REGISTERED CHARITY NUMBER: SCO48284
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCLIL sTATE￿￿￿[s
FOR THE YEAR ENDED 31ST MARCH 2025
FOR
RE.TWEED
JRW Hogg & Thorburn LLP
Chartered Accountants
19 Bucclcuch Street
Hawick
Roxburghshire
TD9 OHL

RE.TWEED
CONTENTS OF THE FINANCL4L STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
Page
Report of the Trustee8
Independent Examiner's Report
Statement of FiDaDcial Activities
10
Balance Sbeet
Nots3 to the Financial StstemeDts
12 to 22
DetAlled Statement of Finan¢ial Actlvities
23 to 24

R￿TWEED
REPORT OF THE TRUSTEES
FOR THE YEAR EIYDED 31ST MARCH 2025
The trustees present their rqx)rt with the financial statements of the charity for th¢ y¢ar ended
3 1st March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities:
Statement of R¢¢ommcnded Practice applicable lo ¢haritics preparing their accounts in accordance with the
Financial Reporting Standard applicable in th¢ UK and Rcpublic of Ireland (FRS 102) (eff¢clive l January
2019).
ORJECTIVES ALYD ACTIvrrIES
Objectives and aims
The organisation's purposes are:
To prevenl or relieve poverty particularly among the women and their families in Berwickshire and to
promote trainin& particularly among residents of Berwickshire and with particular reference to skills which
will assist the participants in obtaining paid employment and developing th¢ir enterprise pot¢ntial.
To advan¢¢ education, employment and ¢nterprisc and in particular to promote opportunilics for women
who face povety and multiple disadvantages.
The advancement of environmental protection or improvement and to incrcase social and environmental
awareness.
KeTweed advances learnin& citizenship and community, particularly for the benefit of women and young
people who experience poverty, isolation and exclusion in Berwickshire and Scottish Borders. Since
inception in 2016 we have deliv¢rcd 38 innovativ¢ textiles u￿y¢ll￿g programmes where over 25Q women
learned a wide range of techniques and skills in craft desi￿ and technology undetpinn¢d by a clear
environmental philosophy of promoting reduce, reuse, repair and recycle culture for the area.
ReTweed tackles ¢ycl¢s of povety, abuse, isolation and low aspiration by helping to identify and develop
talent and skills, inspiring new interests and providing opportunities for women to take an active part in the
social, civic and eeonornic life of their communities and in doing so. take control of their lives and careers.
In th¢ financial year 2024125, 86 woinen. young people and rnembers of the wider cornmunity have thn
part in our courscs, workshops and volunteer programme.
ReTweed's volunteer programme runs alongside our core training. Our Community of 411F volunte¢rs
contrlbute to the manufacture of products for resale, assist in our retail activities and support ihe delivery of
community events, commercial workshops, and core training prO￿amM¢. Follow-on volunteering
opportunities within ReTwe¢d support some our most vulnerable women ensuring the progress they have
made is sustained long-l¢rn] and women n¢w to ReTw¢ed have the opportunity to broaden their knowledge
and skills and build connections in the community.
Public benefit
The charity is a Public Benefit Entity.
Pagc I

RE-TWEED
REPORT OF THE TRUSTEES
FOR THL YEAR ENDED 31ST MARCH 2025
OWECTtVES AND ACTIVITIES
Donated Facilities & ServieL8
SuP￿rt received in-kind and from donations (materials. equipment, expertise and volunteer contributions)
have all helped towards Ihe outcomes and achievements of the or8anisation during the period. Examples
includ¢:
a) Over a ton of t¢xtiks donated from business, industy and the lo￿1 community and diverted from landfill
back into the community and ¢conorny
b) H08t venues for tTaining and ￿dUatIOn events for our students and volunteeTS included: Ey¢mouth
Hippmjdrome, and a range of other venues across the region for presentations and pop-up workshops
including schools, arts venues and wmmunty centres.
c) Our volunteer hours in this financial year increased a little from 2023124 - from 25 in the last financial
yeÉW to 45. The total hours regisl¢red for volunteering at ReTWe￿ during the financiaj y¢ar were 3124.
Volunleering mainly supports manufacturin& retsil, digitsl rnedia, community events and training delivery.
Other volunteering this year has included creating content for social media and volunteer projects, and
producl development. These volunteer hours do not include the volunteer hours from our board members.
d) Donated ¢quipment from IcKal businesses and commutRity organisations has been le&8 overall this year
but both ReTw¢ed and the women continu¢ to benefit from the Zero Waste Hubs in Dunbar, Chirnside and
Edinburgh. Donations of furniture, furnishings, equipment and 1extiles continue to be re4onated on to
women, other community or craft groups, scrap stores and schools.
¢) Training undertaken by staff, volunteers and board members includes marketing and digital developmenL
websile and ecommerce development, digital marketing, financial planning and gencial personal and
professional development training. Scottish Borders Council Employment Support Service also provided
training and mentoring to our staff on developing I: I support for our students, ￿adUateS and volunteers to
make sure they continue lo make progress following their group training programmes.
fj Development of both wwiv.retweed.eom and www.internationaltartans.co.uk websites has continued. Thc
website for International Tartans was launched in Junc 2023 and continued to deliv¢r a busy cu5tom¢r
interface and work continues to improv¢ our analytics and th¢ intcrface between our ¢ustOTners and our
products. WO￿ to improv¢ the ReTwe¢d wcbsite and increas¢ trdffic to Shopify (ecommerce element) is a
futur¢ priority.
8) 5 part-time staff have delivered ReTweed's core work and 6 part-tim¢ stsff and 4 freelance makers have
delivered the International 'fartans Project in the financial year.
h) Both R¢Tweed and their Int¢mational Tartan5 Project have dclivcrcd outstanding training for students.
We have undertaken 6 courses in R¢Tw¢ed and l advancd iailoring Lourses for Internalional 'l-artans during
this year.
Page 2

