Charlty reglstRlon number: SC012048
Hospitsl Radio Perth
known as
care￿Und R￿10
Annual RepM)rt and Flnandal Ststements
for the Year Ended 31 December 2025

Hospital Radio Perth
known as care￿Und Radio
Contents
RefererKe and P4JmlnlstTative Detslls
2to5
IT¥JeF￿fjent Exami￿$ Re
Ststsmert of ￿nar￿jaI PLtMtles
Balan￿ ￿t
Notes to Ihe ￿na￿la[ Statememts
ioto19

Hospital Radlo Perih
known as Caresound Radio
Reference and Administrative Detsils
Trustees
Steven Robb
John Watson, Chalmian
Peter Drurnmond-Hay
Corrado Mdla
Ajlce Watson
Carollne Ccoper
Ajlstalr Smlth
exander Murphy
Perth Royal Infirmary
Taymount Terrace
Peth
PHI INX
Prlndyl Offlc•
Charlty Reglstratlon Number SC012048

Hospital Radlo Perth
known as Caresound Radio
Trnstees. Report
The trust￿ present the annual reFQrt tcgether wlth the flnandal statements of the charity for the
year end&8 31 D￿rnt￿ 2025.
The flnanaal 5tstements have been prepartrj In accordance wlth the accounyng p)Ildes set out In
note I to the finanoal ststements arKI comply with the Charity's foundlng doaJmenL applicable law
and the Statement of RKommended Pratt]￿, "Accountlng and RewrtSng by tharities" applicable to
a)aribes p￿parirKj their accounts In accordan￿ with the Firk8noal Reporting Stsndard applicable in
the UK an¢J Republlc of Irdand IFRS102) (effectrve l January 2015).
The Asscdaljon, whlth is a r￿C￿niS￿￿ d￿rity in Scotland, is govemed by its con5titubon and njles.
The management of the Asscdation Is the resp)n%try'Sity of the Committ￿ memtrers who are elected
aTrJ co-opted under the temis of lthe consOtuVon.
The objects of the Organlsayon a￿ to entertaln by p￿dIr￿j a broadcasOrwJ s￿ce to hospltsls In
Perth and ￿nrO$s, and to Ca￿ homes Insittuttons and to:
Pl￿￿￿e programmes of Interest to Iwltsl pa￿ents a￿1 the elderly, ¢Jlsabled, infim, anxlous and
Isolated, .
PrO￿￿e a promotirrfJ mentsl and phwcal health, wellbelrfj and ￿)$￿ve ageirKJ.
Coorerate wlth other organlsations p￿dIng a slmllar se￿ce nayonalty and inttrnationalty.

Hoswtsl Radlo Perth
2025 was a year of prc4Jw for Ihe organiSab￿ as more n&¥ began tJoadcasttrKJ, and I
broadcasting (as opposed to aUt(￿nated broalcasbr¥J) again grew nNiiWIy.
Memberthp number5 0)ntin￿j to wlth the rethnt In admln arx1 tralning.
Programme spJnsor5hip has again i￿a￿l with rer￿WaI ty all ¥Kwrs and ts¥o new
supporters have been add8J.
There Is still the consideraL4e chal* of Lylrvjlro ts (￿janIsati1￿)'s Fdloes and gulddirEs
d(￿ments up to date and 9JbstsnUal w(¥k has carried wt the year. This rerrsains a
In prtyJre55.
Llalson the vartous brathes of NHS Tayside rwnains and re*V rdauonships b
d￿ebO￿l wth many Iwlth olarities arnl organi53tion&
Uaison woth care homes has 0)nts"n￿l the ¢yganlsation n(Mf troadcasts regularly tr)
30 care homes and a further 12 s￿ed h>J9rwJ c(￿n￿exe￿ In additim severdl rr*mbers rK)w ￿51t
me of the c3￿ fKynes wularty, arKI cdknt WLESts.
the year the cAganisati￿ has been pavirrfj way I￿r￿j a hjw tA)w￿ R4 radlo seM
to Perth Royal Infimwry arKI Murrdy Royal H(*. This ￿11 be an ewgve vlll requi
detailed dixusgon a￿1 auth)rity from OFC(X4. The ￿tsatIon LS tskn'rg time to en￿￿ that tt
ult is successfvS whilst remainiro wthin WeL
While xDal m&lia inttrxtion has I￿Tea5￿j mark£dty, organlsakn needs to how It
publioses its ser￿￿ both within PwAtals ￿Sew￿ aThJ this should be ajdressed in the ￿xt
Pur(hases of Itams from the 0￿￿1$at1￿.$ twe been limtta1 Lmjt Ste￿ and tethaps
refl￿ts tr* high cost of vlhiol are m* to ￿der.
The organisatK)n has bro&knst commentary from St Johnst[￿e hc*me game Sin￿ 199). The
relationship with the dub has ￿re from to strw aThl the Cryanisatic￿ is treated in
same way as the mainstream media.
C*r year the organis3tion markA NmemLLS s￿la1 &onts, ts most rthtrAe teirKJ a full day
broadcast from Perth HighlaTrJ Games a￿1 a crjmplete lyr￿(ta￿ of tre Perth 125 festival.
A ma))￿ty of the 0ryan1satiL￿ s M￿ts¥$, numerous gu&s were dellghtal to attend a 0￿C
cepoon In the spriry wtwe ￿ oryaniSab￿ was award8J ￿ ￿r￿j s Award For Voluntsry *Wi￿.
After an abs￿ of sÉveral years the ￿ganIsati￿ three entries for the Ho¥ital
Broathasting Association Awards. We were to be awarded a aTrJ a bmnTr award, whlle
Georgie Williams won the award for inrK)vakn in hc6ptsI broakasti

