Compani tegistrdliun number. SC20iO(>4
Charirn. registrdiion nutnbtr.. SCOOI 152
VisionPK
• • • Your local slght & hearlng10ss charlty
Perth and Kinross Society for the Blind
IA ¢omp#n%" limilLd b) $uardni¢¢
R¢port and I"irtJn¢ial Stsicm¢nts
for the Year b.tMled 30 Ntsi"ember 2025

Perth and Kinross So¢iety, for the Blind
Contents
Reference and AdminisirdlLI'e Details
Trubttts. Report
2to9
Inde￿nden( Examinerfs Report
10
SLqiemtni ot'Financial ACti￿lI1¢S
Balance Sh¢¢t
Nol¢s la th¢ Trinancial Siat¢m¢nts
141029

Perth and Kinross So¢iety, for the Blind
Reference alld Administralive Details
ChArity name
P¢rth and kinT0_￿5 8oci¢ii' for lh¢ Blind
Ioperaiing as VisionPKI
Company Registraiion Number
SC20ilKM
Charity Rtgi$trAtion Number
SC(Kbl 152
Trusttes
Ileena R&%hk¢s
Al¥xttnd¥i P¥•rsoii
C'lare"lThomas
D4vid Willis
Al¢Mnd¢r Chart
Siei'en'Thomson
Jinna Cil¢n
Cjarry Rii¢hi¢
Secrttary
kshie Charles
Prin¢ip*l O(fi¢¢
17-IY (ILof8L' %irLet
Indtpendent txamlntr
NLil Nqiiffis1)n CA
5 W'hiiifriars Crnsccnl
1>112 OPA
Treasurer
M4Trrri% & Yciun8 Chan¢red Accoun￿￿1$
6 Aihi)11 C'rL%¢¢ni
Page I

Perth and Kinross So¢iety, for the Blind
Trustees. Report
Th¢ Iru%t¢¢K who ar¢ dir¢Clu￿ fur th¢ purpo%¢% uf co[nP4￿I laii". pits¢ni th¢ annual r¢txirt logeth¢r with th¢ financial
lalL'tnLnls uf IhL Lh￿1[able Lottipani. fur the ).<￿ ended 30 Nui"etnbe[ ?025.
Trustees
-rhL.friiStLL￿ i¥ho gL'rwLd during the lear LmdLbd 30 NoiLmiber 2025 %4"ere-
Dr Beena R4gschkes
Alixand¢r p¢￿￿on
Clare Thom&8
AILxandLr Chan
Si¢￿en'[ho1nS0t)
lappoinith 17 March 20251
lappoinied 17 Nlareh 20?51
lappvini¢d 17 MaTLh 2025 and r¢¥i8r￿d 12 Augusl •0251
Ir¢si8n¢d 13 lanuar). 20231
Jenna (ilLn
C'harl(Ill¥ Ciunnion
Alannah Il¢nn¢&8
Th¥ fi)Ilc)Ming Trust¥¥ appoini¢d aft¢r lh¥ Irar ¢nd'.
Ciarr> RiiLhiL
lappoiniLxl 10 tk*imbL'r 20251
Strue¢ur¢, Governan<* And M*n*8emeni
'I'hL Lhariiv 1% c()n%litulLd L% a C*mwJn%. l.imii¢d b! Ciu#r•ni¢¢ *)d 1$ 80viM￿ b%" its Artirlis of A*sorisiion. lth¢ ¢QTnpJn
is rL'LI)gni%L'd hi. I IM RL¥ILnuL & C'ii%li?m% &$ ll Lharil%". 'IThL' compan)" r¢81s￿lI0n numberond 4¢oiii%h Llidriifv NuinhLr ar¥
li%lL'd lin IhL iiili and rilifL'nLL' l admini4iraiivi dL*LLiI% pd8L.
'I'hL Lharit) tru%lLL% arL ali(1 dirL'£IDrs for th¢ pu￿5¢S0r compan>" law. lknse who %¢rntd durin8 th¢ jear ar¢ d¥4ailLd (>n ih¢
rL'IL'fL'nLL' dnd admini%iralllL' dL*lai1s pa8¢.
'I'he Iloard'fj gfjwemance arrongetr*nis intlude a Finan¢¢ #nd Cienerdl I)ur￿>s￿ Commiii¢e ¢ompri%in8 four to six memher8
i?f IhL' 14()ard.
The sdltir1L￿ of ke%. mdndgemeThi rthonnel are rei'iewtd bi. the TnLsieeson an annual blsis.
Governing Document
-I'hL L()mpdnJ i?PLratL'% Urtder d MLmnrnrtdum dnd.4rtiLle% of which defLthe IL% purp()ic. pi?wer%. and gi?ILrnthLe.
In IhL IVLni uf Windin￿ up. memk'rs liabiliii is limiied Iv £1. The ArtiLle5 were las1 ￿ended in April 2014 lu mudLrnise
OVLmLlnLL and iXILnd slri iLLs 10 all ￿m50t7. impairLxl indii"idualk noijusr thosL iiiih %isual impairnieni.
Recruitment and Appointment of Directors
The Lumpdnv's direLlors s¥r¥e as Lhdrii)" Iru51¢¢s uThderLhaTili" laii". In aLLurddtice with the ArtiLle5 ufAssuLlatiun. Ihe%'
arL LIL*lid bv mLmbLts ai IhL .ffjnnual GLnLrdl NILLling iiiih onL-Ihird rLiiring b! Lach i"ear. Ihough LligiblL for
rL-LILLlion. ThL ChairpLrson is elLLILd attrtualli bi ihE Board aftcr ihi AGNI. The ArtLLIL￿ sialL Ihai. ￿h￿r￿ rLasonabl
praciii8blL. half of Ihl Icn LILYiL￿ dirLxior positions should k. held M indiiiduals ￿lIh a scnsorn imp8irniLni. The board
y also L￿oPl UP 10 thriL addiiiond dirLLiors. ThL Chief ExLLUIiiL oifiLLr. yhilL ser%ing as Compan! S¢crLiarn. is noi
PLmiiItL￿ io bL a dirLxior und¢r the Articl¢
Page 2

Perth and Kinross So¢iety, for the Blind
Trustees. Report
Trustee Induetion and Training
As pdrt of ihLir induLliort. dll direLlOfS receiie an Infom￿110￿ (kxailing the responsibilities of chariN irustees. Iht role
of board membtrs. the objects and work of (he organisaiion artd ihtir finanLial resw>nsibiliiies.
Two TrusiLts stood doi¥n ai IhL Annual GLnLrdl MLLling in Augu￿ 2025. Both reappoinied.
Diiring iht reporting ptriod. C harloiit Gunnion resigned from htr pos11ion as Truste¢. The Board of Tru￿¢t5 ihanks her for
her contribution and commiim¢ni ￿ VisionPK during hu lime in po￿.
We were deli¥ihied to welcome GarTh RilLhie 10 Ihe Board of Tr￿￿teS in ?025. We look form'ard 10 bentfiiing from iht
knoi%lLdgL. LipLri¢rtiL' and ¢nihusiasm h¢ brings in supwrting VisiothPK's Inission and fulur¢ d¢v¢lopm¢ni.
loking g Differente
VisiÉ)nPK's aim is 10 proiidL a high-quali￿.. specialist s¢nsor)' supwn ser¥ice for pL'opIL agLd 16 and oi'Lr in PLnli and
kinri1￿$ who have %ighi andli)r hearing 1055. as well as iheir families and carus. lThrough ouicome-locu%ed ass¢Ksmeiil.
c￿1￿￿1)rk und iailiirLd %uppcirL IhL SLfi'icL hLlp* indii'idual% idiniiti. ii'hai illaiiLf% i(1 IlILiii and ￿1)rK.% along%idL thim li)
LhiLkl thlir (IUlLI)tnL%. 11!. lni￿rVLTh1Dg Larl>' ￿)￿41b]i in PLopIL s Sen￿￿￿. li)55 jUUrni}.4.
Vi%ii>nl)K lil impri)i'L qiialii). of life. indir￿n￿(nl¢ ar￿ u'ellbein& ￿'hIle recogni%ing IhL diffkring nL￿.4 L)r PLI)pIL al
illirLnl 111. lifl. Il%ing Ihl Nkill% of qualifild wprrt)rt 4Ln¢J rLhJbiliuiiim 4wII' Vi%ionl>K dLlivLri rKr%i)n-LLiiifLd
4upp<iri. prULlil￿1J udviil. Lmi)lii)nul wpport and iquipmini wluiii)Dx pr()mi)iing in4Jir&ndiThiL. inLlu%ii)ii und parilLIp￿I1(jn
in L<iinrnunitliS. All WClTk 1% UndL￿1nnLyJ b!. iirong ialuLS ofiTuNI. irynpaihi.. rLNPCa. qualiii. and a Ll)illiiiiimLni li> inabling
1)Lrih Kinri)xs whirl pLuplL M'iih si&hi and hiaring1055 Lan full). paniLipak' and Lnji)) a high 4ualiiJ i)I'lili.
OUR CORE VALUES
Vi¢ionPK
enctyJr￿1r
C4114*or4t
Page 3

