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BROUGHTONKNOWE COMMUNITY WOODLAND LIMITED
AUDITED FINANCIAL STATEMENTS
30[™ ] SEPTEMBER 2025
COMPANY REGISTRATION NUMBER: SC824232 SCOTTISH CHARITY NUMBER: SC053888
CARSON & TROTTER CHARTERED ACCOUNTANTS 123 IRISH STREET DUMFRIES DG12PE
Broughtonknow• Community Woodland Ltd Company Ilmlted by guarantee Contents Page Directors and other information Trustees. report Irmlependent aLKlltols report to the members Statement of ¢ompreh8nsive income 10 Statement of financial wsition 11-12 Notes lo the financial statements 14-24
Broughtonknowe Communlty Woodland Ltd Company1Smitod by guaranlee Dirèctors and other Information Dlrectors Mr lan Brooke Mr John R Hart Mrs Vivian M Thoms Mr Alastair S Leaver (Appointed 30th September 20241 (Appoinlod 30th September 20241 (Appointed 30th September 2024) (Appointed 30th SepteMr 2024) Company number SC824232 Raglstered offlce Foresthill Cottage Broughton Biggar ML126QH 8uslno88 address Forresthill Cottage Broughlon Biggar ML12 6QH Audltor Carson & Trotter 123 Irish Street Dumfries DG12PE Bankors Royal Bank of SCtland PIC 104 High Street Biggar ML12 6DH Pago 1
Br¢ughtonknowe Communlty Woodland Ltd Company limlted by guarantoe Trugtogs. rnport (Includlng dirg¢torfs report) P•rlod •nded 30th September 2025 The trustees, who are also diroclors, of the charitable company for the purposes of the Companies Act. present their report and the audited financial slalemenls of the charitable cornpany for the period ended 30th September 2025. The financial slalemenls have been prepared in aOrdanCe with the accounting policies sel out in note 1 to the accounts and comply with Charities and Trustee Investment (Scoand) Act 2005, the Charities Account5 ISGotland} Regulations 2006 (as amended) and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities prepaTing their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) published in October 2019 and Companies Act 2006. Oblgctives and A¢tlvitig# The charitable companls purposes are'.- the advancement of environmental protection or improvement. through o)nserving the natural herilage of the woodland, ils flora and fauna,. and managing the vthdland in a sustainable manner and promoting biodwersity., the advancement of education and the provisitin of recreational faciliiies, or the organisalion of recreational aclivilies, wth the object of improving the Gondilions of lrfe for the persons for whom the facilities or activities are primarily intended, through providing and im0vIng access, infomiation and facilitie5 for people using the woodlands.. and promoting the woodlands as an educational, recreational and health and wellbeing resouTGe to the local community,. and the advanment of citizenship or community development, through encouragiryJ voluntary participation in the work of conservation and maintenance of the woodland. A¢hlev•m•nts and P¢rtomianc• 2025 has been a very eventfu1 year in the ongoing Itfe of th8 woodland. Much of autumn 2024 and wnlertime was spent wlh the Directors working hard lo secure donations for thg purchase prtce agreed after negotiation th the previous private owner. An enormous thank you to all the public bodies, philanthropic grant administrators, private individuals and local community groups who donated to raise the £766,861 required to secure the land for the community in perpetuity. The full list of donations and grants received are shown in Notes 5 and 6 in the accounls that follow. After all the stresses of fundraising we finally gained community ovmership in April. We had a formal elebratory event and 'opening' on May Day at the Green Ash Chairs yurt in the old quarry above the car park, wth donors and supporters invited to mark the Ocosn. This milestone ensu$ that the woodland wll remain open, protected and managed for the benefrf of the communlty and the environment. Th8 long-term local stewardship of the woodland is now secure. Our attention has now had to turn to the day to day running of our wonderful asset- what a responsibilityl An essential part of this commitment is the maintenance of our visitor experience. Prior to purchase the wee community group, Friends of Broughlonknowe, had just completed a signifi¢anl programme of infrastructure improvem8nl$ - more paths, boardwalks, benches," two new ponds. installation of nest boxes and a wldlrfe watching hide. We also planted a lot of native wil(fflowers and shrubs lo improve habitat diversity. All this requires ongoing attention rf the wo¢)dland is to continue to provide the visitor experience our Gommunity expffssed their desire to maintain I develop. Page 2
Broughtonknow8 Community Woodland Ltd Company limited by guarant Trustees. report Icontlnu•dl Perlod ended 30th Septomber 2025 To this end we are indebted lo th& generous donor$ of a rid8 on mower and the ongoing volunteer input of Ress Robison. Since March Ross has added a new bench at the 'Scrape' pond ané installed a donated memorial bench looking onlo the Soulhern Uplands. Both are well usedl Presently we are looking to install a covered sealing area in the 'Pine Gulv picnic area in Ihe middle of the woodland. Karl Napier is a 'new recruit. lo our main16nance volunteers. contributing slrimming and dvJging skills as well a$ his practical knowledge of landscape management. Stan Wllson, who was brought up at Rachan and ha5 a great attachment to the area and our project, donated a stunning organic sculpture he had carved from Portland stone. It is fth'ngly installed by the reeds al the edge of the main pond. Sian has since donated and installed kn more