CANINE CONCERN SCOTLAND TRUST Scottish Charity SCO14924
REPORT AND ACCOUNTS
FOR
YEAR ENDED 31 DECEMBER 2025
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CANINE CONCERN SCOTLAND TRUST Scottish Charity No $C014924 REPORT OF THE TRUSTEE FOR THE YEAR ENDED 31 DECEMBER 2025
PATRONS, TRUSTEES, ADVISERS AND MANAGEMENT
| Patrons: | MrRon Donachie |
|---|---|
| Ms Hannah Miley MBE | |
| Trustee ofCanine Concern | Canine Concern Scotland Trustee Limited |
| Scotland Trust | |
| Directors of | Mrs DianeWood MBE DIP RMS (Chair) |
| Canine Concern Scotland Trustee | Dr Stewart G Donald BVM&S,MRCVS |
| Limited (see page 5) | Mrs Janet Jones BComm PGCE |
| Mrs CaroleW Ledingham JP RGN | |
| Mr James Macdonald | |
| Mr | |
| Mrs Lynsey GThomson BSc (Hons) OT | |
| Mrs Nicola J ConnorBA (Appointed 10/05/2025) | |
| ChiefExecutive Officer | Ms Melanie Hughes BSc (Hons), PGCE |
| Secretary/Treasurer: | Mr Nicholas P Henley Price (Retired 31/12/2025) |
| Mrs Nicola J ConnorBA (Appointed 01/01/2026) | |
| Principal Address: | 81-85 Portland Street |
| Edinburgh | |
| EH6 4AY | |
| Tel: 0131 553 0034 | |
| e-mail: info@canineconcernscotland.org.uk | |
| website: www.therapet.org.uk | |
| Independent Examiner: | MrWilliamA S Gunn CA |
| Gibson McKerrell Burrows Limited | |
| 28 Rutland Square | |
| Edinburgh EH1 2BD | |
| Bankers: | Royal BankofScotland plc |
| 24 Douglas Street, | |
| Milngavie G62 6PB | |
| Solicitors: | Gillespie Macandrew LLP |
| 5 Atholl Crescent | |
| Edinburgh EH2 | |
| Investment Managers: | M&G Securities Limited |
| PO Box 9038 | |
| ChelmsfordCM992XF |
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CANINE CONCERN SCOTLAND TRUST Scottish Charity No $C014924 REPORT OF THE TRUSTEE FOR THE YEAR ENDED 31 DECEMBER 2025
The Trustee is pleased to present the report for the year ended 31 December 2025.
OBJECTIVES AND ACTIVITIES
Canine Concern Scotland Trust was established on 27 April 1988 by Declaration of Trust for educational and general welfare purposes and in particular for the following specific purposes:-
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(i) To provide an educational service to promote responsible dog ownership in Scotland. (ii) To further the role and the care of dogs in Scotland either directly or in co-operation with Government, Local Authorities, and other organisations, whether charitable or not, in Scotland.
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(iii) The establishment and management of a service to be known as the Therapet Service Scotland. To accept and organise volunteers and suitable dogs to visit hospitals, hospices, homes for the elderly, infirm, mentally, or physically disabled and any other appropriate institution or place in Scotland and to provide therapeutic help to patients and residents in such places.
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(iv) To promote or fund research into the therapeutic value of dogs to patients and residents in such places aforementioned.
ACHIEVEMENTS AND PERFORMANCE
THE THERAPET SERVICE
2025 was another successful year for our Therapet® Visiting Service. Our membership peaked at 1076 people, with 1056 Therapet dogs and 5 Therapet cats. We had 199 new members join us with 241 new Therapets registered. This is slightly lower than 2024 where we had 209 members with 255 Therapets, however, the attrition rate was more from dog ill health or death rather than members not returning, and our membership rose by around 50 people over 2024. Several of our volunteer coordinators ‘retired’ from their Area Representative roles this year and we have seen replacements in Moray, Orkney, and Perth & Kinross.
Demand for our visits has remained high with us continuing to provide free visits to over 600 care homes or nursing environments, most of the colleges and universities, over 100 schools, and many other environments. Although hard to attribute an exact number, we interact with and support around 20,000 people across Scotland annually. We continue to support other Third Sector organisations and individuals requiring support and have made some new connections this year that should develop into further visiting opportunities into 2026. Following on from discussions with the Crown Office and Procurator Fiscal Service in 2024, we ran some of our ‘PAWS Against Stress’® sessions for their teams and subsequently piloted providing support to children who are working with social services. This is an area we continue to develop into 2026.
The Scottish Fire & Rescue Service, Police Scotland, the Scottish Ambulance Service, the NHS and the Scottish Prison Service, amongst other organisations, continued to benefit from our visits.
