Charity Registration No. SCO16109 (Scotland) ANSTRUTHER IMROVEMENTS ASSOCIATION A SCOTTISH CHARITABLE INCORPORATED ORGANISATION (SCIO TRUSTEE, REPORT & FINANCIAL STATEMENTS FOR THE YEAR TO 31 DECEMBER 2025 scorrisH CHARITY NUMBER SC016109 Henderson Black & Co ANSTR[￿HER IMPROVEMENfs ASSOCIATION CONTENrs Report of the ￿￿teeS Pag¢sl-6 Ind¢peTrJeni examinef5 ieport ro the trus*es Pa8e 7 st4￿ment of fina￿la1 aciivilies Page 8 Bala￿e sheet Po8¢ 9 Cash flow statement Page 10 Notes to the fina￿la1 s￿lements Pages 11- 15 ANSTRUTHER IMPROVEMENTS ASSOCIATION REPORT OF THE TRUSTEES The Tws¢e¢s prtseni their report and fina￿la1 sta*tr*nts of the charity lor thc ycar endcd 31 December 2025. The finan¢ial si*ements have been prtpartd in &cordaDcc wtth th¢ accounting policie& se( in note I ro ihe firtancial siaremenis #nd comply wilh Accounting and Rcpofling by Charilies-. Statrmeni of Recommended Practice applicable io chariiies preparin8 Iheir ￿OUnts in accordance wiih the Financiaj Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 10?) (effective l January 20191- Ichariiies SORP FRS 1021 the Financja] RerM)rting Siandards applicable in th¢ UK gnd Republic of Ircland (FRS 102}. OBJECTIV&S AND AcrIvrrtEs Th¢ Chanthle PutPV5eb vf the SCIO. as sei out itt con$tiiution. are to benefit ihe comrnunilic5 of and visitors to Ihe former Burghs of Anstrnthcr Easter. Ansiwther Wes*r and KilreThny by.. prolec(ing. managing 4nd d¢vcloping communiiy buildings in the Area- advancing herita8e. culiure and the envirOnn￿nI ofthe Arta.. advathcing communiiy dei'elopment in ihe Ar¢a thwush ¢dU￿[lOnd1 and social ¢v¢nts.' and promoting ihe cffeciiveness andlor e￿IcIt￿rY of other chariiies working inter alia within the area in furnh¢rdn¢e of ¢h¢s¢ Charitable PL1r￿se3. ACHIEVEMENTS AND PERFORMAi%CF. Ai the heart ol Ihe AIA'S activilies remain some of our long-s&T￿Ing Commi¢iee-led iniliaiives.. Anster Ni¢his, AnstCT Cinem& our seasonal coflee mornin8s. Ihe tknk Race, our ALA gardening and th¢ AiA membership programme. We ar¢ 8raieful ￿ our An5trr Ni¢ht guesi speaken in 2025. Neil McNair, Dr Anne-marie WcijrnanB. Martin CJulbi5. TrJvid Morland. Fiona Young and Profes¥vr Jun Rogers. who cov¢¥¢d i wide range of topics includin8 &sironomy, furniture design. honey, and the world wide web. The highlighi liy An%ier cjnel¥￿ ¥￿1￿1. 5¢114)Ui %Lreening ill Venus Peier. a beuuliful 1989 filii) ￿￿)ul a young bii) !ir¢iwin¥ up irb J.%ii>iii%h fb%hii)¥ iilld8C Ill Ihc 1941b. bJie(i ibn Chri4liipher Ru%h % %eiMi-aui<)bi()¥raphical nii%el, W¢ were prii Ilegcui%e f(xhr4ne. Alari.Siewan and Kdl¢ An%iÉuih4r The coffee mornin8 team of Jen &)rdon. Christine Palrner, Elizabeth Riches. Chkx Milne and Gill Fraser are also $13lwarLs. Providing home baking. hoi drinks and ciafi xlivilie5 10 all u)mtr5. Four s¢a3onal cofftt rnornin85 were held in 2025 pn)viding *as and horne baking. a book sw¥* arhd CTaft5 tablt. A reeeni addiiion is a learn of youn8 volwiieers. guided by Julia Prie511ey. our %aiiond LoLiery Comrnuniiy Funded Communily Dcvclopment Worker. providing more bth'ng and help ￿ ihe evcnts and brin8inB th)wn the average age of our Yolunieer wnsiderably. On D￿r$ Open Day in September we threw open the p3raFt dcxJr¥ once again and volunteers provided interestin8 4thd knowledgeable tour5 Of Ihe Si NictK)las Tower for over l(M) Curious visitor5. We had our usual home bakin8 in Ihe Lower Hall lor those wthiting or recovering from lh¢ climb. and a display hbout thc AIA'5 acIivLties io en￿r￿in, inrluding volun1cc￿ from the Shelled Wall proieci providin8 a pn)jeffl update in Upper Hall, 10 Promot¢ wolunieerin¥ opportunitie5 and cncoura8c rrK)re ￿Ople to gei invol1￿d. We were on¢¢ more blessed with g￿1 weaih¢r the annual AIA Duck R%e. and the ¢n)wds Cheered on our I.