RIGISTERED COMPANY NU.MBEIL. SC382030 (ScodaRdl
REGISTERED CHARrrY NUhlBER.. S041667
REPORT OF THE TRUSTEES Af4D
ur4AUDITED FINANCIAL STATEIIIEwfs FOR THE YEAR ENDED 31ST AUGusf 2024
FOR
CRIMOND CHARITABLE TRUST
Goldivells Ltd
Goldwells Ho￿e
GT4nge Road
Petert)ead
AberdeeDshire
AB42 IWN

CRIMOND CIIARtTABLE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31SI' AUGUST 2024
The t[Ust￿ whc &L50 dittc10￿ Df the charity for th¢ purposes of the Companies Act 20065 preselit their report with the financial
statements of the Charity for tlie year ended 315t August 2024. The tsusiees have adopted the provisions of Accountin8 and
Reponing by Chariii¢s.' Si&temenl of Recommended Practice applicabl¢ to charities pr¢parillg thew accounts in accordance with the
Finan¢iai Reporting Standard applicable iii the UK and Republic of Ireland {FRS 1021 {etYectiwe l January 2019).
0￿ECtIVEs AND AcfivITIES
Obje¢tive5 and #im5
The principal activity of th¢ charitable ￿mpally during the p¢riod ivas to further the health and community development of, and
proTride Tecrealional facilities to ihe parish of Ciimond ￿]d su￿und1ng panslie5 of Si, Fergus. LiiiimJ!'. LDngside, Sttiehet4 Old
D¢er, NEW Deer and Rathen by the IDng terfft provi51Dn of medical. Enedical related. recreational and other accommodations.
The tnistee5 meet as and ivhen required to ensilrc that the objeclives attd aims of the Chanthble GO￿PanY ore b¢ing rnci and will
make any decisions in relation io the njnning of the clwitable company as required at these meetings.
The chariiable company's principal aims are to..
111 own and operate a purpose built facility to proi'ide accommodation io the medical practice based in Ciimond.. a￿d
121 PTOV5de and maintaill accominodation arKt facilitie5 for use by the LommutLlty and COTnmunity group5 in thc area.
Objectives a£hiev£mént $tatUS
The objectives for September 2023 to Au￿t 2024 were &4 folloivs..
l. Atiraci new tenants.
2. E51abliEh lea5¢ and paytnÈnt I¢TmS for n¢wtenants; arld
3. Ensur¢ curreni renants are happy within the hub.
Achievetnent Status
All ciirrent tEnants- caf¢ (new tenant), ph&M￿¢Y and medical centre contTrnue with theirtenancy within the hub.
The T￿￿et5 liaise with tbe C￿￿t tenants on a regular basis at tenant ￿￿tEl￿g5 which are held withiu the hub, during which any
question5, concems or sugge5ti0n5 raised are noied and addressed.
Fll¥ATrICIAL REVIEW
Results
The building is fvlly operational with the company generating rental income on th¢ units which have been let. The company has
produced a net expenditure of £6.242.188 {2023 - net inco￿¢ of £80,0;4). The expenditu￿ in the year include5 a ￿alUatiOn
loss of £6250,822 {2023 - £107,7851,The Tn￿le¢S are 50t15fied iviih the CUTrertt fJti&ncial siarlls of the charstable ¢ompany and will
continue with efforts to attract new tenattts and to maximize the utdisation of the available facilities.
Re5erve5
The trustees intend to retain the resmes to reinvest in Ihe dev¢lopm¢nt and upkeep of the facility as well as to ty and Promote the
facilities available 10 the wider community.
InTrestment polity #nd objeetives
Under the Memorandum & Articles of Association. the charity has the power to invest in any way the trustees wish.
STRUCTLIiE GOVERNALYCE AND MANAGKTrIENT
Governing document
The chariii. is controlled by its 8oYerning diKUtnElIt, a deed of trust, 2nd Constitutes a limited company. limited by guaranieq as
defined by the Cokrjpawes Act 2006.
The organisatiDn is a cl)aritable company limited by guaraiilee, inco￿Orated and registercd as i cbatity in 2010. The company was
est2blished under a Memoranduin of A550ciation which established the object5 ￿}d powers of the chThrilable company Us￿er its
Constitytion documenl. lo the event of the company being wouod up. members are required to contribu￿ an anjount noi exceedin8
£1.
Page I