RE-TWEED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Summary of R¢Tweed's Achievements Over the Financial Year Including the Achievements of their
International Tartans Project
a. We have developed and delivercd two 12-week professional training programm¢s for 15 women facing
multiple and complex barriers to making progrcss in their lives and careers. The women (our students) are
from Berwickshir¢ and the widcr Scottish Borders.
b. We have developed at]d delivered three outreach programmes for 21 women tn remote communiti¢s.
ReTweed collaborated witb community parthers to go out into very rurdl areas and provide training and
skills to women in areas where no other s¢rvic¢s exist. Thes¢ 7-week cours¢s ran in Cranshaw5, Chirnside
and Cockburnspath. These courses offer tremendous comrnunity d¢velopment opportunities for thc students
taking part, with many of th¢m becoming active cilizens. developing environmental and craft programmes
after th¢ir participation in the R¢Tweed progrnmmes. Cours¢s were supported by 2 voluntecrs from those
communities.
c. We conlinued development of Level 2 advanced tailoring course with products linked to the a¢cessorie5
being sold ihrough the International Tartans online shop &s wejl as additional extcrnal training opportunities
for studenls outside of ReTw¢ed/lnternational Tartans. A total of 8 women coinplcted the one course.
d. Our climate Citi￿nShIp work, which lies at the heart of much of what we do, conlinues to go from
strength-to-strength. Over the last financial year, our students, grnduates and volunteers continue to lead or
be involved in their local communities to promote change in environmental PTactices. With th¢ International
Tartans Project, work with business and industry partners and with public sector agencies has b¢¢n inspiring
with local businesses responding to our requests for improved ethics around supply chains. Our students and
volunteers are also widely recognised as ambassadors for Change - including sctting-up and running village
¢co-swap events and craft groups, promoting OUT environm¢nt4tl work on their social media accounts, raising
awar¢n¢ss of the impact of waste on our eco-systems and campaigning for greeT] issues. We had a huge
increase in the volume of donations over this financial year and donated approximatsly 50 kilos onto other
comrnunity organis&tions and schools across the area.
We continued the production and sale of a wide range of band-crafted and upcycled fashions, furnishings
and crafts, diverting textile wast¢ from landfill and back into the economy through both the products made
on our courses and by our volunt¢eTS.
f. Wc are increasing ihe International Tartans sales generated through Scottish Register of Tartans, the n¢w
International Tartans Website and our social media. We will continue to investigate n¢w sales opportunities
including th¢ developing sector of Business to Business sales.
g. The refurbAshment of the new ReTw¢cd p￿MiSeS started in April 2024 and continued unlil February 2025
with the initial priorities based around rernoving all downstairs fixtures and fittings and ensuring
accessibility for our students, volunteers, staff and customers. I'he last piece of refurbishment was the
replacement of the large flat roof and upstairs windows. The Board got involved with the refurbishment and
came in for a day with stsff to paini the new space. We had help from the local SBC justice service group to
paint the main workshop space in preparation for students and volunteeTS returning. The building is securcd
as a community asset foT Eyemouth. Whatev¢r th¢ futurc of ReTw¢ed, the building will remain in
community ownership for tim¢ immernorial.
Page 3

