REGISTERED CHARITY NUM8ER: SC021892 Trustees. Re rtand Unaudited Financlal Statements for the Year Ended 1 March 2026 for arluke & District Youn Farmèrs Club Gordon Ferwson & Co Lid 76 Hamilton Roaij MotheThvell Lanarkshi ML1 3BY
Carluke & Di$tri¢l Youn Fam)•rs Club Trustees. Re for the Year Ended 1 March 2026 Thé trustè85 present their pOrt wilh Ihe financial statemènts ol the charity for the year ended 1 March 2026. The trustees have adopted the provisions of the Stslemenl of Recommended Practice ISORPI'Accounting and Reporting by Charilies. Issued in March 2005. The tnjstees have pleasurè in prèsèntin9 Iheir report and the audited financial stalernents of the charity for the year ended 1 March 2025. The chariws trustees are iesponsible for prèparing thè Trustees Annual Report and the financial $tementS in accordance with applicable law and Unrted Kingd¢yn A¢counling Slandards (United Kingdtsm Generally Accepted Accounting Practice). The law applicable to eharitiès in S¢oUand requires the twstees to prepare financial Statements for each financial year which give a true and lair view ol the slate of affairs of the charity and of the incorning sourceS and applic81ign of raVr¢e5 of the charity for that period. In preparing these financial statements. the tru5tee5 are required to". select suitable accounting policies and thèn apply them consistenuy. observe thtr mèthods and principles in the Charitiès SORP., make judgements and estimates Ihal are reasonable and prudent: slate %¥hether applicablè accountin9 Standards have been followed, subject to any material departures disclosed and gxplained in the financial stat•ments', prepare the financial statements on the going concem basts unless it is inapprowale to presurne that th8 charity will continue in operation. 7he trustee5 are responsible for keeping proper accounlFng record5 that disclose wth reasonable accuracy at any lime the financial position ol thè ¢harity and enable them to ensurè that the finanoal slalements comply with the Charities and TSlee Investrnent (Scotlandl Act 2005 and thè Charities Accounts IScollan¢Jl Regulations 2006. The Iruslees are also responsible lor safeguarding the a55ets of the charity and hence for taking reasonable steps lor thè pr8venlion and deteclion of fraud and other ifragularities. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity nurnber SC021892 Principal address Young Famiers Centre Inglislon Edinburgh EH28 8NE Trustees Tho trustees and Ihe members of the Managemenl Committee during the year are listed hereaftèr. All the members were elected ai Ihe Annual General Meeiing held on Tuesday 111n March 2025. and held office ihroughoul the year.. James Peat- President Nathan Parfelt- Chair Kirslie Young- Vice Chair Laura Douglas- Secretary Hazel Parfett- Assistant Secreiary Jo-ann Taylor- TasUrer Thomas Young- Assistanl Treasurer Robbie Gray- Ex-offieio Rachel Taylor- Ex-officio Eve Sneddon - Committee William Curriè- Sports Convenor Sarah Paterson - Committee Lindsey Haggart- CommEttee John Goulding - Committee Katie Goulding- Comrnittee Pamela Brodie- Concert Secretary Karen Millar- Sports Convenof Heather Currie - Committee Amy Douglas- Comrnittee Jack Young - Club Ledtjvr Mhairi Hall Club Leader Pagc I
