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← Episcopal Church Of St Andrew (Strathtay)

2025-09-30-accounts

CHARITY REFERENCE NUMBER – SC017058

ST ANDREW'S EPISCOPAL CHURCH STRATHTAY

REPORT OF THE VESTRY

&

ACCOUNTS

FOR

YEAR ENDED 30th SEPTEMBER 2025

ST ANDREW'S EPISCOPAL CHURCH

CHARITY REFERENCE NUMBER – SC 017058

CHARITY TRUSTEES - Members of the Vestry

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Rector People’s Warden Treasurer

Rector’s Warden & Safeguarding (PVG) Coordinator Secretary Lay Representative

CHURCH ADDRESS

PRINCIPAL OFFICE

Strathtay Pitlochry PH9 0PJ

c/o L Whitwood Basford Grove 3 The Paddocks Grandtully PH9 0PP

BANKERS

Bank of Scotland Aberfeldy (800522) Branch PO Box 1000 BX2 1LB

Epworth Investment Management Ltd 9 Bonhill Street London EC2A 4PE

INVESTMENT COMPANIES

Evelyn Partners 206 St Vincent Street Glasgow G2 5SG

Unit Trust Pool M&G Charities Scottish Episcopal Church PO Box 9038 21 Grosvenor Crescent Chelmsford Edinburgh Essex EH12 5EE CM99 2XF

INDEPENDENT EXAMINER

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ST ANDREW'S EPISCOPAL CHURCH

REPORT OF THE VESTRY FOR YEAR ENDED 30 SEPTEMBER 2025

The members of the Vestry present their annual report together with the financial statements for the year ended 30 September 2025.

Structure and Governance

In terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006, (as amended), the Vestry reports to the congregation as follows:

  1. St Andrew's Episcopal Church, Strathtay is a registered Scottish Charity (SC017058).

  2. It is a member of the Diocese of St Andrews, Dunkeld and Dunblane of the Scottish Episcopal Church and is in full communion with the worldwide Anglican Communion.

  3. The superior authority is the Bishop of St Andrews, Dunkeld and Dunblane.

  4. All of its temporal affairs are governed by the Vestry.

Appointment of Vestry Members

Vestry members are elected or appointed from members of the Congregation by Annual General Meeting established by constitution and under the Code of Canons of the Scottish Episcopal Church. There is no formal induction programme, but ongoing guidance is given to ensure that Vestry members are familiar with the Church's values, aims and responsibilities as the designated trustees of a charity.

Administrative Structure

It is the duty of the Vestry to manage the temporal affairs of the congregation with responsibility to keep the fabric and property of the church and other buildings in good working order and to look after the finances of the church.

Statement of Risk

The Vestry keeps under review the major risks to which the Church is exposed and has established procedures to mitigate any risks identified. The Risk Assessment is completed.

To maintain the integrity of the internal fabric of the church, further expensive work is needed, this will improve comfort for users, reduce energy needs and increase the longevity of the building. Grants will be needed. The small congregation already do all possible both to practically care, and also financially support, St Andrew’s, however, inevitably at some time, there will be further loss of members. There thus may be continued loss of pledged giving. The importance of the church being out in the wider community is key and is well recognised. The fire safety and asbestos checks are now being arranged. A regular maintenance programme is now in place and the responsibility for the Risk Register allocated.

Work is starting to update the Five−Year Plan, especially important with the pending retirement of the Rector in 2026. Part of this, is to consider the practical and financial implications of potentially insufficient congregational support being available in the future to properly maintain the church in its current form.

Charitable Objectives and Activities

The Church's principal activities include public worship in sacrament and prayer, Christian education, charitable work, and fund raising for local, national, and international needs, social meetings, and community groups of all ages.

Volunteers

The Vestry is extremely appreciative of all the members of St Andrew’s, who, although relatively few in number, use their varied talents and skills to contribute in so many ways to support the work and life of this very special church.