RE-TWEED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
h. Due to our focus on this relocation nUm￿rS attending presentations, events, work.8hops, training or
ReTweed over the year were lower than in the previous year. This includes presentations at Third Sector
forums and events across the region. however, we did take part in 9 events in total over the period. Events
C041esigned by us and oth¢r agencies including for example, Marchmont Hous¢, Berwickshir¢ Swap,
Greener Duns and South of Scoiland Enterprise. W¢ delivered 16 cornmercial crnft Workshops for $2 paying
customers. We had reduc¢d Gustomerlvisitor numbers lo our shop in 2024 which was a direct result of the
move and refurbishm¢nt work. We missed our summer season which is nonnally our busiest time with a
large incrcase in tourist nutnberb over the summer months.
Our students and volunteers are aged 16 - 65. The intergenerational element of our work strength¢ns
community cohesion as well as achi¢ving outcomes of ¢mployment, further educatiorl volunteering and
citizenship. We continu¢ to work with schools delivering prcs¢ntations on social enterprise and textiles
upcy¢ling and developing a structure and pro￿arnMe for community-based courses - taking ReTweed out
into communitics and areas of comtnunitics where no other learning opportunities exist.
j. Our Volunteer Team have continued throughout the year. They ￿Ver a range of tssks including our
commissions to manufacture a range of bespoke products from customers, cornmunity organisations and
other businesses, lead and support product design, run our retail activities within our shop as well as at
.41
events and support cornmunity resAlien¢¢ efforts e.g. supporting individuals who are especially vulnernble
linking them into vital support services. Th¢ Board and L¢adcrship Team reviewed our Volunteer Model as
w¢ hav¢ many people on ihc waiting list and less progression opportunities for those volunteers who have
be¢n with us over a longer period. In 2025 and beyond volunteers will have a maximum of 6 months
volunteering with ReTwe¢d with possibilities to help after that period with events and special projects.
k. We created 2 new posts for local people within ReTweed through the Int¢rnatAonal Tartans Proj¢ct. Both
these posts ar¢ part-funded through th¢ Ernployer Recruitrnent Iiicentivc and No One tKft Behind with 70 %
of the funding for the posts being cov¢red for the first year. Internationaj Tartans also provide Freelance
Employment for 6 women who have becn manufacturing the range of products for International Tartans
during the period. Three of those women moved on into employment after a few months with the
International Tartans Project.
l. The Intsrnational Tartans Project is pro￿esSIng well during this period and in January 2025 the board
took ihc decision to let Int¢rnational Tartans start the process of trading as a CIC. Trading income up on the
previous year and now steadily increasing rnonth on month. W¢ launch￿ our website with a wide range of
products and s¢rvic¢s not least our Tartan Design Service. We are now working with a technology expert to
ensure our search t¢rnis are well ranked and are w)sting regular blogs on tartans with commercial potential.
Our Business lo Business relationships are gaining traction and we have awem¢nts in place with a number
of mills with ethical practices for weaving our tartans. ReTweed's fledging of Intcrnalional Tartans has becn
a huge undertakin8 but it is providing continucd progrcssion opportuniti¢s for our graduates as they go from
having no experience and no confid¢nce to kcoming tsilors, seamstresscs and even kiltmak¢rs.
Page 4

RE.TWEED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
FINANCIAL REVIEW
Fin2neiAI position
ReTweed's position at the year-end 31st March 2025 is a n¢t surplus for thc y¢ar of £70,304 {2024,
£119,785). The trading in¢om¢ for the period was £62,646 (2024, £40,119) and this increase is due to the
Int¢rnational Tartans work in thc ycar.
Th¢ unrestricted reserves as at the year-end were in a surplus of £57.355. That represents a slight increase in
the Teserves position in the previous financial year. Th¢s¢ rescrves also include unrestricted funding from
Th¢ Robertson Trnst and Baillie Gifford. The charity intends to continue r¢storing the reserves position ID
lin¢ with iheir charitable obligations. aiming for a minimum of12 weeks running costs. Th¢ current level of
fr¢e ￿SerVeS held at 3 1st March 2025 amounts to £35,186 (£57J55 unrestricied funds less £22,169 Fixed
Assets).
The restricteAI reserves amount to £227,477 at 31 st March 2025. £150,406 of th¢ restricted funds r¢lat¢ lo
t funded capitsl projects with the remaining balance relating to ReTw¢ed's ongoing core work as well as
¢l¢ments of th¢ International Tartans prOJ￿t work.
Income the financial year for 2024125:
£306,508 was derived from grant funding for ReTweed's core serviees and project work from The National
Lottery Community Fund. The Robertson Trust. Impact Funders and Scottish Government Improving
Communities.
£23:321 represents ReTweed Core Trading Income during the period.
During the same period £125,409 of grant income was secured against the development of our International
Tartans Project from Foundation Scotland fflie Women's Fund), UK Shared Prosperity Fund (SPF) and
Fallago windfarni.
£39,325 represents International Tartans trading income during the period.
Reseryes policy
The irustees reit¢rated their commiimcnt to conlinue with our cuffent Reserves Policy to ensure good
governance and protect the staff and service users in the event that the organisation needed to wind-up
servRces. Standard guidance recommends three months operating costs. The Board remained in agrccment
to allocate £4,500 per annum to a point where ReTweed's regerves covered the OSCR good practice
guidance i.e. 3 months full operating costs.
Going concern
The trustees confirni that there are no material unc¢rtaintie8 regarding the Charity's ability to continu¢.
Cost of Living FinAnci41 impact
The Board awarded cost of living rise in all salaries for staff ag of 1st April 2024 at 4.10/• in line witli RPI.
The increase in energy costs has had th¢ most Si￿1r1¢ant impact on ReTweed and we have s￿n our energy
costs continue lo iiicrcase again over the past fmancial year.
The other impact of the cost of living increases are on our beneficiaries. Our priority target group are women
facing Multiple barriers including povety. Women are reporting the struggles they are having to pay bills
and feeding their tamilies and we also reCO￿lse the impact this has on general well-being and mental hcalth
and ar¢ seeking to address this through our services and supwrL
The fjnancial imperative for ReTwced is to incr¢ase thcir trading income in order that they have unrestricted
funding to respond to the issues and challenges present¢d with the increased Cost of Living.
Pagc 5

