The Church of Scotland Culross & Torryburn Parish Church SC 015149 RECEIIYS AND PAYMENTS ACCOUNTS ST YEAR TO 31 DECEMBER 2025 Congregation No: 241482 Charity No: SC 015149
Culross & Torryburn Parish Church- SC015149 Year ended 31" December, 2025 Reference and Adminlstratlve Inforn)atlon Charity Name: Culross & Torryburn Parish Church Charity Registration Number= SC015149 Congregation Reference No: 241482 Contsct Address: Miss C Dodds Victoria Cottage. 14 Low Causeway, Torrybum. Dunfermline. Fife. KY12 8LP Trustees who served at any time during the year up to the date of signing the Accounts were, as follows=_ B. Hunter. J. Laird; R. Nelson; C. Dodds; H. Aze; M. Dow NOnMIln£ Élders: M. Dalgleish. E. Geyer- A. Macdonald. C. Hunter; P McKeeman: R. We5twater Prlndpal Offlce-bearers: Minister- Post vacant. Interim Moderator: Mrs. M. Dow Session Clerk= A. Muirhead. Church Treasurer-. Mis5 C. Dodds. Gift Aid Convener- Post vacant. Interim Gift Aid Convener Miss C. Dodds. Property Convener: J. Laird. Independent Examlner: Stuart Kerr, 25 Penrice Park. Lundin Links, Fife, KY8 6DZ Bankers: The Royal Bank of Scotland. Dunfermline Branch, 52-54 East Por¢ Dunfermline, KY12 7HB
Culross & Torryburn Parish Church- SC015149 Year ended 31" December, 2025 TRusfEES' REPORT STRucfuRE, GOVERNANCE & MANAGEMENT Governlng document The Church is administered in CordanCe with the Deed of Constitution Unitary Form. Reuultment and Appolntments of Tiustees Members of the Kirk Session are the charity Trustees. The Kirk Session members are the elders of the church and are chosen from those member5 of the church who are considered to have the appropriate gifts and skills and commitrnent to contribute to manage the affairs of the churth. The minister, who is a member of the Kirk Se55ion. is elected by the congregation and inducted by Presbytery. Organlsatlonal Structure The Kirk Session. which meets nine times a year, and as required, is responsible for the spiritual and financial affairs of the church. Certain responsibilities were dele8ated tothe Property Committee and Finance Group. Objectlves and Actlvliles The Church of Scotland is Trinitarian in doctrine, Refom)ed in tradition and Presbyterian in polity. It exists to glorify God and to work for the advancement of Chrisys 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. 5t cwperates with other Churches in various ecumenical bodies in Scotland and beyond. Artl¥ltles, Achlevements and Perforniance Woishlp Servlces: Worship Services are held weekly on Sundays- 09.45 at Valleyfield Community Centre, followed by 11.00 at Culross Abbey. Refreshments and fellowship follow the High Valleyfield Church Community Centre services. Joint Holy Communion Services were held on four wcasions at High Valleyfield. During Holy Week we attended evening services in the different Cluster Churches. In 2025 we joined with other churches in the Cluster on a few ttcasions for joint Sunday worship. As part of this, a very well attended service was hosted by us at Culross Abbey We were invited to join Limekilns Church for their celebration of 200 years in the church building The Rt Rev Rosie Frew. Moderator of the Church of Scotland, preached on that special occasion. We led the Remembrance Service at the Culross War Memorial at 11.00 and the Service, Remembrance and laying of wreaths at the village War Memorial at High Valleyfield Club in the afternoon. At Christmas, we attended a Candle Service for the bereaved at Tulliallan & Kincardine Church. Our annual Watchnight Service on 24, December at 11.30pm was held in Culr05s Abbey. Members of the congregation and community participated in this Service. Baptlsms, Funerals and Marrlazes- During 2025 there were-2 Wedding5. and 5 Funerals
Culross & Torryburn Parish Church- SC015149 Year ended 31" December. 2025 TRusfEES REPORT (continued) Actlvltles, Achlevements and Perfrffmance (conilnued) Hlgh Valleyfield thurth Café- The Café is open on Tuesday mornings: 10.(M)- 11.30, and is now held in Valleyfiel(I Community Centre tea and coffee, scones and biscuits are served. Members of the community and congregation meet and enjoy a time together each week. Harvest Home Meal wlth Entertalnment- This annual event took place in Oakley Church, organised jointly by Carnock & Oakley Parish Church and ourselves. Inwtations were sent to all the Cluster Churches and there was a fair representstion at this very enjoyable event. After a lovely meal, vth lots of catching up around the table5, a Scottish Country Dance Group entertained, providing opportunitiesfor listeningto the rousing music and for dancing. It was a very enjoyable event. bringing together the different congregations in the Cluster. West Flfe Vlllages Cluster - We are part of this Cluster. along with Saline & Blairingone, Carnock & Oakley, Limekilns with Cairneyhill and Tulliallan & Kincardine originally with the hope of foming a Union of the six churches. However, during 2025, Saline & Blairingcybe. C4rnock & Oakley and Tulliallan & Kincardine agreed to form a Union of their three churches. The Union, West Fife Trinity Church of Scotland, became effective on I" January. 