ROTHES COMMUNITY LIMITED FINANCIAL STATEMENTS YEAR ENDED AUGUST 31S SCOTTISH CHARITY NUMBER . SG034359 COMPANY NUMBER . SC236058 ANNE A. LAING Chartored Accountants ELGIN ROTHE COMMUNITY LIMITED SCOTTISH CHARITY NUMBER . SC034359 COMPANY NUMBER .. SC236058 CONTE Dlrectors and Professional Advis8rs Directors, Report 2&3 Statement of Dlrectors, Responsibilltles Independent Accountant'8 Report Statement of Financial Actlvilies Balance Sheèt Notes to the Accounts 8&9 ROTHES COMMUNITY LIMITED SCOTTISH CHARITY NUMBER . SC034359 COMPANY NUMBER . SC236058 FICIALS AND PROFESSIONAL ADVISERS DIRECTORS Sheila Brumby Margaret Burgess Chrls Hamilton Alison Killen Roy Killen Margaret R058 Pearl Paul Irene Shaw RECOGNISED CHARITY NUMBER SC034359 COMPANY NUMBER SC236058 PRINCIPLE OFFICE AND REGISTERED OFFICE The Cottag8 Vlsllor Centre 88 New Street Rolh6S Moray A838 7BJ INDEPENDENT EXAMINER Roy J Lalng MAAT ACCOUNTANT Anne A Laing Chartered Accountant Lavona, Calcot5 ELGIN IV30 8NB BANKERS Vlrgln Money 161 Mid Street KEITH AB55 5BL SOLICITORS Cockbums 82 High Street ELGIN IV30 1BL ROTHES COMMUNITY LIMITED SCOTTISH CHARITY NUMBER . SC034359 COMPANY NUMBER . SC236058 DIRECTORS, REPORT Chairperson's Report 2024-2025 Over the past year we have lost 8 director, Blll Morgan, due to health reasons but a new dlreclor, Margaret Ross, was appointed at the last AGM, thu8 ensuring we hav& a quorum. The board has always been fortunate in securing a good team of volunt&ers and this year ha$ been no dlfferent, thus ensurlng stability in the running of the visitor Snformalion and resource ¢entr6. From a financial aspect thls has again been a very succ8ssful year. Al the start of the year custom to the Coltage came from local people but the summer $8ason Saw the number of visitors from the UK and abroad 8te8dlly increasing. Locally mad8 craft goods, In parti¢ular cushions and bags, have conlinued to prove very popular wllh vSsitors and locals allke. The board18 very fortunate in having a local crafts person who conllnually updates her cushion and bag designs. Calendars of the local areas always sell well too. In Apiil the Cottage held a coffee momlng In the local Church hall and 80me of the volunteers also altendecl fairs In Dufftown 2nd one In Keith during the 8umm8r season. Our sales tabla at Tea in the Park was also a great success. Sales online have also proved to be popular. As staled last year h8vlng a card machine ha8 b8en a great boosl to the sale of goods overall. The Coltage continues to prSnt The Rothesian n6wslell8r, th8 Aberlour Kirk News and the RHIS Flowér Show programmè, as well as printing requests from other groups and indivlduals. In addition, the Cotlage continues lo hire out the premises lo groups for meetlngs. All In all the success of the Cottag818 down to th@ dlverse seNlces it providès to th8 local community and beyond. Thi8 year The Rotheslan. with th6 approval of the Rothes Council, becam6 a sub-committe8 of Rolhe8 Community Limlted a8 the people Involved in publlshing the newsletter are all members of Rothes Community Limited. In the summer of 2025 Fred 018en Renewables asked by flyer and the local website rf any group8 or individuals ware interested in using the former pub,'The Vic. The deadline for applications Wlth proposals for its use was 3 October 2025. Three parties have expressed Inte￿6t in using The Vlc., Roth88 Communlty Limited, Rolhes Councll and Richard Forsyth jr. Plan8 have been fO￿arded to Fred Olsen Renewabl8s and we are now awaiting a response from them. For the coming year the board of directors have agreed that the electric consumèr unlt needs replaclng as the current one is not up to standard. With regard to the heating, drector8 were shocked al the huge cost of the bllls, especially over the winter months, and as a result they