INDEPENDENT LXAMtNER'S REPORT TO THE TRUSTEES OF
CRIMOND CHAR￿ABLE TRUST
I report on thc accounts lor the year ended 31 st August 2024 set out on pages five to sixieeii.
Respeetil'e responsibilities of trustees and examther
The ch￿iry,5 truste¢5 are responsible for the prtparition of the accuunts in accordance with the tern￿ of the Charities and Trnstee
Investment IScoiland} Act 2005 and the Ch£riti¢s Accounts IScotl&ndl Regulations 2006 1&8 aTnendedl. The charity's In￿tee&
consider ihat the audit iequiremenl of Regulatiuii IOIIXo} to Ic) of the Accounts Regulations does not apply. It is my responsibility
io examine the accounts as required under Section 4411)Irl uf the Act arKI to State whether particular matt¢r5 have come to my
att¢ntiotL
BASIS of the IndepeDdent esamlner'5 report
My examinaiiun was ca￿led oul in accordan¢e ivith Regulation I l of the CharitlEs ALeounts IScoilaThdl ReglllatlOl35 2006. An
examination includes a rtview of the accountiiig records kept by the charity and a comparison of tjic accounts pr¢sented with those
reiords. It abo includ¢5 consideration of any unusuth] items or discloSUTe5 Ill the a¢¥ovnts. and seeking explanjtions from you as
tru51ees tDntemin8 any such matters. The procedures uThdertiketL do noi Provide all Ihe evidenLe that would be requir￿ in an audii,
and consequently I do not express all *Ludit opinion the vieiv given by the accounts.
Independent examlner'$ ststeTnent
In connection with my examinalion, no matter has come w my attention:
which giv¢5 me reasonabl¢ ra￿e to belteve that. in any tnatErial resptct, the requirements
to keep accoLintsng record% in aecon1ance with Seclion 4411)l&l of the 2005 Ad HE)d R¢gulation 4 of the 2¢)D6 Aeeounts
Regulation5: and
to prcparc actounts which acLord with the accounting records and io comply with Regulation 8 of the 2006 Accounts
Regulaiion5
have not bEEn ma: or
12} to which. in my opinion. attention Should b¢ drnwn in order to enable a proper understanding of the a¢¢ounts 10 b¢ reached.
Gary Addison
The Association of Chartered Certified Accountants
Cioldwe115 Lid
Goldwells Hollse
Grangc Road
Peterhead
Aberdeenshire
AB42 IWN
3rd April 2025
Page 4

CRIMOND CHARITABLE TRUST
STATEMENT OF FINANCL4L ACTIVITIES
FOR THE YEAR Ef4DED 31ST AUGUST 2024
2024
Total
Thd5
1023
Totsl
fvnds
Unrestricted
fimd
Restricted
fund
Notes
INCOME AND EPIDONVMEYTS FROM
DonatioD5 and l¢ga¢i¢s
1,630
1,630
Other trading activitie5
180,647
180.647
189,503
TotAI
18?277
182277
189.503
EXPEI¥DITURE ON
173,643
173,643
161.792
Net gaiThsl(10ssesl on illvestm¢nt5
{6,250,8221
1107.785 }
NET INCOMEIIEXPENDrruREI
16.242,188)
16.242,1881
180,0741
RECONCILIATION OF FUNDS
Total brought forward
7.058.954
1,942
7.060,896
7,140,970
TOTAL FUNDS CARRIED FORWARD
816,766
1,94
818,708
7.060,896
The nott8 form part of these fjnanual sta(ements
Poge 5

