ST ANDREWS LEAGUE OF HOSPITAL FRIENDS
TRUSTEES, ANNUAL REPORT
AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
SCOTfisH CHARITY NUMBER: SC016084
Hender.son Black & C()
CIiArfTkKF.D..Iffnl K7 INTS. ST Ilxi)RI:￿£

ST ANDREWS LEAGUE OF HOSPITAL FRIENDS
Report and Flnan¢lal Statements
for the year ended28 February2026
Cont•nts
Pau•
Trust4•s' Annual ReF(Mt
Indgpgndent Examinrfs Rgwt to lh• Trusttss
Staternenl ol Finartial A￿￿11{91
8AIArt• Sh•et
Stat?n*nt of Cash
Notes lorming part ol thg FlnarKlal Statsmgrts
9- 11

ST ANDREWS LEAGUE OF HosprrAL FRIENDS
Trustees, Annual Report
lor the year ended 28 Febnwry2026
The trustees wesent th￿r annual rerx)t and linwal stateThnts of ts charty for the year 28
February 2026. The linanual staietnent5 have been piepared in acCUda￿e with the accounting w)lity•s
S81 out In note 1 to Ihe accounts aThJ compty wdh the charity's ¢onstrtution. the Charitles Accounts
(Scotlandl ReguPatKJns 2006 las amwKledl and AccounD"no aNJ Reyting by Ch8ritses'. Siaieft*ni of
RecoMme￿e£l Pradice aOica¢lg lo charil*S kYeparirNJ th￿r accounts In a¢cor¢Jaw with th8 Financial
Reports"ry StaNlard applKable in Ihe UK ol IrglarKI effeuiv6 from 1 January 2019 IFAS 1021.
Obl•ctlv•* and actl¥ll1￿ for th• publ1¢ ￿n•fIl
Objgclive and Main Purp05e'.
The aclvane¢ment of h8atth. aTh1 the r6li81 of those in need by reason ot ag8, ill hearth. di$ability. linar￿[al
hardship oi oth61 thsadvantage. To 5UFVOrt th8 woth ol th• IKWit￿ a￿1 oynmunrty hèalth 59ivKe5.
SupportiThJ ObieclNeS to the Main Purpose..
al To co-operate with Olher bodies IN the bgnefft of the cOmmL￿￿Y's hfrallh.,
bl To promoitr Publ￿ In18resl in the pat*nis staff ￿ Sl ATr$￿$ Community Ho$￿181.,
el To rKeive girts of all ￿"nds, I￿uding ckinatKl￿. *xies arnj •n(bJwments lor the tharKement of
the WO￿ of the s¢a8ty'
dl To VQVKle lund$ for oxtra eomlort¥ aTrJ arnenrt￿ for lh• patiènts and staff of the hoBpital.,
el To sUpp￿rt by Voluntary Serv￿￿ Iho work of thè Cornrnunity Medical and NursiNJ Stall based at
the ho$￿￿. ar#J any Olhor Hoallh Serv￿* ClinKs In Iho Ar•a'.
fl To wovid8 fuTrJ5 foi extra comforts and amwiti85 for Ihe paberrts a￿1 CoftynMIty Nursirvd Statt In
the Cornmunty-
The chwity fuflhers ts purkbxes Icw Ihe ben81it throuoh its o¥enls to raiso awareness ol nood8
ol the lo￿ hosp41al an¢1 lo ra$6 Io SUFpoq rts giani-rnakirKd which sgek to provide as much
bfrnel￿ as ￿$s1)le wosB t￿ ftye90irwJ wrposes.
Rovl•w ol Actlvltl•i •nd Aehb•v•mgn¢• •nd Futurn Pl•n•
This year Saw the ￿mple110n ol one ol our more s¢zeab18 to enhart• th• ènywonmwl in 3 of the
re¢Jealional r￿rn5 in ward l of the Cornmunity hoskmal. A¢*jit￿nallY. ￿ trx)ught a vitd swJn$ rnonitor f¢Y
ward l provided Chrisimas grfls for in-patignt$ In t>)th wards 1 2. A ngw ECG machino was
purchased lor us• in out-palienls arKI a 8pecwlisi camera lor usè by (Iwmaiobgy.