are Investigating various av&nues lo improve the Issue. Once we hav8 all th6 information we need, we, the board of directors, will lake action to addres8 thls. As chairperson I would Ilke to thank the volunteers. They regularly give up thelr lime to ensure the Visitor Cgnlre Is open and welcorning to all who vislt, as w811 as helping with such tasks as printing and the display of goods. Thanks also goes to th8 board of d5r8ctors for th8ir support and Input for Improvements. Togelher th6y have ensured another suGcessful year. Sheila Brumby Chalrperson ROTHES COMMUNITY LIMITED scorrisH CHARITY NUMBER . SC034359 COMPANY NUMBER . SC236058 DIRECTORS, REPORT CONTINUED ObJectlve and Actlvltles The charsty's objectives are to bring together Ihe inhabitants, local authority and voluntary organisation of Rolhes and Its environs in a common effort to further the health and ad-vanc8 th8 education of the residents of Rothes and lo provide a meeting place and other facilities for the purpose of social welfare, leisure, recreation and educatlon so that the conditions of life ot the inhabit- ants of Rolhes may be improved. The principal actlvllie5 to achieve the company's objectives are the op-eration and maintenan¢e of a visitor cenlre. There has been no change to these objectives during this year. The Charity 18 dependent on the support of volunteers who provide approxlmately 700 hours of un- paid services per annum. Structure. government and managemont Rolhes Community Limited is a r6gislered charity. SC034359. It is a company limited by guaranlee, not having share capital and Is govemed by the rules set out in the Memorandum and Artlcles of Association. The company number is SC236058 . The companles registered name Is Rothe8 Community Limited. The charity is a public benefit charity. Th8 Iruslees, who are also the directors for the purpose of company law, and who served during the year were... Sheila Brumby, Margaret Burgess, Chris Hamilton, Alison Killen, Roy Killen, Margaret Gray, Pearl Paul and Irene Shaw. Financial Revlew The charity has raised total income for the year of £11,453 (2004 £12,691). Expenditure for the year amounted to £13,959 giving an overall deficit of £2,506 being taken from reseNes. R658rves pollcy The Statement of Balances shows unrestricted ftinds at the yèar and. Unrestrlcted funds are held by the charlly for use In future charitable events and activities. Approved by the Board and signed on their behalf Shella Brumby Chairperson Date i¥ . of x)a& ROTHES COMMUNITY LIMITED SCOTTISH CHARITY NUMBER .' SC0343S9 COMPANY NUMBER . SC236058 F DIRECTORS, RESPONSIBILITIES STATEM FINANCIAL STATEMENTS The Directors have pleasure in presenting their report and the flnanclal statements of the Company for the year ended August 31 sl 2025. The flnancial 8tatements comply with the Charities and Trustee Investment (Scolland) Act 2005, the the Charitles Accounts {Scotlandl Regulallons 2006 (as amended}, the Comp8nies Act 2006, the Memorandum and Articles of Assodation. and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts In accordance with the Financial Reporting Standard appllcable in the UK {FRS 102). In préparing these financial statements the officials are required to.. select sullable accounting policles and apply them consistently mak8 judgements and estimates that are reasonable and prudent- and pr8par8 the financial statements on a going concern basis, unless il is Inappropriate to do so on the grounds that the charity Is unllkély to continue in existence. The Directors are responsible for keeping proper accountlng rècords which disclose with re8$onable accuracy al any lime the financial position of the Company and lo enable them to 6nsure that the financial statements comply with the Companies Act 2006. The Directors are also responslble