REGISTERED CHARITY NUMBER: SC 015512 ort of the Trustees and Unaudited Finwrjcigl St tcmonts for the Year Endtd 30th November 2025 Dumfries & Lockerbie A ricultur*l Farries Kirk & Mcvtan Dutnfrils EnlLrpritse PaTk Htaihhall Dumfrie5 DUMF'IIIF.S8141RE
Du]nfri & Lotkerbié A Societ Con¢¢nt5 of th¢ Fin4nri81 Stat ments for the Year Ended 30th Novemb r 202 Poge Report of tht Trustet8 Independent Exmintr'5 Report Statement of F1th2ncll AdlvltSes Balanf e Sheet Not¢$ to the Finsntijl Stattments
Dumfries & Lockerbie A Socic ricultur#l ort of the Trustees for the Year Ended 30th November 2025 The tru5te¢s pre5eDt their report with the financial slatEments of thc charity for the year ended Joih Nov¢tnb¢r 2025. The trustees havt adopttd the provisions of Accounting and Reporiing by Charities.. Siaiement of Recommended Practice applicabl¢ to charitie5 pr¢p2rin8 Iheir accounts in atcordani¢ wilh th¢ Financial R¢porting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191 OBJECTIVES AND AcfiviTIES Objectives The objectlVC5 of the Socicty are the advancement of agriculture, horticulture and all Tural industries including the irnprovemcnt of stock and crop5, the PToniotion of indusirial tnterprise and generally all arts with whi¢h agriculture and the Tural populaiion is connected. ACHIEVEPlENTS AYD PERFORMANCE Review of Developments, Activities and A¢hievements Th¢ w¢&ther (UT the 2025 Show was ideal with long sunny days in lh¢ run up and on Show day leading lo a successful gnd w¢ll attended show. This the fiTSt show for our new secretary. Julie Wight, who has 5eltl¢d vy well inio the role and wt musi thank her for all lier hard work. IITe tnusl a150 thank all thc various commiticcs and Tommy McLean and hi5 ieam for their ¢fforts in preparing for th¢ Show and dismantling aftcrwards. Having the B¢ef Shorthorn National Show, Bcltrx Scotland National Show and the Scottish Ryeland Group National Show resulied in an increased livestock entry, and our Main Ring Entertaintnent of comel racing and siunt rnororbikes ensured 8 large crowd watching. W¢ had an ex¢ell¢nt uptak¢ of Trade Stand space and our many exhibitors. We had a fantastic uptake of sponsorship opwrtunities and th&nks are due to all the individua15 and bu5in¢58 who supported us. Particular thanks musi go 10 the NFUI Mutual 2025 Agency Giving Fund for Iheir donation oC£7899 and their Sponsorship olour first ever Dumlrie8 Show Grand ChaTnpion. During the year w¢ had a busy programme of Fteld Let5 and wc ihank all th05¢ who used the field, and to J Bell and Sons, D Waison ontraciors and Totntny Maclean for IheiT Wotk in tnainiaining the lield. On Ihe back of a successful year. the TTuMees have purchased additional catile hurdles and sheep penning in advance of the 2026 Show and have prepared a lisl of pot¢nlial iTnprovements lo the field which will help to maximize our lets and Improve facilities on Showday. I would also like 10 thank Vice Chairman Allan Sornmerville, Treasurer David Rowe and all th¢ Dir¢rlors and ¢otnmiltee members for ih¢ir haTd work over the last ycar. We all look foTwaTd lo a successful show in Augu 2026. STRUCTURE. GOVERNANCE AND MANAGEMENT Goverthithg dotumertt The charity IS ¢OrttTolled by its goveTning do¢um¢DL the Cortslilution and Rul and is eonstiiuied as all unincorporated Scottish charit>'. Rcrruitrnent appointmcnt of Dirtrtors The charity is governed by a PresidenL 10 Senior Directors, 20 Elected Directors and 20 co-oprd Directors who are Tesponsible foT thc ovcrall policy and siraie8ic