l{ Charlty r•ghtralloTh number SC000950 IS¢otlandl WAIRDS PARK COMMIThEE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 WAIRDS PARK COMMIThEE LEGAL AND ADMINISTRATIVE INFORMATION F An(lerstsft G Anderson l Bloomf*kl A Bruce F Bruce P Lynas O Munro J Sutton L Watson (Appolntfjd 23 March 20251 {Appolnt•d 23 March 20251 Charfty numb•r {S¢oUand) SC(th950 Prin¢ip•l •ddM• Wairds Park Bead) Road Johnsh8v¢n Montrose DD10 OEP Indep•nd•nt exajnln A.J.8. S¢hol8s Ltd 75 High Street LaUrer￿k1 A830 18H WAIRDS PARK COMMITTEE CONTENTS Committee Members, report Independent ex8min¢e$ report St8tement of finan￿al ath1t￿s Balance sheet Notes to the financial stalemenls 6-11 WAIRDS PARK COMMITTEE COMMITTEE MEMBERS. REPORT FOR THE YEAR ENDED 31 OCTOBER 2025 The o)mmitte• membefs pres￿1 their annual report and financAal statements for th& year ended 31 October 2025. The fjnancAal ststements have been prepared in aLV)rdance with thè 8C•>)unting poliues sel out in note 1 to the financAal slalemenls and eompty with the charitys WTFtten c4Jnstrtution. the Charitseg and Trustee Investment Iscottandl Act 2005, the Charities Accounts Iseollandl Regulations 2006 {a$ amended) and "Aecounling and Reporting by Charities.. Statement of Recommentled Practice applicable lo char5ties preparing their acujunls in accordance with the Financial Reporting Standard 8Fplicable in the UK and Republic of Ireland IFRS 1021. laffectNe 1 Jantjary 2019}. ObJ•¢tl¥M and •¢tlvltl•s The tharity's objeca is to promote the advaneameni of ubz•nship and ojmmunty development for tho benefft of the local community, wrthout distinction, thfough.. encouraging industve and transparent stewardship of W8ird$ Parf( as a lo¢xl asset: providing employment and personal developmert opportLtnities'. prowding accessible facylititis and areas for sodal acti￿les, local group programs and heatthy feuealion", afid managing accessib￿ a88et8, laal￿e￿ and areas that promoto public partiupa14on in sporting acti￿tI￿s. To m8lnlain and sustain the pu￿se, the c¢ynmltt•e shall: promote membership of W4irds Park Committee and Wairds Park facilili¢s' operate a Ilcensed seasonal holiday park lor seasonal re$¢dents and touring visitors-, maintain safe and artassible extsling indoor and outdoor facilitles and areas kn a¢¢ordance l¢cal authority and n*ional legislative requ1￿Ments,. and deliver improvement pro1￿ that prowde appropriate fac41￿e6 and assets for a rango of sporling, so(¥al rec¥eab"onal actlwiie3. All adwities ￿11 $pP￿ to ￿￿1rd$ ParK Jtshn$haven Ixrt may extend to othor areas a$ th¢ Committee fft. Achl•v•m•nts and perf0m￿ne0 Wairds Park had o great Summer season, welcoming bad( retuming and new visttors to the sm¥ll ￿lIage of Johnshaven boosting the In￿Me not only to us but the other Small businesses in the v¢llage, indu¢Jing shopy, hotels, and cafes. Th8 inrAJme g$nerated from OLtrr stati¢ (%ravans, caravan and camping site helps mwntair¢ all on- Stte f8alities Js well as maintain Olsr r￿￿atiOn, play. meeting, and sports fa¢ilitie$. The murti-surface sports ojurts witinue to b& booked all yeaf round by various members of the wnmunty. The only floodlit, all weath8r multi sports courts in the aw, have been Uti￿Sed by youlh football groups. council $PC*rts snitiatives, and local s¢hods as well as membgrs of the ￿mmUnIty. As part of our aims to promote accessible faalities and public parti(4pation In sporting activitie$. Wdirds