ST COLIJIBA'$-BY.THE£ASTLE scornsH EPISCOPAL CHURCH EDINBURGH SCIO Scottish Chxlty No. SC OS2645 REPORT AND FINANaAL STA TEMENYS FOR THE YEAR ENDED 30 SEPTEMBER 2025
3TCOLUIA8A'S-BY.ThE4ASTLE SCOTTL8H EPISCOPAL CHLWI SCIO A•wt of th• rx"r•GtDrt For lh• Y••r•nd•d 30 5•rtb•r IOZS ChantyRtylI0Th NLI)b SC052E45 Ctsmpvty Nwrt•r cs392 Sc¢ Eptsfxwl Churth 14 Jthnston Teryx Ethnburyh EHI 2PW Reclor 6 OULthr 2024) RB¢lor Iwwntqd 22 Juty 20251 Secret•ry (Ex Offvol Irwirtd Junt 2025) SFr¥et•ry (Ex OlTh(Joi •no <vrY (Nvrf >)2>261 Ttyxwer ffx 0m)I (m 2(Tr427} Peok'S W¢Jeh INtr4 202&251 R2cTofs lfvardEn IRe#ors awoinvmnll Lay Rep2SenTrWe 2021-241 L¥y R¢pos•rsWfft (Nov 2D2&271 emate Lay Reprvsentstwe rythn•ry INr 20242n AMC Lay ReprEfiqDl#Swe {Nov 202&261 INov I24-2 IW 2D24.271 relirrt 20241 202>281 IN0¥ 2021-241 INOV 202>251 IN0¥ 202>261 (Nov ?&25} (Nrrrf 2011.24) Rov JLI1 sthph•rt•on Ann• Rthardson Iwn Thrynpso iiq JLthon Mary Moffeti c11 Chike C•ihenne B• Rth•rd P•tty L 84pty ain¢• Caiw Judrth Goorge Maryorb2 HarfKw Gareth John LoThJ C Ouir•m c T•wTh' Rev Cw Davvj P•tcthV•S1Iw Irthrpj 6 CXc 20241 Rev Ahson C W Rev Di Acthn GoLthI Rt¥ Julei l•twried 20251 Chwier•d A¢¢wrlrts & knoThlerrt Ex¥nir*r5" ch[¢e1 Sp•kJw Jameskndew & Co Pentlano E5tale Slt3ff EH20 9]H Fraser ¥acRc&effls LLP 9 Haymarkel Sqtswr aRY The Rtyal of Sc¢ts St Aroryw Square E¢Jinbjh EH2 2AD
ST COLUMBA'S4Y-THE<ASTLE SCOTllsH EPISCOPAL CHURCH SCIO R•port of the Trustee• For th•Year onded 30 soptomboff 202S A5 the Charity Trustees of Sl Cdumba'&by-thtrCasUe Scottish Ep15copal Churc SCIO, the Vestry presents its report and accounts for the peric ended 30 Septber 2025. These have been wepared In accordance wlh the ac£ounting pc4ioes set oul In nole 2 to the accounts and compty with the Charit1es and Trustee Investment (Scollandl Aa 2005. theChariUesAcnts IS¢oVandl Regulabo 2006 las aTnendedl and Accounting and Repoftrng by Chanbe5 Statement of Re¢¢mnErxJed Pra¢ticeapplicableto charrties preparirvJ their accounts in accordan the FRS 102. Overview st Columbas by the Castle Church 15 an indusNe congwabon ol aboul 80 adulb 4 thilfjren, by Ihe Rector, 8 team of non-5b"pend13ry lunpaidl ckrgy, and 3 lay-reader The focus ol the peop.$ wotship on a Sunday 1$ the Eucharist IHoly Cornmunionl. al which there 15 a 5erTnon or sorne olher exposrtion of the scnplure readings. The congregation Is a aMIng congregation that has 8 chirEn'5 prograrnrne. and gatherings the adutts lo study mofe deeply all aspeds of Ihe failh. TIE5e are by mernber5 who share the fruits of their 5cholar5hip. The practica tasks of rellryhv a undertthen by a rota ¢Jrawn up frorn three teams of gregaticn rrernbe. Pastor31 care 15 5uperwsed by the cjergy team. who eng4e the assistsn of ¢arefulty chosen and trained lay people. Oblertivu •nd Activitie¥ The objeLtve5 of the Vestry ère to athartt the of Ihe Christian Thurch. 1hr(x wotship, strvte, education. and femowshp. The pnncpal a¢1e5 of the Church are public worship and the spiniual de¥elopmÈni of its nmberS. and of anyone who enquire$. Donation5 are rne regularly to chantable causes that provvje benefts 10 dISvanget1 IndMdua15 and cornrnunrts In S¢ottand. the st of the United KingdtsTh and overseas. and memtets seNe the It ¢(xnmunity In vanou5 n¢yi-financal ways. In carrying out rts obiectNes the Ve8try depenLts upon the con1nbUb, Ixth hurnan and malenal, of many vdunteèrs congregation. Actiwties carried out indude cOntruon$ preparatory to arkl during wot5hip, study se555, servics on sutr rnrnittees. 5eryice in a variety of group, social. and pastoral actiwbes. These contntAJti¢Ms a all hwhly value¢J. and all members of the wi9wabon are emtOUTaged 10 parbupate in Ihem. 35 rnany do. Structure. Govemante •nd Management From 1 October 2023 St Columba's by the Casue Church ts a SCo5h Charitab Incorporated OTgznisation ISCIOI governed by ts Mernorandum znd Arbcle5 ofAssocialion The Church Incorporated on 27 June 2023 when il wnverted frorn being an unincorporated tharty. and for accwntsng and tax purpD5es t¢came cyeratwal from 1 Octtter 2023. For Ihe purposes of charrty law, the members of the Vestry are the Chanty Trustees of the Churth The Church is a m8mber coryJregabon ofthe Dse of EdInrgh in Ihe Scthsh Episcopal Churth. The Bi5hcp of Edinburgh has pa5tcral over5ighl of all congreg3tions within Ihediocese, and all ¢on9wats)ns a $j.e£l tothe CanDn Lawofthe Scottish Episo)pal Church. The Rector 15 appointed by the Ve5ty and the Bishcp of the Diocese. The Re¢tor i responsible for Ihe spritual affair5 01 the Churth and delegates asFects of Ihe chur¢hs cgerab"S io lay and ordaid members ol the gregats"on. The Vesty is responsible for the management ttf Ihe iernpDral aff31r5 ofthe congregation. The Vestry comprises Church wardens léx officiol, a Lay Representative to the Synod lex and ConstsbJent rnembers, not rn0 than ni nor fewer than three in number. The terS of the Vestry are elected at the Annual Genefal Meeliry. The People'5 Warden is dected by the c0n9regalrt al the Annual General Meets"ThJ and holds Offi for noi rn0 than Ihree year5. The