direciion of Ihe charity. The chariiy is orsanised so thai (he Direciors mtei regularly 10 manage its affairs. Th¢ Prt5id¢nl 15 notninated and appointed at the AGM for a maxirnum five year5. Senior DiTe¢tors ar¢ nominattd and elected at th¢ AGM for a maximum of five yeaT5. Senior Directors must be nominated from the Elecied Direclors.Elected Directors are nominated and elecied ai the AGM for a maximum of five y¢aTs. Co.opied directors are co-opted annually at the first Direciors Meing after the AGM. Direciors must be rnemb¢r8 of the Soctciy. REFERENCE AND ADMINISTRATIVE DETAILS Registertd Charity llutnber SC015512 Page I
Dumfrie5 & LtstlEerbit A Sotiet Re ort of the Trustees for the YeAr Ended Joth November 2025 Principwl addre9$ PumplabJrn farm Warnphray Moffai Dumfriesshire DG109NA Trustees PIca5¢ 5¢¢ page 13 for full list of trusices. Indtpendtnt Examiner Farries KiTk & Mcvean Dumfrics Enierprisc Park Heathhall Dumfi'ies DUMFRIESSHIRE DGI 3SJ BllnkeTS Bank of Scotland pl 91 High Streei Dumfi'ies Dumfrics & Galloway DGI 2BN Approved by order of the board of trus¢eKs on 12th February 2026 and signed on its behalf by.. Rowe- Truste¢ Page 2
lthde tkdent ExAminer's Re ort to the Trustees of Dumfries & Lockerbie A Soeiet I rrport on th¢ ac¢ounl$ for th¢ year cndcd 3h Novcmber 2025 5¢1 out on pag¢s fouT to t¢n. Respective responsibilities of trustees and examiner Thc charity'5 trustCC5 arc responsibl¢ for the pr¢parxtion of the atcounts in accordxnte wiih the temis of the Chariiits and TrLisiec Investment (Scotlandl Act 2005 and ihe Chariries Accounts (Scoilandl Rcgulation5 2006 las amended). The charity'5 tTUSt¢tS consider ihai the audit re4uiremeni ¢( Reguliilion 101 Illal 10 1¢) ofih¢ A¢counis Regulaiiorts does not apply. It is my responstbiliiy t¢ exatnine the accounts as required under Section 4411 Ilcl of the Act and lo state whether particular tnatters have cotne to tny attcntion. Basis of the independent examiner's report My ex8minaiion was caTri¢d out in arGordanc¢ WTth Regulation I l of the Charities A¢¢ounts IS¢otlandl Regulations 21M)6. An examination includes a Teview of the accounting records kept by the charity and e comparison of the accounts prestnttd with ihos¢ recoids. It also includes consideration of any unusual iiems 01 disclosures in Ihe accounts, and seekin8 explanations from you as trusiees concerning any such matters. Tlie proccdure5 undertakcn do not provide all the evidence ihat would b¢ required in an audit, and consequenily I do not express an audit opinion on lh¢ vi¢w given by the 8¢¢ounis. Independent examiner's stlltcrnent In connection with my ¢xaminaiion, no matter has come to my attention which gives me reasunablc cause 10 b¢licve ihal, irt any material respect, the requirements lo keep accounttng records in accordance with Seciion 44llllal of the 2005 Act and Regulation 4 of th¢ 2006 Arcounts Regulations., and 10 prepare accounts which accord with the accounting records and to comply with Rcgulation 8 of the 2006 Accounts Rtgulations have not bcen met: or {21 io which. in tny opinion, 8ti¢nlion Should be drawn in order to enable x propeT understsnding of the accounts 10 be rcached. Mr Rodney Palmer BA CA The Insiiiuie of Chartered Arrountants of Scotland Farries Kirk & Mcvean Dumfries Cnlerprise Park Hcathhall Durnlri¢s DUMFRIESSHTRE DGI 3SJ 12th rtbruary 2026 Page 3