Our lund-raising aeiivities be￿1119(1 from our tr*)ok sales in lh& hospital lo￿1 and a e¢Ylection ai Morri50n'$
supermarkat. Unfortunately. Ihe honesty tx)x our th>Jk sab$ was t*okon into and we lost an unknown
surn ol lakings, Ihe t￿X has gir*e b88n replaced by a Subsiantid strowbDX. We did not hokj our usual
coffee morniro èécausg ol the ￿ ol suFp)rt in th• w$¥iou5 years.
Wè eontinue Io s88k new rr*mbers aThJ trusit85 to thal end hthl a sho%bt85è event in the hosptsl
foyer, this oaine(I some interesi nwbers to our organtsation. Wo fernain keen 10 racrult
more members al￿ tru$lg9S.
Our trust6•5 contr'nue lo rn￿t on a regular basis, ar¥J w8 had a SF*d1￿ meeting with Rathtws. our
inve8lmenl athiiws. Our Constlluthc￿ was at our AGM and an arnendrngnl made.
We ar8 W811 plar*d linwKialty to continue to rrwl wr tharrtatde otiaciN85. Ow cty*act wrth hosprtal stalf
is very ar￿ w8 er￿Urage them lo attend (￿r M￿ti￿￿.
Monltorln9 a¢hl•v•ment
The Iruslees have procedur85 lor mnitwing the Succe￿ of the actNities wh￿h res￿ from their 8V8ntS
and the grants they award by makj.ng regular vi%its ￿ th8 tao'liiw they help suFf￿rt and maintaining
contact wth staff aTrJ rnanageN*n¢ of tho lac11￿8s.

ST ANDREWS LEAGUE OF HOSPITAL FRIENDS
Twslee$' Annual Report
lor the year end8d28 FebRuary2026
Fln•n¢l•l revlew
In the y8ar ar￿8￿ 28 Fèbruary 2026 there was a net wease in fuNIs 01 £28,424 12025 - £16,871). Total
funds earned torward amountwl to £605,06712025. £576.6431 of £449,37612025 - £407,689) werg
Unrestr￿8￿ aTrJ £155,69112025- £168.9541 woro restrKtgd.
InvMtm•nt polley and p•rfomw
The charity consbtution all¢x5 thg tru5te8S to ffloke iwesbnents in wrth thg law of Scotland.
The inVest￿nt polw of Ihg trustees is lo lolknv a conservaiNe approach almed al a Tetum whh
low lo medium risk taking Into account the a(fv¢e ol their irN8Stmenl athisers.
ReMrv•* Pollcy
The trus189$ airn lo maintain 4 10v81 ol rns•N•s appropriate to Covgr g)mmitrn8nt5 #nd projeclod
expenses for a year ahead arbJ lo provth lor any un&xp&t*J 6¥poTrJilure. Reserves al the year 8nd
amounted to £605.06712025 - £576.6431 of whth £8,784 12025 - £8.2181 rs in [￿1 unr•stiti•d current
aSS¢ts which the trustees consbJw to be satislaclory loi Ihes• purwssos.
Al•k Manogomont
The truslees have assessed Ihe major risks lo whKh Ihe charity is oxp)s•d aTrJ foview Ihese annually.
The risk reviews conS￿er the F¥ocedur•s pl￿ to athyress aTrJ minimi¥e risks ar￿ Chang0$ aro
applied as appropriate.
The prI￿1paI r￿kS la¢od by the charty lie In Ihe F•rftymance of rts investments and op8ralional rsks Irom
irrfttoeiwe grani makiry as as the CBpacty of the charty to mak• effKINe 9rants or provth oth
akvopriale acli¥iti85 ITh pursurt ol Ih• eharita￿e obie¢bvgs t43n8fft. A lUrt￿*r risk is thè atsllty lo
r•eruit Irusi06S Wrth relw8nt skilb aTra exp8ri8r¢o.