Carluk• & District Youn Farmers Club TnJstee5' Re ort for th• Year Ended 1 March 2026 REFERENCE AND ADMINISTRATIVE DETAILS Indtpendent examiner Lynne McTaggart Institute of Chartered Accountants of Scotland Gordon Ferguson & Co Ltd 76 Hamilton Road Motherwell LanaFk5hir& ML1 38Y STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity ts controlled by its govemin9 documènl. 3 deed of trust, and conslrtules an unincorporated charity. Th• Carluke & Distiicl Young Farniers Club is an Unincorporat charity. The Chanty eStS to provide a grèater interest and efficiency in agriculture an(1 lo make rural life more attraciive lo youn9er member5 of the community by providing social amenities and mèans of heallhy recreab'on. The consb"tution was adopted al a rneeting held on 31 May 1993. The club wa5 approved by the Inland Revenue as a chanty ft)r the purposes of section 505 ICTA 1998 on 25 October 7993. It 15 recognised as a Scoth"5h charity. number SC021892. Recruiknent and appointm•nl of new tmst•e5 Tnjsiees ar8 appointed at the Annual General meeb.ng ol the club by the rnembers. Trustees must comply wth tha fil and proper iÈquirements before being accepted as a trustee. The members atso appoint membèrs lo committees al the AGM. Risk management The Irusleès recognise the need to safeguard the club's assets and to this end have a policy of only inv&sting in risk Ireg deposit accounts with UK banks. ACHIEVEMENT AND PERFORMANCE Charitsble activiti•s This was another successful and busy yèar for Cartuke Young FaIrna. ¥wth a promising influx of nèw members, particulady juniors. The dub hosted èvents throughout the year including.. sporting Èvenis. tug of war. new member nights, car treasure hunts and many more. We held another 9al UV paint paty dance. dtnner dance and Christmas dance this year- we hope this continues to be Such a big succes5 in fure yea(s. It was fantastic to see a great range of social events in the club calendar. We had selected The Haven as our charity to support this year. We held a charity mud njn, qur< night and coffee morning all in aid ofoLtr chosen charity- The Haven. All of these events were very well supported. We were welcomed back to Lana Memoiial Concert Hall for our annual vanety concert which w85 8 great hil 1th lusi under 50 rnambors laktn9 to the Slage. The club continues an excellent Trte of attendance at LanaFkshire. Wesl and National events- a big thanks must go lo all our members for their support and engagement throughout the year The number ofAffiliated Member5 for 2024125 was as follows... Membership Senior 2024125 New senior 45 Junitsr New junior Total 2024125 35 16 10 71 23 69 FUTURE DEVELOPMENTS The club shall continue lo organise activitie5 which meet Ihe obiecbves of the club. We shall continue to use social me(lia and the SAYFC website ès means of promob.ng our club. acknowjedging achievèrnents. keeping in touch with members past and present, and recruib.ng new members. Utilising the club social media pages to publicis* our photos and results from events is a great way to show what Carluke Young Farmer5 is all about. 11 continues to be an èxcellent a5sei in te(ms of attractsng and en¢ourdgir7g any potential new members. In the forthcorning year. we shall aim lo contsnue our successlul facwitsnent ¢Jrive. focusing on 8nsunng thal we are offering all our membets actimlies that they enjoy. and 11 continuè to add any new Qvenis Nvhich have goo¢J support to Ihe current syllabus. We wll also continue lo try and work within the local community where possible to allow us to promote the benefits ol Young Farmers and rural life to y(KtngSters. We ho that by mainlaining a busy syllabu5 that supports ()ur atms an¢J tha mombers, Interests keeping il fresh and the dub can conts.nue to go from strèngth Io stngth. Page ?