￿) yellae deuks, hoping fijr a winner. They stayed to ￿aT the results Irom the *rrxe ai the back of Dr¢el Hails, enjoyin8 a cup of lea and thirin8 ihe cr¢aiiYiiy of the IM>nnei par* con*s¢an15 and the Design a Duck competition winn¢r5. A heanfeli ihank you 10 Ihe (eam ol ¥olulltrers and ihe k)cal busincsscs- Ihis mwh-loved COTtununily celebration WDuldn'i happen without you. l.ike Vintage Day. the Duck rai5¢5 ¢riiical funds for ihe AIA'S An5L¢T Community Dcvelopmcni Projeet and Drttl Halls Added io these AIA favouriw are the mre receni AIA XiivÉlics. led by Julia and CO￿ lo the All$￿T Commurtily Develvpmeni Proie¢t. These include regular evtttts and ¥tivilies. lik¢ Dreel Babies & Tfyjdlers and Dre¢l Crafters, new iniLiaLives. like Bookbug and The Poppy Proje¢L and oneaoffs like the Beach of Drcams. Page 1 ANSTRUTHER IMPROVEMENfs ASSOCIATION REPORT OF THE TRUSTEKS ACHIEVEMENfs AND PERFORMANCE IContity*dl Drrcl Biibicb & T￿dIe[s efiiefed its luunh ￿ar. providing a MuC￿￿e￿¢d ￿la[ group for l(*al parertt$, c4r¢r5 and Lheir Children. Our Ihank5 go 10 the new team of volwiw hclper5.' Gill Fras¢¥, Shirley Nuua]. Kylie ClarK KatherirK Harley, KeTin Watson. Shelley Linney and Authey Hor5burgh. wlxTrioinily ¢0ordinaicd the gw throughout 2025. enabling il to become more indepcndetti. Comjnunity volun￿r. Emma creigh1￿. also supwjrted crnfts 4nd B(M)kbug actlvllies. The group panicipated irt Seasonal celebrations 2￿j & vari¢ty of c￿1 OCliwili¢s aod held a Summer picni¢ 31 Dr¢elside Park. In F¢bn￿ry Ihe AIA supported valued volunteer Gill Fr&%er io ¢omplcte B￿kbuS Training with the Scottish Bfy)k Trusi. Gill ha5 now esiablished N)pular fonnighily B(K>kbug sessiott$ for local lamili¢s. b(*h within Dreel Ha]l$ aDd the wider community. She ha5 led cxciiin8 Visits to Anarniher Fire Sialion. Willow House Care Horne. Sc¢Mish Fisheries Museum and the l¢xal Ea51 Neuk Family L£arning Roadshow ￿ Waid Aeademy. Drc¢l Craf*rs ¢ontinucd to Erow in wyulaniy, mttiing iwice wttkly and providing oppmuttiiiC5 for volunteering. skill sharing and coThTheciing with like-mirtded ¢rnlien. Our thanks go lo.. c.laire Sinclair. Larol Maclaren. Fiona B¢Trie, Elmd Brady. Daruisz Kwiecien and AlaD Stewa¢ for th¢ir Ikdjcaiion and supwrL voluoieering Wlth Ihe gn)up. W(Mk began io cwnise a ¢olleciion of knillin8 paikrns tQ Use a5 a shared resource library for DTeel Craf*rs and m¢mbcrs ofthe cotnmuniiy. The Drcel CTsfters group attends rc8ul8r AIA events. provides essential SUPWL 10 Nh¢i AIA initiwives, like Vin¢a8¢ Day and lh¢ Poppy Projeci, t(x)k part in the Beach of Drearn5 p¢nnani dcsign workshvp. pruvided hands on suppffi io sei up lh¢ Beaeh of Dreams An Insiollaiion and prescni¢d lis own uniquc 510ry alon8sith ¢xher community groups in May. Th¢ group held ILS annual Summer and ChTisimas soci415 4t Drttl Halls. 