Charity registration number SC009763 (Scotland)
WEAVERS SOCIETY OF ANDERSTON
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 15 JUNE 2026
WEAVERS SOCIETY OF ANDERSTON
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Janet Pierotti - Preses | (Appointed 5 September |
|---|---|---|
| 2025) | ||
| Gordon Price - Treasurer | (Appointed 5 September | |
| 2025) | ||
| Robert Tomlinson - Late Preses | (Appointed 5 September | |
| 2025) | ||
| Hugh Campbell - Life Director | ||
| Norman Hamilton - Life Director | ||
| Sir Michael Hirst - Life Director | ||
| Rose Mary Harley | ||
| John Harris | ||
| Graeme Lyall | ||
| Tom Moffat | (Appointed 5 September | |
| 2025) | ||
| Peter Shand | ||
| Ian Young | ||
| Charity registration | Scotland | SC009763 |
| Independent examiner | Andrew J McAulay FCCA | |
| 6th Floor | ||
| Gordon Chambers | ||
| 90 Mitchell Street | ||
| Glasgow | ||
| Scotland | ||
| G1 3NQ | ||
| Accountants | BK Plus Limited | |
| 6th Floor | ||
| Gordon Chambers | ||
| 90 Mitchell Street | ||
| Glasgow | ||
| Scotland | ||
| G1 3NQ |
WEAVERS SOCIETY OF ANDERSTON
CONTENTS
| Page | |
|---|---|
| Trustee's report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 13 |
WEAVERS SOCIETY OF ANDERSTON
TRUSTEE'S REPORT
FOR THE YEAR ENDED 15 JUNE 2026
The trustees present their annual report and financial statements for the year ended 15 June 2026.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".
Objectives and activities
The principal object of the society is the benevolent assistance of such of its members, their widowed spouses and the dependants of deceased members as may be in reduced circumstances. The society also makes charitable donations to worthy causes in Anderston and other Scottish charities.
Grant making policy
Grants are paid monthly to members or their widowed spouses and dependants at the discretion of the Trustees and the recipients do not have a contractual right. In addition to the monthly grants, recipients may be eligible for heating allowances, summer holiday gifts and a Christmas gift. Those receiving grants are visited annually where possible by a professional visitor.
Achievements and performance
Significant activities and achievements against objectives
The Trustees continued to support other Scottish charities and not-for-profit organisations, particularly those which are closely associated with the community of Anderston. Further details are provided in note 7 on page 10.
Financial review
Per the statement of financial activities, the Society reported a net surplus for the year of £178,179 (2025: £10,600 deficit) after gains on investments of £192,428 (2025: £2,495 losses) (see note 12 on page 11). Before gains and losses on investments, the Society reported a net deficit of £14,249 (2025: 8,105). At 15 June 2026, the Society had total unrestricted funds amounting to £1,441,462 (2025: £1,263,283) of which £1,349,789 (94%) was invested in UK and Global stocks, shares and funds listed on the London Stock Exchange.
Reserves policy
The policy of the Trustees is to ensure that the tangible fixed assets and the fixed assets investments are matched by capital reserves and the revenue reserves are sufficient to cover at least one years expenditure. Further details are provided in note 18 on page 13.
Investment policy
In accordance with the trust deed, the Trustees have the power to invest as they see fit in accordance with the relevant statutory provisions. The Trustees adopt an investment strategy aimed at generating income and maintaining the value of capital. The Trustees have appointed Rathbones as investment managers.
Major risks
The Trustees have assessed the risks, both operational and financial, to which the Society is exposed and have identified the major risk to be a significant diminution in the value of the investment portfolio. This risk is addressed by engaging the services of a recognised firm of investment managers, who manage the portfolio on a discretionary basis thus allowing them to respond promptly to any changes in stock markets. They report quarterly to the board. A representative of the investment advisers periodically attends the board meetings to discuss the performance of the portfolio and address any issues raised by the Trustees.
Structure, governance and management
The Weavers Society of Anderston ('the Society') was constituted by a Contract of Society dated 3 November 1738, incorporated by Royal Charters in 1902 and 1926 and supplemented by Bylaws in 1993, 2006 and 2019 ('the Trust Deed').
