Digitally Signed Document D￿Urnent ID.. 4232143F21FBF4 Document Details -ilen#me: ?025 full aC￿.PDF Client of: Thomas Barri¢ & Co Signature Details Ncil Cdmpb¢ll dire¢iorCthfallsofdo¢hart.org.uk Date & Tlme: 7910612026 22=46=43 PM IBSTI I P .Addrcsts: 185.172.120.184 N¢il Campb¢ll Confirnis that lh¢ inf0rn12tion is Lorrccl and complele to ihe best of thcir knowlcdge nd belief. 4ilgnlng Sixtemenl: Digital Ccrtificate Th¢ approv¢d PDF fil¢ ha5 been digitally f¢ftifi¢d.Pl¢a5¢ ¢h¢ck th¢ Digital C¢rtifirat¢ information in yollr PDF view'er 10 verify the Di#iial Ceniflcaie autheThiiciiy and ihe PDF has noi been iampered M'iih. n behalf of: Thomas Barrie & Co PDF digital certificate: IRIS Software Group Limited l)i%ital certificate issued bi-: Globalsign Please keep a copy of thi5 docutnent for your records. REGISTERED CO%fPANI' NL'NIBER: SC230868 (Scotland REGISTERED CH.4RITh liu￿[BER. SC033119 RT FTHETR TF.E UDITF.D FINANCIAI. STATENIF.NTS FOR THE YEAR EliDED JII SEPTE%IBER 2025 OR ILLI% CARE TR IPAPil' LIIIITED BI. ',IRANTEE Thomas Barric & Co LLP Siatulory Auditi)r ChaTt¢Td Accountants 4th FILXV. Ailaniic Housc la Cadogdn Stre Glasgow G2 6QE KILLIN CARE TRUST CONTEPITS OF THE FIN.4)CI.4L ST.4TE%IENTS for the ear ended 30 SEWIL)IBLR 2025 P•ge Reference and AdThinistratii'e Dcfails Report ol th¢ Trustrts Report ol lh¢ lttd¢wttd¢tti Audliors St4itmeni of FIn•￿¢1¥1 Acili'liles Balgnee Sheei Cash Flow Stat¢ment 10 Not¢J to th¢ Cash Flow Slxt¢m¢nt Notu to th¢ Flnan¢lg1 St*t¢m¢nts 12 to 20 D¢t8ll¢d Stal¢m¢nl of Flnxn¢l8l A¢tli'ltl¢s 21 ¢0 22 KILLIN CARE TRUST REFF.RF.NCF...I%D.-11)IIIIIS"J"K,I"I"II'F. I)F.TAIIS for the 'egr ellded 30 SEPTE.IIBER 2025 TRUS-fLES C J Anders￿ (Tesigned 5.5.261 P A Simpson Ircsigncd 5.5.261 N M Campbell S M B￿uMonI A Dowling M McDiam)Jd {ap￿1￿*d 20.1.261 COMPANY SF.CRF.TARY N Lang RLGlS'fLRLD OTrTrICL Falls of D(￿hart Reiircmeni Home MJin S¢yeei Perthshire FK218UW RECJISTERED COMPANY NUMBER SC230868 (Sc￿11￿dI RF:C:1s'rTr:RED CHARITY Nu￿1￿ Tr.R SCO33119 lTr*DEPENDENT AUDITORS Th¢jrn￿ Barrie & Co LLP Sthiuiory Auditor Charfcrcd Arcounthn¢s 4ih Floor. Ailaniic Hous¢ la C8d(Trgan Stre Gl&sgow G2 6QE Page I KILLIN CARE TRUST RF.PORTOF THF. TRLSTFF.S for the 'trar ettded 30 SEPTE.IIBER 2025 The imstees who are also directors of the cl￿rity for the purrK)ses ofthe Compames Aci 2006, preseni their report with the financial Stsl¢Tnents of the charity for the ￿ar ended 30 Septembei 2025. The trustees have adopt￿ the provisions of Accounting and Re￿>rtIng by Charities.. Stsiemeni of Reconunended Practice applicable to cliarities preparing their accounis in aLcordancc H'ith the Finaneial Rcp)rting SLqndard applieablc in the UK and Rcpublic of Ireland IFRS 1021 l¢ffe¢tive l January 2019). OWECTII'ES AND ACTIIITIES Objectives and aims The Lhaniy's objeLlS, as sei out its Memorandwn aNI Arti¢les ofA&wiaiion ar¢.. 111 To Telieve the needs of people WIM) are elderly or are otherwise in of care within North Wesl Highland Stirlingshire Iineludinbi Ihc villag¢of Killinl2s dcfitwd by Ix)undari¢s of Killin, Sir2thfill2n 2nd Balquidd¢r Communiry CouDLils Iihe'OpeTaling Arwd). 121 To provid¢ or Lssist in th¢ provision of housit18 for wl¢ in n¢¢¢ssi&)￿s ¢ir¢wnsthTh¢¢s within th¢ ojwdiing ar¢8. 131 To PTovid¢ ducalion and kn pr(￿le training PTO8rammes and optx)rwrbiiies for the benefit of the Tesidents of the operating area. 141 To PTomole. e.%labli%h and operale andlor supm other schemes of a charitsble nature for ihe bencfil of the community within Ihc opcraiing area. Sl%nltlcanl ActlTrltle5 WL prc>vi(li il %iil¢ and ¢omfonablc et)vironmcni ai The Fall$ of D(Khart R¢iir¢m¢t)i Hom¢ for our ¢ld¢rly ￿sidents.. The￿ rL%idLnis mustly have liv¢d or Ihcir ￿latIVeS liv¢ in our OPernlin8 area. Our aTC fully ¢rnincd io mcci Ihcir need4 and iu pro￿lde %ocial Inc1￿￿10n wiihin our village ofKillin. ACHIF.VF.MF.NT8 AND PERFORMANCE Charltiblf #ftlvltle5 During Ihc ycar.. We continue 10 provid¢ our r¢sid¢nts with a gtyyj ex￿￿¢￿¢¢ of lif¢ #i Ihc Falls of D(Khart Reti￿l￿ent I loinc. Wc maintain a high Ic%'cl ofcarc sup￿(cd by an ctTcclivc Irdining and dcvcl¢Jpmcnl prograinmc for ihc ststT. Thc fabric of the HOML is kept 10 a hi¥h.