The Church of Scotland Irongray, Lochrutton & Terregles Church YEAR ENDED 31 DECEMBER 2025 RECEIPTS AND PAYMENTS ACCOUNTS Congregation No:. 080458 Scottish Charity No:. 033058
Reference and Administrative Infomiation Charity Name: Charity Registration Number.- Congregation Referen No-.- Contact Address: Irongray, Lothrirtton &Terregles Church SC033058 080458 The Treasurer Trustees Alexander Dickson Karen Whelan Eric Thomson Margaret Fitzsimon Shirley Parker Muir Hunter Sharon Hiddleston James Kerr Main Douglas Helen Mcconnachie Amelia Nicholson Carol Scott Heather Thomson Rhona Dickson Daphne Comer Margaret Nicholson (from 09102r25) Linda Dickson (from 091021251 John Bryden (until 21110f25) Mamie Johnstone (until 21110r25} Alan Telfer (until 21110125) Thomas McComick{untl 21110r25) Helen Buchanan (until 21110125) Agnes Kellar (until 21110125} Jean Mcclelland (until 21110125) Principal Office-bearers Minisler.- Session Clerk'.- Deputy Session CEerk:_ Church Treasurer'.- Rev Gary Peacock Mr Ajexander Dickson Mrs Karen Whelan Miss Ann Walsh Independent Examiner J T Rennie & Co Accountant5 5 Buccleuch Street Dumfries DG12AT Bankers Bank of Scouand 91 High Street Dumfries DG1 2BN
Trustees, Annual Report Year ended 31 Decemb8r 2025 Structure Governance and Mana ement Governing Documont The Church is administered in accordance with the lerms of the Deed of Constitution Iunitsry Forml. Recruitment and Appointment of Trustees Members of the Kirk session are the charity trustees. The Kirk Se55ion members are the elders of the church and are chosen from those members of the church who are considered to have the appropriate gifts and skills. The minister, who is member of the Kirk Session, is elected by the congregation. Organisational Structure The Kirk Session is chaired by the minister and meets four times in a year. Certain responsibilities are delegated lo the Finance Committee and the Propety Committee as appropriate. The Kirk Session is responsible for spiritual and temporal affairs within the church. Objectives and Activities The Church of Scotland is Trinitarian in doctrine, Refomed in tradition and Presbyterian in polity. 11 exists to glorify God and to work for the advancement of Christ's Kingdom throughout the world. As a national Church, it acknowledges distinctive call and duty to bring the ordinances of religion to the people in every parish of Scotland through a territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scolland and beyond. Achievements and Performance Events.. The Church again provided a sales table for the lent lun¢hes held in aid of Christian Aid in March A Sponsored Walk was held in Augusl and a Big Breakfast in November open to Songs n Scones moming events were held regularly throughout the year, open for all to attend. Hand of friendship joint lunch with St Michael's Church. Mince Pies and Coffee were provided for all to attend in December. Carol Singers, with rnin pies, joint event with local community council was also held in December. Grou slmeetin Session Meetings were held regularly throughout the year The Stated General Meeting was held in May.
