REC.I.STERF.D C.O.MI).INY riUMBF.R: 8C.23788fj18cot14ndl RTr.GISTLRED CIIARI N Tr. N4LMJILR- SC034067 Report of the Tru$teo% and Unaudited Finunri¥l Statement5 for ih¢ l'ear l.'nded 31 October 2025 fur Mud N'illgge Trust Accountant5 27 Fln13siqon %tre¢i Trrascrburgh Aberde¥nshiTe AB43 9JQ
Mgud Village-l'rust Contents Dfthe FingneiAI Statements for the Year Ended 31 October 2025 Pagc Report of the'frusttes Independent F.xamiNtr'% Report Statement of Trinancial ActiYitie5 BAlance Sheet NDtes to the Fin8nci&l Stgtements 10 to 18 l)etarled Stalement of Financial Aclivitio 19 to 20
M¥ud Villuge Tru51 Rep()rl ()f the Tru%teey lor the Year Ended 31 October 2025 The Irusiv¢s who are also d1clOr$ of the Charity for Ihe purposes of the Companies Act 2006, present Iheii report with the fiiiancial slalem¢TTrrs of the Lliarity, for the year ended 31 OLtob¢i ?025. j'he ITU5te¢s h4ve ddupl¥d Lhe provisions ()[ Accounling dnd Reporliii¥ bv Charilie%- Sldletnenl ()(' Rec()minendcd Praciicc applicablc to charilie5 prepariiig their aGcDiint5 in accnrdancc with Ihc finc1nci<l1 Rcporting Stand<ird app5icable in the IJK Trd REpuhlic of Ireland IFRS 1021 leffcclive l January 20191. OBJECTIVES APYD ACTIVITIES Ubjeelives and dim The main objective5 01 Maiid Klillage Tru51' as laid down in the Metni)rdndutn i)f A%%ocialion. datcd I Ith Octob£T 2002, arc &$ tollows.. I) TL) %cenic211y and architectUTally renovate and ImpTttve the Lentre af thc villagc of Maud in an envirvnrnentally setisiiiv¢ m(Inner fur the benefii uf the local Lommunity. ill l o promote trade and industry for Ihc bcncfii of the oeneral public. iiil 'l"o providc hclp for thc agcd, handicappcd or infirm and to advancc cducation and other Lharitahle purw)%e% beneficial to the lo1 community. Iv) To providc or prcTrmoie the pr()vi%iun ()f h()u.ging for people in neccssiious circums(anciS and a150 specially designed or adapted housiiig as may be required for the tlderly, handicapped or disabled. vl'l o dcvclop or promote the development ot infrastructure tor the benefit of thc gcnL'rdl publiL. mm To prnmote the btncfil of the iiihabiianls of blaud and its tnN'irons without di%tinction of s¢x, sexualily, politica5, religious or oiher opinioijs b). d&5LTrLldling IhL, IuL&il stdlLIIury duiliorities, voluntar). orgAiiisarions and inhabiLt5 in a eommon cfiort to advance L'duLdtii)n i() pii)vide f'dLilities, or &8%1.5t In Ihc profvision ot- tacilitleS. In thc illlcrLSt Df 5wi41 cIf.arc. for rcLTcation othcr Icisurc-tiTnc u¢Lupativn so ihal IhLiT tyon(litTons of life ma} be improvcd. In furthcrancc thtreof the c.ompany %hall acquire. renokate. re%rore or rencw thc villagFc Mart. devtlop th¢ %urrLTrundirtg Trciund% dL4uire dei'elop vth¢r undeT develL)ped 51tes in Mdud thdl all in an ci1virun¢thlIy 5eiisiiive Inann¢T. Page I
Wllly¥¢'J'ru%t Reyorl of ihe Truste5 ror the Tr'ear Ended 31 O¢tober 2025 ALIIIEVEMENTS AND PFRFORITrlANC'.Tr: Churitable actiTr'ities Heallh & M'ellbeing Servi¢e$ 'I'hc Qommuiiity R¥%i)urce C.entre Lvnlinues io bc a busy hub Df health dnd wellbeing. We are proud tu hosi such a wide rangc of csstnliAI .Ervices, includiiig.. Podiatry GP prdLIILES and practicc nurscs CBT ilierdplbls PsychiatTIL SllPPOrt from Comhill Midw'iferv IminiJnisalion5 for children and adults IC.L)vid & Flul Retinal %crcening Phjslutherapy Blue Badg¢ 'iili demand sleadil}' rising, we w¢r¢ deligyhi¢d lu secure a Nalioiidl LotteTr grdjil lo create ati addilional consuliing rLK)iJi by converting d %tL)ier()orn. .1 his new. space, completed al the eiid of lasi Ye¢, Js already in rt£ular use ld h bccn a rcal botssl to Triir capacity. We've al%1) work.ed wilh partners and third-%cctor organisations to m2k¢ s¢rvi¢c provision bctttr in our rural communitie5. A gircat cxample i)fihi.s 14 (iur new fortnightl* C'iliztns .4dvicc Biircau ICABI dTOP-in clinic, gii.ing pcoplc local access lo vital advice and supwrt. This has been a y¢aJ uf exciting changc and frcsh cncrgy lor the Ciym. 11.'hile we faced .some financial challenge%, it h gFiven us Ihe Lhdnce lo reihink hoiv we dcliTrer our strviLE5. Thc dJrival uf our new PT, George. has been H r¢Jl turning point- his enihiisiasm Lre41ivitv have Lumpl¢tely revitalistd Ihe space. rorn rcfreshing oiir cla%E timclablcs IL) b()(?.11ng nur Social iiiedia prese71ce, George