2026. Meanwhile, Limekilns, Cairneyhill and Culross & Torryburn are in discussions about forming a Union, with the agreed name of West Fife St Mun80's Church of Scotland. No decision regarding a Union can tske place until Culross Abbey is sold. Property - Culross Abbey - Sunday Worship is held Week at 11.00. The Presbytery li5ting5 for churches in Fife, show Culross Abbey as 'B' listed, which means 'to close, let or otherwise be disposed of by the end of 2027,. In August the Abbey was advertised for sale on the open market. The closing date was 2T September and several offers were submitted and one accepted. This offer did not finalise though because of the high cost of insuring the building. We are Currently in communication with other interested partie5 who submitted offers. Hlghvalleyfield Churth- Weekly Sunday Worship at 09.45 now tskes place at Valleyfield Community Centre. The Kirk Session had to take the difficult decision to close High Valleyfield Church building in 2025. It was deemed unfit for purpose with several major health and safety issues. The last Service was held there on Easter Sunday. The Services and activities have been moved to Valleyfield Community Centre where we have been made most welcome. Presbytery has given the High Valleyfield Church a 'B' listing means that'it should remain open meantime,. With this in mind, plans were put in place sometime ago to rebuild the rear of the building and upgrade it to a satisfactory stsndard. Now, the final decision on this will be made by the new Union Kirk Session in conjunction with Presbytery once Culross Abbey Is sold and. that is. assuming a Union does tske place. Mission Together - This group has been formed within the Cluster to promote mission activities in the Cluster. They have a number of initiatives being considered. One already in pla is to hold Lego Club5 for primary age children within all parts of the Cluster. So far, two sessions have taken place in the Culross &Torryburn Parish, atvalleyfield Communitycentre, and were well received by the children vtho attended.
Culross & Torryburn Parish Church- SC015149 Year ended 31" December, 2025 TRusfEEY REPORT (contlnued) Artlvltles, Achlevements and Perfrmance Icontlnuedl Fundralslng Special offerings were uplifted for Christian Aid in May and £701 vS sentto thatAppeal The Remembrance Day retiral offerings in aid of ERSKINE amounted to £170. including donations received at the Remembrance Service in Valleyfield Community Club. Summary/Future- Again we say, we continue to be In challenglng times. We continualty seek God's grace and guidance and future plans for us. Wethank all who have supported us throughout the year. We especially thank Sandy Muirhead. Reader and Session Clerk, who has led most of our services in 2025. We also thank Mrs. Margaret Dow our Interim Moderator ft>r her sUPPOrt.
Ctstross &Torrybum Parlsh Churth- SC015149 Year efided 31 December 2025 TRUSfEES' REPORT (continued) FINANCIAL REVIEW Principal source of donated income is weekly offerings- 0.03 % decrease. Change in numbers of Gift Aid donors intreased by O Changes in giving by Standing Order increased by I The income and expenditure on the individual funds are ststed in Note I to the Accounts. Re5er¥e5 Pollcy The Church held unrestricted and designated fijnds and no endowment funds at the end of the year. In addition, it has fabric fund capital held on its behalf by the Church of Scotland with a market value of £514.040 and fabrit fund revenue £2,123. It is the Trustees, policy to hold sufficient reserves of at least approximately six months, expenditure including investments at Market Value. Atthe year end the Church held unrestricted and designated funds of £40,173 and £2,826 in Restricted Funds, the purposes being shown in Note l. On Il, December. 2025. the Growth Fund Investments were sold and detsils of this are shown in Appendix B. Statement of Trustees. Responslbllltles The members of the Kirk Session must prepare financial ststements which give Sufflent detsil to enable an appreciation of the transactions of the Church during the financial year. The members of the Kirk Session are responsible for keeping proper accounting records which. on request. must refiectthe financial position of the Church at that time. This must be done to ensure that the financial statements comply with the Charitie5 and Trustee Investment (Scotlandl Act 2005. the Charities Accounts {Scotlandl Regulations 2CM)6 and the Regulations Anent Congregational Finance approved by the General Assembly of the Church of Scotland in 2007. Theyare also responsible for safeguarding the assets of the Church and musttske reasonable steps for the prevention and/or detection of fraud and other irregularities. Approved and slgned on behalf of the Trustees: Dated: ....10 .
