The Church of Scotland CAMELON PARISH CHURCH Report and Financial Statements For the Year Ended 31 December 2025 Congrggalion No: 2211340 Scottish Charfty No: SC 014816
Camelon Parish Church, Church of Scolland Report and Financlal Statements For the Year Ended 31 December 2025 Contents Paggs Tru51ees' Annual Report Ilnduding Reference & AdministralNe Infonnatic) Report of the Independent Examiner Statement of Financial Activities (including Income & Expenditure account} Balance Sheet 10 Notes to the accounts Appendix- Funds held by Church of SlIand General Trustees 21
Camelon Parish Church. Church of Scotland Trustees, Annual Report For the year ended 31 December 2025 The trustees present their annual report and financial ststements of Carrvaknn Parish Church, Church of Scotland Iherèinafter referred to as Camelon Parish Church or the Church) for the year ended 31 December 2025. The financial statements have been prepared in a¢cordance the accounting policies sat out in note 1 to the accounts and o)mply with the General Assembly Regulations for Congregab'onal Finance. the Charities and Trustee Investment Iscollandl Act 2005, the Charities Accounts Iscodandl Regulatlons 2006 las amendedl and Accounting and Repong by Charities.. Stslement of Recommended Praetiee applicable to charities preparing their accoun15 in accordan the Financial Rerting Standard applicable in the UK and Republic of Ireland effective from 1 January 2019. Objectives and Activities The Church of Scotland is Trinitarian in doctrine. Refomied in lTrdilion 8nd Presbyterian in po5ity. It exists lo glorify God and to work fr)r the advancement of Christ's KIngdC Ihroughoul the wod¢J. As a national church. il acknowledges a distinctive call and duty lo bring the ordinances of religion lo the people in every parish of Scotland through a territorial ministry. 11 cTroperates with other churches in various ecumenical bcJies in Scodand and beyond. In line with the current restnJ¢turing of parishes nationwide, Camelon Parish is currently exploring the poiential opw>rtunity for a union wtth two other I1 <x)ngregalions whith rt is hoped would kick- start a process of renewal and grovrth to Create a future-ready Church in the area. Historically, Camelon Parish Church was itself formed following a union ir¥ December 2003 of ttyo local Churches these being. Camelon Irving and Camelon Si John's, and is the legal iflheritor of the assets an liabilities of these two fomier parishes. The Church continues to endeavour to reach people with the Gospel of Jesus Christ within the church and the communty al large through a wide variety of @vents. Regular worship lakes place each week on Sunday momings al 11.00am. DLTrring the summer months. (July and August) worship is less formal, with the objective of encouraging gater interactivity and active participation by tre congregation. Whilst there is currendy no pemianent mini51er in post. the Interim Moderator draws up a rota lo coverthe leading of worship within Camdon Parish. This rola consists ol ordained ministets. those from the Readership. and suitaily qualrfied L1 Worship Leaders. In 2024, Forth Valley and Clydesd8te Presbytery's MissK¥n Plan reccJnised ts)th the rteed lo relain a physical worship centre within the parish, but aiso that the ConggatIon required time to explore opportunities for 9ater coll8boralion wrih other local chuTches. In January 2025, Camelon Parish Church was encouraged to apply for a Transitional Minister. Such appointments are typically made fof three-lo-fwe years, lo assist congregations in entifyIng their path lo a SUstsinae future. Ultimately, whilst that application was unsuccessful. the consultati¢ undertaken beforehand prOVed a clear understsnding of current local needs, as viewed by olhers working within the community and infomwj our thinking on hthv to best support our cornmunily and serve the Lord. Any disappointment al the outcome of the application pr¢xess was short lived. In February 2025 Ihe congregation was allowed by Presbytery to call a Minister on a seven-year reviewable lenure, with th8 proviso that should a vacaney arise in a neighbouring congregation during that pwiod, rt would trigger new dis¢ussion5 about a potential union. However, the Church of Scotland's vacancy procedure cannot commence wth an in- silu tenant in the manse as was the case for Camelon Parish. Given the tenant's failure lo vacate the propety within the agreed notice period, it was necessary to commence eviction proceedings via the Firsl-Tier Tribunal. With this pre$S still ongoing in early February 2026. Presbytery's Planning & IMementaliOn Committee met once again with the Session to prowse a rKJtential union between three (ngregatIonS in Camelon. Bonnybridge and Dunipace. Exploratory diu$S1(S are now underway. Although lechnicalfy not Chlrreh organisalions. strong relationships have developed wrth our Guide, Brownie and Rainbow groups which use cxJr halls ano are led by Church members. This provjdes a great link with the community and numbers ale healthy, partF¢ularly among the older age group. These strong relationships extended lo participation in several Church services during the year, notabfy induding a "Greatssl Showman Musical. themed nativity service which was exceptionalfy well received by all. The Tuesday Fellowship continues to grow in numbers and deliver a varied programme of events. Strong ties h8ve developed with residents from the Kinnaird Manor Care Home, some of whom 8ttend Fellowship meetings. Occasional short services are hekl in TrQnnaird Manor led by Church members.
