REGISTERED COMPAiYY NUMBER: SC327623 IScotlAndl
REGISTERED CHARITY NUMBER: SC038915
Re
ort of tbe Trustees gnd
FinfinciAI Statements for the Year Ended 31$¢ Jul 2025
for
Criehton CaTboll Centre
Farries Kirk & Mcvean
Dumfrie5 Enterprise Park
Heaihhall
Dumfries
DUMFRTESSHIRE
DGI 3SJ

Crichton Carbon Centre
Content$ of the Finan¢lAI Statem
or th¢ Year End¢d 318t Jul 2
Page
Report Of the Tru51ees
I to 4
Independent Examlner's Report
StAtement of Financial Activitie5
Balance Sheet
Not¢$ to the Fin¥tnciAI StA¢ements
9 to 18
Detailed StAtement of Financial Activities
19 to 20

Crichton C#rbon Centre
ort of the Triistee5
for the YeAr Ended 31st Jul 2025
The tru5ters who are also directors of the charity for the puTpos¢s of the Companies Act 2006. pres¢nt their report with the
firtancial statements of the charity for the year ended 315t July 2025. The trusiees hav¢ adopted th¢ Provisions of Ac¢ountin8
and Reportin8 by Charities.. Statement of Recommended PrACti¢e appli¢abl¢ to charities PTeparing their account5 in
accordance with lh¢ Financial Reporting StAndard applicabl¢ in the UK and Republi¢ of Ireland (FRS 1021 (effe¢¢ive I
January 20191.
OBJECTIVES AYD AcfiviTIES
Policies And Obje¢tive$
Crichron Carbon Centre- CCC- was founded in 2007 an independeni institution and non-profiting disiributin8 company.
Our mission
Inspiring action
Keeping carbon where it belongs
Repairing nature
We currently focus on 4 work$tr¢gm5 '.
Proje¢ts '. ecological function for ¢limai¢ resilience
Catalysing change '. leading and developing partn¢rships and initiatives to arxelerate innovation
Education and training '. building ¢apacity for ecologi¢al r¢storation and working wilh young people to take climat¢ action
Knowledge exchange and public engagement .' 5harin8 our knowledge and experience to 5UPPOrt oth¢rs.
Based in Durs]fries and Galloway, we are an ind¢pendenl and agile hub for project work, policy transfeT and applied
research.
ACHIEVEMENTS AND PERFORMANCE
Review of Activitie5
We continue 10 engage with the Scottish Governmeni and with other environmentsl Centres of excellence to pursue our
projects through scientific endeavour cducatiot)al and artistic engagement.
The active projects during this p¢riod were
BiospheTe Explorers
Peatland ACTION
Flux Tower
Peatland Conne¢iions
Our Coasi & Climate Change
Natural Capital Realised
Sheep's Wool Lab Trial
Kirk¢udbright Partner Cl&ss
Peatland Mini module
MDS Estates
Ulster Wildlif¢ Tntst Training
DG OWL
Page I

