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2025-12-31-accounts

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CHARITY NO: SC014964

ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Docusign Envelope ID: 7B4DA63F-1492-831E-820F-9DFC6F7E8DF3Docusign Envelope ID: 55AD278F-F8C6-8355-8222-11BD0D85BD99

ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

PAGE
Legal and Administrative information 1 – 2
Annual Report of the Trustees 3 – 12
Independent Examiner’s Report 13
Statement of Financial Activities 14
Balance Sheet 15
Notes to the Financial Statements 16 – 25

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

LEGAL AND ADMINISTRATIVE INFORMATION

Charity Name: St Madoes and Kinfauns Church of Scotland Registered Office and Madoch Centre Operational Address : St Madoes Glencarse Perth PH2 7FF

Charity Registration Number: SC014964 Congregation Reference Number: 281686 Trustees Mr Richard Lapslie (Appointed Treasurer 01.10.2025) Rev Marc F. Bircham (Minister) Mr Euan Clipston (Session Clerk) Mrs Joyce Brown (Resigned 31.12.2025) Mrs Lisa Christmas (Resigned 31.12.2025) Mrs Caroline Deakin (Resigned 31.12.2025) Mrs Heather Fergus (Resigned 31.12.2025) Mrs Morag Gaskin Mrs Susan Grainger (Resigned 31.12.2025) Mrs Maureen Grant (Resigned 31.12.2025) Mrs Angela Johnston Mr Douglas Lawrie Mrs Katrina Leese (Resigned 31.12.2025) Mr Andrew Lewis Mrs Mary Lewis (Resigned 31.12.2025) Mr Bruce Lockhart Mrs Kirsty Lockhart (Resigned 14.01.2026) Mr Stuart Martin Mr Graeme Macdonald (Resigned 31.12.2025) Mr John McOuat (Resigned 31.12.2025) Mrs Helen Norrie (Resigned 31.12.2025) Mr Craig Paterson Mrs Lynsey Paterson (Resigned 31.12.2025) Miss Sheila Prain (Resigned 31.12.2025) Mrs Suzanne Skeldon (Resigned 31.12.2025) Mrs Anne-Marie Stevenson Mr Craig Stevenson Mr Peter Tomb (Resigned 31.12.2025) Mr Ian Wiggins Mrs Shona Wiggins Mr Andrew Wilson Mrs Karin Wilson

Independent Examiners: Wbg Services LLP 168 Bath Street Glasgow G2 4TP

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

LEGAL AND ADMINISTRATIVE INFORMATION

Bankers: Bank of Scotland

10/16 King Edward Street PERTH PH1 5UT

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Annual Report of the Trustees

The Trustees present their annual report and financial statements of the charity for the year ended 31 December 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s constitution, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, and 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.

The legal and administrative information on page 1 and 2 forms part of this report.

Structure, Governance and Management

Governing Document

St Madoes and Kinfauns Parish Church is administered as a Unitary Constitution Congregation.

Recruitment and Appointment of Trustees

The charity’s Trustees are also members of the Kirk Session. The Kirk Session members are comprised from Elders of the church, chosen from those members of the church who are considered to have the appropriate gifts and skills. During 2025, existing Trustees agreed to reduce the number of Elders who would act as Trustees at any point in time. It is anticipated that Trustees will fulfil this role with some rotational changes on a regular basis going forwards.

Organisational Structure

Committees and subgroups of the Kirk Session, including Trustees, Elders and members of the congregation, with some delegated powers, meet throughout the year and report to the Kirk Session.

During 2025, St Madoes & Kinfauns Parish Church entered into a linkage with Errol Parish Church. These churches remain separate charities. This linkage has seen the Minister, Rev Marc F Bircham, assume the role of Minister for both Parishes. An Associate Minister, Rev Anne Redpath, was appointed on 1 November 2025 to operate as part of a team ministry. Ministry costs are shared across both churches.

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 in Scotland through a territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scotland and beyond.