Camelon Parish Church, Church of Scotland Trustees, Annual Report Icont.) In March, the congregab.on held a hugety successfvl AAad Hatter's Afternoon Tea. The Brown Street hall was completely transformed for the event. which was 85 visually spectscular and hugely enjoyable for the many who attended. Our halls also continue lo be Ltsed on a regular basis by Falkirk Opera. Falkirk Philatelic club and the Freedom of Mind Community Choir. The choir engages regulady wtth the Church and its Fellowship group due lo cross- over in the respective memberships. Enquiries from other communrty groups are currentiy challenging to convert into regular bookings gTven the uncertainty surrounding the precise timing of (yjr property consolidab.on plans. Members of the congregation continue to donate many items to the Falkirk Foodbank, of which we are a founding and partner Church. and several members and Elders tske a leading part in the njnning of the Foodbank. Achievements and Perfomiance We conlinue lo live stream our Sunday worship as an aMem8tive for those unable lo attend due lo illness immobility or othei un8voidable commitments that preclude physical attendance. We have also noted thai some viewers replay Ihe servrce even tlx)ugh they partlCiP8led in person. The spiritual and wellbeing needs of the congregation and communty remains a key focus of our church, althotjgh it can be challenging lo resource a regular visiling schedule for all the vulnerabte members in the congregation. As npernan8nt appointments to Cameron Parish Church's Ministry team We made during the year and with no suitable locum available, worship continued lo be eonducted by a rota of individuals providing pulpit supply. The Falkirk Foodbank continued to deal wrth high vdumes of refeffals and donations during 2025, provi¢Jing those in need not onty with f(. tMJt aLso essential items of fumilure and other household goods as they became available. Whilst a period of growth and renewal is required lo ensure the congregation's long-temi sustainability. with or without a future union. its short-lemi finartcial position wTrtinued to be supported during the year by the operation of the Charity Shop, hall lets and rental income fmm our hvo manses. one foi the full year and the other for six months. The TnJstees are therefore satiSfd that Our reseryes are suffictenl to support the on- going work of the Church and we continue to meet all our conlraclual and charttable obligation5 as we look fotvlaril lo a pwioj of greater certainty and new missKJn focused aclivith"es. Worship Worship bwlhin the Church can be descrit£d as slightly non-tr8drtional and a bit drferenl from that whreh might be expected. We have no organist and use a digifal hymnal lo provide accompaniment for praise. We continue lo make use of technology in worship through mulli-media systems with words. images and themes being projecl8d. This is now an established feature of our worship programme. The use of a higher quality projector continues to gr8aUy enhance the viewing qualty of the slNJe5 and video dips used. Communion is celebrated four limes a year, wth the a(Jdition of the sacr8menl on the evening of Maundy Thursday and Easter SLFnday. When or(fained ministry is not available these events continue with an Agape Supper. Two servi¢es are regularly hetd on evenings during Holy Week. those being Maundy Thursday and Good Frlday, when the norm is for a Tgnebrae sernice to te held. Easter Sunday begins with a short early seTViC8 in eelebration of the Risen Christ, followed by a special Easter breakfast bridging the earfy rnoming serwce and the 11 o'clock family service. Special services are also scheduled over Ihe Advent perirxl and Christmas. including a Bereavement service on the first Sunday in December. a fami. nativty service on the fourth Sunday in 8dvent. usually planned and performed by our yotrth organisations and children from the ¢hurth. Ors Christmas Eve, a Vvatchnight service with a prelude of Carol singing takes place. Our younger memtr*rs an¢J their peers also greatly enjoyed highly successful breakfast with Sarts.
