REGISTERED COMPANY NUMBER- SC389404 {Scotlandl RF.CISI'ERED CHARII'Y NUMBF.R- 038822 Report of tbe Tru$te¢s and FinaN¢ial St4tEmellts for the Year Ended JI Jarkuary 2026 for InDerleitheD ComfftuRIty Trust Gall Robertson CA Tweedside Park Tweedbank Galashicls Selkijkshire TDI 3TE
Innerleithen Community Trust Contsnts of the FinAReial Ststtments ror the Y¢Ar Ended 31 JAnuary 2026 Page Report of the Trust¢ts Independent Examin¢r'$ Report Stattmtrtt of Finantl81 Activltles BAIAnc¢ Sheet Notts fo the Fill#ntial Stattments 8 to 13
Intterleithen Community Trnst Report of the Tru$tte for the Y¢ar End¢d 31 Januxry 2026 The iM5tees who aTe also dire¢icirs of the charity for the purpose5 of the Companies Act 2006, present thcir rcport with the financial Sldternenis of the charity for the year ended 31 January 2026. The tru51ees havc adopied the provisions of A¢counting and Reporting by Lharities.. Statemcllt of ilecotllmended Praclitt applicable to Chatiiies preparing Iheir a¢¢oullis in accordancc wilh ihc Financial Reponing Siandard applitable in the IJK and Republt¢ of Ireland IFRS 102} leffrclivc l January 2019). OBJECTIVES AND ACTIVITIFS ObJtctlve5 and Mim5 The object of the charity IS the advancement of citizenship and community developmeni, including njral generation, and the plMOtIon of civi¢ responsibility, volunteering and Ihe volunlary sector, all within Innerltlthen, Traquair and the Glen area compTi8ing of the all posicode units in EH44. by providing 8rdntS to individudis or orwdnisalions enabling then to corry out activities. ACHIEVEMENTS AND PERFORMAIYCE Charitable activitles This Teport covers thc pthyod fron) Febrnary 2025 to January 2026. We rcport on 8noth¢r busy. ditTicult ar productive year for ICT. Aftcr stomi damage in Wood, it was agreed te cost profelOnal expertise to tnakc tr¢¢ damagc safe. The mu¢h-used P21hways irt Ihe wood were made safe by volunteers dnd a 10¢81 tree surgeon carried out Èhe major works to reinove as many of the obviou5 unsafe risks 8s possibl¥. The Mill Lade Paih Pll)jecl saw a series of workshops on hcritage, ecology and in(fu5trial archaeology carried out io glean inforniaiion about the Lade and interpr¢iation boards along the Lade were produced. Two days with the Ar¢haeologists weir useful and a walk with the S¢1411$1 Ecologist and Artist took plac& The workshops involved primary schiN)I children. older lover 60s) tnembers of Ihe cornmunity who have mcmories of the Lade, the youth Glub and a public meciing was held. The interetiVe panels werc installed by volunieeis and the paih Ole1allY opcned in Novcmber. Funding frotn Desiinatiotl Tweed is aGknoivledged as i5 the volunteer inpuL from Rachel Hunter. Materials from the Mills of Twecddalc Project formed an exhibition at the We115 in July for a ¢wo-week openinu4 Also, display at Iht silver bartd con¢¢¢ where the musical theme was local industry saw great InreSt in the exhibition. At both cvent5 voluntCCTS Tnanned the exhibitions. Voluntcers iumed out artd good progress on the TVRP w8s made over the summer. New volunteer8 have come fonyard and Ihey are in a younger age group. On the WalktTbum section Ihe counter measured an averdge of 483 cyclist per week using the pathway 8$ ivell gs many wBlkers of all ages. We are pleased to ¢ontinLtt maintenance on these community assets. Flower baskets were watered by volunteers again and some new younger recruiis have come forward to replace those who have dropped outl Thanks are duc to all our volunteer5 and we are pleased io provide opportunities that benefil the Community. CaErlte Mill ha8 now ken demolished for develOpMent. This Trnst expressed interest