Hwitsl Radio Perth
known as Caresound Radio
Flnandal re¥ithv
Urtrrestrfcted FurK1s . the unre5trict8J fiJr*ts rekite to the f￿e reseNes of trE tharity. usey in tis thy
to day otwavon. The AssLvJatOon estimate5 that £1.5CKJ represents approxlmatdy 6 tTh)ntts minimum
malntaSnlrrfJ at least 6 rTr)rrttrts o￿atiC￿l is unr*icbJ Tesm are
£3,954 (2024: £5,789) at year e￿.
undertaken by tr* A$￿ati￿. The reStTitt￿ fiJTrts a￿ £9,115 (2024: £9.8J3) at the year end.
The charity does mt hold any invest
organlsaOon aIrf￿ to contlnLE forgiTr3 r￿atiO￿lp5 With health arKI
health surwrt groups to ￿able inf¢M￿j intue4irvJ health arml ¥￿Ir￿ broadcasbro.
The organisats.on WOII Contin￿ to vth t￿Varts obtsiniry a smaS1 scale FM rèjio licer6e that will
enable tradibcfftal radlo rWiLm at trKth Perth Royal Infirnary and Mwray Royal HOS￿1.
The oryjan1sa￿on ￿11 C￿tin[￿ ￿ e￿￿rage firther (are 1KM￿s to take part in w ore home request
The organlsatlon VAII work wlth NHS Tayyde variou5 fiJThlers to estat4ish Ihe feasitrflty of, orKJ
eventsjalty instsll dlsablal ttylet fJilibes in th￿r premis
The cryanis31ion I￿11 ojrrtfnue to tre NatiC￿al Hosptsl Wio Awanls as a Trthrts of ttKcvraging
excdlence and [rn￿ng the tr￿rity.
The cryanisaoon will Contin￿ tD re¥￿ arKI its rKA#ies guKleiires dc¢J
The ¢xganisation vrill continue to e>4)aThJ its livè broètsJrvJ hours arKI will c¢Ittin￿ to wcffk towards
a daily live breakfast programrrE.
organisation t(Mard5 a iEtter sc*ial n￿JIa ar￿ other mettrKxl5.

