jamesmilne Company regtstratlon number SC170657 (Scotland CHARTERED ACCOUNTANTS Charfty reglstratlon number SC027750 (Scotlandl Aboyne Community Trust Annual rfrport and unaudlted flnanclal statgments for the year ended 31 December 2025
Aboyne Community Trust Legal and admin15trative information Trustees Malcolm D Laing David W Marshall Philip S Lee Alan J Emslie Fiona G Robertson Graham N Taylor Chnslopher M T Grieve Nleholas W Tapper Susan Taylor IAppoinled 17 September 20251 (Appointed 17 Septèmber 20251 Sgcretary Mackinnons Solicilorg LLP Country of Incorporatlon United Kingdom (Scollandl SC170657 Charity reglstratlon Scotland SC027750 Prlnclpal address Aboyne Community Shed Cemetery Road Aboyn AB34 5DZ Registorod offlce 14 Carden Place Aberdeen AB10 1UR Independent examiner James Milne Rosewood Raemoir Road Banchory AB314ET
Aboyne Communlty Trust CHAIRMAN'S REPORT for the year onded 31 Decombgr 2025 On behalf of the Board of Trustee5 of Aboyne Community Trust IACTI, l am pleased to present our financial report for the year 19 31 st Dgcember 2025. ACT ehanged its name from Mid-Deeside Community Trust lo Aboyne Community Trust in Juty 2025. ACT is a communily-based charity which has been in existence now for over 20 years. We continue lo deliver numerous projects that are of benefit lo the local area. Our office is knted in the Community Shed in Aboyne and we employ two part-time offica staff and part-time drivers. There are currently nine DireCtOrsrUsteeS including a representative from Mid Deeside Community Council. A represenlalive of Aberdeenshire Council regularly attends our board meetings as an observer. Our maln actlvFtie5 are as follows.. Communlty Tran5POrt. We operate three buses, all of which have disabled access a 17-seater PUhaSed in Fèbruary 2022, a 17-sealer purchased in 2021 and an older 14-seater. 11 is our intention lo seek funding lo replace one of our larger buses wrth an electric bu8 during 2026. We continue lo fundraise to help keep our fleet of communtty buses up lo a high stsndard of reliaknlity given that we are often transporting vulnerable people. The Dial-a-Bus 13 an important service and lifeline lo many elderly and vulnerable people, giving them acce55 to shops and medical seNces, and remains one of our lop prioritios. We are currently engaging with neighbouring community trusts with a view lo expanding this service. Our Community buses are used by many bcal groups. clubs and s¢hools ¢nabling groaler participation in the local area. We also operate an important hospital transport service. Funding for these servic&s remains under considerable pressure. Aboyne Green Spaces This project maintains the village centre floral planlirigs, sealing and open space5. The floral display in the summer of 2025 was very successful, prompting considerable praise from local residents and visitors. Wsth grant funding and donation8 from local resident5 and businesses we have been able lo acquirg additional planters and hanging baskets. Aboyne Communlty Food Ifomerly called Aboyne Faresharel This project continues lo act as a hub providing food and other e55enlials lo food larders in the ID¢al area, thereby supporting those most in need. We continue lo receive supplies from Fareshare Scotland and local shops and residents as we15 as monetary donations lo enable us lo purchase additional items. Aboyne Paths and Track5 Group This group Continued to carry out maintenance, repairs and improvements to a number of paths in and around Aboyne. In addition, r( produced a new version of ils highly sucsSful 'A Guide to Paths & Tracks Around Aboyne. which is Wide available in local shops and is reproduced on two noliceboards in the village. 11 is also available on the ACT website. Communlty Woodlands. Dvring the year some 10.500 new trees were planted in the Bell Wood. many of them by volunteers on 'communty planting days. A team of volunleeTS continued to Carry out routine rnainlenance to paths and boardwalks. A len year woodland management plan was submitted lo Forestry & Land Scotland and we anlicipale rt being approved mid 2026. Aboyne Blke Park. Although the bike park is well used, no further progress has been made wf(h the proposed pump track and skills extension due largely lo the continuing high cost of insurance. This is a problem affecting all bike parks and pump tracks. We hope that premiums will fall in the next year, othe1$e the continued operation of the bike park may be in jeopardy. Huntly Arms Regeneratlon Prolect Work began during the year with substantial repairs lo parts of the roof. Since then slruclural Work ha5 been continuing inside although progress is slow. Unfortunately, there is little we can do other than maintain contact with the owner.