hHS helped u5 recoiinect with the community and bring new faces thrL)ugh the dDTrr.g ()ur programmc is now more dynamic than evcr, i¥iih somctliing fi)r every'one.. spin & Abs and C.IrLLiils with a Twist fur thust who love a chdllengye (ientle Ciyni and Gcntle-ish Gym for Ihi)%e l(K)kin¥ for a 50fter <lPPIUdLh Pilarcs and IlegTriiiticr% spin for balance. tle¥ibilitv, and contidciicc-building Thc Gym fccls morc vibrant and thelcoming than cvcr ivs not just a placc io cxcrcisc, bui a liwely hub whcrc pcople come logieth¢i foi health. fitness, and community spirit. IN'I. I)ITIATII'"ES Resilience Ilub Wc'rt ilill herc fnr you Mheii you nccd usl Thaiiklully we haven'l been required 5V tar this yeiiT. bul we retnain reddy iv Step in and support the cnmmunity, in the event nf any future p)wer outages. Just Ask Our Jus1 Ask prLlj¢Ci continucs to provide i'itsl help to Ihose striiggling w'ith the cosi of living. 'Fo date, we havc upporttd oi'er ?90 t11]¢$ individudls, vfferiiig practical support i%,hcn it's most nccdcd. c.entral Buchan Chri5ttnas Appeal 'I'he ('hri5tma5 Appeal will oncc again be LCX)rdindled from the Ke50urLe Cenlre. Gift tsgs will be out iii the cvtnrnunity trom carly NDveTnhei. l.a5r ycar, we siipportcd ovcr 180 local LhildTell, lih Ihe LlTrtninuiiity'% ¥ener051ty) we hi)pe ti) reach cen niore tliis vcar. l)onatioiis ot ncw toy% ar¢ very wannly e1cled. Pagc 2
Maud &'illage Tru Report ofthe Tr.Lee for the Year Ended 31 October 2025 I'he I.i51eninx Tr'ar I'hi% seTriLL' LiTrnlinuL'S 1() TlldkL' J fLal diffcrL'nLL, C)ffering lull}, Irained voluniccrs w'ho provide weekl}. li5tcnillg 5C55ion5 13 K 50 minuiesl in liealth and commiinir! settings. In thc Pd51 )car, wc'i'L wL'lcumtd two iiew li%teners, based in Fraserburgh IDWP ofticel and Haddo, bringing us to a total Of fivc lislcncrs acros5 Aberd¢¢nbhire (Alfji)r Mdud. 14anLhury. I laddu. FTdSerbuT&Thl. .nr)king ahead, we hope to eXpad furtlier, wirh neiv training opportunities planrt¢d In PdrtnLrship K¥ilh NIIS (Jrampiaii Chaplaiiicw Scrvices. Ment&] Health Projects Officer Jalqui LontinuL's to bc It driving fDrLL foi sDmL' uf uur rntnlal health work, even while workilig rcmolL'ly from Perth%hire. She led nn evaluation, developed Dur social medi& and cxplortd ways to connect cvtnmunilie% M'iih 'vent5 & Aftivilies It's ircn H packed vear full of aclivitles, creativity, and conncclion. Regular se.ssioii% continue tt) be well attended, including C.ani%w ilfter-%chonl Lego, Tai Chi, Line Dancing. and NP Can C.afes, Nomads Art. Delia's F lowers. Klaud Il'alk Club. and Cmchei groups. Thc Gym Iimciablc has bLCll tquall), lively, wilh Pilalcs, Spin classcs, Circuits, ld tittiilt Gyin option% proving Fh)pular IJop-up scss10ns and outreach thi% vear included L,ego F'est in New l)ecr. film %crccnings, rllindful crcativily workshups, and craft thimk-} ou ccnts for our arn1ng volunlLL'rs. One ol our proudest momcnls thc Grampiati WLllbLin% Fcslival, wlicrL WL hosled a whole rnonth of wtllb¢ing fiorn Ilenopause C'.ales and seiviiig clasEes to creative writ5ng, allLrgy ness, scliool walks, and community g3Thc5 afternoons. And uur first Window Wanderland 126-29 Sepll was a real higrhli.¥hi, tran%fnmJing our strccts w'ith Lredtivity and cDlour.'I'he lurnout i¥a5 [.)Ll.[L, and WL wcrL ihrillcd to cLILbrdlC our Wiltr5.. Isi- Maud SLhocTrl 2nd - WL'lldy at Th¢ Gift tiallcry 3rd station Hotel 'c'rc dJiL'ady ILioking fonvard to rL'pL'ating it n¢xt year, pvssibly at Christma5. and inv()Iving evcii rnor¢ of thc wmtnunity. Ilp¢umirtE Wint¢r F.Tr'tnt qnnthl} C'rcatii'c 'riting scssions Monihly McnLJPdUSC Suppon Liroup CIu'istmdS Con Cafi & Concen Punipkin Di.¥pla}'121 si OLlobcr. 6.45prnl- with free pumpkin5 provided b). l.nngley% and a prizc SPL)nsorLd by Valerie i1reakf1 Cliib in partiiersliip with F'irt and Police Services during C)ciobtr holida)'% l??nd & 23rd, 9-1 l arnl Cenlre Llsage Gyin Imid-Augusl- cnd of SLPtcmbcrl.' S6 individuals R¢5vuIL¢ C¢ntr¢ (JdU<lrv_ tDIJ iJl'S¢pternII.. 456 individiJa15 13Dih numbers are .%teadily ri.gino iiionth by rnontli, Mith u5crs iravclling trorn acr055 d wide JTed Incliiding Maud, Nc Dccr, L(lllDld)'. Il<illon, %iuJrtfiLlIJ, Fcttcrangus, Minrldw, SirichLll, Lllon. Si Cathcrine'%. Methlick, Caimbulg, Kininmonih. AuLhna¢)att. Longsidc, and Gamiolld.