Perth and Kinross So¢iety, for the Blind
Trustees. Report
Vi_%ii)nPK ¢()nlinu¢4 til rnak¢ a signifjcanl dill¢r¢nL¢ to th¢ liirs of p¢opl¢ agd 16+ in P¢rth and KinTI)ss w'hu aT¢ living with
i¥hi lus* hLarin¥ Iuss. ur d￿[ itnP<iitmenl_
Through tarlv inteTr¢ntion. rehabilitsiion. erM)iional suprrtWL and assi￿1￿¢ lechnolo￿,, the seTrice enables people io
maintain ind¢p¢ndtnc¢. safei>'. and M'ellbeing in th¢ir homes and communiiie
KLJ differences made inLlude'.
Supporting over 1.7(KJ individuals across Ihe iydr
D¥lii'¢ring 3.679 tsrg¢i¢d ini¢ry¢Thlions
l.'niL bling SL'fiiLL US¢TS 10 r¢80irt ¢onfid¢th¢¢ in thil). a¢iitrili¢s su¢h ￿ ¢ookin& mobility. ¢ommuniLalion. and
mdnaging finance
Reducing isolation and loneliness Ihrough eommunii!. engagemeni and support
Pr¥vLnting csLthalivn %latulory h¢alih and L7r¢ s¢Thic¢> thwugh int¢r%'¢nti()
11 lQ/n {)1. SLf%iLL u.*Lr4 rLrll)rtid incT¢as¢d inderKnd¢nce follo￿1ng suptm and 82Q/o rew)rted feeling MOTL PO%IIiVL a￿su1
manu&Jing thlir SLrL%(Trr)' los5.
Key Developments
'I'his VLar %LLn significant SLTVi¢L dii'Llopmenl and groM1h in respo[￿ io incrL&sing delT￿d and Lvolving nLLd.
kLS dLvLI(IpmLnis inilude..
i.%in¥ dLrn(Ind.. 299 nlw rnfiyrals w￿￿￿ling a l?V• lilcri￿￿ )iar4)n-)'
5¥r￿li¥ ¥kpan%iun.. l..nhani¢d *¥n￿>r) hub pri)￿1$1￿n i)ff¢ring dual 518hi Jnd h¥arinbJ 4uppi)rt Ihr¥'¢ P¥f W¥¥K
iniL'rwLniiiin IoLUS'. ]nLr￿￿ support for pL￿pIL ￿LlEy in thLif SL'llsor%" journL)'. bLlorL' LLrtiliLdiion
IhrLbhi)Ids drL fLdLhid
Wiirkliirii di￿￿1(1p1ni￿t.. Prugrlssiots of sp¢ciall￿ Ifdinin8. includin8 Vision Rihabililaiion qualilicaiioii*. 1381.
l.¥iil l. and lipnading Iraining
NLW SLf¥iLL lrtitialivLS." I)LILlopm¢ni ofa"l.ii"e Ynur W#%". pro8ramm¢ in¢ludin8 VR-ba%¥d ¢mpaili> trainin8 for
LdfL'r% and families
Livid LxpifiLn¢c Involvi￿lL￿r.. E￿ablishMen1 of a new and &qTer involi'LnKml group lo slrenBlhin
Iv-prodiiLiion
Partn¢rship working.. l..xpand¢d rollab(waiion ￿"Ith NHS s¢Tric¢& ￿CIal ca￿. opiom¢lri5ts. car¢ hom¢s. and
Ihird-5¥Ylor organi5alion5
InLfiL%L in hedlih wtllbeing aLiii"itie5 inLludLt18 Drumts￿lL. anoiional supporL mindfulness and ihe
d¢velopmertl of the ￿1￿.
4lslonPK
Page 4

Perth and Kinross So¢iety, for the Blind
Trustees. Report
Delivering Impact
Vi5ionPk LontlrtuL￿ 10 dcliiLY strong, measurdblL l)iJlei)mL￿ aligned with national and local straicgic prioriiics. including ih
Scottish GovLmmeni-s See IleorStraieD'.
Independente And Safety
810/0 ofsurveN'ed seThi<e users rerM)rted increased indeptndence.
S¢TriL¢ u%¢rs ￿ suppDrt¢d lo Irav¢l saf¢li'. us¢ as>ixlii'¢ ¢quiptn¢nL JJwJag¢ daily and r¢ttwin in their i)Ivn
hiimls.
R¢habilila¢ion s¥fYj¢¥s [l￿v¢¥ risk of fall* xxld¥.rt￿ artd loss of
QuAlity of Lift
112Q/o l)1'sifviLL USLTS rLrKirtid Ililing morn ￿lS111Ve atM)ui Iheir s¢nsor)' loss.
C'arl M¥d%uris ii1iru¥i(14&15U. r&fl¥&iiDg hi¥h sa11sf￿. livn.
lJl,'l uulLumL'S %hi)1¥ sircing iinprov¥m¥'nts in ¥moiional ￿.11b¥In& ¢onfid¢n¢& and laili. fun¢lionin
Earl). Intervention And Prevention
.4irlJ siipport TLducLS reliance on Cjl). aiidiolo&i'. and emLrginc)' ser¥ices.
%ibinili¢dni iiwt a%i?idJni¥ arrus% h¢Jlth and s(Kial ur¥. s%si¢ms l¢.& r¢du¢al hobpitsl 4dmi55ions. d¥lay¢d rar¥.
pdLka8L'%. dnd l¥W¥f Lri%i% irtl¥r¥¢rtiithnsl
System-wide Impact
()%Lr 120 profL￿510nal5 Ifdlnl￿ in sensoo. awarLnes& wilh 95% rLEM)rting incrLasLd confJdLncL Lll sUPPOrting
%LfviLL 11SLrs.
45 stud¢n15 ¢ngag¢d ihrough plac¢tn¢nts and shadowing oprrt>rluniti¢s.
Improi<d relerral paihwa%'% and partnerthip M"ork"irt8 across and third se¢ioT f¢rvitts.
DLvilopmint ofsLnsor) ihampions in LarL homL xiiings
Page 5

Perth and Kinross So¢iety, for the Blind
Trustees. Report
VisionPK
E4rty lrterventloft- & H••rl
Thiiiwi¥14J•
Servlce User Fttdb*ck
%LrviLL' uxL'r leedbaLk LoniinuLS io demonsiraiL stron8 saiisfadion and posiiii'L ouicr¥me5.
QuAntitAtiTre Feedbark
46 LarL ML&*iiN rniums an aiLTdg¢ of48150.
7W/o ol'r¢spiind¥ni% r¢port¢d improv¢d und¢rslanding aThJ manag¢m¢ni of Ih¢ir 5¢nson.1055.
83Q/o riportl￿ impri)wid abilii). 10 manage dail%" ￿￿kS safel)" arwj inder*ndenils.
67Q/o rnPOrt¢d improvld ofaknisiiv¢ Icchnolo&i'.
7?rt/n r¥pl1rtK￿ improv¢d ¢moiiMal w"¢llb¢ing.
Qualilalive Ftedbwck
S¢Tri£¢ u5¢r5 consi51¢nilN highlighi itnpro*wn¢nis in ind¢p¢nd¢nc& confid¢nc¢. and quality. of lif¢'.
'] am using ihe ¢quipin¢nl in ihe kiich¢n and can no￿ prqMr¢ a meal rn&self.-
"I fkxl mor¢ confid¢nl wh¢n l am in a bu￿. p13tt now"_
'The hedring dewiL¥ IS life Lhatlgirt
l Lath hearLYpnvetsYiitins all otrer the n)om.'
"The rlhab worker changed m) lif¢ iihen she shoM'¢d me ihe inagnifier.
Page 6