H(witsl Radio Perth
known as Care￿und Radio
The annual repMNt was a￿r0￿fj the tjitsts of ttE charity ￿ 20 May 2026 aTrJ ￿g￿ell on Its
behalf by:
Joh
Wats
Trustee

Hospital Radio Perth
l(nown as Caresound Radio
ststement of Trustees, Responsibilities
The trustees are re￿r&ble kryarirKJ Tru4eg Annu￿ ReExNt arKt the flnandal ststements in
)rdan￿ wtth the ￿m￿ntir9 StsTrJard5 (Untsj Gewally Accepted
knourstiro Practi￿) applicaLle law ar*J rejukitiors.
law apFlicaUe tu thar￿e5 ￿UireS to ￿￿epa￿ firwr#il Statern￿ for eath finaTrJal
year whidi gNe a a￿1 fair vieH of the state of affairs of ￿ tharity of the Ino)mlrrfJ
resourts and aOKabon of rv3oUr￿ of the dwty ts tst perirjj. In preparfry finan(ial
ststements,the trust￿ are required to:
. obseNe ttE nEitrL¥ts arvj ￿T¥j[￿e5 In tr* Charttyes 9)RP:
' State whether applOcaL4e Kwntir¥J sLandarts have L*en folto5￿, ty to arry material
departures d19Jos&J and exFlair￿ in lthe finarKial ststemats. arKJ
. prepare the ftnanrial Stotwn￿ts gSrKJ bas unkn ￿ Is Inapprowate to presume
that lthe chadty wlll COntir￿ in ￿1r*s%
The trust*s are reS￿rrible for ke4Th.￿J KrountirrfJ reoxds that di9Jose with reasonab
accuraLy at ary tirre t￿ firkirKial t￿￿On of tharity aTrJ enable thgn tt) ensure that the fina￿al
ststements compty the tharibes arKI TnJ5tee I￿￿ent (￿tta￿l) Act 2005, the thartbes
£counts (￿otIaTr￿) Regulakns 20(￿ (a5 pwgons of the Tnjst Deed. The
trustees are also safeguardiry the assets Lrf the tharity aThJ her￿e for ￿￿T¥j

Hospltsl Radio Perth
known as Caresound Radio
Independent Examlner's Report to the trustees of Hospital Radlo Perth
I rermjt on the accounts of the tharfty for the year ended 31 Decemt*r 2025 whlch are set out on
pages 8 to 19.
Respecdve r￿￿n11b1IItIrf of trustw and •xamln¢r
The thartvs trustees a￿ re5pMJnslbie the kyeparauon of the accounts In accordance wlth the
tems of the Charityes and Trustee Invesbnent (Scoljarxl) Act 2005 and the Charfues Accounts
(kndand) Regulations 2006. The thartty's trustees conlder that the audlt requlrement of Regulatlon
10{l)(a) to (c) of the 2006 Accounts Regulaljons dces not apply. It Is my resFonslblllty to examlne
the accounts as requlre(1 under Secyon 44(1)(c) of the kt and to state whether Pa￿cUlar matters
have come to my attentlon.
Ba•ls of Indep￿dent •x•mln•V• r•port
My examlnauon was cathed out In accordance wlth Regulauon 11 of the Chartues Accounts (Scotlandl
Reguladons 2006. An ejamlnatyon Indudes a r￿eW of the aco)untyng records kept by the tharlty and
a compartson of the accounts presentsd wlth records. It also Indudes Considera￿On of any
unusual Items or d49Josu￿ In the accounts, and se￿dng explanatyons from you as trustees
concemlng any such matters. The proceAures undertaken do rK)t p￿￿de all the e￿den￿ that would
be requ1￿ In an a￿s1¢ and consequenty I do mt exp￿$5 an audlt oplnlon ¢)n the vlew glven by the
accounts.
Independent examIne￿5 statemwt
In connecdon wlth my examlnatron, no matter has come to my atten￿On.
(l)whlth glves me reasoroble cause to belleve that In any matertal ￿Fect the Nulrements:
• to keep accountlng r￿rdS In accordance wlth Sethon 44(1)(a) of the 2005 Art and RegulaUon
4 of the 2006 Accounts Regulayons; and
• to p￿pare accounts whlch accord wlth the aco)unYng records and compty wlth RegulatSon 8 of
the 2006 Accounts Regulauons
have not been met; or
(2)to whlch, In my oplnlon, attenljon shcwld be drawn In order to enable a proper uThlerstaTrJlng of
the
to be reached.
Peter YourKJ. B.K, C.
Instttute of 0$arte￿ Accou
nts of Su)tland
Morris & Y(NJng
Chartered Accountsnts
6 Atholl cre￿nt
Perth
PHI 51N
20 May 2026
Page 7

