**COMPANY REGISTRATION NUMBER: SC273043 CHARITY REGISTRATION NUMBER: SC035924** ## **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST Company Limited by Guarantee UNAUDITED FINANCIAL STATEMENTS 30 SEPTEMBER 2025** **RITSONS** Chartered accountants 26-30 Marine Place Buckie Moray AB56 1UT ## **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **FINANCIAL STATEMENTS** ## **YEAR ENDED 30 SEPTEMBER 2025** ||**PAGE**| |---|---| |Trustees' annual report (incorporating the director's report)|**1**| |Independent examiner's report to the trustees|**3**| |Statement of financial activities (including income and|| |expenditure account)|**4**| |Statement of financial position|**5**| |Notes to the financial statements|**6**| |**The following pages do not form part of the financial statements**|| |Detailed statement of financial activities|**15**| |Notes to the detailed statement of financial activities|**16**| ## **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)** ## **YEAR ENDED 30 SEPTEMBER 2025** The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 September 2025. ## **Reference and administrative details** **Registered charity name** Drummuir & Botriphnie Community Trust **Charity registration number** SC035924 **Company registration number** SC273043 **Principal office and registered** 26-30 Marine Place **office** Buckie Moray AB56 1UT **The trustees** Mr J. Mark Mr J. Law Mrs D. Mark Mrs F. Morrison (Appointed 11 September 2025) Mr C R Stockdale Mr A. Riach Mr S. Thain Ms K. Wilson (Resigned 28 July 2025) **Company secretary** Mrs D. Mark **Independent examiner** Ritsons 26-30 Marine Place Buckie Moray AB56 1UT ## **Structure, governance and management** The trustees have assessed the major risks to which the building is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems are in place to mitigate our exposure to the major risks. Eg. The buildings are insured, and all cheques require to be countersigned. ## **Objectives and activities** The charity is a company limited by guarantee which is governed by its memorandum and articles. The management of the charity is the responsibility of the trustees who are elected under the terms of the memorandum and articles. The objects of the charity are to purchase, refurbish and maintain the Drummuir & Botriphnie hall and adjoining cottage, and any other associated land and buildings. **- 1 -** ## **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)** _**(continued)**_ ## **YEAR ENDED 30 SEPTEMBER 2025** ## **Achievements and performance** Hall hires have increased over the past year. The most significant project, completed in February 2025, was the installation of PV panels and battery storage, which has shown a marked improvement in our energy running costs. ## **Financial review** The trustees have the responsibility to ensure that surplus funds are invested in the manner most suitable for the charity. Over the last year, the funds have been invested in bank deposit accounts which are low risk and easily accessed. The unrestricted fund represents the free reserves of the charity. The trustees are satisfied that the balance of the fund is satisfactory. There are three main restricted funds, namely, the Hall & cottage acquisition fund, the Hall renovation fund and the Hall storage building fund. The Hall & cottage acquisition fund is being utilised in line with the depreciation of the hall and cottage in the accounts. The Hall renovation fund is also being utilised in line with the depreciation of the assets. There are also three further restricted funds. The Equipment fund which is being utilised in line with depreciation of the related assets, and the website fund and village flowers fund, both of which are being utilised in line with the expenditure incurred. The Hall storage building fund will be utilised in line with the depreciation of the Hall storage building fund depreciation on the assets once it is built. As a result of the deficit of £2,773 (2024: surplus £30,125) for the year, the charity held unrestricted funds of £71,886 (2024: £72,404) and restricted funds of £461,836 (2024: £464,091). ## **Plans for future periods** Future projects planned are the installation of the Vehicle Activated Signs for the Village and the installation of a robotic mower for the Village Playing Field. Both projects will benefit members of the local and wider Communities. ## **Small company provisions** This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees' annual report was approved on 17 June 2026 and signed on behalf of the board of trustees by: ## _James A Mark_ Mr J. Mark Trustee **- 2 -** ## **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **YEAR ENDED 30 SEPTEMBER 2025** I report