REGISTERED COMPANY NUMBER.. SC366401 IScotl#ndl
REGISTERED CHARITY NUMBER: SC040917
rt of the Trustees Hnd
Unaudited FitLancial Statements for the YeAr Ended 3151 October 2025
ith Valle
LEAF Tru
Farrie8 Kirk & McV¢an
Chartered Accounianls
Durntric5 EnttTpn5e Park
Heaihhall
lJumtri¢s
DUMFRIESSHIRE
DGI 3SJ

ith Valle
LEAF Trust
Contents of the Financial StAtements
for the Year Ended 31st October 2025
P&ge
Report of the Trustees
Independent ExAmffiner'$ Report
Ststement of Financial Activities
Balance Sheet
Nott5 to the FinAneiAI StRtements
8 to 17
DetAlled Stitement of Fln*rttlAI Actkvltles
18 ie 19

Nith Vfille
LEAF Trust
ort of tht Tru$tee$
ror the YeAr Ended 31st Oc(ober 202S
Thc Irustccs who 7￿c also dir¢ctor5 of th¢ charity for tli¢ purpose5 of ihe Companies Aci 2006, preseni Iheir report wilh th¢ financial
statttncnts of the charity for the ycar ended 3 Isi Ociobcr 2025. Thc tru51¢cs have adopted the provisions ofAccounling and Reporting by
Chariiie5.' Siatemeni of Recommended Praciice applicable to charities pr¢paring iheir accounts in 8CCOTdance with the Financial Rerorting
Slandard applicablc in the UK and RepubliL ol. Ireland IFRS 1021 lellectivc l January 20191.
OBJECTIVES AND ACTIVITIES
In accordance with ihe Memorandum of Association of th¢ company..
The company has bccn formed to benefit the community of Closebum as defined by all the pJ5tcode units within DG3 SH and DG3 5J
and wilh the following PuTP05¢S'.
To mjnage community land and asstsciated 955ets for the benefit ol the community and the public in general following princtples of
sustainabl¢ development. wher¢ susiainablt development rneans development which meets the needs of the present without compromisin8
the ability of fuiurc 8cnLralions iu tnect thciT own nccds.
To provid¢, or assist in providing, recreational laciliites, andlor organising recreaiional 2CIIVllies, which will be avtilable 10 members of
the public ai large with thc objcct of itnproving Ihc condilioTJ5 of life ai)d health of the Cornmunity and following princip1¢5 of sustainablc
d¢v¢loptnent.
To advance community developTn¢ni. in¢luding urban or Tural r¢g¢ncration. following priDGipl¢s of sustainable d¢vcloptn¢nt.
To advance the education of the Community aboui its environmeni, ¢uliure. heriuge andloi h2story.
To advancc environmental protection or irnprovemeni tncluding preservation. and ¢ons¢rvalion oftht naiural cnvironmenl. Ihe promoiion
of sustainabl¢ developmeni. ihe maintenance. improvement or provision of cnvironmenlal ameniti¢s for ihe community andlor the
preservaiion of buildings or sites of architetlural, hisioric er oiher irnpori&nc¢ to th¢ community.
ACHIEVEMENTS AND PERFORMANCE
The charily has 5UCCe5sfully funded the purchase ora Inodern house 120151 and Ihe building of 3 new Passivhaus homes120201. the latier
the first in Scoiland to bc owned by 2 Comtnunity Trust and Ihc acquisition of thc FX)St offic¢ hous¢ 120231. Thcsc have all b¢en tnad¢
available 10 s'oung families wilh local connection5 lor affordable r¢nr5. It has also le￿¢d for 25 years rhc old church orchard as a
OEnmvnity garden and acquired the primary sLhool field by donaiion as an assei transfer in March 2023 to develop ii as a ¢otnmunity
space for events and activities and has added a Roundhous¢ and Active Travel hub in 2024.
FINANCIAL REVIEW
Principal funding sources
Durine iht ycar und¢r review the charity rec£ived extensive funding from the National Loticry, Dumfries & Galloway Counril ANCBC,
SSE Clyde, SOSE Coinmunity Funds iowards the Orchard, Shop, Gala Field. Roundhouse and A¢tiv¢ Travel hub.
Investment poli¢y and objettivts
Under Ihc Memorandum of IS￿¢18110n. the Tru5tee5 are not limited in the typcs of investment they May make However. io da* the
Trustees ha￿¢ made no invcslments other than cash deposits.
Reserves policy
Tht chdrily hts suffi¢ieDt op¢raling reserves to fund its ongoing acitrvities. Th¢ irus*es ¢onsideT th¢ financial position of the charsty to be
Satisfactory.
The Lharily h05 UnTe5tricied fund5 of £722.78212024 . £348,930) and ￿striCt¢d funds of £103,063 {2024- £469,121 meaning total funds
£825,84512024- £818.0321
Principhl risks uthtertslnti¢$
The trusiees closely rnonitOT the risks and uncenainrics faced by IhL Lharity. Th¢y wntinv¢ to EKliev¢ the giratesi risk facin8 Ihe charity is
the loss of a tenant and ihertfore in¢om¢ 01 an Tncrea5¢d mortgagc co￿. However, this 18 mitigated via insurance. It 15 in place It is highly
unlikely any vacancy would be for other ihan L short-*rm period. During 202314 Incre￿.5 in monihly mortgage paytnents wer¢ tnet by
payin8 down ihE tnortgage iolal and increasing the rental receipts.
The Irusiees do not believe the charity face any oiher si8nifJc&rtt Tisks or unc¢rtaintie5.
Pa8e I