Hospltal Radio Perth
known as Caresound Radio
Statement of Finanaal Activities for the Year Ended 31 December 2025
Total
2025
Total
2024
Income and Endow￿ from:
tkniations and legaoes
Other tr)Jlng a(￿￿tIeS
Totsl Incon
2,490
2,490
9,265
Raisng funds
Charitsble activtues
(186)
(186)
(50)
Totsl expendibjre
Net movement In
(1,835)
{688)
(2,523)
4,505
ReconaliatSon of funds
Totsl fiJThJs brought forward
Total fiJTrts carr1ed forward
io
Totsl
2024
fiinds
funds
Income and End¢)wments from:
[￿na￿onS and legades
Other tradlrrfj ￿￿VIve5
4,265
5,000
9,265
Total Income
Expendlture on:
RAisirKJ funds
Charttable aCtiV￿e5
(50)
(50)
Total pjpendltu
Net income
514
Net movement In fijnds
514
3,991
4,505
Recondllatlon of funds
Totsl fiJThJs brought fonvard
Totsl fvrKIs CaTried forward
io
l of the tharfvs acti￿ties derive from conljnulng opera￿onS durfng aix)ve tJ¥o periods.
The fiJnds breakdown for 2024 Is shown In note 10.
Page 8

Hospital Radio Perth
known as Caresound Radio
(Registratlon number: SC012048)
Balan￿ Sheet as at 31 December 2025
2025
2024
Flxed a8*ets
Tanglble assets
6,675
7,413
Current asmts
Cash at bank arKI In hand
Nrt •s•¢ts
Fund• of th• ¢h•rlty:
Rmirlcted Incom• fund•
9,115
9,803
Unre•trkted Income fund#
Unrestrlcted Income fvnds
Totsl fund•
The flnanclal statements on pages 8 to 19 were approved by the tr￿, and autr#)rts&J for IS￿ on
O May 2026 and Igned on thelr behalf ty:
n Watson
Trustee
Page 9

Hospitsl Radio Perth
known as Caresound Radio
Notss to the Financial Statements for the Year Ended 31 December 2025
l Accountlng polldes
57atsment of compllance
The finandal statements have txen prepared In ￿)llIan￿ vlth AccountirKJ and Re￿￿ng by
Charfttes.. Ststement of R￿0MMenda￿ Pracoce applIcat￿e to cywrities preparing their accounts in
acrordance wtth the ￿nan0a1 ReFQrtlng Standard appllcable in the UK and Republlc of Ireland (FR5
102) (effectlve l January 2015) (tharities SORP (FRS 102)), the ￿nanaal Reporttng Stsndard
applicable In the UK and Republic of IrdaThJ (FRS 102), the Charities and Trustee Invesbnent
(kntland) Act 2005 and the CharfUes Accounts (WarKI) Regulations 21J)6 (as amendgj).
Bas1$ of preparatlon
Hospltal Radlo Perth meets the definI￿on of a pU￿1C benefit e￿￿ty under FRS 102. Assets and
flabll1￿es a￿ iniYally recogn15aJ at hlstorical cost or transaction value unle55 Otherwise statèj in the
levant accountlng pdlq notes.
financial siatements a￿ kyesented In 5terllng (£} rounded to the nearest £1
Golng concern
The tnjstees cortsider that there are rKJ m*trial Ur￿e￿In￿e5 atKsut the ablllty to conljnue as
a golng cOn￿m.
Income and endowments
Voluntsry income induding donavons. gift5, lejades aThJ grants that p￿de core fvndlro or are of a
generdl nattjre is recognised when the charity has entlljement to the ir￿me, It Is probable that the
Income wlll be r￿1ve1￿ and the amount can te mea9Jred wlth suffioent reliabillty.
Donation5 arKi legacie5 are recognlsed on a recdvable basls when rttdpt Is pmbable and the amunt
can be rdiably measur&fj.
Grants a￿ recDJni58J when the tttarlty has an entitiement to the fu￿15 and ary cO￿lI￿On5 Ilnkal
the grants have b*n met. whe￿ perfo￿n￿ coThJifjons a￿ attached to the grant and a￿ yet to be
met, the income Is r&wJni5ed as a liabllity aThJ IndLKbJ on the balar￿e sheet as deftrred Income to
te rdea5ed.
Page 10

