REGISTERED CHARITY NUMBER: SC45774
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2025
for
GRACE CHURCH LEITH
Mann Judd Gordon Ltd Chartered Accountants 26 Lewis Street Stornoway Isle of Lewis HS1 2JF
GRACE CHURCH LEITH
Contents of the Financial Statements for the Year Ended 31 December 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 14 |
| Detailed Statement of Financial Activities | 15 |
GRACE CHURCH LEITH
Report of the Trustees for the Year Ended 31 December 2025
The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Aims and Affiliation
Grace Church Leith Free Church of Scotland is a congregation of the Free Church of Scotland working towards the common aims set out below. It is a Presbyterian church adhering in its worship and doctrine to the position of the Church of Scotland at the Reformation. The Free Church of Scotland has an explanatory document which explains the origins of the Church and which gives the historical background to the Church coming into being in 1843 and lists documents in which is embodied the constitution of the Church. The document is available on request from the Free Church of Scotland, 15 North Bank St., The Mound, Edinburgh, EH1 2LS.
The Free Church of Scotland currently has over 100 congregations in Scotland, as well as one in London and four in North America, and sister Churches founded by mission work in India, Peru and South Africa. The Church also has a seminary in Edinburgh for the training of ministers and other Christian workers and sustains an extensive missionary programme relative to the size of the church. The principal activity of the Church is the conduct of public worship and associated matters in the context of local congregations.
Dating from 1843 but with its roots in the Reformation, the Free Church of Scotland owes its distinctive title to its historical struggle to remain 'free' from state interference in its internal affairs. It has close and active relations with many other Reformed churches of Jesus Christ throughout the world and stands firmly in the tradition which accepts the Bible in its entirety as the Word of God and, therefore, derives its forms of teaching, worship, ministry and government from it. The main emphasis of our worship is the preaching of the gospel - the good news of a free and sovereign salvation through Jesus Christ alone.
The congregation is authorised by the Church to have a minister paid from central funds of the Church.
Page 1
GRACE CHURCH LEITH
Report of the Trustees for the Year Ended 31 December 2025
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
During the year, the congregation met regularly for public worship and carried out various activities in pursuit of the above stated aims.
The congregation continued its commitment to support the Free Church of Scotland both spiritually and financially.
Significant highlights, events and developments of note over the year include the following: -
In relation to congregational activities :
-
Membership at end of 2025 was 51 with 30 adherents.
-
Wee Leithers, our mums and toddlers club, met consistently during the year with an average attendance of 55 parents and 55 children.
-
We had a retreat in February 2025 with 80 in attendance.
-
We run a Conversation Café where non- native English speakers get the opportunity to practice their English with members of the church.
-
We are grateful for all our members who are engaged with Safe Families for Children. We also host a Soul Food event on Thursday evenings which feed isolated and elderly members of the community. These are tangible examples of the way members of GCL are blessing those in the community around us.
-
Over the course of the past year, our youth group has had opportunities to partner with other youth groups in the city to allow our children to form relationships with other Christian children in the city.
-
It has been encouraging to see the building used for a number of one-off events to support wider ministries such as a Sandra McCracken Concert. In the past year, the Free Church has used the building for Minister's training events and youth events. Bethany Christian Trust have been hosting meetings weekly in the building for those struggling with addiction.
In relation to congregational funding :
-
An increase in donations from church members compared to the previous year.
-
An increase in grant income to fund our new part-time operations manager role.
-
An increase in rental income generated by the church premises.
FINANCIAL REVIEW
Results for the year
As a result of a surplus for the year of £9,401 the church held total funds amounting to £552,807 at the end of the year. That consisted of a General Fund amounting to £10,645 and restricted funds totalling £542,162.
The trustees are satisfied with the level of reserves retained by the charity.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Status of Charity and Governing Document
Grace Church Leith Free Church of Scotland is established by Constitution. It is a registered Scottish Charity (No. SC045774).
