Shetland Ald Trust Scottlsh Charfty No. SC020834 Trustees, Report and Statutory Annual Accounts Year Endlng 31 Augus(2025 Shetland Aid Trust Contents 1. Refferen￿ and AdninistTrlbve InformatM)n Z Rewt of Trustees 3. Repcxt of the Independent Examwler 10 4. Receipts and Payirents 11 S. Balance Sho8t 12 8. Cash Fkwi 13 7. Nc*gs to the P%counts 14 Shetland Aid Trust Reference and Administrative Infomiatlon Ch¥ty N Sh8llwKI A41 Trust Scotti8h Ch*ity Reg*trthn Numb SC020834 CoLbnty of Registration Addre81 Seafietd H￿•8. LERWCK Shthd ZE1 ORN Ind•per*Jent Examlnw JIM Clark Hil Upper Sound. LERWCK ZE1 OJZ B•nko11 117, ComTh*rc￿l Street, LERVIICK Str￿nd ZE1 IfJL Mombern of the Bowd d Trusta••. e•NwJ duriw the and up to the dats ol thh report ale 88 foltr*8'. Chair Treasuror Maurice Anderson T￿nrny tsk Df 8ruce Clwnin80n Rosemary Cros8 CtNe Jarn￿n Defry Meredith John Ni$b81 Jane Pembrc*e Chair Shetland Ald Trust Report of the Trustees for the year ending 31 August. 2025 The Board of Trustees PTesent the5r annual report and statutory annual accounts for Sheland Aid Trust lor the year ended 31 Augu$l 2025. The financlai Ststemgnts compty with tho Chaiii*s and T￿¥t0¢ Investmant IScotsrKI> Act 2WS rthe Act'i. the Charitw Accounts (Scdlandl ReguLqtions 2006 (as amended). the ShetL4nd Ald Twst's f￿ndIng Trust Daed and dher applicable knvs and regulatio￿. 'As we look back to the year 202&2S, we look with gratitudg for 811 the poople wothing for... organisalions Irwolved in ... the work of the Sh8tlar>d Trust. We have n(w been workirvJ to hel) the F￿￿eSt people in Europg for 33 years with Godg guidance and heb ... and we are wnazwj by h¢y4V muth has been achI￿ed in those yearn. It ￿71[ be helpful lo includ& a brief Syno￿[8 of that we have done In those 33 years, as well 8$ our workfor the financlal year to which this report relates.. yearty trips to Abania 1992 for 20 years. delivering much appreaated aid to the very impoverished mountainous region In the northem part of Alb8nia around the tcA¥n of Kuko8 from the same lime up until the present, V￿ have given yearty finan¢ial support to an orphanage in Gllroca8tra. Albankq, known a5 The Hiding Place. run by a Christian Dutch Charity lo very hKJh starKlards of care in 1999 and 2(Y)1. sent lorries of aid to a hospital in Strelno. Poland. this was before Pc4and became part of the European Unton - and saved this hospit￿ ... the onty one in tw of 50,000 Peop￿ ... from ckj'sing from 1999 to 2019, we sent a team to Ru881a yearty ... and S￿18t11T*S more ¢)ften ... to provKle edU￿tIon and training in palliative medlcine and care lo the fiedgling ￿)SpiCe in Ihe cty of Samara. In this area, wth the same size popuEation a8 Sco￿and, no one had ever PTOVKled this kiTrd of care before ... and so ... there was no teaching av8llable to help this new hosrice. We have ncNI been to Russkq about 28 times over the 21 years and provided education and training in ￿spiCe$, hospitals and untversitie$ all over the Russian Federation. including in Moscow. Presenty. due fir8tty lo the Covtrd-19 pandemic, and nowlo the war, we have had to pouse our work there since 2012, we have supported Btythswood Car• by sending them. se￿ra1 limes per year. huge commercial trailers full of nearty new ek)thes and other useful things lor them to send to e¢)untries, mainly arourKI the western border of