Maud N'illa¥c Trust Report of the TrLtStees tor the Year LNded 31 Uetober 2025 The C.'ommunity Servite C..ttre Cafe The Caf¢ r¢niain5 one Lif Iht btaling hearts of the Ilillage. Ilntittle and her leam Lrtdie a warni. welcominn spaLe where pcopli coiiic iior just for lood, bul fi)r fiiendship dnLI iunneitivn. I'heii cake5 aiid tr¢alb orv limvus li)Ldlly) cind the ('afe'.s Fa¢ebotsk page 15 3 brilliaiii showc&5e ot'whal's on ottcr. 111{Irk%hi)P% %ULh wreath-making and gIS fusion havc provcn vcrv popular, and M'c'rc thrillcd to bc runniiig morc at" th£5e agTHjll this year- need lo book quickl Looking ahcad io Chri%tini%. e're exciied to be hnsting a Ircc IiEht switLh-Iin wilh Sdnia on Sunijav loih Nov¢rnb¢r IIOam-2pml. alongside oiir always-popular christni lunLhe5 ¥hiLh buok up quickly every }ear. Service Centre It's been fantli¢ 10 *e the %crvTCC C-cntrc bu7.7ing Ihi.s vear with all iinits tully occupitd c cvcn havc some tai scttlcrs who sccmcd to have madc Ihemseli'trs th'cll at hom¢1 Il'¢ havc also wcl¢oDi¢d this y¢aT Th¢ Clift Cjallerv, wherc W'¢ndN' Sh¢¢ beautiful crafts and gifts, and the rcium of Baxter Padiairy. who iran%fnmed ihcir unil into a modern, purpose-built Llinic. Thank I'ou A% always, nonc ol. this would be p()%.4ible with()ul the inir¢dible etrort of our staft., volunteer%, Lu.41()rner%, and uppoftcrs. ()n behalf nf Ihc Dircciors aiid Managemetii ol'thc Ilaud Villagc 'l'rust. we thank 5'ou for your commitmctit and ¢ncoura¥etneni Ihrouuhoul ihc ycar. ToKTether, Ive've Tna(l¢ great pro¥ress and creaied many positive moineiits - and we're excited io set what the year ahead will bring. Thank ynu for vour corttinijed 511ppnrt. V. Brvwn - General Nqaiiager 'lAy(.IAI. RbVILW' Prineipal funding source "I he piin¢ipal SDLircc of fundin8 in rcspccl ot- Ihc C".ommunity Rcsourct C.tntre continucs to comc by way (Jt" grant fuiiding from NHS Grampian and .,Ibcrdeen%hirt C.'ttuncil. C)v¢r Ihc last twclvc tnonth% £211.6.57 1£194.6.36 20241 w&9 re¢eived in rv141iL)n Iv the daN' to da>, rut1ng costs of ihc Ccntrc and b} M'a) of contribution to a scparatc'sinking fund,. .1 he filial paJm¢Jits iIi rclaiion 10 Ihe LOll51ruLlion of the C.enlre w¢r¢ tnade in the 2010 financidl i'edr the LL)%t vf ihe building h&s heen capitali5ed with a s¢paralL liind crualcd, Ilic 'C.RC Fixed A%sei FLiiid' In order io rctlccl Ilic valuc of Ihc bLiilding and tcd cquipnicnt I li¢ valu¢ nf Ihifi fund i.s writtcn doiin on annu<l1 IhTt)ugh th¢ appiopriale deprL'Llalion charge.'I he valuc ot this fund as al 31 %t October 202.5 £9U7,41)E 1£965,8S2- 20241. RcservL5 policy The trusle¥s rekYul1Y review lh¢ r&5ks Ir) whiLh the charity is exposed io tnsure that adequate fiinding is in place for PTOPOSed projects. IIT(IRF', lyLAs To maintain cxi%ting facilities to Ihe highc5r standard. .STRI,"C.TI,'RF., GOVbliNAPICE ATrID mAA[.ElET Governing dfjtUTfiL'tit The iharity is conirollcd by 11.% governinb di)Lumenl, a Ileed of trust, and LOllS1itutes a limited Lvmpdlly, limited by gudfdnlee, as ijefiii¢d b) the Conipdnies ALt 2006. RF.FFRENC.'F. ANI) Al)11%15.[4].iVE DET AILS Reltered C'.oinpanTr number S(".?.37885 I%Loilandl Registered Chariry number SC034Q67 Pa8e 4
Mau(I I'lllage Tru% Repurt ufthe Tru5lees for the Year Ended 31 October 2U25 ReLStered oifice Old Mi art C.c)mmuniry Re%ource C.entre Dcer Road .Maud P¢lErhead Abcrdecnshire AE142 41.'CJ Trustets IArs S A Buckman -mi l G Pirie Mr P E.l Buckman .ilr IW. I lulcheon r'l. A Johnsioiie Mr % K C.'ritte MrA N HcndTr Independent Examiner Runni¢ Birni¢, FCC.4 SBP AcLounldllt5 27 Finlay%Dn tstrcct FYas¢rburgh Ab¢rdeenshire AB43 9JQ Appr()ved by order of the board of tru51cts on 4 June 2L)26 and signed ()n It behalf by r p r. A Buckman--I'Thsiee Page 5
Independent Tr'xi?miner'4 Reptjrt lo the.[ru.t¢S of laud Willage Trust I iepuri un th¢ aLcuunls fur ihe year ended J l October 2025 stt out un pagTes seven Iv ¢igyhie¢n. JiespectiTre resP(bn4ibilitie5 of trustees aTLd exanJiTher Thc Lharity's trusices are rc%pon%iblc tor ihc prcparation af- Ihc accoun1% in accnrdance with thc IcTm5 of the (.'haTitie and frusiee InvesiTn¢nl IS¢otlandl .Icl 200f and the C.'haritie5 Accoun15 (Scotlandl Il¢gulation$ 2Q(J6 la% amcndcdl_ The charity's truslccs considcr that thc audit rc4uircmcnt of Rc8ulation l 01 I Iial to Icl of thc Accounts Rt£)ulatiuns dues not appl).. It is iny responsibiliij to examine Ihe aLiOUDts as required under Seciion 4411 11¢) ol. th.cl and to stale whether particular mallers have