CROMARfi HALL TRUST
Charrty Reg￿rat￿)n No. SC008281 (Scotland)
Company R8Jistration No. SC272852 (Scotland)
CROMARTY HALL TRUST
ANNUAL REPORT AND UNAUDITED STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

CROMARTY HALL TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Directors
Helen Butcher
Gllian Drysdale
Eve Hourston- WelL8 (Resigned 07107125)
dww)a Lloyd
Gina Penwarden
Ruth Glover
Susan Sinc
Mark SThMth
Secretary
Gina Penwa(den
Char"ty Nunkner
SCLX)8281
Company Numb8r
SC272852
Princpal Address
Back Road
SL Margaret's Hope
KW17 2SP
Registered OffiG8
aeoay
Back Road
St. Margarevs Hope
KW17 2SP
Independent Examiner
l•oiuniary ACTiCffl Vli(ney
6 Bridge Stre
Orkney
KW15 1HR

CROMARTY HALL TRUST
CONTENTS
Pag•
Directo￿, repori
S￿ternent of financi￿ adivitm
5-8
Notss to finanoal ststemefflls
8-14

CROMARTY HALL TRUST
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The d￿￿t0[S prosent thgir report aThJ fmancial Statem￿ kn the year er¥Jed 31 DeC*M￿ 2025.
The accounts have been prepar&J in acwdance with the a￿￿nI￿¥j Fokaes set out in note 1 to the a¢¢ounts and
comply with the ¢harity'$ MemoraThJum ar*J Nrti¢les of Association, appli¢able l•v and the requirements of the
Statement of Recommended Pla￿￿ applicable of charit￿S prepariThJ their accounts in acxordance with the Financial
Reporting Standard applicable in the UK Republi¢ of IfeLarwJ {FRS 102).
Thrs report is prepared ￿ acurdwtt wilh speual provi8hM of Part 15 ofthe Conynies Act 2Crf)6 rolating to small
companles.
Oblectlv•• •nd adlvlllos
The main object of the chanty is to maintain arml manage the Cromaty H811 for actr11t￿$ promoted by the charity and lo
carry out any building or refvthishment w￿$ of any adtytion of Ihe pr￿lSe$ or facilities which may al any time be
deemed ne￿$sary or desirabk. and to do all such things as will ftjrther the attainment of this obpd and will contribute
to th8 knth￿edge of the culture. history. environThrrt and devekW￿nt of tt* Cr(Mnaty Hell. but subject to the FKoviso
that nothing will be do￿ which wil or may prevent the object of Ihe charity beiw deemed to be charitable.
Achl•vemants and p¢rfomianco
Regular hires for Fil￿, Yoga. Pilates. Table tsnnis and traditional dawT¥ were all rDul&n£. and a good number of
external hires helped t*)osl fvnds. &te and B￿ther has continued to be well supported. Funding was secured for
lighting and leak repaits. Cruis8 ship visitors aTrJ a stint at the Pop Up Shop at St Margarets Hope School added a
significant sum to Hall furKIs. as did a wmber of concerts. a￿1 the Iwo events run by the thal agricultural Society in
August and November. We held 8 book sale and exhibrtion of local photcgraphs m June, and ran an Autumn Fair in
October. both offering opportunities to open the cafe lo further b005t Hall fuThts. Book sales thrO￿h0￿ the year
provided another excellent boost to Hal funds.
Financial Rwlow
Nel outgoing resources for the year amounted to £20.873 (2024:£6.753>. Last year ttrE deficit was wholly the result of
depreciation ofthe hall extens￿)n and equipment {£10,089). Thts yearthe deficit was due to depreciation of £9,767 plus
planned maintenance of £15.984. This Maintena￿ involved hxk & door repaits. viindow repairs and wall and light
repairs.
The charity finished the year with funds of £289.455 whth indudes fixed assets V•ryth a br** value of£268.316. (2024.,
year end fund8 £310.328. assets book value £278.083).
11 is thè policy of the chartty that unrestri¢W funds whith have not been desw3nated for a specrfic use should be
maintained at a level equivalent to tetsveen three and Six rnonths experbjiture. The directors consider that reserves at
this levèl will ensura that. in the event Lrf a $tgnThScant drop in fundry. te able to ccwrtinue the charivs eurrenl
activities while consideration is given to ¥rdyS in which aldit#Yo1 fu￿1$ may be raise(l.
The trust requires ready acces8 to its frjnds. Ihefekn the polt¢y ts to relain availabk fuThJ$ in a ¢uffent account.
The directors have assessed the major risks to whth the charity is exposed and are satisfied that syst￿9 are in pla¢e
to mitwate exposure to major risks.