Crichton C9rbon Centre
ort of the Trustee5
for the YeRr Ended 315t Jul 2025
ACHIEVEMENTS AD*D PERFORMANCE
Investment Policy and Performance
The Board of Dire¢iors has considered rh¢ most appropriate policy for investing surplus funds and beli¢v¢ maintaining all
reserves in th¢ bank account provides security, while ensuring funds are readily available when required.
FlTr*ANCIAL REVIEW
Principal funding sourees
The original philanihropic funding ¢ommitted at inception continues to support some Core costs, while the opportunities to
apply for specific projeci fvnding increase.
Specific project research and cducational work ¢oniribute fee income both lo projects and to core costs.
The generosity of RSK Group it) sponsoring the Centre is 8ret*tly appreciated.
A rolling annual budget Is maintained and r¢port¢d on at rnonthly meetangs.
R¢$¢ry¢s policy
The charity's truste¢5 have established a policy to maintain unrestricted reserves. which are th¢ free reserve5 of the charily, at
level which equaies to approximately six month5 unrestricted expendiiure. At this level the trustees believe th¢ charity's
activities could conrinue, in the short temi. in the event of a significoni drop in funding. It would obviously b¢ oec¢ssary to
consider how the funding would be replaced.
There are eurrerttly ioial reserves of £200,208 12024 £145.659}. cornprising of £-30,841 {2024 £42.776} in unrestricted
funds and £2i1,04912024 £102.8831 in restricted funds.
FUTURE PLANS
The Crichton Carbors Cenire is committed to being sustainable. in all tneanings of that word and to collaborating Wlth ftllow
enyironrnenial, charitable and commercial allies.
STRUCTLIRE, GOVERNANCE AND MANAGEMENT
Constitution
The company. which is a recognised charity in Scotland. is re8lStered a5 a chaTitable company limited by 8uaTantee and was
sei up by a Memorandum of Association on 12 Novctnber 2007.
The M¢rnorandum and Articles of As50cialson give wide powers. but its aciiviti¢s must b¢ charitable.
The Charitable Purpose of the Centre ("the Charitable Purposes") are..
(al the advancement of research, training and education principally in relation io carbon and oiher ￿USe$ of climate ch4n8e,
their impacts upon the environment Worldwide and methods of off-setting these impacis. and
(bl th¢ advancement of environmental protection and improvement through all r¢l¢vant mean5 and methods. principally in
relation tt> carbon and other caus¢s of climaie ¢hange, renewable en¢rgy and energy effJcieneie5.
Page 2

CrȢhton Cgrbon Centre
ort of the TTll$tees
for the Veiv Ertded 31st Jul 2025
STRUCTURE. GOVERNANCE Af*D MANAGEMENT
OrgAni5Ationhl Structure and d¢ci$ion mgking
The Board of Direciors meets bi-monthly. Meetings are always attended by the staff. And frequently by sUPPOrters of our
ethos and work.
The Executive Team is Tesponsibl¢ for implementing strntegy. running the Centre on a day to day basis and the development
of PTojects.
Recruilnient throughout the period has continued to 5UPPOrt our work and our diverse and talented Exe¢utiv¢ team now
number$ 8,
Dr Emily Taylor leads the team as Director.
Anna Basley, a soil 5peciali5t. 15 our Pcatland Programm¢ Manager.
Kerry Morrison 15 our P¢atland Connections Officer, and a Socio.Ecologi¢al Artist.
Carys Mainprize leads on corntnuni¢ations and educational interventions.
Greer Bla¢kadder is our Office & Finance Manager.
Victoria Johnson takes on the role of drone piloi in addiiion 10 her Project Offlcer role.
Phoebe Gray successfully completed Iraining and is now a junioT project officer
Robin Lloyd was recruited in July '24 on a part tiTne basis. which Combines Wlth hi5 MasteTS TesEarch ai University of
Glasgow. His post commenced in August.
We have succeeded in attra¢ting tslented people to the Centre. from within aod outwith the area. Their commitment and
dedication is highly valued and enables the Centre to opcrate in such diverse ways. We are committed to enabling our staff to
develop their fvll potential. and happy to invest in their iraining.
We also b¢nefit from th¢ input of our volunteer Education Associate, Alic¢ Campbell.
Recruitrnent and appointment of ntw tru$te¢s
The management of the company is the responsibility of the Trustecs who are ¢l¢¢ted and co-opted under the ternis of the
Arti¢les of Association. The or8ani5ation is not curr¢nily expecting io r¢¢ruit or appoint new TTUStees.
Our 3 person Board M¢rnb¢rs are'.-
Dr Mary-Ann Smyth
Ms Gillian Kh051a
Professor David Graham Clark OBE.
Risk mAnAgement
The major Tisks io the charity have been reviewed and there ar¢ system5 and procedures in place io mitigate those risks.
The main risk faced by the charitable company 15 the risk of funding being redu¢ed. As public funding continues to decrease.
Ih¢re is always a concern that funding rnay be scaled b#¢k. However, lo mitigate this risk, Trustee5 continue to source
additional funding and alternative income streams.
REFERENCE AND ADMINISTRATIVE DETAILS
R¢gist¢red Cornpany number
SC327623 (Scotlandl
Registered Charity number
SC038915
Page 3