Lome to my altention. Ba%15 of the independent eiaminer'5 report li. c¥aminaiion carri¢d oijt in accordancc with Kegulètion I l of the C.haritie.4 A¢¢ouni8 l%cntlandl Rcaulaiions 2006. An exarnination includes a rcvicw of thc aCoUntIn rccord5 kcpi by Ihc charity and a LUTDparison lif the aecuunls prescnied w'ith tliose records. It albu inLlud¢s ¥L)n5idvFalivn uf anv unusual iiems nr disclosurcs in the accounts, and seekingw explanations frorli yoii as Iruslees LonLerning anj such mallers. The procedures undtrtakeii du nol prvvide all the evidEnLe Ihdl wvuld b¢ required in an audiL ]d con5cquently I do Trol ¢xpr¢55 &udil upinii)n un the vicw Biven by thc accounts. Independent examiner's statement In LiinneLti()n with tnv examination, no matttr has come to my attention. I I I whiLh gTive5 nie ieasL)nable Lause lo believe ihat. in any material respect, the r¢quir¢Menls IL) keep aLLI)untig records in accordance with Section 441 I Ila) of th¢ 2(K)i Act and Regulalion 4 01. thc ?OOC) Accoun1% Rcgulalions,. ld to PT¢pare a¢¢ouiil.& which accord wilh thc Rccoijnting rccDrds and to comply with Il¢gulation 8 nf the 2006 Accounts Rcgulaiioiis have nvt been met" ur 121 to which, in my opinion, attcntion should bc drai in order to cnable a propcr undersianding of thc accDunL% tn bc reached. Ri)nnie Birnie, FCCA lThc Association of Chartered C ified AcL()unlanl_ SBP Account15 ?7 Fiiilayson Sii¢¢t Fraserburg?h Aberde¢n5hire A1343 9JQ 4 June 2026 Pag¢ 6
I'illaEe"I njst Stateinent ol Financial ,tctivities for tlje Year Ended 31 October 2025 31.10.25 I,nrc%tri¢ted funds Ke%th¢ted funds Tntal funds funds INCOME AND ENDOIVMENTS FRO Donations ld legaLies 4,687 30,842 87.617 C.haritablt attivitie% Q'oirmunipi Service C.cntrc Community Re.sDurce C.entre C(Itntnunity Resource C'entrc Gym 49.717 4Y,717 2ll,657 38,722 54,26.3 194,420 36,61 211,6$7 3&722 Oih¢i trading i2Ctivilies InTreslm¢rtl income 1,615 3J36 318 3,336 98,Q77 237,812 J35,889 385,492 EXPENDII"IIIiE ()N Charitable acttiiiies CDiiimuniN Scrvice C.enire Cominunity Re4ource Centre ConiMun11}, RLsoufLC Ccntre Gytn (-.()nfidLnLc in Gooking Govcmance CO%L Communily dvnalivns 47,145 32.841 172.757 79,986 172,757 61,11911 71,645 171.104 61,1)98 166 3,756 408 3,450 7,2116 408 428 OthLr 6,136 68,820 74,962 75,893 T(bt21 118,543 277,874 396,417 378,603 ILT I)COMEIIEXPENDITiIRF.I Transfers btlween fund5 (20,4661 52,603 {4U,062) {52,6(J3) 160,528 6.889 Net movem¢n¢ in funds 32,137 192,665) 160,5281 6.889 RbC'.()NC.'II.I,ITIOh OTr TrIIyI D Total fijnds brought ti)rward 276,718 lJ39255 ,61.5,973 I,C)09,1184 TOTAI. Tr"LNDS CARRIED FORWARD 308JSS 1246.5911 1.SSS.445 ,615.973 .1 he notes torm part ot-these tinancial %tatement% PagTe 7
M9ud W'illage Trst Balance Sheet 31 Uctober 2025 31.1Tr.2.S Tt91 funds 31.10.?4 Tntal funds lJnre%iricted funds RestriLted funds FINF.D ASSF.TS 'Fangiblc as5CIS 175,$92 9.$4.096 ,129,088 ,2116.054 CLRREYT ASSETS Debtor5 Cash at bank 10,120 167J57 10,120 467,934 14,984 436,436 177,477 31MI,577 478,054 451,420 C.RF.DITORS Ainounts falling diic within one year 10 (13,8601 {8,084) {21,9441 128.7¥31 NE'I. CCIRRE.)T ASSETS 163,617 292,493 4q@i 10 422,637 TOTAL ASSETS LESS C.LIRRF,NT LIABILITIF.S 339209 124&589 l.$85,798 1.628.691 CRLDII'URS Amoun15 falljiio due after more ihan one year 130J531 130,3531 NEI. A.55ETS 3U8.856 1346,589 1,555,445 1,615.973 13 11nrL'.4triLIL'd fund5 Re%tricicd fvnds 308.856 1,24(589 276,718 1,-339,2_f 5 TOTAL FLYDS IJSS.445 1,61 %,973 'I'he LhJrilahle Lnmpanv is cniitlcd to exempiion from audit undL'r SELtivn 477 uf tht Compth1 Act 21106 fi)r thL yLar L'ndcd.6 I Ilitsihcr 201f. The member5 have not rcquirtd the Lijtnpany lu Libtain an audit of its financial statements for the )'¢ar ellded 31 OLtiibL'r 2025 in a¢¢pTdance 1th Section 476 the Conipanics ALI 2006. The trusic¢s a¢knoledge Ihcir rcswnsibilitie% tnr cn%uring that the ¢haritabl¢ company kecps accounting records th2t comply with Sectinns .386 and 387 of the CurnpolC5 Act ?006 and preparin¥ finanLial stsittnents which k)ive a true and fair view o(thc stste ofaffairs ofihe charitable company as al Ihe end of tach finanLjdl ld ut. ils surplus or (JefiLlt for finanLidl y¢dl in accurdantye Miih the riquircincnls of SeLtiiins .394 and 395 and wliiLh oiherwise Loillpl} with the requIrne17t5 of the Companie5 .Act 2006 rclating lo financial siaiernenl.s, %() (dr JpplIbIc lo Ihe charitable coinpany. 'I'he notes fo)In part ()f IhcR¢ financial staternent5 Pa8C continLlCd...