Camelon Parish Church. Church of Scotland Trustées. Annual Report Icont.) Achievements and Perfomiance (cont.) The Harvest Thanksgiving Servi once again proved to be both popular and praclic81. The congregation, which included our Gltides. Brownies and Rainbows. donated an entire van-load of foodstuffs to the F8lkirk Foodbank. The Remembrance Day service took pla¢e wrthin the church as aays. wilh reveren to those lost during conflicts. As in previous years a representative of Camelon Parish Church was invited lo lead worship al the War Memorial al Lock 16 in Camelon on the aftemoon of R8membrance Sunday. Community Charity Shop Despite a general downtum in retail trading in Camelon Mainstreel over recent years. exacerbated in 2025 by prolonged roadworks which made accessing shops more challenging, the Camelon Parish Church Community Charity Shop continues lo act as major link betsveen the church and the local community. albeit with slightty reduced opening hours. Members of the communty continue to support this venture both by donations of merchandise and volunleering lo help staff rt. It is clear from community feedback that the charity shop has created a uniqve ro for Camek)n Parish church wrthin the Ictsl community arml continues lo be gready appreciated. Churclj building programme Ever since ils establishment in 2003, Camelon Parish Church has sought to create a physical worship centre in keeping with its community focused mission in the area. Over the yeais. various plans have been developed, adapted and ultimately fwstrated by events, however the current PSbylery Mission Plan provides welcome clarity and direction. The Dorrator Road ChLtrch and hall complex is currenuy in the process of being sold. One ofthe congregation's two manses is also due to be sold in 2026. It is envisaged that the net sale proceeds from both properties, supplemented by additional Congregational. nab.onal church and grant funding, will be committed to the redevelopment of the Brown Street Hall sile. The site was the subje¢l of an architect led feasibility study in autumn 2025 vthich recommended a new build, rather than refurbishment, solution. Whilst these lalesl plans are yet to be ftjlly developed and approved by the ielevanl parties, the Kirk Session does not consider the current discussi(8 about a union to be an impgdiment to progress. Other signrficanl propety issues encountered during 2025 included the closure of the Dorrator Road Church and hall complex foi several weeks due lo stom) damage and the removal of the conservatory al the manse in Maclntosh Place. following subsidence. Both issues were fijlty rectified following successful insurance claims. Organisational development The various aspects of chureh life are deall with by three teams. each comprised of both Elders and Members of the congregation. They are Compliance., Church & Community- and Ministy. These teams are tasked with the work of integrating ideas and suggestions (gleaned from the'Path of Renewal, project training) into church life and moving the church towards a more fflissional approach lo ministry.11 is both our hope and our intention that the additional stability and fresh perspectives provided by a new Minister will provide a¢¢Jitional support for these groups, enabling armj equipping each of them to achieve their obJ"ethes, arKI by doing so, ullimalely reinvigorate church life. Principal risks and mitigation After nearly eight years wilhoth a Minisler, six years wtthout an Assistant Minislef and almost five years of uncertainty surrounding the eventual outcome of the p$bytery Planning process. the principal risks for Camelon Parish Church relate to the negative consequences of expending too much lime and energy on inward-looking processes rather than misston and outreach activity. That these risks have not manrfested themselves a$ fab.gue or disillusKJnment is remark8ble and a testsm8nt to the spiritual and practical leadership provhded by our Interim M18ratOr {until 25th April 20261, Rev. DT. Jgan Gallacher. The resolve of the Kirk Session in advcKakn"ng for the tents"OTr of a Church of Scotland Psence in the community has been an important mitigating factor. as has the patience and resilience of the congregation.
Camelon Parish Church, Church of Scotland Trustees. Annual Report Iconl.) Achievemènts and Perfomiance (conL) The congregation's financial position has been supported in recent years by rental, hall let and charity shop income, however membership growth and renewal is required to deliver 8 sustsinable future for the Church in Camelon. That in turn requires the swrft resolution of key prsS and organisalional k8sues, to allow us lo refocus outwards. Financlal Review Income and expenditure is set out in the Statement of Financial Activities {the SOFA} on page 9 and the accompanying notes to the accounts. The principal souree of income is wa Weewy Freewill Offering envelopes and Monthly Standing orders. Totsl income decreased sligmy in 2025 to £75,686 12024.. £77.242}, of which income from grants and donations amounted to £32.357, an increase on 2024 1£26.667 - see note 2 on page 121 mainly due to conlribulions from the General Tru51ees towards pulpit supply costs1£4,5001 and a legacy ceiVed during the year1£2,0001. Levels of regular giving and associated gift aid were broadly in line with the previous year. The church's communty charity shop achieved gross tskings of £17,780 in the year12024.' £22,013). Good use was made of Gift Aid, and lax laImed from HAARC equated to around 4% of lolal income. In¢ome from Hall Lets dropFed to £1.97112024= £4,128). The Lionthom Manse had a tenant until July 2025, while Colland Drive manse was let out for the full year- the overall rental income was slightty down on 2024. Payments for Giwng lo Grow were £28.103 (2024.. £21.204). Costs associated with the charity shop amounted 10 £12,116. including rent and ulilrties. There was an increase in overall expendrture lo £84.883 12024.. £69,1961. with most of the increase attributable lo rising uDlibes costs as well a¥ professional fees connected to propety and the uplift in Giving to Grow contributrons. There was a gain rgcc4Jnised on propety of£18.569 arising from a cash settlement from the insurers in respect of subsidence which resulted in the requirement to remove a conservatory at the Lionlhom manse. The settlement was in excess of the costs of the removal. Any resultant change in undertying value is not reflected in the accounts as no fomial revaluation could lak8 place while the works were ongoing. As the manse is due lo be sold in the near future, any further gain or loss on disposal will be recconised in the 2026 accounts. The general fund had an operating deficit of £23,989 in the year before transfers. A transfer of £20,000 has been made from the charity shop fund lo the general fund. The fund balance is £4.710 at the year end. Reserves PDIicy 11 is the Trustees, policy lo hold reserves of approximately six months, expenditure induding designated funds. Al the year end the Church held free unreslricled fijnds of £115.876 lexduding fixed assetsl, which represents around 16 months, budgeted expenditure. £460,000 is held in designated capital fvnds in relalion to propety, s per Note 11. The Church 81so held £10,346 of restricted ndS which have en proded for the purposes specifie(J in Note 11. The trustees are satisfied with the level of reserves held. Structure. Governance and Management Governing Document The Church is administered in 8ceordance with the terms of the Deed of Constitution (Unitary Fornil. Recruitment and Appointment of Trustees Members of the lQ'rk Session are the chanty trustees. The lQik Session members are the elders of the thurch ané are chosen from Ih¢)se members of the church who are consllered to have the appropriate gffts and skills. When there is one in post, the minister is a member of the Kirk Session, being elected by the congregation and inducted by Pre$byt8ry Fn terms of the prevailin9 law and procedures of the Church ol Scot18nd. Durin9 vacancy, Interim Moderators are PLFI in place and also act as trustee5 during their lemi of appointment. Details of all those holding rx)sitions as trustees and other office bearers are on page 6.
