Scottish Curling Trust
Report of the Trustees and
Unauditcd Financial Statements
Year ended 30 September 2025
Charity no: SC038043
Company no: SC312146
(Scotland)

Scoitish Curling Trusl
Al￿￿al Report and Financial S￿ements for thc year elld￿ 30 Sepiember 2025
Contents
ReferenL¢ and AthniDistrdtive Details
TNstees' Report
Indepell(knt Examinevs Report
Statement of Trinancial Activities (InW￿0rd1in8 income and expenditure account)
Balance Sheei
10
Notes lo the Finan¢ial Ststements
11-18

Scottish Cwling Trust
Annual RewTrrt and Financial swements for the year ellded 30 Septemb¢T 2025
Reference and Administrative Details
Company rcgistration number:
SC312146
Charity regi$trAtion number.
SC038043
R¢gist¢red and Principal otTice th￿$..
Caimie House
IDglision ShowBround
h'ewbridge
EH28 8NB
Trustees
Mrs M M Nicol IC.hair)
Ms B K Gibb (Res&¥ned I I t)ec¢mber 2025)
Mrs M Wellman
Dr L Scotland
J Fl Wilson
MrVLBrys0
Mrs W Ixjuden (Appointed 17 Dwernb¢r 20241 (Vice Chairl
Mr5 M Erskine (Appointed 17 Deccmber 2024)
Mr N Patrick {AppOin1￿ 17 December 2024}
Mr J Browm (Appoinied 17 December 2024)
Ind¢pendent Examiner
Gordon Mavor
Ftmu'ork Lid
7 Souih Charloite Stre
Edinburgh
EH2 4AN
Bankers
Bank of Scoiland
75 CJCOTge Street
Edinburgh
EH2 3EW

Scottish Cwling Tn￿1
Annual Report and Financial staiernents for the year eDded 30 September 2025
Report of the Trustees
The Trnstecs, who are a150 Dir¢ctors of thc Charity for the putp)ses of ihe Companies Act 2006, prcscnt their
report th¢ financial staiemcnts of the charity for the year eDded 30 Sq)frfft￿r 2025. Th¢ Trust¢￿ have
adopt¢d th¢ provisions of Accountin8 and Reporting by Cbariiies: sts￿Ment of ReLommended Ptaclice
applicablc lo ¢hari¢ies preparing their accounts in accordancc with the binancial Reponing StaThJard applicable
ID the UK and Republic of Irelatsd {FRS 102) (effectivc l January 2019).
ORIFCTIVES AND ACTIVITIES
Hlstory And Objectives
The charity is a compony limited by guaranlee with the purwjseg laid Ik)wn in its Mcmorandum and Articles
namely:
The advaneem¢ni of public particiiiation in sport
b. The advancement of edueaiion
The advan¢emcnl of the a￿. hcrilagc aThVor Lulture
d. The provisions of rwrcational factlities or the organi5ation of r¢creational facilities. with the object of
improving the conditions of life for the public generally, and
reli¢f of those in need by re&qoo of disability or other di58(fvanta8e..
ACHIEVEMELYfs AND PERFORMANCE
Actlvltle$ for the year
During the last year. the Trust has been activ¢ly WOTking in six main areas'.-
Catslo8uing new maleri81 gitied io the Tnst for ihe hi$torical colleciion
Caialo¥uing thE World Curling bistorical collection and workiD8 in PJTther5hip with World Curling to
er¢at¢ a global online virtual museum
Continuing to improve SlOTa8e and furtherdevelop th¢ display area within our slorage facility
Providing 5UPWn to th¢ devclopmcnt of thc Scollish Curling Disability progrnTllm¢s.
Supporting Swrtish Curlin8 to increase participatiijn aNI with the development of the Under 14
program.
Supporting clubs celebrating s￿¢1*1 his1or1￿1 anniversaries and PToviding it¢ms for their ¢urling
exhibitions
This year the Irust has ap￿AnIed two 8mb¥ssador5. Bcrth are curling le8cnts and multipl¢ medal witlljers who
are respected ivithin the sport. We look forwtrd to Working with Bruce Mouat and Aileen Ncilson whose
passion and Lnthusiasm for all thin8s curlinB will b¢ an asset ￿ the trust.
TTUStee5 have been workirt8 to improve the photographic quality of many of the catalogued items.
The Tn￿l continues to WQTk clw¢ly with Scoitish Cwling to promote and sutvort ihe development of disability
curling, th¢ development of youth CUTIiDg and providing fiDancial support to allow Sc(Trttish Curling lo deliver
ILL rt￿ker and Umpire trdining Courses.
Wc work closely ￿'1th the Atme Matcolm Legacy Fund who raise fund5 ill tncfflory of Annc Malcolm who died
in 2019 with procecd% l*ing disbursed as grants to women and girls involved in the development ofcurling. The
promotion of the fund will continuc to ¢Jwourdge wople to apply for finallcial a5SiStan¢¢ for the b¢y)cfil of the
sport.