Tho trus188S CCfi5id•r thè vanability of 1nves1ff￿nt retums Ifom ththr invesbrnntg to b8 Ihe eharty8 rnalor
linarKial r13k. This risk 15 miligalod by con$utting with 8XP8rt pyofess￿￿al adwser5 wlh eM￿rienCe in th•
eharity S•tior. Taking ￿0189$Pan￿ eonsthfaiion the Irusie8$ seek to maintsin their
investrnents lo provhle a pYèd*tabl• th8101 ir¢ome lo hglp su$lain thg pr￿r¥fflrne ol charitablB actwiti88
$èr¥ic•s.
Thè risk of in6ttectNe granl making IB addroswl by mathining clrA• cont￿t wtth offklals and pallents ol
the hospit81 other usèr groups.
Structur•, Go¥•M•n￿ and M•n•9wn•rrt
The charity is ars unirKorp)rat•J 45SrtiAtK*n. forn￿d by ConsbtutKw in 1986. revBed in Jung 2fy)1. 2019
and again in 2025 and 15 affilKat•d to Attend.
Tho charity 1$ adrnlnister•J the sup8rvY&in ol rts irusiees m••t at vari￿$ times Ihroughwt Ihe
year. T￿ day 10 day worfK is wt ty tl* Chawrnan. Seuethry Tr8a5uror.
The ehanty has prcoedures t￿ Ihe Indu￿￿￿ ol tru5teos wh￿h indudè iSSUMYd a pack with I•￿vant
informa￿on aior#J Y+th an intr(>Juctory rneb.ng exisfv"TrJ trustees.
R•crultm•nt ot tru#iw•
The tiustees are a￿ayS keen to r*n*t new trustsos have an ini•r6st ln Iha ol the charlty and
can contribute apprtyriaio skills.

ST ANDREWS LEAGUE OF HosprrAL FRIENDS
Trustees. Annual Report
for the year ended28 February 2026
Refer￿￿ jnd admlnl¥tratl¥g Inlormavon
ScoThsh Charity number..
SC016084
Addr9SS Ot Admin151ralI￿ Ofke..
9 Muir Garde￿. St Andrtrws, Flg. KY16 9NH
Trugtees and Offlcg
The Iruslees $8rying Ihroughout the year a￿1 ¥irKo the yew were a¥ loth)w8.'
Mr G. Watson
Mrs D. Scott
Mrs F. W¢hell
Mr B. IAcGowan
Chairman
VKe Cwr
S￿retary
Trts5ufef
Committee..
Mr M Ciesla
Mi J. Dwherty
Mis M. tk*naldson
Mrs. M. Dur
Mrs l. Gilmour
Df K. Graham
Mrs K. Hasti•
Dr G. Milng
Mr$ M. Pattersc¥)
Mr Fl. A. P818rs
Mrg M. Walson
Ideceasod Crtob8r 2tr251
lawJint•J Crtob8r 20251
(ap￿4￿d May 20251
{re8￿nerj June 20251
{ros￿￿trY May 20251
Prlnclyl B*nkor•
Bank of
Ind•p•nd•nt ExJrnln•r
Joanne Paul CA. Hend8r50n Black a Co. Chart*•J *£eountarts. Chestsw Houjg. 149 Markot Straet,
St Andrews, Frfe, KY16 9PF
Inv••tm•ni Advlsof•
Ralhbones Inve$imeni Manag*Mrt ￿Mited. G•xg8 H￿$•, 9) Georyje Sw•, Gliigw. G2 1EH

ST ANDREWS LEAGUE OF HosprrAL FRIENDS
Twstees, Annual Report
for the year ended 28 Febnmry 2026
TnJstees' respon$lbS1I11•9 kn r•latlon to the lTrn•nclal ststements
Th8 charity trustee5 are respon51b* fof preparing a trustees, annual repm and financi￿ stat8rnent5 in
accordance with appl￿0 law and Uniled ￿￿Jd0￿ P4xountirwa Slan(18rd$ IUTht•J Kingdom G8norally
Accepted AccounliTha PraclK81.