Camelon Parlsh Church. Church of Scotland Trustees, Annual Roport (cont.) Structure. Governance and Management (conL) Organlsational Structtjre The Kirk Session méets al least 6 trmes per year and is resnsIble for the oversKJht of all the affairs of the church both SPiTttual and secular. The Kirk Session is chaired by th& moderator, who is the Minister or Interim Moderator. The work of the Kirk Session is rerned to the three Groups mentioned in the Organisational Developfflent section above. The Kirk Session calls additional meetin9s as necessary for the induction of new Elders. the introduction of new communintS lo the Church and any other necessary business. Reference & Administrative Infomiation Charity Name.. Camelon Parish Church. Church of Scotland {krKwn as Camelon Parish Church) Charity Registration Ntjmber. SC 014816 Congregation Reference No: 2211340 Contact Address.. Church Office Dorrator Road Camelon FK148N Charity Trustee$ The list of all trustees who served at any during the year and up to the date of signing the accounts is as below.. Rev Dr Jean Gallacher (until 25 April 20261 Mrs Joyce Goldie Rev Ronald Malandakufa (from 26 Awl 2026) Mrs Janice GLrthrie Mr Alastair Blackstock Mts Aexis Hearsum Mrs Sheena Brown Mr Jim Couper Mr Andrew Kilpatrk {Elder Emeritus" from 26 June 20251 Mrs Janet Crawford Mrs Donna Kilpatrick (Elder EmeritU5' from 1 May 20251 Mrs Linda Travers Mr Mark Crawford Mr Neil Fotheringham the slalus of Elder Emeritus allows @derg to remain LKdained while r#) longer taking on the rcle and responsibilities of being a charity trustee. Principal Offi¢e4>ear•rs: Minister.. vacant Interim Mcxjeralor.. Rev Ronald MatandakLrfa Ifrom 26 April 20261 Rev Dr Jean Gallacher (until 25 Apn"120261 Mrs Joyce Goldie Mr Mark Crawford Session Clerk.. Church Treasurer= Independent Examinor Paul M Clelland CA Paul Clelland ACuntanCY 74 Norse Road Glasgow G14 9EF Bankers Virgin Money 1 Bank Street Falkirk FK1 1NB
Camelon Parlsh Church. Church of S¢olland Trustees. Annual Report (cont.) Trustee5' Responsibilities in Relation to the Flnancial Statemonts The charity trustees are resEKJnsible for preparing a trustees, annual report and )Inancial statements in accordance with apICable law ar United lfjngdom A(Njnting Standards (United Kingdom Generally Accepted Accounting Practi1. The law applicable to charities in Scotland reqvires the charity trustees lo prepare financsal slatemenls foT each year which show a true and fairview ofthe stste ol affairs ofth& charity and ofthe income and expenditure of the charity for that peiK)d. In preparing the financial statements. the trustees are required to.. s818Ct suitable accounting t¥Jliaes and then apply them consistently., observe the method and principles in the applicable charib.es SORP- make judgements and eslimales that are 8$Onable and prudent., slate whether applicable accounting standards and statements of recommended practice have been followed, subject lo any departures disdosed and explained in the financial statements- prepare the financial statements on the going concern basis unless rt is irbappropriale to presume that the charity will continue in cwerational existeno. The Iruslees are sponSible for keeping &Yequate accounting records that are sufficient lo show and explain the charity's transactions and disclose wi(h reasonable accuracy al any time the financial position of th8 charity and lo enable them lo ensure th81 the financial statements comply with the Charilies and Truslee Investment (Scotlandl Act 2005 and the Charitss Acc4Junts Iscouandl Regulations 2006 las amendedl. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularrties. The trustees are responsible for the mainlenance and integrity of the charity and financial infomialion on the congregation's websit&. Legislation in the United Kingdom goveming the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Approved by the Trustees and signed on Iheir behalf J Goldle Sesslon clerk Date..
