st)P
REGISTERED COMPANY NUMBER: SC123918 (S¢otlAnd}
REGISTERED CHARITY NUMBER: SC017787
Report of the Trustees Atsd
Unaudlted FlnAne191 St#tements
for the Y•*r Endtd 31 Ortob¢r 202S
for
New PItsIIKo Communlty Busln¢sJ Umlted
SBP
Accountants
27 Finlayson Street
Fraserburgh
Aberdeenshire
AB43 9JQ

New PSts1igo Cornmunlty Business L4mited
Contents of the Fln411CIAI St4t¢m¢nt8
for the Year Ended 31 Ottober 21125
P&%e
Repori of ihe TnJ8teti
I to 2
Independent Examlner'8 R¢port
St•teJn¢n¢ of FlngntlAI Actlvltlei
B*lan¢¢ Sheet
Nolej to the Fln#nci*l St*temeoti
6 to 10
DetAlled Stitement of FlnanelAI Aetfvltlei

New Titsligo Community Bu8ine5s iAmlted
Report of the Trustees
for the Yewr E￿ded 31 Oetobtr 2025
The tN$tees who are &lso directors of the charity for the purposes of thc Companics Act 2006. pr¢5ent their report WLth
the financial statements of the charity for (he year ended 31 October 2Q25. The trustees havc adopred the Provisions of
Accountin8 and Reporting by Charities.. Statement of Recommended Practice applicable to Charities preparing their
accowiis in accordance with the Financial Reponing Standwd applicable in the UK and Republic of Ir¢land {FRS 1021
leffe¢tive l January 20191,
OBJECTIVES AND ACTIVITIES
ObJt¢tlve5 and aims
Thc objective of the charity is to provide 5UPPOrt for ¢ommunity groups.
ACHIEVEMENTS AND PERFORMANCE
Chxrltable activiti
We coniinue to lease the building the Charity owis at 70 High S(reet. New Pltsllgo. The contract runs until 2027 8Dd is
our marn source of income. The Tenants use the building to operate os An Indian restAuraiii, providing E4 welcomed
s¢tvic¢ to the community &s well employing local people.
Donations ihis year were rnade to a number of IDcal organisations including. the Public HRII. Bowling Club, Laee Club,
Two's Group. Pavillion, Mum and Toddlers Group. Rainbow5, Girl Guides, Brommies, Football Club, Junior, Senior and
Compllny Se¢iion Boy5 Brigodc. Anchor Boy. Community Council. WRI, Willows and AdvenNrz Children,
Entcrtainmeni and the Village Gala. All wer¢ greatly apprccialcd,
Seven Trusiees currently remain on the Board.
On behalf of the trustee5
Jennifer Gerrard
Trustee
stRUCTURE. GOVERNANCE AND MANAGEMENT
Covernlng document
The charity is cortlrolled by its governing documeni. e de￿ of trust, and con5titute5 & limited company, limited by
guarAthtee, as defined by the Companies A¢t 2006.
RTr:TrTr:RLNCE AND ADMINISTRATIVE DETAILS
RtKlslered Company number
SCI 23918 IS¢otl8nd)
Reglstered Chlrlty number
SC017787
Re¥l$iergd uffl¢
70 High Street
New Pitsli80
FrHs¢rburgh
Aberdeen5hire
AB43 6NL
Trn5tees
Mrs B White Hous¢wife (resigned 31.10.25)
Mrs A Srnith Catering Train¢r
Mr5 E K Campbell Clerical Assistant
Mrs K A Chapman Housewifc
Mrs L A Tiwse tArec¢or
Mr5 J E Gerrard Director
Ms J Whyte Grocer + Deli Owner
Page I

N¢w Pltsllgo Communlry Busluess Umlted
Report of the Tru8te¢J
for the Year Ended 31 Oetober 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Independtllt Ex*mlntr
R Birnie FCCA
SBP
Accountants
27 Finlayson Strcet
F￿erb￿￿8h
Abcrdecnshire
AB43 9JQ
Approved by order of the board of trustees on 29 July 2026 and SLgn¢d on its b¢h4lf by..
GéthJ-
MT5 J E G¢Trnrd- Trnstee
Page 2

