LOCH ARTHUR RUTH
TRUSTEES• REPORT AND FINANCIAL STATEMENTS
31- MARCH 2025
scorrisH CHARITY NUMBER:. SC048871
CARSON & TROTTER
CHARTERED ACCOUNTANTS
123 IRISH STREET
DUMFRIES
DG12PE

RTH
TH
CONTENTS OF THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 3187 MARCH 2025
Page
Report of the Trustees
Independent Examiner's Report
Statement ol Flnanclal Activitles
Balance Sheet
Note8 to Ihe Flnanclal Statements
7-11

LOCH ARTH
RRUT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 202
The trustees of Loch Arthur Ruth {Trspectlvely 'the trustees" and "Ihe charity.) present their report
with the financial statements of the charity for the year to 31 March 2025. The trustees have adopted
the provislons of Accountlng and Reporting by Charities. Statement of Recommended Practice
appllcable to ch8ri1ies preparlng their accounts in accord8nce wilh the Financial Reporting Standard
appllcable in the UK and Republic of Ireland (FRS 102) {effectiv8 1 January 2015).
OBJECTIVES AND ACTIVITIES
ObJectlve8 and alm8
The purpose of the Charity is lo promole, advance and further Its charitable purp08e8 by making
provision for the support (financial or othepwise) of Co-workers or ex-co-workers at Loch Arthur
Camphill Community Limited who are at or past the polnt of retirement from Iheir working life (which
will ordinarily be at Ihe point of reaching the national retirement age),, and in limited circumstances,
to be determined from lime to time and case by case as appropriate by Ihe trustees, spouses, clvil
partners, cohabitants and olher dependents of a Co-worker, in 811 cases where such persons have
become Ihrough old age. slckness, Infinnity, poverty or other disadvantage In need of financial
support, care, nursing, accommodation andlor anthroposophical. medical or other treatment wlth all
support provided being closely connected to issues of age and based on need without any Individual
being ents'tled to support from the charity.
ACHIEVEMENT AND PERFORMANCE
Charltable actlvltles
During Ihe year grants of £81,047 were approved. It Is expected Ihat Ihe level of grants will Increase
8nnually as the number of polenlially qualifying beneficiaries increases.
FINANCIAL REVIEW
Flnanclal po8ltlon
The year lo 31 March 2025 has seen a surplus of £82.627, (2024: Surplus £223,799). Total funds
held al the yearend are £2,388,289, all of which are unrestricted.
Invo8tment pollcy and objectlves
The trustees plan to make donations from the funds whlch they now hold together with income
generated from Ihe Investment porffolio and any further conlributions received. Sarasin & Partners
LLP manage the portfollo on 8 balanced medlum risk and the trustees are happy with the
performance so far.
R•88rve8 poIIcy
The trustees are happy that the reserves are of a level that wlll continue to generate enough income
for the charity to continue making grants from the income generated for the foreseeable future as
supplemenled by continuing contributlons.
Golng concorn
The financial statements have been prepared on 8 going concern basis as the Irustees believe that
no materlal uncert81ntles exlst. The trustees have considered the level of funds held and expeGled
level of income and expenditure for 12 months from 8Uthorislng these financial statements. The
budgeted income and expendilure is 8ufficienl wlth Ihe level of reserves for the charity lo be able to
continue 88 a going concern.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Govornlng document
The charity Is controlled by Its govemlng document and constltutlon as a Scottlsh Charitable
Incorporated Organlsation (SCIO).

LOCH ARTH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 3187 MARCH 202
Recrultmfrnt and appolntment of n•w tru8t•O8
Trustees are appointed by the members of the SCIO In line wllh the goveming constitution. The
minimum number of trustees is five {whlch shall include a Chalr of the SCIO, If 8pplicable) and the
maximum 58 seven.
Organlsatlonal 8tructuro
The Trustees act under the temis of the constitution which provlde8 Ih8t Ihe SCIO wlll operate 8S
"two lier. entity where there is 8 Separation of the Idenlity of the truslees, who will hold regular
meetings, communicale wlth each other regularly and generally ar8 charged with the general control
of the SCIO'S admlnistratlon, and the members, who have various rights including to attend meeting8
and appoint the tru8tee8. The trustees are Ihem8elve8 members by rlght of offlce.
Rl8k management
The trustees have a duty to identify and review the rlsks to whlch the charlly Is exposed arKI to
ensure appropriate controls are In place lo provide reasonable assurance againsl fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstored Charlty number
SC048871
Prlnclpal address
Loch Arthur Camphill Community
Beeswing
Dumfries
DG2 8JQ
Trustees
Independent Eximiner
Carson & Troller
Chartered Accountants
123 Irish Streel
Dumfries
DG12PE
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The trustees are responslble for weparlng the Report of Ihe Truslees and the financial stalements
In accordance with 8ppIic8ble 18w and United Klngdom Accounllng Standard8 (United Klngdom
Generally Accepted Accounting Pfactlco).