Criehton Cxrbon Ctntre
ort of the Trustees
for the Year Ended 31st Jul 2025
Registered office
Studio 2
Hillend Mill
Kirkgunzeon
Dumfrie5
DUMFRIESSHIRE
DG2 8LA
Trustees
Ms G F Khosla
Dr M A E Smyth MIEnvSc AIEEM
Professor D Clark OBE FACSS Iresigned 3.12.241
S Conn¢lly18ppointed 9.4.251
Comp#ny Secretaries
Mrs G Blackadder
J & H Mitchell WS
Independent Examiner
FaTries Kirk & Mcvean
Dumfries Enterprise Park
Heathhall
Durnfries
DUMFRtESSHIRE
DGI 3SJ
Prin¢ipg1 Addres5
Studio 2
Hillhead Mill
Kirkgunzeon
Dumfri¢s
DG2 8LA
Approved by order
f lh¢ board of trustee5 on 18th FebTuary 2026 and signed on its behalf by..
Ms G F Khosla- Trllsle¢
Page 4

liide
endent Examiner 5 Re
rt to the Tru$tee$ of
Crichton Carbon Centre
I report on the accounts for the year ended 3 Isl July 2025 set out on pages six to eighteen.
Respective re5ponsibilitie5 of tru5tee5 txAminer
The charlry's trustees are responsible for the preparation of the accounts in accordance with the t¢rms of the Charities and
Trustee Investment {Scotlandl Act 2005 and ihe Chariiies A¢¢ovnts (S¢otlandl Regulations 2006 las amended). The charity's
trustees consider thai the audii requirement of Regularion 1011)la) to Ic) of the Accounis Regulaiions does noi apply. It is my
respgnsibility to examine the accounts a5 required undeT Section 441 I Ilc) of th¢ A¢t and to state whether particular matters
have come to my aiteniion.
B4$1$ of the independent examiner'5 report
My exarnination was carried out in accoTdance wilh Regulation I l of the Charities Accounts (Scotland) Regulations 2006.
An examination in¢ludes a review of the accounting records kept by the charity and a cotnparison of the accounts pre5cnted
with ihose records. It also includes consideration of any unusual item5 QT disclosures in the account5. and 5¢eking
explanations from you as trustee5 concerning any such maners. The procedure5 undertaken do not PTovide all the evidence
that would be T¢qUITed in audit, and consequently I do noi expres5 an audit opinion on the view giv¢n by the accounts.
Independent exfiminer's statement
In ¢onneciion with my exam5nation. no rnatter hAS come to my attention .'
11) which gives Tne reasonable cause to believ¢ that, any rnaterial respecL the requirements
to keep ac¢ounting records in accordance with Section 44{11(al of the 2005 Act and Regulation 4 of the 2006
Accounts Regulations: and
to prepaTe accounts which accord wilh th¢ ac¢ounting record5 and to cornply with Regulation 8 of the 2006 Accounts
Reglllation5
have not been mei: or
12) to which. in Tny opinion, attention should be drawn in order lo enable a proper und¢TStanding of ihe accounts to be
reached.
Mr Rodney Palmer CA
The Institute of Chartered Accountants of Scotland
Farrie5 Kirk & Mcvean
DuTnfrie5 Enierprise Park
Heathhall
Dumfries
DUMFRIESSHIRE
DGI 3SJ
18th February 2026
Page 5

Crichton CArbon CentTe
StatemeNt of Fin¥nei#l Attivities
for the Year Ended 31st Jul 2025
2025
Total
fvnds
2024
Total
funds
Unrestricted
funds
R¢siri¢t¢d
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
59.333
59,333
31,433
Chgritfible Activities
Research
Projects
91.669
57.076
214.256
148,745
214,256
59,983
197,818
Investment income
Oiher in¢orne
1,509
7,316
1,509
7.316
2.187
5,000
Totgl
159.827
271,332
431.159
296,421
EXPENDITURE ON
Raising funds
8,915
8,915
22.584
Charitable Activities
Research
Projects
19.790
99,922
84.057
168.015
103.847
267,937
221.016
116.691
Other
1.200
1.200
1,200
Total
129,827
252.072
381.899
361,491
NET INCOMEI(EXPENDITURE)
Transfers between funds
30,000
72,781
19.260
172.781)
49,260
165,070)
12
Net rnovement in funds
102,781
153,521 }
49,260
165,070)
RECONCILIATION OF FUNDS
Total funds brought forward
42,776
102,883
145.659
210,729
TOTAL FUNDS CARRIED FORWARD
145,557
49,362
194.919
145.659
The notes forrn part of these financial statements
Pag¢ 6