Scoiiish Curtitig Trust
Annual R¢w)rt and Financial s￿ements for tbe year t[￿ed 30 September 2025
Report of the Trustees
We continu¢ to WOTk ¢losely with the Willie Jamieson JunioT Curl¢TS Fund who raise funds in memory ofwillie
Jami¢s¢)n who di¢d in 2022, wh05c funds sUPPOrt junior clubs and w)funded junior ath]etvs throughout the
country.
The Trt￿t continued its campaign to encourage individuals. laTgeting rnembu5 of the Royal Caledonian Curling
Club, to leave a legacy to the Tr￿t iti their will and pr¢parntions are in hand lo launeh-Friends ofthe Trust"
FINAIYCIAL REVIEW
Results for the year
During the y¢ar the charity 8enLrntcd iotal incom¢ of L17,19812024.. £21.7971 and recorded total eX￿ndI￿re of
£80.950 (2024.. 88,271), including grnnts paid lotalling £42.35812024.' £57.750) itt the yrar. There was a nel
deficit of £50,615 (2024.. £59,408) of which 0 deficit OF £37.39112024.. Surplus £19.5301 relaied to r¢stri¢ied
f)Jnds. Ai the y¢4r-end total funds wnounied 10 £227.43912024- £278,054), ofwhich £161.90112024.. £199,292}
related io resiricted fLmds and £65,538 (2024: £78.7621 r¢lated 10 unTe5tyicied funds.
Gov¢m8nce and administration wst5 ar¢ n¢gligiblc thanks to th¢ ongoing 5UPPOrt from th¢ Royal CAledonian
Curling Club and the dcdiLation alld hard Work (Jf the volunteer Trusiees.
Re$erw¢s pollcy
'rhe free reserves, being unr¢strÈ¢ied funds not lied up in thn8ible fixed assets. Jrnounied lo a surplus of £6.5.-f 38
(2024.. £78.762) al the yearrycnd. Thc charity aims w Tetsin 12 nwnths of ovcrhcad expenditure (i.c. non-grant
xpenditurej in liquid capital.
Rlsk M8nagement
The Trustees or¢ aware of their resw￿S1bIll11es with regards to safeguarding of the charity's ps5ets and for
managing the risks associaied with ihe main a¢tivilie5 of Ihe chariiy. Risks are tsken inio a¢¢ount in every
deci%ion mad¢ at Board level, as well as in the operntional processes of ihe charity.
Trxatio
Scol¢ish Curlin8 Tr￿st is a charitsble company and is reco8nis¢d as such by H M Revenue & CusEoms for
taxation purposes. A5 E rcsult. th¢re is w liobiliry to thxati¢)n on ally of it5 in￿￿¢.
PLANS FOR FtrruRE PERIODS
The short to medium tCrnL aims of the TnLSt Ore to irnprovE th¢ Virtual Museum and to Continue our
collabt)ration with both Scollish Curling & World Curling to creale a Global Virtual Museum. W¢ will conlinue
to support intcrcsted parries who r￿U￿1 inf0m￿tIon from the coll¢ction.
We will continue to support EiCCC (Scoitish Curling) in developmenl, disability and Inclusion and Work elosely
with them to en5ur£ the long4erni of thc s￿)rt.