Rectors Warden Is appointed annually by the Rector. The Vesty Secretsry and T89 a anted ty the Vestry. or the constrtuent members at least 0 retire annualty by rotatson. The Vestry has ¢Yeated wp¢)n$ibilrties to a nurrthr of sUCOnTrrttees. The sutrC£rtle$, whid) thange frcrn to time depending on the need. regUrIY report to and SU11 recrynrnerJabons to the Vestry. St Colurnba's by Ihe CasUe Is a mediurn 5rLed congregati. of abtxrt 80 rrernbers meet in a 5rn311 Victonan Church dose to Edinburgh Casue. The Sunday Euchansl at 10.00am s the main weekly service. wrth a weekday lunchtime said Eucharist. This 1$ a gather communty. with a wYe spread of ège$ 8nd a 9ood rnix of people corniry frcffi nch and diverse traditions. Children are very Important aTrJ are valued a5 part c4 the f)llY armj arE encowagBd to paapate lully In the servi. The ChnSt1ry seThi at Chrisknas is a $wal time for both •Jutt5 arhj tt* chiWren.' aTrJ teenagets are supported to 90 to the annual Scottish Episccpal Church's GnI0Th Youth IAÈek.
ST COLUMBA'S4Y-THE
ST COLUM8A'S4Y-THEUSTLe SCOTnsH EPISCOPAL CHURCH SUO Report of the Dlrn¢torn l¢ontinu•dl For tho Y•ar endod 30 September 2025 Achiwernents & perfomian¢• This port Cove Vestry ac dunThJ the past y. This was a year olcaretaking and transrtn for thevestry. Three new rnernters were ekctèJ to the Vestry atthe AGM. The patronage mrnittee which was formed of the Vestry memtrfs at Ihe tir of ihe Tetsral of DavJ Paton Wllms ¢nUe wth rt5 woth of selectiw a new Rector. Matthew Rushton. Rector of HY Tnnrty In Morningse, was appointed as our Interm Redor. He attend•J meetsThJs and advised tss as hjs schedule perrnitted. The People's Warfen. a55k5ted by other5. took on the task of 8rr8JvJing Ihe celebranvpreathing rota, ensuring congregotional worship continued to run smoothty John LongY. a rnember of both the Patrona9e C(mnittee and Ihe Vestry. planned our weekly music41 offerings. SUPPDrted by his musiuan colk•Jues. Our rw Redor. the Rev. jul stepln50n. wa5 cald by the Patronage Committee at the end of Marth, wrlh an In5tstubon date Sel for 22 Juty 2025 In Ihe Intenm, the Warrsens and others rnaintained thr oversight of our wwhip. The transOn penod from Novernber 2024 to Juty 2025 provKled an oFwrtunty lo repair and renovate the Rectory. The Building5 Group managed the majorrty ol the worl They 3150 took on the task of siJtMSln9 ftjrther repair5 to the north wall of the ¢hurc. which continued untsl arvj tw after Ihe Rectorf5 Irb5blutson in Juty. After the Patronage Cornrnrttee Ccrnpte its wo. Ihe Vestry tecarne sponSIb for planning Ihe InsiitutsDn and attendant ceremonies. Various parties were consutted In designing the Servi rtseJF. aTrJ Invitatsons were Issued to St Cdurnba'5 many friends and partners. The congregabon itseL¢ was Inted to contnbthe to Ihe feast fcllowing the eeremony, and resnded with its u$ual enthusiasrn. Throughout the year, the Vestry re(ived regular repDrts Finan and Stsffing Group. A new group has been formed to addre55 Sl Columba's response lo dimaie change. known a5 the Net Zero Group The Rector has agreed to 8# as ch31r. Marjorie Harding continued lo ath1se the Vestry on documents ftt ts Intranet InfOallOn Hub. The Cornmunications Group had sorne involvernent in thi5 project 3s well. The Vesty was also adTrnsed $afeguardir%J proCeduS by our new Safeguardin9 Coordinator, Sarah Arne&DThv. Several Vestry rnber$ atlenw Qho¢esan training Sess1 offered by the Diocese. Work conknnued on winding up the Resources Ccrfnpany and esthuhlllg St Colurnba's as a SCIO (Scottish Charitable In¢orporated Oryani8ationl. whth will serve the 5arne purk>xe In protectiry Indivmlual ftwnlr5 of the congregation for personal li)ility in rtaiN instances. St Columba's has become o SCIO. ar¥J rt 15 exctj that the Resour Conpany. whth ha been teThinat•J, wdl be struck off the Crxnpans House register soon. The Vesty'5 fit meetiw with our ne Recaorwasoft 30Juty. Aswe haveconb'nued to n1. a variety ofive$ have teen d0JSe as we begin to ¢hart next sieps for our congregation for our PL9 In Ihe wwjer Community. As in recent years 5% of ¢ongwatsonal don3bon5 Wa5 allocatsd lo a range of Chanbes th¢)sen by membef5 of the congregation. On external matters, the Vestry 4reed in October 2024 Iv make a second investment of £5,000 for the $oiar per prciecl at SL Frano8' Hospitsl, Katete, Zambia. Flnanclal Rovlew RMults The total reserves at the end of the Fenod were £508.315. Th15 1$ made up a3 tomo". un$tr¢IeO Fund £131.479 Restricted Fukvj £292,662 Designated Fund £84,174 Re••The¥ Policy The Vestry has a policy of buikling up reserves by seltrry a5vJe each year for fLrture capital devdowent 7.5% of dired ¢oNJregattcnal giving (not In¢luding the gift aid tax redaiml. This Is a de&gnateO ftjnd (the Oevelwent and Maintenance Fund), which Is not restricted to any parbcular de¥ek¥JmenL The ¢hurrh'5 overall finance5 are in goc#J heath. Donatsms have been maintsine£l at the level of the PrloUS year. Tr* Vesty notes its thanks lo the wder financial It, espeualty Jusbn Nash. Jonathan Davey and EILzabÈth Th(Jmp50n.