of his sculptural works. Two figures in white Portland stone and black Kilkenny marble entled 'One Nation, symbolise unity and our extended welcome lo all who visit. An iron facsimile of a helmeted he&1 looks onto our adjacent Iron Age hill fort, the intention being to draw attention lo our associated archeological past. We are not the only people lo have apprecialed this wonderful landscape. Ilka Roehe led another very informatNe 'spring woodlant1 foraging, event in the Green Ash Chairs yurt. A guided exploratory walk was followed by hand moislurising cream production using some of our collected Id flowers, beeswax and sunflower oil. We all had samples lo tske away- thanks Ilka. It is lovely to see groups of youngsters enjoying the woodland. The Biggar Scouts and Cubs continue to use the fire pil and environs for den making and olher activities. younger Biggar Tinto 'Squirrels' had a great V15it 'pond dipping,. Nicola Campbell regulady brings the Biggar Kirk youth group. She has also developed a programme of faith based adult mindfulness walky. Nicola's18lest venture is Welly Vvanders. for parents and toddlers. Wlldlrfe worksheels are available free from the hide. as is a pket 'ine' summarising our possible ldIffe encounters through the different seasons of the year. RecenUy our local councillor and 8roughtonknowe Board member. Viv Thomson, organised an exciting challenge with 8roughlon Primary School to design us a logo. All the excellent entries are displayed on our website. We are looking forward to further developing the edUcatn31 opportunities of the wociland. Soon after the woodland purchase we were visited by a troop of jugglersl They were wanting somewhere special lo practice and boné before performing at the Edinburgh 'Bellane' celebrations. They were keen lo contribute lo our ongoing biodiversity work. They collected long discarded plastic tubes from the north end of the woodland and redeployed them planting 50 plus donated hardwoo(I tree saplings. A muGh apprecialed task. Further community tree planting was undertaken along cAJr 500m section of the Broughlon Burn. A hundred Alder saFJings were planted and a rW path created lo open up and develop a new riparian habitat. 11 makes a lovely start. or finish. lo a longer walk through our other Broughlonknowe habitals. We continue to monitor the wildlrfe present. It has been a great year for new in5e¢t sightings. In addition to our already established populations of buttefflies, that includes Small PeaTlbordered and Dark Green Friti118ries, we recorded for the first time Speckled Wood and a single sighting of a most unllkely Vvall butteffly. A full species list is on our web sile. Bullerfiy and Bumblebee records are Submitted monthly lo national databasès. The additional ponds have boosted our dragonfiy I damsemy records. A striking southern distribution species spreading north, is the 8road-bodied Chaser. Bright blue males, yellow females were focussed on the new 'Scrape' pond. emerging from impressive larvae and in turn laying eggs that will ensure their ongoing presence. Page 3
Broughtonknowe Community Woodland Ltd Company limited by guarantee TrustO0s' report (contlnued) Perfod end•d 30th Septombfrr 2025 A new bird at the feeder5, that has taken some time to gel here, is the Nuthatch. We continue to 8dd nest boxes and the feeders al the fire pit are constantly replenished. Thanks are due lo Loraine MLJrr2y. 'Heallhy Pets, the Biggar pet shop. for regular donations of wld bird seed. This autumn Jackie Freeman has been v(Aunteering her expertlse lo catalogue our impressive array of fungi. A couple of mini-busine$5 projects are underway. Broughtonknowe Bees are rathèr special, they are native Scottish black bees {as nearly genetically pure as you can get down here) so It is also a great conservation project. The bees have been provided by Jim Lindsay wFKtr is also providiThJ the knoedge for managing them. No honey this year as they establish but we are lookn'ng forward to a hopefully produ¢live spring I summer next yearl Our other en19rpri5e is supplying bags of firewood logs to the community shop in Broughton. They are seasoned Ash logs and this helps us double up wth the control of Ash die back in the woodland. Plans for Futur• Periods The man4ement of the commercial limber in the woodland is still in the planning stages as we have been Corning lo lerms vAth our insurance and health and safety obligations. The wind blown limber was safely tidied in spring 2025 by 'Treesurv' vtho we are hoping to develop a longer term relationship with us through 8 lease of a section of the large shed for which we will apply for planning permlssion. The shed wll require some modifatIonS Ihat will b8 funded by South of Scotland Enterprise ISOSE). None of the above would have maleTialised without the ongoing. behind-Ih&scenes, input of our Chairman, lan Brooke. Also Ya)rking lo make things happen are the other members of our present Board of Directors, John Hart, Viv Thomson and Alastair Leaver. All matters pertaining to the woodland Nyill be rexamined at our AGM in the New Year lo whh all interested are Cordially invited. Al that tsme we will be looking to recruit new Board members and we will be launching a new Broh1onknOwe Community Woodland Membership package. Flnancial R•vlew The result for the pervjd shows a nel irthme of £792,786. Th8 balance Sheet on page 11 shows that th8 total funds at the period end are £792,786. Unrestricted funds held at the perlod end were £771,291. consisllng of £767,097 of designated funds and £4,194 of unrestricted general funds. and reslricled funds of £21,495. Risk Managemont The trustees have examined the major strategic, bu5illess and operatlonal risks ¥thich the charity faces and confirm that tl necessary $teps havg been taken lo mitigate these. Reserves Th8 trustees wll not be undertaklng any commltmenls unless adequate funding is available or arrangements have been made wlth appropriate parties beforehand. They consider that the current unreslricled funds of £771,291 are more than adequate to meet current adminislralive costs. Unrestricted funds are comprised of £767.097 of designated funds which is altributable to the fixed assets held. and £4,194 of available free funds. Page 4
