Dunkeld Parish Church of Scotland
Trustees Report and Financial Statements
for the Year ended 31 December 2024
Scottish Registered Charity Number SC009867
Congregational Number 271610
Dunkeld Parish Church of Scotland
Trustees' Report and Financial Statements for year ended 31 December 2024
Contents
| Contents | |
|---|---|
| Page | |
| Parish Information | 1 |
| Trustees' Annual Report | 2-5 |
| Receipts and Payments Account | 6 |
| Statement of Balances | 7 |
| Notes to the Financial Statements | 8-12 |
| Funds held on behalf of the Congregation | 13 |
| Independent Examiner's Report | 14 |
Dunkeld Parlsh Church of Scotland Parlsh Informatlon Prlnclpal offlce- bearers Trustees Independent Examlner Henderson Log8ie LLP Chartered Accountants The Vision Building 20 Greenmarket Dundee DDI 4QB Bankers Bank of Scotland High Street Dunkeld Perthshire PH8 OAL Contact address Charity Registration Number Congregatlon Referente number SC(J)9867 271610
Ounkeld Parish Church of Scotland Trustees. report for the year ended 31 December 2024 Structure, Governance and Management Governing Document The Church 15 administered in accordance with the terrns of the Constitution (Unitary Forrnl. Recruitment and Appointment of Trustees Mambers of the Kirk Session are the charity trustees. The Kirk Session members ara the Elders of the church and aro chosen from those members of the church who are considered to have the appropriate gifts and skills. Brenda Simpson passed away during the year. John Gray retired in January 2025. Organisational Structure The Kirk session, which meets seven times a year. is responsible for spiritual and temporal affairs within the church. In some affairs it has delegated detailed responsibilities to five working groups which rèport back to the Kirk Session. Objectives and Activities The Church of Scotland is Trinitarian in doctrine, Reformed in tradition and Presbyterian in policy. It exists to glorify God and to work for the advancement of Christ's Kingdom throughout the world. As a national Church it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every parish of Scotland through a territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scotland and beyond. In this Parish the church condurts worship in three church building5 and endeavours to promote ChrisV5 message both in the congregation and within the wider community with work amongst young people, work for the elderly and infirm lin particular in retirement hornesl and providing a presence at community activities. There is a working co-operation with the Scottish Episcopal and Roman Catholic congragations within th8 Parish. Achievements and Performance Worship Our regular worship services are hald in Dunkeld Cathedral from Easter Sunday until Remembrance Sunday and in Little Dunkeld Kirk during the winter months. There is a monthly Service in Amulree Kirk and monthly services of Prayers for Help and Healing are held in partnership with St Marfs Episcopal Church in Birnam. Over the summer we hold regular Sunday evening services of Songs and Silence in Dunkeld Cathedral which are appreciated by both member5 of the congregation and vi51tor5 to the area. Our Worship Group organisèd an Apha Coursè for young adults intèrestèd in exploring faith. Our choir takes part in Sunday services, and we have recentty started a band which plays regularly as part of our Sunday service.
Dunkeld Parish Church of Scotland
Trustees’ Report for the year to 31 December 2024 (continued)
Achievements and Performance (continued)
Sunday services are recorded and are available on-line on the Church website. Our YouTube channel is used for occasional recordings, and we have an active Facebook page.
In 2024 there were 10 weddings, 18 funerals and 3 baptisms.
Community Activities
We actively support a number of activities as part of our community support and outreach. These include Friday coffee mornings and fortnightly lunches which are well-attended by both church members and others from the local community.
Men’s Breakfast meets every second Wednesday, bringing together men from all walks of life, from our local street cleaner to a former cabinet minister, to start the day with a cooked breakfast, conversation, and to enjoy each other’s company.
For younger people we have a weekly Youth Group for young people from Primary 7 upwards. We have an afterschool club on Tuesdays, Messy Music, which is open to pre-school and up to Primary 4 children and uses music and art to encourage learning and fun.
We provide monthly worship in local retirement and care homes at Rivendell and Servite with our friends from St Mary’s Episcopal Church and St Columba’s Roman Catholic Church in the Parish.