Events across the country that we attended included our annual visits to ‘A Dog’s Day Out’ (Borders), Moy Show (Highland), ‘P in the Park’ (Midlothian), Scottish Kennel Club Championship Show (Edinburgh), and we again had volunteers sharing information on our work with children at The Kennel Club’s ‘Bark and Read’ stand at Crufts. We continued to support a number of third sector organisations and provide talks about the benefit of our visits to various community groups.
The Disclosure (Scotland) Act 2020 brought in significant changes in the processing of the Protection of Vulnerable Groups Scheme Memberships from April 2025. This meant significant changing of PCG certificates for many of our volunteers who visit regulated environments such as further education colleges where students aged 16-17 years are now classed as ‘children’. Although not a cost to the charity, this did require significant administration time.
We purchased a new marquee to support our work in the Aberdeenshire region, replaced our three office computers and two laptops to allow them to run the latest Microsoft Operating System, replaced our main printer/copier and purchased items for the office to allow our staff to work more comfortably.
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CANINE CONCERN SCOTLAND TRUST Scottish Charity No SC014924 REPORT OF THE TRUSTEE FOR THE YEAR ENDED 31 DECEMBER 2025
EDUCATION
Demand for visits to schools remained high throughout the year with waiting lists in several regions. 94 Therapets progressed to start working with children, which is an increase of 20 on 2024. The total number of dogs approved for working with children was around 380, which is again a rise on 2024. School visits have been either Reading with Dogs or support for additional learning needs and nurture groups and there are continues to be an interest in our ‘Children and Dogs’ educational programme. Some visits are a blend of all of this. We reviewed our policies for working with children this year, with an in-depth consideration of the best ways to set both Therapet and volunteer up for success when visiting school environments for the first time. This resulted in a change to our requirements for minimum visiting experience prior to working with children under the age of 16 years and stricter oversight of the type of visits provided by volunteers new to schools, with stricter risk assessments in areas where children with complex needs are present. Library visits were also popular during school holiday periods around the country.
As ever, the work that our volunteers and their wonderful Therapets undertake is instrumental to thousands of people across Scotland feeling happier in times of need. We thank them wholeheartedly for their commitment and dedication to their visits.
PATRONS
The Trustee Directors would like to thank Mr Ron Donachie and Ms Hannah Miley MBE for their role as patrons this year. They attended our annual award lunch in October, and both gave very heartfelt speeches about their relationships with their own family pets and how that led ultimately to their involvement with us.
INFORMATION TO MEMBERS
The Trustee’s Report and Accounts is made available to all members and the public via the Trust’s website. Printed copies are available on request. In addition, bulletins are sent to members regularly, as well as more frequent emails and social media posts, which keep them up to date with the work of the Trust. Other information, such as posters and leaflets, is issued on request. During the year numerous meetings via Zoom were held and many volunteers participated.
THE SCOTTISH PARLIAMENT
The Cross-Party Group on Animal Welfare, which includes representatives from many leading animal-related organisations and interested associations, is an excellent forum for the consideration of animal welfare matters. Mr Stewart Donald is the Trust’s delegate and attends those meetings which particularly affect the Trust’s interests. The Trust continues to make detailed responses to proposed legislation and draft regulations affecting animals, and dogs in particular.
THE SCOTTISH KENNEL CLUB
The Trustee Directors would like to record thanks to The Scottish Kennel Club for allowing the Trust free stand space at their Championship Shows. The stand enables the Trust's representatives to meet or keep in touch with members and those who need advice or information on the work carried out by the Trust. The Trust looks forward to continued co-operation with The Scottish Kennel Club over matters of mutual concern.
ANNUAL AWARDS
The Trust’s special awards were presented at a Luncheon, held at the Keavil House Hotel, Crossford, Dunfermline on the 25" October 2025.
The Spencer Award for Therapet of the Year was made to Bonnie, a Malshi, owned by Dougie McConnell of East Kilbride. The Dr Morris Andrew & Daniel the Spaniel Memorial Quaich for the Therapet Organiser of the Year was presented to Mrs Allison Aspinall of Edinburgh for her role as Area Representative.
The lain Whyte Memorial Award was presented to The University of Edinburgh in recognition of their long relationship and support since our ‘PAWS Against Stress’® events began. It was accepted by Gail Reid, Assistant Director of the Student Counselling Service.
The Therapet Tess Leung Memorial Award for Volunteer of the Year was presented to Mrs Jacqueline Low of
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CANINE CONCERN SCOTLAND TRUST Scottish Charity No $C014924 REPORT OF THE TRUSTEE FOR THE YEAR ENDED 31 DECEMBER 2025
Fordoun, Laurencekirk, for supporting her Area Representative, assessing prospective Therapets, undertaking talks and visiting with her own dog.
