REGISTERED COMP Ntlj IBER: SC491983 (Scottsnd) REGISTERED CItARITY NLTrIBLR: SCO45972 R¢port of the Tru8tees and niudlt¢d Flllan¢ial Ststemtnts For The Year Ended 30 November 2025 for The I88M0th Communlty Development Trust The Long Parillership 4 North Guildry Street Elgin Moray IV30 IJR
The Lossiemouth Communfity Developmellt Trnst Contents of the FinanciAI Ststements For The YeAr Ended 30 November 2025 Page Report of the Trustees I to 5 Indepettdent Examin¢r'$ Report Statrment of Ffnoll¢iAI Attlvlties Balance Sheet 8 to 9 ote4 to the Flnamelll Sts¢em¢nts 10 to 16 Detalled Ststement of Finandal Actlvltleg 17 to 18
The ls1¢moUth Community D¢velopmen¢ Trnst Report of the Tru$teeq For The Year Ended 30 November 2025 The tru8tces who ar¢ also d]rtorS of the Clwity for th¢ purposes of the Compatjies Aci 2006, prewit their retrf)rt witb the financial statements of the charity foI the year end¢d 30 Noyernber 2025. The trustceE have adopted the provisions of Accounting and Reporting by Cbarities.. Statement of Rewmmended Practice app]ic8ble to charities prewing their accounts in accordance with the Financial ReFOrting Standard applicable in tbe UK and Republic of Ireland (FRS 102) (effective l January 2019). OWECTIVES AY4D ACTIVTfiES ObJeetli'e* ind #im8 The TnL8t obi¢¢tives are.. (l) The &dvan¢emellt of community devtlopmeDL including advoncement of rural generatiOn, bth such that the Trust shall do fo followAng principles of SUSthiDabl¢ development. (2) Th¢ enha]Kerneni of recrealional facilities, or the organisation of re¢re4tional activitie4 with the objcGt of iry>roving the ¢onditioDS of life for the persons for whom the facilities or activilies are prinwily intended. (3) The advancement of cxiizenship. (4) The advancement of environmentsl protection or improvemeni. (5) The relief and prevention of poverty. (6) The relief of unemploym¢ot. Page I
The Lo$siemouth Community X)evelopment Trn8t Report of the Trustees For Th¢ Year Ended 30 November 2025 ACHIEVLMENTS AliD PERFORMANCE As acting Chair, it is rny pleasure to prescnt the Chair's Rewrt for the IA)&%iemouth Commwty Development Tr1 (LCDD for the fitwicial yer ending 30th November 2025. This year w&$ charactcrized by significant ttaT]sitioJ4 strategic re-focus8iti8. 8T conlinued dedicalion io cojnmutiity-led enhancement projects. Governanee and Board Updates The Board ¢xp¢xienced several changes during thi$ yw. We thank Fiona Conti for ber dedicated seNice and leadership over 3 years &s Tn]stee and Chair, following her resigDation in September 2025. We also thank Lte Marsball who seryed as ttvst¢¢ aod treasur befott his resi¥tiation in September 2025. We were very pleased to welcome Kevin Stocks a co.opted twstee in Julle alld Ally Carle. who joined in November as our new Tnlee and Treasurer. At the end of Nov¢th 2025, the office beaTttS were: ' Vice Chaii alld Actillg Chair- Paul Bowden ' Treasurer- Ally Carle ' Secretary. Peter Br#8h Trustee5 were Gisela Joss. lain Wilkins0 Kevill Stocks, Chris S&undll, Ally Carle. F]naDel Overview Like mauy in the tbird sector, Lo&siemouth Cornmunity Development TntsL continued to navigate a difficult and uncertaiD fidIThg lalldwape. We are very gtfi for th¢ fiu]ding and swport provided by HIF over the past four yws. but this funding will end in Marcb 2026. The Tnts¢ its tively seeknn8 alten]ativ¢ and more diverse funding sour¢es to ure a sustainable futyre. We were successful in n&grly doubling fimdg from community events, room hir¢ and donations. we WAdening o reach to