ST COLUM8A'S4Y.THE.CASTLE SCOTrtSH EWSCOPAL CHURCH SCIO Report of th¢ Directors Icontinuedl For the Year •nded 30 September 2026 Thanks to prior prudence. the chur¢h ha5 s¥nthcanl Inveslments. th1nty In Unrt Trust poo IUTPI manag1 ty Baillie Gifford on behalfofthe Scotbsh Episcopal Church. hohl almost£350.(iK>whi¢h have ytekled about £10,382 thisfinansalyear. Histoncally these have en nSted a0M8C41 In the UTPS unlil 2021. when Ihe vesty a9d Io use theydd to suwrt running expen5e5 dunng and po$t Covid. Th15 has been the case since tsn. Thevestry ha5 been conskring Investrnent pohcy on Ixhatfofthe Churc. 8roadty. rt15 content toconlmwwththe ofit)vesknent wilh the UTPS, one additional one of £25.OOOwth an ethical fund. to befunded by transfer from existsng UTP fund$. The prop058d Investrnent with FoundatK)n So)dand dKJ nol happen because of about Ihe fund ManagnI company. Inve8lrnent polky Sl Columba's financial re5eThes are inwie(J in the SEC'S Unit Trust Pod iurpi fvnds. Finan. and ethical investhwnt in p•"oJlar, has been Ihe Io¢u5 of much thought. The Vestry antl Finance and Stsffing Ciynmrttee are In ron5tant and con5tructwe di810g. the Vestry making the $tTrtegic policy decisions the C¢ynmrttee Informiry te and providing speualist advire and Insight. The new, rnore 5ecurety ethical. SEC investrnent strategy, syned ofl ai The si GeneTal Sync¥J. has rne financial policy ea8r for us. irt that we can now Concentrate our irnpad Investrnent. The loojs of the Vestry h8S thus been on deDding on the amounVp2rcentage we rnight use In Impact Investrnent. what our purpose In Investment ts, ar¥J what the areas of focJJs may be- e.9.. nati¢)n3Ltintemalional i$$ue$ ur srnall companiesnocal commUne5 etc. Our overall aim Is ¢ontnbLrte actwdy to a carbon negative stste. boih In how wè manage our buik4irys and activit$, and In WKJer acbvitses. In this latter asped, the Vestry 15 Using the expertsse of the Finan(t and Staffing Ccrnittee. asking them to ¢0 earth on portfolio Investments arKI general recornmendatsons trck ¢0 the Vestry. and also by asking them lo vet any small projects the Vestry mght Idenbfy. one such we have uThlertaken an impacl inve5knent in hosplal project working towards energy self-sufficEncy In Z3mbB, with CdLmban Pbn5 for Future Period On becoming a Scothsh charrtab IncCp01ated Organts8b ISCIOI The Churth has h•J S"sh Charrtat4e Incorporated OrganatsOn ISCIOI status since June 2023 Tha Is SeLl-exanat0ry- In¢(wrat>on wh&th lThrts liability of the chur¢h charty aning the Resource5 Company is no kjnger needed and which greatfy simplthes the finanual stnjciure and IvJhten$ the load on people. Structurn There are three bank accounts. a rnain bu&ness account. 3 5UtkEidiary giving account hdding a Small reserve and a savings accounl which wll have the doub fo of hokling rrrt)re substanlHI funds In Te5er¥e whilst eamirg inleres( and which links with the UTP5. AII three wll have a Ive feed to the SIThg SCIO Xero accoJnt AJI othef acuwnts have been dtss and funds reallocatèj to the new ccounts. The Treasurer is suwrted by three key indiwdual$- Eloabelh ThrynF6on w? manages the payroll.. J#than D3vey vjho manages Gift Aid, Justin Nash who will manage the day lo day bookkeryxry lettiry. They are supported by the Finan and Staffing Committee which prov1des both a con$iruLve thallenge and a reTr fiJn¢tion. The Treasur'S role wll become increasingly str3teg Progre88 On the 21 FebN8ry 2025 the Diocesan Trustee5 appvo¥ed the formatson oflhe SCIO and the trar6fer ofihe thurch the ra(lory to Ihe vestry las (Nsteesl to the SCIO. RpOnSIbl11ties ollh MtmberJ of th• Vesty The rnembers of Ihe Ve$try are responsitle for pPanfi9 the Annual Report and the accounts in a¢¢ordance wth applica& Lw afj Uniled Kingdorn ACCOUntn9 St2ndards (Uniled Kinom Generalty Accepted AccrJnbng Practi1. The18W applible 10 thanbe5 In SCOand wuires rnemters lo prepare actount$ for each finanoal year W.th give a Uue and fzir wew of the state of affai of the thanty and of the Inclning re$OUT and apICatiOn of w¢xIr of charty for that pencé. In preparing these accounts. the membets of the Vestry are requi to". Selod suitable accounting polKie5 Ihen aF Ihem ¢on5i5tenty.' obseNe the methi$ and pnnryF4es In the Charrtes SORP 2019 IFRS 1021.. make judgements and e5tsrnate5 Ihat a re8son•ble and prLlent. state whether applirable a¢¢Dun11ry stsrards have been fiAltyed. sthject to any m¢n•l deparfures ddOSed and explai in the accounts". prepare the accounts on Ihe gtyng c(eM basis unless rt 1$ inappropriate io wesLme that the thanty continue in operation.