Recruitment and appointment of new trustees
The Kirk Session exercises its discretion in determining the most appropriate method of electing new Trustees (Elders and Finance Committee members). Any election process must involve the communicant membership of the congregation. There is no fixed term for Trusteeship. Prior to their appointment, new Trustees would have served the Church for some time in various roles and would be familiar with the Church's values, its aims and objectives as well as its day-to-day operations. As part of their induction programme, new Trustees are required to understand their statutory responsibilities as well as the responsibilities of their office within the congregation as Elder or Finance Committee member.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
SC45774
Page 2
GRACE CHURCH LEITH
Report of the Trustees for the Year Ended 31 December 2025
Principal address
3 Shrubhill Walk Edinburgh EH7 4RB
Trustees
The congregation is governed and administered by elected office bearers and its minister.?The Kirk Session, being the minister and elected elders, has responsibility for spiritual oversight. Under Charity Law, the Finance Committee (the minister, elders and elected additional Finance Committee members), are deemed to be the trustees of the congregation as those with responsibility for financial matters and day to day management and control.
The members of the Finance Committee (the Trustees) who served during the year were as follows:-
Finance Committee Minister: Rev A Rennie Elders: K McGibbon, A Duckering, K Macleod Additional Finance Committee Members: C de Waal, R Campbell
Independent Examiner
Mann Judd Gordon Ltd Chartered Accountants 26 Lewis Street Stornoway Isle of Lewis HS1 2JF
Approved by order of the board of trustees on 15 June 2026 and signed on its behalf by:
A Duckering - Trustee
Page 3
Independent Examiner's Report to the Trustees of Grace Church Leith
I report on the accounts for the year ended 31 December 2025 set out on pages five to fourteen.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) 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 the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 seeking explanations from you as 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 connection with my examination, no matter has come to my attention :
-
(1) which gives 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 to comply with Regulation 8 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.
Andrew Cumming CA The Institute of Chartered Accountants of Scotland
Mann Judd Gordon Ltd Chartered Accountants 26 Lewis Street Stornoway Isle of Lewis HS1 2JF
15 June 2026
Page 4
GRACE CHURCH LEITH
Statement of Financial Activities for the Year Ended 31 December 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 63,778 Charitable activities 4 Charitable activities - Other trading activities 3 1,089 Total 64,867 EXPENDITURE ON Charitable activities Central Funds 54,534 Charitable activities 15,722 Staffing costs 198 Total 70,454 NET INCOME/(EXPENDITURE) (5,587) RECONCILIATION OF FUNDS Total funds brought forward 16,232 TOTAL FUNDS CARRIED FORWARD 10,645 |
Restricted funds £ 110,326 17,500 - 127,826 - 82,607 30,231 112,838 14,988 527,174 542,162 |
31.12.25 31.12.24 Total Total funds funds £ £ 174,104 176,952 17,500 10,000 1,089 989 192,693 187,941 54,534 41,390 98,329 91,231 30,429 26,904 183,292 159,525 9,401 28,416 543,406 514,990 552,807 543,406 |
|---|---|---|
The notes form part of these financial statements
Page 5
GRACE CHURCH LEITH
Balance Sheet 31 December 2025
| Notes FIXED ASSETS Tangible assets 8 CURRENT ASSETS Debtors 9 Cash at bank and in hand CREDITORS Amounts falling due within one year 10 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 11 NET ASSETS FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ 2,258 6,451 25,499 31,950 (23,563) 8,387 10,645 - 10,645 |
Restricted funds £ 897,144 - 20,405 20,405 (21,840) (1,435) 895,709 (353,547) 542,162 |
31.12.25 Total funds £ 899,402 6,451 45,904 52,355 (45,403) 6,952 906,354 (353,547) 552,807 10,645 542,162 552,807 |
31.12.24 Total funds £ 906,626 7,295 49,561 56,856 (45,487) 11,369 917,995 (374,589) 543,406 |
|---|---|---|---|---|
| 16,232 527,174 543,406 |
The financial statements were approved by the Board of Trustees and authorised for issue on 15 June 2026 and were signed on its behalf by:
K McGibbon - Trustee
The notes form part of these financial statements
Page 6
GRACE CHURCH LEITH
Notes to the Financial Statements for the Year Ended 31 December 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention.
The presentation currency of the accounts is Pound sterling (£). The accounts are rounded to the nearest £1
The Charity is a going concern and there are no material uncertainties casting significant doubt over its ability to continue as a going concern.