TWEED
REPORT OF THE TRUSTEES
FOR THE ￿AR ENDED 31ST MARCH 2025
FUTURE PLANS- THE WAY FORWARD FOR 2025126
Our new premises will enabl¢ programme expansinn and innovation for R¢Tweed in the years ahead. Going
forward into 2025126 the following priorities have been agreed:
Dcvelop dedicated services for young people. We will target young p¢opl¢ with disabilities, those outside
mainstream education, care-cxperi¢nced and expcriencing mental-hcalth ¢hallenges. Our training, learning
and I: I sp¢cialist support will focus on growing skills (including core-skills} and the confjdence they need
for healthy, happy lives and sustainable careers. Our 12-week training Programmes will be educational.
whilst incorporating a recreational dimension with a Mode￿ digital and f&shion-focus.
Hold a Se￿nd National 5-Textiles Industy Skills for Work in partn¢rship with Borders Coll¢g¢. This pilot
will IK d¢livered over 12-we¢ks for 8 studcnts, prioritising those furthest-removed from employment and
young people facing barriers. This will incrcasc our reach and capacity. upskill OUT teain and achieve
accrcdited centre status lo serve East Borders.
Provide skills and enterprise incubator with space, specialist equiprnent and advanc¢d-training for women
and young people setting-up their own creative businesses.
Provide person-centred I: l and small groupwork through a new spccialisl employability worker. helping
studcnlss graduates and start-up cntrepreneur5 lo action plan, as well as helping with CVS, application fornis
and FEIHE pathways. She will also work with volunteers. providing pastoral and careeT-development
support to maintain wellbeing and progress at a pace that works for them.
The priorities for our International Tartans Project includ¢:
Continued commcrcialisation of our tartan and tartan products both online and in our r¢tail and workshop
space in Eyemouth. W¢ will expand the r¢ach of our ecommerc¢.
- Continued progress on developing business-to-business as well as business-tO-CUStomer opportunities. This
will include Weaving Mills, other ethical suppliers and other Manufacturers of tsrtan products here in
Scotland and around the globe.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing docutnent, a deed of trust and constitutes an unincorporated
charity.
Re-Tweed is a Scottish Charitable Incory)OTated Organisation (a SCIO). Tlic assets of Re-Twe¢d
(Community Intercst Company) wcrc transferred to R¢-Tw¢cd (SCIO) on l Oth April 2018.
Charlty Constitution
The Charity was governed by a two-tier constitution from 0110412024 up to 2811012025 when it was Changed
to single tier constitution by the then appointed board. The current board are in the process of updating the
constitution and reverting back to a tw(Ftier system.
R¢cruitment and appointment of neiy trustees
Pot¢ntial iruste¢s are identified by curr¢nt board rnembers on the basis of their expertise and gkills set.
Vacancies arc advertised regionally and nalionally to encourage the best possible skill set withou1 our Board
of Directors.
Page 6