Scottish Curling Tn]st
Annual Report and Financial statements for th¢ year ¢nded 30 September 2025
Report of the Trustees
STRUCTURL GOVERNANCE AliD MANAGEMENT
Mallagement #nd Govtrn*nct
The Directors. who are Directors for the purtM)s¢ of company law 8nd Tnw¢¢s fow th¢ purposes of chariry law,
are sel out on page l.
The comwjsition of the B¢)ard of T￿￿teeS is as follow¥.'
The Chief Executive and one Director ex officiiis of ihe Royal Caledonian Curling Club, inc0￿0Tated
under the Compani¢s Act under Company N'umber SC232571 and having IL8 Regisiered oific¢ al
Cairnie House. Inglision Show8rouDd, N¢￿'brIdge, EH28 8NB, or irs SUCCLssors.' and
b. Up to four it)divkdual persons COwOPtcd as Trustees by the Board of the Tn￿ in ternis of Articl¢ 24 and
25.
Up (o four individual persons apw)inted ts Trus*¢s by the Board of the RCCC in terms of Article 24
and 25.
All Trustees have received a TftL￿e¢ hdfftdb￿ (MrtlinÉng iheir duties and responsibilitie&
ReerultmeDt #ttd #ppolDtmeo¢ of new Tru81ees
Trustees are wumed (And resign) within the TequiTements of th¢ M¢mor8ndum and Article5 of AsSOCQtion.
Constltutlon
Scolt15h Curlin8 Trust W&$ ill¢OTPOrntryJ as a c4)mpany limi*d by 8uaraTriee. The managemen¢ of the charity is
the responsibility of ihe Tr￿tte9 who are aP￿inted in accordance with the Memorandum 4nd Arti¢l¢$ of
AssoLialLOn.
Operatlonal s¢rueture *nd derlslon making
The board is ultimately rtsp)Th4ible for the clwity and regulvly to discus$ all mailers rel¢vant lo the
charity. The board m8y dclcgatc any of thcir ￿werS to SU1￿coMmittee5. a sU￿0MMittee must include ai Icast
one charity tDJstee, bul other memb¢rs of a SU￿0￿￿111Ce need not be clwity tnLstees.
R¢14ted Partl
The Royal Caledollian Curlin8 Club (RCCC) is a related party with common contml. Scottish Curling TTUSt
awardcd grdnts of £34,788 (2024.. £57.750) to RCCC. Th¢ w¢rc Jwarded in line with the advancement of
the charity's PUTposes.
Approved by order of the Board of T￿￿lee$ on xx nK)nth 2026 and signed on its ￿ha]r by:
Mr5 M M Nieol - Trustee
261612
A(La KJILC I

Scoitish Curling TrusL
Annual Report and Financial swenients for the year ended 30 Sepiember 2025
Report of the Trustees
TRUSTEES, RESPONSIBILITIES FOR THE FINANCIAL STATEMENTS
The chartty trusle¢s (who are also directOTS of the Chariiy for the putposes of COTnpany1owl aro responsible for
preparing th¢ Tr￿Slee$, report and the financial statements in acc4)rdance with appltcabl¢ law and Uniied
Kingdom Accounting Standards Iuniied Kthgdotn Genernily A¢¢¢pl¢d A¢counling Praclicel.
Company law reqii?res the TTUSttts to prepare fituncial stsiemthts for ea¢h fiTtancial yw M,hich give a true and
fair view of ihe of atTairs of the charitsbl¢ wmpany and of the incoming resources and applicaiion of
resource& including the net incorne and expendiiure, of ihe chaTTthble company for the firtancial year. In
prep&rin8 these firtaneial slat¢menLS the direciors are required io:
Select suitabl¢ a¢￿Un¢1ng policies and ihen apply ihem consist¢ntly-
Obsffvc the methods and principles in th¢ cbariti¢s SORP (FRS 102).
Make judg¢mcnts and &s[ima￿S that are reasonablc and pwdenl.
Stale wheiher applicable accouniing standaTds alld stateTDenls of recommended practice have been
followed. subject to any materiaj departures disclosed and explained in the financial statements:
Prepare the financial stht¢m¢Dts on the going concern basis unless it is inappropriate to pr¢$ume thai the
charitable wmpany will coniinue lo op¢ral¢.
'rh¢ T￿S￿¢S are Tesponsible for keepin8 prop¢r accounting records that disclose wilh reasonable occuracy ai any
time th¢ fuwi¢ial position of the chajitsble company and ihal ¢nabl¢ ihem lo eosure that the financial siatements
comply witb ihe CompaDie5 Aci 21)06. They are also resp)JLsibl¢ for safegu¥rding the asseLs of the chaTilable
company and hence for taking re4sonable slep5 for the preveniion and deieciion of frnud and (xh¢r iTregularities.
The trustees are responsibl¢ for ihc rnaintenance and iniegrity of ihe corpor4ie and financial inforniation included
()n the charity's websiie. l£gislation in the Uniied Kingdom governing ihe preparaiion and dissemination or
rinan¢ial statemcnls may differ from1¢8islation in other juri5diciions.
Method of prep#r*tion of accounts
lthis report hos l*¢n pr¢parcd in accoTdance with the Accouniithg Ryjrting by CharitiC5.' Statcment of
ReLOTnmertded Practi¢¢ applicable to charities preparing their a¢counLS in a¢wrd8n¢¢ with the Finaneial
Reporting Standard applicable io the UK and Republic of Ireland IFRS 1021 and in accordance with the special
provLSLoll5 relaling to small comp￿1¢$ -within Part 15 ofthe Companies Act 2006.
On behalfof the boaTd of Trnmees
Date..
Mrs M M Ni¢ol
Truslee

