St VinCen￿S Chapel. Stockbridge
13 St Vincent Stree( Edinburgh EH3 6SW
Regisiered Scottish Charity SC 023274
Report and Accounts for the year ended 30 September 2025
Charity Trustees:
The Revd John Penman (Pri¢st-in-charge)
Vestry Members: Bridgei camp￿11 (Secrelary)
Lynn Chapman (Treasurer)
Jane Gauld
Franklin Lau
Rachel Macdonald (until April 2025)
Barnaby Miln
Ruth sL￿k MBE (Lay Rcpresentative)
Oliver Thomas {Chairn]an)
Gavin Watters
Gery Wells
Independent examiner
Susan Jarvic
Bankers
Royal Bank of Scot]an(L 36 St Andrew Square, Edinburgh, EH2 2AD
Annual Report of the Vestry
The MeM￿[S of the Vestry preseni their annual RerK)rt and Accounts for the year ended 30
September 2025.
Status of Congregation
We are registered as Scottish Charity SC 023274.
We are a congregation whose purposes are to worship God and serve our local community. We
belong to the Diocese of Edinburgh in the Scottish Episcopal Church (SEC). We are subject to the
Canons of the SEC and to the resolutlODS of its General Synod.
We pay an annual quota to the Diocese of Edinburgh. We are represen*d on the Diocesan Synod
by our Priest-in-charge and Lay Representative.
St Vincent's is a rnember of the Forth Area Council of the Diocese of Edinburgh and Comely Bank
and St(Kkbridge Churches Together.

B¢twe¢n 1971 and 2021 the building of St Vincent's was owned by the Commandery of Lochore of
the Order of St Lazarus. The church building w&$ gifted to the Vesty on behalf of St Vincent'5 in
2022.
The Revd John Penman is our PriesI-in￿ha[ge, supp)rted by Assistant Priests the R¢vd Linda
Harkn¢tt (until August 2025), the Revd Prof Canon Michael Hull and the Revd William Mounsey.
The clergy a￿ supwrted by our SacTislan Team.
Worship
Our nonnal pattern of worship is the 1929 Scottish Prayer B(K)k Eucharist on Sunday at 10.30am.
Ther¢ is also Evensong at 6.00pm on Sundays, alld Euckwist on Thursdays at I I.00am.
Overall numbers attending services remained steady. The mov¢ towards a younger and more diverse
demogrdphic continued. While some joung families and couples moved out of Edinburgh. others
joined the congregation. Average altendance at Sunday morning Eucharist was 41. at evensong on
Sunday 7 and at Thursday morning Eucharist 7.
3 baplisms, 3 weddings, I blessing of a marriag¢ and 2 mernorial services took place. 15 home and
hospital communions were made.
We marked all the major events in the church year. OUT Director of Music for Services organized
Sp￿la1 services enhanced with music from gu¢st choirs to mark Advent and Mothering Sunday.
Bishop John and Mrs Arnies joined us to celebrate St Vincenl"s Da)..
Many "helping hands" from among our members welcom¢d the congregation. read lessons and
prayers, prepared pew sheels tended the garden. served refreshments. dealt with banking
collections and decorated our church beautifully with flower5. All these activities were coordinaled
by volunteers. We also paid for some extra administrative suptx)rt.
Other events, activities and achievements
Chariti
W¢ gav¢ mainly lo three charities: Bethany Christian Trust, A￿rloUr Child Care Tn￿( and ZANE-
Zimbabwe A National Em¢rgency.
Social events
Our inforniai social group The Invincibles met monthly. We organized other enjoyable social
events including a Christh)as party for the congregation, a summer party for the benefit of Horatio's
Garden and a Harvest Supper with an auction for the benefit of our three chosen charities.
Community of our building
We continued to hold an entertainment licence from the City of Edinburgh Council. Our building
was hired out extensively througbout the year to many and varied external individua15 and groups,
particularly local residents and musicians. ￿h0 appreciat¢d access lo our pianos. We reviewed and
revised our hire charges lo reflect increascd running costs and regulaT Usage. new rales in
effect from January 2025.
Organized by the Edinburgh Sacred Arts Foundation. the Festival of the Sacred Arts w&s held on
10-16 August and St Vincent's hosted several of that Fesiival:s events &s ￿'ell as others in the

