The Church of Scotland Burntisland and Kinghorn Church Congregatlon Ref No. 241486 Seottlgh Charlty No. SCO16418 Trustees, Report and Accounts For the Year Ended 31 December 2025 18 North St￿et. Glenrothes. Fife KY7 SNA 01992 610388 8 Mitchell Street. Leven, Fife KY8 4HI 01333 425250 www.pater50nboyd.com PATERSON BOYD & CO CHARTERED CERTIFIED ACCOUNTANTS Burntisland and Kinghorn Church of Scotlattd Year ended 31 December 21125 Page5 Contents Trustees, Annual Rewkrt Ito6 Independent Examiner's Report to the Trustees Statement of financkal Activilles Balance Sheet 9tolO Notes to the Accounts Ilto22 Burntlsland and Kinghorn Church fjf Scodand Trllstees. ADnual Report Year ellded 31 December 2025 The trustees present the annual rqx>rt and financial statements of the charity for the yeor ended 31 Ikcember 2025. The fJnat)cial stat¢n)ents have been prepared in accordallce with the accountillg w>b"cies set out on pages I1- 12 in the accounts and comply with the General Assembly Regulations for C4)ngregational Ftnanc¢, the Charities and Trustee Investsnent (Scotlandl A¢t 2(X)5, the Charities Accounts (Scotland) Regulations 2006 {as amended) and Accounting and Reporting by Chariri&s'. Statement of Re¢otnm¢nded Practic¢ applicable to charities preparing their accounts accordance with the Finan¢ial Reporting Standard applicable in the UK and Republtc of Ire]and (second addttion published in 2019). Reference Ind Admittistrative Inforrnation Scottish Charity Registraiion Number SC016418 Congregation R¢fer¢n¢e Number 251493 Contact Offi¢¢'. CIO Mrs Elizabeth Taylor 20 Kilmundy Drive Burniisland Fife KY3 OJW PrlnelpAI Offlce Bearers: Minister.. Sessioil Clerk Church Trea8ur¢r'. Rev. Jim Reid Elizabeth Taylor Mary Tulloch Trust¢ei: From l Janulry 2025 to 31 De¢tmber 2025 Gardner Brownlie Alan Buslmell lunttl 09.10.25) Kenneth Cameron (until 26.06.25) Janice Cargill luniil 09.10.25} Bob Crewe8 John Dingwall Fiotta Dempskr Andrew DU￿1n Lorn) Duffin Helen Duncan {urttil 19.02.25) Carole Fitzpatri¢k Pat Gibsort Andrew Halpin Erw Hudson lunlil 27.08.25} Debi Ives Maureen Jolmslort Slian Lees Sandra Martin Dottald MacLean Kathryn Macl£an Parn McLean Sharon Mackie Geoff Miller Ifrom 26.01.25) Alex Muir (until 01.02.2S) Mark Petrie Winnifred R8msay Mary Reekie (until 09.10.25) Marion Reid Jim Reid Bill Sinclair (from 26.01.25) Molly Sinclair (from 26.01.25) Ann Smitb Williajn Swe¢nie Rae Sweenie Elizabeth Taylor Fiona Waison Mary Tullo¢h Jessie Watt B￿rnti$l0￿￿ and KinghorD Church of Seod*nd Trnstees, Annual Report Year eDded 31 December 2025 Independent ExamioeT: Colin McCulloclL F.C.C.A Paterson Boyd & Co. Chanered Cenified Accounlants 18 North Streei Glenrothes Fife KY7 SNA Bankers: TSB Bank Ple PO Box 373 LS149CG Bank of Scotland Michelsion Industrid E8thte KiTkcaldy KYI 3PA ROSSI￿) Street Kirkcaldy KYI 3HW Strueture, Goveriilnce and MAnaEement The Longregalion is a registered ¢harity, nUm￿r SC016418 and is adminisiered in accordan¢¢ with the tern)s of the Unitary CotLStitution and is subject to the Acts and Regulaiions of the General Assembly olthe Church of Scotland. Following the General Assembly of the Church of Scotland Én 2019, radical clwi8es were called for in ¢hurches nationally. one of which was ￿ reduce the number of charges in a Presbytery. Kinghorn Parish Church and Burntis]and PArish Church have now had g r of Union under the Fife Pre$b￿ery Mission Plan. Members of the Kirk Session are the charity Trust¢cs. Th¢ Kirk Session members are the active Elders of the chU￿h and are chosen froni those members of the ¢hurch who are Co￿￿1dered to have the appropria(e gifts and skills. ObSeetlves The Trt￿tees pre￿￿( their annual repon and fuwwial stat¢m¢nt$ of the ¢I￿lty for the year ended 31 tkcember 2025. The financial Siatemenls have been pr¢pared in #ccordance with the accounting policies sd oui in the notes to the accoun(s and comply with the General Ass¢rnbly Regulations for Congre8aiional Finance. the Chariiies and Trust¢e Investment IS¢oiland) Act 2(X)5, th¢ Charities Accounts {Scotlandl Regulations 2006 (as amendedl and Accouniing and Reportiti8 by Chariiies.. Sthiemcnt of Recommended