%iandaTd in order for it 10 be a'home fr￿ knme, 2nd forour residLnts lo be %2fe. We havc continucd to adoplion infomiation and communication t¢chnoloBY IICTI which has scrvcd lo incTea5¢ ¢￿ICiencY and allow IhL LarL'r sialTtO SPLnd e%'Ln more iimL wilh our residLllLs. We LoniinuL 10 impn)ie and Inake IhL gTrardLn InOTL aiie%%ibl¢ fgr our ff51d¢n15. Int¢rgen¢rational work with child￿tt Killin Nur5¢y ¢Qtttinu¢5 to ¢nn¢h the lJv¢s gf our rc5idcnt5. We undertook major ff furbishment of the two rooms on th¢ ground floor which in¢reas¢d both the n)om six¢% and th¢ size of en suile facililie5. FINANCIAI. RFVIF.W Flngncl#l posltlon Th¢ ihdnty ¥¢n¢rat¢d 3 Surplus of £52,681 for th¢ year 12024 Deficit-£45,558), whjch included r¢fvrbi5hment & renc￿'aurCpair c051s in the region of £23k. C-ash reserves around the I1(￿k inark and arc Ihcrcforc sufficicnt lo Cn5urc thc continuity of ihc charity's 0￿ratiOnS. Principal funding sources The PnllLipal lundin¥ 40ll￿e of the charity is from frts charged to ￿sidentS for use of the fa¢ilities, some of which ar¢ paid by local auihorili¢s. Additional amounts are received from authDriiy grants and th)natiotts from various bodies and indiwidllals. Page 2 KILLIN CARE TRUST RF.PORTOF THF. TRLSTFF.S for the 'trar ettded 30 SEPTE.IIBER 2025 FINANCIAI. RF.VIEW Reserves polici. The Itust¢¢% ha￿t examined chaTily's requ]remenL% for tesetves in Iighi of the main risks to the organiS￿li0A. lrt doing so they considered the reason why ihe chariry needs resrrickd and urhresrriaed fvnds. the level of these Teserves required and the steps io be raken in ordLY io esLqblish and maintsin rtserves ai the Jwuired level. Th¢ targ¢i s¢1 by ihe trust¢e5 was io build up reseTve5 equivaleni 10 three Tnonths running costs. and thi5 has bcen achieved. Ai the year end. the charity held unresiriaed fimds of £247.381. Our fvnds rernain healthy, and donation5 are still good. W¢ do not anticipa* any financial issues over the next 12 Tnonihs. u-ruR Tr- PI,ANS WL intLnd io coniinue 10 providc a high l¢v¢l of ¢are atKI dignity forow r¢sid¢ns. Our commitment to profe55ionalism and staff training remains resolute and during the year all staff will continue their training and dewelopmeni, predominanily bui noi eXcI￿51Ve1Y based on SVQ qualificaiions. We plan to take eare of the siaff go Ihly LontinuL 10 ihrive and ¢oniinu¢ io proi'id¢ an ouisthtwjing s¢rvi¢L' foT our n¥id¢r)ts. STRUCTURE.GOI'ERYAliCE AYD hIANAGE￿IENT CoverninLY document ThL ihariiy 1% ¢ontrolli￿ by 11$ govcrnir)g dLKum¢ni. a mcmornndum w)d ani¢l¢s of asgxiaiion, a¢)d consii¢ui¢s a limiicd LL)mpany, limilld by guarnniee, as definlxl by th¢ Companies Aci 2(Ikn. In th¢ ¢v¢nt of th¢ Company bcing wound up m¢mb¢rs or¢ rowir¢d io ￿ntribU1¢ an smouni eX¢¢￿Ing £1. Re¢rultmenl and gppolntment of new trustees M¥mbir% wishin¥ Iv biiL)tn¥ Irusl&Ls inusl ￿. rn*omm¢ndcd by Ihc board or PTO￿%¢￿ by a fello￿ member of the charity, in advanLe ol. Ihc grneral mcciing. Thc rncmbcr Ihcn .slands for clcction at a gencral mecliiig. The board may co-opl no more thdn fiv¢ additional InJst¢c¥ who stand for ¢l¢aion at th¢ n¢xt Annual G¢n¢ral Meetin¥ if wishin¥ to ¢onlinu¢ as a IrLisICC, Or&p#nl*itlnnsl itru¢tur¢ Thi IM)ard uf niana¥LniLni mccl quartcrly lor more ollcn if requircdl and has rc5ponsibility for all s¢ralcgic dccLSloll5 of the Lhariiy. Opcrational decision5 arc dclcgatcd to senior staff, wilh the trust￿S having ovffall rcspon5ibility for day-to-day managcmenl of thc charity. Induction trainin% Orne￿ Iru5(ees All nLw B()ard m¥mk.r¥ ari. Lndu¢W¥i by the tnLSL¢¢S of th¢ ¢harity. Related partle5 Th¢ conipany is 3 51and-alon¢ chatity. STATF.MENT OF TRUSTEF.S' RF.SPOY.SIBII.ITIES Th¢ Iru5t¢¢s (who ar¢ also the directors of Killin Care TTU5t for thc purposes of company lawl are r&4p0115ible for preparing the Rcpon of the Trus(ccs and Ihc financial SLqicmcnts in aceordancc wilh applicablc law and Uniicd Kingdom Arr()unting Standards (United Kingdotn G¢nerally Acceptd Accounling Practice) Including Financial Reporting Stsndatd 102"The Financial Re[￿l￿g Standatd applirablt in the UK and Republic of Iteland". Page 3 KILLIN CARE TRUST RF.PORTOF THF. TRLSTFF.S