ST ANDREW'S EPISCOPAL CHURCH

REPORT OF THE VESTRY (continued)

ACHIEVEMENTS AND PERFORMANCE

The Church continues to make its facilities available for use and provide a place of worship for the whole community. The committed members of the church continue to demonstrate their stalwart support for St Andrew’s in many ways and are forging ever stronger links with surrounding communities.

The Highland Perthshire Linked Charge

St Andrew’s Church is part of the Highland Perthshire Linked Charge which consists of 3 other churches: Holy Trinity, Pitlochry; Kilmaveonaig, Blair Atholl; and All Saints, Kinloch Rannoch, the latter now being a Daughter Church of Holy Trinity. is the Rector for all 4 churches, most ably supported by , Lay Reader and Secretary of St Andrew’s. The congregations enjoy coming together for Joint Services. Together they are looking at climate change initiatives. Expenses are shared between the churches.

REPORTS OF THE VESTRY MEMBERS

Rector’s Report

Introduction

At the end of the financial year, it has been a busy one, with services planned to the end of the year and regularly reviewed. Planning for next year’s services will take place at the end of November. and I work together to ensure that all our churches have regular services and we are encouraging Lay participation as much as possible and we have held a refresher course to share experiences on Intercession in September 2025 and also training for Lay Worship Leaders. We continue to encourage congregation members to take up a role if they feel called to do so.

I will be retiring in April 2026 and as this will be my last Annual Report, I would like to take this opportunity to thank everyone for their work and care over the past 10+ years, thank you for the privilege of working with you and serving you, it has been a pleasure, and I will miss you all very much. I would also like to take this opportunity to thank Lesley for her continuing work and the support she provides to the smooth running of the Linked Charge and also my thanks to our Linked Charge Treasurer for all her hard work and care.

It is also important to thank all those who work tirelessly to ensure our churches function, Organists, Sacristans, Eucharistic Ministers, Intercessors, Readers, Coffee Makers, Welcomers, Fundraisers, our Newsletter Editor, all Vestry Members, Gardeners and of course our congregations and visitors. Thank you all for your time and your care.

Key Points

ST ANDREW'S EPISCOPAL CHURCH

REPORT OF THE VESTRY (continued)

Occasional Offices & Others

Liz Baker

Vestry Secretary’s Report

The Vestry met on 15[th] January, 29[th] May and 14[th] August 2025. The Annual Church meeting agreed to ratify the continuation of Liz Baker’s ministry with us until 7[th] January 2026, her 74th birthday; the Rector has since then, asked to continue until the end of April 2026. The Annual meeting was held on 21[st] January 2025 and was attended by 16 members of the congregation.

The Vestry continues to be concerned with the maintenance of the building and grounds. In the absence of an active Property Convenor this is managed by the Treasurer with help from other members of the Vestry. The records of property matters from the past years have now been placed in the Vestry for reference.

We have a five-year plan which now needs some updating of financial matters. We have reported as far as possible on the Net Zero initiative, although somewhat inhibited by difÏculties in getÝng accurate information from our energy supplier. I have also distributed to the other vestries the profile which we assembled for the advertisement of the post of Rector in 2012 so that it can be updated ready for 2026.

ST ANDREW'S EPISCOPAL CHURCH

REPORT OF THE VESTRY (continued)

The congregation numbers remain fairly stable with an average of 16 at each service. Although about half are over eighty, they remain active and interested in the life of the church and have provided an enthusiastic welcome for visitors and new members.

In order to raise funds for the maintenance of the church they also continue to participate enthusiastically in the cake stall for the Grandtully Gala and stalls at the Grandtully Hall sales. The Gordon family opened their garden for a barbecue in aid of church funds. We were unable to secure a week at the Thrift Shop this year but will take one at the beginning of the next financial year. The Vestry membership has remained largely unchanged as might be expected in a small congregation. Members of the congregation participate in the services by reading and intercessions, they offer coffee and biscuits after the service and provide flower arrangements throughout the year.

I have produced a booklet of the history of St Andrew’s in conjunction with a member of the Kilmaveonaig congregation, a photographer who is skilled in booklet design. This has been printed for us by the Charge and is sold for church funds. The photographs have also been used for the website and to identify the results of property maintenance.

