Charity registration number SC035045 IS¢otl8ndl Company registration numbor SC260588 ORKNEY HYPERBARIC TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ORKNEY HYPERBARIC TRUST LEGAL AND ADMINISTRATIVE INFORMATION Dlrecto MrR O S D Johnson Mr J D Leilch MrsKEMPy8 Mrs F L Smlth DrAJ Tr6vett DrA E R Wilklnson Charlty numb8r {Scotlandl SC035045 C¢)mpany number SC260588 Registered offic• The Old Academy 88¢k Road Stromness Otftney KW16 3AW Ind¢p?ndent examlner A J B Scholes Ltd 8 Albert Streel Kirkwall Orkney KW15 1HP Solieitors Maclay Murray & Spens LLP 151 St vin￿nI Street Glasgow G2 5NJ ORKNEY HYPERBARIC TRUST CONTENTS Pa9e Directors, report Indep8ndent examln8rfs report Statement of financlal aetivities Balan¢9 sheet Note5 lo the ftnanclal 8tstements 8-14 ORKNEY HYPERBARIC TRUST DIRECTORS, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025 The directors present thelr annual report and finan¢i81 ststsments for lh8 year ended 31 December 2025. The flnancial statements have been prepared In aceordanca wllh Lhe accounting policies set out In note 1 to the rinancial slalemenls and comply with the charivs articles of association the Companies Act 2006 and 'Accounllng and Reporting by Charitle5- Slalement of Recommended Practlce appllcable to charltles preparing their a¢￿Unts in accordance wth the Finanaal Reporting Standard appllcable In the UK and Republlc of Ireland IFRS 1021 {effe¢llve 1 January 2019}'. Oblectlves and actlvltles Thè twsfs oble¢ts are.. - to operate a hyperbarfc unli forthe ev8luati<)n and treatment of victims of diving accidents in Scottish waters., tr) carry oul research in order to reduce the number of divlng accldents and lo publish such research,. - lo increase diver Safely, through the running of appropriate training courses and any other appropriate means., and lo refine methods of treatment of victims of divlng acLxdents', all for Ihe benefit ol the general public. Achlevements and performance Slgnificant activitles and achievements against otyeCfi￿es 2025 has been a steady ye8r for Orkney Hyperbaric Unil. The amount of recreational diving in Orkney waters has been similar to the last lew years. There are currently 5 dive boats operating regularly out of Slromness for recreational divers. As has been the case in recent years, a nurnber of local dive-boats spend part of the earfy summer operabng outside Orkney w*ers. parhcularfy In Shetland. the west coast of Scotland and Scandinavia. This means that the volume of recreational diving activity in Orkney water tends lo In¢￿a&¢I￿ter In the Summer. The season has gradually extended wtlh a number of boats operating well into NoveTnber and one operating in December this year. In general, as one would expect, the number of Cases we se8 tfjnds to mirror thg amount of diving activity. In Orkney we can expect an incidence of decompression Nlness at bèiwèèn 1 and 1.5 eases11000 recreallonal dives. This estlmale Is based on detsiled dive boat return figurès whlch w8 have ¢olle¢¢ed on a number of occasions over the past 25 years. There has been a steady inerèas6 in comm6rclal dlving over the same time period. The scallop dlving sector conllnues lo thrive In Orkney waters. The￿ h8s also been an Increase In the nurnber of salmon farms, all of which are servi<%d with surf8ce supply divers. The marina energy secior has continued to expand and the development of offshore wnd famis. particularfy the west of Orkney windfarm, ￿1[ require extensive dlvlng supporL There were 20 significant incidents which presented lo the servicè in 2025. 17 divers with decornpres8ion illness were r8compre88ed. One of these, a dlver wlth a splnal bend, requlred subsequent transfer to Aberdeen for further Irealmenl. A diver wth 8 vgslibul8r bènd rèquirad a rèpeat trèatmenL One diver, with musculoskeletal pain. who Presented when the chamber was lemporadly offllne, was successfully Ireal¢d ￿th surfact oxygen. On• diytsr with immersion pulmonary 0￿¢rna was as¥c?