BEANNACHAR UMITED
REGISTERED CHARITY NUMBER SC016384
COMPANY NUMBER SC103915
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

BEANNACHAR LIMITED
CONTENTS
Page
Trustees, report
ststement of trustees, responsibilities
Independent audito¢s report
8-11
statement of financial activtties
12-13
Balance sheet
14
StsteffEnt of cash flows
15
Notes to the financial statements
16-28

BEANNACHAR LIMITED
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Board of Trustees present their report and fjnancial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charrvs Memorandum and Articles of Association, the Charities and
Trustee Investment (Scotlandl Act 2005, the Charities Accounts (Scotland) Regulations 2006 {as amended) and
'Accounting and Reporting by Charities.- Statement of Recommended Praob'ce applicable to charities preparing their
accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS
1021° (as amended for accounting periods commencing from 1 January 20191.
Objectives and alms
"Our aim is to create a therapeutic inte9rated environment. wrthin which people can find the support and guidance
they need to develop their potential in maturing from adoleS￿nCe to adutthood. By balancing the elements of work,
home life. personal development, social and cultural interaction wilhin Beannachar and in the local surroundings,
we attempt to live a meaninglul, wholesome and fulfilling life together..
The principal activty of the charity is to provide supported accommodation andlor educational and work
opportunities to adults with a learning disability or other additional sUPPOrt n&ed.
Beannachar is one of over 120 independent Camphill Charities tn the international Camphill Movement which
promotes the development of communities where people with disability or other disadvantage and those that
support them, can live. learn, and work with others in healthy social relationships. based on mutual care and
respect, taking a holistic approach to physical, social, mentsl and spiritual wellbeing.
Achievements and performance
8eannachar had an average occupancy of Ihirty-fve young adutts over the year - seventeen residential and
eighteen day service students aged over 18. Most of our students are from Aberdeen City or Shire . There is a
steady stream of enquiries foi both residential and day places. Creating opportunities for their development in
preparation for m81urily and moving on from 8eannachar is at the heart ot all we do.
ident181 seN'
A review of our housing and upgrades fonns part of our ffive-year Development Plan. The senior leadership team
and staff are to be commended for meeting all requirements and retuming grades of Good and Very Good in the
last unannounced inspection by The Care Inspectorate12023).
Work has also been completed to convert a building previously used as an office to a one bedroomed dwelling
property for a student and live in stsff to move into in Summer 2025.
Da
Service
All students attend 8eann8charfs 'learning for life and worK' programme Monday to Fridays from 9am-4pm either
full or part-time. Workshops include meaningful activities like laundry, gardening, land work, kitchen and cooking
skills, weaving, crafts and arts.
Students continue to self-select their workshops of choice. and their support plans all reflect their targets and
success stories.
Facilities
We had increased fijnding for projects through Camphill Estates fundraising team and property improvement grants
which were spent on:
Improvements in the walled garden
Upgrades to our internet connectivity
Preparations tor a Sensory room

BEANNACHAR LIMITED
TRUSTEES. REPORT ICONTINUED>
FOR THE YEAR ENDED 31 MARCH 2025
staff and Volunteers
We have retained a loyal workforce and have recruited sufficient new staff despite the recruitment challenges facing
the whole health and social care sector. Around eight employees live on site and also sixteen one year international
volunteers, The involvement of international residential volunteers enhances and enriches community life for
students and contributes to Beann8char's distinclive lrfe sharing model of care and community. The reintroduction of
corporate volunteerin9 days has been very successful. building more connections with local busines5 and raising
our profile as a communty.
Senior Leadershi
Transitions
There have been changes in the leadership and admin tèam over the last year. We extend our heartfelt thanks to
the departing members and grateful lor the foundation they helped build. We have welcomed new members to the
leadership team who are already contributing to evofving priortties, working with the board of trustees in the
collaborative spirit that Continues to define our culture and guide our success.
Finance
The new finance system operates using Xero accounting soflffire in a move fiom Sage. Further investment in
supporting key personnel to manage budgets is ongoing but made simpler by the new software syst6m,
Review of objective8 from 2024-25 and aims for 2025-26
The theme ol the year has been one of setting the scene for further developments in 2025 and beyond. This
included-.
Preparatory work undertaken on ¢reating a five-year Development Plan for the buslness whS¢h will Include
the eslate, fa¢ilrties, day and residential services.
Identification of additional workshops and associated working areas to be developed to offer greater choic8
to students, including preparing a new Community Kitchen.
Conclusion of staff trained as Behavioural Support strategy trainers (BSS) and staff tralned monthly slnce
autumn 2023.
Sustained recruitment drive to appoint a Residential Registered Man8ger {appointed Summer 20241,
support workers and Lead Practitioners.
Preparation for new residential contract wsth Local Authorities.
Maintaining staff Irainlng across all key areas and offering funded courses to maintain necessary
registrations.
Appointment of a new trustee to the Board.
Our aims for 2025-26 include..
Progre55 against yeady objectives detailed in our five -year Development Plan, plan to be updated.
Securing approptiate residential fees for all students to rel]ect level of need and optimal staffing ratios.
Securing good scores in any Care Inspectorate inspections.
Extending workshop choices to all students.
Increasing our upper age range, no limit and offering king term placemenls. Changing our Articles of
Association and engaging with commissioners and guardians. Having a waiting list for both residential and
day students {Completed late 2025).
Recruiting for any vacancies and adding capacty via admin and finance functions to the Leadership Team.
Recrutting addjtional trustees to the Board.
Developing a land strategy options paperto identify best use of the Land.
A strenglh based review of all seNices, functions and aims for Beannachar to ensure financial stsbility.