LONG SERVICE AWARDS
These awards are made to members who have given continuous active service to the Trust for twenty years. The awards are in the form of engraved crystal vases. Although we have some members who have been with us for over 20 years, we did not have anyone in 2025 who had been actively contributing for 20 years and thus eligible for this award.
THE FATHER JIM PEAT AND MARJORIE HENLEY PRICE MEMORIAL MEDALS
The Medals are awarded to all Registered Therapets that have visited regularly for five years and ten years respectively.
FINANCIAL REVIEW
Financial Statements relating to the Trust for the year ended 31 December 2025 are attached to this report. The financial statements have been prepared in accordance with applicable accounting standards and in accordance with Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), the Charities and Trustees Investment (Scotland) Act 2005 and the Charites Accounts (Scotland) Regulations 2006 (as amended).
The financial position of the Trust remains sound. The net income before gains or losses on investments amounted to £95,121 (2024: net income - £29,496). When unrealised gains on investments are taken into account the net income for the year was £128,041 (2024 net income: £32,470). At the end of the year net assets amounted to £443,653 (2024: £315,612).
The main sources of income were:-
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(a) Donations - The Trustees would like to express their great appreciation to the many members, friends, and organisations who made generous donations of £47,618(2024: £43,098) to the Trust during the year.
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(b) Membership and Therapet Registration Fees — The fees received during the year were memberships of £8,986 (2024: £8,786) and Therapet fees of £1,170 (2024: £1,200).
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(c) Legacies — An additional distribution of £116 (2024: £30,483) was received during the year from the estate of Miss K E H Brownlie. A final distribution, of an amount still to be determined, is expected in due course.
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(d) Fund Raising — During the year there were a number of fund raising events held which were organised by Area Representatives, members and friends which raised £2,097 (2024: £2,390).
(e) Grants - The Trust received grants totalling £238,300 (2024: £114,340) from 59(2024:66) Charities and Foundations. The Trustee wishes to record sincere thanks to all the Charities and Foundations that have given the Trust financial support.
INVESTMENT POLICY AND PERFORMANCE
The Trustee’s Investment Objectives are:
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e The Trustee intends that its medium to long term invested assets produce a high and growing income, and that the capital value be maintained and enhanced over the long term.
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e The income generated by the investments will be withdrawn by the Trustee to assist in meeting the expenditures of the Trust.
In 2015 the Trustees decided to amend their strategy by increasing the amount of cash held in bank accounts and by investing in The Equities Investment Fund for Charities (“M&G Charifund”) which is managed by M&G owned Charities Investment Managers Limited. The reorganisation took place in August 2015 and £100,000 was invested in the M&G Charifund in August 2015. Subsequent additional amounts of £15,000, £25,000 and £50,000 have been invested in Charifund in October 2016, November 2023 and April 2024 respectively.
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CANINE CONCERN SCOTLAND TRUST Scottish Charity No SC014924 REPORT OF THE TRUSTEE FOR THE YEAR ENDED 31 DECEMBER 2025
The published performance of the M&G Charifund for the period 1 January 2024 to 31°* December 2024 was:
| M&G Charifund | FTSE All Share | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Total return in period | 24.59% | 9.02% | 24.02% | 9.47% |
| Incomeyieldat31December | 5.47% | 6.11% | 3.16% | 3.59% |
The dividend income received during the year was £12,912 (2024 - £11,159) (Investment income per the Accounts includes bank interest of £1,314 (2024 - £1,836).
The Trustees are satisfied that, in spite of the continued volatility in investment market, the M&G Charifund continues to meet their investment objective of producing a high and growing income by maintaining a widely diversified portfolio of dividend paying stocks with the largest positions accounting for no more than 5% of the fund’s value.
RISK MANAGEMENT
The Trustee has considered the major risks to which the Trust may be exposed and maintains a Risk and Controls Register, which is reviewed at each Trustee meeting. The Trustee is of the opinion that controls are in place which could reasonably be expected to mitigate the identified risks and thus protect the financial and reputational standing of the Trust.
RESERVES POLICY
Canine Concern Scotland Trust is a charity operated by paid staff and volunteers. It relies on funding being available to offset annual core support costs with one-off projects being financed by specific fund-raising. Given that the main income streams of grants and donations are uncertain in nature, the Trustee considers that unrestricted free reserves, equivalent to at least 25% of annual budgeted expenditure, should be maintained. In addition, cash reserves should be held which are equivalent to at least six months of annual budgeted expenditure.
Unrestricted reserves are defined as funds free from restriction and designation (including endowment funds) and excluding fixed assets. Cash Reserves are represented by bank and cash balances.
