OCHIL TOWER SCHOOL UMITED PEpoKf AND FIPIAKCiAL STATEMETrtrs FOR THE YE ENDED 31 MARCH 2026
OCHIL TOWER SCHOOL UmED P•J8 2 REFERENCE AND ADMINISTrATIVE DEfALS For the year ended 31 March 2026 Company numter SC051098 Charity numter.. SC006091 Registered 01Te.. 140 High Street. Auchterarder. Perthshire. PH3 1AD Auditors Audrt and Accountancy Limit&J. 133 Finnieston Street, Glasgow, G3 8HB Bankers.. Virgin Money, 1581162 HKJh Street. St John's Cenlre. Perth, PH15UH so1110.. J&H Mrtchell WS. 51 Athjll Rd, Pitthhry, PH16 5BU Jackson Boyd. Framework. 124 St Vincent Street. Glasgow. G2 5HF rrnst8es.' The Trustees serving durrg the year sinck the year end were as folkjws.. M Orr (Chairl L Wray S Rands K McDougall (apFoinled 8 Decemtw 20251 Z Sweeney (appointed 30 March 2026) S Brown lawoinled 30 March 20261 M Hodson {resigned 5 SepteMr 2025) L Affred IresKJned 8 Seplemtr 2025) G Hewll {resigned l D&ember 2025) Executiv8 rector M Hodson {aproinled 8 September 2025) M Orr laddressiTrJ the ro of Executive Director from March to September 20251 Head of QualityAssurarte A Gardir (reggned Novernter 2025) and Deveknpmenl Head of Gare A McInrS IresiJn&J August 20251 M PUlant1 linlerim Head of Care from Awust 2025 to April 2026) A Skinner {apwinted April 2026) Head of EducatiL)n M Pu(£ianti
OCHIL TOvR SCHOCi LIMrrED P4e3 REpoKf OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2026 The Trustees. who are also the Directors. [esent I1r annual reFQrt aThJ financial statements of the charity for the year to 31 March 2026. This report complies wth- The Charities and Trustee InVesnt IScollaTrJ) 2005: The Charities Accounts IScollarKI) ReguLgtions 21Th (as amerKJed): The Companl8s Act 2CMA' The Memorandum and Articles ofAsscaatKsn: and AccountiThJ and Rep)rting ty charIts". Statement of RecomrrEnded Practice applicab to charilBs preparing their accounts in accordance with the Finawal ReFX)rtiry Standard applicable in the UK and Republic of Ireland (Charities SORP (FRS 10211, as revised S8Ptemter 2019. Objectbm and fvdmtles The mission of O¢hil Tower SC1 is lo be a vibrant. creative and supp)rtive sch1 community where children and young people fiourlsh. learn and discover their p)lential. Pupils. c1eagS and directors share a deep sense of longing as we celeale the UnuensS of each person and continually arn from on8 another. school lakes an integrated approach to wellkRing. educatK)n, and care. 5eekirg to maximise the therapeutic impact of our extenslve grounds as well as provhding OPrtunitles to paitipate in the wlder community. Ochil Tower Schwl promdes residential edueatK)n fcf up lo 21 children aTrY young Feopl8 8-21 who are placed with us on a 52-week basis by their residential authorities in recognitM)n of their comijex additional support neèds, arising from a range of fact$. We wrenlty have a small numter of day pupils. We have devebp&J eyrtise in resFxinding to high-level social aj educalK)nal needs through imaginalNe aThJ flexible approaches lo building self- esteem, confidee. engagement Sn ming and achievlig ind¢vUal1Sed goaLs. Our curriculum is focused on literacy, numeracy and health and well-tsing. To deliver this service the school employs 81 FeOF4e. This indudes 50 care staff (enabling us to provide 24-hour care for 52 weeks a year in four residential houses). 18 gjucation staff. * management and adminislralion staff, 3 maintenare 51aff and 3 gardeneys. A(klilionalty. t are 8 Inlemalnal ' lunteers join us on an annual basis. They primarity suppcrt the children and yourKJ KEotAe in educauon but a so contribute to the life of the residentlal houses. The schwl has continued to be a safe. nurturirKJ arKI enrrhing environme and young people in Scotland. We prowde lovirKJ care in a IM)melyrOn skilled support for young people with limited abilities to (x)rnmuniGate and I for some of the most vulnerable children nt. supwrting daily nls and providing trkhaviours whh can become
OCHIL TOWER SCHOOL LIMED Page 4 REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MNiCH 2026 dysregulated. We supwrt r)Ular contscl with parents or carer5 as appropriate lo each child. for example through regular messaging and wdeo calls, sharing thtOgraphS. visits to school home visits. An inspection by the Care Ins[tOrate in March 2026 fourmj that the six requirements they set out in Octor 2025 had all b&n mel and as a result the evaluatn of the schwl was raised to 3 Isatisfactoryl. Thi5 rapid progress is the foundation ft)r the h{K)1'S determinatioll to effect sgnifunt further imprcwement and be awarded huher grades in future Ins[CtiOns. The children and young people all partipate in classroom based and outdoor education. Highly individualised education plans are drawn up by the teachers who also have the overview of progress and achEvemenls. Learni is supported by teaching assistants and volunteers. We are also very fortunate in having a schwl campus whh affords extenswe optKrtunities to support leaming 0.ectiVes. The natural environment ayS a vital part in our education, for example thrcwh discovering the seasonal rhythms of sowing and reaiing in our gardens or experiencing ihe IherapeLrtFc benefft a 'boLThJary wakk. around our site. The Senior Phase curriculum has t*en eypaThled in resrKJnse to the tast Education Scottand Inspecltin. This has included inlegrab'ng sorrE aspects of this wtth our Lrfesknlls Centre {for ages 18-21}. such as the weekty car wash- a business run ty our young people wtrK) ttrEn ctrKM)se how to Snd the profit on new equipmil for the schcx)l. We are in the year of workiw towards accreditatK)n as a RNJhts Reswting ScFMJ)I (Sifver Award). ensurin9 everyone understands the Convention on the Rht5 of the Child armj giving voce to pupil opinM)ns throwJh the Pupil Council. We have maintsined our status as an E(J>Sch(KA arKI our commitment to fair trade. The 5ch(x)l offers a range of qualrficatKTrns wrth chiklren and yourKJ twie achEvirKJ the followirNJ qualIfationS in the last year. ASDAN New H()rizons.' 1 Nat 1 Qualifications ScoUarKI {fomiety th)wn as SQA}'. 42 Nat 2 Qualificabons Scoyand: 24 SCQF 2.. 1 ACh16V8nts W the 88t in 2025 ointment of New Execuhv Director The new appointee began in September arKI is provKYing clear and wrrK)sefiJl thrship lo the school. tion An unannounced visit by the Care InstOrate in (ktoter 2(r25 inadequate progress in responding to premous inspections, and the schwl was gwen six urgent requIrents. A further visit from the ca Inspectorate March 2026 found that all ofthese had now iEen met.