corporate ernplows 8nd other TnTsts alld Foundati¢)ns. We are pro8ressing incorne geJ)¢raiing SCheLes. This r¢mains all importaui priority to ensure the long-tern sus¢ainability of the Trst and our work. We have fllmncial reserves approximately equal to four llK)ntlk8 of operatiot)al costs. The Trt successfully transiiioned to QuickBooks to in]pn)ve fmallcial r¢portin8 and trSparencY. Project HlghM8bts OUT project porrfolio continues to address locat infr&structur¢. economy. and well-being.. West Beaeh Cthr Park (IVBCP) This has becn a top priority following sigDificant feedback and support from the community. The has led the community respon to fd a solution to kcep the ¢ar park open aDd lljaintained for the community alld visitOTS. From the begtnning, we brought stakeholders together, orgallising and Chang regular meetings. We continue to Taise aworencss locally and nationally through pre&5 and Jnedia pres(¢. posters and bats1, and online social media aJKI w¢b content. In the summer, we held a series of action da in the Car park and hos au online survey to engage with the 1Munity. We raised over £30,000 from fulldiDg aDd donations. £5000 was spent on commissiotiing ground-penetraiin8 radar survey to understand the repair requirements. a filltber £20,000 will be used for a feasi1)ility study to assess repair, co&stal protection requiremeD¢s, and IllieDat)¢e llee tt> secure the of the car park and access to the beach. the study wtll also look at pot¢ntial new Community facilities The Bll9 Trll&l The TnL%t was asked to be caretak¢rs of monies from the Lossiemouth Bus TTh1 and to eDsur¢ that it was put to g(x)d 8¢ within the Community. This y¢ar saw the succG8sfid distTibution of £25,000 vf funds 15 local orgaJ]isations. Park and Plav Parks We commissioned a feasibility study and business case from CM Iksign for a major upgtade of Station Park with 8 view to pursillg a Comrnunity Asset Trdnsfer. Inwroving Station Park rettls an ambition but were unable to find a fujth in the current climate, and this projeci is now ¢)n hold. Page 2
The IA>ssiemouth CommuDity Development Trust Report of the Trustees For The Year Ended 30 November 2025 We w0d collaboratively with the Commurtity Council and Morny Council to support a tender for a r£w play park at Commerce Street. expected in 2026. ' Conununity Tourism The Visitor InfonDatiOD Centre IVIC) enjoyed a su¢¢e$sl summer se&son, welcoming over 400 visitor5 and supwrted by a dedi¢aied tea of volunieer& Th¥ board reeognises the work of Janet Wilkinson and Donna McLean in running the visitor informatioll centre. Community Growlll£ Providing a eon]mullal food growlng Sce has long been a desiTe from the cornmunAty. Successful funding applicalioJ]s allowed the fornydtion of the Lossie Growers in 2025, b)In8in8 keell gard¢n¢rs of all back8routtds and experience together. We support this group tlllxiugb hotillg polling sessioL% trips to other gardens and provision of Mala]S. The group is workn8 towards secwing ¢ommun81 a]lotmellt space. The fitst st¢p will be the provision of COnunity hert) planter5 in JatDes Square. ReDewable8 We suGce&sfully gaiDed funding from the Scottish Government's Comrnunity and Renewable Energy schen (CARES) to carry out 5tydies to assess the feasibilily of a CommL11Y-led and oled Solar PV energy scheme Renewable enew schemes are a key source of iticorn¢ for many community trsts. Beaclk Wheelchair The East Beach bec1¢hair setvice w2s launched in the Spritig of 2025 to provide a¢SIble coastal experienc. Volunteerhosts