In arriving at this policy, the Trustee notes the availability of a significant investment portfolio, valued at £222,891 at 31 December 2025, which could be realised for cash in an emergency, and is budgeting for a deficit of £57,673 in the year to 31 December 2026.
As at 31 December 2025, total reserves amounted to £443,653 which is 161% of budgeted expenditure for the year to 31 December 2026. Bank and cash balances on that date amounted to £217,540 which is 79% of budgeted expenditure for 2026.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Declaration of Trust was submitted to the Inland Revenue Claims Branch in Edinburgh for approval as a Charitable Trust. Approval was granted on 20 July 1988 under reference ED347/88/PLB. The Trust is Scottish Charity No SC014924. Supplementary Deeds of Amendment, dealing with changes to the operation and structure of the Trust, were executed by Trustees in 1999, 2008, 2014, 2015 and 2020. The Trust is managed in accordance with the provisions of the Fifth Supplementary Trust Deed dated 24" April 2020.
TRUSTEE
Following detailed consultation with the Trust’s legal advisers it was resolved that a limited liability company should be established with the intention of appointing it to replace individual Trustees as the sole Trustee of the Trust. Canine Concern Scotland Trustee Limited, Scottish Company No 658596 was registered on 31 March 2020.
By Deed of Assumption and Conveyance and Resignation dated 13 June 2020 Canine Concern Scotland Trustee Limited was assumed as a Trustee of Canine Concern Scotland Trust and the individual Trustees resigned.
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CANINE CONCERN SCOTLAND TRUST Scottish Charity No SC014924 REPORT OF THE TRUSTEE FOR THE YEAR ENDED 31 DECEMBER 2025
The following Committees are in place:
Title Chairman Finance and Fundraising MrlASim Operations Dr S G Donald
Each Committee has its own Terms of Reference.
TRUSTEE DIRECTORS
Mrs N J Connor was appointed a director on 10 May 2025
ADVISERS
During the year, there were no changes in Advisers
REFERENCE AND ADMINISTRATION INFORMATION
Details of the Trustee Directors, Officers and Advisers are provided on page 1. The day-to-day management and administration of the Trust is delegated to Chief Executive Officer, Ms M Hughes, who is assisted by Administration Supervisor Mrs L H Bird and Administrators Mrs N Hill, Ms C Dryburgh and Ms C Jones
Mr N P Henley Price, who has served as Secretary and Treasurer in an honorary capacity since the establishment of the Trust in 1988, retired on 31%* December 2025. The Directors wish to express their thanks to Mr Henley Price for his significant service to the Trust.
Trustee Director Mrs N J Connor was appointed Secretary on an honorary basis and Treasurer as an employee of the Trust with effect from 1 January 2026.
In October 2025, we were awarded a grant from The Pets Foundation which allowed us to employ an ‘Operations Manager’ on a two-year contract to support the increasing demands of the Area Representatives and reduce some of the organisational workload of the CEO. Interviews took place in December 2025 and Miss K Scott commenced employment in January 2026.
THERAPET HEALTH PROTOCOL
This outlines the minimum health expectations for a Therapet and was revised in 2024 with consideration of imported dogs.
THE DATA PROTECTION ACT
The Trust is registered in accordance with The Data Protection Act 2018, under Registration Number 26991897, for the purposes of Staff administration, Administration of Membership Records, Fundraising and Realising the Objectives of a Charitable Organisation. To facilitate the issue of the Annual Report and Accounts, Bulletins, and other appropriate information to members, the names and addresses of all members are held in the Trust's computer. Under no circumstances will information held in the computer regarding members be made available to a third party. Prior to 25" May 2018 the Trustees carried out a review of data held and processes to ensure compliance with the European General Data Protection Regulations. Privacy Notices were issued to Members and Employees and the Privacy Notice for members is displayed on the Trust’s website.
AREA AND THERAPET REPRESENTATIVES
The Trust is fortunate in having a number of Area and Therapet® Representatives spread throughout Scotland who, on a voluntary basis, carry out invaluable work on behalf of the Trust. Primarily they are responsible for the co-ordination of the Therapet® Service in their own areas, but they are also involved in the educational work of the Trust, give talks to interested organisations and carry out fundraising activities. Training meetings are held with the Representatives to review all aspects of the work of the Trust. During the year under review the meetings have primarily been held by video conference, although face to face meetings resumed. The Trustee is extremely grateful to all the Representatives for their commitment to the Trust.
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CANINE CONCERN SCOTLAND TRUST Scottish Charity No $C014924 REPORT OF THE TRUSTEE FOR THE YEAR ENDED 31 DECEMBER 2025
TRUSTEE’S RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS
The Trustee must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Trust during the financial year. The Trustee is responsible for keeping proper records which, on request, must reflect the financial position of the Trust at that time. This must be done to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 as amended. The Trustee is also responsible for safeguarding the assets of the Trust and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.
