2025-12-31-accounts

Dalserf Parish Church of Scotland FfNANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 CONGREGATION No: 171102 SCOTTISH CHARITY No: SC 016156

DALSERF PARISH CHURCH CONTENTS Page Trustees, Annual Report Report of the Independent Examiner Statement of Financial Activities Balance Sheet Not¢s to the Financial Statements 9-19 Appendix 20

Dalserf Parish Church Trustees, Annual Report Year ended 31 December 2025 Th¢ trustees present their annual report and fjnancial statements of the chaTity for th¢ year ended 31 Dec¢mb¢r 2025. Th¢ financi&l statsments have been prepared in accordance with the accounting policies set out in the not¢8 to the awounts and coinply wlth the General Assembly Regulations for Congr¢g&tional Finance, the Charities and Trustee Investtnent (Scotland) Act 2005. th¢ Charities Accounts (Scotland) Regulations 2006 (as amended) and A￿OUntIng and Rewrting by Chariti¢s: Ststem¢nt of R¢wmm¢nded Prdctice applicable to charities preparing th¢iT acwunts in accordance with th¢ Financial R¢porting Standard applicable in the UK and Republic of Ireland publish¢d on 16 July 2014. Objectlves and A¢tivities Th¢ Church of Scotland is Trinitsrian in doctrine, RefoLrned in tradition and Presbyterian in polity. It ¢xists to glorify God and to work for the &dvancemeDt 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 p¢opl¢ in ev¢ry paTish of Scotland throu￿ a territorlal ministry. It co-operates with other Churches in various ecum¢ni¢al bodies in Scotland and beyond. To implement the above objectives th¢ church organises and is responsible for the following ￿tivitIeS.. weekly da)time service of worship, occasional evening seLvices of worship, bi-weekly afternoon 8ervi¢¢s of worship. Sunday school. bible study group, th¢ guild, boys brigad¢, girls brigade, pray¢r m¢etin8s, ohoir, alpha Course, intsr church visitstion4 th¢ g&th¢rin8 and after whool clubs. Aehievements and Perforniance 2025 has provd to be & very buyy and vibrant year. Under the guidance of our locum, the Rev. Fiona Anderson, the coiigregation has been tran5forrrLed into a viable active unit with the introduction of new ideas to our services, to our outre￿h and mission work. To help with all these new concepts 2 new elders were ordained in May. The lociun's hiisband has undergone Presbytery training and often takes part in the Sunday service as well as standing tn at local church¢s. Many mpAnb¢rs pass the comnient that with Tom, Dalserfhas got'*wo for oThe" and we are very privileged to do so. Our work in the two local primary schools ￿ntInUeS with our partnership wlth the "Mad Ministry". This means that for many years no child has mov¢d from primary to secondary schools without a basic knowledge of the Christian Faith. Our monthly visits to the two local Care Homes ar¢ equ&lly popular with the residents and often revives in them long forgotten hymn5 and songs. Monthly, evening'songs of Praise" h&ve been introduced with surprising attendance from the neighlx)urhood. Equally, our "Pie, Pint and Parablc" held monthly in th¢ Ash8ill Bowling Club have been received well. Many non-members att¢nd and this hos proved very successful in'planting th¢ se¢d" of our Faith into outsiders. Our sm&ll Sunday Sohool is proving to be popular, both with the ¢hildren but oft¢n with iheiT respective mothers. Some of the children took part in our Nativity Performance which adds to their s¢lf-confid¢iioe in other aspects of their liv¢s. Th¢ Girls Brigade and th¢ Guild are all thriving .' £2,700 was raised by the guild at th¢ir annual Christma8 Fayre. As usual our "Saturday T¢as" w¢r¢ a great success with almost £8,000 being raised. Half of this money goes to various local charities and half to Dalserf chU￿h funds. We continuc to be fortunate in our sitU8tion on the Clydeside Tourist Route as many travellers prefer the pe￿ and quiet in Dalserf to the g¢ner81 hubbub and queues at the local garden centr¢s. The intr(Klu¢tion of "streamed" and recordd s¢rYic¢s has proved to be very popular with many Briti8h and foreign people regularly following us each week. The daily readings over December of Advent scriptur¢ proved particularly popular. Once again, the Church is ind¢btsd to all who go the "extra mile- to maintsin the many and v&ri¢d &spe¢ts of church life. Members a￿ encouraged to b￿0m¢ involved even in simple m¢nial tssks likc sweeping the floor or wa81iing the dishes. Dalserf Church's w>sition in the Clyd¢ Valley Cluster is still not d¢terniined. It seems extraordinary that by far the most succ¢ssfiJl church in the ar￿ should b¢ considered for closure. Kirkfieldbank and Crossford have fonnally united, and their minister has rctired. Dalserfs representatives will continue to put our strong cas¢ b¢fore the Implcmentation Committee. It is a very fluid situation and as no final decision will b¢ taken for ovcr & year, "anythin8 can happenl"

