CRAIGTOUN
COUNTRY PARK
FRIENDS OF CRAIGTOUN
(A Company Limited by Guarantee)
REPORT AND AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
REGISTERED CHARITY NUMBER: SC044249
COMPANY REGISTRATION NUPIBER: SC440222

FRIENDS OF CRAIGTOUN
(Llmited by Guarantee)
DIRECTORS, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
LRAItsTOUN
The Directors are pleased lo present Iheir rekK)rt together with the f￿ancial statements of the Charity for the
year ended 28 February 2026.
The Ch8rlly has chosen to adopt the Charill8s SORP IFRS 102} 2026 ahead of Ils mandatory dats, and th8
finoncial slalemen18 follow ils requirements thng cuttenl applicablg laws and regulati￿8.
Charltablo Purp080S
The Friends ol Craigtoun seek to maintain Ihe sustainable operat￿n of Craigloun Park including Its oclivilles,
afo and gardens lo meet the lollowing charitable obigctNe8.
To secure the future ol CiakJloun Park as a iecre8llonal f8cSllly avallobl8 to all mombers of the publlc.
To advanc8 clllz8nshlp or communSly devalopmanl {Indudlng Ihg promollon of clvlc re8pon81blllly.
volunteering and the voluntary sector).
To advance health and well-bolng by securing the lulure of Cr8igloun P8rk as an outdoor are8 lor
walking 8nd exercise lor all members ol the public and for play by all children
To advance envlronmenlal prolecllon andlof Improvement wllhln Cralgloun Park and In p8rtlcul8r
through the mainlen8nce, con88rvallon andlor Improvement of Cralgloun Part(.
To odvance 8ducallon. particularly amoTrJ lh8 U8er8 of Cialgloun Park.
To advance heritage, particularly 8mono users of Craigloun Pa￿, Indudlng through:
incieasing publlc knowledge ol Ihe history ol Cr81gloun Park.. and
preserving and improvlng lor Ihg benefit of Ihe general publlc. tho hl8lorlc81, archll8clural and
con8liuctlon81 herllage Ihal may exist wllhin Cra￿lOu￿ Park In bulkllngs {Includlng any 81ruclur
or erecllon and any part of a building as so dolinedl ol particular beauty or h151orical,
archileclural or ￿nStruCtIOnal in18r￿1.
To provld8 recroalional lacilili88, or the organisalion of rgcroallonal 8cliville8, wSlh tha obl6cl of improvSrKJ
Ihfj condllions ol Ilfe for all members of tho pullic who wlsh lo use Craigloun Park.
Rovl•w ol the actlvltle• and Achl•v•ment•
Over411. the numbei of vi8llors lo the paik and Ihg use of Ihe Calé decfea8ed this yèar. We belleve Ihl8 was
princlpally due lo Ihe current c051 of Ilvlng challeng88 and the temporary Ios5 of OUT boating Bctlvlly whlle the
Dutch Village resloralion work was being carritid out by Fife CounGII. The Friends of Cralgloun contlnued lo
opgral8 Iho other Park fun aclivilies including the Rio Grande Tr81n, Puffin, Billy Road train. Pulling. Crazy
Golf, Park Gowl. Bouncy C8sil¥s, Go Karts, Pedal cais lor under 8,$. plus. Free lo use Acllvllles,. Trlm-tralls,
Zlp wlre, TrBrnpollnes, Chlldren's play area 8rHJ an all-lncluslve play ore8 lor vlsll(Jr8 wllh addlllonal n6ads.
This yeai, the new activity ol Touch Tennis was introduced which proved popular.
Th8 speci81 even18 such as Ihg Ea$ler W6ek8nd, Hislory In the Park, the Summèr FalT, the HAllowe6n event.
Chrlslmas Wreath Maklng, S8nla Paws 8nd S¥nla's Chrlslmas Grollo were also held wlth great success.
This y88r we launched our guided Heritage Walks in the Park, run by volunteer6, these aro held on the first
Sunday of 8very month.
so held on the first Sunday of Ihe month Is our new Arnied Forc•¥ Volerans Br8akfast Club. whlch h88
provèd popular since Ils launch In January.
Thls winter we co-facllllated Wlnler Wellness ses51ons wllh Fife Coast and CounlrysSde Trust. These were
well recelved by 811 who allended and basod C￿ Iho 8ucces8 wlll be (x)nsldered f(K the 2026127 Wlnler
programme offering.
The Café continues to b8 an in4emand facility 8spec1811y ￿￿Ing th8 summer monlhs.11 a150 enabte5 us Io
provide facilities lo support Sunshine Kitchen and has allowe(J us to launch our Addlllonal Support Need5
IASNI Caloring prolecl.

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
DIRECTORS, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
CRAItsTOU
We obl8ined funding lo run our inaugural ASN Catering Project. which comprises OT short training programs
for young people with ASN. Hoving successfully completed our firsl year we have secured lunding lo expand
this program Snlo Ils Second year, lo operale throughout the year and focuslng more on leafners with ASN
8ged 16+ We are exlfemely grateful for the funding received fiom Thg Robertson Trusl, The Gannochy
Trust. The Menlal Health and WellbeirwJ Fund ladminislefed by Fife Voluntary Action) and The National
Lollery Community Fund, Fairef Life Chances.
We conllnue lo explore a full refurblshmenl oflhe Pottlng Shed to create a welcoming, upgraded Café space,
which will al80 allow us lo showcase the fich heritage ol Craigloun Park. This focilily will enhanco tho vlsilor
experienc8, offering improved hospilallly and a me8ningful connoclion lo the Park's hislory. Subslanllal
exiernal fundlng wlll be roqulred lo reallse Ihl8 ¥lsion, and lundlng options arg ¢urrenlly b8lng Invesllgaled.
Voluntger Group•
The vc4unleer groups al Fritsnd8 of Cr8igloun 8re essenliol to enabllng a suslalnable oper81ion ol lh9 Pork
8nd as in previous years they have provlded 8 ma8slve contribution to our succes5 and collecllvèly enhance
the overall appeafanre of the Park. During the yeAr over 6600 volunteer hours werg provided by our
mainlonance. Bmeni1188 and 8dminl8lr811on voltjnloers and a furiher 2478 hours by our Garden Group. Wo
conllnue lo be imm8n3ely gr41olul lo our dedlcaled group8 of volunleers 91 Ihe Park.
As an uxample, th18 year, our malnt8nanc8 volunle8TS have erected and bu511 a play bam compl81& wllh
muddy kitchen and barbecue area. Thi5 expands our wel weather facilities 8nd incroases our play ofleTing8.
W8 would Ilke lo Ihank the Klnbum Trusl lor the fundlno tho1 has allow¢d us lo comp161e Ihls projecl,
Th18 wa8 a woducllvo year for our Gardon Group. wilh Ihe revamped beds Ihrlvlng and th8 Plant Sale raSslng
over £1.000. In November, our volunteer oardeners coll8boral8d with Fife Coasi & Counlry8ido Trust,
supported by SunshSne Kll¢hon and Madras College pupi16, lo plant slx Sakura cherry trees wovided by the
Sakura Cherry Tree Prolecl.
We have conllnued Io f¢CQiV¢ mony volunl¢ar hours Irom the C88118 Hunlly reh8bllSlalion 8chgme and from
Madro8 College pupil 8UPPOrt unll. In addil+on. we havé $upportgd volunteer Inlernshlps Irom th8 Unlverslly
ol Sl Andrgws.
Tralning and support Is provlded for our volunteers as well as our s88son81 workers 8nd p9rmangnl staff
when required. Addilional vdunleer5 are always mosl welcom8- ensuring a resilient an(1 growlng volunteer
loam wlll remaln a prlorlly for I1￿ yoar ahead.
Flfg Coun¢ll
Wa continue to IIBis6 and work with Flle Councll. our Fandlord, lo encouraoe 11 lo fulfil the form81 S8rvicg
Level Agreemenl urKler our18888 on the malnlenance of areas of Ihe Park. The Council has been supportlva
and where possiblè acts upon our iequesls given th8 (e8oufce8 avallable to il. Our Gafden Group, in
P8rt1cul8r, Is lttankful for Sls conlinued support.
The Dutch Vlll8gg. In the ¢anlrg of the Park, Is an iconic bulldlng owned by Fife Councll and was In need of
uigenl repairs. We are pleased lo r8porl Ihal File Council's conlraclors hav8 been working Ihroughoul this
past year lo carry out the remedial work lo remove the ¢￿eS growing out ol the rool and walls and securg
the structural inlogrily of Iho building. The external r¢novalion work is now complete and we expect thal11
will be posslb18 to open the boallng pond 8rwnd the bulkllng for summer 2026.
Ptrnianent Staff
W8 have 8 pefmanenl slalf complimgnl of four people. and they are invaluable in providing lh8 day-t(HIBy
op8ratlonal management and In ensuring Ihe Park runs as effKlenlly and effectively as possible.

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
DIRECTORS, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
LRAItsTOUN
LoGal Communlty Groupj
Wè have conllnued lo bulld on our communlty relBtion$hlps wllh many local and Natlonal Groups. Our
relallonshlp with Sunshin8 Kllch8n has dev8k)ped and they conllnue lo run OUT Café for two days a week
Over the winter period, using Some produce they grow in the park.
Vvllh the relocallon to thelr n8w bulldlng at Craigtoun. our relatlonshlp wllh Sl Andrgws Men's Shed h85
conllnued to glow.
Paik Run consislenlly draws ovèr 200 runners evory Solurday momlng and Guardians on the Go 6x9rclsè
around Ihg park most Wednesday mornlngs.
We continue lo work collaborallvely wilh local secondary school Madr83 College provldlng volunleerlng
experiences lor the puplls. Thls SpriThJ has seen Ihe return of regular vigils ol pupil groups Supporled by
Staff, who have adopted and aro transforming tha formfjr avi8ry 8pac8 10 a more acce6sible environmanlal
18arnlng space.
In November we held our first Communtty Group Nalworklng evenl and we were dellghled lo w8lcome
811ende&s from elghl dlfforenl communlly groups lo gain insights and f8odback on how w6 can work bellei
togelhar golng forward. Wa Inlgnd lo conllnue thèse ongagemgnl 8esslon$ In 2026.
The Dlrector8 wlll conllnue lo bulld on Ih68e and olhw con*nunlty relallonshlps In th6 eomlng yoar.
8uitalnablllty and tho onvlronmont.
Concorn for the 8nvlronmenl 18 an Integral part of our commllmenl lo suslalnabl6 d￿elOpMent. We
recognlse our r&sponsSbilily lo reduce wr carbon and envlronmenlal loolprlnls. Our aSm Is lo reduce the
Impact on the envlronmenl ITOM our op8rallon$. As part of Ihls commllmenl, ovgr tho pas1 two years wg
88cured £40,000 fundlng lo Install 29kw ol solar panels and a 57kwh ballery and havg lulure plan810 sook
fundlng lo Install Another 44kw ol additional solar pan61s and 8 57kwh ball8ry System. This wlll reduce
ongoing eleclrScity costs by an esllmaled 90*• and move us lowwds nèt zero.
Plan• for th• Futur•
To Improvo the visllor experienco al the Parlt 11 w511 be crilical to secure sub818nllal oxlornal lundlng lor
development of Ihe Polling Shed 8nd the lulurg developmpnl of Ihg Oulth Village. The Dlreclors wlll
conllnu8 lo pursue fundlng opportunllles. bul glven Ihe slgrllflcanl amounls InV￿ved11 could lak8 sorne years
before PTogres81s made on the redevek)pmenl of the interior of Ihe Dutch Village.
Th8 Park has now been op8raling lor over 75 years. having firsl been opened In 1950 by Fife Council. The
Dlreclors want lo ensuro that the Park continues lo be a go lo dasllnallon for the people of Flle and vlsllors
from near and far to suslaln its fulure op8rallon8 for decades lo come. Th81 wlll T8qulre 8xI8Tnal funding to
upgrade facilities lo meet modem standards whi151 calortng lo Ihe dlverse needs of our vlsllors. We wlll need
Ihe continued support of our volunteers whose unwavèring dedicalion along wllh our parmanenl and
88ason81 stoff ensures the Park's smooth op8ratlon.
Durlng 2026 we will be holding a number of new events In park to widen our client base and increase
foolfall to the Park.
We also need lo cr8818 an Incluslve environment that ap￿alS lo vlsllors of 8118ges and backgrounds and
with that in mind our continued support for communily-focused gr04Jps and developing rfjlalionshlps with
local organisalions will be import8nl lo delivering on our goals and fullilling our charilable purposes.