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Vision

The church’s mission statement is:

“Sharing the love of Christ in the Parish of St Madoes and Kinfauns”

Current Activities

In addition to our programme of weekly worship, current church activities include:

Faith based activities - open to all:

Sports and exercise activities for all ages and abilities - examples below:

Community Development activities:

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Community events and activities:

All these activities are advertised throughout the Parish, and beyond, through various communication channels and everyone is invited to join with us. Our aim is to be inclusive and to provide our community with opportunities to meet with one another and experience God’s love in action.

The Madoch Centre – church centre – open all week and at the heart of the community

The Madoch Centre (the Centre) is now in its 8[th] year of operation. In partnership with local people, the Centre has continued to develop and respond to the needs of the surrounding community.

We continue to develop the building itself and, in 2026, aim to be net zero in emissions. We continue to be part of Community Energy Scotland and the Scottish Government’s Community & Renewables Energy Scheme (CARES) network. This year, with assistance from Local Energy Scotland (CARES community building fund), Perth and Kinross Greener Living funding and the West Carse Community Council Solar Fund, we have secured funding to install three air source heat pumps and a further 27.3kW of solar PV panels. We will have the opportunity to store and export more solar energy in the summer months which will off-set the increased electricity usage over the winter. We are grateful that, through grant funding from Plugged in Communities, we have added another 7-seater electric car (with specially adapted front passenger seat) for our community transport service.

Our Fabric group continues to seek ways to keep the building an attractive and accessible community space.

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

The Madoch Centre – church centre – open all week and at the heart of the community (continued)

During 2025, with the help of funders, the Centre team has grown with the addition of two new team members – now 4.7 FTE. This investment will enable us to continue to develop our programmes. Our new Sport and Youth Assistant will lead a project using sport to engage young people from both church and wider community. With help from multi-year grant funding from The National Lottery (TNL) Community Fund we appointed a Community Engagement Worker in December 2025. This post will allow further embedding and development of our highly valued community activities.

Café Connect @ the Madoch Centre Ltd (Café) is a separate business operating from the Centre. It employs one full time and two part time member of staff and shares our aims of connecting and supporting. This relationship is managed by a Partnership Group, comprising Trustees of our charity and Café Directors, which meets regularly.

St Madoes Active Sports Hub (SMASH)

SMASH aims to increase physical activity across all ages, and to build relationships between church and community.

Jenny Tattersall is our Sports Outreach Worker and is responsible for the project. SMASH aims to meet researched community needs and to increase sports participation and physical activity across all ages and abilities. SMASH has both community and church objectives.

This community sports programme continues to develop, and in 2025 numbers attending built on the previous year’s record – some weeks as many as 370 people participated and, in the first term alone, the average number of participants was 350+. In most classes, regular attendance has grown by 7-10 people. There has also continued to be significant increases in the numbers taking part in Pilates and Social Sports. Programme participants experience significant gains in fitness but also in social connectedness. Often participants opt to get involved in other activities within the Centre or in supporting Centre programmes through volunteering.

“The programme is very inclusive with lots of fun and laughter” – Participant feedback

SMASH provides activities under broader aims:

“I’m feeling fitter with all the various exercise options available.” – Participant feedback

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

St Madoes Active Sports Hub (SMASH) (continued)

“We like keeping fit whilst enjoying ourselves…I have made new friendships…it is convenient, friendly & with great encouragement.” – Participant feedback

The Sport and Youth Assistant, Jack Wilkie, is in a development post and is working towards gaining qualifications for the leading of children and young people’s sports sessions. Jack has been involved in assisting and leading additional after school sports sessions for Primary children. A discussion slot has been added to Teen Sports, and the young people have responded well to this. We are working in partnership with the Benefact Trust and Seeds for Growth (Church of Scotland funder) to deliver this project.

Through research into other faith communities who are delivering sport we have established an informal partnership with ‘Sportily’ who are based in Gloucester. Through online meetings, we will continue to share ideas and best practice.

Criss-Cross

Provides community support and social activity groups.

In 2025 Anthea Bircham, as the Community Development Coordinator, was responsible for the Criss-Cross project. It aims to combat social isolation amongst residents (particularly vulnerable groups), improve health and wellbeing, support the community and provide social opportunities. Criss-Cross includes the Madoch Centre Community Transport Scheme.