Report of the Independent Examinor To the Trustees of Camelon Parish Church, Church of Scotland I report on the financial statements of the charity for Ihe year ended 31 December 2025 are sel out on pages 9 10 19. Respective responsibilities of trustees and exarniner The charity's trustees are responsible for the preparation of the a¢o)unts in accordance with the temis of the Charities and Tnjslee Invesknenl (Scot18ndl Act 2005 and the Chafilies Accounts (Scollandl Regulations 2006. The charity trustees consider that Ihe audit requirement of Regulation 10111 (al lo Icl of the Accounts Regulations does not apply. 11 is my responsibility to examine the accounts as required under section 44111 Icl of the Act and to stale whether particular matters have come to my attention. Basis of independent examinerfs statement My examination is carried out in aecordance with Regulation 11 of the Charities Accounts {Scotlandl Regulalwjns 2006. An exarnination includes a review of the aceountiThJ records kept by the charity and a comparison of the accounts presented with those records. It also indudes 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 would be required in an audit, and consequently I do not express an audit opinion on the view given by the acctsjnts. Independent examiner's statement In the course of my examination. no matter has ce to my attention, other than disdosed below, which gives me reasonabk cause lo beIve that in any material respect the requifements.. to keep accounb.ng records in aco)rdance wtth Section 44{11181 of the 2005 Act and Regulation 4 of the 2006 Accounts ReguL4b"ons. and lo prepare accounts which accord Mth the accounlirYJ records comply with Regulation 8 of the 2006 AccoLFnts Regulation5 have not b&n met, or to which, in my opinion, attention should be drawn in order lo enable a tper understsnding of the account5 to be reached. vomi Signed............................................................................... Date: Paul M Clelland CA Member of the Institute of Chartered Accountsnts of Scoyand Paul Clelland Accountsncy 74 Norse Road Glasgow G14 9EF
Camèlon Parish Church, Church of Scotland Statoment of Financial Actlvlties For the Year Endod 31 December 2025 Unrestricted Restrict Funds Funds Total 2025 Total 2024 Note Incomè from: Grants & donations Charitable activities.. Activities & outings Other trading activities.. Charity shop tskings Other trading activities Investments Bank interest 32,297 32,357 26,667 603 17.780 24.147 17,780 24,147 22.013 27,668 799 799 894 Total Incom• 75,626 75.686 77.242 Expenditure on: Fundraising trading.. charity shop Other Costs of raising funds Premises costs Local staffing costs National Ministry arKI Missk & Wider Work Other local costs Govemance costs 12.116 12.116 186 10.4S9 181 25.096 8.062 28.923 25,096 8,062 28.923 20,109 8,175 22,149 9.600 900 9.600 900 7,348 875 Total expenditure 84,883 84.883 69.296 Net lexpendituro} l incomè for y•ar 19.2571 60 19.1971 7,946 Transfer5 between funds 11 Gain on disposal of fixed assets 18,569 18,569 Net movement In funds 9.312 9,372 7,946 Funds reconciliation Total funds brought forward 567,042 10.286 577,328 569,382 Total funds carried forward 576,354 10,346 586,700 577,328 Comparative rureS analysthj by type of fund are provided in note 15 on page 18. The above statement indudes all gains and losses rec4nised during the year. The notes on pages 11 to 19 torm part of financial statements.
Camelon Parlsh Church, Church of S¢otland Statement of Financial Position at 31st December 202S Note 2025 2024 Fixed Assets Tangible assets 460.000 460,000 Current Assets Debtors Cash at bank and in hand 4.625 124,765 129,390 5,849 113,381 119,230 Creditors: Amounts falling due within one Jear 10 2,690 1.902 Net Current Assets 126.700 117,328 Total Assets less Currnnt Liabilities 586,700 577,328 Total Not Assets 586 700 577 328 Funds: Unrestricted funds". General fvnd Fixed asset fund Designated funds Total unrestricted funds 11 11 11 4,710 8,699 571,644 576.354 558,343 567.042 Restrict•d funds 11 10,346 10.286 Total Fund$ The financial ststemenls on pages 9 to 19 approved by the Trustees on 30 April 2026 and are sjgned on Iheif behalf by.. Joyco Goldie S•ssion Clgrk Trustee Date: Date: 20 The notes on pages 11 to 19 fomi part of these financial statements. 10-