on the financial statements for the year ended 30 September 2025, which comprise the statement of financial activities (including income and expenditure account), statement of financial position and the related notes. ## **Respective responsibilities of trustees and examiner** The charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1)(c) of the Act and to state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 44(1)(a) of the 2005 Act and Regulation 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 Regulations - have not been met, or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Aileen Haslam, C.A. _Aileen Haslam_ Independent Examiner 17 June 2026 26-30 Marine Place Buckie Moray AB56 1UT **- 3 -** ## **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)** ## **YEAR ENDED 30 SEPTEMBER 2025** ||||**2025**||2024| |---|---|---|---|---|---| |||Unrestricted|Restricted||| |||funds|funds|**Total funds**|Total funds| ||**Note**|**£**|**£**|**£**|£| |**Income and endowments**|||||| |Donations and legacies|**5**|201|13,786|**13,987**|48,844| |Charitable activities|**6**|8,842|–|**8,842**|8,875| |Other trading activities|**7**|–|–|**–**|1,292| |||-----------------------|----------------------------|----------------------------|----------------------------| |**Total income**||9,043|13,786|**22,829**|59,011| |||=======================|============================|============================|============================| |**Expenditure**|||||| |Expenditure on charitable activities|**8,9**|24,843|759|**25,602**|28,886| |||----------------------------|----------------------------|----------------------------|----------------------------| |**Total expenditure**||24,843|759|**25,602**|28,886| |||============================|============================|============================|============================| |||----------------------------|----------------------------|----------------------------|----------------------------| |**Net (expenditure)/income**||(15,800)|13,027|**(2,773)**|30,125| |||============================|============================|============================|============================| |Transfers between funds||15,282|(15,282)|**–**|–| |||----------------------------|----------------------------|----------------------------|----------------------------| |**Net movement in funds**||(518)|(2,255)|**(2,773)**|30,125| |**Reconciliation of funds**|||||| |Total funds brought forward||72,404|464,091|**536,495**|506,370| |||----------------------------|--------------------------------|--------------------------------|--------------------------------| |**Total funds carried forward**||71,886
============================|461,836
================================|**533,722**
================================|536,495
================================| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. **The notes on pages 6 to 13 form part of these financial statements.** **- 4 -** ## **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **STATEMENT OF FINANCIAL POSITION** ## **30 SEPTEMBER 2025** |||**2025**|2024| |---|---|---|---| ||**Note**|**£**|£| |**FIXED ASSETS**|||| |Tangible fixed assets|**14**|**494,851**|509,162| |**CURRENT ASSETS**|||| |Debtors|**15**|**1,644**|1,517| |Cash at bank and in hand||**39,128**|50,607| |||----------------------------|----------------------------| |||**40,772**|52,124| |**CREDITORS: amounts falling due within one year**|**16**|**1,901**|24,791| |||----------------------------|----------------------------| |**NET CURRENT ASSETS**||**38,871**|27,333| |||--------------------------------|--------------------------------| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||**533,722**|536,495| |||--------------------------------|--------------------------------| |**NET ASSETS**||**533,722**|536,495| |||================================|================================| |**FUNDS OF THE CHARITY**|||| |Restricted funds||**461,836**|464,091| |Unrestricted funds||**71,886**|72,404| |||--------------------------------|--------------------------------| |**Total charity funds**|**17**|**533,722**
================================|536,495