The law 8FpIKable to Charit￿ In Sco¥arn1 r8quiras the charity trtsste8$ to prgpare linancial 5tat8m8nis fDr
each year whKh gNe a true and I￿r vw* of the state ol attairs ol tha eharty and ol the ￿cOMe and
expenditure ol the charty lor that ForKxl. In pr8panr*J the h"narc￿ statem8nt$, the trustee5 ar8 requir￿ to-
sd8ct surtable accovnb.rrd pytios aThJ Ihen ¢¢￿￿Y them consthanty..
observe the rnethods Bnd pri[￿l￿e3 in the Charilies SOHP;
make jud￿ments art¢ esiima¢¢s thai are reasona￿9 prudent.
stats whether applKablB accaunfrF¥J slarxlar(Is have been rollo￿J. $￿i￿t to any miMrial
dopariures disc￿$0￿ and exrjained in Ihe linamal 5talemvnts',
wepare thg finarKial $tal8m*ts on the going CAlrtwn basis urfess rt is NhaFwpriato to Wg¥Urn
that th• charty will continue in operat￿.
Th• Iiuste•g are for kg¢F4ng rwds disdos8 With roa8onalAe
accuracy at any tirng the fInar￿1￿ pJsition of the tharty and to enable th8m lo en$urg that Ihg financial
8iaiem8nts comply with the Charitss aThY TIUBl￿ Inveslmenl Iscoiiandl Aei and the Chaiilies
A¢￿￿￿ts IScolaThdl R8gulaiiorts 2006 las am￿￿•d) and the provisionj ol the charty constitut￿N. Thay
Are abo le$pr￿91b19 lor 58feguardiryJ the assets ol Iho charty aThY 18asonable Steps 191 the
preVent￿n ard d•t•ction ol fraLLI aThY olher ifrngulari1￿.
Th• tnjstees are resw￿l￿e lor Ihg fflalnlonar￿ int•ority d th8 chaity anLI the financial inlormatKsn
IrKludgd on th• charity's websFte. Legk818tion in Ih? Unit&J ￿ngdoM go￿rnIng th• w#par&iion aThJ
diss•m¢naJon ol finandal statements may drffgr trom laois￿110￿ in Oih•r jurisdKihins.
AFyov•d ty th• trust0￿ aTrJ JIg￿d on t￿1r b8h&if by..
r G. Waison
Ch•lrm•n ol Tru¥leo•
D•1•:

ST ANDREWS LEAGUE OF HOSPITAL FRIENDS
Independent Examlnerfs Report lo the Trustees ot St Andrews League of Ho$pltal
Frlends
I rewrt on the accounts of th8 charity for Ihe year 8rthd 28 Fetsuary 2026 wlKh aro sei out on pag￿ 6
R01p•¢tl￿ Rospon•lbllllles of th• Trust￿ •NI Er•mSMr
Th8 charity's Irustsès are respjnsitje loi the preParat￿Tr of th8 aLxwnts in accordarKe with the terms ol
th6 Charit185 and Trustee Inv¢St￿nI (Scollandl Act ￿￿}5 ar*Y the Charities Accounts IScollarKII
Reguiqtions 2006 la5 The (*arity twste8s cowY8r that the d￿j11 requir¢menl ol Reguktion
1011llal 10 Icl of the Accouffls Awaulaibjrs does Th)1 arpty. 11 $ my ¥8SkKsn$ibilty ￿ 8xarnin8 th8 accounts
as required uTrJer secl&)n 4411llcl of thg kt ar#J to slai6 vthethgr parbcular matttrts hav8 COrnO to my
attention.
Thi¥ rewrt is rnad• to the Ill￿19￿. as a t¢*. in with th• tofms ol my ongagernnl. My work
has boen undertaken $0 that I miphl Slate lo the trusiee$ Ih)se matters l am required to stale lo them in an
iThJ8pend8nl examiner's rtsp)rt and for no othth wiposè. To the fullest extgnt Fermitt8d by law. I do not
arxepl or assurn¢ re8pon$its"lty lo anyonè oltw than the ¢*anty the trust¢g$ lor my ￿tk or lor this
répjrt.
