Crichton Collegiate Church Trust la company limited by guarantee) Directors, report and unaudited financial statements Registered number SC152207 Scottish charity number SC022901 for the year ended 31 October 2025 Crielrton. FinalisJ 2025 artts.pd1 tt¥JthknJ7f789442M314L65c4eaf6188] P*Jp'. 1115
Crichton Coll8giat& Church Trust la company limi(ed by guarantee) Unaudited financial statements Yèat bndèd 31 Octobèr 2025 Contents Pa3e Company information Directors. report Independerrt Examlnefs Report Slatement of financial activities lincorporating the income and expenditure account} Balance sheet Notes to the financial statements Crielrton. FinalisJ 2025 artts.pd1 tt¥JthknJ7f789442M314L65c4eaf6188] P*Jp'. 2 115
Crichton Collogiato Church Trust la company limi(ed by guarantee) Unaudited financial statements Yèar ènd8d 31 Octobai 2025 Company information Patrons Captain Geuge Bumet LVO Directo George Henry Duncan {Chaimanl Peter Menzies Smaill Rtchard Callander George Kenlleth Drummond Cor5ar Harriet Lucy Roden Oalrymple Kathryn Yvonne Robertson IHon Treasurer) Reverend Robert Russell Simpsc Registered office Crichton Collegiate Churth Cricht( Pathhead Midlothian EH37 5XA Cornpany number SC152207 Scottish charity nurnber SC022901 Independent Examiner Andrew Niblock Henderson Loggie LLP Level 5 The Stamp Office 10-14 Watedoo Pla Edinburgh EH13EG Crielrton. FinalisJ 2025 artts.pd1 tt¥JthknJ7f789442M314L65c4eaf6188] P*Jp'. 3 115
Crichton Collogiato Church Trust la company limi(ed by guarantee) Unaudited financial statements Yèar ènd8d 31 Octobai 2025 Directors, report for the year ended 31 October 2025 The directors {who are also trustees of the charitable company for the purkN)ses of charty law) have pleasure in presenting their feport and financial statements for the year ended 31 OCtor 2025. The information set tyJI on page 1 fCffi part of this report. Structure. govoman( and management Govemlng document The charitable company is conlrolled by its Memorandum and Articles of Association and constitutes a company limited by guarantee as defined by the Companies Act 2006. RecRuitment and appointment of new directors The procedures for recrurtment and appointnt of directors are set oui in the Artides of Association. The director5 may, at any time, appoint an indwidual to be a director, either to fill a vacancy or as an additional director. Al operational dsOnS are made by the directors. The directors in office during the year are set out on page 1. Rlsk management The directors are aware of the risks around the running of the charilable company and review these risks. and consider the steps required to mitigate those risks. at their meetings. The directors consider that approprie controls are in place to pyovide reasonable protection against fraud and error. RelatiTonship with connectedparties A group of supporters called the Friends of Crichton Church exists to assist the charitable company in fulfilling its purpose. Transactions of this group. who organise some of the fundraising events. are included within these finanal statements. Objoctives and activities The charitable company was established to preserve and prcmote, for the use of the community and for the benefit of Scotland at large. the °A" listed Fifteenth century building known as Crichton Collegiate Church situated at Crichton. Midlolhian. The building is now regularly used for church services. concerts. weddings and memorial setvices and is open lo the general public on Sunday aftemoons in the summer. Financial review The result5 for the year are set out in the statement of financial activities. The charitable company ha5 net income of £4,18712024.. £7.277) during the year. Reserves policy The reserves of the charitable company comprise the unrestricted frjnds, which are available to use in furtherance of achieving the charitable company's objectives and restricted funds. which may be applied only as directed by the funder. In the year ended 31 October 2025, the charitable company had total funds of £77,428 12024.. £73,241) made up of unrestricted funds of £62,07512024= £57,096) and restricted funds of £15,35312024.. £16,145). The policy of Ihe directors is to aim to maintain a free reserve. to be used in the fvrtherance of the charitable company's objectives. as well as be available to meet future needs. opw)rtunrties. contingencies and risks. Crielrton. FinalisJ 2025 artts.pd1 tt¥JthknJ7f789442M314L65c4eaf6188] P*Jp'. 4 115