In consideration of the retirement of the Rector, plans have been made for training worship leaders to maintain the provision of services in the three main churches.

Lay Reader’s Report

The Rector and I have regular staff meetings and telephone discussions to ensure that the Charge works efficiently. This has been quite a busy year, as I continue to share in the provision of services to ensure that there is a service every Sunday in each of the three main churches; this means that I take at least one service every Sunday. We have also maintained the provision of a Zoom evening service fortnightly, which has been instrumental in continuing the connection with people who might not be able to attend the morning services or who live out of the area but feel a connection with the churches of the Charge. I provide the service once a month and attend on the other Sundays.

At Christmas and Easter I take the extra services such as Christingle, Good Friday, Easter Fire and the joint service with the Church of Scotland during Holy Week. We maintain a close relationship with the Church of Scotland, the Grandtully, Logierait and Strathtay Group, and join with them for services when there is a fifth Sunday in the month: they join us, or we go to them. On the Sundays when the Rector takes her annual leave, I take a service for the whole Charge in one of the churches.

As the organist at Holy Trinity is planning to move away, I have taken on the choice of hymns for both St Andrew’s and Holy Trinity. I send the readings for each week to the manager of the website and write the notice sheet for St Andrew’s which I distribute by email. Some of the congregations do not use email so I print and deliver the news sheet to them each week.

As a small congregation, the members are very supportive of each other and offer lifts to those who do not drive and telephone or visit those who need company; and make sure that those in difficulty can be helped.

ST ANDREW'S EPISCOPAL CHURCH

REPORT OF THE VESTRY (continued)

I plan and lead a House Group which meets monthly in various homes and in the fishing hut at Wester Lochan. This has a small but enthusiastic membership and covers many religious topics but also gives a chance for wider discussion and social interaction which is not possible after services. I also lead the Book Group which meets at Holy Trinity each month; we choose a wide variety of books, and this also maintains the social connection between the churches of the Charge.

I represent the Charge on the Upper Tay Anti−Poverty Group and am a trustee of the funding body. Each request for help is considered by the trustees and the appropriate assistance offered. The wider group share advice and report on needs; the St Andrew’s congregation are invited to share in identification of need in our area.

Protecting Vulnerable Groups (PVG) / Safeguarding Report

I took over from as PVG Co−ordinator last year and attended a Training Session in St John’s Cathedral last September.

During this year, there have no reports of concerns or breaches. It is recommended that the Trustees review the existing safeguarding policies to ensure continued compliance with the latest regulatory requirements. All the relevant members of St Andrew’s completed PVG training in September 2023.

I attended a Charity Trustee Training and Networking Evening in Aberfeldy on 5[th] February 2025 and will be attending the Safeguarding Conference – Diocese of St Andrews, Dunkeld and Dunblane on Wednesday, 29[th] October in St Matthews Church, Tayside Street, Perth.

Lay Representative’s Report

As St Andrew’s Lay Representative, I was present at the Annual Synod Meeting in Perth Cathedral. Net Zero was very much to the fore, as was agreeing an adjustment on a Canon covering the appointment of a new Bishop. Caring for Creation, the Energy Performance Certificate and grant applications were also covered.

I attended the first Dunkeld Area Council meeting at St Columba’s in Stanley where we resolved to support each other with information and experiences. Unfortunately, I was unable to attend the second meeting in September.

ST ANDREW'S EPISCOPAL CHURCH

REPORT OF THE VESTRY (continued)

Property Report

Another busy year in maintaining and improving the fabric of the church. Work has been ongoing to further reduce water ingress into the church from the exterior, with some benefits already evident. It is welcome that responsibility for ensuring that the various matters are taken forward, is now being shared by Vestry members in the absence of a designated Property Convenor.

The relevant investigations and preparation are underway, so that grant applications may be submitted for the further fabric repairs that are required.