Bosls of In*•nd•nt Ex*mln•rf• St•l•m•nt
My èxamination Is ¢8iiied (MJI In aecor¢JaKe ¥¥rth RegulatKJn 11 of the Charths Accounts Iscollandl
RequLqlion$ 2006 las arr*ndedl. An gxaminaiion i￿lL*ll$ a rewew of Ihe eLcouN￿9 records k8Pt by the
charity aThJ a compwison ol Ihe accounts pre58nted with Ihose T0￿y￿s. 11 also indudgs Cons￿0{alL)n ol
any unusual ilerns ot f1isdosure5 in the a￿OUnt$. aNJ s88k5 extyanal#)ns Irom tho Irusièes corK8rning
any such matters. Th8 proc8duies undertakèn do not provide all the Ihat would t¢ iequir&l in an
audit. and con58quenlty I do trxwe55 ￿ auth"I wnmjn on lh¥ Wi￿ givgn by thg aCC￿lMs.
Indwnd•ni ExarnlnoT'• St•l•m•ni
In the course ol my 8xaminaiion no rnatigr ha8 L•rn• lo niy attent1￿..
whKh gives me reawnaN• cau58 to t*lwg that in any maiorial rg$pect tho r&4uiramont5.'
to keep ￿coUnti￿￿ re¢￿)r￿S in acthdarK8 ￿1h SoCb￿ 44 11llal of the Aet aTr
Regula1￿1￿ 4 of the 2006 Amtnts RegukiiKJns, and
to prepa￿ a￿oUnts whth aecord wth thg a￿D￿n1•r￿d r￿rdS aThJ cornply with ReguLqtloTh
8 of the 20C6 Accounts Regulat￿¥ hwe r(*t t4•n [[￿t. or
2. 10 my wr*Jn, att•ntion bg in orthr to 8natA8 a ur#J•rntanrfing ol th•
a￿￿nig lo be r•ach•d.
Joanne P•ul CA
P•rtn•r
Hendefson Blxk & Co
¢hart•r8d Accounlonts
D•te: l. 7 210.
Ch¢gtney Hou#•
149 Marknl Stre•t
St Andr
Flle
KY16 9PF

ST ANDREWS LEAGUE OF HOSHTAL FRIENDS
ststement of Flnancl•l l¢tlvllle*
T¢
Totsl
FurAi
2021
Fund•
Donatlon¥
5.178
Othrrf•SfvJacTrth..
FLryknlwg e¢rivbt
IOPéS
12,199
TOW Inccffd•
Exp•ndiiur• iin..
3.159
20.014
31.ln
25.747
38.258
79ts1 •xwdllUM
N•t qlini on invejiwmffl
37,9$2
13.9J7
51.859
3&254
s,￿7
40.591
(12.31$)
424
35,924
{14,4S31
Tr4nAf•r• b•lw••n Iw￿%
918
18)
•1 In l¥nd•
41.
113.28•
424
118,4531
1&871
R•con¢llthlkn ql l¥nd¥:
1th 954
J72 36$
ID7
$59 772
Tgld lund1￿￿*d lorn4wd
Thg on pw 910 11 Icorn #t￿￿¥*.

ST ANDREWS LEAGUE OF HOSPITAL FRIENOS
B?l•ne• Sh￿1
as al 28 F•bn￿ry 2026
To
Funth Unrrtwki•d AMtrtElqd
2026
Fun
Fund¥
TotDI
Fund¥
202S
Funth
FyndB
InvB81mgn
440,592
1S5.*1
390,471
155,B43
555,414
Curr•Tht ••Mts
Cash at tyAnk INI h h•rKI
9.444
27,106
27,If
9.444
35,954
Ct•dllor•.' amount* f•lllno
wllhln on• y••r
CrqdllOi8 and acciua
N•t curr•rit
14.725
8.784
A•pr•Mnt•d by..
