Charity registration number.. SC026428 Scottish Women's Institutes Perth & Kinross Federation Annual Rert and Financial Ststemen for the Year Ended 31 March ?026 RO Mcconnell 3 High Street Kinross KY13 8AW
Scottish Women's Institutes Perth & Kinross Federation Conlenls Reference and Administraiiye Derails Trustees, Report 2to4 Siatement of Trustees, Responsibilities Independ¢nt Examiner'5 Report Statement of Financial Activitl¢5 7t08 Balance Sheet Notes 10 the Financial Statements 10 to 19
Scottish Women's Institutes Perth & Kinross Federation Reference and Administrative Delails Trustees Ms I l Buchanan Ms K Smith Ms L Heii'irt {appoinied ?9 November 20?5) M5 R Wilkie {appoinied 29 November 2025) Ms N Win)'ard Ms C Lamrnie Ms K Huggeit (appointed 29 November 2025) Ms M Lavender lappoinied 29 November ?025) Ms H Iknnis Ms M Kenn¢dy lappoinied ?9 Nov¢mb¢r 20?5) Ms J Peirie (resigned 79 November 20251 Ms L Reison {resigned 29 Noveniber 2025) Ms E Chri51ie (resigned ?9 NoveiMber ?0?5) Ms H Walker (resigned 29 November 7025) Ms J Ba {resiLyned ?9 November 20?5) Ms J Carneron Iresib¥ned ?9 November ?025) Ms J Carnegie (resigned 29 November 2025) Ms A ca lappoinied 29 November 2025 and resigned 30 March 20261 Other officers Ms D Morris PrineipAI Office 13 Lade Grttn Dalgeiy Bay Dunfern)lime KYII 9SR Charity Registration Number SC026428 Independent Examiner R055 Mcconnell 3 High Street Kinr055 KY13 8AW Page I
Scottish Women's Institutes Perth & Kinross Federation Trustees, Report The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 20?6. Objectives and activities Objects. altsi Our purposes, as recorded in our eonsiituiion. are to advance the education and training of women. w.ho are members, who live and work in ihe couniry,. or are inieresied in country life. Ibui noi exelusively as we are open ts) everyone.. town and city included nowadays) in home skills. family welfare and citizenship. Our purposes also include the promotion. preservation and development of SCland's iraditions. heritsge and culiure. UlJjeciiveF,.TlraleEief aciivilies Most of our events have a fund-raising elemeni in the forni of rdffles. rombola or a sales tablc. We also lake pan in a Fcdcration Show wheTe mcmbers compeic in Handcrdfts. Bakiiig. Producc, Bulb display ai)d floral Art conipctiiions. Wc encouragc nem members io cnier thc Novice seciioii and have a Childrcn's scction open to childrcn or gyrandchildrcn of Sll'l mcmbers. Thcrc are Junior Dippcr and SKills &. Evcnrs secrions roo. An aiinual quiz is held. The nicmbers also compcic in various swTrns - walkinbT nfflball and rurdlols'mpics - with tl)e wini)iii team of the latter Tepresen¢ing Perth & Kinross ai naiional finals. We have a subcommittee. The Skills and Events CIKnmittee which prornotes the preservation of Scoiland'5 Iradi(ion and heritag7e and the education and training in home ski115. domesiic econorny. family welfare and citizenship. Junior Dippers atiend meetings every monih where ihey porti¢ipaie in many ¢rnfts in the hope they will carry on the skills and. mos¢ of all. join the organisaiii)n when they Come of age. The SW'I Choir meets regularly and currenily has 12 members and has been going for some 30 years. 11,5 all about enjoyment through Singing. The Federation Craft Class meeis monthly with around 10 to 12 regulor attendees to keep the art of Crafting alive. An Extraordinary Generdl meeting wo5 held on 31 Januory 2026 at Oakbank to di5¢U5s the proposal of forging loser workirhg ties in ihe future belween Fife. SC&WP and Perth & Kinross Federations. Puhllc befteJ71 The trustees confimi thai they have complied with the requiremenis of section 4 of the Charities Act 2011 to have due re¥ard to the public benefit ¥uidance published by the Charity Commission for En¥land and Wales. Page 2