Trustees, Annual Report {cont} Year ended 31 December 2025 Financial Review Overall, the church had a small surplus this year of £1,221 mainly due to bank inlerest income helping cover the losses from the day to day expenditure. The deficit in the general account required money to be transferred from the Fabric Account to provide cash flow and to ensure expenses were covered. At the end of 2025, the balance of the General Account was £9,994.05. While the Fabric Account balan was reduced to £15,035.31 General Account.. Despite fijndraising efforts continuing as prewous years our outgoings were greater than income by around £2,750. £4,500 was transferred from the Fabric Account, enabling cover the deficit and have a working balance over the year. The account had a balance of £9,994.05 at the year end. Income.. The income for 2025 increased by around £2,000. This included an increase of £677 through the generousity of the congregation,. an increase of £987 in gift aid from last year and an increase of £403 from fvndraising events. endilure.. Reduced from last year by around £3,400. This was made up of some reductions and some increases. Increases were to Giving to Grow, Pulpit Supply, Presbytery dues, Insurance, Organist costs. Council Tax increase. Some of this was mitigated by the shared costs of the minister now we are linked with St Michael's church. Reductions were made by having a new electricity contract and receiving refunds from amounts paid to the old contract, an overall reduction in spend for electricity of, £2,021. The other main reducts'on was in spend for stationary of £381. Fabric Account.. Spend from the fabric account was £1,715, this takes account of St Michael's contribution lo spend on the Manse. Income to the account was £3,236. Therefore income over expenditure was £1,521. This helped to reduce the impact of transferring £4,500 from this account to the general account to cover day to day expenditure. After transferring the £4,500, the yèar end balance left in the Fabric account was £15,035.31 Lookin Ahead.. Looking ahead, expenditure will continue lo be higher than income, but this is much less than the last years. Using reserves if required, the church is in a better position, not least because of the generous legacy bequeathed in 2024. Reserves Polic It is the Trustees, policy to hold reserves of approximately six months expenditure including designated funds. At the year end the Church held unrestricted cash fiJnds of £86,528.Whilst this represents just over tsvo years expenditure, it should be noted that £59,059 of this relates to a legacy provided in 2024.The increase in general running costs along with reduced income will requi funds to be used from reserves to be able to afford funning costs in fulure years. The Church also held £5,317 of restncted funds and £39,750 of endowment fvnds which have been provided for the purposes specified in Note 10.
Trustees. Annual Report {CODt} Yr ended 31 December 2025 Statement of Tru$taes' Re3ponslblllties The membets of th8 Kirk Session must prepare finanLi81 $tatem8nts whKh give sufficient detail to engbk an pppreciatson of the transact'ons of the Church dunno finanial year. The members of the Kirk Session are responsible for keeping proper accounting records whith. on requesL must reftect the finaneial possbon for the Church at that time. This must be done to ensure ihat the financial $13tem2nts CoMY wth Charitss and Truskes Inve$tm8nt {Scolland} Act ?01. thè Charities Accounts {ScoUand} regulations 2008 and Ihe Regulations Anent Congregational Finano approved by the General Assembly of the Church of Scotland 2007. They are aÈso Fespor*sIle for s8feguarding ass8ts of tho Chur¢h and musl take reasonabk steps for the prevention andloi delecb.on of fraud and other Irregular.eS. Approve¢J by the Tfusiees and signed on their behalr. K Whelan Acting Sesslon Clfrrk Date: 24th Pllarch 2026