Broughtonkn¢)we Community Woodland Ltd Company Ilmlted by guaranteo Trusleos. report (continued) Perlod ended 30th Septgmb•r 2025 Structure, Governan¢o and Manag•ment Broughtonknowe Community Woodland Ltd is a Swttish Charitable Company, which was incorporated on 30th September 2024 and registered as a charity on 61h January 2025 (no. SC053888}. 11 has a double tier structure with a Board of Dire¢tors, who are the trustees of the charity and hs members. It is governed by its Articles of Association. Appolntment and tralnlng New directors are nominated by the existing directors or prowsed by members in wrTting prior to the AGM and appointed where they have the necessary skills to increase ils experien in achieving the charitls goals. The Articles of Association provhles for a minimum of 3 directors up to a maximum of 10 directors, with no more than 3 co-opted d1Clor5. Where new trustees are apwinted they are given a formal induction to the work of the charitable company and provided with the informallon they need to fulfil their rolas. whh indudes infomialion about the role of the trustees and charity law. Referoncé and administratlve Inform*lon Trustees The Iruslees who have served the charitable company during the year and since the year were as follows". Mr lan Brooke (Chair) (Appointed 30th September 20241 Mr John R Hart (Appointed 30th September 2024) Mrs Vivi?n M Thom50n (Appointed 30th September 2024) Mr Alastair S Leaver (Acting Tre8surerl (Appointed 30th September 2024) Mr Alastair G Mcclelland (Appointed 20th November 2024 and resigned 24th July 2025> Registered Office Forresthill Cottage, Broughton, Biggar, ML12 6QH Company Number SC824232 Charity Numb9r SC053888 Indepondent Ex?min•r Gillian Gray. BACC.. C.A. Carson & Trotter, Chartered Aceojuntants, 123 Irish Streec Dumfries. DG12PE Pago S
Broughtonknowo Community Woodland Lld Company Ilmlted by guaranteg Trusto98' r•port {continu•d) Perfod onded 30th September 2025 Regponslbllltles of tho trnstees The trustees, who are also directors of 8roughtonknowe Community Woodland Ltd, for the purposes of ompany law are responsible for preparing the Annual Report and the financial statements in accordance th applicable law and United Kingjom Aecounllng SlarKlards (United Kingdom Generally Accepted Accounting Practice). Law appIlble lo charities in Scotland requires the Iruslees lo prepare financial slalemenls for each financial year which give a true and fair view of the slate of affairs of the charitsble company and of the incoming resources and application of resource5. including the income and expenditure, of the charitable company for that period. In preparing these financial stslements, the trustees are required to.. select suitable accountlng policie$ and then apply them consislenlly.. observe the methods and principles in the Charities SORP (FRS 1021,. - make judgements and eslimales that are reasonable and prudènt,. stale whether applicable UK accounting standards have been fd10d, subje¢t lo any mater1 departure5 disclosed and explained in the financial statements., prepare the financial statements on the going Goncttn basis unless It Is inappropriat& to presume that the charitable company will continue in operation. The trustees are responsible for keeping accounting records that disclose with reasonable accura¢y the financial p051tion of the charitable company and which enable them lo ascertain the financial position of the charitsble company and which enable them lo ensure that the financial statements comply wth the Charities and Trustee Investment IScoUandl Act ?5, the Charities Accounts {Scolland} Regulation5 2006 las amended) and the trust deed. They are also responsible for safeguarding th8 assets of the charitable company and hence for taking asOnable Steps for the prevenlion and delection of fraud and other irregularities. The trustee5 are responsible for the maintenance and integrity of the charitable company and financlal inforniation included on the charitaNe companys web$ite. In so far as the Iruslees are aware: - Ihere is no relevant audit infomiation of which the charilable CnpanIS au(Jitor is unawar8,' and the trustees have taken 811 steps that they ought to have taken lo make themselves aware of any relevant audit information and lo establish that the auditor is aware of that irsformaliorb. The trustees. annual rewrt has been prepared haviro taken advanlage of the small companies exemplbon in the Companies Act 2006. Audltor8 CaTson & Trotter were appointed auditors lo the company and in accordance wth Section 385 of the Companies Act 1985, a resolution proposing their reapintrllent will be put lo the Annual General Meeting. This report was approve(1 by the trustees on 1st April 2026 and signed on their behalf by- Mr lan Brooke Chalr Pag• 6