Park Comm¢itee thntinue to fully support sport aclivii¢e5 open lo children in Primary 1 through to Secondary V Year. We have conUnued the provlslon of free to all tènnis lessons throughout the year In partneTshlp wsth Aber¢Jeenshire Counal Active Schods and an after scho running dub has started thls year with around 12-25 mem￿rI in rt's fiTsI tsmi. Wairds Park Committee are delighted to have three permanent memb•rs of staff maintaining the facilities ant1 adminlstrative dubes of behalf of the Committee. The Commrttee also added temporary, seasonal employees lo assist wilh the booking, deaning, and maintenan¢8 of facilities during the buwer summer months. Tho Committ08 (￿ntInue lo wc*k do$ely vAih Johnsh8v¢n BovAing Club. having refijrtxshed th• changing room arHI promded ltsd¢ers for ¥ll membors as well as deaning and maintaining the bovAing 8urfac•. The Comrnittee have cornmitted fijnds lo be Spent out of season on 8 robbit proof fence to surround ihe green. proteding and ensuring the longewty ofthe surface. The Committae hgs worked with Johnshaven Athletic Football Club throLbghout the year, provlding seed #nd fertiliser to maintain the pttc*. WAIRDS PARK COMMITTEE cOMMI￿EE MEMBERS, REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 As part of a joint projèct Benholm and John$havèn Community Coundl. John$hav8n School and Aberdeenshire Counal, Wairds Path Committee received funding to add to the play P8Tk fa01￿.￿s, the only play park faalrties in Johnshaven. The ¢)hildr•n of Johnshaven sthool workèd to choo￿ the equipment they woukl like added to thair community and Wairds Park were responsible for the planning. and projeca management of the installation. The installation look plac* in March 2025, and the new pieces of equipment have proved extremety pjpularwith fJ*lldren of all age5. both lo￿1 children and visitor5 to the area. The commlttee have hosted various events in the dubroom this year for residents. inthjding fjthee momings and srrial evenings, ensuring that all feel part of a community. Thè Commjttee also hekl a Macmillan Coffee Aftemoon. ralslng money for another ￿181 d)arty whlle bringing re￿dentS arHI mombers of th• vthr commLmty together. Fln*n¢l•l r•¥l•w Incoming resources in the period totalled £144,846.. exp8ndlture In the period tota￿ t133.888. Therofore the charity's fund8 inueased by £10.958 over the y8ar. Total funds at 31 Oclober 2025 amounted to £31,920 of which £2,124 was In respect of restri￿￿ lun¢J$. is the policy of th& tharity that unrestrirted funds which have not been designat¢d for a Sp￿fiC should be maintaine)mmrttee members who sa￿d during tho and up to the date ol ¥ignature of the fmancaal Statemonts were.. F Andèrson G Anderson l Bloomfiekl A Bruce F Bruce P Lynas D Munro J Sutton L Watson (A¥winted 23 Marc* 2025) (Appointed 23 M¥rth 2025) The com rs. report was appro¥•d by the Board of Committee Members. Sutton Convn1tt￿ M•mb•r Date.. WAIRDS PARK COMMITTEE INDEPENDENT EXAMINER'S REPORT TO THE COMMITTEE MEMBERS OF WAIRDS PARK COMMirrEE I report on the finanaal statements of the charity for the year ended 31 October 2025, whith are set out on pages 4tts 11. Respectlve re•pon•lblllU•8 of ¢ommltt•• members aTKI ex*mlner The chafiWs comrnittee members are re5pong(ble for the preparats'on of the finaniial statements in acLy)rdance with the lernis of the Charities and Trustee Investments {Scotland} Act 2005 8nd the Chartties AcLounls (S¢odantJl Regulations 2￿. The charitys committee members ¢xJnsider that the audit requirement of Regulation 1011 Ila) to Ic} of the 20C6 Ae£tsunts Règulations do8$ not apply. 