CROMARTr HALL TRUST
DIRECTORS, REPORT (CONTTNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Structur•J govornan¢• and m•n•gom•nt
The charity is a company limited by guararrtee and having no share c£pilal, and a reLwnk8ed Scottish tharity.
Tha directors who sorvad during the y8ar w8r8:
Helen Butcher
Gillian Dry5dal8
Su58n Graves
Eve Hourston-We118 <Re8igned 07107r25)
Edwina Lloyd
Gina Penwarden
Ruth Glover
Susan STrnclair
Mark Snwlh
None of the directOTS has any beneficial ￿terest in the charity. AH of the directors are members of the charity and
gUar￿te8 io contribute £1 in ￿ event of ￿ndir￿j up.
In accordance with the companrfs Articles of Asswatton, all the drectors appointed in the year and one third of thè
remaining directors shall retire from office at the AGM and. being eligtrile. offer themselves for re*iection.
The company is managed by the Board of Dwectors rneet at least fwr tiffle8 a year. Any Strategic deciSiDnS are
tsken at board meetiThJs.
The directors. report vrns ¥proved by the Board of Direc￿.
Glna P•n¥Anl•n
DireeAor
o 10.¢.. 26........ ........

CROMARTf HALL TRUST
INDEPENDENT EK4MINERS' REPORT
TO THE DIRECTORS OF CROMARTY F14LL TRUST
I report on the financial statements ol the charity for ts year ermled 31 DeC￿lber 2025, whlch are set out on pages 5
to 14.
Rg8PgCtlve r•8pon8ibilili•8 of dir•clov• and •umlngr
The charitses directors, are respon3lble for the preparation of the accounts li a¢Qydan￿ with ihe teryns ofthe Charl￿$
and Trustee Investm8nts (Scotland) Act 2005 and the Charities Accounts {s￿tland) RegulatKmS 2006. The dirèctors
consider that the aud6t requlreff*nt of Regulation 10(1) la> to (c) of the 2CM)6 A¢¢o￿ts Regulations does not 4>ply. It
my responsibility to eXam1r￿ the aw)unts as required under section 44(1) (¢) ofthe Acl and to slate whether particular
matters have coff* to aftenlion.
B*sl8 of Ind4p•ndont examln•Vs stat¢mont
My examination is carnied out in accordance with Regulath)n 11 of the Chaiilies Accounts (Scotland} Regulations 2006.
An •xaminatK*n ￿clud8% a review of tha S￿ntIng r8cord¥ knpt by thè Charity and a compari60n of tho a¢¢ount$
presented wlh those re¢ords. It also indudes consideration of any unusual items or disclosures in the accounts, and
seeks explanations from the trustees conceming any such rnatt￿5. The PTocedures uThlertaken do not provKle all the
evidence Ihat would be required in an avdrt and consequenuy I do not express an audit opinion on the view given by
the accounts. I have carrted such invesligats'ons as were necessary to enable me to fo￿ an opinion as to whether
proper accounting recor¢ls adequate for the purposes of the charity have been kept and whether the accounts of the
charity were in accordance with the accounting r￿rds.
Indopendont e¥amln•e¥ stst•rngnt
In Connection with my examination. no matter has (￿me to my attention..
(a) which gives me reasonable cause to believe that in any materFal respect the requirem￿ts.
li) to keep accountsng records bn accordance wilh se¢1w￿ 44111(a) of the 2005 Act and R¢gulation 4 of
the 20(￿ Accounts Regulations. arKJ
lil) to prepare accounts which accord wth the aetountirnJ records aThJ (x*mpSy wilh Rdgulatitin 8 of
2006 Account Regulations have r)ot been mel. or
(bl to whth. in my opin￿. attenlim sh￿Id be drawn In order to enable a proper urvJer5tandlng ofthe a¢¢ounts
to be reached.
frac
Anne Stacey MAAT
Independent Examiner
6 8r"Klge Street
Kirkwall
Orkney
KW15 1 HR
Daled:......
1.9/9.126.............