================================| For the year ending 30 September 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: - The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; - The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. These financial statements were approved by the board of trustees and authorised for issue on 17 June 2026, and are signed on behalf of the board by: _James A Mark_ _James Law_ Mr J. Mark Trustee Mr J. Law Trustee **The notes on pages 6 to 13 form part of these financial statements.** **- 5 -** **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 30 SEPTEMBER 2025** ## **1. GENERAL INFORMATION** The charity is a public benefit entity and a private company limited by guarantee, registered in Scotland and a registered charity in Scotland. The address of the registered office is 26-30 Marine Place, Buckie, Moray, AB56 1UT. ## **2. STATEMENT OF COMPLIANCE** These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. ## **3. ACCOUNTING POLICIES** ## **Basis of preparation** The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. ## **Going concern** There are no material uncertainties about the charity's ability to continue. ## **Fund accounting** Unrestricted funds are available for use at the discretion of the trustees in furtherance of the purposes of the charity. Unrestricted funds include a revaluation reserve representing the restatement of investment assets at market values. Designated funds are unrestricted funds earmarked by the trustees for specific purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor. **- 6 -** ## **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 SEPTEMBER 2025** ## **3. ACCOUNTING POLICIES** _**(continued)**_ ## **Incoming resources** All income is included in the statement of financial activities when the charity is entitled to the income, any performance related conditions attached have been met or are fully within the control of the charity, the income is considered probable and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: - Donations and legacy income is received by way of donations, legacies, grants and gifts and is included in full in the Statement of Financial Activities when receivable. Where legacies have been notified to the charity but the criteria for income recognition have not been met, the legacy is treated as a contingent asset and disclosed if material. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. - Donated services and facilities are included at the value to the charity, being the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market. - Investment income is included when receivable. - Income from charitable trading activity is accounted for when earned. - Income from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. ## **Resources expended** Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates: - Costs of raising funds comprise the costs associated with attracting donations, grants and legacies and the costs of trading for fundraising purposes. - Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. - Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. - All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis, as set out in the notes to the accounts. ## **Tangible assets** Tangible assets are initially recorded at cost. **- 7 -** **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** # **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 SEPTEMBER 2025** ## **3. ACCOUNTING POLICIES** _**(continued)**_ ## **Depreciation** Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Land & Buildings - 2% straight line Equipment - 15% reducing balance ## **4. LIMITED BY GUARANTEE** Each member of the company undertakes to contribute to the assets of the company in the event of the same being wound up while he/she is a member, or within one year after he/she ceased to be a member, for payment of the debts and liabilities of the company contracted before he/she ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories among themselves, such amount as may be required not exceeding £1. ## **5. DONATIONS AND LEGACIES** ## **6.** |||Unrestricted|Restricted|**Total Funds**| |---|---|---|---|---| |||Funds|Funds|**2025**| |||£|£|**£**| |**GRANTS**||||| |Hill of Towie Windfarm Community Fund|Grants|–|5,649|**5,649**| |**OTHER DONATIONS AND LEGACIES**||||| |Donations||201|–|**201**| |||--------------|-----------------------|-----------------------| |||201|5,649|**5,850**| |||==============|=======================|=======================| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2024| |||£|£|£| |**GRANTS**||||| |Hill of Towie Windfarm Community Fund|Grants|–|48,694|48,694| |**OTHER DONATIONS AND LEGACIES**||||| |Donations||150|–|150| |||--------------|----------------------------|----------------------------| |||150|48,694|48,844| |||==============|============================|============================| |**CHARITABLE ACTIVITIES**||||| ||Unrestricted|**Total Funds**|Unrestricted|Total Funds| ||Funds|**2025**|Funds|2024| ||£|**£**|£|£| |Cottage rent receivable|4,800|**4,800**|4,800|4,800| |Hall income|4,042|**4,042**|4,075|4,075| ||-----------------------|-----------------------|-----------------------|-----------------------| ||8,842|**8,842**|8,875|8,875| ||=======================|=======================|=======================|=======================| **- 8 -** ## **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 SEPTEMBER 2025** ## **7. OTHER TRADING ACTIVITIES** ||Unrestricted|**Total Funds**|Unrestricted|Total Funds| |---|---|---|---|---| ||Funds|**2025**|Funds|2024| ||£|**£**|£|£| |Fundraising events|–