were trained, robusi processe¥ and risk assessments d¢v¢loped. ' Local Place Plan The Trust the lead organisatioti for & to$slenUth L(Kal Place Plan. a community-le41 pian that allow.s conjmunity bodies to actively plau for their future. Worknng aiollgside Lossiemouth Cornmunity Council and Lo&siemouth Busine A5S0Ci&lion this plan will help shape the lon8-teTm vision for our tov rooted in community priorities. alld can often urdock imFx)rtaul Projects. The Bo&rd would h'ke io thank Alison Read for ber considerable effort and eommitrnent to this project. Ctsmmunlty En8¥emtDt In addition to thc activities mentioned above, we hosted several communily events during the year io rdi6e awarene&s and raise funds, such as quizzes attd tslks. The Board thath trus¢¢¢ Gisela Jo&s for her leadership ID community ndraising. In July, wc had a stall at the RAF FIiends and Family Day, which brought it] a new trnste¢. In SeptemEtr. we hosted a open event at Marine Park pavilion to showcase our projects, panicularly West Beach ¢&r paTk. This event resulted in Iwo trustees. We also supported the relauncb of the Lo85ie Lal magozitte, which was well.received by the CODmLUllity. In addition. we contitiue to support OUT affiliated groups.. tai¢h of Moray Active TThvel Route: the renewed vigour is nkIng progre. we support where can. Lossiemouth Skatepark Initiative: the Trust bas provided &upport with the lease and ffijndraising. Lossiernouth Men's Shed.. LMS has developed illto a strong and independent 0r8anisat1o Unfortwhately iniiiai plan to MDrk alongside LMS at the playing fields did not llMterialis¢. but we continue kn wpport them through meeting r(x)Ixi space and we wfftsh them every ¢ontillued succe&s. External Partser•hip$ and Acknowledgemen¢¥ During tbis period, we decpened our engagement with local grow and forged stronger tie8 with organitiOnS tbat play a vital role in our towry). We are proud io ha&r built clos¢r relatiOJL8hips RAF Lo&giemouth alld look forward to eofflinuins this partnership. Page 3
The L0s5iemouth Community Development Trust Report of the Trustees For The Year Ended 30 November 2025 I would like io extend my sincere thaTJks to HighlaTLds and Isi&yLs Entetyrise for their supw)rt and guidan¢e througb a difficuli time for the third sector. Our thanks 814) go to Lossicmouth Community Council and LDssiemouth Business Association for their consisnt support and willingness to work together on shared goals. We are equally app[latIVe of the continued advice al en¢ouragement frorn DTAS and TSI Moray, both of whi¢h p]ay¢d an imp()rtani pan in kne]ping us navigat¢ this y¢ar. We a]80 continue to benefit from ¢lose relationships with ow local wury¢illors and Moray Council particularly Community Li8i50n officer, Rknna M¢Nieoll, who worked closely with our officers. Cont]wion It is our view that as public fid$ for community orgaw5aiioDS become increasingly scAe, the need for eoll]munity oryani5ations including the Tn¥st becomes ever gr¢al¢r. Our focus is kn deliver for tILe community aTLd to do so we cd to build sustainable, diverse in¢ome SOU¢5 which in the short terni has required us to prioritise projects. Bul o core mission remains to work for th¢ Co[UtY ¢0 make Lossiemouth a bet place to liv¢, work and vi5iL aad we ill ¢IcavOUr to continue to do this. And always, we are keen to hear from the Community in te5pect of thtngs they would lik¢ io see bapp¢ning in Los5iemouth 80 we can adopt the right projects or suppori initiatives througb other con)munity