11 is my responsibility to examine th• finanaal ststemènts as required under 8e¢tion 44(11{¢l of the Act and to state whether parti'cular matters have t>)me lo my attenbon. Ba81s of Indo￿ndont •x•mln•rfs •tal•m•nt My examination is carrigd out in aru*rdance vith Reg(tlation 11 of the 21108 Accounts Regulations. examination include8 8 wwew of the acuunling reo)rd$ kept by the chaiity and a comparison of the fin8n¢ial staternents presented with those records. It also indudes considerats'on of any unusual ((em$ or disdosu￿s in the financial statement$, and seeks explanalion5 Irom thè trustees conceming any such matters. The procedur0$ undertaken do not provide all the evidence Ih•t would be reqLtited in an audf( #nd f•)nsequ*ndy I do not express an ¥udit oplnion on the vithv givon by th• fin8neAal Statem￿ts. Independont •xamln•V• statement In connection with my e¥8minalson. no matter has eome lo my attention.. (al which gives me reasonable cause lo believe that in any material respec* the requirements.. 111 to keep ac£ounting record$ in 8¢X￿[danCe 7Mlh ￿tion 4411) {al of tho 2C￿ Act and Regulation 4 01 the 21￿ Ar￿unt$ Regulatlons.. and fiF) to prepare ffin8n(¥al $tat•ments which accord vrilh t￿ oQ))unting records and ￿)Mpty vlth Rsgulallon 8 of the 20C6Aca)unts Regulotions". have not bettn m&1 or Ibl to which, tn my opinion, attention should be drawn in ord¢r to fjna￿• o wopar understand￿9 of the financi￿ $ ts to be reach4d. an Hou•ton C harte unlanl Ind derrt Examlnor 75 High Street Lau￿nCe￿Ik A830 1BH Dated.. .......... WAIRDS PARK COMMirrEE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2025 Unr•strlet•d R•4trlct•d funds fvnd¥ 2025 2025 T¢)t•l Unmtrletèd funds 2024 2025 Income fvom: Donations and legaa•s Charrtable actiwlies Investments 22.040 22,040 122.681 125 122,881 125 122,078 319 Total Incom• 122,8L 144,846 126.895 ExpoDdknr• on: Charitable activitles 113.972 19.916 133,888 141.548 Totsl •xp•ndltyrn 113,972 19,916 133.888 141,548 Nèt 1n¢om•lf•xpondl￿r•l and mov•m•nt In fvnds 8.834 2.124 10.958 {14.653) R•¢oft¢lll•tlon of funds: Fund balanc*s a11 Novémber 2024 20,962 20.*2 35.615 Fund balancm at 31 0¢to￿r 2026 29,796 2.124 31,920 20.962 The stslemenl of financial actIv￿eS indudes all gains arKI lo&￿ recognised in the year. Al ino)me aThl expenditure derive from ￿ntInuing a¢tiviO'¢s. WAIRDS PARK COMMITTEE BALANCE SHEET AS AT31 OCTOBER 2025 2025 2024 CuTrent ass•ts Stocks Debtors Cash at bank and in hand 10 11 279 7,786 29,999 7.938 22,679 30.617 Credltofs: amounts f*lllng du• wlthln on• ye•r 12 {6,144) 19.855) N•t evrr•nt u••ts 31.920 20.￿2 Th• lunds olthe ¢harlty Restricted fvnds Unrestricted fund$ 13 2,124 29. 20,962 31,920 20.￿2 The financial St nt8 wère approved by the o>nmittee members on...oiJo3.12k* on Commlttm Menknr WAIRDS PARK COMMITTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 A¢¢ountlng pollc*• Charity InfOrnia￿On Wairds Park Commrttee is a registered knttish chgrity govomed by a vnitten constliu￿on. 1.1 Accounting convention The finana81 stslements have been prepared in 8ccordance with the chaiitls written constitutron. the ¢hariti85 and Trustee Investment IS¢otlandl Act 2005. Charities Ac£ounts (S￿18￿￿) Regulation5 20CK8 las amended}, FRS 