¥cd and tran•f¢rr¢d to th¢ Balfour Hospital where he made a good recovery. Sadly there was one in-wat8r dè8th. Trainin All siaff must undertake core trdining Modules each year. Thesg Include a tralning chamber dive, Baslc Llfe Support training, medical emergencies training. fire safety and a personal medical assessment from the medical director. We h8ve also added a movlng and handlSng module. All staff musl have valid up lo date PVG ¢le¥ran¢e. Nr) member of stsff can be on the rota unless they have satisfactorily completed all of thèsa modules. Addltlonal refresher trainlng Is avalkble to 811 st8ff on any subject throughout the year on request. The OHT medical rnanual was updated last yaar. Dr Palmer has updated the module on the managernent of a cardlsc 8rr&st In the Chamber and this protocol will be induded In the next edition of the m8nu81. All members of staff have a copy of the OHT medical manual which contains all of th& modules. These are also available on4ine in th8 staff sèction of thè w8bsita. Wè us6 Mlcrosoft Teams to er>ntlnue regular training updates and have joint S8ssions with the Aberdeen unit three times a year. In addlllon. the Diving Diseas95 Research Centre in Plymouth have siarted an online journ81 club which is held every tsvo-lhree months. The Increased opportunStSes to share cases. issues and protocols ￿th other chamber8 throughout the UK has been a very posltlve development. The European Baromedlcal Soe16ty meetlng was held in September in Hel$inki.11 was 811gnded by Rabekah Palmer and Kalh Pye. Dr Palmer presented a poster al the conference which was well received. The British Hyperbaric Association was held in early Novernber In Birmingham. This was attended by Brett Taylor and Karen Seatter. ORKNEY HYPERBARIC TRUST DIRECTORS. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Therg was no face to face Scottish chomber maeung In 2025. Audit The Orkney unil had its three year annual rovlew In November 2025 carried out by Chris Skinner. Corfnn8 Johnson and Scott Graham from James Fisher Defence. We are awaiting the final report but the vislt Went W911 and the initi31 vorbal interim report was very satisfaclory. W8 find th858 vlsits 8xlremely vseful, as a geographlcally remote untt, external formative assessm8nt is, In OLJr wew, essential. In addition we have a six monthly audlt carried out by NHS Orkney infection control team. OHU submits reports as part of our SLAwth Grampian èvèry six months. Liaison Prevention and Future Plannin OHT remains committed lo working wSlh other agencles to Improve dlvlng safety. The unll conllnues lo partl¢lp8le with other relevant agencies lo reduce the number of dlvSng accSdents in Orkney walers and to improve the triage and management of aeeidents whleh occur. There havo been a couple of exariisès this yÈ8r involving MCA and Ilfeboat crews. It remalns ch8llenging to gèl 811 parties to work cohe8lv81y but it is hoped that maintaining dialogue and the inleraction generated by training exercises will prornole better understanding of each agency's role and better le8m working. Maintenance and Develo ment of the Facili 2025 has been the fifteenth year of use of the new chamber. We h8ve a five-year rolling maintenance schedule contract wlh SMP who built the chamber. The next planned visit 15 in Febrvary 2026. The manufadurer estsmale5 the lifespan of the triple lock chamber as around 30 years- the potential issue at th15 Blage becomlng replacement of parts rather than any issue with the structural integrity of the chamber itself. The garage alongside the chamber building 15 to become vacant In M8r¢h 2026 and we hav8 agr88d to take this over. This will function as a store for storing oyllndérs and equlpmenl. a spaea for setvlcing equlpment and will also protect emergency a￿$S lo the d1am￿r bulldlng. Tha lease for the garage is lo be included in our new lease whi¢h we hope to sKJn eariy In 2026. The lease for the charnber building wth ORIC (Orkney Resgarch and Innovation Campus) has recently expired. We have