Iross&Torryburn Par15h Churth- SC015149 Yearended 31 December 2025 INDEPENDENT EXAMINER'S REPORT Independent Examlnerfs Report to the Trustees ol Culross & TorrW*urn Parfsh Church I report on the accounts of the chartty for the year ended 31 December 2025 which are set out on pages 7 to Respecilve resp¢bIlItIeS of Trustees and Examlner The charitvs trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotlandl Act 2CK151"the 2CM)5 ACVI and the Charities Accounts Iscotlandl Regulations 2CNJ6 las amended) 1.the 2006 Regulations). The charity Trustees consider that the audit requirement of Regulation 10{11 Idl of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 4411) Icl of the 2005 Art and to state whether particular matter5 have come to my attention. Ba515 of Independent examlnerfs ststement My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotlandl Regulations 2CQ6. An examination includes a review of the attounting 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 bv the accounts. Independent examlnerfs ststement In the course of my examination, no matter has come to my attention (other than disclosed below'] which gives me reasonable cause to believe that in any material respect the requirernents: to keep accounting records in accordance with Section 44111 lal of the 2005 Act and Regulation 4 of the 2LM)6 Accounts Regulations. and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 21x16 Accounts Regulations have not been met. or to vthich, in my opinion. attention should be drawn in order to enable a proper understanding of the aceounts to be reached. Stuart Kerr Independent Examiner 25 Penrice Park, Lundin Links, Fife, KY8 6DZ
Culross &Torryburn Parlsh (thurth-sc015149 Ye¥1 ended 31 December 2025 RECEIP AND PAYMENTS ACC Funds 2025 Funds 2025 Totsl 2025 Totsl 2024 Note Donations Legacies Activities for Generatin8 Funds Bank & Dewsit interest Investment income 17,372 17.372 17.987 6,723 112 369 25.576 6.723 112 369 370 25,705 25576 Sale of investments Receipts from General Trustees Other Receipts Totsl Recel AP2 16,885 34,063 1,112 I63 18.748 34,063 1.112 79,499 17.217 42,922 Pa ments Costs of generating funds Charitsble activities Govern?n¢e costs -1,928 -56.262 -1,928 -56,262 1.130 51,163 ments -58.190 -58,190 52,293 19,446 IA63 21.309 -9.371 Gross transfers betsveen funds- In Gross transfers between funds- out 10.662 10,662 -10,662 -10.662 30.108 -8.799 21.309 -9,371
Culross & Torryburn Parlsh Churth-SCOI5149 Yearended 31 December 2025 STATEMENT F BAiAN Unrestrkted Funds 2025 Funds 2025 Total 2025 2024 Bank & Oe 051t B I Bank & deposit balances blforward Movement In year: Exc•ss of Receipts over Payments for year 16.702 4.988 21.690 31,061 19,446 36.148 761 1.863 6.851 6.637 21.309 42,999 7,398 -7,398 JJ.371 21,690 7398 Investments blforward Salè of Invèstrnents Transfer of Funds -7398 10,662 40.173 -10,662 ZJ26 42999 29J>88 Assets Gift Aid Re1¥•blo 500 Uabllttle$ Historic Ministries and Mi55ion IGeneral Trustèes agr*d to this belng paSd from sale proceeds of Culross Abbeyl 22J35 22535 The Accounts were approved by the Klrk Sesslon on........................... For and on behalf of the Kirk Session 5esslon Cle Treasurer
Iross & Torryburn Par15h Church-SC015149 Yearended 31 December 2025 2. Movements In Funds Atljan 2025 Recelpts At 31 Dec 2025 Payments Transfers Unrestrkted fvnds Fabric Fund Reserves Fund Bequest Fund High Valleyfield Iproiect Fund 2 Sandy Dunn Memorlal Fund reorganlsed Churches for All Fund reorganised Donations Fund reorganised General Account 189 401 2.367 2.367 189 401 i.ocM) 2.282 2.282 6.906 17,281 1200 12CQ 274 274 25.745 -4260 4.260 10,377 20.935 59.633 -54823 Totsl Unrestrfcted Funds Deduct.. Investments encashed 2025 17463 -7398 10065 77.636 77.636 58,190 10,662 47,571 7,398 10.662 40,173 Restrlrted fund$ Flower Funds san Dunn Memorlal Fund Restricted Donations Fund Churches for Al Fund High Vèlleyfield Project Fund Total Reslrfc Funds 963 6.906 274 1.2CK) 2,282 11,625 IA63 226 6.906 274 1.2Lh) 2.282 10,662 2.826 Totsl Funds 21,6 79,499 58,190 Purposes of Unrestrfcted funds Reserves Fund. The Trustee5 have set