FRIENDS OF CRAIGTOUN
(Limlted by Guarantee}
DIRECTORS. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
LRAIGTOUN
Risk Manogement
Th6 Dlrectors have assessed the major Tlsks lo whlch the Charlty Is exposed. thes8 Includ6 Ihose relallng
lo govfjmance, operatKins. flnances, external factors and compliance. and are satisfied Ihal sys19ms are in
place lo miligale Ihe Charily's exposure lo th6 major risks. Risk assessments a(Idress all key areas of the
Charity's acllviliès and are reviewed on a rogdar basls.
Flnanclal Rwlew
The Charity has garly-adopled the Ch8rllies SORP IFRS 102} 2026.. the financial sial&menls for the year
reflect Ihls change and, as dlsclosed In the notes. Indude a reslalomenl ol openlng r8setV8S 8rislng from the
Iransiilon. Thls adluslm6nl Is extAained in Nol8 5 to the accounts and is highllghled here lo ensuro
transparency aboul Iho impact of the new reporting framework on compafalive figures and Ihis year's results.
Frt8nds of Cralgloun's day-to-day operallons and rnalnlenanca are funded almost enllrely by recelpls
gener8led from wllhln the Park, prlnclpally Ir¢Jn admi8slons. Park gclivllles. and the Café. whlch conllnues
lo operale through the winter months. Thls model means Ihe Charity's income profile is highly seasonal and
senslllve lo wealtter condllions and Iho school hdiday cabndar, wllh the bulk ol receipls loalised ov&r Ihe
E8$ler and Summer peilods.
Our expondllura pallorn mlrror8 that 8easonallty. Slofflng arKI 8tAlvlly co8t8 paak In Ihe wamer months when
we recrijil a number of local seasonal personnel lo deliver Ihe programme of events and moinlaln visitor
88rvlce8. These temporary increases In payrc418nd 0porat￿g w$ls 8r8 es88nlial lo meet demand al our
buslesl Ilm65.
Becau8e ol the seasonal m18m8lch belween inxime and ongolng fixed o)818. 11 18 nece888ry lo hokt
8dequBle r8serv881o mael the Park's commltmenls during quieler monlhs. Roulino malnlen8ncè 8nd winter
fUf)nlng Gosls are rnel from Ihese reserves and from op&ralSng cashllows, whlle slgnlflcanl c8pllBI projects
Includlng new facllllles and rnalor bulldlng repairs
aro funded prlmarlly through external gr81118 and
donallon8 r81her Ihan Irom unre81ricied trading income.
Thus, malor piolecls lo Improve and upgrade th8 Park can only bg carrled oul when external fundlng
donollons and grants, Bre recalved. We h8V8 been fortunate Ihls year Io secure grants and donatlons whlGh
have enabled us lo progress wilh 8 numbér of proj6cls including the rolurbishmenl ol the m8Inlen8nce yard
buildin9s. ballèrlè$ for so181 Panels. air sosjrce heal PLtmps, Installing 8 new play bain 8nd ¥epaidng tho ¢razy
golf course, purchaslng new Galé equiprnenl, upgradlng our F81ry Glen, and other capllal equlpmenl, wlih
8pèntl lolalllng £129,968 . We are exlremoly gialeful lo all our fundors and donaloTs. wllhoul whom IhgS&
projects could not have been 18ken lorward. In ioiaS Ihis year cawtal expendilure on the Park amounted lo
£160.04912025 150,9441.
In the year lo 28 February 2026, the Frlends of Craigloun reported grants and donallons, recglved and
receivable. 01 £253.523 {2025 £168,688), ol whlch £240.56212025 £146,841) w88 reslriGled,' in accordance
with the adoption of SORP 2026, £219,181 of Ihis year's grant income has been def8rred1£203,522 nel of
th18 yeai's relea88 of that income).
Income from ch8ri18ble aclivilies fell lo £593.407 {2025.. £670,684). prineipalty because lickel and event
receipts were bwer.. lickel. evtsnt d8yS and sh4) $81es reduced lo £289.74312025.' £345,09418nd café sales
were E287,607 (2025.. £310,339). A numb8r of faclors conlribut9d to a w9akgr Iradlng year.
The Dutch Village reslorallon work. whlch required tho boating pond lo be laken out of use for parl of the
season, materially reduced boaling-relaled lickel incoffle and is likely the mosl significant operational reason
for th8 decline fooll811 and activity Income, whlle the wlder coSl￿f41vIng onvironment will also have had
an impact on visitor behaviour.
Expendllure was £759.826 12025 £732.507 as restated). Wilhln charflabl& exp8ndlture, £53.252 (2025
£23,195) related lo reslricled funds. We pay the Real Living Wage forseasonal personnel, which along with
the increase In National Insurance has incrèased our staff costs.

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
DIRECTORS, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
LRAItiTOUN
There was an over811 loss lor the year 01 £58.248 (2025.. profil £15.4451. However. in cash tem78 ihe
operaling fesull on chÉrilablo activities before deprgcialion charges. and incomalcosls related lo reslricled
donallons, was a loss of £23,104, and after unrestricted donation recelpts of £12.961. a loss ol £10.143,
which was adgqualely covered by Teserves.
Al 28 February 2026, th8 Charlly hekl total funds of £271.328 {2025'. £329.5761, compr181ng unrestrlcl8d
re88tve8 of £254.631 12025.. £310.5311 and reslrlcted reserves of £16.69712025.. £19.045}, Ihls roslricled
ba18nce 5s after deducllng deferred income of £76.790 relating mainly lo grant funding for next year's ASN
programme. In pracllce, Ihe Charity held reslricled cash balancgs of £62,518 and a further £30,969
recolvable from the National Lollery. fepfes8nllng funds alrgady secured for spgciflc projects. Thes8
amounts will be applled In accordance wllh donor condillons as the rBlaled aclivilles progress In calendar
years 2026 8 2027.
Doslgnaled fLsnds of £10,202 wllhln unrestrlcled r8serv6s12025.' £55,784) waro IncreBsed and ulllls8(J durlng
the year lo support mainlanance and 8m8ller-scale prolec18, and £17.627 WAS also used lernporarily lo meet
shorl-lerm lunding requirernenis pending receipl ol grants. The general lund primarily represents Ihe
Charlly's inveslmenl In f¢xed o$sels, while d6signaled funds are axpecled lo be ulilised over tha coming
months, although the Communlly HLsb proje¢l expenditure will be dependent upon progr8ssSng sludlès lo
extend ulili1185 to Ihg proposed sile. Tho Board maintains a maintenance reservo for unlore8e6n repalrs
and a general raserve lo provSde reslliènc¢ ogainsl season81 Irodlng flucluallon8 or advarse weather.
onsuring sufficient cgsh resources lo mg01 operallonal needs.
Looklng ahead, Ihe complellon of tha Dutch Villagè r8palr8 and the r8op8nlTha ol the bDallng pond should
Improve vlsilor numbers and acllvily Incomg in Ihe coming season, provlded wèalhor condiilons 8re
f8vourabl8. The Board remaln5 caullou8 bul cylbmlslk.. we vlll conllnue lo monllor Iradlng closely, malnlaln
8n gpproprlalo lovel of 198erve8 to manage seawnalily, and prlorllise extwnal fundlng for malor capllal
works so that unre8trScled operallng Income r8maln8 lo￿50d on 8uslalnlng day-lo-day Park service8.
Falr Work Flr8t- Slaff ¢o•ts
F81r Work Fli8t Is the Scollish Govemmenl's flagship pollcy for drIVi￿ hlgh quallly and falr work 8cro$s the
18bour market In Scotland by applying lalr work crit8ria to giants, other lundlng and contracts belng awarded
by 8nd 8oro88 the publlc $eclor. Through Ihls approach the Scottlsh Govwnmenl Is a8klng empfoygrs to
sdopl falr working praclices. Frl8nd8 of Cralgtoun Is commllted to advanclng the Falr Work Fir81 crllerla,
includln9 the Real Llvlng Wag&.
In1Sghl of Ihe Government's incre8se In Ihe N8lion81 Living and Mlnimum Wage 8nd the increase in Ihe Real
Living Wage. along with th& in¢rea5e In Employer's National Insurance, il has regrellably been necessary lo
In¢rgase the 2026 prlces lor the oclivllle8 In the Park lo help with the 8uslainability of the Park's opèrallon$.
Res•r¥e• Polky
The re8erve8 pollcy of the Ch8rlty18 to engure that sufficl8nt Ilquld lunds aro avallable to '.
provide financial stability and suslaillabilily..
ensurg that sufficient liquid funds are availabl8 for tho Charlly lo functSon during the off-season
l.e. over the winter when expenditure exceeds the Income,.
ensure that the Charity can function should Income or funding rgduce due lo unanllclpaled
gvenls Ithe resefve funds ￿11 enable the Charily lo funcllon foi a Ilmlled pgriod during whlch the
8oafd can assess the yilualionl.,
provide funds for ￿e￿ssary maintenance of assets and upgrade of aclivities-
help lund futu￿ proj8cLs and inilialives Ihat align with Ihe Charity's missions.,
protect against unplanned adverse events e@. gmgryency repairs or unexpoclgd operallonal
costs.