ockerbie Sof let Statement of Fin4tncial Attivitiey for the Yea End d 30th November 2025 2025 Total funds 2024 Total funds Unresiricied lunds Restricted lunds Note5 INCOME AND ENDOWMENTS FROM Donations and legacies 181.565 181.565 150,492 Inve51rnent income Oiher income 31.283 31,283 29,225 6,202 Tot•1 212,848 212.848 185,919 EXPENDITURE ON Raising funds 177,356 177,356 186.736 NET INCOMEI(EXPENDITUREI 35,492 35,492 18171 RECONCILIATION OF FUNDS Total lunds brought fon¥ard 246,223 2.478 248,701 249.518 TOTAL FUNDS CARRIED FORWARD 281.715 2,478 284,193 248.701 The notes fomi part of these financial stat¢rT)ents PaEe 4
umfri s & Lockerbie Socie¢ Balance Sheet v¢m er 2025 2025 Total fund5 2024 Total funds Unrestricted funds R¢stri¢ied fund5 Note5 FIXED ASSETS Tangible 2sse 79.908 79.908 80,953 CLRRENT ASSETS Debtors Investments Cash at bank 10.994 10,994 8,321 104,399 55.690 192,016 2,478 194,494 203,010 2,478 205.488 168,410 CREDITORS Amounts falling due within one year 11,2031 11,2031 {662) NET CURRENT ASSETS 201.807 2,478 204,285 167,748 TOTAL ASSETS LESS CURRENT LIABILITIES 281,715 2,478 284.193 248.701 NET ASSETS 281,715 2.478 284,193 248.701 FUNDS 10 ure51r1¢1tJ funds Restricied funds 281,715 2,478 246,22.1 2.478 TOTAL FUNDS 284.193 248.701 The financial stalcmenrs wcre approv ehalf by.. by the Board of Trustecs and aulhorised for issue on 12th February 2026 and were signed o Rowe- Trustee The noi¢s form part of these financial staiemenls Pag¢ 5
Dumfries & Lockerbie A Societ ricultural Notes to the FinAn¢iAI StAtements or the Ye4r Ended 30th November Z025 ACCOUNTING POLICIES B•si$ of preparing the financial statements The financial staiements of the chariiy, which is a public benefit entily uiider FRS 102, have b¢¢n prepared in uccordance wilh th¢ Chariti¢s SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recornmend¢d Practice applicable io charitles prcparing Ihcir accounts in accordance with th¢ Financial R¢portTng Standard applicable in the UK and Republic of Ireland IFRS 1021 leffertiv¢ l January 20191,, Financial Reponing Standard 102'The Financial Reporiing Standard applicable ln ihe UK and Republic of Irtlartd, and Ihc Charilics and Trustee Invcsttn¢nt (Scotlandl Act 2005, The ftn8ncial staiemenis hav¢ been pr¢pwed undeT th¢ hisiorical cost convention. Incorne All income is recognised in the Siaicment of Financial Aciivilies once the charity has en¢iil¢rnent to the funds, Tt 1$ probable Ihai the income will LY received and the atnount C be m¢asur¢d reliably. Expcnditure Liabilities are recognised as expenditure as soon as there is a legal or conrClIve obligation commirting ihe chariry to ihat expenditure, il is probable that a tfdnsfer of ¢conotni¢ b¢n¢fit$ will b¢ r¢qUid in s¢ltlem¢nt and lh¢ atnounl of lh¢ obligaiion can bc measured rtliably. Expcndilure is accounlLd for on an accruals basis and has bccn classificd under h¢adinBs Ihat aggregaie all ¢osi Telaied 10 the ¢aiegory. Where Costs cannot be dire¢tly attribuied to parti¢uSfjr headings they have been allOted to activities on a basis consistent with the use of resources. Tangible fixed Assets Depreciaiion is provided ai the followirt8 annual rale$ in order io wri1# off ¢ach 81 ov¢r ils ¢$lim21ed useful lif¢, Frcchold Property Improvement5 10 property Plant, Machincry & Equipment 50/0 on ¢o$t 5°/0 QD ¢OSt IIW/o on reduiing balance TAXfttiot) The charity is exempt from on its chariiable aclivilies. Fund accounting Unrestricied funds can be used in a¢cordan¢¢ with Ihe ¢harTrtable objectives ai the discretitsn of the trusiees. Restricted funds can only be used foT parli¢ular TtSlrict¢d purp05e5 wiihin the objects of the charity. Rc51riction5 