Page rRU The directors present their report and flnanclal scatements tor year ended 31 Mareh 2026. R•e•renc• AdR£n8trativ• Znt¢)zutl< Charlty Name Charity Registrat ion Number The Levenseae Tru8t SC026095 Con¥any Reglstration Nutqber SC171124 Sepa ReglsEration SLCP/AB1007 Prlnclpal Otfice & Regi8cered Offi¢¢ Levens•ac. y Forth. Lanark MIII 8EP he aire¢tor8 OE the charltable c¢mpJny are ics tru$tee6 for the purF<J8e of charlty law ar.d throughout chi8 reForr. are collgcciv•ly reterred co aB th¢ dlr•ctors. The dlreceorB Bervlng durlng thè year w•re a8 tollow81 C108e D Doda8 A Gallacher A Hutson P Knox-Ile18h Ir•Algned 31/1212Q25 C mcclAt e tId00ft Ir••l9ned 31/11/20251 J D Scewart C(wy 8•¢z•t•xy J L McOAlloeh Brlan Malonty, F.C.C.A.,. Isa WesE End, Ile8f Calder EH55 8EH Royal Bank of Scotland. Kopetoun st.-eet, Batkgate BH48 4EtI
Page 2 RT The trustee8 are pleased ca present cheir annual cruBiee$ report Cogether with the £lnanclaL sraEements of the charity for the year ended 31 March 2026 which are also prepared to meec the re(Ntrements for a directors rekX)rt ana accounts for Conpan£e8 Act purposes. The finaneial staeernenE8 cow)ly with the Char&tle8 and TDJBtee Invegcmenc Iscotlandl Act 2005. the Charlcies Accounts Iscorlandl Regulatlons 2006 las amended). the Conpanles Act 2006, th& Memorandum and Articles of As¥ociation. and Account'ng and ReportLn9 by Charieies: Statement of Reconnded Praccice appllcable ¢0 charlcie8 preparing chelr accounts In accordanee with the Pinanclal Reportlng standard applicable In the UK and Republlc of Ireland IFRS 1021. Our purpa••• act&vt•• The purpose of Ehe charity Is the prowtlon of project$ aimed at improvernont of the environment In che vlclniry ot Leven8eat In West Lothl)n. St)uth Lanarkghlrè and ScoEland wide rhr¢ugh ScoEtlgh Sch•ne. 8truetur•. The Leven8eac Tru$E 18 a prlvacè Iluted ccryazry. Ilmlted by guarane•e and registered In ScoEland. Tre resu&ts celvl¢ie•. or th• year are detalled on ehe Starement of F&nanclal Thè charity coa8ed accvl¢les durlng ¢he perlod and vas conv•rted Into a SCIO on 5th May 2026. R•••rv•• Policy The tru8tée8 di$Erlbuted Tr)$c 0£ the tre• fund8 durlng the perlod under revlew. Ag che charlty haB ceaged actlvltL2s It Is no longer necegsary ro malntaan fund8 at a level Eo m•ei ruture rnnnlng eo3L$. The trustees are aB8e$Blng Che mAJor rl8k8 to whlch the charlty Is exk)osèa. in particular t1$e relating to c8 ope-ation8 and finances. In order to put System8 In place io mltigate exposure to the nwjor rlk8. Pl•n8 Eor tb• Putur• Tre char&fy convèrted to 4 SCIO on 5th May 2026. Tru•e••s Zuduot&rJA aod Tr•&ntrAg Most trustees are already famillar wlth the practlcal work of the charlty. Aadicionally wembers are Inv'ced co meec wlth rhe dlrectors and are glven the previous year. s minutes of meeting8. Mernorandum and Articles ot Assoclation. late$c tlnancial sracetnents, niajor repor$ and also the booklet 'GLLdance tor Charlty Trusrees. produced by OSCR. The b¢oklet fully ¢tLIneS ¢he ducle5 and regDnnsthllriea of ClwrlLy Trusteeo in ScotlJnd. When need$ dlctate the Board wlll also have a ¢ralnlng day to discuss Birattgic plannlng and organlsatlonal developmènts.