Nith VAlle
LEAF Trust
ort of the Trustees
lor the Year Ended 315t October 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Govertting do¢ument
The charity is controlled by its goveTning do¢um¢ni. ils memorandum and articles of &S8ociatio￿ and constitutes a limi*d comparty,
limiied by guaraniee. as defined by the Companic5 Act 2006.
Thc schemc wa5 incorporated on 1st October, 2009. and ha5 ken Tegister¢d wilh lh¢ Office of the Scottish Charity RegulaloT &8 a charity.
Recruitmetit And Appointment of new trustee5
The governing document States that the number ot. Irustt¢5 shall not b¢ Ic55 thfjn fiv¢ nor tn(>Te than ten. Of the M￿lMuM number, up to
six may b¢ el¢¢￿d Irusi¢e$. up 10 3 may b¢ perwns appoinicd by Closeburn Community Council and th¢ r¢mainiDg one may be cwpied
onto the Board.
One third of the elected tru$tees must retirt each year. An elected irusiee may serve a m&ximum of two t¢nns of office b¢for¢ standing
down for a period of at l¢ast on¢ y¢ar.
Trusiees appoinied by Closeburn Community Council are now Mr MA Steele, Mr D Dick ond Mrs C Head.
The cO￿PIed direc¢oT shall serve frotn on¢ AGM to th¢ next but tnay ￿ co-opied back on again immcdiately.
A Junior repTe8eniative may also be elected (aged 12- 17 years) to aitend Board meetings but may not vole.
Risk management
The Irusiees have a duty io identify and review Ilie risks to which the charity is exposed and to ¢U5ure appropriate ¢ontrols are in place
providc rca%onabl¢ a55uranc¢ again%1 fraud and crror.
REFERE￿CE AND ADMINISTRA TIVE DETAILS
Registered Compfjny number
SC366401 ISrotlaDdl
Registered Chwrity number
SC040917
Registered orriee
61 High Sireet
Sanquhar
DUMFRIESSHIRE
DG4 6DT
Trusiets
G N J Willoughby
D Di¢k
Nq A Sieel¢
Mrs S McKinley
MrsCAllead
Ms L M Brown
M5 K E N Colch¢sl¢r I￿Signed 6.9.251
M5 J Young-Graham
Company Se¢retary
K McLean
Independent ExAmlner
Rodn¢y Paltner DA CA
Farries, Kirk & Mcvean
ChaTl¢r¢d Accountant5
Dumfries Cnierprise Park
H¢athhall
Dumfries
DUMFRIESSHIRE
DGI 3SJ
Page 2

Nith Valle
LEAF Trust
ort of the Trvstees
(or the I'¢ar Ended 31st Ottober 2025
REFERENCE AND ADMINISTRATIVE DETAILS
BJDk¢r5
Bank of Scotland plc
63 Drumlanrig Sireei
Thornhill
Dumfries & Galloway
DG3 SLY
Solieitors
Pollock & McLean
61 High Street
Sanquhar
DG4 6DT
Appro>vcd by ordcr of the board of irusiees on 26th May 2026 and signed on its bchalf by..
14Af(tt
M A Steel¢-'frustt¢
P8gc 3