for safeguardlng Ihe asset8 of the Company and hence for taklng reasonable steps for the preventlon and det8ctlon of fraud and other irregularilie8. DIRECTORS The Dlrectors who served the Company during the year were as follows '. Sheila Brumby Roy Killen Margaret Burgess Margaret Ross Chris Hamilton Pearl Paul Alison Killen Irene Shaw SMALL COMPANY PROVISION This report has b8en prep9red in acGordance with the provision8 applicable lo Gompani6s subject to the small companies regime. Registered offlce The Cottage Vlsitor Centr8 86 New Street Rothes Moray AB38 7BJ Signed by order of thé Directors Shella Brum Approved by the Dlrectors on ... ROTHES COMMUNITY LIMITED SCOTTISH CHARITY NUMBER .' SC034359 COMPANY NUMBER . SC236058 YEAR ENDED AUGUST 31ST 2025 Independent Examlner's Report to the Directors of Rothes Communlty Llmlted I report on the Accounts of the Charity for the year ènded 31 August 2025 which are set out on pages 610 9. RESPECTIVE RESPONSIBILITIES OF DIRECTORS AND INDEPENDENT EXAMINER The charitable company's directors are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustees Investment {Scollandl Act 2005 and the Chariti88 Accounts (Scotlandl Regulallons 2006 (as amended) and the Companies Act 2006, the Memorandum and Artlcles of Association, and Accounting and Reporting by Chariti6s.' slalemenl of Recommended Practice appllcable to charitles preparing their accounts in accordance wlth the Financial Reporting Standard, applicable in the UK {FRS102). The chaTilable company's directors consider that the audit requirement of Regulation 10 (11 la) to Ic) of the Accounts Regulations does not apply. 11 is my responsibility to examine the accounts as required under section 44 (1) Ic) of thé Act and to stale whether particular matters have come to my attention. BASIS OF INDEPENDENT EXAMINER'S STATEMENT My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland} Regulations 2006 las arnended). An examination Inclltdes a review of the accounting records kept by the charitable company and a comparsson of the accounls presenled with those records. It also includes consideration of any unu8ual items or disclosures in the accounts, and seeking explanations from the directors Goncerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and Gonsequenlly I do not express an audit opinion on the view given by the accounts. INDEPENDENT EXAMINER'S STATEMENT In the course of my examination, no matter has come to my attention: (1) which gives me reasonable cause to b81ieve that in any material respect the requirements lo keep accounting records In accordance wllh Section 44{1) (al of the 2005 Act and Regulatlon 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulallon have not been mel, or (21 lo which, in my opinion, atlenlion should be drawn in ord8r to gnable a proper understanding of the accounts to b reached. Roy J Lalng MAAT, (Partner in the firm of) Anne A. Laing, Chartered Accounlanls Lavona, Calcots, ELGIN, Moray IV30 8NB Date.... ROTHES COMMUNITY LIMITED COTTISH CHARITY NUMBER . SC034359 COMPANY NUMBER . SC236058 STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT YEAR ENDED AUGUST 31ST 2025 STATEMENT OF FINANCIAL ACTIVITIES UNRESTRICTED RESTRICTED FUNDS FUNDS 2025 2025 TOTAL FUNDS 2025 TOTAL FUNDS 024 INCOMING RESOURCES Charitable Activities Total Incoming r•sourcos Note 11453 12691 11,453 12,691 11,453 RESOURCES EXPENDED Charllable acllvilies Total resources expended 13,959 13,959 13,959 15,145 13,959 15,145 Net {outgoing)lincomlng resources 12,5061 0 (2.506) (2.4541 Transfers between funds NET MOVEMENT IN FUNDS Fund balances as at August 31 st 2024 Fund balances a8 at August 31 st 2025 35,226 32,720 35,226 34,550 32,720 32,096 ROTHES COMMUNITY LIMITED SCOTTISH CHARifY NUMBER: SC034369 COMPANY NLIMBER.. SC236058 NGE SHEE AS AT AUGUST 31ST 2025 2025 2024 Note FIXEDASSETS 12,774 13,585 CURRENT ASSETS Bank Stock Debtor8 12,023 7,909 991 13,044 7.660 CURRENT LIABILITIES CredSlor8 and accruals 977 400 NET CURRENT ASSETS 21,641 TOTAL ASSETS 32,720 35,226 REPRESENTEO BY RESERVES Unreslrlcled Funds 32,720 35,226 Th& Dlrectors 1 conlirm that for the year ended August 31st 2025 Ihe Company was enlltlod lo exemption fiom audit under section 477 of the Companles Act 2006 r8latlng lo small componles. 