Seoitith CwlÉJg Trust
Annual Report and Fillancial staieznents for thc year cnded 30 September 2025
Independent Examiner's Report
I r¢port on the acLounts of Ihe Chthij. for Ibe year ended 30 Septewnber 2025 w'hich ar¢ sct oui on pagcs 7 tt) 17.
Respective responsibilities of Trustee5 and IDdependeDt Examlner
The Chariiy's Trustees Iivho are also the direc￿T5 of thc cornpany for tho purpose6 of company lawl are
responsibl¢ for th¢ pr¢paration of thc accounts in accordance with the terms of th¢ Chdriti¢s and 'frusree
InvesthiLnt (Scotland) Act 2005 and the Chariti&s Accounts l%coiland} Rcgulalions 2006 las arnended).
The Chariiy Truslees coft$ider that th¢ audii rcquiremenl of Regulaiion 10(] l (a) 10 (c) of the 2006 Accounts
Regulalions docs nol apply. li is my responsibtliiy 10 examine ihc ¥counls rcquircd under scclion 4411)Ic) or
thc Acl and to srnte wbether particular matteT5 hav¢ ¢om¢ to tny att¢nlion.
B#sl$ of Independent ¢xamlner's slatement
My examination is carried out in accordance M'iih Rcgulaiion I l of ihe 2006 Chariiics Accounis Iseoilandl
RL&Ful¥tions. An ¢xarnination inLludLS a rL'view of thc accountin¥ rKord5 kcpi by th¢ Ch¥riry and a compurison
()f rhL aCLOUnts prrsented with tho% records. li also includes. cDrisÉderntion of any unusual items or (lis¢lo8ui'¢b in
Ihc accounls, and seeks explanaiions from lh¢ Trusiees conccming any such maitcrs. Tr procedures undert4Lken
do not providc all th¢ cvidcncc thar would b¢ ￿qUIr0d in an audiL and conscquently I do not express an audit
opinion on the view giv¢n by the accounis.
Independetht examlner's $latement
In ihe cours¢ of my ¢X8TniiJalion, no maller has come iv my all¢nlion.'
whÈch giv¢5 m¢ riasoDJbl¢ causL' ￿ beliLYe that in any m¥l¢ri¥l F¢5PXt thc requiTcmcnts.'
to kccp accounting T￿OTd$ in accordance wilh Section 44 {1)lal of the 2005 A¢1 and Rcgjulution
4 of thL 2006 ALLoiints RcBulation5.
to prLparL account5 which a¢cord with the accountin8 records and eomply wkth Rcgulatioii11 of
Ilie 2on6 Accounts Re8ulaiions have noL or
io whiLh, in my opinion. atient?on should be drawn in order io enable a proper understanding of the
8c¢ounrs to bL' T¢achL￿.
Da¢¢'.
OoTdoD Mavor
Chartcrcd Managcment Acwwilant
Frniwork Ltd
Edinburyh