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WEAVERS SOCIETY OF ANDERSTON
TRUSTEE'S REPORT (CONTINUED) FOR THE YEAR ENDED 15 JUNE 2026
The trustees who served during the year and up to the date of signature of the financial statements were: Janet Pierotti - Preses (Appointed 5 September 2025) Gordon Price - Treasurer (Appointed 5 September 2025) Robert Tomlinson - Late Preses (Appointed 5 September 2025) Hugh Campbell - Life Director Norman Hamilton - Life Director Sir Michael Hirst - Life Director Rose Mary Harley John Harris Graeme Lyall Tom Moffat (Appointed 5 September 2025) Peter Shand Bruce Wood (Resigned 5 September 2025) Ian Young
Recruitment and appointment of trustees
The Trustees of the Society comprise the Office Bearers (the Preses, the Treasurer and the Late Preses) and other members who are known as Directors. The Office Bearers shall be elected at the annual general meeting. The Preses (chairman) shall be elected annually by the vote of the members from amongst their number and must have previously held the office of Treasurer. The Treasurer shall be elected annually by vote of members as shall nine Directors and of these, three Directors shall retire annually and by rotation, but shall by eligible for re-election.
Key management personnel
The Trustees consider themselves the charities key management personnel, in charge of directing and controlling the charity and overseeing its daily activities. No remuneration was paid to the Trustees during the year.
Independent Examiner
The Trustees recommend that Andrew J McAulay FCCA, a Partner in BK Plus, be appointed as Independent Examiner until further notice.
The trustee's report was approved by the Board of Trustees.
Janet Pierotti - Preses Gordon Price - Treasurer Trustee Trustee 7 August 2026
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WEAVERS SOCIETY OF ANDERSTON
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF WEAVERS SOCIETY OF ANDERSTON
I report on the financial statements of the Charity for the year ended 15 June 2026, which are set out on pages 4 to 13.
Respective responsibilities of trustees and examiner
The Charity's trustees are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The Charity trustees consider that the audit requirement of Regulation 10(1)(a)-(c) of the Charities Accounts (Scotland) Regulations 2006 does not apply.
It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the financial statements.
Independent examiner's statement
In the course of my examination, no matter has come to my attention
-
which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with Section 44(1)(a) of the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006, and
-
to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the Charities Accounts (Scotland) Regulations 2006
have not been met, or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Andrew J McAulay FCCA
Independent Examiner 6th Floor Gordon Chambers 90 Mitchell Street Glasgow G1 3NQ Scotland 11 August 2026
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WEAVERS SOCIETY OF ANDERSTON
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 15 JUNE 2026
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2026 | 2025 | ||
| Notes | £ | £ | |
| Income from: | |||
| Other trading activities | 3 | 1,300 | 2,080 |
| Investments | 4 | 22,415 | 23,213 |
| Charitable bequests | 1,000 | 1,000 | |
| Total income | 24,715 | 26,293 | |
| Expenditure on: | |||
| Raising funds | 5 | 11,140 | 10,403 |
| Charitable activities | 6 | 27,824 | 23,995 |
| Total expenditure | 38,964 | 34,398 | |
| Net gains/(losses) on investments | 12 | 192,428 | (2,495) |
| Net income/(expenditure) and movement in funds | 178,179 | (10,600) | |
| Reconciliation of funds: | |||
| Fund balances at 16 June 2025 | 1,263,283 | 1,273,883 | |
| Fund balances at 15 June 2026 | 1,441,462 | 1,263,283 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 6 to 13 form part of these financial statements.
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WEAVERS SOCIETY OF ANDERSTON
BALANCE SHEET
AS AT 15 JUNE 2026
| Notes Fixed assets Tangible assets 14 Investments 15 Current assets Debtors 16 Cash at bank and in hand Creditors: amounts falling due within one year 17 Net current assets Total assets less current liabilities The funds of the Charity Unrestricted funds 18 |
2026 £ £ 61,000 1,349,789 1,410,789 9,947 23,496 33,443 (2,770) 30,673 1,441,462 1,441,462 1,441,462 |
2025 £ £ 61,000 1,168,500 1,229,500 2,920 40,787 43,707 (9,924) 33,783 1,263,283 1,263,283 1,263,283 |
2025 £ £ 61,000 1,168,500 1,229,500 2,920 40,787 43,707 (9,924) 33,783 1,263,283 1,263,283 1,263,283 |
|---|---|---|---|
| 1,229,500 33,783 |
|||
| 1,263,283 | |||
| 1,263,283 | |||
| 1,263,283 |
The notes on pages 6 to 13 form part of these financial statements.