DalserfParisb Church Trusteesg Annual Report (Contd.) Year ended 31 December 2025 Finy4ncithl Revlew With the large inor¢as¢ in membership and attendan¢e durin8 2024125, the overall offerings have increased in 2025 by around 20/0. This will have a positive knock-on eff¢¢t in the refund through the Gift Aid Syst¢m. Despite not having a fulltime minist¢r for 10 years Dalserf has still paid th¢ Ministry and Mission (Giving to Grow) ¢ontributions tothllllig over £300,000 to the chU￿h of Scotland, despits r￿¢1VIng very little in return. In 2025 our possible Giving to Grow Contributions was set at £52,754, just abov¢ the sum required to cover the cost of a,￿IniSter of Word and Sacrament" Luckily DaIserf recekved a "transitional relief. of £10,302 and the ￿08S sum has been reduced to £42,452. It 18 important to note that Dals¢rfs level of income far exceeds the incomes of the two churches, Overtown and Crosrford/Kirkfieldbank with which Dalserffomis the Clyde Valley Clustsr. It is clear from five- or six-y¢ar financial statistics, that Dalserf is the fmancial powe￿oU5e of the Cluster, despite maintaining the largest buildings. D8lserf is oft¢n 3arcastic&lly spoken of as a "G8ther¢d Church" whereby its members are not locally bas¢d but travel some distsnce for each s¢rvi¢e. This indicates a level of commitments not seen e18ewhere. Our members are in attendance because they want to be ther¢. On¢ visiting miDiSter claiined that this was th¢ result of 'fth¢ veil between Heaven and Earth being very thin in D&ls¢rP. Th¢ closure of Dalserfwould lead to th¢ imm¢diats dispersion of the congregation to Lanark, CaTluk¢, Law, Larkhall etc., where most of the ¢on8re8ation aotu&lly live. The large regular offering income at Dalserf would be lost to the cluster with immediat¢ ¢ff¢¢t and th¢ Cluster as a whole would require "oentr81" financial assistanc¢. quite contrary to what was anticipated in the'Tlan" Investment income r¢m&ins buoyant with th¢ gr¢at¢r part of this being added to our reserves for future use. Fund- raising has I￿en cxceptional. Th¢ Saturday Teas, d¢spit¢ being run for fewer weekend4 raised almost £8,000. Half of this was d¢signal¢d for I￿￿1 Charities. The "Gift Day" raised a further £2,600, whilst the Guild brought in an amazit)g £2,800 in their Christmas Fayr¢. The "Giving to Grow. Contribution of £42,452 was made up of £3.752 endowments income, plus £600 Gleb¢ renL both paid dir¢¢t to Edinburgh, plus £2,436.50 overpaid in 2024> plus £35,663.50 from Da15erf in ten equal payments of £3.566.35. Total income for 2025 was £140,966 (2024.. £135,054), an increase of £5.912 on 2024. Total expenditure increased from £88,079 in 2024 to £94,997 in 2025. Costs continu¢ to be monitored closety, The resulting surplus for the year. prior to th¢ net gains (2024: gains) on investments, w&s £45.969 (2024.. £46.975). Investtnents recorded an incre&se in value of £52,342, following an increase in value of £54,864 in 2024. The overall surplus for the year was £98,311 (2024.. Surplu5 £101,839). Investment Policy and Performance Most of th¢ chur¢h's inv¢skn¢llts are inv¢sted in the Church of Scotland Growth Fund with a les8er amount in the Income Fund. It is hoped thal the inv¢stment o&pital will keep pace with inflation whilst providing the church with as high an income as possible. The income obtsin¢d (£20,000 approxiinately), mainly in the Stipend Fund, the MArion Watson Fund and the Jean McFarlane Fund is used to off$¢t the g¢ii¢ral expenses, as is £3,752 of Endowment income and th¢ Glebe rent of £600,