Perth and Kinross So¢iety, for the Blind
Trustees. Report
Our Priorities
SirLngihin finanLial sU￿aInabIlIti' and increast it￿￿mE gei)erdiion. M'iih coniinued focus on reducing ihi deficii.
Relr¢sh and implemtni a dl'namic lundrnising sirakg)., including grO￿th in cominuniti. tuiidraisiii& legacy
Iiiiome. and th¢ d¢b¢lopm¢ni ofn¢w incoille sireatns.
D¢N¢liip %lrat¢gir Lurpt)r41¢ parin¢rxhips lo ¢ThhJt￿¢ financial supwrL rJis¢ awar¢n¢ss. and build lung.I¢Tlll
ENpand oiir health and ii'ellking offer b). d￿'t10p]ng M&￿in8fiJl aciiviiits thai improve the qu81iry' of life for
pL￿pIL ￿1th sensorn Ioss.
C'()nlinu¢ l(1 grow our kfriending.q¢ryice lo reduce iwlalion and pro¥ide ongoing ¢moiii)nal %uppÉirt.
D¥i¢lup ￿tr￿n¥th￿n partn¥rships Jthd Loll#lNJralii¥ working across thi ¥'¢iur wiihirt lu¢al ¢ommunili4$.
C'oniiniie de%elopin8 hearing loss sUp￿rt Ihrough Ihe Sen50n' I lub and in Iht Mider communiii.
l..xpliir¢ and implemeni emotional and psiyhological suptrf>rt smices for individuals with lo%% thTuughout
ITrLrih and Kinri)K%.
]nir¥￿ rilKrr41y. with a ¢ortlinu¢d f&us on pro'¢rtlion Jrtd ¢8rl!' ini¢rv¢niion.
InLfiaSL' IC)liiniiLr niiinbLN Miih sN*ific Lffons 10 recruii i'olunlLYrs Ii'hi) lia¥e lived experiLncL ofsL'nsory loss.
Muki a illar. %traiLgiL dLcision atM)ui IhL long-ILnn fuiuTL ()r(IUT in¥L%unini PTI)tKYi%'.
Fihineiil Ovtryiew
l)IiriiibY Ihi.% lin4ini¢al PLTiod. Vi.%ionPK g¢n¢rnt¢d an income of £470.193. repre¥¢nling an IV• Incri&%L i)n Ihi prLiii)u%
pLrii)d. l>iir largtLs1 singlL si>urLL (if inLI)mL rLmain(￿ 4)UT lon1￿ 14.ith PLmh an¢J Kiiiri)%% IIL4LIth and %(Kiul Carl l>aniiLr%liip
lÉ>r Illl dLlii'Lr) i>fuur spLiiulis1 sLnboTJ sin'iils.
Wi arL diLpl> grnlLI'ul liir thi dcil14llll)fL* inci)Th frum fundrnisiiig i￿L[b￿ and groni.% 14'L fLIiivLd Ihri)ughiiui Ihl ￿LaT.
IIILILiditi¥ ￿11￿1 iiinirihulii)ns from %mallcT and local Injsts. -lThix funds havL d¢NLIl) Inablid us lu Li)iiiinuL diliiiriiig
1%sLntial iiTViLiS and acti￿li1￿S for FKopIL in Pirth and kinross I1￿1n8 with sighi andlor hiaring loss.
Qur i()ial expLndiiiirL' for ihL' pLrii>d £530.tAM. ILadin8 10 a deficii of£60.411.
Vi5ionPK 5 r¢5¢rn¢5 compri5¢ prop¢rly and ¢quipm¢nl %?lu¢d at f 323.8H. oih¢r ass¢1& Such as cash in th¢ bank. slocks and
d¥bii)rb lolall¢d £IU2.927 mithus liabiliti¢s Irai'e r¢s¢rY￿ ol'f361.504.
Our li)miir protKrt> ai Sl l.ionaAI s Bank coniinuts 10 be held as an inve*m¢ni ass¢L generdling an annual incomi or
£37.250. whiih is uslxl lo hilp fund ￿￿ilL dLlii'ir%'.
Wi Miiiild like 10 extend our heanfeli thanks ii) all ihe supporters have coniribuiLyl li) Vi%ii)nPK thi% Near. Your
gLnLriiiilN hL'Ln in%tTumLnknl in Lnablin8 US tn gTOW. %1rL'rt8ilK'n. and adapi our ice% lo i)dlLT MLLI IIIL. nLLd% nf PLÉ?ple
i%'iih .%¢'nil)n imp￿lirMen1% aLri1￿5 l>¢rth dnd Kinn)%%. Becau* ()r l.vur sup￿rL M"e IE been ahle li? enhance ()ur faLililie
Lxpand vur redLh. Lontinue d¢liiering Ihe iat¢. oppuNunilie5. Lommunili" CUrtrteLXiun Ihal eveThone d¥ser%'e5.
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Perth and Kinross So¢iety, for the Blind
Trustees. Report
Reserves Poliey
The IrLJSttes hai't agrttd thai the Lqrgei l¢i'el of restrn.ts should b¢ equii'aleni 10 Ihree Inonihs of nonnal operating
expenditure. calculaied alltr excluding iht ialue ot'propeni and invesinieni assets from iotal lunds.
RLsLfsLS afL' [l￿lL￿L￿d on an ongoithg basi5 10 LtisufL' ihe OTgan15alion maintains a prudLnl and susiainable financial
Posilion. ThL Ifus1iLS figularltr assess ihi balarteL￿ held in all futhds 10 diierniint Mhiiher IhL! arc likili io ￿. Tiquifid in ihe
near itrm.
Wh¥r¢ n(1 itnm¢di<ll¢ (Ir %p¢LilJc L¢iJntniimLni% ar¢ identified. th¢ tyw%i¢¢% ii'ill wek 10 all<Kat¢ %ury)lu4 fund% l(} appr(ipriale
pri)jLLl% i)r iniiiatiNi4 ih41 %UPPL)n Vi51l)nlJk'% obj¥xiii'¥% and IK'Th¥fii lh¥ F&Y)pIL *Th¢.
Externgl ExAmithers
-I'h¥ aiiiiiinl_% LK'¥n pr4parid in a¢(￿rda￿L¢ with IK. aL4iMiniing poli¥iLs roinpl). with th¢ ihaTily s gov¥rning
IILum¥nl. thi Li)Tnpuni&% Act 21K)6 and thi Sta*Jn¢nl of RicoTrur￿￿d￿d Prdclic¢. 'Acu)unting lind RLp()rting bj Charitii
￿l￿rLh 2005.
¥Xiiininatii)n i)r lh¥ iiLLciunls uf whiLh Ihl ¥xl4rnal i¥amin¢r is uthJivJr¥. 'lTh¥i' hJi'¢ alsu Ihal Ih¥} ￿k￿D all
nLLi%*ur) Ilips 11) idinlilj. %ULh r&l¥vanl infonnalion and Iv Ihai thi ¥xl¥rnal 1% uwaN of il.
11 dLiidLd al IhL 2025 ACJM 10 rcaprrtTrini Al.￿$ Audit Scr¥ictS &$ CXlLrnal Lxamincrs i)f Ihc sociLI) % acc()unL% r(Ir ihL
nLKI IinanLiul PLriud.
I rii)iiri i%.'LS appri)ved ihLb irusiees ofihe charii). on ?0 Au8U%t 2026 and si8ned on IL% bLhall'bv.'
l)r Illlna RasLhk¢
-1 nist¥%.ILhair
Page 8