Edinburgh Festival Fringe. In September the charity TaplntoIT began a l O-week series began of
free weekly sessions to help the over-60s with IT.
Outreach
Al Christmas and on Good Friday we took part in interdenominational Christian outreach in
Stockbridge organized by Stockbridge and Comely Bank Churches Together. We also opened our
building to visitors for the Door5 Open Day weekend in September and welcomed nearly 300
visitors.
Propety
Some furniture belonging to our fomler landlord was removed from the undercroft. as well as the
redundant boiler. We made improvements to our sound system, including moving the sound deck
from the pulpit to the gallery and relaying services into the refectory.
A quinquennial review of our building was carried out by architect Rosalind Taylor. She recognized
that St Vincent's continues to be well looked after and the issues which had been tackled since the
last review. She identified a few issues, mostly relating to drainage, which need to be tackled
urgently. Action was begun to address ihe most urgent of her recommendations.
We continued ￿ collect inforniation and ideas from the SEC Net Zero Action Team and other
congregations about how we can take further action to move towards Net Zero Carbon.
Communications
Our magazine, edited by David McDowell and available online and in hard copy, had 6 editions.
Our website (www.slvincentscha el.or
.uk) was kept up to date and included a calendar of
forthcoming events, the curreni edition of our magazine, photOgTraphs and inforn)ation. We also
communicated via WhatsApp. new5 eTnails and infonnal Tneetings.
Diocese
We look part tn the DTocese of Edinburgh's Big Day in June to exchange ideas with other
congregations in the Diocese. We contributed our profile to the Diocese and ide&s aiK)ut what we
are looking for in a Dew bishop to help prepardtion5 for election of a new Bishop. following the
Tetirement of Bishop John Arn]¢s in August.
Financial affairs
St Vincent's relies on the generosity of its members. including Gift Aid, for most of ils fill)ding.
Income from letting our building for use by the conununity and musicians has increased.
We hav¢ a v¢ry small surplus this year due to not yet being in a position to submii th¢ Gift Aid
claim resulting in reduced income tplease see Finance Schedule and accompanying Notes to
Accountj.
In January 2025 we increased the proportion of stipend paid to our priest-in-charge to one-half
stipend per annum to allow him to spend more time leading our congregation.
Whilst ownership of the church building has been transferred to St Vincent's, registration of title
has still to be concluded by Registers of Scotland.111 The income from an endownent provided by
the donor of the building and invested in th¢ SEC Unli Trusi Pool h&s been used to maintain the
fabric of the church.

I We have subsequenlly received confirmation that ihe ti¢le deed wa5 regijlered lo Si Vincenl's on 13
January 2026.
Our longer temi financial objectives ar¢ to ensure the building is properly maintained. to provide a
heating system which helps us move towards Net Zero Carbon and to build up the Future Clergy
Fund. This is so that the income deriving from it can support not only the cost of a part stipend for
a fUtL￿e priest but also possibly contribute lowards their accommodation.
Constitution and Vestry
The Constitution was adopted in 2007 and last amended in 2018.
The Priest-in-charge is a member of the Vestry ex officio as are the Treasurer and Secretary; the
Lay Representative and Alternative Lay Representatives are also officers of the V¢slry' other
members are elected by the congregJation. The congregation are the cornmunicants of at least
sixteen years of agc whos¢ names ar¢ on the roll of communicants.
James Holloway (Chairnw)) and Andrew Milner (Treasurer) stood down from their roles and the
Vestry at the Annual General Meeting on 24 November 2024. Oliver Thomas and Lynn Chapman
became Chairman and Treasurer respectively on the same date. Oliver Thomas stood from
the Vestry and his role as Chaim)an at the Annual G¢neral Meeting on 30 November 2025. John
Penman acted as Chairnian of the Vestry until Gavin Watters took on the role of Chairnian on 20
March 2026.
The members of the Vestry are all charity trustees for th¢ Charge and are responsible for th¢
management of the secular affairs of Si Vinc¢nl's, including compliance with the requirements of
the Charities and Trustee Investment (Scotland) Act 2005. The list of n]embers appears at the
begilming of this report. The Vestry m¢1 five times during the year.
The members of the Vesty are graleful for a gyr¢at deal of assistance and support from very many
members of the congregation during the year.
201