aside a small reserve fund (linked to Fabrrcl to Ee held locally in order to meet small general repairs requiring emeYgen¢y or immediate repairs. Fabrfc Fund The Trustees set aside funds forthe upkeep and rnaintenarKe of our churches Bequest Fund. The legacy from Andrew Dalglesh £l,OC4J for Culross Abbey was dlsbursed in 2025. A new legacy from Mrs. Monaghan £1.0 was grdtefully recelved in 2025. H*h Valleyfteld Prolert 2. The Trustees have set up this Fund for the possitrAe rebuil(fir of Hlgh Valleyfield Church. Restrfcted Donatlons Fund In 2025, OSCR Fermitted reorgnlsation of this Fund to a Designated Fund Sandy Dunn Memorfal Fund In 2025. OSCR permitted OrganiSation of this Fund into a Designated Fund Churches for All Fund. To provide good access to buildings and enhance worship OSCR pemiitted a reorganisatlon of thls Restrfrted Funds into a Des¢gnated Fund in 2025. Flowe¢ Fund Funds set aside for memorial flowers. special occaslons and for the slck and bereaved. io
Cukoss &TOrn Parish thurch- SCOI5149 Year ended 31 Dember 2025 ANALYSIS OF RE£EIFIS Unrestricted Restricted Fd0Vmiell¢ Fund$ Funds Funds 202S 2025 2025 1,231 7,022 4.182 2.807 Tot41 2025 1.231 7.022 4.182 2,807 71Y) 1,250 180 Totsl 2024 1,645 9,027 3.896 2.092 280 l Donation8 WFO Scheme (tton Gjft Aid) Gtft Aid Donations Recovered on Gift Aid Do{tMS Ordllwy Offertn&s {Open Plate) Other Offerings. Donations etc Funeral donatM)nS 3rd Party donAtions 1,250 180 17 Aetivities generntin2 fynd8 Abb¢y Box Weddings Events 3,427 1.200 3.427 1.200 3.893 723 Receipts frnm GeneT*I Tru8tee8 17 17
Culr055 &Tcffjrn P•rfth Church- SC015149 Year ended 31 Detember 2025 ANALYSIS OF PAYMENTS Vnie5trkted Funds Restrlcted Funds Total 2025 Total 3. ANALYSIS OF PAYMENTS 2024 Costs of generntin8 funds Cost of generatingfunds Wedding expenses Totsl 1,628 1,628 300 1.928 710 420 L130 1,928 Charftsble Actl¥ltles Ministries and Mission to alc historic debt Givingto Grow 2025 Presbytery dues Ministry travel expenses Other staffing costs Pulpit supply Fabric maintenance and repairs Heat and light Insurance- churches Printing, stationery and POSta8e lo,0 23,753 23,753 11,347 549 229 3,481 7,029 324 2,211 324 2.211 5.088 4.150 4.150 5.654 11,799 1,425 5,654 11.799 4,014 11,294 249 249 Broadband- church offtce 326 326 476 Equipment- photocopier Life and Work expenses Choir and music expenses Miscellaneous DonatK)ns to Third Parties Totsl 42 20 42 20 1.888 210 42 532 566 179 51.163 210 56,262 GRAND TOTALS 58,19) 52,293 12
Culross&TorryburTr Parish Churth-SC015149 Yearended 31 t*cember 2025 4. Costs and Fees No costs were incurred for Investment Managerfs fees, Governance or the purchase of assets or Investments. No Trustee or person related to a Trustee had any personal interest in any contrart Entered into by the Charity during the year. 5. Mlnlster's Stlpend All Church of Scotland congregations contribute to the National stipend Fund which bears the cost of all Tninisters, stipends and employerfs contributions for national insurance, pension and housing and loan fund. Ministers, stipends are paid in accordance wFth 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 lin the fifth and subsequent years) £39.856. Stlpend Endowment Fund. Collecllons for Thlrd Partles 202 io 701 2024 52 515 DUnfermIir Foodbank- cash donation. Christian Aid ERSKINE Remembrance Day Missionary Partner {Mlss Catherine Nlcoll 170 13 127 22 716 13
Culross & T¢xryburn 1kn5h Churth-SC015149 Year ended 31 Deceml>er 2025 APPENDIX A CONSOLIDATED FABRIC FUND CAPITALACCOUNT Credlt balances held at31st December. at cost Marketvalue of balances ar 31st December REVENUEACCOUNT Credit balances at31st December TEMPORARY FUND RE CULROSS ABBEY Debit balance at 31st December 14
Culmss & Torryburn Partsh Churth-SC015149 Year ended 31 December 2025 APPENDIX B SALE OF GRowfH FUND IWESfMENT5 Sale of Growth Fund Units- 11.12.25 Units C08t V*lue Sale Value Surplus G¢neral Purposes (Unrestricted) General Purposes No. 2 (Unrestricted) Sandy Memorial Fund (Deswated) Fk)weT Fund (RestrKted) 189 761 1515 272 -276 486 -5.999 -637 -7398 1.295 5.212 10,378 1.019 4,728 4.379 226 52 15