Aboyne Communlty Trust CHAIRMAN'S REPORT Icontlnuedl for the year ended 31 December 2025 Aboyne Youth Hub Unfortunately, this project eame to an end during the year. Despite the best efforts of the small team leading the project, there seemed little interest In or sUPPOrt for ils a¢livilie$. We hjpe the project may be revived in some shape or form in the near lulure. Deflbrlllator malntenance We look after six defibrillators in the village. We rety totally on donations lo continue this valuable work. Aboyne Community Calendar This Is our newest project. 11 is a virtual calendar of events in and around Aboyne hosted on the ACT website. Preparatory worf( commenced during 2025 and the calendar went live in the early part of 2026. Anyone organising an event which is likely lo be of interest lo the community may apply to have th8 event posted on the calendar. We anlicipale this being a very useful tool for reshlents and visitors, showing what's on, whèn and where. The Board is very grateful lo the many funding bodies who support our operation5. Without this considerab financial help, we would not be able lo continue our current operations. Funding will no doubl conlnue lo be a challenge. We are grateful also to the local residents and businesses who have supported us and, of course, to our staff who frequently go above and beyond what is expected of them. Finally, I would like lo thank our many volunteers who have given their lime and support for our Iccal community. All our projects rely on volunteers. None of our work would be possible without them. Malcolm Laing Chairman Dale..
Aboyne Community Tru$t Tru$tggs' report {Includlng director5, report) for the year andod 31 Dec&Mber 2025 The Iruslees pre$enl their annual pOrt and financial statements for the year ended 31 December 2025. The financial statements have been prepared in accordance wllh the accounting policies sel out in note 110 the financial slalements and comply with the Irusl's governing document, the Companies Act 2006 the Charities and Truste& Inveslmenl (Scollandl Act 2005. the Charities Accounts (Scollandl Regulations 2006, FRS 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland" and the Charities SORP Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accoun15 in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland {FRS 102}'. Obje¢tlvè$ and activities The charity is a public benefit company whose aims are lo encourage, assist. participate in and manage projects designed lo enhance the well-being of the community of Aboyne and the surrounding area. These projects may be of a social. educational. health, cultural or economic nature. Public benefil The Trustee5 confirni that they have referred lo the OSCR general guidance on public benefit when reviewing the charws aims and objectives and in planning future aclwilies and setting policy for the year. Volunleers Thg charity is assisted by volunteers and wishes to thank all Ih(Ise invoed. Achievements and perfomiance Significant activities and achievements against objectives The achievements for the year are described in detail in the Report ol the Ch8imian on page 1. Fundraising prdctices Fundraising is general coordinated by each project leader and we do not Use telephone, email, intemel or house-lo-house campaigns. In particular, donations for our hospital transport and eomrnun((y bus Services are through voluntary donation tins and are not sc4icited. We adhere to our vulnerable personas policy. Internal and external factors We are committed lo environmental sustainability and cutting our carbon emissions. We act Sustainably where possible lo ensur8 recycling. use of online rather than paper files. online Teams meetings and reducing travel whgre possible.