for the 'trar ettded 30 SEPTE.IIBER 2025 STATEMENf OF TRUSTEF.S' RF.SPOYSIBII.ITIES- conlillued Cornpany law requires the t￿Slee5 to prepare financial stsiements for &8ch financial year. Under that law, the trustees have elL￿ted to prLI)are the financial siaiemcnts in acconlartec with UniiL%I Kingdom Generally AcCep￿d Accouniing PTa¢ii¢e Iurtited Kingdom A¢¢ount￿g Sthndards and appli¢able lawl. Under company law the th1s￿eS musi noi approve the fitlancial Sts￿n[s unless ￿Y are satisfied that they 8ive a llue artd fair view of the state of atTai]y of the ehaniable Lompathy and of the Incoming resourees and application of TLsources, including the income and ex￿ndIt￿re, of ihe charitsble company for that kKri(NJ. In prewing those financial ststenients, Ihe Iruslees are required to select suitable accounting policies aT￿ then apply thern consi51erbtly: obseTh'e the methods and principles in Ihe Chariiies SORP: make Jiidgcmcnts and esiimaies thai ar¢ rrdsonabl¢ and pnLdent,' prLparL thl firtartlial stalLm¢rtl% ort the goLng Concern basis mless il 1$ inappropriaie w p￿￿ne thai the charithble company will continue in bu5ines5. ThL Inisiecs an. rL'sw)nsibl¢ for k¢cping PTop¢r a¢¢oJthiirtg r￿)￿dS whi¢h disclos¢ *'ith ]Y)sonabl¢ accuracy ai any iiinL Ihe financial position of the chari¢able company and io enable them to ensure that the fiiiancial 5taieinen15 comply with the C'ornpanics Act 21M)6. They are also responsible for safcguarding the assets of Ihe charitsble compaiiy and hcnce for hiking r¢asonabl¢ $icp$ lor Ihc pr¢v¢t)iion and ddttiion of frnud at)d othcr iff¢gulariii¢s. In 50 far as the Iru51ees are aware.. therL is no relcvani audil infom)aiion ofwhich the Charitablc Com￿ny'S audiiors ar¢ uriawart., and thL Iru%tee% have iakcn all sicps thai they ou8hi ￿ have tsken 10 make themselve5 aware of any rclevant audit infomiaiion and 10 ¥%iablish thai lh¢ oudiiors ar¢ awajr of thai infomi8110n. AUDITC)R.S ThL 4udili)r%. Thom&% Barric & Co LLP. will be wop)s¢d for re•appointment ai the forthcoming Annual Gcncral Mcclin¥. Apprtsvcd by order of (he i*Mrd of irus*ts on 29 June 2026 and $i￿¢d on its be￿1( by.. P A Simpson- Trustee Page 4 REPORT OF THE IYDEPEP4DETr4T,IL'DITORS TO THE TRUSTEES AND MEMBERS OF KILLIN C.4RE TRLST Oplnlon We haN'e audit¢d the financial slat¢Tnents of Killin Cate Trust (the 'charitable COTnpany'l for the year elided 30 September 2025 which comprise the Stsiement of Financial Ac1]￿111¢S. Ihe Balance SheeL the Cash Flow Stateinent and noies 10 the firtaneial siaiemertts, including a summary of significani accouniing wlicies. The financial reporting frarnewoTk thai ha5 iKen applied in their prep3rJtion is applicable la￿ ar￿ United Kingdom Accounting StaDdaTd5 (United Kingdom Generally Accepted Accouniing Praciicel, including Financial RetM)ning Standard 102 The Fi[￿nCIal RcponinB Standard applicablc in ihc UK and RLTrublic of Ircland.. In our opinion the financial 5tatetn¢llts'. givL a irne and fair view of the of the charittble company's affairs as ai 30 Seprember 2025 and of its incoming rLW)urces and applicaiion of resources, Incllldithg Jts income exwidiiure, for Ihe ytrdr then ended,. hav¢ been properly prepared in accordance w'ith Uni*d Kingdom Generally Accepted Accouiilin¥ Practic¢, including Financial Reporting SiandaTd 102 The Financial Re￿IlThg Sthndard applicable in the UK and Republic of Ireland,; and hav¢ been pr¢paTed in accordance with the requireynenis of the Companies Act 21)06. the ChaNlie5 and Trustee Inweslmenl (Scoilandl Act 2(K)5 a[￿ R¢8ulaiion 8 of the Chariries Accounts (Scoilandl Regularioiis 2006. Basi5 for opinion WL coliduLtL￿d oiir audit in a¢¢ordan¢¢ with International Standards on Auditing IUKI IISAS {UKII and appli¢abl¢ law. Our rigponsibillliL￿ undLT ihosL siandards atc fvrth¢r Ilcscnl￿￿ in Ihc AudilOTS' rL%p)nsJbilJlics foT thL audil of the rinancial siatements 5¢ciion of our rerx>rt. We are independeni of the charithble company iii accoTdaiice wilh thc cthiLal rcquirLments thai are relevant 10 our audit of the financial sthkments in the UK. iiicluding the FR( s Ethical Standard. and WL havc lullillLd our oihcr cihi¢al r¢sponsibiliti￿ In a¢¢ordan¢e with th¢sc rcquircm¢nts. W¢ bcli¢v¢ thai ihe audii c￿1dLnlL WL havL obiainLd 1% 4ufficicnl and appropriat¢ Io Providc a bas'i% for ouropinioii. Conelu$lon$ rolailng io RolnR Concern In uiidiiingr IhL lin4iiiLial %14llLmLtIl.