Camelon Parish Church, Church of Scotland Notes to the Accounts For the Year Ended 31 December 2025 1. Aeeounting Policies The principal accounting poliaes, whicl) have been applied Consistent in the current and preceding year in dealing with items which are considered matenal to the accounts, are set out below. Basls of Preparation The accounts have been prepared under the hislorical cost o)nvention. mrAlrfie(I to reflect the inclusion of heritable propety at market value, and in accordan with Accounting and Reporb"ng by Charities.. Slalement of Recommended Practice applicable lo chaTtties preparing their accounts in accordance wth the Financial Reporting Standards applrcable in the UK and Republic of Ireland IFRS1021 issued on 16 July 2014 and the Financial Reporting Stsndard apFlicable in the UK and Republic of Ireland {FRS1021. the Chartknes and Trustee Investmgnt (Scotlandl Act 2005 arKI the Charities Accounts (Scotland) Regulations 2006 las amendedl. The charity constitutes a Publ benefit entty as defined by FRS102. The 8ccounts are ppared on the goirvJ concern basis. The trustees have considered whether there are any material uncertainties regarding the charitys ability to continue in operation for the foreseeable future, and are content that il is appropriat8 to [KIrt on this basi5. Funds Funds are dassified as either restricte(I funds or unreslricted fijnds. defined as floW$. Restricted funds are funds subject to speufic requirements as to their use whieh may be declared by the donor or with their authorrty or creabj through Wl processes, but still within the wder objects of the charity. Unrgstrlct8d fund$ a expendable at the discrètion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are eamiarked al the discrelK)n of the trustees for a particular purpose, they are designated as a separate fund. This designation has an adminislratsve purpose only and does not legally restr1 the twstees, discretion to apY the fund. Income All donations and gifts are included wthin income Uar either unrestricted or restricted funds according lo the temis under which the donation is made and when the amount can be quantified w¢lh reasonable certainty. Donations aThS gilts in kirKJ are br(xJght into the actnts at their market value lo the chartty. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the ¢h8rity lo the expendiluie. AJI expenditure is accounted for on an accnjals basis. The charity has opted not to report on the activty basis. Expendire is instead reIed by cosl We. Taxation Camelon Parish Church is cognised as a charity the purposes of applirable taxation legislation and is therefore not subject to taxation on its charitable activities. The charity is not registered for VAT and expenditure therefore includes irrecoverable input VAT where approprk21e. Tangible Fixed Assets and Depre¢latlon The charrty has the right lo occupy and use for ils Charitable objects a manse at Cotland Drive, vested in the ChLtrch of Scotland General Trustees. No crmsideration is payable for the use of this manse. Expenditure incurred on the repair ar maintenance of this manse is charg&J as resources expende(1 Sn the statement of financAal acts"vities in the period in which the Ik8biltty arises.
Camelon Parish Church, Church of Scotland Notes to the Accounts (conllnuedl 1. Accounting Policies (continued) Tangible Fix¢dAssets and Depreciation (confinugd) Tangible fixed assets eosting in excess of £1,OCA) a ststed al c¥Jst less accumulaled depreciation. which is provided to write off the cost of the 8ssets over their estimated useful Itves as shown beli)w: Furniture & equipment Fixtures & fittings Ichurch) 3 years 10 years Freehold Property Freehold propety is ststed at eost. as arned to reflect Tren1 market valuation. Valuations are carried out every five years. Depreciab"on is provkyed on freehold property a12% on cost, in order lo write the assets down to their residual value over their eslimaled useful lrfe. However, it is the Mew of the Trustees that the estimated resklual value of the Lionthorn manse is not materialty drfrent from its cost or Carrwng value, and accordingly no depreciation has been charged on this propety- Further. it is the view of the trustees that the value of the properties al Dorralor Road and Brown Street is in the Main a reflection of the value of the undertw.ng land. Therefore, in line the wuirements of FRS102, no depreciation is charged on these prOpe.e$. 2. Grants & donations Unrestrictgd Restricted Funds Funds Total 2025 Totsl 2024 Offerings Offerings - WFO & Standing Order Gift Aid tax recovered Ordinary offerings- open plaie Donations lo flower fund Other donations Collections reiVed by churth organisations Donations for wed(Jings & funerals Legacies Endowment incomè Total grants & donations 19.528 3,091 890 19,528 3.091 890 20,365 3,729 336 40 60 4,500 1,253 300 2,000 735 32,297 4.500 1,253 300 2,000 735 32,357 1.451 746 26.667 60 3. Othèr trading activitle$ Use of premises - hall lets Use of premises - manse renl 1.97T 22.170 24.147 1.977 22,170 24,147 4,128 23,540 27.668 4. Investment in¢om• Deposit interest- Fabric fun¢J Deposit inter8St- New Church Building fvnd 583 216 799 652 242 216 799 12-