group$. I v40uld like to thank all Board Members, volunteers and members for their work and itivolv¢ment iti T$t a¢tivities. Your energy and vision cootirtue to iDspir¢ ev¢rything we do. I would like to say a special thank you to our Development Officer4 Alison Read and Ka Armitag¢. TIKY are the heart and engit)e room of the Tnjst and showed alDaZi corAmitm¢nt and dedication in a ehallellging year. Thank you! FIP4LNCIAL REVtv.w It 1$ the policy of the chariry to maintsin unrestrictcd fid$, which aTe the free rc5erv¢& of the Chlty, at a level wbich eoveT5 unrestricted expendire and provides fficient fuDd8 to cover llMnagee( athllinistration and support cosls for the period of four months The level of unTe8tricted fijnds held ai the year end wa5 £45,530 of which £8,559 WBS represented by fixed assets lea1g £36,971 of liquid fijtjds be used for the general ruotjing of the charity. Restricted fiujds aTe fimds which are to be used in accordance with the specific re5triction5 irnposed by donors which have been rdised by the charity for specifie purposc. The level of restiicted fidS held at the year end w&s £1 1,549 (2024- £30,392) The charity has the power to invest sury)Iu8 funds as it believes appropriate within thc tern]s of the constituts'o The Irustees have assessed the rrtaior risks to which the cl)arity is exp( and are satisfied that system8 are in place to mitigate exposure to the major risks. STRUCTURE, GOVERNANCE AND MALYAGEMEPIT Governlng document The cijarity is Controlled by its governing document, a d¢¢d of kn]8t. and coLfflithtes a limited coll¥)any, limited by iaranlee, as defined by the Companies Act 2006. REFERENCE AE¥D ADMtNISTRATIVE DFTAILS Registered Cotnpllny number SC491983 {Scotland) Regl*tered Charity number SC045972 Page 4
The Los5iemoutb CommuDIty Development Trust Report of the Tru$tee5 For The Year Ended 30 November 2025 Re8fister¢d office 8a Pitgaveny Street Lossiemouth Mosay IV316NS TrSt¢ Mr PR Bowden Mr P M Brash Mr5 F M Conti (Tesigned 9.9.25) Mrs G L Joss Mr R I Wi]kinson Mr L R Marshall (resigned 9.9.25) Mr C J Saunderson {tesi8tted 30.3.26J Ms A Carle (appointed 24.1 1.25) MrK W Stocks (appointed 23.6.25) M8 L J Sutherland lappoinied 27.1.26) IDdepeDdent Kxanthier Alan Long FCA The Long Partnership 4 North Guildry Street Elgin Morny IV30 IJR BAnkers Bank of Scotland 60CI Gorgje Road Edinburgh EHII 3XP Approved by order of the board of ttustees on 17 August 2026. alld signed on its Ial[ by.. P R Bowden- TnT$tee Page 5
IDdependent EyAmlner's Report to the Trustee8 of The Lossien)oMtb Community Development Thist I report on the accowts fi>r the year ended 30 liovember 2025 set oul oll pages seven sAxteetL Rejpeedve responslbllfitle$ of trustees and examlner The chariws tntstees are responsible for the preparation of the a¢cOu[ ID accordance WAth the terrns of the Charilies and Trnstee Inve$tmellt (S¢otland) Act 2005 and the Charities Ac¢oullts (Scotland) RegulatiOJL$ 2000 4rAeryded). The charitys trustees collsider that the audil requiremeDt of Regulation 10(I)(a} to (¢) of the Accounts R¢gulations does not apply. It is my rcsponsibili¢y to examine ihe accounts required under Seclion 44(1)(c) of the Act and to slate whether particular matters have come to niy attentio Bis18 of the kndepeDdent t3miner'9 report My examination Ivas Carried out in cOrdanCe with Regulation I l of the Charities AccoLmts (Scotland) Regulations 2006. An examination includes a review of the accounting rttords kept by the charity aud a cornparison of the a¢¢ounts