Maud Villgge Trust Bal#nce Sh¢tt- continued 31 O¢t(pber 2025 Th¢se financial 51atcmcnt5 havc bccn prepared in accordance with the provisions appljcable to ch2ritable coinpanics subject to the small Compani Tegime. Tlie financial slattnients were approved by the Board of Trustees duthoris for issue on 4 June 2026 and were signed an its behall'by". Mr P E A BuLkrnan- Trustee Thc notcs lorm part of the%e financial staternentl Pagc 9
Maud Ilillsge Trust .Notes tu the Finxncial 5talement5 for fhe l ear Tr:nded 31 Oclober 21)2.f AC.C.OiI}'l'ING I'OI.IC.'IF.S BA5is of preparing ihe fJn#ntial &t8tem¢n .1 h¢ fin<incial 5tattrneiily of the cliarilable LOMpy. which is a public benefil eiitil}' iJnJer FRS 102, bEeii prcpartd In aLLiirdanLe with Ihe C'haiilie% %ORI) I In? 1 '.4ccL)ui)ting and Rcporting by C.'harilie5.' Staicmcnt of Rccoinmcndcd l)racticc applicablc 10 cliaritics prcpariiig thcir accounrs in accordance 1th th¢ Fincincial Rcporting Standard applicable In the IIK and Republic Of Ireland IFRS 1021 IcffLCtivc l January 20191,, FInGLIa] Rcporting Standard 102 'The Financial Reportiiig Stand8rd appliLable in ihe UK and RepubliL uf Iland, ]d Ilje Ctsmpanies ALI 2006. The linJnLidl staieinents have been prepared linder tht hisioiical cD5t nvention. '[ he accounts arc prcparcd in LK £ stcrling. Income All in¢vn)e is recogmised in th¢ Staletnenl vf FinanLial Aclivili¢s vnce the charity h45 Eniitlemeni ILTr Ihe funds, 11 TS probable thdl the IllLC)tne will be reLeived the dnii)uiit Ldll be mea%ured reliably. Expenditure LidbilitlL5 arc rL'cugniscd as cxpenditure as %oon as rhtre 1% a Itgal or constTuclivL ubligaiiun ¢ommittin¥ lh¢ charity to thai expenditure. it is probabl¢ Ihai a Iiiinsfer ()f ¢LoniTrtnic benefils will be required in settlcinini and the aniount of thL oblig)dllOll Ldn bc illcured rcliabl). Expcndilurc is aLLoUntL for on an accruals hasi% and has been classified undL'r IILÉiding¥ thai ag¥r¢¥ai¢ all Lost r¢ldlLd Iv thL LdlL'¥Ory. ,}ier¥ costs caniioi be direcll}' Jltrihuted i() partiLiilaT hcadings tlie! hai'e bccn allocaicd ro acrivities on a basi5 L()n%i%lL'nl wilh Ihc use ()f resources. Ciranl% ()ff¢ied %uhj¢LI Iv Londition5 which have not betii mtt ai the Ye end dat¢ aTe nnted 3 ¢ominitmerii bul not accrued as txpendilure. Allocdtion and apporlionmeTrt Df costs Thc nyo main charitable aciikJtie% are The ()peration of the c.ommunity servtce Ccntrc and thc CuTninullity Res<)urL¢ C.¢Dti¢. The Li)%15 vf runnin( these opera110115 have been becn fully Lharged %uppL)rt & 18CMcn1 1'angible fixed n55ets Depreciaiii)n ]% proviJ¢d ai ihe follvwing aTrU ralL5 in ordir to WTite olT each asset over 11% esiimated uscthl 'rLLh()Id PT(IPCrt)' ljlant and machincry Fixlures and fitlinus ComputLr cquipincIit 3 /0 on cost 211Uln reducing haldnLe 20V/o on rcducing balancc '[ aiigible fixed asscls arc includcd at cost less depreLiatii)n and impaimiciit. The rcsidual value 15 Ita5se55ed at the end of ca¢h a¢¢DuniiDg period. Taxgtlo Thc charity is cxcmpt fvDm corpnratiL)n on iLS Lharitsble aClivilie8. Furtd a¢¢ourtling Lnte51ricled fLJnds be iised in accordaiice witti Ihe LhariLible objeclives ai rhe discretioii vfih¢ tTUSt¢es. Rcstricicd fijnds can only be u%cd tor particular rcslriciLd purposcs M.ilhiii thc Dbjects Of thc cliarity. Re4tticlion aTlSC when %p¢cificd by Ihc donor or whcn fijnds are raised for particular rcsttictcd purpo%eE. A Sutnrn£Uy (If InLLJminu Rtsource5 and Re50urccs Lxpendcd in relation to R¢siriL*ed Fund% 15 in¢luOcd in ihc iiut¢s lo the Financidl Sialemenis. cnrttinucd...
ifilly¥t Trust otes to the Fingntial stAt[ne- L()ntinued for the Year Lnded 31 Otlober 2025 ACCOLNTING Pnl.IC.IF.S- rontinued Pension £0s1s 2nd ()ther pu5-re(irernent benefit5 'he Chl1hle company operaics a dcfined Loiiiributii)n pensi()n 5Lh¢mt. ConlribulioD5 pa}'able to Ili¢ charitable compan},8 pen%10n s¢hcme are chargcd to thc Statcinent ol-F'inancial Acliviiics in thc pcriod io H,hich Ihcs rclaie Debtors & treditors r¢c¢iv4blclpa)'able within One year Debtors and Lieditors %¥iih no ststed inier¢si Nie and i¢L¢ivablt vi paN'abl¢ within one y¢ar dTe ieLvrded at tratisaciion priLe. Any Iv55e5 arisiiig frorn impainntni are reLognised in ihe prolil logs dLLuunt in other adrniDistrative costs OTHER TRADIliC. ACTIVITIF.S 31.10.25 31.10.24 other Gen¢Tal Incotne 1,615 INVESTMFNT i(..[¥1 31.10.25 31.10.24 Bank Interest Received (Grossl Interest rcLciwablc 3J36 12.236 27 Ja36 12,263 OTHER 31.10.24 Dcprcciatit)n Support C051s 74,962 262,U47 75,893 259 186 337,IM19 328,079 NF."N" II%COTrIEIIE.XPEPDITt.'RE) Nei incomellexpcjidilurel is statcd after LharginglLrediting71'. 31.IU.25 31.10.24 Dcprcciation- owncd assets Jlmort15ation of capiial grants rele*ed D¢fiLit on disposal of fixcd 77,582 -2,620 78.51_3 -2,620 Page I I Loniiiiued...