an agreement for the ￿8$e lo be renèwed for a tèn year period (see below). OHT has suificient financial reserves to rneel the cost of the servlce having to mov& sit8 should this ever be ￿qUIred although there Is no anlicipalion of this. These reserves are 8150 in pl8¢e to meèt the future capStal costs of replacing equipment induding the ohamber itself. Financial reserves are cU￿entlY splll between fixed rate bonds 8nd a medium risk ethlcal pothlio investment managed by R¢)wan Dartington. Research The English chambers vtho are members of the Brftlsh Hyperbarfc Assoclatlon all contribLrte data to an electronic database using the 'Red¢ap' IResear¢h Ele¢tronlc Data Capture) software. This has been approved by NHS England subject to 8 58ries of saf89uard$ to protect data in a¢¢ordanc* wth GOPR. Th8 d8lab8se covers a range ol indications for hyperbaric treahmenl and 18 designed to ¢¢llate Information about treatments and outcomes. We believe that the diving Illntsss seclSon of the database could be a useful resource for the Scotush chamber5 and that we should conlrlbul8 as members of the Britlsh Hyperbaric Association to improve audit and kno￿edge in an area with relatively small numbers of cas8s natlonwide. The adoption of Redcap in Scotland, as a separate jurisdiction, would require approv81 from Nauonal Sarvlcas Seot12nd (NSSI in partiojlar with ￿gard lo data security. Andrew Trevett raised this issue 8t the Scottish cllnlcal leads meeting and has asked the head of service lo discuss this with Natlon81 Servlces Scotland. Nallonal Desi nation As delalled In prewaus rewts thè hyperbarlc servlce in Scotland 15 a nauonally designa18d $ervic8. This structure has conslsted of three cenlres, Aberdeen, Orkney and Ob8n. The servlce In Oban was suspended in March 2024. All health boards in S¢oU¥nd ar¢ "top-sliced. to fund nationally designated spe¢ialis158rvi ORKNEY HYPERBARIC TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestrlcted fund5 2025 Unrestrlctad funds 2024 Notes In¢ome from: Charitable activitles Investmants 298.840 31,fj 326,717 33,018 Total income 330.536 359,735 Exp•nditure OD: Raising funds Ch8rit3ble 8¢t1￿lieS 3.975 338.691 4,087 277.155 Total èxpèndlturè 342,666 281,242 N8l galnslllosses} on investments 10 19,115 13,8781 Net Income and mov8mènt In funds 6,985 74,615 Reeonclllatlon ot funds: Fund balances at 1 January 2025 1,628,206 1,553,591 Fund balances at 31 December 2025 1,635,191 1,628,206 The statement of financial activities indudes all gains and10sses recognised in the year. All incorne and expenditure derive from continuing aclivilies. The statement of financial activities also complies with the requirements for an Income and expenditure account under the Companies Acl 2006. ORKNEY HYPERBARIC TRUST BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Notes Flxad 8$sèts Tangible assets Investments 12 13 207,024 242,654 233,965 221,573 449,678 455,538 CUr￿nt assets Debiors Cash at bank and in hand 14 70,326 1.119.802 88,781 1.114.786 1,190,128 1,203,567 Creditors: amounts falling due within one year 15 14,6151 130,8991 Net current assets 1.185,513 1.172.668 Net assets 1,635,191 1,628.206 The funds of the trust Unreslrlcied funds 1,635,191 1,628,206 1,635,191 1,628.206 ThÈ company Ss entllled to thè exemption from the audit requiremènt eontslned In seotlon 477 ofth8 CompBnies Act 2006, for the ye8r ended 31 December 2025. The dlrectors acknowledge their responsibllill8s for comptying wlth thè roqulrements of the Companles Act 2006 wlth respect to accoUn￿ng records and the preparation of financial 5talements. The rnembers have not required the oomp8ny to obtsln an audll of ts financial slalernents for the ye¥r in qugstion in accordance wth sectlon 476. Tngse fln8ncl81 $¢a¢ements nave been prepare¢J In accordance wllh the provlsluns applltsble to companl•s sublecL the sm811 companles reglme. The finanrial statements were approved by the dlrectors on ........... DrAJT Direc or Company registration numbor SC260588 