BEANNACHAR LIMITED
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Flnanclal review
During Ihe year fee income increased compared with 2024 levels at £2.322,258 {2024 - £2,244,323). The increase
was the direct result of a higher student enrolment and an annual uplift in fee rates. Donations received including
gift aid recovered increased from £22,824 in 2024 to £39,888 in 2025. Other income includes a grant received by
the charity during the year, for the construdion of a garden wash ststion and purchase of garden equipment as well
as rental income from staff living onsite.
The charf(y ha5 net cash reseNes of £131.908 {2024 - £396.845).
The unrestricted fund income of the charity derives from the fees charged in respect of the residential and day-care
services provided for adults wf(h learning disabilities (students) supported by the charity as well as unrestricted
donations and rental income. Additional restricted fund income was received during the year in the way of donations
and a grant.
The majority of the fees are paid by the Local Authorrty. Social Sefvices Department that placed the student at
Beannachar, with a lesser amount deriving from the students, individual Stste Benefits entitlement. Such fees
provide the necessary income to enable the chanty to prOV￿e supported accommodation andlor èducational and
work opportunities to adults with disabilities.
The princip81 risks which the chaiity is exposed to are the health and well-being of the students, continued student
enrolment and the recruitment of staff. The Board of Trustees are satisfied that systems are in place to mitigate the
exposure to these risks.
Beannachar has unrestricted reserves of £38,849 (2024 - £278.628) which the Board of Trustees is actively trying
to increase through securing additional funding from Local Authorities and reducing costs wher8 possibl8.
Director's statement on going concern and flnan¢lal pressures
Beannachar Limited continues to face cost pressures from rising staffing. national insurance. agency costs, and the
wider cost-of-living impact on food and utilities.
The Board of Trustees along with the senior leadership team are actively reviewing setvice delivery models,
overheads, and resouice allocation to safeguard sustainability.
A new residential registration is being explored, with additional placements expected over the coming year. The
inclusion ofa new student from January 2026 represents an early success in this direction.
As outlined in note 1.2 of the financial statements the Board of Truslees are actively engaging with Local Authorities
to request additional funding to ensure the charity can sustain the level of service required to continue to provide
supported accommodation and work opportunities to adutts with learning diffiCu￿les. At the dale of the approval of
these financial statements Local Author'rties have agreed extra funding to cover the cost of the national minimum
wage increase. The request for additional funding from Local Authoiiti&s for r8sidential and day care services is
currently under ¢¢nsideration.
By securing the necessary addiEional funding. Ihrough cost reductions and from potential short term financial
support if required from other parties as mentioned in note 1.2, the Board of Trustees believes the charity will be
able to meets it obligations for the next 12 months and therefore these financial statement5 are prepared on a going
concern basis.

BEANNACHAR LIMITED
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structure. governance and management
The charity is a company limtted by guarantee, governed by its Memorandum and Articles of Association and
recognised as a charity by the oifice of the Scottish Charty Regulator in accordance with the provisions of The
Charities and Trustee Investment (Scotlandl Act 2005. In accordance with the Memorandum ofAssociation, every
member is liab18 to contribute a sum of£1 in the event ofthe company being wound up.
As set out in theArticles ofAssociation. the trustees. may appoint further members as and when it is desired.
Trustee5 are recruited who have an interest and invofvement with the Camphill movement and who have the
appropriate cross section of skills and experience to enhance the working of The Board of Trustees.
New trustees are briefed in their legal obligations under charity law. the objectrves and actwities of the charity, the
management Structu￿ and decision making processes, and recent financial pertormance.
Trustees are encouraged to attend appropriate extemal training events where these will facilitate the undertaking of
their role.
The Board of Trustees is responsible for the effective governance of the organisation. It delegates effective
management of the organisation to the Community Director and Senior Leadership Team who are responsible for
the functional managemenl ol Residential and Day Services, Finance. HR and Facilities. The Senior Le8dership
Team meets monthly. The Community Director report5 directly to the Board of Trustees who meet every Six weeks.
This system of interlinking meetings ensures openness, inclusiveness and accountabilty wth a flow of informatlon
In both directions, whi¢h ensures that all members of the community are aware of Cur￿nt issues and enables the
Managemènt Group. on behalf of The Board of Trustees to ensure good 9overnance.
The Board of Trustees review remuneration of employees on an annual basis, taking into account pay scales
applying in other Camphill communrties in Scotland as well as the wider charity sector.
The following are connected to the charity through their association within the Camphill movement..
Camphill Medical Practice Limrted. Bieldside
Camphill (Rudolf Steiner) Estates Limited, Bieldside
Camphill Rudolf Steiner Schools Limited, Bieldside
Camphill Social Fund Limited, Bieldside
Newton Dee Camphill Community Limited. Bieldside
Simeon Care for the Elderly Limited. Bieldside
Tigh A'chomainn Camphill Limited. Pelerculter {Ceased August 2025).

