DIMetors= Karen Szotek Bsc FCCA Joanna Grant Bsc FCA TINDELL, GRANT & Co Accountants Registered number SP1868RS Charity number SC010551 THE ABBEYFIELD STIRLING SOCIETY LIMITED Report and Accounts 31 December 2025
THE ABBEYFIELD STIRLING SOCIE LIMITED Officers, professional advisers and registered office Executlve Commlttee Janel O'Hare Mhairi McLeod an Pollock Marina Chaudhry Judith Richardson Michael Elliot Alasdair Mackie Mike Kirkbride Chairperson Vice Chairperson Treasurer Vice Treasurer House Convenor Executive Committee Member Hon. Secatry Executive Committee Member Secretary Messrs. J.M. & J. Mailer IndBpendent Examiners Tindell. Grar)l & Co Limited 6 Munro Road Springker5e Stirling FK7 7UU Bankers Royal Bank of Scotland 2 Pitt Terrace Stirfing Solicitors Messrs. J.M. & J. Mailer Reglstered offi Jubiliee House Forthside Way StIlg FK8 1QZ Reglsterad nurnber SP1868RS Charty number SC010551 Main placè of business 17 Allan Park Stiding FK8 2QG
THE ABBEYFIELD STIRLING SOCIETY LIMITED Report of the Executive Committee The executive committee presents its report and accounts for the year ended 31 December 2025. Reference and administrative detaS1s Charity name.. The Abbeffield Stirfing Society Limited Registered charity number.. SC010551 Principle address.. 17 Ajlan Park Stiding FK8 2QG The members of the executive committee who served during the year were as follows.. Janet O'Hare Mhairi McLeod Alan Pollock Marina Chaudhry Judith Richardson Michael Elliot Alasdair Mackie Mike Kirkbride In accordance with the registered rules of the society Mhariri McLeod, Marin8 Chaudhry and Judith Richardson retsres by rotation and, being eligible, offer themselves for re-election at the Annual General Meeting. Structure, governance and management The society operates under the wles of the Abbeyfield Society and is registered under the Co-operative and Community Benefit Societtes Act 2014 (registered number 1868Rlsll.11 is an exempl charity (Number SC 0105511. Tho liabilty of members of the execiJtlV8 is limited lo their share holding of £1 each. Each year one third of the Executive Committee members are requifed lo retire by rotation and put themselves forward fof releCtIOn al the Annual General Meeting. Suitable new Iruslees are identified and appointed by the Executive Committee. Objectlves and activities The principal activity of the society is lo provide accommodation, care and companionship for lonely or frail eldedy people in accordance with the aims and principles of The Abbeield Society Limited. This aclivrty falls wholly within very sheltered housing. The society operates one property in Slirling which currently offers twelve units lor rental to those who require very sheltered accommodation.
THE ABBEYFIELD STIRLING SOCIETY LIMITED Report of the Executive Committee Achieverngnts and porfomiance Abbeyfield Stirfirlg provides a very high standard of independent living for our e1ve residents in our specially adapted eady Victorian house located in the centre of Sliding. close to all the facilities of the City. The house is run by an Executive Committee consisting of a team of L¢npaid. dedicated Trustees and managed on a day-to-day basis by a professionally qualified manager who has dual registration. An independent advocate regularly meets residents and always records very high satisfaction rab'ngs from our residents. The Care Inspectorate monitors our activities very closely and carries out unannounced checks every year. We continue to maintsin our standard of providing a very high level of care and support to our residents, individually tailored to Iheir needs. We are immensely proLtrd lo sh8re that in our November 2025 care inspectson., Abbeyfield Stirling received a coveted rating of 6 for the quality of care. the highest rating awarded by the Care Inspectorate. A level 6 rating signifie5 excellence in care provision and is awarded only to facilities that consistently exceed all regulatory standards. This outstanding 8chievemenl places us among the select few homes recognised for exemplary service. The following are a couple of quotes from the inspector's report.. - .Abbeyfield provides a highly effective afid flexible model of care, combining housing support with an integrated care-al-home service. .Slaff work well together lo provide consistent, ccx)rdinated, and perSOn-ntered care and support. We observed positive teamwork across all stsff groups, inclijding care, catering, cleaning. and management. Achieving this rare distinction is a lestsment to the unwavering dedication of our manager and the entire staff team. In addition to the Care Inspectorate award, our long-serving manager Vikki Ferguson was recognised with a well-deserved award for her outstanding efforts in the management of the house. During 2025 we welcomed new residents and the house remained fully occupied. New residents brought tresh energy lo the house and opportunities for new relationships lo fomi. Management carefully assesses every potential