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
DIRECTORS, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
CRAIGTOUN
In calculating Ihe available liquid reserves the Charity excludes restricted ILtnds and fixed assets from the
calcijlalion. Due to the seasonal nature of the Charity's incom8, the availablè liquid reserves will ftucluale
duiing the year when Ih8y ale built up over the Income gener8llng porlod and depleted during the wlnlei
peTlod.
The Directors are sotisfied that lh8 reserve¥ aré sulfici8nt to mggt tha lulure n88ds of the Charity.
Investment pollcy
The Direclors do not hold funds for inveslmenl. The Direclors ar8 S8tl$fied that Ihe cash hokl In reserve Is
In bank accounts Ihal give a $ultable b81ance b8lw8en ease ol access and rolurn of Interest.
Structure. Govgrnance and Managom•ni
The Charily Is a company limited by guarantee with no sharo ￿PItal, Incorporated on 14 January 2013 and
govorned by118 Artlclas of Assoclallon. The Ilablllly of each member in th8 evènl ol 8 wlndlng up Is Ilmlted
10£1.
The Charity is administered by a Boord ol Dirè¢lors who meet approxima161y lèn Ilmes per year. The
Dlrectors also undertako a consldefable amunl of volunlary and unpald work oulslde forwnal In88llngs,
includlng oper&llonal Involvemgnl, and widar oversight ol the Charity'8 affalr8. The day40-day work 18
manaoed by the Park Managemanl Commlllee and the Park Manager.
The Ch8rily's poy policy ensufes falrness and 11onsparoncy. Aclivily start and ¢af¢ staff 8re paid 81 Iho
R881 Llvlng Wage Rate, reflecting the org8nlsollon's commllmenl lo 8qull8ble employment pracllc8s.
Sdlarles lor manBgem8nl, 8upfjrvl8OfS, and olfice staff are rovlew8d annually and malnlalned In Ilne wllh
Inllalion, laking account ol allordabilily and prevailing market condllions. The Board considers Ihls approach
proportionale lo Ihe Charily's size and resources.
Any member ollhe Charlly who wl8hes lo be o)nsklored ft)T appolnlmont 88 a Dlrector ot 8n Annu81 G*)n8r81
Meellng 8h811 lodge a wrillen nollce ol their willingn8S8 to be appoinl8d, lin such form as Ihe Director8
require), signed by Ihe member, 818ny lime vp lo the commencem8nl of the Annugl Ganeral Me811ng wlth
the Chairman. Direclors may ba appoinled by ordln8ry fesolulion.
The Dlr8ctOfS MBY al Any Ilme appolnl any member. (providlng h8lshe18 willlng to acll, lo be a Dlr8clor lo
flll 8 vacancy or a8 an addllional Director. The Direclors may also appoinl a non-membar, (providing helshe
15 wllllng lo acll lo be 8 Covopled Director.
The Charity ha8 procedures lor Ihe induction and Irainlng ol Directors which indude 3 briellng meeting with
the Chairman and provision ol copies of the MemorandLFm & Articles of As8ociats'on and other key
documents.

FRIENDS OF CRAIGTOUN
(Limited by Guarantee}
DIRECTORS, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
(.'RAIGTOUN
RefernnGg and Admini¥tratlve Inf0M￿tIon
Scolllsh Cha¥lly number..
Company Reglslralion number..
Oporalion81 address..
Regislargd Offlc6'.
SC044249
SC440222
Cralgloun Pwk, Sl Andrews, Fife, KY16 8NX
clo Th￿nIons. Klnbum Castle. Sl Andrews, Frfa. KY16 9DR
Dlrèctors and Tru8teo•
The Dir6clor$ ol Ihe chaiilabl6 company I'lhe Charilfl are ils 'lruste8s" for the puipose of charily18w and
throughout Ihls report 8re coNeclively referred lo as the Dk8cloTs. AU Olreclors serve on a voluntary basls
and rocelve no remungr8llon for ihglr servlces.
The Directors 8erving durlng the ￿1h)d and since ihe perlod end were as lo11￿8..
Margar81 L888
IChalr}
John Boog
(resigned 7 Oclob8r 2025
Alexandèr Clark
Campb811 Murdoch
Flona Oxley
Henry A Paul
Nicola Shepherd
Douglas Slophen
Rhoda Wllson
Al Ihe nrsl general m8eling all ol thè m8mber Dlrector8 $h811 rellre from office. Al each general meellng
(other than the fifsll 8ny member who was appoinled by the Dlreclors In the period from the dBle ol the last
8nnual general meèting ¥hall rellre Irom office and out of the remalnlng member Dlreclors, one Ihlrd sho11
rellT8 Irom offlce. The Dlreclor8 lo rellre shall be IhosB who havg beon longest In offlce slnce they ware la81
8ppoinlèd or r84ppolnled. A Dweclof who retired from officè sh811 b8 avallable (or re-election. Al the
conclusion ol each annual general meellng 811 co-oplod Directors wlll vacatè office and wlll Immedlal8ly be
eligible lor re-oppolnlmenl by the board. Thè maximum number of Direclors shall be len. ofwhich a maximum
of sovgn Bhall bo member Olr8ctor8 and a moxlmum ol three Shan be Copopled Dlrector8.
Senlor Mttn•g•m•nt
Poul Dlxon - Park Manager
AuthoYls•d Corporato 8•rvlce Provld•r
Thornlons Law LLP
Klnbum Castle
Sl Andrews, Flfe. KY16 90R
Our advl80rs
Audltors
BK Plu5 Audll LlmllBd
144 Nelhergale
Dundéo DD14EB
Sdicllors
Thomlons Law LLP
Ktnburn Castle
Sl Andrews. File. KY16 9DR
Bankers
Bank of Scotland plc
1 Queens Gardens
Sl Andrews, Fife, KY16 9TD

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
DIRECTORS, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
CRAI(ITOUII
Dlr8ctors' r8sponslbllllles In relatlon to tho flnanclal 8tatemgnty
The Directors are rèsponsible for pi8paring Ihe Directors, Report and Ihe ftnandal statements In accoidanc8
with applicable law and United Kingdom Accounting Standards Iuniled Kingdoin Generally Accepted
Accounting Pr8clice}.
Company law rgqulres the Dlrectors lo prepare ftnancial statements for each Ilnanclal per1￿ whlch glve
tru8 and lair view ol Ihe slate of affaifs of the charltable company, induding the Income and expendituie ol
the charitable company, lor Ihal period.
In preparlng the80 Ilnandal slalements the Dlreclors gre requlred lo..
select Sultable Bccounllng policies and Ihen apply them consisienlly and observe the methods and
princlples in the Charilios SORP..
make judgements and esllmales Ihal are r8a80nable and prud8nl'.
slate wh8lh8r appllcable accounllng standards have been followed, 6ublect lo any maltrrlal departures
dlsclosed and explalned In the flnanclal slalemen18', and
prepare thè financlal slalemonls on the going ts)nc8m basls unloss11 Is Inapproprlale to presum8 that
th8 charlly will conlinue in operallon.
Th& Dlroclors are rgsponsible for fflalnl8lnlng proper aceounllng records whlch dlsclos8 wlth r888onable
ccuracy 818ny Ilm? Ihe financlal posilion ol the charily and en8ble3 them lo on8iJre that Ihe llnonclal
stalgmenls comply with the Comp8ni8s Acl 2006, the Charill89 and Truslee Inve51menl ISco118ndl Acl 2005
and the Charilios ALcounls (Scollandl Regulalions 2006 las omendedl. The Dlreclors are also responslble
for sal8guar(Ilng the ossels of the ch8Tily and h6nc8 lor laklng roa8ongble slep8 for the pr8v&nllon Bnd
dalecllon of fraud and olhor Irregularllle8.
Small Company exemptlon8
The Dlreclors have pr8pared 11)I8 report In 8ccordance wllh the 8poclal provlslons re18tlng lo $m#ll compan188
wllhln Part 15 01 Ihe Companlgs AGI 2006.
Approved by the Olreclor8 on ioV% June 2026 and slgned on Ihelr behalf by:
Margaret Lees
Chair of Directo{$

FRIENDS OF CRAIGTOUN
{Limited by Guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE DIRECTORS OF FRIENDS OF
CRAIGTOUN
FOR THE YEAR ENDED 28 FEBRUARY 2026
Opinlon
We hav8 audited the financlal slalemenls of F￿8ndS of Craigloun Ilhe 'charilable company'l for the year
ended 28 February 2026 which comwse the stalemenl of financi81 adivilies, the balance 5heg1, the
slalemgnl of cash flows and notes lo the flnanclal sialements. Includlng 81gnlllcant accounllng policies. The
financi81 reporting framework Ihal has been ap￿led in fvir preparation is applicabl6 law and United
Kingdom Accounting Standards, Includlng Financtal Reportir)g Standard 102 The Financial Reporting
Standard applicable in the UK and Republic of Ir8land Iunllgd Kingdom Generalty A¢￿pIe￿ Accounllng
Pracllc81.
In our opinion. Ihe financl81818lemenls..
giv8 a true and lair vlow of the stale of the charitable comp8nls 8ff8lrs as al 28 February 2026 and of
Ils incoming r880ur¢eB and appllcalk)n of resouTce8, including 118 Inrome ano exp8ndllure, for the y8ar
then ended.,
have been proparly prepar8d In accordanc6 wllh Un51ed KlngdLYn Gonerally Acc6pl8d Accounllng
Practice; and
have been prepared In accord8nce wmh the requlr8manl¥ of the Compan488 Acl 2006, the Charities and
Trustee Invaslmenl IScollBndl Ad 2005 and regulatlon 8 of lh8 Charitie8 Accounts (Scollandl
Reoul81ions 2006 las amended).
Ba$ls for opSnlon
We conducted our audit In 8ccordance wSlh 1nlem8lional Sland8rd8 on Auditing IUKI IISAS IUKII and
ppIic8ble law. Our responsibililles under Ihose Standards 8re further describ8d in th8 Audilo¢s
ro8ponslblllllgs lor the audll of the Ilngncl81 statements socllon of our report. We are Ind8pand@nl ol Ihe
charilablo company in accordan￿ wilh Iho èthical requKomen18 th81 aro relevgnl lo our audll ol the financial
slalemen18 In the UK, includlng the FRC'S Ethical S18ndard. and we have fulfilled our olher elhic81
responsibilities in accnrdancg with these requirement3. We believe Ihal Ihe audll evldence we have oblainod
sufflclonl and approprlole to provSde a bas15 for our oplnlon.
Con¢luBlon• r•latln9 to golng concern
In auditing the financial sl8lemenls. we have ¢onduded Ihal th8 Dirèctors (who are also the charity Iruslees
for Scollish chadly law purpososl u8e of the golng concem bosis ol accounllng In thg proparallon of the
finanGlal slalemenls Is approprl8le. Based on the work we have ptsrformèd. we have not Idenlllled any
matèrial uncertainlies relaling to events Of condillons Ihal. indiv￿UallY or collecllvely. rnay cast signS1icant
doubl on the charltable company's abillly lo conlinue as 8 going concern for o pefiod ol 81188sI Iwefvè
monlhs from whgn the 1Snancial slalemenls are authori88d lor Issue. Our responslbS111ieo and Ihe
responslbllillgs of the Dlrector¥ wllh rgspect to golng conc8rn are descrlb8d In the rg19vanl secllons of Ihl8
report.
Other Informatlon
The Dlreclors are raspons1t￿O for the other Informalksn. The olher infomialion comprises the informalbn
Included in the annual report. other Ihan the financlal slalgmenls and our audllor's report Ihereon. Our
opinion on the linancial slalemenls does not cover Ihe olher information and, except lo the exlenl otherwise
èxplicilly slalgd in our repDrt. Wg do nol express any form ol assur8nce concluslon Ihereon.
In connection with our audit of the financial slalemenls. our responsibility Is to read the other inft)Tmalion
and, in doing so, consider whether the other information is materially inconsi51enl with tha linanclal
51alemenls or our knowledge obtained in tho a￿j[t c* otherwise appears lo be materially misslaled. If we
Idenllfy such malerlal Incons151encles or apparent malerlal misslatemanls, we are requw8d lo delermlne
whether there Is 8 material misslalemenl In the finanaal slalements or a material mlsstatemenl of the other
informalion.11. based on the work we have perf0M￿d. we conclude that there is a mater￿1 misslalement of
this other inform81ion. we are required lo rep¢Jl that facl.
We have nothing to report in thi5 regard.