OCHIL TOVIER SCHOOL UMrrED Pffje5 REpoKf OF THE DIRECTORS FOR THE YEAR ENDED 31 WRCH 2026 Quali Assurance A thorough qualsty assuran system is Th)w in 3. SystematllY alUating schoofs rfonTrance in key areas. This has been Slgnrfntty deepened, informed ty an extemalty provided'staff erya9ent survey. Thls resulted in a listening prLThS where all colleagues met senior management in small groups. The *nior leadership also ensures they are visible and availab to colbag¢Jes around the schJ)l. AddilK)nalty. gr(KJp income prolectton Insurance and an employee suFport package has been ctstsined for all wIleag$. Thls was delayed rthding the rruItment of a enanent Executfve Dtr8Ctor and Head of Care. However. assisted by a consultant. t schcol Is now in the Kyocess of devebpro a dètailed StraI1C plan for 2026-2030. The role of Head of Care was vacant from JLty 2025, and a new Head of Care wll lake up the p)st in April 2026. In the meantime. the Head of EdtIOn has also teen Actirg Head of Gare. The school has benefited from the eXpern¢@ and energy she has brought lo this roi8, and this has W'n recognised by the Care Inspectorate. However. the additional responbIlIty has inevitabty rajuced tsr involvement in leadiiYJ the education team. As this is a strong team, it has not lost momentum. Nevertheless. when the Head of Care is in place, the school will benefil from having the Head of Education gmng undivKled attentKJn lo driviro forward progress in her area of responsibility. The key focus will te the delivery ofthe actK)n plan linked lo the Education olland Report. The Children and Young People's CLYnmiltee wll have U)e main scnrtiny role. Referrals to the schcx)l are impacted by Scottish Govemment pol$ The Presumpllon lo Providè Education Sn a MainStam Setting arKJ the Coming Home ImplementalKsn Report LK)Ihi present a chalbnge to our model of care and education. whtch w0deS specialise(i education for children and youro wh) conE from local authorities throughout the country. Thls may account for a number of referrats in the last year. though our current pipeline of referrals is strong. which supports our view that there remains a need for our proVin when mainstream and local options cannot meet specific. complex additK)nal support neajs. Recruilmenl in the care sector is challengirKJ and has been intensified by'stricler restrictions on employing non-UK citlzens. Our commilmenl is to employ tEople on the basis of strong val s and their potential lo develop skills in our settiro. Through exlensNe adverti8iThJ and erUring our pay and co ditions remain compelilNe, at the end of this finarrial year the sclYK)I was more Itwn 9)% staffed. In December 2025. the Board rwewe(J staffiro aThY decided to reallocale sorrE management responsibilities to provide a more streamlined and efficwt service. This resulted in the remval of the roles of Hea(J of Quality Assuran. 0ratIOnS Managw. EducatKJn Manager aThJ IncoTh Grat)n arKI Marketing Manager.
OCHIL TOWER SCHOOL UmED P*)e 6 REPO[ OF THE DIRECTORS FOR THE Y84R ENDED 31 MA 2026 Ftnandal RVA The organisatn'S financial performale in the year to 31 March 2026 saw an increase in unrestricted incorne to £4.551,044 {2025'. £4.406.81. whilst unre51irled expenditure decreas to £4.442.758 (2025.. £4.609,8561, resulting in a surplus the unrestricted fund {before transfers) of £108.28612025= def1t of £202,948). In addition. there was further income arKI eXndItUre on the Designated and Restricled Funds as shown in the Statement of Financral Activtties i)n page 13. Further details of transters Itween tuThYs are provided in note 15 on page 25. PserVeS Pd The Directors aim to txjild up s¢lent free reseives to cover the organi%ath)n's running costs for a three-month period to ensure the continuity of prowsion for the youro wple. This is estimated at £1,110,000. When calculating free resetves available to SUPFKJrtttE FK)licy. fixed assets. furKJs allccaled to restricted projects arKI those designated for a specific purwse are not included. For Ochil Tower SCI01. the Designated Reserve Fund has purposefvlly been allated Io SUF¥Y)rt the organisation's runniro o)sls and reserves polry, totalling £408.414. The free Unrestricted Reserves arTwnt to £524.159. These aThJ the Reserve Fund thng the organisatK)n's available reserves to £932.573. equating to two and a haK mnths, worth of runnirrfJ costs. Current forecasts assume that reserves will retum within the required wlicy of at ast three ffthths, of running $t$ wlhin the next three years. sk Management Tnjslees a¢tNeW consider the risks to whth Ckhil Tower is exp)sed regularty in Board meetings and planning discussions. The Board undertakes a formal risk review annually. On 30 March 2026. Ihe Board Klentifie(l army addressed the principal risks and UnrtaIntIeS faur¥J our charity as follosK8: 1. Financial - Low ttcupancy ievds by chiklren and young twp 2. Legal & regulatory- Non-cornpliance wth care inspectK)n rjUIrements 3. External- Charoe in contracting practice by k)cal authOritS The Executive Leadership Team is monitoring and has wioritised tIEse areas. with numerous control measures to mrtigate the risks. Strategy and PlaThsfor Fuiure Peri( asin The School currently h8$ capacity for four additional reshyential children or ycwng peop. Our strategy 15 to fill these places and ¢ale additional capaaty for further new joiners. Primarity. this is lo impact more young lives with the unique ex[Ere of inlegraled care and edUCatn we provide. It wll also strwgthen the schwl's financial resilience. To this erKJ. three rEw young wple will join the schcy)l in the first half of 2026. leaving only orE residential
OCHIL TOWER SCHOOL UMrtED Page 7 REPORT OF THE DIRECTORS FOR THE YE4R ENDED 31 MARCH 2026 vacancy. To expand further arKI increase our availability to meet ts potential of local authorities. Elmtree House will be refurbished in the autumn. yovxYir¥J capa(aty for an additK)nal three young people. Widenin O InS for 1 -21 Three 18-year-olds wll move from the sch(Kil into our Ltfeskills programme for 18-21 s in August 2026. The following year. we antrcipate a further seven 1&year-olds wll join the LifesknlLs projramme. Thi8 refiects our commitment to a more IlUse approach in our 18-21 as we rKJw offer an indwidualised life aThJ skills programme for all our youThJ people at age 18. There 11 a resSary adjustment of staff deFth)yrr1 to meet this need. in ew Start5 By August 2027. we antiapate there wll be 11 pIe in the 1&21 program and 8 children and youro rkople in the school classes. Therefore. to use our SklS base effectively and maintain a reasonabb balan of ages in the school, we Jan to accept onty new referrals for children and yourNJ under 16. Enhanci Premi The review of education faoli11 will continue. wilh a view to enhancing our classroom facillties and improving the provision of dedicated quEt spaces for young who need tsme out. Stren thenin staff Retention There has been high staff turnover in recent years. so we will introduce further measures to supwrt retention. These will include a focus on buildiro a strong and suptK)rtwe culture for all colleagues. improving benefits for stsff through provisions such as in¢om&prote¢tK)n insuran. eslatlishing Car pathways for career developrnent wthin the school and ensuring we Contin to buikl on listwiru prLKesses. Additionalty. we have embarked on a stratgJy development process. suptthed ty an extemal consultant, to map a broader development Fan to address the optortunities and challerKJes we wll fa in coming years. Golng Concem The finarKial statements have tren prepared on a g¢ing conrn basis.'as the trustees believe that no material uncertainties exist. The Trustees tHve considered the levd of fijnds hekj atNI the expected level of income and expenditure for 12 months from authorising these financial staterrEnts. Ihe budgeted inwme and experKIitU is sufficient wth the level of reserves for the charity to te ale to continue as a going nrn. SIrlure, Gmmance MYmrt Governin Document Ochil Tower sc01 Limited is a charttable company limrted by guarantee, company number SCO51098. It is governed by its Memorandum and ArticEes ofA5sw"ation dated 15 JU 1972. amended on 19 November 2012, and ftjrther amended on 19 May 2021. The Board of Trustees reviewed the Artic ofAssctiation on 31 March 2025. It fs a registered charity with the Office of the Scottish Charity ReguLitcx (OSCR). charity numtEr SC(KE091.