Perth and Kinross So¢iety, for the Blind
Trustees. Report
Statetnent of truste￿. responsibilities
Thi IruslLib li&ho arL albo ihi diriliors of Perth and Kinross Sociep. for ihe Blind for the puryM)ses of companv lawl are
responsible lor preparing th¢ Irusites, report and Ihe tinancial S￿lements in accordance wilh applicable law and Uniied
kingdom Accouniing Sthndards Iuniitd Kingdom G¢n¢rdlli A¢cepi¢d Accouniing Praciicel. including FRS 10? 'The
I'.inancial Reporting SI￿dard applicable in ihe UK al￿ Republic ot'lreland".
C'()tnpunN la￿, r¢quir¢s lh¢ Iru%l¢¢s tib pr¢par¢ finlU￿li1l %laktn¢nL% f()r ¢ach financial i'¢ar. I Ind¢r COliiP<inN law the tru%1¢¢
tnu_41 ni)l <ippruv¥ thi lin￿LIa1 i1411¥[n¢￿1s. unl¢55 iLfL Siiiisfilxl thai ih¥i" gli"¢ a Inj¥ and fdll uf lh¥ %taiL' lif affdit% ()f
lh¢ ¢haritsbl¥ iotnp￿j. and uf lh¥ inrumin¥ and Jpplildliun ofr¥suur¢¥s. iniludin¥ its. in¢uttK ¢Np¢nditUT¢, of
thi Lhi￿lIabl￿ C()tnp<lti} lur Ihui p¢riu(l. In pr¢p4wiThg th¢_* financiiil %1a*jT￿n1￿. th¢ Iru>1¢¢> ar¢ r¢quir¥d ii)..
select suiiablt accouniing policies and appl). Ihem <onsisienily.'
(Ib%¢rve the meih(yJ5 and principles in the Charili¢s SORP..
rnoki jud¥¥m¥nls artd itslimai¢s Ihai Jr¥ r￿Ortabl¥ prud¥tll-
tait ￿he(her appliLdble aLLoiiniinbl sthtmlards.. coinprisin8 FRS 102 hai'¢ kn lollowed. subject 10 an). maierial
duPdrtiirLs disLIi)%LxI LxplainLxI in ihL linancial siaiiin¢nis: and
Prnpiirl IhL linanLial 4iaiLmLni$ on Ihl going conc¢rn t￿1$ unl￿5 it is inappropri4LIL ￿ prL%uinL thal thl Lharitahl¢
Li)mpanJ ￿111 iiFniinuL in bu*inL.%s.
-I'h¥ Irii%lii% iir¥ r¥%pi)n_%ibl4 li)r k¥¥pin8 prO￿r a¢¢ouniing rttords thai ¢an disikJs¢ ￿'11h T¥ayinabl¢ 8¢¢ura¢¥ Ji ani lim¢ ih¢
C'i)mpunii% Ail 211()6. '1'hi? alw r¥ipvTL%ibli Ivr sal¥8uardin8 Ih¥' of thi charitsbl¥ rotnpany and hLnr¢ fur liikin¥
rid￿}n￿bIl %l¥P% fi)r lh¥ pr¥l4niitsn and J¥l¥&li1￿ of fraud #nd uih¢r irr¥gularili¥
Page 9

Perth and Kinross So¢iety, for the Blind
Independent Examiner's Report to the trustees of Perth and Kinross Society for the
Blind
I r¢pi)rt ()n th¢ dlcuunls uf th¢ clwtti fur th¢ y¢ar ¢nd¢d 30Nuv¢tThb¢T 2025 H'hich ar¢ sci out un pag¢s I 110 29.
Responsibilities and basis of report
'I'h¢ Irusi¢es [￿h0 ar¢ alw lh¢ direitor5 of Ihe compani. for the pur￿5¢$ of compan!. lawl are restMbnsibl¢ for the preparation
ol-the a¥c()uni% in a¥iordanL¢ Niih lh¢ i¢rms of Iht C'hariiie% and I rus¢ee In%'¢Nimeni l%cntlaiidl Aci 211115 aDd tliL C'hariiies
ALL(iunL% I%Lciildndi R¢guldliiin4 211()6 l&s atn¢nd¢di. lkn¢ ￿￿%￿¢¥ con%id¢r tha¢ th¢ audii requir¢menl of R¢gulaiion l(11 I I lal
lo Icl of Ihl 21Mkn Accounis Regulations do¢8 noi appli..
It 1.4 tny r¢%pon%ibilily lu examin¢ th¢ accounL% r¢quiT¢d under %¢aion 144M11 Icl of th¢ Aci and to lal¢ wh¢theT PartiLular
trwii¥r% hav¢ cotn¢ Iv tny ull¢J)tion.
Basis of independent examiner's report
M). ¥xatninaiion is ¢JrriiJ out aLioid41nL¢ wilh R¢gulaiion I l orth¢ Chariii¢s ALcuynts' i%coilandl R¢¥ulaiii)n% ?006 las
utn¥nd¥dl An ¥xJtninJliLbll inLlud¥s <1 r¥1 ofihi J&Louniing h!. lh¥ ¢hJrii!' <tnd a LumpaTlsl)ll i)rth¥ 4¢¢1)unls
prL4LDiid I￿1th Ih<)iL rLji)rd%. li <il_%l) inLludi% ¥()n%id¥raiion i)r an). unu%u411 ii&iTLS 1)r diyLlo%ur¥% in Ihl ilLLIIUnl%. aiid %¥Lky
IxpluDatii)n% fri)Tn )VU Iru%l¥¥% LonLiYDin¥ an!. %uLh mallirs. Thi pnxiduris du ni)I pr()vid¥ ull Ihi ¥vidLn¢L
Ihiil wvuld ￿. r¥4uir¥d in an audiL and W￿￿￿u¢￿il). I noi ¢xprw an OPinHbn on lh¥ view gii'¢n thi aLLvunts.
Indeptndtnt emamintr's 5tatemtnt
Yi)ur Ull￿n(lI)n 1.% 111 IhL tail Ihai IhL Lharili. prLparLYJ financial %iaiLmLlli* in aLLI)rdanLL ￿lIh .4LLI)uiiling? and
rLlX)riing b%. C-hdriiiib prLparin8 IhLif thLLiTruni* in aLLcirdancL 14.iih IhL l.inanci81 RLporting %iJnddrd JppliLablL in Illl IIK
nd RLpuhlii i)I' IrLland 11.'R% 11121 in prLlirLnLi 10 ihc Accouniing RLrrf)nirbg bi. C'hJriiiLN.' 5IJiLinLnl (If RLc()IninLndid
l)raLIIII i%SLiid i)n I klpril 211115 Mhiih is rLlirrcd 10 in Ihl LNiani fvgulaii()nN bui ha% nuu, bl'in ￿lIh￿rJ}4I1.
Iindir.%iand that thi% has tK'Ln di)riL in ordLr for Ihl financial ￿81(n￿nI.% 10 pmii(k' a iruL and fair in accordunLL wilh
IjLnirull> AILLPlid IJraLliIL Lfliilivi for rnponing PLriud% hL'ginning i)n or aftlr l January 2015.
In LiinnLciii)n wilh my L'xaminaiion. no maiiL'r conK' 10 mv aiiLniion'.
I I I which giv¢$ m¢ r¥'asonablL' ¢aus¢ 10 b¢li¢¥¢ ihai in oni. mtsierial r¢sp¢¢i lh¢ r¢quirem¢nLS'.
10 kLLp 4licouniing rLLords in accordanci Hiih SLYiion 441 Ima) of ihL •005 Aci and R¢gulaiion 4 of Ihi 2006
ALIULinis RLgulaiions'. and
lo prlparn aciounls M'hich acwrd with th¢ accounlin8 r¢cords and compl). M"iih th¢ R¢gulalion 8 01. th¢ 2006
ALiounts R¥gulalions'.
which htt￿e not been met.. or
121 to whirh. in my opiniffi. all¢niion should tx drawn in ord¢r ￿ ¢nabl¢ a prop¢r understsnding of lh¢ acwunt5 lo b¢
r¢a£h¢d.
NLII Morrison CA
A£Lls ALidil SLrvicLs
5 WhiiLfriars Cresttni
PERTH
PH2 OPA
Dale".
Page 10