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Criss-Cross (continued)

Support Groups meeting in 2025 included:

Dementia-friendly group for those requiring support to participate (Madoch Meet-Up); Bereavement support groups, including one to one peer support sessions, courses and therapeutic events; Breastfeeding support group; Parenting group (Parent Early Education Partnership Programme or PEEP); and a new initiative of two ante-natal support courses led by volunteers.

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Criss-Cross (continued)

Participants have testified to the impact of the support they receive:

“It was a group where you felt you could talk freely. No judgement only support. Felt I was with people who understood what I was going through.” - Bereavement support group participant feedback

“I enjoyed meeting new people as first time parents and it was good to talk about expectations and new topics.” Ante-natal support group participant

“This place is one in a million, it’s really good what you do here.”

“There’s nothing I would change about this group – you think of so many good ideas.” - Madoch Meet-Up participants

“We enjoy the soup, the company, the chit chat and meeting different people.” - Souper Seniors participant.

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Criss-Cross (continued)

The Centre is accessible to those in wheelchairs, and we have equipment such as hoists and a changing table suitable for adults. We have successfully integrated adults with a range of support needs into activities.

The Madoch Centre Community Transport service continued to provide lifts to medical appointments or to support groups at the Centre for the most vulnerable in our community. With 25 new passenger registrations in 2025, passenger lifts have increased and the average number of journeys per month increased to 96. Our transport coordinator and a volunteer were able to provide in-house MIDAS Passenger Assistance Training for 7 drivers and assistants. Four new volunteer drivers joined the service in 2025. The drivers are an asset to the Centre’s services and provide more than just driving with the care and attention they give to passengers. In September 2025, a ‘Race Around Scotland’ fundraiser generated in excess of £11,000 for the programme, while social media coverage also raised awareness of this vital service.

“Thank you for my lift – the driver was lovely!!” – Passenger feedback

The Madoch Centre is continuing to fulfil its original vision to: encourage people to become more active, to deepen community, to increase inclusion and to provide space for spiritual reflection. We are seen to be at the ‘heart of the community’.

“The Madoch Centre has been great for me…moving into a new area…I think it is just like a big family – there is always someone to smile and say hello.” - SMASH and social group participant feedback

“None of us can think of anything that could make this place better. We love it here, there is something for all ages. Maybe we don’t congratulate you enough.” - SMASH and social group participant feedback

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Grant Funding

We are grateful to the following funders have also generously supported our projects:

Arnold Clark Community Fund Benefact Trust Strathmore Youth Alliance Fund Gannochy Trust Gannochy Youth Panel Garfield-Weston NHS Health Foundation PKAVS – Community Mental Health Welfare Fund Perth & Kinross Council (PKC) – Food Insecurity Holiday Fund (FIHP) PKC - Green Living Fund PKC – Community Transport Fund PKC Warm Welcome Fund Energy Saving Trust Presbytery of Perth Mission Fund Scottish Government Network Support Grant Church of Scotland Seeds for Growth Fund Tesco Stronger Starts The National Lottery Community Fund

Financial Review

Overall funds increased by £62,795 during 2025 driven largely by a net movement in restricted funds of £82,464. The total funds of the charity as at 31 December 2025 were £492,922 (2024: £430,127) with bank and cash balances at £301,364 (2024: £252,991).

General unrestricted income at £102,650 is £15,086 higher than 2024 largely due to increased donations, and unrestricted expenditure on Charitable activities at £122,319 is £22,501 higher than 2024, largely as a result of an increased Giving to Grow contribution to Church of Scotland as we are now fully covering the cost of our Minister.

In 2025, restricted funds increased by £82,464 mainly as a result of grant funding receipts for the purchase of a new vehicle which will be expensed through the depreciation line over the next 7 years to comply with the depreciation policy for the charity.

Reserves Policy

It is the Trustees’ policy to hold reserves of approximately six months’ unrestricted expenditure, which equates to £61,160. As at 31 December 2025, the charity held £172,159 (2024: £170,627) in general free reserves which is above target levels.