Hospital Radio Perth
known as Caresound Radio
Notes to the Financial Statements for the Year Ended 31 December 2025
Expendlture
JI wenditure Is recognlsed On￿ tr￿re Is a legal or construrtlve obligation to that expenditure, it IS
probable setdement Is r￿Uired and the amount can be measured reliably. Al c05t5 are all￿a￿j b)
the applicable expenditu￿ heading that aggregate similar costs to that category. Where costs cannot
be dirKdy attributeA to parts'cular headings they have been alIc￿t8￿ on a basls COn￿Stent wlth the
Use of resour￿, wlth central stsff costs allocat8J on the basis of tlme swt, and dep￿lation
tharges allocated on the tthon of the asseys use. Other supp)rt costs a￿ allcoted based on the
spread of staff cosis.
These a￿ costs inLiJrr&l In attracting voluntsry Income, the management of investhents and those
lr￿jrred in tradirvJ activities that raise fuThJs.
tharitsble expenditure comp¥lses t1￿ costs Irurred by the tharlty In the dellvery of Its aL￿￿treS
and services for bts benefiaaries. It i￿ludeS E4)th costs that can be allc¢3ted dlrecdy to SLKh acti￿￿'e$
and those costs of an indirect nature n￿&iry to yJpp)rt them.
Jpport costs Indude ￿ntral funthons and have been allctated to actI￿ty cost categories on a basis
consistsnt with the use of resources, f{￿ eXam￿e. allccatyng proFety costs ty fk￿r areas, or per
capita, staff costs by the time spent and other costs by their usage.
Tanglble flxed assets
Individual fixed assets a￿ initially at cos¢ less any subSequ￿t accumulated depredafjon
and subsequent acojmulated impairment10sses.
Depredatlon and amortlsation
Depreaation is provided on tsThJible fixej assets so as to write off the cost ￿ valuation, Itss any
estmat8J re&dual value, over their exFected u5efiJl eLorv3mic life as follows:
Depredadon method and rate
IS% reJudrvJ balan
15% redudrrfJ balan
PAdio Equipment et£
Furni￿￿, Fittings & equipment
Cash and cash equlvalents
Cash and cash equivalents CC￿priSe cash on hand and call deposits, and other short-tem high
Ilquld investments that are readily convertible to a known amount of cash and are subject to an
Inslgnificant risk of change in value.
Page 11

Hospital Radio Perth
known as Car£sound Radio
Notes to the Financial Statements for the Year Ended 31 December 2025
Fund structure
Unrestricted ir(ome funds are general fijnds that a￿ avallable for use at the trustees's dI$￿￿on In
furtheran￿ of the obJecbves of the chartty.
Resin'cted income fiJnds are those donated for use In a particular area or for sr*Jfic purposes, the
use of which Is rethcted to that area or purpose.
Page 12

Hospital Radio Perth
known as Caresound Radlo
Notes to the Flnanclal Ststements for the Year Ended 31 December 2025
2 Income from donatlon• and legado•
Unrestslcted
fund$
General
2024
fund•
Gener41
Tot41
2025
fund*
2024
T¢)tsl
2024
DonaUons and legades;
Donayorts from IrK11￿duaIs
Le9acles
Grants, IndLKllr¥J capltal grants;
Grants from tharltles
2,4SYI
2,4
3,265
1,000
3,265
3 Incom• from other tradlng acilvltl••
Totsl
2025
Totsl
2024
Tradlng Income;
Sales of gcojs and sem
Page 13

Hospital Radio Perth
known as Caresound Radio
Notes to the Financial Statements for the Year Ended 31 December 2025
4 Amlysls of support costs
Other rewurcm expended
fund•
Totsl
2025
funds
[r￿urar￿e
Repalrs and maIntena￿e
PAoadcastlThJ expenses
9JThJry
Depredatlon
412
412
388
1,850
401
1,850
401
Page 14