resident to provide appropriate support and ensure our house will bgcome their new happy home. Residents of Abbeyfield Stidirtrg continued lo enjoy the benefits of the new pavements all around the house, particularty those that can't use front entrance steps. Service users spend a lol of lime socialising outdoors in all weathers, which positively contributes lo their overall health and general welkbeing. Following this upgrade. our Management Committee early in the year decided to use the financial surplus from last year lo continue the garden improvernenls with the construction of a covered area in the form of a free-stsnding glass walled structure which would significantly extend the benefits of the garden for our residents, allowing use in almost any weather. Once the basic design was finalised. Construction commenced on foundations eady in the year bul because the Abbeyfield house is a Category 2 listed buikling in a conservation area, detailed Local Authority planning permission had lo be obtained before any further work could be carried out. Oblailling this approval took until almost tho and of the year and we anticipate that the new garden rcxjffl will be completed eady in 2026.
THE ABBEYFIELD STIRLING SOCIEfrf LIMITED Report of the Executive Committee Our chairperson Janet O'Hare now fimily settled in her position, provided outstanding service and support to the manager, and board of trustees. Her enthusiasm for fresh ideas for improvement to benefit the service users and planning into the future strongly positions Abberfield Stirting to wlhsland econofflic pressures. 2025 continued to be a year of very low staff turnover.11 is a happy place to live and woth thanks lo caring staff and dedicated management. The house hosted several so¢ial events organised by the manager during 2025. Our usual Summer BBQ was a huge success for everyone who attended. We welcomed a special guest to this yearfs BBQ.. Lady Provost of Sliding Council Elaine Watterson who was very impressed by the work carried out at the Abbeyfield house. Many felt it was one of the best BBQS ever held. Success is attributed lo the careful planning and hard work of the Abbeyfield managernent and sl8ff. 11 is a pleasant way to meet Abbeyfield resident5, their family members, slatt and board of Iruslees. Macmillan coffee morning raised funds for a worthy cause. Allan Primary school visited residents again and provided enjoyable performance lo everyone present. We have supported yOLEng volunteers from the local high schools 8s part of their curriculum. New volunteers joined residents for the regular coffee mornings. The house newsletter was regularly updated during the year and will hopefully remain for 2026. Our website continued to generate new interest, and we have a wailing list of potential residents wanting lo move in. We are still looking lo invite fresh members lo the board of trustees. The achievements of 2025 reflect the extraordinary commitment of our staff, management, residents, and cornmunity partners. As we celebrate our Suc$Ses, we remain focused on continuous improvemenl-ensuring Abbeyfield Stirling is not just a place lo live, but a place to thrive. We warmly invite community membefs, families, and prospective residents to join us on this journey of excellence and discovery. Flnance The 2025 financial year was very successful. Our occupanry rate was just under 990/0. and we achieved a comfortable financi81 surplus once again. The turnover of residents led to a much higher assessment of care needs, resulting in a significant increase in income from Sliding Council. Together, these factors allowed us to accumulate a subs18ntial year-end surplus, which contributed lo the construction of a garden room lo enhance our residents. facilities and provide a space that can be enjoyed in all weathers. This surplu5 not only supports new facilities but also ensures ongoing investment in high-qualty care for our residents. Our cash position remains strong as we move into 2026, and we can confidently look forward lo maintaining our service and standards as we continue lo manage Abbeyfield Stirting. Thanks to the hard wotk of our inhouse care team and effective management. Abberfigld Stirling onlinues lo provide safe, warm, and comfortable environment lo our residents and staff. Al the end of the year the Charity had nel assets of £699.373 of which £413,707 is held in three unrestricted reserves and £285,666 is held in a reslTl¢ted reserve. Details of the reserves are shown in notes 13 10 1 S of the accounts. 11 is the policy of the SIety lo make transfers tolfrom designated res8e$ to equate the General Charitable ReSee plus the Capital Reserve to the net book valug of the property. The remaining revenue and major repairs reserves, which are the free reserves of the society, represent funds arising from past operating results. The Capital reserve is a restricted reserve th81 represents the Social Housing Grant that is repayable on the sale of the propety.