FRIENDS OF CRAIGTOUN
{Llmlted by Guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE DIRECTORS OF FRIENDS OF CRAIGTOUN
{CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
Mattèrs on whlch wg arg rgqulrèd to report by •xc8ptlon
We have nolhing lo (oport in respect ol ihg following matters in relation lo which th6 Charltieg Ac￿UnIS
Iswllandl Regulations 2006 las amgndedl require us lo report to you If. in our opinion..
Ihe infofm81ion givon in the financlal statements Is in¢onsi$lent In any malerlal respect wllh the
Directors, report.,
or proper accounting records have not been kept. or
Ihe linanGial slalemenls are not in agreemenl with th• accounllng records. or
We have not received al the informalion explanations we requi18 for our audit
Re8pon61bllltles of Dlroclols
As explained more lully Ihe slalgm•nl o( Dlrectors. resp￿sIbilItIes, the Directors. who are also reaarded
s Ihg cl)arily Iruslees of the Chari18bl& company, are responsible for Ihè prepafallon of ltte linancl81
slalemenlg and for belng s8115flè(J Ihat they glve a liue a￿1 falr vlew. and IOT such Inl8rnal control a5 lh8
Dli¥clors delerrnlne Is necessary to enable the pr8pBrallon of fkn8ndo1 siatom8nls that aro Ire8 from
m81gri81 mls818lem8nt, whether due to Ir8ud ry 8rrt¥.
In prepollng Ihe financlal 51alémenls thè Dlreclors are rasponsible for a$sas$ing the charlt8b>e company'g
ability lo conllnue as a going concern. d19ch)91ng, as aP￿Icable. mallèTS related lo golng concern and
uslng Iho going conc8rn h8sis d 8CCOLtnling unloss the Directors ellher Inlond lo liquidale Iho charitabl6
mpany or to cea$e op8ialions, or have no realisliG allernalive bul to do so.
Audltor'• rosponJJlbllltlè$ for tho audlt ol the Iln•nclal $tJtgmgnt8
We hpve been 8ppolnted as audltor under seclk)n 441111¢> ol Ihe Charbtl98 and Tru$teo Inv881ment
ISco118ndl A¢1 200S 8nd report kn a¢￿dance wllh lh8 Acl 8nd rekgvant regulaUon8 made or havlng effocl
thoroundor.
Our oblecllves ara lo oblaln r¢asonablè a86urènce about ￿ether tho flnanclal 8lalernents as a wholg ar8
free from malerlal mis31alemenl. whèlher du6 lo frAud OT èrror. and lo Issue an audilorfs report that
inclUd￿S our rJp4nlon. Ro8sonable as8urance18 8 high lgvel of assurance bul Is not 8 guaranlee that an
audit eonducled In 8ccord8nee with ISA8 IUKI ￿ athys delect a materi81 misslalom¢nt whèn il 8xlst6.
Mi681al8menls can arise Ifom fraud ore￿￿ and 8re ¢onsldored m81orial il, Individually or In the aggfegate.
Ih8y could rea8￿ablY bo expected lo Inftuence Ihe economlc declslon$ ol u$er$ taken on the b8sls ol
Ih8se flnanclal $lalgmenls.
A further d98crlplknn of our r98pon$ibililles 1$ availoblo on Ihe Financlal Reportlng Councll'8 web8118 al..
hllp8'.11 wvM.Irc.org.uklaudllor8responslbllllies. Th18 descrSptlon fL¥ms parl of ovr audllofs roport.
The exlenl lo which our procthjurès are capBi4e of delecliry Irr6gularllle8. Includlng fraud, 18 deloil8d below,
Al the plannlng slago, w8 a53•ss th8 risk of mal8ri81 misslalement and any such ifregularilias And dasign
audit procfjduTes t8ilore(I to these risks which WKI be followed lo ensure th81 wg are capable of
meellng OUT respon61bllltl88 in this are8. With a chorltob18 company w8 deem the Ma￿ rlsks lo b&
mainlainlng the conllnulty of Incm slr¥8ms, and rgt8knlng SuffiC￿nI reswves to support the $ubsldiary
Ir8ding company.
Faclors relevant lo our assessmenl, have a posib've Impact on the capability ol our procedure510
detect such Irregularities. arè the size of the enlily. the complexlly of the entity's operatbns and OUT
undefslanding of Ihelr reoul810ry 8nd control environm¢nls.
The stsff working on this audit assignment haye been fuHy brlefed in rela11￿ to the charitable company's
8cllvllles, includlng the regulatory regkne in they 0[￿rate.
As part of an audil in accord8nce with ISAS (UK), we exerase professional judgem￿1 and maintsin
professlonal sceplicbm throu￿10vI ihe ÈLtdiL
10

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE DIRECTORS OF FRIENDS OF CRAIGTOUN
(CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
We also..
Identify and ass9S5 the risks of malarial misslalemenl of the financial stalem8nls. wh81her due lo fraud
orerror, design and ￿rfo￿ audll procedures responsive to those rlsks, and obtain 8videncè
Ihal is sufficient and approprialo lo provide a basis fol our opink)n. The risk of not ¢Jelecling a material
mlsslalemenl r8sulllng from fraud18 hlgher than for one resulllng from error, as fraud may Involve
colluslon. forgery, Inlenllonal omlsslons, mlsr&pre8enlallons, or the overfda of Inlemal control.
Obtain an under818nding of internal control re￿an1 io Ihe audll in order lo design audit procBdur8s Ihal
are appfopfi818 in the circumsiancés. bul not lor the purpose of expr888iThJ an opIn￿n on the
effectiveness of the internal control.
Ev8lLtale the appropr181eness of accounllng policiès used and the r68s0nablene8s of accounllng
gslimales and relalgd disd08ure8 mad& by Ihg Dir8clor8.
Evalu818 the overall presenlallon. 8trncture and u)nlenl of thé financi81 slalemen18, Ir￿UdIng the
disclosurgs, and wh8lh8r th¢ financial slalam6nl$ represent Iho undgrlying Iransacllons and &venls In
a manner th81 achl•ves fair wesenlallon.
Wè communlcalo wllh those chafged wllh govgmance regardlng. among olhei mallers, the planngd scope
nd IlmSno of the audll and slgnlllcanl audll fI￿lIng8, Includlng any slgnllcanl deNclenc588 In Inlgfnal control
that wg Idgnllfy durfng our audll.
Uie of our report
Th18 roport is made $0181y lo the Charlly'8 Dlroclor8, a8 a body, In 8¢cordance with Regulalion 10 01 the
Charilles Accounts (Scollandl Regulations 2006. Our audit work has b8en undertaken so Ihal we mighl
slate lo Ihe Charlly's Dlreclors those m811er8 we are r8quired 10 8181e lo them in An auditor's roport And for
no other purpose. To the fullest 8xlenl pgrmilled by law, we do not accept or a86ume responsibillly lo anyone
other than the Charily and the Ch8rlly's Director8 as a body. Iw our audll work, for this report, or lor Ihe
opinions we have formed.
Murray Dalgoty C.A. Isenlor Statutory Audltorl
For and on behalf ol BK Plus Audil Limited,
Slalulory AudiloT Chartered Certilied Accountants
144 N8lhergale
Dundee
DD14EB
BK Plus Audit Limilgd Ss eligible for 8ppoinlm8nl as audilcK of thè Charity by virtue of 118 ellglblllly for
appolnlment gs auditor of a company under Sec1￿ 1212 of Ihe Compan￿8 Act 2006.

FRIENDS OF CRAIGTOUN
(LimSted by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 28 FEBRUARY 2026
r••t•t•d
Tot•1
Total
UN•4lrlclOd Ro•trlct•d Fun￿ Un￿#trIct•d Rmlrfctod Fur
Funds
2026
Fynd¥
F￿dI
2025
Not••
Grth, doT4110fv
Chaiit8bl8 xI1￿￿es
63.418
593.407
47.646
111.004
S93,407
1,105
55,
670.684
1.046
25.413
60,477
870.084
ol￿r&Y￿>fi
Tot•1
47,646
705.576
Ralslng lffijs
ch&rilal￿
Tolal Expendliuyo
3.998
7rks.574
710 572
6.1CO
709.312
715.412
6,11YJ
53.252 759 826
53 252 ￿6?4
23.195
Net knoor
152.6421
{5.6(I81 1612411
13,227
2218
16,445
Trnn8f8rs b8twe¢n lund8
42 105
N•t fflovemeni tn
Is&￿0)
12.3481 158.2481
55.332 139,887)
14445
R•¢onc••tk)n ofkn)d•.'
Tow f￿ts lowd l m￿2025
19.N5
2$5.199 $8.932
314 131
Yotal*Jnd• 2J Filxuary2021
254.631
1fj.697
3tO.631
19.U45
tss on pages 1510 25 lomi an irtowalwt of Ilp*
12