2025 wa% the y¢ar th¢ Poppy Proj¢¢i really ¢ty)k off. In Ociob¢r. thc AL4.5 Drccl Crnftcrs created a Slriking and wignaThl K¢membrance Day in&iallation ai Dre¢l Halls. HAnd kniiied p>ppics &d(xffttd the froni ertirance of our coinmuniiy buildin8, cascading over a five mctrc dmp fmm a window ai lh¢ froht of ihe 16th c¢niury Si Nicholas Tnwer, creaiin8 a b¢auiiful dL5play And worthrful tribuie of remembrance. Member$ of ¢h¢ Drcel Cr&fler5 group continu¢d 10 ¢nihU$1￿11C&1IY make hand-kniiied poppics ovcr a period of twelv¢ mcffiths. buildin8 on lh¢ ¢iL¢nor di$pliy in 2024. Gmup members en¢oura8ed wider communily io Contribute. 5haT¢d information aboui the PfQJ¢¢l and volurtieered to OTBanise sortin8 and COUniin8 the har￿ FWi¢$. lain and Caihcrine Gillon lcd a ieam ur voluntccr5 to plan and in8th11 the display. Volunt¢er5 $1)urced thc f15hinB ncL with assisthftee from Pinenweem HarbouT Masw. Sieven Middletort. who kindly cui and shapcd Ihc nct. creatin8 iwo (trape$ ￿ han8 above thc entrwKe of Ihe buildtthg. The TepuTpKTrs¢d fishirt8 nel 15 representative o( our fishinB h¢ritAge its Ihe Eam Neuk and cYea*s o unique bxkdmp (or the ExJppie$. The display included poppi¢s in the graveyard surrwding Ihe building. garland5 Wrdp￿d around ￿)515 and three poppy-cov¢red WT¢•ihs. The display also LemEwarily twk over n¢w planters. bought for rhe AIA'S volunteer gardeners. Elizabeih and Kai¢. who thitinue io msna8e the public space over the road bTidEe for the enjoymeni of pa55¢￿-by. The Poppy Pmjecl connected people in a r￿W way. li encournged (thT5 10 8el involv¢4 and c£￿1r1bu￿ with a shared aim, Fri¢nd5. fAmily mcrnbers and pe4)ple fr(fft) wider commurtiiy dr our visiiors Started by Christine Keay. vin￿8¢ Day brirhgs ihe comrnuAily IOBcther in our bealliiful hi115 ￿ raise ¢ss¢ntial fund5 for the AIA'S commuthity pr()i¢¢t$ artd io keep the ha115 thriviTh8. VolUn￿rars si(tyelling. qi gong, art classes. crcativ¢ writing workshw, pila*& ¢alL% 4nd discussion 8roups, tai chi. P￿ty11¥ music eveni$, quiz ni8hts. fLthdraisers and many priva￿ celcbrniiotts. Our beautiful halls hosi elebraiions for all sla8es of lif¢. Irom firsi bllthjay pjnies w fmieih binhdays io funeral wak¢5. Togeih¢r, thesc gatherings cnsure Ihai Dreel Halls tfmi1n￿S io bc a vibrant me¢iin8 pl¥e ai ihe he4n ol Wesw AnsTrnther. bringiTh8 ￿tsPIt ioFih¢r aThJ Stren8th¢Ding the life ofour £omrnunity. In 201fj wc rcceived fin￿¢131 and In-kithd sup￿1 from. <￿￿r5. The N￿l{)nal tJ)tiery Comrnurtiiy Fund. thc Facility for Invesimeni Rcady Wh￿rt In k(xland IFTR.%'SI. thliver¢d by NaiurCsc￿ ift collat4)rdlion wilh Th¢ Scthiish Guvernmeni and iTh partn¢rship wilh ihe National tAlery Ilerita8e Fund. knsi Neuk Tabl¢iop Games. E&81 Neuk Preservation Society, kif¢ b¢¢ke¢r¢ts Ass(Kiaii¢)n. Ltven ChyT¢h. c.hristine Keay. The Ci)mmunity Kisl. Trife C.OUniil. Bol¢&fkie Estate. Ik)whwsc Mwk¢i. Jam¢s Aird & Son5. Fife Co¥t & Coun¢rysidc Trusi and AnstrutheT'5 matty l<*al busLne$5¢5. who suptA)n events afyj aeiivities. A5 ever. we would likc lo ihank our rnembt￿. the m￿Y volunieers who make thin8$ hapFen in our ￿MunItY the u¥¢rs of Dre¢l H4Jls. Finally. the AIA could n(rt continue witlKMJi the ex¢¢pti(ffial hard WLKk of its Tn￿the3. H¢)rw)rw Palrnns and Community D¢v¢loprneThi Worket. Julia. For readcrs whn want to firml oui rn(wc al￿1 AIA ev¢nt5 and what 15 ha￿%￿lA8 ￿ Dreel