R&TWEED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
sTrucruRE, GOVERNANCE AND MANAGEMENT
Organlsatlonal strueture
B￿d members in position during this financial peri￿ have now resign￿. They resiglled between
28110r2024 and OY0912025 and the current Board members wtre recruited in September 2025. These
accounts have been produced with the new Board in place. Ovff the past six months the organisati(n has
¢xpffi¢nL%d a ￿rIOd of si8nifi¢ant ¢han8¢. With support from Borders Community Action. we quickly
moved to rebuild ReTWe￿ and the first step in that was to recruit and appointment new trustees:
As a new Iwit they have beg￿ the process of reviewing governanee. strenwhening our fmancial
managemen( and putting in place the right policies to ensure that the challenges of recent months are not
re￿ated. Whil¢ originally s¢¢dd by ReTWee￿ Intrfnational Tartans has now become an inde￿ndent
Organisatio￿ led by Hazel Smith. We are proud to see it flourishing in its own ri8ht. R¢Tweed is now under
full board control and is b¢in8 kd with care and corn￿¢￿¢¢ by Nichola Purvis, our new Chief Officer. who
works closely alongside us. Our projects are progressing well, and our fin8nces are being carefully reviewed
and stabilised. We are grnteful to our core funders for confirniing their ongoing support now a new board is
in place. Rebuilding our fimds and ensuring bdter inwme from trading and rentsl are a priority going
forward. Over the past nine years. ReTweed has made a ￿markable impact across the Bordels, empowering
women and transforniing lives. With renewed stability and a strengthend foundation. we are confident
about future.
Kry management remunerydllon
Key management ￿rsonnel were remunerated a total of £85.066 during the period (21r24, £69.301), with no
ex￿nSeS reimbursed in the ￿riod (2024, Nil). Th¢ constitution statw that the Project Maaag¢rlChi¢f
offi￿ shalL notwithstandin8 that she is a trustee of the or8anisatj0￿ be entitled to retsin all r¢mun¢ratio
and all pa]sion andlor other Ixnefits. paid (r provided to hff in her capacity as an employee of the company.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
SC048284
PrlntipAI addras
Manse Road
Eyemouth
TD14 5JE
Page 7

REPORTOF ThETRUSTEES
7D9 OHL

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
RE-TWEED
I report on the accounts for the year ended 3 1st March 2025 set out on pages ten to twenty two.
Respectiv¢ responsibilities of trustees and examiner
The charity's trnstees are responsible for the preparation of the accounts in accordance with the tern]s of the
Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations
2006 (as amended). Th¢ ¢harity's trustees consider that the audit requirement of Regulation l O( l )(a) to (c) of
the Accounts Regulations does not apply. It is my responsibility to c￿qMin¢ the accounts as requir¢d under
Section 44(1)(c) of th¢ Act and to state whether particular matters have come to my attention.
Basls of the independent examlner's report
My examination was carried out in accordance with Regulation I l of the Cbarities Accounts (Scotland)
Regulations 2006. An examination includes a review of the accounling r¢cords kept by the charity and a
comparison of th¢ accounts presented with those records. Tt also includes consideration of any unusual ilems
or disclosures in th¢ accounts, and s¢cking ¢xplanations from you as trustc¢s concerning any such malters.
The procedures undertak¢n do not provide all thc evidence that would be required in an audil and
consequently I do not ¢xpress an audit opinion on the view given by the accounts.
Independent exgminer'$ statement
In connection with my ewamitvation, no matter has come to my attention .
(l ) which gives me reasonable Cause to believe thaL in any material r¢sEKcL the requirements
to keep accounting record8 in accordance wilh Section 44( Ixa) of the 2005 Act and Regulation 4 of the
2006 Accounls Regulations. and
to prepar¢ accounts which accord with the accounting records and to comply with Regulation 8 of the
2006 Accounts Regulations
have not been rnet; or
(2) to which, in my opinion, atlention should be drawn in order to enable a proper understanding of the
accounts to be reached.
JRW Hogg & Thorburn LLP
Chartered Accountants
19 Buccleuch Street
Hawick
Roxburghshire
TD9 OHL
4th February 2026
Page 9

RLTWEED
STATEMENT OF FINANCIAL AcfIviTIES
FOR THE YEAR EIYDED 31ST IWICH 2025
2025
Total
funds
2024
Total
funds
Unrestricted Restricted
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
44,099
276,510
320,609
323.814
Other trading activilies
Other income
23,321
39,325
62,646
40.119
41
Totsl
67,420
315.835
383.255
363,974
EXPENDrruRE ON
RAising funds
7,359
49,194
56,553
36,390
Charitable actlvities
Charitable activities
57.101
199,297
256.398
207,799
Total
64,460
248,491
312,951
244,189
NET INCOME
2,960
67,344
70,304
119.785
RECONCILIATION OF FUNDS
Total funds brought forward
54,395
160,133
214,528
94,743
TOTAL FUNDS CARRIED FORWARD
57,355
227,477
284,832
214.528
The notes forni part of these financial statements
Page 10

TrE£D
BALANCE SHEET
31ST MARCH 2025
fvnd
fiwds
10
Iiji
170.424
1751
14776
169
148255
21169
150.4(
IW75
129527
CURREKf Assrrs
12
13
28,571
ijjo
24.776
18,656
51948
41A81
84683
41876
77.723 120JW W80
CREDITOKS
AmD* within one y
14
(7ffj90)
(652)
42)
(l iJ79)
31186
.071
112257
85.001
TOTAL A&SETS CURREKr
UABILMLS
57J55
2rJ.4TI
284432
214528
57J55
227.477
284832
214J23
16
57J33
227.4TI
54395
1&).133
TOtAL FUNDS
284J32
214528
3nl 2026 tmd wert SI￿10n its be1￿lfby.

