Resi>ter¢d Ch•rity Number.. SC05416 REPORT OF THE TRUSTEES AND UNAUDffED FINANCIAI STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 FOR BRORA FREE CHURCH OF SCOYLAND ICONTINUINGI
BRORA FREE CHURCH OF SCOTLAND ICONTINUINGI LEGAL AND ADMIfrJISTRAnvE INFORMATION Charlty name BRORA FAEE CHURCH OF SCOTLAND ICONTINUINGI Charlty number SC054168 Prlt)cipal addres5 8 Gower Street BFor3 East Sutherland KW9 6P8 Denorninational addrèss Copperfield House Culloden Road Westhill Invernes5 IV2 TTU5t*es The Trustees comprise all members of the Deatong, Court, the membership which is listed within their report on Page 4. Independent examiner Rhona Wllson, 8& FCCA MacKenzie Kerr Jmited Chartered Accovntants Redwood 19 Cli1Uthel Road Inverness IV2 4AA Church websitè www.freechufchcontinuin .or con re ations brora Banker5 Bank of Scotland ain St Go15pie KWIO 6RJ Page I
BROR4 FREE CHURCH OF 5COTIANO{tONTINUINfjI REPORT OF THE TRU5TE£S FOA7HG PERIOD ENDGD JI OECEMBER 202S The Trustees have pleasure In pre5entinÉ theif Report along wlth the Financial Ststernents of the chaiity lor the perlod ended 310ecembor 2025. The financial statements h3vÈ been prepared tn accordance with the ?ccoynting pollcles set out In Note I to the financial statements and comply with the charltV'5 8overnin6 document, the Charities and Trustee Investment Iscotlandl Act 2005 and the Ch3rities Accounts Istotlandl Regul3tions 26 las amended). OOJEcrive AND ACTIVITIES Affi114tlon. obl*dives and alms The congregarion 15 part of ihe Free Church of Scotland IContinuinEI denornination with con8re8ation5 in the UK. USA, Sri Lanka. Spain. Portugal and France. This Church 15 Presbyterian in Church gevernment and adheres in worship and doctrine to the position adopted by the Church of Scotland at the Reformation. This Church claims continuity with the Free Church of Scotland which came into ex15tence hisiorically in 1843 and within which there was a split in January 2000. That part of the Church which for administrative reasons is described as the Free Church of Scotland (Continuing) clairns to be more faithful to the constiiutional principles of the Free Church ihan the other part of the Chbr¢h resulting from the split. The con5titutionèl docurnÈnts of the Free Church of Scotland of 1843 remain the foundin8 documents of the Free Church Df Srotland (Continuing). Sl8nlfi¢ant oblectlves and actlvltles The principle objettiveg of the con8regabon, in common with the Church body ofwhl¢h ft is a part. is to maintain the publii worshiD Of God and advance the RosDel and kinedom of ihe Lord Jesus Christ. in obedience to HirD and in aCCOfdanie with the Scripturès. The tongregation is also concerned to exercise pastoral care and practlC31 concern IOT those in need. The tongregaiion m35S)talns the ordinances oy WOT5hlp on the Lord'5 Day, the dlspen55n8 of the s•traments of Baptism and the Lord's Supper. or8aTri5es bbath Schools. Bible Studies, Fellowships, Mid-week dnd Saturday evening Pr8yer Meeting5. Open Air Preaching, f van8èllsti£ Outreach and ptsrsues other èttivities COn50nant wilh Its Biblical principles. Details regardin8 the con8re8atiun's M3nse 15 Outlinèd in Note 4 to the FinèDcial State¢nèrits. To facilitare Its objertives and aim5 the Trustee5 have in place an ongoin8 program srheduled to ensufe the regular maintenance and upketrp of it5 property. The TrustÈÈs are committed to ensure that all practical sieps are undertaken ro promote the wellbeing cf each individual thild and vulnerable adult in accordance with Its 5afe8uardin8 Statement and Proiedure5 Pol¥. A review of the Health & Safèty polScy is condu£ted ot) a rÈÉulat basis to ensure £ompliance and thatall aspects of rlsk have been a95e55ed and appropriate artion taken. Dtjnatlons pollcy The conBregatlOD m8ke5 donations frorp its income to indiwidua15 arid organisation5 wh05e aims are compatible with the cox8iegation's objective5 and are generally known to the Tlustees and the Page 2