Russia. where son* of the nK*t dire povety in Europe is found su)ce 2013. we Iwe been uivow in suppthng Bbthsvthd Care with Ihelr Shcebox campaign eath Autumn. Shceboxes a￿ decorated by folk in Sheuand and filled with various useful items. like hats, scarves and gloves, toothbwshes and toothpaste, 808p and shampcK). and candles, and some luxury items like boiled sweets. Before th6 Covid-19 pandemic. we were sendlng about 1300 10 1400 Bhoeboxes each year. but. 8lnce the pandemic. thk8 has dropped to tess than 1000 Shedand Aid Trust Report of the Trustees for the year ending 31 Augus(2025 ftx many years have provthd financial to ch￿￿￿1 dowig that we fo01 Is realty important ... mainty tlue that are alr6ady provlding humanrtarsan help in uk￿Tre and other countries that border RLffj8iA as *EII 85 to The Hiding Pl8ce OrPh￿age, other4 r•Car￿ qu4ty ¢kthiw aThJ othw thJnated goodJ fr(Yn fo* frLYn an over Sh8tl8nd and wo have Yo￿nteerS WIK* vANk in our huge 5tornge unit rtho Shed.) on Ladie8 Drive in LepM¢k to sort ttr* cklhs into mole and lemale and drfferenl oge groLPS ar*J eAh•r• who load theso in iabelled bag8 into our Iras*r that 18 based at the Shed th• Ifalsvr tskes Ihe8e d(th￿ and other thnatsd wc*Js lo be dmlrfbuted by BtythSwc￿d olh•f ck*hlng and dher donat•d go(xts we sL*I in our wp slw hekl in LÉTh*Kk two ty thrw Iwnes per year. gift8, ar￿ the make. provkle us wilh furth abl• lo 9tr4e to charitss do w ftMx* gwj our beh*l we qr¥e finarKial support to the HidSrvJ Pkn Orphanaqe 8100 glve fin8rri01 help lo several chariknes th)ing excell•nl work in Ukraine olhor Ara8• a• we bexrfne wware of thme neetty situatkm. We a debt of thanks lo rn￿Y #upport I￿ TAtyk of Sl*Uond AKI Tru a •r• indebted to thoAe ¥tho gi￿ and del1￿ al the and clP*r goods to the Sh are •kn gratdul lo thcu who donate dwedty to the TN•t we are w 9ratefvl to the Corryani￿ that See lo the Maintenan￿ of the trailer and take our trall8r to and frc¥n the Northllnk baw In Lepwi¢k. Many thanks loo to Northward8. DH M8rtn•, Drive ShetLand, RS Henderwn, Garriock Bros. and other partners invow in 8UPPOrting i)ur wth. Spodal thank5 go to Northllnk Fenio1. who lako lo&Jed tr81Ser to Abe￿n and bring an empty one back three or louT times pw year al cost lo us ... WIth￿rt this it woukl b? mu¢h harder to supwt BtythI*￿Od. and. thnwh thwn. the rKxy of Central Eumpe, in are $0 grateful tr> th? marry pw4&. thITehes and 8thc¥Jkn. covering the •trthboxe# beautifulty. and prtrliding the eArtents ... whlth ntr•AdayA can easiky co•t £30 LY more per 8hoebox Thank y￿j so much I and of ¢￿J1•• O>j￿ rKrt do we do with￿t the Inctedble •upport of our hard￿￿TkITh9 volunt••rn at the Shed and who run the popup strws ... thank you all w much IFY. my thank$ to the TrusIe￿. wtK• meet wulaty Ihrougl#xrt the yw to the runntTrJ ofthe Sl*tl8nd A*S Tnmt So ... th•nk• to all inNWrfed in w8y•. Dr BnKe Clemln• Shetland Ald Trust Report of the Trusteos for the year endlng 31 Augusl 2025 Shetland AKI Tnot was ¢stabli%h*l ty th• Chri#w c¢xnftwnt¥ in 1992. In re8p)nse to the ne&Js d a r￿￿10 c¢mmLmity in the Abanian rThiuntain$. Many Shèlland folk e¢ntrlIMJ￿I to this effort. 7•ath tho Trust taking knies k•knJ ¥ffjth dMat•d I?