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Trustees’ responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in Scotland requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing the financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charity Accounts (Scotland) Regulations 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the Trustees and signed on their behalf by:

Name: Mr Euan Clipston, Trustee and Session Clerk

Date: 25 March 2026

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ST MADOES AND KINFAUNS CHURCH OF SCOTLAND FOR THE YEAR ENDED 31 DECEMBER 2025

I report on the accounts of the charity for the year ended 31 December 2025, which are set out on pages 14 to 25.

Respective responsibilities of trustees and examiner

The charity trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.

The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning 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 accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in any material respects the requirements:

  2. to keep accounting records in accordance with Section 44 (1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and

  3. to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or

  4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Claire Dalrymple FCCA Wbg Services LLP 168 Bath Street Glasgow G2 4TP

Date: 25 March 2026

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 DECEMBER 2025

(Including an Income and Expenditure account)

Note
Income and endowments from:
Donations and legacies
4
Other trading activities
5
Investments
6
Other incoming resources
7
Total Income
Expenditure on:
Charitable activities
8
Total Expenditure
Net (expenditure)/income
Transfers between funds
Net movement in funds
Funds reconciliation
Total Funds brought forward
15
Total Funds carried forward
15		 Unrestricted
Funds
2025
Restricted
Funds
2025
Total Funds
2025
Unrestricted
Funds
2024
Restricted
Funds
2024
Total Funds
2024
£
£
£
£
£
£
79,018
180,070
259,088
57,722
206,688
264,410
19,604
48,922
68,526
19,623
32,746
52,369
4,028
-
4,028
9,569
-
9,569
-
-
-
650
32,835
33,485
102,650
228,992
331,642
87,564
272,269
359,833
122,319
146,528
268,847
99,818
152,089
251,907
122,319
146,528
268,847
99,818
152,089
251,907
(19,669)
82,464
62,795
(12,254)
120,180
107,926
-
-
-
8,000
(8,000)
-
(19,669)
82,464
62,795
(4,254)
112,180
107,926
252,603
177,524
430,127
256,857
65,344
322,201
232,934
259,988
492,922
252,603
177,524
430,127

The Statement of Financial Activities includes all gains and losses recognised in the year.

All income and expenditure is derived from continuing activities.

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

BALANCE SHEET AS AT 31 DECEMBER 2025

Note
Fixed assets:
Tangible assets
12
Total fixed assets
Current assets:
Debtors
13
Cash at bank and in hand
Total current assets
Liabilities:
Creditors falling due within one year
14
Net current assets
Net assets
The funds of the charity:
Unrestricted Funds
15
Restricted Funds
15
Total charity funds		 Total Funds
2025
£
181,544
181,544
14,062
301,364
315,426
(4,048)
311,378
492,922
232,934
259,988
492,922		 Total Funds
2024
£
169,941
169,941
12,061
252,991
265,052
(4,866)
260,186
430,127
252,603
177,524
430,127

Approved by the trustees and signed on their behalf by:

Name: Mr Euan Clipston, Trustee and Session Clerk

Name: Mr Ian Wiggins, Trustee

Date: 25 March 2026

Date: 25 March 2026

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1. Accounting Policies

(a) Basis of preparation and assessment of going concern

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts for the year have been prepared on an accrual’s basis, the comparatives have been restated accordingly.

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with 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.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

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

The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

(b) Funds structure

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created funds for specific purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed, or through the terms of an appeal.

Further details of each fund are disclosed in note 15.

(c) Income recognition

Income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations, are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

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 by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. This is normally upon notification by our investment advisor of the dividend yield of the investment portfolio.

Income from government and other grants, whether ‘capital’ or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

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ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1. Accounting Policies (continued)

(c) Income recognition (continued)

Income received in advance of the provision of a specified service deferred until the criteria for income recognition are met.

(d) Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. All expenses including governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note I below.

(e) Allocation of Governance costs

Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to the independent examination.

Governance costs have been apportioned to the cost of charitable activities.