Jnd¢p¢ndent ExRrnlner's Rtport to the Trn$tees of
New Pitsllgo Communlty Buslne55 Limited
I report on ihe ac¢ounts for thc year endtd 31 October 2025 set out on pages four to ten.
Resptctfve responslbllltles oftrusteeB and eiamlner
Th¢ ¢harity's truste¢s 8r¢ Tesponsible for the preparation of the aecount5 in aceordan¢¢ wirh the terms of thc Charities
and Trustce Investment IScot]and) Act 2005 and the Charities Accounts (Scoilandl Regulations 2006 ias amended). The
charity's trustees consider that the audit requirement of RegulAiion 1011)lal to (cl of the A¢¢ounts Regulations does not
apply. It is my responsibility to examine the accounts as required under Section 4411 11¢) of the Act and 10 5(ate whether
particular matters have come to my attention.
BHsis of the Independenl ¢14mhner's report
My examination w&s urried out in accordance with Regulation I l of th¢ Charities Accounts (Scotlandl Regulations
2006. An examination includes a review of the accounting records kept by the charity and a compari50n of the account5
prcsenled with those ¥ecords. It a150 includes consideration of any unusual items or diselosuTCS Ln the accounts. and
scckin8 explanations from you as irusiees conccming any such matters. The procedures undenaken do not piovide ill
the evidcncc that would bc rcquired in an audii, and consequently I do not express an audit opinion on the view 8iven by
thc a￿OUl1ts.
Independent ex*mln¢r'y $tgttment
In connectlon wth my examinAtion, no matter hfts come to my attention
111 which gives me reasonfftblc cause to believe th&t. in any material r¢5PeC¢. the requirements
to kecp accounting records in ac¢ordance with Section 44111181 of ihe 2003 Act and Regulation 4 of the 2006
Accounts Regulations, and
to prep&rc account5 wliich accord with th¢ g¢¢oun¢ing records to comply with RegUl￿10n 8 of the 2006
Accounts Re8lllaiions
have not been met. or
121 to whi¢h, in my opinion, attention should be drawn in order to enable a proper understanding of the &¢wun¢s to be
reached.
R Bimie FCCA
Thc Association of Chartered Cer
'ried Ac¢ounianis
SBP
AccniintAnt8
27 Finlay50n Street
Fraserburgh
Aberdeen5hire
AB43 9JQ
29 July 2026
Page 3

New Pltsjigo Communlty Busine55 Limited
St8tement of Financlal Actlvlties
for the Vesr Ended 31 Oc¢ob¢r 2025
31.10.25
Unrestrlcted
fund
31.10.24
Totsl
furtds
Notes
INCOME AND ENDOWMENTS FROM
Investment incom¢
10.642
EXPENDITURE O
ChArltabl¢ 4etlvltle$
Donations
4J40
2.600
Other
2th47
3.085
Totsl
7,187
5,685
NET INCOME
3,493
4.9S7
RECONCILIA TION OF FUNDS
Toial ￿ThdS brought forward
10&32
201,363
TOTAL FUNDS CARRIED FORWARD
209013
206.320
The notes form part of thtse finantial statements
Page 4

New Pitsligo Communlty Busines$ Limited
BAl8n¢¢ Sh¢et
31 Octobpr 21125
31.10.25
Unrestrlcttd
f￿nd
31.10.24
Total
fund5
Notas
FIXED ASSETS
Tangible &55ets
Investment propety
394
154.436
493
154,436
154,830
154,929
CURRENT ASSETS
Cash at bank
57,706
54,078
CREDITORS
Amounts falling duc wthin one y
12.783)
12,6871
NET CURRENT ASSETS
54,983
51.391
TOT AL A&SETS LLSS CURRENT
LIABILITIES
209,813
206.320
NET ASSETS
209013
206,320
FUNDS
Unrestrict¢d funds
2119J13
206,320
TOTAL FUNDS
2119013
206.320
The charitable company is enlitled ¢0 exemplion from audit und¢r S¢¢lion 477 of the Companies Aci 2006 for the ycar
ended 31 October 202S.
The memberj h&ve Trot required th¢ company to obtain an audit of its financial st8iem¢nis for the year ended
31 October 2025 in 8¢¢ordan¢e with Section 476 of the Compfinies Act 2006.
The t￿￿¢￿S acknowled8¢ their responsibilities for
(al
ensuring th* the charitable cornpany keeps accountin8 records that ¢omply Sections 386 and 387 of the
Companies Aet 2006 and
yILydJ&ii¥ fill￿1¥1￿41 sidleiileii￿ wlilLlI ¥lv¢ # Iru¥ Thlr vlew ofthe S.￿1￿ of affairA of the ehArlrAble comparty a8
#t thr end of each linancial year and of its 5urplLfs QT defjcit for each fJnan¢ial year in accordance with the
requirements of Scdion5 394 and 395 and whi¢h othen¥ise cornply with the requtr¢m¢nts of the Companies A¢l
2006 relgting to financial stfytem¢ntS. 50 fDr a5 applicable lo the charitable comphny.
{b}
Th¢5¢ financial statements have been prepared in accordance with the provision5 applicablc to charitsblc companies
subjeet Lo the small companies re8ime.
Thc financial stat¢menrs wcre approved by the Board of frusiees and iuthori5ed for issue on 29 July 2026 and were
siRned on it5 behalf by..
Mrs J E Gerrdrd- Trustee
The notes form part of these financial statements
Page S