in taking over thc buildirtg beside the old back gates uf the mill. Discussions around the PTOS alld cons of progressing this are ongoing. We requested a visit 10 look at the building beforc a decision will be made on taking the building ovcr and creating a textil¢ heritage hub. The H¢r&t4ge Group is still activ¢ and will meet wilh ihe (kveloperto havc input on h¢rtiagc a$S of the mill 5jt¢. Our Trishaw has had enoiher busy year providing a facility for thosc le&8 able to get out ano enjoy the countyside. Rcsidents for the Si Rvnan's care home and Imercer Court.%helteTed housing Complex hdx regular weekly ouiings. Also, the RVS group who meet in the church and providc wlivity &nd lunche5 Used the seTviee over the Summer months. Requests for outings contiDue from memb¢r5 of the cornmunity of all age5, including a bride on the way to her wedding. In total 126 outings with 47 individuals benefited at community events and on s¢enTrc route5. It was ple&8ing to Snd over £15,OOCI on project5 to benefit the community in the last yeai. we thank Jean Wilson for her role a5 Tasurer and all I'Iu51ees gnd vtslunteers and thank you all for your support and backup ovcr th¢ 18st ycar. Page I
Innerleithert Community Trust Rtport of the Trustees for the YeAr Ended 31 January 2026 FINANCIAL REVIEW Flnanelal posltlo Alihough there has been an in¢rease in totsl grants received, rhe h&8 been a decrease in donations received as last ye8r was highcr than usual. Overall the charity has nerated a deficit of £3,668 in the year {2025- deficit of £3.7061. The in)st continued lo act a5 banker for IhT¢e local volunteer ¢ommunity wups. recording ih¢ir incotne and exp¢rtdittJre, receiving donations and making funds available as required. IndepEndently, the groups manage th¢ ¢ultivate the Flowerbeds, thc Wells GTOUP maintains the ganlell5 al Si. Ronan's Wells Ihe Mill Lade. We will continue with the Wc115 Gwup 8nd held £825.21 for thetn at ihe year end. Reserve5 polley The charily aill)s 10 hold funds io ¢over at least three months. Worth of eosts. Total unrestricted re5etves available at year end was £1 1:45212025- £12,958). FUTURE PLANS l.'uture plans for the Memorimi Hall and St Ronan's We115 were called into question after SBC initiated a review of all PTopcnies with a view lo clostng or Iransferring asscts to Sa moncy. A publÈ¢ meeting for all Ènteresied Pdrties in the commullity was well attended. The future of the Ilall and thc Wells building5 W¢Fe discUed. Tm'o groups were sel up after the meetingy onc lo look at the future of the Wells and one to look a¢ taknng uver ihe management ofthe I lall. Both re Still work5 in progrc&8 and things are moving forward srRucfuRE, GOVERNANCE AND MANAGEMENT GoverniDg dotument The charity is Lontrolled by i( governing document, a deed of trust, and COTtsiiiuies a lirniied company, lirDited by guatantee, as defined by thc Con)panie% Act 2006. Risk man8gemeDt Thc trustees have a (luly to identify and leW th¢ risk% to which the Charity is cxposed and to ensu appropriate controls are in place lo provide rea50nablc a%surance against fraud and error. Con5id¢ratson is given 10 this area at Trust¢ts' tneelings which take place four tts five timcs a yVdT. RkFERENCF, AND ADMINISTRATIVE DETAILS R¢gisttred CompaDy Thumber SC389404 (Scotlandl Registered Chgrity number 038822 Rcgi$ttred office L¢ithen Fool Prin¢es Street Inn¢rleithe F.H44 6JU Trustets R M¢Qinn G Brown D J C Gordon F. McKie J H Li5tcr Mrs J Wilson G Mell(le Page 2