102 Yhe Finanual Reporbn9 Stsndard applicable in the UK and Republi¢ of Ireland. CFRS 102.1 and the Charities SORP "Accounting and Repo￿ng by Chariti¢s.. Statement of Recornrnended Pfa(aice applicable to tharities preparing their arLourrts in accordance the Finanoal Reporting Standard applicable in tho UK and Republic of Ireland {FRS 1021" (éffèctive 1 January 20191. The charity is a Public Bonefft Entity as defin8d by FRS 102. The charity has L7ken advantsge of the provosions In the SORP lor th8ribe8 not to Prepare a Statement of Cash Flows. The fin8nc4al $t8tem8nts are prepared in sterting. which is the fijndional ￿rrencY of the <*aiity. ￿(￿etary 8moLrnl$ rn th&s• financial statements are rounded to the nearest £. The fin8nd81 stslemènts have been prepared under the historic￿ cost cor￿n￿¢)￿. The prinrypal accounting ptslides adopted are set out below. 1.2 Golng Al thé time of appmmng the finanty#l slatgmants. tha committae members have a reaSona￿e expectation that the charlty has adequate ￿soUrC&S to continue in operational exislence for the fvr¢wablè lutLEr•. Thus the comrnittee members conty'nue to adopt the going o)neern basis of 8ccountin9 in prgP8rin9 the financial statements. lj Charftabl• fund• Unrestri¢t$d fvnds ar6 availabEe for use at th? dlsu¢llon of th• commlttee members in furtheTarTh of their arilable objocts'ves. Re8trfcted funds are subject to specxfic condthons by donors or grantOTS a$ to hcrw they may be used. Th¢ purpose$ 8nd uses of the restricted fvnds are set out in the notes to the finanlaal stalemeftts. 1A In¢om• Income 58 Tecognlsèd when the tharity is legally entitled to it after any performance ¢onditson$ have been meL tho amounts can be measure£l roliably. and it is probable that ino))mo will be r8cthad. Cash donations are recognised on receipt. Other donations are re¢ogni$ed once the tharity ha5 been notified of the donation. unle88 perfomiancE conditions require deferral of the amount. Inojme tax ￿COVerable in relation lo donations received un(ler Gift Aid oi deeds of covenant is reo¥nised at the time ofthe donation. LegacAe3 artr reo)gnised on receipt or Oth￿￿5¢ rf the tharity has been noUffi•d of an impending distribution. the amount is known. and receipt is experted. If the èffltyjnt is not knwn, the legaw is tr&atad as conlin9ènt asset. WAIRDS PARK COMMITTEE NOTES TO THE FINANCIAL STATEMEprrs (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Accountlng pollcl•• IContinu•d) 1.5 Exp•ndlturn Expenditure is recognised once there is a leg81 or cot)stru¢tNe obligation lo transfer economic benefft to third paty, il is probable that a transfer of econom￿ beneffts wil be required in setuement, and the amount of the obl￿atIon can be measured rellably. Expenditurè is dassified by adimty. The costs of 88¢h actNIty are made up of thg lolal of direra ￿St$ an Shared c05t$, induding support costs involved In undertaknng each •cftvity. Dlreet eosts attributablè to a single aetivty ¥re allocated dira¢tly lo that aetivity. Shared costs which contribut& lo more than one activty and support costs wh¢ch are not attributable to a &n9le 8¢tiwty are apportioned bètween those activities on a basi$ consistent with the use of resources. Central stsff ¢os13 are allocal&d on the basis of time sp&nt. and deprec4at￿n charges are all¢Jcat8d on ofthe asser3 use. 1.6 stocks Stocks are stated at the lower of ¢X•st and estlmated selling price It￿ costs lo complete and sell. Co$1 compriwts direct materi818 and. where applicable. direct lat￿ur ¢o81¥ and Ihoso overheads that hav¢ ts￿n in¢)JrTed in bringing tho stock$ lo their present locat￿ofi 8nd ￿ndItion. It¢m$ hekj for dislrfbutrcffl at no or rtominal consideration are measured th• lower of replacement eost and cost. Net realisabl• value 18 the estimated selllng pric• ths 411 estimat•d ¢0$18 of rAwnpletion and costs to be incurred in marketing, sdling and distribuiion. 