THE ARCHIE FOUNDATION
(Charity Number= SC0395211
(Company Number.. SC3402971
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
(a company limited by guarantee and not having share capital)
31 DECEMBER 2Q25
Wetre here for you

THE ARCHIE FOUNDATION
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
CONTENTS
PAGE
LEGAL AND ADMINISTAATIVE INFORMATION
TAUSTEES, ANNUAL REPORT
TRUSTEES, RESPONSIBILITIES STATEMENT
INDEPENDENT AUDITOR'S REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
CASH FLOW STATEMENT
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
11
12
17

THE ARCHIE FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
TRUSTEES
Carol Munro,
Nicola Fry, Chairperson
Anne Bone MBE
Evnnne Boyd
Irene Bruce
Caron Cruickshank
Gerald Donald
Derek King
Holly Milne
Paul Monaghan
Michael Reidy
Grarit Rodney
David Stiachan
Hazel Whyle
Graham Wilson
April Emmo
(rèsigned 31 March 20261
(appointed fj April 20261
(resigned 31 March 20261
(resigned 4 February 20251
lappoinled 12 March 20251
(resigned 31 March 20261
Ircsigcd 31 May 20261
lappoinled 12 March 20251
{resigned 12 March 20251
lappoinled 11 June 20251
lappoinied l O June 20261
COMPANY SECRETARY
Mackinnons Solicitors LLP
ORGANISATION
The day lo day management ol the charity is delegated lo Paula Cormack, Chief Executive
REGISTERED OFFICE
Royal Aberdeen Children's Hospital
Westburn Road
ABERDEEN
AB2￿ 22G
AUDITORS
AAB Audit & Accounlancy Limited
Kingshill View
Prime Four Busingss Park
Kingswells
ABERDEEN
AD15 8PU
BANKERS
Bank of Scotland
EDINBURGH
EH2 2VR
Royal Bank ol Scotland
FRASEABURGH
AB43 gAS
Virgin Money
ABERDEEN
A815 4XU
SOLICITORS
Mackinnons
14 Carden Place
A8ERDEEN
A810 1UA

THE AACHIE FOUNDATION
TRUSTEES, ANNUAL REPORT
The Trustees present their report and accounts for the year ended 31 December 2025.
Legal and adminislralive information sel out on the previous page forms part ol this report. The financial slalements
comply with current slalulory requirements,. the Articles ol Association., Accounting and Reporting by Charities:
Sialemenl ol Recommended Practice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP (FAS 1021 {second
edition- October 20191 and the Companies Act 2006.
OBJECTIVE AND ACTIVITIES- THE ROLE OF THE ARCHIE FOUNDATION
The Archie Foundation operates on a non-prolil basis. Our mission 15 to transform experiences and outcornes in
healthcare and ber@av8m8nt lor local babiès, childr8n and their families. We do this by working in partnarship with
the NHS in Grampian, Highlands. Orkney, Shetland and Tayside and with other child development and childcare
prolessionals including. bul not limited lo, those working in the education and social work sector.
Our charitable purpose is to relieve sullering and distress and to aid the furtherance of heahh for local babies and
children. We do this by: supporting paedialric healthcare praclitioners-, supporting, equipping. enhancing and
maintaining neonatal and paediatric health services., providing specialist training lor health professionals working
in neonatal andlor child healthcare-, providing practical support and resources lor children, young people and their
families who use child health servi¢es-, providing bereavement support lor children and their families., training
professionals working with children lo equip them with the skills and knowledge to support a bereaved Child or
young person.. any such other related charitable objects as the Cornpany in its sole discretion may determine.
Whether in one ol the major hospitals or one ol the many rural cornrnunily hospitals across the Tegions we support,
The Archie Foundation provides the extras, over and above core, slale-lunded health provision, that make hospital
experiences for children less daunting, less stressful, more enjoyable, ollen shorter and nearly always more
positive. In whichever ol the myriad ways we make the diff erence, our work positively influences and sometimes
saves the lives of children.
We are a charity with babies, children, families and local people al our very core and our relationship with the NHS,
edLJcation and childcare sectors is lundamenlal lo our cijrrenl and lulure success. Equally important are the
generous donors who, by supporting The Archie Foundation, make all ol this possible. We are extremely proud of
the impact we make and enormously graleful lo everyone involved in making il happen.
ACHIEVEMENTS & PERFORMANCE
2025 marked 25 years of The Archie Foundation and the need for the charity's support is greater than ever. The
challenging socio-economic environment continues unabated. Individual need is growing, with families struggling
lo Make ends meet even before a crisis srtuation hits. Inslitulional need continues lo increase as public sector
entities supporting children and families lace endless budgetary and process pressure. Thankfully, with the help of
generous local support, The Archie Foundation was able lo rise to meet at least some of this need, with record
impact slats achieved across each ol our pillars ol support.
Record impact lor the charity is al once..
HeartbTeaking- that so many babios, children and larnilios afe sufforing.
Uplilling that in many cases small inteNenlions can have such a Iranslormalive impact on experiences and
outcomes for young palienls., and

THE ARCHIE FOUNDATION
TRUSTEES, ANNUAL REPORT
ACHIEVEMENTS & PERFORMANCE (continued)
Heartwarming - that despite the widespread impact of cosl-ol-living challenges so many local people and
companies continue lo support charities like The Archie Foundation lo ensure we can be here for those less
fortunate in their timo of neod.
Sharing slalislics and most importantly the human stories behind them has been key in keeping the charity lop ol
mind, with Archie supporters regularly expressing pride in the key part they play in making such vital support
possible. Demonslraling our impact and the difference il means al a p8rsonal level also encourages legacy gifts
and the charity has benelitted significantly in recent years from generous ben91aclors.
Unlike many other local charities, Archie does not receive slalulory funding from local authorities for the services
we provide. Everything we deliver and achieve is thanks lo volLJntary contributions and efforts and as a charity we
are deeply indebted to each and every one of our donors, volunteers, trustees and dedicated staff members across
Grampian. Highland. Tayside and further afield.
We remain acutely locussed on ensuring the very best return possible on donor investment in Archie. What this
looks like in real terms is..
Increasing the number ol children and families supported
children, a 31°/0 increase on 2024- and
in 2025 we provided direct SLtpport for 4,400
Reducing our cost ol fundraising
in 2025 our cost ol fundraising was the lowest it has ever been al 11 %
versus the widely recognised third sector average 0125 /0 and our own. evenl-locussed high water mark 0132%
in 2019 Iv8 an average 0140-70% reported in the UK Civil Society Almanac 2024 lor evenvretail locussed
charities).
Over the course 012025 many kind and generous individuals found creative ways lo weave Archie into their social
lives and celebfalions. Flagship Archie events and campaigns were well supported as wero Ihird-party and
supporter-led events. These inclLJded Marathon March, Archie's Variety Show, record participation in local Killwalk
evenis, our much-loved Disco Ball, noi one bui iwo atjseils lor Archie, impaciful giving campaigns around Play In
Healthcare Week in October and our ever-popular Advent Campaign in December and countless DIY supporteT-
led lundraising aclivilies. such as the Prosecco Picnic and Moonlight Ball in the Highlands.
In lolal we received ar¢ oulslanding 3,543 donations from a lolal 011,783 donors in 2025. In the main these gifts
were monetary, used to fund vital services andlor equipment, supplementgd by hundreds ol gift-in-kind donations
including Ihousands ol knilled items from baby blankets lo Worry Monsters and. ol course, the priceless gill of lime
from Archie volunleeis.
This year Archie was once again fortunate lo benefit from strong support from local companies, Trtjsts and
Foundations, including longstanding supporters TEXO, HCS and The JEllie Foundation. In 2025 we received
signilicant1g.oary gifts from gAne.roiis qoiils who will continiip to make tho di118renc8 way beyond their own lifetime
and we also received a major donation worthy ol special mention.
Tho Suttig Family donatgd £1.5million to gn$ur8 th8 installation ol an MAI scanngr at the new Baird Family Hospital.
Securing Scollish Government funding lor this important additional facility and service within the Baird was
extremely uncertain, due to conlinu8d pressures experienced throughout the build phase ol the project. Upon
learning this the Suttie Family generously stepped in to close the gap, providing peace ol rnind lor the NHS staff
who desperately need this equipment so they can provide the standards ol care they aspire lo. The impact that
access to MRI scanning will have in improving early intervention and appropriate healthcare Irealmenl for fragile
babiEb dfiLJ puurly Lliildreii LuiTriiut uverbtcAled. Tlie dill¥igiiLE Iliits will Iri¥(111 lur lulure yeneration5 light aGross
North Scotland is gonuinely priceless and The Archie Foundation is so grateful and proud to have been able to play
a small part in making this possible.

