Comp•ny r•tsr4Mon ThJmber5C7107B615ts)Tl•ndl awrtty r*tsr•don numb•rSC051595 IStsxl•ndl CROSSDYKES COMMUNITY BENEFITS LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 CROSSDYKES COMMUNITY BENEFITS LIMITED LEGAL AND ADMINISTRAnvE INFORMATION P L Hands Df CJ Milés E Duncan M Hod8x•n A Lalrd I Warde Ernma Berger floger aaymore (Appointed IS December 20241 (Appointed IS DÈtÈmber 20241 (Appointed 4 December 20251 (Appointed 30 May 20251 (Appointed 27 May 20261 IAppoiTrtÈd 29 May 20261 (Appointed 27 May 20261 C4>Untry of lrKorpora￿on United Kingdom (Scotlandl SC710786 Chrlty rètsrmlo 5cetland SC051595 R•Wst•Trd offl Studio I Kirk8unzeon Dumfries DG2 8LA Ihd•p•nd•nt •x•mln•r Jennlfer Mcoalmiant, FCA 26 Hqh Street Annan Dumlries & Gallowav DG12 6At CROSSDYKES COMMUNITY BENEFITS LIMITED CONTENTS Trusth¢s report Independent examiner's report ststerneTrt of financiol Kttvitte5 ealance sheet t4ote5 to th¢ fina#¢ial swe￿ntS 7-14 CROSSDYKES COMMUNITY BENEFITS LIMITED TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORTI FOR THE YEAR ENDED 30 SEPTEMBER 2025 The Trustees presenttheir annual report and financial statements for the yeaf ended 30 SÈptember2025. The finaneial ttaternents have been prepared in accordance with the accounting ptsliEie5 set out in note I to the financial statements and compty with the charity's 8c*verning document. the Charitles and Trustee It)vtttment (Scotlandl Act 2Ch)5. the Charities A￿￿ntS 1Sctstlandl Ae8ulations 2C%)6 las 3mendedl and "ACcoUn￿n8 and ReportSn8 by Ch4rities= Ststement of Recommended Practice applicable to Char￿eS prepar*ng their 3ccount5 in accordance with the Financwl Repordn8 Standard applicable In the UK and Republic of Ireland IFRS 1021. (effect￿ l January 20191. Obh¢ttw$ •Ad *cY¥ltt•s The charity airns to support the development aTrd re8eneration ol principally the community of DumfrfesshlTe Eist, whKh comprlses Eskdolernuir, Lan8holm. Lorknrbie. North Mill Middleble and WaterbècL defined by the comrnunity council boundaries. t does so through the receipt, administratlon, and distributlon of community benefft fund5, arising from Cmssdykes Wlnd Farm, in accordance wfth the Crossdykes Wind Fami Ctsmmvnity Benefit AgrÈernent. The charity has a rnn8e of charitable objects, which underplrt its approach to Its dI￿ribUtIOn of funds via 8rant-mO￿n£ processes. AnYBroup in the area of benefft that meets the crfteria is eligible to apply. Athle¥em•nts and p•rforni•n¢• Sionifi'cont octivities ondg¢hievement$ 0gOlnStobJectTves Thi5 IS the charltY'5 fDUrth annual repon and aceovnts. The charrfs prlmary lfttorne ts provlded by Ottopus EnerRV Generauon. During the year, £390,580 was received. for onward distribution to local 8roup5. The ccei &)ard thanks Qctopus EnerBy Generatltrn for its 5UPPOrt and tommitrnent to the communlty. Durini this, the chafiV5 third year of grant-rnaking, a Cornmunlty Cotsncll Srnall GrantsSchemÈ was svpported agaln, wherebv CCBL makes award5 of up to £5,OCD to each of the five Communlty Councils, from whlch they can develop their own projects or make onward grants to 8roup5 wr¢hin thelr communite5. During the year, £9,657 wa5 (fistrtbuted to the Communlty Counci15 through thls scheme. Also conttnuing to receive supportwasthe Education and Training Bursary Scheme, whereby awards of up to £2,C¥XI are made to each of the live Community Councils, from which they can make bursarie5 to local people to enablÈ thern to access trainiN8 and educational opportunlttes that better equip them with the range of skills they Treed to enter or retain ernploymeDt. Thls year £5,482 was distributed to the Community Cotsncils thTough this scheme. CCBL madè pwrnents of £35.553 and Ell,941 to LockeTble Old School and Lockerble Golf Course respethely ifi