presentrd with those records. Il also includes consideration of any unusual items or disclosur in the unts, aJMJ seeking explanatior6 from you as twses concerning any such matters. The procedures undertaken do not provide all the evidence that wou]d be Tequired in an audit, and consequently I do not express an audit opinion on th¢ view given by the accounts. llldependent exam5ner'$ gtatsment In CQDnxtion with my exalnlnatso no matter has come tt) my attention: (l) which gives me reasonable ¢ause to b¢li¢v¢ th4( in Any material respecL th¢ requirenlents to kew accounting records in a¢¢oTdaDC¢ Thith Section 44(1){a) of the 2005 Aci and Regulation 4 of the 2006 Accounts Regulations. and to prepare accounts which accord witb the a¢UntIng records and w ¢omply with Relation 8 of the 21x16 knounts Regulations have noi been met. or (2) to which, in my opinion, attenti£ should be drawn in order to et)able a proper widerstanding of the aGLountt* to be reaLhcd. Alan tDng FCA The lJJstittLte of Chartered A¢wun¢4nts in EDgland and Wales The IA)ng Partnership 4 Nortb Guildry Street Elgin Morny 30 IJR Date- 17 Augwt 2026. Page 6
The Lossiemouth Commurrity Development I'rust Sla¢ement of Finxnei#A Activities For The Year Ended 30 Iyovember 2025 30.11.25 Total fimds 30.11.24 Total funds Unrestricted R¢stri¢ted funds Notes INCOME AliD ENDOWMENfs FROM Donations and legacies 6,338 62,860 69.198 76,131 Othcr trading activitie$ Investment income 10,720 60 445 11,165 60 6,088 Total 82,219 EXPEINDTThIiE OI Charit•ble a¢thldes Scottish Community Proje¢ts General DTAS Confetrnce Community Garde 5.371 79.459 84.830 54,808 97 469 512 1.425 609 1.894 I'otAI 81 54,808 L¥ET INCOMEI(EXPEF4DITb]iE) Transfers between funds (18,091) (6,910) 27,411 10 751 Net movement In 11,932 118.8421 {6,910) 27,411 RECOI%CILIATION OF FbY*'DS Total fLU)ds brought fonv8rd 33J97 30,392 63,989 36,578 TOTAL FUNDS CARRIED FORWARD 45,529 The notes fonn part of these financial stai¢ments Pagc 7
The Lossiemoutb Community Developmellt'frvst Bthnce Sheel 30 Iyovember 2025 30.11.25 Tolal fimds 30.11.24 Totsl fimds Unrestricted Restricted fid fimds Notes FIXED ASSETS Tangible assets 8559 8.559 11,020 CURRENT ASSETS Debiors Cash at bank and in hand 3.390 3,390 2.953 52,714 39,119 11.549 50,668 55,667 CREDITORS Amount5 falling due within one year (2,148) 12.148) (2,698) NET CURRELYT ASSETS TOTAL ETs LLSS CL.RREYT LIABILITIES 45.530 11.549 57,079 63,989 ,IET ASSETS Fuf*DS Unr&stricted funds R¢stricted fid$ 10 45,530 33,597 TOTAL FUYDS The charirable compally is ¢ntiil¢d to exemption from audii under Section 477 of the Companies Act 2006 for the ytar ended 30 Noventher 2025. The members have not required the company to obtain an audit of its financial ststements for the year efyled 30 Novend)er 2025 in accordance with Sextson 476 of thc Conipanies Act 2000. The In]stees acknowledge their responsibijitits for (a) ¢n5uring that th¢ ¢haritable CCpll4)any keeps accounting cordS tbat comply with Sections 386 and 387 of tbe Companies Act 2006 and preparftDg f¢11 8tatements which give a tjue and fair view of the state of affairs of the cIwitabl¢ ¢ornpany as ai the end of each financial year and of its surplus or deficit for each financial year ill a¢wrdance with the requirements of Sections 394 and 395 alld wkn'ch othenvise comply with the requirErnenL8 of the con1plieS Act 2006 relating to fiu4Dcial ststements, so far as applicable the charitable company. (b) Thc notes forn] part of th¢se fmancial statellwits Page 8 conlillued..