Page 3 ORt Tr4e orgarAisatlon ig a charitable ConanY Ilmieed ty guaranuee. -,he company e8tablighed under a Mewrandum and Articles of Assoc'atlDn which established the objects al powers of che charitable ct)mpany and Is governed under its Articles o As8oclation. 8tat•4•ot 0£ Tru•t••B R••p¢o•lb&lit£•• he board ot dlreetors ',wtr.o are a4SO tru$tee8 0£ ¢he cha=&ty for the purpoBes of charlcy lawl are re$pon8ib&7e tor preparing f 4.nancial 8taterrtent for each Einaneial year which glve a true and £alr vlew af the tsrate 0£ affalrs ot tne charieabie Cocpary and of Ics Incoming r?s¢urces and application ot resources. l.Icludlng tne net Incorne and expend"'Cure, tor he flnxnclal year. Zn preparlng these £lnancial $tacthenEB the dlrecEor8 are rewlred ie: select guitable accounclng policle8 and then apply them conolstentlyi obBerve the rnethods and princlpl68 of the Charlties SORP.. make judgemnts and 6scluJate8 that are reascnabl• and prudenti and prepare the financlal 8tatetnonEB on the golng eoncern ba41a unles8 It 18 inapproprlate to pré8uine that the charity wlll contlnue In buslne$g1 8t)te whether appllcable accountln9 OEandard¥ and siatemencg or recowuftended pracclce have been tollowett. 5ubJecr to any rna- dl8clos•d and explained in the flnancial statements. eriaL depar¢ur¢8 The truBtees are responsible for malncalnlng adequate acc¢)uneing r•cord that dlBclo8e wlth reasonable accyjrary ac any tlme the financlal poJltlon of the charlty and to enable the¢u to ensure that the tinancla: ¢owply with the Couyanles Acc 2006. the Charitlea and Tru8te• statemenc4 nves=meni (Scotlandl Aee 20QS and the Charltles Accounts Iscotlandl Re9uiaiton8 2006 la8 aménded) . Th•y are &180 r••pcnalbl* £or safeguardlng Ch• as8ets of the charltable c¢)w>any and hence for taking reasonable step8 for the preventlon and detecElon of traud and other Irrwlarltle8. By Ordar ¢£ Board ot Tru•t••• Dat•
ZNDZPEFID IXAXINER. S RIPORT TO THR TRUSTEES OV TER LRVRVSEAT TRUST POR THE YXAR BIIDRD 31ST XARCX 2026 Page 4 I report on the flnarteial siateuntg of the above charlty for :he year ended 31 March 20&6 which eoryjrlsè Statemene ot Pinanclal Actlvities, Balance Sheet al related notes. R••p•ctiv• r•on&bIle£•8 of Trts•t••• al Zxkniu•r The charity's EfusEee8 ar@ reSpOS1"e fo= rr.È p.-eparatlon of the account6 in accordance ¥lth the teroi3 of Ihe tharicie9 and Trustee Inve$trne.ryt (Scotlandl Act 200S and the Charitie8 Account3 (Scotlandl Regulationg 2006 lats amended) . The ¢h4rity'4 trusEeeB con8lder thac the aud£t requirement of Regulatlon 1011! lal to Icl of the 2006 Aecountj Reguiatlons does not apply. Ic Is my re8POrtsLblllty to eXarnne the accountg a8 required under 8ectlon 44 111 Icl of the Aee and to 8tate whether particular matEerts have come to aEtention. 