4 C
pl
* v)

Perth and Kinross So¢iety, for the Blind
(Registration number: SC205004)
Balance Sheet as at 30 Iyovember 2025
30 Noiember
202.5
30 November
2024
Note
Fixed 4ssetg
Tangibli
Iniesiments lincludirt8 Ini'esimeni Pror*n)I
14
13.834
310.0(XI
12.884
310.0
3?3.¥34
Current Asstts
16
615
l)Lbiors
C'(i%h ul bank in hand
17
1.097
911.839
13.272
156.974
102.927
170.861
Crtditors: Amounts fglling d￿t within one year
18
165.2571
166.A3111
Net current asjtts
37.6711
Total Assets less turrtnt liabilities
361.504
426.yl 5
I'rtdltors: Amounts f*llln8 dtst After more th*h one ye&r
19
N¢¢ •M¢i$
361.504
4?1.915
Fuhd$ of iht ¢hhrity:
Restricted
2?.3PI
3.3R3
Unrestricted income funds
257.?16
346.894
71.638
TL)14?l UnrcslriciL￿ funds
339.125
4111.532
Total funds
22
301.51>4
47l.y15
ThL nOlLs ort paELS 14 10 29 form art iniegrnl part of financial siatcmLnts.
Page 12

Perth and Kinross So¢iety, for the Blind
(Registration number: SC205004)
Balance Sheet as at 30 Iyovember 2025
FUT th¢ fin￿lia[ v¢ar ¢nding 30 No1¢￿b¢r 202) th¢ rharih. ¢niiil¢d io ¢x¢tThption fro]n audit und¢T S¢Ction 477 of th¢
Cutnpanies ALI 2006 relJlinB to Luttipdniei.
DiT¢Lturs' r¢¥punsibilili¢s'.
The mtmbers haie noi required the <harii%' io obtain an audii of its accounts for the s'edr in que￿10￿ in accordance with
seciion 476 of (he Companies Aci )006: and
'I'h¢ dirlclors acknowlidge th¢ir re￿O￿5)bIllI1￿ for compli'ing H'ith the requirements of ihe Aci with respect to
accoulning rtcord4 and lh¢ pr¢paralioD of accounts.
ThLsL finanLial siaiLm¥nts hav¢ b¢¢rt pr¢par¢d in 8¢¢ordatKx with Ih¢ SP¥¢ial provisions rel￿1th8 10 ¢ompani¢s subj4¢110 lh¢
¥wll ¢UmpanI¢￿ r¥girn¥ Miihin Part 15 iJfih¥ Cump#ni¥s Ali 2(K)6.
Th¥ finartLial Sidl¥m¥'rtls on pag¢s 1110 29 M'¢r¢ appwi'¢d by lh¢ trus￿% and auih0ri5¢d for issu¢ on 20 Augu￿ 20?6 and
l)r IILLna Rthsihkes
ThL nOlLs ort paELS 14 10 29 form art iniegrnl part of financial siatcmLnts.
Page 13

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
l Accounting policit
Summary of significant accounting policies and ktv ac¢ouuting estimates
-I'he prinLipal aLLC)Illilin¥ poliLI¢s i?pplied in Ilit pr¢pi?fiiion of Iheie liiiaiiLial siaitmenis are sd out belo￿. Thest polieits
lia%'L hiLn LClllblS1inil% dppli¢d 10 all iht *tars pr¢S￿lI¢d, ￿nIt$s01h¢￿*l￿ siaied.
BASIS of prepAr*tiot)
-I'hL finJnLiJI SlalLrnLn1￿ hav¥ b¢'¥th pr¥parnxl in a¢¢ordath¢¥' ￿"1th Alxuuniithg and R¥V)nlrtg Charili¢s.' SiaiLmLnl of
RLLummLndLd PraLIICL appliLablL 10 ihariliLg pr¥pthring th¥ir d¢¢4)urtis in a¢¢ordttn¢¥ with IhL Fin￿tI#l RLPOrtirt8 Sitsndard
uppli¥abl¥ in lh¥ IIK R¥publii of Ir¥land (FR8 1021 l&lTLxiii"¥ l JaThuJr)" 20191- IChJriti¥s %ORP IFRS 10211. Ih
l.'inJnii#l R¥portin¥ si￿dar{l appli¢abl¥ ith lh¥ UK R¥publi¢ ofir¢land IFRS 102) and th¥ Compani¥s Act 21KK),
IJLrih and Kirtro&g Sw'i¢i% for ihL Blind m¢d5 th¢ d¥finiiion of a publi¢ kn¢fii ¢niii! und¢r FRS 102. Ass¢ts and liabilili¢s
ori initiall) ￿COgnis￿d ui hi￿or1￿￿11 ¢vxl or IraJ)sa¢iivn valu¥ stst¢d in thi NI¢v￿( a¢¢ouniing policy
Exemption from prtPAring a ¢*sh now stattmeht
-I'h¥ ¥hiirill l)Pl¢d Iii a(ILlPI Aull¢iin I publish¥xI ort 2 fv¢br￿ry. 2016 and hav¢ ih¢r¢fDr¢ noi in¢lud¢d a ¢ash flow
Dlsclosurt of lonR or short period
'I'h¥ Lhuril> %hi)rtin¥d ill )iar fri)tn 31 Nlar¥h 20?S 10 30 NovLmlKY 20•4 irt the prior y¢aT. u)mpaTalii'i piriod
Ihi linunLiul ilat¥in¢nis i> Ihmflirn 11 tn(Inih.%.
.1 lil Irii.*1¥¥s iiiiiiidcr that ni) fflalcrial Uncirlalnii￿ alKJuI lh¥ charil&'s abili1& lo conlinuL a5 a g(iiiig c(IncLm iii)r any
%igniliLanl a￿al (If UnL¥rtainl￿ Ihai all¢LI ihi carn ing valu¢ of a￿$¥¢$. h¢ld b! th¥ chaTiIv.
ltht#me and endowmtnts
11 iiiliiiiii i) riLI)¥bni%id unLL thi charity ha5 ¢nlitl¢m¢nl lo lh¢ incom& il is probablc thai ihe incomi will bl Tcci1￿￿￿ and
th¢ amounl ofih¢ in¢om¢ T¢c¢ivabl¢ can b¢ tn¢asur¢d r¢liabl)'.
andlegllclé
l)i)naiiun% dnd le84Lcies are re¢o8ni&ed ot) a receivable b35is when receipt is probable and the amount can he relidblv
m<asur<d.
Déferreillnrome
DLfLrrLd inLomL rLpresenis amounis receibe41 for fuiure p¢riiNJs and is released 10 incoming resources in ihc pcriod for
which. il has been received. Such income is onli. deferred when=
Thc donor spLiifiLS Ihai thL grani or donaiion musi onli bc ukyl in fuiurc accouniing pcriods.. or
The donor h4?s imposld conditions Hhich musi b¢ mei kfor¢ th¢ charity" has uncondiiional eniiilemeni.
Inveslmenlincome
Inionie Irom In￿¢stmentS held and bank interest TeC¢lI"¢d is cr¢dii¢d ￿ th¢ Stalement of Financial ActiTriti¢s when
r¢ceivable.
Rent r¢reived for inve5ttnenl PTDP¢rti¢s are credited ￿ the Sialernenl of Finanrial Activilies on the arrTuals basis.
Page 14