Carluke & Oistrict Youn Farniers Club Trnstees. Re for tho Year Ended 1 March 2026 Appioved by order of the board of trustees on 10 March 2026 and signed on its behalf by.. /To- loi)loY steè Pag¢ 3
Carluk• & District Youn Farmets Club Statement of Financial Activiti•s for the Year Ended 1 March 2026 Period 2.4.24 Year Ended 1.3.26 Total funds Unrèsrricted fund Restricted fund 1.3.25 Total runds INCOMING RESOURCES Incoming resourc•s from generated lunds Voluntsry income Note5 33.080 12.027 45,107 51.385 RESOURCES EXPENDEO Costs of generating funds Costs of generating voluntary income Fundraising trading". cost of goods sold and other costs 19.496 12.534 32,030 27.001 16.743 16,743 21.081 Total re$our¢es expendèd 36.239 12,534 48.773 48.082 NET INCOMINGIIOUTGOINGI RESOiIRCES RECONCILIATION OF FUNDS Total funds brought forward (3.159) 1507) 13,6661 3.303 16.191 33.237 49.428 46.125 TOTAL FUNDS CARRIED FORWARD 13.032 32.730 45.762 49.428 CONTINUING OPERATIONS All in¢oming resources and sOUrceS expended arise from ClInUing activit. Th¢ notes fonn part of ihese financial stsiem¢nts Page 5
Cartuke & Drstri¢t Youn Famiers Club Balance Sheet At 1 March 2026 1.3.26 Total fvnds Unrè51ricled fvnd 1.3.25 Total funds Restricted fund Notes CURRENT ASSETS Stocks Oeblors Cash at bank and in hand 1.438 2.325 9.269 1,438 2,625 41.699 300 32,430 1,393 5.166 42.870 13.032 32.730 45,762 49.429 CREDITORS Amounts falling due within one year NET CURRENT ASSETS 13.032 32.730 45,762 49.428 TOTAL ASSETS LESS CURRENT LJABILMES 13.032 32.730 45.762 49,428 NET ASSETS 13.032 32.730 45,762 49.428 FUNDS Unreslricted funds Reslricled funds 13.032 32,730 16.191 33.237 TOTAL FUNDS 45,762 49.428 The financial statements were approvad by the Board of Trust$es on 10 March 2026 and re signed on its bèhalf by.. Twstee The notes forn) pan of these financial staiern¢nrs Page 6
Carluke & Oistri¢t Youn Farmers Club Notes to Ihe Financial Statements for the Year Ended 1 March 2026 ACCOUNTING POLICIES Aecounting convontion The financial slalemenls have been pr8pared vnder Ihe historical cost convention. the Chanties and TSlee Investment (Scotlandl Act 2005 ar (he reqLEirements of Ihe Stalgrnent of Recommended Practice. Accounting and Reporting by chan"e5. Incoming resources All incoming resources are included on the Strtement of Financial Acb"vitses when the ¢harity Is legally entiued lo the income and thè amount can be quantified th asonable acGuracy. Re$ourc•$ gxp•nded Expenditure is accounted for on an accruals basis and ha5 been classifjeil under headings that aggiegale all C951 related to the category. Where costs cannot be dice¢Uy attn"buled io particular hèadings they have been allocatèd to acts"vilies on a basis consistent with the use ol re50urc85. Stoek$ Stocks are valued at tho lower ol cost and nel realisable value. after making due allowance for obsolfrlè and slow rnoving items. Taxation The chanty is exempt from tax on its charitable ac11e$. Fund aeeounting Unrestrictsd funds can be usèd in accordancè wilh thè Charitable objecb.ves al the dISCtion ol the Iruslees. Resln¢ted funds can only be used for particular reslncted purposes wthin th& objects of the charity. Reslrictions arise when s¢1ed by the donor or when lunds are raised for particular restricted purposes. Furthef expLqnation ol the nature and pUose ol each is included in Ihe notes to the financial statements. TRUSTEES, REMUNERATION AND BENEFirs There were no inJstees' remunerntion or othér benefits for the year ent1ed 1 March 2026 nor for the pèriod ended 1 Mar¢h 2025. Trustèes. expenses Thère werè no InJstees' expenses paid for Ihe year ended 1 March 2026 nor for the pèriod ended 1 March 2025. STOCKS 1.3.26 1.3.25 Stocks 1,438 1,393 DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 1.3.26 1.3.25 Trade debtors 2,625 5.166 CREDITORS: AMOUNTS FALLING OUE WH1N ONE YEAR 1.3.26 1.3.25 Trade creditors Pa8c 7