%. H'c have conclth ihai the m￿leeS, of the goin8 concern basi5 of accouiiling in Ihe prcparaiion of Ihc financial siai¢m¢nts is appropriaie. BUIL￿ on IhL w(ITk wc havc performed. we have noi ideniified any maierial unccriainlic5 rclaiing to cvcnLS or cundiliun thai. indifvidually or eollecti￿.Cly. may c&si %ignifieani doubi on ihe ehariLryblc company'4 ability 10 coniinu¢ as a uoin ¢onL¢m Ivr a ￿riod of ai Ic&st Iw¢lwc mor)Ihs from whcn ih¢ finan¢ial 5th1cmcnts art auihoris¢d for i55U¢, Our resrx)nsibiliiiLS and the resJN)nsibiliiies of the trusiees wih respeci to goin8 Concern are described in Ihe relevant lions ofihis report. Other Inform#tlon Thc truslccs arc rcspon5iblc for Ihc oihcr infortnalion. Thc oihcr infonnalion comprisc5 Ihc inforrnation includcd in thc Anniial RLport. oihLr Ihan the financial sthiemenis and OUT Report ofihe IndLpendeni Auditors Ihereon. Our opinion on thc financial slatemcnts docs Mi rover Ihc other infornw¢ion and. cxccpt to the cxteni othcnvi5C expliLiily slated in our report. we do not express any forni ofassurance concl￿S1on thereon. In ronnection with our audi¢ of the financial staI￿ne1)ts. our resp(￿sIbIlity is to read the other inf0m￿tIOn alld. in doing so. con5idcr wheihcr ihc other infonnalion is matcrially inconsistent with Ihc financial statcincnts OT our knowlcdgc obiainLd in ihe audit or oihenYi* ap￿￿￿$ io ￿ materially Miss￿(e￿. Ir we ideniify such material inconsJ%lLnLies or apparent Tnal¢Tial mis51atern¢nt5. we are T¢quird lo d¢*Trnill¢ wh¢th¢r thi5 gives rise ¢0 a tnaterial Tnisstsl¢ni¢nt iii the financial statements thctnsclN'c5. If. based on the work we have ￿ormed. we concludc that Ihcre is a material missiaiement ofihis other inforn)aiion, we are WUiTed 10 rerM)rn ihai faci. We have nothing to rewt in this regard. Oplnlons on other m9tters prescrlbed bl. the Companles Acl 21 In c)ur ()pinii)n, bd%ed ()n the w'utk undertaken In Ihe L()uf%e ufihe audit." the infortnation given in the R¢pxTrrt of the Trustees for tk flnancial year for which the financial statetnents are prepared is con5isielll with ihe financial 51alem¢nts', and the Rwrt ofthe Trn%iees has prepared In accordance with applicable legal requtrements. Page 5 REPORT OF THE IYDEPEP4DETr4T,IL'DITORS TO THE TRUSTEES AND MEMBERS OF KILLIN C.4RE TRLST Matters vhich ve are Tequired io report bi. eiception In the light of the know'ledge and understsnding of Ihe charitsble company and its environtnent obtained in the course of the audit, we ha￿e noi identified material missLqiemertis fft the Rew)rt of the Ttusiees. We have noihing lo repon in respect ofihe following matters where ihe Companies Act 2(K)6 and the Charities Accounts (Scoilandl RL8ulations 2(K)6 las amcndcdl rcquires us ￿ rewrt io you if, in our OPLtJi0n.' adequate and PTopei accoiinijng Te¢ottb have noi Iwh kept or rel￿rns for ollr audii hawe noi been weived from bTanche5 not v15ited by u5: or rhL financial siaiemcnis are noi in a8reemcni with the accowiiit)g records and renrns: or certain discI(￿ureS of injsiees, remurteraiion s￿lfIed by law are noi made," or 'e haN'e not Teceived all the infoTtnalion and explanaiions we require for our audit,. or the In151ees were not eniitled to thke adi'aniage of the small companies exetnptton from the requirement to prepare Straicgic RLV>rt or in preparing the Report of thc TnLSI¢¢S. Responsibllltles of trustees As ¢xplain¢d mor¢ fully In Ihl Sia¢emthi of TnL8¢ees' Resr*)nsibilJlies, the are ttsw)nsible for the pre￿rat10ft of Ihe linancial sialements and for king satisfied ihai they give a mie and fair view. and for such iiiternal coiitrol as the IrusrLx's dcicrmjnc is n¢c¢ssary 10 ¢nable th¢ pr¢prdI1￿ of fin8n¢ial sL8￿Men1s th21 ar¢ fr¢¢ from mai¢rial missLqicmcnr, whcther duc 10 fraud or crror. In preparing the financial staiemenis, the trus*es are resrM)nsible for a￿Ing the charithble company's ability lo coniiniiL as a going ¢on¢cm, disclosin& as applicabl¢, maitcrs