3a•l• ot Znd•p•nd•Jt Xxuth•r' • •tat•R•ut examlnatlon 14 carrled out In accordance w£th Regulatlon li o- the Charlcleg kcourtt8 (Scotlandl RegulaElons 2006. An exarNlnacion Include8 revlew of Che aceountlng record8 kepc by the charlEy and a CCQParlson ot the Jccountg presented wlth tho8e records. It also Include8 conslderatlon 0£ any unusual IteTn8 or dloclosures In the accounts. and seeks explanatlons erom the trusrees eoncernlng any 8uch thatter8. procedures und&rcaxen do not provlde all the evidence that would be requlred In an audlt, and congequently I do not expre•B an audlt oplnlon on the vlew glven by th• account¥. lad•p•Ad•nt Rxaaln•r' • 8t4t•x•llt In the C¢)urge of my exafftlnatlon. no matrer ha# corne to my atcentton: 111 whlch glve8 me reasonable cauae Lo beLleve chac in any marerlal rèspect the requlrements.. to keep aceountlng records In accordance Section 44 111 lal OE the 2005 Acc and RelatiOn 4 of the 2006 AccDunEg Regulailons and.. co prepare accounts whlch accord wlch the accounclng record¥ and c{)rylY wlth RelatIon 8 of the 2006 Accounts Regulatlon8 have rC been met. or 121 to whirh. in my oplnlon. attention Jhould be drawn In order ro enable a proper under8tandlng of the accounts to be reached. Mr3M F.C.C.A.. On behalf of Brian 15a We8l End. wést Calder BH55 8EH on•y & Co. Date
Pa9e 5 31ST ¥ot• Uure•t R••t Total Total Inv•Jt••ot lac Bank InEere5C 2.144 luc0 tran Cbartabl• Actlvlt£•• Grant¥ 2.144 6.695 14.444 14.444 21,686 16.588 16.588 Fxp•ndltur• On i 28.381 Chatlt•bl• Aetvltl•• Cnarirable ProJecr8 Supporc Coet 402.459 27.07S 4C$2.459 27.075 329. 371 23.161 Tot•1 Ixp•ndltur• 429.S34 429.534 N•t IncLw•/ IZxp•udltur•l aod N•t l(tsv•x•r&t 7uad• 352.532 1412. 946 1412, 9461 1324. 1511 R•¢orAe*llatlou 0£ •uad• Fund• brough¢ Forwatd 434. 981 438.981 763. 132 26,035 26. 035 438,981 The net ftknvem8ni in fund¥ referred co above £• rhe ner Incoming re80ur¢es aq detln•d In ch¢ seatement ot Recoirrnended Pra¢clct £or Accounring and Reportl.7g issued by OSCR and reconclled to Ehe total fund8 as 8hoTrfn In the Balance Sheet on page 6 a8 requlred by the sald 8taierr2enr. All income and expendltur• derive$ from eontlnulng acElvltle8. The statemenc of Einanelal ace'vltle$ Includes Jll gains and losses r8cogni8ea in th2 year. The nore8 on page£ 8 to io torm part of the accounts.
Page 6 31 ¥ot• Cash Jt Bank & in Xand TOtAL CIIRkiYf ASSRTS 26,135 441,627 2S,135 441,627 CredirJrs &alling due Wiehln one year iiooi 12,6461 26.03S 438. 981 26,035 £ 438,581 Unre6crlcced Revenue Fund 26.035 438,981 £ 26.035 438.581 Th• charltable conwany la entltlèd to exewq)cion from Judlt under Sectlon 477 of the Companles Act 2006 for the year ended 31 March 2026. Tyle rnember$ have noe required the ¢haritable coroany to ob¢aln an audit of Itg f Inanclal 8tatemencA for the year ended 31 March 2026 In acccrdanee wlch Section 476 of the CoJpanle8 Act 2006. The trustees acknowledge th•lr re8pon8£blll wy tori lal ensuring that the charitable corrpany keeps accounling record¥ Ehac CortllY wlth SectlonB 306 and 387 0£ the Cc&[11e$ A-t 1006 and Ibl preparlng flnanclal scatements whlch give a crJe and falr vlew 0£ the charltable cowoany as Jc the end 0£ each flnancial yèa- and of ito surplu8 or deflclt £or each tlnancial year in accor(iance with tlje requirementB Qt Section 394 and 395 and which othèr¥l8e c¢xoly with the requlrementB of the CoRFanles Aci 20Q6 relating to flnanclal 8tateTronc8. eo fa- a3 appllcable co the chariEable cooFany. The accounts have been prepared in accordance Wiwh the provisions in part 15 of the Companles Act 2006 appllcable to coYFanlès Subject to the srna Il companies regiiro. The £lnanclal 8taterner.t8 wer• approved by th* board on 8lgned on ie8 behalf. ay~(bla ana were ITrustee I (Datel