Ennerleithcn Community Trust Report of the Trusttes for the Year Ended 31 January 2026 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Pamela Raillie CA (iull Kobcrtson CA Tweedside Park Tweedbank Galashiels Selkirkshire ITJI 3TE Approved by order ofihe btrdrd of trustee5 On .. . and S1cd on its lhaIr by: Mrs J Wi150n- Trustee Page 3
Indep¢Dd¢rtt ExAminer'$ Report tu the Trustee5 of Inn¢rlelthen Commuttity Trust I report an the a¢¢ounis for the yeAT ended 31 Janwary 2026 sel out ort pagcs five to thirteen. Re5PCCtiY¢ responsibilitles of trustees tminer The charity's Irustee5 aTe respon%iblc for the preparation of the accounts in accoithllce wilh the tenn.% of the Charities and Trustee Investment (Scotlandl Act 2005 and Ihc Charities Accounts {SLoiland} Regulsiiolls 20061&% amcndcdl. The charity's tru5te¢s considci. thai the audit requirement of Regulaiion Iolllla) to Icl of thc A¢¢ounL% Rcgulations docs not apply. It 15 rny rwonsibility to examine the a¢courtis as r¢quiTed undei. Scction 44(1)Ic} of the Aei and to btare whether particular matters have come to my attEnlion. Basis of the Andependtht txftminer'5 report My examination was caffied our in ac¢ordgnce with Regulaiion I l of the Charities A¢counls (Scotland) Rcgulations 21K16. An examination includes a review of Ihe Jccounling reeon4s kept by thc charity and a compari50n of ihe accounts pr&sentcd ivith Ihose recoTds. It also include5 cunsideration of any unusual items or dis¢losures in the aCcOnts, and seeking explanations from you as trustees concernirtg any such matters. The procedures undertaken do nol provide all the evidence that %vould be required in an audit. and ¢onsequently I do not express an audit opinion on the view given by the account5. IndepeTkdent txAminer 5 5t#temeDt In collneetÉon with my eXarniJa¢i0 no tnattEr has come to my attcntion-. 11) which gives me rsOnable ¢ause io belicve Ihai, in ally material respect, the requirements to keep a¢¢ounling record5 in accordatjce with Section 44IINal of the 2005 Act and Regulation 4 of ihe 26 Accounts R¢gulotions: and prepare aOUnts ivhich accord with the Ac¢ouniing recorts and to c(xnply with Regulation 8 of the 2006 A¢¢ounls Regulatiorts have not been met. or 12) io which, in my opinion, attention should be drawn in ord¢r to enable A proper undets18Jding of the a¢¢ounls to be reached. Pamela Baillie CA The Institute of Chartered Awourtlants of Scotland Gall Robertson CA 'Fwc¢dside Park Twcedbank Galathiels Selkirksh TDI 3TE Date:... Page 4
Innerleithen Community Trust Statement of b"inathei&l Activities for th¢ Year Ended 31 J8nu8ry 2026 31.1.26 Total funds 31.1.25 Total funds Unreslricted nds Re5tTlCttd fund5 Notc5 INCOME AND KNDOWMEP4TS FROM Donations and legacies 2,692 2,692 3 JOO Chgritable aetlvltles General 1,000 1,000 7,220 Other trading activili&s 104 37 3,796 3.796 10,557 EXPENDITURE ON Raising funds (6) {6) Ch8ritable aetlvltles GencJ?I 7.470 7,470 14,259 Total 7.464 7,464 14,263 NET INCOMEIIEXPENDITURE) {3,6681 13.668) (3.706) RECONCII,IATION OF FUNDS Total funds brought forward 30.327 30,327 34,033 TOTAL FUNDS CARRIED FORWARD 26,659 26.659 30,327 The notes forni part of these finan¢ial %tatemen¢s Page 5
Innerleitben Cominunlty Trust Balance Sh¢Et 31 JanuL4ry 2026 31.1.26 'rotsl funds 31.1.25 Total funds Utvesiricted nds R¢%lTiCted funds Notes FIXED ASSETS Tangible a55cts 15,207 15,207 17,369 CURRENT ASSETS Stock5 Cash at bank 825 825 12,342 819 13,595 1.167 12,000 1,167 13,167 14,414 CREDITORS Amounts falling due within one y¢aT {548} {1,456) NET CURREIYT ASSETS 11.452 11,452 12.958 TOTAL ASSETS LESS CURRFNT LBILITIEs 26,659 26,659 30,327 NET ASSETS 26,659 26,659 30,327 FUNDS Unre51Ticl¢d fvnd$ 26,659 30,327 TOTAL FUNDS 26,659 30,327 The Ghbritable company 15 entitled to exemption from audii under