￿UrCeS to help families and to rofu￿lsh a sctrhxA and a h08Pital. Slnc8 than thg Tru81'8 work has b￿th•d and, whde it r•rMirA •n Y*gnd•nt charty, it also work8 wtth Btylh¥wood Care and ¢Aher christs￿ grassr&* charitm to mayimise h InyxL Shthnd Akl Tru￿* chaTtt&)l• or• Mt cxrt li its tnmt d••d. whth vrds e•labli¥h•J on 7th October. 1992. am: o make gmt8 or h)ans. with or WIth￿j1 inlérnst. of th Income or caprtal of thé Trust fund lor •ry pUrpO￿S vthich. in tho 8018 opinlcffl of the TTUitees, •r• the rel￿1 iuff¢ring. Ihe prcNisbn ol matenal •rwJ medk81 aKI. tho lurther*rKa of educatwx and th proVi￿on of Bibles tnd Christian Literaturn lo irmlividuas. uganisth'(ms arvj cebox chanty appeal. th8 Trusfs lur#d8 for its Charit￿ wo DurirvJ the year, the Trust ran two popup shops in October and m￿1. rai￿n9 alnwt £28,0(10. The Trust was al80 at48 to four 8hlpplng conlalnern lul gcKAts to Blythswc Thwe ¥ras a chartty concert in December at Ler*%k B¥ist Church. ratsed alm08t £1.000. As a r95uIi trustees w¥re also ab￿ to provide granls to The HKliry Place Orpharw, The Slavic GosFel As$￿13t￿n, Tearfund. DO￿ of Hope and CLqN Cancer Supwt. twthiies and sLpPOrte￿ and aboLrt in tre kxal rxrnmunity as at charity events The Trust's annual general meeting i8 open to the pubkwh¢re the trustees, annual report and independently serutinised financial rwrt are presented. Trustee contact detsils are publicty available in th8 Trusfs brcKhures and Iheir are a published on th8 ￿b$it6 ofthe oifKe ol the s¢￿ Charity Regulatcrf {"OSCRI. tly have heard stories ol iThlividual chldren who have bernffted the wort of Th• Hiding Plax.. Christrnas ￿lebrationS whero families are too poor to support them.. chikjrèn supwrted lo attend kinderyarten and and devekyng I￿1r Christian farth as well as day to day $UPF¥)rt for bU￿dIng maintena￿e with fumtbjrè for the thiklren's rooms and a nv playgr￿nd the Trusl's SUPF¢At lo Tearfund has U*ir io trail bxal chur¢hes arourKI the a donati￿ to CLAN Caneer &Jpport has suppcrttal their one4￿￿ sessions massage ad refiaxokoy thefapies and gmup sessions for their ciients to Sha￿ their exPer￿ceS The Slavic Gospd A880ciation has sald that the Trust's donalkm mgke a differgnce to the Iv4e8 ofthc60 they s•r4• in Eastwn Eurcpe. Cerllral Asia and Far East Russia Shetland Aid Trust Report of the Trustees for the year ending 31 AugusL 2025 in Shetland Trust's reports Its finances on a Thbjdified cash a¢o)unting basis. l•yout ol the 8talLrtory aceaunts has been changed this year better to show the income ald dlrecl expenditure related to the Trust's tharitth adv4itth and to d*tingul8h exceptiCfi81 lon￿ff) inwne or costs which w(ll n¢* be rewed in future Sm year ha¥¢ tharwed sfvjhtty 48 a T65uIt. A cashlPJw statement is Wbck*ded to distsrquith CW frnm th• Trurf• to day expendiluro. Inccrn for the year *8$ £35,7061£44,030) and dlrncl Chafft•b￿ Spenthng w88 £22.051 (£28. 780). Al tho end crf August, 2025, th• Trusl had made a surplus of £7.990 {£6.6431. As a r•￿tt. Tru¥V$ resernw at th• yew end had incr••8*J to £61,8321£53,842). Th•r• was £14,661 {£13.09n cash wilh Bart cl Scouand. fund4aiiing •V￿ts was $wJnifunty at £28,947 (£40.508). Pernonal don•tlon$ wern £2,616 (r2,612). Spending The Tru•t charitat49 don•tkn• durlnq the year to wlsatm farri]ies of £20,660 (£28.050). Fund48b•irYJ ¢08ts £1IM (£no) I)wrt￿l (•xtkKliry •x¢¢pknl colts) m £S,666 {£5.460). Capital Expendlture The Trust sp•nt £8,436 of ts Inc¢ff* In the year on a rnpl•c•n•nt trader usod to tr•n8POrt go)d$ to and