arisc when 5pecifi¢d by the donor or when funds are raised for particular restricted purposes. Further ¢xplanation of the natUTe and purposc of each fund 15 included in the notes io the financial sraiements. Pension costs and other p05t-retirement benefits The chariiy opcraics a defittcd coniribution pension s¢htrne. ContributlOD5 payablc to the ch4Titys pension 5chtm¢ are charg¢d ¢0 ihe Stat¢tn¢ni of Financial Activiiies in the period to which ihey relate. Financi&l instruments CAsh bank Cgth and bank compri5 c&5h on hand and funds held on desL(. Trade debtors Trade debtors are arnounls due from cusiomers for the provision of wrvices sold in Ihe ordinary ¢OUTSt of operations. Trade debtors are recogn15¢d initially at Ihc Iransaciiort price and represent the full value of the 5ervice5 charged to cusiomcrs. in¢luding any atnounts charged on for thii)d panics. Tr8de creditOT$ Trade CTediiors ar¢ obligations to pay for goods or rVIceS ihal have been acquircd in thc ordinary COUTse of business frorn suppliers. Accounts payable arc classificd as currcni liabililics if the company doe5 not have an unconditional righi, 21 the end of the r¢porting period. io defer 5etrlem¢nt of ihe creditor for at Iwt tweli'e tnonth5 aftcr tli¢ repontng dale. If there is an uncondiiional ri8ht io defer setilemeni for ai least twelve month5 after the reporting date th¢y arc PTesented as non ¢urr¢nt Pag¢ 6
Dumfrles & Lockerbie A Societ otes to tlke FinAncial Statements- CODtinued for th¢ Year Ended 30¢h Novtmber 202S INVESTMENT INCOME 2025 2024 Ground Rents RectÈved Deposil Aeeoijnt Interest 29.274 2,009 25.200 4.025 31.283 29.225 IL41SING FUNDS Roi5ing doDatlOn5 legaci 2025 2024 Suppori costs 177,356 186.736 TRUSTEES, REMUNERATION AND BENEFITS There were no trusiecs, remun¢Tation OT other benefits for th¢ year ended 30th November 2025 nor for the yeaT ended 30th Nuvimb¥r 2024. Trustees expense5 Th¢K were no trust¢¢s' exp¢ns¢5 paid for ihe year ended 30th November 2025 nor for the year cnd¢d 30th Nov¢tnbvr 2024. STAFF COSTS The average monthly number of eTnployee5 during the y¢or was as follows.. 2025 2024 Administration Siaff No employees received emoluments in exces5 Of £60,000. TANGIBLE FIXED ASSETS Improvements to property PlanL Machinery & Equipment rrethold Propeny Totals COST At l.4t l)e¢emb¢r ?024 Addiiions 17.096 65,251 28.468 7.650 210,815 7,650 At 30th November 2025 17.096 65,251 36.118 218,465 DEPRECIATION Ai 1st Decctnber 2024 ChaTge for year 90,613 645 9,681 6,385 19,568 1.665 129,862 8,695 AI 30th Nov¢mber 2025 91,258 26,Q66 21.233 138.557 NET BOOKVALUE AI 30th November 2025 25,838 39,185 14.885 79,908 AI 30th Nov¢mber 2024 26,483 45,570 8,900 80,953 Pag¢ 7
Dutn(rit$ & Lotktrble A Sv¢iet tht Fin*ntlAI StAtements continued for the Yelr Ended 30th November 2025 DEBTORS: AMOUiYTS FALLING DUE WITHIli ONE YEAR 2025 2024 Olhcr Debiors 10,994 8,321 CURRENT ASSET INVESTMENTS 2025 2024 Fixed Terrn Deposit 104.399 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Tr8d¢ ¢r¢ditor5 1.203 662 io. MOVEMENT IN FUNDS Net movement in fund5 Transfers between funds At 1.12.24 Ai 30.11.25 Unrestricted funds Generdl fund Developmeni Fund 16,347 129.876 35,947 14551 130,0001 30.000 122,294 159.421 246,223 J5.492 281,715 Rtttritted funds Special Donations 2.478 2.478 TOTAL FUNDS 248.701 35,492 284.193 Nct tnovemenl in funds. included in thc above art as follows.. Incoming T¢SOUT¢¢S Re50UT¢es expended Movement in funds Unrestricted funds GtDeral fund D¢vclopmeni Fund 212,848 1176,9011 14551 35,947 14551 212,848 1177,3561 35,492 TOTAL FUNDS 212,848 1177.3561 35.492 Page 8