Maud Villagc'l'ru5t Not¥5 tu the FinanLi%LI 8taternent%- LOtLtinued lor the Ye8r Ended 31 October 2025 TRLSTLES, RF.'f+'lUNE1i4I'10 A]ND BE)EFITS Th¢rE w¢r¢ no Irust¢¢5' reniun¢rdlion (Jr other benefiis for the Jear ei)ded 31 OLlober 2025 nor for th¢ year ended 31 (klober 2024. Trusiee8' expen8es Thtre ivere no 31 OLliiber 2n24. Irustees, expenses paid for ihe Ye ended 31 Oitober 2025 nor for ihe year en(5e(t "I'A Tr"F C"05TS The average monthly nuinber of employccs during ihc ycar was as follows.. 31.10.2S 31.10.24 Resource Centre Ciym 12 No ctnploy¢e% received emolumenls in excess o1.£60,0ffl. TAliGJIII.I blXED JISSETS Fixtur and fittings Freehold prc)pcrty Planl and ma¢hin¢ry Cornpuler equipmL'nl Total% cos'i. Ai l Novetnber 20?4 Addiiions 2 JUU375 90.7521 47351 14,524 ,214 2533,108 1214 Al.31 ()Lt(Ibcr 2025 2J80275 90.758 16.038 2.534J22 DEPRECIATIO) At I WL)VL'mbcr 2024 C.har8e for >ear IJOl,263 71,407 69,563 4,239 14J63 857 I J27.0S4 1,077 At 31 ()ciobcr 2r)25 ,272,67U 73002 42,942 152211 1,404,634 ET BOOK VALIIF At 31 October 1025 l.lQ7,6(JS 4J(J9 si 1.129,688 AI 31 OLtober 2024 1.179.012 ?1,195 5.386 461 1 ?06,054 Page l? Lontinued...
Villae Tn]$t Nntts to the F"inancial Statements.. cDniitLued for the I'¢ar b.nded 31 October 2025 DEBTORS: AMoiifiTS FAI,I,INC. DIIL WITHIN ()NF YF.AR 31.10.2.5 31.10.24 Trdde debivr5 Oihtr dLblors 1,200 8,920 14,984 10,120 14,984 C.RLDITOR5: A.MOIJNI TS FALLI)C. DIJF WITHIN OYTr' YEAR 31.10.25 31.IU.24 Oth¢r loan5 (sc¢ notL' 12) Social sciuritj dnd other t&xes Other creditors I lealih ImprLTrv¢n)¢nL% £ervi¢e% Accrued expensts L)eferrcd Propcrty Lrant 726 2.365 981 18.07? 4,019 2.620 1.032 170 7,212 7J88 2,620 21.944 28,783 ii. CREDITORS: AMOUN"I"S 'ALLING DUE AFTER loRE THANI OIYE YE.rtR 31.10.25 31.10.24 Othcr loan%1see nore 121 Defrecd Propcrty Cjranl 24,853 5500 4,)98 8,120 30J53 12,718 12. .4n analy%is c?f the tnatUTity of loan5 15 gii'en belDw'. 31.10.25 31.10.24 Amounts llIng duc wiihin cine Ye d¢tnand. l)Ihrr loan5 726 Amounts falling between one and Iwo yLars'. Other I0- 1_2 ycars 3,522 f4llTno due betwecn M'o and fivc years.. Other loans- 2-5 ycars 2,178 Amoun1% fallingT (Jue in more dian fivc ycars: Rcpavable bs, instalments.. Other loans mllTL' 5yr% illslal 10,765 1.694 Pdge 13 coniinued..
.M2ud Village Trusi Note5 to the FinunLial Statenients- continued fur the I'edr F.nded 31 Oclober 2025 13. MOVEMEYT FLNDS Nct movement in funds Transfer5 teiween tunds Ai Al 31.10.25 lJnre$tricted fund$ General nd hell Funding 276,718 120,9321 467 52,603 JO¥ J89 467 276,718 120,4651 52,603 308,856 Kestricted funds NHS tirainpian & Aberdeen5hire Couiicil C'ornmuniti, RcsoLircc C.entre F'unding C'RQ. l. ixed As%et Piind C.SC.' c.ar Park, Gardens & Play Area Grant Funding CSC Car Park, Garden & Pliiy Area Asset 2$6J60 965,C)66 37,Y40 {58,168) {82,6031 241,697 907,498 1,894 1,894 {7,6011 36,194 1,185 85 94 13righlcr N'illaoc Sclieine (Jvm l..qLiipment A5StI l. und SustdindblL' tTav¢I tiindin (Jardcn prnjcct ftiiiding Resilicnce F AVA Mcntal Health Jusi Ask C.i)nveisation Cart Chris1m Prcscnt Appeal ("i)nfid¢ii¢¢ to C.'nok l.ottcTh' Srorc Conversivn l.-urtd L('.PO Funding Li%icning F.ar Funding 1,185 218 11331 1231 io 12340 12,0481 {17,2201 2,873 228 111,192 10,048 3,928 3,614 2,493 3,864 290 2,868 12,921 4,156 4J66 2,294 469 11991 (3,3951 12901 7,221 10,IIS9 JJ39,255 140,063) {52,6031 1246,589 TOT AJ, F'LINDS ,6IS,973 (60,528) 1,555,445 Pag)e 14 continued..
.Maud Vi113ge Trust the Financial 8taternents'. cfbnlinued for the I'egr Ended 31 OLtober 2025 13. M()VLMLYT FI,NDS- continued Nei mvvctncnt in funds. includcd in thc above are as folloiv%'. Incoming resvurc¢5 Re50urc¢s cxpcnded Nqvvernent I,nre.%tricted fttnds CJcneTal fund hell Funding 97J33 744 {1182651 12771 (20,932} 467 98,077 11111,5421 120,4651 Re_%tricled fuNd5 NIIS Gri2tnpian & Aherdeenshire C.IlLiTrLiI Communit! Ktsourci CLntrL l.'unding CRL FixL'd Asi¢1 Fund C.SC ('ar Park", Garden & Pla), Area Asget Fund Gym Equipmcni Assct Fund Su%tsinahlc ITavcl fiinding Resiliciicc Fund A V A Klcntal Hcalth Jusi A%k C.()n%'trsaiion Caf¢ Christma% Pre5ent.4ppul ('L)nfidcn¢e to L.'ook Lottcrv Storc ConveTSiUll l und LCPQI Fundiiig List¢ning Ear Funding 211.656 1173,7161 ISq,1681 37,940 l.f&1681 17,601) 1133) 123) (2,IHX} 117,521) 17,169) 11,7411 13,1451 11991 {3 J95) 12901 {2.726) {7,61111 {1331 1231 (2,04X) 1172201 2,873 228 301 10,042 1,969 3,897 1199) 13JYS1 12901 7221 9,947 237J12 {277,875 140,0(a I TOTAL FLINDS 335,889 1396,4171 160,.$281 Page l. Li)ntinu¢d...