BRORA FREE CHURCH OF SCOTLAND ICONTINUINGI REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 DECEMBER 2025 ACHIEVEMENT AND PERFORMANCE Charitable AttltIeS Throughout the period the Bror3 Free Chvrch (Continuingl congregation carried out various activitie5 In pursuit of it trttsted aims and objertives referred to on page 2 35 follows.. holdin8 public worship on the Lord's Day, £onduttinE Mid-wèek Prayer Meetin85. holding Con8regational Fellowships and Bible studies, conducting Evangelistic Outreach and tract distributiors, endÈavouring to provide spiritual care and social 5UPPOrtfor the elderfy, the sick and those who are confined wiihin their own homes. FINANCIAL f¢EVIÈW Results for the period The financial position of the coneregaiion is reflected In the Financial Statements for rhe period a5 set out on pages 6 to 11 ol thi5 Report. The Trltstees acknowledge their gratitude and thènkfvlness to the Lord who has graciously blessed us as a con8re8?tion in Maintaining and upholding His Cavse arnong us throughout the period. Thanks and appreciation is extended to our members and adherent5 for their faithful support and generous coniribuzions towards the Temporal neeos ot the con8regaTIon. Prlncipal fundlng SOUTce5 The Brora Free Church Icontinulngl primarily recetves its funding by way of weekly envelope, plate and electronic bank payrTnt contributions &long with Gilt Aid Ineome Tax iepayment. Page 3
BRORA FREE CHURCH OF SC071ANO ICONTINUINGI REPORT OF THE TRUSIEES FOR THE PERIOD ENDED 31 DECÈMBER 202S FINANaAI REVIEW. con11red Re5erys poli¢¥ It is the polity ol the Trustees to maiirtain the unrÈstritted fund5 èt a levèl to mert on8oifB expendiiure t•4uir•Mpnts thrtsu8hoirt th& roriod. Thè Unr•>trlctÈd G•n&¥al Fiind 3l 31 DrnbOr ?025 am¢untod to ÉS.317 15 asS25seO as Prodn8dequ3tQ fundin8to meet Ihe work olthE Church. Total reserves, including bg1?nce5 on restriMedlund5 amcunledto £160.818. GOVERNANCE, STRucfuREAND MANAGEMEMF Govemln8 Document Brora Free thurth 15 èStabli5hed by Cgnstituliun. The con5tilutional dvEyrBeDt5 vl the Free Church ¢f Scotland of 1843 remain the founOSllgdocumertts ottP Free Chvrth of Scoiiènd (Continuin81. slmcwre The con8regatlon is Wifhln tle Northern Presbytery and Is authorised by the Fvee Church Cpf S<otland IContinuln81 to have a Minister paid from its cential fufids. The minister and elders cornprise the Kirk Se55ion, which Is responsible forthe spiritual overswéht of the ¢on6reÉatioD The financial administration. and matters of fabric are the iesponsibility of the Trustees. Vnder charity lèw Ihe Deacons, Court. which includes the minlstei, ter5 and deac¢s are deemed E¢} be the ISlee5 Qf the Congregation. This is separbte from the role of CongreEaiion31 Tru5tee5 r¢5pon5ibleorylyfoT holdinÉ property In trust. TtteTru5ttes IDeaton5' Courtl who served durin8 the period were.. RevThomas J guchanan Graham Sirclaii Henry Woods Iministei and Modefatorl Appolntmetlt DI