Inde
endent ExamiDer'$ Re
ort to the Trustees ol
ith Vall LEAV
I report on the acwunts for lh¢ yvar ended 315t Ortob¢r 2025 sei out on pa8es five to sevente£n.
Rtspettive responsibilitÉes of trustees and examiner
Th¢ rharity's Iiuste¢s are responsible for Ihe preparaiion of (he accounis in accordance with the tertn5 of th¢ Charitie5 and Trnsiec
Investment (Scollandl Act 2005 and the Charities Account5 (Scotlandl R¢gulation5 20061os Ètncndcdl. The ¢haTlty'S Irusiees consider
that the audit requITe￿￿n[ of Regulation Iollll&l to Icl of Ihe Accounts Regulations does not Apply. It is my responsibilily to examine the
account5 as required und¥r Section 4411ll¢l of the Aci and io state whether particular rnaiters have come 10 my attention.
Basis of the indeptndent exAJniner'$ report
My ¢xamiDalion was ¢atri¢d out in aL¢ordan¢e with Re8u121ion 11 of the Charities Accounts Iscotlandl RegulalioD5 2006. An
examination includes a review of the accounting r¢cord5 kept by thc charity and a cotnparison of Ihc 8¢counts presented wtih those
Tecords. It 81$0 includes consideration of any unusual items or disclosurcs in the accounts, and secking eKpIADations from you as Irustees
concerning any sucli maiters. The procedu￿5 und¢rtak¢n (lo not provide all Ihe evidence ihat would be required in an audiL and
consequtntly I de not express an audit opinion on ihe vicw given by the accounts.
Independent exHminer's statement
In connection wilh my Cxdrnination, no matter has come to my attention
11) which gives me reasonable causc lo believe thaL in any material respe¢L ihe rtquirements
lo keep accounting records in accordance with Section 44llllal of the 2005 Act 8rtd Regulation 4 of the 2006 Aecounts
ReEulaiions; and
to prepare atcounls which accord with Ihe ac¢ouniinB records and 10 comply with Regulation 8 of th¢ 2006 Arcounls Regulations
have noi been met. or
121 to which, in my opinion, attention should be drawn in order to Cnable a proper undtrsianding of the a¢¢ounis to be reached.
Rodney PalrnEr BA CA
The Insiiiute of Ch8nercd Accounianis of Scotland
Farri¢5. Kirk & Mcvean
Chanered Accountant5
Dumfries Enterprise Park
Heaihhall
Dumfries
DUMFRIESSHIRE
DGI 3SJ
26ih May 2026
Pag¢ 4

Nith V
Statement of fingntial Activities
orati
n Inc(kme Lx
¢nditur¢ Account
for the Y¢or EDded 31st Octo
Incor
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Not¢s
INCOME AND ENDOWMENTS FROM
Donations and legacie5
937
2.030
2.967
5.810
ChAritAble Activities
Community Il'ork
28.287
78.694
106.981
183.733
Invtsimcnt incomc
Other income
32.260
32.260
149
29.484
1,693
148
Totsl
61,485
80.872
142.357
22Q.720
EXPEliDITURE ON
Ch8ritable activitie5
Community WoTk
71.758
62.786
134.544
74,039
NET I.NCOMEIIEXPENDITVREI
110.2731
384.125
18.086
1384,1251
7.813
146,681
Trans(er5 between funds
20
Net movement ill funds
373.852
1366.0391
7.813
146,681
RECONCILIATION OF FUNDS
'Fotal funds brought forward
348.930
469,102
818,032
671.351
TOTAL FUNDS CARRIED FORWARD
722,782
103,063
825,845
818.032
The note5 tom) part of these financial siaiements
Pa8e 5

Nith Vllle
LEAF Trust
BalgThce Sheet
315tO
ober 202
2025
Total
funds
2024
Toial
funds
UnTestricied
fund5
Restricted
funds
Notes
FIXED ASSETS
Tangible asseis
Investment property
417.037
450.600
3.175
420.212
450,600
402.797
450,600
14
867.637
3.175
870,812
853.397
CURREf4T ASSETS
D¢bior5
Cash ai bank
800
1,454
800
101,773
3.000
100.319
2.254
100,319
102.573
CREDITORS
Amoiinls falling due within one year
16
14.5621
14301
14,9921
14.7381
NET CURRENT ASSETS
12,3081
99.889
97,581
109.363
TOTAL ASSETS LESS CURRENT LIABILITIES
865.329
103,064
968,393
962.760
CREDITORS
Amounts falling due after more than onc year
17
1142.548)
{142,548)
1144,7281
NET ASSETS
722,781
103.064
825,845
818,032
FUNDS
Unresirit￿J fund$
Re51ricled funds
20
722.781
103.064
348,930
469,102
TOTAL FUNDS
825,845
818,032
The charitabl¢ company is eniiiled 10 excmption Irorn audit under Section 477 of the Companit5 Act 2006 f¢r the yeAr ended
3 1st OctoLKr 2025.
Thc mcmbcrs havc noi requircd the company 10 obtain an audit of its financial statcments for the year ended 3 1st October 2025 in
a¢¢ordance w'ith Seciion 476 of the Cotnpanies Aci 2006.
The irustees acknowledge their responsibilities for
ensuring that the charitable company keeps accounting records that comply with S¢ctlODS 386 and 387 of th¢ CoJnpani¥$ A¢1
2006 and
preparing financial 5tattm¢nts which give a true und fair view of thc State of affairs of the charitable as at the end of
each financial year and ol lis surplus or d¢ficit for each financial yeaT in ac¢ordance wilh the r¢quiremenis of Sections 394 and
395 and which oth¢rwi5¢ comply with the requirern¢nts of the Companies Act 2006 relating to financial slat¢rnenS so far as
applicable to ihe charitable company.
Ib}
The notrs rom part of these tinancial 5tatcinents
Pag¢ b