Scctloll 477 of ihe Companie5 A¢t 2006 for the year ended 31 January 2026. The tll¢mitrs have not requi[ Ihe company to obiaiD an 2udit ot. sts financial ststements for the year ended 31 January 2026 in accordance with SlI0n 476 of the Companics A¢1 26. The trustees acknoivledg¢ ihcir responsibilities (or {u) ensuring that the Charitable company k¢eps a¢¢ountlllg recor(Is ihai comply with Sections 386 and of the Companies Act 20L16 and preparing financial 51aiemenis which give a true and fatr view of the state of ofYair8 of thc chaTitAble company as at the end of each financiol year and of its or deficit for cach financial year accorddn¢e with the requiTemcnls of 8ectioTh% 394 and 395 and which oihenvise comply ivith the requitEmenls of Ihe Comparties Act 2006 relating to financial statemenis, so faras applicabl¢ io Ihe chariiable company. {b) The no1¢5 form part of these financial %tatemcn¢s Page 6 continued...
Innerleithen Community Trust BalY4nee Shett- coDtinued 31 January 2026 These financial statemenis have I¢ prepd in accordance with the piDvi%ions 8pplicable 10 ¢haritable companies bubje¢r to the small compdrties regime. The financial statemcllts were approved by the Boar(l of Tnle¢S artd authOrid foi issue and were signed on it5 behalf by.. on J Wilson- Tnte¢ R McGinn- TrustEe The notes fomi pan ofihese finatt¢ial statements Page 7
IDnerleitheN Communlty Trust Not¢$ to tILe Financial StattThents for tlie Year Ended 31 January 2026 ACCOUNTINC POLICIES Ba515 of prtparing the finanrlal ststements The financial siaiement5 of th¢ chariiable company, which is a public benefit cntity under FRS 102. havc been prepaiyd in accordance with the Chariti¢% SORP IFR8 102) 'Accountirtg and Reporting by Chsriiies.. Statemcnt of Recommended l)raciicc applicable to ChatleS preparing their actounts in accordance with Ihe Financial Reporting Stand£tTd applicable in thc UK and Republic of Iteland IFRS 102} (effective l January 20191,, l inancial Rcporting Standard 102 'The Financial Reporring Siandatd applicable in the UK and Republic of Ireland, and the Cornpunies A¢1 2006. The financial statements have been pr¢partd undcr the hi5tori¢al Cost conventiott. Going Conccrn Thc directors have assessed a pcriod of 12 months from the date of approval of the financial slJtemenls and Consider that no material unertainties exist thai cast signiticanl doubt about Ihe ability of the company to continue as a going conttm. Thus the director5 adopt the going concern ba555 of accounting in prq)aring the financial sraiemenls. Income All income 15 recognised in thc Stattmenl of Financial Activities ontt the charity ha5 enlitl¢ment LO the fiJnd5, It is probablc (hal the income will be received and the amount can be mea5uird reliably. Expertditure Liabilities are recognised as cxpenditure as won &8 there is a le1 or constructive Libligation committing the charity to Ihal expenditu it is probable thai a tran5f¢T of e¢onomic benefits will k requiiEd in settlement and the amount ofthe obligaiion can bt measured reliably. Exptndiiure is accounted for on an accruals basis and ha5 been c151r1ed under heading5 that aggregaie all cost Irlated to the catcgory. Whcrc w5ts cannot be dircctly attributed lo paiticular headings they have b¢en allocated to activities on a basis consistent with the use of resources. Tawgible flxtd asset5 D¢preciaiion 15 provided Itt the following annual rates in order to write off the cost less estimated Te5idual value of ea¢h assets ovei. 115 estirnattd useful life. Land is held )1 cosi with no deprcciation provtded. Plant and ma¢hin¢ry 20Q/o on cost. Compuierequipmeni - 25% on c05t. Stotks