(f) Fixed asset investments

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Centre Equipment 7 Year Straight Line Motor Vehicles 7 Year Straight Line

(g) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

(h) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

(i) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

(j) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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Docusign Envelope ID: 7B4DA63F-1492-831E-820F-9DFC6F7E8DF3Docusign Envelope ID: 55AD278F-F8C6-8355-8222-11BD0D85BD99

ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1. Accounting Policies (continued)

(k) Employee Benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits

(l) 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, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The trustees are satisfied that the accounting policies are appropriate and applied consistently. Key sources of estimation have been applied as follows;

Estimate
Depreciation of fixed assets		 Basis of estimation
Fixed assets are depreciated and amortised over the useful
life of the asset. The useful lives of fixed assets are based on
the knowledge of the operations team, with reference to
assets expected life cycle.

(m) Taxation

The association is a charity within the meaning of Section 467 of the Corporation Tax Act 2010. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 of Part 11 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied for charitable purposes only.

2. Legal status of the Charity

The charity is a registered Scottish charity.

18

Docusign Envelope ID: 7B4DA63F-1492-831E-820F-9DFC6F7E8DF3Docusign Envelope ID: 55AD278F-F8C6-8355-8222-11BD0D85BD99

ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

3. Related party transactions and trustees’ expenses and remuneration

During the year no trustee had any personal interest in any contract or transaction entered into by the charity other than the below (2024: none).

The following amounts were paid to or on behalf of the minister:

Travel £480 (2024: £1,843) Council Tax £3,335 (2024: £3,064) Telephone £265 (2024: £610)

The full salary costs, including employer pension and employer National Insurance contributions for Anthea Bircham (wife of Marc Bircham) were £36,607 (2024: £33,135).

The following amounts (> £100) were paid to relatives of trustees during the year:

Ruth Clipston (wife of Euan Clipston) - for playing in the music group £1,160 (2024: £520)
Lily Bircham (daughter of Marc Bircham) - various work £133 (2024: £ Nil)
Rachel Tomb (daughter of Peter Tomb) - volunteer expenses £335 (2024: £435)
Sam Wiggins (son of Ian and Shona Wiggins) - volunteer expenses £Nil (2024: £210)
Irene Lawrie (wife of Douglas Lawrie) – volunteer expenses £Nil (2024: £225)

Lynsey Paterson (Pulpit Supply), a trustee, received no remuneration during the year (2024: £100).

Susan Grainger was also a Director of Cafe Connect @ the Madoch Centre during the year.

4. Income from donations and legacies

Donations and legacies
Grant income		 2025
2024
£
£
86,642
57,722
172,446
206,688
259,088
264,410

5. Income from other trading activities

Fundraising
Sports club membership income
Room hire		 2025
2024
£
£
12,199
3,224
37,375
32,746
18,952
16,399
68,526
52,369

6. Income from investments

Bank interest
Investment income		 2025
2024
£
£
4,028
5,015
-
4,554
4,028
9,569

19

Docusign Envelope ID: 7B4DA63F-1492-831E-820F-9DFC6F7E8DF3Docusign Envelope ID: 55AD278F-F8C6-8355-8222-11BD0D85BD99

ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

7. Income from other incoming resources

Insurance reclaim
. Expenditure on charitable activities
General operational expenditure
Madoch Centre staff salaries
Giving to Grow – paid to Church of Scotland
Presbytery dues
Ministers expenses
Madoch Centre telephone
Organist / pulpit supply
Cleaning and maintenance
Council tax
Water
Heating and lighting
Insurance
Stationery expenses
Other expenses
Sunday school /holiday club
Manse repairs
Church repairs
Parish nursing
Equipment
Volunteer expenses
Events and publicity
Fuel
Catering
Vehicle repairs
Accountancy
Training
Office supplies
Governance costs
Expenditure on charitable activities
General operational expenditure (as per above)
Depreciation
Loss on disposal of assets		 2025
2024
£
£
-
33,485
-
33,485
2025 Total
2024 Total
£
£
95,169
70,530
43,391
23,727
1,302
1,349
745
2,453
1,274
1,064
2,920
3,256
7,804
8,483
3,335
3,064
4,463
4,364
7,083
9,631
6,197
4,890
1,136
1,097
6,184
6,971
-
432
4,417
2,228
9,934
11,902
750
1,140
2,819
7,804
1,936
1,558
1,914
2,409
674
1,460
18,939
14,304
1,870
2,147
432
-
2,913
3,716
2,384
373
2,010
2,388
231,995
192,740
231,995
192,740
36,852
30,674
-
28,493
268,847
251,907