Iron Lochrutton & Te l•s Church nd•nt Examiner's Rè ear èndèd 31sI Decembér 20 Inde rtho I report on the ¥¢¢ounts ol the charfty for the year ended 31 Decemb&r, 2025, which are $¢t out on pa9e 6 10 11. Re5ctIv• r••pon•lbilitl•s of tru•ts•s and •xamln•r The ch•rity's trustees arè responslble for the preparation of th& 8¢¢ounts in aecordan¢e wth the tem$ ol the Charities and Trustees Investment IS¢ollandl Act 2005 and the Charities A¢¢ounl8 IScollan¢l Regulations 2006 la5 amended). The charity truste¥$ consider that the audit requirement ol Regulation 10 111 lal to Icl of the Accounts Regulations do8$ not apply. It is my r$spon8ibility to exarnine the •ccounts as required under the section 44111 Icl of th• Act •nd lo state whether p8rticular mattars have come to my allenlion. 8a818 of Ind•p•ndent oxamln•r'8 •tat•m•nt. My exarnination Is carried out in accordance wlth Regulallon 11 of the CharWgs A¢count Iscotlandl Regulallons 2006 las amended). An examination includes a review of the accounting records kept by Ihg charity and a ¢omp8ri8on ol the accounts presanld wlh those records. 11 also includes ¢on8idera- tion of any unusual item$ or disclosures in the accounts, and ¥eeks explanatltsn¥ from the trust8•$ ¢onceming 8u¢h matters. The pro¢edures undertaken do not provide •ll the evidenc8 that would be requir•d in an audrt, and consequently I do not expres$ an 8udit opinion on the view given by the account8. Indopond•nt •xamln•r'8 ¥tat•m•nt In the cours• of rny 8xaminon, no matter h48 Corng to my attention.. which gives m• reenable caum lo believe that In any material r¢quir•m•nls.' lo keep a¢¢ounling records in accordance wfth Secb'on 44111 lal of the 2005 Act and Regulation 4 01 the 2006 A¢count3 Regulation8,' and to prepartr accounts whi¢h accord vlth thi •c¢ounting words ind comply th Re9ulation 8 of Ihe 2006 A¢¢ounts Regulations,. have not been met., oi to which in my opinlon, attenllon 8ttould be drawn In order to 8nable a proper under8landing of thg 8¢¢ounlB lo be r•g¢h¢d. Slgnod.. O*t•'. 2 £-'-fvl_k 20 Paul J Dickson Rennie Ac¢ountanls LiMed S Buccleuch Street Dumfries DG1 2AT
Irtsnr4) Chrli0 &"rtrreRles Churth Vorih¢yore#Jod Jl DEcembEr2O24 Unf¢5tncird liener&l Fund EndoMm¢ni Furtd Toial Fw$ 2024 Rtrkd Fund Funds 2$ 28.825 28.825 28.714 59.367 1.4QO 10,506 4.¥25 Chufiiknl¢ Activitic Oih¥T Trading AalYIII¢S 1.4 .297 7.4fi5 Tot1 Infame 48.607 49.908 104.912 ExpendllMlOn'. 48.334 35J 48.087 50.688 48,334 )3J 4J.087 50.088 Nct InCrn¢tI1Iurel TrMnl¢rn hetwetn 273 122VI 54.224 220 Ntl 114vtrneTrt fufjdi JJ 54,224 RttoTrrlll4llpn ToiMI bUkI lorwwTd 4.975 39.750 74.650 TotAI fund%cxrrlvl for¢vird 85.028 39.7JO 130.095 128.874
•tJl l)r¢wb¢rl• rMbMT 39.7AI 531595 IY.174 39,7* iJlJ95 118114 $tter Iijwi J30 15JYU sJi7 3K7YQ yji? Ix .rJ7I &317
Irongr#y Lothrutton and Terregles Church Notes to the FinAn¢Éal St#teTnents for year ended 31$l D¢¢¢mb¢r 202S Income from donations & leg8cie$ Unrestri¢t¢d Funds Restricted Fund$ Endowment Funds Total 2025 Total 2024 Offerings Tax recovered on Gift Aid Donations Legacies Other 20,329 7.436 1,060 20.329 7.436 1.060 19.976 6,448 2.040 59.367 250 28.825 28.825 88,081 Income from eharitsble aeiivitie5 Unr¢strÈcted Funds Restricted Fund$ Endowm¢nt Funds TotAI 2025 Total 2024 Wedding and Funera15 Special ¢oll¢ctions 1.400 1,400 1.41K> 133 133 1,400 1,5.13 1.400 Income from other trading Attiviti¢$ Unrestricted Funds Restricted Funds Endowment Funds Tot*1 2025 Totsl 2024 Rcnt received Other Income Fundrdisin8 ew¢n15 ,765 6.772 -1,548 12,085 1,765 6.772 3.548 12.085 1,295 6,066 3.145 10,506 other income relates to linkage reanefits of £3,536 and consolidated fab¥ic funds of £3.236 Ineomt from investments Unre5tricÉed FuNd5 R¢$tricted Funds Endowment Fund5 Total 2025 Total 2024 Endowment Inrorne Bank interest 4.689 1,60 6.297 4,689 2.776 7,465 4.758 167 4.925
