2025-12-31-accounts

Rothes Way Association

Scottish Charity Number — $CO050593

Annual Reports and Financial Statements

For the year ended 31* December 2025

Rothes Way Association SCO50593

Receipts and Payments Account for the year ended 31* December 2025

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||||||| |---|---|---|---|---|---| |2025|2024| |£|£| |Receipts| |Fundraising|-|Coffee|mornings|4,088.85|3,218.50| |Charitable|Foundations|18,635.00|31,420.00| |Cash|back|from|Bank|2.96|0.85| |22,726.81|34,639.35| |Payments| |Website|424.58|12.46| |Insurance|376.37|354.76| |Miscellaneous|127.66|239.30| |Maintenance|158.70|187.68| |Path|Construction|0.00|0.00| |Legal|Fees|531.00|1,530.00| |1,618.31|2,324.20| |Surplus/(Deficit)|for year|21,108.50|32,315.15|

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Rothes Way Association SCO50593

Statement of Balances as at 31° December 2025
	2025	2024
	£	£
Bank and Cash in Hand
Opening balances	49,599.93	17,284.78
Surplus/(Deficit) foryear	21,108.50	32,315.15
Closing Balances	70,708.43	49,599.93
Reserves
General Funds	70,708.43	49,599.93
	70,708.43	49,599.93

Approved by the Trustees and signed on their behalf

independent Examiners Report to the Trustees of Rothes Way Association

| report on the accounts of the charity for the year ended 31* December 2025 which are set out on page 2.

Respective responsibilities of Trustees and Examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland} Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirements of regulation 10(1)} (d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44 {1) (c} of the act and to state whether particular matters have come to my attention.

Basis of Independent Examiner’s Statements

My examination is carried out in accordance with regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently | do not express an audit opinion on the view given by the accounts.

Independent Examiner’s Statement

In the course of my examination, no matter has come to my attention

1. which gives me reasonable cause to believe that in any materia! respect the requirements:

2. to keep accounting records in accardance with section 44(1}(a) of the 2005 act and Regulation 4 of the 2006 Accounts Regulations and

3. to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met

4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Job Title: ACCOUNTANT

Address:

Date:

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Trustees Annual Report

For the year ended 31% December 2025

The trustees have pleasure in presenting their report, together with the financial statements for the year ended 31* December 2025.

Reference and Administrative Information

Charity Name:

Rothes Way Association

Charity Number:

SCO50593

Address: ee

Structure, Governance and Management

Constitution

The Charity is a Scottish Charitable Incorporated Organisation. It was registered in it’s current legal form on 23 November 2020.

Chair's Annual Report 2025

tam pleased to be abie to report that, over the past year, the trustees have made good progress towards completing the final section of the Rothes Way — a multi-use path linking the Speyside communities of Rothes and Craigeliachie.

Route Development

Our main focus has been the planning and construction of the new path across sloping ground, owned by Rothes Estates, adjacent to the Archiestown road, which will link with an existing old road leading to a layby on the main road and crossing the River Spey by the Telford Bridge at Craigellachie.

Two crossing points will be instatled: one across the A941 from the end of the completed 2™ section at the boundary of the Dandaleith Estate to the existing layby, and the second, crossing the B9102, from the southern end of the layby to the start of the new path.

We are grateful to Moray Council Transport Department for offering to design and install the two road crossing points at no cost to the RWA. The trustees have been supported by the land agent representing Rothes Estates and have received a formal agreement for the construction of the new section of the path.

After putting the contract for the design and construction out to open tender, a local contractor with experience of similar projects, has been appointed to undertake this work.

Fundraising

It is a significant challenge for the trustees to meet the costs for ongoing maintenance of the path, Public Liability Insurance and to raise the necessary capital for the construction work. As the Annual Accounts show, the fundraising team have once again worked hard throughout the year to raise funds through successful applications to local and national funders and organising well-supported local events. We are very grateful to local businesses, funding bodies and local residents for their continuing support for our project. Thanks to them we are in the fortunate to have sufficient funds to pay for the planning consent and construction of the final section.

Path Maintenance

A condition of our agreements with landowners is that we will keep the path in good condition through regular maintenance. The trustees are very grateful to the small team of volunteers, who have carried out regular inspections of the path, identified priorities and undertaken a weekly maintenance programme to keep the path in good order.

We are aware that path maintenance will be an increasing task once the full path is complete and used by greater numbers.

Looking ahead

The trustees are working closely with Moray Council to finalise the design details of the new path in order to meet the conditions for formal planning approval. When this has been achieved, we are confident that construction work will begin in Summer 2026 and we look forward to the completion the Rothes Way by the end of the year.

Signed:

INTERNAL

ROTHES WAY ASSOCIATION BANK RECONCILIATION 1ST JANUARY 2025 — 31ST DECEMBER 2025

Bai B/F	£49 599.93
Income	£22,726.81
	£72,326.74
Expenditure	£1,618.34
Bank Statement	£70,708.43
Outstanding Cheques	0.00	0.00
Outstanding Lodgements
	£0.00

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|Rothes Way/Associationincome
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22,726.81]
4,088.85]
0.00]
18,635.00]
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Date | ——sCescription ==
| Tootal__|Fundraising | Lottery [Foundations etc.| Cashback|
| 16-Jan-25[Edrington staffwreath making
|
795.00) 705.00)
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po
6885.00
15Mar25|Takings from prizebingo
1,008.00)
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| 3Mar2siinterest887
|17Mar25[Donation
|
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|__9 Apr 25|Edrington &The Robertson Trusttriple funding (bingo) | 3,024.00)
|
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| 25Apr2siinterestaT7
10 May 25[Coffee momingtakings
|670670.)
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11May 25|Latedonation0
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__19Jun 25[Edrington & TheRobertsonTrusttriplefunding S| 3,726.00) || 8726.00)
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CLUB CHARITY RO ASSC

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ROTHES WAY ASSOCIATION

Date	Description	Type	Debits	Credits	Balance
01 Dec 25	Opening Balance				£70294.41
16 Dec 25	000046	Cheque	£110.00		£70184.41
22 Dec25	Card 71,Wix.Com 1215043043	= Card	£403.20		£69781.21
29 Dec 25	ATM Deposit	ATM		£930.00	£70711.21
30 Dec25	Card71,Wix.Com 1216093957	= Card	£2.78		£70708.43
	Total debits		£515.98
	Total credits			£930.00
	ClosingBalance				£70708.43

important information about compensation arrangements

We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations. Your deposit is covered by the scheme.

Details on the protection of eligible deposits can be found in the information sheet and deposits excluded from the scheme can be found in the exclusion list which can be obtained from your local branch.

For further information about the compensation provided by the FSCS, refer to the FSCS website at www.FSCS.org.uk.

Interest rate information

Arranged Overdraft interest rates apply to the amount of any borrowing, up to your Arranged Overdraft limit. Unarranged Overdraft interest rates apply to any borrowing which is the result of our agreeing to a request from you for a temporary Unarranged Overdraft or temporary increase to an existing Arranged Overdraft to cover a payment despite lack of funds. Interest rates applicable during the statement period are available on request, please call the team at Virgin Money on 0800 121 7365 or [phone].

Dispute resolution

If you have a complaint, please talk to us first so that we can try to resolve it. If you are not happy with the way we handled your complaint or the result, you can then refer the matter to the Financial Ombudsman Service. The Financial Ombudsman Service is an independent organisation that helps resolve complaints that customers and financial institutions haven't been able to solve themselves.