8. Expenditure on charitable activities

20

Docusign Envelope ID: 7B4DA63F-1492-831E-820F-9DFC6F7E8DF3Docusign Envelope ID: 55AD278F-F8C6-8355-8222-11BD0D85BD99

ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

9. Allocation of governance costs

Governance costs: 2025 2024
£ £
Independent examiner’s remuneration’ 2,010 2,388
2,010 2,388
10. Analysis of staff costs and remuneration of key management personnel
2025 2024
£ £
Salaries and wages 95,169 70,530
Total staff costs 95,169 70,530
2025 2024
£ £
Key management personnel remuneration 36,607 33,135
No employees had employee benefits in excess of £60,000 (2024: £Nil).
2025 2024
£ £
The average number of persons, by headcount, employed by the
charity during the year was: 5 4
11. Net income/(expenditure) for the year
This is stated after charging: 2025 2024
£ £
Independent examiner’s remuneration’ 2,010 2,388
Depreciation 36,852 30,674
Loss on disposal of assets - 28,493

21

Docusign Envelope ID: 7B4DA63F-1492-831E-820F-9DFC6F7E8DF3Docusign Envelope ID: 55AD278F-F8C6-8355-8222-11BD0D85BD99

ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

12. Tangible fixed assets

Cost
Balance at 1 January 2025
Additions
Disposals
As at 31 December 2025
Depreciation
Balance at 1 January 2025
Charge for year
On disposals
As at 31 December 2025
Net book value
As at 31 December 2025
As at 31 December 2024		 Centre
Equipment
£
Church
Silver
£
Motor
Vehicles
£
Motor Vehicles
(Restricted)
£
Total
£
159,997
11,021
25,129
97,443
293,590
-
-
-
48,455
48,455
-
-
-
-
-
159,997
11,021
25,129
145,898
342,045
96,221
-
17,950
9,478
123,649
17,611
-
3,590
15,651
36,852
-
-
-
-
-
113,832
-
21,540
25,129
160,501
46,165
11,021
3,589
120,769
181,544
63,776
11,021
7,179
87,965
169,941

13. Debtors

Trade debtors
Accrued income		 2025
£
2024
£
218
385
13,844
11,676
14,062
12,061

14. Creditors: amounts falling due within one year

Trade creditors
Accruals		 2025
£
2024
£
451
-
3,597
4,866
4,048
4,866

22

Docusign Envelope ID: 7B4DA63F-1492-831E-820F-9DFC6F7E8DF3Docusign Envelope ID: 55AD278F-F8C6-8355-8222-11BD0D85BD99

ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

15. Analysis of charitable funds

2025
Analysis of
Fund movements
Unrestricted funds
Fixed assets
Total designated funds
General funds
Total unrestricted funds
Restricted funds
Madoch Centre Staff
Salaries
Criss Cross
Criss Cross Electric
Vehicle 1
Criss Cross Electric
Vehicle 2
Criss Cross Electric
Community Van
Criss Cross – Transport
Fabric Fund
St Madoes Active Sports
Hub
Total restricted funds
TOTAL FUNDS		 Funds
b/fwd
£
Income
£
Expenditure
£
Transfers
£
Funds
c/fwd
£
81,976
-
(21,201)
-
60,775
81,976
-
(21,201)
-
60,775
170,627
102,650
(101,118)
-
172,159
252,603
102,650
(122,319)
-
232,934
34,545
75,002
(53,402)
-
56,145
19,969
24,524
(25,452)
-
19,041
30,905
-
(3,857)
(5,836)
21,212
-
48,455
(1,731)
-
46,724
62,896
-
(10,063)
-
52,833
-
24,936
(9,225)
5,836
21,547
-
3,637
-
-
3,637
29,209
52,438
(42,798)
-
38,849
177,524
228,992
(146,528)
-
259,988
430,127
331,642
(268,847)
-
492,922

