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Registration number: SC365499

Stow Community Trust Ltd
(A company limited by guarantee)
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Stow Community Trust Ltd

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 6

Stow Community Trust Ltd

Company Information

Chairman | G Murray

Directors | S Foster J D S Clarke A I Miller S Loudon R Thomson Mr T M Parnell

Company secretary | H A Corcoran

Registered office | Craigside Craigend Road Stow Galashiels TD1 2RJ

Accountants | Deans Accountants And Business Advisors Ltd 27 North Bridge Street Hawick Borders TD9 9BD

DEANS
Chartered Accountants
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Stow Community Trust Ltd for the Year Ended 30 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Stow Community Trust Ltd for the year ended 30 September 2025 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland (ICAS), we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/ethics/icas-code-of-ethics.

This report is made solely to the Board of Directors of Stow Community Trust Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Stow Community Trust Ltd and state those matters that we have agreed to state to the Board of Directors of Stow Community Trust Ltd, as a body, in this report in accordance with ICAS guidance (www.icas.com/accountsprep/guidance). To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stow Community Trust Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Stow Community Trust Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Stow Community Trust Ltd. You consider that Stow Community Trust Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Stow Community Trust Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Deans Accountants And Business Advisors Ltd
27 North Bridge Street
Hawick
Borders
TD9 9BD

8 April 2026

Stow Community Trust Ltd

(Registration number: SC365499)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 612,233 | 661,106
Current assets |  |  |
Cash at bank and in hand |  | 52,686 | 127,404
Creditors: Amounts falling due within one year | 5 | (400) | (3,776)
Net current assets |  | 52,286 | 123,628
Total assets less current liabilities |  | 664,519 | 784,734
Creditors: Amounts falling due after more than one year | 5 | (614,664) | (663,537)
Net assets |  | 49,855 | 121,197
Reserves |  |  |
Retained earnings |  | 49,855 | 121,197
Surplus |  | 49,855 | 121,197

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 April 2026 and signed on its behalf by:

......................................... S Foster Director

Stow Community Trust Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a company limited by guarantee, incorporated in Scotland, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Craigside
Craigend Road
Stow
Galashiels
TD1 2RJ

The principal place of business is:
Craigside
Craigend Road
Stow
Galashiels
TD1 2RJ

These financial statements were authorised for issue by the Board on 8 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Construction Costs | 20 Years Straight Line
Professional Fees | 20 Years Straight Line

Stow Community Trust Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Fit Out Fees | 3 Years Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of it’s liabilities.
Recognition and measurement
Where shares are issued, any component that creates, a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as an interest expenses in the profit and loss account.
Impairment
At the end of each reporting period financial instruments measured at fair value are assessed for objective evidence of impairment. The impairment loss is recognised in the profit and loss account.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2024 - 10).

Stow Community Trust Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Other tangible assets £ | Total £
Cost or valuation
At 1 October 2024 | 128,644 | 714,819 | 843,463
At 30 September 2025 | 128,644 | 714,819 | 843,463
Depreciation
At 1 October 2024 | 63,629 | 118,728 | 182,357
Charge for the year | 13,142 | 35,731 | 48,873
At 30 September 2025 | 76,771 | 154,459 | 231,230
Carrying amount
At 30 September 2025 | 51,873 | 560,360 | 612,233
At 30 September 2024 | 65,015 | 596,091 | 661,106

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Accruals and deferred income | 300 | -
Other creditors | 100 | 3,776
| 400 | 3,776

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Due after one year |  |
Other financial liabilities | 614,664 | 663,537

Type of Fund | 1 Oct 2024 £ | Released to Profit and Loss | 30 Sep 2025 £
Other | 37,665 | (3,500) | 34,165
Regeneration Capital Fund | 188,031 | (16,500) | 171,531
BluePrint | 156,888 | (12,500) | 144,388
Station Community Regeneration Fund | 76,659 | (7,000) | 69,659
Railway Heritage Trust | 204,294 | (9,373) | 194,921
| 663,537 | (48,873) | 614,664