Charity Fundraising
We work with the other churches in the Parish to support Christian Aid with our annual second-hand book sale. Funds are also raised for other local charities at our Friday coffee mornings.
We participate in an annual Santa Day in December with a second-hand Toy Sale and the sale of soup, teas and coffees raising funds for CHAS, local food banks and other nominated charities.
Festivals
An annual Art Exhibition is held in the summer and a Flower Festival in the Cathedral was held in August. We started an annual Dunkeld Cathedral Summer Music Festival which runs from May to the beginning of September and features both amateur and professional musicians. Last year its 15 concerts attracted over 1,000 people and in 2025 it has expanded to 22 concerts and collaborates with local schools, Universities and the Royal Conservatoire of Scotland.
Cathedral Visitors
We have instituted a team of Welcomers in the Cathedral over the summer, who give information to the thousands of visitors who come to Dunkeld. Visitors can access an audio guide giving information about the history of the Cathedral and the surrounding area.
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Dunkeld Parish Church of Scotland
Trustees’ Report for the year to 31 December 2024 (continued)
Cathedral Visitors (continued)
There is a self-guided prayer tour available via mobile phones which celebrates the Christian heritage of the Cathedral and offers opportunities for spiritual reflection.
We work closely with Historic Dunkeld in promoting the Cathedral and the village of Dunkeld, and their place in local and national history.
Our Pilgrimage Group has created reflective walks around Dunkeld with the intention of ultimately linking with the Columban Way from Iona to St Andrews.
Financial Review
The Accounts are prepared and presented in the Receipts and Payments format and are shown on page 5 of the Financial Statements. Total receipts for the year were £207,503 (2023 - £194,127), which represented £156,540 of normal income supplemented by a drawdown of £50,963 from funds held by the General Trustees, which was taken in order to reduce the overall deficit. The sale of investments held by the General Trustees, outlined in Annex A, has improved the overall position on unrestricted reserves.
Total payments in the year amounted to £217,549 (2023 - £180,773) an increase of £36,776 (2023 – increase of £29,594). Overall, there was an operating deficit of £61,009 (2023 – net deficit £33,930), which after disposal of investments held by the General Trustees on behalf of the Parish, left a deficit of £10,046.
Reserves Policy
Total reserves at the year-end were £491,656 (2023 - £510,293). Of this £138,829 (2023 - £140,236) was held by the Parish Trustees and the General Trustees of the Church of Scotland hold an additional £352,827 (2023 - £370,057) on behalf of the Parish. £15,935 of the funds held by the General Trustees are available to cover general revenue expenditure, £123,700 for general repairs and maintenance of the Cathedral (see Annex A) with the balance of £213,192 available to cover capital expenditure, provided the Presbytery and the General Trustees give their prior consent.
Of the cash and investments held by the Parish Trustees of £138,829 the general unrestricted fund was negative £34,827 (2023 – negative £27,684) and the balance of £173,656 (2023 - £167,920) was held in restricted, designated and endowment funds.
After deducting negative unrestricted general funds, the total available to cover regular expenditure and general repairs and maintenance of the Cathedral is £104,809 (2023 - £25,835) with the balance of £386,848 restricted to capital expenditure or for other specific purposes.
The Trustees recognize that the organization cannot continue to operate with deficits indefinitely, and plans are being developed to return the organization to at least break even by increasing income and reducing costs. The Trustees believe the available funds are sufficient to cover normal operating expenditure for the next 12 months.