OCHIL TOWER SCHOOL UMrrED Page8 REpoKf OF THE DIRECTORS FOR THE YEAR ENDED 31 M4RCH 2026 ruilmenl and Induction of T slees The Board maintains a skills register to ensure tntstees K)inty have eXFern in key areas (such as education. swial care. finan, law and organisakn.onal leadershipl- New trustees with the requiraj skills are sought through advertising ar)d KErsonal contacts. Potential tj5tS complete an appltIon form and are invrted to allend a Board meeting as observers. They a then formally intervEwed and may be recomrTwded lo the PA)ard for appciintment. New trustees are briefed on their legal thlwjations under charity law. the content of the MemraThlum and Articles of Association, the committee and decislon-making prccesses, arKI the charitls recent financial performance. They are also expected to undertake FEriIMJic training. ilUdIr the compulsory Safeguardir¥J TraiDirvJ ft)r trtee$. Under Ihe Articles, marga Orr arKJ Laura Wray will retire by rotation on 31 DecemtH 2026 and, lng eligible. will offer themselves for re-elecb"on. Organk%ational Struc Ochil Toww is directed and MaTed by the Board of Trust$. It delegates limrted powers to two committees.. the Finance Corrmtttee and the Children and Ywng PeotAe's Commtttee. The chf restx)nsibilities of the Finance CA)mmittee are tr) review the quarterw and annual accounts, the annual budgel. and the ri%k register aheal of full Board meetings. The chief responsibltyof the Children and Young PeoFAe's Committee is lo engage in detail wtth ts w)rk of the Head of EdltK)n and the Head of Care. The day-t(>day running of the schjol is ddegated to the Executwe Director. who. along with the Head of Educath)n and Head of Care. fomis the Executwe Leadership Team. The Board reserve5 certain authority lo itself. including estalShing the strategic direction ofthe scFY)ol, tting the annual budget, approviThJ the annual accounts. adopting key policEs arKI aptxynting the memtrws of the Executive Leadership Team. The Board periodically sets salary bands that include the remuneration levds for the schcM)I's key management tErsonnel. The Board norm1 meets four times a year, and commttts meet ahead of each PK)ard meeting. Ochil Tower is a member ofthe AsSociatn of Camtthill Communibes. txjt thi% tKMty dS not have wwers over any operatirYJ tx)licEs adopt1 by the Board. By Order of Ihe Board. Morr Chair June 2026
OCHIL TOVIER SCHOOL UMrrED Po9 INDEPENDENT AUDrroRS REpoKfTO THE MEMBEPS OF OCHIL TOWER SCHOOL UMrrED Oplnic We have audited the financial statements of Cthil Tower &hcK)l (the 'charitable company) For the year ended 31 March 2026 which comprise the Statement of financial aclmlies, the Balae sheet, the Statement of cash flows and the retated notes, including a summary ofsiJnrfThnt aCC(ntIrJ FX)licies. The financial rewrtiro framework that has been applied in Ih&r preparalKJn is appluble law arKJ Untted kn'ThJdom Accounting Standards, including Financial RewrtirKJ Standard 102 The Financial ReFQrting Standard ap[Ats in the UK arKI Republk of Ireland. (United lQngdom Generally Accepted Accounting Practice). In our opinion its financial statemenls.. • Gfve a true and fair VEW of the stète rf the tharitable companys affairs as al 31 March 2026 and of its incoming resources and application of resources. irtludirYJ ils Ir and exFenditure for the year then ended.. * Have been Proper prepared in c0[danCe with United lfjngth Gene alty kcepted A¢¢4)unting PraGtice', and . Have been prepared in accordance vthh the requiréments d the Charitsés and Tntslee Investment (Scotlandl Acl 2005 aThJ regulation 8 of Charities Accounts {ScotlatKII ReguklThis 2CQ6. Ba* lor oplnlon We conducted our audit in accordance Internatnal Star¥Jards on iting (UK) (ISAS (UK)) and appllcable law. Our reswnsibi1lt under Ise standards are further descJibed in I Auditors, responsibilities for the audll of the financial statements seCtn of our rep)rt. We are iThJependenl of the charitable company in accordan with the ethical requirements Ihal are relevant lo our audit of the fina181 statements in the United Kingdom, including the Financial Reporttng Councfl's Ethical SlaThJard, and we have fuffilled our other elhul responsibilities in accordance with these requrements. We telwe that t audlt evidence we have obtained is suffic1 and appropriate lo provKle a basis for our opin. ConchAon8 rdatww to gcAThJ concgm In auditing the financial statemenls. we have conchjded that the Trus accountirrfJ in Ihe preparation ol ts flnancial slatements is appropriate. use of the going concem basis of Based on tre work we have perfonn&J, we have rMX KJentifigJ any material unCertaintS relating to events or conditions that. individvally (Y Coll, may cast significant doubt on trle tharttable (xjmpanvs ability lo continue as a going COnM for a rIOd of al least vefve rrN)nths from wn thenarla1 statefflents are aulhorised for issue. Our reswnsilitles and the responsibilities of the Trustees wf(h respect to g¢iro COnrn are descrbed In the relevant seCtior of this rewrL
OCHIL TOWER SCHOOL UMrrED Paye 10 INDEPENDENT AUD0P REPOFU TO THE MEMBEPS OF OCHIL TOWER SCHOOL UMJTED Other informat The other inft)rmatK)n wmprises the information included in the Annual retx)rt other than the financial stalements and our Auditors, port thereon. The Tnjslees are resEX)nSib for the other InformatK) contained within the Annual report. Our opinion on the finaTla1 ststements dS not cover the other Informaln and. except to the extent otherwise explicitly stated in our report, we do not express any fomi of assurance conclusion thereon. Our responsibility is lo read the other informatH)n arKI. in doirwJ so. consider whether the other infomialion is materially inconsistent with the finanoal statements or(xJr knowledge (tjtsined in the course of the audit, or otherwse appears to be materially misstated. If we idw)tify material inconsistencS or apparent material misslatemenls, we are required lo determine whether this gives rise to a material misstatement in financial statements theMSee5. If. based on the work we have Feformed, we co[lUde that the is a material misststement of this other information, we a required to report that fact. We have rKithing lo retKJrt in this regard. Matters on vthlch VR are rewlred to reKxt ty axwti We have nothing lo report in restEct of the followiru matters where the Chartties Accounts {Scolland) Regulab'ons 2006 {as amerKled} r8]uires us to rep)rt to you rf. in our opin#)n". • The information gwen in the Trustees. report ts nconsistent in any material respect wth the financi81 stalements., or . Proper accounting re¢dS have not been kept. . The fina[la1 statements are not in a3reement wih the accoLnt records retums; or . We have nol received all the informatKJn and explanations V require for our wdit. Rwonsibiliti8s (rftrlths As explained more fulty in the Tru5tees' resrK)nsibi1ittes statement. the Trustees (who are also the directors of the Char[tab company for the purposes of company law) are respon9b fortr preparation ofthe financial statements and for being satisfied that they give a and fair vw, arKJ for SLrh intemal control as the Trustees delemine is necessary to enable the preparation of financk31 statements that are fr from material misstatement, whether due to fraud or error. In preparing the financial statements. the Trustees are reSrm)nsib assesyng the charitable companls ability to continue as a goirrfJ concern. disck)sing. as apEluLAe. matters lated lo goiro concern and using the going concern basis of accounting unless the Trustees either intWKI to IK]uKYate the charitabk eA)mpany or to cease 0ratiOnS, or have no realistic allernatNe bLrt to do so. Auditors. Thsiblltles ftythe crfthe staterrts We have been apkK)inled as auditor under sectK>n 44111{cl of the Charibes and Trustee Investment (Scollandl Act 2005 and rewrt in accordance wth the Act arKI revant regutations made or having effed thereunder.