Dalserf Parish Church Trustees) Annual Report (Contd.) Year ended 31 December 2025 Rlsk Mallogement In some ways it is easi¢r to ¢riti¢ise the National church for all the upheaval Éhat has taken pla¢¢ over the1&8t two years regarding the formation of "Clusters- However, it is the ordinary church and its members who have had to bear the burd¢n of all the ill feelin& the dismay. the perceived unfairness and insensitivity of the whol¢ process. We w¢r¢ r¢minded receThtty in Life aKLd Work that the Trustees agreed that '*There a Chu￿h cim afford a minister they should be p¢rniitted to call one" So it is extremely galling to be repeatedly reminded th&t our futur¢ is in jeopardy when we are so f￿￿ncIallY sound. However, it is often "adversity" that spurs us on from th¢ "ststus quo" Under Rev. Allders0￿ Dalserf has been transfomied and is now one of the most succ¢ssful rural parishes in th¢ &rea. Dals¢rf will only fail if there 18 outside interference that d¢ni¢s reality. Th¢ proposed &lt¢rnativ¢s do not bellr critical analysis alld in the view of Dalserf Kirk ses8ion, are doomed to failw¢. The Clyd¢ Valley will become a Spiritual wilderness devoid of any Christian input. Nine s¢ttl¢m¢nls, Kirkfieldbank, Hazelbank. Crossford, Netherbuni Ashgill, Shawsburn, Gattion, Rosebank and DaIs￿r itself ar¢ to b¢ abandon¢d in the name of "Mission" Reserves Poli¢y It is the Trust¢es' policy to hold res¢rves in th¢ G¢neral Fund at the beginning of the y¢ar of aPPToximatsly five months expenditure, (£45,000) to allow for cash flow problenls during the 8ummer holiday period. At th¢ y¢ar ¢nd th¢ Church h¢ld unr¢strict¢d fimds of £767,885 (2024: £683272) of whioh £712.361 (2024.. £649,224) had been designatsd as shown in not¢ 13. The r¢maining balance of £55.524 (2024: £34.048) r¢pr¢s¢nts the balance in the General Fund. The Church also held £205,147 (2024.. £190,406) of endomrynent funds and £128.664 (2024.. £129,707) of restricted funds which have been provided for the purposes specified in not¢ 13. Stru¢tsre, Governgnce and MY4nagemellt The congregation is a registered charity, nwnber SC016156 and is administered in accordance with the tern)s of the Deed of Constitution (Unitary Fortn) and is subject to the Acts and Regulations of the General Assembly of the Church of Scotland. Members of the Kirk Session are the ¢h8rity trustees. The Kirk Session members are the elders of the church alld are ¢hosen from those members of the church who &r¢ considered to have the appropriate gifts and skills. The minister, who is a member of the Kirk Session. is eleoted by the con8r¢gation and inducted by Presbytery. As Dalserf Church does not hav¢ a Congr¢8ational Board, the Kirk Session ￿50 tak¢s responsibility for finance and fabric and all &8pects of church life. The Kirk Session m¢¢ts r¢gularly (8-12 times a year), or as required. and is responsible for SPiTitu&l affairs within the church. Church Committees comprise outreach and d¢v¢lopment, the youth group. the pastornl Care group, the safeguarding teom, th¢ fabric coinmittee and the finance team. Independent Examiner As amiounced in 2019. Stephen Bell of I A Stewart & Co, Chartered Accountsnl, New Lanark, is the independent examiner of the accounts for 2025 and subsequent yvdrs.