4
Dunkeld Parlsh Church of Scotland Tru5tees' Report lor the year to 310ecember 2024 {continuedl Reserves Policy (continued} The Trustees have set an objective of increasing unrestricted reserves over time to the equivalent of six months operating expenditure. The most critical risk facing the organization relates to the mainten8nce of five listed buildings under its care, the most prominent being Dunkeld Cathedral. The TrLt5tees recognise that there is a risk of unanticipated expenditure being required on these buildings. and having carefully CDnsidered this responsibility. they believe that the funds will be found for foreseeable future repairs and rn3intenancè of these buildings. from capit31 reserves or external donors. Statement of Trustee5' Responsibilities Charity law requires the trustees to prepare financial statements for each financial yearwhich shows a tnje and fair view of the state of affairs of the charity and its financial activities for that period. In preparing those financial Statements, the trustees are required to Select suitablè atcounting policies 3nd then apply them consistently. Make judgernents and estimates that are reasonable and prudent. State whether applicable accounting Standards and Statements of recommended practice have been followed. subject to any departure5 disclosed and explained in the Financial Statements. Prepare the Flnancial Statement5 ors the going concern basis unless it is inappropriate to presume that the charitywill continue in operational existence. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the finoncial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotlandl Act 2005, the Charities Account5 Ikotlandl Regulation5 2006 and Regulation5 Anent Congregational Finance approved by the General A55embly of the Church of Scoiland in 2007. They are a150 ie5ponsible for 5afeguBrding the assets of the charlty and hence for taklng reasonable steps for the prevention and detection of fraud and other Irre8ular5ties. Approved by the Trustees and signed on their behalf: ession 11 March 2025
Dunkeld Parish Church of Scotland
Receipts & Payments Account for the year ended 31 December 2024
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Unrestricted Designated Restricted Endowment Total Unrestricted Designated Restricted Endowment Total
Funds Funds Funds Funds 2024 Funds Funds Funds Funds 2023
£ £ £ £ £ £ £ £ £ £
Receipts Note
Voluntary income 1 77,148 - 10,090 - 87,238 78,322 - 13,544 - 91,866
Receips from Fundraising Activities 2 36,173 - 6,562 - 42,735 30,845 - 46 - 30,891
Investment income 3 19,348 - 261 767 20,376 18,162 - 232 682 19,076
Income from Charitable Activities 4 6,191 - - - 6,191 5,010 - - - 5,010
Transfer from General Trustees 50,963 - - - 50,963 47,284 - - - 47,284
189,823 - 16,913 767 207,503 179,623 - 13,822 682 194,127
Payments
Payments for Fund Raising Activities 5 525 - - - 525 82 - - - 82
Payments for Charitable Activities 5,9 198,911 592 15,411 130 215,044 147,372 167 31,352 - 178,891
Governance Cost 5 1,980 - - - 1,980 1,800 - - - 1,800
201,416 592 15,411 130 217,549 149,254 167 31,352 - 180,773
(Deficit)/Surplus for the year (11,593) (592) 1,502 637 (10,046) 30,369 (167) (17,530) 682 13,354
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Dunkeld Parlsh Church of Scotland ststement of Balancesat 31 December2024 2024 Unrestrirted Designated Restrirted Endowment Funds Funds Funds Funds Total Funds Bank Bank and investments Opening cash It l January 2024 IDelicitl/Surplus fclr the Year CloslnK cash at 31 December 2024 Investments held by Trustees note 8 Cash & irvestments held by Trustees Held by Church of Scotland General Trustees - Ann•x A Totsl cash & Investrnents (103,299) (11,593) 1114,8921 80.065 134.827) 3,162 1592) 2.570 96.607 1,50Z 98,109 12,352 110,461 23,750 637 24,387 36,238 60,625 20,220 110.0461 10.174 128,655 138.829 2,570 352,827 491,656 Other Assets Gift Aid Tax refund due for 2024 Other Debtors 11,130 257 11.387 Other Llabllltles Independent examiner's fee 2,160 2,160 Total Funds 2023 Unrestricted Desbgnated Restrlcted Endowment Funds Funds Funds Funds Bank and investments Opening