THE ARCHIE FOUNDATION
TRUSTEES, ANNUAL REPORT
ACHIEVEMENTS & PERFORKqANCE (continued)
Collectively, over the course 012025, Archie supporters generated a lotsl income of £3,344,623. enabling us to
make the difference directly lor 4,400 babies and children and indirectly lor c. 50,000 children who pass through
the doors ol the NHS facilities we support. However they supported and whatever the value of their gift lo the
charity. we are indebted lo every single one ol our supporters. Quite simply, we couldn't operate without them.
THE IMPACT OF ARCHIE'S SUPPORT
In 2025 we developed a new strategy lo build on the success ol our 2022-24 Business plan. Our strategy lor 2026-
30 sets oul the roule map lo continue extending our reach and impact, year on year, lor babies and children across
North Scotland lacing the challenges of poor health andlor bereavement.
What we
achieved in,
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THE ARCHIE FOUNDATION
TRUSTEES, ANNUAL REPORT
STRUCTURE AND GOVERNANCE
The Archie Foundation was formed in September 2000 to support the creation of Royal Aberdeen Children's
Hospital. After the hospital opened, the charity was subsumed into the NHS Grampian Endowment F￿r¢d between
2004 and 2008, later emergin9 a8 an independent charity in 2008.
The Trustees are responsible lor the strategy and governance ol the charity and moniloring performance in line
with the strategic objectives. The Archie Foundation is a charity registered in Scotland number SC039521.
The Board of Trustees devolve day-lo-day rnanagemenl of the charity lo the Chief Executive, Paula Cormack.
The Board has seven Comrnittees reporting to it..
The Grampian Clinical Advisory Commille8
The Tayside Clinical Advisory Committee
Tho Highland Clinical Advisory Committoe
The Finance & Governance Committee
The Remuneration Committee
The Archie Child Bereavement Service Corntnittee
The Archie Neonatal (Grampian) Committee
The Clinical Advisory Committoes ICACS) are chaired by an Archie Irustge and include NHS staff, parent
representation and non-truslees as members. CACS review all charitable applications over £2,000 relating to
neonatal and paedialric health within the Children's Hospital and Community Child Health environments. The CACS
make recommendations on their suilabilily and appropriateness to the Board.
The Archie Meonatal (Grarnpianl Committee includes clinical staff and previous users of the setvice who together
guide the charity's work in supporting Neonatal families and stall al the Unil.
Aichie's Child Bereavement Service Committee is chaired by an Archie trustee and has non trustecs and past
service users serving on it who all work closely with the Bereavement Service Manager. The committee meets
regularly and provides direction, support, and advice. In addition, commill80 members provide one lo one support
to Ghildren and families sulloring bereavement and deliver aGlivity day8 lor Ghildron and families.
The Finance and Governance Committee is a sub-committee ol the Archie Board of Trustees who review the
financial performance and governance ol the chaTlty and subsidiary company and the financial implications ol any
funding applications being recommended lor approval by the other Committees. The Finance and Governance
Committee may then add further recommendations or comments for the Board relating lo the financial or
governance aspects ol the grant being requested.
The Trustees consider the Chief Executive and the Director ol Business Services (who together constitute the
Senior Management Team) to comprise the key management personnel ol the charity. Trustees are required lo
disclose all rolevanl intoresls and register them with the Director ol Business Services al each meeting. Trusle8S
will withdraw from decisions where a conflict ol interest arises.
The Board ol Trustees ultimately make decisions relating lo the activity of the Charity, taking into account the
recommendations made lo them by the Committees and Senior Management Team.

THE ARCHIE FOUNDATION
TRUSTEES, ANNUAL FIEPORT
TRUSTEES
Trustees are appointed lor Ihree-year terms with an option lo stand lor re-election once before al least one year ott
the board is required. Trustees are generally invited to join the board following advertisement of the position and a
subsequent inteNiew.
Once appointed, Trustees receive an induction from the Chief Executive and senior staff members and are invited
lo sil on such committees as are appropriate. New Trustees are then required lo enhance their knowledge through
training, meetings with other members ol the Board and tours ol the charity's lacililies, as appropriate. The Chief
Executive and Senior Management Team will also spend time with the Trustees during their first year lo ensure
they are lully informed ol the work ol the charity and able lo access all the information they require.
As 0131 December 2025, there were a mix of NHS and non-NHS Trustees on the Board with a majority being non-
NHS members. During 2025, the following served as Trustees ol the charity and as direclors ol the company.
The Trustee Committees they served on are also shown in the table below..
TRUSTEE
Carol Munro
Derek Kin
Irene Bruce
Anne Bone
Evonne Bo
Caron Cruickshank
Gerald Donald
Holl Milne
Paul Mono
han
David Strachan
Michael Reid
Grant Rodne
Hazel Wh
Graham Wilson
Board
Board Attendance
415
515
515
615
315
0/0
314
415
215
515
515
414
112
Finance & Governance
Remuneration
In 2025, there were 5 board meetings wrth the Trustees attending the number ol meetings noted above
lattendedleligible to attend). Dates ol appointment and resignation as Trustee are noted on page 1.
The Advisory Comrnittees that Trustees served on are shown in the table below..
Clinical
Advl$ory
Gram
ian
Clinical
Advisory
hland
Clinical
Advisory
Ta
side
Aberdeen
Neonatal
TRUSTEE
Derek Kin
Irene Bruce
Anne Bone
Fvnnnp. Rrj
Caron Cruickshank
Gerald Donald
Paul Mona
han
Michael Reid
Grant Rodne
Hazel Wh
Graham Wilson
AC8S
C- Chair I V- Vice-chair I X - Trustee