Broughtonknowe Community Woodland Ltd Company IlmSted by guarantee Independent audltorfs rgport to thg m•mbers of Broughtonknowe Community Woodland Ltd Period endod 30th Soptember 2025 Opinion We have audited the financial statements of Broughtonknowe Community WL¥xlland Ltd (tho 'charitable comp8nVI for the period ended 30th September 2025 which comprise the statement of comprehensive inwme, statement of financial position and notes lo the financial slatemenls, including a summary of signrficant accounting policies. The financial reF)Orting framework that has been appled in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {Uniled Kingdom Generally Attepled AcGounling Practice). In our opinion, the financial statements.. give a true and fair view of the slate of the charitable WmpanS affairs as at 30th Seplember 2025 and of its profit for the period then ended; have bgen prop8rly wepared in accordance wth United Kingdom Generally Accepted Accounting Practice,. and have been prepared in aGrdance with the requTrmenls of the Companies Act 2006. Basis for opinlon We conducted our audit in accordance with Inlemalional Standards on Auditing (UK) IISAS {UKI) and applicable law. Our responsibilities under th>se standar(Is are further described in the auditor's responsitylities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirernents Ihal are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our 0th8r ethical responsibilities in accordance th these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opirsion. Concluslons relatlng to golng concorn In auditing the financial stalemenls, we have conduded that the dlreclors use of the going concern basls of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed. we have not identified any materi81 uncertalntie5 relating lo events or conditions that, individually w collectively, may cast significant doubt on the charitable companls ability lo contlnue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this repcffi. Other Infomiatlon The other information comprises the information included in the annual report, other than the financial statements and our auditor's report Ihereon. The directors are responsible for the other infomiation. Our opinion on the financial statements does not cover the other information and. except to the extent otherwse expliGiUy staled in our rep, we do not express any form of aSSUrar Gonclusion thereon. In conn8ctKsn wth our audit of the financial sL2tements, our responsibility is to read the other infom)ation and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material incollsistencies or apparent matwial misslalements, we are required to determine whether there is a material misslatemenl in the financial slalements. or a material misslalement of the other information. If. based on the work we have rformed, we conclude that there is a material misstatement of this other infomalion. we are requirèd lo report that fact. We have nothing lo report in this regard. Page 7
Broughtonknowe Communlty Woodland Ltd Company limited by guarantè& Independent audIt0S report to th• membors of Brou9htonknowe Communlty Woodland Ltd (ntInUed) Pwlod ended 30th September 2025 Oplnlons on other mattern proscribed by th• Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit-. the information given in the direclors, report for the financial period for which the financial statements a prepared is consislenl with the financial stslemenls., and the dlreclors. report has been prepared in accordance with appllcable legal requirements. Mattern on which we ar• requlred to report by excoptlon In the light of Iha kne and understanding of the charitable company and ils environment obtained in the course of tha audit. we have not idenlrfied material mlsslalements in the directors, report. We have nothing to report in respect of the follovrfing matters there the Companies Act 2006 requi$ us to report lo you rf, in our opinion: adequate accounting records have not been kept. or returns adequate for our audil have not been received from branches not visit8d by us,. or the financial statements are not in agreement wth the accounting rerdS and the retums,. or certain disdosures of direcltYS' rtmuneration specffied by law are not made.. or we have not received all the information and explanations we require for our audit- or the dire¢tors were not entitled to prepare the financial statements in accordance wth the small companies regime and take advantage of the small companies. exemptions in preparing the direct(ws' report and from the requirement lo prepare a stralegic report. Responslbllltios of directors As explained more fulty in the directors, responsibllilies statement, the directors are responsible for the preparation of the financial statements an(J for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparatlft of financial statements thal are free from material mis5tatemenl. whether due to fraud or error. In preparing the financial statements. the directors are responsible for assessing the charitable o)mpanrfs ability to continue as a going concern, disclosing. as applicable, matters related lo going concern and using the going concern basis of accounting unles5 the directors either intend lo liquidate the Company or to cease operations. or have no realistic alternalNe but lo do so. Audltorfs rosponsibilities for thè audlt of tho flnancial stat•monts Our objectives are lo obtain reasonable assurance about wh8lher the financial statements as a whole free from malerial misslatemenl. whether due lo fraud or error, and to issue an audil(ff's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in aCC(dance with ISAS (UK) will ayS detect a material misstatement when il exists. Misstatements can arise from fraud or effor and are considered matenal rf, individually or in the aggregate, tw Uld reasonably be expected to influence the economic decisions of users taken on the basis of these finarKial stslements. Irregularities, including fraud, are insiances of nonrycompliance with law5 and regulalions. We deslgn procedures in line wilh our responsibilf(ies. ouuineé above, to detect malerk41 misstatements in respect of irregularities. including fraud. The extent to which our procedure$ are capable of delectiNJ irregularities. including fraud is detailed below= Pago 8