Roof

Grounds

Interior

Work currently ongoing / being arranged

ST ANDREW'S EPISCOPAL CHURCH

REPORT OF THE VESTRY (continued)

FINANCIAL REVIEW

Total assets are £145,862 as compared with £143,036 last year, an increase of £2,826. To maintain a net surplus in the bank account, £5,000 of invested funds were sold; in addition, £7,500 was sold to cover the outlay for church repairs; this resulted in the surplus of £1,602 in Receipts and Payments, comparing with a deficit of £12,706 last year.

This year, although giving in the Open Plate has increased, there is a significant reduction in Pledged Giving; Donations increased substantially — largely due to 2 generous donations totalling £2,000 towards the roof repairs. As usual the church members expended much effort in fundraising initiatives, including publishing a recipe book and hosting a very successful barbeque. Sadly however, this year we were not allocated a week in the Thrift Shop, usually our most lucrative annual fundraising event. GE 2¢:formance has not been particularly good over recent times, so the Diocesan Administration Board advised a transfer into the Unit Trust Pool (UTP) of the Scottish Episcopal Church (SEC) due to its better performance. Another advantage is that UTP is managed specifically for the SEC, so conforms to its ethical investment policy. Overall, investment dividends are little changed, however this includes only an early dividend from SEC, with the remaining 3 months still to come.

The main outlay this year has been the repair of the roof including replacement of the broken ridge tiles. There are encouraging early signs of reducing internal dampness & no further evidence of[frank][ water][ingress.]

St Andrew’s continues to contribute a 30% share to the Linked Charge expenses.

Plans for future periods

Our involvement with members of the other churches in the Charge continues, as does our sharing services with the Kirk. Planning for the retirement of our rector is ongoing, as is updating our Five-Year Plan. We hope to continue the improvement of the fabric of the church by addressing the issues with the external walls, this will necessitate grant funding in addition to our fundraising efforts.

Reserves

The Vestry has adopted a policy of trying to maintain a level of unrestricted reserves, such that, in the event of a significant drop in income, the church would be able to maintain its current level of activities for, at present, comfortably more than a year, until replacement funding obtained. We are hopeful that the change of investment placement will generate improved dividends. The main expenditure will continue to be for maintenance/repairs, anticipated to be in excess of £50,000 over the next 5 years.

Statement of the Vestry Members’ Responsibilities

The members of the Vestry must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Church during the financial year. The members of the Vestry are responsible for keeping proper accounting records which, on request, must reflect the current financial position of the Church at that time. This must be done to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of the Church and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.

On behalf of the Vestry

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one (4/0/2025
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INDEPENDENT EXAMINER'S REPORT

TO THE VESTRY OF ST ANDREW'S EPISCOPAL CHURCH

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| report on the accounts of the charity for the year ended 30 September 2025 which are set out on pages 11 to 15.

Respective responsibilities of Vestry Members and examiner

The Church’s Vestry Members are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) 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 2006 Accounts Regulations. 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

have not been met, or

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

a

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ST ANDREW'S EPISCOPAL CHURCH

RECEIPTS & PAYMENTS ACCOUNT

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Notes
Receipts
Pledged Giving
Open Plate
Donations
1
Tax reclaimed (Gift Aid)
Investment Income
2
Sale of Investments
12
Bank Interest
Fundraising with Donations
3
Special Collections & Gifts
4
Other Income
5
Payments
Stipend & Pension (shared)
Linked Charge Account
6
Quota
7
Property Expenses
8
General Expenses
9
Rector’s Expenses
10
Fundraising Expenses
3
Special Collections & Gifts
4
Governance Costs
11
Purchase of Investments
12
Total Payments for Charitable Activities
Donations to other charities
4
Net receipts/(payments)
Surplus / (Deficit) for Year		 2025
Unrestricted
funds
6,488
3,303
623
2,581
2,930
66,816
91
−
60
160
£83,052
12,688
0
2,864
3,729
1,209
595
−
0
150
61,816
£83,051
60
£83,111
(£59)		 2025
Unrestricted
funds
6,488
3,303
623
2,581
2,930
66,816
91
−
60
160
£83,052
12,688
0
2,864
3,729
1,209
595
−
0
150
61,816
£83,051
60
£83,111
(£59)		 2025
2025
2024
Restricted
TOTAL
TOTAL
funds
FUNDS
FUNDS
800
7,288
8,278
-
3,303
2,858
2,128
2,751
875
261
2,842
3,129
−
2,930
3,135
7,500
74,316
4,000
142
233
519
1,474
1,474
2,776
−
60
1,265
−
160
317
£12,305
£95,357
£27,152
-
12,688
12,846
−
0
(112)
-
2,864
2,872
10,613
14,342
20,747
−
1,209
954
−
595
708
31
31
177
−
0
1,190
−
150
300
−
61,816
£10,644
£93,695
£39,683
−
60
175
£10,644
£93,755
£39,858
£1,661
£1,602
(£12,706)