ST COLUM8A'S-BY.THEIASTLE SCOTnSH EPISCOPAL CHURCH SCIO Report of tho Oir•¢tor• l¢onllnu•dl For the Y•ar ded 30 Septsmber 2025 ReSpOlbl8S of the mem18 ofthe continued The members a responsib for keepiry proper accountiw re¢ord$ thai Llisd05e wth rea50nzble accuracy at any the financi31 Position of the chorty and enabk them lo ensure that the finanoal $wnnts cornpty with the Charities and Trustee Investment (Scotlandl Act 2005. the Chantses Aonts Iscouandl Regulabons 2(K)6 las arnendedl and the provi510ns of the charty'5 constitution. They are also reSPonbIe for safeguardirwa the a55ets of the charity and her for taknng 8$¥te 51eps for the prevenbN and deteclion of traud and other iTh8gularities. The members ofthe Vestry art rEsps11? for the rnalnienan and inwnty ofthe charrty and finanaal information indwled on Ihe charty's website. Legislation in the Uniied knngdom govemiry the prepa and di$sla0n Df accounts may drfler from legislation In otheriuns¢i¢tM)ns Conclusw)n In eonclu5K)n, the Ve5ty wishes lo thank all rnr$ of Ihe congwation who help, on a voluntsry bask. th so rnany drfferent ways in carryin9 Dn Ihe work of the Church. Their mnlribubon ts invaluab. By the or(ler of Ihe Ve5ty l_b L. lts¢r lain Thwipsort 11 May 2026 Treasurer
ST COLUMBA'S4Y.ThE<ASTLE SCOTnsH EPISCOPAL CHURCH SCIO Independent Examin•rf# Report to the Tru8ts88 of St Columba's by the Castle Sctilli¥h Epi¥copal Church I report on the a¢Munts ol the charty for the yeaf ended 30 Septenthr 2025 hith are set tyjt on pages 8 to 18. R••p•ctivo respon8ibilitia8 of tru¥tees and •umin•r The chanty's trustees (who are also Ihe diOr5 of Ihe ccrnpany lorthe wrpDse5 of company lawl are respon$tt4e forthe Preparation Df the accounts in a¢¢ordan¢e wrth the lerms of the Charthes and Trustee In¥rtstment Iscodandl Act 2005 and the chare5 Aco)unts Iscctlandl Regulations la5 arnendedl. The charity Irustees con5MYer that the audrt qUirement of Regulation 10111181- 1¢) of the Accounts Regulations does not appty It 15 rny responsibility to exarnine the accounts as required under se¢ion 44111 Icl of the Act and to state whether particular mattefs have C lo rny atteniirm. B••l¥ ol Independent eKamlnÈe¥ ¥tatement My examination 1$ carried out in accordan wrth Regulatyon 11 of the Chanties Ac¢ounts Iscouandl Regulatsons 20L6 las amendedl An examination Includes a review of the ¥¢ounting records kept by the ¢harty a companson of the actounts presenteLI wrth th058 records. It also Indthles conseratIon of any unusual Item5 or disdosures in the accounts seeks eXanatIonS frw the tTU5tee5 concerning any $u¢h matter5. The pr¢xedures urxkrtthen do not prowde all the e¥xlen that would be required In an audit. and con5equentty I do not express an alit ¢ynion on given in acccwnts. Ind•p8ndent•xmln•r• •tst•rn•nt In the rxjurse Of rny examination, no matter has cc¥re to rny attenb whi¢h gwes rne reasonat48 cause to Ihal in Y material re¥ the rwuIreTrts. tc keep accounting records In accordance with Secon 44 111 lal of the 2LIJS Ad and RwaulatK)n 4 of the 20C6 Auxxjnts Regulations las amended) and to prepare accounts whith accord wnth the acc¢xJntsng re¢d5 and ccnply wlh Regulati 8 of the 2C Accounts Re9ulation5 10$ amended) have not been rnet. or 2. to which. In my OF4nion, attention $houbJ be drawn In to enatle a proper UnderstalIng of the accounts to te reathed. Christcpher Spalding C.A. IICASI J3rne5 Anderson & Co Chartered A¢untants Pentland Estate STRAITON EH20 9QH 11 M8y 2026
ST ¢OLUMBA'S4Y-THE£ASTLE SCOTTISH EPISCOPAL CHURCH SCK) Ststsment C+1 Financial A¢tNitl¢• Ilncorporating Income & Expenditurè Account) For th• Year ended 30 S•pternber 2025 Unrestrictod Fund• Gèntval Oesigt)ated Fund Fund A8 restst•d Total 2024 Restricted Fund8 Total 2026 Note* Incom• from Donations & legacies Charitable activities - Trading actNI - Inve51ments 83,663 702 64.236 10.756 86,267 1.082 61,811 10,422 702 64,235 10,7 Total Income 1.334 3.023 159,357 159.582 Exndire ort - Clergy & rnini5ty costs - Congregational and other eypenses 31.703 125.cl 31.703 136,665 58,483 126,875 4.248 7.415 Total ExFendrture 156.705 4.248 7,41S 168,368 185,358 Net galn on invo•tm•nts 16 4.493 24.669 29.162 48.296 Net incomel1expendir8> 4.122 20.421 14.3921 20.151 22,$20 Tran5fer5 befv4een funds 20 14.2501 4250 Net mov•m•nt in lunds 11281 24.671 14.3921 20.1S1 22,520 Re¢on¢lli•tion of Funds Total funds brought forward 731.607 267.991 613,289 590.769 Totsl funds canled fOrd 131,479 292.e62 84.174 633,440 613,289 The resuhs Set out above ¢JwNe Irom Ihe contsnuiThJ operatsons of Ihe SCIO. It ha$ no recc•3nised gains ¢y105ses rther than 0$ stated above.