THE ARCHIE FOUNDATION
TRUSTEES, ANNUAL REPORT
GRANT MAKING POLICY
The Archie Foundation has a comprehensive funding programme providing grants lorlamilies, children and projects
including those..
lor individual children currently in the care ol the NHS.
lo support families during extended andlor unexpected hospital admissions.
to support NHS child health staff lo undertake advanced training courses.
to fund specialist equipment.
lo fund specialist staff posts.
We fund the non-core "extras. that are above and beyond that which is considered "core" to the NHS. What is
considered core NHS funding is increasingly open to debate. Our funding is provided to make the difference for
any child, or group ol children, accessing care in NHS Grampian, NHS Highland, NHS Sheiland, NHS Orkney and
NHS Tayside.
We also provide long-lerm project support such as The Archie Family Cenlre, which includes 19 bedrooms for
parents ol patients in Royal Aberdeen Children's Hospital, our Archie Play Leader, Archie Counsellor al Aberdeen
Neonatal Unil and major relurbishmenl or development projects within the NHS across our alea ol aclivily.
The charity makes a number ol grants lo individLJals and groups. The Board's granl-making policy dillerenliates
between diNerenl financial requests and requests lor varying purposes depending on funds available.
Applications lor support, to any part ol the charity, ol up to £2,000 are assessed lor support by the Chief Executive
or Director ol Business Services. These are assessed against the charity's purposes. any current guidance from
the Board andlor any existing restricted dorlalions. Applicants are typically advised ol an outcome within three
working days.
Applications lor support above £2,000 are assessed lor approval by the appropriate expert Committee who will
then make recommendations lo the Board. The Board make the linal decision. taking into aceounl the
recommendations - although they are not required to accept this advice.
REMUNERATION POLICY
The charity's stall remuneration is reviewed annually by the Chief Executive and Senior Management Team, who
make recommendations lo the Board. In 2025 the charity created a Flemuneration Committee who eonducled a
detailed and robust benchmarking exercise lo assess staff remuneration against comparative UK third sector roles
and similar roles within local organisalions, lo ensure that the remuneration sel is lair and compelilive. The
Remuneration Committee made recommendations lo the Finance and Govemance Committee and onwards lo the
Board ol Trustees lor approval.
VOLUNTEERS
The charity enjoys the support of many hiohly valued volunteers who make an important and siqnilicanl contribution
lo all aspects ol our work. Our "Meet & Greet" volunteers at RACH are olien the first point ol contact people have
with the charity., our volunteer bereavement responders can be a child's primary source ol support as they grapple
with the loss ol a loved one and many key aspects of our behind-the-scenes admin and fundraising activities are
led by Archie volunteers.

THE ARCHIE FOUNDATION
TRUSTEES, ANNUAL REPORT
2025 FINANCIAL PERFORMANCE
The budgei lor 2025 was agreed and approved by the Board ol Trustees in November 2024. 11 was inlenlionally
consetvalive, recognising the challenging economic backdrop al the lime. Total income achieved in 2024 exceeded
budget and expectation. such that our 2025 target was in lacl below our 2024 actual. The 2025 income target was,
lor these reasons, sel al £1.6m (below the 2024 lull year performance of £2.1ml bul with a stretch largel ol
£2.000.000. The stretch largel was exceeded, with a final income figure lor the year of £3,344,623, an increase ol
58°k. Expenditure equalled £1,968,50812024 - £1,708,284), reflecting a continued focus on cost management and
the result of our supporter-led strategy.
Total funds at 31 Decembèr 2025 totalled £3,290.740 {2024- £1.934,6251 ol which £2,477,00012024- £1.119,8291
are restricted funds Ilunds received that are restricted by the donor lor a specific purposel, and £813,74012024
E814,7961 that are unrestricted. of which £388,709 is designated lo live projecls12024 - £422,952) and £300,000
lo an operational reserve12024 £nill
Of the many funds operatgd by the charity, shown in note 17. there was no fund showing any signilieanl deficit. In
addition, during 2025, there were no subslanlial events that had a significant financial effect on the charity. however
the charity received a one-off donation of £1.5m from a generous supporter which has a reslricled requirement to
be used lor the purchase ol an MRI scanner in the Baird Family Hospital.
ARCHIE VENTURES LTD IN 2025
ARCHIE Ventures Ltd was created in 2018 10 incorporate the development of additional income streams for the
eharily. including the sale ol merchandise through the Oor Wullie Big Bucket Trail in la highly successful
fundraising trail run in partnership with EdinbLJrgh Children's Hosprtal Charity and Glasgow Children's Hospital
Charity in 20191. ARCHIE Ventures Ltd is a wholly owned company ol The ARCHIE Foundation.
There have be8n no ARCHIE Ventures trading projects in operation from 2020 to dale and the company lies
dormant while we assess lulure opportunities.
RESERVES POLICY
The Trustees have Teviewed the reserves required. taking into account the current and future liabilities. The
Trustees have agreed a SLJM of £300.000 be retained as part ol the charty's reserves as provision lor three
months operating costs.
The free reserves of the group, after allowing lor funds lied up in tangible fixed assets and designated funds, is
£123.291 12024 - £388,745).
Further reserves relate lo projects not yel ready lor inslallalion or not yel lully delivered and costs lor restricted
purpose. This includes funds lo support the n8w Baird Family Hospital in Aberdeen,. monies raised lo fund the
relurbishmenl of the Birnie Centre at Raigmore,. funds raised lo support future works al Ninewells Hospital and
funds donated lo support the work ol the RACH Neurology team.
Any other reseNes are only retained lor the day-lo-day activities of the charity and to ensure the Trustees ca
respond to urgent or emergency requèsts lor assistanc8.
RISK
The Trustees apply a low risk slrategy lor the OTganisation in terms of linancial investment and for project related
expenditures. Tho Truslees review the Risk Register on a quarterfy basis.
The Trustees maintain a position that funding should be lully available lor any project before il is commilled lo.
Where these projects span several years, reserves are created lo allow subsequent years, funding lo be available,
this would include any capital projects not yel ready lor installation or not yel lully delivered.

THE ARCHIE FOUNDATION
TRUSTEES, ANNUAL REPORT
INVESTMENT POLICY
The Trustees opt lor a low-risk investment policy with funds not immediately due lor use held in short-lerm notice
accounts up lo a maximum 011 year. Investments are made lo ensure sullicient funds are always available to the
charity to deliver oll comrnitments made. The Trustees have 30U9ht confirmation Irorn the banking Part￿er that
these funds are not invested in activities contrary lo the objects ot the charity.
The invoslment performance of £158.979 was up on the previous year1£111,2981. With the bank base interest
rates remaining favourable, the Board is salisfigd with this return, which was above expectations due to the
significant one-off £1.5m donation.
PLANS FOR THE FUTURE
Plans for the future are conseryative and are made with the instability ol the current economic climate very much
in mind. 11 is clear that need within our local communities will continue and there is every likelihood that we will
continue lo see increased demand lor our services. With budgetary pressure on the NHS such as il is, we expect
our NHS colleagues will increasingly iely on The Archie Foundation lor ongoing support.
Growth in our service delivery activities lin particular Archie's Child Bereavement Service) have seen our staff roll
increase consislenlly. Socuring multi-year funding lo support these roles is a priority lor th8 Fundraising 18am, with
the aim ol providing financial stability and security. The Finance and Governance committee and the senior
management team monrtor income and cost ongoing lo ensure that priorities are assessed and addressèd.
The charity is now embarking on a new live year strategy covering 2026-30. The plan has been shared with key
donors and supportors and can b9 roquostod by intorestod partlgs.
CONNECTED BODIES
ARCHIE Venlures Limited is a wholly owned subsidiary company which has a registered office address of 14
Carden Place, Aberdeen, AB10 1 UR - that ol our solieilors.
RELATIONSHIP BETWEEN THE CHARITY AND RELATED PARTIES
ARCHIE Ventures Limrted was set up as a subsidiary trading company of the chanty and donates ils prolils lo the
charity. Two Iruslees. Carol Munro (Board Chairl and David Sirachan are directors ol ARCHIE Ventures Limited.
The following individuals who were trustees ol The Archie Foundation for the period, or part ol the period, are
employees of NHS Grampian or NHS Tayside..
Paul Monaghan
Michael Reidy
GOING CONCERN
The Trustees are satislied that ihe acGounts should be prepared on a going concem basis. They have reviewed
the level ol reserves, the budget for both income and expenditure lor the next 12 months and also reviewed the
iisks lo the charity and its abilty lo continue to iaise funds in the future.