Aboyne Community Trust Trustees. report1Sncludlng dlrectors. report) Icontlnuedl for the year ended 31 December 2025 Flnanclal review The charitable company received income of £90,387 during the year {2024.. £499,934). After expen58s of £132,300 a deficrt of £41,913 arose. which has been included in the charitable company's funds. Income is matehed lo expenditure as afar as possible, which is in line with our revenue recognition policy. Depending on the conditions attached to the income receipt (( may be possible lo defer, or accrue, lo match against expendi(ure. The decrease income this year is due to grants received in the 2024 financial year in relation lo the Aboyne Paths Project, Total funds available are £480.251, of which £97.719 are unrestrid8d. Prlnclpal fundlng sources The continued operation of the communty transport service is. dependent on the ongoing lunding and support from Aberdeenshire Council and the Network Support Grant ITransport Seollandl. In the current climate, funding is key to the succe$5 of ngw initiatives and the Trustees are continually monrtoring the sources of income and grants lo ensure the completion of projects. Going concem Al the lime of approving the financial slalements the Trustees have a reasonable expectation that the charty has adequate resources to continue in operation existence for the foreseeable future. Thus the Trustees Continue lo adopt the going concern basis of a¢counting in preparing the financial slatemenls. Resewes policy The unrestricted fund represents the free reserves available lo the charitable company lo fulfil ils primary objectives. The level of reserves is reviewed on an annual basis. In the event that the charitable company would lose funding from Aberdeenshire Community Transport Iniliatwe, il would look to Continue the bus 5erviee in as far a8 possible for a period of e1ve months. During this period the charitsble company would seek lo secure funding lo continue to operate going fomard. To this extent we have placed 12 months of reserves on deposit as follows.. General £14,000, and Communty Transport £38,000. Any funds resulting in deficit will be covered using the available surplus from the unrestricted funds. Major nsks The trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place lo provide reasonable assurance against fraud and error. Plans for futura perlods Plans for the future are referred to in the Report of the Chaimian on page 1. Structure, goveman¢& and management The charitable company, which 15 limited by guarantee and therefore governed by ils Memorandurn and Article8 of Association, is a registered charity. In the event of the charitable company being wound up, the liability in respect of the guarantee is limited lo £1 per member.
Aboyne Community Trust Trustees. report Ilncludlng dlrectors. report) Icontlnued) for the year ended 31 December 2025 The trustees, who are also the directors for the purpose of c¢Jmpany law, and who seNed during the year and up to the dale of signature of the financial statements were.. Malcolm D Laing David W Marshall Ashley P Barker Philip S Lee Alan J Emslie Fiona G Robertson Antonia Eastwood Graham N Taylor Christopher M T Grieve Nichola5 W Tapper Susan Taylor Brian C Rae {Resigned 17 September 20251 (Resigned 17 September 20251 (Appointed 17 September 20251 (Appointed 17 September 20251 (Resigned 17 September 20251 Recruilmenl and appointment of twstegs The directors of the chartsble company are also charity trustees for the purposes of eharilable Law. Under the requirements of the Memorandum and Articles of Association the number of directors shall not be less than three and not more than twelve. The directors of the charitable company shall comprise.. il ex officio a director nominated by Aberdeenshire Council from among the Councillors representing the Mid Deeside area. ill ex officio a director nominated by Mid Deeside Community Council. iii) such other persons c¢>opled as directors by the Board in accordance with the Articles, and ivl such other persons appointed as directors by the members in accordance with the Articles. Org2nisational slruclu The charitable company's operations are oversegn by a board of directors who meet re9ulaTly lo define, authorise and seek lo implement such projects. Mr Malcolm Laing is chairman of the Board of Trustees. The running of the eharitable company is managed by a small number of paid staff, with the co-ordination of the charity's day to day operations by Margaret Mulcahy. InduCtn and training of trustees The Board strives lo ensure that directors are infonned and educated on their role and responsibilitie¥ as charity director and Iruslee. The Irustee5' Teport was approved by the Board of Twstees. Malcolm D Lalng Trusl¢e L•LL
Aboyne Community Trust Ind&pendent èxamlnerf$ report to the Irustg9s ofAboyng Communlty Trust I report on the finanaal slalemenls of the trust for the year ended 31 December 2025, which are sel out on pages 7 10 20. Respe¢tive rgsponsibllitles of trustees and examiner The charity Iruslees Iwho are also the directors of Aboyne Community Trust for the purposes of company lawl are responsible for the prgparalion of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scollandl Ael 2005 and the Charities Accounts (Scotlandl Regulations 2006.The tru51 Iruslee5 consider that the audit requirement of Regulation 1011llal-Icl of the Charities Accounts (Scollandl Regulations 2006 does not 8ppIy. 11 is my responsibilty to examine the financial slalemenls as required under section 44111{cl of the Chanties and Trustee Investment (Scollandl Act 2005 and lo stsle whether particular rnatters have come lo my attention. Basis of independent examintrrfs statement My examination is carried out in accordance with Regulation 11 of the Charities Accounts IS¢ollandl Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. 11 also includes consideration of any unusual items or disclosures in the financial stslemenls, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide a15 the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the financial statements. Indgpgndent examiner's statement In the course of my examination, no matter has come lo my attention 1. which gives me reasonable Cause lo believe that in any matsrial respect the requirements.. to keep accounting rerdS in accordance wrth Section 4411llal of the Charities and Trustee Investment (Scollandl Act 200S and Regulation 4 of the Charities Accounts (Scollandl Regulations 2D06, and lo prepare financial statements which aecord with the accounting records and comply wrth Regulation 8 of the Charities Accounts Iscollandl Regulations 2006 have not been mel, or 2. to which, in my opinion, attention should be drawn in order lo enable a proper understanding of the financial statements to be reached. Rlchard Chrlstle CA James Milne RD5ewood Raemoir Road Banchory AB31 4ET Date..