CRtMOND CHARITABLE TRUST
ATEt*l£LYT OF FIfiANCIAL POSITION-coDdnued
31ST ALIC.IIST 2024
These finan¢i31 ststeinents have been pr¢par¢d in accordance ivith lh¢ provision5 applicable to charitable con]patLies subject io ihe
Small companies r¢gime.
The f￿ancial $laiements were approved by the Board of Trnsiees and autherised for issue on 3rd April 2025 8nd ivere signed on its
behalf by-.
Corf
e (Jun 16, 2025 09'.20 GMT+Jl
C S Ritclll"e-TNstee
Th¢ notes hmi part of these financial 5taterEJents
Pag¢ 7

CRIMOND CHARITABLE TRUST
IYOTES TO THE STATEME,NT OF CASH FLOWS
FOR THE YEAR ENDED 31ST AUGL&iT 2024
RECONCtLIATfON OF NET EXPENDITURE TO r4rr C'ASH FLOW FROM OPERATll¥G ACTivfTIES
2024
2023
f4et expenditure for the reportimg perlod (as per the Statement of Finaneial
A¢tiiities}
Adju$tmertts for:
Dcpreciation charges
Losses on inve5trnents
Decreasel(increasel in debtor5
lllerease in Creditor5
16242,1881
(80,074)
3,863
6,250,822
10,980
1,607
3,862
107,", 85
126,059)
10.217
Net cash provided by oper8tloll5
25,084
15.731
AIYALYSIS OF CHANGES IN NET FUNDS
Ai 1.9.23
Cash flow
At 31.8.24
Net C95h
Casb at bank
70,855
25,084
95,939
70.855
25,084
95.939
Total
70,855
25.084
9S.939
The note5 fomipart of these financial statements
Page 9

CRIMOND CklABJTABLE TRUST
NOTES TO THE FINANCLIL STATEhlENTS- rontlnued
FOR THE YEARENDED31ST AUGLST2024
DONATIONS AND LEGACJES
2024
Donatiolls
1,630
OTHER TRADING ACTIvrrIES
!U:4
Rent Received
Service Charges
Supply Charge5
Room & Equipment Hire
86.264
26,202
67.406
775
94,487
26,249
68.183
584
I xo.t47
189,503
SL?PORT COSTS
Governanc¢
costs
Management
Finance
Totsls
Otlw resources expended
169,072
102
4,409
173,643
NET ENCOMEI(EXPENDITURE}
Nel income/(expendiwr¢) is stated after chargingl{credi¢ingl'.
2024
2023
Auditors, r¢muneration
Depi'eciation- owned assets
4.950
3.86:
3,863
TRUSTEES, RE￿luNERATIoN AND BEYEFrrs
There were no I￿￿ttE$, remunerdtioD or other benefits for the year ended 315[ August 2024 nor for the year ended
31st August 2023.
Trustees, expenjes
ThEre weR no tru5tees' expell5es paid for the yw ended ?Ist AUg￿￿t 2024 nor for theyear ended 31st Au&Jst 2023.
STAFF COSTS
2024
2023
Wages and salaries
14,809
13.807
14,809
13,807
The av¢rag¢ monihly nLtmber of wnployees during th¢ Y￿ as follow5..
2024
OperatLOnS
ND employees received emDlunHirs in excess of £&).OIH).
Pagell
eontinued...