Critical accounting judgements and key sources of estimation uncertainty
Fixed asset net book value and depreciation charges are the areas of the accounts which are affected by significant judgements and estimates. The trustees exercise judgement in determining both the useful economic life and the likely residual value of the charity's assets. This judgement affects the rates of and charge for depreciation as well as grant release in the accounts for the year. It also therefore affects the net book value of the assets in the balance sheet.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether capital grants or revenue grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided Plant and machinery - 20% depreciation on cost
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.
Taxation
The charity is exempt from tax on its charitable activities.
continued...
Page 7
GRACE CHURCH LEITH
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
1. ACCOUNTING POLICIES - continued
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Statement of Financial Activities.
2. DONATIONS AND LEGACIES
3.
4.
| Offerings and donations Gift aid Property Fund donations Minister's Housing Allow Fund Apprentice Fund donations OTHER TRADING ACTIVITIES Miscellaneous income INCOME FROM CHARITABLE ACTIVITIES Activity Grants Charitable activities Grants received, included in the above, are as follows: Fyrish Foundation Sychar Gospel Fund Free Church of Scotland |
31.12.25 £ 55,814 18,814 78,465 20,710 301 174,104 31.12.25 £ 1,089 31.12.25 £ 17,500 31.12.25 £ 7,500 - 10,000 17,500 |
31.12.24 £ |
31.12.24 £ |
31.12.24 £ |
|---|---|---|---|---|
| 67,678 18,181 67,135 20,295 3,663 176,952 |
||||
| 31.12.24 £ 989 |
||||
| 31.12.24 £ |
||||
| 10,000 | ||||
| 31.12.24 £ - |
||||
| 10,000 - 10,000 |
continued...
Page 8
GRACE CHURCH LEITH
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
5. GRANTS PAYABLE
| GRANTS PAYABLE | |
|---|---|
| 31.12.25 £ Charitable activities 1,800 |
31.12.24 £ 1,840 |
| The total grants paid to institutions during the year was as follows: 31.12.25 £ Acts 29 Western Europe 1,800 Big Give Edinburgh - |
31.12.24 £ 1,690 150 |
| 1,800 | 1,840 |
6. TRUSTEES' REMUNERATION AND BENEFITS
The minister was paid from the Free Church of Scotland central funds for his office as minister and was reimbursed by the congregation for expenses incurred in that role, including housing allowance as the congregation does not have a manse.
| 31.12.25 | 31.12.24 | |
|---|---|---|
| £ | £ | |
| Rev Athole Rennie - housing allowance | 25,757 | 22,681 |
| Rev Athole Rennie - allowance for council tax, electricity and gas bills | 4,672 | 4,098 |
| 30,429 | 26,779 | |
Trustees' expenses
During the year, four trustees received £8,290 in total in reimbursed expenses (2024: three trustees received £7,910).
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 62,992 Charitable activities Charitable activities - Other trading activities 989 Total 63,981 EXPENDITURE ON Charitable activities Central Funds 41,390 Charitable activities 18,196 Staffing costs 470 Total 60,056 NET INCOME 3,925 |
Restricted funds £ 113,960 10,000 - 123,960 - 73,035 26,434 99,469 24,491 |
Total funds £ 176,952 10,000 989 187,941 41,390 91,231 26,904 159,525 28,416 |
|---|---|---|
continued...