Broughtonknowe Community Woodland Ltd Company Ilmitod by guarantee Independent auditoV8 rgport to the mombers of Broughtonknow• Community Woodland Ltd l¢ontinu¢d) Perlod ended 30th Septgmbor 2025 Delemining whether the accounting policies and prtsentalion adopted in the financial slalemenls are in accordance with applicable law and United 'ngdoM Accounting Standards, including the Slalement of Recommended Practice for Accounting and Reporting by Charities (Charity SORP FRS 102). Performing analytical procedures to identfy any unusual or unexpected relationships that may indicate risks of material misslatemenl due lo frautJ_ Detailed and re-performan¢e testing of specific controls and Gal¢ulatK¢ns. Reading minutes of meetings of those charged governance. In addressing the risk of management override of controls, testing the appropriateness of journal entries and other adjustmenl$'. assessing whether tsjudgments made in making accountlng estimates ar8 indicative of a potential bias. Carying out detailed lesting, on a sample basis, of transactions and balances agreeing to appropriate documentary evidence lo verrfy the completeness. existence and ac¢uracy of the reported financial position. The audlt team remained alert to any indication of fraud or non-compliance with laws and regulations throughout the audit. Because of the inherent limitslions of an audf(, there is a rlsk that we will not detect all irregularities, including those leading lo a material misstatement in the financial slalemenls or non-compliance with regulation. This risk increases the more that compliance Nwth a law or regulation is removed from the events and transaclsons refiected in the financial statements. as we will be less likely to become aware of instances of non-wmpliance. The risk is also greater regardlng irregul8rilies 0UrrIng due lo fraud rather than error. as fraud Involves intentional concealment. forgery, collusion, omisslon or misrepresentation. A further description of our responslbilitses for the audit of the fi'nancial statements bs located on the Finan¢ial Reporting Council's website at www.fr¢.org.uklauditorsresponsibllilles. This description forms part of our audilorfs report. Use of our report This report is made solely lo the charitable companls members. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable companys members those matters we are required lo stale lo them in an auditors report and for no other purpose. To the fullest exlenl permitted by law. we do not ac¢epl or assume responsibility to anyone other than the charitable Gompany and the charitable companls members as a body. for our audit work. for Ihis report, or for the opinions V have formed. Gillian K Gray BA¢¢ CA {Senior Stalul¢Ny Audilorl For and on behalf of Carson & Trotter Chartered Accountants 123 Irish stet Oumfries DG12PE 14th April 2026 Pag0 9
Broughtonknowe Communlty Woodland Ltd Company limited by guarantee SLitemgnt of Flnancial A¢tivitie$ (Includlng Income & Expendltur• Account for th• poriod ended 30th September 2025 Total Funds 2025 UnrestrlGtgd Fubids RoStrict•d Funds Notes In¢omo and endowmonts from: Donations arKI legacies Charitable actNilies Other tradirvJ activibes 6,961 2.213 18.360 769,154 25,321 771,367 Total incomo and ondowm•nts 9,210 787.514 796.724 Expendlture on: Charitable activities 2,907 1,031 3,938 Total expenditure 2,7 1.031 3.938 Not lexpenditurè)Ilncome 6,303 786,483 792,786 Transhlys Gross transfers ben funds 16 764.988 1764,988} Net movamt In fund5 771,291 21,495 792,786 Reconcili*lon of fundy: Total funds brought forward Total funds carrled forward 16 771,291 21,495 792,786 All income and expenditure derive froffl continuing activities. The Statement of Financbal Activitie$ includes all gains and10sses recognised in the P8TiOd. Tho notgs on pag•8 14 to 24 fomi part of these finanGial $tstements. Page10
Broughtonkn¢)wo CoTnmunlty Woodland Ltd Company Ilmited by guarantee statement of flnancial posltlon 30th Septembor 2025 30109125 Note Flxod assets Tangible assets 11 767,097 767.097 Current asgets Debtors Cash at bank and in hand 12 13 14,288 14,782 29.070 Credllors: amounts falling due withln one year 14 13,381) Net current assets 25,689 Total as$•ts less current liabllltl•8 792,786 Net assets 792,786 The funds of the charity: Restrbcted funds Unrestricted designated funds Unrestricted funds- gener 18 21,495 767,097 4.194 Total funds 792.786 These financial statements have been prepared in accordance with the provisions applicable lo companies subject tg the small companies, regime and in accorda wth Section 1A of FRS 102 'The FinaTKial Reporting Standard applicable in the UK and RepubliG of Ireland,. The notes on pagos 14 to 24 form part of these financlal statements. Page11
Broughtonknowg Communlty Woodland Ltd Company limited by guarantee Statemont of finanGial poslllon Icontlnuod 30th September 2025 These financial statements were approved by the board of dlrectors and authIsed for Issue on 1 sl April 2026. and are signed on behalf of the board by: Mr lan Brooke Director Company registration number.. SC824232 The noto5 on pago9 14 to 24 fomi part of these flnancial ststements. Pag• 12