BEANNACHAR LIMITED
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Reference and administrative information
Charlty name
Beannachar Limited
Charity numbeT
SC016384
Company number
SC103915
Secretary
Brodies Secretsrial Services Limited
Principal address
Camphill Communty
South Deeside Road
Banchory Oevenick
Aberdeen
AB12 SYL
Registered office
Brodies House, 31-33 Union Grove, Aberdeen. A810 6SD
Auditors
Tawse & Partners, 18 North SI￿er Street, Aberdeen, AB10 1 JU
Bankers
The Royal Bank of Scotland plc, 78 Union Street, Aberdeen. AB10 1HH
Solicitors
Brodies LLP, Brodies House, 31-33 Union Grove, Aberdeen, A810 6SD
Board Of Trugtee5
The Board of Trustees, who are also the directors for the purpose of company law, and who served during the year
and up to the date of signature of the financial statements were:
J Carlson
A Enters
U Ruprecht
D Buchan
F Stuyck
(Resigned 6 December 2024)
(Appointed 7 February 20251
Funds held as custodian trustee
As part of our Terms and Conditions for residential students, parentslguardians are asked to delegate their
appointeeship rights relating to finances. Trust bank accounts are set up with The Royal Bank of Scotland plc for
each residential student All bank statements are kept confidentially ￿thIn the office adhering to Dats Protection
requirements. Students receive their personal allowance as -pocket money. when required, nonnally the full
amount awarded is received by the student once per month. Funds held in trust for residential student5 amount to
£34,52512024 - £46.9931 and are not included on the balance sheet ofthe charity at the year end.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006
relating to small companies.
The Report of the Trustees includes the directors, report as required by company law.

BEANNACHAR UMITED
TRUSTEES. REPORT ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Auditor
The auditors, Tawse & Partners, are deemed to be reappointed under section 487(21 of the Conyanies Act 2006.
Disclosure of information to auditor
Each of the Board of Trustees has confirmed that there is no information of which they are aware which is relevant
to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate
steps to identify such relevant information and to establish that the auditor is aware of such information.
On behalf ofthe Board ofTrustees
rlson
Trustee
30 March 2026
D Buchan
Trustee
30 March 2026

BEANNACHAR LIMITED
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The Board of Trustees, who are also the directors of Beannachar Limited for the purpose of company law, are
responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom GenerallyAccepted Accounting Practice).
Company law requires the Board of Tnjstees to prepare financial ststements for each financial year which give a
tnje and fair view of the stste of affairs of the charity and of the incoming resources and application of resources,
including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Board of Trustees are required to:
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP..
make judgèments and estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial statements," and
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity
will continue in operation.
The Board of Trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial posrtion of the charity and enable them to ensure that the financial statements
comply with the Companies Act 2006, Ihe Charrties and Trustee Investment (Scotlandl Act 2005 and the Charities
Accounts (Scotland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of thè
charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularrties.

BEANNACHAR LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE BOARD OF TRUSTEES OF BEANNACHAR LIMITED
Opinion
We have audited the financial ststements of Beannachar Limited (the 'charty') for the year ended 31 March 2025
which comprise the statement of financial activities, the balance sheet, the statemènt of cash flows and notes to the
financial statements, including significant accounting policies. The financial reporting frarnework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financial
Reporting Standard 102 Th8 Financial Raporting Standard applicable in the UK and Republic of Ireland (United
Kingdom GenerallyAcceptedAccounting Practice).
In our opinion, the financial statements:
give a true and fair view of the stale of Ihe char5table companls affairs as at 31 March 2025 and of its income
and expendrture, forthe year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practic6,'
and
have been prepared in accordance with the requirements of the Companies Act 2006, the Charities and
Trustee Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations
2006 las amended).
Basis for opinion
We conducted our audit in ac¢ordance with International Standards on Auditing IUKI IISAS (UKII and applicable
law. Our rfjsponsibilities under those standards are further described in the Auditors r&sponsibilitl8s for th6 audit of
Ihe financial slatamenls section of our report. We are independent of the chanty in accordance with the ethical
requirements that are relevant to our audrt of the financial statements in the UK, in¢luding the FRC'S Elhical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. Wè believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Material uncertalnty relatlng to golng concèrn
We draw attention to Note 1.2 in the financial statements. which indicates the charity is actively engaging with the
relevant Local Authorities to request essential additional fvnding to sustain the level of service required to provide
supported accommodation and work opportunities to adults with leaming difficulties. As stated in Nole 1.2 this
condition together with other factors described in Note 1.2 indicate a material uncertainty that may cast significant
doubt on the charity's ability to continue as a going concern. Our opinion is not modified in respect of this matter.
In audf(ing the financial statements we have concluded that the trustees use of the going concern basls of
accounting in the preparation of the financial ststements is appropriate.
Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the
relevant sections of this report.
other information
The other information comprises the information included in the annual report other than the financial statements
and our audilorfs report Ihereon. The Board of Trustees are responsible for the other information contained within
the annual report. Our opinion on the financial statements does not cover the other information and, except to the
exient otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our
responsibility is lo read the other information and, in doing so, consider whether Ihe other information 15 materially
inconsistent with the ffinancial statsments or our knowledge obtained in the course of the audrt, or otherwise appears
to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required to determine whether this gives rise to a material misstatement in the financial staternents themselves. If,
based on the work we have performed. we conclude that there is a material misslatement ofthis other information,
we are required to report that facL
We have nothing to report in this regard.