r¢iJicd 10 going con¢¢m and using lh¢ ¥oin¥ ¢on¢cm basis of acL(iuniing unlc4% the tTU%tce%' eiiher liquidaie ik charitsble company OT lo cea%c opcration%. OT havL Iii) Tealislic alicrnalive bui ￿ do so. Our re5ponslbllltles for the audlt ofthe financl81 slitement5 Our obj¢¢iiv¢% are 10 obtain rw8onabl¢ assuran¢c aly)ui whcth¢r ih¢ financial iiai¢m¢nis as a whol¢ ar¢ frcc froi muiLrial mi%&iai¢meni. wh¢ihcT du¢ 10 fraud or error, and 10 issue a of ihc Ir)(JcE*ndeni Auditors Ihai include5 our (Ipinion. Reasonable assurnnLC is a hibyh Icvcl of&s%urnnee. bui is noi a biuardiiiLL ihai an audii LonduLicd in aLLordanLL with ISA% IUKI will always deieci a material miksiaiemeni when li exills. Mi%%iaieinenL% can ari%c froin fraud ur Lrror and att consid¢rcd maicrial if, individually or in th¢ aggrwic, they Could ￿&￿I)ablY ex￿Cted 10 influcncc the economic decision5 of users taken on ihe b&%is of Ihese financial staiemenLs. The cxt¢ni ¢0 whi¢h our procedures are Capable of dete¢iing ittegulariiies. including fra￿ is detsiled below.. whi in Based on our under51anding of the charitsble compony. the Sects￿ in which il op¢rate5, and through di5CU&8Lon with managemenl1&s required by auditin8 Starmknrdsl. we identified thai the principal risks are.. Non-complianr¢ with the I￿VISiOnS of laws and regul￿10￿5 generally recognised (related to h￿1th and safety, anli-bribery, money laundcrin8 Ic8islation and Lgx law) 10 have a direti affect on the deterniinaiion of maierial amounts and di%Llo%ure% in the finanLLzI siaiemenL%,' Thc risk of managcmenl overridc of inlcrnal controls or bi&% by the dir￿torS that rcprcscntcd a risk of malcrial mi&%iaiement dlle 10 fraud: and - The risk of not identified related party ¢rdfLsactiotLS. Audit proc¢duT&% p¢rfoTrned by the engag￿t￿nt ¢¢aTll - enquiring of management as io actual and p)icniial Iiiiwdiion and claims; - performing low lei'el analyiical procedures io ideniifythtty ￿n￿%￿al or unexpected JEl*ionships thai may indieats nsks of TnateTial mi&statern¢nt due lo ftaud= invcsiigaling Ihc ralionalc bchind signifLcani or unusual iran&qaions: - reviewing minutes olmeetirtgs of those eharged with goi'emance: id¢ntifying and a55¢5sing the design and eff￿tive￿¢Ss of contyo15 and Thanag¢rnent has in place to PTevent and detect fraud,. and - agreeing financial SLqtement dI￿10S￿reS io underlying suprM)rting 4knumenthiion. Page 6 REPORT OF THE IYDEPEP4DETr4T,IL'DITORS TO THE TRUSTEES AND MEMBERS OF KILLIN C.4RE TRL.ST There are inherent limitations in our audii P￿￿edureS described alM)ve. The nK)re removed thai laws and regulations are frorn ihe financial stal¢m¢nts, the I￿5 likely it is that M'e ￿'0￿ld b¢coThe awarE of nonll¢i￿ and ih¢ rLpurt¢d amounis of a55¢L%, inLumc and expcnsL*. Aciulll rL*ulis may differ from Ihcse esiimaies. Esiiinaies and underlying &%suinpiioiili 8Te rL'viLw¢d on an bkn'is. Revisiws ￿ ¢siima*s ar¢ reco￿lS¢d prostttiiv¢ly. Thcrc arc no significanljudgcmcn15 OT L%lIrna￿ u5cd in ihc prq)ardtion of thc5c accounts. Income All inLI)mL' Is recognl￿d in the Siaiemeni of Financial Aciivities once ihe ehariiy has eniiilemenl lo ihe fund%. il is probabl¢ that lh¢ in¢ome will b¢ r¢¢¢iveJ ond th¢ an￿￿ttl ¢an t¢ measu￿￿ r¢liably. in Fee in¢ome 1$ re¢ogni5ed it) th¢ Jxnd in whi¢h servi¢ts are provided. Donations Dc?ndiion4 are reLO￿lled on receipi. In ihe eveni thai a th)nation is %ubje¢i 10 ¢ondiiif)n% thai require a leN'el i)f pcrtomiance before the charity is entiiled to the futM15. the itKotne is deferred and tLOt recognised until those conditions arc fully mcl. Government Governmeni grants in Tcla¢ion to tangible fixed assets arc credited to profil and loss ac£ounl over the u5cful livcs of the related &8sets, ￿here*S those in reiaiion io expenth.iure cJEdikd Wh￿ the expendiiure is charged 10 profil and1055. Expendlture Liabilities are recognised as eX[K[￿llurt as as there is a legal or construcrive obligation comTnitting tlie chariiy io that expclldilurc. it is probablc thai a iransfer of cconomic kncfiis will bc required in scttlemcni and the amount of ihe Obligation Can be measured ￿lIablY_ Ex]*rtditiire L% attounted for ort an accrual% ba%1% and ha% b¢¢n