CROMARTY HALL TRUST
STATEMENT OF FINANCIAL ACTIVlnES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
Unr•¥trictsd R•stri¢tsd
Funds
Fund8
T4)ts1
2025
Total
2024
Incom8 from:
Donallons and legaoes
1,426
1,OCKJ
2826
2.519
Charitable activitses
9.299
21))
9899
8.406
Other tradirrfJ actNitie6
3.735
3,736
4,824
Other
Total Incomo
15,660
13,749
Raising funds
Charitable activities
34.726
1,807
36,$33
20,502
Tol#l r•8ourcM expendod
Net (8xpendltureVlncome for the
y•arlN•t mov•m•nt In fund•
34,726
IA07
36,533
20,602
{20.266)
(607)
120.873
(8.753)
Trnnslor botweon fvnds
Fund balan￿5 at 1 January 2025
2,245
310,328
317.081
Fund balanw at 31 December 2025
287,817
1,638
289A55
310.328
The statement of financial acthrties Ir￿lL#JeS all gains and105sts recognised in the year.
l incoming and expenditure derive frcth conlinuiNJ adi¥ili8S.
The statement of financial aCtNit￿ also c(Knpks with the requiMxnt$ for an income and expenditure account undor
the Companies Act 2006.

CROMARTY HALL TRUST
STATEMENT OF FINANCIAL ACTMTIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
PRIOR YEAR COMPARISON FIGURES
Unvo8trfctsd
Res￿¢￿d
Funds
Totsl
2024
Total
2023
ncom• from:
Oonations and *aci•¥
475
2.519
6,010
Charitable activities
6.408
5,765
Ot￿r tradiThJ actiwties
4,824
4824
5,021
Other
Total Income
13.274
475
13,749
16.796
Ex
nditur• on:
Raising funds
Charitable activitles
19.712
790
20.502
22.473
Totsl ro8ourcg8 expendod
{expondI￿ra}rIncorn8 for th•
yoarlNot movement in lund8
19.712
790
20.502
22.473
(6,438}
{315)
(6,753)
15,677)
Transfor bel￿￿ funds
Fund balan￿ at 1 January 2024
314621
2,560
317,081
322,758
Fund balancos at 31 D￿orn￿r 2024
308,083
310,328
317,081
The statement of financial activities al gayB and losses recogrwd in the year.
All incoming and 8xpendilure derive from conlinuww aciivitm.
The statemenl of financial actr4ities also ¢Th￿leS with the requirements for an and expenditure acrA)unt under
the Companies Act 2006.