Scottish Women's Institutes Perth & Kinross Federation Trustees, Report Achievements and performance A lively and fun quiz was held in Jun¢ 2025 at Gl¢n¢ars¢. The annual lun¢h in 2025 wa5 h051¢d by Fif¢ Fed¢raiion and the ladi¢5 ¢njoy¢d a pl¢asant lunch at P¢ty¢ur Bay, kin&Thorn. The Autumn Federation Shom.. held on 18 Ortober at AuchierJrd¢r, wa5 another busy Show with lois of skills on display. The Choir is working on a new progrdm ond hope lo sing to other in5tiwtes. To boost the Choir funds a C(Trffee, cake & carol morning wa5 held on 6 Decetnber. The Sprin¥ Federation Show on 14 March ?0?6 held in Aucht¢rard¢r attrJrt¢d a gr¢Jt numb¢r of ¢ntri¢s,' amazing handwork with lots of tasty baking and prtKluce skills on di5pla)'. Skills & Ev¢nts has otTercd ¢r(Kh¢t c[Se& macrJm¢ cla55¢s- an airfycr demo- l¢aih¢r work clas5¢s, and a very inter¢slin& uYCling ¢v¢nl. Junior Dippers have continued 10 meei every monih. participating in different crntls. being demonsLrated mainly by our niembers. Numbers for the Walking Netball are dwindling and weeks. the new sport. pi¢kl¢ball. has b¢¢n play¢d instead. The Federation Cryaft Class has enjoyed working on some iradilional ¢rafts i.e. jew¢llery making. Treedle felling and -I'he Executive coniinLies (o meet regularly. usually each nionth. eiiher by Zooin {keeping costs downl or in person. .here necessary io produce an interesiing and enjoyable ilinerary for all our members. Financial review Perth & Kinross S..1 Federdtion are ci)mmilted io paying up to £?8.845 for ihe Perth & Kinross Arcliive Prtsject. IherLfore a Bartk of Scotland F ixed T¢mi Deposii of£10.128 was ¢ncash¢d io provid¢ for iniLial fuiidin&. A £l.UOO grant was also secured for this purpose. The remaining excess funds of £40.(M)O are deposited in a Bank of Scoiland Fixed Temi DeiS1(. due for n)aturity in July 20?6 and, depending on the 5u¢ce55 of obtaining grants for the Archive Projttt. this may have to be partially encashed lo mect the balance due on the Projccl. A levy of £5 was collected from each member. Agreement was made at the Fcderdtion AGM on 31 May 2025 to inLrease Federation le to £8 in 2026127 and by a further £2 in 2027.:'28 10 £10. Page 3
Scottish Women's Institutes Perth & Kinross Federation Trustees, Report Strueture, Eovernanee and management Recruilmenl appoinlmenl of iru.sleeF The Executive Cotnniitt¢¢ ar¢ th¢ Charity TruStS wkn ar¢ apwTrini¢d by th¢ memb¢rs ai g¢n¢ral rn¢eiings h¢ld throughout the year. The SWI is a charitable unincorpordied association wilh ihe purpose and administraiion arrangements being set oui in our Constiiuiion. Perth & Kinross Federdtion adheres to the main operaiing bod). based in Edinburgh. We have 30 insiituies splii geogrdphically In disiricts. of which ihere are 4: North. Eas(. South and West. The annual report was approved by the Irusltts of the charity on 30 May 2026 and Signed on its behalf by.. Ms L Hewiit Truslee Page 4
Scottish Women's Institutes Perth & Kinross Federation Siatement of Trustees, Responsibilities The trustees are re5pon5ible for preparing the ttusttts. report and the financidl stdtements in accordance with the United Kingdom Accounting Standards (United Kingdotn Generally Accepied Accounting Practice) and dpplicable law and re¥ulalion5. The lam. applicable io charities requires the inlee$ to prepare financial $thments for each financial year which give a true and fair view of ihe siaie of affairs of the charity and of the incoming resources and applicaiion of resources of ihe chariry for ihai period. In preparing ihese financial $thMents, Ihe tyusiees are required io.. select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP: make judgements and estimate5 Ihai are reasonable and pwdeni: stat¢ wh¢iher appli¢abl¢ a¢¢ounling siandards have been followed. 5ubje¢l to any Jnat¢ri81 departu$ disclosed and explain¢d in Ihe fjnancial s¢aicmcnis.' and prepare the tinancial siaiemenis on the going concern basis unless it is inappropriate io presume ihai the chariry will continue in business. 'l-he irLlS(ees are responsible for keeping proper accouniing records ihai disclose 1th reasonable accuracy ai ai)y lin)e the financial position of ihe chariiy and enable ihem io ensure ihai the financial staieinei)Is coi)Iply witli tlie Charities Act 2011, the applicable Charities (Accounis and Rewrts} Regulations, and ihe provisions of tlie consiituiion. The trusiees are also responsible for safeguarding ihe asseis of the charity and hence for taking rea%onablc steps for the PTcveniion and delcciion of fraud and oihcr irregulariiies. Approved by ihe trUSeS of the charity on 30 May 2026 and signed on its behalf by: Ms L Hewitt n151ee Page 5