Nith Vftlle
LEAF Trust
BAIAnte Sheet- ¢ontinued
315t Oetob¢r 2025
These financial statements have ken prepaTed in accordfjn¢e wilh Ihe provisions applicable ￿ charitable companics subj¢¢t to the small
¢OTnpanies r¢gitne.
The financial sta￿MentS were approved by ihe Board of TTUSttt5 and auihorised for issue on 26th May 2026 and were signed on its b¢haJf
by..
M A Steele- TTUSt¢¢
'rhc not¢s form part of the5c financial stai¢m¢nts
Page 7

Nith Valle
LEAF
Notes to the Finantial Statemtnts
for ihe Year Ended 31st October Z025
GENERAL INFORMATION
The charity is a tompany litnited by guarantee. incoryoTattd in Scotland and is governed by its Mernorandum and Articles of
Association. In the event of ihe ¢otnpany being wound up the liability in r¢sp¢¢i of the guarwiee 1$ limited io £1 per member.
Tht financial siatemenis relate 10 Nith Valley LEAF TrusL an indivtdual entity and the presentation currency used is Pound
Sterling 1£)
ACCOUNTING POLICIES
Basis of preparing the financial st￿teMentS
The financial siaicncnls of Ihc chariiablc Company, which is a public bcncfit cntity undcr FRS 102. have been p￿Pared in
accordance with the Charitits SORP IFRS 1021 'A¢¢ounlin8 and Reporting by Charities.. Si8temeni of Recomrnended Practice
applicable to charities preparing their accounts in accordance with the Financial R¢portin8 Siandard applicable in the UK and
Republic of Ireland IfRS 1021 leff¢rtiv¢ l January 20191., Financial RLporling Standard 102 'Th¢ Financial Reporting Standard
applicablc in the UK and Republic of Ireland, and ihe Companies Act 2006. The financial siat¢m¢nts have been prcpered under
the hisiori¢al LOSI LonveAlion. as modified by the revaluaiion of certain asstls.
CrititHI accounting judgements and kty source5 of e$timAtion uncertainty
The valuation of Ihe propeny and land owned by the Trust 15 a kej sourc¢ of ¢51itnaiiQll uncert￿nIY.
Income
All income is recogni5ed in the Statement of Finan¢ial A¢iiviiies on¢e the charity ha5 entitlemenl to the fund& il is probable thai
Ihe income will be received and lh¢ arnouni can be Incasu￿d reliably.
Exp¢nditure
Liabili11¢5 ar¢ recogni5¢d as eXPEnditure ls $(x)n LS ihere is a leBal or consiruciive obligation cotntnilting lh¢ charity to Ihat
expendiiure, li is probable thai a iransfer of economic benelits will b¢ requir¢d in 5¢ttletncnt and thc amount of thc obligation can
be rnea5U￿J reliably. Expenditure is ac¢ounicd for on an accruals basis and has been ¢1￿51r1ed under headings Ihat 98EreBaie all
cost related to Ihe category. Where costs cannot b¢ directly atlribuied to particular headings they have been allocat¢d to arliviti¢s
on a basis tonsisient with the r>f resoutces.
T#ngibl¢ fixtd #$$ets
D¢pr¢cialion is provi(Jed al the following annual rale5 in order to writ¢ ott¢a¢h tssei over its esiimaied useful life.
lrnprov¢rnents to propety
Plant and machinery
1S'kn on ￿d￿cIng balonce
151/0 on reducing balance
Investment property
Investment properly is carried at valuation. As this propErty wa5 purcha5¥11 within Ihe pasi three years, in this ¢￿t cost is used,
which was ai a discount on open market value. In the event of ihe property being sold ihere is a condiiion requiring it lo b¢ sold
back to th¢ p￿viouS own¢rs at the same discount on open TnaTket valu¢. It is therefor¢ consid¢red that coi remains the best
¢siimaie of value at this time.
TAXAtion
The charity is exempt from ¢orporaiion tax on ils tharitable aciiviiies.
Fund llccounting
Unrestricied funds can be used in accordance with the charitable objeciives al the discretion of the trus￿¢&
Restricted funds can only be used for particular resiricted purposes within ihe objects of the charity. Restriction5 arise when
spe¢ified by the donor OT when fvnds a]t rdistd for particular Ttstricied purpos¢s.
Pcn5ion costs and other p05t-retirement benefits
The chariiable ¢ornp8ny optTUtt5 u dcfin¢d contribution ptn5ion sch¢m¢. Contribution5 payable to the cnarilable companls
pension scheme are charged to the Stai¢meni olFinancial A¢tiviiies in th¢ FeTiod lo which Ih¢y rel8*.
Financial instruments
Cash &nd bank
Cash and bank comprises cash on hand and funds held on deposit.
Page 8