The Lo$$iemouth ComJpuDity Developjnent Trnst B81An¢e Sheet- condnued 30 November 2025 These financial statements bave been prwared in accordance with the provisions applicable to charitsble eomptiDie$ subject io th¢ small compatiies regime. The financial statements wete approved by the Board of and wthorised for issue on 17 August 2026 and wert Signed on its behalf by: R Bowden. Trnstee Th¢ note5 forni part of th¢s¢ fu]ela1 statements Page 9
The Lossiemouth CommuDIty Development Tn]st Otes lo the Fin&D¢ial StAtements For The Year Ended 30 November 2025 ACCOUN'TING POLICIES Basls of preparlug the flnan£lAI 8tatemtDt$ The fitneI tementS of thc charitable coll]pany, which 15 a public benefit entity under FRS 102, bave b¢¢ll prepared in accordance with the Charitiss SORF (FRS 102}'Accounting and Reporting by Charities: Statement of Recomtllend¢d Prac¢ice applicable to charities preparing their accounts ill accordaoc¢ with the Finall¢i41 RerI]llE Standard applicable in tbe UK and Republic of Ireland IFRS 102) {effe¢tiYe l January 20I9)', FinaJKial Reporting St8ndard 102 'Th¢ Finat]ci Reporting Stsndard applicable ITr the UK and Republi¢ of Ireland, and the Compat]ies Act 21x16. The fillala] statements have been prepared UDder the historical cost convention. Income All iOme Rs recognised in the Statetllent of Financial Aetiviti¢s the chatity h&5 entitlement to the fullds. it is probable that the income will be rettiyed and the anwunt can be Teliably. Kxpendlture LiabilAtie8 are recogllised as expenditltre as soon as there is a legal or C4)AStructive obligation committsDg the IhaJity tt) that expenditure, il is probable that a trafer of e¢onomi¢ benefits will bc rcquired in settlemellt and the aollt of the obligaiion can be MeuTed reliably. Expcnditure is accijunted for on an a¢¢nlS basis and has been classified under headings that aggregate all cost related to the category. w1C ¢osts cannot be dirKtIy attted to particular headings they have been allocated to activities on a basis consistent with the use of resouTces. Tangible ed assets Dcprrciation is provtded at the followryng amiual rates iti ordcr lo write off ea¢b asset ovcr its estimated usefvl Plant and rnacbinery Fixtures and fittings Computcr equiprnent 25Q/D on reducing balance 25Y• on reducing balance 33Yfj on Cost Taution The clwity is exempt from corwrdtion tax on its clwitable activities. Fund aeeounting Unrestricted funds can be used in accordance with tbe ¢haritable objectives at the discretion of the trw*¢s. R&stricted funds can only be for paJticular restsicted purposes within the objects of the ¢harity. Rc¥trictions arise when Specif by rhe donor or when fimds are rad for particu]ar restricted purpos¢$. Further planation of the nature and pury)ose of each fid is included in the notes to the fll)att¢ial siatemcnts. Pension tosts and other post-retlremelll b¢ne(Its The charitable company operates a defined contribution pension scheme. Cotitributions payable io the charitable compan5 peosion scheme are Charged to the Staterneut of Financial Aetivities in the period to which they relate. Page 10 ontinued...
The tK•$siemouth Community Development Trnst Notes to ihe Financial Statemenls - continued For The Year EDd¢d 30 November 2025 OTHER TRADIIIG ACTivTfJES 30.11.25 30.11.24 Fundraising events Room hire Shop in¢oJue 6,597 4,123 445 3.777 2Jll INVEsTmT L%COME 30.11.25 30.11.24 Interesi receivable- trading 60 NET Th,COm[ExPEND1TuRE) 'et jncomel(expelitUre) is 8tated after chargin{CreI1ting). 30.11.25 30.11.24 Depreciation- owned a$8ets Deficit on disposal of fixed Bsset8 3,129 78 2,355 719 TRUSTEES. REMUNERATION BThIFrrs There were no trustees, remuneration or other benefits for the yeor ended 30 November 2025 nor for the year ¢Thled 30 Novembts 2024. Trustees, expellseA There w¢re no tnL8tces' expe1$ paid for tbe year Ended 30 November 2025 nor for th¢ year end 30 November 2024. COAMPARATIVLS FOR THE STATEMENT OF FINAI¥CIAL ACTtVlTIES Unrestricied Restricted fund nds Total fimds INCOME AND END01VEliTs FROM Donations and lega¢i¢s 1,516 74.615 76,131 Other trading 4¢tivities Total EXPKI¥DITURE ON Charitable aetliltle$ Scottish Comnllmity Projects Gffleral 5.875 48,933 54,808 Totsl 5,875 NET tJCOML E 1,729 25.682 27.411 Pagell ontinued...