STMNCENfs CHAPEU STOCKBRIDGE
svA￿mEPlT0F RECEIPTSAND PAYMENTS FOR THE YEAR ENOED 30TH SEPTEMBER 2025
Unr••irkt•d
Re•trfjcted
funds
Total
2025
T(lal
2024
m•lTht•nanG•
fvr
Not••
RECEIPTS
v0￿rtary ro¢•￿1
Church or*￿ng5
DonHtion5 arvj glts
r￿ftaid rgdaim
32.374
2.177
15.119
655
47.493
2.732
47.204
1.990
6.218
55.412
Note 2
34.551
15.674
50.225
Roc•W from Gharltabbtr ac1￿￿￿&8
Public use of church
R•¢•W¥ kn tradlng activhl17
Private use ofchurth
R•¢elpt• from kN•ilmerrt•
Us)itTrusl income
BaThk intsrtsst
9253.95
9.254
9,873
2.505.06
2.505
2,397
Note 3
NotÈ 3
3.569
594
7,208
198
7A06
10.777
791
73A53
9,471
15.674
77.t53
PAYMENTS
Paym•nl8 for chaittabb• actNfltbD•
Churf* bullding
Clgrgy suppcfft
Church 59rvi
erthurth expers¥es
Donation5
profes￿0￿31 Fee5
No*4
Note 5
NolB 6
Note 7
Note 8
Note 9
17804
S55
18.834
8,925
27384
18,834
9,968
12241
1.441
1,950
71.817
18,684
11,892
11,126
8.912
2,100
9.968
12241
1,441
1.950
10.875
41.554
19.389
52,714
3.219
55,933
Purchaso offixed asyets
TrA¥l pjymgnts
ID•lkttlfor th• y••r
8.919
3.714
1,736
21220