ST COLUMBA'S4Y-THE-CASTLE SCOTTISH EPISGIJPAL CHURCH SCIO SC 052645 B•l•nc• Sheet As at JO S•ptsmb•r 2026 A8 r08tatsd 2024 Note¥ 2025 Fix•d ¥M•ts Tangible assets Investrrents 14 16 238,452 349.363 248.317 2).201 587.815 538.518 Currnnt asJets Debtors Cash at bank and In hand 17 14, 47,979 32.713 62,947 98,677 Cmditorn Amounts falling due wmhin Or year 18 17.322 23,9 N•t ¢un•nt assets 45.625 74.771 Totsl assets lou currènt Ilabiilli•s 633.440 613.289 Capllal and re*•r General lund Designated fund5 20 20 131.479 417.787 131.607 393.116 Totsl unrestrictod funds S49.266 524.723 Reslrthd funds 84.174 Total funds 633.440 613.289 The accounts were approved and authorised for issue by the Vestry on 11 May 2026. lain Th0On Trnasurnr
5T COLUMBA'S-8Y-THE-CASTLE SCOTTISH EPISCOPAL CHURCH SCIO 10. Not•• to the Financlal Statsfflents Forth• Ymt •nded 30 Septsrnb•r 2026 ststulory Info0 The chanty is a registered ch8nty In ScolJaTh# and Is a Scothsh Chantable k)corpornted ckganlsati. The adJres$ of the princpal office B 14 Johnston Terrace. Eoinburgh. EH12. Accounting Polici08 The pnnupal accounting polioe5 adcpted. and key 50urc8s of estwnation urertaInty Ihe ptep3ratKsn of the finanoal statements a a$ fdlws. Basls of •¢counting The financial $tatements haNt been prepa In accorance Accounting Reporbry by Charities. Statement ol Recommended Practic£ applble to thant prepanng theii accounts In at¢ordance with the Finaal Reporting Standard applicable in the UK and Rewblic of l¢eloAd Icharibes SORP FRS 1021 leffeth¥e 1 January 20191. Finanaal RewtsrvJ Stsndard aOicable in the UK and Republic of Ireland IFRS 10213n£l the CNnpanies Act 2(X6. St Colurnba'5 by Ih? ca5& meets Ihe definOffi of a bfil enbty uThJer FRS 102. Assets 1kgbil88 8re Inalty recognised at hKstoric31 cost of traThsacl)n value unkss olher75e 5tzled In the reknnt acLnting prAiry nole. Golng concern The finanual ststernents have teen prepared on 8 9oing concern ba51s as the trustses believe that no matenal uncertainbas exst The tiu$t8es have Considereé fv knel offvnds hebj the eJpBrled ofillcorne and expenditurefor 12 mtsnlhs from Ihe date of authorBing tse finantsal strtnts aTrJ tdve that the ¢h8trty will be 3bk to conbnue as a going conrn. Donated •eTrYl¢es In accordance with the Chanties SORP IFRS 1021 geTher vdunteer tThe is not re¢4Wi5ed In Ihe financid statements. Incom• l inccrne Is cogniSed once the Church ha5 entrfement to the Incfjme. there 1$ suffi¢Ent certainty cr reIpt and so it (I prObae that the incorre will receNed. aNI Ihe arnount of inccrne receivab can be measured oliabty. CwliL¥JS 8ndleg8Cig5 Congregational gNing Is accwnted for when re¢eNed. [atIon garAes arxy similar Inetyne arE accounted for when S¢ Columba's teccffies enbued to the income and a rdiablE estirnate of ihe amtyjnt to be receNed can be rnade. Gift Akl tax coverable is a¢¢ourrted IDr in Ihe peri¢>J in Ihe rated &"ft donathx is recognis•J. Ch8rit8ble 8¢tswto$ Income from Charitab actiwt$ Ind5 fvndr315ing. incorr I¥ from tl tting ofthe rectory and other sundry inmme. Olherlrnthrtg Income from other tradin9 a¢bYeS indudes income red tr(wn the lettsng of Ihe thurch buiklry. Investment5 Inlereston funds held oft dep05rt and di5trbullcS on irNesknrbts Ihe SEC Unit Trust Fund s indLhJed on notification ofthe inccrne pahl or payable.