Nith Valle
LEAF Trust
Note$ ttb the Finan¢iJl St&teEnent$- eontinued
for the YeRr Ended 31$t October 2025
ACCOUNTING POLICIES- ¢on¢irJu¢d
Fin8nciHI in51ruments
TrAdt debtor5
'rrad¢ d¢btors are arnounts du¢ from customers for the provision of services sold in th¢ OTdinary cours¢ of QPETalions.
Trade debtors arc recognised iniiially ai the iransaciion price and repre￿nt the full value of the services charged to customeTS,
including any amoun15 charged on for third pani¢5.
Trad¢ rreditors
Trade crcdiiors are obligations to pay for goods or servxces thai have been acquired in the ordinary COUT5¢ of business froTn
supplieTS.
Acwunt5 payable UTC clossified os curr¢nl liabilitlC5 if th¢ cotnpany does not have an unconditional riEhL ai ihc cnd of thc
reporting tKriod, to defer selllement of lh¢ creditor for al l¢a51 Iwelve rnonihs aft¢T the reporting date. If there is an unconditional
right io defer SettIen￿￿t for ai least twelve months after the reporting date they are presented as non current liabtlilies.
DONATIONS AND LEGACIES
2025
2024
Donaiions
Feed In Tariff rec¢ived
2,080
887
5,330
460
2.967
5.810
INVESTMENT INCOME
2025
2024
Dewslt account Int¢￿St
Rentsl Income
1.273
28,211
31,549
32.260
29,484
INCOME FROM CHARITABLE ACTIVITIES
2025
2024
Grant5
Community Work
06,981
183,733
Grants Tec¢iv¢d. includ¢d in the above. fjrc a5 follows..
2025
2024
C105eburn Community Council- Dalswinton Wind Farm Furtds
Foundation Scotland
Closeburn Cotnmunity Council
D & G Council
Thomhill CotnTDunity Council
Community Land Scoiland
Naiional Loiiery Cotntnunity Fund
Cycling Scotland
Third Sector
Foundalion Scotland via Clyde (Dumfries & Galloway) Communiiy Fund
Closcbum Dcvclop¢r Futrd via D&G Council
1,332
35,701
5,582
70,070
33.162
1.500
52,862
300
15,000
2,200
10,930
10,000
31,500
14,975
Carried torward
102,499
183.733
Page 9

Niih Valle
LEAF Trust
Notes to the FinAncial StAtements- continued
for the Ytar Ended 3151 Oclober 20Z5
INCOME FROM CHARITABLE ACTIVITIES-contlnued
2025
2024
Brought forward
Sconish Cornmunity Alliance
Yguih Srotland
My Park Scotland
102.499
2,982
750
750
183,733
106.981
183.733
CHARITABLE ACTIVITIES COSTS
Direct
Costs Igee
nott 71
Support
C4)sts (see
llolt 81
Totsls
Comtnunity WoTk
102,835
31.709
134.544
DIRECTCOSTS OF CHARITABLE ACTIVITIES
2025
2024
Raics and waicr
Insura0¢¢
Light dnd heal
Profe55ional fees
Orchard cosis
RepaiTS & Renewals
DcfibTillator c051s
Ebike Expenses
Ntlwork 76 Expcnses
Wellbcing project expcn5eS
Active ir8vel costs
Cooking Costs
Trec Planting Cost5
Oc¢an Youth Trusi Crew Cosis
Property Repairs
Dcprcciaiion
InieTe81 payable and similar charges
444
5,399
1.068
1,500
827
12,907
3,307
245
461
1,867
132
5,067
2,049
12,825
16,055
318
977
343
698
1,084
2,000
42.315
5,327
10,844
5.779
11.862
102.835
45.798
SUPPORTCOSTS
Gov¢rnanc¢
costs
Managemeni
Totals
Community Work
29.809
1,900
31,709
Page 10

Nith Vallc
LEAF Tru5
Note5 10 the Finanrifil StRtements- continued
for the Year Ended 31$t Oc¢ober 3025
liET INCOMEI(EXPENDITUREI
Net in¢omellexpenditurel 15 stat￿ after chargingllcrediiingl..
2025
2024
Auditors, T¢muneraiioii
Depretittion- own¢d a￿t5
1,800
5,779
5,327
10.
TRUSTEES. REMUNEiL4TION AND BENEFITS
There were DO trus*eg remuneration or other benefits for the year ended 31st Ouober 2025 nor for the year ended
3 1st October 2024.
Trustets, expenses
There wcre no tru5t¢¢s' exp¢n5C5 paid for the year ended 3 1st October 2025 nor for the year cnded 3 1st October 2024.
STAFF COSTS
The average monthly number of ¢mploy¢es during ¢h¢ yeaT wa$ #s follows..
2025
2024
Developmeni Officer
No employees received ¢molumtlll8 in exce55 of £60.000.
12.
COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unre51ricted
funds
Resirictcd
funds
Toial
funds
INCOME AND EliDOWMENTS FROM
Donations and legacies
810
5.000
5.810
Ch*ritAble activi¢i¢5
Cornmunity Il'ork
183,733
183.733
Investtn¢nt inGom¢
Other in¢om¢
29,483
1,694
29.484
1,693
Total
31,987
188,733
220,720
EXPENDITURE ON
ChAritablc llrtivities
Communiiy W'ork
40,920
74.039
YET INCOMEIIEXPENDITURE)
147,813
145.5061
146.681
TTAJJ$fer$ between funds
45.506
Net movement in lund5
44,374
102,307
146.681
RECONCILIATIOli OF FUNDS
Total fund5 broughi forward
304,556
366.795
671.351
Pag¢ 11