Practice applicable io charities preparing their J¢¢ounts in acwrdance with the Financial Reporting Standard applicable in the UK and Republic of Ir¢1W￿ published on 16 July 2014. Actliltle5. A¢hievemtDt$ #nd PerfornMn¢e The Church of S¢otland is Trinitarian in doctrine. Refomied in tradition and Presbyterion in polity. It exists to glorify God and 10 work for the advanceTn¢nt of Christ's Kingdom ihroughoui the world. As a national Church, it acknowledges 8 distinctive call alld duty to bring the ordinances of religion io the people in every parish of scotla[￿ through a terriiorial rninistry. It Co-operates with other Churches in variows ecumenical b(KJies in scotla1￿ and beyond. Burntisl*Dd #nd Kinghorn ChuTth of Scotland Tru5tees' Annual Report Year ettded 31 Deeember 2025 Activltles, A¢hlevement$ and Perform4tt¢e {¢onthiued) Chureh services Our services continue to be varied in Siyle and aliernaie. as promised on our w)ittng. between Bumtisland and Kinghorn with a Congregational organisations Our Parent and Toddler ￿up and Young Islanders are working well. Bible srudy remains steady and Drift In is going from Chureh halls The halls in both Kinghorn and Bumii$land are used throughout th¢ w¢¢k for Church and Cominunity organisalions. The following groups use the halls on a regular we¢klylmonthly basis: Drift In. Yoga, Guides, Brownies, Rainbows. Pilaies. Karnie. Ta¢ Kwon Do, Scouts, Cubs. Beavers, Explorers, Prospects, Art Group, Big Gr¢¢n Market, Church Youth Groupg, Toddlers. Groups, Highland Dancing. Kinghorn 14isiorieal Society, SWI, Bible Study, Kirk Session. Various groups us¢ the halls 0$ required for meeiings, coffee mornings, birthday parties etc. Our hall Conveners ensure that non-members are ¢omfortabl¢ and happy 10 be in the curtilage of church property and all lets are approved by ihe Kirk Session. Faith Hope Ind Charity Shop and Ch4pt¢r and V¢r$e Our ghops have, once again, proved to be an invaluable 8&set which have contribuled io our income for the year. With very old buildings to maintain. the Finance Team is, as always. very graieful for these iinportant resources. Moreover, in the difficult finan¢ial times we are experiencing, the Faith Hope and Charity shop Is playing a role in our ¢ominitsnent lo provide a Wann Hub within our community. We are looking for a new manager to Chapler and Verse. Communlty and Outreach The church operates a shop in both Kinghorn (Faith, Hope & Charity) and Bumiisland (Chapter & Verse). Faith, Hope & Charity offers good quality second hand goods for sale and also provides tea, coffee. juic¢ and biscuits so that folks Can Sit and have a chal with one another. Chapler & Verse is St￿ked with a range of new gifts. a selection of greetings cards. bibles and books. The church operates a drop in tea, coffee and cake oft a Tuesday in Kin8horn and a community café serving a hot, two course Ineal on a Wednesday in Bumtisland. Both are very well attended and appre¢iated by the ¢ommunity. Two very succe&sful Alpha courfa8 were run by the church in 202.5 atlracling people from ouiside and inside the church. A follow on 10-week Bible Course was also provided for ihose who attended Alph8 and an Alpha weekend away was run. A very successful Holiday Club was held in the summer attrdcling more ihan 60 primary age children over 3 days. A ceilidh and a community Christmos sing-along were held and a very successful f&yre. At Easter 40 wooden crosses were put up in gardens of homes throughout Burntisland and Kinghorn. We produced three poppy falls for our communities and knitted Angels to give to the community along with inforniation on our Church at Christmas. Chaplaincy has continued with our local primary and secondary sCh￿IS and ow local footsall team. with one of our Elders nol providing Chaplaincy for a local ladies, team. Our minister continues to provide contact with a monthly newslet￿￿ and this. along with our quarterly magazine keeps God's word at the heart of the communÈty. Burntisland and Kinghorn Church of Stotlattd Trnstees, Annllal Report Year ended 31 D¢¢ember 2025 Activities, Achievements #nd Performan¢¢ {¢ottlittu¢d) Families #nd