CharWTrustees ThÉ Kiik Session exeJci5e5 its distretion In determiffliry the rnost aDpropriate method of ele£tinR nèw Tru4tee5 (Elders and Dpacon51. The communicant mernbership of the coll8fegatTr mu51 be Involved in the proco$5 of plrtinn mLJ£i hxvp ihÈ %llDPÉ)rl ttf th? rnAjTh¥iiV fif ihp rnmmiJThiraThl m•rnhpr<hi¥ Thp glortod must b• èdjud8ed by the exislingTru5tees to be fit for the ofFice of Trustee and be conver51nt with Ihe Churih's ethos, Hims ¢nd obiÈttiwes as well as its da¥-to-dayopÈrations parr of thelr Indvnion progromrfte new Trustee$ are requlred rfj undertake trèlnlne to ensuve aw?reiies5 and understanding ol.. the duties and re5ponsibilitie5 of Trusteès.. the orEanisatlonal structure of Ihe ¢harrty.' the Iinancial position of the charity and,. the futu plan5 and objective5 of the charity. Rlsk m¥naiement TheTrusiees regullrly conduct an assessm1 olthe major risks to which ihe congiegaiionls exposed to and take t5m¢ly 3rtd appropriate steps minlmi the occurrence of such risks. Apwoved by order of th? Board ol Trustees on. bv". and 5Tre on its behalf Trtel Pa8e 4
DROPA FREE CHURCH OF SCOTLAND Icoi¥fiNUINGI 5PIDEPENOENT EXAMINERS REPORT FOR THE PERIOD ENDED 31 DECEMBER 2025 I report on the financial statements of the chaflty for the perlod ended 31 December 2025 set out on pèges 6-11. Respdlv re5p0nsiblllts of trustee5andexamlner The charity's trusEee5 are responsible for the preparation of the fiTrèncial statements in actordante with the terms of the CharifiÈs and Trustee Investmeni15cotlandl Art 2L¥J5 and the ChaiitiÈs Accounts Iscotlandl Re8ulation$ 2006 Ibs amended). The charity tru5tee5 consider that the audit reQureent of Regulation 10111 Idl ol the 2006 Account5 Regulatitsn5 does not apply. tt is my responsibllrty to exèmlne the financial stalements requifed under sertion 4411) Icl of the Charitie5 and TrusiÈe Inve5tment15cotlèndl Act 2(K15 and to 5tète whether rtiCUlar rnatters have come to my 3ttention. Basis ol irthdependent eMarnTrnerfs %tateméTht My examination Is iarried out in a£cordan¢e with Regulation 11 of the Charities Accounts Iscotlanél Regulationg 2006. An examination incluttes o review ot the account+ng record5 kept by the charity and iomparison gf the financial statements presented wlth those records. It 2150 induéÈs consideration ol any unusual temS Of disclosures in ih@ financial statements. and seeking explanations from the trustees concerning èny rnattefs. ThE prtstedures UTrLlertaken do not Pfovide all the evidence that would be required in an 3udit. and consequently I do not expre55 an 3udit oplnion on the view givèn by theflnèncial statements. Independent examinerf$ st4ternEnt In the tourse of my examination, no matier has come to my atrenton'. l. which gives me rÈèsonable cause to believe that in any materi31 respeci. the requirements.. to keep accounting re£ord5 in ac¢ordante with Se¢ton 44lJl lal of the Charitie5 and Trustoe Inve)trnent Ikotlndl LOOS Act Resulation 4 of the Ch•ritpt) Account3 IdCOtl&ndl fttgulatiQnS 2006, and to prepare finarTr¢i•l statements whh accoTd with thÈ a¢tountin8 records comply wSlh Regulation 9 of the Charities Accounrs Iscotlandl Regulations 26 h8¥e not been met, or 2 to which. in mv opinion. attention should be drawn ID order to enèble a proper understandiTre Dt thelinontial 5tatemÈnts to be reathed. Rhono WilsDn. BA. FCCA MacKeniie Korr Limlted Chartered Account?nts Redwood 19 Culduthel Road Inverness IV2 4AA Date IU.