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
Eipenditure
AII LAPiiiiliiure is ￿CogniSed once there is a legal or con￿rUcili.¢ obligation ￿ thai ex￿ndit￿re. it is probable settlement is
required and the amount can bt m¢asur¢d reliabl!.. All cosis are allocaied 10 ihe applicable eAptndiiur¢ headillg thai
aggregaie similar cosls 10 Ihai cai¢gor%'. Whtre cosis canthoi b¢ diredli. aiiribuied 10 panicular headings Iht). hai'e been
allocai¢d on a basis consibteni wilh ihe use ol. resource& ii'iih cenirdl ststl. cosis allocated on Ilie basis ol. lime sptni. and
dLprLciaiion charges allocaitd on the portion of the asset-s Use. Other suppon costs are allocaied based on ilie spread ol-siaft.
C0515.
'I'h¥%¥ arL ¢()%1% inLurr¥d in allrnlaing I'olunlars. inw[￿. lh¢ JTwiag¢tn¢nt of iDv¢%irD¢nis' ajjd thus¢ inLu￿¢d in trading
uLiiviti¥% that r<li% funds.
ChAAiftblé &c¢lvliies
C'liitritsblL' LXPLndilure compris¢s thos¢ ¢osis in¢vtt¢d bi. lh¢ ¢hariTh' tt) th¢ d¢lii¢t!' of its #¢livili¢s and s¢rwii¢s for its
ik'nLIILidfiLi. It inLluiJL* hoih cosls thai ¢an b¢ all￿#1￿ direcili. io such a¢iii'iiiLS at￿ Iho&L' Cosls of an indirLLI naiur¢
ne¢¢ss1L ry to siipport Ih¢m.
support ¢oJts
Siippi)rt Ll).%l% inLludL' ¢¥rtiral lurtLlii)ns htiv¥ b¥'¥rt allixoi¥d 10 &livii! ioil ¢aligi)ri¥s on o Ll)nii4l¥ni Milli Ihw US¢
Ill. rLiI)ufLL%. lor ¥xwnpl¥. Jlloiatin8 pfop¥¥rt%" ¢V51s b! floor ar¢as. or p¢r ¢apii& jLIII' b> th¥ limi sr*ni and uihlr ¥OSL
b). IhL'ir u￿Be.
CovernAnce ¢oJts
'I'IIL%L' iniliidL' IhE' LO8L% aitrihuwbl¢ io th¢ charii) s ry)mplian¢¢ Miih ¢onsiiiuiional snd stsiuiory. ￿'qUIr¥M¥rt& inLludin8
audit, %irat¢Bii manag¥m¢ni and Irv￿¢¢$ m¥¥linBs ond rtImbU￿ ¢x￿n$¢5.
Taxatlon
IILrih Jnd Kinri?*8 S()fl¥ty for th¥ Illind is a chJrii)- atmi is noi liabl¥ lo Co4xTrTalion 'l'wx. S¢* noie 13 ￿.10￿. chariti is
Dvi r¢¥isl¢r¢d lor VAI. and r¢50urc¢s ¢xp¢nd¢d ih¢r¢for¢ inrlud¢ iTh¢wi"ernbl¢ inpul VAT.
Tan2ible fixed assets
llldii'idual ais¢ts' Losling £nil or mor¢ iniliall) r¢rord¢d al E05L l¢ss an!. sub5¢qu¢nl a￿ul￿Ulated d¢pr¢ciatii)n aiid
uby¢qu¢nl ac¢uinulai¢d irnpaiTtn¢nt1055¢5.
Dtpre¢ixtion and #mortisltion
r)¢pr¢iialivn is proNid¢d vn tangible fixed a55¢ts so as Io WTil¢ otrthe c05t or ￿aluation. less an￿ e51irnated residual i'alue.
0￿¢T thiir ¢xp¢c¢¢d u5¢1ul ¢conotnic life a5 follows..
A55et cla55
Frtthold Land
FrL*hold buildings
FiAlures. fiitirt¥s dnd ¢quipm¥ni
DepTecixtion method and rxte
iioi depreciaied
noi dLprLYiaiLd
2￿/0 reducing baidn¢e
Page 15

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
Investjnent properties
C'Lru?iii cliariil proptrtits are held for long-*rm iTh%'estmeni. Ini'esimeni properties are accounted for in accordance with
FRS102 section 16. as tollows..
No depreLiaiiun is prO￿lded in r¢speci of iniesimtni [Ko￿nI¢S as Ihe i'alu¢ is considered annuall} and revalued
profLssionall} tv¢rs' five )tars. The surplus or delicii on rei'aluaiion is recognised in ili¢ sthiement of finaiicial activities lor
th¢ Near.
-I'his Ir¢aim¢nl as rtgards Iht chariii's ini'esirneni prop¢nies ma!. k a (kparture from the requirements of Ihe C'ompanies Aci
LiinLLrning Ihl dLprLYialion of fixed &SS¢lN. I loivei'er. Ih¢N¢ properties ar¢ noi hLld for coii%uiiiption bui for iiive%1111Lnt aiid
IIIL tru41¥¥% L()n%idLr Ihai %i'%l¢matic annual dL'Prn'ciaiion would be inappTopriaiL. llie iicuiuniing p()licN adopw.d 1% thirLl<ire
nLLLssarn' lor Ihl tinancial NiaiLmLnts 10 give a true and fair viem.. I)cprcciaiion or ￿nOn1*allOn 1% onl!. onc ot. mail!. laciors
ren¢il¢d in ihe ￿￿nuU1 i'aluaiion and th¢ amouni Mljich might oiheN'i.qe haie been thowi cannoi be *para*l) identili¢(l i)r
quuntilild.
Fixed •sg¢1 investm¢ni$
l.ixid ab%LI In￿￿¥1￿￿nL5. urL Includ￿ ai I'alue ai thi balancL shcLX date.
li.4L¢J gain* und Ill.￿*4 (In ini'L%iminL% arL calcula￿￿ IhL di(YLrLncL h'iwLxn %alL4 pri)LLy￿S and Ihlir InurkLI vuluL at
IIIL %liirt ill. Ihl )'Lur. i)r Ihiir sub%LquLnl &iTr.%l. and chargiyl OT iTLYJiiLd ihL %14LILinini i)f l.inilliiiiil ALl1￿111￿.% iii illl
pirii)d (Il'di%w).sul.
Ilnriuli%Ld ¥uini and lii%iii rLprL%ini Ihi moiiThmi in mawkLI ￿alUts during ihe !¢aT and 4LT¢ credilid or churg¥d i<) Ih
llminl ol. l.inanLial ALlivilics h￿d on IhL nwk¢t i'aluL al Ihi )iar l￿d.
Stoek
%ii)Lk i% valuLd Jl Ihl lumir ol. cos1 and i%iimaIL￿ %Llling priLI li55 CO¥Is 10 LoinplLIL and sill. atlir dul Ngard flir Iib*(ilLIL
nd slow Mo￿1n¥ sloLks. Itims donai&YJ for N>alc OT disiribuiiun arL noi IncludL￿ in ihl financial s1aiLrnLnis' uniil IhL> drc
Fund Attouthting
[ Inrlblriilid iiiioiiii funds arc gcncral funds thal aTC ai'ailablc for usc at ihe Irustces di%Tciion in furthirancc of ihc
1)¢signal¥d liinds r¥pr¢5¢nt fund5 S¢t asid¢ b)" th¢ Tru51¢¢5 as a fQllling¢n£i" lo partialli" ¢ov¢r costs Should th¢ rharity. r¢a5¢
vp¢raling or 5p¢cilir proj¢ct lunding re￿5.
RL%ifiLILd inLomi funds IhosL donaied for use in a particular area i)r for specifie purw)se& ihe use of which is rLsiriLILd
li) Ihal ared ()r purp()*.
ThL Staiuior¥' DutlLb fund and IhL Enchanied FO￿￿[ fund exisi 10 proiidl 5￿Ciall￿ ￿]C£S for PLopIL wilh a sensoj).
iinpaimiLni liling in PLrth & Kinros5.
ThL Sinsory Hub fund rcpre*nts funding re¢L1vL￿ for the ￿rUrb15hMcnl ofthL SLmsoTr Hub ai George Sirlxx.
The Scrtwfix fund represents funding reC¢l￿ed for an access pad for the froni door ai George Strea.
Pensions and other post relirement oblig•tions
The charity is a member of the Ta￿Sid¢ Pensii)n Fund. a defined benefii pension scheme.
PLrih and Kinross SociLty for ihi Blind Is unabll io idLmiify lis sharL Of&$￿15 and liabiliiies of IhL Ta¥'sidk SupLrannuaiion
Fund on a consisitni and rtawnable b&%is and Ih¢r¢for¢ aCC￿niS for its pallicipaiiuj in ihe Tai'SLde Superannuarion Fund as
it. it ￿tre a defined coniribuiion scheme. The coniribuiions are deiemiined b!. qualified ￿u￿rIeS on Ihe basis of periodic
aluaiiotts using iht projecied unil mtihod.
Page 16