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
BALANCE SHEET
AS AT 28 FEBRUARY 2026
Tot
Fur
2021
Tot*1
Funds
2025
Un￿11T4¢t•d ft••ttht•d
Fund¥
Funth
Unr•8lrkt•d Rulrlet•d
Fund•
Fund
Not••
Flxad a•i•t•
T•rf)kry
814.041
814,041
814 041
814.041
744 065
744 065
744,0S5
Currgnt as••t•
Stock
Dgblors 8nLt prepaym8nl8
Cash in bank In
14.496
79,544
67,369
161.409
11.906
14,2U2
111.426
137534
11,906
92,893
150403
255 202
17
110,013
129 8B7
78,691
38,977
62.518
93.487
LIAbllitl••
Cv•dlt•r#,' •mount• I￿Nn9
du• wlthln on• y••r
Gfo¢Jiioro
Accrual
Dgfoffed
69,284
9,77è
$8,479
137522
23.887
89,284
9.77#
5,427
8,024
81.623
88,900
).982
42.505
118,504
88,3•2
98,fj23
154837
N•t currant M••t•
Cr•dltorn.' 4mounl• f4lllng
du• Iftw mor• th4n on• y•ir
D•l•rrtd ts*ibmq
81,520
i•
5B3,297
25,ac
101105
615.044
010.044
Tot•1 n•t •*ul•
271 J21
310 531
JZ9 576
rh• lund• of lh• Chwsty:
Unr••trl¢t•d In¢om• lund•
Go￿r01 Fu
DeBPJrAled FuTrJ
244.4?.9
10.202
244.429
10.IQ2
204 031
2S4,747
254,747
21
310 531
310 531
R••trl¢t•d In¢om• lund•'.
Rosi￿cled
274J
18,697
19.04$
19,045
19,040
Total Chwlty tund•
16.687
Thwe &1¥1omort¥ bBen wop3r•l In with the PrO￿5￿J￿8 8ppkath lo SMBI companiiJ ?(bl8cl lo IhB
¥mg11 ¢offy8n*s reglffts. Tke Cry8ry i¥ enlrfknd lo ITr￿ Irom raq￿r&￿@￿t C4Ylt8l￿d In s￿11)￿ 477 01
Comp8ni85 Act 2008, ler Its yeur er¥Jed 28 Fo￿￿rY 2Q26. 1$ rwjimd lo an ath*t ￿Y8r Il* CharlllBs rÈuulHlbFks.
Thè dimctor¥ ￿k￿￿tedge responsltykl*S l¢{ eorry*ry with IIY rewrerwrrts ol th CompaThBS Acl 2006 with r•8p8cI Io
8r¢LwllryJ r•cordB 8r¥J Pf•por81knol finqNJo18laI￿￿ts.
P•pro¥ed by th• Dlr•ctovg on 10 Jun• Zokn and ilqn•d on b•h4 by...
Ilargwr•t Lees IChalr}
Ilurdoch ItMr•e¢orl
C(wry R8gY81ralkJn SC440222
rKJles on pwJes 15 to 25 fomi w Irlwl pat of t1￿• acctKffts.
13

FRIENDS OF CRAIGTOUN
(Limited by Guaranteo)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 28 FEBRUARY 2026
Ary re8t8ted
2025
2026
Cash flows from operatlng actfvitl•s;
Cash generatod fronVlab$orb&d by) operatlon8 Is•• below)
201,136
Cash flows from Inv•8tlng actlvltles:
Irweslment Income
Purch8888 of larylbl8 fixed 8ssets
N•t cash u•od In Invosllng actlvttlgs
1.105
150,944
149.898
N•t Increa8elld•creaMI In WKI Gash •qulv•bnt•
120,516)
51.238
Cash and CaBh gqLfvalento bro￿￿ forward
150,403
99,165
C4•h and ¢••h •quIV￿•ntty ¢arrlgd toThMrd
129 887
150403
•ty418 of chang•* In n•l d•bt
C88h 811 March
ISO,403
89.18S
Cash nows h) year
120,5161
51,238
Ca8h al 28 February
129887
150,403
R•¢on¢lM•tlon ol net mov•n￿nt In fund• ¢0 n•t ¢Mh flow from opratlng •ctlvlil••
Nel movamenl In fvrKI$
Add back éepreclallon c￿rge
Inv8slm8rt shown In IrwfjBt￿ ad1V￿
DecTeaBelllfthase) In Block8
I1￿1889811deCreaSo in debior8
IncreosellDKr9asg1 in crediloTS ar¥J doferrfjd ir¢0
Ca8h g•n•r•t•d fron￿(*1)￿rI)&d by) op•ratlon8
158,2481
90,063
11,1051
12.5891
(17,6201
127 928
138,428
15,445
91,683
11,048>
11,7911
(69,0361
201,136
14

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
1 Aceountlnp pollcles
1.1 88slJ ol pro￿rat10n
fln8rKkql 8tolen*NS ha￿ begn w8pared li accxffd￿ wrth FRS 102. Tr FI￿rt￿l Reportiry Starklard
applicabl8 ￿ Iho UK 0ThJ Rèpthlc of Ir8kn1 IFRS 1021, .￿C(M￿￿Tra 8ThJ RgportK4 by CIBrilil89' Its St8lemont ol
R￿t)rnmeNJ0d Pre￿￿0 for chall1￿ apptyéw FRS 102. ISORP IFRS 102120261, Crryanh8 Aci 20Cfj, aNI
Generally Accgp18d A￿0￿￿1r9 Praclke. ￿ ChBTity B 8 putrAk benefit ertily 88 delir*d by FRS 102. Direclor8
have e16e16d lo early.adopl tho ￿TIl￿8 SORP 2026 Icrf ts yoar w(18d 28 Fefffuary 2026. Assets a￿1 liabllilw8 are
Initially recog￿sed al hlsloiic81 cosl or tra￿0¢11￿ uthrys5 c4h8fwise stated In t1￿ rekn¥8nt aCC￿rI￿rg pollcy
rK)188. T￿s8 accow)Is ar¥ pr8Sgr4ed h p￿￿8 glwlw. Ilw ol It* Clwity, M￿l9ry val￿& arn
roU￿1￿d lo tho fvare51 ￿UThJ.
1.2 Goln9 CvnGorn
At tl* lim• of appr￿Ary t￿ accw*¥. Llrsctor$ a reMorab18 •xpectallon that Ihe C￿￿tY Bd8qUBte
r050urces lo in op8raiional eyisI￿￿e lor lores00abkn futW8. Tkn Ihg Charlly con11￿6 10 8dopl golro
cOr￿rIs b&$is ol accouWNJ In wgpwlw tlw acr*Jwrts. Th comldor t￿￿1 mat8rd wKgrWrtIg8
About th& Choilly's abwly to cordirw as 8 ￿1￿j c(¥Thrn.
1.3 Charl¢•bl• Fund•
Lfv881rk1￿ I￿1$ are avalable for at lh8 dIs¢r￿lon of lh> Dkg¢¢or8 In fwtl*ratTh ol Ihek c￿rItatIe objoctlvfri.
Reslricled fuThJ8 gre 8￿8¢1 Io cor￿11￿￿1 ty dcmrs 48 lo ltt*y may used. T￿* p￿pOSe8 Bnd u$98 or
th0 r08trlcted ar• Jet txrt fyJl•8 10 acoy**8.
1.4 Fund aecountlng
FuTh19 held by the Clwrlly w• wYosirkt•d or r881rkl¢d kn pwpom. lh•$Ir￿•￿ luTrJ• are IwtrJ8 wNch can b•
used kn accordorco wllh Iho thoriiabk? Otiocl8 al dIscf•1￿ of Dk8clor8. Reslrlcled fL¥K16 #r8 fiThJ8 IhBI C8D
orly be wed lor parlkulw ro8lrktgd pwpoaes wlllkn Its s)tr*c18 01 thrlly. R¢strlclbJM arlio whan s￿rAIled by
IhB donor or wl*n lurd$ Af• ral$ed lor part*dai r811￿ted pwpoJ88.
?,5 In¢om• r•cognltlon
Income is reeogrl8011 tho charfly ID *KonK•. orry perf¢)rmal￿o condllbThB ollactsd lo lh•
Ilemlsl ol Ir￿r*r￿ h8v6 bogn mvl, 11 l# piobabl& t1￿1 I￿ WMI be reCeI￿d 8ry1 IhB amwrt con b&
1.• Expondltur•
Exp8Tr1lturo 18 f8wrd8ed 88 •8 19 a Wl or ety41r￿ll%V eommblllffj Ilw thrKy lo Ih•t
xpendSlWV. * 15 wobabb ltsl e*lllem•t* wll bo reqi*•J ard t￿ anKrtJn4 01 cun be me•our•d r•labty.
JI $xp8rfLrg b accoMl8d lor on 8n acL¥uab bas1$ arn1 lrtlJJ•$ 8ty VAT wllth be locovered.
1.7 T•nglbl• Ilx•d ••••t• llAd d•Pr￿￿tIoN
li￿d a$8•ls are sl#ied at co¥1 ow de8￿￿ w$1 185s accurrMtsl8d depre¢￿tIon Ind Inwthonl. lTrJl¥*Ju
rix8d 8s8el$ cL)sllrvJ C5￿ cf are C￿OI￿ed. Whore the thrly rec&￿$ a I￿terial don8l•d aaB81,
donated i¥JM-of.w 88891 Art$￿ from t￿ ocC￿816)n ol laNI or ￿￿j*￿j$ lor ￿minB1 corthderatk)n, Iho •ssel 19
recogn￿ed 8t ralr ol oCor￿1￿ ber*fil recewd 81 dalg of I￿ gifi or arrawgThni. DD￿1•([
rwJhl-ol.we a88els relaliry lo Ix*lr¥s a￿ 8mortrsed on a 8tra¥3M.Ir* basls oNTr p¢rl%)d Df tl
arrarY￿rt. A l¥J￿08p￿￿ryJ Is rWI￿d •# deferred aTrJ reloa¥ed to Incurts on sam& baJl$.
Deprec48tH)n 15 Prov￿￿ed on a l>askn to wril? off Ihe L¥ th•m•d ol eath as¥el over I(B Wgcted
el￿ lrfe as fdbJw8'.
Ten8rt'$ ImprO￿￿nI8
Pl8rd arnl m8¢￿
tkn8ied a98et- Frf8 18086 01 Crw P*k
10%
25%
4%
15