OCHIL TOWER SCHOOL UMrrED Paga11 INDEPENDENT AUDrroRS REPORT TO THE MEMBW OF OCHIL TOWER SCHOOL UMITED Our objectives are to obtain reasonab assLTance atout whether the final18[ statements as a whole are free from material misslatemenl, whether (Jue lo fra1 or error. arKI to iwe an auditors, rep)rt that indudes our opinion. Reasonable assurance is a high level of assurarte but is not a guarantee that an audit cOrUCted in accordance with ISAS (UK) will always detect a material misstalement when it exi51s. Misstatements can arise from fraud or error and a cons¢der&J material rf. iThJwKlually or n the aggregate. they could reasonably exp8cted to influence the economic deciOnS of users taken on the baS of these financk31 statements. IegularItES, in¢dIng fraLKI. are instances of ncn<OMp1ance th kqws and regulatKJns. We design procedures in Ilne with our responsitslities. outlined atN)ve. lo detect malerial misstalerrients in respect of irregularities, including fraud. Th8 extent to which our procedures are Capab of detecliro 1Thegukrits. including fraud ts detaik8d bèlow: We obtainwj an understarKliro ofthe legal and regulattrameW0 within whth the charitable company operates, focuslro on those laws and regulatKJns that have a direct effect on the detèrmiftatn of material amounts and disclosures in the financial stalerrEnls. The laws and regulatn5 we considered in this context were the Companies Act 2006 and The Charitiès and Trustee Investment {Scollancl} Act 005. together with the Charities SORP IFRS10212019. We assessed the required compliance with Ih8se la and regulation5 as part of our audit procedures on related finan¢k21 statement items. In addition. we considered prowsions of other laws arKI reguktions that do rL)t have a direct effect on the financial slalemenls bul compliance wr(h which mighi be fuThJamenlal lo charitable company's atylity lo operate or lo avokd a material Fenaliy. Wè also consYertiJ the Opportunit and Incenlfves that may exist wlthin the charltatJe company for fraud. The laws and regulations we consKJered in this context for the UK operatk)ns were Anll-fraud. bribery aThJ corruptn l$lalKIn, Taxation islal¥)n, Health and salety iskikn'on and Charity regulations. We idenllfied Ihe greatest risk of material impact on finala1 ststemen from irregularities including fraud to te.. Management overrkle d c£Jntrc4s to manipulate Ihe charitable c#)mpary's key perfofmance indicators to meet targets. Tlmlng and comFkleress of revenue reccgnitit)n. We considered the risk of undisclosed or inappropriate relat party transactk)ns as a significant rlsk area. Our audit procedures lo resrond to these risks included: Testlng of joumal entries and other adjustments for apEYorXratsS. Testing a samtAe of revenue transactions across the year end to ensure a(priate., Evaluating the bSinesS rationalo of signtficant transactn$ OLthde the normal course of busines5', Reviewing judgements made by manageffwl n thwr cakulation of accounting estimates for potential management bias., Enquir1 of management aboul litKJation and daims and in0 o! rdevanl correspondence.. Targeted a(t prdu v rfOnTl to evahjate the completerless and appropriateness of related party dtsclosures.
OCHIL TOWER SCHOOL UMrfED Page12 1NDEPENDErAuDrrORs REPOFrrTO THE MEMBEFS ¢ OCHIL TOWER SCHOOL UMITED Revng legal and profeSOnal fees to identfy indications of actual iy)tenlial litKJaln. claims and any non- compliance wlh wS arKI regulalions.. Reviewing ar)d sample ol year end debtor balances to ensLre year end receipts support debtor recoverability: Performing a dtsclosure checklis1 the financial stalements to ensure Ccryan¢es Act 2(KJ6 requwements are s81isfied., Anawiical procedures to identfy any unSUal or XpeCted tndS relationship,. and Reviewing Mte5 of meelngs of those charged with governance to identrfy any mallers induting actual or potenlial fraud. Because of the inherent limitation5 d an aLKIit. there is a risk that we 11 not detect all irregularities. including Ihose leading to a malerial misslalement in the financial ststerrEnts or -COMplIare with reguktion. Thk8 risk increases the more that compliance wth a law or regulattcm is removed fr(xn the events and transaCtIn5 reflected in the financial slalemenls, as we ¥MII be less likety to become aware of inslances of non-compliance. The ri%k is also greater regarding irregularilN8s occurring lo rather Ihan er1. as fraud invofves inlenlv)nal concealment, forgery, collusion, OMiOn mi8represenialfvJn. A further description of rwr reSpsIbilitIeS fe¢ the aLklit of the fin8ncial statemenls is IcThled on the Financial Reporting Council's website al'..frc.Org.uaUditOrSlesPonSlbIjIties. This description fornis part of our auditors, report. Us8 doLr14Aport This report is made solety lo the charitys TrLslees. as a bc#Jy. in accorda with regulation 10 of the Charili8S Accounts (scland) RegtiOnS 2(XJ6. Our ajitwork has been undertaken so thal we mohl slate lo the charills Trustees Ihose mallers we are required lo slate lo Ihem in an ajitc5, report and for no oiher purpose. To the fullest extenl permilled by L8w, we do Th)1 accept assume responsibilty to anyone oiher than the charity and its trustees, as a body. for our wjit work, for thi8 repCl. or for the q)inIcS we have fomed. Natalie 8e (Senior Sialutory AlIOr) B Audit and ACCOncY Limiled Chartered Accotants 133 Finnieslon Slreel Glasgow Dale 3 July 2026 G3 8HB A4B Aud & N£countancy Ltd are elKJible lo act as an auditor wi tern of section 1212 of the Cwnie5 Act 2006
OCHIL TOvR SCHOOL LIMrtED Pag&13 STATEMENT OF FINcIAL ACTMnES ONCORPORATING INCOME & EXPENDMJRE ACC(XJNT) FOrtye er#11 31 Mwch 28 2025 Irtr Donatr aThl L8gackBS Charitab actwths Invasimwts Other inccffje 4.146 4.522.028 21.503 3,367 54.827 58,973 4,552,028 21.503 7,788 105,541 4,380,328 17,312 8.351 4,421 Tot•1 4.SS1,044 4.421 84,827 4.840,292 4.511.532 Costs ol raising Iwd8 Expenohwe on Char[tab actfvll88 D8wecilr 4.440.7 79,692 4.522.122 174,533 4.704.556 180.341 174,&13 4,442.768 1N173 498,823 4,884,897 Not (•>¥dtw•l I Inr4Jm• {171,752) 6,136 IM3311 1373,3S5) Is 20.515 1.493.811 I1.514.1) Net Thymrnnt In1& 128h)1 1,321 1&9.331) 1373. 8alanc85 31 March 2026 395,358 1.277.642 1,539.328 3,212,328 3,585,693 15 524,1&1 2.693.FA)1 1153,997 3.212.328 The resutts set out in Inc¢Yrffj ¥nd eXFe acc1 abm Ltrthjng (watiorts clth8 company. The notes on pages 17 to 30 PBrt ofthes8 fina81 Stat8[n.
OCHIL TOWER SCHOOL UMED- SC051( Page 14 at 31 IAarch 2026 2025 T*gTri assets 1.872,247 2.047,778 Debto 12 244.251 1.521.556 381.197 1,270,919 Cash al bank and In hand 1.765,807 1.652.116 ua1$S Credito[5 falliro duewthin oneyear 13 424.057 412,566 1.341,750 1.239.5 Credrtors f8lliro after rTr)re th one year 14 75,Q)) NgiAg90ts 3.153,997 3.212.328 Cardtal and Reser5 UnrEStrrled fuD¢ts 15 524,159 395.358 Designated fUrS 15 2,599,501 1.277,642 Total uDre51rictwJ fun¢t% 3,123,660 1.673.000 Restr1 fund5 15 30.337 1.539,328 Total Flmth 3.1&3,997 3212.32B The financial staletnen have been ePa in acc¢rdaru %%ilh the of 15 of Ihe Cornpanres 2CQ6 tIng to srnall companies wlh charit5 SORP IFRS1021. The financial ststemenlswere apPred ty and swTrJ w tEhalofthe ofTrth5 72 June 2026.