Scottish Cuding Tn
Fitrdticilll sthiements lor thc year ended 30 Septemttr 2025
Statement of Financial Activities
Unrestri¢ted
Fund8
Restricted Totsl Funds
Futtds
21125
Total Fuuds
2024
Notes
Income from:
Donations and legacies
Oth¢r trdding activi¢ics
In￿st￿¢nI income
1,429
718
10,216
11,645
718
18.923
2.217
4379
4279
657
Other
TotAI Income
&426
10.216
16.642
21,797
Expendlturt on:
Raising fi￿d$
Charit&ble activilies
546
31787
48,1&1
80.950
87.493
Bank charges
Tot81 expendlture
232
32.787
48,163
80.950
88,271
Net gainsl(losses) on investments
13.137
J3.137
7.066
Net lThcomel(expendltsre) for the yewr
(1.1324)
{37.947
(51,171)
(59.408)
Tr*nsfers between fuDds
Net movement in fund$
(13324)
(37,9471
(51.171)
159,4081
RecDnclllatlon of funds:
Totsl funds at l April 2024
7&762
199392
278.054
337.462
Totsl fund> at 31 March 2025
13,14
65538
161 J45
226,88J
278,054
The 4¢¢ompanying accounting EX)licies and fomi part of these financial slatements.
The stalemeni of financial aetivitie5 Includ￿ all gains and lo&ses recognised in the year. All ineome and
exp¢ndithrc d¢rives from Lontilluing activities.

Seottish Curling Trust
Finalleial statements for the year ended 30 Sqrtember 2025
Balance Sheet
2112$
2024
Note
Flxed assets
Tangible assets
Investments
10
41.1125
41.025
111.053
97,915
152.1178
138,940
Current 855els
Curreni AsseLS
12
1,443
Siock
2532
8OJ82
2.900
150.352
Cash at bank and in hand
84.557
153.252
Credltors: Amourtts f4lliTrg due wl¢hiD
one y¢*r
13
(9.752)
114,1381
Net ¢urrent asseti
74,805
139.114
Net &￿t$
226W3
278.054
FuTrd$
Unrestricted funds:
Unrestricted funds
14
65J38
78,762
65J38
78.762
Reglrieied filnds
14
161 J45
199,292
220J83
278,054
For the fin￿¢181 year ended 30 September 2025 the charitahle compony was entitlwj to exemptitsn from audit
under section 477 Companics Act 2006 at]d no notice h&s been deposited under siYtiLbn 47(Tr.
The dire¢¢ors acknowledge (heir responsibility for ensuring that the ¢1￿[￿bI¢ company keeps accouniing
record5 which comply with seciion 386 of the ACL and for preparing accounts which give a true and fair view of
the stale of atTaiTS of the charitable company at the ¢nd of the financial year and of iis profit or10s5 for the
fiiiancial year in accordance wilh the requiremcnis of sections 394 and 395. and which otherwise coinply with
th¢ r¢quir¢tn¢nts of the Act relaiing tu accounts. so far a5 applicabl¢ to thc ¢hari¥ablc company.
These accounts hav¢ l)een prepared in accordance with thc special provisions for small compani¢s ￿.1¢hin Part
15 of the Companies Act 2￿ M'ith the Financial RcEK)rtiDg Stalld￿d applicable in the UK and Republic of
Ireland IFRS 102}.
Approved and authori5￿1 for issue by the Trustees on 202&d 5ign¢d on their behaifby..
Mrs M M Nicol
TNsiee and Chair
The accompanying accounting wlicies and notes forni part ofthese financial s￿ements
10