In accordance with the provisions of paragraph 12 of the Schedule to the Trust Deed dated 27 April 1988 the Trustee has prepared accounts for the year to 31 December 2025. Paragraph 12 also states that the Trustee may have the accounts audited by a Chartered Accountant or firm of Chartered Accountants. The Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 as amended allow that where a Charity's gross income is £500,000 or less, Charities may elect to have their accounts subject to audit or independent examination. After full consideration the Trustee concluded that the cost of a full professional audit would be disproportionate to the annual income of the Trust and that an independent examination of the accounts should be carried out each year.
Signed on behalf of the Trustee on 21 March 2026
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Signed al | Trustee Director
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CANINE CONCERN SCOTLAND TRUST Scottish Charity No SC014924 REPORT OF THE TRUSTEE FOR THE YEAR ENDED 31 DECEMBER 2025
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEE OF CANINE CONCERN SCOTLAND TRUST
| report on the accounts of the charity for the year ended 31°t December 2025 which are set out on pages 9 to 15
Respective Responsibility of the Trustee and Examiner
The charity’s Trustee is 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 (Scotland) Regulations 2006 as amended. The charity’s Trustee considers that the audit requirement of Regulation 10(1)(a) to (c ) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required 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 Charities Accounts (Scotland) Regulations 2006 as amended. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, 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, | do not express an audit opinion on the view given by the accounts.
Independent Examiner’s Statement
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In the course of my examination, no matter has come to my attention
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which gives me reasonable cause to believe that in any material respect the requirements:
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e to keep accounting records in accordance with Section 44(1) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
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e to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or
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2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:Wu ag _27 March2026 William A S Gunn , Chartered Accounta
Gibson McKerrell Burrows Limited
28 Rutland Square Edinburgh EH1 2BD
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CANINE CONCERN SCOTLAND TRUST YEAR ENDED 31 DECEMBER 2025 STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | Restricted | Total | Unrestricted | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | |||
| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | |||
| Notes | £ | £ | £ | £ | £ | £ | ||
| Income from: | ||||||||
| Donations and Legacies | 8 | 50,768 | ) | 50,768 | 77,125 | 0 | 77,425 | |
| Charitable Activities | 9 | 14,067 | 0 | 14,067 | 12,095 | 0 | 12,095 | |
| Grants receivable | 10 | 78,300 | 160,000 | 238,300 | 99,990 | 14,350 | 114,340 | |
| OtherTrading Activities | 11 | 4,167 | 0 | 4,167 | 4,053 | 0 | 4,053 | |
| Investment income Total Income |
13,507 0 13,507 12,995 0 12,995 eee atSa a rtchan 160,810 160,000 320,809 206,258 14,350 220,608 a aa a |
|||||||
| Expenditure on: | ||||||||
| Raising Funds | 12 | 22,362 | 0 | 22,362 | 21,305 | 0 | 21,305 | |
| Charitable Activities Total Expenditure |
13 | 179,073 a 201,435 |
24,254 203,327 da 24,254 225,689 |
155,213 176,518 |
14,594 ti 14,594 |
169,807 teth 191,112 |
||
| Sees | ||||||||
| Net Income/(Expenditure) before | ||||||||
| gains and losses on Investment | (40,625) | 135,746 | 95,121 | 29,740 | (244) | 29,496 | ||
| Net gains/(losses) on investments | 32,920 | 0 | 32,920 | 2,974 | 0 | 2,974 | ||
| Net income/(expenditure) | = SS (7,705) 135,746 128,041 32,714 (244) 32,470 |
|||||||
| Netmovement in fund above | (7,705) | 135,746 | 128,041 | 32,714 | (244) | 32,470 | ||
| Total fund brought forward Total fundcarriedforward |
314,273 ia 306,568 |
1,339 137,085 |
315,612 281,559 ee 443,653 314,273 |
1,583 1,339 |
283,142 315,612 |
Support costs have not been separately identified as the Trustee Directors consider all the activities of the Trust are inter-related and apply to charitable activities generally.