from BtythSWo￿ Care and •quW for the forkllft truck used al the Shed. fw c￿. was I￿rI￿d in 202*25. Ch8nT8bl• Res&Nfs The Trn8t's charitable free reser￿¥ of £3,363 {£1.869> at t1￿ orKI olthe y8ar were sufficlent lo mointain Imrhèads for arourKI sffin mMths. Restrtded reserves ts Shetland Trust in re*ion lo Samara vme £11.2881£11.228). No eynditure was irKurred during tr* year. lo the continuing war in Ukrainè, whith restricts The TruJte8s' polKy to dispen￿ largely in the year In whkh tlw are raised. maintsining 6uffid•nt reserves to frnsure the day lo day operath)n8 Df the Trust can continuo. Shetland Ald Trust Report of the Trustees for the year endlng 31 August, 2025 ShetlarMI Akj Trust's tru8tee8 are lsted al the start of Ihls do¢ument. Th¢fe hwe been no changes to Trustees during the year and until the dat6 of this report. Al char6ty Iruslees in S¢oU8nd ho￿ 8 range of legal dutios 8nd re8pon8ibiliti88 under the Act. In partkulgr, t1￿ Trusfs trustee8 have eommltted to: l) pursue opportunibes for witne88 8nd mlsskn through the Trust'l VKJrk wherever approprfate lil be the 9uardlan8 of tho Shetlond Ald Tru81'8 purpose lill make $urn all d¢¢isions pul the n•od8 of benefi¢l8rle8 flr81. From lime lo It￿. new trustees arg r•crulted from the local ¢ommunty. who hold to the Chrlstlan tenel8 of tho Tnbst's charitabie ot4ects. New tN8tees are Ind¢Jcted and Iralned Ihrwgh involvement In the Tru$l's acti%nti6s and W0￿1ng alongside existing tru•l¢e8. Tru8tQos met •lx tirw during 21y2¥26. The Scoltlsh Fund-Ralslng Standardi Ponel overseos regulatlon of fiJnd4ol8lng, In line wtth thé Code of Fund-Roising Practice. Tru$l008 have •ought lo abido by CLxle of Fund-Rai8ing Pr*tko and ore nol aware of 8ny Instance8 where It8 requlrements have been breached,. nor are InAte•$ aware of any complalnts In reLallon to fund-raislng activitle•. Thg Tru81 doe8 not undgrtake dC1x-t¢A￿, facevttrface or direct m•il fund-faising. Publi fvn&r•i$inq in general is currentty limited lo the specific charitable evont8 OLrtllned 8arlier in th roport. Tho Tru$l ho8 not any profo$8k)n81 fvnd-ralsern. The Trust relie8 on the availablllty and dedlcatlon of its volunteern 8nd 8UPPOrter8 to ¢ontinue It8 actfvhle8. Should volunteers not be avallgblè, ITU8lee8 wouhj nood lo curt811 the octivmes of the Trust a¢cordlngly. The TTU8118 onty able to prowde support lo rts boneficiaries thThgh the genèrous donation of goods and money by ShetlarKI f¢)Ik and others. The volume of such 6)nations18 variable and Trustees must manage the charity's resourc68 tthng account of thi8 V8riabilhy. Foll¢JYing the purchase of a new trailer durfng the year, after the year end, the old trailer was sold at a tOS8 to book value For the year, wè ￿¢8 again pLan to Nn at le08t popup ak)ng wlh tho occasional sale of goods directty from the Shed or on Facebook Vle hq)8 also to nm other orwff charity furKtsrai8lng events. Shètland Aid Trust Report of the Trustses for the year endlng 31 August, 2025 The Shed Mntinues to be with dwted gcLMl$ and ¢xKe a9￿ exped to send four C￿l￿ne￿ to B￿rthS￿r0d for om¥ard dmtribthlL￿. ¢Mtinue lo $upport other charibes, In￿dIng Ihose based in Shetlarrtl. *ith mondary grant& IP may con$kler grants to charitios that ha4* nol Pfewusty teneffted frcrfn the Tru8t'3 work Trnslees we currentty k>)king best to support thr Shetland ￿￿munty devdopment