Scottish Women's Institutes Perth & Kinross Federation Independent Examiner's Report to the trustees of Seottish Women's Institutes Perth & KillTh)ss Federation I report on the accounts of the charit). for the J'ear ended 31 March 2026 which are set out on pages 7 to 19. RvsptetiTrt rtsponsibilitieg of trustcos cxaminer The trusiees are responsible for ihe prepardiion of ihe accounts. The tmstees consider thai an audii is noi required for this year under seciion 144121 of ihe Lhariiies Aci 2011 {the 201 l Acil and rhat an independeni examinaiion is needed. It is my responsibility to- examine the account5 under section 145 of th¢ 2011 Act- io follow the procedures laid down in ihe general Direciions given by ihe Charity Commission under section 145(5Mb) ol'the ?0 I l Act: and io staic whcthcr particular mallers have come io my aueniion. IJAs15 of independent examiner's report My examination 'aS carried out in accordance with ihe generdl Directioiis given by ih¢ Charity Coinniissioii. An extttninatiun inLludes a revi¢w of the accouiiling records kepi by ihe charit) and a coinparison ol. Ihe acLounts presented wilh thuse records. It also includes consideration of any unusual ii¢mS or disclosures ii) Ihe accounls. diid seekin¥ explanatiolls frorn you as tnisi¢¢s concerning any such maii¢f5. The priK¢dur¢5 undertaken do nol provide 11 th¢ ¢vid¢nLe that would be r¢quir¢d in an audit and ¢ons¢qu¢nilJ no opiiiion is gi%'¢n as lo wh¢ih¢r tl)¢ ac¢ouiits pres¢n¢ a '¢ru¢ and fair view and the report is limited to those rnat¢ers set out in the next stat¢m¢n¢. Independent examiner's staiement In connection with my examinalion. no matler has come io my aiieniion.. { I I which bjives me reasonable cause io believe thai in any material respeci ihe requireinents.. to keep accoun(inbJ records in accordance w.ith seciion 130 of the Charities Aci 2011: and to prepare accounts which accord wilh the accounting records and coniply 1th the accoui)ting requirements of the 2011 Act have not been met.. or {21 to which. in my opinion, attention should be drawn in order io enable a proper understanding of the accounts to be reached. 3 High Street Kinross KY13 8AW Date.. 1110612026 Page 6
Scottish Women's Institutes Perth & Kinross Federation Statement of Financial Aelivilies for the Year Ended 31 March 2026 Unrestricted funds Total 2026 Note Income #nd EndowmeNt5 from: Menibership subscripiions (includes 2025..26 Federation show fees) Archive grani Fundraising Other trading activities Investment income Other income 36.998 1,000 837 2.503 1.448 2.696 36,998 1,000 837 1.448 Total Income 45,482 45,482 Expenditure on: Raisiii&F lund_s Charitable activities (664) 51.737 (664) 51.737 Total Expenditure Net movemeni in funds (5?.401 {5?.401 (6.9191 (6.9191 Reeonciliation of funds Total funds brought forward 70.640 70.640 Total funds carried forward 13 63,721 Unre51riettd funds 63,721 Toial 2025 Noie Income #nd Endowments from: Menibership 5ub5criptions Fundraising Other trading activities Investment income Other income 19.890 1.324 1,476 19.890 1.324 1,476 2.095 2.095 Total Income 25.935 25.935 Expenditure on: Raising fund5 Charitable activities (849) {?4.5421 (849) {24.542 Total Expenditure {?5.3911 {?5.391 Net movement in funds 544 544 Reconciliation of funds Total funds brought forward 70,096 70,096 Total funds carried forward 13 70.640 70.640 Page 7
Scottish Women's Institutes Perth & Kinross Federation Statement of Financial Aelivilies for the Year Ended 31 March 2026 All of the chariry's activiries derive from continuing operdiions during the above two periods. The funds breakdown for 2025 is shown in noie 13. The niemb¢rship subscriptions includ¢d 5ubs¢ripiions for 2024-25 and 20?5_26. Page 8