Children Worker Our children and fomilies worker - who we share with Erskine United Free churches is well known in our cominunitie5 and works well within our schools, youth clubs and sw)rts facilities. Wor$hlp Together Te•m The ream is a re&1 benefit to all worship services throughout the past year. In additiOlI. the shar¢d worship with Erskine and St Serf s has added unity* variety of approach and enhancement to our Christian servs¢e. The Yariely of services now on offer, we hope, go a long way to meeting the needs of all Ages and styles of worship, via United Services, BEK Setvices, Chilled Church and evening worship in the form of T8i2¢, Café Church, Ignile and Sunday1a17 along with a midweek morning service. In our meetings we review, discuss and share the congregation's comments and feedback in order to progress and plan for future services. We have a variety of inusical combinations ai every service with organ only. praise band. praise band and organ along Wlth accordion and guitar accompaniments. Thanks, must be awarded to ihe organisation, time effort and enihusia$in afforded by the musicgl ieam members. As a result, some of the congregational singing and praise has been iruly upliftin8. There is a more extensive variety of sUPPOrt available for the ministers through team members. participation in parts or all of the various services. Cover for holidays, illness, etc., by the ministry assistani and M¢rnbe￿ of the Worship Together Team ensures a service of worship every Sunday. The topics chosen for serytces encourage study> in depth, of the message in one book of th¢ Bible, uniting us again in another aspect of our worship and service. Fin8n¢l81 Review The principal sources of income are weekly offerings. Gift Aid tax refunds, funthaising, church organisation aclivities and hall lets. The Statement of Financial Acliyities and Balance Shttt for the church provide full d¢t8il$ of the financial position in the year to 31 December 2025. The Statement of Financial Activities shows a def1Clt for the year of £5,127 (2024-. SUTplus of £123.888) as reIx)rted on page 8. The signifieant surplus last year is primarily due to the transfer of union balance of £126.597. Total funds at the year end were £549,070 (2024.. £554,197). Burntisl*Dd and KingboTn CbuTth of Seotland Trustee5' Annual RepDrt Ye*r ended 31 Deeember 2025 Rl$k Management The injstees have assessed the major risks to wbich the charity is exposed and seek to address them with appropriate actions. The principal risks faced by the charity comprise generaring sufficient incoTne to ¢over all liabilities and the niaint¢iian¢e of the buildings for which the charity is responsible. The trustees work to ensutt that the costs of running the charity Are coininensuTaie with the funds available and will take any actions necessary io address any shorrfalls. The buildings Avkilabl¢ to the char2ly liave been assessed a]id categorized through the Presbwery Missioll Plaii proces5 and appropriate actions put in place to discharg¢ our obligations. This has b¢¢n wid¢rtaken with external support where necessary. Plans are being developed to either maintain each propcrty to an acceptablc slandard or to dispose of the property in the most beneficial way for the charity. The trusl¢¢s r¢gularly und¢rtak¢ yn asswm¢ni of the ri%k$ associated with the day to day TrnDing of the Church. This includes both health & safety and financial risks. Th¢ risks that have b¢¢n idenrified are discussed within cominittee and at Kirk Session in¢e¢ings with appropriAt¢ &¢lions taken to mittgaie Imanage the risk. During 2025 0 Mission Audit has been undeflak¢n with th¢ r¢sults being presented to Session in January for fijrther review and action. Our G.D.P.R. Officer has all necessary inforniaiion upi(Aaie and makes sure that all office bearers and key workers ar¢ aware of the ne¢essary r¢quir¢menis io keep s¢nsiliv¢ inforn)aiion s¢¢ur¢. The Church of Scotland Safeguarding System operates on ihe basis of trus( that the systems and people ar¢ working well lo protect children and vulnerable adults from harnj or abuse. To ¢his end. a$ defined by law, our volunteers