BEANNACHAR LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE BOARD OF TRUSTEES OF BEANNACHAR LIMITED
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit=
the information gwen in the tru5tees' report for the financial year for which th8 financial statements are
prepared, which includes the directors, report prepared for the purposes of company law. is consistent with the
financial statements- and
the directors, report included within the trustees, report has been prepared in accordance wtth applicablè legal
requirements.
Matters on which we are required to report by exceptk>n
In the light of the knowledge and understanding of the charity and its environment obtsined in the course of the
audit, we have not identified material misstatsments in the directors, report included within the tru5tees' report.
We have nothing lo report in respect of the following matters in relation to which the Companies Act 2006 requires
us to report to you if, in our opinion:
adequate a¢¢ounting re¢ords have not been kept. or returns adequate for our audit have not been received
from branches not visited by us., or
the f1nancial statements are not in agreement with the accounting records and retums. or
certain disclosures of trustees, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit,. or
the Board of Tnjstees were not entitled to prepare the financial statements in accordance wrth the small
companies regime and take advantage of the small coryianies. exemptions in prepaiing the trustees, report
and from the requirement to prepare a strategic report.
Responsibilities of Board of Trustees
A5 explained more fully in the statement of trustees. responsibilttie5, the Board of Trustees, who are also the
directors of the charity for the purpose of company law, are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view, and for such internal control as the BoaTd of
Trustees determine is necessary to enable the preparation of financial ststements thal are free from material
misstatement, whether due to fraud or error. In preparing the financial statements, the Board of Trustees are
responsible for assessing the charf(y's ability to continue as a going concern, disclosing, as applicable, matters
related to going concern and using the going concern basis of accounting unless the Board of Trustees either intend
to liquidate the charitsble company or to Cease operations, or have no realistic alternalive but to do so.
Auditor's responsibilities for the audlt of the financlal statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the
Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whetherthe financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will atways detect a material misststement when it exists. Misstatements can arise from fraud or
error and are considered material if, individually or in the aggregate. they could reesonably be expected to influence
the economic decisions of users taken on the basis of these financial statements.

BEANNACHAR LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE BOARD OF TRUSTEES OF BEANNACHAR LIMITED
The extent to which our procedures are capable of detecting irregularities. including fraud. is delailed below.
All engagement team members were briefed on relevant identified laws and regulations and potential fraud risks at
the planning stage of the audit Engagement team members were reminded to remain alert to any indications of
fraud or non-compliance with laws and regulations throughout the audit.
We obtained an understanding of the legal and regulatory frameworks that are applicable to the company,
focusing on provisions of those laws and regulations that had a direct effect on the deterrnination of material
amounts and disclosures in the financial statements. The nThJst relevant frameworks identified include-
. UKGAAP
Companies Act 2006
Charities and Trustee Investment IS¢otlandl A¢t 2005
Data Protection Act 1998
Employment Rights Act 2010
Health and Social Care Act 2008
Regulations of Care (Scotland) Aot 2001
The Adults with IncapacityAct IS¢otlandl 2007
The Care StandafdsA¢t 2000
The Community Care and Health IScotland)Act 2002
The Charities Accounts (Scotlandl Regulations 2006
The EmploymentAct 2002
The Fir8 (Scotlandl Act 2005
The Fire Safety {Scotlandl Regulations 2006
The Food Hygiene (Scotland) Regulations 2006
The Human Rights Act 2000
The Management of Hea￿h and Safety at Work Regulations 2003
The Protection of Vulnerable Group (S¢odandl Act 2007
We gained an understanding of how the charitable company is complying With these laws and regulations by
making enquiries of management. We corroboTh8ted these enquiries through our review of relevant
correspondence with regulatory bodiès and board minutes.
We assessed the susceplibility of the charrtable company's financial statements to material misstatement,
including how fraud might occur by meeting with management and those charged with governance to understand
where it was considered there was susceptibilty to fraud. This evaluation also considered how management and
those charged wf(h governance were remunerated and whether this provided an incentive for fraudulent activity.
We considered the overall control environment and h¢)w management oversee the implementation and operation
of contrDSs. In areas of Ihe financial statements where risks were considered to be higher, we performed
procedures to address each identified risk. The following procedures were performed to provide reasonable
assurance that the financial statements were free of material fraud or error.
Reviewing minutes of meetings ofthose charged with governance;
Reviewing the level of and reasoning behind the charitable company's procurement of legal and professional
services..
Performing audr( procedures over the risk of management override of controls, including testing of journal
entrie5 and other adjustments for appropriateness, evaluating Ihe business rationale of significant transactions
outside the normal course of charitable adivities and reviewing judgements made by management in their
calculation of accounting estimates for potential management bi85.
Our audit procedures were designed to respond to risk of material misstatement in the financial statements,
recognising that the nsk of not detecting a m8terial risk due to fraud is higher than the risk of not detecting one
resulting from error as ftaud may invO￿e intentional concealment, forgery, collusion, omission or
misrepresentation. There are inherent limitations in the audit procedures performed and the further removed non-
compliance with laws and regulations is from events and transactions reflected in the financial statements, the less
likely we are to become aware of it.
A further description of our responsibilities is available on the Financial Reporting Council's webstte at.. https.'Il
www.frc.org.uklauditorsresponsibilities. This description forms part of our auditorfs report.
10