ISLx)tlandl ORKNEY HYPERBARIC TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 A¢¢ounting policies Charfty information Orkney Hyperbari¢ Twst is a private company limlted by guÈrantee incorporated in Scouand. The registered otfice is The Old Academy, Back Road. Stromness, Orkn¥y, KW16 3AW. 1.1 AGGounting Gonventlon The financlal statements have b88n prepared In aco)rdance wfjth Ihe trust's artides of 88SOCi8tion, the Charities and Trustee Investment IS¢otlandl Act 2005, the Charities Accounts Iscollandl Regulations 2006 {as amended), FRS 102 The Financial Reporting St8nd8rd 8pplicablg in the UK and Republic of Ireland" I'FRS 102'18nd the Charities SORP 'Accounting and Reporbng by Charities: Slalemenl of Recommended Practice appliegble to charities preparing their acojunts in accordance wSth the Financi81 Reporting Standard applicable In th¢ UK and Republic of Ireland IFRS 1021. (effective 1 January 20191. Thts trttSt 15 a Public Benefit Entity as definèd by FRS 102. The trust ha$ tsken 8dvHntage of the provisions in the SORP for charities not io prepare a Statement of Cash Flows. The financial slalemenis are Prepared in slerfing. which is the functional currency of the trust. Monetary amounts in these financial statements are Tounded to the nearesl £. The financial 51alemen15 have been prepared under the historical cost convention. The principal accounting policies adopted are set oul below. 1.2 Golng concern At the tlme of approving the financial statements. the dlrectors have a reasonable expectat1on that the trust has adequate resources lo continue in operational existence for the foreseeable future. Thus the directors continue to adopt tho going Concern b8$15 of 8ux)unting In prep8rin9 the finEncial statements. 1.3 Charit•blè funds UnrestrTcled funds are avallable for use at the discretion of the directors in furtherdnce of their tharilable objedives. 1.4 Ineomè Income is recognised when the trust is legally enlilled to il after any perforrnHncg conditions hgve begn mtsl, the amounts can be measured reliably, and it is probable Ihat in¢ome will be recelved. Income from charitable actlvltles conslsts of amounts chargeable to health bo8rd$ and other entitl98 for the provision of the hyperbaric facility. Investmonl in¢ome ￿mP￿seS Interest recelvable on funds held on deposit. 11 is recognised in the period in whlch the Income is earn￿. 1.$ Exp8nditure Expendlture Is Included In resources expended on an accwals basis, inclusive uf any VAT whi¢h cannot b8 recovered. 1.6 Intangible fixed a55ets other than goodwill Intangible a55ets acquired separately Irom a bu5in85s ar8 racognlsed at cost and a￿ subsequently tneasured St cost less accumulated amorttsatlon and accumulated Impalment losses. Amortlsallon Is rowgnlsed so as lo write off the Cost or valuatlon of assets less thelr TeslduBI values over thelr useful lives on the folbwing bases: So￿ar0 33°h stralght ￿ne b85lS ORKNEY HYPERBARIC TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEM8ER 2025 A¢¢ountlng pollcl•s (Continued) 1.7 Tanglble fixed a$5ets Tangible fixed assets are Inilially measured al cost and subsequently measuied 8t cost or valuation, nel of depreciation and any impairment losses. Depreciation is recognlsed so as to write off the cost orvalualion of assets less their resldual value5 over their useful lives on Ihe following bases.. Land and bulldlngs Pl8nl and machinery 2% slraighl line basis 5- 10% straight line basi3 The gain or loss arlsing on the disposal rjf an a5sel is delermlned as the dSfference b6tween th• sale proceeds nd the carying value of the asset. and Is recognlsed In the statement ¢f flnancial activities. 1.8 Fixed asset investments Fixed asset Investments are inibally measured at transaction price excluding transaction costs. and are subsequently measured at falr value 81 ea¢h reportlng dale. Changes in falr value are recognlsed In net Incomel{expenditurel for the year. Transaction costs are expensed as Incurred. 