Nith VRII LEAF Trus
e5 to the Financial St8tement5 Colltinu
for the Year Ended 315t October 2025
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITI8S- continued
Unrestricted
funds
ReslTicled
funds
Toial
funds
TOTAL FUNDS CARRIED FORWARD
348,930
469,102
818,032
13.
TANCIBLE FIXED ASSETS
ImprovemenLS
10
propeny
Freehold
properly
Plant and
machinery
Totals
COST
Ai Isi November 2024
Additions
256,265
19.323
20.000
41.714
2.742
417.302
22.742
Al 3 1st OCto￿T 2025
256,265
139.323
44,456
440.Q44
DEPRECIA TION
Al 1st Novetnber 2024
Charge for year
4.311
185
10,194
5,142
14,505
5,327
Al 3 1st 0¢￿beT 2025
4.496
15.336
19,832
NET BOOK VALUE
Ai 3 1st Ociober 2025
256,265
134.827
29,120
420.212
Ai 3 1st October 2024
256,265
31.520
402.797
Included in cosi or valuaiion of land and buildings 15 freehold land of £256,265 12024. £256.2651 which is not d¢pr¢ria¢¢d.
t4.
1Tr4VESTMENT PROPERTY
FAIR VALUE
Ai 1st November 2024
and 3 1st OclobEr 2025
450,600
NET BOOK VALUE
Ai 3 1st Outober 2025
450.600
At 3151 October 2024
450.600
Investtn¢nt property at Castle Cresceni w25 valucd by Allied Surveyors in November 2019 on the basis of prO￿riY consiruction
bcinB completed as planned, which it subsequently wa$. This valuation was prepar¥d fer ttM)rtgag¢ purpos¢$ and th¢ tTUSI¢¢s
¢onsidcr th¢ rarrying valu¢ lo bE appropriatt.
Page 12

Nith Ville
LEAF Trust
Notes tts the Finincial Statements- ¢onlinu
for the YeRr Ended 3 lyt October 2025
15.
DEBTORS.. AMOUNTS FALLING DUEWITHIN ONE YEAR
2025
2024
Other dcbiors
Prepayments and accru¢d income
3.000
8QO
800
3.000
16.
CREDITORS: AMOUNTS FALLING DUE WITHIY ONF. YEAR
2025
2024
Bank loan5 and OVeTdrufts (see note 181
Trade crediiors
Social securiiy and other iaxes
Accrucd expenses
2,800
88
204
1,900
2,800
48
1,800
4.992
4,738
17.
CREDITORS.. AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025
2024
Bank loans {s¢e noie 181
142,548
144,728
18.
LOANS
An analysis of the tnaiurity of loans is given below..
2025
2024
Amounis fallin8 due within one y¢ar on d¢tnand..
ank loans
2,800
2.800
Amounts falling between one and iwo years..
Bank loans- 1-2 years
3,150
3,150
Amounts falling due between two and five years..
Bank loans- 2-5 years
9,600
9,600
Amount5 falling due in more than five years..
Repayable by tnstalment5'.
Bank loan5 more 5 >T by insial
129,798
131.978
19.
SECURED DEBTS
The following secured debts are included within creditors..
2025
2024
Bank loans
145,348
147,528
Tht bank loaD from the Charity Bank is secured aEainsi ihe prO￿rIY owned by the charitable company at 3 Woodend Av¢nue.
Clos¢burn.
The moriga8e from Ihe E¢oltsgy Building Socieiy is secured against the three PToperties owned by the charitable cornpany in
Castle Crescent.
Pagc 13