Crichton Collogiate Church TNst la company lirni(ed by guarartrte81 Unaudited fjnancial statements Yèar èndèd 31 Octo1 2025 Directors, report (continued) for the year ended 31 October 2025 Plans for the future The Direclors intend to continue the maintenance and phased restoration of the building so that it will continue to benefit the local communty and beyond with church seNices. concerts. weddings and funeral seNices and other events. It will also be open lo the general public on Sunday aftemoons during the summer. Approval of the report The rewt was prepared in accordance with the special provisions of the Companies Act 2006 relating to small cOmpans. The finanal statements were approved and authorised for issue by the directors and signed on their behalf by.. Kathryn Kobtrtson- 2026-04-02. 08..Q6".09 irt¢ Kathryn Yvonne Robertson Hon Treasur8r 24 March 2026 Crithton- Finalis&l 2025 aCttnts.Pdf ltrxI(l)ad7f-e76426-93l46ScAeaf6l881 Pap.. 5 115
Independent Examiner's Report to the Directors of Crichton Collegiate Church Trust I report on the financial statements of the charitable company for the year ended 31 October 2025 which are set OLrt on pages 5 to 12. This report is made to the trustees. as a body, in accordance with the temis of my engagement. My work has been undertaken to enable me to report my opinion as set out below and for no other purpose. To the fullest extent pennitted by law I do not accept or assume responsibility to anyone other than the trustees. as a body. for my work or for this report. Rè5PèCtiv• rnsponsibilitias of thè dirtetors and •xamin•r The directors (who are also the twstees of the charrtable company for the purposes of charty law) are responsible for the preparatton of the finanal statements in accordance with the lemis of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotlandl Regulab'ons 2006 {as amended). The directors consider that the audit requirement of Regulation 10111 la) to Ic} of the Accounts Regulations does not apply. It is my responsibilty to examine the finanal statements as required under section 44111 Ic} ofthe Act and to state whether particular matters have come to my attenb"on. Basis of independent examiner's report My examinalion is canied oui in accordance with Regulation 11 of the Charities Accounts (Scotland} Regulations 2006. An examination includes a review of the accounting records kept by the charitable company and a comparison of the financial statements with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeks explanations from the directors concerning any such matters. The procedures undertaken do not provide all the evidence that would required in an audit, and consequently I do not express an audit opinion on the view given by the financial statements. Indopendont examinor's statement In the course of my examination. no matter has )me to my attention" which gives me reasonable cause to believe that in any material respect the requirements" to keep accounting records in accordance with Section 44(11 {a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amendedl,- and to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations las amended)" have not been met, or to which, in my opinion. attention sl)ould be drawn in order to enable a proper understanding of the financial statements lo be reached. Andrew Niblock Independent Examiner Henderson Loggie LLP Level 5 The Stamp Office 10-14 Waterfoo Place Edinburgh EH13EG Andr•¥ Nlbb&_ 20?6.03 30, 13.Y'33 UTC 30 March 2026 Crithton- Finalis&l 2025 aCttnts.Pdf ltrxI(l)ad7f-e76426-93l46ScAeaf6l881 Pap.. 6 115