and paid workers working in prescribed posilions musi have PVG Cle8ran¢¢ from Dis¢losure Scotland and undergo regular training. Volunteers Apurt from ih¢ Minister, Ministy Assistant. Praise band leader and cleaners all other servi¢es or¢ earried out by volunteers. This in¢lud¢s office bearer positions (such as Session Clett Treasurer). Tn￿tee$ and oihers who run and assist wilh the various aetivities the church takes part in. Without the many volunteer5 the church would not be able to function. Reserves Pollcy The charity trustee5 have considered the reserves required by the Church and hav¢ tsken into account their Current and fu￿re liabilities. It is the Trustees. policy lo hold reserves of approximately six months, expendilure, although in reality mor¢ than this level is held. At the year end the church held unrestricied funds of £199,844 (2024-. £229.561). We also hold investments within the endowinent fund wilh a mark¢t valu¢ ai 31 De¢¢mb¢r 2025 of £276,172 (2024.. £272,462). Ih¢se funds are invested with the Church of Scotland. Within unrestricied fvnds, designated fvnds of £72,653 (2024.. £58,015) are held by the fabric fund and £106,526 {2024.. £77,500) are held by ¢hur¢h organisaiions. R¢stricted funds of £272,528 (2024.. £254.243) are held which includes £1,90612024.. £2,060) in respe¢1 of a new fvftd for the Wam) Space. rntisland *Dd Kingborn ChMrth of Stotlalld Trnst¢es' Report Ye*r ended JI December 2025 Trustees Responsibilities in Relation to the Finallcial Staternents The Charity's trustees are responsTble for preparing a irusw. annual report and financial staten]ents in accordance with applicable law and United Kingdom Accounting Standards Iuniied K]"ngdom Generally Accepied Accounting Practice). The law applicable to charities in Scotland require5 the ¢harity trnMtts ¢0 prepare financial statements for each year which show a tn]e and fair view of the State of affairs of the charity and of the incoming resouT¢es and application of resources. of the chority for that p¢riod. In preparin8 the financial slalernents the t￿sIteS are required to.. seleci suitsble accouniing policies and then apply them consistenily; observe the meihod and prin¢iples in ihe applicable Charitie5 SORP 2019- makejudgemeDts and ￿$Mat¢S that ar¢ reasotkable and prudent- slate wheiher appli¢abl¢ accounting Standards and statements of recommended prncii¢¢ hv¢ b¢en followcd, subject to any departures disclosed and explained in Ihe financial staiemenr prepare the financial statements on the goin8 concern basis unltss it is inappropriaie to prt5umc thot the charity will operational existence. The trustees are responsible for keeping proper ￿cOunting recoTds which di5¢11)se with reak)n&ble accuracy a¢ any lime the financial position of the charity and 10 enable them 10 ensure thai the financial sthiements comply with the Charities and Trus1ecs Investrnent (Scoiland) Act 2005 and the Charitie% Ac¢euni$ IS¢otlat)d) Regulaiions 2(X)6 {as am¢nd¢d). They are also responsible for 5afc8uardiii¥ tlic as5e15 of the charity and henee for taking reasonable ￿ep$ for ihe preveniion and ¢kieclion of fraud and o¢her irr¢gulaTjtIC5. The trustees are responsible for the mainienance and in￿g￿lty of Ihe charity and financial infomiaiion on the congr¢gatjQll'5 websitc. Lc8i8lalion in the Unitcd Kingdom 8overning the preparation and dissemina11(￿ of financial ststemertts may differ from legislation in other jurisdiction.s. Approved by th¢ Trustees #nd si8n¢d on their behaifby. Date.. 15 June 2026 Mrs Elizabeih Taylor Session Clerk Burntisland Kinghorn Cburth of Scotland Indepelldeni Examiner's Report to th¢ Tru51ees of Burnu51and al￿ Kingborn Chureh of Scotland Ye4r ended 31 December 2025 I report on the accounts of the Charity for the year ended 31 December 2025. which set oui on the following pages. Respective responsibilities of trustees and examiner The chariry'5 Inistees are responsible for the prepardiion of the accounts in accordance with the terms of the Charities and Trustee Inveslm¢nt IS¢otlond) Aci 2(K)5 and the Chariiies Accounts (Scoilandl Regulations 2006 {as amended). The clority trLtstees Consider