Scottish CurliDg Trusi
Fir]an¢ial statements for the year ended 30 Swember 2025
Notes to the Financial Statements
Aeeounling policies
Bs$i$ of preparatio
The financial statements have been prePa￿d under ihe hI￿On¢al cost conveniion and in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (as applied 10 small
eniiti¢s by S¢¢iion IA of the Sthndard). the CompanTr¢s Act 21M)6 and follow thc ￿COmMLnd&tions in thc
Accouuting and Reporting by C.harrities= Statement of Recommend¢d Practi¢¢ applicablc io chariiies preparing
their accounls in accordallce with tbe Financial Reportin¥ Standard applicable in the UK and RepubliL of
Ireland IFRS 1021- Charities SORP IFRS 102).
"rhe financial statements are pr¢par¢d in Srerling. which is the fuL¢lion41 curr¢n¢y of the Charity. Monetary
inounts in these fin8n¢kal stat¢rncnt5 are round¢xl to the t)eartsi £.
The Charity constitutes a publi¢ IKncfit entity as defined by FRS 102.
The Charity is a company limiied by guarantee and has no share capithl. Its county of ineortA)ralion 15 Scoiland
and regisiered otTice adts￿ 1$ C4irni¢ House. Ingliston Showgroun4 NeW￿ld8¢, EH28 8NB.
The Trust¢CS Wnsider that there are no mai¢rial uncertainti¢5 about the ChaTity's abiliry to ¢ontinu¢ ys 8 goin8
concern.
Income
All income is included in the Sthtemeni of Financial Athivities on¢¢ the charily has entitlemcnt ts the funds, it i$
probable that the in¢om¢ will be Teceived and the anwunl can be measured reliably. .
Expendliure
Liabilities are recognised #s expenditure as s￿)ft &8 there is a1¢8al or ¢onsttUelive obli8alion committing ihe
chariiy 10 ihai expenditure. it is probable ihai a iransfer of economi¢ benefils will bc required in seiilcmeni or
the obligation and the amount can be me&sured reliably. Expenditure TS accounied for on an accruals b&sis and
has been classificd undcr headings ihAi aggre88tc #ll ¢94$ rcllltcd to thc cate&Tory. whe￿ costs caiingt b¢
directly attributed to parti¢ular hradings they he￿ been allocat￿ to activiiies on a basis consisteni with th¢ us¢
of T¥'sources.
Grants offered subject to condi¢ion$ which have noi been met ￿ the ¢nd date are noted as a commitment but
not accrued as expenditure.
Ihngible fjxcd 459ets
Tangibl¢ fixed assets ￿e slated at cost le55 ￿umUlat￿j depreciatiotL
Depreciation ts not provided for as Ihe estimatrd r¢sidual value ofe2ch assel over their expected us¢ful life is
unlik¢ly to differ from the original cosi.

sC￿lIsh Curlitig Trust
Fituncial stsiements for the year ended 30 Sep*mber 2025
Notes to the Financial Statements
Accounting polieies (eontinued)
InvestD)ents
All Investments are Carried at their fair wdlue. Investments in equities and fixed interest securities are all traded
in quotcd publi¢ markers, primarily the London Sknck Exchange. Holdings in common inves(mettt funds. unit
trusts and open-ended inveslment companies are ai the bid price. The basis offair value for quoied invesiments
is equivalent Lo the market valu¢, using the bid price. Asset sales and purchases are reco￿ls¢d ar the date of
tradc at ¢0st (that is th¢ir ttan5actiOD value).
Taxatlon
As a registered Charity, the company is exempt fft)m eorpor4tion tax to th¢ ¢xlWlt that ils in¢om¢ and gains arc
applicable to chariiable purposes only.
Fund accounting
Unrestri¢t¢d funds Can be used in accordance with the clwitable objcctive5 at the diffttion of the Trustees.
Restricted funds can only be used for panicular resir1c￿l pury)oses wiihin ihe obje¢iives of the charity.
Resiriciions aris¢ when sp¢cificd by the donor or when funds are raised for particular resrricted purposes.
Furth¢r ¢xplanation of th¢ and puryM)5e of each fund is included in the notes lo the financial statL'ments.
Legal stalus of the cb#rlty
The company is limited by 8uAraTh￿ and no share Capi￿1. The liability of each member in ihe evenl of
winding up is £1. At the end ofthe finan¢i¥l year theT¢ were 8 members.
2. Inve$lmenl In¢ome
The inv¢sIm￿l income received represents bAnk iniereth on de￿81￿.
3 ltruJt¢eJ RemunergtSoD ¥Trd Benellts
Trustees wcre refftmbursed cxpew of £1.617 {2024: £1,848) forthe ycarendcd 30 SeptcmbEr 2025.
4 Crltleal Jud8emehts and utim4te5
In pr¢paring thc firwjcial statcmcnls. trustees n￿ke estimaies and assumpttons which affect report¢d r¢5uIts.
financial position and disc105ure of contingenci¢s. Us¢ of availablc infomiaiion and application of judgement
are inherenr in the forn￿110￿ of the c5tirnates, togethcr with past LXPLYien¢e and expeLrations of furure evcnts
that are believed to be reasorthlc under the ¢ircumst8nces. In the ￿SleeS, judgement there are no critlC81
judgements and estimates which rtquire to be disclosed fora pmper understsnding of these accounts.
12