Th• fund• ol th• ch•rlty:
Unr••lrl¢i•d Incf• lund
G￿er11
449,376
407,
449376
RMirt¢t•O Irbcom• lund•:
R041rlcled FunLts
155,691
168.954
188 954
168954
155.891
16B.954
Awo¥•J bylh•iruileM •nd onitsk b￿￿11 ty..
Tho TrJteB on F498$ 910 11 Itrfm knIVBI pNI ol thuo•XWrt*.

ST ANDREWS LEAGUE OF HosprrAL FRIENDS
Stalement ol Cash Flows
lor the year ended 28 February 2026
2026
2025
Not•s
Co3h used In operntlng •ctlvllbo•
l•ee below}
147,8451
121.8241
Cash flows Irom Inv•8tlng I￿1¥111•*-
Inveslment irKorne
Proceeds from sale ol inveBtmerts
Purchase ol inve51ments
Movement on cash he￿ lor ¥westment
10,345
78,810
195.1221
27,302
12,199
44.712
1148,8631
95.854
Chang• In c•gh and cuh •qufv•l•nt• In th• y•or
126,5101
115.9221
Cash aTrJ caBh oqufvalents at the b8ginniThJ ol th8 year
35.9S4
51.87
C••h •nd ¢•*h •qul¥•l•nl• •1 lh• ond of th• your
Analy•l• of ch•ngM In n•t dobl
2025
Cash at 1 Marth
Ca$* Ilows in ytar
Cash at 28 Fo￿U￿ry
51,876
26.510
35.954
R•eonelll•llon ol rnt mov•m•nt In lund• to Ml c•sh flow from op•r•tln4 •ctIV￿1
202S
Net Incom• for ￿ y•ar {u p•r th•
•t•temont ol Ilnanclal acllvlll•sl
Deduct investment income
Gains on I￿￿51rn9nts
Increase in creditors
N*1 used In opernllng •ctlvllles
28,424
110,3451
151.8591
16,871
112,1991
140,5911
14,095
21,824
47,845

ST ANDREWS LEAGUE OF HOSPITAL FRIENDS
Note¥ lo Ihe Flnanclal Statement$
lor the year ended28 Feb￿￿ry 2026
Accountfing Poll¢*•
Charlty Inlwn•llon
Si AThJrews L¢ague ol Hofjpit￿ Fr*rbJs * 4 ¢h•rty. go¥err￿￿ by ifs conBtiiuthJTh. 11 is 8
regislered charty wlh lh8 OttKe of Scotith C￿￿1￿ R•gulthr. Th 18g*ier&J oflt• W 9 k•Jlr
Gardens, Sl ANJr•ws, Frfo. KY16 ￿N.
Th¢ prw xcwnliry pJKa88. Mv• e#Mislendy in thB C￿￿8nt w¢¢•dlrvJ
year In d8aliw wbth it•ms are matwi* 10 th f*¢thJnts. Ir• beluw.
1.1 B•il¥ ol Prnwrntlon
Th? finartial staiem•N$ hav• b•8n W8F4i•J in Bccordvu A￿ntr￿j ar￿ R8portirMJ by
Ch4ritie8'. Sl8iem?ni ¢1 Re¢omm0rthd Practice aFf4¢at40 io chariiw waparing Ih8ir 8e¢ounlS in
ordan¢e with Ihe Fina￿81 ReFQfliw standards in thv UK and Republic ol lie￿nd
IFRS 102118tteth¥8 1 January 20191 Charil*s SORP IFRS 1021 and the Finar¢ial Reky)rtino
Siathrd app￿1¢8￿8 In Ihe UK aTh1 Rep￿￿ ol li•laNI IFRS 102. the Chaiilios and Tr￿$80
Inveslmeni IS¢oiknoi Aci 2ri)5 ar>J the Charilias (P￿tLqndl Rffju1at*)￿ 2006 laB
amendodl
Sl. L••9￿ ol FMrxlB m8elJ th ol a •niity uTh1•r FRS
102.
The Irust8e$ ¢ordthr Ih•i Iw w• Thj rnthn￿ uncatsi￿"￿ abxrt th• to conbrw•
i wryj corKom.