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
Financial instruments
Classificalio
l.'iiianLial bseis and fJnat)cial liabilities are recognised when ihe charity beeomes a pans, 10 the coniraciual provisions of Ihe
insirumeni.
l.'inancial liabilities and equi￿ insirumenis are classified according io the substhnce of the coniractual arraiigements eniered
illio. An equi￿ insirumtni is ani, coniraci Ihai evidences a residual inieresi in ihe ￿ets o(Ihe charits. afl¢r deducling all of
Recoxniiiun mea%Mremenl
All lin￿￿11￿1 (tnd li4biliii¢5 ar¢ iThilialli' m¢asur¢d al Irdnsaclion pric¢ lincluding trJns)cliun Lus1$1. &Nc¢pl for thos¢
linanlial Llayyifild fair Y)ly¥ through profil ur whilh iniliiill). tnirftsUT¢xI 41 fair vJlu¥,
FinuDLi4tl arL d&riwBni>l￿ and vnli. whLn lh¥ Lontr￿aU#l rights to th¥ u¥h fl(Iws fToJn thL fJnaJ)¢ial
¥xpiri ur sii¢lid. bl lh¥ Chariii Iransf¥rs Iu lin￿h￿r part! subs"iJnliall)" all of th& riyks. r¥M'ards uf UM'n¥Thhip ul. Ihl
linaniial as￿1. i>r il Ihi Charill. d¥spil4 haling r¢iainixl som¥. bui noi all. sigthifilani ris￿ and r¥i¥ards lif i)wn¥rship. has
Irdn%lirrL(t Lunlri)I vf thi 10 anoihlr pan)..
l.'inuniiul liabilili¥s ur¥ 4J4r¥%ogni$4'd onl%. wh¥'n lh¥ obli8aii(M sp¢¢ifJ¢d in th¢ ¢onirn¢i is dis¢harg¢d. ¢an¢¥llLd or ¢xpiN's.
Fdlr measmremetti
'I'hL hLII L'iidini¢ i)r lair vali1¥ is a qui)lL￿ pricL fur an id¥nii¢al in gn 8¢1iv¢ ￿rk¥￿. WhLn 4UOl¥d prii¥% dr¢
lind￿all￿b1L'. IhL pfiLL' l)l- a recLni IransaLliI)n for idLniical PTo%idL% e¥idLncL of fair %aluL' Ic)ngi d% IhL'rL' hd% niii
'L'n a Sib￿nitI￿an1 LhangE' in L'Liin()miL LjfLumsiancLS 1)r a signifiLani larY%L l)f iimL' %inLL' IhL irtsnsdLiiiill lix)k pldLL'. Il. IhL
mdrkLI is ni)1 aLll￿L and rLLI'ni IrJnstiLiiiin% ()f an idLThiical assL•I on IhLiT are noi a 8(K)d L￿lImall (If fair valuL'. IhL' fair
JIUL, 1% L'%iimatL'd hi usin8 a ialuaii()n IL¢hni4lJL.
Page 17

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
4 Incotnt frotn other trAding #ctiviti
Unrtsiri¢ted
funds
Unresiritted
runds
Totxl
)'ear ended
30 Noi'ember
TotAI
April 2024 to
30 Yoiember
2024
Restricted
funds
Ceneral
Gentral
-I'rnding income.
Primar¥ purpoye tradin8
5.881
5.881
8.215
35
8.250
.4 Inve%tment income
Uttrestriei*d
fundj
Uttrtstricttd
fund$
ToiAI
I'¢*r ended JO
Nth'tmbtr 202q
TotAI
l April 2024 to 30
Novtmbtr 2024
General
Gttttral
915
915
5611
l)Ih¥r inicimi trum lix¥yJ a&s¢i
1.94
24.833
1.940
24.8.33
InLÉ)mL fri)m rlnls
51.51>9
51.51>9
27.341
27..341
6 Other income
L'nrestrfrttd
funds
Total
Yt*r ended 30
Novtmbtr 2025
Total
April 2024 to 30
Nowtmbtr 2024
Gtthtr*l
vih¢r inrom¢
1.680
1.680
Page 19

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
7 Expenditure un raising funds
91 Costs of trgding ietiviiies
Unrestricted
funds
Unrestrirted
Totgl
l'ear tnded
Total
April 2024
to30
owember
Jo
r40%'ember
Cveneral
kntricttd
2025
Cjeneral
Restricted
2024
Ci)%1.4 ul'¥ood¥ yi)Id
38.346
14.1119
974
38.346
23.Ik67
5.473
23.(kn8
4&135
5.473
14.819
l)ir¥¥t lundrJising ¢osts
974
2.1.1kn8
63.126
54.13Y
14.1119
6¥.9511
8 Expendlture on ehArlt*blt *ttlvltie$
Unrestri¢ted
Total
l'ear ended
Jo
Tolal
April 2024
to30
November
No%ember
Gener41
Restricted
Ceneral
Restricted
2024
51all'Losls
116.109
191.448
3117.557
117.820
12Y.705
217.5?5
7.812
7.812
2.357
2.357
riturbishm¢ni
D¥pr¥Lialion
Siipport ¥0sls
Ciuwlrn￿Le cost
3.8111
3.881
3.458
133.841
14.929
203.081
555
34.800
6.281
203.081
l.Y¥2
76.987
10.107
2.4
78.688
8.206
1.427
42.187
3.816
55.153
6.663
205.553
267.925
473.478
135.Tr60
376.779
51?039
Page 20

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
9 Analysis of goi'ernAnce SUPPDrt costs
Brt5is of AIIoeAtion
Referen¢e
Method of alloration
OihLr itatTcosi
.Aciual Lost
Voluntttr costs
Aciual co
ALluJl ¢0
Sufl'iraining
.4ciual co
ALiuul Lusl
Ailual ¢0
Support cojts
Toiil
I't*r ended JO
lioi'embtr
Total
l April 2024 to
30 Yovtmbtr
2024
Unrt$irl¢t¢d
funds
Unresiritttd
(unds
Restritt
Restrltied
l)Ih¢r %tyii-
4.320
7.354
11.674
3.340
4.613
7.953
Viilunt4*Y
127
282
815
135
2.441
262
2.723
1.425
075
1.075
2.029
11-Iraining
2.704
60.819
23.651
84.470
32.652
12.698
45.350
¥¥PlllS¢5
21.044
4.971
14.913
78.b88
55.153
133.841
42.187
34.81KJ
70.9x7
Governante costs
Unre51ri¢ted
lund5
Unrestricted
funds
Total
l-ear tnded
Jo
Total
April 2024
to30
ovember
Restricted
T40%'ember
21124
Restrieted
funds
General
General
ZOZ4
Ind¢tKnd¢nl Ekamin¢r's
rtinuneraiion
Professional fteS
651
7.61)
8.?06
1.2(P)
i.4)4
6.663
1.8fA)
I3.1￿9
l J.979
42
3.406
3.8?6
1.2()D
.021
6.21¢1
1.680
8.4?7
Page21