ST COLUMÈA'S4Y-THE-CASTLE SCOThISH EPISCOPAL CHURCH SCIO 11. Not•s to the Financial Ststements For tho Y•ar •ndod 30 Septsmber 2025 Accounting Pollcl•s l¢ontynuedl ExnltUr• Liabilrties are rec¢9nised a5 eXpendrtU as swn as there a OT con5twctive Ol98t10n CL¥nmrtting the Churth to that expenditure. It Is probai4e that setuement wdl be required. and the arnwnt ol the obligation can be rrea5ured rdiabty. Expendrture Is accounted for on an acuuak basi$ when a Iwbihty Is Incurred. Expendrture IndLths any VAT whith cannot be recovered and is reported as part Dlthe e¥pendrture to whth it retstes. Raising fundE Costs of faising fund8 incIje the IrNe5trnent management costs on Ihe Intrertts hdd on the SEC Unit TnJ$t Fund. Charif4wble 8clivili8s Charrtable expenditure cornpnses those costs Incurr& by the chanty In the delNery of its xt1t and servKes lor its beneficianes. It Indude5 trKthcosts Ihaican bealkjcated directyty$uth acbvths8TrJ those costs indirect Trare ne¢essary to support thern. Govemance costs Ind those incurred in the governaKe of Ihe ¢hanty and Tts 888ets and •e 888ouated wrth consbtutional and statutory Wu1ments. Fund accounting Unre51ricted funds can be Lwd on alry aCtlty within the chartsbÈ ¢)i¥ecbve5 of the chanty. Restricted fund5 can onty te used loi partjcular reslncted purposes wthin the otP¢ts of Ihe tharty. Restriclions tye when sTled by the donor or when funds are r015ed for parbcular purk)ses. Further explanatson of the naiure and puw of each furwj L5 in Mte 19 10 the finanoal statements. T•n91b fixed a88ets and Il•preciation Expendrture is caprtalised a5 a fixed assei where it represents either a new asset or an enhantyrwt to an existing 055eL Depreoation Is provided at the followirMJ annual re5 and charged to Ihe appropnate nd In order to wriie off eath asset over its 8xpecteO useful lrfe k58 esbmated re51dual value. Fixtures an¢ ffiings 4% to 20% 8travJht line Heritsble prap•rty Ihou9h owned by St Cc4umba'$, both the Churth ar Rectc<ywere held In trustforthe cMgregatson by the Diocesan Prwty Tnjstres because an unincow3ted oryaniSaOn Cart hcS tth and so were exduded from the ac¢ouMS. Fc4bwing ¢VersIon lo a SCIO. St Cclumba's ntrAf holds tsue lo bolh properries as noted in the af£ounts. Heritsg• SCIO owns Ihe church prne$ at 14 JOhnOn TerTrce. Edinbur9h for whith there no defintyve fflarket value as rt was purpose built In Ihe rnid 19h century. The FQtential benefft of obtsinirvj a valuabon for the church pMISeS to any user of the accfjunts w0d notjustfy the cost given the st*colised Trature ol the bulding so it is rnt reco9ni$ed on the balance sheet. Investments Investrnents are InrtialNf recognised at Iheir tran5aclicn value and 5ubsequenty measured at their market Value as at the balance sheet date using the dosing quoted rnalkel p The 5t3ternent of finanaal a¢¢Ne5 Indudes the net 9•ins and lo$ arising on revaluation aNI dispos5 throughout penc#J. Impainnent Assets not rneasured at fair value Vved for ary indication thal Ihe ass rnay be impaired at each balan $heet date. If such indi¢abon exists. the recA)ve[ab amount of the 3S5el, or the asset's cash gener8tirvJ unrt. Is estimated and compared to the carrying amounl. Where the carrying omwnl eXed$ rts recoverat4e amount. an irnpairment loss is recD9ni5ed ITh profit or loss unless the asset is camed at a reWLd aK)unt where the vnpainHent bss a revaluatson decTea5e.
ST ¢OLUMBA'S4Y-THE4ASTLE SCOTTISH EPISCOPAL CHURCH SCIO 11 Noie8 to th¢ Fln•nci•l Ststements For the Year•nd8d 30 Septsmber 2025 Accounting Policios Icontlnuedl Debtors Trade and ¢)ther debtors are 09nj atthe selllement 0nEdue afterany di5counl offered. Prepaynts are valued at the 8rnount prepa net of any dI$Unts d. Bank and cash Cash at bank aThJ Cash in hand iNthde5 cash and short tem) hKJhty liquKI Investrnents wrth a short matunty of three rnonth5 or le55 from the dale of ar4uL8on or opening of the deposrt or sirnilar a¢count. Creditorn and provisions Creditor5 and provisions a recognised whefe the ¢hanty has a psent oblKJatson resultsrvJ frcxn a past event that wll probab result in the irnn5fer of fun£15 lo a thwd paty and the arn(nI due to setue the oblbjation can be me88tsd or e5tyrnated reliably. Creditors provisions are nOalY gnd al their seriiement *nount after allwng for any discounts due. Taxation The Cunpany ha5 Charilable Stat$ and rts activibes a exernpt frrrn COratn lax. It $Lrtrer6 input VAT On sorrn of its expenditure which rt is unable to recover. 2025 2024 Don•tion¥ & Logaci Donations Gift aid redaimed 66.509 68.927 16.055 General lunrestrthdl 80.640 84.982 Donations Gift aid redamr 3.023 1.286 Don8tion$ to $tred furt 3.023 1,285 Total donat'ons receivab 83.663 86.267 charItsb a£lJ¥5tl•s Fundrai$ing Sundry incfxne 452 250 200 702 1,082 Othof trading acti¥itio• Rental Inccffje 64.236 61,811 Inve•tm¢nt Inrom• Bank interesi Other inveslment inccme 374 10.382 159 10.263 10.756 10.422
