Bannockburn was originally constituted quoad sacra for ecclesiastical purposes only, without civil responsibility or jurisdiction. A Gothic-style chapel was built there in 1838 with a sandstone roof and slate walls designed by architect John Henderson (1804-1862). Originally known as Bannockburn Parish Church, the church became known as Bannockburn Allan in order to distinguish it from the Bannockburn Ladywell congregation, which joined the Church of Scotland following its union with the Church of Scotland in 1929.
In 1843, the church minister, Reverend John Harper, and some of his congregation left the Church of Scotland during the Disruption to become part of the Free Church of Scotland. The Allan Church temporarily shut in 1853 due to low congregation numbers after the Disruption, but reopened again in 1860 when congregation numbers began to rise.
The church was in the Presbytery of Stirling and Dunblane, but now resides in the Presbytery of Stirling and is linked with Cowie and Plean. It is still in full ecclesiastical use and celebrated 175 years of ministry in 2013.