cla5sifi¢d under hrading5 that aggtegat¢ all cost ￿lated to the ut¢gory. I￿1¢[¢ c()sts cannot b¢ directly attributed lo particular headings ihey have ken allLKatrd to activities on a basis consisteni with the use of resourtts. Page 12 KILLIN CARE TRUST PIOTES TO THF. FIN..I%C'I..11. ST,II"F..IITr.)"I'S- continued for the 'trdr ettded 30 SEPTE.IIBER 2025 ACCOUNTING POLICIES- colliinued Ch9ritAble 9criviiies Ex￿ndItuTe un Lhantable atlivili¢s iTKludes all ctssts by a ¢lwiiy In undeTtaking a¢iivilies thai further Il% charitable aitns for ihe benefii of its kneficiaries including those sUPFrf)rt costs and costs relating to the governance of the charity ap1￿)nIOne￿ io chariizble aetiviiie GoTr'ernance costs GovLrrtanLL ¢osts aTe those fim¢iions thai assiU th¢ work of the charity ljui do not th"r¢¢ily underthke ¢hariLible Allo¢#tlon Ittd *pportlothmerti of ¢o$ts AII cosis are allocated to expendiiure categories refleciing the use of ihe resource. Dir￿t costs attributable to singlL acii%ily a￿. all{Kaw￿d di￿L￿1]Y to aciivity. Shared ¢osts app)rtJon¢d b¢nvwi thc aciiviti¢s Ihcy ¢onlribuie to ort a rtasonable, juslir￿blC and ¢on%isi¢Thl basis. T4nRlble nxtd *sset$ DLprLciaiion is pro%'ided at the following annual rnles in order 10 write off each asser over its e51iina*d useful FrLLhuld propcrty Improvcmenis 10 property Pljini and machinery FixturL% and liltin¥% C'umpulcr equipmcni nol Provided Sty/0 on cosi 200/D on ¢osi IO°/D on ¢osi 33ts/0 on c051 NL) dcpTe¢iaiion has bccn charged in relation 10 Fr¢¢hold Prow1y as the Trus￿$ are of Ihc opinion thai the rc%idual value cxeeeds cost. The Carrying values of iangible fixed assets are reviewed for impaim)Clli if ever￿ or ¢hangcs in cir¢um5tanccs indicalc thc canying valuLs may TCa%)nablc. Taxatlon The ehdrily is exemm from coryJoMion on its charithble aciiviiies. Fund Mccounllng Unr¢stri¢t¢d furtdb ran b¢ vs¢d in a¢¢ordan¢e wih th¢ ¢haritsbl¢ obje¢tlVU OL the dixreiion of the trust¢¢s. Rlslriclcd funds can only ￿ uscd for particular rcstrictcd puryoses within Ihc objccis of Ihc charity. Rc51riclion5 ari.%e wh¢n 8peeified by th¢ donor or wh¢n futtds ar¢ rais¢d for particular r¢th¢i41 purJx>*5. Furthcr explanaiion ofthe na¢uTC ar￿ pur[￿ ofcxh fund is includcd in thc notc5 to thc financial statcmcnts. Pension costs and other p05t-retirement benefits The LhdriiJble LC?mpdny É)peraie% d iiefined L()ninbuiion pension scheme. Contribuiion% payable io ihe chariLible ompmny's I￿$10￿ ￿h¢rne ajy rhargd to Stat¢m¢nt of Financial Activitie5 in th¢ peri(￿ to which they r¢late. Short-term ¢mplov¢¢ b¢n¢fii$ Short icnn cmploycc kneflts. including holiday pay, are exrKrLSed as the related 5crvice is prol'ided. A liability 15 rccogniscd for thc am01￿t cxpccied io ￿ paid if thc company has a prcscni Icgal or conslnjciivc obligation lo pay this amourtt as a rtsult of p35t 5ervi¢e ptovidd by the employee and the obli¥ation Can be estimated reliably if maierial. Finanrial instru￿rnI5 ThL Chari￿. has tinancial assets and flnancial liabilities of a kind thatqualify as basic fillaneial instnlments. Short ienn debtors are mea5ur¢d at transactiotl pric¢, le￿ any imrAirment. Page 13 KILLIN CARE TRUST PIOTES TO THF. FIN..I%C'I..11. ST,II"F..IITr.)"I'S- continued for the 'trdr ettded 30 SEPTE.IIBER 2025 ACCOUNTING POLICIES- colliinued FinAnclal Instruments Cash and cash e uival¢nts Cash and cash equivalLmts Compri￿S cash balances. Tedit Short term trade creditors mvdsured ai ihe transaciion price. thher financial liabilities.are M￿sured initially at fair value. llet of transaction costs, are me&sured subwuenily ai &mortised cosi llsing the effeeiii¢ interest meihod. Provlsltsns Provisiot]s are delernined by discounting the expecknl fubjre cash flows at a pre-tax rate that Teflects current market ass¢ssmLnis of the lime valu¢ of nM)twy at￿ th¢ risks s￿lf1¢ io th¢ liability. Th¢ unwinding of th¢ discouni is Te¢ognised &q fina]we COSL DONATIOYS AND LEGACIES 2025 2024 Donations C()tnrnunily fundin¥ 4,101 2.041 2,038 5.960 6,142 7,998 INCO￿lE FROM CHARITABLE ACTIVITIES 2025 2024 ALIiViIy OJKTaling a reiiremeni home Re%ident's fec5 rcttivablc 663,269 548,785 CHARITABLE ACTIVITIES COSTS Dirtti Costs