OCHIL TOWER SCHOOL UMrrED- SC051098 Paue15 STATEMENT OF CASH FLOWB Forthe yearended 81 March 2028 2025 Caoh WJ kn athi Cash 98n8rat£d from wratK)llS 223.713 142.9341 Net cash rKoMd8d by cwab"ThJ actsvib85 223,713 142.9341 Purchase ol laThJIb fixed assets Sai8 of tangib fixad assèts VAT reclaim on tawbkp ft<ed as8fts Investnt incomo 126.5081 6.190 25,739 21.503 119,3101 12.600 17,312 Net cash used for investing 26,924 10,602 CCST Loan repayrnent 100.(KK) Net cash use¢J for finairt9 actiwts 100,0 N8t Increase In cash andcash equfvak)Is 250,637 67,6&9 Cash andcash ualts atthe start ofth8ye8r 1,270,919 1.203,251 Tot•1 aTrJ rfth•yJw 1.521.556 1,270.919 1. Rid15n rfn6t Income to not cfysh Itrryn opw4tk¥ aGIM N•t 1xntUra DewedaUon chwges Loss I IGainl on revaluation offixed assets Loss I IGainl on ¢Jsposal offwl a&sets Grant in¢(8 InveStmt ineo 158,3311 174,533 1373,3651 182,846 12.5041 14.4231 13,1821 117,3121 121.5031 .276 136.946 13.5091 1213.5171 199.9101 270,493 Decrease I Ilncw$g1 in thbtors ID6ereasel I Increase I Incredrt(Ys Net cash syovW ty ¢)W8tSng acts 223.713 42.9341
OCHIL TOWER SCHOOL uMED-SCO51o98 Page 16 STATEMENT OF CASH FLOWS For the year ended 31 March 2026 Noto to Cash FIx¥Statemt C41j Ncffl.CaBh Th8 C&h flow and ncts above ex the fdlowrtg non-cath IransactK Ihatt(x)k ce (*JMg the year ended 31 Mar¢h 2026: The purchase of tangtAe frrted assets reLating to the refurtishment rf the fkt. has been Classifd ¥vithin Tenants Imwovernents atthe. Donathrts were cunrnittal from Campthil traI Ttust MitIf0rthe pwchaseofthetangible fixed assets and the purchases Ihrecuy fr(xn Carn11 Centrdl SoodarMI Tnjst Limit1. drawing d(Mn the donatiw. The value of the purchases was £Thl12025'. £3,182). The donation fr(YD Catntthill Central Sc(ths TrLBt knmited n r81ation to the ab pwchase tansible fixed assets. Tre value of the dOnatn tr[j £nl12025.. £3.1821.
OCHIL TOWER SCHOOL LIMITED-S(X)51C Pa9917 NOTES TO THE ANANCiAL STATEMENTS Fortheyear end1 31 March 2028 . statulory Irrfomw Ochl Tower School Limrted is a privatecorrP. l¥r#tal ty gLwf3nleewitti chaiilabbstaus aTrJ reptsier&l li Scolbnd The company, glstratN)n number {j registered office adess can be f(xJr%J the Referenrn nd D8tsiLs page. w85entstkJn currency ofthe finanaal ststemerts i% IQ. Thè prinupal &countng athfth, ju¢sJwnts aThJ kay StyJrS cl estKna' ststements aro as Id¢M'. urK8rtainty In th• prration fanGl The ffnanual stat8rrnts have wepwed in aecL¥dane• with AcLUmtry ancl Rorth"ryJ by ChaitBs'. Statement of Recommended Practice awubte to charit5 Fwaring tw ac£ourts in acC(dan wth the FiThwKql Reporting Stsndard awkable in the UK and Reput of IrdaThJ IFRS 1021 (effect? 1 January 20191- Clrths SORP IFRS 1&21, Fmawal Roprxbw Standard applicable In tho UK and RepublK of freland IFAS1021. Compank% Act 20(. the Charths Ttee Intrnant Iscotkgndl Lt 2005 and the Chariles Acnts Iscotkandl 2Cth las aftn¢W. Ochil 7owèr scho Limited rreets the dthitkjn bgnefft entty Und FRS hlstotsal cost or traCtIOn value urs oth8Th stat8d in rgknnt accwnti 02. A%ets 4TrY latM1itkn are InallY r•ewksed at icy not8. rhe financwl ststem8nts h8¥ prepared concwn b8sts as the trvst Trustees haVe¢Sidr4d the thl offuThJs andtteXCtI levd clknc4Th a finan¢ial ststements J¢at(0d income expenJlure Is suffic1 with the as a gxing that no m8terkql enSInt 8X5t. The ex'turef0r 12 rnonths fr authorK8lng these of resw6s for tho eharty to be abb io contlnuè Fund aCCnrj unrtCted can be twd rm ary act ithw) thè tharat4¢ 0tr4•Jfvesofth& charty. D$srta¢ed funth are unrestn¢ fthJs olthe ¢hontyhckn th&trJ5tet5 h•v¢ at I1r ¢Jscre1 to uso for a sp8cIts purpos8. R•stdet8d funts onty be used fcf paitthar re4rKtsd rAJrFKws tr• charity. Rostriaions arisè whw sp8cthed the dmoror whèn I¥ raw [kirLar ICted FWFKXeS. Further empi8natl clthe nature WKI ofeach fiJThJ rwjtè 15 to finan¢i81 stat. Income attritxjtable to tho c& cOntiThJW aclknty. Is the edLuIth aTrJ resldential care for young peo th a&J'tKnal support reed5. AI IOme is recognisJ once the charity ha5 eniiuww to thwe i% certainty of receFt 80 probable that the irorne be recei. armj the amount of irKome recewth tan be measured rthtly. Th8 ch8dty re¢eNe5 fees for the of eduEatiw rvsadent491 care. Feel1 recogni5ed ¥th8n the charty has wtitlenEnt after any rKrfwmance yrt101 have LEen m8t. wrthble that irwne be arKJ amounl can be rSre reliabty. Ventsuem•K is rK* rnet Ih8n amcv)ts (kf tknnatiorts 8nd grants are rw11sl b88n ¢(wnmunuW w) n0ificatK oftKth arnount and 8ettkrnt ate. In event thai a donakn u grant is subieet to condiKXKS thai ofrWfMae before the charrty is entit to the funth, the incorne is (5efwed arKI rmx Tecwwl until CA)ndWts arè fiAty rn8L or the frIrnl ofthose conditions is wholly thin tho Contrt of th8charty aThJ It i8 ry(4)at46that cthltions fuwlbed in tl]e r8p(MtirYJ wK)d.