The $SIeOth CommuDIty Development Trust Notes to the Fin*neial St4temeDts- coDtinued For The Year Ended 30 November 2025 COMPARATtVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- eondnued ultriCted Restriot¢d fund fiLnds Total fidS Trattsfers betsveeD funds 3,451) Net movement In fullds 5,180 22,231 27,411 RECONCILIATION OF FUNDS Total fimds brought forward 28,417 8,161 36.578 TOTAL FUliDS CARRIED FORWARD TLNGIBLE FIXED ASSETS Fixtures Plant and machinery Computer equipment fitting8 Totals COST At l Dec¢mber 2024 Addiiiolls Disposa]s 9,272 260 2,613 364 6.221 122 340 18.106 746 At 30 November 2025 2.977 DEPRECIATION At l December 2024 Cbarge for year Eliminated on disposal 969 2,125 834 513 5283 491 7,086 3,129 At 30 November 2025 NET BOOK VALUE At 30 November 2025 491 8,559 At 30 Novcrnk 2024 938 DEBTORS: AMOUYTS FALLING DUE WITHTh ONE TrTAR 30.11.25 30.11.24 Trade dd)lors Page 12 continued...
The tAbsslemouth Community D¢vdopmellt Trust Notes to the Financial Statements - continued For Th¢ Year Ended 30 liovember 2025 CREDITORS: AMOUliTS FALLLNG DUE WITIILN OLYIE YEAR 30.11.25 30.11.24 TIe er¢ditors Social se¢urity and other e$ Wa8e$ 8T pension A¢¢rned expenses 114 428 90 136 2,698 10. MOVEMENT IN FLDs Nct movement in funds I"ransfers betweell nds At 30.11.25 1.12.24 Unre8tr1eted fwids Gelle[ 33,597 11,182 751 45,530 R¢stri¢ted funds Highlands and Islalldg Ent¢rprise Bridge Fund Bus Tt DTAS Conferenee TowisE tA)ssie matters ConllDuoity Space Grant Moray CAN 25-26 Morav LAF 25-26 TSI hioTay CAN TSI MorayHealth & Wellbeing TSI Other 2,523 2.473 24,223 12J23) 2,473 861 (23.362) 1,168 (158) (122) (5} (624} 888 986 996 4,500 205 839 420 362 996 4,500 205 839 420 751 TOTAL FUNDS 6.910 Page 13 continued...
Tbe $siernOUth CommuDIty Development Trnst Notes to tbe Financial Statements - eolltinued For The Year Endtd 30 November 2025 io. MOVEMENT LN FUNDS- ¢onthiued Net OveMent in funds, iluded in the atK)ve are as follows.. ]ncoming Resources Movwnent resouT¢es expended in filllds LTnrestrR¢ted funds General fiu 17.118 (5,936} 11.182 RestrAet¢d fund Hi8hlallds Is]ands Enterprise Bus Tnt DTAS Conference Tourism Community Space Grant Moray CAN 25-26 Mordy LAF 25-26 TSI-LAF TSI M¢)rdy CAN TSI Mordy Health & Wel]beiDg TSI Oth 45,810 (48,333) (23,362) (129) (6031 (514) (185) (2,523) (23.362) 134 445 1,500 1,181 4.500 7,IK)O 514 1.800 420 (158) 986 996 4.500 {7.000) (309) {961) 205 839 420 63 TOTAL FUYDS Comparatives for movernent In funds Nd Tmsfers between funds At 1.12.23 movement At 30.11.24 restrleted funds General fvnd 28.417 1,729 3,451 33,597 Restrleted fuDds Highlands and Islands Enterprise Bridge Fund Bus Tnjst Teleseope 5,688 2,473 13,165) 2,523 2,473 24.223 24,223 3,451 1,168 13,451) ,l68 8.161 25.682 TOTAL FiTf4DS 36.578 Page 14 Continued...