CROMARTY HALL TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2025
2025
2024
Flx•d A80•ts
Tangibk a8sets
Heritage assets
4148
6,435
268,316
278.083
Curr•nt Ag9•ts
Debtors
Cash at bank and in hand
241
21,554
21.795
2.722
33,437
Cv•dllors: amounts fwlling du• ¥Athln on• y•ar
11
(656)
(1.192)
Net current assets
21,139
32,245
Total •880ts l•M currnnt liabSlltlo•
289.455
310.328
Deferred Income
N•1 ¥58ets
289A55
310.328
Incom• funds
Restricted fijnds
Unrestri¢led lunds
1,638
287,817
2,245
308 083
310,328
12
The Gompany is entrt￿d to the exemption from the audit requirement containwj in sedion 477 of tl* Companies A¢i
2006, for the year eThled 31 D&*mber 2025. No member ofthe c(xnpany has deposited a notir£. pursuant to section
476, requiring an audrt of these financial sLqtements.
The directors acknowledge tha"r reSpW￿l>.lrtIes for ensuYiNJ that the charity keeps a(xa)unting feLY>rds which comply
with section 386 of the Act and for preparing ffinancial statements wh￿h give a tnk and f8ir View of the state of the
affairs of the ccrfnpany as at the end of the f￿anUal year and of its ini*miThJ resour￿$ and application of resources,
including its income and expenditure, the ￿anCIal year in aC¢4Xdan￿WiIh the requirements ofsections 394 and 395
and whith otheThvh8e compty with the r04u1rem￿ts of the C(xxpan*s Act 2006 ￿lati}g to financial statements. so far
a$ applirAble to the (>)Mp￿Y.
These financial slatements have be￿ prepared in wdance with the provisN)rrè applicable to companies subject to
the small compan￿$ r4ime.
The wunts Y￿re approved by the Dira(*ots on..Q...6...J5..+... 2 02 g
Glna P
Dlr•clor
rden
Company rogl•tr*llon No. SC2nes2

CROMARTh HALL TRusr
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 DECEMBER 2025
A¢¢¢)untlng Pollclo8
Charity Infomiatlon
Cromaty Hall Trust is a private company limited by guarantee in SLXltland. The registered offio IÈ
Sebay. Back Road, St. Margareys Hope. OTkney, KW17 2SP.
1.1 Accounllnq conv•nllon
The a¢¢ounts have been prq)ared in with Ihe chafti<s ThwwJrar#lum articles Df as￿latiOn, the
Charities and Trustee Investrnent (Scotland} Act 2005. the Chaiiti8s Accounts (Scotland) Regulathjns 2006 {as
amended) and "Account"ng and Reportiw by Charrtie8'. Statwngnt of Recommended Practic8 applicab￿ to
charities preparing thar accounts tn accordance with the Financial Reporting Standard applicable in the UK and
ReputrAic of Irgland (FRS 102). (as amend￿ for acc￿jnI￿lg ¢0￿Mer￿1￿J from 1 January 20221. The
eharty 18 a publi¢ Bonofrt Entity as definod by FRS 102.
The charity has iaken thantage of the proK4Y)n in the SORP for tharilies appfylro FRS 102 Update Bvlletli 1
not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterliry. which is the functional currenw ol the charity. Monetary
amounts in these financial statements a￿ rrnrKled to r￿r￿t £.
The fin￿CHI statement have been prepared under the hist¢yieal o)st (X)nventh￿. The pri[￿v￿ accounting
policies adopted are set out below.
1.2 Golng concern
At the time ofapproviryJ ts finanryal statem￿. Ihe directors have a reasonable expectation that the charity has
adequate resources to conknue in operational existence for Ihe foreseeable future. Thus the directors Continue
to adopt the going concem basis of accounttrvJ in prepariro fmancial statements.
1.3 Charltabl• fund8
Unrestricted funds are available for use at Ihe dIScr￿1￿ of the directtys in furiher8Dce of thelr charitable
objectives unless the funds have been desKJnatwl for o(h￿ purposes.
Restricled funds are subject to specific C(￿ditiorS by donots as to they may be used. The purpose5 and
uses of th8 reskncted furtds are set out in the noles to the ￿nts.
1.4 Incomlng resourc•s
Income is re￿gnised when the c*arity is legalty entitled to it after any ￿￿f0￿nance corKJitions have been me(
amounts can be measured reliably. arKI it is probabte that income will be T￿l¥ed.
Ca¥h donations are recognised on ￿￿elPt. Olher donatiorts are rwnised on(% the tharity has been nolff￿d of
thè donatson, ￿n￿sS p￿rfOrMan￿ ¢ondrtions requwe dÈfèrrydl of the amwnt. Income tax recoverable in ￿lation
to donations received Gift Aid or de&ts of co¥enant is recrwK8ed at the same time of the donalion.
Donations. legacies arvj other fonns of voluntary are re￿gnised as nGomlng resources in the Stalement
of Financial Activities ISOFAI whon rec4ivabb, oXC*Pt insofar as ar• incapablg of financial ma8sur8mont.
The value of serwices provided by volunteers has rh)t been inc*Jded in Il*se x¢ounts.
Grants. including grants for th8 purchase of f￿e￿ assets. are recogni8ed full in ts SOFA in the year wi wh
they are re¢eNable. Grants relating to futurè aco)unting pe￿d$ a￿ deferred.
Incoming resources from Services are inckklejj when recerAk.