Scottish Women's Institutes Perth & Kinross Federation (Registration number: SC026428) Balance Sheet as at 31 Mareh 2026 2026 202S Note Current assets Siocks Cash ai bank and in hand 261 261 7?,238 65.580 72.499 Creditors: Amounts falling due within oTre year 12 (1,8591 (1,8591 Net assets 63.721 70.640 Funds of the charity.. Unrestricted income funds Ilnre8rric(ed tunds 63.721 70.640 Total funds 13 63.721 70,640 Th¢ finan¢ial staiements on pages 7 to 19 were approved by the trn$tees. and authorised for issue on 30 May 20?6 and Sibined on their behalf by.. Ms l. Hewitt 'rru51¢¢ Page 9
Scottish Women's Institutes Perth & Kinross Federation Notes to the Financial Siatements for the Year Ended 31 Mareh 2026 l Aeeounting policies StateNTrent of compliance 'rhe financial siatenienis have been Prepared in accordance with Accounting and Reporting by Chariiies.. Siatement of Recommended Practice applicable to chariiies preparing iheir accounts in accordance w'ith ihe Finaiicial Reporting Stwidard applicable in the UK and Republic of Ireland {FRS 102) (effective l Jonuory 2015)- Icharities SOKP (Fks 10211, the Financial Reporting Siandard applicable in the UK and Republic of Ireland IFRS 1021 and the ChaTities Aci 2011. B4sis of prtparAtiort 8coltish Wonien's Insiiiuies Perth & Kinross Federdiion meets the definition of a public benefit enrity under FRS 102. Assets and liabiliiies are iniiially recognised ai hisiorical cosi or transaciion value unless otherwise 51ated in the r¢levanl ac¢ountin¥ policy notes. E%empiion from preparin% A eash flow. staiemtnt The chariiy opted to early adopi Bulleiin I published on 2 Febrnary 2016 and have therefore not included a cash Ilow statement in Ihe5e financial sia¢emenl5. Going eoncern 'I'he Inisiee5 consider that there are no material uncenainiies about the charity's ability to coniinue as a going Lon¥ern. Ineome #nd endoNment$ Voluntary iniome including donaiions. gifts. legacies and grants ihal provide core funding or are of a general nature is recog?nised when ¢h¢ charity has eniiilement io Ihe inconie. li is probable thai the income will be received and ihe amount can be measured with sufficient reliabilily. Glfi qid Incoming resource5 from tax reclaims are included in the Statement of Financial Activitie5 at the same time a5 the gift to which they relate. Expenditure All cipenditure is recognised once there 15 a legal or constructive obligation to that expci)diturc. Lt is probable 5e(Ilemeni j5 reqiiired and the amount can be measured reliably. All costs are allocated lo the applicable expei)dilure headin¥ that a¥gregate 5imilai cos15 to that Cale¥otv. Where c05t5 caiinot be diiecily attributed to particular headii)¥s they have been allocated on a ba5i5 con515tent with the use of resources. with central staff cost5 allocated on the basi5 of time spent. and depreciation chat¥e5 allocated on the portion of the a55et-5 use. Other 5UPtKIrt Costs are allocated based on the spread of Staff c051s. RaisiuKfunds These are costs incurred in attraciing volunlary income. the managemeni of inveslments and those incurred in trading activities ihat raise funds. Page 10
Scottish Women's Institutes Perth & Kinross Federation Notes to the Financial Siatements for the Year Ended 31 Mareh 2026 Churltuble aLi1vI*S Charitable expenditure comprises those ¢o%ts incurred by the thatity in the delivery of its aeiivilies and services for ils benefieiaries. It includes both costs that tan be allocated directly to such activities and those costs of an indirect nature netessary to support them. Covernance cost5 These include ihe costs attribuiable io ihe chariry's compliance wilh consiituiional and sraiutory requirements. including audit. Strategic managemeni and trusiees's meeiings and reimbutsyd expenses. Ta¥&tion The charity is considered io pass the tests sei out in Paragraph I Schedule 6 of the Finance Aci ?010 and therefore li meeis the definition ora charitable company for UK corporaiion tax purposes. Accordingl>'. Ihe charity is wteniially exenipi trom taxaiion in respect of income or capital gains received 1th1 caiegories covered by Chapier 3 Part I I of the Corpordtion Tax Aci ?010 or Seciion ?56 of the Taxaiion of Chargeable Gains Act 1992, to the exteni