Carluk• & Oistri¢t Youn Famier5 Club Notès to ¢he Financial Statements continued for the Year Ended 1 March 2026 MOVEMENT IN FUNDS Net movement in funds Al 2.3.25 Unrestricted funds Unrestricted Fund At 1.3.26 16.191 Restricted fvnds Restricted Fund 13,1591 13,032 33.237 IS071 32.730 TOTAL FLINDS 49,428 13,6661 45.762 Net movement in nds, included in Ihè above are as follows- Incoming re50urce5 Resouros expended Movement in funds Unrestricted fund$ Unrestricted Fund 33.080 Restricted funds Restricted Fund {36,239) 13,1591 12.027 {12.5341 {S071 TOTAL FUNDS 45.107 {48.7731 13.6661 Comparativ•s for movement in funds Net movement in funds At 2.4.24 At 1.3.25 Unrestricted Funds Unrestricted Fund 11.967 4,224 Restricted Funds Restricted Fund 16.191 34.158 19211 33,237 TOTAL FUNDS 46.125 Comparative n81 movement in funds. induded in th& above are a5 follow5.' 3.303 49,428 InrA)ming Resources expendecl Movtsmenl in funds Unrestricted fvnds Unrestricted Fund 42,001 Restrictèd funds Reslricled Fund 137,7771 4.224 110,3051 19211 TOTAL FUNDS 51.385 {48.0821 3,303 Page 8
Carfukè & District Youn Famiers Club Detailed Statemènt of Ftnancial Activities for the Year Ended 1 March 2026 Pèriod 2.4.24 10 7.3.25 Year En(led 1.3.Z6 INCOMING RESOURCES Voluntary income Club Dance5 Other Events Interest Receivable Grant Received Annual Conort Other Income Uncashèd Chequè5 Donale(J seTvice5 and facilrties Membership fees 25.152 5.564 390 32 12.027 62 29.400 8.302 551 43 9,383 58 1.910 1,737 1.880 45.107 51.385 Total incoming resources 45.107 57,385 RESOURCES EXPENDED Costs of 9eneratin9 voluntary income Administrative expenses Membership lo national 24.535 7.495 19,559 7,442 32.030 27,001 Fundraising tradin9.' Cost of goods sold and other ¢osts Openin9 Stock Club Dances Other Events Closing stock 1.393 10.901 5.887 11,4381 839 13.154 7.653 15651 16.743 21,081 Total resourc•$ oxpended 48.773 48,082 Nat lexpendituroifincome 13.6661 3,303 This page does noi fonn part ofihe $th10ry financial statcmen Pase 9
Indc endeni Exminer's Re CarIuke &. Di5trici l-oun rt to ihe Trvstees (trf Farmer5 Club I report on the account5 for the year ended 1 March 2026 sel ojl on pa9es five lo eight. Rèspé¢tive T•sponsibiliti•5 of trusteès and •xamin•r The charTly's trustees are re5pon5ible lor the preparalion of the ac¢ounls in accordance with the terms ¢f the Charities and Twsiee Inveslmenl Iscouandl Act 2005 and the Charilres Accounts {Scollandl Regulations 2006 las amended). The chaniys twsl6es consider that the audit requirement ol Regulation 1011llal to Icl of the Accounts Regulations does not apply. 11 is my responsibility to examinè the accounts as require(l under Section 4417llcl of the Act and lo stète whether particulai rnatters have come to my attention. Basis of the indep•nd•n¢ examinerfs roport My examination was canied out in accordance th Regulats"on 11 of the Chariiies Accounls (Scotlandl Regulations 2006 las amende¢l. An exarnination indudes a review of the accounting records kept by the charity antj a comparison of the accounts presented wth those records. 11 also includes consideraiion of any unusual ilèrns or ¢Y15c105Ufes in the accounls. and seeking explanations Irom as trusiees concerning any such matters. The procedures undertaken do not prowde all the evidence that would be requirèd in an audit. and consequently I do not expSS an audit opinion on the view given by thè accounts. Indgpendent examinerfs $tattment In the course of my examination. no mattel has come to my attenhon.. whi¢h gives me reasonable cause lo beliève that. in any material iespect. the requi18rnents to ktrep accounting cordS in accordance with Seth"on 441IXal of the 2005 Act and Regulation 4 of the 2006 Accounts Reg¢Jlations'. and lo ppar+ accovnls %hi¢h accord with the a¢xounting racord5 and to comply Regulation 8 of the 2006 Accounts Regulations have not bètsn met.- or 121 lo which. in my opinion, attention Should be drawn in ord&r to enable a proper undèrstanding ol the accounts to be reached. Lynne McTaggart Institute of Charted Accountants ofscouand Gordon Fèrgu50n & Co Ltd 76 Harnilton Road Motherwell Lanarkshire tL1 38Y 10 March 2026 Pa¥e 4