Stocks arc valued at the lower of ¢o$t and net rcali5able value, after making due a]lowance for obsolcte ortd slow moving items. TgxAtion The charily is exempt from corporaiion t&x on its charitÈble activitie5. Fund accoknntlng UnTe5tricted funds can be uscd in ac¢ordan¢e wilh the charitable objeeiives at Ihe discretion of the trustee5. Restricted fvnds cth only be used for particulaT rtJtricied purposes within the objccls of the charity. Restrictio arise when specificd by th¢ donor or when funds are rnised for particular r&%th¢ted purposes. Further explanation of the nature and PUTP(kqe of cach fund is in¢luded in the tJote5 10 the financia] statemEnt5. Provisions Provision5 aTt COgnISed when ihe enlily has an obligation at the reporting date a rcsult of a pasi event,. it IS probable that the entity will be required to transfer tconnmic benefits in selllemenl and the UTnouni of the obligaiion can be estimated reliably. Provisions aT¢ recognised &$ a liability in ihe staiement of finHnLial p)Silion nd th¢ amount of thc provi5jOll as an ¢xpen5C. Page 8 ¢ontinued...
Innerleilheb Commuiiity Trust Notes to the Financial Statements- for the YtAr Ended 31 J8nu8ry 2026 ACCOUNTIIYG POLICIES- tontinued Provisions Provi5ion5 aTe irtiiially measured zt Ihc best cstimate of the amount required to settle Ihe obligation ai Ihe reporting dale and subsequently reviewed et ¢8ch porting dale and adjusied to reflect the ¢urrenl be51 e51iTnaie of Ihc amount that w(>uld bc required ro settlc the obligation. Ally adju$imenls to the alnounts previously Te¢ogni%ed are recognised in profit or lobs unless ihe provision was originally retognised a5 part of the CO of an asset. When a plvIsiOn is measured al th¢ present value of the amount expccted io be Tcquired 10 settle the obligation, the unwinding Of the discount 15 recognised in tinance c<>sts in profit or10&8 in ihe per0d it aTises. OTHER'fRADING Aly[T]s 31.1.26 31.1.25 Book sales 104 37 NET INCOMEIIEXPENDITURE) Nei incomellexpenditurel is stated after ¢haJEingllcreditingl'. 31.1.26 31.1.25 Depr¢ciatioo- owned as8ets 2,162 2,177 TRUSTEES, REMUNERATION AND BENF.Fl'rs There were no tru5tees' remuneration or other benefit5 for the year ended 31 Jartuary 2026 nor foT the year endcd 31 Jartuary 2025. Tru51ee$ expenses There Te no tSt5, expeN8e8 paid for the ye9r ended 31 January 226 noT for the year endcd 31 January 2025. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfIviTIF,S Unrcstricled funds Restricted funds Total fijnds INCOME AND ENDOWMENTS FROM Donations and l¢ga¢ies 3,31K> 3,3 CbY4rit#blt #etivllie5 General 7,220 7220 OthcT trading a¢tivities 37 37 Total 10.557 10,557 EXPENDITURE ON Rai8ing fund5 Charit#ble &etlvltie5 General 14,223 36 14,259 Totsl 14,227 36 14,263 Pggc 9 continued..
InDerleithen CoThnkunity Trust Notes to the StatemeNts- ¢ontinued for the Year fi ndtd 31 JAnuary 2026 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- tontinutd U£Stricted Restricted funds fund5 Total funds NET INCOMEI{F.XPENDITURE) {3,6701 6J15 (36) 16,3151 13,706) Transfers bthveen funds Net movement Ill fitnds 2,645 (6,3511 (3,706) RECONCILIATION OF FUNDS Total funds brou8ht foiward 27,682 6,351 34,033 TOTAL FUIYDS CARIUED FORWARD 30,327 30,327 TANCIBLE FIXED ASSF.I'S F]tehol(I property Plant and machinery Computer t91pment I'otals COST Al l February 2025 and 31 JonU21y 2026 12,630 16,803 572 30,005 DEPRECIATION At I I.'ebruary 2025 Charge for year 12,064 2,162 5T2 12,636 2,162 At 31 January 2026 14,226 572 14,798 NET BOOK VALUE At 31 January 2026 12,630 2,577 15,207 At 31 January 2025 12,630 17.369 STOCKS 31.1.26 31.1.25 Stocks 825 819 Page 10 conlinud...