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GRACE CHURCH LEITH
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
| 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - Unrestricted fund £ RECONCILIATION OF FUNDS Total funds brought forward 12,307 TOTAL FUNDS CARRIED FORWARD 16,232 8. TANGIBLE FIXED ASSETS Freehold property £ COST At 1 January 2025 and 31 December 2025 890,680 DEPRECIATION At 1 January 2025 - Charge for year - At 31 December 2025 - NET BOOK VALUE At 31 December 2025 890,680 At 31 December 2024 890,680 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Gift aid debtor Prepayments and accrued income |
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - Unrestricted fund £ RECONCILIATION OF FUNDS Total funds brought forward 12,307 TOTAL FUNDS CARRIED FORWARD 16,232 8. TANGIBLE FIXED ASSETS Freehold property £ COST At 1 January 2025 and 31 December 2025 890,680 DEPRECIATION At 1 January 2025 - Charge for year - At 31 December 2025 - NET BOOK VALUE At 31 December 2025 890,680 At 31 December 2024 890,680 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Gift aid debtor Prepayments and accrued income |
continued Restricted funds £ 502,683 527,174 Plant and machinery £ 36,120 20,174 7,224 27,398 8,722 |
Total funds £ 514,990 543,406 Totals £ 926,800 20,174 7,224 27,398 899,402 |
|---|---|---|---|
| 890,680 | 15,946 | 906,626 | |
| 31.12.25 £ 796 4,738 917 6,451 |
|||
| 31.12.24 £ 2,954 4,341 - 7,295 |
continued...
Page 10
GRACE CHURCH LEITH
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
||
|---|---|---|
| 31.12.25 £ Bank loans and overdrafts (see note 12) 21,840 Other creditors 23,563 45,403 11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 31.12.25 £ Bank loans (see note 12) 315,547 Other creditors 38,000 353,547 12. LOANS An analysis of the maturity of loans is given below: 31.12.25 £ Amounts falling due within one year on demand: Stewardship mortgage 21,840 Amounts falling due between two and five years: Stewardship mortgage 87,360 Amounts falling due in more than five years: Repayable by instalments: Stewardship mortgage 228,187 Other loans 38,000 266,187 |
31.12.24 £ 21,840 |
|
| 23,647 45,487 |
||
| 31.12.24 £ 336,589 |
||
| 38,000 374,589 |
||
| 31.12.24 £ 21,840 87,360 249,229 38,000 287,229 |
During 2021 the charity was in receipt of a loan of £435,000 from Stewardship Services (UKET) Limited to be repaid monthly over a period of 15 years. The initial interest rate was 4.25% per annum. The rate is variable on one month's notice. The loan is secured by means of a first Legal Charge over the premises (3 Shrubhill Walk, Edinburgh, EH7 4RB).
During 2020 the charity was in receipt of an unsecured, interest free loan of £38,000 for which no repayment is required for the first 10 years, with the repayment then spread over monthly instalments over 5 years after the 10 years has elapsed.
continued...
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GRACE CHURCH LEITH
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
13. MOVEMENT IN FUNDS
| Unrestricted funds General Fund Restricted funds Property Fund Care Team Fund Minister's Housing Allowance Fund Additional Staff Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General Fund Restricted funds Property Fund Care Team Fund Minister's Housing Allowance Fund Additional Staff Fund TOTAL FUNDS |
At 1.1.25 £ 16,232 503,039 2,962 11,546 9,627 527,174 543,406 Incoming resources £ 64,867 84,138 - 25,887 17,801 127,826 192,693 |
Net movement At in funds 31.12.25 £ £ (5,587) 10,645 19,656 522,695 (1,811) 1,151 (4,344) 7,202 1,487 11,114 14,988 542,162 9,401 552,807 Resources Movement expended in funds £ £ (70,454) (5,587) (64,482) 19,656 (1,811) (1,811) (30,231) (4,344) (16,314) 1,487 (112,838) 14,988 (183,292) 9,401 |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General Fund Restricted funds Property Fund Care Team Fund Minister's Housing Allowance Fund Additional Staff Fund TOTAL FUNDS |
At 1.1.24 £ 12,307 484,991 4,238 12,610 844 502,683 514,990 |
Net movement in funds £ 3,925 18,048 (1,276) (1,064) 8,783 24,491 28,416 |
At 31.12.24 £ 16,232 503,039 2,962 11,546 9,627 527,174 543,406 |
|---|---|---|---|
continued...