DAlserf Parish Church Trustees, Annllal Report (Contd.) Year ended 31 December 2025 Reference and Admlnistrative InformAtlon Trustees Mr H Brady Mrs J Pollok Mr H B A￿hibald Mrs L Brodie Mr E Budg¢ll MTS J Harvey Mrs E Lawson Mrs A Carson (ti112111012025) Mrs R Cla￿Son Mrs A McHolin Miss C Walker Mr W Harnilton Mrs J Gilchrist Rev. M Garr¢tt Mr T And¢rson Mr D Manson (titl 2111012025) MTS M B&illie Mr8 J Callander Mr W Kent E R¢ynolds Mrs H Scotland Mr T Forrest Mr H McGregor Mr J McPhee (till 2111012025) Principal offic￿bearerJ Minister. Locum Minister Interim Moderator S¢ssion Clerk.. Church Treasurer.. Deputy Treasurer.. Vawit Rev. Fiona Anderson Rev. Morag Garrett Mrs J Callander Mr FI B Archibald Mrs M Baillie Prinelpal Office Session Clerk 78 Brown1￿ Road. Law Carluk¢ ML8 5JD Tre4surer 7 Byretown Gardens Kirkfieldbank Lanark MLII 9NZ CharityNo.' SC016156 Independent Examiner Stephen C Bell l A Stewart & Co Ltd Charterd Ac¢ountants 'rhe Me¢hanics Workshop New lanark South tAnarkshire MLII 9DB Bankera Virgin Bank 43 Hamilton Road Motherwell North Lanarkshire MLI 3DD

DalserfParish Church Trustees, Annual Report (Contd.) Year ended 31 December 2025 Trustees, Respon8ibilitiu in Relv41ion to the Financial St#tements The charity trustees are responsible for preparing a trustees, annual report financial statements in accord&n¢¢ with applicable law and Unlted Kingdom Ac¢ounting Standards (Unit¢d Kingdom Generally Accepted A¢coullting Practice). The law applicable lo charities in S¢otland requires the charity trnstees to prepare financial statements for ¢acb year which show a tru¢ and fair view of die stats of affairs of the charty and of the incoming ￿s0￿C¢S and applic&tion of r¢sourc¢s of th¢ ¢h8rity for that p¢riod. In preparing the f￿ancial statement5, the tn￿teeS ar¢ requir¢d to: select suitable accounting poli¢i¢s and then apply th¢m ¢onsiSt¢ntly. observe the method and principles in the applicable Charities SORP. make judgements and estimates that are re&8onable and prndent. state whether applioabl¢ accounting standards and stat¢m¢nts of recommended practice have been followed, subj¢ot to any departures disclosed and explained in the financial statsments. prepare the financial statements on the going concern basis Lmless it is inappropriats to pr¢sutn¢ that the clwity will continu¢ in operational existence. Th¢ trust¢¢s are responsible for k¢eping prop¢r ￿counting ￿ordS which disclos¢ with reakollable accuracy at any time the financial position of the charity and to enttble them to ensure that the financial statements comply with the Charities and T￿￿tee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of the charty Lwd hence for taking reasonable steps for the prevention And ddection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the chArity and financial inforniation on the congttgation's w¢bsil¢. Legislation in tlie United Kingdom governing the preparation and dissemination of fJnan¢ial stat¢m¢nts may diff¢r from legislation in other juri8di¢tions. Approved by the TNstees and signed on their behalf, Mrs J Callander Session Clerk Date '.