f ker Soci¢l Notes to the Finantial Statements tontinued r the Year Ended 30th November 2025 10. MOVEMENT IN FUNDS- continued Ctsmpar•tives for mov¢Tn¢nt in funds At 1.12.23 movement in funds At 30.11.24 Unrestricted General fund Development Furtd 116.659 130.381 16.347 129,876 15051 247.040 1817} 246,223 Restri¢ted funds Special Donation$ 2.478 2.478 TOTAL FUNDS 249.518 248,701 CotnpaTattve net rnovement in hjnds, tncluded in the above 8re as follows.. Incorning rwurccs Re%ourres expend¢d Movemcni in fund5 Unrestricted funds Cicncfdl fund Del'elopment Fund 185.919 1186,2311 15051 15051 185,919 1186,7361 TOTAL FUNDS 185,919 1186,7361 1817} A current year 12 months and prior year 12 monihs combined po8iiion is as follows.. Nei rnovement in funds Transfer5 between funds At 1.12.23 Ai 30.11.25 UDTe$trtcted funds General fund D¢veloptn¢nl Fund 116,659 130,381 35,635 19601 130,WOI 30,000 122,294 159.421 247.040 34.675 281,715 Restrictcd fund5 Spccial Donations 2.478 2.478 TOTAL FUNDS 249,518 34,675 284,193 Page 9
Dumfries & L4ckerbi¢ A Socie Notes to the Finaneiol StatemeDts- cotin ror the Year EDded 30th November 2025 io. MOVEMENT IN FUNDS- tontinued A curreni year 12 months and Prior year 12 months combined tnovemenl in funds, included in the above arc as follow5.. Incoming r¢seuT¢C$ R¢sourc¢5 exp¢nd¢d Mo¥emeni in fund5 Unrestricted fund5 General fund D¢v¢loptnenl Fund 398.767 1363.1321 19601 35,635 1960) 398,767 1364.0921 34.675 TOTAL FUNDS 398.707 (364,0921 34,675 RELATED PARTY DISCLOSUR There were no related party transaciions for the y¢aT endcd 30th November 2025. 12. FUNDS Restricted Fund Special Donations The special donations fund Consists o(the following'.- Tom Edggr M¢morial Fund This is for ihc Tom Edgar Memorial Trophy ihat is presented io Ihe Holsieins £350 WilliAm Hodge Development Fun¢J This is for the William l.lodg¢ M¢tnorial Salv¢r which is rotsied between the horse* dairy ¢atile. beef cattle and 8he¢p. £1.108 J M Ron]¢ Awwrd This was given by Jock Rorne in memory of his father for th¢ J M Rome Trophy and any upkeep of it. £300 J Rus$tll Trust l-his was to give 2 prii¢s annually to long serving agrjcultural employe¢s and the reCipits were to be decided by the Nith5dale Agricultural Soci¢iy. Dutnfries & Lockerbie Agricultural Society look il over and Iht Directors dceided thai an award would be madc to any agricultuial worker who receives a RFIASS long servic¢ rnal and who Teside9 and works wiihin Ihe six parishes of Mid Nith5dalt i.e Durisdeer. Morton, Closebum. PenponL Tynron or Keir. £720 Pagc 10
DumfrSes & tAJektrbit A Societ rieultural Re ort of the Trustees For the Year Ended 30, November 2025 R Sirawhorn W Purdie A Somerville D Rowe Mrs K Dunlop R Kingan G Brough A Mcmillan Mrs K Webb A Moffat A Somerville R Barbour W Brown A Graham M Beattie Mrs C Hastings MTS C Anderson Mrs H Muirhead Miss A Dunlop B Austin Mrs l Mccreath K Henderson R Boyd J Stuart Mrs N Nichol Mrs S Hiddleston Mrs E Murray A Pettigrew Mis A Henderson Miss H Graham R Davidson J Wildman All the followlng were appointed at the AGM tsn 20th Mxreh 2025 Hayley Dick50n Amanda Bradshaw Carol Mair Hayley Nichol Gary Mccomiick Gillian Murray Colin McKinnon Alistar Davidson Jan Purdie Elspeth Puedie Barbara Mccubbin John mccu11h Keith Manin Anne Clark lan Burgoyne John Worthington Fiona Thorbum Isobell Keaning Roy Weir All the following retired at the AGM on 20th March 2025 l Macrory Page 13