accordance wlth the Community 8enefit Agroément. Between October 2024 and SÈpternber 2025, CCBL awarded a further £4B8,715 through h¥0 open grant rn*ing rounds. £354,655 was awarded to 13 to local groups In Rtrund 5 (Ortober 20241 and E134.OW was awarded to 6 local 8roups in Round 6 (April 20251. All nineteen ￿OrdS were bets4een £2,466 •nd £￿.L￿A) and tnclvded some multi-b*ar award5. Found•tion Scotland, a natlorTral Brant makin8 charity. continued to support the wl¥ntary Board of Direttor5 and provlde administratlon Jnd gTrnt maklnq services until March 2025. Frorn April 2025, this arrangernent was translttoned to The Southern Uplands Partnership. a local rurol development tharity with experience in admsnisteriTr8 Qthw Cornmunlty Benefft funds In the East Dumfriesshlre area. No 5t4ff are emplO￿d by CCBL. A totsl ¢f £22,397 went towards CCBL support costs which induded £20,%)8 to Founda￿On Sttstl•nd and The Southern Uplands Partnershipi and the remalnlng El089 for running costs of the Company indudln8 accountsnt'5 fees. Insurances, an ornrnunicatlon costs. CROSSDYKES COMMUNITY BENEFITS LIMITED TRUSTEES REPORT IINCLUDING DIREcfoRS' REPORT) ICONTINUED) FOR 7HE YEAR ENDED 30 SEPTEMBER 2025 Rtserve5 wlicy It is the policy of the charity that unrestr5rted funds which have not been desi8nattd for a 5peafic use shoLskJ be maintsined at a level equivalent to between thretr and si¥-month's expenditure. The Trustees consider that reserves at this le¥el will ensure that, In the event of o 518nlftcant Orop In fundln81 they wlll be able to conrnue the Charlry's currenT actsvimes whlle consideration 15 given to ways in which additional funds may be raised. Special CopitolReseThe A surn of the order £1.2M, the proteeds of the eaTIy Sa￿ of the community share of the wiridfarm, 15 beiTr8 held 5ep•rntety pendin8 a po15cy deelsion by CCBL Board. In thè mean￿rne, It is held iri interÈ5t bearing o¢counts, wth the tsr8et to pres•r%t Its Value in real ternis, and professlonal adv¢ce on Investment options is bein8 sought. Strurtufe. £overnan¢e •nd m•norement The charity is a company limited by guarantee. The Trustees, who are also the diiectors for the purpose of company law, and who strved during the yew and up to the date of 5tgnature of the finanTral statements were.. P L Hands 14 J Jennin8S Dr CJ Miles F Wlngfield E McD¢nald S Clernent l McLatchie M Sanderson B Young E Duncan IResigned 7Ay8USt 20251 IResSgned 14 November 20251 (Resigned 14 November 20251 IRe5igned 2 January 20251 Resigned 14 May 20261 (Resigned 2 january 20251 (Resigned 13 May 20251 IAppointed 15 December 20241 IAppointed 15 December 20241 (Appointed 4 December 20251 (Appointed 2 June 2025 and resi8ned 22 April 20261 (Appointed 30 May 20251 (Appointed 27 M* 20261 (Appointed 29 May 20261 (Appointed 27 20261 M Hodgson A Laird L Porter I Warden Emma Ber8er Roger Claymore Gi11San Tumer None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company an Kuèrantee to contribute £1 in the event of a winding up. Inductlon •nd trnlnini ot n•w tru5ts•s New trustees undergo èn appropriats induction programme to brsef them on their obllgations under charity and company law and the finat)tial performanee of the company. In addition, they reeeive indudon into grant-maklt)g polities and processes, Includlng mana8ement of any conftictsof interest that may arise. PA$k m•MymeTht The Trustees have a duty to identify and re￿eW the risk5 to whtch the company is exposed and to ensure appropriate controls re in place to piovide reasonable assurance against fraud and error. CROSSDYKES COMMUNITY BENEFITS LIMITED TRUSTEES REpoKf (INCLUDING DIREcfoFis' REPORT) ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2025 The Trvstees report was approved by the Board of