The Lo$siemoutb Community D¢velopment I'rust Notes to the FinanciAI Statements - condnued For The Year EDded 30 November 2025 io. MOVLMENf Th FUliDS. eontinmed Con]Wdrative oet movement iti filnds, inclth in the above are as follows: Incoming resouwes ReSOu¢S Mov¢ment expended in fiLnds LTllre5trleted full41$ General fimd 7,604 (5,875) 1,729 Restrlcted funds Highlands and Islallds EntenSe Bus Trust DTAS Confe¢ Teleseope Toilets Towysm 41.605 24.563 443 3,5 2.714 1.5 290 (44.770} {340) (443) (49) (2,714) {332) {3,165} 24,223 3,451 1,168 TOTAL Fuf4DS 54 808) A curreni year 12 months and prior year 12 months combined positii)n 18 as follows.. Net movcment TThn8fers between At 1.12.23 At 30.11.25 UrtrIcted funds General fund 28.417 12.911 4,202 45.530 Re$tricted fwids Highlands and Islands En¢¢rprise Bridge Fund Bus Trust DTAS Conf¢r¢nce Telescope Tourism Inssie matters CoJnmuDity Space Grant Mordy CAN 25-26 Moray LAF 25-26 TSI Moray CAN TSI Moray Health & W¢llbeiDg TSI Other 5.688 2,473 (5.688) 2,473 861 861 3.451 1.010 {3.451) {122) (5) {624) 888 986 996 4,500 205 839 420 362 996 4,500 205 839 420 TOTAL F15NDS Pasc 15 continued...
The IA>ssiemoutb Community Development Trust Y4ote5 to the Financial Ststements - continued For The Year Ended 30 November 2025 io. MOVEMEI¥T FU*DS- conthilled A current year 12 months and prior year 12 months ¢ombined net movement in fiJnd4 includ¢d in th¢ above are a5 follows.. Incoming resources Resources Movement ¢xpended in funds Unrtttrkted General fimd 24,722 {11,811) 12.911 Restrkted fuDds High]and8 and Islatrjs EILteiSt Bus Tn DTAS confefte Telescope Toilets Tourism Lossie matt Con)munity Space Grant Moray CAN 25-26 Moray L4F 25-26 TSI-LAF TSJ Moray CAN TSI Moray Health & Wellbeing TSI Other 87.415 24,564 577 3,500 2,714 1.945 290 .500 1,181 4.500 7.(M)O 514 1,800 420 (93,103) (23,703) (572) (49) 12,714} (9351 (285) (514) (185) (5,688) 861 3,451 I,oio 986 996 4,500 {7.fy)0) (309) (961) 205 839 420 137920 (130 30 TOTAL FUNDS 162,642 {142 141) ii. RELATED PARTY DISCLOSbliES Ther¢ were no related party tranw¢ions for tbe y¢4r ended 30 November 2025. Page 16
The Lossiemouth Communlty Development Trust Detailed Statement ofFillanciAI Activitie8 For The Year Ended 30 November 2025 30.11.25 30.11.24 tiCOME ATr4D E4DOWMENTS Don¥4tiOnS and Iwcles Donatio 6,334 1.516 69,198 76,131 Other trAdlng ACtiTritie8 Fundrwing events Room hite Shop income 6,597 4,123 445 3.777 2,311 11,165 6,088 Investmettt incorne Interest receivable - trading Totsl iDcDmlng re4our¢e$ 80,423 82.219 EXPENDITURE Charitsble aitlvltles Wages Soci21 security PeLsion5 29,431 1.924 1,376 142 1,17S 493 174 1,137 422 1,539 265 2,255 7,000 8.720 887 23.363 1,454 260 1,099 469 96 26.074 3.596 2,117 96 1,28l 437 174 198 426 3,766 150 1,732 734 8.400 978 440 715 420 Lighi and heat Telephone Postage aod stationery Adi'ertising Sundries Repair5 and renewdls Staff ts3initi8 Accoun(ancy Professiojhal fe¢8 Rent Travel BustnL41 grant distribution Fundr8ising Room hll Rales Community garden ¢xpen%es Subscriptions Shop pur¢hases Plant and machinery Fixtures and fittings C¥llied forward 2,125 513 86.763 1209 593 53,536 This page does not forn] part of thc stalutory finall¢ial statements Page 17
The ISSiemOtkn Community Development Trust Detailed StatemeDt of Tr inydneial A¢liiTrtses For The Year Ended 30 Nov¢mber 2025 30.11.25 30.11.24 Cbarit#ble actlvldes Brought fotward Conlputer equipment 86,763 492 53.536 553 87255 54.089 Support ¢0St8 FbJgnc* ss on sale of tattgibk [ed &ssets 78 719 Total TC50urc¢s expended Nel (expendlture)Ilncome This page does not forni part of the statutory fiDancial statements Pagc 18