Broughtonknowe Communlty Woodland Ltd Company Ilmited by guarantee sement of cash flows Perlod ended 30th Sfjpt•mber 2025 Perlod ended 30109125 Noto Cash flows from operatlng acllvltles Nel income for the reportirwJ period las per the Statement of Financial Activitw} 792,786 Adjustments lor.. Depreciation of tangible assets Accrued expensesllincomel 2,400 Changes in.. Trade and other debtors Trade and other ¢dr[Or5 (14.2881 Cash generated from operations 17 781,887 Net cash from op8rating activi118S 781,887 Cash flows from investlng aGtivltle8 Purchase of langibS8 a5se15 Net cash (used in}Ifrom investing activities Net Increasd(dKroas8) In cash and cash equivalonts Cash and Gash equlval•nts at beginning of porlod Cash and cash oquivalents at end of period 1767,105) 1767,105) 14,782 13 13 14,782 Page13
Broughtonknowe Community Woodland Ltd Company limlted by guarants0 Notes to the flnanclal ststements Perlod onded 30th Sopt•mber 2025 General Inforniation Broughtonknowe Community Woodland Ltd Is a chwitatAe comparry limited by guarantee, registered in Scotland. The address of the registered office is Foreslhill Cottage, Broughlon. Biggar, ML12 6QH. Statement of compllance These financial statements have been prepared in compliance with the provisions of FRS 102. Section 1A, The Financial Reporting Stsndard applicable in the UK and Republic of Ireland.. The financial statements have been prepared in accordance wlh Accounting and Reporting by Charities: Statement of Recommentled Practice applicable to charities preparing their accounts in accordance wth the Financial RetIng Standard applicablo in Ihe UK and Republic of Ireland (FRS 1021 issued in October 2019 - Charities SORP (FRS 1021, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021. the Charities and TTUStee Investment (Scotlandl A¢1 2005. the Charities Accounts IScoUandl Regulations 2006 las amended). the Companies Act 2006 ar UK Generally Accepted Accounting Practice. The charitable company constitutes a public benefit entty as defined by FRS 102. A¢counting pollclos Bas18 of prgparation The financlal slalemenls have been prepared on a going concem basis under the historical cost basi5, as modrfied by the revaluation of certain financial assets and liabilities and inveslmenl propèrties measured at fair value through profrt or loss. The flnancial statements are prepared in steding, which is the functional Currency of the entity. Fund accountln9 General funds are unreslricled funds, whlch are available for use at the discr81ion of the trustees In furtherance of the general objectives of the charity and 1¢h have not been designated for other purposes. Designated funds comprise UnreStrted funds that have been sel aside by the trustees for particular purposes. The aim and use of each designated fund is sel oul in the notes lo the financial statements. Restricted funds are funds which are lo be used in accordance with specific rèstrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. Tfve aim and use of each reslrlcled fund is set out In the notes to the financial statements. Pago 14
Broughtonknowe Communty Woodland Ltd Company Ilmitgd by guarantee Notes to the financlal statements (Gontinued Period ended 30th September 2025 3.2. In¢ome recognltlon All income is included in the Stalement of Financial Activiti88 when the charitable company is legal entitled lo the income after any performance conditions have been mel, the amount be Measu reliably and it is probable that the income will be received. Grants are revenue in nalure and are received in connection with the companvs charitable actlvities. These have been released in full to the profil and loss account in line with expeThYrture inojrred during the period. No amount is included In the financial statements for volunt8er lime in line with the SORP (FRS 102). 3.3. Expendltur• recognltlon Liabilities are recognised as expenditure as. soon as there is a legal or conslruclNe obligation lo make payments lo third parties, il Is probable that setuement will be requifed and the amcAAnl of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses, induding support costs and govemanc8 Costs, are allocateé or apportioned lo the applicabl8 expenditure headings in the statement of financial activities. Charitable expenditure comprises those cosls incurred by the tharity in undertaking aclivites that further its charitable aims, including those costs of all indirect nature necessary lo support them. Support costs have been drfferentiated belween governance costs and other support costs. The charitable company feels that there is only one activity. being the running and maintenance of the wo¢)dland, and as such supports costs havo been treated as beiro wholly for the fuwilment of the primary activity. Govefflan costs comprise all costs involving the public accountability of the charitable company and ils compliance wrth regulation and good practic&. These costs include costs related to the preparatio and audit of the ststutory accounts. the cost of truslee5' meetings and Ihe cost of any legal advice to trustees on goverrbance or constitutional matters. As th support costs. the governance costs are treated as being wholly for the primary activty. 3.4. Going concern The financial statements have been prepared on a going concem basis as the trustees believe that mateTial uncertainties exist. The trustees have considered the level of funds held and the expected levd of income and exper)dilure for 12 months from aulhorising these financial ststemenls. The budgeted income and exper)dilure is Sufflent with the level of reserves for the charity lo be able lo continue as a going conrArn. Page15