Camelon Parish Church, Church of Scotland Notes to the Accounts (continued) S. Expgndlture Unrestricted Restricted Funds Funds Total 2025 Totsl 2024 Ralslng funds Fundraising trading.. charity s Fundraising administration 12,116 186 12.302 12,116 186 12,302 10,459 181 10.640 Premises costs Fabric maintenance Council tsx Gas, electricity & water rates Insurance Cleaning 8.211 23 13.167 3.551 144 25.096 8.211 23 13,167 3.551 144 25,096 10.271 6,216 3,364 258 20.109 Local staffing co$t$ Pulpit supply Other staffing costs 4.500 3.562 8.062 4.700 3.475 8.175 3,562 8,062 National Ministry and Mission & Widor Work Giving to Grow allocation Presbytery Dues 28.103 820 28,923 28.103 820 21,204 945 22,149 28.923 Other local to$ts ActNlties & outings Office costs Equipment Professional fees Organ & musi¢ costs Caprtalion & subscripb'on fees Miscellaneous expenses 1.370 1.370 989 1.211 1,035 170 2,985 429 4.103 719 1.593 826 9.600 4.103 719 1.593 826 1,518 7,348 9.600 Governance costs Independent Examinerf$ fee 9110 875 Total expendiluie 84,883 84,883 69.296 Expenditure above incfudes the folb)wing". 2025 2024 Operating lease payments for propety 8.740 7,975 Staff costs included above relate to irKliv*Juals paid IM a self-emFAoJed bas&s to cary Out adminislralive and maintenance tssks on behalf of the church. Thg church has no employees. 13-
Camelon Parish Church. Church of Scotland Notes to the Accounts (continued) 6. Transactions with Trustees and Relatgd Parties During the ye8r. the f10ng transacts'ons with tnjstees and connected persons took place.. Jani Guthrie, a Iruslee. was paid £70012024." £1.9001 for proY#ling pulptt supptr, - no payrnenls were made to any other twslees or connected persons in the cuent or previous year.. - donations lotslling £5.940 {2024'. £6,31X¢l WEre received from trustees during the year. I Church of Scouand congregations contritMJle to the National Stipend Fund, which bears the cost of all ministers. stipends and employErfs contrbutions for nabonal insurance. pension and Housing & Loan Fund. Ministers, stipends are paid in accordance with the National Stipend Scale. which is related lo years of service. For the year under review, the minimum stipend was £32,433 and the maximum stipend lin the 5th and subsequent years of setvicel was £39,856. 7. Tanglble Fixed Assets H•rltablo Offl¢e property equlpment Total Costlnet realisable value.. Al 1 January and 31 December 2025 460,000 1,020 461.020 Depreciation.. Al 1 January and 31 December 2025 1.020 1.020 Net Book Value.. At 31 December 2025 460,000 460,000 Al 31 December 2024 460.000 460.000 Heritable properties included atrM)ve consist of the Onth0M Manse. the chureh and hall at Dorrator Road and the hall at Brown Street. The propert were revalued during 2020. They are staled here at nel realisable V81ue, calculatecl as formal c8Pital valuation less £10,CM)O estimated disposal c05t per property. There was a gain recognised on propety of £18,569 arisi from a cash settlement from the insurers in respect of subsidence which resulted in the requirement to remove a conservalory al the Lionlhorn manse. The settlement was in excess of the c(Ysts of the removal. Any resultsnt change in undedwng value is not reflected above as no formal revaluation could lake place while the works were ongoing. As the manse is due to be sojd in the near future. any further g8in or loss on disposal will be recognised in the 2026 accounts. 8. Debtors Amounts falling due wilhin one year.. Gifl aid re¢overable Accrued income Prepayments and other debtors 2025 2024 3,083 700 3,577 1,286 5,849 4.625 14-
Camelon Parish Church, Church of Scotland Notes to the Accounts (continued 9. Cash & bank 2025 2024 Balances on deposit Cos Investors Trust Bank balances Cash in hand 18,795 105,542 428 124.765 17,995 89,837 5,549 113,381 10. Creditors Amounts falling due within one year Accruals and other creditors 2,690 2,690 1,902 1,902 11. Movement In Funds Incom8 Eyn- Transfers diture & Galns At 31112125 01101125 Note Restricted funds: Flower fund Baird Trust Total restrlcted funds (al (bl 358 9,988 10,346 9,988 10,286 Unrestricted funds: Designated funds.. Fabric Charity Shop New Church Building Fund Replacement of office gquipmenl Lionlhom Manse capitsl fund Church Propety fund 150rts Tugsday Fellowship M Logan Memorial fund Garden fund Fixed asset fund Totsl designated funds-. (cl 26.612 {dl 68,570 lel 438 ifj {gl 210,000 (h) 250,000 1.515 495 400 22,753 17.780 216 112.1911 18.569 113.7091 120.0001 55,743 52,641 654 288 210.000 250.000 1.515 378 400 25 ti) Ikl 1,253 11.3701 25 (m) 558.343 42,002 (27.270) {1.431) 571,644 Gener81 fund Total unfestricted funds 8.699 567,042 57.613 33.624 20,000 75.626 84.883 18,569 4,710 576,354 Total funds 577,328 75,686 18,569 84.883 586,700 Notes: See next page. 15-
Camelon Parish Church. Church of Scotland Notes to the Accounts (contlnuedl 11. Movement In Funds Icont.) Notes: PuOse$ of Rgstrl¢ted Funds.. Donations to restricted fund5 are applied as rted below-. lal Flower fund." this is a fund to prowde fiowers for dispw durir*J servi$ of WOT5hip. (bl Baird Trust.. Ihis fund is available lo be useLI for the relief of the wor of Camelon Parish 8t the discretion of the minist8r. Purposes of Dosignated Funds.. Funds set aside by the trustees for specnS¢ purFX)ses are detsikd bdovr. {cl Fabric Fund". The Trustees have sel aside funds for the maintenance of the church property. Idl Charily Shop.. The church operates a charity shop. Net proceeds from trading are available to support outreach into the local community. assist local community groups and for the general work of the church. {el New Church Building Fund: This fvnd is to assist with the iyjst of building a