RE-TWEED
NOTES TO THE FINANCLIL sTATEmE￿[s
FOR THE YEAR ENDED 31ST NIARCH 2025
AccouNfllYG POLICIES
BASIY of prepgring tbe financial statements
The fmancial statements of the charity, which is a public benefit entity under FRS 102, have been
prepar¢d in accordance with the Charitios SORP (FRS 102) 'Accounting and R¢y)rting by Charities:
Statement of Recommended Practice applicable to charitlC5 preparing their accounts in accordance
with the Financial Reporting StaDdard applicable in the UK and Republic of freland (FRS 102)
(efTecliv¢ l January 2019),, Financial Rewrting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Charities and Trustee Investment (Scotland) Act
2005. The financial statements have been prepared under the historical cost convention.
Going ¢onc¢rn
The directors have assessed a period of 12 months fron] thc date of approval of the financial
statements and consider thal no material uncertainties exist that cast significant doubt about the ability
of the company lo ￿ntinUe as a going Concern. Thus the directors adopt the going concern basis of
accounting in preparing the financial staternents.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to
thc fund4 it is probablc that thc income will be received and the amount can be measured reliably.
Perforniance related grant income is deferred unlil all conditions ar¢ met.
Expenditure
Liabilities are rccognis¢d as expenditure as soon as there is a legal or constructive obligation
cominitting thc charity lo that expenditure. it is probable that a transf¢r of economic benefits will be
required in settlement and ihe amount of the obligation can be measured reliably. Ex[￿nditUre is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where cost5 cannot be directly attributed to particular headings they have
been allocated to activities on a basis consistent with the use of resources.
Tangible fjxed assets
Dcpreciation is provided at th¢ following annual rales in order to write off each asset over its
estimated us¢ful life or. if held under a financc lease, over the lease terni. whichever is the shorter.
Freehold property
Plant and machinery
Office equipment
Website development
not provided
250/0 on wst and 200/0 on reducing balanc¢
25% on cost
25% on cost
The freehold propety is maintained at a level which the trustees believe will maintain its residual
value at the cost of the property. Accordingly, no depreciation is charged.
St4xks
Stocks arc valued at th¢ lowcr of cost and n¢t r¢alisable valuc, aft¢r making duc allowancc for
obsolete and slow moving items.
Taxation
The charity is exempt from tsx on its charitable activities.
Page 12
continued...

RE-TWEED
NOTES TO THE FINANCIAL STATEIIIENTS- continlled
FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNTING POLICIES - CODtinued
Fund accounting
UnTestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be us¢d for particular restricted purposes within the objects of th¢ charity.
Restrictions arise when sp¢cified by the donor or when funds are Taised for particular restricied
Purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financiaI
statements.
Hire pllrch￿e and leasing commitm¢nt8
Asscts obtained under hire purchasc ¢onlracts or finance leases ar¢ capitalised in the Balance Sheet.
Those held under hire purchas¢ Contracts are depreciated over their estimated useful lives. Those held
under finance lea8e8 are depreciated over their estimated useful lives or the lease tern), whichever is
shorter.
Rentals paid under opernting leases are chargcd to the Stst¢ment of Financial Activities on a straight
line basis over the period of the lease.
Pension costs and other post-retlrement benefits
The charity operates a defined contribution pension schern¢. Contributions payable to the charity's
pension s¢h¢m¢ are charged to the Statement of Financial Activities in the period to which they
relate.
DONATIONS AND LEGACIES
2025
2024
Donations
Grants
14.101
306,508
40,050
283,764
320,609
323,814
Pag¢ 13
continued...

RE.TWEED
NOTEI S TO THE FINANCIAL STATEMENTS - eontinued
FOR THE YEAR ENDED 31ST MAKCH 2025
DONATIONS AND LEGACIES - continlled
Grants re¢¢iv¢d, included in the abov4 ar¢ as follows".
2025
2024
South of Scotland Enterprise (Capital)
Dron¢ Hill Wind Fann Cornmunity Benefit Fund
Impact Funding Partners
Blackhill Windfarni Community Fund
National Lottery Community Fund
The Robertson 'frust
Scottish Government
School for Scottish Entery)rise
Scottish Borders Council
Women's Fund for Swtland
Clothworker Foundation
Foundation Scotland
Preston and Abbey Communty 'l"rust
Fallago Environment Fund
95,000
14,140
12,652
3,200
43,863
25,300
34,316
5,000
47,293
3,000
10,500
69,758
25,000
32,600
104.609
30,000
7,905
5.000
21,136
306.508
283,764
OTHER TRADING AcfivTFIES
2025
2024
Sales
Workshops
Commissions
International Tartans
10,632
12.389
300
39.325
13,676
2,386
607
23,450
62,646
40,119
Page 14
continu￿...