Broughtonknowg Community Woodland Ltd Company Ilmitod by guarantee No106 to tha flnanclal stat•ments Icontlnuod Period ended 30th Septomber 2025 3.5. Judgements and key sour$ of gstlmation uncortainty In the application of Ihe charitable companls accounting policw, the trustees are requlred to make judgements. estimates and assumptions about the Carrng amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historiGal expernCe and other factors whkh are considered relevant. Actual results may drffer from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revlsions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in Ihe period of the revision and future periods where Ihe revision affects both current and fvture periods. 3.6. Tanglble assets Tangible fixed assets are slated al cosl lor deemed costl or valuation less accumulated depreciation and accumulated impairment losses. Cost indudes costs directly attributable lo rnang th8 a$$el capable of operating as inlonded. 3.7. Depreciation Depreciation is calculated so as to Write off the cost or valuatK)n of an asset, less its residual value. over the useful economi¢ lrfe of that asset as follows- Woodlands Plant and machir Not éepre¢iated 20V• slraighl line If there is an indvtion that there has been a SignifnI change in depreciation rate. useful life or residual value of tangible assets, the deprecAalion is revised prospecDvely to reflect the new estimates. Woodlands are not depreciated as the tnjstees are of the opinion that the assets wll have a very long useful lrfe arKI a hlgh resKlual value, thus rendering any depreciation negligible in value. 3.8. lrnpairmgnt A review for indicators of impairment is carried out at each reportiThJ date. with the recoveiable arnjnt being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount. the asset is impalred accordirvJly. Prior impaimients are also reviewed for possible reversal at each reporting date. When it is not possible to eslim8te the recoverable arnount of an individLJal asset, an estimate is made of the recoverable amount of the cash-generaling unit lo which the asset belongs. The cash-generating unit is the smallesl identrfiÈble group of assets that includes the asset and generates cash infiows that are largely independent of the cash inflows from other assets or groups of assets. Paga 16
Broughtonknowe Community W¢)odland Ltd Company limitèd by guarantee Note8 to Iho financial statsments Icontlnued) Period énded 30th Soptembor 2025 Governmgnt grants Grants ar? recognisad at the fair value of the asset received or receivable. Grants a not recognlsed until there is reasonable assurance th81 the company wll comply wth the conditions attaching lo them and the grants will be received. Under the perfomian¢e model, wher& the grant. does not impose specified future p8rforman¢e-relaled Conditions on the recipienl, il is recognised in income when the grant proceeds are received receivable. Where the grant does imp05e specified futu perfomance-relaled conditions on the iecipienl. il is recA)gnised in income only when the p8rfomiance-relaled conditsons have been mel. Where grants re¢elved ar9 prior to satisfying the revenue recognition criteria, Ihey are recognised as a liability. 3.10. Debtors & ¢redltors Debtors are measured at their recoverable amounts, no debtor$ are expected lo be recoverable in more than one year therefore no debtors have been discounted. Creditors are measured at their settl&ment amounl. 3.11. Flnanclal In¥truments A financial asset or 8 financial liability is recognlsed only when the company becomes a party lo the ¢ontraclual provisions of the instrument. Basic financial instruments are initially recognlsed al the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payTnenls iscounted at a market rate of interest for a Similar debt instrumenL 3.12. Taxation The company has charitable status and is exampt from taxation. Limit by guarantee The charitable company is a private Cofnpany limited by guarantee incorporated in Scottand and has no share capital. In the event of Ihe charitable company being wound up. the liability in respect of tt guarantee is limited lo £1 per member of the charitable company. Pay 17
Broughtonknowe Cornmunlty Woodland Ltd Company Ilmlted by guarantee Not•s to the financlal Statemgnts {contlnugd> Porl¢xl onded 30th SoPt•mber 2025 Incomo from donations and legacies Unrestrlcted Ro$tricted 2025 Funds Funds Total Donalw)ns ceIved 6.961 18.360 25,321 6,961 18,360 25,321 Donatlons r1Ved comp5•$. Friends of Broughtonknowe C Lamblon B and K Henry Broughlon Oil Group Environment Fund Friends of Leadbum M&PBates R Henry Biggar Ramblers 4,661 2.250 2.000 9,500 5,000 1,000 500 360 6.961 18.360 25,321 Pag0 18
Broughtonknowe Community Woodland Ltd Company limlted by guarantee Notes to the financlal statgmon18 Icontinugd) Perlod ondod 30th Septornb•r 2025 In¢ome from charftable aGtivitle8 Unrostrf¢t•d Restrlcl•d 2025 Funds Funds Total Grants received Radio mast income Activity group inccKne Bank compensation 769,154 769,154 1.750 1,750 423 423 2.213 769,1 $4 771,367 Grants received comprfses: 2025 Scottish Land Fund Foundation S¢olland - Nadara Glenkerie Wind Farm Community Fund South of Scotland Enterprise Cl8 Windlarm SSE 594,020 9.134 141,000 25,000 769,154 Other tradlng aGtiviti•s Unrestrictod Rgstricted 2025 Funds Funds Total Log sales 36 Pag8 19