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Crichton Collogiate Church TNst la company lirni(ed by guarartrte81 Unaudited fjnancial statements Yèar èndèd 31 Octo1 2025 Balance sheet at 31 October 2025 2025 2024 2024 Current assets Cash at bank 77,754 874 72,996 1.175 78,fi28 74,171 Current Ilabllitles Creditor5- arnounts due within one year 10 {1,2001 19301 Net current assets 77,428 73,241 Net assets 77,428 73,241 Reserves Unrestricted funds Rastrictad funds- Mstorntion fund 11,12 11,12 62,075 15,353 57,0 16,145 77A2B 73,241 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025. The members have not required the charitable company to obtain an audtt of its financial statements for the year ended 31 October 2025 in accordance smth Section 476 of the Compantes Act 2006. The directors acknowledge their reskX)nsibilities for.. a) ensuring thal the charÈtable company keeps accounting records that Comp with Sections 386 and 387 of the Companies Act 2006", and b) preparing financial ststements which give a true and fair view of the state of affairs ofthe charitable (¥)mpany as at the end of each financial year and of its net income or expenditure for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwse comply with the requirements of the Companies Aci 2006 relating to financial statements. so far a5 applicable lo the charitable company. These financial statements have been prepared in accordance with the special provision5 of Part 15 of the Companies Act 2006 relating to small companies. The financial statements were approved and authorised for issue by the directors 24 March 2026 and were signed of their behaw by: K*bryn Robertson- 2026-04-02. 08.'Q6".091rrc Kathryn Yvonne Robertson Director RggiSt•rgd ¢ompany numbor: SC152207 Crithton- Finalis&l 2025 aCttnts.Pdf ltrxI(l)ad7f-e76426-93l46ScAeaf6l881 Pap.. 8 115
Crichton Collogiato Church Trust la company limi(ed by guarantee) Unaudited financial statements Yèar ènd8d 31 Octobai 2025 Notes to the financial statements Accounting policies A summary of the principal accounting policies. all of which have been applied consistently throughout the year is set out below. Basis of accounting The financial statements have been prepared on a going concem basis in accordance wth applicable accounting standard5 and under the historical c05t convention. The charity 15 a Public Benefit Entity and a company limited by guarantee. incorporated in Scotland with the regislered office as noted on page l. The financial sements are compliant with the charity's constitution, the Companies Act 2006, the Charities and Trustee Investment (Scotlandl Act 2005, the Charities Accounts {Scoland} Regulations 2006 (as amended), the Stalement of Recommended Practice ISORPI FRS 102 "Accounting and Reporting by Charities", and in accordance with Financial Reporting Standard 102 (FRS 1021. Golng concem These financial statements have been prepared on the going concem basis which assumes that the charitable company wll continue its operations. The Board consider it is appropriate to draw up the financial statements on a going concem tgsis as sufficient funding has been secured to cover operational costs for the 12 months from the date of the financial statements. Income Income is recognised when the charitable company has entitlement to the funds, when it is probable that the income will be received. and the amount can be measured reliably. Donatit>ns and legacies and bank interest are included in the year in which they are Teceivable, which is when the charitable company becomes entiued to the resource. Other trading income includes fundraising events. wthich are recognised when the event has taken place. and the charilable company is therefore entiued to the income. Expendlture A]1 expenditure is included on an accrua15 basis and is recogni5ed when there 15 a legal or constructive obligation to pay for expenditure. The charitable company is not registered VAT and accordingly costs are shown gros5 of irrecoverable VAT. Where directly attritr4Jlable. expenditure 15 allocated to the relevant functional category. Expenditure on raising fijnds includes costs associated with generating income for the charitable company through fundraising activities or events. Expenditure on charitable activities includes costs incurred in supporting the charty and its otyectNes as set out in the directors, report. Support costs are allocated ben governance costs and other SUPFQrt Costs. Governance costs cornprise those costs involvlng the public accountabilty of the charity and its compliance wtth regulations and gocJ practice. They therefcwe include the costs of independent examination. Other support costs relate to the administrative costs of running the chartty and are alli)cated to charitable actmties accordingly. Cash and cash equivalents Cash at bank and in hand includes cash and short term highly liquid investments wilh a short matuitty of three month5 or less from the date of acqui5ibon or opening of the deposit or similar account. Crielrton. FinalisJ 2025 artts.pd1 tt¥JthknJ7f789442M314L65c4eaf6188] PJp'. 9 115