==============|**–**
==============|1,292
=======================|1,292
=======================| ## **8. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE** ||Unrestricted|Restricted|**Total Funds**| |---|---|---|---| ||Funds|Funds|**2025**| ||£|£|**£**| |Core expenses|23,827|759|**24,586**| |Support costs|1,016|–|**1,016**| ||----------------------------|--------------|----------------------------| ||24,843|759|**25,602**| ||============================|==============|============================| ||Unrestricted|Restricted|Total Funds| ||Funds|Funds|2024| ||£|£|£| |Core expenses|27,919|–|27,919| |Support costs|967|–|967| ||----------------------------|--------------|----------------------------| ||28,886|–|28,886| ||============================|==============|============================| ## **9. EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE** ||Activities|||| |---|---|---|---|---| ||undertaken|Support|**Total funds**|Total fund| ||directly|costs|**2025**|2024| ||£|£|**£**|£| |Core expenses|24,586|–|**24,586**|27,919| |Governance costs|–|1,016|**1,016**|967| ||----------------------------|-----------------------|----------------------------|----------------------------| ||24,586
============================|1,016
=======================|**25,602**
============================|28,886
============================| ## **10. NET (EXPENDITURE)/INCOME** Net (expenditure)/income is stated after charging/(crediting): ||**2025**|2024| |---|---|---| ||**£**|£| |Depreciation of tangible fixed assets|**14,311**|14,433| |Operating lease rentals|**535**
============================|1,029
============================| ## **11. STAFF COSTS** No salaries or wages have been paid to employees, including the members of the committee, during the year. The trustees did not receive any expenses during the year. **- 9 -** **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 SEPTEMBER 2025** ## **12. TRUSTEE REMUNERATION AND EXPENSES** The trustees did not receive any remuneration and were not reimbursed for any expenses. ## **13. TRANSFERS BETWEEN FUNDS** Grants have been received by the charity for the funding of fixed asset acquisitions. It is necessary for the charity to release these grants received over the useful lives of the asset to which they relate. In the year to 30 September 2025 £13,445 (2024: £13,004) was transferred from asset restricted funds to unrestricted reserves. There was also a transfer of £1,837 for expenses previously included as unrestricted in prior years. ## **14. TANGIBLE FIXED ASSETS** ||Land and||| |---|---|---|---| ||buildings|Equipment|**Total**| ||£|£|**£**| |**Cost**|||| |**At 1 October 2024 and 30 September 2025**|680,829|26,978|**707,807**| ||================================|============================|================================| |**Depreciation**|||| |At 1 October 2024|176,281|22,364|**198,645**| |Charge for the year|13,618|693|**14,311**| ||--------------------------------|----------------------------|--------------------------------| |**At 30 September 2025**|189,899|23,057|**212,956**| ||================================|============================|================================| |**Carrying amount**|||| |**At 30 September 2025**|490,930|3,921|**494,851**| ||================================|============================|================================| |At 30 September 2024|504,548|4,614|509,162| ||================================|============================|================================| |**DEBTORS**|||| |||**2025**|2024| |||**£**|£| |Prepayments and accrued income||**1,644**|1,517| |||=======================|=======================| |**CREDITORS:** **amounts falling due within one year**|||| |||**2025**|2024| |||**£**|£| |Trade creditors||**1,300**|24,190| |Accruals and deferred income||**601**|601| |||-----------------------|----------------------------| |||**1,901**|24,791| |||=======================|============================| ## **15. DEBTORS** ## **16. CREDITORS: amounts falling due within one year** **- 10 -** ## **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 SEPTEMBER 2025** ## **17. ANALYSIS OF CHARITABLE FUNDS** ## **Unrestricted funds** ||||At||||**At**| |---|---|---|---|---|---|---|---| ||1|October|20||||**30 Septemb**| ||||24|Income|Expenditure|Transfers|**er 2025**| |||£||£|£|£|**£**| |General funds||72,404||9,043|(24,843)|15,282|**71,886**| |||============================||=======================|============================|============================|============================| ||||At||||At| ||1|October|20||||30 Septembe| ||||23|Income|Expenditure|Transfers|r 2024| |||£||£|£|£|£| |General funds||77,969