The financial statements were approved by the trustees on 7 August 2026
Janet Pierotti - Preses Trustee
Gordon Price - Treasurer Trustee
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WEAVERS SOCIETY OF ANDERSTON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 15 JUNE 2026
1 Accounting policies
Charity information
Weavers Society of Anderston is a Scottish registered charity. The registered office address (and principal office) is 70 Hamilton Drive, Glasgow, G12 8DR.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the Charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Income from other trading activities
Income from other trading activities includes income earned from both trading activities to raise funds for the charity and income from fundraising events and is recognised when the charity has entitlement to the funds, it is probable that these will be received and the amounts can be measured reliably.
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WEAVERS SOCIETY OF ANDERSTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 15 JUNE 2026
1 Accounting policies
(Continued)
Investment income
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
Dividends are recognised wen the shareholders right to receive payment is established, measured at the fair value receivable. Generally this is upon notification by the investment adviser once the dividend has been declared.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.
Raising funds
Expenditure on raising funds includes all expenditure incurred by a charity to raise funds for its charitable purposes. It includes the costs of all fundraising activities and events together with those costs incurred in seeking donations, grants and legacies and investment management costs.
Charitable activities
Expenditure on charitable activities includes all costs incurred by the charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. The costs of charitable activities presented in the Statement of Financial Activities includes the costs of both direct service provision and the payments of grant awards if applicable.
Grant expenditure
Grants payable are made to third parties in the furtherance of the charitable objects. The award of a grant is recognised as a liability only when the criteria for a constructive obligation are met, payment is probable, it can be measured reliably and there are no conditions attaching to its payment that limit recognition.
In the case of an unconditional grant offer, this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the one-year or multi-year grant. Grant awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the charity.
Governance costs
Governance costs (which are included as a component of support costs in accordance with SORP) comprise all costs involving the public accountability of the charity and its compliance with regulations and good practice. These costs include those related to constitutional and statutory requirements, external scrutiny (audit or independent examination), strategic management, and other legal and professional fees.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Chains of office
Nil depreciation
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WEAVERS SOCIETY OF ANDERSTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 15 JUNE 2026
1 Accounting policies
(Continued)
The chains of office were last valued for insurance purposes at 10 February 2020 and are shown in note 14. It is policy of the charity not to depreciate these assets as the Trustees consider that their residual value does not fall below the value included within the financial statements.
1.7 Fixed asset investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.
1.8 Impairment of fixed assets
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.10 Financial instruments
The charity has financial assets and financial liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
2 Critical accounting estimates and judgements
In the application of the Charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income from other trading activities
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2026 | 2025 | |
| £ | £ | |
| Merchandising and miscellaneous receipts | 1,150 | 2,080 |
| Membership dues | 150 | - |
| Other trading activities | 1,300 | 2,080 |
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WEAVERS SOCIETY OF ANDERSTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 15 JUNE 2026
4 Income from investments
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2026 | 2025 | |
| £ | £ | |
| Income from listed investments | 22,269 | 22,935 |
| Interest receivable | 146 | 278 |
| 22,415 | 23,213 | |
| Expenditure on raising funds | ||
| Unrestricted | Unrestricted | |
| funds | funds | |
| 2026 | 2025 | |
| £ | £ | |
| Investment management | 11,140 | 10,403 |
| Expenditure on charitable activities | ||
| Provision of | Provision of | |
| charitable | charitable | |
| assistance | assistance | |
| 2026 | 2025 | |
| £ | £ | |
| Direct costs | ||
| Running costs | 6,674 | 8,690 |
| Grant funding of activities (see note 7) | 15,380 | 9,065 |
| Share of support and governance costs (see note 8) | ||
| Governance | 5,770 | 6,240 |
| 27,824 | 23,995 | |
| Analysis by fund | ||
| Unrestricted funds | 27,824 | 23,995 |
5 Expenditure on raising funds
6 Expenditure on charitable activities
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WEAVERS SOCIETY OF ANDERSTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 15 JUNE 2026
| 7 | Grants payable | ||
|---|---|---|---|
| Provision of | Provision of | ||
| charitable | charitable | ||
| assistance | assistance | ||
| 2026 | 2025 | ||
| £ | £ | ||
| Grants to institutions: | |||
| Anderston Primary School | 4,244 | 3,565 | |
| Anderston Green Spaces | - | 1,000 | |
| St Patrick's Primary School | 3,724 | 500 | |
| Anderston Youth Cafe | 500 | - | |
| 8,468 | 5,065 | ||
| Grants to individuals | 6,912 | 4,000 | |
| 15,380 | 9,065 | ||
| 8 | Support costs allocated to activities | ||
| 2026 | 2025 | ||
| £ | £ | ||
| Governance costs | 5,770 | 6,240 | |
| Analysed between: | |||
| Provision of charitable assistance | 5,770 | 6,240 | |
| 2026 | 2025 | ||
| Governance costs comprise: | £ | £ | |
| Independent Examination fees | 2,770 | 2,640 | |
| Secretary fees | 3,000 | 3,600 | |
| 5,770 | 6,240 | ||
| 9 | Net movement in funds | 2026 | 2025 |
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Fees payable for the independent examination of the charity's financial | |||
| statements | 2,770 | 2,640 | |
| 10 | Trustees |
None of the trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
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WEAVERS SOCIETY OF ANDERSTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 15 JUNE 2026
11 Employees
The average monthly number of employees during the year was:
| 2026 | 2025 | |
|---|---|---|
| Number | Number | |
| Total | - | - |
There were no employees whose annual remuneration was more than £60,000.