1.7 C••h and euh •qulv*hnt• C8$h and Cash equivolenls indude cash in hand, dep)08its held al ¢all ¥Mih banks. other short-temi Ilquid In￿StM￿nts ￿th original maturities ofthree months or 1¢$$. 1.8 Fln•ncl*l In•trum•nt8 The charity ha$ &1gcted lo apply the pro¥isions of Section 11 'Bask FinanLyal Instrum¢nts' and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial inslruments. FinanThal instrumen18 are reeognised in the ¢*aWs b￿ance sheet when the charity become8 party lo the ¢ontractual provi8K)ns of the irsstrumenL Financial assets and liabilities are offset, wlh the net amounts pressnled in the financaal statements. when there is a l&galty enforceable right to sel off the iecwnised amounts end thorè is an intention to satth on a fiet basis or to realise th& 8$s01 and setlle the liability 3imultaneousty. B•$k Iln•n¢hl *ts•ts 8asi¢ finanaal assets, whith indude debtors and cash and bank balances. are Inth8lly m8a¥urad at Iransacaion price induding transaction easts. 8•$1¢ Ilnan¢l*lll•bllllie$ 8gsi¢ finanaal liabiliti¢s, including creditors are reojgnlged al tsxnsaction price. Oebl instruments are sub8equenYy canied at amortised cost, using the effecth* Intewt r81• m¥thod. Trade ¢xedSlors a￿ obllgalion8 to pay for goL>as or seMce$ that have been acquired Sn the ordinary C4)urse of operations from suppliers. Amount5 payable are dassified as ojrrent liabilitres rf paymerrt is due within one year or less. If not. they are presented a5 nO￿&￿rrent liabiliti.es. Trade ugdttors orn rtwnised init¢ally at tran5a¢Xon price. D•r•eognltlon of finanelal Ilabllltl•s Financial liatJ'lilie3 are derecogniwl when tho t*aritl$ ¢ontr•du•l obligations expire or are dlsth8rged or cancdled. WAIRDS PARK COMMITTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Accounllng pollelt• IContInu￿) 1.9 Employ8• ￿nefft¥ The ¢ost of any unusad holiday entitiement is recognised in the period in the emFloyee's seTrry￿ are T￿l￿ation beneffts are recognised Immediatety as an expense when the tharity 1$ deM￿StrablY committed to temilnate the employment of an employeè or to KWo￿d• t•rniin8tion b•n•ffts. Crfllul •ccountlng e•tlm•ts• and ludg•m•nt• In th¢ applkatlon of the charity's a¢￿u￿ting poltdas, the committee members are requifed to make judgement5, estimates and assumptions about th8 carryin9 amount of assets and liabilities that are not readily appar¢nt from other souw*s. The #stimatts and assoaated assumpts'ons are based on historical •xpei¥en¢¢ and other factors that are considered to be relevant. Artual resulis may dnTerfrom these estimates. Tho esumatss and undeftying assumplons gre rewewed on an ongoing basis. Rewsions to a¢¢ounting tsstimates are recognised In tha period in which the e3tim818 is r8vised whwe the remsion affects only that period. or in tha period of the reviwon and futUf• periods Whe￿ the Tevision affects both ￿rr￿n1 and fLrtur• periods. Incorno from donallons and l•gatle• unr••tr1ct￿ Rt•trl¢t•d