Aboyng Communlty Trust Statemènt of flnanclal a¢tivitiOS Includlng incom8 and expenditure account for the year ended 31 December 2025 Unrestricted Restrlcted Total Unrestrlcted Restrfcted funds funds funds funds 2025 2025 2024 2024 Total 2025 2024 Notes Income from: Donatlons and legacies 3,399 6.843 10,242 4.925 5.490 10.415 Administration Aboyne Health Aboyne Youth Projed Community Woodlands Bike Park Community Transport Aboyne Paths Group 2.280 2,280 2.280 4.767 2,280 4,767 1,492 1,492 77 77 4.774 4,774 75,126 1,115 75,126 1,115 82.643 392,787 82,643 392,787 Investments 437 1,180 1,617 511 899 Total Incomg 6,123 84,264 90,387 13,729 486,205 499.934 Expendltur& on.. Administration Aboyne Health Aboyne Youth Project Community Woodlands Bike Pat1( Community Transport Aboyne Paths Group 29,366 10.716 29,366 10,716 4,487 6.011 4,487 6.011 903 903 2,786 2.786 10.924 10 2,808 10,934 2,808 2,084 10 2,669 2,094 2,669 73,878 3,695 73,878 3,895 104,917 417,930 104,917 417,930 Total expenditure 51.909 80.391 132.300 15.368 525,526 540,894 Net Incomgllexpendlturel 145,7861 3,873 141,9131 11,6391 139,3211 140,9801 Transfers be1en funds 16 28.470 128,4701 {20,1121 20,112 Net movement In funds {17,316} {24,5971 141,9131 121,7511 119,2091 140,9601 Rgcon¢lliation of funds.. Fund balances al 1 January 2025 115,035 407.129 522,164 136,786 428,338 563,124 Fund balances at 31 December 2025 97.719 382,532 480,251 115,035 407,129 522.164 The slalement of financial activities includes all gains and losses recognised in the year. All it0Me and expenditure derive from continuing aclivilles.