OCHIL TOvR SCHOOL LImED- SCI51098 Pe18 NOTES TO THE FINAlIL STATEMENrs For theyear erKled 31 March 2026 2. AccoLnUng Fxjktes conlnwj Interest on funds held on dewsit is indwled nlatm of the interest patsy or by the Bank. Int8rgSt reCeDIab an108ns oognised as it becLYnes duè undertre tenns ofthe agre8[r1. In accordance bwth the Charits SORP IFRS1021 gwal vYunteertinE is nrt rned n the acccJnts. F¢TrJKur8 Expenditure ig Cogned ce there is a legal constr[e otAig8tA comrnittrvj the chartyto theeXpW(fjtU. it 6 wbatrAe that transfer of b8nefits will iE rEFul in setuament and the arnwnt of the O]98tK can be measured rlab. Expenditu ¢ludes attributsble VAT which cannot be rec1 frrm HM Rue & CL&m. Rble VAT s excluded from the thnt expenditure heathng against the VAT liabibty untd rt $ W(Nered. l expenditure accounted tr on w accrua& basks. All exr¥E$. SUprt costs and g(Neman( CC6ts. a alk)catecJ 8pF)Ortned to the aprable eXpthture headings the stament offintial a¢tiwt. EX[dItre is capitalised as a fixe¢ assetttere r( repr&entsotrwa rewasset oran enrent to an esting asset. Dq)wwtion is proided atthe annual rates and char9Bdtt>eitrr deSnat C4xlal Fuj (IE 3ppropr¢to restrrted in rder to write oft each asset over its exted useful hfe less 8stirnatJ resKJuJ wal. Ten8nfs irnpioveffrts Fumrture & equynentl Comwter ewlpment M¢)tor V8hJ8s O¥er the rvnaning tsrTr Lrfthè 3$9 expl h 2038 25% slraKJhl lir 25% r&Yucng ba knkknnt Assets nrt fflea5ured at fair valth a reVE• for any irKlcatun that the asset may t vmpared at each baknce sheet date. W sh lidicatn exts. Ihe rKoverable amwnl of kne a55el, or 355et'5 cash erating unrt, i% esbmated. and cornpared to the ¢arrying rnount. Where tt)e caryng amnteXceets ils recoverable arrwnt. an irnpamient kjss is reCC#Jned in wofit or kAs unless the asset carried at a revalued am(uiiwher8 the irnpant ts5 a revahJatMM decrease. Debtor5 creditors with no stated interest rate and rable or payatAe year trded at tran8acb.on wc8. Any k)sses arising from impairrnent are recognil in eX[the. Restructuring proM&ons are rrISed tre (tsmpany has a (ta. Iml pkn for the festrLfturing and has fdi$1 a valid expe¢tation in thos& affected by either 5tsrbng to inWeml the [Aa or anrxmjrring it5 features to those affected and therefore has a legal or corEtructive 01get to cary (Mrt restructurw. Once reoni aThl ¢orrrn1tt1. th8 termination costs are recogntsed as an expSe the StateFnent of FancIal Activi$ and a h"atrMiny Ba[ Sh88t. Cash kn t4nk arNJ Cash at bank atKJ cash in hand irtludes cash and shortterm hyJNy IK4iMd #westftwts ith ashort rnaturity of t88 rnonths or les5 frorn the date Ofaul$K)n Or0ping ofljte (p¥Jsit (K swrmlar ons The company op8rates a defr t(Y)trxkn schane. aMtritr#Jt)r6 ar8 charg&J to the ITKorre and Exptrndrtu A¢¢(xJnt in the year they arise. No for corwjr8tic tsx B rceSsaryaSthe c(mpany has charitstAe status and trad8. Rwtsls payable Krop¥811n9 leases are chargedto a $trahr41ne b&$15 over the pemI of th8
OCHIL TOWER SCHCMX LIMrrED- SC051098 Pap19 NOTES TOTHE FINANC14L STATEMENrs For thg year 31 March 2026 20 Domtlyts &18gad•s untrictedFund 0th8rtJa11OnS 4.146 30.917 4.146 30,917 V(4wilwFtMxl{restrKt8d) FreUe ErathunuEkurffjt Fkn&JIStews 4,058 9.77e Soci81 Fund(restrd¢dJ sCotth Govemrnent 21.337 55,606 Don8tlon Fund frestrithl) NHS Tzyside Hugh Fraser Fndaon Thomson charitab Twst Mugdock Childran's TrLWt Scottish Chiklrws Lottwy Brownlle charItab Tru Otr dorors 22,435 2,000 BOO 1.000 1.000 1,CKJO 2,258 4,097 Belknd Flat RofurtMshmt(rnstrk Camphll Ceniral Scodand TNst 3,182 Total donatbns 58,973 105.541 2025 Faès (uThe5tFundj 4,522,028 4.350,328 Nationa Lottery (Restrrted fUts1 30. 30,0 4,552,028 4,380.328 Interest r8cdvalJe Iuwgsbilfix 21,503 17.312 21.503 17.312
OCHIL TOWER SCHWL LIMrrED- SCL151(P38 P4e 20 NOTES TO THE FINAKLAL STATEMENTS For the year ended 31 March 2026 Rentsl IneLmè fUn$ttec1 Sundry income lunresittedfvTh IL(kssl l Gain Sa 0frnot0rveh 3.243 124 4,851 4.421 7.188 8,351 2026 2025 Unre5trit&g Fund Salariss and Nadonal Ir6tsrance 2.233,471 76.212 202,402 10,446 31.537 33.649 43,440 14.759 179,908 1.601 554 2,385.469 83,084 167,599 33,042 4.240 41,588 40.000 9,764 190,188 25,898 593 1.405 2,000 100,000 Staff pens co¥t$ oency costs Re¢ruitm8nt fo Other stsft costs Volunteer ¢oyt$ Trainhg cc61S Subsp110nS and mernbètshi Hou8¢hold & Prowisions Edwallon an¢ Therapy eènk Int•rost and charges Staff Travel oonats.ons ma(le Redress womsion Irrecoveratje VAT Gov8rnanc• eosts (see note 81 Support cctsts (see noté 81 10.555 60.854 1.528.956 107,306 1,417,680 4.440.790 4,609,856
OCHIL TOWER SCFK)OL LIMrrED-SC051098 P8g8 21 NOTES TOTHE FINANCi4L STATEMENrs For the year endgj 31 March 2026 2025 CPD Tralntsyj F(mcl (SE1n0%) CPD traing cc6ts 1,640 2.127 Websle Fttykl(deyated) W8bsit• cc6ts 15,OCQ 011 FurL¥(rgStrkted) NHS Taywde Hugh Fraser Fndation Thom80n charitab Tru Mugdock Chllth•n's Trust S¢otti8h Childran's Lottery erownli8 Charitabl6 Trust Otherdowrs 17.495 2,000 1.0 1,000 1,000 2.258 3,700 VolunteerFund freslrtGted) Volunte8r ccis 4.260 10.909 Lil8 Skws fronsiiions FLrf(festrtl Th¢ Ngtknal Lott 30,OQ) 5.000 al G8r Furtl{restrktsdJ ScL*ti%h Gownment 21,337 55.6L Total cost of charitsbb acti 4.522,122 4,704,556
OCHIL TOINER SCHOOL UMED- SC0510 P)e 22 NOTES TO THE FINANCL4L sTATEmErs For the year ende•J 31 March 2026 SaL8ries and National Insurance 719.144 74.042 39,255 3.1 2,828 13.180 2.401 Staff perty(x) msts Truste, travel Au(Jit fees Ac¢ountsn¢y fees HR Supp(Kt Professional fee5 Office andteleO Rent 21.611 10.242 36,873 45.198 368.784 67,465 Heat and Ight Repairs antj rerewa15 Motor and travel expenses Water. rat. insurance and k1 tsxes Garden and 85te 25,555 60,921 9.275 1.528.956 60.854 2025 SaLarSa Natal Insurance Siaff PWSk)n cos TrleSS. trav81 517.778 44.298 ).026 20.040 6.919 17,640 2.681 AJ(tht fees Accountancy fee5 HR Support ProfesSne1 fees Offic8 and telephone Rent Heat and light Repaits and newaL8 otor and travd expertses Water. rdtes, idand k1 taxes Garden estate 24.126 5,741 35.711 67,5Y2 368.784 99,965 141,421 25.618 71.772 14.874 1.417.680 107.306
OCHIL TOWER SCHOOL UMrrED- SC051098 P48 23 NOTES TO THE FIM4hfiAL STATEMEFirs For the year erKled 31 Menh 2026 Opw41w¥ (n& This Lperats"rKJ %Jeficit i8 stated after chorgww l u&lilw)g.' 202S Desxeryation lthsignat6d capital fvThY} Gain cv) di8rosal of fixg(J ass8ts lthswJnat8d caK¥tal Iw Dweclation (Rgstricted Lrfe Skilb Canir• Fur Awlt fee IUnr8Strict8d Fund) 174,533 4.421 63.693 116,648 17,640 13,180 1Q StAff Co 2026 Wages 8alarBs Swkql s8cudty costs P8nsion costs TfjrminatK¥) eosts 2.634,672 315.223 153.444 41.776 2.675.816 253.913 147,422 33.544 3.145.315 3.110.695 Durhg the fnarKial y•artherewere £14.68412025'. £33,544) ccmtrBCtual sonts Mo12025: tsweel em0Y¢?$ and ntsn-contraUal 6ettthents of £27.09212025.. £nill for thTee12025'. n8) emPbS. Ort12025.. Ncffiel (4)ntraU¥l S0tt18ment 01£8.58312025.' £n111 W83 Outstandino as at 31 March 2026. Th8 8ver8Ge we8Y number ofemFW dLKfng th8 Number 20 16 45 81 Nwnt4r 23 15 47 Suppjrt Educatkjn Care V¢Juntsers 89 Tha tabk bek)w thè number totsl fjmpkn t•n8frts lexchJ¢Jty F¢n5kn CLbtsl fell within ihg f)n9 ban¢Jngs'. Number Number £60.1- £YO.000 £70.000- £80,000 £80,C(K)- £90.000 In addluon to salaried membws ofstsff O¢hl Tthver Sch1 aacts wYLfrteerwrkers frcrfn alowErthe wthy pThKJg frlend5h and Ca to re88nt5. Krdunteers INe al Och'l T(yww and h foster a SI9 & ¢Stin1ve iy)rnmunity srIt. PaTrents to vduntws are sh¢ n not8 7. The k8y fflaTrygerfent personnd oftheehartty cryws•Y the TnJstee5. Ex Head ofQLAktyAssuran¢e & Developm8nt, H&ad ofEdUcatJTr, and Head of Ca. Theitt* t5 W8rp £212222125. £320,173). Two Trustees12025.. Thr881 a totsl of£2.661 12025.. £6.53n fortra exrw6esthriry Ih8 year. NoTrustee recefved any r8rnuwation forth8 servKas as a TrlL5 ar.