BRORA FREE CHURCH OF SCOTLAND ICONTINUINGI STATEM£14T of FINANCIALAcfiviTIES FOR THE PERIOD ENDED 310ECEM8ER 2025 Unrestricted Fund5 Restrlcted Fund5 23104. 3111212025 Total Fund5 Notes INCOME & ENDOWMENTS FROM.. Donations Total 48,531 48.531 148,737 148,737 197.268 197,268 EXPENDITURE ON: Charltable aitivities General Activities Total 21.974 21,974 14.476 14,476 36,450 36,45Q NET INCOMEIIEXPENDtTUREI Transfer between fund5 Net movement in Funds 26.557 121,2401 5.317 134,261 21,240 155.501 160,818 160,818 RfCONCILIATION OF FUND5 Total funds brought forwlrd TOTAL FUNPS CARRIED FORWARD 5.317 155.501 160,818 The noies lorm part of these financial 5t3teinents Page 6
BRORA FREE CHURCH OF SCOTLAND (CONTINUING) BALANCE SHEET as at 31 December 20Z5 Unrtstrleted Funds Re¥trirted Funds Notes 23104- 3111212025 FIXED ASSETS Tangible assets 190,100 190,100 CURRENT ASS$ Cash at bank 5,317 5,317 5,361 195,461 10,678 2(K),778 CREDITORS Amount falling due within one year NET CURRENT ASSErs 112,3601 183,101 112.3601 188,418 5.317 CREDITORS Amounts fallin8 due after more than one year 127,6001 127,6001 NET Assrrs 5,317 155.501 160,818 FUNDS Unrestricted Funds estrictett Pun(Js 5,317 155,501 160,818 TOTAL FUNDS The linancial statemerbts were approved by the Board of Tnjstees on L)n its behalf by.. 4-1024 16 a nd signed TNstee TrStee The notes form pait of these financtal statements Page 7
BRORA FREE CHURCH OF SCOTIAND ICONTINUIP4GI NOTESTO THE FINANCIAL STATEMENTS FOR TrIE PERIOD ENDED 31 DECEMgER 2025 I ACCOUNTING POLICIES Bo$1$ of prepailngihe ftnanclal statements The financial ststements of the charity, have been prepared in accordance with the Chèritie5 and Trustee INve5tment Iscotlandl Act 20D5 and the Charities Accounts1Scotlandl Regulations 2006 las amendedl. The financial 5taternents have been piepk¥ed under the higtoricèl 105t convention. The finaniial ststEments are prepared in sterling which 15 the funttiDtTal Ivrrency of the charlty. The trusteès consider that there are no material un£ertalftteS about the charilie5 ability to contlnue as a going concern. The trustees 3150 consider there are no significant areas ol judgements, estimates 01 key a55UmPtion5 that affects item5 in the accounts. Income All incomc is rc¢o6niAcd ir thc &tatemcTht ol Financial Activitie4 On a reClpt 6osi4. Exyndlture Liabilities are reco8nrsed as expènditure ès soon 35 Ihere is a legal or constructive obligation committ5n8 the chèTlty to that expenditure, it 15 probable that a transfer of econofflic benefits will be reouired Iri settlemènt and the èmount of the obligation can be meaSred reliablv. Expenditure is accounted lor on 3n accruals basi5 and has been cla55ilied untler headings that 3gEre8ate all costs related ¢0 the c3te80ry Wheye cost4 cannot be directly attributed to particular headin85 they have beeTh allocated to artivities on a basi5 tonst5tent with the use ol resources. Charitable Aclivilie5 Charitable expenditure comprises those cost5 incurred by the charity in the delive.ry of its objects 8nd activities. It includes both costs that tan be allocated directly to such activities and those costs Of an indirect nature necessary to support them. The allatiOn ol direct and 511PPQrt costs are 3naly5ed in the notes to the financial Statements. Tangible Ffjmed Assets No depreclation is charged on Freehold Propertv. Page 8