T￿stee5. P L Hands Dlr•¢tor Oate.. CROSSDYKES COMMUNITY BENEFITS LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CROSSDYKES COMMUNITY BENEFITS LIMITED I report on the financial statements of the charity for the year ended 305eptembeT 2025, whith are set out ott pa8es 5 to 14. Respe¢the rnswrtslblNt1•5 ofTNst••5 4nd •xamln•r The charity trustee5 (who are a150 thÈ dirertoL% of Crossdykes Community Beneffts lirnited for the purposes of company lawl are re5pon5ible for the preparatlon ol the financial staternents in accordonce with the terms of the Char*ttes and Trustee Investrnent Iswtlandl ALt 2c￿5 and the Charities Accounts IScot¢andl 4e8ulationg 2{K￿.The ch4rity Trustees tonslder that the audit requirement of Regula￿tsn Iollllèklcl of the Charities Account5 Iscotlandl Re8ulations 2CKJ6does not applv. It 15 ry re5pon%billty to examine the financ*al ststernents as required under 5Wtlon 44llllcl of the Charlties and Trustee Investment (Scotlandl Act 2(K)5 and to state whether partlcular matters have come to my attentton B•sls ot Ind•p•nd•mt •¥•mkn•r's stst•mant My èxaminatson is carried out in accordhnte with Re8ulatton 11 of the Charftses Accounts1Scotlandl Re8ulatlons 21J)6. An examIna￿an Includes a review of the accounting records kept by the charity and a comparison of the financial 5tsternents presented with those records. It also includes consideratlon of any unusual items or di5closure5 ITr the financ*al Statements, and seeking explanations frorn the tTUStees concerning ar*y such matters. The procedures undertaken do not provide all the evidence that would be requ1￿￿ in an aud4t and consequently I do not e¥pre$5 an audit oplnlon Dn tr* ￿*￿ given by the financlal statements. Ind•p•nd•nt ex•min•V5 stst•m•nt In the ¢our* of my examination, no matter has corne to my attentton whlch 8i¥*s me reasonab￿ cause to believe that in any material fftspett the Tequirements.. to keep èccountinR records In accordance with se￿On 4141lllal of the Charittes and Tnjstee Investment {s￿t11nd) Act 2005 and Regulatlon 4 of the Charlttes Accounts (Scotlandl ReBulatlons 2006, and to prepare financial staternents whith accord wlth the accounting records and comply wsth Regulation 8 of the Charities Accounts IScotl•ndl Regul￿onS 20X have not been met, or 2. to which, in rny opinlon. att•ntlon ghould ￿ drawn In or6or to pnabl* 3 proTrr&r iind@rstandln8 nfthp finAThrial ￿￿t￿rn￿ntit be reached. J•nnlfer MtO•lrm•M, FCA 26 Hi8h Street Annan Durnfries & G4llow4y DG12 6 Date.. CROSSDYKES COMMUNITY BENEFITS LIMITED STATEMENT OF FINANCIAL AcllvfflES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR EAIDED 30 SEpfEMBER2025 R•strt¢tsd fvnds 2024 rKIs 2025 Intom• Irorn.. Donatlons and leBacies Investments 391.580 73.951 401.819 63.264 Total kno%Yn• 464,531 465.083 Exp•ndffÉur• on: Charitable a￿vI￿¢S 460,877 287,898 Totsl •xyndltu 460.877 287,898 N•t Incom• •nd mowm•nt In fvnds 3.654 177.185 RéeomtlllDtlon of fijnds.. Fund balances at i Ortober 2024 1.552.877 1,375,692 Fund •t 30 5•pt•mb•r 2025 1.556,531 1.552,877 The statement of fi"nahtiil actwities indudes all Bains and losses recoBnlsed in the yeaf. All Irthme and expenditure derNe froffl £ontinuing a£tivi#es. CROSSDYKES COMMUNITY BENEFITS LIMITED BALANCE SHEET AS Af30 SEPTEMBER 2025 2025 2024 Flx•d •s%•ts Invt5tments IrNJ Ic¥J Currnnt •51•ts Debtors Cash at bank and in hand li 834 1.556,657 1.550.749 1,557.491 I1,0￿> I,S53.839 11.0621 Cr•dllOYS: •mounts f•lllry due 4¥lthln on• y••r Ngt ¢Ufrgrrt45*9ts I,S56,431 1,552,777 Tot•1 •5s•ts1•ss¢urY•nt Ihiblliti•5 1,556,531 1.552,877 Th• funds ofth• th•rlty Restricted income funds 1,5S6,531 1,552*77 1.556.531 1.552.877 The company is entitled to the e¥empltr)n from the audit requirement contalned In sertlon 477 of the Companies