CROMARTY HALL TRUST
NOTES TO ThE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Accounting polici
(ContInu￿)
1.5 Resources oxponded
Expendilure is included in rescwrces exp&thJ on an acuuals bas￿, inctusive of any VAT which cannot be
Cost of generaling furKls cthryirise the costs associ￿ with allraciiry voluntary i1￿me and the costs of
fundraising events.
Charitable expendiiure ¢c¥nprises those &)sts Incurr￿ wi the d￿Nery of the charity's aclivilies aThJ services for
11$ beneficiaries. It ind￿je$ both costs that can èe allocated to such activities. those costs of an indirect
nature necessary to s￿pOrt them, and goveman(¥ costs *fiich include those cost8 associated with meeting the
constitutiona and statutory requirements of ts charity.
1.6 Tanglble fix•d assots
Tangible fixed assets afe inilialty measurvj al (glst and sthequth measured at cost or valuation. net of
depreuation and ony impairment10•60s.
Tangible fixed assets are stated al cost less dwecithn. DepTeciath)n 15 provÉd&J at rates calculated to write
off Ihe cost less estynated rosidual value of eath asset ovw its expe(tsd useful lrfe, as follows..
H8ritage asset
50 years strawJht h'no
Fixtures, fittings and equitrfnent 20% reduciw balance
The gain or loss arisillg on the dK8FM)sal of an asset is detemined as the dIffe￿nCe befv￿n the sale proceeds
and the carying value of the asset. aThJ is rewnised in net mcc￿1(expendrtUre) for the year.
1.7 Impairment of fixod a880ts
At eath ￿PortIng 8￿1 date, the charity fewews the ￿rrying amwnts of its tsngible and intsn9lole 8$#ets to
determine whether there is any WKlication Ihat those assets have suffered an impairment loss. If any 5uGh
irNI￿tion exists. the recoverable amount of ts asset 15 eStiT￿ed in ￿er to detemine the extent of the
impairment loss (if any).
Intangible assets with widefnile Lrneful Ir￿ aTrJ intangible assets not yet availab￿ for use are tested for
impainnent annually, and whenever there an ir￿Kat￿n that the asset may be inpaired
1A Cash and Gash oquiv¥lonts
Cash and cash equivalents nclude cash in hand, deposits hehj at call with banks, other short-term liquid
investments with crfiginai Maturit￿ of three or less, ard bank overdrn￿ Bank overdrafts are Shown
withui borrowing in CU￿ liabilibes.
1.9 Fin*nelal In*lrum•fits
The charity has ele¢bY to appty the provBions of SeclM)n 11 'Basic Financial Instruffths. of FRS 102 to all of
its financial insinrnents.
Financial Instruments are recognised in the balance sheet vAvi Ihe ¢hafity be¢ms paty to the
contractual provisions of the instrument.
FinancHI assets and liab11rt￿ affj offset. wilh the net amwnts presented in the fmancral statements. when there
is a legally enforceable right to set off the ￿cognised amounts and there is an rrtention to settle on a net basts
or to realise the asset and setue the liabilty simultan8(wsty.