LOCH ARTHUR RUTH
REPORT OF THE TRUSTEE
FOR THE YEAR ENDED 318T MARCH 202
The law appllcable to charltles In Scotland, Ihe Charltles and Trustee Investment (Scotland) Act
2005, Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the
charity's consiitutlon, requlre the trustees lo prepare financlal statements for each financi81 year
whlch glve a true and fair view of the state of affairs of Ihe charity and of the incoming resources and
application of resources, including lh8 income and expenditure, of the charity for thal period. In
preparing those financi816tatements, the trustees are required lo
select 8Uitable accounting policies and then apply them con8i8lently;
observe the method8 and principle8 in the Charity SORP;
make judgements and estimates that are reasonable and prudent;
8t81e whether 8ppIIc8bl8 8ccounting standards have been followed, subject lo any
material departures disclosed and explained in the financial statemenls;
prepare the financial statements on the going concern basis unless it is inapproprlate to
presume that the charity wlll contlnue in business.
The trustees are responsible for keeplng proper accounting records which disclose with reasonable
accuracy at any time the financial position of Ihe charily and whlch enable them to ensure that the
Ilnancial statements comply with the Charities and Trustee Investment (Scotland) Act 2005. the
Charities Accounts (Scolland) Regulations 2006 (as amended) and Ihe provisions of the charity's
constitution. They are also responsible for safeguardlng Ihe assets of the charily and hence for taking
reasonable steps for Ihe preventlon and deteclion of fraud 8nd other Irregularitle8.
Approved by order of Ihe b08rd of trustees on 14th November and signed on its behalf by:

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
LOCH ARTHUR RUTH
I report on the accounts for th6 year ended 31 March 2025 sel out on pages four to ten,
The charity's tru8tee8 afe re8ponslble for the preparation of the accounts in accordance with the
terms ol the Charilies and Truslee Investment (Scotland) Act 2005 and the Charities Accounts
(Scotland) Regulations 2006. The charlty8 trusteos consider that the audit requiremenl of Regulatlon
10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the
accounts as required under Section 4411 Xc) of the Act and to slale whether particular matters have
come to my attentlon.
Ba81• of th• Ind•p•ndent •xamln•rf8 r•port
My examination was Ggrrled oul in accordance with Regulallon 11 of the Charities Accounts
(Scotland) Regu18tions 2006. An examin8tion includes a review of the accounting records kept by
Ihe ch8rity and a comparison of the accounts presented wilh those records. It also includes
consideration of any unusual items or disclosures in the accounts. and seeking exp18nation8 from
you as trustees concernlng any Such malters. The procedures undertaken do not provide all the
evidence Ihat would be required in an audlt. and consequentty I do nol express an audit opinion on
the vlew glven by Ihe accounts.
Independent examlnerfs statement
In connection wlth my examinats'on, no matter has come to my attenllon:
(1) whlGh glves me reasonable cause to belleve Ihat, In any material respect, the requlrements
to keep accounting records in accordance with Sectlon 4q1Xa) ol the 2005 Act and
Regulation 4 of the 2006 Account8 Regulations.. and
to prepare accounts whlch accord with Ihe accounting records and to comply wlth
Regulation 8 of the 2006 Accounts R8gulatlon8
have not been met; or
(2) to which In my oplnion, altentlon should be drawn In order to enable a proper understandlng
of the accounls to be re8ched.
Carson & Tfollef
Chartered Accountants
123 Irish Slreet
Dumfries
DG12PE
Date: 14th November 2025

OCH ARTHUR RUTH
STATEMENT OF FINANCIAL ACTIVITIE
FOR THE YEAR ENDED 31ST MARCH 2025
2025
Unrestricted
Fund
2024
Total
funds
Noles
INCOME AND ENDOWMENTS FROM
Donatlons and legacles
Investment income
80,000
63,418
80,000
61,155
Total
143,416
141,155
EXPENDITURE ON
Raising funds
492
345
Charltable actlvltle8
General
82.427
74,849
Total
60,497
65,961
Net gainsl(losses) on investments
22,130
157,838
NET INCOME
82,627
223,799
RECONCILIATION OF FUNDS
Total funds brought forward
2,305,662
2.081,863
TOTAL FUNDS CARRIED FORWARD
2,388,289
2.305,662