s¢￿tish Curlittg Trus¢
Financial stsiements for the year ended 30 Septembff 2025
Notes to the Financial Statements
5. Donations and legacies
Unrestricted
Funds
Restricted
F￿ndS
2025
2024
Other donations and legaci¢s
IA29
1ffj216
11,645
18,923
1.429
o. Other trading actlvltles
Unrestricted
Gener41
Funds
Restrlcted
F￿￿￿8
2025
2024
Footscrapers
Sale of curling stones
718
718
2,217
718
718
Th¢ prolit o1.£2,217 represents th¢ profi¢ on the sale ofcurlin8 sione
7. Expendlture on Charltable Actlvltles
Unrtsirletod
General
Funds
Restrlcted
FuDds
2025
2024
Grants awarded
Web51te T¢-development
Rent
Strategy and NetworkinB
Internei
Office Stationery
Elcctricity charges
Brdnding & MarkctiDg
Mccting costs
Exhibition
Contra¢tors fee5
Travellin8
Sundry
Computer & Sofiwwe
Expenditure of Legacy Fund
Govcrnancc
Independent examiAYdtion fe¢6
13JOD
12,672
28058
42J58
12,672
9,656
,039
57.750
9,656
9,104
7,053
3(K)
1.039
41
308
41
308
606
iJ99
1.723
1.72.1
98
714
5,605
1,616
30
2,IM9
5,605
1.616
134
2,769
2.420
1,920
720
4,897
1,130
1,130
2,631
Exp¢nditure on ¢Tr￿Atable activities VJ'&S £80.950 (2024:£87,493) of which £32,787 12024: £4,949) w45
13

Scouish Curling Trnst
Financial Sta￿ments for the yeAr ended 30 September 2025
Notes to the Financial Statements
unrestrictd and £48.163 (2024.. £82,544) was restricte
8. Grants awarded
Unrejtrieted
General
Funds
Restrlcted
FuvAds
2025
2024
Disability Programme costs
WWhC2025 Champs
Umpir¢ pr(>j¢ct
Anne Malcolm Le88cy Fund
Willi¢ Jamieson Memorial Fund
Leslie Ingram-BrowTr Legacy Fund
Acad¢my Manager Support
Floor Curling
Futur¢ Lcad¢r5 Pm¥ramme
U14 Pathway
Curling A¢ademy
Acadcmy Mana8¢r
Digital MaTketing Equipment
ioooo
10,000
2.154
4,114
3,770
8,820
1000
23.(K)O
i(J.owJ
2,154
4.114
3.770
20
17,500
2,000
8,000
3.750
2,000
858
42
58
9. Net Incomel(Expenditure)
Net lexpenditurel l income for the period is sthted Aft¢r¢hargiDg:
2025
2024
Independent cxaminer's remuneration:
Indeperldent examillalion fee
Operating leases
2.631
9,104
14

Scotlish Curllng Trusi
FitMDcial slatements for ihe year ended 30 SeNember 2025
Notes to the Financial Statements
10. Tangible assets
W K Jackson
Coll¢ction
M¢mordbilia
Total
Cost
At l October 2024 and 30 Sep*rnber 2025
NL% book value
At 30 September 2025
At 30 S¢piember 2024
11. Flxed Asset Investments
2(125
2024
At I Ikiob¢r 2024
Acquisitions in the year
Disposals in th¢ y¢ar
Nel 8ains1108sesl on revaluaiion8
96.140
90.102
23.730
(23,6641
Market value at 30 September 2025
109.277
96,140
Cash held on dewsit
Market valu¢ 4t 30 September 2025
IAI,O53
97.915
All securities and equi¢ie5 are lisied tnveslments. The charity holds eleven inve%thieni$ whi¢h exeeed 5Q/o of th¢
portfolio's rnarket value12024'. nine). The cost figure for investments includes £Nil relating to inve51monts h¢ld
outside the UK (2024.. £Nil). The nwkel value figure includes £Nil relating to Inv¢sim¢nts held outside ihe UK
(2024.. £Nil).
12. Current Assets
2025
2024
Accrued income (Gift Aid)
1,443
43
15