Page 7 The pr&nclpal ttccounclng poliele¥ adopted. jUdger1etS and key sources of escimaElon uncertainty in the preparailon of the financial staternentB The accour.-s travè been prepared under che hlsiorlcal eosc Convencion. ace¢unts have been prepared in ac¢ordnce wlth Che statèment Recotymended Practice: AcCcuJntng & Reporcing by Charltles preparlng thelr accounts in accordance vith rhe FlnarAcial Reporring Standard applicable in the UX and Republic of Ireland IPRS 1021 leffeeclve January 20_91 ard the Charlt4 -es & Trustee Inve9tmenc IscoElandl Acr 2005 and the Charltles Account Iscoclandl Rewiation6 2006 las amended) . The Levenseat Tru8t méet8 the detlnlrton of a publlc benellE enclty under FRS 102. Asset8 and Ilabilitle8 are ' nltlally recognised at hl8tor£eal cojc or tran$actlon value UDle•B othervise xcated. 'Jnre8trlcted are avall)ble tor use ac Ehe di8cretlon ot che tru$cee8 'n Curtherance ot the general objectlve8 0£ tho charl=y. Re8triceed £und8 are 8ubJect ¢0 restrictlons on chelr expendicurè Inwogod by the donor or through th c•rm9 ot an appeal. Zue¢u• R•cognitlc ncome Is recognl8ed when the charlty ha4 eneltlemenc co the tunds, any performance condltlon8 act4ched to the Iteffl of Inc¢)me have b•en s probable thac the inc(K wlll be recelved and the amount can be measured wlth reasonable certalnry. xp•ndltur• R•e¢¥nitl¢) Llabll Itleg are recogi£#•a aB xp•ndltur¥ a? soon a¥ fhere Is a legal or constructlve oblagaclon corymlttlng the charlty to that expendlture. It probable that settlerrtene wlll be r8quared and the awunt tsf tha obllgatlon can be aSured Eellably. Costs are gtated Inclu81v• 0£ Irr&coverable vac. Allo¢atlon 0£ Support Co•ta Support cose8 are those uncclons Ehat a&4I8t the work of the charlr.y bue do noe dlr•ctly undertake charltable actlvltle$. Thege coats have bèen decalled In note 6 Eo the accounLs. qouq eou¢•rn The coanY converted to a SCIO on 5 May 2026. 2 VAT The charlty Is not reglsEered for VAT and therefore all expenriirure is 3hown Inelu8£ve e£ VAT. TAZATIO The charity has been granted charxtable sratuts by FNRC and not theretore llabl8 for corpordeion tax on ¢4aritable income And gall.
Page 8 OR 3026 Itsccx* Charltable Actlvltie• Grants i Leveiseat; Iscotclsh Powerl ITorywheell IM Ham4 Iton Buraaryl her 2025 1.901 13.940 2.0)0 3,845 Inv••ts•At Iac¢x• Bank :.:ere8L 14,444 21.686 2.144 6.695 16.588 2B.3ai Charltabl• ProJ•ct• ISLCF aud LCY) 075 W Waddle Menoria: 089 Allotgnent8 4 ChlrnBide 117 Ke8e Calder & Harburn C D T 123 Carnvath Coffmunlty Hub 129 Llnllthgo¥ Burgh Tru#e 132 Stoneyburn Junior p c 135 Sconeyburn Bent¥ Puture Vl$lon 137 PthJrle8ton Cornunlty Garden 138 Bathgaie Bowllng Club 139 WAT-IP 142 Our Laty 0£ Li)urdeo. Blackburn 143 Lodge st John PaulabUse 145 Ba$tleld Tralnlng Centre 146 Seatleld Cor¥wnlty Councll 148 W•#t C•ld•r & Harburn C.D.T. 149 Weot Calder CoTrMunlty BthJcatlon ISQ Auchengrey Church CenEre 152 Lodge Iqllsontown 153 Three Klngs Ojllan A$8'n 154 Harburn Gol£ Club 155 Dlgcover Lanark 157 Harburn Vlllage