THE ARCHIE FOUNDATION
TRUSTEES, ANNUAL REPORT
PROVISION OF INFORMATION TO AUDITORS
Each ol the persons who are Iruslees al the lime when this Trustees, report is approved has confirmed that..
so far as that director is aware, there is no relevant audit information ol which the company and the group's
auditors are unaware, and
that each director has taken all the steps that ought lo have been taken as a director in order to be aware of any
information needed by the company and the group s auditors in connection with preparing their report and to
establish that the company and the group's auditors are aware ol that information.
AUDITORS
Anderson, Anderson & Brown Audit LLP have expressed their willingness lo continue in office and a resolution
proposing their re-appointmonl will be submitted at the annual geneTal meeting.
The report has been prepared in accordance with the special provisions relating to small companies within Part 15
ol the Companies Act 2006.
he Iruslees, report was approved by the board ol trustees and signed on its behalf.
Irene Bruce
Vice Chair
Date:
1-7 26
10

THE ARCHIE FOUNDATION
TRUSTEES, RESPONSIBILITIES STATEMENT
The Trustees (who are also directors ol The ARCHIE Foundation lor the purposes ol company lawl are
responsible lor preparing the Trustees. report and the financial slalomonls in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel.
Company law requires the Trustees to prepare financial statements lor eaGh financial year. Under company law
the Trustees musl not approve the financial statements unless they are satisfied that they give a Irkje and lair
view ol the stale ol affairs ol the charitable company and the Group and of the incoming resources and
application of resources, including the income and expenditure, lor that period. In preparing these financial
stalemenls, the Trustees are required to..
select suitablo accounting policies and then apply thern ¢onsislently',
observe the methods and principles ol the Charities SORP.,
make judgments and accounting estimates that are reasonable and prudent.,
prepare the financial statements on the going concern basis unless il is inappropriate to presuTne that the
char(tab5e Group will continue in operation.
The Trustees are responsible lor keeping adequate accounting records that are sufficienl lo show and explain
the charitable company and the Group's transactions and disclose with reasonable accuracy al any lime the
financial position ol the charitable company and the Group and enable them to ensure that the financial
slalemenls comply with the Companies Act 2006, the Charities and Trustee Investment (Scollandl Act 2005 and
the Charities Accounts (Scollandl Regulations 2006. They are also responsible for safeguarding the assets ol
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ol Iraud and other irregularities.

THE ARCHIE FOUNDATION
INDEPENDENT AUDITOR'S REPOFIT TO THE MEMBERS AND TRUSTEES OF THE ARCHIE FOUNDATION
Opinion
We have audited the financial statements of Ttte Archie Foundation lor the year ended 31 December 2025 which
comprise the Charity Statements ol Financial Activities, the Charity Balance Sheet, the Cash Flow Statement and
notes to the linaneial slatemenls. including a summary ol significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards.
including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic
ol Ireland (United Kingdom Generally Accepted Accounting Praclicel.
In our opinion the financial statements..
give a true and lair view ol the slate ol the charitable company's allairs as at 31 December 2024 and ol the
incoming resources and application of resources lor the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice.,
and
have been prepared in accordance with the requirements ol th8 Companies Act 2006. the Charities and
Trustee Investment (Scollandl Act 2005 and Regulations 6 and 8 of the Charities Accounts (Scotlandl
Regulations 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditor's respon8ibililies lor the audit
ol the financial slalemenls section of our report. We are independent ol the group in accordance with the ethical
requirements that are relevant lo our audit ol the financial slalemenls in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is sullicient and appropriate to provide a basis lor our opinion.
Conclusions r•lating to going Concern
We have nothing to report in respect ol the following matters in relation lo which the ISAS IUKI require us to report
lo you where..
the trustèès, usè ol the going Concern basis ol accounting in the preparation of the financial statements is not
appropriate., or
the Iruslees have not disclosed in the financial statements any identified material uncertainties that may cast
significant doubt about the group's or the charitable cornpany's ability to continue to adopt the going concern
basis ol accounting lor a period ot at least twelve months from the dale when the financial slalemenls are
aulhorised lor issue.
Other information
The trustees are responsibl8 lor the other information. The other information comprises the information included in
th8 annual report, other than the financial statements and our auditor's report Ihereon. Our opinion on the financial
slalemenls does not cover the other inlorrnalion and, except lo the exlenl olheNise explicitly staled in our report,
we do not ¢xpress any form ol assurance GonGlusion thereon.
12

THE ARCHIE FOUNDATION
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES OF THE ARCHIE FOUNDATION
Other information (continued)
In connection with our audit ol the financial slalements, our responsibility is to read the other information and, in
doing so, consider whether the other information is materially inconsislenl with the financial stalemenls. or our
knowledge obtained in the audit or othemise appears to be materially misstated. 11 we identity such rnaterial
inconsistencies or apparent rnalerial misslalemenls, we are required to delerrnine whether there is a rnalerial
misslalemenl in the financial slalemenls or a material rnisslatement of the other information. If, based on the work
we have performed, we conclude that there is a material misstatement ol this other information, we are required lo
report that fact.
We have nothing lo report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion based on the work undertaken in the course of our audit
the information given in the trustees, report. which includes the directors, report prepared lor the purposes ol
company law. lor the financial year loi which the finallcial statements are prepared is consistent with the
linanr.i21 .qtatp.mAnts-, and
the directors, report included within the trustees, report has been prepared in accordance with applicable legal
requirements.
Matters on which we are required to report by exception
In light ol the knowledge and undorstanding ol the charitable Gompany and their environment obtained in the course
ol the audit, we have not identified material misslalemenls in the directors, report included within the Iruslees.
report.
We have nothing to report in respecl of the following matters in relation lo which the Companies Act 2006 and the
Charities Accounts Iscollandl Regulations 2006 require us lo report lo you it, in our opinion:
adequate and proper accounting ieeords have not been kept., or
the financial slalemenls are not in aoreemenl with the accounlinq records and relurns., or
certain disclosures of Irusleès, remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit., or
tho trustoos wero not ontillod to prgpare ths financial statgments in accordanco with the small companies.
regime and lake advaniage ol the small companies, exemption in preparing the Iruslees, report.
R¢sponsibilities of trustee
As explained more lully in the Iruslees, responsibilities statement sel out on page 12, the Iruslees (who are also
Ilie LlireLlors ol the Lliaritable uoiiipaiiy lor th& purposes ol coinpany lawl are respon¥ible lor Ilie prepdralioii ol tlie
financial slalements and for being satisfied that they give a true and lair view, and lor such internal control as the
Iruslees determine is necessary to enable the preparation ol financial slalemenls that are free from material
missiaiemeni, whether due io fraud or error.
In preparing the financial slalemenls, the Iruslees are responsible lor assessing the charitable company's ability lo
continue as a going concern, disclosing. as applicable, mallers related lo going concern and using the going
concern basis ol aeeounling unless the trustees either intend lo liquidate the charitable company or lo cease
operations, or have no realistic alternative but lo do so.