cash at l January 2023 IDeficitl/Surplu5 for the Year Collections held on behalf of third parties Closing cash at 31 December 2023 Investments held by Trustees note Cash & investment5 held by Trustees Held by Church of Scotland General Trustees- Annex A Total cash & investments 1133,6681 30.369 3.329 11671 115,607 117,5301 11,4701 96.607 11,287 107,894 23.068 682 8,336 13,354 11,4701 20,220 120,016 140,236 1103,2991 75,615 127,6841 3,162 23,750 33,114 56,864 3,162 370,057 SIO,293 Other Assets Gift Aid Tax refund due for 2023 Other Debtors 10.721 233 10,954 Other Liabilities Salaries Independent examiner's fee Other Expenses 363 1,980 400 2.743 Apprtsed by the Kirk Session on 11 March 2025 and signed on their behalf Se551on Clerk Treasurer
Dunkeld Parish Church of Scotland
Notes to the Financial Statements
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Unrestricted Designated Restricted Endowment Total Unrestricted Designated Restricted Endowment Total
Funds Funds Funds Funds 2024 Funds Funds Funds Funds 2023
£ £ £ £ £ £ £ £ £ £
1 Voluntary Income
- - - - - -
Offerings 56,455 56,455 52,505 52,505
Tax recovered in Gift Aid 14,125 - - - 14,125 16,954 - - - 16,954
Donations 6,568 - 90 - 6,658 8,863 - 11,794 - 20,657
Grants - - 10,000 - 10,000 - - 1,750 - 1,750
- - - -
77,148 10,090 87,238 78,322 13,544 91,866
2 Activities for Generating Funds
Art Exhibition 4,500 - - - 4,500 4,000 - - - 4,000
Fundraising 0 - 6,562 - 6,562 949 - - - 949
Cathedral Visitor Donations 18,673 - - - 18,673 13,896 - 46 - 13,942
- - - - - -
3 Churches Charity Shop 13,000 13,000 12,000 12,000
36,173 - 6,562 - 42,735 30,845 - 46 - 30,891
3 Investment Income
Dividends 2,539 - 261 767 3,567 2,157 - 232 682 3,071
- - - - - -
Endowment Fund (GenTrustees) 13,649 13,649 12,348 12,348
Rentals & Glebe Rent 3,160 - - - 3,160 3,657 - - - 3,657
19,348 - 261 767 20,376 18,162 - 232 682 19,076
4 Income from Charitable Activities
- - - - - -
Weddings and Funerals 6,191 6,191 5,010 5,010
Transfer from General Trustees 50,963 - - - 50,963 47,284 - - - 47,284
Total 189,823 - 16,913 767 207,503 179,623 - 13,822 682 194,127
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Dunkeld Parish Church of Scotland
Notes to the Financial Statements (continued)
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Unrestricted Designated Restricted Endowment Total Unrestricted Designated Restricted Endowment Total
Funds Funds Funds Funds 2024 Funds Funds Funds Funds 2023
£ £ £ £ £ £ £ £ £ £
5 Analysis of Payments
Costs of Generating Funds
Transaction costs 375 - - - 375 - - - - -
Donation envelopes 150 - - - 150 82 - - - 82
525 - - - 525 82 - - - 82
Charitable Activities
- - - - - -
Giving to Grow 68,846 68,846 67,903 67,903
- - - - - -
Presbytery Dues 1,835 1,835 1,704 1,704
- - - - - -
Minister's Expenses 2,091 2,091 1,680 1,680
Pulpit Supply 550 - - - 550 1,364 - - - 1,364
- - - -
Other salary costs 25,656 2,705 28,361 16,612 10,209 26,821
- - - -
Fabric Repairs & Maintenance 61,082 10,261 71,343 21,183 16,882 38,065
Council Tax and Water Rates 3,812 - - - 3,812 3,727 - - - 3,727
Insurance 9,532 - - - 9,532 9,167 - - - 9,167
Utilities 23,117 - - - 23,117 20,526 - 1,440 - 21,966
Printing, Postage, Stationery 904 - - - 904 1,635 - - - 1,635
- - - - - - - -
Restricted Projects 1,615 1,615
Youth work - 78 45 - 123 - 167 239 - 406
Other expenses 1,486 514 2,400 130 4,530 1,871 - 967 - 2,838
198,911 592 15,411 130 215,044 147,372 167 31,352 - 178,891
Governance Costs
- - - - - -
Independent Examiner's Fee 1,980 1,980 1,800 1,800
Total 201,416 592 15,411 130 217,549 149,254 167 31,352 - 180,773
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Dunkeld Parish Church of Scotland
Notes to the Financial Statements (continued)
6 Stipend
The Church contributes to the National Stipend Fund which bears the costs of all minister's stipends and employers' contributions for national insurance, pension and housing and loan fund. Ministers stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review the minimum stipend was £31,642 (2023 - £30,135) and the maximum spend (in the fifth and subsequent years) was £38,884 (2023 - £37,032).