Act 2CX16, for the year ended 30 September 2025. The dlrectors acknowledKe their responsibilities for complyin8 Wlth the requirements of the Cornparrie5 Act with respert to accountin8 records and the prepaTatlon of f(nantial statements. The members hawe not required the company to obtain an audit of its financial 5t4terrents for the year in questlon in accordance with section 476. These financial statenRnts have been prepaTed in a¢¢OTdance with the provisions 8ppll(*ble to ¢ompanles suble¢t to the small compan￿5 re8ame. The financial ststements were apprDved by the Trustee5 0n...-....... P L Hands rndor CROSSDYKES COMMUNITY BENEFITS LIMITED N(yfES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Att•un￿Tri p(dld•s (174TIty knforniabon Cmssdykes Cornmunity Beneffts Limited is a private company limittd by guarantee Incory)oTrted in Scotland. The reBistered office is Studio l. Hillend Mill. Kit*8un2eon, Dumfries, DG2 8LA. Ll BI￿5 of pr•wMiion The financial statements have been prepared in 4Kcordance with the th8rlty'S governing document, the Charfttes and Trustee Inve5trnenl Iscotlandl Act 2CQ5, the Charities Acc¢unts Iscotlandl Regulations 2C¥JS las amendedl, FRS 102 "The Flnancial ReportinR standard applicable in the IJK and Republic ol Ireland" I"FFS 102.1 and the Chartries SORP "Accounttn8 and Reporttn8 by Charitlei Ststsment of Recommended Practke applicable to charittes PTep3r4nq their accounts in accorda*)¢e with the Financial RèptsrttnB $t￿nrtarl appl+cablÈ In the UK and Aepub15c of Ir41ahd (FPS 1021. leffective l January 20191. The charty is a publ￿ Benefft £ntity as defined by FRS 102. The charty has tsken advantagE of the prowslonsln the SORP forcharlties notto prepjre J Statement of Cash FIv*5. The financial staternents are prepaTed in stedin& which Is the I￿n￿On￿l currency of the £harity. Monetsry amounts In these financial staternents are rounded to the ne4fE5t £. The financial statement5 have been prepared Under the historic41 cost converttton, lrnodified to indude the rÈY41uation of freehold properhes and tts include investment ProPe￿eS artd certoin financial instruments at valuel. The prli)Lipdl •ccountinE policies adopted are setout below. 1.2 GdTr8 ￿l¢effi At the time of aPPToving the Ilnancial statements. the Trustees have a ieasDnable expertaknon that the charity has adequate resources to COn￿nUe In operattonal existence forthe foreseeable futu￿. Thus the Trustees COn￿nUe to adopt the goinE COll£2Tn bags of accountin8 in preparing the financial ststements. 1.3 Ch•rltable funds Vnrestrirt&d fund5 are ovailable for use attht discretion of the Trustees In fvTtheronce of thelrcharltablt objertive Restricted fund$ are subject to speclfic conditlon$ by donors or grantors asto how they rna¥ be used. The purposes and uses of the rèstrirted funds are set out in the notes to the financial ststèments. Endowment fundsare 5ubjert to spet(fit condthn5 by donors that the capital must be rnaintsined bytht eharity. 1.4 Ineorn• Income is reco8nlsed when the charlty Is leKally enthled to ￿ after any performano 4vndtrtlons hwe been met, the arnount5 can be measured rellabty, and tt 15 probable that ineorne will be received. Cash donaiions are reCOgn￿ed an reteipt. Other donatlons are recognised once the charity has been notlfied of the donatlon, unless performance cY)ndidDns require deferral of the amount. Income tsx recoverab￿ in relation to danations received under Gift gr deeds of £o¥enaftt is retognised at the time of the donation. Le8atles are reco8Thi5ed on receipt or otherwise if the charity has been notified of an impeftdlTr8 dlstributioTr, the amount Is known. ?nd ￿¢t1pt is expected.11 the amount15 not known. the le83ty 15 treated osa continRent asset. CROSSDYKES COMMUNITY BENEFITS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 )unth)ipolkl Iconiinuodl L5 Exp•ndliuf• Experiditure 15 recognised once there Is a legal orconstruttlve obll8ation to tra￿sfer economic benefit to a third party. 