THE ARCHIE FOUNDATION
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES OF THE AFICHIE FOUNDATION
Auditor's responsibilities for the audil of the financial statements
We have been appointed as auditor under section 4411 Ilcl ol the Charities and Trustee Investment IScolland} Act
2005 and under the Companies Act 2006 and report in accordance with the Acts and relevant regulations made or
having ellecl Ihereunder.
Our objectives are lo obtain reasonable assurance about whetherthe financial statements as a whole are free from
material misstatement, whether due to Iraud or error. and lo issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance
with ISAS IUKI will always delect a material misstalemenl when il exists. Misstatements can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence
the economic decisions of users taken on the basis ot these financial statements.
Irregularities. including fraud. are instances ol non-compliance with laws and regulations. We design procedures in
line with our responsibilities, outlined above, lo delecl material misstat8m8nts in respect of irregularities, including
fraud. The extent to which our procedures are Capable ol detecting irregularities, including fraud is detailed below..
We are not responsible for prevonling non-compliance and cannot be expected to delect non-compliance with all
laws and regLJlalions - this responsibility lies with management with the oversight of the trustees.
Based on our understanding ol the Charitable Company and industry, discussions with management and Iwslees
we identified financial reporting standards and Companies Act 2006 as having a direct ellecl on the amounts and
disclosures in the financial slatemenls.
As part ol the engagement team discussion about how and where the Charitable Company's financial slalemenls
may be materially misslaled due lo fraud, we did not identify any areas with an increased risk of fraud.
Our audit procedures included-
completing a risk-assessment process during our planning lor this audit that specifically considered the risk ol
fraud.,
enquiry ol manag8m8nl about the Charitable Company's policies, procedures and related controls regarding
compliance with laws and regLJlalions and il there are any known instances ol non-compliance,.
examining supporting documents for all material balances, transactions and disclosures.,
review, where applicable, ol the Board ol Trustees, minutes.,
enquiry of management. about liligalions and claims and inspection ol relevant correspondence.,
evaluation ol the selection and application of accounting policies related to subjective measurements and
complex transactions.
analytical procedures lo identify any unusual or unexpected relationships;
specific aLJdil lesling on and review of areas that could be subject lo management override ol controls and
potential bias, most notably around the key judgments and estimates, including the carrying value ol accruals.
recoverability of trade debtors and income recognition.,
considering management override ol controls outside ol the normal operating cycles including testing the
appropriateness ol journal entries recorded in the general ledger and other adjustmerils made in the
preparation of the tinancial statements including evaluating the business rationale of significant transactions.
outside the normal course ol business.
Owing lo the inherent limitations ol an audit, there is an unavoidable risk that some material misstatements of the
financial slalements may not be detected, even though the audit is properly planned and perfom)ed in accordance
with the ISAS IUKI.
The potential effects of inherent limit81ions are particularly significant in the case ol misslalemenl resulting from
fraud because Iraud may involve sophisticated and carefully organized schemes designed lo conceal it, including
dgliberate failure to record Iransaclions, collusion or intentional misrepresentations being made lo us.
14

THE ARCHIE FOUNDATION
INDEPENDENT AUDITOR'S AEPORT TO THE MEMBERS AND TRUSTEES OF THE ARCHIE FOUNDATION
A further description ol our responsibilities lor the audit ol the financial statements is located on the Financial
Reporting Council's website at: www.frc.org.uklaudilorsresponsibilities. This description forms part of our auditor's
report.
Use ot our report
This report is made solely lo the charitable company's members, as a body, in accordance with Chapter 3 01 part
16 01 the Companies Act 2006, and lo the charitable company's Iruslees, as a body, in accordance with Regulation
10 ol the Charities Aecounts (Scollandl Regulations 2006. Our audit work has been undertaken so that we might
slate lo the charitable company's Members and Iruslees those matters we are required lo stale lo them in an
auditor's repofl ancl lor no Oiher purposo. To the lullesi exient permffted by law, we do noi accepi or assume
responsibility lo anyone other than the charitable company, the charitable company's members as a body and the
charrtable company's trustees as a body, lor our audit work, lor this report, or lor the opinions we have formed.
Derek S Mair
Senior Slatulory Auditor
For and on behalf ol
AAB Audit & Accountancy Limited
Statutory Auditor
Kingshill View
Prime Four Business Park
Kingswells
Aberdeen
AB15 8PU
Dale..

THE ARCHIE FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 DECEMBER 2025
2025
Total
Funds
2024
Total
Funds
UnrestTlCted
funds
Restricted
lunds
Note
INCOME AND ENDOWMENTS FROM..
Donations and legacies
Other trading activities
Investments
572,209
194,668
104,483
2,137.694
281,073
54.496
2,709,903
475.741
1 $8,979
1,591.334
411,952
111,298
TOTAL INCOME
871,360
2.473,263
3,344,623
2,114,584
EXPENDITURE ON..
Raising funds
Charitab18 8cl-vil*ès
127,294
579,121
229,490
1.052,603
356.784
1.631,724
255,803
1.452,481
TOTAL EXPENDITURE
706,415
1,282,093
1,988,508
1,708,284
NET INCOMEI IEXPENDITUREI
164,945
1,191,170
1,356,115
406,300
Transfer between funds
1166,0011
166,001
NET MOVEMENT IN FUNDS
11,0561
1,357,171
1,356,115
406.300
RECONCILIATION OF FUNDS
Total funds bn)ught lotward
17
814.796
1,119,829
1,934,625
1,528,325
Tolal funds Carried forward
17
813.740
2,477,000
3,290,740
1,934,625
The company has made no gains or losses other than as reported above.
The notes on pages 20 10 34 form part ol these financial slatemerrts.
16

THE ARCHIE FOUNDATION
COMPANY NUMBER: SC340297
BALANCF qHF.ET- qi fJECEMBER ?.ng.
2025
2024
Note
FIXED ASSETS
Tangible fixed assels
Invesimenis
12
1.740
3,099
1,742
3.101
CURRENT ASSETS
Debtor5
Cash al bank and in hand
98,794
4.563,373
139,141
3,048,218
4.662,167
3,187,359
CREDITORS.. amounts falling due WAthin one y8Ar
1,373,169
1,255,835
NFT e.IIARENT A8.8ET
3.288.998
1.931.524
TOTAL ASSETS LESS CURRENT LIABILITIES
3,290.740
1.934,625
NET ASSETS
3,290,740
1,934,625
FUNDS
Unrestricted
125,031
688.709
2,477.000
391,844
422,952
1,119,829
Designated
Reslricled
3.290.740
1,934.625
Signed on behalf ol the Board of Trustees
Irene B
uce
Chair ol the Board ol Trustees
Dale:
The notes on pages 20 10 34 lorffl part ol the financial slalemenls.