Aboyne Communlty Trust Slalement of flnanclal posltlon as at 31 December 2025 2026 2024 Notes Flxed assets Tangible as$els 10 276.104 299,453 Current a$set$ Debtors Cash al bank and in hand 11 8,455 208,557 8,278 226.450 217,012 234,728 Crgditors: amounts falllng dug wlthln one year 12 112,8651 112,0171 Ngl curront asso1$ 204,147 222,711 Total assets less current Ilabllllles 480,251 522,164 The funds of the trust Restricted income funds Unreslricled funds 13 14 382,532 97,719 407,129 115.035 480,251 522.164 The company is entitled lo the exemption from the audit requirement contained in $e¢lion 477 of the Companies Act 2006. for the year ended 31 December 2025. The directors acknowledge their re5pon5ibilities for complying with the requirements of the Companies Act 2006 with respect lo accounting records and the preparation gf financial $latemenls. The members have not required the company to obtain an audit of 118 financial statements for the year in question in accordance with section 476. These finan¢ial slalemenls have been prepared in accordance with the provisions applicable lo companies subject to the small cornpanies regime. The financial statements were approved by the trustees on Malcolm D Lalng Trustee
Aboyne Communlty Trust Nolgs to thg flnanclal statemonts for thg year endod 31 Decemb¥r 2025 Accountlng pollcS9$ Charlty Information Aboyne Community Trust is a prThiale company limited by guarantee Incorporated in Scotland. The registered office is 14 Carden Place, Aberdeen, AB10 1 UR. 1.1 Basls of preparation The financial slalemenls have been prepared in accordance with the Irusl's governing docurnenl. the Companies Act 2006 the CharitS and Trustee Investment (Scotlandl Act 2005, the Charities Accounts {Scollandl Regulations 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republi¢ of Ireland" and the Charities SORP "AccDunts"ng and Reporting by Charrties.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 The trust is a Public Benefit Entity as defined by FRS 102. The trust has taken advantage of the provisions in the SORP for charities not lo prepare a statemt of cash flows. The financial $lalements are prepared in sterling. which is the funcb'onal currency of the Irusl. Monetary amounts in these financial slalemenls are rounded to the nearest £. The financial statements have been prep8re<l under the historical cost convention. The principal accounting policies adopted are set out below. The Charity conslilules a public benefrt entity as defined by FRS 102. 1.2 Going conc&m Al the time of approving the financial stalemenls, thè trustees have a reasonable expectation that the trust ha5 adequate resources to Continue in operational existence lor the foreseeable future, Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial slalemenls. 1.3 Charltable funds Unrestricted funds are available for use at the discretion of the trustees in lurtherance of their charitable objectives. Restricted funds are subject lo specific conditions by donors or grantors as to how they may be used. The purposes and uses of the reslricled funds are set out in the notes lo the financial slalements. 1.4 Income Income is recognised when the trust is legally entitled lo il after any performance conditions have been mel, the amounts can be measured reliably, and il is probable that income will be received. Cash donatlons are recognised on receipt. Other donations are recognised once the trust has been notified of the donation, unless perfomance conditions require deferral of the amount. Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Income from Governrnenl and other grants is recognised when the charty is entrtled lo the funds, any conditions attached lo the grants have been mel, rt is probable that the income will be received, and the amounts can be measured reliably and il is not deferred.
Aboyne Community Trust Notes to the flnanclal statements Icontinu9dl for the year ended 31 December 2025 Accountlng pollcles (Gontlnugdl 1.5 Expenditurg Expenditure is recognised once there is a legal or cgnslructive obligation lo transfer economic benefit to third party, il is probable that a transfer of economic benefits wll be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activty. The costs ol each activty are made up of the total of dir1 Costs and shared costs. including support costs involved in undertaking each activity. Direct costs atlribulable to a single activity are 8llocaled directly to that aclivily. Shared costs which contribute lo more than one activty and support costs which are not