RE.TWEED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2025
CHARrrABLE ACTIVITIES COSTS
Dir¢¢t
Costs (see
note 5)
Support
costs (see
note 6)
Totals
Charitable activities
245,826
10.572
256,398
DIRECT COSTS OF CHARITABLE ACTIVITIES
2025
2024
Trustees, remuneration etc
Staff costs
Freelance team
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Volunteer expenses
R¢pair5 to propety
Computer expenses
Membership & conference fees
Stsff expenses
Cleaning
Bank charges
Credit card ¢hargcs
Office sundries
Equipment rental
Legal & professional fees
33,125
136,456
1,500
15,609
2,405
12,196
4,650
3,175
5.574
188
4,349
1,943
784
43,341
111,609
2,481
14,847
2,025
6,517
2,784
1.881
2,206
57
2,121
1,094
720
80
1,398
578
228
252
886
4,533
1,814
1,763
601
1,347
1,187
17,160
245,826
199.638
Page 15
continued...

R￿TWEED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2025
SUPPORT COSTS
Governance
costs
Management
Totals
Charitable activities
6,500
4,072
10,572
Support costs, included in the above, are as follows.,
2025
Charitable
activities
2024
Total
activities
Amortisation of intangible fixed assets
Depreciation of tangibl¢ and heritagc
600
249
5.900
4.072
5,146
2.766
Accountancy
10,572
8,161
TRUSTEES" REMUNERATION AND BENEFITS
2025
2024
Trngt¢es' salaries
Trustees, social security
Trustees, pensions paid
28,865
3,251
1.009
39,783
2,269
1.289
33.125
43,341
Tnistees, expenses
There were no trustees, expenses paid for the year ¢nd¢d 31 st March 2025 nor fi)r th¢ year ended
3 1st March 2024.
STAFF COSTS
2025
2024
Wages and salaries
SocFal se¢urity costs
Othcr pcnsion costs
159.668
6,104
2.800
145.801
5.771
2,089
168,572
153,661
The average monthly number of employees during th¢ y¢ar was as follows:
2025
2024
Employees
No employees received emolumcnts in ex¢ess of £60.000.
Page 16
ontinued...

RE.TWEED
NOTES TO THE FINANCIAL STATEMENTS- continved
FOR THE YEAR EIWED 31ST I¥L4RCH 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
fund
funds
Total
funds
JNCOME AND EIYDOWMENTS FROM
Donations and legacies
40.350
283.464
323.814
Other trading activities
Other income
16.669
41
23,450
40.119
41
Total
57,060
306,914
363,974
EXPENDrruRE ON
Raising funds
18,612
17,778
36,390
Charitydblc aetlvities
Charilable activities
42,901
164,898
207,799
Total
61,513
182.676
244,189
IYET ll¥COMEI(EXPEIWITURE)
Transfers between funds
(4,453)
2,442
124.238
(2,442)
119,785
Net movemeDt in fuDd8
(2,011)
121,796
119.785
RFCONCILIATION OF FUNDS
Totsl funds brought forward
56,406
38,337
94,743
TOTAL FUNDS CARRtED
FORWARD
54.395
160.133
214,528
Page 17
continued...

R￿TWEED
NOTES TO THE FINANCIAL STATEMEIYTS- continued
FOR THE YEAR EIVDED 31ST MARCH 2025
10. INTANGIBLE FJXED ASSETS
Computer
software
COST
At Isl April 2024 and 31 st Ma￿h 2025
3,000
AMORTISATION
At 1st April 2024
ch￿ge for year
249
600
At 31 st March 2025
849
NET BOOK VALUE
At 31 st March 2025
2,151
At 315t March 2024
2,751
11. TANCIBLE FIXED ASSETS
Freehold
property
Planl and
rnachinery
Office
Website
equipment development
Tolals
COST
At I st April 2024
Additions
110,800
44.695
11,072
758
7,383
4,094
13,529
142,784
49,547
At 3 1st March 2025
155,495
11,830
11.477
13,529
192,331
DEPRECIATION
At 1st April 2024
Charge for year
5,604
1,106
4,876
1,691
5.528
3,102
16,008
5,899
At 3 1st MaTch 2025
6,710
6,567
8,630
21,907
NET BOOK VALUE
At 31 st March 2025
155.495
5,120
4,910
4,899
170,424
At 3 1st March 2024
110,800
5,468
2,507
8,001
126,776
Pag¢ 18
conlinued...