that such income or gains are applied exclusively to charithble purposes. StoLk is valued ai the lower of cosi and esiimaied selling price less costs to compleie and sell. after due regard for obsolete and slow moving stocks. Cost is deiemiined using the firsi-in. firstul {FIFOI. C8sh and ¢a$h ¢quival¢ntS Lash Gind Lash equiv£llenis comprise cash on hand and call detx)sits. and other thort-terni highly liquid invesinients that are readily convertible 10 a known amouni of cash and are subject io an insignificant risk of chanu>e ii) value. Borrowings Intcresl-bearing borrowings are initially recorded at fair value. net of transaction costs. Interest-bearing ix)rrowings are SLibsequentl> carried ai amorti5ed cost. M'ith the difference beim.een the pr£ted5. net of trdnsactioi) cos15. and the amount due on redeniption being reco8nised &% a charge to the Statement of Financial Activitie5 over the period of the relevant borrow'ins. Interest expense is reCognid on the basis of the effective inierest method and is included in interest payable and similar Lhars>es. Borrom'ings are classified as current liabiliiies unless the charity has an uncondiiional right io defer sertlement of the liability for ai leasi tm'elve months after ihe reJx)ning dale. Fund .structure Unrestricted income ndS are generdl fijnds Ihai are available for use ai the trusiees's discreiion in furtherance of the objeciives of ihe chariiy. Pagell
Scottish Women's Institutes Perth & Kinross Federation Notes to the Financial Siatements for the Year Ended 31 Mareh 2026 Financial instruments Cla.&fificaiio rinancial assets and financial liabiliti are rttognis¢d wh¢n th¢ charity k¢om¢5 a paty to th¢ contractual provisions of the instrnnieni. rinancial liabilities and ¢quity instrum¢nts or¢ Classifi according io th¢ substanc¢ of rh¢ ¢oiiiraciual arrangen)ents ¢nt¢r¢d into. An equity instruni¢ni is any contrdci thai ¢vid¢n¢¢s a r¢sidual int¢resi in th¢ ass¢ts of the charity after deductin¥ all of its liabilities. Reeoglllllon meusuremeni All financial assets and liabilities are initially measured ai iransaciion price (including transaction costs). except for those finantial assets classified as at fair value ihrough profit or loss. h1£h are iniliall>J measured at fair value Iwhich is normally (he iransaciion price eNcluding Irdnsaction costs). unless ihe aTrangement consriiures a fiiiancing transaction. If an arrangement consiiiuies a financing trdnsaction. Ihe financial assei or financial liabiliiy is measured i Ihe present value of the fuiure payments discounted ai a markei rdie of InreSI for a similar debi insirument. F inancial assets and liabiliiies are only offsei in Ihe sthiemeni of financial kX)Sition H,hen. and only when tl)ere exists a lebially enforceable ribiht to sei off the recognised amounis and ihe chariiy intends either to seiile on a ne( basis. or lo realise ihe assei and seiile the liability simultaneously. Financial assets are derecognised when and only when a) the coniraciual rights io the cash flows from ihe fInl¢la] assei expire or are setiled. bl Ihe chariiy transfers io anoiher pany subsianiially all of the risks ai)d rewards of omnership of the financial assei. or c) the chariiv. despite having retsined son)e. bui not all. significant risks ai)d rewards ofownership. has Iransferred con¢rol of ihe assei io anoiher panv. Financial liabilities are derecognised only when the obligaiion specified in the contraci is discharged. cancelled or expires. Page 12
Scottish Women's Institutes Perth & Kinross Federation Notes to the Financial Siatements for the Year Ended 31 Mareh 2026 Debi IRstrumehts' Debt insirumetjts which meet the following tondilions are subsequentl>' measured at amortised cost using the effective itlterest method-. {a) The coniraciual reium to the holder is li) a fixed amouni: {ii) a posilive flxed rdie or a )sitIve variable rate; or {iii) a combination of a positive or a negaiive fhxed rdie and a Fx)sitive variable raie. {b) The contract may provide for repavments of the principal or the reiurn 10 ihe holder (bui not both) to be linked ts) a single