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CANINE CONCERN SCOTLAND TRUST YEAR ENDED 31 DECEMBER 2025
BALANCE SHEET
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 2025 | 2025 | 2025 | 2024 | ||
| Note | £ | £ | £ | £ | |
| Fixed Assets | |||||
| Tangible Fixed Assets | 4 | 2,448 | 4,695 | 7,143 | 3,969 |
| Investments | 5 | 222,891 | 0 | 222,891 | 189,971 |
| Total Fixed Assets | 225,339 | 4,695 | 230,034 | 193,940 | |
| Current Assets | |||||
| Debtors | 6 | 3,741 | 0 | 3,741 | 4,482 |
| Bank and Cash | 85,150 | 132,390 | 217,540 | 122,138 | |
| Total Current Assets | 88,891 | 132,390 | 221,281 | 126,620 | |
| Current Liabilities | |||||
| Falling due within one year | |||||
| Creditors | 7 | 7,662 | 0 | 7,662 | 4,948 |
| Net CurrentAssets | 81,229 | 132,390 | 213,619 | 121,672 | |
| NetAssets | 306,568 | 137,085 | 443,653 | 315,612 | |
| The Funds ofthe Charity: | |||||
| Unrestricted Income Fund | 306,568 | i¢) | 306,568 | 314,273 | |
| Restricted Income Fund | 0 | 137,085 | 137,085 | 1,339 | |
| TotalFund | 306,568 | 137,085 | 443,653 | 315,612 |
Approved by the Trustee on 21 March 2026 and signed on its behalf by:
Director
irector
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1 GENERAL INFORMATION
The charity is a public benefit entity and a registered charity in Scotland and is unincoporated, The address of the principal office is 81-85 Portland Street, Edinburgh, EH6 4AY.
2 STATEMENT OF COMPLIANCE
These finanical statements have been prepared in complaince with FRS 102, 'The Financial Reporting Standard
applicable in the UK and the Republic of Ireland', Accounting and Reporting by Charties: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to charties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), (Charities SORP (FRS 102), the Companies Act 2006 and the Charities and Trustee Investment (Scotland) Act 2005 and the Charity Accounts (Scotland) Regulations 2006 ( as amended). The charity constitutes a public benefit entity as defined by FRS 102.
3 ACCOUNTING POLICIES
Basis of prepartion
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through income or expenditure.
Going Concern
The Trustee considers that there are no material uncertainties about the Trust's ability to continue as a going concern
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires the trustee to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events and are believed to be reasonable under the circumstances.
Depreciation Policy
Fixed Assets are depreciated over their anticipated useful lives on a straight line basis at 15% of cost with the exception of trophies which are retained at their original cost.
Tangible Assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated
depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated depreciation and subsequent accumulated impairment losses.
Investments
Fixed assets investments are stated at market value at the date of the Accounts. Unrealised gains and losses represent the difference between the market value at the beginning and end of the financial year or, if purchased during the year, the difference between. cost and market value at the end of the year. Realised gains and losses represent the difference between the proceeds of disposal and the market value at the start of the year or cost if purchased during the year.
Financial instruments
A financial asset or a financial liabillity is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related
transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
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Current assets and current liablities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Funds structure
Unrestricted funds comprise of those funds which the Trustee is free to use for any purpose in futhererance of the charitable objects.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor. Expenditure which meets these criteria is charged to the fund. Tog
Further details of each fund are disclosed in note 17.
Income recognition
All income is recognised once the Trust has entitlement to the income, there is sufficient certainty or receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably.
Expenditure Allocation
Where possible expenditure has been charged to directly to charitable expenditure or cost of raising funds.
Pensions
Employees of the charity are entitled to join a defined contribution scheme. The Trust's contribution is restricted to the amounts disclosed in note 11. There were no outstanding costs at the year end.
Grants
Grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
| 4 | TANGIBLE FIXED ASSETS | 2025 | 2024 | |
|---|---|---|---|---|
| Cost | £ | £ | ||
| At 1January | 17,744 | 17,004 | sea | |
| Disposals | (1,650) | (1,298) | : | |
| Additions | 4,971 | 2,038 | ||
| At 31 December | 21,065 | 17,744 | ||
| Depreciation | ||||
| At 1January | 13,775 | 14,008 | ||
| (1,394) | (1,298) | |||
| Charge for year | 1,541 | 1,065 | ||
| At 31 December | 13,922 | 13,775 | ||
| Net Book Value | ||||
| At 31 December | 7,143 | 3,969 | ||
| 5 | INVESTMENTS | 2025 | 2024 | |
| £ | £ | |||
| At 1 January | 189,971 | 136,997 | ||
| Additions | 0 | 50,000 | ||
| Disposals at market value | 0 | 0 | ||
| Unrealised Gain/(Loss) | 32,920 | 2,974 | ||
| At31December | 222,891 | 189,971 |
Investments noted above are funds invested in M&G Charifund units.