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
Aceountlng pol¢￿S contlDu
l.e Impttlrment ol flJÉed assets
11 Ihe recovefabla BrrKMJnt of ar•J is estThted to be I￿¥ than Carr￿￿ ￿1. the
carryiry ol ts a55et k* re￿￿¢￿ lo Itg r6cowable an￿nt. An Impalrmant loss is recog￿Sed
1mrNdkg18￿ In IrKx)rTpl8xp8ndltwo for ￿T. Lrl8s5 the rdevant asgel15 carded al a rwathd an￿unt. In
whlch case I￿ knpalrTh*rt k)ss 119818d AS a feb*lJalk¥n decf&a$8.
1.9 Stock
Sl(M* coYry)rlw i*lé goods ￿k1 for rosalo. 11 Is Stat￿ 81 the bwer of c081 arKI rnt rea188bk8
vabje, after making due all)wa￿ lor obsolele sky44 nw)thd11onB.
1.10 Cash and cash ¢qulv•lents
Cash arml cash eq￿18￿$ ￿￿￿Je caBh kn ￿Thj, dewAls l*kl at cam wjth barts, othor 3lkirl-lèrm
with orbJir*l mAILwlllÈs of thr•• morth& or1o8s. #rKI ba￿ o¥erdraAs. Bara 0￿rdraft8 are s￿wn
wilh'n t¥)rrow#vJs in cwrert latslllies,
1.11 Flnkntlal In•trum•nt•
The Clk8flly fj￿y I*ArKfjal 08$•13 *xl lkn•r¢Lql labMll*8 of 8 kSrn1 Ih8t q￿IllY 08 b8slc fIn8￿al
lnstrw￿n18. Bask fina￿la1 iTh81rune￿S arfj ir#lial￿ rocogThsed at tra￿aCtIOn valu8 aThJ subsequently
Measur￿ al Ih*4r $&iibmort Val￿ wlth lh& ex¢tptlon ol bor& wh￿h are SLO$equeotty n￿&S￿ed at
amorlFsed cost Ihe effecll%* lrterest melhod. Tr Chartty had ￿ s￿h loans durkng Ihe perlc*J.
1.12 Empbye• bM•fft•
cosl of any r￿M•Y enlttlamort IJ rwrlgod kn Ihs p•rbJ In wNch fjr•
recolved. Ter{￿rOt￿n bernfll8 8fe lecogrts￿y lrnmedkglety a8 ￿ gwerfje w￿n company IB
den))n&lrabty conynltled lo10rn1kn81g onw0￿ ol on omkloyeo or lo provkle Iwmkn&th)n be￿11$,
1.13 L•41•4
Chorty 08808808 4ir8lYJa1￿rtS lh* ol arwj fxw'kliDJs lo dele￿lle wlplher t￿Y
eortAin i b088 under FRS 102. Wl*re the ctharity oc¢xpM Ipnd or bLIldl￿8 lor nomlngl col￿1¢Yer01lo￿, I
arr8ng¢m9nl 18 ￿5*$¥0￿ 8$ not mg¥brwJ d•lilit￿n of a LTrJef FRS 102. In such ca8e8, Ihg
¢oTr)n*c benelSl rece￿d Is recog￿56￿ as a donated rW-ol-￿fr o99ol In gccoydonco wllh Ilw thgrlly'8
accwllThJ pollcy on do￿18{1 a6s&18. P8ymrts made LI￿￿r Iho88 èrrarYJ6men18 ar8
recogrtsed Js 08 Ilw or• Iwrod.
1.14 Caplt*l grnnt•
Grarts rgc•lved lor tho pwctha88 C* of flyod sB6et8 are d8ferred on rac8lpt and releesod lo
Ir￿0￿6 uselul1118 ol the rebled asaeL Th reslrklon w th• grart18 ¢ontsklar¢d $all6fl8d wl*n lh8
C8rA¢818¥p8TrJll￿a 15 lTrxred', tho re￿Ied Ihed a¥8elB 888odeiod doferrfjd IrKom8 aro
classw as uN88trlcl8d.
1.15 R•¥•nu• gr•ni•
Gr8nl8 are recogrised when C￿rItY has erti1S8n*nl lo Iha lur¥J6 os incom& In proporllon lo th
dèliveiy of ttr* ac1￿y, PWOWKle¢J thal any ￿￿c￿lf0[￿e cmYll1w￿ attache(I lo Ihv grants have been
met. Ary elemenl of the giant rdatry lo I￿LIe pamds k deferred 4rn1 wcogthy•d Ss 8 ￿￿tIlty at thè
repc*tlrYd dblè. Dolerr8d M￿nU¢ grart8 whh POrf￿[￿rKe are dassffied 85 restricted.
1.18 P•n¥lon
Th& chartty operates a d61kn8d cordTbJtk)n si*em8 for b￿rtt of ts èmploy899. C(Mrtrtbullon6 8rg
eharg6d to wofil •AI loss I1* ￿¢*1 tlw we payabl•.
1.17 Support £￿tI
Swwrl costs ar• thos8 11*1 8$#ist work of ¢l*flly txrt do mt dk8dty ￿￿ortak• c1m￿tab
aCtlwl￿s. Given ntegrated nalwe of th8 Charity's opèratlom 8rxJ thè abs8￿e ol 8 relatrde, objective,
b8sIg for allrH)￿ty these cosls lo lrnfj1￿dl￿l a¢tfvi*8. 8W)port costs are rKJt apportKj￿d. Irslead, they ere
tharged to the Wffeslthle(f fuxl disdosed sep2r81ety In the rhites lo ts ￿t0￿$.
16

FRIENDS OF CRAIGTOUN
(Lim5ted by Guarantee}
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
Accountlng pollcl•s contlnu•d
2 JwJg•m?ntB kn applylng acGountlng polklos •ftd kty 8ourco8 of ••tlm•tlon
In the Applkatk)n ol ihe Charity's acccthMYJ pol¢￿$. tl* Dlreclors we requked to make lthloerrtent$,
esllm8les aTrl 8SSirytIorK8 ¢arryff¥ anK)Urt ol assets IlabMItK88 that are rol rèadily avaHable
from olh8r 8wc8s. TI* 881NnJlas 8TrJ assoc4aled A$gUnkrtior* 8re based on historkal 8xp8rl8nca 8rn1 olh8r
laclors that ar8 fdavart. Actual ros￿1$ may ¢Jlffer from th&88 ostkn8t•s. In proporlrva Ih88e finar￿&
sal8m¥nls lh8 txreclors h8¥e e81knaled Ihe of tts Fwe CO￿11 lease by taklro lh8 CoutKA's &sllm8tg 01
a ¢ornmeftal r8rt th8 P8PP8fcom r8rrt P8yabl8 by Cherlly, hllalthy quIrW￿￿81IY In accordanc8
wilh the lease tem8. and d18co￿ad at al lerm 911 rate In F8bruary 2026 wh&n SORP
202fj wo$ a¢Jopled by the C￿rIly.
3 Control
Control ol Clwily lies In tIK8 h8rK18 01 tl* m8mbers who •18cl throctws.
4 Tax4tlon
Th8 Chartty 1$ exenwl from lax on kncorn8 lo oA1onl t￿t the86 Are ap￿5&d lo 119 ¢￿table
abl￿18.
S R•stat•m•nt ol Op•nlng B•lJnc•• FoHowlng Eaity *rflop¢lon ol Ch•rlll•• SORP 2026
Tho Chgrily ha$ early.adopted Charillgs SORP IFRS 10212026. As a resuh, th• accounting tièalmonl lor
donated a8SOt8 @nd lof capllal Ol￿r ￿artS has been I6￿Sed to r8fi¢ct Il* Lwlaled SORP requkemerrts.
Thesè Ch8￿•8 have been apph'ed relrospectlvety 8r%l ¢ompafalive figwes have been reslal8d. Th&
ImpHei ol th8 restalem•nl Is s￿￿n in Th)te 7.4.
5.1 Donatod rlght-of.u•• as••t- Fl1• CounGlI t••••
Ih1er SORP 2026, lh8 pèppgr¢orn lease granted by Flle ca￿￿11 lor • porlxl of 26 ygar8 Irom J￿Y 2022
h8B b8èn rècognhed a8 8 donated TIgN.of.￿è 8889101 rt3 98l*naled pre88rt vahJ8 al I￿Apt￿n kn Ihe year
ended 28 Febr￿rY 2023. Tts aB801 w88 recognbed Bl £476.586 w41h accumulalgd 8mufll881ion of £50.042
at 181 March 2025, giwrvJ carryiro 8n¥Jurt 01 £426.$44 al Ihg Slarl of year. A metchiro delerr8d
donation liabk¥iy 01 £426.544 h88 b8en r8cogTysed. A8 ihe 88881 liabmy waro equal al iranBilknn
date, there was rbj irnpacl on operwo rosemg.
.2 D•l•rral ol grant• r•￿￿ed th y••r• •nd•d February 2024 and 2025
Capll81 gfarts prevk)u5ty rocognls8d as I1￿m0 boon ro818l•d In Ilno wtth SORP 2026, wl4ch r8qulr•$
swh grants to ￿ d•f8rrgd a￿1 relea88d lo D￿r th8 ￿8f(1 Ill• ol r•laled 888818. Th1& ctrkgr¥Jo
pro￿￿08 rellable aTrJ re￿vant Ir¢om)alFon by malthry IrKonw wllh p8ibds In whlch thg
a6Boclalad a$s¥l$ arg ￿ed. lI￿rObY gMr¥J a ckryaror vkryw of omJcArwJ p•rfomiarte resourc
u151158tk)n.TNs res￿18d Sn a ieductlon Sn 01 £132,463. ropreserrtkng lh8 CumUtsl￿ omount ol
capital gran18 rnw d8l&rrèd el 8dopllon date. Grarts reC4￿d ASN programrne hve a150 been
deferred a￿1 released in ￿ wlth coJl$ Ihe year to 28 February 2026 - Ilts reduced
openlr¥J reserveg by £17,1rxJ arnl I￿reaSed IrKom lor ytrar eThl8d 28th Fébruary 2026 by t￿ game
afnount.
&3 Summary ol knpa¢l on t)p•nk¥J r••orv••
Adlu8tmgnt
Op8nlry re98r¥o8 88 pr8￿0￿￿ reported at 1s1 March 2025
Deferral of recd%*d kn y8ar8 gThJed Febnmry 2024 aTvJ 2025
479,139
1132,4631
Oelefral of r&v•N8 gr¥rrts rocgNeil kn year ended Febn￿rY 2025
Recogt￿llc￿ of ¢Jongt•d188#e assol aThl Ik9bl￿Y
ope￿ng reser¥85 as resated
(17.1001
329,576
5A Iwct on current-year r•$utts
Ltrthr SORP 2026 a(lopt￿. granis delerred kn 2026 Ic4iial *Yl rgww) r9duc8 ￿￿)9[￿¢d ￿¢0m0 by
£203.522 (£219,180 deforred. r6le&sèd th5 year £15,658), wtri15t anKJrtlsath)n of hLslorlc gr8nls
deferred 8nd releg88d ths year W￿rease8 profit by £42.￿0. a n81 r0dL￿￿)n of £f61.522.
17

FRIENDS OF CRAIGTOUN
(Limlted by Guarant•o)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
As rèstatod
2025
fj Incom• Irom grant8 and don•tlon$
2026
Unrestrlcted Funds
Grarl8 and d￿alk)I* and recdvail8
A¢Thwal release of deferrred th)n&lkJn r8 Fble CcuK41
Add i) respect of Capilal Gr8rt8 re￿a68￿
I2,￿•
19.063
31,394
21,847
19,063
14,154
56.064
R•$trldod Funds
Granls anddon8llons rgGglved and recelvatsle..
NallL¥MI Lottery CortVnu￿Y Fw¥J- ASN
Crrmn Eslale C0081al FLTrJ
Frfe Rwal 0gbwk)pmnt Fur
Frfe ErMrorThrrt TruBt
Robèrtson Trwl- ASN wnpbyabllly
Sl Andrèws Hèrllago Tru$1
Volurtary ktion- ASN
Klnburn ISI AThlr8w61 Charilabb Tr￿1
' Sl Andf8W8 Lad108 P￿1￿9 Cktl
H61￿Y in Ik* Park
Nsw Polk £￿￿&tIOn Truot
Walter Crdg Trust
Sl ArNIre￿ Lknlvor81ty
Oth81
GaNxxhy Tru8t- ASN
FL4AO Tru&l- Polllng ShB(I roof
Flle CourKII
SI A￿1rew9 Com￿lI1Y Tn*t
Woodon SkvJon- dlsablod
R&4 GOK Club
TolAI R•edpts
L•88 Incom• d•l•rr•d In y••r
Op8r8tional Income d8f•rr8d
Cwal Grant FurKlSro deleired
Ald op•raliono1 VAllt• r•l•oMd
Curronl year
In r8sp6cl ol Pr￿1 Year8
R&81rl¢led Fund8 incomg after del9￿81 ond rg198s9
80.905
53,945
48,175
19,585
15,000
11,000
10,000
7,721
3,aoo
3,$41
3,000
1.500
I,JoD
840
29,938
3.200
31,328
15.000
5.000
2,400
4,0
15,(
14.750
10,C
14,22S
240,562
146.841
{8S,9651
1133,2261
117,1001
1104,3281
9,184
,413
60,477
111,064
7 Incom• from ch•rlt•l)l• •¢U¥ltl••
2026
2025
kg1¥. e￿rt day¥ & ¥*8
Calé 5ale8
Plthc ￿l￿11¢r l*& swlry I￿0
289,743
2B7,807
345.094
310.339
15.251
670,W
593,407
8 knGomo from Investmontts
2028
2025
88rl( trrtoiest
I,Ch16
1,105
8 Exp•ndlture on ra5slng futtd$
2028
2025
Prof9S$b￿l fo98
3,998
6,100
6.100
18