relevant observable index of general price innaiion of ihe currency in which ihe debi insLrument is denominated. provided such links are noi leverdged. {c) The conirdct may provide for a denlable variaiion ofthe reium io the holder during rhe life of the insirument. provided that lil the new raie saiisfies condiiion (al and the variaiion is not contii)geni on fuiure events other ihan I I I a change of a conirac(ual variable rdie: l?) to priAeci the holder againsi credii deierioraiion of ihe issuer: 13} changes in levies applied by a central bank or arising from changes in relevant thxation or la.: or {iil Ihe new rate is a niarket raie of interest and sa(isfies condition la). {dl Thcrc is no coniraciual provision ihai could. by its iernis, result in the holder losing the principal amount or any interest attributable io the Current period or prior periods. lel Coniraciual provisions (hai pemiit ihe issuer 10 prepay a debi instrumeni or pemiii ihe holder io pui it back lo the Issuer before maiurit), are noi coniingeni on fuiure evenis. other ihan io proieci il)e holder ag>ainsi the credii deterioraiion of the issuer or a chang?e in conirol of ihe issuer. or io proieci ihe holder or issuer against chanLies in levies applied by a central bank or arising from changes in relevani taxaiion or law. ID Coniraclual provisions may pennil the exiension of ihe iemi of the debi instrumeni. provided that ihe retum to the holder and any other coniraciual provisions applicable during the exiended ierni satisfy ihe conditions of para&7raphs lal to {¢1. Debi instruments that are classified a5 payable or receivable within one year on iniiial Tecogniiion and which meet the above conditions are measured ai Ihe undi%ounied amouni of the cash or other consideration expected to be paid or received, net of impairnient. With the ex¢eptiorh of some hedging inslruments, oiher debt inslwments not meeling these conditions are measured at fair value through profit or1055. Commitmenis to make and receive loan5 which meet the condilions mentioned above are measured at COSt (which may be nil) less impaiment. Investments in non-convertible preference 5hare5 and non-puttable ordinary or preferente shares (where shares are publicly traded or their fair value is reliably mea5ufdble) are measured at fair value through profit or1055. Where fair value cannot be mcasurcd rtliably. investment5 are measured at C05t le55 impairn)ent. Investmenis in subsidiaries and associates are measured at cosi less impaimient. For invesunents in subsidiaries acquired for Consideration including the issue of shares qualif! ing for merger relief. cost is measured by reference to the nominal value of the shares issued plus fair value ofoiher cortsideration. Any premium is ignored. Page 13
Scottish Women's Institutes Perth & Kinross Federation Notes to the Financial Siatements for the Year Ended 31 Mareh 2026 Derlvuilvefinamclal ltsjlruments The charity uses derivative fi[tial instruments 10 reduce exposure 10 foreign exchange risk and interest rate movements. The charity does not hold or issue derivative r]nat]cial instruments for speculaiive purposes. Derivatives are iniiially recognised at fair value ai ihe date a derivaiive coniract is eniered inio and are subsequenily remeasured (o their fair value ai each reporting dale. The resuliing gain or Ioss is recognised in stsiemeni of finai)cial activities immedia(el>' unless the derivative is designaied and effective as a hedging instnjment. in which evei)I the timing of ihe recognition in staiemeni of financial aciiviiies depends on ihe nature of the hedge relationship. Fair vulue me(4.sUrenrt The best evidence of fair value is a quoied price for an ideniical assei in an aciive market. Wl)en quoted prices are unavailable, the price of a receni iransaciion for an ideniical asset pr()vides evidence of fair value as long as ihere has not been a sigiiificant change in economic circumsiaDCCS or a sigiiifJ¢ani lapse of iiine siiice ihe irai)saciioi) took place. If Ihe market is noi activc and receni rrdnsaciions of an identical assei on their owi are not a go(Kl e5tiinate of lair value, Ihc fair value is estimated by using a valuation lechnique. 2 Incornt from fundraising Unr¢slrici¢d funds Tolgl 2026 Tolal G¢ner*l Raffles Qui£ nigyhi Other- iombola 330 507 330 507 781 389 154 837 837 1,324 J Income frorn other trading actiTrities Unrestricted funds Total 2026 Total 2025 General Trading in¢ome- Calendars and diaries Federation show Stationery Other sales 727 685 1.842 1,842 2,503 2,503 1,476 Page 14