sT¥￿cE11T$ CHAPEU STrXKBRll>GE
STATEMENT￿ BALANCES AS AT 307H SEPTEIABER 2025
FUNDS RECONCKIAIIIXI
T(*al
2025
Tthl
2024
Bo1oNtA •tbgglnning 0f￿r
Surplu5 IDefitill fv)r the yfjor
Tr8nsfpr be￿een fvJnd5
Ball￿* at •thJoly•*r
34,744
8919
37.5ryJ
3.714
27.770
3A69
100.014
1.736
78,794
21220
43A63
33.7U
24JOI
101.750
100
14
BANK BALANCE8
Gènernl CU￿e￿I ALtounl
Commandery Endowrr*nl CuTheTrtko)unt
Events CuryenlAccounl
8ulAot•l curr•rrt •ccourt•
Genernl Liquidity Manao•rl35 day notic*) Iwjunl
Commandory Endowmnl Liquidlty Manager135 daynoknlka¥Jrrt
Tatsl al
11.384
4,683
1.615
17,882
60.594
23.474
101.750
79263
20.751
100,014
100 014
INVÈSTMÉPIT•
Un*•
Colt
IA•rk•t
¥4lu•
rk•t
v•lu•
SEC UTP uThlts
norn1 FI￿￿
D•*in•knd d•mknr
26.855
33.[
59.855
193.516
253 371
53,884
66.213
120.097
242.559
382 655
49.341
60.832
109,973
222.112
332 085
SEC UTP Unlts
EyWnd8b￿ Er￿y￿FUTrd
OESIONATEO FUNDS
Tol•l
2025
T4*al
Z024
Fund
Fund
bJl•r** ofy••r
Surplus Idelcill *y the ￿￿[
7.020
20.750
3,469
27,770
3.469
18.488
6.334
4.968
17
FIXED A88ET8
Unrn8trlclDd Fur
Renovatod kltrknen and I￿let18￿1119
AddlOon¥ b ar￿ ImprDverrnnlofbulKling
V•¥trn•nt¢)JpbNrfs, InG£1000 giftln 2012113
Furnlshlngs (Wo￿￿0Th ofaddilonal oxtymal ￿￿111tylryI 20171
8n(J other e4ulpmht
Ilf• ex￿￿•*￿•*1201T1 •At•wlnkJ•f20181
R•plorAm¢ni stone ¢yo$4
Pl•no+frJrr• Jul.19
Inoudon loDp Feb.23
R8dlab)r5 F8b-23
Rqdiator¥ Ctt-23
Fr•mgd Ilstofdorgy
17.172
13.114
3,737
17.172
13.114
3.737
7,064
2.347
4.856
6.414
1.775
1.244
2,298
921
2,347
4,858
8.414
1,775
1244
2,298
921
I Ilthd 8tcost
aid 01£86 relwting &shopts LentAppoal dLwtion¥ hu bv•n pwd bth• dKK•W and ￿11 b• r•dalm•¢ Imm HMRC
FrBvdvlenl insuranc• pa￿￿n[S *)tylllng £192 h•¥Y t••n r•fvnd•d ¥f•r 30 S•pknrrl)or 2025
Crodlt)rn'. Fvnd¥to*llirg £461 W•TO *ythro• rrf>nwnalJl c*wty•s tsjtpaid outatsr 30 S•pknrthr2025
Th• note¥on thefrJllDWiTrJ pa￿tr)rman inkngral p8rt0fl￿ ac£tsJnts
Awov•d tyth• V••try ￿21th Jun• 2026 •NI •lw*donth•tr b•h•V
Achapman
Trea￿rer
n Vlallèrs
Chaifman
2 4 Ja26