Crichton Collogiato Church Trust la company limi(ed by guarantee) Unaudited financial statements Yèar ènd8d 31 Octobai 2025 Notes to the financial statements (cortinu8dJ Accounting policies (continued) Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from past event that will probably result in a transfer of funds to a third paty and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are nomially recognlsed at thelr settlement amount after allowlng for any trade dlscounts due. Financial instruments The charity onty has financial assets and financial liabilrbes of a kind that qualify as basic financial instruments. Basicfinancial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Funds Unrestricted fvnds comprtse (kjnations and other incoming resources received or generated for charitable purposes. They are available for use at the discretion of the tfU5tees in furtherance of the charity's general charitable objectives. Restricted fijnds comprise donations forwhich the purpose and use ofthose funds has been specified by the donor, and which can only be applied for those 5pecrfied Net incomel{expenditurel 2025 2024 Net incomellexpenditurel 15 Stated after charging.. IndèwtTrl•nt axaMiner's f•• 1,200 930 Donations and fundraising Unrestrlcted 2025 Restrlded 2025 Totsl 2025 Unr&strted Restricted 2024 2024 Total 2024 Subscriptr'ons Donations Services FrieThJs of Crichton Church l Out ol hours Gfft Aid Fingask Follies 667 3,527 1,345 667 3,527 1.345 1,101 1,952 1,421 1,101 1,952 1,421 2,525 874 2,525 874 2,244 1,899 2,244 1,899 2,000 8,938 8,938 10,617 10,617 Crielrton. FinalisJ 2025 artts.pd1 tt¥JthknJ7f789442M314L65c4eaf6188] P*Jp'. 10115
Crichton Collogiato Church Trust la company limi(ed by guarantee) Unaudited financial statements Yèar ènd8d 31 Octobai 2025 Notes to the financial statements (cortinu8dJ Other trading income Unrestricted Unrestricted 2025 2024 785 6,A65 674 5,870 Church hire Income from investments Unrestricted Unrestricted 2025 2024 Intarast LYI 9fft djnations Bank interest 937 849 Exp8nditure on raising funds Unre$etea unrastn.ctad 2025 2024 PrinlEng and p Website costs 840 339 888 216 1.179 1,104 Crielrton. FinalisJ 2025 artts.pd1 tt¥JthknJ7f789442M314L65c4eaf6188] P*Jp'. 11115
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Crichton Collogiato Church Trust la company limi(ed by guarantee) Unaudited financial statements Yèar ènd8d 31 Octobai 2025 Notes to the financial statements (cortinu8dJ Debtors Unrestrlcted 2025 Unr6strict• 2024 Gfft debtor 874 1.175 10 Creditors: amounts falling due within one year Unrestrlcted 2025 Unr8strict8d 2024 AccNals 1.200 930 11 Movomont in funds At 31 Oct 2025 1 Nov 2024 Income Expendlture Transfers Unrestricted funds Genwal fvnd Doswnatad fvnds Property 48,208 17,437 112.458} 1792) 52.395 8,888 792 9,680 57,096 17,437 112,458) 62,075 Restricted fund5 - Restoration - Cushions 15.980 165 1792} 15.188 165 16.145 15.353 73,241 17,437 113,250) 77,428 The destgnated WDpety fund has been set up to provid8 for map)r repatrs work which may b8 needed. rastoration IL#)d is mada up of grants and donaliLX)s givan spacifically fe¥ rastoration work on thè Churd) Building. At 1 Nov 2023 At 31 Oct 2024 Income Expenditure Transfer5 unreStrted fvnds D851gnated fund5- prop8ty Restricted funds- restoration R85trthd funds- Cu5hion5 40.931 8,132 16,736 165 17.907 19,8741 (7561 756 48,208 8,888 15,980 165 17561 65.964 17.907 110,63JI 73,241 Crielrton. FinalisJ 2025 artts.pd1 tt¥JthknJ7f789442M314L65c4eaf6188] P*Jp'. 13115
Crichton Collogiato Church Trust la company limi(ed by guarantee) Unaudited financial statements Yèar ènd8d 31 Octobai 2025 Notes to the financial statements (continued) 12 Analysis of net assets between funds UnrestTlctsd Restrlcte Fund5 Fund5 Totsl 2025 Total 2024 Net current assets 62.075 15,353 77.428 73,241 Unrestricted Restrict• Funds Funds Total 2024 Total 2023 Net current assets 57,096 16,145 73,241 13 Ultimate controlling party The charitable company is constituted by its Memorandum and Articles of Associatron and is controlled by its appointed directors. 12 Crielrton. FinalisJ 2025 artts.pd1 tt¥JthknJ7f789442M314L65c4eaf6188] P*Jp'. 14115