group$ Wh￿ dlYJ8 aiigns with Shedand Aid Tru8L TnJst¢e8 wlll ¢on$iYor whthr il 18 8onoiblo to Incorw)r* the Tw•l'8 a(INitl81 urnjw a Scottish Charitable Incorporated Ofgantsauon. Try CO￿lder cAher ¢hang68 to the TN8Ys govemance arrangemnts to ensure that decisio￿ry ¢•n be re8FKV*S¥* to that aro brnught beforn th￿n during tho yoar. We'r• ￿X￿n9 1¢)rIA￿ th• Tfu•f• 35th bh11ty kn 2￿271 Th18 rewt wa8 appro%*d by thg Tru¥t801 on 14th May. 2￿6 arKI syr•d on Ih•lr b￿￿11 Maurice Andernon, Trusteo Shetland Ald Trust RegLd*n 1￿1) {dl oftho 2Cth R•JulavM does nol Wty. It18 ry rewxthjty to ffxankn• th• as requlrnd wths•c4Ixi 44(1) (C) ofts* A(18￿ . ts * acox4* ts>xds h wx¥dww S*1kn44(1) (•) thfthe 2005kt•vJ 4 of thD 20(￿A￿￿xmts R•gulallo Jtrn Cth D&l&11mY2Q28 P•P1• Shetland Ald Trust Recelpts and Payments Account ft)r the year end5ng 31 August. 2025 2026 2024 Charltabl• R e•1 t• ctsrttab￿ Dornlor Cthha8 Perx)nal Samara ￿￿¥piC•. FurnJTaisiThJ ActiNitie• Otr￿f *Kome Exeplional Receipts 997 2,555 60 28.947 500 2,572 40 40,$88 350 3,147 Totsl Ch•rltsblo R•c•lpts 35.706 44,030 m•n for Charltabl• Ae Grarts arxl Oonalorns Restrcted Grants ar#J Dom￿Or0 Olhr Grart￿onall0fryO C08101 F￿￿ra151ry 20.550 1.501 28.050 730 Total P•ym•nts for Dtr•¢t Co•t• 22.061 28,780 ro•• Incom• 13,656 15,250 h•r Pa Vehldgs aTrJ trtyura￿e$ Property Co¥ts Offico Costs Otsr Pa￿nants ExcepUor471 Pawnerts 2,118 1.824 1.906 2,088 540 926 3,147 1.723 Totsl Other P•ym•nts 5.665 8,807 Incom• forY•ar beft>re D8prnC￿1I0n 7￿90 6,643 Depreclalon N•t Incom• lor Yoarafter D•pr•elatk>n ' m•rt•d wlth•nastarf8kls re&ii¢J*O.P41 otherlnwm• li unf￿￿@￿. IS•• NOtV8 ki I￿n￿.) Shetland Ald Trust Balance Sheet as at 31 August, 2025 31108125 31108124 Assèts and Llabilltles od Assets Buildir@- Skd Veht¢les includir8 Tr81br 35.210 11,971 35,210 5,535 Total Flx&d A•s•ts 47,181 40,745 ¢urrnnt A8Sè Bank 14,651 13,097 Totsl CuTr•nt A••ots 14,651 13,097 Total A88•ts 61.832 Accumulatsd Not Incomo Bal&r￿e BroLyht FoThvard Nel hcome forthe Year 53.842 7.990 47,199 6,643 Total A¢¢umul•ted Net In¢om• 53,842 Approved by the Trustees on 14th May, 2026 and signed on their behalf by Mguri¢e Anderson, Tru8t88 PIP12 Shetland Aid Trust Cashflow Statemènt for the year end5ng 31 August. 2025 2028 2024 etc •hE rnod arlt*bl8 Actlvltl Net IKom• Pari¢xl 7.990 6,843 Depreclabon Los¥ on Dl$po$al kntere$l ReCeI￿d Total N•t Ci•h Eirn•d from CharStabl• Actlvltlol 7,990 6,642 C•8hflow Inv•o Purchase of Fixad Assets kntere$t Re¢glN*d 4.436 .1,070 Total N•t ¢••h U••d kn knv••tlng 4A38 -1,089 C••h d In Fln*n Actlvl Chan •lnC •hlnth• Chang• In CA•h In th• Y•ar 1,564 6&73 Ca$h att￿8 Startofthe Year 13.097 7.524 Ca•h at th• End ofth• Y••r 14,681 Shetland Ald Trust Notes to Accounts for the year endlng 31 Augusc 2025 2025 2024 Funds- Samara Th￿e dorntior* are made Aid Tn￿ in r•lation to Samarn. Saff0ra Forwwd 11228 11.188 Roceipts for ts Year Payrnnts for ts Year 40 Samarn Fund• CaThlgd Fom 11288 11,228 2 othor kneom• VAT ktome o¥*r E>p rtere8t 349 Total Oth•r kn¢om• 350 3 Ex¢• tloft*l R•c•l ts and Pa m•ft -3147 RefLr*J of E)¢•8s Elodrieitycosts 3.147 3,147 4147 Fol(MiThJ a charge in 5￿p￿er in 202>24, ts Chan"tyvrdS eharged 8￿￿17<￿ty costs b¢￿TKI its a￿rage Lwe. Fi)*ywtry r￿b"abO14 tkn ￿re ￿f￿)ded In 202425 er 1,145 114 170 S&)8criptior6 Genernl Eyr￿8 VAT Ewe￿ o*r 363 29 Total Other Exp•n••• 1,723 926