Criohton Carbon Centr¢
Balance Sheet
31$t Jul 2025
2025
Total
funds
2024
Total
funds
Unrestri¢ted
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
3,630
1,005
4.635
2,770
CURRENT ASSETS
DebtOlS
Cash ai bank and in hand
10
23,214
132,686
23,214
181,709
48.571
108.704
49,023
155.900
49.023
204,923
137,275
CREDITORS
Amounts falling due within one year
113.9741
{6651
114,6391
{14.3861
NET CURRENT ASSETS
141.926
48.358
190,284
142.889
TOTAL ASSETS LESS CURRENT
LIABILITIES
145,556
49.363
194.919
145,659
NET ASSETS
145.556
49,363
194.919
145,659
FUNDS
Unrestricted funds
Restricted funds
12
145.556
49,363
42,776
lQ2,883
TOTAL FUNDS
194.919
145,659
The charitable company is entitled to exemption from audit under S¢¢tion 477 of the Companies Act 2006 for the year ended
3 1st July 2025.
The member5 have not required the cotnpany to obtain an audit of its financial statem¢nts foT the year ended 31st July 2025
in accordance wilh Section 476 of the Companies Aci 2006.
The trust¢¢s acknowledge their responsibiliti¢s for
la)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing finan¢ial statemenis which give a true and fair view of the slate of affairs of th¢ ¢haritable company as at
the end of each finan¢ial year and of its surplus or deficit for each financial y¢ar in accordance with the requirements
of Section5 394 and 395 and which otherwise cotnply with the requiretnents of the Ctstnpanies Act 2006 relating to
rinan¢ial staiements, $0 far as appli¢able to the ¢haritable company.
Ib)
The notes form part of these financial staternents
Pag¢ 7

Crichton carbo￿ Centre
BAlgnee Sheet- continued
315t Jul 2025
These financial siatements have b¢en pr¢pared in accordance with the provisions applicable io Chwiiable Companies Subject
to ihe small ¢ompani¢s regime.
The financial siatemenis were approved by the Board of Trustees and auihorised for issue on 18th February 2026 and were
signed on lis behalf by..
G F Khosla- Trustee
The notes fom part of these financial Statements
Pa¥e 8

Crichton Carl￿￿ Centre
Note5 to the Fin#n¢i81 Statements
for tlie YeHr Ended 31st Jul 2025
GENERAL INFORMATION
The ¢harity is a company limited by guarantee, incorporated in Scotland and is goveTned by its Memorandum and
Articles of A550ciation. In the eveni of ihe ¢ompany being wound up the liability in respe¢t of the guarantee is
limited to £1 per member,
The addre55 of the registered office and principal office can both be found on pag¢ 3 of the Financial Statemenis.
The finan¢ial stsiements relate to Crichton Ca￿on Centre, an individual entity and the presentaiion currency u5cd 15
Pound Sterling {£}.
ACCOUNTING POLICIES
Basis of prepgring the financial stitement$
The financial staletnents of the charitable company, which is a public ben¢fit entity undcr FRS 102, have be¢n
prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reportin8 by ChaTltie5'. Staiement of
Recommended Practice applicablc to charities preparing their ac¢oun15 in accordance with ihe Finan¢ial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019}', Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies
Act 2006. The finan¢ial statements have been prepared under the historical cost convention.
Income
All inwme is recognised in the Statement of Financial Aciivities on¢e th¢ charity ha5 entitleThent to the funds, it 15
probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditur¢ a5 soon as there 15 a legal or constru¢tiv¢ obligation committing the charity
to thai ¢xpenditure, it is probable that a transfcr of econotnic benefits will be required in 5ettl¢Tnenl and th¢ amount
of the obligation can be measured reliably. Expendiiure is o¢¢ounted for on an accruals basis and has been classified
under headings that aggregate all c05t related to the ¢ai¢gory. Wh¢re costs cannot be directly attributed to particular
hcadings they have been allo¢al¢d io aciivities on a ba515 consistent with ihe use of r¢$our¢es.
TAngible fixed A5set5
Tangible fixed a55¢ts are stated at cost less depreciation. Depreciation 15 PTovided at rates calculated to write off the
Cost of fixed asseis, less thesr estimated residual value, oveT their expected useful lives on the following bases..
FixturES and fittings
25 % reducing balanc¢
Cornpuier equipmen¢ 330/0 r¢ducing balance
The a55et5' residual values and useful lives are reviewed, and adjusted. if appropriate, at the end of ea¢h reporting
period.
T8xation
The charity is exempt frotn corporation tax on ils charitable activities.
Fund aeeounting
General funds are unrestricted funds which are available for use at the dis¢r¢lion of the Trustees in furtherance of the
general obje¢tiv¢s of th¢ ¢ompany and which have not been designated for other purposes.
Restricted funds are funds which are to be used in actordan¢e with specific restTj¢tions imposed by donors OT thich
have been raised by the company for particular purposes. The costs of raising and adrninistering Such fund5 are
charged against lh¢ specific fund. The aim and iise of each restricted fund is set out in the notes to the finanGial
statements.
Page 9