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GRACE CHURCH LEITH
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
13. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General Fund Restricted funds Property Fund Care Team Fund Minister's Housing Allowance Fund Additional Staff Fund TOTAL FUNDS |
Incoming resources £ 63,981 84,928 - 25,370 13,662 123,960 187,941 |
Resources Movement expended in funds £ £ (60,056) 3,925 (66,880) 18,048 (1,276) (1,276) (26,434) (1,064) (4,879) 8,783 (99,469) 24,491 (159,525) 28,416 |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General Fund Restricted funds Property Fund Care Team Fund Minister's Housing Allowance Fund Additional Staff Fund TOTAL FUNDS |
At 1.1.24 £ 12,307 484,991 4,238 12,610 844 502,683 514,990 |
Net movement in funds £ (1,662) 37,704 (3,087) (5,408) 10,270 39,479 37,817 |
At 31.12.25 £ 10,645 522,695 1,151 7,202 11,114 542,162 552,807 |
|---|---|---|---|
continued...
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GRACE CHURCH LEITH
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General Fund Restricted funds Property Fund Care Team Fund Minister's Housing Allowance Fund Additional Staff Fund TOTAL FUNDS |
Incoming resources £ 128,848 169,066 - 51,257 31,463 251,786 380,634 |
Resources Movement expended in funds £ £ (130,510) (1,662) (131,362) 37,704 (3,087) (3,087) (56,665) (5,408) (21,193) 10,270 (212,307) 39,479 (342,817) 37,817 |
|---|---|---|
14. RELATED PARTY DISCLOSURES
Included within creditors falling due after one year is a loan from one of the trustees, Mr K Macleod, and his wife. The repayment terms are detailed in the "Loans" note.
15. EXPLANATION OF FUNDS
General Fund - represents funds to be used for general purposes - e.g. payments to attend the Church annual weekend away.
Minister's Housing Allowance Fund - represents funds donated to the Church to be used to fund the minister's housing allowance and to cover the minister's costs for council tax, electricity and gas bills.
Property Fund - represents funds donated to the Church to be used to cover the running costs of our building such as electricity, repairs & maintenance and the like and the mortgage thereon
Care Team Fund - represents funds donated to the Church to be used to provide financial assistance to those in the Church or in the wider community who have a significant need. The Care Team are responsible for deciding how these funds are used.
Additional Staff Fund - represents funds donated to the Church to be used for the salary and staff costs relating to our additional ministry staff and operations manager.
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GRACE CHURCH LEITH
| Detailed Statement of Financial Activities | Detailed Statement of Financial Activities | Detailed Statement of Financial Activities | ||
|---|---|---|---|---|
| for the Year Ended 31 December 2025 | ||||
| 31.12.25 | 31.12.24 | |||
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies | ||||
| Offerings and donations | 55,814 | - | 55,814 | 67,678 |
| Gift aid | 7,964 | 10,850 | 18,814 | 18,181 |
| Property Fund donations | - | 78,465 | 78,465 | 67,135 |
| Minister's Housing Allow Fund | - | 20,710 | 20,710 | 20,295 |
| Additional Staff Fund donations | - | 301 | 301 | 3,663 |
| Other trading activities | 63,778 | 110,326 | 174,104 | 176,952 |
| Miscellaneous income | 1,089 | - | 1,089 | 989 |
| Charitable activities | ||||
| Grants | - | 17,500 | 17,500 | 10,000 |
| Total incoming resources | 64,867 | 127,826 | 192,693 | 187,941 |
| EXPENDITURE | ||||
| Charitable activities | ||||
| Free Church minister and administration levies | 43,923 | - | 43,923 | 41,390 |
| Other salaries & Staff Costs | - | 47,283 | 47,283 | 29,209 |
| Care Team Fund | - | 1,811 | 1,811 | 1,276 |
| Property Costs | 179 | 30,998 | 31,177 | 31,471 |
| Ministry Expenses | 21,709 | - | 21,709 | 16,267 |
| Accountancy | 1,670 | - | 1,670 | 1,536 |
| Sundry Expenses | 363 | - | 363 | 177 |
| Plant and machinery | 810 | 6,414 | 7,224 | 6,986 |
| Mortgage interest | - | 26,332 | 26,332 | 29,373 |
| Grants to institutions | 1,800 | - | 1,800 | 1,840 |
| 70,454 | 112,838 | 183,292 | 159,525 | |
| Total resources expended | 70,454 | 112,838 | 183,292 | 159,525 |
| Net income | (5,587) | 14,988 | 9,401 | 28,416 |
This page does not form part of the statutory financial statements
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