attributable lo a single activity are apportioned between those actwilies on a basis consislenl with the use of resources. Central staff costs are allocated on the basis of lime spent, and depreciation charges are 811ocaled on the portion of the asset's use. 1.6 Tanglblo fixed assets Tangible fixed assets are initially measured al cost and subsequently measured al cost or valuation. net of depreciation and any impairmgnt losses. Depreciation is recognised so as to wrrte off the cost or valualion of asset5 less their residual values over their useful lives on the following bases.. Land Leasehold Land Plant and equipment Bike Park Motor vehicles not depr8cialod over period of lease199 years) 20Vh slraighl line over 10 years 6 years equal inslalmenls The gain or loss arising on the disposal of an asset is determined as the difference beeen the sale proceeds and Ihe carrying value of the asset, and is recognised in the statement of financial activrties. 1.7 Impaiment of fixed assets Al each reporting end dale, the trust reviews the carrying amounts of rt8 tangible assets lo delemine whether there Is any indi¢alion that those assets havg suffered an impairment loss. If any such indication èxists, the recoverable amount of the asset 1$ estimated in order lo delemiine the extent of the impairment loss lif any). 1.8 Retlrement benefits Payments to defined contribution retirement beneff( schemes are charged as an expense as they fall due. Income from donations andlggacles Unrestricted Restriclgd funds funds 2025 2025 Totsl Unrestriclgd Restrlcted funds funds 2024 2024 Total 2025 2024 Donations and grfts 3.399 6.843 10,242 4.925 5,490 10.415 10
Aboyne Communlty Trust Notès to the financial statements Icontinuedl for the year ended 31 December 2025 ncome from Charltable actlvltles Unrestrlctèd Restrlcted funds funds 2026 2025 Total UnrestrIOd Restrlctgd funds funds 2024 2024 Totsl 2025 2024 Admlnistration Income 2.280 2,280 2.280 2,280 Aboyne Health Grants 4.767 4,767 Aboyne Youth Project Grants 1.492 1.492 Community Woodlands Income 77 Blke Park Grants 4,774 4.774 Communlty Transport Income Grants 16,243 58.883 16,243 58,883 23,038 59,605 23,038 59,605 Aboyne Path$ Group Income Grants 115 1.000 115 1,000 392,787 392,787 2,287 76,241 78,528 8,616 480,204 488,820
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Aboyne Communlty Trust Notes to tho financlal statements {continuedl for thg year ended 31 December 2025 Incorne from invgstmgnts Unrestrlcted Restricted fvnds funds 2026 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Interest receivable 437 1,160 1,617 188 511 699 13
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Aboyne Community Trust Notes to the financial Statements {conllnuedl for th& year ended 31 December 2025 Net movement In funds 2025 2024 The net movement in fund$ 15 Staled after chargingllcredilingl.. Fees payab5e to the charity's independent examiner.. for the independent examination of the charity's financial slalements for other financial services Depreciation of owned tangible fixed assols 3,720 198 23,349 3,510 23.564 Trustees None of the Iruslees lor any pgrsons connected with Iheml received any remuneration, benefits or expenses from the trust during the year12024 £nil). Employoes The average monthly number of employees during the year was.. 2025 Number 2024 Nurnber Employmgnt costs 202S 2024 Wages and salaries Other pension costs 38,391 42,893 68 38,391 42,961 Staff costs are allocated across funds, restricted and unrestricted based on hoyrs worked in oach activity. There were no employees whose annual remunefallon was more than £60,000. Taxation The charity is exempt from taxation on rts activities because all rts income is applied for charitable purposes. 16
Aboyne Communlty Trust Notgs to the flnanclal statements Icontlnuedl for the year ended 31 December 2025 10 Tanglblè flxed assets Land L8asehold Land Plant and gqulpment Blkn Park Motor vehlclo¥ Totsl Cost At 1 January 202S 242,904 19,729 67,260 158,745 489,638 At 31 December 2025 242,904 19,729 67,260 158,745 489,638 Depreclation and impaimient At 1 January 2025 Depreciation charged in the year 220 13.961 67,260 108,744 190,185 10 2.498 20.841 23,349 At 31 December 2025 230 16.459 67,260 129,585 213,534 Carrylng amount At 31 Dernber 2025 242.904 770 3,270 29.160 276.104 At 31 Decernber 2024 242,904 780 5,767 50,002 299.4S3 11 Dobtors 2025 2024 Amounts falling dug withln on$ year. Trade debtors Prepayments and accrued incom8 3.683 4,772 4,469 3.809 8.455 8,278 12 Croditors: amounts falling due wlthln one year 2025 2024 Trade credf(ors Accrua15 and deferred income 8,947 3,918 4,148 7,869 12,865 12,017