H ARTHU
LANCE SHEE
318T MARCH 2025
2025
Unrestrlcted
Fund
2024
Total
lunds
Notes
FIXED ASSETS
Inveslments
2.273.953
2,188,406
CURRENT ASSETS
Cash at bank
Sundry Debtor8
91,032
24,500
178,543
CREDITORS
Amounts falllng due wlthln one year
10
(1,196)
(61,287)
NET CURRENT ASSETS
2.388.289
2,305,662
TOTAL ASSETS LESS CURRENT LIABILITIES
2,388,289
2,305.662
NET ASSETS
2.388.289
2,305.662
FUNDS
Unrestrlcted funds
11
2,388.289
2.305,862
TOTAL FUNDS
2,388,289
2,305.662
The financial statements were approved by the Board of Trustees and authorised for issue on
14th November 2025 and were slgned on Its behalf by:

LOCH ARTHUR RUTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 3
8T MARCH 20
1. ACCOUNTING POLICIES
Ba818 of preparlng the financlal 8tatementB
The financlal stalements of the charlty, which is a public benefil entity under FRS 102. have been
prepared in accordance with the Charitles SORP (FRS 102) 'Accounting and Reporting by
Chariiies: Statement of Recommended Practice 8ppllcable to charities preparing their accounts
in accordance with the Financi81 Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) (effecllve 1 January 2015),, Financlal Reporting Standard 102 The Financial
Reporting Slandard applicable in the UK and Republic of Ireland. and the Charlties and Truslee
Investment (Scotland) Act 2005. The financial statements have been prepared under the
historical cost convention with the 8xceptlon of investments which are included at falr value. as
modified by the revalualion of certain assets. The Charity constitules a Public Benefit Entity as
defined by FRS 102.
Income
All income Is recognised in the Statement of Financi81 Activities once the charity has entitlement
to the funds, it Is probable that the income will be received. and the amount can be measured
reliably.
Exp8ndltur•
Liabilities are recognised as expendilure as soon as there Is a legal or conslructlve obllgation
committlng the charity lo that expenditure. It Is probable that 8 transfer of economlc benefits will
be required in settlement and the amount of the obligation can be measured reliably. Expenditure
Is accounted for on an accruals basis and has been classified under headings Ihat aggregate all
cost related to the category. Where costs cannot b8 dlrectly attributed to particular headings they
have been allocated lo activitles on a basis conslst6nt with the use of resources.
Grants offered subject to conditlons whlch have nol been met at the year end dale are noted as
a commitment but not accrued as expenditure.
Ralslng funds
The GOSt8 of generaling funds consisl of investment management and insurance costs.
Charltable actlvltlos
The expenditure on chadtable actlvltles Includes an apportlonm6nt of support costs as shown in
note 7.
Allocatlon and apportionment of co8t8
Support costs have been differentlated between governance costs and other support costs.
Govemance costs comprise all costs Involving the public accountability of the charity and its
compliance with regulation and good practice. These costs Include costs related lo the
Independent Examination of the financial statements.
Dobtor8 and cr•dltor8 rocolvablo I payablo wlthln ono year
Debtors and credltors with no stated Interest rate and recelvable or pay8ble wlthin one year are
recorded at transaction price. Any losses arising from Impalrment are recognised In expenditure.
Taxatlon
The Trust Is an exempt charity wllhin the meanlng of schedule 3 of the Charities Act 2011 and is
consldered lo pass the tesls set out In Paragraph 1 Schedule 6 Finance Act 2010 and therefore
it meels the definition of a charitable company for UK corporation tax purposes.

LOCH ARTHUR RUTH
NOTES T
HE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
1. ACCOUNTING POLICIES . contlnuod
Fund accountlng
Unrestricted funds can be used in accordance with the charitable objectives at the discrelion of
the trustees.
Restrlcted funds can only be used for particular restricted purpose8 wlthln the objects of the
charity. Restrictions arise when specified by Ihe donor or when funds are raised for particular
restrlcted purposes.
All assels of the charity are considered as unre8lricted. The use of these funds remalns at the
Irustees discretion lo be used in accordance with Ihe charitable objectives of the Trust.
Inve8tmonl8
Inveslrnents are recognlsed Initlally at falr value which is normally the tr8ns8Ctlon price excluding
Iransaction costs. Subsequently, they are measured at fair value wlth changes recognised In
'net gains l (losses) on inveslmenls, in the SOFA if the shares are publlcly traded or their falr
value can otherwise be measured reliably. Other investrnenls afe measured al cost less
Impairment.
Golng Concern
The financial slatemenls have been prepared on a going concern basis as the twstees believe
Ihat no material uncertainties exist. The trustees have considered the level of lunds held and
the expected level of income and expenditure for 12 months from 8Uthorising Ihese financial
Stalements. The budgeted income and expenditure is sufficienl with the level of reserves for the
charity to be able to continue as a going concem.
2. DONATIONS AND LEGACIES
2025
2024
Donallons
80,000
80.000
3. INVESTMENT INCOME
2025
2024
Inveslment income
Bank account interest
63.416
61,155
63,416
61,155