OCHIL TOIIER SCHOOL UMrrED- SC0511)98 PWJB 24 NOTES TO THE FINANCi4L STATEMENrs For Ih8year 31 March 2026 Furrkn & Totsl at 31 March 2025 2.639.912 8.5 67.660 2.681 13.7191 130,513 15.297 19.9401 22,984 2,861,069 26,508 113.6591 125.7391 DisFos8L% RevaluatiC of assets 125.7391 As at 31 March 2a26 2.622.703 135.870 22.984 2.848.179 Depi8tJn As ai 31 March 2025 Charge for the par Writt8n back on d5[ 653,CA9 151,273 92.536 9.814 18,1731 13.908 4.008 813.291 174.533 111.8921 9.438 13.7191 As at 31 March 2026 804.322 59,517 94.ITT 17.916 975.932 Net tocTrrnlJg As at 31 March 2025 As at 31 March 2026 1,986.863 1.818,381 13.862 7.105 37.977 41.693 9,076 5.068 2,047,778 1,872.247 The revaluation ofassets repr8serts the annual CarAtal Grths S¢hw VAT adjLthent arisiw from tharKJ8s in the r8coveraUe prowroon ofinwt VAT attriburab to qualfywu caryta assets. arKJ has Lwn rwnk8e(l as an adjustynwrtto the cairying value ofthe vant fLyed aets. 12. Detrl(Ys Trade debtors ppaYments OthLY debtcS 173.802 69.379 1.070 366,251 12,349 2.587 244.251 381.197 Trade crwJitor5 Accruals Othertaxaticn and S?1 security 50.676 115,394 257.987 80.573 110.815 221,178 424,057 412.566 14. Cr8dttOr¥-knwtsrlrVj 2028 2025 AccrlS 75.0(K) 60.Th)0 75,OCK)
OCHIL TOWER SCHOOL LIMrrED-SC051098 Pdge25 NOTES TO THE HNANCIAL STATEMENTS For th& yoar ended 31 March 2026 15. stat ofFLffK Trarwr Jat3t March 2026 31 CuTh8ntYear Unr85trKted Fuj 4.551.044 14,442.7561 20.515 524.159 Des&inatedFuthls set Replarment Fund Caprtal Fun Dèvalopment Fund ReSeTr Fund Maintenence Fund CPD TnIng Fthd 7,361 1,508,909 36,395 1.872.24T 164,351 408.414 118.094 533.450 164.351 4fy9,414 118,094 24.293 4.421 {174.5331 11,6401 {22,6591 1.277,642 4.421 1176,1731 1,493,611 2,599.501 Total unre81rictsd 1.673.CO) 4.555.465 14,618,931) 1.S14,126 3,123,860 Restrlcted Functs Vdunteer Fund Life Skills cont Fund BèfvKJere Refurb1shwt FLmd 88lvthre FL3t Refurbthment Donation$ Fund SrKial Carè Fund Lifa Skills Traon Fund 14,2601 202 1402,5561 1997.2551 1114,5171 402, 997.255 114.517 29.432 21.337 124.0gSI 121,3371 I30.Cl 8,337 25.LK 25,000 Total r•stn'¢t•(I funits 1.539.328 84A27 179,6921 11.S14.1261 30,337 Told fvrKf• 1212.328 4.8402W2 14,W,6231 3,153.W7 The folbwir¢J trar$ wwe rnode duriThJ rha restdcted fund5 hokling cathI as8ets (Lrfe FMJ. Rdwttyt FurK1 and 8eWere ReYurbisM)entl have all bow transferred to Degned Capial FuThl. The tcrtal assdstransferr•l £1.514. Unrestricted lund io Restricted Vduntw FuThJ- t22 co¥w fv deficii. DesKJnated CPD Training Funoto Oesbw8t•J Asset F1. £22.659 to re499gne the fij[ts tsr fLrturg asset wr¢hases. D8signated Asset FlepLqcemert Furmj to D8SWt8d Caph21 Fur*Y . £15.29B to rord tho rw purchase furKleLJ by th? asget r8pLgceTrwK fund and hekl in ttr cat¥ldl lund. Captsl Furtl to Unrestrictsd Fwwj . £16296 trath vakn ass8t pW¢ha ¢J¥wl and rWdluatt($.