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| 2025 | 2024 | |||||||
|---|---|---|---|---|---|---|---|---|
| £ | £ | |||||||
| 6 | DEBTORS | |||||||
| Prepayments and other debtors | 2,193 | 3,827 | ||||||
| Gift Aid Tax Claim | 1,548 | 655 | ||||||
| 3,741 | 4,482 | |||||||
| 7 | CREDITORS | |||||||
| Accruals | 7,662 | 4,948 | ||||||
| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | |||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
| £ | £ | £ | £ | £ | £ | |||
| 8 | INCOME FROM DONATIONS & LEGACIES | |||||||
| Gift Aid Tax | 3,034 | 0 | 3,034 | 3,545 | 0 | 3,545 | ||
| Legacies | 116 | 0 | 116 | 30,483 | 0 | 30,483 | ||
| Donations | 47,618 | 0 | 47,618 | 43,098 | 0 | 43,098 | ||
| 50,768 | 0 | 50,768 | 77,125 | 0 | 77,125 | |||
| 9 | INCOME FROM CHARITABLE ACTIVITIES | |||||||
| Memberships | 8,986 | 0 | 8,986 | 8,786 | 0 | 8,786 | ||
| Promotional goods | 3,911 | 0 | 3,911 | 2,109 | 0 | 2,109 | ||
| Therapet registrations | 1,170 | 0 | 1,170 | 1,200 | i¢) | 1,200 | ||
| 14,067 | 0 | 14,067 | 12,095 | 0 | 12,095 | |||
| 10 | INCOME FROM GRANTS | |||||||
| Charities & Foundations |
78,300 | 160,000 | 238,300 | 99,990 | 14,350 | 114,340 | ||
| Government | 0 | 0 | 0 | 0 | 0 | 0 | ||
| 78,300 | 0 | 238,300 | 99,990 | 14,350 | 114,340 | |||
| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | |||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
| £ | £ | £ | £ | £ | £ | |||
| 11 | INCOME FROM OTHER TRADING ACTIVITIES | |||||||
| Sponsored and Other Events | 2,097 | 0 | 2,097 | 2,390 | ie) | 2,390 | ||
| Misc Income | 0 | 0 | 0 | 5 | 0 | 5 | ||
| Meetings | 2,070 | 0 | 2,070 | 1,658 | 0 | 1,658 | ||
| 4,167 | 0 | 4,167 | 4,053 | 0 | 4,053 | |||
| 12 | EXPENDITURE ON RAISING FUNDS | |||||||
| Fund raising activities | 22,362 | 0 | 22,362 | 21,305 | 0 | 21,305 | ||
| 22,362 | 0 | 22,362 | 21,305 | 0 | 21,305 |
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| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| 13 | EXPENDITURE ON CHARITABLE | ACTIVITIES | |||||
| Area Rep Expenses | 3,407 | (0) | 3,407 | 1,969 | 0 | 1,969 | |
| Purchase of Promotional Goods | 9,750 | 0 | 9,750 | 2,519 | ie) | 2,519 | |
| TherapetScheme | 20,823 | 0 | 20,823 | 10,007 | i¢) | 10,007 | |
| Travel | 2,971 | 0 | 2,971 | 3,719 | 0 | 3,719 | |
| Advertising | 1,352 | 352 | 1,704 | 5,163 | 2,400 | 7,563 | |
| Office Rent & Rates | 6,000 | 0 | 6,000 | 5,500 | 0 | 5,500 | |
| Salaries, NIC, Pensions | 115,073 | 21,194 | 136,267 | 106,267 | 11,950 | 118,217 | |
| Payroll Fees | 840 | 0 | 840 | 450 | 0 | 450 | |
| Postages | 5,050 | 0 | 5,050 | 3,495 | 0 | 3,495 | |
| Printing, Stationery | 901 | 1,209 | 2,110 | 4,024 | 0 | 4,024 | |
| Computer Costs | 2,211 | 540 | 2,751 | 2,414 | 0 | 2,414 | |
| Insurance | 3,675 | 0 | 3,675 | 3,424 | 0 | 3,424 | |
| Depreciation | 582 | 959 | 1,541 | 821 | 244 | 1,065 | |
| Fees & Grants refunded | 1,000 | 0 | 1,000 | 51 | 0 | 51 | |
| Independent Examiner's Fees | 1,568 | 0 | 1,568 | 1,600 | 0 | 1,600 | |
| New Website | 0 | 0 | 0 | 0 | 0 | 0 | |
| Meeting Costs | 2,704 | 0 | 2,704 | 2,376 | 0 | 2,376 | |
| Repairs & Renewals | 30 | 0 | 30 | 353 | 0 | 353 | |
| Bank Charges | 148 | 0 | 148 | 133 | 0 | 133 | |
| Data Protection Fee | 47 | 0 | 47 | 35 | 0 | 35 | |
| Trade Mark Fees | 0 | 0 | 0 | 340 | 0 | 340 | |
| Loss on sale of fixed assets | 256 | 0 | 256 | 0 | 0 | 0 | |
| Sundries | 685 | 0 | 685 | 553 | 0 | 553 | |
| 179,073 | 24,254 | 203,327 | 155,213 | 14,594 | 169,807 | ||
| 14 | STAFF COSTS | ||||||
| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | ||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| Salaries | 123,436 | 0 | 123,436 | 93,770 | 11,950 | 105,720 | |
| Employers National Insurance | 3,612 | 0 | 3,612 | 4,568 | 0 | 4,568 | |
| Pension Payments | 9,219 | 0 | 9,219 | 7,929 | ie) | 7,929 | |
| 136,267 | ie) | 136,267 | 106,267 | 11,950 | 118,217 |
The number of staff members during the year on the basis of head count was 5 (2024 - 4).