7 Trustee Remuneration and Related Party Transactions
During the year, the Minister received a contribution towards Council Tax on the Manse amounting to £3,652 (2023 -£3,572) and expenses of £2,091 (2023 - £1,680). Another Trustee received £1,903 for their services to the Church (2023 - £1,880).
No other Trustee, or person related to a Trustee, had any personal interest in any contract or transaction entered into by the Church during the year.
| 8 Investments Church of Scotland Investors Trust Market value at 31 December 2023 Unrealised gain/-Loss on investments Fair value at 31 December 2024 Investments at cost Deposit Fund Growth Fund 1200 units St George's Hospital Bequest 4480 units Douglas Endowment 1936 units Little Dunkeld Centenary Fund 5567 General Congregational Purposes 400 Congregational Board 1020 General Purposes Income Fund 2978 General Congregational Purposes Funds held as Endowment Restricted Unrestricted |
2024 2023 £ £ 120,016 112,180 8,639 7,836 128,655 120,016 67,732 67,732 2,552 2,241 7,656 6,996 28,582 26,118 12,352 11,287 35,517 32,456 2,552 2,332 6,508 5,947 32,936 32,639 128,655 120,016 36,238 33,114 12,352 11,287 80,065 75,615 128,655 120,016 |
|---|---|
Endowment funds represent amounts from which income may be used for specific purposes (see note 10) Restricted funds are held for specific purposes (see note10)
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Dunkeld Parish Church of Scotland
Notes to the Financial Statements (continued)
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9 Collections for Third Parties 2024 2023
£ £
Children's Hospices Across Scotland 718 744
Christian Aid 167 608
-
Zambia Truck Appeal 1,000
-
Sand Dam Project 1,000
PH8 Care (Dunkeld & Birnam) 651 -
Earl Haig Poppy Fund 220 362
Perth Food Bank 718 744
-
Other projects in 2023 2,234
4,474 4,692
10 Movement in Funds
As at As at
2024 01/01/2024 Receipts Payments 31/12/2024
Endowment Funds
St George's Hospital Fund 16,554 162 (130) 16,586
Douglas Endowment Fund 7,196 605 - 7,801
23,750 767 (130) 24,387
Restricted Funds
Little Dunkeld Centenary Fund - 261 (261) -
Youth Fund 963 90 (45) 1,008
- -
Little Dunkeld Project 90,376 90,376
- -
Community Project 2,149 2,149
Dunkeld & Birnam Community Council 414 - - 414
- -
Grant for professional fees 10,000 (10,000)
Donations for Cathedral - 6,562 (2,400) 4,162
Cathedral Music 2,705 - (2,705) -
96,607 16,913 (15,411) 98,109
Designated Funds
Future Plan 2,833 - (514) 2,319
Youth Work 329 - (78) 251
-
3,162 (592) 2,570
Unrestricted Funds
General Fund (103,299) 189,823 (201,416) (114,892)
(103,299) 189,823 (201,416) (114,892)
Total Funds' Movements 20,220 207,503 (217,549) 10,174
Collections held for others - - - -
Total Funds 20,220 207,503 (217,549) 10,174
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Dunkeld Parish Church of Scotland
Notes to the Financial Statements (continued)
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10 Movement in Funds (continued)
As at As at
2023 01/01/2023 Receipts Payments 31/12/2023
Endowment Funds
St George Hospital Fund 16,410 144 - 16,554
Douglas Endowment 6,658 538 - 7,196
23,068 682 - 23,750
Restricted Funds
Little Dunkeld Centenary Fund 2,654 232 (2,886) -
Youth Fund 914 94 (45) 963
- -
Little Dunkeld Project 90,376 90,376
-
Community Project 3,339 (1,190) 2,149
- -
Warm Spaces Grant 1,440 (1,440)
Dunkeld & Birnam Community Council 1,244 - (830) 414
Grant for stonework - 1,750 (1,750) -
Disabled toilet at Duchess Anne - 11,700 (11,700) -
Other 425 46 (471) -
Cathedral Music 13,745 - (11,040) 2,705
114,137 13,822 (31,352) 96,607
Designated Funds
Future Plan 3,000 - (167) 2,833
Youth Work 329 - - 329
-
3,329 (167) 3,162
Unrestricted Funds
General Fund (133,668) 179,624 (149,255) (103,299)
(133,668) 179,624 (149,255) (103,299)
Total Funds' Movements 6,866 194,128 (180,774) 20,220
Collections held for others 1,470 - (1,470) -
Total funds held 8,336 194,128 (182,244) 20,220
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Endowment Funds
The St George's Hospital Fund is to be used as a compassionate fund for the poor of the Parish The Douglas Endowment Fund is to be used as a compassionate fund for the poor of the Parish
Restricted Funds
Little Dunkeld Centenary Fund is to be used to supplement the minister's stipend.