OCHIL TOWER SCHOOL UMffED- SC051098 e26 NOTES TO THE FINANCNL STATEMEMrs For the year endgj 31 March 2026 Trarsfer A8at31 Mar 31 M¥ch ousyear Unrestred FUTh 6[,148 4..9)8 14.609.856) 17.8421 395.358 DesnatedFTrys A55et Replacernt Furwj cap81 Funcs Dwdopment Fund Reserve Fund maintenan FurKI CPD Training Fund Webste Fund 29.034 590.432 164.351 408.414 118.(B4 26.426 29.034 533,450 164.351 408.414 118,094 24.299 163.6931 6.711 12.1271 115.0001 1.351.751 180.8201 6.711 1.277.642 Total unrestricted fKts 1,957.899 4.4(. I4..676) 1,673,000 Restr¢kedFund5 Volunteer Fund Lrfe Skills Centre Fund Befvidwe RefurbiMent Fund Befvider& Flat Refuthshment Donati(ns Fund Social Care Fund Life SkilLs Trdn$th"on Fund 9.118 110,9091 130.9641 176.7121 18.9721 16.0581 155.6061 15.0001 1,131 433,520 1.073.7 120.307 402,556 997.255 114.517 3.1B2 6.058 55.606 25.0 Trtal resiricied funcls 1.627.794 104.624 1194.¥211 1,131 1,539,328 TfAalnm 4.511,&32 (4.W.WJ 3,212.328 The fdbwng transfers ve durFro the year: UnrestrKted Fund to Re5trKted Co-work Fund- £1,131 to COWlhethfK?r Unrestriciod FurKI to Catal Fund- £6.711 to transtrthe net frKed as*t into the Girxtal furKJ
OCHIL TOWER SCHOOL UMED- SC051098 P8Je 27 NOTES TO THE FI4LIL sfATEMENrs Forthe year 31 March 226 The LknMtrtt&J fund presents tre LwestsKied tre ch&ity $freeto n) acc(thr2 ts charitab Wectives. Ca¢ytsl Fund resyesents exrture on the taroitAe fixed assets dewe(X"ab.c tharged Develop[nt Fund rewesetrt5 furwJ5 required kn tEcessary WO the schLKI ptw2rtEs. ResetkE Fund is required for the wttV5e5 ofh(lirKJ SUtFwl to (x)ver the c(Mnparty's running rx)sts for a mIrnm period of 3 rnontr6. Maintenance Fund ndS Set aswjè to formw CPD Training Fwd rewesents thèfvnds set asth fLW Mv6strnwt into ¢ontinuingiyofossional devel(wem. Websth Fund r£prents th6furth $81 asth tty Iho of Ckl To4 I wet6rte. The Ro$1th funts are hThls gntO the charty Purp.. VoluntEer FurKJ reprewts cothtwtKTh t(war(b eA)Sts. Lrfe Skills Centre Fund represents fiJnd5 receNed towards the cOns1rt dthe Lrfe Skilb Centre kn deLeuation chargetj. BelvKlere RefurtrA'shrnent Fund repre5entsfwds ¥KeNe(J toward5 refurbishment of Bthcth. Belvrdere Fkt Refurbishment rewesa)ts furNts wi¥J towardg the refLrtshtrwt of 8thJwefi3t. Donati$ Fund reKwnts furNJs ated tsa particubr wrp(6e. sh as to pjrchase ff lprnent. ial Care Fund re[nts frryn ts &rttish (knemmertto fvnd the sora81 CAre waGes. Life Skills TranSK)n Fund rets funth renEd to cover the salary of a staff fflnber re$site for delivering thtt Lrfe Ski1bTrdnS sm£. whth supKYJrts yourvJ CLYrklexreds 8j 18-21 to tran>kn Outofa regdentkql scfth)I settinG.
OCHIL TOWER SCHOOL UMITED-SC051098 Page28 NOTES TO THE FINANCiAL STATEMENTS For the year ended 31 March 2026 1& of Net A38ets b***en Fw#JJ Total Cwont Ygwr Unrestricted Fund 524.159 524.159 Deswal&YFuThYs Asset R8Jacernent Fu Capital Fund Oevelopment Fund R8s8rve Fund Maintenance Fund CPD Trainlng Fund 38.395 36.395 1,872,247 164,351 408.414 118.094 1072.247 164.351 4.414 118.094 1.872.247 727.254 2,599.501 Total unrestrlct8d funds 1.872.247 1,251,413 3,123.660 Rest10dFuns Life Skills Centre Fund BeTr1lere Refurb1M8n1 Fund BeTrothre Flat RefurtAshmen¢ DonatiW5 Fund Soeial Cère Fund Life Skills Trartson Fund 5,337 5,337 25,QCK) 25,0)) 30,337 30,7 Total a• •t 31 Mwch 2tr26 1.872247 1,281,750 3,1fj3,7 Total Pthlcots Y•dr Lh)restncted Fund 395,358 395,358 tÈSIgfedFun(IS set ReFd8C8rnent Fund Caytal Fund OevepMent Fund Rese Fund Maintenance Fund CPL) TrainiThJ Fund 29.034 29.034 533.450 164.351 408,414 118.L194 24.299 1.277.642 533.450 164.351 408,414 118.094 24,299 T44,192 533.450 Total unrestri¢ted fimds 533,450 1,139,550 1.673,000 ReStrtledFuts Lrfe SkilLs Centre Fund BefvKl8r8 Refurt)thment Furnl BofvKJere Flat Refuthshment Lrfe SkilLs Trath0n FuThJ 402.556 997.255 114.517 402,556 997,255 114,517 25.000 25.0 1,514,928 25.0 1.539.328 T(tsl asat 31 ma 225 2,047,7T8 1.164. 3.212,328
OCHIL TOWER SCHOOL UMrrED-SC051L PèJe29 NOTES TO ThE FINANCM STATEMENTS Fwtheyear er11 31 Marth 2026 17. eAts The charityoperales a rncn8y wrchas8 Idefined &tritrtl t8. The assets clthe scheme arè hdd $8paratdy frorn ttrose of the charty in an iThJepEndentty admini5t8rJ lund. The persKm c(tst charge reFKesents cl6 payab]e by the charity to th8 furKJ a amoL¥)ted to £153.44412025.. £147.4221. The cutstaTrJYo ccrtrt#kn OJ8 at 31 Marrth 2026 were £nil12025.. £20,82SI. 18. The total mSnknum firture se paynwrts urth ncTrcallatI5Y9try kn85¢s ar8 as Irkn.. 2026 Within on8 year In ihe second to lfth h)dLtsN• After fve years 373,394 1.589,287 3.188.5fl) 1.628 3256 368.784 1,569,667 3.645,107 151.181 5.583,558 Thg Wowrty * $•d from Camthil Central SCotldTl 31 Mareh 2038. Low ppytrthtstot•lin¢ £368.78412025'. £368,784) were r•cowLsed as an expertse In year. 19. R•ththd Parf• Cxjrlng ths year the chwlty Pa 01£4.7(KJ12025.' £1.5W on a nce4>nrnw&1 basts Yrusio& Margar•t tr lor staff m8nt(Jring And W7C¢s. w1and9 at 31 March 21726 w8$ £(2025.. £1,5(KII. In addition, thring the ythr. och Toww Sehctl Linit&l ¢)F Blw DrtM))mord, an èntily in whith K M¢Dwgall (Tr[tl is employ8d. Costs incurred rat•dto chargesft 1 S1¢0$ £2.04412025..Énll aThJ managtyw £3.78012025'. e3,7801. Rent of £3e8,78412025.. £368.7841 paid lo CamFh'l Cwtral Sccthnd Trt& Lknrted, a thanty for whth tAXh M Hodson IExecu¢ DirtorI and L Wray ITru5teel serve rm the tthrd of Dirfus. Camphill ctraI ScA)tlaThJ Trust Limitwy 8 don8tion of £nil12025.' £3,182) and pai(J k>an intersst of£nil12025.. £7031 to Tctherschos Lirrthd. The loan baknce receiVae byochil Tow8r Schwl Linited at 31 March 2026 w18 tnil12025'. tnll.
OCHIL TOVIER SCHOOL UMED- SC051098 Paje 30 NOTES TO THE FINANCNL STATEMEMrs For the year endgj 31 March 2026 Total Tr*al Jn 25 2024 kncom8 Donatiws arKJ Legacies Charitable acbwDes ItwestTfEnts Other In¢ome 30.917 4.350.328 17,312 8.351 74.624 105,541 30,1) 4.380.328 17.312 8,351 150287 4.069,289 45.013 16.205 irthm• 104.624 4.511A82 4280.794 Expenditure on ¢h8ritstAe acbyities Dap[latn 4.609.856 17.127 63.693 77.573 4,704.556 116.648 180.341 4.216.516 180,766 Tc441 e>p8ndthr• 4.56 194221 4.884.897 4397,282 {202,948) (80.83YJ (89.59n (3rn365) 1116,4881 15 17,8421 6.711 1.131 (210.7) (T4,IW (88.466) 1373.3&5) {116A881 BaL4nces 31 Mar¢h 2024 6rhs,148 1.351.751 1.627,794 3,585.693 3.702.181 15 . 127T.642 1.W,328 3212.328 3.585.