============================||10,317
============================|(28,886)
============================|13,004
============================|72,404
============================| The unrestricted fund represents the free services of the company which the Trustees are free to use in accordance with the charitable objects. **- 11 -** ## **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 SEPTEMBER 2025** ## **17. ANALYSIS OF CHARITABLE FUNDS** _**(continued)**_ ## **Restricted funds** |**Restricted funds**|||||| |---|---|---|---|---|---| ||At||||**At**| ||1 October 20||||**30 Septemb**| ||24|Income|Expenditure|Transfers|**er 2025**| ||£|£|£|£|**£**| |Hall & cottage|||||| |acquisition fund|51,654|–|–|(1,720)|**49,934**| |Hall renovation fund|307,891|–|–|(8,527)|**299,364**| |PA/sound & computer|||||| |equipment fund|2,475|–|–|(371)|**2,104**| |Website fund / village|||||| |flowers fund|1,837|–|–|(1,837)|**–**| |Hall storage building|||||| |fund|50,623|–|–|(1,235)|**49,388**| |Defibrillator fund|638|–|–|(638)|**–**| |Carpark fund|1,253|–|–|–|**1,253**| |Solar panels|47,720|–|–|(954)|**46,766**| |Hill of Towie|–|5,649|(759)|–|**4,890**| |Edintore Grant|–|8,137|–|–|**8,137**| ||--------------------------------|----------------------------|--------------|----------------------------|--------------------------------| ||464,091|13,786|(759)|(15,282)|**461,836**| ||================================|============================|==============|============================|================================| ||At||||At| ||1 October 20||||30 Septembe| ||23|Income|Expenditure|Transfers|r 2024| ||£|£|£|£|£| |Hall & cottage|||||| |acquisition fund|53,374|–|–|(1,720)|51,654| |Hall renovation fund|316,418|–|–|(8,527)|307,891| |PA/sound & computer|||||| |equipment fund|2,911|–|–|(436)|2,475| |Website fund / village|||||| |flowers fund|1,837|–|–|–|1,837| |Hall storage building|||||| |fund|51,858|–|–|(1,235)|50,623| |Defibrillator fund|750|–|–|(112)|638| |Carpark fund|1,253|–|–|–|1,253| |Solar panels|–|48,694|–|(974)|47,720| |Hill of Towie|–|–|–|–|–| |Edintore Grant|–|–|–|–|–| ||--------------------------------|----------------------------|--------------|----------------------------|--------------------------------| ||428,401|48,694|–|(13,004)|464,091| ||================================|============================|==============|============================|================================| **- 12 -** ## **DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 SEPTEMBER 2025** ## **17. ANALYSIS OF CHARITABLE FUNDS** _**(continued)**_ **Hall & Cottage Fund** - the fund represents the funding received which was used to purchase the Drummuir & Botriphnie hall and adjoining cottage. **Hall Renovation Fund** - the fund represents the funding received which has been used for the purposes of renovating the hall. **Equipment Fund** - the fund represents funding received which has been used for PA, sound, computer & kitchen equipment purchases. **Website Fund** - the fund represents funding received which has been used for website costs. **Hall Storage Building Fund** - the fund represents funding received. **Defibrillator Fund** - funds for the acquisition and installation of a community defibrillator. **Car Park Upgrade Fund** - funds towards the costs of upgrading the hall car park. **Solar Panels** - funds toward the cost and installation on Solar PV and battery storage. **Hill of Towie** - funds toward the cost of a robotic mower for the Village Playing Field. **Edintore Grant** - funds for the acquisition of Vehicle Activated Signs for the Village. ## **18. ANALYSIS OF NET ASSETS BETWEEN FUNDS** ||Unrestricted|Restricted|**Total Funds**| |---|---|---|---| ||Funds|Funds|**2025**| ||£|£|**£**| |Tangible fixed assets|47,295|447,556|**494,851**| |Current assets|24,591|14,280|**38,871**| ||----------------------------|--------------------------------|--------------------------------| |**Net assets**|71,886|461,836|**533,722**| ||============================|================================|================================| ||Unrestricted|Restricted|Total Funds| ||Funds|Funds|2024| ||£|£|£| |Tangible fixed assets|48,161|461,001|509,162| |Current assets|24,243|3,090|27,333| ||----------------------------|--------------------------------|--------------------------------| |**Net assets**|72,404|464,091|536,495| ||============================|================================|================================| **- 13 -**