Crl¢hion Cgrbon Centre
Notes to the Financial Statement$- tontinu¢d
for the Year Ended 31st Jul 2025
ACCOUNTING POLICIES- continued
Fund accounting
Inve5tinent incotne, gains and losses are allocated io the aPPTopriat¢ fund.
Pension costs
The cornpany ¢ontribut¢s to personal pension plans of lis ¢mployees. The pension costs charged in the financial
5tateTnenis repr¢s¢nt the ¢ontributions payable by the ¢harity in the year.
Finan¢i41 instruments
Cash And bank
Cash and bank comprises cash on hand and funds held on deposit.
Trade debtors
TTade d¢btors are arnounts due from customers for ihe provision of 5ervice5 sold in the ordinttry wur5e of
operations.
Trade debtors are recognised initially al ihe transaction price and r¢present the full value of ihe Services charged tg
customers, including any atnounis charged on for third parties.
TrAde creditors
Trade CTeditors are obligation5 to pay for goods or services that have been acquired in the ord￿nary ¢OUTse of
business from supplieT5.
Accounts payable are classifid as Current liabilities if the company does not have an unconditional right, at ihe end
of the rew)rting period, to defer seitlement of the creditor for at least twelve months after the reporting date. If there
is an unconditional right to defer settl¢tnent for ai least twelve tnonth5 after the reporting date they are presented a5
non cU￿£￿t liabilities.
Provlsions And contingencies
Provisions are re¢ognised when the company has a present legal or ¢on$tru¢tive obligation a5 a resuli of past event5.
it is probable that an outflow of resources will be required to settle the obligation., and lh¢ amount of the obligation
can be estimated reliably.
INVESTMENT INCO.ME
2025
2024
Deposit account interest
1.509
2,187
Page 10

Crichton Carbon Centre
Notes to the FirtxneiAI Stxtements- continued
for the YeAr Ended 31st Jul Z025
RAISING FUNDS
Raising donation5 and legacie5
2025
2024
Support costs
8.915
22.584
NET INCOMEI(EXPENDITUREI
Net incomellexpenditurel is stated after ChargIn￿(Crediti￿g).
2025
2024
Depreciation owned assets
Surplus on disposal of fixed assets
2,340
(2891
1,408
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustee5' Ternuneration or other benefits for the year ended 3 1st July 2025 nor for the year ended
31 st July 2024.
Tru5tees' expen5e5
There were no trustees, expense5 paid for the year ended 31 st July 2025 rtor for the year ended 31st July 2024.
STAFF COSTS
Th¢ average monthly number of employ¢¢s during the year was as follows..
2025
2024
Administrative
Proje¢ts
No employees received emoluments in ex¢ess of £fjO.000.
Pagell