THE ABBEYFIELD STIRLING SOCIETY LIMITED Report of the Executive Committee Rlsk management The executive committee has assessed the major risks to which the society is exposed, in particular those related to the operations and finances of the 50ciely. Systems are in place lo miligale exposure lo the major risks and these are sel out in the societys risk management document. Dlsclosure of infonnation to independent examSner So far as each member of the executive committee at the dale of approval of this report is aware.. there is no relevant informab'on of which the socievs independent examiner is unaware., and the executive committee has taken all steps that they ought lo have taken lo make themselves aware of any relevant information and lo estsblish that the independent examiner is aware of that information. Statement of the Executlve Commlttee'$ responslbllltles The executive committee is responsible for preparing the report and financial statements in accordance with applicable law and regulations. Company law requires the executive committee to prepare financial slalements for each financial year. Under that law the executive committee has elected lo prepare the financial stslemenls in accordance with United Kingdom Generally A¢pIed Accounting Practice (Financial Reporting Standard 102 and applicable lawl. Under con7pany law the executive committee musl not approve the financial statements unless they a satisfied that they give a true and fair view of the stste of affairs of the society and of the surplus or deficit of the society for that period. In preparing these financial statements, the executive committee is required to.. select suitable accounting policies and then apply them consistently. make judgements and estimates that are reasonable and prudent., stste whether applicable UK Accounting Stsndards have been followed. subject to any material departures disclosed and explained in the financial slalement5'. prepare the financial statements on the going concem basls unless il Is inappropr*ate lo presume that the society will continue in business. Staternent of Internal flnancial controls The executive committee is responsible for keeping adequate accounting records that are sufficient lo show and explain the society's transactions and disclose with reasonable accuracy at any lime the financial position of the society and enable them lo ensure that the fin8ncial statements comply with the cOperative and Community Benefit Societies Act 2014. They are also responsible for safeguarding the 8ssels of the society and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the executive committee airperson an 0810512026
THE ABBEYFIELD STIRLING SOCIETY LIMITED Independent Examlnerfs Report to the members of THE A8BEYFIELD STIRLING SOCIETY LIMITED I report on the accounts of the charity for the year ended 31 December 2025 which are sel oul on pages 7 10 16. Respective responsibilities of the executive committee and examiner The charity s trustees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment {Scotland) Act 2005 and the Charities Accounts (Scollandl Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10111181 to Icl of the Accounts Regulations does not apply. 11 is my reswnsibilily lo examine the accounts as required under se¢tion 44{1) Icl of the Acl and to $tste whether particular matters have come to my attention. Basls of Independent examlneVs statement My examination is carried out in accordance with Regulation 11 of the Charities Accounts Iscollandl Regulations 2006. An examination includes 8 review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any *Jnusual items or disclosures in the accounts and seeks explanations from the Iruslees concerning any such mallers. The procedures undertaken do not provide all the evidence that would be required in an audit and. consequently. I do nol express an audit opinion on the view given by the accounts. Independent examingr's statarnent In the wurse of my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in any material respect the requirement5.' lo keep accounting reoords in accordance with Section 44111 (al of the 2005 Act and Regu18tion 4 of the 2006 AcGounts Regulations, and lo prepare accounts which accord with the accounting records and comply with Regulalions 8 of the 2006 Accounts Regulations have not been mel, or 2. to which. in my OniOn, attention should be drawn in order to enable a proper understanding of the accounts lo be reached. g)rl1026 Joanna Grant ACA.................. Tindell, Grant & Co Limited Accountants 6 Munro Road Springkerse Slirfing FK7 7UU