Scottish Cwling Trust
Financial stslements for the year ended 30 Sep*mber 2025
Notes to the Financial Statements
13. Creditors: amounts falling due within one year
2025
2024
Trad¢ Creditors
Accrnals and deferred iDcom¢
Other Creditors
3,752
11,048
2.520
570
14. Movement in funds
Fund% al
Transfer8
30
beiweert S¢piwnbcr
nds
2025
Fund5 at
l Oclober
2024
Gains on
Income EX￿ditUre investmenis
2024-2025
RestrlLted funds
ScoltlBh N￿lo￿al Museum
Picture Resioraiion
The Anne Malcolm Legacy Fund
LIB Junior Fund
Willi¥ Jami¢¥vn Curlers Fund
Scottish Curling Academy
DcvclopmLnt fund
Total re%trieted fund$
67.955
9,110
6,080
44.389
9.738
4.850 (19.3051
53,500
9,110
1,966
39.602
7.321
14.114)
(8,8201
(3.770)
4,033
1.333
199.?92
10.216 (48.163)
161.345
Unrestricted funds
G¢n¢ral un￿$(rI¢l¢d
78.762
6.426 (32.7871
13.137
65.538
711,762
6.426
(32.787)
13,137
65,538
Total funds
226 883
14
Movement in funds (eontinued)
Funds ai
l o￿ober
2024
Transfers
Funds at
beiween 31 March
funds
2024
Gains on
Incom¢ Expendittwe investtnents
2023-2024
Re5trlcted fuTrds
SLOttish National Museum
PiLtur¢ Restoration
Thc Anne Malcolm Legacy Fund
LIB Junior FEJnd
Willie Jamieson Curlers Fut
Scottish Curling A¢adwny
Development Fund
87,852
9.110
7,3
66.730
8.680
(19.897)
67,955
9.110
6,080
44.389
9.758
75
5.159
4,59)
3.750
{1.385)
(27.5￿}
{3.512)
(3.750)
(26.5(M))
88,500
62.000
16

Scottish Curlillg Trust
Filw￿la1 statements for the year ellded 30 Septcmb¢r 2025
Notes to the Financial Statements
Total restricted fund5
179.762
13,574 (82,544)
88,500
199292
Unrestricted funds
General Unreytri¢ted
157.7(K)
8223
(5.727)
7,066 188.5(N))
78,762
157.7(K)
(5.72n
7,066 (88,5(M))
78.762
Thtal futtds
88
71
278 054
Purpose of Restrlcled Funds
Scottish National Museum fijnds have been provided for the development of a museum specifically
for the sport of curling.
Thc Pi¢¢ure Reslornlion Fund has bccn sei up for the purpose of Teslorin8 and preserving works of art.
primarily the grand Maich at Linlith¥ow Lol'h by Charles Lees.
The Anne Malcolm Lcgacy Fund was lonncd as a way ofrdising funds to disburse grants lo aid Ihe
developmLnt opportunities for wurncn and gii]s in curling.
LIB Junior Fund was established lo supwrt Junior Curling.
The Willie Jamieson Junior Curling Fund was forni¢d ￿ support junior curlers.
The Scortish Curling Academy Fund was established to help run the Scottish Curling Academy.
Th¢ Development Fund w&8 established io supw>rt the developmcni of Curling. The transfer
represents the nel balanee of fund5 received and paid out prior to the l October 2023.
15. Analysls of net assets between funds
202&25
Unrestricted
Restricted
Total
FixEd a&sets
Current assets
Currenl liabilities
Nct a55Cts at 30 September 2025
111.052
(41.762)
3.752
41.025
126,320
152,077
84,558
161345
226 883
2D23-24
Unresiricted
Restricted
Tot81
Fixed assets
C.urrcnt asscts
CurrenÈ liabilili¢5
Net asseis al 30 Seplember 2024
97,915
(13.723)
5.430
41.025
166,975
138,940
15.1,252
14.138
?78 054
19929?
17

Scottish Curling Trust
Finatteial ststements lor the year ended 30 Sep*mber 2025
Notes to the FinancRal Statements
16. Operating Lease Commitments
The charity has outstanding commitments for future lease payments under non-cancellable operating
leases at the Teporting date as follows:
2025
2024
Within one year
8.892
8.036
17. Related P4rty Disclosures
The Trust awarded grants of £34,788 (2024.. £57.750) to the RoyA] cal￿nIan Curling Club, a Telated party
with Lommon COnTrol. The grants were awarded in line with th¢ advanccmcnt of the charitys purposes.
18