Hajls. you can visit our website. Facet¥￿ page and I￿￿1￿1￿M ¥couni. FINANCIAL REVIEW In the year ended I l D￿ember 2025 the￿ were rK¢iFXs of £80,862 (2024 170.5521 Irom A TA evcnis, activity and prt>ie¢t work. there wa5 £48.126 12024 U9.64.li recejied in ￿$triC[ed 8r2nts and dry￿￿0￿5. Thete were uThrestricted payments of£49.999 12024 £50.9521 on ¢harithbl¢ ¥tivitic$ wthei with a further £31.2(￿ 12024 £35,483} from restricted hjnds. Risk Management The Trustets havc ￿SeSSed the rnairr risks lo which the charity is a Risk Regi5t¢r, in par¢i¢ular thos¢ rel#ting to the 0￿￿110￿5 and fLnan¢e5 of the charity. arc ￿1SfIed that $y5￿n￿ af¢ in plxe to rnitigate chaniy'% exposure (o the T15ks. Page 4 ANSTRufHER IMPROVE.MEwfs ASSOCIATION REPORT OF THE TRUSTEES Reserves Poliry The Association aims io h)Id reserves of six nK)nth$ of regular unTestricLed expendiiure. which ihe Cortllnii(ee has calculated (o be £15.IMKI. The AsyKiaiion has also calculated thai around £80.(MM) is Tequired every len years to meei planned rnain*nan¢e ai Dreel Halls, and aims to accrue &$ignakd fund5 to meet this requiren*n(. These costs are reviewed every thrtt years ￿ ensu￿ thai the reserves ￿litY keep5 up with changing Ctss￿. STRUCTURE, GOVERNANCE AhTJ MANAGEMEh7 These ar¢ ihe Iwelfih fmancial suiem¢nts of thc Scoiilsh Charithble Irthrporated Organisation ISCIOI which wa$ in¢orporaRd 12ih Ikcember ?013 and to which the UllinCOTporakd as50ciaiiun transferred all assets. liabilitL¢5. reS￿￿51b71I1Ie& e￿ on 3Jst January 2014. Tr financi￿ 5tst¢menis covu year to 3 Isi December 2025. The Board is responsible ftsr ihe direeiivn and rnanag¢ment of ihe Stra￿sY and affairs of the SCIO as Sel OL2I i tt5 ¢OnStiluiion. Thert have be¢• Th) changes ￿ the make up of the Trustees in the year. REFERENCE AND ADMINISTRATIVE INFORMATION Committse of Trw¢eeg The Members of the Commiiiee of Tnjs￿s during the year urtder r¢view were'.- ChnstiK PaI￿r Jennifer Gord Kai¢ Anstrmiher Ch1￿ Milne Eliy.abeth Riches Alan 5*wart Offlte bearer9 Prtsidcni Vice Pre.sident Joini Treasurer Joini Treasurer Chrisiine Palrner Jennifer (iordon Kai¢ Ansiruiber Chn"51ine Palmer ch￿IlY D•me Cknrtty n￿Tr￿r Anstruther ImprovemenL¢ As￿L8t10￿ Scto SC0161(YJ Contact *ddttt5 Dr¢¢l H)Il$. High Stre¢t WesL Anstruther, Fif¢. KYIO 3DJ Independent examiner Mark R¢)bertson BA CA. HeTrJ¢rson Black & Co. 28 R￿l&cr Stre¢L. Anstruther. Fife, KYIO 3DU Bankers The Ctroperntivc Banl Busiws Direct. PO Box 250. WN8 61 Page 5 ANSTRUTHER IMPROVEMF.NTS ASSOCIATtoN REPORT OF THE TRUSTEES sTATEME￿r OF TRUSTEES RLSPU]4SIBILITILS Chanty law requires rhe Twstees to prepare financjal 5talemcllts for each finan¢ial year which show a rn* and fair view of the state of affain of Ihe charity and its fLnaKial *iivi¢ie$ for thai yeor. In preparing th05¢ financiaj staiemen15. Ihe Trustees arc required to". seleci 5uitsble accounting w)li¢ie5 and ihett apply ihcm consi$lentiy.' observe ihe methods al￿ pri￿lpks in the applicable Charities SORP: make judgemcnis and ¢Siimaies thai arc rcasonable and prudcni.. stai¢ wh¢(her applicable accoLillliti8 Standarts and staitmen15 Of recommcnded p￿tic¢ hav¢ been followc4 subject io any departur￿ disc105¢d and cxplained in the financial slaiements.. And prepar¢ the financial on the going Co￿trn ba8is unless it 15 inappropriate lo presume