23

Docusign Envelope ID: 7B4DA63F-1492-831E-820F-9DFC6F7E8DF3Docusign Envelope ID: 55AD278F-F8C6-8355-8222-11BD0D85BD99

ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

15. Analysis of charitable funds (continued)

2024
Analysis of
Fund movements
Endowment funds
Murray Flower Bequest
WM Clark Bequest
Total endowment funds
Unrestricted funds
Fixed assets
Total designated funds
General funds
Total unrestricted funds
Restricted funds
Madoch Centre Staff
Salaries
Criss Cross
Criss Cross Vehicle
Criss Cross Electric
Vehicle
Criss Cross Electric
Community Van
St Madoes Active Sports
Hub
Total restricted funds
TOTAL FUNDS		 Funds
b/fwd
£
Income
£
Expenditure
£
Transfers
£
Funds
c/fwd
£
172
-
(172)
-
-
361
-
(361)
-
-
533
-
(533)
-
-
102,475
-
(21,196)
697
81,976
102,475
-
(21,196)
697
81,976
153,849
87,564
(78,089)
7,303
170,627
256,857
87,564
(99,818)
8,000
252,603
20,211
54,338
(40,004)
-
34,545
36,810
32,846
(41,687)
(8,000)
19,969
-
33,690
(33,690)
-
-
-
32,835
(1,930)
-
30,905
-
70,444
(7,548)
-
62,896
8,323
48,116
(27,230)
-
29,209
65,344
272,269
(152,089)
(8,000)
177,524
322,201
359,833
(251,907)
-
430,127

a) Purposes of Endowment Funds:

Income from the Murray Fund was used to buy flowers for the Church and was fully utilised in 2024.

The Clark Bequest was used to purchase Bibles, Hymn Books and Worship Materials and was fully utilised in 2024.

b) Purpose of Unrestricted Funds:

Fixed assets are the amount of the charity’s funds tied up in fixed assets. General funds are available to be spent for any of the purposes of the charity.

c) Purposes of Restricted Funds:

Madoch Centre Staff Salaries: to pay for employees (grant funded).

Criss Cross: to combat social isolation amongst residents (particularly vulnerable groups). Criss Cross Vehicle: represents a fixed asset with ongoing restrictions that was disposed of during 2024.

Criss Cross Electric Vehicle 1: represents a fixed asset with ongoing restrictions. Criss Cross Electric Vehicle 2: represents a fixed asset with ongoing restrictions.

Criss Cross Electric Community Van: represents a fixed asset with ongoing restrictions.

Criss Cross – Transport: to support people in the Carse of Gowrie needing transport to hospital, GP and other appointments.

Fabric Fund: funds help specifically to cover purchases or repairs for the Church or Manse.

24

Docusign Envelope ID: 7B4DA63F-1492-831E-820F-9DFC6F7E8DF3Docusign Envelope ID: 55AD278F-F8C6-8355-8222-11BD0D85BD99

ST MADOES AND KINFAUNS CHURCH OF SCOTLAND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

15. Analysis of charitable funds (continued)

St Madoes Active Sports Hub: to increase sports participation and physical activity in the community.

16. Net assets over funds

Tangible assets
Debtors
Bank & Cash
Current liabilities
Tangible assets
Debtors
Bank & Cash
Current liabilities		 Unrestricted
Funds
£
60,775
14,062
161,701
(3,604)
232,934
Unrestricted
Funds
£
81,976
12,061
163,099
(4,533)
252,603		 Restricted
Funds
£
120,769
-
139,663
(444)
259,988
Restricted
Funds
£
87,965
-
89,892
(333)
177,524		 Total
2025
£
181,544
14,062
301,364
(4,048)
492,922
Total
2024
£
169,941
12,061
252,991
(4,866)
430,127

17. Minister’s stipend

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 5th and subsequent years of service £39,856.

18. Investments

Funds held on behalf of the Congregation by Church of Scotland General Trustees and are not controlled by St Madoes and Kinfauns Church of Scotland therefore not reported on the balance sheet.

Consolidated stipend fund 2025
2024
£
£
592,848
557,233
592,848
557,233

25