12 Gains and losses on investments
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2026 | 2025 | |
| Gains/(losses) arising on: | £ | £ |
| Revaluation of investments | 192,428 | (2,495) |
13 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
14 Tangible fixed assets
| Cost At 16 June 2025 At 15 June 2026 Carrying amount At 15 June 2026 At 15 June 2025 |
Chains of office £ 61,000 |
|---|---|
| 61,000 | |
| 61,000 | |
| 61,000 |
The Chains of Office were valued for insurance purposes by J Forrest & Co Ltd on 10 February 2020 at £97,000 (2019: £61,000). The valuation has not been included above.
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WEAVERS SOCIETY OF ANDERSTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 15 JUNE 2026
15 Fixed asset investments
| Listed | |
|---|---|
| investments | |
| £ | |
| Cost or valuation | |
| At 16 June 2025 | 1,168,500 |
| Valuation changes | 207,669 |
| Disposals | (26,380) |
| At 15 June 2026 | 1,349,789 |
| Carrying amount | |
| At 15 June 2026 | 1,349,789 |
| At 15 June 2025 | 1,168,500 |
Fixed asset investments revalued
Fixed asset investments were valued on an open market basis on 15 June 2026 by Rathbones Investment Management.
The cost of the above investments at 15 June 2026 is £1,011,624 (2025: £1,031,832).
16 Debtors
| Amounts falling due within one year: Other debtors 17 Creditors: amounts falling due within one year Accruals and deferred income |
2026 £ 9,947 2026 £ 2,770 |
2025 £ 2,920 |
|---|---|---|
| 2025 £ 9,924 |
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WEAVERS SOCIETY OF ANDERSTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 15 JUNE 2026
18 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 16 June 2025 Incoming resources Resources expended £ £ £ Revenue Reserve 23,641 24,715 (38,964) Capital Reserve 1,168,500 - - Special Range Fund 61,000 - - Insurance Fund 10,142 - - 1,263,283 24,715 (38,964) Previous year: At 16 June 2024 Incoming resources Resources expended £ £ £ Revenue Reserve 27,921 26,293 (34,398) Capital Reserve 1,174,820 - - Special Range Fund 61,000 - - Insurance Fund 10,142 - - 1,273,883 26,293 (34,398) |
Transfers Gains and losses At 15 June 2026 £ £ £ 21,281 - 30,673 (11,139) 192,428 1,349,789 - - 61,000 (10,142) - - - 192,428 1,441,462 Transfers Gains and losses At 15 June 2025 £ £ £ 3,825 - 23,641 (3,825) (2,495) 1,168,500 - - 61,000 - - 10,142 - (2,495) 1,263,283 |
|---|---|
Revenue Reserve
The Revenue Reserve comprises income received for the Society's objectives. It may be used for any purpose within the objectives at the Trustees' discretion.
Capital Reserve
The Capital Reserve represents the market value of the Society's investments.
Special Range Fund
The Special Range Fund represents the value of the Society's Chains of Office.
Insurance Fund
The Insurance Fund represents the balance of insurance claim monies remaining from the theft of the previous Chains of Office
19 Related party transactions
There were no disclosable related party transactions during the year (2025 - none).
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