Hospital Radio Perth
known as Giresound Radio
Notss to the Financial Statements for the Year Ended 31 December 2025
5 fi¢t Incomlngloutgoing resources
Net {outgolro}Ilncomlry resour￿ for the year IrKlude:
2025
2024
Depwation of fixed assets
6 TNstees remuneratlon and expenses
During the year the tharfty mbje Ihe folk)wlng transacdons wlth tsustees:
John Watson
£Nil (2024: £118) of expenses were relmbursed to John Watson dut1rrfJ the year.
C4xrado Mella
£186 (2024: £916) of expenses We￿ ￿1mbUr$&j to Corr7th Mdla duriro the year.
EX[￿Se5 reimburseJJ were regarding merthandlse
trust￿, nor any per￿n$ o)nnecied than, have received any remuneration from the tharity
during the year.
No trustees have recelwj any other benefits from the chartty du￿ng the year.
Page 15

Hospital Radio Perth
known as Caresound Radio
Notes to the Finandal Ststements for the Year Ended 31 December 2025
7 Taxation
The chartty Is a reglstsred tha￿ty and Is therefore exempt from tayAtion.
8 Tanglble flxed assels
Furnltur¢
Other
and
tangible
equlpment r￿ed asset Totsl
At l January 2025
Addl￿On5
16,893
270
44.785
61,678
At 31 December 2025
At l January 2025
Charge ts tre year
At 31 December 2025
15,620
38,645
54.265
Net book value
At 31 D￿mber 2025
At 31 D￿em￿ 2024
9 Cash and cash ¢qulvalents
2025
2024
Cash at bank
Page 16

Hospital Radio Perth
known as Caresound Radio
Notss to the financial Ststements for the Year Ended 31 De￿mber 2025
IOFunds
Balanc¢ •t I
J•nuary
2025
Balanc¢ at
Incomlng Resourc•• 31 Deumber
2025
Unrestrttt
(4,325)
3,9S4
stL¥Jio refurbishment
Instsllat5on of alr cOndIt￿rnJ
Gannothy Tntst
PKC. Whole Famlty W￿￿1
Fund
Calmcmss Tnjst
(368)
(39)
(171)
2,515
523
967
562
1,138
220
(iio)
iio
Total fvnd•
Page 17

Hospital Radio Perth
known as Care50und Radio
Notss to the Finanaal Statements for the Year Ended 31 December 2025
B•l•n¢• •t i
January
2024
Balance It
Incoming Resources 31 December
2024
UntEthtt
5,275
4￿59
{3￿5)
Studio refU￿oIshMert
In5Lallation of air CO￿litIOn1rwj
GanrKoly Tn
PKC- Whcle Famity Wdbeirvj
Fund
3,315
(432)
(46)
(201)
1.339
1,138
550
(330)
220
Total funds
Page 18

Hospltsl Radlo Perth
known as Caresound Radio
Notss to the Financial Statements for the Year Ended 31 December 2025
The S￿fiC purw5es for whith trt a￿ to be appl￿￿ a￿ as ftlltybs:
The restdcted rdatlro to tre 9￿1￿) arose dcmwljons from varlous
OrganIsa￿On5 to enatAe the upgrade of e￿$tirrfJ sknjlo aTh1 equlwienL The Is r#)w held to
The restrfrted fu￿1 relatyrwJ to the IrstsllatlC￿ of tr* alr CO￿On1r￿j unlt arose from doThiYons to
enable the Instsllatlon of the alr coThJltbonlrKJ unlL The fvThd Is rw)w to o)w the a￿t value of
the unlL
The mw recd¥*ed fr(￿ Tr G￿r£￿ty TnLSt was for vatlous supF4les arKI a car￿l
recAveAI frcrfn PKC was Lrtlllslrwj tKOadCasU￿ ¥%lthln the Ward of l>pJth
MLYW r￿e1Ved from PKC Whcle Famlly Welltelrq fvJrrtl was recdvej for a Laser Prlnter, Lamlnator
arKI assodateAI S￿rI￿1eS
)ver Murrny Rtyal Ho¥(rtal PRI
funds
Total funds
2025
fund•
TarWJI￿e fixal assets
Curnt assets
3293
661
6,675
Totsl rEt assets
funds
Total fund•
2024
fund$
TarKJtr￿e flxed assets
CU￿nt assets
7,413
Totsl r*t assets
P&Je 19