Crithton Carbon Centre
Notes to the FinAncial Statement5- Continued
for the Year Ended 3151 Jul 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unresiri¢ted
funds
Restricted
funds
Total
funds
lTr*COME AND ENDOWMENTS FROM
Donation5 and le8acie5
31,433
31,433
CharitHble aetivities
Research
Project5
59,983
59,983
197,818
197,818
Investment income
Other incoTne
2.185
5,000
2.187
5,000
Totil
98.601
197,820
296,421
EXPENDITURE ON
Raisitt¥ funds
22.549
35
22.584
ChAritAble gctivities
Research
Projects
32,892
32,988
188.124
83.703
221,016
116,691
Other
1.200
1.200
Total
89,629
271,862
361,491
NET INCOME/{EXPENDITURE)
Trnnsfers between funds
8,972
6,072
174.042)
{6.0721
165.0701
Net movement in funds
15.044
180,1141
165,070)
RECONCILIATION OF FUNDS
Total funds brought forward
27,732
182,997
210.729
TOTAL FUNDS CARRIED FORWARD
42.776
102,883
145,659
Page 12

Crichton Cyrbory Centre
Notes to the FinAncial Statement5- eontinued
for the Year Ended 31 st Jul 2025
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Plani And
machinery
Tota15
COST
Ai 1st August 2024
Additions
Disposals
43,761
4,610
1883}
3,860
47,621
4.610
18831
At 31 st July 2025
47,488
3.860
51.348
DEPRF.CIATIOY
At l sl August 2024
Charge for year
Eliminated on disposal
41,041
2,320
(478)
3.810
20
44,85 1
2.340
14781
At 31 si July 2025
42,883
3.830
46,713
NET BOOK VALUE
At 31 si July 2025
4.605
30
4,635
At 31 si July 2024
2,720
50
2,770
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
23.214
48.571
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trad¢ creditors
Social security and other taxes
3,244
5,395
4,800
1,200
2,679
4,749
5,758
1,2QO
VAT
Accruals and deferred income
14,639
14,386
Page 13

Crichton Carbon Centre
Notes to the FinAneixl Statements- tontinued
for the YeAr Ended 31 st Julv 2025
12.
MOVEMENT IN FUNDS
Nei
movement
in funds
Transfers
between
funds
At
31.7.25
At 1.8.24
L'nrestriet¢d fund$
General fund
Flux Project
42,776
29.999
40.079
32.702
112,854
32,702
42,776
29,999
72.781
145.556
Restricted funds
Biosphere Explorers Project
Peatland ACTION Proj¢¢t
Flux Project
Peatland Connection5
Peatland Mini Modul¢
MDS Estaies
Our Coast & Climate Chang¢
Natural Capital Realised
Sheeps Wool Lab Trial
Kirkcudbright Partner Class
Esmee Fairbairn
SOSE Peats Project
6.082
407
32.702
14.474
4.030
1,241
19.592
19.697
3.383
1.275
3.601
1107)
9,683
{3001
{32.7021
114,474}
{4,330}
(1,241)
11.222
12.593)
300
{19.5921
{17,1041
13,J831
11,222
11.275)
12.500
15.958
12,500
15.958
102.883
19.261
{72,7811
49,363
TOTAL FUP4DS
145,659
49,260
194,919
Page 14

Crichton CArbon Centre
Notes to the Finxneixl Stat¢ment$- ¢ontinued
for the YeAr Ended 31st Jul 2025
12.
MOVEMENT IY Fuf4DS- eontinued
Net movemerkt in funds. included in the above are as follows..
Incoming
resources
Resources
expended
Movernent
in funds
Unrestricted funds
General fund
159,827
1129.828)
29.999
R¢$trlc¢ed funds
Biosphere Explorers Projeci
Peatland ACTION Project
Peatland Connections
Peatland Mini Module
MDS Estates
Our Coasi & Clirnate Change
Natural Capiral Realised
Kirkcudbri8ht Partner Class
GG Legacy Fund
Esmee Fairbairn
SOSE Peats Project
Peatland Action Restoration Training
4,196
71,558
(595)
171.665)
114,474)
{9.177)
142,126)
13,7281
{2.5931
{1.2751
{1.5001
3,601
11071
{14.4741
14.3301
4,847
40,885
14,950
1,222
12.5931
11.2751
1.500
12.500
71,495
49.401
12.500
15.958
155.5371
149.4011
271,332
1252,0711
19,261
TOTAL FUNDS
431.159
(381.8991
49,260
Page 15