thai the chArity will roniinue in operaiiortal exiS*r￿. The Twstees ar¢ re$pon5ibl¢ for keepLng proper ￿0￿ntIng record5 which disL105e with reasonable accu(acy al any lime the financial pTrsilion of the charity and to ettable them to ensure thai ihe financial sta*meni$ Co￿￿pIY wilh Ihe Chariiicy and Trustce Investmethi {Scoilandl Aci 2￿3 and the Charities Accounis {Scoilandl Re$ulalions ?006 las Amcndedl. They are al¥0 responsible lor safeguarditTrg the assets of Ihe Charity and henc¢ for thkin8 reasonable $￿p9 for the prevention and dc¢cclion of fraud and other irregularilies. The Tnjstecs are r¢5ponsible for the Main￿nance and in￿￿TIlY of th¢ chariiy and financial inf0m1￿10n iftcluded on ihe eharity's website. L£gl$J￿i0n in the ulli￿d Kingdom go%¢rning the preparairon and dis%minaiion or rJrtan¢i $iaiem¢nt$ may difter from legislation in ￿￿er jurisdiciion5. Approved by Ihe Trustees and $i8ned on their behalf. Presideni Viet PTesidenL 18-S. IG Page 6 ANSTRUTHER IMPROVF.MENTS ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ANSTRUTHER IMPROVEME￿ A&SOCtATION SCIO I r¢wt on the Finartcial SL*ments of the Tru￿ th¢ yur endcd 31 Decernlrr 2025, which arc oui on pages 8 10 15. Re$pective respoNSbilities of the 8Dd ¢x4miner The charity's Tr￿1¢¢5 att rc%ponsible lor the PTrpaTaiion of xcounts in accordance wilh the t¢Tll)s of the CThariLies Trusi¢¢ Inve5trnCThi Iscoiland) Act 2Cth and the Cbariiies Accounts {Sco(13rwJl Regulailor￿ 2(K)6 las amendedl. The ¢haritls Iru51ees Consider thai Ihe audil requiremeni of Regulail(￿ 10(] J lal to Icl of the Accourt15 Regulations ths not apply. li is my reswnsibilily lo examine the xc£wJnts ￿ required uThkr seciion 44111 {¢) of the Aci arml to whether particular matt￿3 h4LVC corn¢ to My autntion. This report 15 made ￿ the Trustees in accor￿ with the terms of My en8a8em¢ni. My work ha5 been unthnaken 50 that I miBhi slate ￿ Ihe Irus*es those maiicrs I am required them in an Ir¥J¢p¢￿￿￿l examiners reFQrt and for no other pury)0se. To the fullest ex*oi ￿rmit￿ by law. I do nLM accep respKmsibilily io any)oe ¢Aher Lhan ihe injsiees of the ArtstTUthcr Improvemeftts Asx¢iaiion SCIO. Ba9ts ofiTrthpendent tX4mlner'5 report My examinati(In w83 carried oui in acc￿danCe wilh the Regul￿$￿ I l ofthe Charities Accixmi$ IS¢otlandl Regularl￿ 2(M)614U amertdcdl. An eknimi#4lion incllld¢s a iev*w of lh¢ a¢rouniiTh8 rectrds kept by ihc chariiy and a Comparis(￿ of the a¢¢ourbts prescnied wilh ihese recnrds. li also ithcludes consideraiion ofany unusual it¢￿8 or disclosures in lh¢ a¢counis. and leeking cxpl3nation5 from you Is Trustees conc¢rning any Such maI￿r5. Th¢ ￿￿edureS und¢rtaker5 do not provide all the cvidentt ihai would k r¢quired in an audiL and con5¢qu¢ndy I do exwes5 an audii (yinion (¥h view given by the acrWn￿. lThdependent examintr's staten*nt In ronneciion wilh my exarninaiiort. no mai*r has comt 10 my Altenii¢M'. Which Bives rr¢ r¢&8omable cause io b¢licve ihai in a#y material res￿¢1 thc r4uir¢n*nts to kecp accouniins rt¢ord5 in acc4Ydanr¢ with Sectsoh 441 I la of ih¢ 2t))5 Aci and Rc8ulaiion 4 of Ihe 2006 Ac¢wis Regulaiii)ns'. and to pr¢par¢ ac¢wni$ which accMI with the ¥couniirtE recr￿15 It￿ ro Comply with R¢8yliiion 8 of the 21kn A¢¢ount5 Re￿[all(￿S have not bttn mti: Ibl To which. in my rjpinion. It￿nI10n shwld bt drawn in