THE ARCHIE FOUNDATION
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2025
2025
2024
Cash flow from operating activilies
Net cash Ilow from operating activitie8
19
1,356,176
438,659
Cash flow Irom investing activities
Interest rècèived
Purchase ol tangible lixed assets
158,979
111,298
Net cash Ilow from investing activlties
158,979
111,298
Increase in cash and cash equivalents in the year
1.515.155
549.957
Cash and cash equivalents at 31 December 2024
3,048,218
2,498.261
Cash and cash equivalents at 31 December 2025
4,563,373
3,048.218
Cash and cash equivalents comprise:
Gash at bank and in hand
3,048,21 B
2,498,261
4,563,373
3.048,218
18

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
ACCOUNTING POLICIES
lal Company infonnalion
Tho ARCHIE Foundation is a private Gompany limittsd by guarantee, incorporated in Scotland. The registered
ollice is given on page 1 01 these financial statements. The nature ol the charity's operations and principal
activities are sel out within the Trustees, Aeport on page 2.
Ibl 88sis of financial statements pr8paralion
The financial statements have been prepared in accorclance wilh Accounting and Reponing by Chariiies..
Slalemenl ol Recommended Practice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Aepublic ol Ireland IFRS 1021 lelfeclive 1 January
20151- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Rèpublic of
Ireland IFRS 1021 and the Cornpanies Act 2(XJ6.
The ARCHIE Foundation meets the definition ol a public benefit entity under FRS 102. Assets and liabilities
are initially recognised al historical eosl or transaction value unless otherwise slated in the relevant
accounting policy.
Icl Going concern
The Iruslees, having made due and carelul enquiry and preparing lorecasls, are of the opinion that the
company has adequate working capital lo execute ils operations over the next 12 months. The Iruslees,
therefore, have made an inlormad judgomont, at the timo ol approvin9 th8 linaneial gtatèmgnts, that thar6 is
a reasonable expectation that the company has adequate resources to continue in operational existence for
the foreseeable future. As a result, the Iruslees have continued lo adopt the going Concern basis of
accounting ill preparing the annual financial statements.
Idl Consolidation
Group financial statements have not been prepared as the subsidiary company is dormant in the year lo 31
December 2025 and this would not have a material effect on the results ol the group.
lel Income
All income is reco9nised once the Charitable Company has enl((lemenl lo the income, it IS PTobable that the
income will be received and the amount ol income receivable can be measured reliably.
For legacies, entillemenl is taken as the earlier ol the dale on which either.. the Charitable Cornpany is aware
that probate has been granted, the eslale has been linalised and nolilicalion has been made by the
execulorlsl lo the Charitable Company that a distribution will be made. or when a distribution is received from
the eslale. Receipt ol a legacy. in whole or in part, is only considered probable when ihe amount can be
measured reliably and the Charitable Company has been nolilied of the executor's intention lo make a
distribution_ Wh9ro legacies have been notified to the Charitablé Company. or thè Charitablé Company is
aware ol the granting ol probate, and the criteria for income recognition have not been met, then the legacy
is Irealed as a conlingenl asset and disclosed il material.

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
ACCOUNTING POLICIES Icont.)
{el Income Iconl.)
Donated services or facilities are recognised when the Charitable Company has control over the item, any
conditions associated with the donated item have been met. the receipt ol economic benefit from the use ol
the Charitable Company of the item is probable and that economic benefit can be measured ¥eliably.
On receipt, donated professional seNices and donated facilities are recognised on the basis ol the value ol
the gill lo the Charitable Company which is the amount the Charitable Company would have been willing lo
pay lo obtain services or facilities ol equivalent economic benefit on tha open market., a corresponding
amount is then recognised in expenditure in the period ol receipt.
Income from other trading activities includes income earned from fundraising events and trading activities lo
raise funds lor the Charitable Company. Income is received in exchange lor supplying goods and setvices in
order lo raise funds and is recognised when entitlement has occurred.
Income tax recoverable in relation to donations received under Gill Aid or deeds ol covenant is recognised
at the lime ol the donation.
Incorne tax recoverable in relation to investment income is recognised at the time the investment income is
receivable.
Expenditure
EXpend￿ture is recognised once there is a legal or constructive obligation lo transfer economic benefit to 8
third party, il is probable that a Irans18r ol economic benefits will be reqLJired in settlement and the amount ol
Ihg obligation can be measured reliably. Expenditure is classified by activity. The costs ol each activity are
made LJP ol the total ol direct costs and shared costs. including support costs involved in undertaking each
activity. Direct costs allribulable to a single activity are allocated directly to that activity. Shared costs which
contribute to more than one activity and support costs which are not attributable to a single activity are
apportioned between those activities on a basis consistent with the use ol resources. Central staff costs are
allocated on the basis of lime spent, and depreciation charges allocated on the portion ol the asset's use.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs ol
disseminating information in support ol the charitable aclivilies. Support costs are those costs incurred
directly in support of expenditure on the objects of the Company and include project management carried out
at Headquarters. Governance costs are those incurred in connection with adminislralion ol the Company and
compliance with constitutional and slalulory requirements.
Costs ol generating funds are costs incurred in attracting voluntary income, and those incurred in trading
activities that raise funds.
Charitable activities and Govemance costs are costs incurred on the Company's charitable activities,
including support costs and costs relating to the oovernance ol the Company apportioned lo charitable
activities.
Grants payable are charged in the year when the oller is made except in those cases where the offer is
conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants
ollered subject lo conditions which have not been met at the year end are noted as a commitment, but not
accrued as expendilure.
All gxpenditure is inclusive ol irrecoverable VAT.
20

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
ACCOUNTING POLICIES Iconl.)
Igl Taxation
Tlie Charitable Company is GonsidEfBd tg pass the tests set out in Schedule 6. Part 1 01 the FinanGe Act
2010 and therefore il meets the definition of a charitable company lor UK corporation lax purposes.
Accordingly. the Company is polenlially exempl from taxation in respect ol income or capital gains received
within categories covered by Part 11, Chapter 3 01 the Corporation Tax Act 2010 or Section 256 of the
Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively lo
charitable purposes.
Ihl Government grants
Grant income is recognised once the Charity has enlillemenl lo the income, il is probable that the ￿ncoMe will
be received, and the amount ol income receivable can be measured reliably. Where terms or conditions are
attached to grants, these musl be mel before the income is recoqnised as the enlitlemenl condition will not
have been satisfied until that point. Where terms or conditions have not been mel or uncertainty exists as to
whelher they can be mel thon the relevant income is deferred.
Investments in subsidiaries
Investments in subsidiaries are valued at cost less provision for impairment.
Tangible fixed assets and depreciation
All assets costing mole than E1.000 are capitalised.
A revigw lor impairment ol a fixed asset is carried out il events or changes in circufflslances indicate that the
carrying value ol any fixed asset may not be recoverable. Shortfalls between the carrying value ol fixed assets
and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the
Gonsolidated statement ol Ilnanclal aciivllles Incorporaiing Income and expendlture account.
Tangible fixed assets are carried at cost. net ol depreciation and any provision for impairment. Depreciation
is provided at rates calculated lo write off the cost ol fixed assets, less their eslimaled residual value, over
their expected usèful lives on the following bases..
Fixture. lrttings & equipment
Website
25% reducing balance or 4 years slraighl line
3 years slraighl line
Ikl Fund accounting
Unrp4trirtgd funds are available lor use at the discretion of the Trustees in furtherance ol the general
objectives ol the Charitable Company and which have not been designated lor other purposes.
0è8i9natad funds compriso unr9Strictgd funds that have b99n sol a5ido by tho Tfust90s lor partieular
purposes. The aim and use ol each designated fund is set out in the notes lo the financial slalemonts.
Restricted funds are lunds which are lo be used in accordance with specific restrictions imposed by donors
or which have been raised by the Charitable Company lor particular purposes. The costs ol raising and
administering such funds are charged against the specific fund. The airn and use ol each restricted fund is
el oul iii Iliv iiotes lo tlie linaiicial stateiiients.
21