Hall 158 Carnwath Golf Club L59 Wat80n Memorlal Bowllng Club 160 Fauldhouee Mlnera Ilelfare 161 163 Castlehtll Bowllng Club. Carluke 764 Lod9e Lord Bruce BLackburn 165 CaBtlemllk lial l. CanTrIn0c5I 166 Braidwooa Corrmnity Gouop 167 Melkle & Adler C.D.T 16B Noreh Glasgow Cotrffjunlty F¢xxl Znit 169 Laurie8ton Bowling Club 171 Na$onle Lodge Hope. Armaajle 172 Ready, Set. Thrive. knnada:e. 173 Wesc Calder & HarDurn c.D.T 176 Porth SE Faul. 3 PariBh Chur=h 177 West Calder & Harburn C.D.T 2026 2025 5,925 4,047 s,000 loo.000 2.005 60,000 5.900 26.366 14,301 18.910 40,000 6,850 37. 000 3.578 loo. ooo 21.884 40.486 4.327 5,000 22.500 3. 096 6.000 5.000 5.215 30.000 3,OOD s,000 io.ooo 5,000 15,000 8,300 6.000 1.240 4.200 8.-.60 13.477 4.050 S.000 6.283 Carried Por¥ard 359. 027 109.6?3
Page 9 cc S Attaly8l• 0£ Zxp•Adltur• 04 Charltablo Actlvit*•• Ic¢Jntld) 2026 Brought Forward 174 Stoneyburn C¢)mwnlty BowlLng Club 175 Harburn (k)i£ Club 178 Clydesdale CoThfflun£ty Inlti•rivè. Lanark Acorn Pro j ect8 LGF ProJect3 H Hamllcon Burs•ry 2025 359.027 7.000 13.000 4,574 6,864 10. 676 1.318 309, 673 6,143 10.099 3,456 402.459 329.371 support Co•t• aud 13ov•zuanc• 2026 Bank Chargeo Telephone & Scatlonery Independent E¥amlner8 Fee Legal Fee8 Tlages & Nat In$ Redunclanry Co8t8 Secretarial Ingurance Travelllng C08t8 avert 18ing Sundry 2025 359 541 1.560 2,400 6,799 13.763 480 531 440 20 162 378 333 1,872 16,795 480 471 170- 2.662 27.075 23, 161 All abov6 COBt¥ have been deertsed to be In Spport of che charltable all of the charlty and are ba8ed dlrectly on expendlEure Incurred. 7 Aa•iy•l• ot Charitabl• Pund• Op•nlnq R••ouTC•• xpand•d R••outc•• Clo•thg Pund UnreStrIct Pund 438.981 16.S88 1429. 5341 26.035 438,981 16.588 1429. 5341 26. 035 2036 2025 Accrual? Tax & Social SecLr£ty CoBts loo 1,80Q 846 loo 2.646
Page io '• 9 TruBt•eA R•wJ#•raeio4 aud R•lat•d Party frary•4ctl<)n• During ttte year ended 21st Marcn 2026 Ehe secreeary received £480 12025 £480 and i mè7Dber of the boa.-d received of reimbur8ed cravelling expenses 1 202S otal ol £40 in reapect £20< No trustee has recelved any rernuneration or beneflt8 during the year 12025 £nill No trugtee or other per¥on r•lated co Ehe charity had any per¥onal Inter•$t In ary contract or tran$aetton. IO Statt Co•t• & mwb•r• Staff e08tB vere a8 follow81 2036 Salari•$ & Wage4 Redundancy Co#to 2025 6.799 13.763 16.795 20,562 The av•rage nuwkner of eryloye•8 during Ch year werei 2Q26 16.795 2025 11 Futur• Co•ita•ut• To 8¢ottl•h Lalldtll C¢MuAity Vundknq 2026 2033 Contracted for but not provlded for n che account 313,700 The above £lgure repre8enc8 Landtlll Cor(Dnunity Funding Pro-ecL8 reglstered wlth Septt. but not coffoleted at Che Balanc• S.eet aa28. 13 kn•ly•l• ot N•t A•••t• B•tw••a Puodl ?otal tlar••¢TX¢t•d R••trict•d Pund• Tanglble Plxed A8oet8 Lljrrenc A¥6ets rrenc Liabl Iltleg 26,035 26,Q35 Nec As¥et5 ao at 31 Dlarch 202 13 Irfal Statu• Leve.iaeaL Trtsr is a Ilmita by guar>nt•e *a ha3 no 8har8 capical . 26.035 26.035 14 Shar• Cap&tsl The c¢)Trtpany is limited by Snxarantee witheur share capital. 15 Relat•d Party Durip.g the year theye Were no Cra.SactOp.a wlth parties E41dt the tru8tees deemed to be relaued.