ST VINCENfs CHAPEL STOCKBRIDGE
NOTES TO THE 2025 ACCOUNTS
1. Gengrnl Infomiatlon
8asls of preparntlon
The accounts have been prepared on a receipts and payments basis. They comwse a summary of all
monies received and paid through the bank and in cash by the church during the financial year. together
wrth a statement of balances. No adiustmenls have been made for any irm due but not yel received,
nor for any expenses incurred but not yet paid at the year end. Fixed assets aTr ¢8Prtalised. bul a
summary is induded in thè arA￿unts.
Funds
Unrestrtcted Funds
Unrestricted funds are those that may be used al th8 disuetth of the Vesty in furth&Tar￿ of th8
hurch's obj'eclives. The uninvesled general fund has reduced very slighyy in 2024125. but this will b8
reclified once gTft aid is received (see note 131. Althwh induded in general funds. the Vesty has
decided that, rf any legacies are receNed. they should be eannarked lo ensu￿ that they are retained
fLY wrposes which it bdi8ves are appropriate lo the don￿. The fuThJ Currently stands at zero.
DosIgn4t￿ Fund$
Future Clergy lund exists to anocate church funds to aNJ deryy support. Thls Is supported by funds
lrnnsferred fmm the general fund as agreed by the Vesty. The￿ have been no transfers from the
general fvnd during this financial yew as &ft Aid has Th)t yet b88n daimed.
The Designated Building fvnd was created to provth for building Maintenan￿ costs. Funds are
transferred from the general fur￿ ar￿ investm&nl incthne frnm the SEC Unil Trust Pcd unlts Is allocated
directly lo this fund. There was a deficrt of £3,469 and the fijnd cJJrrenUy stands at £17.281.
Roslrlct•d Fund•
Restricted funds may only be u$8d forspecfft wrwse$. Restrictions arise when specrfied by the dcmor
orwhen funds are raised for specrfic purposes. During the year the church continued to receive offerings
specrfically intended for supwrt of the clergy. As in the pwious year these were credited lo a restricled
Clergy SupFxyt fund. to which the relevant costs incurred during the year were charged. In ada￿lon.
£555 was donaled for a caw thnng this financial year.
Reser￿ Polky
The Reserve$ Poliry Is to keep on8 yea￿S expenditure in genwal unrestiithd fttnds. to guard against
any decline in Ir￿rne. particularly that assccialed with changes in membership of the church. At th8
year•nd. General Reserve (cash) wa$ £43.663 and Genet81 Reservé (SEC UTP investments) was
£53,884.
Church bulldlng
(Jvnership of the building had tthn transfer￿ to wr cxxvJeg8tion on 24 March 2022 but reglstration
of the t￿8 d8ed by Regislers of Scotland had still not been com5￿eted by the end of the financial year.
however, we have subsequently receiv&J confinnation that the trtle deed was regi$l6red to St Vincent's
on 13 January 2026.
The V8sty have d6cKled lo cary out an iThJe￿nI wOfess￿l valuation of th8 building as the
cost is likely to exceed the benefits provthd by the infom)ation.
The asset is theref￿e not rec4nised in the acC￿nIS.
Speclal collectlons
During the year money vms raised from events iThJ¢￿Tr￿ent of the ncrnl operation of the church
(Harvest Supper, Children's Christmas Service. et¢). These are banked and paid out to those
organisats.ons whith rt was ¢dlethd. They are not included in the receipts and payments of the
church, as the church was acling as an agent for a third party. (See Note 11)

Payments
No costs were incurred for govemance or in respect of trading activities. Costs v4hich may be set
against letting (healing, lighb'ng, cleaning, piano tuning) are considered part of the general church costs
and have rKfyt been apporb.oned separately.
2. Donatlons and glfts (income)
2025
2024
General donations
896
1,990
Donations for flowers
820
Donation for carpet
555
t)onations for nominated charities
from Vesty Christrnas drinks and
Children's Chri5tm8s Service
461
2.732
1,990
3. Rgcolpts from Investments
The Fubjre Clergy Fund and a part of the church's general funds have been held in a Scottish Episcopal
Church unit Injst since March 2017. Income distributions from the unit trusts were received on 21
February 2025 and 22 August 2025. The income eamed from the Endowment Fund investments and
the Commandery Liquidity Manager account was allocated lo the deswnated building fvnd.
4. Church bulldlng
2025
2024
Utilrties
7.906
9.203
Cleaning
2.735
2.323
Repairs and refurbishment.
13.263
4,160
Insurance and rates
3.480
2,998
27,384
18,684
2025 figure includes one-off cost relating to boiler removal1£8,1651
The costs relating to the boiler removal and other building maintenance have been CA)vered by the funds
designated for this purFX)se.

5. Clergy costs
2025
2024
JP stipend and pension
contribuiions. plus Clergy
Conferen
18.834
11.892
Clergy. asgxiate & ILum ckrgy.
18,834
11.892
6. Church Sor￿CeS
2025
2024
Organists aThJ music
8,920
Flowers, semce sheets. etc
1,581
Flowers
Service strwts, etc
Materialslworship related (£6ts
892
625
11,126
7. Oiher church expenses
2025
2024
Dio(xsan quola
5.624
4.674
Administration
3.8
1,786
Publicity
322
Entertaining
98
Magazines and pubIut￿nS
251
Music
924
Legal a¢fvice not property related
1,140
Public Entertainmnt Licen
1.177
Other
375
508
12.241
8,912