ST COLUMBA'Sy.THE4AsTLE SCOTTISH EPISCOPAL CHURCH SCIO 13. Notes to the accounts For th• Year ended 30 Sptrmber 202S 202S 2024 Clergy & ministry costs Rectorfs stipend and naDonal insuran Pen5p)n conlnbution Rectory counal tax and Insurance Redory Maintenance Rectory heat. light and telephone Travel and Other expenses 7.292 1.619 1.661 12,980 39 8.112 32.413 71.033 4,223 9,316 375 1.123 31.703 58,483 Charitable thlti Worship expenses Hrffie and overse8s donation5 (note 91 Quota to Diocese Heal, light and iekphone her grants and donations Church adrninistrator fee Church rnaintenan¢e costs In$vran Other ¢Lpu¢er Serv and *%b5ite Children Iunderchurchl Parish meaL8 Flower fijnd lona payment Depreciation Resources loan balance Governance costs Independent Examinerfs fee5 Governance costs. prÈviou5 Independent Exwnirer Governance costs Legal re SCIO 4.517 1.&52 9,325 8.936 2.611 20,950 48,110 5.290 11,045 9,810 7.973 47.854 4.459 8.205 2.290 134 3,525 9.865 10,018 19,267 2.157 1.c)0 2.764 3.7PJ) 136.665 126.875 Charyed to General Fund fUn$tted) Charged to tkvelopfrents & maintenan IdesKJn¥t•YI Charged to iestncted funds 125.002 4.248 7.415 121,767 5,108 Horne and ov¢rn••s donations Bees for Development Congo Chihy Tntst Feniks Fnend5 of Katete Garvald Edinburyh Sarnarit8ns The M15sion to Seafarers We Play Together 250 250 250 250
ST COLUMBA'S4Y.THE<ASTLE SCOTllsH EPISGOPAL CHURCH SCIO 14. Notss to the accounts For the Y•ar •nded 30 S•pt•mbei 2028 10. Relatsd partles The Vesty Is cOnsje to t the key man4errent personnd of the Church Except for the Redor. no nlber of the Vestry received remuneration or rmbutsemenl of expenses. other than rmbur5ernent of purchases made on behaw of tke Church. The Rector Is ex offiuo a member of the Vestry and a trustee. and receive5 remuneration. benefft$, and reirnbursemenl of expenses in respea of seNos a5 a 5bFendiary clenc In line Scales deterynined by the General Synod of the Srxjttssh Ep15copal Church. 2025 2024 unc¢d11)nal donabons frcfn reted part Trustees, expenses Key management personnel remunerabon 13.963 9.550 8,911 43,446 The Vesty approved 8 payment of £1.585 to tNstee Bapty for making ganrents for the institubon ofY Rector. This payrnent was rnade at the no81 ccfflmertial rate. 11. Stsff costs Gross stiFend8 8nJ nabonal Insur( Pension contnbutions Church administrator fee 7.292 1,619 20.950 32.413 11.033 7.973 29,861 S1.419 No Average nmber of ernF4oyees duriry the perKx 2025 2024 12. Speci•l collection• During Ihe there were 412024 21 speod ¢oltt"ty)s Ca5UedilF Christan co1.0 Cty Missic Laptop fund 785 28 1.090 720 95 13. Quots to dlor••• Quota is paid by St ColLmba's to the thocese of Edinryh to suppryl Ihe wrk of the '0se and ofthe ScottL5h Epi5ccpal Church as a who. 14. Tangibl• fixed •Mts Heritable property Furniture & equipment Totsl Cost AI 30 Septemter 2024 la8 restsiedl Additions 'sposals 12S.125 217.865 342.990 As at 30 Septhber 2025 125.125 217,865 342.990 Depreclatlon At 30 September 2024 Charge for year Wntten back on di8posal$ 94,6n 9.865 94.673 9.865 As at 20 Septerrt*r 2025 104.538 104.$38 Net btyok value As at 30 Septernber 2025 125,125 113.327 238,452 As ai 30 Septernber 2024 las reslated 125.125 123.192 248.317
ST COLUMBA'S4Y.THE-CASTLE SCOTllsH EPISCOPAL CHURCH SGIO 15. Notes to the accounts For the Yèar •ndtd 30 Septemr 2025 15. H•ril49• u¥ot The Church premise5 at 14 Jthnston Terwe, Edinburgh was in the mi&19 ¢enNJry. li is not pra¢tral to a5tertain a vJue for the Churth thich integral io the wor8P and olher aCtNI$ of the SCIO and so is accounted for a5 a heTrtag8 asset. De¥•lornent & Maintsnanco Genernl Totsl 16. Invlments Market value Acquisition Unre8lK5ed gainlllos51 22.208 267.993 21.201 30.000 29.162 4.493 24.669 56.701 292.862 349.363 Book cost 42.lJ46 133.150 175,196 2025 2024 17. Debtorn Fees recvab Ocnations and grants rl¥ab Other debtors 5.353 3.527 6.088 3.052 12,311 17.350 14.968 32.713 1& Crodltor8 du¢ *lthln one Trade creditor5 A¢cwaLs Other creditor5 PAYE and NIC Deferred Income Inote 191 8.099 7.013 12.597 9.280 1.800 449 610 17,322 23,9C 19. Def•wr•d incorn• Brought fOard Recognised In the year Deferred In the year 924 19241 Camed forward