Ise¢ nolc 6) Suppon ¢05L%1s¢¢ nolc 71 Totals Owating a retirement home 510.148 106,582 61fi,7.10 Page 14 KILLIN CARE TRUST PIOTES TO THF. FIN..I%C'I..11. ST,II"F..IITr.)"I'S- continued for the 'trdr ettded 30 SEPTE.IIBER 2025 DIRECT COSTS OF CHARITABLE AcfiviTIES 2025 2024 Siaff costs Rates and water Insurance Lighi and heal TelLphone Provisions forre5ident5 Resident,￿staff xmas preserhts Cleaning and hollsehold R¢puiTS and renewals Garden maintenance NLwSpa￿rS RL%idLni's Oulirtgs and games 411,982 3,460 400.868 3,183 7,202 15,378 700 21,4(16 1,216 12,666 4.1.210 4,056 15.81H 755 20.607 37.789 230 1,057 1,368 510,148 511,474 SUPPORT COSTS Governance costs Mana8enKThi Other Torals Opcruiing a rciircmcn¢ home 55.538 44.026 7.018 106,582 NET INCOMFJIEXPF.NDITURF. Nei incom@l¢xp¢ndilurcl is slai¢d aAer¢haIgin￿(crC￿7i1llgI'. 2025 2024 Aiidilors, Tcrnuncralion DeprLLiaiion- owned Issels 6.0(M) 5.148 4.146 4,fi07 TRUSTEES. RE￿luNERATIoN AND BENEFITS There were no tTusiees' rem￿eral10Th or other ￿nefIts for the year end￿1 30 Sepiember 2025 nor for the year ended 30 September 2024. Trustees, exptnses Therc wcrc no truslcLs' exrthses paid for the year en(kd 30 Scptcmbcr 2025 nor for th¢ ycar cndcd 30 SL'piember 2024. Page 15 KILLIN CARE TRUST PIOTES TO THF. FIN..I%C'I..11. ST,II"F..IITr.)"I'S- continued for the 'trdr ettded 30 SEPTE.IIBER 2025 io. STAFF COSTS 2025 2024 Wages and salaries s{￿la[ se¢unly ¢osts Oiher pension costs 429.138 29,959 8.423 420.104 27,323 8,437 467,520 455,864 The averh8¢ monthly rtumber of emptoyees during th¢ year was &$ follows: 2025 2024 Manager SiatT- full artd pJrt.¢ime Pool staff 18 22 20 24 No cmploy¢¢ rccciv¢d ¢mploy¢¢ b¢￿rI¢S of MO￿ that) £61>.IMX) during th¢ year12024.. Nill. The company considers Ihat its key managemeni t￿r%)nnel comprise of the trustees and Inanagcincni leam. The ioial ¢mploymcni Lwncfil& i￿luding ¢mployer p¢nsiw ¢onrribuiions. of lh¢ key Inanag¢iD¢ni JKrsont)¢l wcrc £66.04712024 .. 163,0081. COMPARATIVES FOR THE STATEMENTOF FIliANCIAL ACTIVITIES UnTe%iTILIL Rc%iricled Tutsl fijnds INCC)MF. AND F.P*D()II'MENTS FROM D(IiiJlivn.4.Ind l¥gT4¢1C 7,998 Ch¥riiable 4¢iltrlile$ OpLralingT r¥lir¥TiILnl home 548.785 548.785 Totil 556.783 556,783 EXPENDITURE ON Charitable acti*ities Oplraling a rctircinent home 602.341 602.341 NET INCOMEJIEXPENDITURE 145.558) 145,5581 RECONCILIATION OF FUliDS Total tund5 brought forward 240.258 1,749 242,(X)7 TOTAL FUNDS CARRIED FORW'ARD 194,71M) 1,749 196,449 Page 16 KILLIN CARE TRUST PIOTES TO THF. FIN..I%C'I..11. ST,II"F..IITr.)"I'S- continued for the 'trdr ettded 30 SEPTE.IIBER 2025 12. TAliGIBLE FIXEDASSETS lrnprovernents to Freehold Plant and machinery propet COST Ai l October 2024 AddilioT15 76,427 16,837 17,053 1,523 At 30 September 2025 76,427 16,837 18,576 DEPRECIATION AI l OLiober 2024 Charge for year 6.744 842 10,646 2,362 AI 30 Sepiember 2025 7,586 13,008 NET BOOK VALUE AI 30 SLpiLmtK'r 2025 76.427 9.251 5.568 AI 30 Sepicmbcr 2024 76,427 10,093 6,407 Fixtur¢s and riitinss Compuier cquipmenl Totals Ai I C)ciober 2024 Addition% 15.1(JO 2.¥20 3.339 12M.816 4,343 AI 30 September 2025 17.980 3.339 133.159 DF.PRF.CIATION AI l OLlobcr 2024 Chargc for ycar 10,933 2.581 373 30,904 5.148 AI 30 S¢pi¢mber 2025 12,504 2.954 36,052 NET BOOK VALUE At 30 Seplanber 2025 5.476 3115 97.IU7 AI 30 September 2024 4,227 758 97,912 Dllring the year ended 26ih Sepiember 2￿3. the L￿MpanY purch&%ed the Falls of D(Khan RetirL'mLni Home at ¢obt of £2(M),862. This amount wa5 ¢ntir¢ly fin3ncd by grants Tw¢iN¢d from Forth Vall¢y H¢alth BoaTd, Rural C'hallenge Fund. Stirling Council. Scottish Land Fund ar￿ H.l.D.B. A5 thc total c05t was covercd by grants, thc assci ap[￿rS in ihc balanec shcct ai noc0￿. Page 17 KILLIN CARE TRUST PIOTES TO THF. FIN..I%C'I..11. ST,II"F..IITr.)"I'S- continued for the 'trdr ettded 30 SEPTEIIBER 2025 13. DEBTORS: A￿loU￿Ts FALLING DUE W'ITHIN of*E YEAR 2025 2024 Trade debtors- residents fees Ptepaym¢rtts 11,286 1,256 16,065 ,256 12.542 17,321 14. CREDITORS: AMOLNTS FALLI￿G DUE M'ITHIN ONE YEAR 2025 2024 Trade erL￿ditOrS SIKial.qe¥unly and other tues Oiher CTediloT5 A¢¢ru¢d ¢xp¢ns¢s 9,126 29 15.179 5,938 30 17,359 24.935 