DalserfParish Church Independent Examiner's Report to the Trustees of Dalserf Parish Church Year ended 31 December 2025 I rewjrt on the financial statements of the charity for the year ended 31 December 2025 which are s¢t out on pages 7 to 19. Respectlve respon8ibilitie4 of tru5tets And txaminer The charity's trustees are responsible for the preparation of the financial sthtsments ill accordance with the terms of the Charities Trustee Investment (Scotland) Act 2005 and the Charities Account8 (Scotland) Regulations 2006 (as amend¢d). The charity trustees consider that th¢ audit requirement of Regulation l O(l) (a) to (c) of the Accounts Regulations does not apply. It 18 my responsibility to examine th¢ financial statements required under section 44(1) (c) of the Act and to state whether particular matters have com¢ to my att¢ntion. Basis of independent examiner'8 Statement My ¢xamination is carried out accordance with Regulation I l of the Chariti¢s Awounts (Scotland) Regulations 2006 (as am¢nd¢d). An examinfAtion includes a review of the accounting reoords kept by the Charity a comparison of th¢ financial statements presented with those r¢¢ords. It also in¢ludes consideration of any unusual items or disclosu￿$ in the flnancial statements and seeks explanations from th¢ trust¢¢s concerning ally such matters. The procedures undertaken do not provide all the evidence that would be requir¢d in an audiL and consequently I do not ¢xpr¢ss an audlt opinion on the vi¢w given by the financial statements. Independent examiller's 8t4temenl Tn the oours¢ of my examination. no matter has come to my attention. which gives me reason&bl¢ cause to believe that in any matsrial respect the requirements: to k¢ep accounting T¢cords in accordance with Section 44(1) (a) of th¢ 2005 Act and Regulation 4 of th¢ 2006 Accounts Regulations (as amended), and to prepare fin￿claI statenlents which accord with the accounting records and comply with R¢gulation 8 of the 2006 Acoounts Regulations (as amended) hav¢ not be¢n met, or to which. in my opinion. attention Should b¢ drawn in order to ¢nabl¢ a prop¢r understanding of the fjnancial statements to be reached. Steph¢n C Bell Indep¢iid¢nt Examiner Member of th¢ Institut¢ of Chartered Accountants of Scotland I A Stewart & Co Ltd Chartered Accountants The Mechanics Workshop New Lanark Soutli tanarkshire MLII 9DB Date:

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DalserfParish Church Balance Sheet As at 31 December 2025 Note 2025 2024 Flxed Assets Tan¥ible Assets Investnlents 7229 737,984 4,144 685,642 Total F￿ed Assets 745.213 689,786 CurreDt knets D¢btors Bank C&sh in Hand 10 12,000 346,483 10,000 304,349 Total Current Assets 358.483 314,349 Llabilltit5 Creditors falling within one yeor 2,000 750 Net Current A￿ets 356,483 313,599 Net Assets 1,101,096 1,003,385 The Trknnds of the Charity Endowment fund5 205,147 190.406 Restrictsd intome funds 128.664 129.707 Urtrestrlcted Ineome funds 707,885 683272 Total Charfty Funds 13 1,101,696 1,003,385 The f￿ancIal statements w￿e approved by the t￿￿te¢S on and signed on their behalf by.. . Mrs J Callander, Session CleTk . H B Archibald, Tre&surer