THE ABBEYFIELD STIRLING SOCIETY LIMITED ststement of Flnanclal Actlvltles Sncorporatlng Income and Expondlture A¢¢ount for the year ended 31 De¢ember 2025 Rovenue R8S8rvo 2025 Capltal D¢$l9natod Total 2025 Total 2024 Not9$ 2025 2025 Income and endowments from: Donations and legacie5 Investments- intoresi received Chantsble activiti8s Incorne from18ttings In-house car 1.093 8.453 1,093 8,453 50 6,433 294.305 71.510 365.815 294,305 71.510 365.815 287,838 68.639 356.477 Total 375,361 375,361 362.960 Exnditre on haritable aCtIvleS Insurance Telephone- administration Membership fee- The Abbeyfield Sooety Stationery. printing and postage Conforenc8s & training Routine Maintenara Majoi repairs expenditure Ernployee costs ousekeeping costs Rates Healing & lighting Computing 8XP8nse$ Sundry expenses D8pr8¢iation . fix1us. fit*ing5 & equipment D8prooab"on buildings Inderdent Ex3tninerfs- fee Indewni¥8nt Examinerfs- other servi¢es Legal & prof8ssional fees 4207 1,279 363 360 2.963 8.959 5,207 1,279 363 360 2.963 8.959 0,117 205.934 37,489 1,687 18.762 2,945 18.677 66 12,783 1,890 1.146 4,399 6.784 1,091 525 515 2.227 11.826 11,742 192,274 33.749 2.102 12.504 4.084 16.866 78 12.307 1.902 1.146 5.386 6.117 205.934 37,489 1.887 18,782 2.945 18,677 12,783 1.890 1.146 Total 312.126 18,900 331.026 317,108 Not Incorn8llExp¢ndltur• 63,235 116.9001 44,335 45.852 rronsfers 12.13.14 Net mwm•nt In funds 63.235 118,9001 44,335 45.852 R¢¢onciliatlon of funds Total funds brought folward 182,864 285,666 186.508 655.038 609,186 Total fvndg fAffièd forward 246.099 285,666 167.608 699,373 655,038 The stal8rn8nt of financSal activi118s indudas all gains an¢ losses r8(x)gnised in the year.
THE ABBEYFIELD STIRLING SOCIETY LIMITED Balance Sheet as at 31 December 2025 Notgs 2025 2024 Flxed assets Tangible assets 391,842 380.886 Current assets Debtors Cash al bank and in hand 10 4,860 307,482 312,342 4,401 274.886 279,287 Creditors: amounts falllng due wlthln one year 11 14,799} 15.123) Net current assets 307,543 274,164 699,385 655.050 Capital and reseNes Called up share capital Capital reserve Designated reserves Revenue reserve 12 13 14 15 12 285.666 12 285,666 167,608 246,099 186,508 182.864 413.707 369.372 Shareholdgrs. funds 16 699.385 655,050 The directors a¢knOedge their responsibilities for complyng with the reqtjirements of the Co- operative and Community Benefit Societies Act 2014 with respect to accounting records and the prep8ralion of accounts. The acwunts including an been prepared and delivered in accordance wlh the Charities SORP FRS102 isions de for small charities under Bulletin 1. L4)& airperso Janet O'Hara Treasurer- Ajan Pollock Approved by the executive committee on 8th May 2026
THE ABBEYFIELD STIRLING SOCIEfi LIMITED Notes to the Accounts for the year ended 31 December 2025 Status of soclety The society is registered under the Coryoperative and Community 8enefit Societies Act 2014 Iregislered number 1868R IS)}and is an exempt chartty INumber SC010551 }- The society is a private company limited by shares and incorporated in Scotland. The regISted office is a12a King Street, Sliding FK8 1BA. The society is wholly engaged in very sheltered housing. Accounting policies 2.1 General Tha principal accounting policies of the society are sel out in the following su¶graphs. 2.2 Accountlng basls The financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Ch8rities= Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 {effective 1 January 20151 Charities SORP IFRS 1021. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 and the Co•operative and Communty Benefit Societies Act 2014. 2.3 Tumover Tumover ¢omprises rental and service income receivable. 2.4 Flxed assets. housing land & buildings Housing land and buildings are stated al cost. The cost of properties 15 their purchase price together wlh incidentsl costs of acquisition including interest payable. Interest payable is capitalised by applying the socielvs cost of boTrowing to expenditure during the construction of the property up lo date of practical completion. Housing properties in the course of construction are ststed at cost and are transferred into housing properties when completed. 2.5 Depre¢iatlon 2.5.1 Housing land & buildings SHG assisted schemes 11) Depreciation is provided on the cost of freehold buildings- lil) For th8t portion of the cost financed by borrowings or from the sociells own or other charitable resources, a charge is made for depreciation on buildings al 20A per annum. 2.5.2 Flxtures, flttlngs & equipment Depreciation is charged on the reducing balance basis al 15Yo per annum. 2.5.3 General A full year's depreciation charge is made on fixed assets in the year that th8 asset is brought into use and no charge is made in the year of disposal.