1.9 Impalrnient of fixed assets Al each reporting end dale, the trust review3 the carying amoun15 of ils ts￿91￿e and intangible assets to determlne whelher there is any indiGalion that Ih05e assets have suffered an impairment loss. If any such indication exists. th8 recoverablè amount of the assèt is èstimatèd In ordér lo d8t8rmin8 the 8xtent of the Impalmient loss Ilf any}. 1.10 Cash and cash •qulval•nts Cash and cash equivalents Include cash in hand, deposits held at call wlh banks, other short-terrn liquid inv85tmenis wilh 9rigin81 maluribes of three months or le55, and bank QVgTdrafts. Bank ovgrdr8ft5 Bre shown wlthift borrowings In Current liabilitie$. 1.11 Financial instruments The trust has elgfted lo apply the provi8ions of Section 11 '8asic Finanoal InstNrnents' of FRS 102 to all of ils financial instruments. Financi81 instruments are recogni5ed in Ihe trusvs balance sheet when the trust becomes party lo the ontraGtual provislons of the InstrumenL nanclal 8ssets 8nd IlabllStles are offset, wlth the net amounts presented in the flnanclal statements, when there is a legally enforceable right to sel off the reo)gni$ed amounts and thero is an intonlion to Settle on 8 net basls or io reallse the asset and settle the liabS15ty sSmultaneously. Bas1¢ flnaft¢lal •$$$ts Basic financial assets, which include debtors and cash and bank balances. are Initially measured at transaction price including transaction costs and are subsequently carried al arnortised cost usng the effective In18rgst mgthod unl858 th8 arr8ng8m8nt ￿￿81[l[lIeS 8 financing tr8nsaction. where th8 trans8¢tion 13 rR88sur•d at thè prasent valu6 of th• futur& rectripts diseounled at a matket rale of inler8st. Flnancial 8ss•ts ¢lassified as receivable wlthln one year are not amortised. ORKNEY HYPERBARIC TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Aceountlng policie5 Icontlnued) 8asl¢ financlal Ilabilities Baslc fln8ncial Ilabllllies. including credllors and bank loans are initially recognSsed 8t transaction price unless the arrdngement conslStules a financlng trans8¢1ion, where the debt instrument Is measured at the present value of the future payments discounted al a market rate of intarest. Financial liabilities classifièd as payab vAlhln one year are not amortised. Debt Instruments 8re subsequenuy Carr￿ at amortlsed cost, using th6 gffective intere31 rate methuj. Trade creditors are obllgations to pay for goods or services that have been acquir9d in the ordinary course of operations from suppliers. Amounts Payable are dassified as curient Ilabilltles If paymonl is due wlhin one year or less. If not, they ar¢ presented as non-currenl liabilities. Tradg Creditors 8re recognised initially at transaction prlce and stJb3equenUy measured at amorbsed eost using the effective interest method. Dèrèeognition of financlal Ilabllllles Financial liabilltles are derecognised when the Irusvs contractual obllgattons expir& or dis¢h¥rged or ancelled. 1.12 Employ•• boneftts The cost of any unused htsllday entitlement 18 recogni8ed in the period in which the employee's seNees are received. Temiinalion benefits are recognised imm8dialely as 8n expènse when the twst Is demonstrably ￿MmItted to leminato th& employment of an employee or to PTovide lerminalion bengfits. Crltlcal accountlng estlmates and judgements In the application of the trust's accounting policies. the dlrectr)rs are requlred to makè Judgèmènts, Èstimates and assumptions about the carrylng amount of asseis and Ilabilgties that are not readily appar¢nt from other sources. The estimates and associated assurnplions are based on historical experience and other faciors that are ¢onsldered to be relevanL Adual f88u118 may dlffer frorn these eslim81o3. The estimates and underlying assumptions are reviewed on an ongoing basls. Revisions to accounllng estimates ar8 r6cognis8d in tha period in which the èstimatè is rèvisèd wher* th6 ravlsion affècis only that period. or In the period of Iha revl$ion 8nd futuro pertod$ where the revlslon affects both