thai the audii requirement of Regulaiion 10 {1) {a) io Ic) of the Accounts Regulaiions does noi apply. It is my responsibility to examit]e the accounts as iequired under section 44 (1) {¢) of the Act and io state whether panicular mattws have ¢om¢ to my aitentLOn. B¥4sls of Independent ex¥In￿ller'S statement My examination is carried out in 8ccordance with Regulaiton I l of the Chuities Aeeounts (Scotland) Regulaiions 2006 (as arnendedl. An examination includ¢s a review ol the ac¢ounling records kepi by the charity and a comparison of the accounts presented with those records. It also includes ¢ODsideraiion of any unusual items or disclosLwe5 in the accounts and seeks explanations from the trn5tees concerning any 5u¢h mallers. The procedures undenaken do not pn)vide all the evidence that would be required in an audit, and Consequently I do not express an audit opinion on the view given by th¢ awounts. Bas15 of Independent examlner's statement In ihe course of my examination no mailer has come io my alleniion: which gives me reasonable cause to believe that in any material respect ihe requirements: to k¢¢p a¢￿￿￿tIng r￿OrdS in uordan¢¢ with S￿tiOn 44 {1)(al of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations las amended), and io prepare accounts which accord wÈth the accounting r￿OrdS IT￿ eotnply with Reguaiion 8 of ihe 2006 Accounts Regulations las amended) have noi been met, or io which, in my opinion, aiieniion should be drawn irt order ￿ enable a proper undets¢anding of the aKounts to b¢ reached. Colin Mcculloch F.C.C.A. Paterson Boyd & Co Chartered Certified Ac￿untants 18 Nonh Street GLENROTHES Fife KY7 SNA Dale.. 15 June 2026 4ry op t4 r4 cty? r41 lal BurntlslAnd #Dd KlrLghorn cb￿r¢b of Scotland Notes to the flntsntial siatemethts for the yeAr ended 31 December ?025 General informfttion The choriry 1.4 a public benefit entity. regi%rerd as a ch8rity in Scthland. A¢eountlng PolScle5 The principal at¢ourtlirt8 policies, which hAve been applied t¢)nsist£TJtly in the curmt and prttedin8 year in dealing with it¢ms which a considered material to the attourtt& are set ¢)ul below. BAsl$ of prep*rntlo Th¢ fInanGial statements hav¢ b¢wJ pryTrd in ￿T￿an¢¢ with Awx]ntin8 and R¢rthin8 by Charities.. SraThi¢nt of Re£omm¢nd¢d Prn¢iice applicable to charitie8 prepaTin8 their a¢¢ounis in acco￿an￿ with the Finantial Rewting Standards applicablc in ihc UK and Republic ol ITel4nd IFRS10218nd Ihc Financial Reporting Standard applicable in the UK and Rqyublic of Ircland IFRSI 021. Ihc Charities and Trnsieo Invesimcnt ISeoilanOI Aci 2005 and Ihe Chariiics accounts (sc￿land) Regulations 2LYX) las amended). Dlselosurt exemptlon$ The charity Satisfies the eri1¢riO of being a qualifying entity as defitwd in FRS 102. As such. odvanrage has be￿ iakm of the followin8 dig¢lo$ure excmpiions available under parngraph 1.12 of FRS 102 tsnd therefo￿ t)0 cash flow staiemeni has bccn PTC5cnted for ¢h¢ chariry. Fund accountlng Funds air Classified 0$ Te$iri¢t¢d or unT¢StricwJ funds defind as follows- R¢stri¢l¢d funds 4T¢ funds 5ubj¢L1 10 Sp￿)rIC rwuirem¢nts as ￿ ih¢w use, which may be thlhred by the donot¥ or with their auihoriry OT cr¢al¢d through lewl pruie$x but still within lh¢ wid¢r obj¢¢ts of th¢ ¢harity. Unrcsirieicd funds arc cxpend8ble ai the dI￿]￿lOn of the in furthuance of Ihe objects of Ihe charity, If part5 of the un￿91￿Cled funds J eannarked at thc discretion ol. the Irusrees for a particular p￿rpoSe. they de5ignata as a sq￿rfttc fund. This d¢sign8tion has an administrative PUry)05c only and docs not Icgally T¢STriCf ihc truMecs' dyscraion lo apply thc ￿nd. InLomc is r#o8nised when the charity is entitled to the 8ny wfornlanee condiiioThs aitached ￿ the it￿15) of ill¢om¢ hav¢ b¢¢n In¢t. li 1$ probable that the income will be recaved and the amourbls be mta5ured relhgbly. IntertJi rtcelvable Inlcrcsi on Ihc funds hcld on de￿511 15 includcd whcn rcccivablc and thc an￿nts can bc mcasuTed reliably by the charity.. this is nornially upon receipi of th¢ inlcrcsi pHid or payabl¢ by ihc bank. Tanglble Flxed assets Thc charity has the ri8ht to occupy athd us¢ for its ¢h8ritahle objetts