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
As rè5tat•d
10 Exp•ndlture on eh•rltabl• 4¢thltle8
Unrgstrict8d Funds
Stolf cos16
Slalf UThf¢yms
Trairlrg
CBIé purtha6e8
SIKJP purcha
Event 8Npons&s
Ronl
E￿￿T￿llY & waler d*cg•s
InBUr￿Ce
Repaif8 and manlenar
altrri819 ccrnrnab￿ i￿rn8
Fuel
Cradil card charges and l•rniMI lir•
Prlnllry, 8t8tlanery aThJ Ad￿rtIs1rg
Telep￿n&
IT swort. pr4yr￿ ￿Cer￿08 oTrJ comkKrtw
Trav•lling •xperne8
Leoal prol••$lMal 1•$8
Ai¥Jl f
Subscfiptior
Sundry oxpeM88
W8b811e upgrad
Dapf8cl8l￿n
202
2025
382,510
1,812
807
114,347
15.685
7,573
350
4.275
11,58
22,326
3,122
3,127
e,¢30
ie76
3,fj00
7,879
2.548
0.3fj7
5,750
1.851
1,451
7,260
370.290
1,624
176
122,303
14,925
8,632
419
J,258
10,802
31,729
2.051
8,8
3,297
7,811
2.247
5,706
5,575
1.728
2.232
6,535
706 574
709 312
R•8lrf¢led Fund
Re￿IrS And mairtemr*xg Ilraln & gard•r*l
Ov8rllow CAr P8rk
Poltir#J Shed chim￿Y r¥mowl aTrJ rLM)f iepa
Contritxlth to 0￿ch Vmlag• rs$l¢yath)n
AddilM)nBI SLpp¢yI N*eds Tr8iThTrJ
Hslory in Il* Park Evert
R8ifie prlzo
857
5.000
10,000
10.000
34.370
8.782
100
7.338
789,826
732 507
withln IC¥0gL￿ 8￿r4e5 of thrIlab￿ acliAle8 Dlr8dor¥ rg98rd salar￿8 ol key m8n8gew£nt
porsonnel lTrJl• 12189 81PF#Jt ¢oJtB. wilh gipport eoois abo¥e sel In tabl8 bek
19

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
As rastat6d
2025
1Q1 support Cosls
2026
Legal & Professb￿l Fee8 l¥xknll¥J Fknman R85(yrn &
Ir 5WOrt for oiiice
41316
1.775
7.250
5,700
4,806
1,667
6,535
5,575
1.978
20,561
lil fevs
T81gplh)r* a￿1 tffts8dbond e4)Bls for Olfk•
21.250
11 N•t mo¥*n￿ In lunds,.
2026
2025
Th• ngt Trb)v•Thnt In lurtds 18 •t•t•d aft•r charglngllcrodltlnol..
Fees payabb lor tK8 8udll 91 the lInar￿ 81alenwrt8
knKrfUBglton ol donèled as8•1
$.750
19.063
71.000
5,575
19,IM3
72,620
00pre¢￿t￿7Th ol LAVI￿d tsrvJlll•
12 Enwloy•• and K•y P•r•¢nn•l Cos1•
2026
2026
Woae8 arnl 8Jlg
S￿jaI98￿rftY MBI8
Oth8r wr*b)n ¢c•ls
382.20P
18,41•
201
352,378
8,750
365,995
Th810 cottli ASN F*oiettt olw￿8cry •tall c46tJ m•t ty oxlgrrnl
Th8 vl •twM•l w•• £60.000
Th• r•mun•r•th)n of k•y nwn•q•mont pwwin•l T*Mi M follow•'.
2028
2020
&44kY¢g•l¥ comp8rtallon
71,839
Tl* kèy mfvng9wl￿ pertorrnl P*k OIIIL* Maw
13 Employ••
Tts awragg r¥j￿ ol •rrWtyw¥ yew cffi a ￿•j court 4rvJ h)Ln worked bash 2012025.211. TI
14 DlrocloY•- TruotO0
Th8 Directors ate Ihe ctsrty trns1￿ lor th P¢WFty28•# OF Ctt8rt110$ Tfusie¢ Imstnxnl {Scotla￿l Acl 20D5.
ThB Dlreclors am 91* Ireely I￿[r lkne export18• Wh￿Al WLY fcrfrn ol rorrwgralb)n ¢y 01￿￿ b8rw11t In caBh or In
kknd. Tho wa￿ of th8 WOFI don• by (lié¢trxs mt rth¢t￿ in as be quarlrfbd.
Reln*#rnrt*rls ol dwecl rArtltys for m&ltriats we¥e n*4Je ro tknclor6 on producllon ol rg¢e*)18 £890
12025- £421. 00T￿lI0r0 to Ih dwily thrkng the )TaT ffLTh C*eclort wero tS5012025- £nD.
1J Volunte•r•
Vok4rto•r$ fre&y Ihek Ilme and 84)ertls8 Aty It¥m of refiw*athJn. Th8 valug of wo¢k done by ￿￿t￿nteer6
Is rnt refknted * the a¢c£*JK8 48 W ewn)t be ql￿rtIf￿.

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
16 Tanglljle Ilx•d a$8èts
2026
Donated
RSght of
us• *s8•t
T•n•nt'•
rov•m•nt•
Plant and
machlmry
Total
c￿1.
As at 1 Ma￿h 2025
Addltiong In
at 28 F•bru•ry 2026
476,586
341.564
363.208
23.688
386,898
1,181.358
478,588
477 920
1341407
Depreclatlon..
As at 1 March 2025
Ch8fg8 in year
Aq al 28 F•bru4ry 2Q20
N•t book VI￿01.
•t 28 F•bru*ry 20VJ
50,042
I9.￿3
69,fOS
102,023
33.551
1J5 574
285,238
37,449
437,303
90 063
S27 Jefj
342,351
04,209
2025 . A• f••t•t•d
Don•ted
Rlght ol
a8••1
T•n•nt'
ImprovèmÈnts
Plant and
m•¢hlnery
Total
Cost..
Ag at 1 Mor¢h 2024
Additions in par
al 28 F•bruary 2025
476,586
261.211
292.617
1,030,414
150.944
1 161358
D•pr•cl&t14)n:
A8 al 1 March 2024
Charge kn year
A• at 28 F•bru•ry 2Q25
30,979
19,Cfj3
64,861
37.162
102 023
249,760
35,458
285 238
345,620
437 303
Nèt book Wa￿•*.
x at 28 F4bru•ry 2025
426,544
744,055
A6 8t 29 Febwry 2024
445.608
42,837
684,795
21

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
17 Dèbtors
Amounts falllng due wlthkn on• year:
2026
2025
Trad8 debtors
Prepaymtrnts and accru8d ￿0￿
Ta¥allon a￿1 80clal secwlly
1,797
8B,471
461
80,802
110 513
92,893
18 Cr•dttors . amounts l•lllng wmhln on• yo•r
2028
202S
Trado CTedllor8 8rrfJ Capltal Pr*cl Cosis
Taxalion sockal S6CLYiIy
65,126
83,806
3,144
86,950
09,264
9,779
A¢crue18
19 Dèfèrn•d kncom•
2026
Openlng balAnc• at 1 It March 2025
Due wlthln year
Du8 alter mre Ihan orwj y•#r
Unr•#trlct•d
R•8trlcl•d
Tot•1
43.963
17,100
81,063
559.007
133,226
50,457
17,100
85.954
576,107
219.180
Grants d•f•rr•d
R•le&u• ol want• and donatod ••••t
Clo•lng b8l•n¢o Nt 28 Fobru•ry 2026
Du8 wllNn one year
Du¢ after more Ilwn orn y68r
58,479
50.982
25,808
76,790
109.461
641,778
2025
Opertw bala￿ at I sl March 2024
Due willyn one y88f
Du8 after n%)re than om yéar
Ltr*881rfctéd
Re81rlct8d
Tot81
25,850
25,850
462,Q46
462 046
487,896
487,896
104,328
121,428
33.217
33,217
559,007
576,107
43,963
61,063
515.044
515,044
559.007
576,107
Deferred Income Tepresents granls aThJ dcmatth receiv8d in adwdrKe ol thg related eyndi1￿@ or
Ter￿1#140n period. The feslrlded ba￿r￿• C4Jrwse8 grart fthying receW for spe¢yfk projects,
rolg89gd lo Irwme as t￿ related eyr¥Jitwe is ir￿rred. Unreslricted fdaltss lo tho delorral or tho
Flfe Cournil peppercorn18ase Va￿tkIn. arKI defwr8d c8pllal gr8rts whlch are reCOg￿$¢d
over Ile of assets.
Grants defoired
Re￿a88 ol gran18 aThJ dorAled asset
CkJ$iry bolorte al 28 February 2025
Du8 wrtlin ong y&ar
Due aftor I￿n cTh year
17,11X¢
17,1
17.ICQ
20 R•tlremont b•Mfll Sc￿M•s
2026
2025
Defined contribulim S￿￿rr*S
C￿rge lo profrt or loss in respecl of defined Ix)nlrlMArM $dw7)es
S,201
5,522
The Charlly OFErales a delIr￿d cortrlbutton p8nslon scl*mo for 811 q￿lf￿r￿j enpbyees. Tho assets
of the schen* are l*ld separaldy Irom UN)se of Ihe thrity in an iThJe1￿1dentIY administered fur¥J.