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
ACCOUNTING POLICIES Iconl.)
Debtors
Trade and other debtors are recognised al the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Im) Cash al bank and in hand
Cash al bank and in hand includes cash and short term highly liquid investments wrth a short maturity of
twelve months or less from the date of acquisition or opening ol the deposit or similar account.
Inl Liabilities andprovisions
Liabilities are recognised when there is an obligation at the Balance sheet dale as a result ol a past event. it
is probable that a Iransler of economic benefit will be required in settlement, and the amount ol the settlement
can be estimated reliably. Liabilities are recognised al the amount that the Charitable Company anlicipales
il will pay lo sellle the debt or the amount il has received as advanced payments lor the goods or services it
musl provide. Provisions are measured al the best estimate of the amounts requiTed to settle the ob11galion.
Where the effect ol the lime value ol money is material, the provision is based on the present value of those
amounts, discounted al the pre-tax discount rale that Teflecls the risks specific lo the liability. The unwinding
ol the discount is recognised wrthin interest payable and similar charges.
lol Financial instrumenls
The Charitable Company only has financial assets and financial liabilities of a kind that qualify as basic
financial inslrumenls. Basic financial instruments are initially recognised al transaction value and
subsequ8nlly measured al their selllemgnl value with the exception ol bank loans which are subsequently
measured al amortised cost using the ellective interest method.
Ip} Pensions
The charity operate8 a defined contribution plan lor its employees. A defined contribution plan is a pension
plan undèr which the group pays fixed contributions into a separate enlily. Once the contributions have been
paid, the charity has no further payment obligations.
The contributions are recognised as an expense in the Statement ol Financial Activities when they fall due.
Amounts nol paid are shown in accruals as a liability in the Balance Sh8el. The assets ol the plan are held
separately from the charity in independently administered funds.
22

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
JUDGMENTS IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION
UNCERTAINTY
Eslimales and judgments are continually evaluated and are based on historical experience and other factors.
inGluding expectations ol future events that are believed to be reasonable under the GifGUm5tanGes.
Critical accounting eslimales and assumptions=
The Charitable Company makes estimates and assumptions concerning the future. The resulting accounting
esliTnales and assumptions will seldom equal the related actual results.
Useful econom￿ life of tangible fixed assets
The annual depreciation charge lor tangible fixed assets is sensitive lo changes in the useful economic lives
and residual values of the assets. Useful lives and residual values are reassessed annually. They are
assessed where necessary lo reflect current eslimales based on economic ulilisalion and physical condition.
INCOME FROM DONATIONS AND LEGACIES
2025
2024
Donations and legacies
2,709,903
1.591,334
2.709.903
1.591.334
Allribulable lo funds as lollows..
Unrestricted
Reslricled
572,209
2,137,694
950,206
641,128
2.709.903
1,591,334
Included within donations are amounts lolalling £93,02012024'. £74,120) in relation lo donated goods and
seNices.
23

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
INCOME FROM OTHER TRADING ACTIVITIES
2025
2024
Fundraising events and m&rchandise
475,741
411,952
475.741
411,952
Attributable lo funds as lollows-.
Unreslricled
Restricted
194,668
281,073
236,651
175,301
475.741
411.952
INCOME FROM INVESTMENTS
2025
2024
Bank interest r8ceivable
158,979
111.298
Altribulable lo funds as follows..
Unrestricted
Restricted
104,483
54,496
111,298
158,979
111,298
EXPENDITURE ON RAISING FUNDS
2025
2024
Cost ol generating donations and
legacies
Cost ol fundraising events
263,697
93,087
169.881
85,922
356,784
255.803
Attributable to funds as follows..
Unreslricled
Reslricled
127.294
229,490
116,611
139,192
356.784
255,803
24

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
EXPENDITURE ON CHARITABLE ACTIVITIES
2025
2024
Direct costs
Stall costs
Grant funding (note 81
383,367
934,073
337,414
799,900
1,317,440
1,137,314
Support costs
Stall costs
Depreciation
Marketing
Eslablishmenl costs
Computer and IT
Ollice expenditur&
Training and recruilmenl
Travel and subsistence
Audit and accountancy lees
Professional tees
1 $8,931
1,359
53.306
5,618
28,320
13,321
1,617
9,105
10,608
32,099
167,014
1,406
18.667
6,179
30,844
12,684
18,292
9,179
10.368
40,534
314,284
315,167
Total
1.631,724
1.452,481
Attributable to funds as follows..
Unrestricted funds
Reslricled funds
579,121
1,052,603
643,60d
808,877
1.631,724
1.452.481
25

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
ANALYSIS OF GRANTS
lal Current year
Direct
funding
Grant
funding
2025
Grants lo inslilutions..
NHS Grampian
NHS Tayside
NHS Highland
187,842
11,109
24,050
373,114
50,586
174,873
560,956
61,695
198,923
Grants lo inslilulions
223,001
598,573
821,574
Grants lo individuals
112.499
112.499
Total
223,001
711,072
934,073
Ibl Prior year
Direct
funding
Grant
funding
2024
Grants lo inslilulions..
NHS Grampian
NHS Tayside
NHS Highland
142,138
14,654
14,879
417,705
58,212
58,096
559,843
72,866
72,975
Grants lo inslilulions
171,671
534,013
705.684
Grants lo individuals
94,216
94,216
Tolal
171,671
628,229
799,900
26

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
NET MOVEMENT IN TOTAL FUNDS FOR THE YEAR is slated aftercharging..
2025
2024
Depreciation
-owned assets
Auditors, remuneration
-audit fees
1,359
1,406
10,606
9,960
11,067
11,366
10. STAFF COSTS AND NUMBERS
The avorage number ol persons employed by the charity dL¢ring the year was as follows..
2025
2024
Average number ol employees during the year..
Full lime
Part lime
14
12
11
25
23
2025
2024
Staff costs..
Wages and salaries
Social security costs
Pension costs
680,440
67,268
31,265
583,726
46,556
27.344
778,973
657,626
The numb@i ol erripluygeb wliv reL¥ivetJ ieiiiuiieralion during tlie year iri tlie lu11owii)g iaiiges were..
2025
No.
2024
£60,000 - £69,999
27

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
10. STAFF COSTS AND NUMBERS Iconlinuedl
The average number of key management personnel during the year was 612024 - 51. At the year-end there
was a lolal 017 key members ol staff.
Key management personnel received remungration, including employer's national insurance conlribLrtions
lor their services during the year as follows:
2025
2024
Key management per80nnel
357.381
244,714
11. TRUSTEE REMUNERATION
No directors lor any persons connected with them) received any remuneration ol benefits from the company
during the current or prior years.
During the year expenses of £1,14912024 - £1.1211 were paid lo 412024 21 ol the trustees in relation to
travel eosls and charitable èxpenditure. This comprisèd £1,14912024 - £1,121) paid directly lo trustees and
£012024 £0} paid lo third parties lor expenses incurred.
12. TANGIBLE FIXED ASSETS
Fixtures &
fillings
Computer
equipment
Total
Cost
Al 1 January 2025
14.930
14,930
Al 31 December 2025
14.930
14,930
Depreciation
Al 1 January 2025
Charge for year
Al 31 December 2025
11.831
1.359
11,831
13.190
13,190
Net book value
Al 31 December2025
1,740
1,740
Al 31 Decernber2024
3.099
3,099
28