eerthit) tan8ibl¢ fixed assets. including the ChU￿h. hJll$ 8nd m#ns¢, v¢$ied in the Church of Scotland Gerternl Trustees. No considetation is payable for the use of these a55ets. ExpcnditUT¢ incutred on ihe r¢p8ir dnd m&inien&nce of these assets is charged &$ expenditure in the Sla(￿Kn¢ offinanci8] fAivities in the period in whith th¢ likbility &rise All 18n8ible fixed assets havin8 a v81ue lo th¢ rharity greaicr th&n one ye4r other iha* those acquittd for spccific purpo%c%, Hre capilali5cd. Deprcci&lion ig provided on a 51TRi8hi lin¢ b&%is to wrile off the costs or Itkill￿ valuq less rtsidtsal valu¢. of tsngiblc fixcd asgct5 0v¢r thcir estimated uscful lives". Buildin8S - Straight line over 50 years Offjce equipment - Sirdight line over5 years li Burnild*Dd fittd Klnghorn Cbllrdt of Scotland Notts to thefiA*Rcial stxttments for the yt*r ended 31 Dtcember 2025 Investments Fixed asset Investtnents ate stated at J]]arket value at the baiante sheet d* U]]w]ised gains artd lossts represeni th¢ differen¢¢ bett4.een the Inarkei value at Ihe beginning and end of the fjnancial year or. if pU￿h&￿ed in the year. the difference bfflween cosi Inthei value ai the ertd of the year. Realised gains and losses repttseni th¢ difference bdweet) the pmceeds on disr*)s81 and th¢ market va]ue al the stirt of Ihe yearoT cosi if purchased in the yeaT. Stock Sio¢k% are valued at the lowerof ¢osi and rtet realisable value. aft¢r makLII8 due allowth£¢ for obsolete or slow moving irun$. TaxAilon BuTniisland and Kinghorn Churth of s¢￿[￿[￿ is T￿￿gniSed a5 a charity for th¢ purpos¢5 of applicable iaxatÉoÈ) le8islaiion and is therefore not subject to tOX#lion on its tharitable Attivities. Th¢ ch*ily is not wist¢T¢d for VAT •nd ¢xpths¢s thettfotr indude irr¢coverdbl¢ input VAT. Operating LeaJtS L¢&se pbymertis are reLogttised as an ¢xpense over the last t¢mh ¢)n a strni8ht-lin¢ btsi$. The 088regaie bencfii of lease inccniiv¢s 1$ re¢ognis¢d 4$ a rcduciion 10 expcnsc over the le8se term. on a strai8hi-line b&8is. GolnE Coneer Ai Ihe liine of fjpprovin8 the Con8rwiion41 A¢¢ouni& th¢ Tru$itts a reasonable exp¢¢thiion th￿ the charity has adequate r¢soun¢$ 10 continue in operstionil exigience for the foreseeable fvture. Thu$ the tru*tts ¢ortiinue io adopt the 80in8 con¢¢rn ba$i$ of a4%0Unlin8 in prepuring the Congregaiional Account& 12 r4 r- oowu V¥ r4 ¢4 rt r r c ¢> r-- oo pi r4 4] p4 n B¥rniislaTrd Chwrth of knd•nd thtrth*#li￿ ItateilltLltsfor Ihe}earolldwl JI i)¢<¢mbtr 2015 Restrtcted Tr'und5 2024 F.ndoM'ment FU￿￿5 2024 F￿Ad$ 1025 Fwnds 2025 FU￿dI 2024 2025 7. 7.￿￿5f¢r l)etwt¢n Wa115 Mcrnondl Fund ￿ GertNI Benevolcni General Disabled F￿11111￿ & Arw Fund BoswcII EAcbangetts t>esigoattd Youth W(x*tr A8nes Rarnsay to Generèl RestrL*ed Fk>wer fimdto Lksi8nnted lo￿ I10.(yx)I ( i.Mo} 295 (768} { I,ofK>) 2058 { 10581 ( 10631 13,058 8. Staifc0515 And Numbe 2029 2024 SaknesATrJ sor￿ 9¢￿￿ty ¢OSts CYw. theE•sis of•1￿¢￿J￿ follm.. 2025 2024 Cknne Youth Work¢t Noemplofft had emph)tt E¢nefJts inex(*ssof£&X￿l All Ch￿r¢horSe0thnd wnywii¢ni coMritr*Aeto Noth?MI StiFud F￿nd wlMth tuT5th¢(￿ ot4]l ￿1￿L￿$, Éti1￿5 W￿anp￿r.5 ron1n￿liOnts for nbil￿nI insurancc. p¢nSH￿￿Trd hwsin8a￿l fimd. Minis*n' *irKTrJs4re with thE 51iwd xale.whKh IDyur¥ ofs¢FVX¢. ror ihe unduT¢Vi¢W lh¢ mLnimum 5¢1[￿1 w¥ E32,433 ond subx¢yMi)rarnl £J9.856. 9. Tr¥*teo Rtmuthtt*iloTr Ye12ted party Dunns thc >tara iothi of£21,20112024.. £20,193) wu4JJn•trd bYtrW￿. Dunng the>w¢)ne bust¢e tttttved 12024.. £1.710). Burntisland and Kingborn Church of Scotland Notes to the fknaneial statemellts for the year ended 31 December 2025 l O. Tangible fixed asset$ Offiee Equipment Buildings Total Cost As at l January 2025 Additions in year Disposals in year 12.000 14.637 26.637 At 31 December 2025 12,000 14,637 26,637 Depreciation As al l January 2025 Cliarge for the year Eliminated on disposa15 3,360 240 10,537 820 13,897 1,060 At 31 December 2025 11.357 14,957 Net book value At 31 December 2025 8.400 3,280 11.680 At 31 December 2024 8,640 4,100 12,740 Tangible fixed x$5ets (Comparative) Office Bulldlngs Equipment Tot*1 Cost As at l January 2024 Addition$ in year Disposals in year 12,000 