15 TRUSTEE DIRECTOR'S REMUNERATION AND RELATED PARTY TRANSACTIONS
None of the Trustee Directors have received, or are due to receive, any remuneration for the year, directly or indirectly, from the Trust's funds but total travel expenses of £1,396 (2024: £1,463) were reimbursed. Other than the above, no Director, or a person related to a Director, had any personal interest in any contract or transaction entered into by the charity during this nor the preceding year. During the year, a total of £1,140 (2024: £630) was donated to the Trust by the Directors.
16 VOLUNTEERS
The Trust benefits from the contribution made by volunteers who give their time willingly. The areas of the Trust's work which benefit are several but they include the many Therapet owners who visit regularly and Area Representatives who co-ordinate activities throughout Scotland.
Mr N P Henley Price provided his considerable services on a voluntary basis.
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17 ANALYSIS OF CHARITABLE FUNDS
| At | Investment | At | ||||
|---|---|---|---|---|---|---|
| 01.01.25 | Income | Expenditure | Gains/(Losses) | Transfer | 31.12.25 | |
| £ | £ | £ | £ | £ | £ | |
| Restricted Funds | ||||||
| Educational Film | 71 | 71 | ||||
| Trust forvarious projects | 10,000 | (2,816) | 7,184 | |||
| Marquee | 1,268 | (244) | 1,024 | |||
| Staffing | 138,550 | (9,744) | 128,806 | |||
| Grants with area restrictions | 11,450 | (11,450) | ||||
| 1,339 | 160,000 | (24,254) | 137,085 | |||
| Unrestricted Funds | 314,273 | 160,810 | (201,435) | 32,920 | 306,568 | |
| Total funds | 315,612 | 320,810 | (225,689) | 32,920 | 443,653 | |
| At | Investment | At | ||||
| 01.01.24 | Income | Expenditure | Gains/(Losses) | Transfer | 31.12.24 | |
| £ | £ | £ | £ | £ | £ | |
| Restricted Funds | ||||||
| Educational Film | 71 | 71 | ||||
| Marquee | 1,512 | (244) | 1,268 | |||
| Advertising | 2,400 | (2,400) | ||||
| Grants with area restrictions | 11,950 | (11,950) | ||||
| 1,583 | 14,350 | (14,594) | 1,339 | |||
| Unrestricted Funds | 281,559 | 206,258 | (176,518) | 2,974 | 314,273 | |
| Totalfunds | 283,142 | 220,608 | (191,112) | 2,974 | 315,612 |
Unrestricted funds are available to spend for any purposes of the trust.
Restricted Funds:
Staffing:
Trust for various projects: Educational Film Fund: Grants with area restrictions: Marquee Fund: Advertising Fund:
Grant received to fund staffing
Grant received from a trust to fund both capital and revenue expenditure Grants received to make and promote an educational film.
Grants received where the award is to be spent in a specific area. Grant received to contribute to cost of marquee for promotional events. Grant received to assist advertising with banners etc.
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16 Analysis of Net Assets Among Funds
| 2025 | 2025 | 2025 | |
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| £ | £ | £ | |
| Tangible Fixed Assets | 2,448 | 4,695 | 7,143 |
| Investments | 222,891 | 222,891 | |
| Current Assets | 88,891 | 132,390 | 221,281 |
| Current Liabilities | (7,662) | (7,662) | |
| NetAssetsat31Dec2025 | 306,568 | 137,085 | 443,653 |
| 2024 | 2024 | 2024 | |
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| £ | £ | £ | |
| Tangible Fixed Assets | 3,077 | 892 | 3,969 |
| Investments | 189,971 | 189,971 | |
| Current Assets | 126,173 | 447 | 126,620 |
| Current Liabilities | (4,948) | (4,948) | |
| NetAssetsat31Dec2024 | 314,273 | 1,339 | 315,612 |
16