Criehton Carbon Certtre
Notes tts the FinAntiAI St#tements- continued
for the YeAr Ended 31st Jul 2025
12.
MOVEMENT IN FUNDS- continued
CompgrAtives for movernent in funds
Net
movement
in fijnds
Transfers
between
fund5
At
31.7.24
At 1.8.23
Unrestrieted funds
General fund
27.732
8.972
6.072
42,776
Restricted fllnds
Biosphere Explorers Projcct
Peatland ACTION Project
Flux Project
Peatland Connections
Peatland Mini Module
MDS E5talcs
Oui Coast & Climate Change
GG Education Work
Ulster Wildlife Trusi Training
Internship
Natural Capital Realised
Sheeps Wool Lab Triaj
Kirk¢udbright Partner Class
32,138
66,035
48.716
16,398
4,030
1,241
8,367
2,000
3.273
799
(26.056}
165.628)
(16,014)
11,924)
6,082
407
32,702
14,474
4,030
1.241
19,592
1,225
12,0001
{3.2731
1799}
19,697
3,383
1,275
19.697
3.383
1.275
182,997
{74,0421
{6,072)
102,883
TOTAL FUf4DS
210,729
165,0701
145,659
Comparative net mtsv¢rnent in funds, included in the above are &$ follow5..
Incoming
resources
Resources
expend¢d
Movement
in fund5
Unrestricted funds
General fund
98.600
(89.628)
8,972
Rtstricted
Biosphere Explorers Proje¢t
Peatland ACTION Proj¢ct
Flux Project
Peatland Connections
MDS Esiaies
Our Coasr & Climate Change
Natural Capital Realised
Sheeps Wool Lab Trial
Kirkcudbright Partner Class
9.003
55.349
19,996
25,582
43.000
18.400
20.496
3,495
2,50Q
(35,059)
1120,977)
(36,010)
(27.5061
(43.000)
17,1751
{7991
126,056)
165.628)
116,014)
(1.924)
11,225
19,697
3,383
1.275
11,225)
197.821
1271.863)
174,042)
TOTAL FL'NDS
296,421
(361,491)
{65,070)
Page 16

Crichton CArbon Centre
Notes to the Flnanelal St4tements- continued
for the YeAr End d 31st Jul 2025
13.
RELATED PARTY DISCLOSbRES
The Charity received sponsorship of £12.000 (2024- £12,000) from RSK Group. of which Dr M A Srnyth. trustee. is
director. The transaction was tnade at artns length and under noTtnal commercial teTms.
14.
PENSION COMMJTMEiwrs
The charity pays contributions to ernployee5 individual pension 5ch¢mes. The pension cost charge represenis
contribution5 paid by tlie charity to th¢se individual schemes and aynountcd to £13,35312024 £13,103).
15.
FUNDS
Des1
nated
Flux Project
The Flux Tower Project 15 an applied research project to measure greenhouse gas emissions on an afforested deep
peat Slte in Dumfries and Galloway. CCC is wort(ing with partners to identify research siies, define research aims and
support ihe installation, maintenance and data gathering. This data will help fill a gap in our knowledge on the long
term impacts of commercial forestry on organic soils. The tower was con5tTUCt¢d in a forest on deep peat. It opened
early 2024. Wlth CCC providing 5tatT tirne to mainiain ihe equipment, download and manage the data over at least a
5 y¢aT period. This project had previously be¢D ¢reaied as restricted. but on reflection the Trustees have a8Teed the
funds for this project should be classed as desgiiiated as no restriction applie9.
Restricted
Biosphere Explorer5 Project
This is a two year edu¢alion proj¢ct working with young people io improve their appreciation and under5tandin8 of
their local environment.
Peatland ACTION Project
This project is helping io manage and restore dama8ed peatland in Scotland.
Peatlattd$ Conneetions
A 3-year project connecting and re-connecting people to peatlands by reaching out to new audience5. membeTS of the
public, 5takeholder5. and partner5 in three ways to Start, and deepen. conversations around peatlatjds and peatland
resioration a¢ross the region and beyond.
Our Coast and Cllmate Change
An I l-month project visiting 8 primary schools along the Solway Pirth to dis¢u5s coastal ¢limote ¢hang¢ their
¢omtnunities face.
Nitural Capii#l Re#lised
Natural Capital Realised is a project taking leaming from real world examples of investment in restoration of
previously afforested peailands in the south of Scotland 10 beiier assess where this work is most appropriate for
rnaximurn environmental and economic benefit and develop me¢hanisms io allow private investment lo help achieve
this at s¢alr.
Sheep's Wool LAb Trial
A project to explore the potential environmental risks a$so¢iat¢d with leaching pesticides (pyrethroidl frorn sheep
wool, which have potential to be used
for peatland resioraiion.
Kirkcudbright Partner C188$
Page 17