FRIENDS OF CRAIGTOUN
(Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
21 UnregtrlCt￿- D￿lOnated Fundo 2026
F￿d
*dd•d
Ro4llocqllon EX￿ndIt￿o
At 1 March
2025
Al 28 F•bruary
2026
IAalnl8n0fi￿ refvrbishTrwnt
Ov8rnow car park
Pglllng shgd re￿001 + 8dar yr¥•cl
2&26 Wlnl8r Malnlonwnc•
CoftYNnlly Hub proi8cI- tslilllies f&h6lbl¥ty
Workshop ￿ 8¢lar proioci- wdirinaries
OnliTre shcp prqo¢1
Wag88 Icr ASN pr4ecl- nol rAj￿r4d by 8rnnt•
Poliinu ahed rggenefalion
Gaftl8nino 0￿p
Falry Cdgn wdecl
Supportero Prolecl
Vojuntfjgr MBrk•llffj prolxt
•b8lle up9rade
vertislfKJ I￿￿a01
23.C(#J
5.950
12.￿)0
7.981
113,0(Kll
10,000
2,421
3,5291
112,0001
112,5681
18021
14,5201
14.5WI
15.0091
13,41K)I
15981
17411
1921
11811
14,0001
412
152,3521
2.393
6,698
4,500
5.009
3.400
888
1,026
632
1.026
922
2.259
623
319
715
soo
4,0
56,784
24.397
27,829
17a627
ShDrt l•rm lIr￿dn9 of grnnl lund•J proh¢i8'
24397
Th8 Board h88 fr8labkW a I￿nber of destrAl•d f(nJ8 wftNn wroslrktod r888rves lo Pro￿d￿ clartly aTr
control over Tnonle8 set 8sidg lor foreseeablo mairfonarre. shortlallx in operaliryJ I￿0￿13 smallw.sco1ts
prol•cts Ihal th• Charlly wishes lo progr•ss wilh)(rt wglllro lor exiernal granl cycl99. They acl a8 a workiTrJ
ro3èrve lo cO￿r wlntor rLrrirvJ co818 and mairtgtKq¥K• wl*n Ir8iJirYd incom8 18 low, and t￿Y alk)w I
Board lo progre¥¥ lowgr.vakm or pr￿ar8¢Ory pr(*ci¥- for ey*6 wabslle upgrade8, lafgeled adverll8k
a￿1 Prornolkyn, and Bnwlk8c8le slle lThprowmertg- wl*h are eIt￿r not 8￿tabl0 for captt81 grant
applicat#)￿ or ale al 8 8tag• W￿re gr4rt applicat*xts are Tr)t yo18pproprig1p.
'A¢ t￿ yew eTrJ th8 Board t•mpor4dly dèpby•d parl d8$W•d r•s•m to fund caylal good8 al*Md
ol grant rec64)1g.' IN$ was a dellberale, oxc8plkJnal. SI￿TI-l9rM uy8 of re88rv88 to rn￿1 I￿*T8, cprnlillom
9￿j avold project deL8y. Al 0￿9141￿¥ grqrt ha8 n)w bèan r•cglved and VAT recoverles processed,
deswJn8lad b8lartes hm been rep￿Tr8￿￿ in I￿. Th'8 levrporary draWd￿n ha8 be8n ¢81￿1¥d in

FRIENDS OF CRAIGTOUN
(Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
22 Restrlcled funds 2026
Incom•
Asset
Sl•tem*nl Ex￿ndIt￿ra At 28 Februwy
In¢4m• Expondltur• -Tran5fars#
2026
At l M•r¢h
?025
H￿OrY kn tl* Part Ev•
Dut¢h Vllage
Solor Pankgl Piolad - battory
ASN vd(rt8erlffj & onyknyaL*Ity
Sl Andrews Ladl88' P￿IlrO ath)
Yaid Rool Pr*cl
C8pit41 EqLIpft￿nt
Fawy Glen Shettets
Play Barn & solt pw rmal
9 ￿le Park Gowf. R&A corl¥thrtknn
Sl Afidraw's B8U- 2024
med Forces Voterars Cl
LlnkA Gdl lotK8 for rahl•
8.782
11.0(X)
19.950
85.954
I8,7￿￿)
{10,0￿)
7.1Tr)
8,1CQ
{19,9501
25.442
134,3701
77,026
13,8001
{73.8621
127,8931
11,5001
12,4831
16C4)1
73.862
27.893
7.721
5.258
l.CQ3
2.000
loo
1.503
2,(X)O
l(¥J
100
36.145
17,1LYJ
19.C40
100
163.2521 1129,9881
240,$62
93.487
Gr8nl$ O•f•rr•d bfv￿. & r•hgwJ
257,862
{53.2521 1129,9081
93,487
L811 Curr•nl Yo&r Ineom• D•f•fril
Operalbnal I￿orn0 d6f6rrod
C8pllal Grart Furn4itvJ dolerr
176,790}
133226
178,7KII
19.045
PLTpoue ol each lurd IB as lolows'.-
Hl•tory In th• Park
Donallons recelved Irom Il* Park Ed￿alon TftAs1, t￿ Waller Crahl Tnmt, arKI lQwdom H￿IThJ
CommwSly lo l￿d anrAAg1 Fth81(xy Park 4Mr4
Dutch VIHw•
DorK4llon$ lowwd$ lh• OLrtch VILqy r•8ltyalkn aThJ fLtwe w frcm St. Hir(tag• Tnrnl
Solar Panlel Project
Gront Irom I1￿ Crown E81at• FurKI for pwcI•8e ol a fjattgry lo lknk to P¢)tttry Shed 8dar pane
ASN •mpltsythblllly
Oon8Uons from Flfe Vduntary & th& Rob8fl$on Trusl ioword$ thg ASN Ir¥lnlv¥J prol$¢l, 4low wth
Nation81 Lollery fthJirrfJ for 2 ye8f8-
St Andr•w• L*dl•*' Puttlng Cl
t)ongtk)n Ihe pwchBge of Calé equlwm
YArd Roof pro￿
R•pLq¢ém&nl of wlbuthylngs Irarnes a￿$ rools with I￿￿1r¥j frcffj Crown Est81g. Frfo En￿rC￿Thnt Trust, & FS19
RWBI DèvelDpmènt FtJnd- Sl89è11 WMI bt th8 kn$1811atr￿ of solJr Pa￿1$, whkh ￿ 8ut48d lo lundSr
Capltal Equlpm•nt
Air Sowce F￿fflp marqw fioorry¥. romer thys and nwleriats for the workshJps- wllh
from Flle Rural FuThl & Crown Est81•
F41ry Glgn 8he#er8
Sl Andrèws UTh¥tr8lty furKllffJ lor w $￿tte
N•w Play B¥rn & #oft pour renewal
lanburn Tru8t I[￿lir¥) of 8 new pkny barn arnl sort for th area6 kn the Park
9 hole Park Gowf - R&A contrlbutk
Money for Park G(hvf ckl)8lwuipm&r*- wr¢lwed March 2026
st Andrevls Ball- mOr￿Y rassed the Park Gcwf project d4*)s - P4r¢k￿8￿1 post MarGh 2026
Armgd Forc09 V*tsron$ donallon fly Brgakf8$1
Llnks Golf tour8- donabon fLY a ralp￿ wize pudwsod for 2025 CO￿try F8yre
8FeputrttySOd c￿101*K)E8 a61et5 is Mpr•fv¢lth81 ￿ chaiitynowh)lJs

FRIENDS OF CRAIGTOUN
(Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
23 R•strlet•d fund• 2025. a6 r•stat•d
Ass•t
Expendltur•. Al 26 F•bruwy
Trth&f?r•
2025
Al l
2024
8tatement
Exp•ndlluf•
In¢om•
Eq￿pMert sdt8i40 lor d￿abled
Slunage Park
O¥erfbw carpark
ConNnLriCAIB)r
Tra
Garde
L)utch Village
ASN & wiw8b.kly
El*clrkn Buggy
Wood ch'ppef. Commurily Fwd
9 Park Gowl- FI&A cortr1￿1un
Sol&r pa￿ts lof Potlhg sI￿d
New pedatj lor boallNJ
Sl ArnJrew'8 B811- 2024
Llnks Goll low8 l¢Y rg111•
16.816
14,22S
131,0411
15,0001
Is.cth)I
1.715
275
275
11.7151
12821
15751
7.100
11,900}
117.371}
14,7501
14971
186,2681
5,Oc￿l
7,100
25,442
12.480
17.371
17,3381
4.7
110.C#JOI
100
36.145
{l7,1C￿l
148.841
117, 1001
104 328
58932 25413
123,1951
1146.433
Op•ratloro1 Gront ASN d¢l•rial
Capllal Gr•nt delorr
104 328
T1￿ pwp050 of •8ch lurKI 19 as folTh8:.
Equlpm•nt •ultsbl• lor dlsaW•d
Proj8cI to wovide eqLApnwnt orKS allraclk)rB ?￿aLl9 Icrf dinabknd p•r•wo- th'$ats￿d 8wlTrJ Ir*taNed Idlcvwirg
donYJlk)n frum Wooden Spcx)n Trust
N•w Slgnag• •nd around P•rk
Donalh)n Irom Klnburn Sl ATr*ew6 TN•l toward• 1ty49• In Ilw park, mon￿1 and knJl4led.
Ov•rtlow e•rp4rk
Don•lk)n Irrmn Klnburn Sl Arth•wi TrL*t towardB th 0￿rt￿￿ ¢¥ p8rk PfoIBd. work corthm on wgradlrg
commun*￿IDn9
Rtsmahl•r of (lonalth liom St AtU1r￿ Ladl#8 PL*l*y Cjth to pwchu• w&*ltr l•lk•i.
Traln
Donation towards thb Ira
G•rdgn•
Donatkm l¢)ward8 Il* gardero kn th pfj
Duteh VI1￿4•
Historic donalknng lowardl 8ry D￿ctt Vlago r•8tor8lh)n pr*
ASN voluntqerlng & gmployablllty
D(Thlior¢ from Fllo Volunlèry ActioTh Frfe Rwal Ftyvj. Ihe R(*eT180n ard Garrnthy Trusts 1¢)wafd8
the ￿KMteerIryJ aTrJ employabilily proJect.
Ehetrlc Bu99y
Donation Irom F118 co￿dI to PLY¢ha￿ an •l#ctr* W. IIIB was purchased earty In the flnand81 ygar.
Wood Chlpper
Fife Local ComTh#Jrdty Furnl pro%Athng morAe$ to pwthse a wood ¢trap￿r
hoh Park Gowf. R&A contributlon
Gazel)0 0thJ8d as starter Park G￿f w¥J dth&l•(pIpff￿rt lo
Solar Panels tor Pottlng Sh•d
Major prolect tmdwr¥J re-foofwg t*lore sdar par*ts irot￿lat￿M. with lu)JwwJ prowded Irorn St. Andr8W6
Cornffiwxly Trust, Ihe HAAO Tiltst. tlw Flfvj Erfvifomwrt Tr￿1. 8NJ Flfe Co￿￿¥1 Fwbl- Ihe project was
3lanlkg1ty corrY￿¢0 at year orKI
P•dalo tor boatjng pond
FurKIMyJ pro￿￿ed by the Sl. Arnlrews La(Hes PLrtIKy aLi) lor a bo8l rrtYctw3ed dur4TrJ IIE year
st *idr•W$ B*M . r¥K)r*y r*sèd for Park to be ￿ed on tr￿ Park GL>wI woi8cI
L5nks Golf tour•- lor a rdffla prize rArcFo8&J li March 2025 2025 Cwrtry F8yfe