Irongray Lochrutton attd Terregles Churth Notes to the FinAtttial stat¢ellts for year ended 31$t December 2025 Analysis of expenditu Ilnrestricted Fullds Restrftied Fuods Endowment Funds Tot81 2025 Tolal 2024 Charitable Attivili¢s Minisiries & Mission l Giving lo Grow Pre5bCry Dues Pulpir Supply Other staffing costs Fabric repair & maintenance Council T Heat & Light Insurance Church ofyice expens¢5 Organ and Music Other expcnses Minsster costs 24.350 1,485 1.409 522 1.932 2.709 5.698 4.753 .357 3.165 599 24,350 1,485 1,409 522 1.932 2.709 5.698 4.753 357 3.165 952 1.355 48.687 25.734 35 650 2,678 2,528 7,708 4,297 764 2,880 601 1,968 50,688 353 353 inisters Stipend .All Church of Scoil&tJd eort8r¢gaiions contribute to the National Stipend Fund which bettrs the c05t of all minister5. slipend and ¢tnploy¢r's contribution5 for naiional insurance. pension and housing loan fund. Mini5terfs stipends are paid in accordance with the national stipcnd seale. whi¢h 15 relaid to ve8rs of service. For the year under Trview the Jninirnum stipend wa5 £32.433 and Ihe m&ximutn stip¢nd £39.856 Debiors: all recieveiblt wlthin one year 2025 2024 Gl¢b¢ R¢nt Gift Aid Re¢overable 8 Creditors: amouDts falling due wlthin one year 2024 Cr£ditOTS 1.5QO 1.500
Irtrn8ra) Locbrntton 8Trd Ttrre8ltJ Church to the Tr'inAnci41 SlatcThent5 forytAr 31Jt l>erember 2025 9 Analysis of nei A$$et5 behyeen fund$ eTr¢ral De$i8lb8ltd Restricttd Endowm¢DI 2025 Ciirrenl 8s5etS 70.661 11.5(H)I 15.867 5,317 39.750 69.161 15.867 5.317 39.750 130.095 10 An4ly5i5 of churitabk funds B*l¥nte BAlance Gainwlo$ses Jl.12.25 In¢om¢ Expenditure TraDsftrs l-nreslrictv] funds rJLmcrdl fund5 Designaied f#hri¢ funds tilebe fund 65.336 18.837 802 84.975 44.921 3.230 450 48.607 14J.3761 12,538) 4280 14.500) 69,161 15.035 832 85.028 148.3341 12201 Re%¢ritltd fund5 Cars¥ Rcvene Fund sPla7 Collecliotis 4.149 5,317 13531 220 220 4.149 5,317 Endowmeni Cars¢ Bequesi'Frus1 Fund 39.750 39.750 'l•t#l funds l ?S.1174 49.908 {4R.6871 130,095 [Inre5tri¢ttd fuThds GcnLYal fund.. This is for the day 10 da> running of th¢ church c11c. Fund.. is ihc revcnu¢ fi)r InMc3nd cxpondiiur¢ relatin8 to thc Glc I18n¥¢c l.'abri¢ fund.. Th¢ trustee5 have sd aside funds lor the m8ini¢nanc¢ of the chur¢h propErty Reylrtcted CaJ5e B4ue51 Rev¥nuc Fund.. this is ih¢ acLumulaied income the ca B4uesl Try51 Fund lo b¢ used in accord wilh Ihc rMSr1he trust fund shown klow. EdoWMtnt fund Tncm¢ friim Ihe I'.ar5e Ilequ¢qi'l rngi Pund 1% tn he used by Iht I'rustees In giv¢ members fthc IcKal ci)tntnunity I,1th1n p3rishc%} whom Ihi) f1 is in of. &nd who will fil trom, a EFanL
Irvngray Lo¢hrnttokn Ttrrtgley Church Notes to the Tr'illaniiRI Stattmtnts for)tar ended 31st l)e¢ember 2024 11 Truste¢5 Remtytherntion and RElat¢d rt>. tr*n5aitlons Eric Thom50n is a wneruf JB MLCormi¢k who undertdke electricRI work for the Ktrk. No other Trusttt had personal inieresi in contmci or transaction ¢Diered in kn by the LhoTiry during the year. No"Irusltt expen$¢s were incurred in the year. 12 volntEerS In Lolnmun wilh ail congr¢FAiions ol'ihe Church of 8ci)11gnd ihc (x)ngregalion benefits fn)m the conirihution made bv volullieers who giv¥ Ihiir lit. lalenE5 willinglj lor IhL 'nefit uf ihg ChurLh. Th¢ life whiLh rely on lh¢ wnlribllliun uf oluni¢rts dnd v8ried and mh vfih¥aLtiviiy wuuld unubk wniinu¢ ere il nui furth¢ ¢x)mmiim¢nl l)Tr. IJ Held on Behalf ofih¢ C.ongrt8atton by th£ C.huYch of Seoilattd Gtnernl Truste Capital Ateollnt 2025 2024 Market Value as al31 I)ttemEcr 109,577 104.685 Ori¥inal Co&1 of Ink¢sIniS 72.593 72.593 Reve¢ Acwunt Credit at 31 Decemb¢r