14.321 316 26,321 316 At 31 December 2024 12,000 14.637 26,637 Depreciatio As at l January 2024 Charge for the year Eliminated on disposals 3.120 240 9,198 1.339 12,318 1,579 At 31 December 2024 3.360 10.537 13.897 Iyet book value At 31 Dcccmbcr 2024 8,640 4,100 12,740 At 31 December 2023 8.880 5,123 14,003 16 Burntssland and Kinghorn Churchof Scotland Notes to tht fiMAn¢i81 $141ement$ for the )'tar ended 31 Deternber 2025 l. Investments 2025 2024 M2rket valudcost at 31 December 2025 Addition8 Disposals Reali%ed gain on investments Dividend received Unrealised BA1￿{10S8) on investments MaJ*et value a(31 December 2025 272,462 240,141 8,914 (16J13) 20,023 276,172 23,407 272.462 Invc.%tmcnt% at cost The following inv¢stm¢nts ar¢ h¢ld: Churlh of Scotland Inve$iors Trust: Growth fund- unlt prlce at 31.12.25 £5.83 Church of Seoiland Guild '. 4(Xl units {original cost £200) Walls Memorial fund .. 10.350 units (original ¢05t £12,361) Bciicvoleni fund .. 8.234 units (0ri8inal cost £7.731) Piper Memorial .. 1.6IX) units l0ri8inal cost £8561 G¢org¢ Blyth Capital fund: 6,944 units (original ¢ost £24.998) Agnes Ramsay fund .. 1,388 units (0ri8in81 ¢osi £4,997) J S Motion fund .. 9,539 units (original cosi £35,879) Kirk Session .' 600 uni¢s (original cost £300) Bertevolent fund: 929 unils (original cosi £3J54) 2.752 71,208 56,650 11,008 47,775 9,$49 65,618 4,128 6a92 2,552 82,346 52,532 10,208 44,304 8,855 60,859 3.828 5,927 Intome fund- uttlt prlee At 31.12.25 £10.96 B¢nevol¢nt fund 30 units (9ri8inal c051 £221) Fabri¢ fund .. 65 units {origin81 ¢ost £480) 342 740 276.172 332 719 272,462 12. Stock Shop stock 5.625 9,000 13. Dtbtors Gift Aid Tax refund tkLC Other taxes and social security 2,153 1,406 3.559 1,004 1.406 2,410 14. Credltors Independent examinels fee Other creditor5 Agency colleclion 1,890 3,131 200 5,221 1,800 200 2,000 17 Burntisland and Kingborn Cbureh of Scotl¥nd 'otes to tbe fitt8lltl*l stiitmetsts for the yeareTrded 31 D¢c¢mber 2025 15. Analv$ls of Nei Assets Among Funds Unrestrkned Rthrkrtd Endowment Funds Funds Fund8 2025 2025 202S Total 202S Fixed Assets Invesimenis Current Assets Current Liabilities Net assets at 31 D¢¢ember 2025 11.680 740 192.445 15,0211 199.844 11.680 276,172 266,439 15.221) 549.070 207.588 65.140 (2(K)I 272,5?8 67,844 8,854 76,098 Analysls of Net Assets Among Fundi Umresirkied Resirl¢ted Endowment Funds Fund$ Fund5 2024 2024 2024 Total 2024 Fixed Assets Inve5mients Current Assets CuTrcnt Liabilities Nei assets #t 31 D¢¢tmb¢r 2024 12.740 719 217.9)2 11.81K)I 229.561 12,740 272.462 270.995 2.000 554,197 208.829 45.614 2(x)I 254.243 62.914 7.479 70.393 16. Volunto¢rs In common with all ¢ongre881ion$ of the Church of S¢oilond Ih¢ ¢ongTe8aiion benefits from the Conlribution made by volunteers who givc iheir timc and lalenTS willingly for the benefit of the Chut¢h. The Areas of congregational life whicb rely on the contribution of volunteer5 llre many and varied and much of Ihe activity would be unable 10 coniinue wett it nèi for the ¢ommiim¢ni shown. 18 O Op4 p4 e¢ 4 0 Yb Qrto oo tr- tr- ¢4 r 4 ry r￿ C*) o r4 f4 ¢ri 0 u ¥ o Ci* > oa U C¢ *n 4n * > ￿ V¥ Burllti$land and Kinghorn Church of Scotland Notes to the financial statements for the year eDded 31 December 2025 05es of Endowinent FU[￿S George Bl)rth Trust Income from the George B1￿h Trust Wds originally split with one half to the Boys, Brigade, one balf of the renwinder to rhe choir but could be used for the organisi's salary but noi ihe upkeep of the OTWdn, and ihe remainder divided amongst the Juntor organisations in exisience at the iimt of his death. At present there is no BB Company and the moly goes into the Junior OrgaiJi$r¢tjOE15 Furyd. Agnes Ramsay Legacy To a&sist the Girl Guid4 part of the legacy left io the Church by Agnes Ran￿aY s invested to be similar to the GB Trust in that the capital is no¢ to be touched and only the illcorn¢ can be us¢d. We must emphasise thai this was a Kirk S¢ssion d¢cisi¢)n and not the d¢)nor and is not truly an ¢ndowment. Kirk Session l Benevolent Fund Incorne from th¢s¢ fimds may be wed for generdl purposes. Pu ses of Resiricted Funds Cos Guild These are