Crichton Carboii Centre
Note5 to the FrnRncial Statcment5- Continued
for the Year Ended 315t Jul 2025
15.
FUNDS- ¢ontiNued
A Kirkcudbright P6 class of 26 pupils will receive a monthly vtsit or class tTtp throughout the school year. which will
focus on climate change. environmental issues, and nature. There will be 4 class trips to ArgTennan House. This is 2
days a month project. for 10 months.
PeatlAnd Mini Module
A project io develop a peatland focused mini module for Environmental Sci¢nce Nat 4]5 course to be taught in 3
school Class sessions and eventually rolled out to be taught across the region.
MDS Estates
A project to assess, map and priorilise peatland condition and r¢5toration necds acros5 the Scottish Estate areas to
forni the basis of an Operational Plan and allow the Estate to improve peatland condition for carbon 74nd wider
environrnent bencfits.
Esmet Fairb#irn
A project lo build capacity and expand our su¢¢¢ssflll approache5 to nature restoration And upscale our work with our
partners to deliver OUT ¢oll¢ctive objectives for Esrnee'5 Our Natural World and 5-year priorities for Peat and Space
for N2tur¢.
SOSE Peats Project
A proje¢t to develop a Souih of Scotland specific approach to peatland restOTaiion and identifying Natural Capital
investment opportunitie5 to 5UPPOrt environtnental enhancements and Net Zero targets.
Page 18

Crichton Carbon Centre
DetAiled Statement Of Financial ActivÉties
for the Yehr Ended 31st Jul 2025
2025
2024
INCOME AND ENDOWMENTS
Donitions and legacies
Donations
Sponsorship income
47,333
12,000
19,433
12.000
59,333
31,433
Investment income
Deposit account interest
1.509
2.187
ChAritxble g¢tivitte5
CCC - Fee Income
PTojects- Grant Income
197,844
165,157
134.455
123,346
363,001
257,801
Other income
Gain on sale of tangible fixed assets
Employrneni Allowanc¢
289
7,027
5,000
7,316
5,000
Total incoming re50urce5
431,159
296,421
EXPENDITURE
Ch#rit•ble a¢tiviti¢s
Wages and Salaries
Social security
Travel and subslSt¢n¢¢
Property Repair5
237,920
14,584
16,405
49,030
238,334
17,512
13,603
14,303
317,539
283,752
Support ¢ost$
Management
Pensions
In5uranc¢
Telephone
Postage and stationery
Advertising
Book-keeping
Consultants
Carried forward
13,353
4,469
1.152
433
149
13,103
3,503
1,586
3,353
150
392
6,291
28,378
7,692
27,248
This page doe5 not forni part of the statutory financial statem¢ntS
Page 19

Crichton Carbon Centre
Detailed Stfitement of FinAncial Aetiviti
for the Year Ended 31st Jul 2025
2025
2024
ManAgement
Brouglit forward
Conference & events
Other office costs
Website
SubscriptlOll5
Water Rates
Premises & equipment
Training
Hire of Rooms & Ha115
Car & Bus Hire
Depreciation of equipment
Deprecia¢Ton of Fixtures & Fittings
Bank Charges
27,248
600
2,831
70
1,800
192
23,166
1,532
2,436
946
2,319
20
28,378
6.05 1
2.200
438
174
26.657
7.809
901
2.449
1.363
45
74
63,160
76,539
Governanee costs
A¢countsncy
1.200
1,200
Total resource5 expended
381,899
361,491
Net Incom¢ll¢xpenditure)
49.260
165.0701
This paBe does not form part of th¢ statutory financial statements
Pag¢ 20