THE ABBEYFIELD STIRLING SOCIETY LIMITED Notes to the Accounts for the year ended 31 December 2025 2.6 Soclal Housing grant and capltal reseNe Previously, where developments have been financed wholly, Of partly, by a Social Housing Grant ISHGI. the net book value of those developments has been reduced by the 8mounl of the grant receivable which is shown separately in Ihe balance sheet. Provision was made for repayment of SHG where the property is expected lo b8 sold in the foreseeable future SHG in respect of housing properties in the course of conslruclton received in advarkce of gxpectation is shown as a current liabilbty. In accordance with the reporting requirements of Charities SORP IFRS 1021 the Social Housing Grant has been transferred lo a capital reserve. This resetve is not being depleted as the grant is fully repayable on the sale of the property and has been fully reinstated in the year. 2.7 Flxed assets, flxtures. flttlngs & equlpment Assets donated to the society are not included in the balance sheel.. other assets are included at cost. 2.8 Future cyclical & major repairs The society manages only very sheltered housing and thus there is no contribution from Rent Surplus Fund to major repairs. It is the execL¢tive committee's opinion that amounts will be req¢Jired for fvture cyclical and major repairs in the medium and long term and therefore amounts previously set aside as provisions have been carried to designated reserves INolg 141. Amounts similar to those providgd in previous years will continue to be sel aside as reserves in future years. The amounts so sel aside are based on the society's obligation lo carry out such works on a continuing basis for the future cyclical maintenance and major repairs of its property. based on planned programmes of works for whith SHG will not be claimed. 2.9 Allocatlon of expenses Expenses are allocated lo management, repairs and service costs on the basis of the proportion of lime or other relevant factors allributable lo these activities. 2.10 Monetary donations & general charltable reserve Monetary donations to the society are credited lo the income and expenditure account on a receipts basis. and balances unspent are transferred annually to the Major Repairs Reserve. 2.11 Corporation tax & VA T The society has charitable status and is exempt from Corporalion Tax on the income it has received. The society is not registered for VAT. Accordingly no VAT is charged to residents, and expenditure in the income and expenditure account includes the relevant VAT. 2.12 Interest rocgipts Interest is recognised in the accounts when il is received. 10
THE ABBEYFIELD STIRLING SOCIETY LIMITED Notes to the Accounts for the year ended 31 December 2025 Operating surplus 2025 2024 This is stated after charging- Oepreeiation of owned fixed assets Independent Examiner's- fee Independent Examiner's - other services Travel expenses & sundry reimbursements paid to 1 officer of the society who was not an employee 12,849 1,900 1,146 12,385 1,800 1,146 116 Income & expenditure from lettings 2025 2024 Income from lettlngs Rent receivable net of idenlffiable services charges Gross rents receivable Less.. losses arising from vacancies & absences Net rents receivable 297.408 297.408 13,1031 294,305 290,449 290,449 {2,6111 287,838 Total income from lettings 294,305 287,838 Expenditure on letting actlvities Services Management Routine maintenance 216,986 16.461 8,959 162,386 18,430 11,826 Total expenditure on lettings 242.406 192,642 Operating surplus onlgtting actlvities 51,899 95.196 Income and 8xp8nditure from care provsion 2025 2024 Income from ¢are provision In-house care Other income 71,510 68,639 50 Total income from care provision 71,510 68,689 Expenditure on care provisio Care staff costs 69.720 100,417 Total expenditure on care provision 69.720 100,417 Operatlng surplus on caro provision 1,790 31,728