lunds fund$ 2025 2025 T¢)tal UnrvtrlGi¥d ft￿￿￿¢1•d fvnd• lund• 2024 2024 Tot•1 2025 1024 Govemmenl grants 22,040 22,040 Income from ¢h•rftsbl• actlvlUo• Unrnstrletsd Unmtricted funds funds 202S 2024 Sales within charil8bl• aL#lvitie8 122,681 122,076 Incom• from In¥•stm•nt• Unr••trlct•d Unv•strl¢t•d fund• fund• 2025 2024 Interest rKgivable 125 319 WAIRDS PARK COMMITTEE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 31 OCTOBER 2025 Expènd1￿1• on charltsbl• •ctlvltl•8 Provi¥ion of Provi8ton of W•lrd• Park W•lAls Park faclftlè# facllti•¥ 2026 2024 Dlrect ¢o•ts Staff Costs Other overheards 56,388 77.500 53.254 88,294 133,888 141,548 Anatysl$ by lund Unrestricted fvnds Restricted funds 113,972 19,916 141.548 133.888 141.548 Charrtable expenditure includes amounts tharged by the Indewldènl examiner tr accounts preparation and independent examination seN1*8 of £84012024- £8C4)1. Commltt•• MOM￿rn None of the commrttee memb&rs lor ony persons cjjnnected wffh them) received any Temuneratfion ¢x benefits from the L*anty during the year. Tru8tee8 were reimtjursed £e6 P024- £125) for personal expenses InC￿rred. Employ• The aver8gé monthty numbar of employees during the year was.. 2025 Nufflb•r 2024 Numbér Employmont colts 202S 2024 98$ ond $8larf•s 56.388 53.254 Th•r• w•re no employ￿1 who80 annual r¥munornth￿ w•s more than £60.(￿0. Taxatlon The tharity is exèmpt from tsx on income and gains fdling Mthin section 505 of the Taxes Acl 1988 or s•c*ion 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are appl￿￿ to its charltable obJ'ecl5. WAIRDS PARK COMMITTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 10 Stocks 2025 2024 Flnished goods and goods for resale 279 11 Oebtorn 2025 2024 Amounts hlllng duo wlthln on• y••r Trade debtors Other dgbtors 7,786 7,372 7.938 12 Cr•dltor•: amounts f•lllng du• wlthln on• ymr 2025 2024 Other tax81ion and soual security Trad8 uedftors ACcrU￿S and deferred income 2,791 3.053 211 6,144 9,655 13 R••tsl¢t•d fund• The iestricted funds of the Chanty comprise the unexpended balance8 of donations and grants held on trust subject to $P8ufic cotmlilions by donofs a3 to how they may be used. Atl Incoffllng Nov•mb•r rn8oure•¥ 2024 R•souYc•• At 31 OCto￿r oxpendod 2026 Play equipment (19.9161 2,124 The tharlty recaved grants from Ab•rdo¥n$hir• Counol to in8tsW thiklrens. play equlpment 10- WAIRDS PARK COMMITTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 14 Unrn•trl¢ted fund• The unrestricted funds ofthe charty comprise Ihe unexpended balances of donats.ons and grants which are not subject to $peufic condittons by dcfflors and grantors as to how they may be used. These indude designated fitnds which ha￿ been sel aside out of unre8trided lunds by the trustees for 5peofic purposes. A11 Incomlng Resources At 31 October Nov•mb8r Y•*ourco• ex￿nded 2026 2024 General fvnds 20,962 I22,￿ {113,972) 29,796 Prnvlous y•ar. Atf Novemb•r 2023 In¢omlng resoure Ro•oufCM At 31 Octob•r exp•nd 2024 General funds 35,615 126,895 (141,548) 20,962 1S Anatysl¥ of not aM•ts bet¥￿9n lun Unr••trl¢ted R•8trt¢ted fvnd* fund$ 2Q25 202S 2025 At 31 O¢tober 2026: Current asse￿{114b1lltjes) 29.793 2,124 31,920 29,796 2.124 31.920 Unrn•trl¢t•d R••trlct fund¥ fund• 2024 2•24 Total 2024 At 31 0¢to￿r 2024". Current assetsl{liabilitie8) 20.￿2 20,962 20,962 20.￿2 16 R•latsd yrty ￿n￿¢tIOnS There were no dlsdosable ￿lated paty trans8*Xion$ during the year {2024- n￿e1. 11