ST ANDREW'S EPISCOPAL CHURCH

STATEMENT OF BALANCES AS AT 30 SEPTEMBER 2025

Notes 2025 2025 2025 2024
Unrestricted Restricted Total otal
Funds Funds Funds Funds
Bank & Cash-in-hand
Opening balance 5,484 5,965 11,449 24,155
Surplus
/ (deficit) foryear		 (59) 1,661 1,602 (12,706)
Closing balance £5,425 £7,626 £13,051 £11,449
Investments 14
*
Diocese		 67,827 67,827 61,050
¢
sStAndrew's		 49,999 49. 999 49.916
fotal investments £117,826 £14,324 £132,150 £130,926
Total Cash and investments £423 251 £21.350 £145 201 £142 375
Other Assets
tinked Charge Deposit & 661 . 661 661
TOTALASSETS £123,912 £21,950 £145862 £143,036

a . the Vesti on andtheir penal

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ST ANDREW’S EPISCOPAL CHURCH

NOTES TO ACCOUNTS FOR YEAR ENDED 30 SEPTEMBER 2025

GENERAL ACCOUNTING POLICIES

Basis of Preparation

The accounts have been prepared on a receipts and payments basis. They consist of a summary of all monies received and paid via the bank and in cash by the church during the financial year, along with a statement of balances. No adjustments have been made for any income due but not received, nor for any expenses incurred but not yet paid at the year−end. Except for investments, fixed assets are not capitalised. If no restricted funds are shown in a section, it indicates that that particular section contains unrestricted funds only.

Funds

The various funds are held for the following purposes:

Unrestricted Fund

Restricted Funds

General Funds
Restricted Funds		 2025
5,425
7,626
£13,051		 2024
5,484
5,965
£11,449		 2024

Shared Costs

St Andrew’s is responsible for meeting 30% of the costs of clergy (including expenses associated with travel and accommodation) sharing the cost with the other 3 churches in the Highland Perthshire Linked Charge, with whom they share the rector.

Church Building

The church is not shown in the statement of balances. The Vestry believes that it is not possible to place a market value on it. The valuation of the building for insurance purposes is £2,342,065 and the contents £167,012.

1 DONATIONS

There was a total of £2,128 into the Fabric Fund which included 2 large donations totaling £2,000 given specifically for the roof repairs; other donations include general donations and for the purchase of new Blue Service Books.

2 INVESTMENT INCOME

£1,069 from M&G; £945 from Evelyn Partners; £916 from the Unit Trust Pool of Scottish Episcopal Church, the latter May – June only

ST ANDREW'S EPISCOPAL CHURCH

NOTES TO ACCOUNTS continued

3 FUNDRAISING EVENTS & ASSOCIATED DONATIONS (Restricted Funds)

Gala
BarBQ
Grandtully Sales Table
Recipe Books
Church History/Guide
Garden Produce
TOTAL		 Income Income Expenses Surplus Surplus
417 1 416
440 − 440
329 30 299
95 − 95
72 − 72
121 − 121
£1,474 £31 £1,443

4 SPECIAL COLLECTIONS & GIFTS

£60 was collected at the Christingle Service and donated to Children’s Hospices Across Scotland (CHAS)

5 OTHER INCOME

Unrestricted Restricted Total
Tummel Income 102 − 102
Easyfundraising 58 − 58
TOTAL £160 − £160

6 LINKED CHARGE

A deposit of £661 that makes up St Andrew’s share of the working capital is retained in the bank account of the Linked Charge. All expenses are shared as usual with the other member churches in the Linked Charge.