2 Conflmi that the members have not required the Comp&ny lo obtain an audll of Ils accounts for the ygar In question in accordance wSlh section 476 of the Companle8 Act 2006, 3 acknowledge their responsibility for. {al ensuring Ihal the company keeps accounllng records which comply with secli¢sn 386.. and Ib) preparing 8ccounls whlch give a IrLte and falr view ol Ihg 51ale of affairs ol the Company as al the end of the financl81 year and of Ils profll for the financial year In accordance w￿th the requiiemenls of sections 394 and 395, and which otheFWiS8 comply with the requiTemenls of the Companies Acl 2006 ielallng lo accounts, so lar as applicable lo the Company. These financlal statements have been prepared In ao¢ordBnce wllh thè spedal prov581ons relallng lo companies subjeol lo the small companies regime within Pari 15 of the Companies Act 2006. The linanclal statements on pages 610 9 were approved by the Board of Dlreclor8 on . arKI slgned on Its behalf by SHEILA B MBY ROTHES COMMUNITY LI ITED COTTIS ARITY NUMBER . SC034369 COMPANY NUMBER: SC236058 OTES TO THE F NANCIAL STATEMENTS YEAR ENDED AUGUST 1 GENERAL INFORMATION Th8 company Is a charity and Ilmlted by guarantee. It is registered and incorporat8d In Scotland. The registered office and charity registered address is.. The Cottage Vlsltor Centre, 86 New Street, Rothes, Moray AB38 7BJ 2 Basls of accountlng The financial sla16men*s have been prepared under the historical Cost convention, and In 8ccord8nce with the Financi81 Reportlng Standard for Smaller Entltles and wlth the Statement of Recommended Practice 2005 - Accountlng by Charitles including the 2006 Regulations for preparing charity accounts. Income and expendlture Income has bean tsken account of using an accruals basls, wllh pledges, covenants and re¢overables being accounted for in thè perlod they relate to, rather than when received. Expendllure has been slmllarly charged to the revenue account. Charitablo Expendlturo Direct charitable expenditure includes all expendlture Incurred on grants awarded or on other schemes run in pursuanc8 of the Charlty's oblectives. The direcl costs of supportlng these adlvities, Including staff, eslabllshment and other ovérhead costs are Included as support costs under Ihls headlng. Depreclatlon DeprecSatlon has been provided at the followlng rates calculat8d to wiile off the assets over their esllmated useful lives'.- Flxtures & Flttings 15 % reducing balanc8 Unrestlct8d Reslrloted TOTA 2025 2024 INCOMING RESOURCES 3 Charitablè Actlvities 11,453 11,453 12,691 RESOURCES EXPENDED 4 Charitablfr actlvltles 13,959 13,959 15,145 ROTHES COMMUNITY LIMITED COTTISH CHARITY NUMBER . SCQ34359 COMPANY NUMBER . SC236058 NOTES TO THE FINANCIAL STATEMENTS CONTINUED YEAR ENDED AUGUST 31ST 2026 3 TANGIBLE FIXED ASSETS Heritable Flxtures & Pro TOTAL Cost At 1 September 2024 Added Dispo$als At 31 August 2025 8,176 7,260 15,436 8,176 7,260 15,436 Depreclatlon At 1 Septemb&r 2024 On disposals Charge for year At 31 August 2025 1,851 1,089 811 2,662 811 1,900 Nel Book Value At 31 August 2025 At 31 August 2024 12,774 14,347 8 176 6,171 2025 2024 4 CREDITORS AND ACCRUALS Trade Creditor8 and Accrua18 977 977 400 400 5 PARTICULARS OF EMPLOYEES In the year lo August 31st 2025 th8re were O employees. There are no payments to trustees who manage the charity.