Dalserf Parish Church Notes to the Financial Statements Year ended 31 December 2025 Accounting Policie4 The principal a¢counting policies. which have been applied consistently in th¢ curr¢nt and preceding y¢ar in dealing with items which ar¢ ¢onsidered material to the financial statements. are set out below. Basis of prep8Tatio The finanoi81 statements have been pr¢pared in accordance with Accounting and Reportin8 by Charities: Statement of R¢¢omm¢nded Practice applioabl¢ to Ch￿ltieS PTeparing their finanoi&l statements in accordance with the Financial R¢porting Standards applicable in th¢ UK and Republ1¢ of Ir¢land SORP (FRS102), the Charities and Trustee Investment (Scotland) Aot 2005 and the Charities accounts (S¢otland) Regulations 2006 (as amended). The charity meets th¢ definition of a public benefit entity in t¢nns of FRSIO2. Tbe financial stst¢m¢nts have been prepared on the historical cost basis, as modified by the revaluation of certain financial a&s¢ts measured at fair V￿lle tbrough incom¢ or ex￿ndItUre. Th¢ finan¢ial statements are prepared in st¢rling. which is the functional curr¢n¢y of the entity. Fund a¢counting Funds arc classifi¢d as oither restricted. endowment or unrestricted funds, defined ￿ follows: Restricted funds are funds subject to specific requirements as to their us¢ which may k declared by th¢ donor or wlth th¢iT authority or created through legal processes, but still within the wider objects of the charity. Endowment fiinds are funds which have bcen given on the condition th&t the original capital sum is not reduced, but the in¢ome therefrom is used for th¢ purpos¢ d¢fin¢d in &ccordaThce with the objects of th¢ charity. Unrestrictsd fjJnds are expendable at th¢ discretion of th¢ tTUStees in fi]rtheYance of the objects of the charity. If parts of th¢ unreslricted funds are ¢artnarked at th¢ discretion of th¢ trustees for a particular purpose, th¢y Are designated as a separate fund. This designation has an administrative purpose only and does not legally restri¢t th¢ t￿￿tees, discretion to apply the fund. Income Income is recognised when the charity has entitlement to the funds, any perfonnanc¢ ¢onditions attached to th¢ it¢m(s) of income have been meL it is probable that the income will b¢ rec¢iv¢d and the amount caD IK measured reliably. Expenditure Expenditure is recognised on an ac¢ruals basis as the liability is incurred. Donated servic&s gnd facilities Donated professional services and donated facilities are reeognised AS income when the charity has control over the item. any condition associated with the donated itejn has been meL the receipt of economlc benefit froin the use by the charity of the item is probable and that economic benefit can be measL￿ed reliably. In accordance with the Charities SORP (FRS102) th¢ general volunteer time of congregation members is not recognised. Int¢rest receivable Interest on funds h¢ld on deposit is included when receivable and the amount can be measured reliably by th¢ charity. this is nornially upon notifJe&tion of the intsrest paid OT pay&bl¢ by the Bank.

Dalserf Parish Church Notes to the Financial Statements (contd.) Year ended 31 December 2025 AcL'ounting Polici Tangible Fixed A98ets Th¢ charity has the right to occupy and use for its charit&bl¢ objects certain tangible fixed assets, including the church, halls. v¢st¢d in the Church of Scotland General Trust¢¢s. No collsiderntion 18 payabl¢ for the use of these assets. Expenditure incurred on the repair and maint¢nance of these assets is charged as resources ¢xp¢nded in the statement of financial activities in the period in which the liability arises. All tangible fixed ￿$¢tS ¢osting in excess of £1,000 having a value to th¢ charity greater than one year, other than thos¢ acquired for sp¢¢ifi¢ pwposes, are capitalised. Depreciation is provided oil a straight-lin¢ basis to write off the cost or initial value. less residual value, of tangible fixed assets over their estimated us¢ful Iiv¢5', Fixtur¢4 fittings attd equipment 10 years IDves(menl8 Fixed &8set inv¢stments are 8tat¢d at market value at the balance sh¢¢t dat¢. Unrealised gains and losses repres¢nt th¢ diff¢r¢n¢e betw¢en the market value at the beginning and elld of the fmancial year or, if purchased in the year, the diff¢r¢n¢¢ between cost and market value at the end of the year. Realised gains and losses represent the difference between the proceeds on disposal and th¢ market value at the start of the year or cost if purchased in the year. Taxlltion Dals¢rf Parish chU￿h is recognised &g a oharity for th¢ purposes of applicable t&xation legislation and is therefore not subj¢ct to taxation on its oharitabl¢ activities. The charity is not r¢gister¢d for VAT and ￿SOurc¢S expended therefore include irrecovcrabl¢ input VAT. Fingncial instruments The Church only enter5 illto basic fjnancial iDStrument transactions that result irL the recognition of financial assets and liabilities like gift aid receivablo, other debtors, Church of Scotland deposits, bank and cash and accruals. Gift aid receivabl¢ and other debtors are measured at the settlement arllount due. Accruals are recognised at the traiisa¢lion pri¢¢. Cash and cash equivalents include Church of Scotlalld deposits and bank and cash. Cash is represented by ¢ash in hand and dew>sits held with finan¢ial institutions repayable without penalty on notice of not mor¢ than 24 hours. Cash equivalents are higbly liquid inv¢stm¢nts that Matu￿ in no MO￿ than ttwee months from th¢ dat¢ of ￿quiSItion and that are reAdily Lonvertible to known amounts of ￿sh with insignificant risk orchange in valu¢.