15 probable that a transfer of eeonomit benefits wli I be requlred in settlement, and the amount of the obligation can be meosuftd ￿1{atsty. Expenditure Is classthed by athvlty. The costs of each actlvltv are made up of the total of dlr*t eosts and shared costs, Including 5UPPOrt costs itwolved Sn undertaking each acttvity. Direct costs attributable to 4 5in8le 4ctivity are allo(*ed directly to that a¢tlvity. Shared tests whith contribute to moré than one actiwty and support costs which are not attributable to a ￿ngle acllvity are apportloned botween those activit1È5 on a basis consistent wllh the use of resour¢es. Central staff costs 3re allocated on the basis of time speryt, and depreciation charges are allocated on the portion of the asset's use. 1.6 Flx•d 8ss•t Inwstm•nts Fixed 4sset investrnents are Initlally measured at tran5actlon excluding transacllon costs, 4nd are subsequent measured at fair value at each reporting date. Changes sn fair value are recoEnised in net incomellexpendlturel for the vear. Transathon costs are expensed as incurred. A subsldlary Is an entlty coTrtrolled by the charity. Control is the power to govern the financial and operatln8 policles of the entity 50 as to obtain beneffts from its a￿vI￿t$. L7 Cash and ush e4￿￿•￿￿ts Cash and cash equivalents include cash in hand. deposi(s held at call with banks. other shor&term liquid investments with original maturides of three rnonths or less. and bank overdrafts. Bank overdrafts are shown wilhin borrowinRS in L8 Fln•nd•l l#stFum•nts The charity ha5 elected to app￿ the provisions of Set￿n 11 '6asic Financk81 Instrumentg and Section 12 '0ther Flnan£lal Instrument5 Issues. of FRS 102 tD all of 115 nnanclal Instrurnent& Financial instrurnents I￿ reto8nised the ¢harity'$ balance sheet whefi the charity becomes p?rty t¢ the contrartual prov5slons of the instrument. Financial a55ets and liabilities are offset. with the net èmount5 presented in the financial staternent5, when there is legally enforceable right to set Dff the recoBnised amount5 and there is an Inten￿On to settle on a net basis or to realise the asset and settle the liability simultaneously. oskftnundolassets Basic ffnancial assets. which include debtor5 and casb and bank balances. are initlally measured * transaction price Including transattlon costs ènd are subsequently carried at amortlsed cost usln8 the effecttve interest method un￿sS the arrangement constitutes a finanun¥ transaction, where the transaction is measured at the presert value of the future recelpts dLstounted at a market rate ol interest. Financial assets da$￿tied as receivable vAthln one year aye not arnorttsed. CROSSDYKES COMMUNITY BENEFITS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 A¢¢ountlng polkl•s ICo*ttnu•dl Boskfinandoltsobllltr•s Basic financial liabilFties, induding c￿dItorS and bank leans are initially recognised at transaction Price unless the rran8ernent constltutes a financing transacthen, where the debt instrument 15 rneasured at the preserrt value of the future payments discounted at a market rate of Interest. Flnancial liabslities cla55ffied as payable wlthin one year are n arnorbsed. Debt in5trurnents are subsequently carrfed at amortlsÈd ts)st, us&ftg the eftertlve *nterest rate method. Trade creditor5 3fE obli8ationsto pay for aoods or services that have been acquir*d in the ordinary course of operatlons from suppliers. Amounts payable are classified a5 current liabilities if payment is due withln Lme year or Itss. If not, they are presentsd as non