T￿80 xcwnls in Fwr¥Js $I￿1￿J. wlmch Is Iho oJrn•rw of th• C￿rIty.
F4ur•• ar• 10 th• ￿ar•s1 pJuThJ.
1.2 Tultlon
The chBrty 18 oxemw IrtyTh tax Vir4 to th• •x1•m ¥• apthd ID rt8
charitabl* obj'ects.
la Fund• •irY￿U￿
Fund$ hekj by chwity ale unrostsict•J or r•stri(a•d in Wr￿5￿. Uniesirthj arg
tu￿8 which Can b• us&J In twth th8 chwritat48 objocis ai the dixr•tsDn ol the Iru8t8•8.
Reslricl8d luTrJ8 are luTrJs thai can onty ￿ usthj for ￿rt￿lar restrKied wrws8s viithin Iht obiecis
ol the Charity. RestiKtiM5 wise when by th¢ d(m or when hJnd5 8r8 iawd Iw p*bcukr
restiKi8d
1.4 I1￿0m8 recognllltyi
Ir￿me L8 vwni5ed Iho c￿rity hw5 erti1￿mer￿ to fv fU￿ts, any wrformgtte condllh)ns
•ttach8d lo Ih? rtemlsl ol Irthme W twn m•1. Il B F4obat48 the IrKom¢ Wlill be rel*￿ a￿1 tho
amouni can ￿ measwed rdiat4y.
1J Expendlturt •nd Irrecover•ble VAT
EXper￿rtUre Is reco9nised Or￿ Ihere B a thvJaI￿n to make a payment 10 a
lh1￿ party, it 1$ probaile Iha¢ settlem8nt %%iN requwgj arn1 the amounl of Ihe oblpJation can be
m0&5ured ieliat4y. lff8COV8rab* VAT is clwged a8 a cc61 agaI￿t Ihe athty tor %Yhich the
exp4ndilure was irojffed.
1.6 Investmènts
Inv8Siments are a basK fom of wisirurnent aTrJ ar8 at tron$athion
V41ue sthequenly measurnd at laii value a5 at Ih? baLqrth sheet date u5illg the ckjsing
market value prices. The 5talernentof &*vitEs net gains aThl lossÈs arising on
r8valuatson aThJ the year.

ST ANDREWS LEAGUE OF HosprrAL FRIENDS
Nol•s to the Fln•nclal Stst•fflents
I no1b•lrt￿￿lTrth•1￿￿j•.
11 Employ•
Tth
Tai
Fwk1*
Exp•ndNurn on CldwN•bb•xtMI
T•1
Fur*8
Fund•
Fw
Fundi
742
10.052
742
a014
14$
1&747
f••¥
Ir4ur
S55.414
9S.I
148.
195.3561
(95.8541
127.wl
Ewkies
587.S71
519.4W
Tot•1
10

ST ANDREWS LEAGUE OF HosprrAL FRIENDS
Notes to the Flnancl•l Statements
lor the yearended 28 FebnMry2026 (conllnued)
6 Movemwrt In funds
I IIKch
At 18 F•bN•ry
Trnn￿Or$
R•slrleted lund•
Milchell 88qU88t
168.954
3.$51
129.W31
I3,￿7
155,691
Unre•trl¢t¢d fvndl:
G•nor•l tur￿$
407.689
10.422
17.6051
37.952
918
449,376
Tot•1 funds
14073
605 067
At 28 F•bN•ry
H••Irt￿ed tund•
Mrtcl*ll Bequ8$1
187.407
3.9)1
127.5911
&337
168,954
Unr••irl¢t•d lynd•:
G•rnral lund8
372.365
1&639
116.569)
407,689
Tol•l lund%
1440 40.591
576 643
Mlt¢h•ll B•qu••l
B¢qu•$t i•¢•N•d Irorn George Muiray to b• ulfjd wr¢hu• Ih? ho8prtal. A trarffjlw w4$ m•J• In
the y88r ￿thIn the RaI￿rn$ Porflolios.