ST COLuMeA'S4Y.THE<ASTLE SCOTnsH EPISCOPAL CHURCH SCIO Not•• io the accounts Forthe Year •nded 30 S*ptemb•r 2025 20. Ststern•nt of fund• Cu&1 Year Asat Incoming 30 Sept Rmourc 2024 Re8our¢•s Expended Fund Tr•nsl•r4 Gain ILos8••1 30 Sepi 2026 Unrestvicted fund General fund 131.f4)7 156.334 1156.7051 14.2501 4.493 131.479 Deii9natsd Funds DevelOnI & Maintenance fund Property fund 267.991 125.125 14.2481 4.2XI 24.669 292,662 125,125 Tolal unrestrK18d 524.723 156.334 1160.953 29.1S2 549,266 Restrlcted fvnd• Caslledrfr Chnstian A Crty Missi Heating project Laptop fund Mushroom Trust Recto5 tlscretionary fu1 16011 1281 11.ogY)I 14.6701 16261 28 20 20 83.595 720 281 281 14001 Total restricted fvnds 3.023 17.4151 84.174 Total Funds 613,289 159.357 1168.3681 29,162 633.440 Fbvious Year (as rnstat6d3 Asat Incoming Resour¢es 30 Sept Ro¥ouYcu ExpÈnd•d 2023 Fund rrnnsfvrs Gain Asat 30 S8pt 2024 Unre¥tricted fund General fur 107.514 150,6Y 1179.1271 39.705 12.861 131.FK17 Dtslgnated Fund• Development & Maintenance fund Property funrl 264.894 125.125 7.643 139.9811 35.435 267,931 125.125 Totsl unrastricted fvnd$ 497.533 158.297 1179.1271 12761 48,296 524.723 Restricted fun Christian Ajd Cty Mission Heating project Mushrocrn Twst ¢gan fund Rethorfs Dk%cretionary bJTrJ 95 79) 1951 17901 14.6701 20 92.935 281 20 88.265 281 12761 I4(} 276 400 Totsi restricted fijnds 93.236 1.285 16.2311 276 88,566 Total Funds s.769 159.582 118S,3581 48. 613,289
ST CQLUMBA'S-BY-THE-CASTLE scornsH EPISCOPAL CHURCH SCIO 17. Ntste• to the accounts For the Year endèd 30 Septembtr 2025 20. Sttemènt Of lund¥ Iconlinu¢dl The General Fund ¢pre$ of Inctyme rewved for the objects ofthe chuTth wthujt further 5Feufied purpose. Designated fund5 aTe unrestnlled fund5 set a51de by the directors for partulaf wrp)ses of the charty". - The Oevelopment & Maintenance fund represents UnS1n¢#ed lunds whth have teen earmarked by the Vesty for p8rticul8r purposes. The lurxj is a reserve for future rnaior bJikJing requirerrents. 11 Is Ihe Church's policy for apprOrnatelY 7.5% of givings. exdudiryj gift aid Tecovered to Iransferre(I from the Genal to the Ce1cent & Maintenance FuThd. The PrortY fund repsents the histonc ¢05101 Ihe Rectory. R85tricted fur%ts have been Ved to fund $fiC pr(tye(ts." - The Castoff fund represents donabons reca¥ed for g11ts lo Ihe resthnts of Caslledrfr. - The Christian fund represents donabons reIVed for Chrstian d. - The City Misson lund rd3t85 to dMations recwved 8ficallY for Edinlryh Cty Mission's aFpe21 for Chri81rnas hampers for refvgee5. - The Heating ProJ"ect fvnd relates to Ihe underfoor hÈatiThJ Maintenan and the retso)rab"on of Ihe Churth. The Laptop Project fund relates to donatons rVed to SUFPOrt an mmrant - The Mushroom TNst fvnd rdates to Ihe thJr¢h garden m•rrtenance and the upgrade to becryne a'qurf spa¢e forvi5itU5 and passers-by. The Organ Fund relate5 to ongoing fijndraigng for a large repair to the churc* organ currenlty in pr¢>Jress. The defial N Ihe fund will be met by conbnued fundraising. and the deficit has been funded by general fuTrJs. - The Rector's Discretonary lund represents a dtsnation fe¢eNed enable 3 donation thosen by the Rector.
ST COLUM8A'S-8Y-THE£ASTLE SCOTnsH EPISCOPAL CHURCH SCIO 1& Notss to the accounts For the Year•nd•d 30 S•ptemb•r X12S 21. Anaty¥is of n•t ass•ts b•len funds Curr8nt Y8ar Genernl D¢sign¥t•d R•Btiicted Fund Funds Funds Totsl Fed$sl8 Tangible assets Investment5 29.732 56.701 125.125 292.e62 83.595 238,452 349,363 CunBnl assets Debtors and prepayments Cash at bonk and in hand 14,968 47.41Y) 14.%8 47.979 579 CunBllt habilths Creditors and accruaL8 117.3221 117.3221 Net assets 131,479 417.787 84,174 633.440 prev6 Y&8r{8s rn$tsted) General Designat¢d R•strictsd Fund Funds Fund• Totsl Fixed ass815 Tangible a55ets IntInents 34.927 22.210 125.125 267.991 88.265 248,317 290.201 Cunvnl assets Debtor8 and prepaymefits Cash at bank and In hand 32.713 65.663 32.713 301 Current h'8bih'fr8S Creditors and accruals 123.9AI 123,gAI Ne¢ assets 131.607 393,116 613.289 22. Prior Year Adjusknents During the year rt was IdEnted Ihat Ihe balan on the Heatsng Fund was ovwststed as deyeciatson ors the heating system had been charged Insad lo the UnStncted General Fund In addrtion the Reuory wa5 origin311y purchased by St Columba's the cost had not been IndLKed In the accounts on Ihe baws Ihat the title was he in trust for congregation by the DIOan Propety Trusies. AccordiTrJty the afXOUrt$ have teen re5ts1ed as folkms. st•ted Orlgin•l General fvnd balance at 30 Septernber 2023 General fijnd balance at 30 Septernber 2024 Property fund balance at 30 Sepiernber 2023 Property fund balance at 30 Sepiember 2024 Healing fund balance at 30 Sep¢ethr 2023 Heatsng fund balance at 30 Septentrr 2024 Tangible assets held by General Fund at 30 September 2024 Tangible assets held by PropErty Fund at 30 Septber 2024 Tangible assets held by Hentage Fund at 30 September 2024 107,514 131,607 125,125 125,125 92,935 88,265 34.927 125,125 88.265 89,225 113.318 111,224 106,554 16,638 106.554