Nith Valle
LEAF Trust
Notts ¢0 tht FinAnti*l Statements- Continued
for the Year Ended 31st October 2025
20.
MOVEMENT IN FUNDS
Nei
Tnovetnent
in funds
Transfers
betweeD
fund5
At
At
31.10.25
Unrestricted funds
Gen¢ral fund
348.930
110.2741
384,125
722.781
Restri¢ted funds
CotntnuDity Or¢haTd Project
Closeburn Gala Field Fund
Defibrillator fund
Communily Shop Fund
N¢twork 76 in Motion
Winicr Kits
E-Bike Fund
Cooking Skills
Roundhouse Fund
lousing Ne¢d.% FuDd
Cycling Scotland
Local Place Plans
Wellbeing Fund
Active Travel
Dtvelopmcnl Olyiccr
Community Environmeni Planiing Fund
23.907
580
4,030
27.937
166
490
490
3,816
268,700
2,54Q
1,453
27.880
10.936
85,987
750
1,955
2,QOO
18.342
20,322
3,750
1272,516)
12,540)
127,880)
1698}
10.238
185.856)
23,917
24,667
11,955)
243
4.060
34,627
114,2821
6.230
13,750}
636
8,075
636
469,102
18,087
1384,125)
103.064
TOTAL FUNDS
818,032
7,813
825.845
Net movement in fund& included in the &bove are as follows..
Incoming
r¢sour¢¢s
Resources
ex￿nded
Movement
in funds
Unrestricted funds
Gen¢Tal fund
61,484
171.7581
110.2741
Restricted fund5
Community Orcharo Project
Closeburn Gala Field Fund
Defibri1Sator Fund
Community Shop Fund
Coeking Ski118
Roundhouse Fund
14ousing l*¢cds Fund
Loeal Place Plans
Wellb¢ing Fund
Aciivc Travel
Development Offjcer
Comrnunilv Environmeni Plantin8 Fund
Ocean Youth TTUSt
5,241
4.030
(4141
490
3.816
16981
2,300
26,237
122,421)
16981
30,000
16,083)
11.757)
114,282}
17,616)
13,750}
{1,0841
23.917
114,2821
6,230
13,7501
636
13.846
1,710
1,530
80,873
162,7861
18,087
TOTAL FUNDS
142,357
1134,5441
7,813
Pagt 14

LEAF Trust
Notes to the Financial Statement5 Colltinutd
for the YeRr Knded 31st Octobtr 2025
20.
MOVEMENT IN FUNDS- continue
Comparatives lor movement in fund5
Net
movement
in funds
TTansl¢r$
between
funds
At
At
31.10.24
Unrestricted lund5
Gen¢rnl fund
304.556
45.506
348.930
Restricted funds
Community Orchard Project
R¢d Squirrel Projeit
Closeburn Gala field Fund
Cornmunily Shop Fund
N¢twork 76 in Motion
Tweniy Shilling Windfarm
WinieT Kits
E-Bike Fund
Cooking Ski115
Roundhouse Fund
Housing Needs Fund
Cycling Scoiland
Local Place Plans
Wellbein8 Fund
Activ¢ Travel
Dcvelopmeni Officcr
23.403
1.250
2,430
273.486
3.001
29.805
.453
31,967
504
11.250}
11,8501
14.786)
23,907
580
268.700
2.540
15.701
145.506}
1,453
27,880
10.936
85,987
750
1.955
2,000
18.342
20,322
3.750
14,0871
10.936
85.987
750
1,955
2.000
18.342
20,322
3.750
366.795
147,813
145,506)
469,102
TOTAL FUP4D5
671.351
146,681
818,032
Pag¢ IS

Nith VAlle LEAF Trust
Notes to the Financial StatemeDts- coptinued
for the Year Ended 31st October 2025
20.
MOVEMENT Ir4 FUNDS- continued
Cotnparativc nct movetnent in funds, includtd in th¢ above are a5 follows..
Incoming
r¢souT£¢S
Resource5
¢xpended
Movernent
in funds
Uthre$tri¢¢¢d fvnd5
General fund
31,987
Restricted funds
Cotntnunily Orchard Project
Red Squirrel Project
Closeburn Gala Field Fund
Defibrillaior Fund
CotllTnunily Shop Fund
Network 76 In Moiion
Twenly Shilling Windfarm
E-Bik¢ Fund
Cooking Skills
Roundhouse Fund
I.Iousing Needs Fund
Cycling Scoiland
Communiiy Land Fesii¥al
18271
(1,250)
(1,850)
(1,6941
(4,786)
1461)
504
11.8501
,694
14.7861
14611
15.701
14,0871
10,936
85.987
750
1.955
15,701
14.087)
10,936
86,500
2,250
2.200
300
2,000
26,852
23.969
15,000
11,500)
1245)
1300}
2.000
18.342
20.322
3.750
Wellbeing Fund
Active Travel
Development Officer
18,510}
{3.647}
111,250)
188,733
140,920}
147.813
TOTAL FUNDS
220,720
174,039)
146,681
The unrcsirieied General funds Tepreseni the free funds of the chaiity whi¢h ￿ not designated foT particulaT purposes.
Restricted funds are those provided by main funders which are condiiional on being spent on Ihc specific restrictrd purpose.
Community Orehard Project
Grani fundin8 rec¥ivd to finanff th¢ arquisition of the least of. and for th¢ ongoing ￿d¢VeloPMent of. the Church OTchard in
C105¢burn.
Cala Field Project
rundinE rc£eiv¥d toward5 the aim of acquiring lh¢ Primary School playing field and using il as a comrnunity assei.
Community Shop Fu￿￿
Funding Teceived towards th¢ possibility of acquirTrng the former village Pos10(fice and re-purposing it as a Comrnunity Shop.
As the a5sel ha5 now been tully purchased, il has been Iransferred 10 Ihc gLneTal fund.
Defibrillator Projett
runding r¢¢civcd for lh¢ pur¢has¢ and installation of two defibrillalor5 within the v211a8e.
Energy In MotioD Fund
Neiwork 76 in Motion (F1761 is a mulii-year community projecl aiming to develop siistaiiiable tTansporl soluiions and neiworks
with and for a partnership of cornmunity trusts connected by. or near lo, Iht A76. Funds iransfcrTcd to Active Travel proj¢cl as
Ihi$ r¢strict¢d fund w&$ amalgamated by the irustees in th¢ ytar.
Conking Skil[5
Funding received to deliver eooktng skills 10 eat b¢tt¢r and cheaper project.
Roundho¥st
Page 16