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
13. FIXED ASSET INVESTMENTS
2025
2024
Investment in subsidiary
undertakings
The charity nwns 1000l• nl Ihg. issiJAq nrrlinary sh2rA rApitAI I? nrdinary sharAS nl Pl p2rhl nl ARe.HIF
Ventures Limited, a company incorporated and registered in Scotland (company number SC4125931, having
i(s registered office at 14 Carden Place, Aberdeen.
ARCHIE Venlufes Limited was Dormant in the year with net assets ol £1,52712024 - £1,527)
DEBTOAS
2025
2024
Trade debtors
Other debtors
Prepayments
38,863
45,479
14,452
47,428
80,063
11,650
98,794
139,141
15. CREDITORS.. amounts falling due wilhin one year
2025
2024
Trade creditors
Amount due to group undertakings
Other laxalion and social security costs
Accruals and deferred income
Other creditOTS
39,945
32,485
17,985
1,241,716
73,521
18.598
1,062,750
142,000
1,373,169
1,255,835
16. FINANCIAL INSTRUMENTS
2025
2024
Financial agsets
Financial assets measLJred at
amortised cost
4,662,167
3,187.359
29

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBEFI 2025
17. FUNDS
lal Ctjrrent year
At1
January
2025
A131
December
2025
Income
Expenditu
Transfers
Restrieted lunds
Angela Monica Fund
Baird Family Hospital Appeal
Dr Gray's Children's Ward
Archie al Aberdeen Neonatal Unit
Tayside Appeal
Highland Appeal
Archie Child Bereavement SeNKes
21,291
7.985
12,877
57,195
126,341
358,968
81,576
14,5761
118,8131
11811
188,7151
1221,2261
1394,4501
283, 177
16,715
1,636,382
12.454
34.722
81.016
253.559
51.145
1.647,210
758
66,242
133,044
344,601
157,689
42,857
155.5601
95.057
666,233
2.349,544
11,011,1381
82,354
2.086.993
Othèr restricted funds
453,596
123,719
1270,9551
83,647
390,007
Total r88trlet•d lunds
1,119,829
2.473,263
11,282,093>
166,001
2.477,000
Total deslgnated funds
422.952
33,993
165,8631
297.627
688.709
Total unr•strlet•d funds
391,844
837.367
1640,5521
1463.6281
125,031
Total lund8
1,934,625
3,344.623
11,988,508>
3.290,740
30

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS-31 DECEMBER 2025
17. FUNDS Iconlinuedl
Ibl
Prior year
At1
January
2024
At31
December
2024
Inctsmg
Expendrturg
Transle
Restricted fund8
Angela Monica Fund
Baird Family Hospital Appeal
Dr Gray's Children's Ward
Archie al Aberdeen Neonatal Unil
Taysid8 App881
HlghlanJ Appeal
Highland Appeal- Fresh Air
Archie Child Bereavement Services
22.091
18001
121,1211
12,6411
186,3531
1127,0741
1146.6791
117,4791
1241,6371
21.291
7,985
12,877
57,195
126,341
358,968
7,015
1,605
76,595
60,231
229,394
22.091
13,913
116,953
150,254
287.841
7.891
88,716
150.0001
42.930
19,5881
9.588
3Q,050
204,447
81,576
687,659
579,287
1645,7841
45.071
666,233
Oth&r iestricted funds
252,018
2ts7,141
1302.2841
266.721
453,596
Total restrleted lunds
939,677
816,428
1948,0681
311.792
1,119,829
Total designated fvnds
194,050
98,8
1147,0421
2Th.144
422,952
Total unrestricted lund8
394,598
1,199,356
1613,1741
1588.9361
391,844
Total fund¥
1.528,325
2,114,584
11.708.284)
1,934,625
31

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
17. FUNDS Icontinuedl
Restricted funds are specifically lor departments or cases and can only be used for that specified fund. The
most significant funds are used lor the following purposes:
Angela Mon￿8 Fund
This fund was sel up lor the reslricled purposes of supporting children with clubfool andlor research into
clubfool.
Baird Family Hospital Appeal
The Baird Family Hospital Appeal was launched in October 2019 to raise funds lorthe Neonatal and Malernity
unrts al the new family hospital al Aberdeen Floyal Infirmary.
Dr Gray's Children s Ward
This relates to fundraising for the refurbishment of the children'8 ward at Dr Gray s Hospital in Elgin.
Archie at Aberdeen Neonatal Unit
These funds are lo be used lo promote the eslablishmenl, maintenance and management ol a continuing
support group lo parents, in Grampian and environs, with babies in the Special Nursery al Aberdeen Maternity
Hospital.
Tayside Appeal
These are funds that have a reslricled purpose lor supporting specific projects or activities in Tayside.
Highland Appeal
These are funds that have a ieslricled purpose for supporting specific projects or aclivf(ies in Highland.
HighlandAppeal- Fresh Air
This appeal was sel up lo create outdoor space and play areas al the Children's Highland Unil al Aaigmore.
Archie Child Bereavement se￿1c8s
This is a reslricled fund with the purpose ol providing bereaved children and their families, NHS Stall and
Schools with help and support when dealing with a b8reavament. Support can be the provision ol specialist
bereavement books, dedicated volunteer visits and activity days lor children and training and conferences
lor NHS stall, professionals from Social Work and other third sector, schools and volunteer bereavemeTIt
respondeis.
32

THE ARCHIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- 31 DECEMBER 2025
18. ANALYSIS OF NET ASSETS BETWEEN FUNDS
lal Current year
Unreslricled
lunds
Reslricled
funds
Total
Funds
Fixed assets
1,742
811.998
1,742
3,288.996
Nel currerrt assets
2,477,000
813,740
2,477,000
3,290,740
Prbor year
Fixed assets
Nel current assets
3,101
811,695
3.101
1,937,524
1,119,829
814,796
1,119,829
1,934,625
19. RECONCILIATION OF NET MOVEMENT IN FUNDSTO NET CASH FLOW FROM OPERATING ACTIVITES
2025
2024
Nel incomellexpenditurel lor the year las pgr statement of financial
acliviliesl
Adjustment for-
Depreciation charges
Interest received
Decrease in debtors
Increase/ldecreasel in creditors
1,356,115
406,300
1,359
{158,9791
40.347
117,334
1,406
1111,2981
1101,6831
243,934
Nel cash flows used in operating activities
1.356,176
436,659
20. RELATEO PARTY TRANSACTIONS
Throughout the year the Charitable Company was controlled by th8 Board ol Trustegs.
In 2024 the husband of one ol the trustees was employed, receiving remurieration of £3,301 from the Charity.
This employee retired in February 2024 and therefore no remuneration was received in 2025.
During the year expenses of £1,14912024 - £1.1211 was paid lo 412024 - 21 ol th8 Irusleos in relation to
charitable expenditure. This comprised of £1,14912024- £1,121) being paid directly lo liuslees and £012024
£01 paid lo third parties lor expenses incurred.
21. LEGAL STATUS
The Archie Foundation is a company limited by guarantee and not having a share capital. The members,
liability in the event ol windinq up is limited by quaranlee nol exceedinq £1 per member.
33