Inntrlelthen Communyty Trt Notes to the Financial Stk)ttments- Contirtutd for the Year Ended 31 J&nu8ry 2026 CREDITORS: AMOUNTS FALLING DUE IVITHIN ONE YEAR 31.1.26 31.1.25 Other creditors AcGrued expense5 .320 395 1,230 226 1.715 1,456 MOVEMENT IN FUNDS Nel movernent in fund At 31.1.26 At 1.2.25 Uortstritted fund5 General fund 30,327 13,668) 26,659 TOTAL FUNDS 30.327 13,668) 20,659 Net movement in funds, in¢luded in thc above are as follows-. Incoming TC50ur¢es Re50ur¢es expcnded Movement in funds U]Jre5trictsd fvnds Gcneral fijnd 3,796 17,464) (3,6681 TOTAL FUNDS 3.796 (7,4641 (3,6681 Comparative5 for movetllent ID funds Net movemetlt in funds Transfers beiiveen fvnds At 1.2.24 31.1.25 Unre5trictcd funds General fun(1 27,682 {3.670) 6,315 30J27 Rcstritted funds Pathway maintenance 6,351 136) (6,3151 TOTAL FUNDS 34.033 13,7061 30,327 Page 11 ¢oniinued...
Innerleitben Community Trust Notts tts the Financial St*temtnts- continued forthe Year Ended 31 2026 MOVF.MENT IN FUNDS- tolltlnued Comparaiive nei movemenl TD funds, included in the above are as follows- Inwming sources Re50UK¢S expended Movement in fund5 Unrtstt4¢ttd funds Gene]al fund 10,557 {14,2271 {3.670) Restricted funds Pathway maintenance {36) {36) TOTAL FUNDS 10,557 (14,2631 (3,7061 A current year 12 months and prior year 12 months cornbined wsiiion i5 a5 follows: Net movemcnt in funds Transfer5 b¢tween Al 31.1.26 At 1.2.24 Unrestricted funds Gencral fun 27,682 (7,3381 6.315 26,659 Rt5trltted funds Pathway maintenance 6,351 136) 16,315} TOTAL FUNDS 34,033 17.3741 26.659 A current ycar 12 moniiL8 and prior year 12 months conibined net mi>vemenl iD funds, included in the above are &s follows.. Incoming resources Resources expended Movettlent in fvDds Unrestrict¢d funds General fund 14.353 {21.691) 17,3381 Reslricted fllnds Pathway Fnaittlenance (361 136) TOTAL FUNDS 14,353 121,7271 {7J74) l>ag¢ 12 continued...
lrtntrleithtn CommukTrSty Trust Notes to the Fin#nelal StAtetnents- eontlnued for the Year Ellded 31 Jaiiuary 2026 io. RELATED PARTY DISCLOSURKS There were no related party transactions forihe year ended 31 January 2026. INDEPENDENT EXAMINER The amoulll payable to Gall Robertson for the independcni examination of the accounis is £765 12025 - £6401 ortd for company secretarial dutiC5 is £I1012025- £235). 12. COING CONCERN The trustees know of no material urtcertaintie5 relating to the charity'5 ability to continue as a going con¢em. 13. PUBLIC BENEFIT ENTITY Thc chaTity is a public benefii eniity. 14. VOLUNTEERS The charity does Tely on voluntcer5 10 ¢arry out the 5ervi¢es os arranged by ihe irustees such as maintenance of paths and upkc£p of flower baskets. Page 13