Youth Fund is to support the youth of the Parish
Little Dunkeld project relates to the proposed church refurbishment Community Project relates to supporting senior members of the Parish Cathedral Music Fund used to support music in the Parish Dunkeld & Birnam Community Council grant to support welfare grants
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Dunkeld Parish Church of Scotland
Funds held on behalf of the Congregation by the Church of Scotland General Trustees
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Annex A
2024 2023
Market value Market value
£ £
Consolidated Fabric Fund
Revenue Account
Balance b/f at 1 January 2024 15,993 31,841
Interest 1,418 639
Dividends from Capital Fund 7,678 7,601
Adminstration charges (607) (342)
Drawdown during year (8,547) (23,746)
Balance at 31 December 2024 15,935 15,993
Property Sales 56 * (including rebalancing of capital account 55)
Market value Market value
Capital Account Cost £ £ £
Balance b/f at 1 January 2024 198,335 236,235 15,785
-
Realised gains on investments 9,585 87,724
-
Drawdown during year (34,884) 132,726
Balance at 31 December 2024 173,036 213,192 236,235
Former Dunkeld Cathedral Trust
Market value Market value
Expendable account Cost £ £ £
- - -
Balance b/f at 1 January 2024
- -
Transfer from capital account 62,371
Transfer from revenue account 40,334 - -
Dividends 1,196 - -
Interest 1,157 - -
- -
Drawdown during year (7,532)
Balance at 31 December 2024 97,526 123,700 -
Capital Account Cost £
-
Balance b/f at 1 January 2024 62,371 80,303
- -
Transfer to expendable account (62,371)
Balance at 31 December 2024 - - 80,303
Revenue Account
Balance b/f at 1 January 2024 37,526 56,614
Dividends 1,166 2,427
Interest 1,643 2,023
-
Transfer to expendable account (40,334)
-
Drawdown during year (23,538)
Balance at 31 December 2024 - 37,526
Total at 31 December 2024 270,562 352,827 370,057
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Funds held in revenue accounts are available for general repairs and maintenance, insurance, cleaning and fuel costs.
Funds held in the Former Dunkeld Cathedral Trust acount are for "the preservation, maintenance and improvement of fabric, fittings, furnishings and eqipment of the part of Dunkeld Cathedral vested with the General Trustees of the Church of Scotland."
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Church of Scotland Parish of Dunkeld
Report of the independent examiner
I report on the financial statements of the charity for the year ended 31 December 2024 which are set out on pages 5 to 12.
This report is made to the trustees, as a body, in accordance with the terms of my engagement. My work has been undertaken to enable me to report my opinion set out below and for no other purpose. To the fullest extent permitted by law I do not accept or assume responsibility to anyone other than the trustees, as a body, for my work or for this report.
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 (as amended). The Trustees consider that the audit requirement of Regulation 10(1)(d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial statements under Section 44 (1) (c) of the Act 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 2006 Accounts Regulations. 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 seeks 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 have not been kept in accordance with Section 44 (1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
-
to prepare financial statements which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
11 March 2025
For and on behalf of Henderson Loggie LLP The Vision Building 20 Greenmarket Dundee DD1 4QB
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