RE.TWEED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST NL4RCH 2025
11. TANGIBLE FIXED ASSETS- continued
Fixcd assets. included in the abovc. which are held under hire purchase contracts or finance leases are
as follows:
Office
equipment
COST
At I st April 2024
Transfer to ownership
1,898
(1,898)
At 3 1st March 2025
DEPRECIATION
At 1st April 2024
Tvdn5f¢r to own¢rship
1,898
(1,898)
At 31 st March 2025
NET BOOK VALUE
At 31 st March 2025
At 31 st March 2024
12. STOCKS
2025
2024
Stocks
28,571
24,776
13. DEBTORS: AMOUNTS FALLll¥G DUE WITHtN ONE YEAR
li
2025
2024
Trade debtors
Other debtors
Prepayments and accnjed income
86
116
18,454
40
3,261
3,345
18,656
Page 19
ontinued...

RE.TWEED
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31ST MARCH 2025
14. CREDITORS: AMOUNIS FALLING DUE WITHIN ONE YEAR
2025
2024
Bank loans and ovcrdrafts (see notc 15)
Trade creditors
Taxation and social security
Other creditors
6,878
1,359
334
2,808
1,713
2,793
3,836
8.342
11,379
IS. LOANS
An analysis of the maturity of loans is given below."
2025
2024
Amounts falling due within on¢ year on demand:
Bank overdrafts
6,878
16. MOVEMENT IN FlJhlDS
Net
movement
in funds
At
31.3.25
At l.4.24
Unrestri¢led funds
General fund
54,395
2,960
57,355
Restricted funds
Big Lottery - Improving Lives
South of Scotland Enterprise
International Tartans
Clothworkers
SBC- CLLD
5,797
95,000
59,336
31.079
36,876
95,000
49,421
30,000
16.180
{9,915)
30,000
16,180
160.133
67,344
227,477
TOTAL FUNDS
214.528
70,304
284,832
Pag¢ 20
continued...

RE-TWEED
NOTES TO THE FINANCIAL STATEMENTS- eontinued
FOR THE YEAR ENDED 31ST MARCH 2025
16. MOVEMEIYT IN FUNDS - eontinued
Net movement in funds, included in th¢ above are as follows:
Incoming
resources
Resouffes
¢xpciid¢d
Movemenl
in funds
Unrestrieted funds
General fund
67,420
(64.460)
2,960
Rutricted funds
Voluntary Action Fund
Investing in Communities
Big IJ)ttery - Improving Lives
International Tartans
Community Courses
SBC - No One Left Behind
Clothworkers
SBC- CLLD
10,500
32,600
69,758
125,409
4.905
26,483
30,000
16,180
(10,500)
(32,600)
(38,679)
(135,324)
(4.905}
(26.483)
31,079
(9,915)
30,000
16,180
315.835
(248,491)
67,344
TOTAL FUNDS
383,255
(312,951)
70,304
Comparatives for movement in fund$
Nel
movement
in funds
'rransfers
between
funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
56,406
(4,453)
2,442
54,395
Restricted funds
Big Lottery - Improving Lives
Scottish Border8 Social Entery)ris¢
Chamber - Seedcorn Fund
South of Scotland Ente￿rISe
Baillie Gifford
tnternatloiial Tartans
Cornmunity Course5
5,375
2,305
312
422
(791)
(250)
95,000
(83)
29,233
707
5.797
(1,514)
(62)
95.0(M)
242
30.103
(159)
59,336
(707)
38,337
124238
(2,442)
160,133
TOTAL FUNDS
94,743
119.785
214.528
Page2l
continued...

RLTWEED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST ￿lARCH 2025
16. MOVEMENT IN FUNDS- cont5nved
Comparative net rnovement in funds, included in th¢ above ar¢ as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricled funds
Gen¢ral fund
57,060
(61,513)
(4.453)
Restricted fuDd3
Voluntary Action Fund
Investing in Communities
Big Lottery - Improving Lives
Scottish Borders Social Enterprise
Chambcr - Seedcorn Fund
Soutb of Scotland Enterprise
Baillie Gifford
International Tartans
Community Courses
12,653
34,317
33,863
(12,653)
(34,317)
(33,441)
(791)
(250)
422
{791)
(250)
95,000
(83)
29,233
707
95,000
25,000
97.940
8,141
(25,083)
(68,707)
(7,434)
306,914
{182.676)
124.238
TOTAL FUNDS
363,974
(244,189)
119,785
International Tartans
The funding secured for International Tartans in this flnancial year came through frorn Foundation
Scotland (Women's Fund). UK Shared prosperity fvn(L Fallago Windfarni and SBC (No One Left
Behind). These ￿ndS were utilised in line with the individual fvnding agreements.
In addition International Tartans generates its own income through the sale of tartans and associated
producls.
17. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 st March 2025.
Page 22