BRORA FRÉE CHURCH OF SCOTLAND ICONT1NUINGI NOTES TO THE FINANCIALSTATEMENTS. ¢ontlnued FOR THE PERIOD ENDED 31 DECEMBER 1025 I ACCOUNTING POLEaES. contihu Txatlon The charity is exempt from income tax on its charitable activities. The charity is not registered lor V.A.T. purpose5 and consequentially all inpLtt VAT is charged 28ainst the category of resourte5 eipended IoTwhich itwas incurred. Fynd A¢tountrng Urir¢strfded lunds can bè used in accordance with the charitable objectwes 21 the discrÈtlon of the Trustees. Resi¥l¢ted funds can only be US for particular restricted purposes within the objectives of the tharity. ResiricTions ar15e when specifled bythe donor orwhen funds are ra15ed for paniiular re5Triued purpose5. Further explanation of the nature and purposes of each fund is included in the note5 to the financial 5taternents. 23104- 3111212025 Totèl 2 DONATIOhlS AND LEGACIES Ufjrestrirtd Restrfrted Assets donated Door Collectlon Freewill Offerin8 Gift Aid Tèx Reclaim Fabrii fund collections Magazine subscTlPtions Donation5 oiher income 6,561 6,475 22,361 5.899 5.545 180 1.430 80 48,531 146,437 152,998 6,475 22,361 5,899 5,545 180 3.730 80 197.268 2,300 148,737 J CHARtYABLE EXPÈNSES- GENEAAL Denornin&fional EKpense5 Property E¥pense5 Congregational Exponses FinaDce & Adminisirative E¥pen5es Donations- INote Sl 14.749 3,782 3,230 213 14,749 15.931 3,230 240 2,300 36,450 12,149 27 2.3 14,476 ZI,974 Page 9
BAOIiAFRE£ (HiIRCH OFSCOTiAF4DIcONT114vir1 NOIYSIOIHE FWIA14CIALSTATEMENTS-cth)tinwd LIK IHiY¢Rruv £wilt51 DECtMDfft 2015 3 CHARifABL£ EXPEN5ES- GENEPAL IBreakdown an15$5) 0•nonaan Exptws Prnwy ¢VnYeDtiLil FlTrance& Athlra n5es 231IM- W1211025 Tots Remittantes lo Centfal Funds Rent ol Property 14,749 14.749 1170 508 1.104 12,149 477 873 2,170 Countil T3x RepBir5 & RelurblshmÈntCosts CarExpèThges pply C05t5 DonatiODS oiho.. Expenditure Pf¥lessional Ftes 1,104 12.149 477 873 2.3 1.880 240 46.4S0 2dO .749 15.931 AN351$h¥ Fund Unrestrirted Funds Restricted FndS 14.749 3.7e2 12.149 15,931 3.230 2.3 5,530 213 27 240 2L974 14A76 36ASO 14.749 4 TAN6181E FIXEDASSETS veehDI Property Total COST Additknn5 At aj December 3025 190.100 190.100 PRECIAMON Char8e foryfbr At31 December 2025 klEf 8ODKVALUE Ai ai December 2025 190.100 190.1(X) (onyEgationBI Mhse The Manse 15 5tptÈd •rpurchasE CQ5t The buildiTr8wa5 th>naltd iothtr ¢harliV followin8 Ye8lstraiiOTr R3 Apr112025. No depre¢iaiioM isthar8ed on Fr*ehDld Property. 5 DONAnONS Sri LaDk3 Protestsnt Reformèd Mission MERF HudsoDTaylor minis1rS IUKI 4N 370 2,Ytr) 1.41 YD O¥er5ea5 Page 10
BROJiA FREE CHURCH OF SCOTLANO IcopifiNUINGI MOTES TO THE FINANCIAL STATEMENTS- £ofttl¢ted FOR7HE PERIOD ENDED 310ECEM0ER 2025 6 CREDITORS.. AMOUIITS FALLING DUE WITHIN ONE YEAR Other lo&n5 IZ,360 7 CREDITORS.. AMOUP4TS FAIIIIIG DUEAFTÉR MORE ThAN OPIE YEAR ?D?S Other loans 2?.600 IQVEMENY IN FUNDS Net At 13-Apr-25 movemeht bthe¢n At 31 rJtc25 In Funds vnTeHNryed Fund General lunds 26.557 26,557 121,2401 121.2401 5,317 3.317 Ae5trkted Fund5 Congregational Manse F•bri¢ Fund Account 122.688 11.573 134,161 27,452 16.2121 21.240 150.140 5,361 155,501 TOTAL FUPIDS 160I18 160.818 9 TRANSFER 8ETWEEN FUNOS General Funds Fabr1¢ Furd Conirtiorl Manse Totsl TrinsfÈrs to finance expendrture Transfer for loans paid from unrestiicied funds Transfer foi loan ie031d from F3bric Fund 113,OLKJI 18,2401 13.tXK) 8,240 19.212 27,452 119.2121 16.2121 121.2401 10 EXPLANATION OF FVIID5 Fund5 General Bank AccoJnts are unrestiirted funds which the Trustees are free io se in 3CCOfdancewith the CharItae 04'etts. RostrlEt•d FuTrds The Fabrc Fund BaTrk k£ount Fepresent5 donations fecelved iowards the fepair and mèittiènènce of the ConEregational The Con6regation41 Manse Fund reprèsent%the cost ol the Manse, net ol ¥rty outstanditvd loanstaken out for Manse-rl3ted capitol expenditure. JI YRVSTEE5 REMUNERATIQN AND BENEFITS Durirtg the period there were no Trustee's remvryerated for service5 rendered and no eMpen5es were incurred on behallof tyu5tee5. 12 RELATED PARTIES DISaOSURES OrTrfortnhtion. t17t Charity look over ail Inierest free loan dve to a trvstet. At the perlDd ed è balonie of £19.960 wa5 ouf5t3nding. POEÈ 11