CH ARTHUR RUTH
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED
ST
MARCH 2025
4. RAISING FUNDS
Ralslng donatlons and legacles
2025
2024
Insur8nce
Legal fees
492
345
492
345
Investmont management CO8t8
2025
2024
Portfollo management
5. CHARITABLE ACTIVITES COSTS
Grant
funding of
activities Support
(see note (see note
6)
7)
Totals
General
81,047
1.380
82,427
6. GRANTS PAYABLE
2025
2024
General
81,047
73,272
The total grants paid to institulions during the year is £67,584 (2024 - £60,091 }.
7. SUPPORT COSTS
2025
2024
General
1,380
1,577
Support costs, Included In the above are as follows:.
Management
Office and admln cosls
Reglstratlon fees
205
35
342
35
240
377
Governance
Accountancy
1,140
1.200

LOCH ARTHUR RUTH
NOTES TO THE FINANCIAL STATEMENTS- contlnued
R THE YEA
ST
ENDED 31 MARCH 202
8. TRUSTEES, REMUNERSATION AND BENEFITS
There were no Irustees, remuneratlon or other benefits for the year ended 31•1 March 2025 nor
for the year ended 3111 March 2024,
Trustees, expense8
There were no trustees, expenses pald for the year ended 31" March 2025 nor for the year ended
31$1 March 2024.
9. FIXED ASSET INVESTMENTS
Listed
Unlisted
Investments inve8tmenls Totals
MARKET VALUE
At 111 Apdl 2024
Addltlons
Movement In cash
Revaluations
2,188,406
81,945
(18.528>
22,130
2.188,406
81.945
(18,528)
22,130
At 311t March 2025
2,273,953
2,273,953
All Investments are carried at their fair value, Investments In equltles and interest yieldlng
securiti6S are all traded in quoted public markels, primarily the London Stock Exchange. Holdings
in common inveslment funds, unit trusts and open ended investment companies are at the bid
price. The basls of falr value for quoled Investments Is equivalent to market price, using the bid
price. Asset sale8 and purchases are recognlsed at the date of trade at cost (that is thelr
transactlon value).
All Inveslrnents 8fe held through Sarasln & Partners who Ilalse wlth the offlce bearers regularly to
review Ihe investments,
Investment8 (nelther listed or unllsted) were as follows:
2025
2024
Cash on deposll
222
18,750
The historical cost of the Ilsted Snvestments at 31$1 March 2025 wa8 £2,027,616 (2024- £1,945,671).
10.

CH
TH
NOTES TO THE FINANCIAL STATEMENTS- contlnu6d
FOR THE YEAR ENDED
1ST MARCH 2
24
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Grant creditor
Other credltor8
60.091
1.196
1,196
1,196
61.287
11. MOVEMENT IN FUNDS
Net
At
rnovement At
01104124 In funds 31103125
Unro8tilcted fund8
General fvnd
2,305.662 82,627
2.388,289
TOTAL FUNDS
2,305,662 82,627
2,388,289
Net movements in funds, included In the above are as follows:
Incoming Resources Gains and Movement
resource8 expended losses
in funds
Unf08trlcted fund8
General fund
143.416 82,919
22,130
82,627
TOTAL FUNDS
143,416 82,919
22,130
82.627
x=x=
Comparatives for movement in funds
Net
At
Movement At
01104123 in funds
31103124
Unro8trlct8d funds
General fund
2,081,863 223,799 2,305,662
TOTAL FUNDS
2,081.863 223,799 2,305,662
Comparative net movement In funds, Included In the above are as follows:
Incoming Resources Gain8 and Movemenl
resources expended losses
In funds
Unre8trlcted fund8
General fund
141,155 75,194
157,838 223,799
TOTAL FUNDS
141.155 75,194
157,838 223,799
11.