Aboyne Community Trust Notes lo the flnanclal statefnents Icontinuedl for the year 9nded 31 December 2025 13 Restrlcted funds The reslricled funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 January 2025 Incomlng Resources resources 8xpendod Transfgrs At31 Decgmbgr 2025 Ladywood Bellwood Aboyne Bike Park Association Deeside Communrty Bus Transport Aboyne Paths Group 780 242,904 22,554 {101 770 242.904 21,096 12,8081 1.350 130,689 10,222 81.217 3,047 173,8781 13,6951 129,8201 108,188 9,574 407,129 84,264 180,3911 128.4701 382,532 Previous ygar: At 1 January 2024 In¢omlng Resources resou0$ gxp•ndod Transfers At31 December 2024 Ladywood Bellwood Aboyne Bike Park Association Deeside Community Bus Tran5POrt Aboyne Paths GTOUP 790 242,904 {101 780 242.904 22.554 5,263 12,6691 19.960 148.794 33,850 86,648 394.294 1104,9171 1417,9301 144 130,669 10.222 426.338 486,205 1525,5261 20,112 407,129 Ladywood Long leasehold communty woodland Bgllwood Freehold community woodland Aboyne Blke Park A$so¢iallon Funds lo provide a bike park IPh88e 21 in Bellwood Deeside Communlty Bus Transport The operation of all community transport busses Aboyne Paths Group A project to fund paths in the loeal area
Aboyne Community Trust Notes to the flnan¢lal statements Icontinuodl for the year ended 31 December 2025 14 Unrestrict9d funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject lo specific conditions by dongrs and grantors a5 to how they may be used. These include designated funds which have been sel aside out of unrestricted funds by the Iruslees for specific purposgs. At 1 January 2025 Incomlng Resources resources expended Transfers At31 Decgmbor 2025 General fund Aboyne Health Aboyne Youth Project Aboyne Wellbeing Community Woodlands 17,586 19,534 10,545 20.228 47.142 2.970 421 104 1.991 637 129,3661 13,4041 19031 17,3121 110,9241 29,020 2,000 (1,5501 1,000 {2,0001 20,210 18,551 8,196 15,907 34.855 115,035 6,123 151,9091 28.470 97,719 Prevlous year.. At 1 January 2024 Incomlng Resour¢¢s resources expended Tran$fers At31 Dg¢ember 2024 General fund Aboyne Health Aboyne Youth Project Aboyne Wellbeing Community Woodlands 23,273 20,059 28.371 16,458 48,625 3,203 1,833 3.316 4,785 592 {4.4871 14,3491 12,7861 11,6831 12,0831 {4,4031 1,991 118,3561 648 17,586 19.534 10.545 20,228 47,142 136,78S 13,729 115,3681 120,1121 115,035 Aboyne Health Formerly Communty Education. Projects promoting health such as communrty food initiatives, communty education and defibrillators. Aboyne Youth Project A project to facilitate activities for younger people Aboyne Wellbeing Formerfy Aboyne Centre Enhancement Scheme. Promotes projects such as Green Spaces with socal businesses to encourage regeneration of the village and new initiatives in the communily. Communlty Woodlands Operation of freehold and long leasehold communty woodlands. 19
Aboyne Communlty Trust Notes to the financial statements Icontlnued) for the yoar ended 31 D•cemb8r 2025 15 Transfers Transfor beeen funds Transfer of £32,370 to Adminislralion from various funds for management expenses Transfer of £1,500 from Youth Project to Bike Park for Phase 2 extension. Transfer of £1,000 from Administration lo Green Spaces Project Transfer of £1,000 from Adminislralion lo Health for Defibrillators Transfer of £1,000 from Adminislralion to Health for Community Ca18ndar Transfer of £1.600 from Youth Hub Iremainiro balance) lo Youth Project 16 Analy515 of net assets b?e8 funds Unre$lricted funds 2025 Restrlcted funds 202S Total 2025 At 31 December 2025: Tangible assets CurTent assetsllliabililiesl 1,894 95,825 274,210 108.322 276,104 204,147 97,719 382,532 480.251 Unrestrlctgd Restricted fund5 funds 2024 2024 Total 2024 At 31 December 2024: Tangible assets Current assetsl{liabililies) 3,602 111,433 295.851 111,278 299,453 222.711 115.035 407,129 522,164 17 Flnancial commitments. guarantee$ and contlngent Ilabllltles The BelOOd 13 subject lo a right of preomplion by Mr Michagl Bruce and his successors as owners of the lands and barony of Glentanar. It applies if Aboyne Community Trust sells the whole, or any parts, of the Belood. The price wi(h Mr Bruce and his succes50r5 are to pay. if they exercise the right of pre- emplion, is the lessor of.. al the price offered by a bona fide purchase for the value. and bl £400 per hectsre. plus the market value of all standing limber 18 Related party tran$a¢tlon$ There were no disclosable related party transactions during the year12024- none). 20