New Pltsllgo Communlty Buslnoss Limited
Notes to the Fln8nci41 Sl4t¢ments
for the Year Ended 31 October 202S
ACCOUNTING POLICIES
B￿1$ of prep4rlng tbe IlnaTrelal statements
Tht financial statements of the eharilable company, which is a publi¢ benefit entity under FRS 102. htvt been
prepared in accordance with the ChaTilies SORP IFRS 1021 Acrounting and R¢porttng by Charities.. Statement
of Recommended Pr8Clice applicable to charities preparing their accounLs in accordance with the Finyn¢ial
Rcporting Siandard applicable in the UK and Republic of Ireland IFRS 1021 leifeciive l January 20191..
Financial kcporting Standard 102 'Thc Financial REpoi1ing Standard applicable in the UK and Republic of
Ireland, and the Componies Act 2006. The financial Statements have bcen prepared under the historical cost
conveniion.
Ineome
All income is reco8nised in the Si81ement of Financial Accivities once the chariry ha5 entitlement to the fvnds, it
is probable that the income will be r¢¢¢ived and the amount can be measured reliably.
EApendll￿rC
Liabilities are recognis¢d a5 expcnditure as soon as there is a legal or constructiv¢ obligaiion commiuing the
charity to that expenditure. IL is probabl¢ th&t A iransfer of economic benefit& will bc required in settlement and
the 8rnount of ihe obli8ation cAn be measured reliably. Expendirure is accountcd for on an accruals basis and has
been classified under headings that aggre8Rle all cosr relatcd to the catcgory. Where c05t5 cannot be direcily
attributed io particular headings ih¢y have been allocated to aciivities on a ba5L5 con515tent with the use of
resources.
Grants offered subjcct to condirions which have not b¢¢n me¢ at ihe year end datc are noted as a commitment bui
noi accrued as expenditure.
T4nilble Ilxed #s5ets
DeprcciAiion 15 provided ai the following annual rates irt order ¢0 Write off each asset over lis esiimatcd useful
life.
Equipment
Fixtures and fittings
Computer equipment
20% on reducing bv4l&nce
20% on redu¢in8 balance
33Yo on cost
T&n8ible fixed a$sds are Included a¢ Cos¢ less deprccration gnd impaimieni. The resId￿l value is reassessed dt
the end of eèch 2ccounlin8 period.
Inve$tmtnt property
The investment propety is reported at ¢05t.
TAxAtlon
The charity is excmpt frc*m ¢orpor4¢ion tu on its charitable activities.
Fund #ceouhting
Unre5tri¢t¢d fiJnd5 cin bc used in accordance with the charitable objectives At the dis¢retltsrt of the tru$t¢¢5.
Restricted funds can only be used for pa11icular restricted purposes within the objects of the charity. R¢5trictions
aris¢ when specified by ihe donor or when fund5 are raised for particular restricted purposes.
Further explanation of the nacure and purpose of each fijnd is included in the note5 to the financial statements.
lJebtor5 and trtdltors r¢c¢fvable Ipgygble wlthln one year
Debtors and creditor5 with no slated interest rdte and receivable or payable wthin one year are recorded ai
tran￿¢110￿ price. Any IossES arising from impatrmrnt arc recognised in th¢ profit and loss account in other
administrative costs.
Page 6
¢ontinued...

New Plt$llgo Commutslty Business tAmited
Note5 to the Flnaocl*l Statements- contffinued
ror the Year Ended 31 October 21)25
INVESTMENT INCOME
31.10.25
31.10.24
R¢nis re¢eivcd
Property insui'an¢¢ contribution
9,500
1.180
9.500
1,142
10.680
10,642
NET INCOMEIIEXPENDITUREI
N¢t income lexpendituitl is ststed after chargintylcreditin81'.
31.111.25
31.10.24
Depreciiiion. owmed assets
123
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustee5' remUner￿lOn or other benefits for the yur ended 31 October 2025 nor for ihe y￿r cnded
31 October 2024.
Trnrteu, oxptnses
There were no ¢rust¢es' expenses paid for the year ended 31 October 2025 nor for the yeEr ertded
31 October 2024.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
IIYCOME AND ENDOWMENTS FROM
Investment income
10,642
EXPENDITURE ON
Chirlt*blt Icllvltl
Donations
2,600
Other
3,085
Total
5,685
NET INCOME
4.9S7
RECONCILIATION OF FUNDS
Total fvnds brought forward
201,363
TOTAL FUNDS CARRIED FORWARD
206,320
Page 7
¢ontinued...