7 QUOTA

As a member of the Scottish Episcopal Church, St Andrew’s has an obligation to contribute to the costs of the Diocese and the Province through payment of an annual ‘quota’. This amount is based on the relative level of accountable income of the church in comparison with that of other churches in the Diocese and Province. During this year it has increased from 16% to 16.5%.

ST ANDREW'S EPISCOPAL CHURCH

NOTES TO ACCOUNTS continued

8 PROPERTY EXPENSES

2025
Unrestricted
2025
Restricted
Heat and Light
473
−
Church Insurance
2,326
−
Rectory Council Tax
752
−
Rectory (Pitlochry)
178
−
Repairs & Maintenance
−
10,613
TOTAL
£3,729
£10,613		 2025
Total
473
2,326
752
178
10,163
£14,342		 2024
Total
1,002
2,127
746
539
16,334
£20,748

Repairs & Maintenance

Costs include: Roof repairs £5,120; Outside Materials (Ridge tiles, Slates, soil etc) £4,702; Gardening £468; PAT Testing £100; Removal of wasps’ nest £85; Fire Check £138

9 GENERAL EXPENSES

2025
2025
Unrestricted
Restricted
Stationery & Postage
428
Copyright Licence
198
−
Advertising
0
−
Architectural Prints
−
−
Scotland’s Churches Trust
50
−
Ministry Events
178
Flowers
0
−
Beverages
15
−
Church consumables
237
−
Blue Books
103
−
TOTAL
£1,209
£0		 2025
Total
428
198
0
−
50
178
0
15
237
103
£1,209		 2024
Total
353
194
181
77
50
44
34
14
7
−
£954

10 EXPENSES PAID IN RESPECT OF THE RECTOR

Mileage
Telephone
Conferences/meetings

TOTAL*		 2025
598
108
(111)
£595		 2024
495
108
105
£708

* The figures include a credit of £125 received for a Clergy Conference in 2022 that was cancelled

11

ST ANDREW'S EPISCOPAL CHURCH

NOTES TO ACCOUNTS continued

GOVERNANCE COSTS

Legal Fees (Title Deeds Registration)

Independent Examination

**TOTAL **		 2025
-
150
£150		 2024
150
150
£300

REMUNERATION AND EXPENSES PAID TO VESTRY MEMBERS

A total of £115 was paid during the year to Vestry members in respect of general costs incurred in services to the Charge. None of the Vestry members received any remuneration relating to their position as Vestry members

The Rector received stipends (and pension contributions) in accordance with the SEC approved stipendiary amounts for her post as Rector.

No other transactions were made with Connected Persons.

12

INVESTMENTS

NVESTMENTS
Diocese
Unit Trust
Pool (SEC)
Market value
at beginning of year
£0
Purchase/Sale of
Investments
61,816
Management Fee
(157)
Gain/(Loss) in year
6,168
Market Value
end of year
£67,827		 Strathtay
Evelyn
Partners
£61,050
(61,816)
(508)
1,274
£0		 St Andrew’s
Church Fund
M&G
£49,916
(5,000)
-
5,083
£49,999		 St Andrew’s
Fabric Fund
M&G
£19,960
(7,500)
-
1,864
£14,324		 TOTAL
£130,926
(12,500)
(665)
14,389
£132,150

Sale of Investments

 Evelyn

On the recommendation of the Diocese, the investment in Evelyn was transferred into the Unit Trust Pool of the Scottish Episcopal Church (SEC) where there should be better returns and it is run in line within the ethical policy of SEC. £157 is a Transfer Fee and there will be no further annual fees for the SEC investment. 

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