Current and futtjre perfods. Income from charltable actlvltSes Unrestrlcted funds 2025 Unrestrl¢ted funds 2024 Provlslon ol hyperbarlc faclltty Services provkled under Contract 298,840 326,717 10- ORKNEY HYPERBARIC TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Incomg from investments Unrestrlet•d Unrè#trietÈd funds funds 2025 2024 Other income Interest recelvable 5.941 25,755 5.874 27,144 31.696 33,018 Expenditure on raising funds Unr0$tri￿gd Unrestricttrd funds funds 2025 2024 Investment management 3,975 4.087 Expenditure on charitable actlvltles Tr•atment, Treatment, educatlon & educatlon & research fesearch 2025 2024 Dlrect costs Deprerialion and impairnient Operating contract Nursing cover Operating repair8 Gases Heat and Ilghl Other dlreci Costs 28.412 153.865 53,703 52.347 6.125 2.168 42,071 28.265 144,540 42.768 26,796 2.g41 3.638 28,007 338,691 277,155 Analysls by fvnd Unrestricted funds 338,691 277.155 Expendlture on charitabl¢ 8¢tivities in¢lud¢$ th¢ sum of £2.34612024- £2,248) chargeable by the Independent examiner in respect of accounts preparation and independent examinatK)n serVI￿S. ORKNEY HYPERBARIC TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Net movement tn fund¥ 2025 2024 The nel movement in funds 58 ststed after chargingllcrediling): Depredation of owned langible fixed assats 28,412 28,265 Dlrectors None of the dlreclors lor any persons Connected wlth them) recelved any ffjmun8rallon durfng the year. Employees The 8veTage monthly number of employees during the year w88: 2025 Mumber 2024 Number Total There were no èmployee8 whose annual remunerallon was more than £60,000. 10 Galns and lossès on Invèstmènts Unrestrlctèd UnM$trlct•d funds funds 2025 2024 Gainslllossesl arising on: Rev8lu8llon of Invostrnenls Sale of investments 26,677 17,5621 (3.638) 1240) 19,115 13.878} 11 Tax?tlgn The charitable ￿MpanY 1$ exempt from corporation t8x as all Its Income 1$ charitsbl8 8nd 18 applled for charitsble purposes. 12- ORKNEY HYPERBARIC TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 12 Tanglble flxed a$5ets Lgnd and bulldlngs Plant and machlnery Tot•1 Cost Al 1 January 2025 Additions 107,043 575,870 1,470 682.913 1,470 At 31 December 2025 107.043 577,340 684,363 Depreciation and Impalm)ent Al 1 January 2025 Depreciation charged In ihe year 25,052 2,140 423,895 26.272 448,947 28.412 At 31 December2025 27.192 450,167 477.359 Carrylng amount At 31 Decernber 2025 79,851 127,173 207,024 At 31 December 2024 81.991 151,974 233,965 13 Flx•d a$s•t ithvestmènts Llsted Cash In portfolio Totsl investments Cost or valuation At 1 January 2025 Addlllons Valuation changes Oisp08813 216,691 46,442 26,677 155.1111 4,882 53,490 221,573 99,932 26,677 1105.5281 150,4171 At 31 December 2025 234,699 7,955 242,654 Carrylng amount Al 31 December 2025 234,699 7.955 242,654 At 3lDe￿Mber 2024 216,691 4,882 221,573 14 DebtOTS 2025 2024 Amounts falllng due wlthln one year: Trade debtors Other debtors Pr8pHyments and ae¢rued income 85,562 65,S62 18.882 4,337 4,764 70.326 88.781 -13- ORKNEY HYPERBARIC TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 IS Credltors: amounts falllng due wlthln one year 2025 2024 Tr8d8 credllors Accruals and deferred Income 26.709 4,190 4,615 4.615 30.899 16 Unrestricted fvnds Thg unr8strioted funds of the charity Comprlsg the unexp8nded balance5 of donatlon5 and grants whl¢h ar8 not subject lo specific conditions by donors and grantors as lo how they May be used. These include designated funds which have been sel aside out of unrestricted fvnds by the tNstees for specific purposes. At1 January 2025 Incoming resources Resources expended Ga(ns and los$¢$ At31 D•¢èrnb¥r 2025 General funds 1,628,206 330,536 1342.666} 19.115 1.635.191 Previous yè¥r: At 1 January 2024 Incomlng resoure•s Resourc8s •xp•nd8d GaSns and losses At31 D•cember 2024 General funds 1,553,591 359,735 {281.2421 13,8781 1,628.206 17 Ralated party transactlons There were no dlsclosable related party transactions during the year. 14-