Notes to the FinRncial StRtements continued
for tlle YeRr Ended 31st October 2025
20.
MOVEMENT IN FUNDS. tontlnued
Funding Tertivtd to eTect 2 rnulii-use community 'roundhousc' on Clo%burn playing field. A5 the ass¢t ha5 now been fully
purchased. it has been trAnsferr¢d 10 the general fund.
Housing Need5
Funding received to carry Out a Housing need 5urv¢y in C105¢bum.
Cytling Stotlathd
runding r¢c¢ived to start a bike Tepair ¢af¢. Funds fransf¢rr¢d to A￿1ve Travel project as thi5 restricted fund 8malgam&ied by
the trustees in Ihe year.
Commuknity Lxnd Festival
Funding re¢¢iv¢d to $upry)rt a Cemmunity Land Fesiibal.
Local Place Plans
Funding rec¢ived io write a report on C105eburns Local Place Plans.
Wellbeing Project
Funding rcceivcd to run a seriou5 of events and activities TO PTomoie menial wellbeing.
Active Tr*vel
Funding received to run an active travel pro8ramme and purchase equiptnent.
Development Officer
Funding to received for a development officer to run ihe r¢furbi5hm¢nt of $hop and cafe.
Ocean YO￿th Trust
To organise cruises lo lake local young p¢ople out for 415 days lo 'crew' an ocean going boat ￿ a team building ¢v¢ni and hclp
build ¢hara¢t¢T and provide an invaluable LX￿riencc.This wa5 partly funded by fundraising by the young people and NVLT
contributed ihe balanc¢.
21.
RELATED PARTY DISCLOSURES
There were no ￿lated party transaclions for the year ended 3 ISL Ociobtr 202512024- none).
Page17

Nith Vill LEAF Trust
Detailed Statement of FingnciRI Activitie
for the l'ear EDded 315t October 2025
2025
2024
INCOME AND ENDOWMENTS
Donations #nd Itg*tles
Donations
Feed In Tariff received
2,080
887
5,350
460
2,967
5,810
Investment income
Deposit account intcrest
Rtnial Incom¢
1,273
28,211
31,549
32,260
29,484
Chari¢#ble g¢tiviti¢s
Grants
106,981
183,733
Other in¢om¢
Sundry receipts
149
1,693
TotAI incoming re50urtes
142,357
220,720
EXPENDITURE
Ch8ritable activities
Rares and water
Insurance
Lighi and lieal
Profcssional lees
Orchurd c051S
Rcpairs & Renewals
Defibrillator c051s
Ebikc Expcnse%
Network 76 Expenses
Wellbeing project expenses
Aciive travel costs
Cooking C051s
Tree Planiing Costs
Occan Youth Trust Crew Costs
Property Repairb
Improvements to property depreciation
Plant and machinery depreei81ion
Bank loan inlerest
444
5,399
1.068
1,500
827
12,907
3.307
24J
461
1,867
132
5.067
2.049
12.825
16.055
1,810
318
977
343
698
1.084
2.000
42,315
1,789
3,990
11,862
5.142
10,844
102.835
45,798
Support costs
Management
20.179
418
8,459
124
134
8,717
Pensions
Pu.%lage and stationery
Carried forward
20.597
Thi5 page does not lorm part ol'thc statutory financial statements
Page 18

Nith Valle
LEAF Trusl
Detailed Statement of Fln*ntS1l Atlivitit
ror the Year Ended 31st October 2025
2025
2024
Management
Brought ftsn¥ard
SuDdri¢s
Donations
'¢bsil¢ ¢OSts
Property managerneni f¢es
Co-urdindiof Work
20,597
5.273
350
997
2,592
8,717
2.632
1.250
2,592
11,250
29,809
26,441
Gov¢rn¥Bce costs
Auditors, remuneration
Independeni exatniner's fe¢
1,800
1,900
1.900
1,800
Total resourccs expcnded
134,544
74.039
Tr4et income
7,813
146,681
Thi5 pa8e does not fortn part orth¢ siaiutorv financial stht¢ments
Pag¢ 19