BEANNACHAR LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE BOARD OF TRUSTEES OF BEANf+JACHAR UMITED
This report is made solely to the charitable companvs members, as a body, in accordance with Chapter 3 of Part 16
of the CompaniesAct 2006. Our auditwork has been undertaken so that we might state to the charitable company's
members those matters we are required to state to them in an auditor's report and for no other purpose. To the
fullest extent permittèd by law, we do not accept or assume responsibility to anyone other than the charitable
company and the charitable company's members as a body, for our audit work, for this report, or forthe opinions we
have formed.
Hazel Nèllson
for and on behalf ofTawse & Partners
statutory Auditor
Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006
18 North Si￿er Street
Aberdeen
A810 1JU
30 March 2026

BEANNACHAR LIMITED
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Current financial year
Unrestricted Restricted
funds
nds
2025
2025
Total
Total
2025
2024
Notes
Income and endowments from:
Donations, gift aid and tax recoveries
Charrtable activities
Other income
37,887
2.322.258
34,531
2.001
39,888
2,322,258
39,349
22,824
2,244,323
134,996
4.818
Total Income
2,394,676
6,819
2,401,495
2,402,143
Expenditure on.,
Charitable activities
2,634,448
47,659 2,682,107 2,293,281
T¢tal resources expended
2,634,448
47,659 2.682,107 2,293,261
Net loutgolng)Ilncoming resources before
transfers
(239.772)
{40,840) 1280.6121
108,882
Gross transfers be￿een funds
(71
Net lexpenditureifincome for the yearl
Net movement in funds
(239,779)
(40,8331 1280,612)
108,882
Fund balances at 1 April 2024
278.628
358,283
636.911
528,029
Fund balances at 31 March 2025
38,849
317.450
356,299
636,911
The statement of financial activities also complies wtth the requirements for an income and expenditure account
underthe Companies Act 2006.
12-

BEANNACHAR UMITED
STATEMENT OF FINANCIAL ACTIVITIES ICONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Prior financial year
Unrestricted Restricted
nds
funds
2024
2024
Total
2024
Notes
Income and endowments from:
Donations, gift aid and lax recoveries
Charitable aclNities
Other in¢ome
18,642
2,244,323
41,844
4,182
22,824
2,244,323
134,996
93,152
Total income
2,304,809
97,334
2,402,143
Expenditure on:
Charitable actwities
2.225,725
67,536 2,293,261
Total resou rces expended
2,225,725
67,536 2,293,261
Net (outgolnglllncomlng resources before transfers
79,084
29,798
108,882
Net (expendlturelllncome for the yearl
Net movement in lunds
79,084
29,798
108,882
Fund balances at 1 April 2023
199,544
328,485
528,029
Fund balances at 31 March 2024
278.628
358,283
638.911
The statement of financial activities also complies with Ihe requirements for an income and expenditure account
undèrthe Companies A¢t 20C6.
13-

BEANNACHAR LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible assets
10
406,476
461.145
Current assets
Debtors
Cash at bank and in hand
12
251.262
131.908
243.731
396,845
383.170
640,576
Creditors: afflounts falling due within
one year
13
(433.347)
{484,8101
Net current Iliabilitiesyassets
(50.1771
175,766
Total assets less current liabilities
356,299
636,911
Income funds
Restricted funds
Unrestricted fijnds
17
317,450
38,849
358,283
278,628
356,299
636.911
These financi81 ststements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial staterrEnts were approved by the Board Of Trustees on 30 March 2028
rlson
stee
D Buchan
Trustee
Company Registration No. SC103915
14-

BEANNACHAR LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operating activities
Cash {absorbed by)Igenerated from
operations
21
(251,0981
312,106
Investing activities
Purchase of tangible r￿ed assets
Proceeds on disposal of tangible frxed
assets
115.295)
(99,126)
1.456
3.500
Net cash used In Investlng actlvlties
113,839)
195,626>
Net cash used rn financing activities
Net {decreasellincrease In cash and cash
equlvalent$
1284,937)
216,480
Cash and cash equivalents at be9innin9 of year
396,845
180,365
Cash and cash equivalents at end of year
131,908
396,845
15-

BEANNACHAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Company information
Beannachar Limited is a private company limrted by guarantee incorporated in Scotland. The registered office
is Brodies House, 31-33 Union Grove, Aberdeen. ABIO 6SD.
1.1 Accounting convention
The financial statements have been prepared in accordance wtth the charity's Memorandum and Articles of
Association, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts Iscotland)
Regulations 2006 las amended) and 'Accounting and Reporting by Charities.. Statement of Recornmended
Practic8 applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard
applicable in the UK and Republic of Ireland (FRS 102)° las amended for accounting periods commencing
from 1 January 2019). The charity 15 a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling. which is the functional currency of the charty. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial ststements have been preparèd under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Golng concern
The charity has continued to experience S￿nifiCant financial pressures duTbng the year, including rising
staffing ¢osls, increased national in$uran¢e and agency &xpendilure, and the wider cost-of-living impact on
food and utilities. These pressures have contributed to operating losses and negatwe cashflows. The charity
is dependent on the Local authorities providing the necessary funding to sustain the level of service required
to provide supported accommodation & work opportunities to adults with learning difficulties.
A Cashflow f¢re¢ast prepared by the senior leadership team for the period of 12 months from the expected
date of approval ol these financial statements indicates that, without additional support, the charity would face
cash deficit of appToximalely £177,000 at 31 March 2027. As at the date of approval of these financial
statements, the charty also has a working capital deficit.
The charily has no overdraft facility., however, the bank has indicated that it may provide short-term support if
required, bul no formal or committed facilty is in place. The charity also rents the grounds from a related
association, which has indicated they would consider short-term financial support if necessary. These
arrangements are informal and not ¢ontra¢tually committed.
The Board of Trustees 15 actively engaging with the relevant Local Authorities to request essential additional
funding tc support the continued delivery of services. At the date of approval of these financial statements,
extra funding has been granted by the Local Authorits"es to cover the cost of the national minimum wage
increase however no agreement for the requested additional funding for residential and day seryices has
been secured. This request is currently being considered by the Local Authortties. The Board is also reviewing
seTvice delivery models, overheads, and resource allocation. and FS explonng a new residential registralion
that may generate additional placements in the future.
The abilty of the chaiity to continue as a going concem is therefore dependent on securing additional funding
from Local Authorities andlor receiving continued short-term support from the bank and the related
association. These matters represent conditions that give rise to a material uncertainty which may cast
significant doubt on Ihe charity's abilty to continue as a going concern and therefore that it may be unable to
realise its assets and discharge r(s liabiif(ies in the normal course of business.
Nofwithstanding this material uncertainty. the Board of Trustees believe5 that, based on the actions being
taken, the anticipated additional funding from Local Authorities and the short term financial support expected
from other parties, rf( remains appropriate to prepare the financial statements on a going concern basis.
16-

BEANNACHAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
1.3 Charitable funds
Unrestricted ￿ndS are available for use at the discretion of the Board of Trustees in fiJrtheTance of their
charitable objectives.
Restricted funds comprise donations and grants iecetved for the financing of specific projects as spe¢ified by
the donor. The aim and use of restricted fvnds are detailed in note 17 to the financial statements.
1.4 Income
All income is recognised in the Ststement of Financial Activities when the conditions for receipt have been
met and there is reasonable assurance of receipt The foll¢)wing specffic policies are applied to particular
categories of income:
Voluntary income is received by way of donations, gifts, legacies and granl income and is included in full In
the Statement of Financial Activrties when received except in $0 far as they are incapable of financial
measurement. Cash donations are recognised on receipt Other donations are recognised once the charity
has been notiffed of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift AKI or deed5 of covenant is reco9nised at the time of
the donation.
Donated seNices and facilities are included at thè value to the charty where Ihis can be quanttfied. The value
of services provided by volunteers has not been included in these financial statements.
Income fr¢m charitable activtties represents fees, contributions and grants received and are attributable to the
charity's principal activity.
Rental income is rec6Iv8d from employees for a¢¢ommodalion and is recognised on a monthly basls.
Grant income is recognised once the charty is entitled to the income unless performance conditions require
deferral of the amount.
1.5 Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes VAT which
cannot be recovered. and is reported as part of the expenditure to which it relates.
Costs of charitable expenditure comprises the costs of care programmes undertaken by the charity and Is
accounted for when payable. It also included support costs which represent the staffing and associated costs
of supporting and monitoring the operations programmes for which the charity is responsible. In addition,
governance costs which represent expenditure associated with meeting the constitutional and statutory
requirements of the ch8nty. and include accountancy fees and Costs linked to the strategic management of
the charity, are included in the cosls of charitable expenditure.
1.8 Tangible fixed assets
Tangible fjxed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write
off the cost less estimated residual value of each asset over f(s expected useful life, as follows..
Tenant's improvements - general lund
Tenant's improvements - restricted fund
Plant and equipment- restricted fund
Plant and equipment- general fund
Motor vehicles - general fund
Motor vehicles - restricted fund
over the tenn of the lease
over the term of the lease
2&50% straight line
2&50% straighl line
25% reducing balance
250A reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference beiween Ihe sale
proceeds and Ihe carrying value of the asset and is recognised in the statement of financial activities.
17-

BEANNACHAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Accou nting policies
(Continued)
1.7 Impairment of fixed assets
A55ets not measured at fair value are reviewed for any indication that the asset may be irnpaired at ea¢h
balance sheét date. If such indication exists, the recoverable amount of the asset or the asset's cash
generating unit is estimated and compared to the carrying amount Wh&r8 Ihe carrying amount exceeds its
recoverable amount, an impairment loss is recognised in income and expenditure for the year unless Ihe
asset is carried at a revalued amount where the iryairment loss is a revaluation decrease.
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-teTrn liquid
Investments with original maturities of three months or less, and bank overdrats. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financlal Instruments
The charity has elected to apply the provisions of Section 11 'Basi¢ Financial Instruments, and Se¢tion 12
'Olher Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the chanvs balance sheet when the charity becomes party to the
contractual provisions of the inslrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on
nel basis or to realise the asset and Settle the liability simultaneously.
Baslc flnanclal assets
Basic financial assets. which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effectNe interest method unless the arrangement constitutes a financing transadion, where the transaction is
measured at the present value of the future receipts discounted at a market rate of inlerest. Financial assets
classified as receivable within one year are not amortised.
Baslc flnanclal Ilabllltles
Basic financial liabililies, including credrtors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction. where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rate method.
Trade credrtors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilfties if payment is due wrthin one
year or le55. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilrties are derecognised when the charr(￿5 contraclual obligations expire or are dis¢herged or
cancelled.
1.10 Taxation
The charity is recognised as a charity for the purposes of applicable taX8tion legislation and is therefore not
subject to taxation on its charitable activities.
18-

BEANNACHAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
{Continued)
1.11 Employee benèflts
The Cost of any unused holiday entitlement is recognised in the period in which the empk)yee's services are
received.
Temiination benefrts are recognised immediately as an expense when the charrty is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.
1.12 Retirement beneflts
The charity operates a defined contribution scheme for employees and co-workers. The assets ofthe scheme
are held separately from those of the charty- The annual contributions payablè are charged to the Statement
of Financial A¢lw(cies.
1.13 Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and
rewards of ownership to the lessees. All other leases are classified as operating leases.
Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of
inception and the present value of the minimum lease payments. The related liability is included in the
balance sheet as a finance lease obligation. Lease payments are treated as consisting of capit81 and interest
elements. The interest is charged to net incomellexpenditurel for the year so as to produce a constsnt
periodic rate of interest on the remaining balance of the liability.
Rentals payable under operating leases, including any lease incentives received, are charged as an expense
on a straight line basis over the term of the relevant lease.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the Board of Trustees are required to make judgements,
estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and undertying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both Current and future
periods.
19-

Ts * 41
z$￿
u rFJtD

o) ro c
rO)(NO

in v CQ Tfr
r£$ ai o (fi (Q
rlnrV>Ttr
orDNC
) a)-
ai(oin
(Dqjtrr￿
*O)pOIOry
4Y) (D Q Q)0
Ln p ¢O-
)0(L(n￿￿

BEANNACHAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Board Of Trustees
The Board of Trustees. who are directors for the purpose of company law. comprise of non-resident members.
Non-resident members are not paid any remuneralion or expenses for attending Trustee meetings.
During 2024 accommodation and travel costs of £775 were paid on behalf of 2 Trustees. No such costs were
paid during 2025.
Total Trustee and key management personnel remuneralion and benefits for the year were £180,427 (2024 -
£140,616). These costs include salaries, employer pension contributions and termination ￿st$.
Employees
The average monthly number of employees during the yearwas:
2025
Number
2024
Number
Carers, administration and support workers
54
51
Employment Costs
2025
2024
Wages and salaTies
Social security costs
Other pension costs
1,478.161
137,703
67,297
1,254,548
109,214
61,931
1.683,161
1,425,693
During the financial year. the charity incurred total temiination payments of £12,500.
The number of employees whos8 annual rerNneration was more than £60,000
is as follows:
2025
Number
2024
Number
60.001 to 70.000
Contributions totalling £3.58412024- £nil ) were made to defined contributs'on pension schemes on behalf of
employees whose emoluments exceed £80,000.
Taxatlon
The charity is exempt from tax due on income and gains falling within Section 505 of the Income and
Corporation Taxe5 Act 1988 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that
these are applied to ils charrtable objects. No tax charges have arisen in the charty.
-23-

BEANNACHAR UMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Tanglble fixed assets
Tenanvs Plant and
improvements equipment
Motor
vehicles
Total
Cost
At 1 April 2024
Additions
Disposals
363,940 137,925
15,295
{2,2081
229,093
730,958
15.295
(2,208)
At 31 March 2025
363.940 151,012
229,093
744,045
Depreciation and impalrment
At 1 April 2024
Depreciation charged in the year
Eliminated in respect of disposals
71,552
18.323
92.238
19,418
1752}
106,023
30.767
269,813
68,508
1752)
At 31 March 2025
89.875
110,904
136,790
337,569
Carrylng amount
At 31 March 2025
274,065
40,108
92,303
406,476
At 31 March 2024
292,388
45,687
123,070
461,145
11 Financial instruments
2025
2024
Carrying amount of financlal assets
Debt inslrumenls measured at amortised cost
356,672
609,612
Carrying amount of Ilnancial liabilities
Measured at an￿rtised cost
299,149
255,590
12 Debtors
2025
2024
Amounts falllng due wrthin one year".
Trade debtors
Other debto
Prepayments and accrued income
206,692
6,742
37.828
212,051
716
30,964
251,262
243,731
-24-

BEANNACHAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Creditors: amounts falling due within one year
2025
2024
Notes
other taxation and social security
Deferred income
Trade creditors
other creditors
Accruals
40,881
93.317
83,169
162,004
53,976
22,636
186,584
51,915
145,446
58,229
15
433,347
464,810
14 Limited Ilablllty
The charity is incorporated as a company limited by guarantee having no share capitsl and, in accordanc8
with the Memorandum of Association, every member is liable to contribute a sum of £1 in the event of the
company being wound up. At 31 March 2025 there were 4 members.
15 Deferred Income
2025
2024
Arising from deferred fee income
93.317
186,584
Income has been deferred for fee income which has been invoiced for periods In advance ofthe year end.
16 Retirement benefit schemes
Defined contribution schemes
The charity operates a defined contribLrtion pension scheme for all qualifying employees. The assets of the
scheme are held separately from those ofthe charty in an independently administered fund.
The charge to Statement of Financial Activity in respect of defined contnbution s¢herres for employees was
£67,29712024 - £61,931).
2i-

BEANNACHAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2025
17 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subjectto SP￿lf1¢ conditions by donors as to how they may be used.
At 1 April
2024
Incoming
resources
Resources
expended
At 31 March
2025
Transfers
New office fund
Electric vehicles lund
Laundry improvement fund
VDSF SVQ 2 fund
Community facilities fund
Greenhouse fund
8edroom fund
Conservatory fund
Drama fund
Garden tools fund
Roots & fruits
Gardening fund
205.889
126.993
204
4.020
10,957
9,040
409
271
500
(12,434)
(30.044)
193,455
96.949
204
4,020
9,332
5,800
371
{1,6251
{3,2401
(381
12781
500
1,001
4,818
1,000
1,001
4,818
1.000
358,283
6.819
(47,659)
317,450
Previous year:
At 1 April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
New office fund
Electric vehicles fund
Laundry improvement lund
VDSF SVQ 2 fund
Camphill Lafvia community fund
Community facilities fund
Greenhouse fund
Bedroom fund
ConseNatory fund
Drama fund
218,323
101,911
4,231
4,020
(12,434)
(40,059)
14,027)
205,8B9
126,993
204
4.020
65.141
882
14.709
12.552
750
2.800
500
18821
13,752)
13.512)
(341)
12,529)
10,957
9,040
409
271
500
328.485
97.334
(67,536)
358,283
26-

BEANNACHAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Restricted funds
(Continuedl
The new office fund represents income from fundraising a¢tiwties and donations that is to be spent on the
construction ofthe new office building.
The electric vehicle fund represents income recebved towards the cost of purchasing new electric vèhicles and
the instsllation of a charging station.
The laundry fund represents monies received for the purpose of improving the laundry.
The VDSF SVQ 2 fund represents funds ieceived for the purpose of providing SVQ 2 training to employees.
The Camphill Lafvia community fund represents fvndraising and donations towards fire damage at another
Camphill entty.
The communily facilities fund represenls income received to address climate change, enhancè communf(y
facilities and support creative sustsinable solutions.
The greenhouse fund repiesents income to support communty growing spaces.
The bedroom fund represents Income receNed to fumish the bedrooms of the one year gap volunteers who
live in the community.
The ¢onseNatory fund represents ftjnds received to refurbish the conservatory.
The drama fund represents funds received towards drama for young adults with a learnlng dksablllty.
The garden tools fund represents funds received for purchasing gardening tools.
The roots & fruits fiJnd represents fijnds received from the Meikle Carewe Wind Farm Communlty Fund for the
construction of a garden wash station and the purchase of garden equipment.
The gardening fund represents funds received forthe purchase of gardening equipment.
18 Analysis of net assets between funds
Unrestricted Restricted
funds
funds
2025
2025
Total
Unrestricted Restrlcted
funds
funds
2024
2024
Total
2025
2024
Fund balances at 31
March 2025 are
represented by.
Tangible assets
Current assetsl(li8bilities)
111,221
(72.372)
295,255
22.195
406,476
{50,177)
118,478
160,150
342,667
15,616
461,145
175,766
38,849
317,450
356.299
278,628
358,283
636,911
-27-

BEANNACHAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CON71NUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Operating lease commitments
At the reporting end date the charity had outstanding commrtments for future minimum lease payments under
non-cancellable operating leases. which fall due as follows:
2025
2024
Within one year
Be￿een I￿0 and fve years
ID over five years
195,809
781.460
1,827,144
1g4,717
776,132
2,021,177
2,804,413
2,992,026
During the year £195,809 (2024- £184,428) of lease payments were re￿gnIsed as an expense.
20 Related party transactions
There are no other related party transactions other than those disclosed in note 7.
21 Cash (absorbed byvgenerated from operations
2025
2024
(Deficitysurplus for the year
{280,6121
108,882
Adjustment5 for:
Lossl{gain l on disposal of tangible r￿ed assets
Depreciation and impaiiment of tangible fixed assets
12,918)
73,744
68,507
Movements in working capital:
Ilncreasel in debtors
Increase in creditors
(Decreaseyincrease in deferred income
{7,5311
61,804
(93,267)
180,9001
26,146
167,150
Cash (absorbed byllgenerated from operations
1251,098)
312.108
22 Analysis of changes in net funds
The charity had no material debt during the year.
-28-