CROMARTY HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Accountlng pollcl88
Icontinuod)
Ba8lc flnancw a880ts
Basic financial a$￿t$. ￿lch Ind￿10 debtorn and cash and bank balan￿. arn initialty maasur8d at transactSon
price including transxtion Gosts and are SUbSeqL￿ Carried at amOrt￿￿￿ ¢0st using the effective interest
method unless ts arrangement constitutes a financwvJ transaction. where the transacth)n is measured at the
present value of the future re￿ip1S disLxJunted at a ffla￿et rate of wrtW85t. Flnan¢ial assets classified 8$
receivable within one year are not ￿￿rttsed.
Baslc financlal liabll516•8
Basic finan￿al liabilibes, I￿ludIr￿3 creditors and bank loans are inr(ialty recognised at transaclM)n prieé unless
the arrangement constitutes a financtng transaction. where the debt instrument is measured at the present
value of the future payments dis¢wnted at a market rate of interest. Fina￿la1 liabilrties classi￿d as payable
within one year are not anN)rti￿.
Oebt instrumènts a￿ subwuenty Ca￿led at arn(xtised oJs( ￿K¥j the effedNe interest rate method.
Trade creditors are obligatiorts to pay for go(xJs ow servKes that have been acquired in ordinary course of
Opera￿n5 fiom yjppliers. Amounts payable are ¢lassffied as current liab11rt￿ rf payment is due within one
ye8r or less. If not they are presented as non-curfenl h'abilrti85. Trade c￿rtOrS are recognised initially at
transaction price arKI SLbsequenlly measured at anortised c¥)st usry the effedive interest m8th0d.
Dèr•cognltSon of financlal liobilltlo•
Financial liabllit¢es afe derecLxJnised tre charitys Ob￿t￿ expl￿ or are distharged or
canc*lled.
Crlllcal accounllng ￿tima￿S and Judgem¢nts
In the application oflhe charity's a(￿￿ting tre directo￿ arE rEqulred io make judgemerrtS. e¥+tlmates
and assumptiMs about the carrying arnount of assets and liabilities that are not readily apparent from other
sources. The estimates arKI as¥ociated assumpb.ons a￿ based on historical eXper￿ce and othei fadorn that
are con$iJered to be relevant. Adual resuts may differ from theso eslimates.
The estimales arthj ur*JthirwJ a&S￿￿ptIOnS are reviewj on an or¥Jowig basis. Revisions to ar￿Unting
estimates are recc4Jnised in the period In which the e8tlln8le is re¥￿ed where the revislon 8ffecla On￿ that
period or ui the period of the wision and future p8rir*ds vthere the revksion affects both currenl and futu
periods.
Donallons and Loga¢i••
Unrestricted
Funds
2024
ReStr￿d
Funds
2024
FuThJs
2025
Funds
2025
Total
2025
Total
2024
Donations and gifts
1.166
166
1.774
1.774
Grants rec4vable
475
475
Membership fees
For the year ended
31 December
260
270
270
1,426
1426
475
2.519
io

CROMARTY HALL TRUST
NOTES TO THE FIPi4NCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Charitablo a¢tiviti08
2025
2024
Charitablg rental irKome
4,598
4.701
9.299
5,998
408
Events
6.406
Charitsble oxpondilurp includes £600 ¢haryed by the ir*ndent examiner for accounts preparation and
independént èxaminations sérvices (2024: £600).
Grants v•¢glv•d
2025
2024
VAO Community Mertsl Heafth & Wete
Orkney Islands CaJnc41- Repairs
475
200
475
DtrKtovg
Jring the year three directors received relrtwrsed expenges of £1,748 (2024.. 4 directors £909).
Employo
There were no empbyee5 during the yew.
Tax￿On
The tharitable cclnpany is exempt fr(￿ corporatx)n tax as all its income is thantable and is applied for tharitable
purposes.
li