BroUghtonknO Community Woodland Ltd Company limited by guarantee Notos to the finandal gtaternonts Icontlnued) Pgriod ended 30th Septembèr 2025 Anal1$ of expèndlture on charitablo a¢tivlties Actlvltles Support & und•rtaken Governance 2025 directly Costs Total Woodland expenses 1,242 2,696 3.938 1,242 2,6g6 3,938 Of the above costs, £1,031 were attributable to restricted funds and £2,7 were unreslricled funds. Dlrect costs 2025 Insurance Light & Heat Woodland maintenance Depreciation 841 50 343 1,242 Analysis of support costs and governance costs Support Governan¢0 Cost8 Costs 2025 Total Woodland expenses 2.696 Support costs in¢luded in the ab)ve. are as follows.'- 2025 Support Gosts Venue hire Advertising and Publications Subscriptions 64 215 17 Governance costs Auditors remuneration 2,400 2,400 Total support costs and govemance cost$ 2.696 Page 20
Broughtonknowe Cornmunlty Woodland Ltd Cornpany limitod by guarante• Notes to the flnancial $tatements (contlnuad) PoTiod ended 311th September 2025 10. Profit before taxatlon Profrt before taxation is stated after chargintylcrediling}: Period ended 30109125 DepreatIon of tangible asset$ Fees payable for the audit of the financial statements 2,400 11. Tangibl¢ assots Freehold Plant and property machlnery Total Cost At 30th Seplember 2024 Additions 766,861 244 767,105 At 30th S•plember 2025 766,861 244 767.105 DeprKiation At 30th September 2024 Charge for the year At 31Xh September 2025 Carrylng amount At 30th Soplomb•r 2025 766.861 236 767,097 There is a standard security over Plot5 1 & 3 of BroUghtonknO Woodland. This standard security chargè is held by The Big Lottery Fund - National Lottery Communty Fund {Grant awarded by Scottish Land Fund). 12. Debtors 30109125 Trade debtors Olh8r debtors 3,784 10,504 14,288 Pago 21
Broughtonknowè Comrnuniiy Woodland Ltd Company limlted by guarantee Notes to tho financlal statements (contlnued) Porlod onded 30th September 2025 13. Cash and cash oqulvalents 30109125 Cash at bank and in hand 14.782 14. Crodltors: amounts falllng du8 withln one year 30109125 Accruals and defeTred income Other creditors 2,401 3,381 15. Govémmont grants 30109125 Government grants received or rec8ivable Released to the profil or loss 595,000 (594.020) At ond of year The amounts recognised in the financial statements for govemment grants are as follows.. 30109125 Recognised in creditors.. Deferred government grant due within one year 980 Income has been deferred until next year in order to match eXpdIture which wa5 prepaid during the period ended 30th September 2025. Page 22
Broughtonknowe Community Woodland Ltd Company Ilmited by guarantee Notes to thè flnan¢ial sL*ements l¢ontinued) Period onded 30th September 2025 16. Funds Balance at 30th Septombgr 2024 Balance at 30th Septembor 2025 Income Expèndlturo Transfer8 R•$trfcted funds: Scottish Land Fund Foundation Scotland - NGWFCF South of Scotland Enterwise Clydewindfarm SSE Various donations $94,020 9,134 141.000 25,000 18.360 18411 1590.128) 11901 3.051 1131.5001 (25.¢J)01 118,360} 9,500 Total restrlcted fund8 787,514 {1,031) {764.988) 21,495 Unrastricted funds: Unrestricted general funds Unrestricted desginaled funds 9,210 (2,8991 12,1171 181 767.105 4,194 767,097 9.210 12,g071 764.988 771.291 Total funds 796,724 {3,9381 792,786 Unmtri¢ted Funds The unrestricted genera1 funds represent Ihe free funds of the charity which are not deslgnated for particular purposes. Designated funds represents the net book value of red assets held at the period end as shown on the Balance Sheet. Restrlcted Fund8 Swttlsh Land Fund, Clyde Windfarm SSE and Various donatlons - Broughtonknowo Woodland Funds were received to a5SiSt Ihe purchase of Broughtonknowe Woodland and lo cover the costs of insurance. Foundatlon Scotland - Nadara Glonk•rle Wind Fami Community Fund Funds were received to provide for the Glenkerie project whi¢h consist of constructn of notice board, car park maintenance aNI the creation of a picnk shelter. South of Scotland Enterprlse- Shed Renovatlon Funds were received lo redevelop an existing agriltural shed which is present on the sile of the Woodland al Broughtonknowe. Transfor6 A sum of £767,105 ha5 been transferred to unrestricted designated funds. £764.988 transferred from restrlcted funds relating to the purchase of Broughlonknowe Woodland and £2,117 transferred from unrestricted geneal funds relating lo fixgd assets purchased. Pago 23
Broughtonknowe Community Woodland Ltd Company limited by guaranteo Not•s to the financial statements {¢ontinued) Porlod gndod 30th Septembèr 2025 17. Cash g•norated from operations Pèrfod ondèd 30109125 Cash Ilows from operating acUvltle8 Profit for the financial period Adjustments for." Depre¢iation of tangible assets Accru8d expensesllincome) 792.786 Changes in." Trade and other re1VableS Trade and other payables (14.288) 981 Cash generated from operations 781,887 18. Analysis of net assets botween fund8 Tangible Not Flxed Current Assets Assets Total unstrICted funds Restricted funds 767,097 4,194 21.495 771,291 21,495 Totsl funds 767,097 25,689 792.786 OF the total unrestricted funds of £771,291 held as al 30th September 2025, £767.097 are attritmjtable to designateil funds relating lo the purchase of Broughtonknowe Woodland and Bee-hbve. The remaining £4,194 of unrestricted funds is the balance which the charitable company can readily ulmise. 19. Rolated party transactions There were no relaled party transactions during the peritid. 20. Trust•es remunoration None of the trustees received any remuneration or benefrts durir@ the period. No expenses were reimbursed to trustees during the period. Pago 24