8. Oonallons
2025
2024
Abedour, Bethany Christian Trust.
Sparkes Hofne
1,500
Aberfour Child Care Trust
Bethany Christian Trust
5(Ml
ZANE
375
Sacred Arts Foundation (donation
repla￿d by zer[F￿$t hire for
festival for 2025}
600
Bishop's Lent Appeal (Gift Aid to be
reclaimed)
66
1,441
2,100
9. ProfBs$ional sarvlces fees
2025
2024
Surveyor's fee for Quinquennial
report
1,950
1.950
10. Purchase of Assets
2025
2024
List of Glergy12023141
921
Addition81 radiators (202314)
2.298
3.219
io

11. Specl•l collèctlons
During the year sums were raised from the Harvest Festival auction, the pTrChrislmas paty and
the Children'5 Christmas Service. These donab'ons were split befvleen the three nominated
charities., they are not treated as church income.
2025
2024
Ab8rtour, Bethany, Sparkes
747
Aberlour Child Care Trust
Bethany Christian Trust
100
ZANE
100
299
747
12. Romuneratlon. Exp8ns85 and Declaratlon5 of Interest of Vestry members
No Vèsty Members received expenses. No Vesty members received remuneration other than our
Priest in Charge. He is being paid a ong-half sts.pend per annum lincreased from one-quarter with
effect from 16 January 20251 and corresponding pension as per Diocesan standard conditions.
Declarations of interest have been made by Bamaby Miln. a trustee of the Sacred Arts Foundation.
A donation has been made lo this charity in pnor years- it was agreed by the Vesty to support a
proposal lo replace this donation wrth zer¢>COSt rental of the premises for the Sacred Arts Festwal
for 2025.
13. Glft Ald to bo roclalm
Gift forth8 L￿-year2o24-2025 is still to bè redaiff*d as various checks need lo be made beforo
the claim can be submltted to HMRC.
In addition. donations were rece¢ved for the Bishop's Lent Appeal in specific Gift-Aid envelopes. 11
is the re5ponsibilty of St Vincent's to claim the Gift Aid and p85S this on to the Diocese. We have
paid the grossed-up value of the donab'ons lo the Di0￿san Acix)unt so will retain the Gift Aid once
it has been daimed.

Independent Examiner's Report to the Vestry of St Vincent's
Chapel, Stockbridge
Registered Charty number SC023274
I report on the financial statements of the charity for the year ended 30 September
2025 which are set out on pages 5 to 11.
Respecllve re8pon8ibilities of Trustees and Examiner
The Vestry is responsible for the preparation of the accounts in accordance with the
tems of the Charities and Trustee Investment (Scotland) Act 2005 (Yhe 2005 Act.)
and the Charities Accounts (Scotland) Regulations 2006 (as amended). The Vestry
considers that the audit requirement of Regulation 10(1)(d) of the Accounts
Regulations does not apply. It is my responsibilty 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 Examlnor's Statemont
My examination is carried out in accordan￿ wrth 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 consKleration of any unusual items or disclosures in the accounts
and seeks explanations from the Vestry con￿mIng any such matters. The
procedures undertaken do not provide all the eviden￿ that would be required in an
audit and, consequently. I do not exp￿5 an audit opinion on the view given by the
accounts.
Independent Examlnees Stst•mont
In the course of my examination, no matter has come to my attention..
1 which gNes me reasonable cause to believe that, in any material respect. the
requirements..
to keep accounting records in accordance with section 44(1)(a) of the 2005 Act
and Regulation 4 of the 2006 Accounts Regulations, and
to prepare accounts which accord with the accounting records and comply with
Regulation 9 of the 2006 Accounts Regulations
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.
29 June 2026
Susan C Jarvie
214 Ainslie Pla
Edinburgh
EH36AR