Neiv Pit51igo cornm￿￿1ty Bu51nt&s ijmlted
Not*s to the FthAncl81 StAtements- conlinued
ror the V¢9r Ended 31 October 2025
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Computer
equipment
Equipm¢nt
Totals
COST
At l November 2024 and 31 October 2025
3607S
11.594
460
58.929
DEPRECIATION
At l November 2024
Ch*r8c for year
36JSO
65
21,426
34
460
$8,436
99
At 31 Ociober 2Q25
36ffj15
21,460
460
58J35
NET BOOK VALUE
At 31 October 2025
261)
394
At 31 October 2024
325
168
493
INVESTME￿ PROPERTY
FAIR VALUE
Ai l November 2024
and 31 October 2025
154,436
NET BOOK VALUE
At 31 October 2025
IS4,436
At 31 October 2024
154,436
The investmenl property is reported ai ori8inal cost.
CREDITORS: AMOUNTS WALLING DUE WITHIN ONE YEAR
31.10.25
31.10.24
Accrned VApen8es
2,783
2,687
MOVEMENT IN FU]YDS
Noi
movement
in fijnds
At
.11.24
At
31.10.25
Unrestricted
General fund
206J20
3,493
209013
TOTAL FUNDS
211&320
3,493
2119.813
PAg¢ 8
continucd...

New Pltsllgo Community B￿siNesS Limited
Notes to the FIN*nclal Statements- continued
ror the Year Ended 31 Octob¢r 2025
MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows..
In¢oming
resources
R¢sovrc¢s
expended
Mov¢m¢nt
in funds
Unrestricted funds
GencrRI fijnd
10,680
(7,187)
3,493
TOTAL FUNDS
10.680
(7.187)
3.493
CornpRr8tlv¢$ for movement In tsnds
Net
movcmcnt
in fvnd5
At
At
31.10.24
Unre$trleted ￿TrdI
General fvnd
201.363
4,957
206,320
TOTAL Fuf4DS
201,363
4,957
206.320
Comparative net movement irt funds, included in the above are as follows..
Incomin8
resources
Resources
¢xpended
Moyemeni
in funds
Unrtstrl¢ted funds
General fvnd
10.642
15,685}
4.957
TOTAL FUNDS
10.642
15.6851
4.957
A currellt y¢ar 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
At
1.11.23
At
31.10.25
Unrestrltttd fvrtds
Gencral fund
201.363
8,450
209.813
TOTAL FUNDS
201,363
8.450
209,813
Pag¢ 9
coniinu¢d...

Neryv Pltsllgo Cornmunity Bu$ines8 Lirnittd
Notes to the Flnantlal St*tem¢nts- eontlnued
for the Y￿r Ended 31 October 2025
MOVEMENT IN FUNDS- contSnued
A current year 12 months and prior year 12 months combined net movement in fund5, included in the above are
as follow5..
Incoming
resources
Resources
cxpended
Movement
in ￿Thd$
Unre5trkted funds
Gener81 fund
21J22
112,8721
8.450
TOTAL FUNDS
21,322
112,8721
8.450
Th¢ Ge￿1￿1 Fund i5 ￿Sed for all ictivilies of the charity. There ar¢ no other unrestricted or restricted fvnds.
io.
RELA TED PARTY DISCLOSURES
Th¢Te were no relAied party trans￿lI0nS for th¢ year ended 31 Octobcr 2025.
Page 10

New Pitgligo Community Busine55 Limited
Detalled Staternent of FlnaDCi81 A¢tiYitie5
ror the Year End¢d 31 October 2025
31.10.25
31.10.24
INCOME AND ENDOWMEIYTS
Investment Income
Rents received
Property insurance contribution
9JOO
1.180
9.500
1.142
111,680
10.642
Total Ineomlng Msouyces
111,680
10,642
EXPENDITURE
Charltable A¢tlvStles
Donation5
4,540
2,600
Other
Property repairs & maint¢nance
Property insurance
298
1,180
949
1.142
1,478
2,091
Support costs
Minagement
Sundry expenses
Accounlancy
Depn of equiprnent
Depn of fixtures & fillings
70
1,000
65
34
27
844
42
1,169
994
Total rE50ufc¢5 ¢xp¢nded
7,187
S,685
Net Intom¢
3A93
4,957
This page does not forni part of the Statutory financial staternent5
Page 11