24.511 15. MOVEMENT IN FUNDS Tran$f¢rs bctw¢¢n funds. Al 1.10.24 mvi'emcnt in funds At 30.9.25 Unre5trlcted fund5 ()p-raiinbl tund Ri4irvc lund Donuiions fund 87.236 75.IKM) 32.464 49.464 15.681 152.381 75,IM)O 20.000 3217 194.7(MJ 52,681 247.381 Restrlcted funds Mic inicnancc 1.749 1,749 TOTAL FUNDS 196.449 52.681 249.130 Nct rnovem¢nl irt funds. included in the aErf)ve follows: Inei)ming Re%ources ¢xperLded Movement in funds u￿r￿tri¢trd fund$ Opcraling fund Donations fund (03.272 6,139 I613,￿08) 12.9221 49.464 3,217 669.411 1616.7301 52,681 TOTAL FUNDS 669,411 1616.7301 52,681 Page 18 KILLIN CARE TRUST PIOTES TO THF. FIN..I%C'I..11. ST,II"F..IITr.)"I'S- continued for the 'trdr ettded 30 SEPTE.IIBER 2025 15. MOVEI¥IEi¥rr IN FUNDS- tontinued CompArAtives for movement fuDds Net movemcni Jn ffftds Transfers 'eon funds Ai 1.10.23 At 30.9.24 Unregtrleied funds Operating fund Reserve tund Donations fund 87.879 75.IKK) 77,379 22.7741 22.131 87,236 75,(KKI 32,464 22,7841 240.258 45.5581 194.700 Resirleted fund$ Maintenance 1.749 1,749 TOTAL FUNDS 24!.IM)7 145.5581 196.449 Compardiive nei movemenl in fijnds. I[￿l￿ded in ihe aknve are Is follows.. In¢omuig resources Re*our¢es expended Moiicment in funds Unre5trlcted fund5 ()p-raiin¥i fund DL)iiulions fund 54X.7115 7,998 1571,5591 130.7¥21 122.7741 122.7841 556.783 1602,3411 145.5581 TOTAL FUNDS 556.783 1fi02.3411 145.5581 RP ND OtKraling Fund- incolne and cx[￿ditu[c in relation ￿ the day-t04kny 0￿￿tion of thc rctircmcni hoin¢. R¢¥¢rv¢ Fwid- held S¢￿Ta￿lY 2$ part of th¢ ¢hariWs res¢rv¢s p)li¢y to ensu￿ the ¢hanty ha5 ¥UtYJ¢i¢ni fvnds to continue lo operate in the evenl of unforeseen circum51arKe& Dc?ndiitsn8 Fund- byneral donatio￿$ and grani¥ received by the Charity to be in any way for the purpo%e¥ of Ih¢ TeliT¢ment home. t)UTing th¢ yui. as w¢ll 35 g¢n¢ral rnaint￿3ntt, t￿ Fund wa5 used Lo firtanr¢ th¢ on-going work5 in conncciion w'ith convcrting a church hall inio shcliercd housing. Maintenance Fund lff5trictedl- CTrOp Commwiity in Jylation to a garden proj¢¢L Trin$f¢rs b¢￿¢¢￿ fund$ Fund transfcrs rclaic io th¢ physical trdnsfcr of cash E¢￿ttn Ihc bank ac£ounts of Unrestrictcd Fund5. As thcsc ar¢ all Urtre%tr]Lted, rto pre-appros'al 15 required f￿M dono[¥ orpr0￿]de1s. Page 19 KILLIN CARE TRUST PIOTES TO THF. FIN..I%C'I..11. ST,II"F..IITr.)"I'S- continued for the 'trdr ettded 30 SEPTE.IIBER 2025 16. RELATED PARTY DISCLOSURES The trustees give freely of their lime aTLd expertise wilM)ui atry forni of remunerdtion or other benefits in cash or kin(L Page 20 KILLIN CARE TRUST DETAILF.D ST,ITFIIF.%TOF FI%,I%CI,11. ACTIVITIES for the 'trdr ettded 30 SEPTE.IIBER 2025 2025 2024 INCOME AND ENDOWMLNTS Donation5 and legacies DonLltions Community futjdirtg 4,101 2.IMI 2,038 5.960 6.142 7.998 Charitable activities Rcsideni's rL'LLiiabl¢ 663,269 548,785 Tot91 Intomln% resour¢¢s 669,411 556.783 EXPENDITURE Ch4rlt¥bl¢ J¢tlvltle$ 380.818 24.IMH 7.160 3.460 371.784 21.910 7.174 3.183 7.202 15,378 700 21.466 1.21fi 12,666 43.210 4.056 Social security PLnsion Rittc% und wuier Insurance Li&ihi and h¢at Tclcphonc Pri)visii)n4 for residents RLiidLni'%l%latTxmas pr¢s¢nts C'ILanin¥ nd huu%chold Rcpairs and rcnewaL Ci£irdL'n mdini¢nan¢¢ Ncw%papcr5 Rcsidcnl'5 Outing5 and Bamc$ 755 20,(A>7 37.7￿9 230 1.057 .36¥ 510,148 511.474 Suppthrt cost$ ManaRement 48,320 5,413 1.263 Social 5¢cufLty Pension5 1263 55.538 54,996 Other Registraiion fc Statl'irainin8 Postd¥¢ and 5tation¢ry Sundric5 Bookkccping ￿]CeS ImpruTremenL% lo property Carri¢d forwaTd 2.901 4,381 187 340 17.481 842 26,132 16204 584 4.222 17.884 842 39,736 This page do￿ not foTtn part of the 5tstutory financial 5tst¢tn¢nts Page 21 KILLIN CARE TRUST DETAILF.D ST,ITFIIF.%TOF FI%,I%CI,11. ACTIVITIES for the 'trdr ettded 30 SEPTE.IIBER 2025 2025 2024 (hher Broughi forward Plani and machinery Fixlurts aT￿ fittings Cornpuier equipment 39.736 2.363 1,554 373 26,132 1,974 .392 398 44,026 29.896 Governance costs Auditor5, remuneration Accountancy fees 4,146 1.829 1.018 7,018 5.975 Total r¢sour¢¢s ex1￿nd¢d 616,730 602.341 Net incomel{expenditurel 52.681 145,5581 This page do￿ not foTtn part of the 5tstutory financial 5tst¢tn¢nts Page 22