Scottish Women's Institutes Perth & Kinross Federation Notes to the Financial Siatements for the Year Ended 31 Mareh 2026 4 Investment income Unrestricted funds Totgl 2026 Total 2025 General Oiher income from fixed asset investmenrs 1.448 1,448 Other ineome Unrestricted funds Total 2026 Total 2025 G¢neral Perth Show Golf competiiion Fashion Show 26 Choir C¢nlral area fashion show Federation craft ¢la5ses BlairgFowrie Group net surplus Earn Valle>' Group nei surplus Junior Dipper5 net SLirplus (includes grant award) Kinros5 Group net 5urplu5 Kinross Show SUTpIus Ruralynipi¢s The Gathering Walking netball Donations Area lunch Mi%c¢llgneou5 incom¢ Pennies for friendship Inconvenience paymeni 593 50 380 327 593 50 380 327 85 85 150 187 107 536 308 49 49 419 419 100 55 52 55 52 10 80 261 58 58 125 573 80 261 58 60 2.696 2.696 2,095 Page 15
Scottish Women's Institutes Perth & Kinross Federation Notes to the Financial Siatements for the Year Ended 31 Mareh 2026 6 Expenditure on raising funds ) Costs of trading activities Unresirieitd funds Toial 2026 Toial 2025 Gentrnl Nole Costs of purch&s¢s- ¢al¢ndars and diaries Costs of generating fund5 644 20 644 20 798 51 664 664 849 7 Analysls ofiovernanee sllprt costs Charitable attiviti¢$ Unreslrieied funds Toial 2026 Toial 2025 Gcneral Central office levy Rcntal of storage unit Honorarium Engiraving Travelling Federation meeting costs Perth Show net deficit Hall rental Sundry expen5¢S Sport expenses- indoor bowling Ruralympics Carse Group nei deficit Atholl Group net deficit Skills and events net defLCIt Kinross Show net deficit Sirathearn Group deficit Tay Valley Group deficit 37,174 37,174 2.708 2.000 392 99 120 15,945 2.597 2.000 302 2.000 39? 120 4?7 146 83 125 288 55 90 116 71 398 71 398 426 252 50 890 53 3.621 3.621 66 Page 16
Scottish Women's Institutes Perth & Kinross Federation Notes to the Financial Siatements for the Year Ended 31 Mareh 2026 Unrestricted funds Totsl 2026 Total 2025 General Blairgowrie Group net deficit Kinross Group net dcfJ¢it Earn Valley Group nei deficii Independeni examiner's fee Posiage, stationery and telephone Gifts Bank charge5 2.634 508 2.634 508 902 3} 537 902 300 537 756 51.737 51.737 24.542 8 Trustees rtmuntrntion and expenses During ihe year the charity made ihe following trdnsartion5 with tNsitts'. Ms K Smith M% K %niiih received an honorarium of £?.IM)0 (2025: £?.0) and £Nil 12025: £116) of iravel expenses were rL'iI)Ibiirsed i() Ms K Smith during the year. Ms E Chrisiie £9912025.. £Nill of travel expenses were reimbursed io Ms E Chrisiie during the year. 9 Indepethdent exxminer'l remunerthiio 2026 2025 Examination of the financial staiemenis 300 756 Page 17
Scottish Women's Institutes Perth & Kinross Federation Notes to the Financial Siatements for the Year Ended 31 Mareh 2026 10 Taxation Th¢ charity is a r¢gist¢red ¢hwrity and is th¢r¢for¢ ¢xwntrt from wation. Stock 2026 2025 Siocks Raw materials 130 ijo 261 261 12 Creditors: amounts falling due within one v¢*r 2026 Other creditor5 Accruals 1.469 390 1.469 390 1.859 13 Fund$ B#l#net #i I April 2025 Incoming re50urees Resources expended B#lanee #t 31 Mareh 2026 Unrestricted funds General (70.fAOI (45.4821 5?.401 {63.721 Balance at I April 2024 IncominR resources Resource5 expended Balance at 31 March 2025 Unrestricted funds General (70.096) (25.935) 25.391 {70,6401 Page 18
Scottish Women's Institutes Perth & Kinross Federation Notes to the Financial Siatements for the Year Ended 31 Mareh 2026 14 Analysis of net assets between funds Unrestricted funds G¢nernl Total fund5 Current assets Current liabilities 65,580 1.859 65,580 1,859 Total net assets 63.721 63,721 Page 19