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DalserfParish Church ]Yotes to the financial ststements (contd.) Year ended 31 December 2025 2025 21)24 Staff eosts and numbers Salaries and wages 12.651 12,555 There w¢r¢ no Nt contributions made on behalf of staff. The average number of employees during the year was as follows.. - 2025 Number 2024 Number Music Staff Premises M&intsnance No employee had ¢mploy¢e b¢n¢fits in excess of £50.000 (2024.. None) All Church of Scotland oongregations contribut¢ to the National Stip¢nd Fund which bears the cost 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, whlch is related to years of s¢ryi¢e. For the year under review, the minimum stipelld was £32,433 and the maximum stipend (after five years) was £39,856. 13

Dalserf Parish C,hurch Notes to the financial statements (contd.) Year ended 31 December 2025 Tallgible Fixed Assets Fixtllres & Fitting8 Totsl Cost At l January 2025 A(klitions 9,574 4.042 9.574 4.042 At 31 Dec¢mb¢r 2025 13,616 13.616 ¢¢umu￿ted Depreelthtlon At l January 2025 Charge for year 5,430 957 5,430 957 At 31 December 2025 6,387 6,387 Net Book Value At 31 D¢c¢mber 2025 7,229 7,229 At 31 December 2024 4.144 4.144 Fixtures & Flttlngs Total Cosl At l January 2024 Additions 9,574 9.574 At 31 D¢eember 2024 9,574 9,574 Aecumulated Depreclaifion At l January 2024 Charge for year 4.473 957 4,473 957 At 31 December 2024 5.430 5,430 Net Book Value At 31 December 2024 4,144 4,144 At 31 Detembcr 2023 5,101 5,101 All fixed assets (buildings) of Dalserf Church are vested with the General TNstees of the Church of Scotland, Edinburgh. Trustee remuneration and relydted party trADsa¢tionJ During th¢ y¢ar. thre¢ trustees received reimbursement of expenses incurred totaling £1.352 (2024: £847) one of whom receiv¢d £473 (2024.. £300), the second, received £251 (2024 £0) and the third being the IocuD], who r¢ceived £628 (2024.. £547). The Locum was paid a salary of £14,890 (2024: £14,306) from Dalserffunds but through the offices of the chU￿h of Scotland. Voluntary contributions r¢o¢ived during the year from trustees amount¢d to £19.604 (2024: £17.3 14) ¢x¢luding gift aid.

Dalserf Parish Church Notes to the Financial Statements (contd.) Year ended 31 December 2025 Illvestments 2025 2024 Market value at beginning of year IDvested in year Unrealised gain l (loss) on inv¢8tments 685,642 595,778 35,000 54.864 52,342 Market v￿u0 at end of y¢ar 737.984 685,642 Inv¢sbn¢nt at cost 472,780 472,780 The followiug illvestments are held.. The Church of Scotland Investors TNst Growth Fund Income Fund 102,974 units 2,592 units 708.461 29.523 656,974 28,668 737,984 685,642 10, Dcbtord Gift Aid refund due 12,000 10.000 11. Creditors Accruals 2.000 750 12. Anatysl8 of Net A35ets between funds General Designated Re5tri¢ted Endowment Tolal Fixed A55ets Inv¢stm¢nts Current Assets Curr¢nt Liabilities 541 585,106 126,714 6,688 25,208 96,768 7.229 737,984 358,483 (2,000} 127,670 77,477 57,524 (2,000) Net Assets Ydt 31 December 2025 S5￿24 712,361 128,664 205.147 1,101,696 General Designated Restricted EDdowmeDt Totsl Fixed Assets Investmenls Current Assets Current Liabilities 703 543,277 105.244 3,441 23,376 102,890 4,144 685,642 314.349 (750) 118,989 71,417 34,798 (750) Net assets at 31 December 2024 34,048 649224 129,707 190,406 1,003J85 15