new Church on the former Sl. John's Church Site las pef Presbyiery Plan). (fl Fund for Replament ol OffKe Equipment= The Trustees ocCaSnalty set aside funds lo replace larger items of equipment (gi Lionthom Manse Capital Fund.. This capital fun¢Y reflects Ihe carrying value of the Lionthom Manse. Ihl Church Property Fund: This capital fund reflects the carTwng value ol the church properb.es at Dorralor Road and Brown StreeL lil Allsorts Fund.. The Allsorts is the 'Mothers and Toddlers" group and contributes to Church funds. O'l Tuesday Fellowship Fund-. The Tuesday Fellowship hosts speakers and enlerlainers and has trip5 to the theatre and places of inte$t, and contributes lo the Church. {kl M Logan Memorial Fund.. This fund was established from a legacy. lo be used to support young peoplè taking part in church activities. Support is granted at the discretion of the minister. 111 Garden Fund.. A small donation was designated for the puwes of estsblishing a community gardening project in the parish. Im) The fixed assel fund ¢offesrx)nds to the net 0k value of fixed assets other than heritsble properhes. Annual depreoalion is charged lo the fund and the cosl of fixe(J assets purchased is transferred into the fund. Transfers are made between funds to transfer ntrIbUtIonS between deSnated funds. church organisations. the general furmj and the charity shop. 12. Analysis of Not Assets botween Funds Unrgstrfcted Funds Restri¢tod General Designated Funds Total Funds Tangible fixed assets Debtors Cash on deposit, at bank & in han(J Creditors due thIn year Net assets at 31 December 2025 460,000 349 111,482 187 571,644 460,000 4,625 124,765 2,690 586.700 4.276 2.937 2,503 4,710 10,346 10,346 16-
Camelon Parish Church. Church of Scotland Notes to the Accounts (Continued) 13. Volunteers In common wth all congr8gations of the Church of Scotland the congregation b8nefits from the contribution mad& by volunteers who give their time and talents willingly for the benefit of the Church. The 8reas of congregational lrfe which rely on Ihe contribution of volunteers are many and varied and much of the activity woukj be unable to continue were it not for the commitment shown. 14. 0ratIng L•as• Commitment At 31 December the charity had future minimum payThents in rest*ct of an operatiry 18ase for the rental of proFerty as follows.. 2025 2024 Payable.. In 18SS than one year Belween 2 and 5 years 8.740 21.850 30.$90 8,740 30,590 39,330 17-
Camelon Parish Church, Church of Scotland Notes to the Accounts (continued) 15. Statement of Flnanclal fv*tlvltles . Prfor Y•ar Unrestricted Restricted Funds Funds Total 2024 Income from: Grants & donations Other trading activities: Charity shop takings Other trading activities Investments Bank interest Total income 26.627 40 26.667 22.013 27,668 22.013 27.668 894 77.202 40 77,242 Expenditure on: Fundraising trading.. charity sh Other costs of raising funds Premises costs Local staffing costs National Ministry and Mission & Wider Work 10.459 181 20,109 8,175 22,149 10,459 181 20,109 8.175 22.149 Other local costs Govemance costs Total expenditure 875 69.296 875 69,296 Net income I lexpanditurel for year 40 Transfers between funds Net rnovemant in fund$ 7.946 Funds reconciliation Total funds brought forward 559,136 10,246 569,382 Total funds carried foThYanl 567,042 10,286 577,328 18-
Camelon Parish ChurcN Church of Scotland Notes to the Accounts (¢ontlnuedl 16. Movement In Funds- Prlor Y•ar Income & Exp•n- Gains diture Transfers At 3111¥24 Note 01101124 Restricted funds: Flower fund Baird Trust Totsl restricted funds 258 9,988 10,246 298 9,988 10,286 40 Unrestricted funds: Designated funds.. Fabric Ch8rityShop New Church Buitding Fund Replacement of office equipment Lionthom Manse capitsl fund Church Propety fund Allsorts Tuesday Felloytship M Logan Memorial fund Garden fund Fixed asset fund Total designated funds.. 15.349 77,633 24,192 22,013 242 {12.929) 110,459} 120.6171 26,612 68,570 438 288 210.000 250,000 1,515 495 400 25 210,IX 250,000 1,515 255 400 25 1.451 11.2111 555.661 47.898 {24.599) {20,617) 558.343 General fund Total unfestrlcted funds 3,475 559.136 44.697 29.304 20,617 77.202 69.296 8,699 $67,042 Total funds 569,382 77.242 69,296 577,328 17. Anatysls of Net Assets between Funds- Prlor Year Unrestricted Funds Restrlcted Gengral Designated Funds Total Funds Tangible fixed assets Debtors Cash on deposit. at bank & in hand Creditors due within one year Net assets at 3108cemb•r 2024 460,( 3.395 95.135 187 558,343 460,000 5.849 113,381 1,902 577,328 2,454 7,960 1.715 8,699 10.286 10,286 19-
The followng pages are provvjed for information onty and do not fomi part of the financial ststements -20-
Camelon Parish Church, Church of Scolland Year ended 31 December 2025 Appendix Funds held on behaff of the congregallon by the Church of Scodand General Trn$tges 2025 2024 Capital Credit balances held at 31 December at ¢ost 42,981 Market Value of ba18nce5 al 31 Dernber 50,911 Revenue Credit balance hd¢J at 31 December 8.740 7,133 Temporary funds at 31 December (debit balance) {2.0671 21