Charity registration number.. SC026428
Scottish Women's Institutes Perth & Kinross Federation
Annual Re￿rt 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 SC￿land'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& u￿YCling ¢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 De￿iS1(. 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 TruSt￿S 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 in￿lee$ to prepare financial $th￿ments 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 $th￿Ments, Ihe tyusiees are required io..
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP:
make judgements and estimate5 Ihai are reasonable and pwdeni:
stat¢ wh¢iher appli¢abl¢ a¢¢ounling siandards have been followed. 5ubje¢l to any Jnat¢ri81 departu￿$ 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 trUS￿eS 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. first￿ul {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 reCogni￿d 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 In￿reSI 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 fIn￿l¢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 de￿n￿l￿able 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.sUren￿￿rt
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 sllp￿rt 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