THE ABBEYFIELD STIRLING SOCIETY LIMITED Notes to the Accounts for the year ended 31 December 2025 Vacancy loss 2025 2024 Residents, charges lost through vacancies and absences 3,103 2,611 Housing stock 2025 2024 Units under development 2025 2024 Units in management Very sheltered housing - number of bed spaces 12 12 12 12 Employee costs 2025 2024 Wages and salaries Social security costs Other pension costs 190,078 10,306 5,550 205,934 177,917 4,973 192,274 No employees were paid more than £60,000. Full time Part-tirne Number of èmployees durlng the year 11 Avorage number of employees during the year IFTE) 12
THE ABBEYFIELD STIRLING SOCIE LIMITED Notes to the Accounts for the year ended 31 December 2025 Tanglble fixed assets Freehold land and bulldlngs Fixtures, fittings & equlpment Total Cost At 1 January 2025 Additions 615,374 23,805 639,179 33,935 649,309 23,805 673,114 At 31 December 2025 33,935 Depreclatlon Al 1 January 2025 Charge for the year At 31 December 2025 234,928 12.783 247,711 33.495 66 268,423 12,849 281,272 33,561 Net book value At 31 December 2025 391.468 374 391,842 Al 31 December 2024 380,446 440 380,886 Freehold land and buildings= SHG assisted schemes Cosl-completed schemes Depreciat cost Capital reserve At 31 December2025 391,468 1285,6661 105,802 Al 31 December 2024 94,780 10 Oebtors 2025 2024 Prepayments 4,860 4.401 11 Credltors: amounts falling due withln one year 2025 2024 Accruals 4,799 5,123 13
THE ABBEYFIELD STIRLING SOCIETY LIMITED Notes to the Accounts for the yoar ended 31 December 2025 12 Share capital 2025 No 2024 No 2025 2024 Allotted, called up and fulty paid.. Ordinary shares of £1 each 12 12 12 12 13 Capital r0$0rvg 2025 2024 Al 1 January 285.666 285.666 At 31 December 285,666 285.666 The Capital reserve represents the Social Housing Grant which is repayable on the sale of the propety- It is a restricted reserve. 14 Designated reserves General charitable reserve Major repairs reserve 2025 2024 Al 1 January Income & expgnditure - costs incurred Income & expenditure - transfers 94,780 91,728 186.508 180,557 112.7831 16,1171 118.9001 124,049) 30,0(Y) 81.997 85,611 167,608 186,508 The balance on the general charitable reserve comprises fvnds received from Abbeield Headquarters when the society was founded and also a transfer in 1995 from the major repairs reserve. The balance at 31 December 2025 represents the value of properties nel of depreciation and grants. 15 Revenue reserve 202S 2024 At l January Surplus for the financial year Transfer to designated reserves 882.864 63,235 142,963 69,901 130,000} At 31 December 246.099 182,864 14
THE ABBEYFIELD STIRLING SOCIETY LIMITED Notes to the Accounts for tho year ended 31 Docember 2025 16 Reconciliation of movam8nt in shareholdors, funds 2025 2024 Al 1 January Surplus for the financial year 655.050 44,335 609,198 45,852 At 31 December 699,385 655,050 17 Comparatlves for the Statemgnl of Flnancial Actlvltles Revenue Reserve Capitsl Reserve Deslgnated Reserves 2024 Tolal Income from: Donations and legacies Investments - Interest receivable Charltable activities Income from lettings In-house care 50 6,433 6.433 287.838 68.639 287,838 68,639 Total 362,960 362.960 Expendituro on: Charitable activities 293,059 24,049 317,108 Total 293,059 24,049 317,108 Net incomel{expendlture} 69.901 124,049) 45,852 Transfers (30.000} 30,000 Net movement in funds 39,901 5,951 45,852 Ra¢on¢iliation of funds: Total funds brought forward 142,963 285,666 180,557 609,186 Total funds carried fonyard 182,864 285,666 186,508 655,038 15
THE ABBEYFIELD STIRLING SOCIETY LIMITED Notes lo the Accounts for the year ended 31 December 2025 Prgsgntstion Gurrgncy The financial statements are presented in Slerfing. 19 Rolated parties During the year no expenses were paid to the Treasurer. 20 Principal plate of business The address of the companys princip81 place of business and registered Offi ig.. 17 Ajlan Park Stirling FK8 2QG 16