Maud Vrllage'I'rust u1¢5 Iv thc FinaJ]Lial Stattmen15- cvritinucd ror iht Year Ethded 31 Oetober 2025 13. MOVLMEN'I. Tr'I,YDS- continued Comparative5 for movement in funds Al ni()venient At )I.IU.24 Unrestricted funds Getier21 fund 282,16J 15,4451 276,718 Re%trrc*ed fun(15 IS (irlipian &. Abcrdccnshirc Cnuneil C.'oiiimiinity Ke%ource ( cnttc Funding C.RC. Fixed A%£et Fund CSC Car Park, Gardens & Play Arca Cjrani Fuiiding CSC. Car Park. OaTden & Plav Area Assel 212,556 1,023,918 43,804 158,2721 256,.3611 965,666 1,894 1,894 46.161 12,3661 Ilrighter Villa?e %chcme Cjyrr F.quipmcnt A%sti Fund £u%tsinable Irai'el funding Crardeii projeLt funding RLsilicnLC fLJnd All¥X X4L'nidl HL'alth Just Ask Collver5ation c.afc Chrisimas Pre%ent.Ippeal C.c)nfidenLe tu Ci)vk l.()ttery Store Conversioll l.'uJ I.CPG Fundin .151L'ning F-'at l.Iinding 21 146 10 14,800 1291 iu 12,240 30.66) 10,048 1? 5601 16,542 6,7<)6 12521 2,596 2,908 3,614 2.493 3,864 290 2,8(?8 3,864 290 2,14611 ,326,921 12.334 1.339,255 TOTAL FIJNDS 1.609.084 6.889 ,615,973 Page 16 cuntinu¢(J..
aud .111ge.fru.t N(Ites to the Trinancial Statements continued f()r the Year F.'nded 31 October 2025 13. MOV'F..tylb:I'l' IN I,-I,"NDS- conlinued Comparative net rnoTrcTncnt in funds, includcd in Ihe ab()VL' f(?Ili)w5'. ncoming rcsourc¢s ¢SOUfL¢5 expendtd Movcrntnt in funds I nrestricted lunds Gencral tiind 115,909 15,4451 Ro%tricted fund Nl Grwnpian &. Aberdeenshire C.vunLil Community Resotsrie Centie Funding CRC Fixed Asset Fund CSC Cdr Park, CTdrden & Plav Area.Issct und BrighiL'r Village %cheme Gym Equipm¢iit A8%ei Fund Su*ainahlc irai'el funding Resilicncc Fund Ill.,. IA¢i)lal Healih Just Ask ConveTr41ion Caf¢ Chri%lmas Present Appeal ( onfidence io Cook l.ollcry Siore C.nni¢rsion Pund LCPCJ Funding Listening Ear Fuiiding 202,141 115¥,i)71 15R,27_31 43.804 158.2721 12,3661 12.3661 1,200 1291 12,5601 16,542 6.796 125?) 34,209 117,6671 15.0181 11,6771 11,4071 1.424 2,475 In,ao(Tr 2.636 3,732 16.1361 12.3461 18641 3.864 290 2.868 269,583 1257.2491 'I'OI'AI, F'UNDS 385,492 137¥,6031 6,889 General Fund- The General Fund rcpre%eni% Ihe.surplus balance of the da) to da} activities of ihc charity. Shell Fund- The Shell Fund represents a gTrranl received to assist with lh¢ PUrLhC r)f notice boards. Nl 1% (Iranipiaii & Abcrdcciishire C.i)LlllLII Ci)mmiiiiity Kesource Centre Fuiid - Thi4 restnLled lund reLurd5 the grani inLomc Te¢¢ivcd from the %cDllish Klini%ier% INI 1% %cotlandl and Aberdeen5I1ire Q'ouncil tor Ihc purposes of constructing LITid running ihc Cornmunity Rcsoiirct Cetiirc. Within thc balance nf fund% the Iru%tee% %el dside a SUIM b} wd}' lif d re&erve rcfcrrcd to the 'sinking fund.. l lie balaiicc Ect &sid¢ at 3151 ()ctober 2025 £X7,7110 ith the remaining balance of-thc lund i)fLI.i.3 l)¢P7 bcing ftjnding to Inecr day to day running costs of ihc CentrL. uring IhL ycar a re-allocation of funds of £52,603 made to the Gener31 Fund io corre¢1 a tnis-alloLatioll mad¢ in il pr¢vious year. C.RC. I".ixL(l A55¢t l.und Tliis fund r¢prt.4enLs the nel book value of Ihe Cojninunily RLsDurcL Ccnlrc and cquipmcnt lunded h>. thc Scottish li finistcrs INIIS SLollal. A% plr note 14. a first ranking 4landard seciirity held b> IhL' Scottish Mini.Etcrs in rcspeLI (if ()hligalions duc undcr the agrecmcnt tor thc consiniciion aiid u%e of IhL Centre. The charge was in placc for a period ot" ten years from lh¥ datL uf L%Lcution 1(1 thc fund ilas Iheref()re Ireattd rLsirictcd until suih litne a5 Ihc 5Lcurity' was rolc&sed. The char2e ivL% sati%fied on 30 NoeInbL'r 2019 but tht fund rLinaincd re%tricted. The depreLldtivn Lhargt in respLct vf IhL prupcrty will Lvntinue to be made again51 thi5 fund i)n an anniial b15. C.Sl'. I'.ar l)ark. (ldelI5 & Play Arca Cjrant Funding This reslricted fiind records the grani funding and dvnaiions ceiVed specificallv fL)I the CSC Car Park, Gardcn & Pla! Area project. C.%Q' Q ar Park, Gar(k,n & Play Area A55et Fund - I'liis fvnd rcprcstiits the net bÉ)L)k value uf the cSel5 qUired dnd LOllStrucled in re5peci ofthL Park, CJard¢n & Pla}, Area. Page17 c(InLinued...