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DalserfParish Church Notes to the Finaneial Statements (contd.) Year ended 31 December 2025 13. Movement of Funds (eonid.) Purpose of Endowwent Funds Income from the Marion Watson Fund is used for th¢ general maintenance of Dalserfchurch. Income from the Benevolent Fund is distributsd to suitable people at the suggestion of the minst¢r. Purpose of R￿trIcted Funds Miss Hamilton Fund - During 2013 the Parish of Dalserf received a Iwuest from the E8t&te of the late Miss Elspeth Hamilton. th¢ previous owner of D&lserf Estats. The mon¢y is not for church purposes, but will be admirlistsred by th¢ Kirk Session, just like the B¢nevolent Fun(L for tILe benefit of the soctally financially deprived tn¢mb¢rs of the community within the boundary of Dals¢rfParish. The Youth Fund is Specifi￿llY funded privately by sympathetio individu￿8 to pn)vide finance to Christian work wilh the youth and aged in the parish whether they be &%sociated with D￿scrfchur¢h or not. The Hamillon Hall Fund (previously the New Meeting Place Fund) is for tho building and maintenancc of H&milton Hall. The Dalserf R¢storation Fund has been set up as a restricted fund to gather monies for the repair of th¢ old kirk in Dal&erfvillage. Purpose of Designated Funds I'he Outreach Fund is to provide finance for rekwhing out to the community with the Christian me&sage in th¢ hope that it will produce a spiritual response in the hearts and minds of some men]bers of the parish and beyond. The Fabric Fund is given an allocation of money at the beginning of each year to cover the 8en¢Tal maint¢nanc¢ of chU￿h buildings. The Stipend Fund is invested to provide income each year to offset th¢ cost of the minister's salary. The Em¢rgency Fund is lo provide immediate funds for large repairs in exceptional circumstances, such as unexpecte41 boiler replacement. structural damage caused by high winds, etc, The Sunday School and Guild Fund5 are used for dev¢lopmenl of these activities r¢sp¢¢tiv¢ly witbin the body of the church, The Mrs Jean McFarlane Memorial Fund was created by a legaoy from the late Jean McFarlane (all ¢ld¢r) on h¢r d¢ath in 2017. The income from this fund will be used for church maintenance.

Dalserf Parish Church Notes to the Financial Statements (contd.) Year ended 31 December 2025 14. Volunteen In common with all ¢ongregations of th¢ Church of Scotland, the congre8ation b¢nefJts from tlie contribution mad¢ by volunteers who give their time and talents willingly for the benefit of the Church. The areas of congregational life which rely on the conts'ibution of volunteers are many and vari¢d and much of the activity would b¢ unable to continue w¢re it not for th¢ commitment shown. 15. Collections for Third P&rtie$ 2025 2024 Hamiltoll Chur¢h¢s Drop In Larkhall Foodbank Poppy Scotland IiAF B¢n¢volent Fund Girls Brigad¢ Boys Brigade Marie Curie DalserfPrimary Kilbryde Hospi¢¢ Larkhall Volunteers Christian Aid Salvation Amiy Lanark Men's Shed Dalserf Church Guild Arrietta Choir Stonehouse Band MAD Ministry Coalburn Band Glasgow Pastors Bowling Club Beatson Cancer Guide Dogs Covenanters Assoc. Ltprosy Mission Hamilton Churches Drop In Larkhall Foodbank Poppy Scotland RAF Benevolent Fund Dals¢rfGirls Brigade Boys Brigade (Overtown) Marie Curie Da15erfPrimary Kilbryd¢ 14ospice Larkhall Volunteers Christian Aid Salvation Anny Lallark M¢n's Shed Dalserfchurch Guild A￿letta Choir 355 500 160 160 200 600 220 220 350 250 300 250 250 500 645 245 485 500 200 50 600 600 500 250 loo 500 150 250 40 425 250 200 200 6,005 4.500 19

APPENDIX FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES 2025 2024 CAprrAL ACCOUNT Credit Balances held at 31 Decemb¢r at historical cost 322 604 322 604 Market Valu¢ of Balan¢es at 31 December 370 009 REVENUE ACCOU Credit B￿an£e at 31 D¢¢ember io The above balances amse following disposal of the manse in 2019. 20