collttted disbursed by the Guild. The Guild provides Christian fellO￿h1P for wom¢n and men. and rnises awareness of wider i*sues in th¢ world. Blhrniisland Guild is re5ponsibl¢ for its fll)an¢¢b. It also atT￿￿e$ fi￿￿raISIng events to support its aciivities. Is used specifically for wistancc to the mirtister. It was used to provide the salary of a Church Sister and her a￿oMOdatIon. In recent yeats li was used io provide the salary of an a55islant minisler, il is now uscd to fund Pulpii Supply and an￿h1n% thou%hi io assisi the minisier. This was the fomier'poorf fund and is u¢td to provide help lo the whole Parish. lis use has changed in recent years: iLsiead ofproviding coal or groceries it is tjow used to provide srnttll gifts at Chn'stm85. It is still available io the mini8ier ai Iheir discrtion to provid¢ help to people in severe alld urgeni need. Walls Memorial Fund Benevolent Fund Piper Memorial Fund Is used ￿ subsidise the costs involved wtth the annual Young Church outing Ifomerly called the Sunday S¢hooll. Is used for renovation of the Church halls in Bumiisland. See dethils as per George B1￿h Trust alK)ve. There is CUTrently no choir and the money used for the or8ani5t'% salary, but at preseni there is inwfficient to meet this $0 we Mryll have to build il up. John S Motion Fund George B1￿h Junior Organisaiions George Blyth Choir Fund Di$4bl¢d Fa¢iliti¢5 & Ar¢¢s5 Fund Sei up when canyinB out renovations io halls and disabled f￿11111¢5 10 ins¢all a Flower Fund Is used io pay for floral displays in Church every Sunday. A Group of volunte¢rs arrange the flowers alld deliver them to the sick. bereaved and the elderly. The nd is supported by variou5 colltributiOLS from members wishing tributes ai 5pe¢io1 time5 throu8lK>Ut the ycar and by special donations. Wami Space Grani fimdin8 receivcd frorn Fife Council to facdkiate warni spaces for the vulnerable during the ¢osl of livtng crisis. Funds associat￿] with the BoswelVBethesda eXCha￿ge scheme. Boswell Ex¢bange ses of Desi General Congregational Purposes Fund nated Fund5 Monies bequeathed to the church by Mr W Adams for any major general putpose ai ihe Kirk Session's dhscretion. ts ￿ed for general everyday affairs of ihe Church. Was instiga￿d by the then Congregational Board and provides money for activities in the cornrnunity. The tnLStees have se( aside fjjnds for the maintenance of the Chw¢h property. Churcb Shop Outreach Fund Fabric Fulld Youth Worker Young Islatlders Funds for the BEK Youth Group. Funds for the playgroup ar￿ toddler& 21 Burntisland and KiMghorR Churcb tsf Scotland P4otes to the flD#neial staten￿nts for the year ended 31 Detember 2025 19. Collections for Third Partie5 2025 2024 World Day of Prdyer Mary's Meals Chri8tion Aid Malawi Foodbonk Poppy Scotland Prospects Burntisland CHAS Lcprosy 193 1.662 1.193 1,044 574 351 1,876 543 271 566 417 19 3,692 5.301 20. BEK Chlldren And Famllles Worker During the year the three BEK ChU￿h¢S have coniinued to Work together having engaged a Childrcn and Famili¢5 Worker to dcvelop and foster engag¢meni with young familLC5 in our ar¢a. FuJM4s have been gaihertd from the ch￿¢ congregaiions aiid were ¢urrertily held by Bumtisland and King1￿rn Parish ch￿￿h as li was anticipated tha( a separaiely consiituted eharily would be established. As this not happened the fvnds are now shown as a designated fund. Amounts held by Burntis14nd and Kinghom Chureh as at l January 2025. 21888 36,653 Income received 16,632 Costs incuJTed { 3AJ97) TrAngferred to designated fuftd Amounts held by Burntisland and KIng￿rn Chu￿￿ as at 31 D¢e¢mb¢r 2025. (21888) 21,888 22 Burndsland attd KSn2horn Chur¢h ofstodxbd Notes io th* st*¢emtnts for theyear endeil 31 December 202S APPENDIX I FUNDS HELD ON BEHALFOF THE COP4GREGATION BY THE CHURCH OFSCOTLAND GENERAL TRbsfEES 2025 2024 EVEIYUE cr￿1( Balanceat l January 2025 Interest receiwJ- Revenuc atcount R￿¢ r¢￿1V Adinini5tTalion ¢hargc Prop(My COS Energy LX)SIS 15.077 13299 832 14,543 16.9(X) 17601 { J.9001 (13.129} 110.gW} Crcdil balan￿ It 31 D¢¢anbrr 2025 14.688 15.077 Thc boljnceof Ihis fvttd is inGlyJ+xI within'B4nk and coth" in the bal•nce5hedon po8e9.