CROMARTY HALL TRusr
NOTES TO THE FINANCIAL sTATEmE￿s ICOKnNUED)
FOR THE Y84R ENDED 31 DECEMBER 2025
T¥ngibkn fixod as••ts
Fixtyrn8.
Fltting8 &
Equipment
Land and
8uilding
Computer
Totsl
C￿t
At 1 January 2025
Addition5
423.98S
50.609
474,594
At 31 Decernber 2025
Depreclatlon and impaimient
At 1 January 2025
DepreCiat￿)n charged in tho year
152.338
44.173
1287
198.511
9.767
At 31 Decernber 2025
160.818
206.278
Carrylng amount
At 31 December 2024
6.435
278 083
At 31 December 2025
263,168
5.148
268.316
Flxtum.
Fitlings &
Equlpment
2024 compari80n
Land and
Bulldlng8
Computèr
Totsl
Cost
At 1 January 2024
Addiknons
423.985
50,609
474,594
At 31 December 2024
423.985
474,594
Dèprè¢latlon and irnpairn*nt
At 1 January 2024
t)eprecialion Charged in the ye
143.858
42,564
186.422
10.089
At 310ecember 2024
152.338
44.173
196,511
Carrying amount
At 310ecember 2023
280,128
288.172
At 31 December 2024
6.435
278 083

CROMARTY HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE Y&4R ENDED 31 DECEMBER 2025
The Cromaty Hall was donated to the peop￿ of South RonahJ8ay in 1878 by local businessman philanthropist
William Crsyn8ty. It h8$ served as the communty hall ever since and over the yEars has hosted 1nnUn￿rab1e dances,
Cor￿rtS. weddings. parties and pantomimeg. ag as ￿1n(lesS fundra￿ff￿ events and even military funerals.
For many years it seNad as the koal unem8 and rxwJinal screen is stll in pla￿, in perfect condit1t￿. in thè hall.
The Lmlque stage with it5 prO￿niuM arch and gaNery. aw with the balcony with its seatiNJ, were saved from
demolition and fully integrated into the extensk)n and refrjrbishment Wofk undertaken by the charity.
Thè gift of the Hall to trte charity in 21Y)5 is rM)t rec￿￿niSed li these &Lxiunts as cost of obtaining a valuation of the
gift is th0￿ht l*ety to exceed the beneffts of cbts#iiTrJ the valuat￿.
The cost of the exten￿On and refurbishTrvrtworks urKJwtaken by ￿ thrity belvffjen 2(M)S and 2014, a iotsl of
£423.985, has been capitalssed at cost aTrJ depre(¥ated ￿ a stra*3ht-&ne basis over ffly years.
It is the polcy of the charity to maintain preseNe the Hall in per￿l￿ty.
Flnanclal I￿trUm9n￿
2025
2024
Carrylng amount of flnancial •xs•ts
Carrylng am¢)unt of ffnanclal Ihbilitles
Measured at amortised cost
10 Dobtorn
2023
2024
Amounts lalllng due wlthln one y¢ar.
Prepayments and aCcn￿d irKome
241
2.722
11 Cr•ditorn: amounts falling duo within one year
202S
2024
Accruals and deferred income
658
1,192
13

CROMARTY HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENOED 31 DECEMBER 2025
12 Andyal8 of n•t u••ts b•i*wn fund•
Fund balances at 31 December rewes4)t￿ by..
Funds
2025
Tot•1
2025
Funds
2024
Funds
2024
Total
2024
2025
Tanglble assets
266.678
1.838
2rt316
276.035
278,083
Current
asselsl(liabilities)
21.795
21.795
33.240
197
33,437
Provisions and
deferred income
(656)
1656)
(1,192)
11,192)
287.817
1.e*38 289.455
308.083
2.245
310.328
13 Securlty
As part of the contract for lottery grant funding, a stsndard security has been granted in favour of the National Lollery
Charities Board over the larKI and buildings of Cromaty Hall. The conditM)ns of the c<￿traCt appty for a peikKI of 80
years trom the date of imprcwement of the Cromaty Hal. If the company is in breach of any of the grant conditions
during this period. then the grant shall be repayab￿, and the stsndard security may be called up.
14