CIUMOND CHARITABLE TRUST
NOTES TO THE FtNANCJAL STATEI¥IENfs- ¢oDtillued
FOR THE YEAR ENDED 31ST AUGLST 2024
io.
INVESThlENT PROPERTY
FAIR VALLE
At Isi Scptcmber2023
Revaluation
6.920.827
16,250.t12?
At 315t August 2024
670,000
NET BOOK VALUE
At3 l$t Aiigusi 2024
670.000
At 3 1st Au8USt 2023
6.920.82•
T1￿ Medical C¢ntre and Community Hub w&s valued on 28 May 2024 by Groham & Sibbald at a Fairvalue of £670.0(X>.
Included in inv¢sttnEIIt property is freehDld land valued at £IOO.IM)0 (2023- £100,IIIXII.
A Fair Value of the land (which does not In¢lude 5.?
acres of land locaied North Il'est of the Hub. doThaied by Score groiip
ple dkjriiig the year to 31 August 20191 and property was i'alued on a Depreciated Replacemeni Casi {DRCI i￿Odel
valuation.
Fair value ￿ 3151 August 2024 is r¢pre5ellted by..
Valuation in 2018
Valuation in 2a23
Valuation in 2024
Cost
18.133
1107.7851
16.250,8221
7,010,274
670.000
ii.
DEBTORS: AMOUYI TS FALLING DUE WITHIP4 OIYE I'￿￿R
2024
2023
Trade debioT5
Other d¢btOTS
VAT
15,451
485
735
20,365
9233
21.307
Prq￿a￿ents aTLd incotn¢
17.476
37,036
48,016
Page 13
conrinued...

CRIMOND CHARITABLE TRUST
NOTES TO THE FtFIANCIAL STATEI¥IEWTS- Continued
FOR THE ￿AR ENDED 31ST AUGUST 2024
13.
IIOVETrIENf ll¥ FL￿IDS- continued
Comparntil'e Thet mov2ment in included in Ihe aboi'e are as follows..
Incoining
resources
Resources
exp¢nded
Gains and
105ses
MovcmEnt
in funds
Uthrestricted fuDd8
General fund
189,503
(161,7921
1107,7851
180.074)
TOTAL FUNDS
189.503
{161,7921
1107,7851
(80.0741
A current year 12 mottths and prior Ye￿ 12 months cornbined position i8 45 follows..
Net
Tnovemeiit
ID funds
Ai
31.8.24
At l L).72
Unrestrlcted funds
General fimd
7.119,028
(6,322,262)
%lh,:.66
Restricted funds
Uktaine Relief Fund
1.94
1,942
TOTAL FUP4DS
7.1411,970
16.322.*621
818,708
A cu￿ent year 12 months and prior yeJr 12 months combined net movem¢nt in fimd& included ill the above are &5 follows..
Incoming
resources
Resources
¢XP¢Dded
Gains and
losses
Movemettt
in funds
Unre5trlcted fllnds
General fund
371,780
1335,435)
16.358.607)
16.3212621
TOTAL FUI¥DS
371,780
(335,435)
16.358.607)
{6.322,262)
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st August 2024.
Page 15
continued._

CRIMOND CHARtTABLE TRUST
DETAILED STATEhlENT OF FILIANCIAL ACTIVITALS
FOR THE YEAR EYDED 31ST AUGLST 2024
2024
2023
INCOME AND ENDOIfyTrIENTS
Douatiou5 alld le¥acies
Donat10115
1.630
Other trading a¢tivitie5
Rent Received
se￿ICe Charges
Supply Charges
Room & Equipment Hi
86.264
94,487
26.249
68,183
67,406
775
180.fv17
IR9,5O3
Total kncoming r&8our¢es
189,%03
EXPENDITIJRE
Support Costs
M*nagement
Wdges
Rates and wa*r
In%ur3nce
Light gnd heat
Comput¢r Exp¢n5C5
MoiorExpellses
Sundnes
Repairs
Fttehold property
14,809
8.821
17,546
92.924
329
130
0.397
24,253
3,863
13.807
14.899
8.449
92,085
415
204
8.113
13,317
3,863
169,072
155.152
Bank charge5
16?
160
Go￿erna￿CE costs
Auditors, remunerntion
Accountancy [¢¢5
Legal fees
4.950
1.530
1,709
2,7110
4.409
6.480
Total resources expended
173.643
161,792
Net income before gains aDd Ir055es
8,634
17.711
Relitsed re¢oglltsed gains losses
Reali5ed 8ainOllosses} pruBrdmtne related
investments
{6250.8221
(io,,
Net expenditure
16242.188 1
{80,0741
This page (ioes nDt fotfflP9fi of the sta￿tOry flnancial statemeois
Page 17