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
10 Net incominglolltgoing rtsource&
N¢1 outgoing re50urtts tor Iht ),￿r include=
30 No%'ember 2015
30 November 2024
l)¢pr¢cialion of fixed asstts
3.458
1.982
I l Trust¢¢s rcm¥n¢rwtion ¥nd ¢xptnses
l)uring th¢ ￿ear ihe eharii). madL IhL lollow'ing transa￿10￿$ with irustreS=
Nont ol. Iht irus1¢¢5 lor anj persons conneaed with Iheml rtteii'ed an). remunerdiion during ihe Wear. Trdvelling exptnses
of £nil 14.ere reimbursed during the >ear12024- £nill
12 8taff eosts
'I'hi payroll ciis15 were as follows..
Jll Novtmbtr 2024
30 November 2024
Stiff ¢o$ts durlng ih¢ y¢or w¢r¢=
?87.491
202.4115
24.fi94
41.507
353.692
247.163
ThL monthly avLrag¥ numbLr of wsons lincluding senior managthnini I l¢adirship lknqml cmploJLd ihe charily during
thi vlar L.xprnssid as full iiml cquivalcnls was &$ follows..
JO Noi'ember
31 ￿l￿reh
2024
Chdritdble ￿tIVItIeS
Manag¢m¢nt
10
No Lmpli>)LL rL*iiwed Lmi)lumenis of more than £60.(MKlduring the )ear.
Th¢ total ¢mplov¢¢ ben¢fiis ofihe key managem¢nl personnel of Ihe ChariTr' M"¢re £74.455 Iperiod to 30 NoTrembtT 2024..
£48.6081.
Page 22

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
IJ Taxatio
No lax li'a5 charged in th¢ )'¢ar 120*4- £nill.
Perth and Kinross Soci¢ii IOT th¢ Blind has bten accepied a charii!. for iaN PU￿￿￿& Relief from thx 15 Ihtrefore due
undlr 4¢LlI(In 505 0l-th¢ IncoTn¢ and C'orwbrniion"l a¥￿ Aci 1988 under %coitish Charit!" Nuinbtr SCIIIII 152.'1 &N Reference
14 T*ngiblt fixtd 1gsets
Furniture and
equipment
Total
COBtNaluation
.643
4.408
90.643
4.4118
AdJiiiong
AI 30 Noi4mbLr 2023
95.051
Depre¢iAtion
77.759
3.45
77.754
3.4511
AI.311 Ni)%LmhLr 2025
81.217
111.217
Net book iwlut
AI 311 NI)%L'mb¥r 21125
13.834
13.834
AI 30 No%'¢mb¥r 2024
l ?.y84
Page 23

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
15 Fixed #Sset IllVC5tments
JO November 2024
30 November 2024
Investment proptrti<s
310.(KK>
310.0
All in1L￿t￿tAl asstls Mere hLld in the UK.
Investment properties
Investment
properties
Cost or Valuation
AI I l)LCLm￿'r 2024
Provigioh
AI 30 No%L'mbLr 2025
Net book vAlue
AI 311 Noi'¥mb¢r 2023
Al 311 Novimbrr 2024
A rlnt r¥11¥￿ wag rarri¢d out b) Smart & Co. C'hart¢r¢d Sur¥e%Ths in (kiob¢r 20?4. Th¢ Trub1¢¢5 consid¥T ihis i"alualion to
rill¥LI Ihi walu¢ al lh¥ P¢TlI)d ¥nd.
16 Stock
JO Noi'ember
JO November
2024
Siocks
2.991
615
17 Debtors
30 Noiember
30 November
2024
OihLr dLbiors
1.7.272
Page 24

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
18 Creditors.. atnounts falling duc within ont yt#r
30 No¥tmber
JO November
2024
Bank loans
OihLf LfL'diior
iu.0
18.975
16.615
16.516
4.946
38.795
ALLruul
l)Ltirred income
65.2)7
()().830
19 C.reditors'. Amounts falling due fifttr oht ytir
30 Noi'¢rnbcr
30 No%f mbcr
2024
20 P¢thslon other $th¢mes
¥rih Kinri)%% SiKi¢lN' fciT Ih¥ Illind ii?nirihul4% 10 a d4firtth h¥'rK.fir p¥n%ll?n ￿h￿tr￿. 'lTh¥ tKn%ii)n ¢i?%l ihJr&¥ fipri%ini
LiinlrihLilii)n* Pil%'Utili h) Ihi ¥hJTil%' li) Ihi and amounia i(1 £41.5117 4JuTing lh¥ 12U?4.. £311.1411. 'I'h¥r¥ M'i
LiinirihLilii)ns pa￿ablE l() Ih¥.Kh¢m¥ ai lh4 ￿￿10d ¢nd of£4.459120?4.. £5.2741. whi¢h 1% Includ￿ ￿lihIl7 l)IhLr L'ridilury.
21 C.'hArity status
-I'h¥ C'h4ril) i¥ a ('haril!. limil¥d b%. guarani¢¢ and cons¢qu¢nilv do¢$ noi hai"¢ shar¢ rapilal. r.Jch of Ihv twsi¢¢s is liahl¢ to
ii)ntrihLil¥ an amiiuni niit ¥xr4*ding 11 Iow7rds th¢ ofih¢ C'harli> in ih¥ ¥￿¥111 ol. liquidation.
Page 25

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
22 Funds
Balante at I
De¢tmbtr 2024
Incoming
resources
Resour¢es
expended
Transfers
Balanee at 30
ovember 2025
Unrestricted funds
eneral
IlnrL%ificiLd funds
346.894
167.161
1245.6111
111.2281
257.216
De.Ti%nNied
71.638
10.271
81.909
Unrtstritted
fund
418.532
167.161
19571
339.125
Restricted fund5
Y.159
298.032
17.379
Iluh
17.7761
13.8811
17.1)(M>l
10.657
nLhdni¥xI I',or¥s1
¢r￿.￿ Iix
5.D(Xl
To¢¥1 r¢strieted futhd$
3.383
309.032
1290.9931
957
22.374
Totgl funds
421.915
470.193
1536.6(Ml
361.51H
l.'urth¥r d¥4ails ufth¢ Funds aT¥ bh0￿￿ OTh pa8¥ 16.
Page 26

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
Balance at
April 2024
Incoming
resources
Re50urte5
expended
Other
reco%nised
gainslllosses
Balance at 30
r4ovember 21124
TraD5fer5
Ilnrestricted funds
Generol
UnrLsiricied
tunds
216.010
94.5¥2
1189.3Y91 22&￿7
12,3461
346.894
De.Ti%nfiled
DLsignakd
3(K).IXK)
1228.J621
71.6.18
TotAI Unrestrltttd
funds
516.010
94.587
1189.3(Wl
{2.3461
418.532
Restricted fund5
25.124
172.237
11%8.5171
1203.081
315
9.159
Ilub
23.IKK)
172.305
17.7701
nLhdniixl
2.IIIMI
Toi*l
r¢$trl¢t¢d
48.124
340.542
1391.5981
315
3.383
Total fund5
564.134
441.124
15XQ.9971
12.34fy1
4?1.915
l.'Liriher deidils of the Funils. are shown on page 16.
Page 27

Perth and Kinross So¢iety, for the Blind
Iyotes to the Financial Statemellts for the Year Ended 30 November 2025
24 Anllvsis of ntt fund5
Al l Dttember
2024
Financing tish
llo*'s
At30
November 2024
Cash ai bank and in hand
156.974
158.1351
98.839
Ntl tunds
98.839
Fln*rttin8 tash
110*5
AtJO
November 2024
At l April 2024
Ci¢ %h ai bartk and in hand
23.91?
133.062
1 $6.974
N¢1 lund
23.912
156.974
2.1 Relgttd party tr*ns*ttlon$
Ni)n4 ol. th¥ Ir114t¥4W 14>r an%. txrs1)ng ¢onrt4Xl¥ii w.ith Ih¥ml ￿¢￿'$we￿ an> wn¥￿'r8110n during lh¢ Nlar, Trus1¢¢ Iro￿lI11n8
xpLns¢& vl'£nil T4imburs¥d during th¢ )'¥ar 12U24- £nill.
Page 29