aud Village Trust oles to Ihe F inanrixl StaterE]ents'_ continued fi)r the Year F.J]ded 31 October 21)2$ 13. rtrioN'EMET IN Fu DS- continued Tlic Brighler l.'illdge SLhernE Fund reLurds in¢Vtn¢ dnd gTran15 received fi)r the gEneral upkeep i)rthe village and thc rclarcd cxpcnscs. The GN'tn Equipmcnl Ass¢t Fund rcprcscnts thc nct book value Df the assets acquircd from spccific donation8 far Ilie purL}ie ot'ym equipineiit. 'I'hc %iistainablc Travcl Fund record% ¥ranl% and di?ndlii)n5 gi*en %peLi111IY IL)r Ihe prnrnoiion ol. trae] hy bi¢yGle and othcr 5llStainablc means. The GRTden Project Fund rccords funding givcn %pecifically io fId enhanccmcnts io thc garden arca around the Cenire complex. 'rhc Rcsilicncc F und Is a (Ine-ol'f fund tliat W&5 Sct up io provide fvnding for the purLhi%e of a generai()r for the ResDurcc C'.cntrc w'ith thc purpose Df mak'ing ihc ('cntrc Into a rcsilicnce hub tor Incal re%ident% to comc and gct warmih and ghelter in titne of 51onlls or poiicr ouiagcs. Thc A VA 1Cnl Health Fund ]% d fund to provide for the provision ofTn¢ntal health suppurt. The Jusi Ask F'und 1% d jc)1nt initiatlVL' bctw'ccn thc-r rust aiid NE IS l>ublic I Icalth to PTovTdc suppvrt t() PLiTrpIL' and familics in nced during ihc cosi ot-living crisis. The Cvnver5alion Cafe F'und is a fund to prol'idc for the ruijning of a mciilal lea1th initiativc providing tncctinE opponunitie5 and socia5 activities liTrr adu115 ld cliildrcn. 'Ihe Lhristtnas Appcal Fund was Set up to rai.8c fiJnd% tor C.hristrn&% gift% forthose in nccd. 'I"hL Confidcncc to Cook Fund Tdl.4e% funds to prurnote h¢alihy ¢ating. Thc Lottcry Store ("onvcr%ion Fund provided fundirtg for th¥ Lonversii)n ora %tore Into a consulting room Epacc. I.CPCi FulldTllgF is a fund to SUPPOrt hcalth and wellbeing activiiies. 1.1stLln8 p.ar funding 15 a fund used lo provide lisieniiig 5UPPOrt seNices. 14. RF.I.A'l'b:l) PAR'I'I. D15CLOSURES There were reldled party transactions with trustL'cs fDr Ihc vear L'iidcd 31sl October 2025. .1 he balanct vf other debtor. includt5 a suill of £6,920 oiiin¥ by IhL Lliarjty's wholls owncd subsidiary. Irdding iompany. I he Old Mart C'.ate l.IniiTed'."I'here are no fixcd terms of repaymciii and no iiiicrtsi is accnjed. 15. .CURF,I) 1SORROIVINI:.% & FLNDINC. .4 fir51 raDking standard sccurity was held by the Scntti%h Mint%ter% INH8 £c()tlandl over Ihe land comprising thc Coiiimunily Rcsour¢e Ccntrc. Maud in TeSP¢Lt uf obligdtiuns due under Ihe dgreernent tu pr()vide grant funding for the ivn51iuLlion of Iht Coinniuiiity Resource Cenlre. The security w'as in place for a period of ten Jears and per noie 12, the Iiel bLTrLTrk valu¢ uf lh¢ C¢nlre had b¢tn ITealtd d 511]LlEd fund unlil suLh tirne as ih¢ seiiirity rele&%ed. Th¢ Lhargye 5aiistied un 30 Noveniber 2019 and at tlie prestlll limt the value uf the Lcnire rernai115 as a rcsirictcd tuiid. Pa¥e 18
VillHge'I'ryst Detailed Statement of Fins)ntial Aotivilies for the Yeur Ended 31 October 2025 11.10.2_S ?1.10.24 IliCO.ML AND ENDOWMENTS Donatiun* n legacies r)onalion tiranis 11.127 19.715 13,482 74.135 30,842 87,617 Other trading activilies OihLr Qicncral Incornc 1,615 InTre5tment income Bdnk In¢er¢sl RL'LLivcd l(iTossI Inleresl rcLcivable 3J36 12,236 3J36 12.263 Charitahle activities C'SC Rental Income% NIIS & kn'('TrLinciI CR(.- l-.unding CJJM Membership & %alc 49,717 211.657 311,722 54.263 194,420 36,611 3UU,096 285 994 'I'otAI incomin% rc5uufL'e$ 385,492 '.XPL)DITLRE Charitable activities WdLpe5 & Sialf Costy Gym Peiision costs {}m Oihcr Dircci C.iJs1% Cjym Repair5 & MainicnanLe Cjym L)on#tion 52J46 1500 2222 2.932 408 43,914 2,84.1 708 2,630 428 59,4O8 50,524 Other tirant Aiiiortièdlitsn - Oppiirtuniti¢s Funding Grdnl.4moriiiaii()n- Cunim SLutland (Roof Funds) D¢pn of Freeliold Properiv Pldnt TnaLhinery Dcpn ot. F'ixluTL'% & fittings Depn of Cornplllcr kquiprnLnt {1,9001 11,9nQ} 17201 71.408 4,238 1.077 17201 71,408 5,299 1.347 459 74.962 75,893 Support ¢0st% .1 hi5 pagc does not torm part ofthe Stslulvry financial slatcrncnt5 Pagc 19
laud Village Trust Dtl#iled Statement of Financial Activities rur the Yer Ended 31 Ottober 202S 31.10.?5 31.10.24 upport costs Man#kyement 'agJt5 & Social SeLurity 105J15 5,040 12.856 IU,837 44,424 105,532 8,731 13.536 10,214 Rates- Gcncral & Waicr In%urance Hcat &. Light 3,(?24 PosLigc and Stationery Sllndries Repairs & mainl¢n¢t Waste Disposal & Cleaniiig IT sofiwart & LUllSUTnable5 1,646 47,489 4,043 3,793 23,577 6,471 254,745 245.475 Fin)th¢e Bank Charges 96 697 Governance costs AccounianLy feE5 Pri)fe%%iunal strviitS 5,1)67 2,139 4,200 7,206 Total resourcc% cxpcnded 396,417 378.603 Ntrt (èxpenditurellincome (60,528) 6.889 This pagc doe% not fnrm part of the Statutory financial statcmcnts Page 20