Charity registration number SC015508 (Scotland)
Company registration number SC122369 (Scotland)
DUMFRIES AND GALLOWAY CARE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
DUMFRIES AND GALLOWAY CARE TRUST
CONTENTS
Page
Trustees' report
1 - 6
Independent examiner's report
7
Statement of financial activities
8
Statement of financial position
9
Notes to the financial statements
10 - 17
DUMFRIES AND GALLOWAY CARE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs P Howcroft
Mr G Howcroft
Mr K Brown
Mr G Hawthorn
Mr C Brown
(Appointed 1 August 2025)
Charity number (Scotland)
SC015508
Company number
SC122369
Registered office
78 Brooms Road
Dumfries
DG1 2LA
Independent examiner
Jennifer McDairmant FCA
26 High Street
Annan
Dumfries & Galloway
DG12 6AJ
DUMFRIES AND GALLOWAY CARE TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2026
- 1 -

The trustees present their annual report and financial statements for the year ended 31 March 2026.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)

Objectives and activities

The Trustees’ objectives during the year were to:

Our principal activities continue to focus on practical projects that enable participants to learn through real work within their local community.

These include:

The purpose of D&G Care Trust is to improve the quality of life, health, wellbeing, independence and social inclusion of adults aged 16 and over with additional support needs by providing meaningful day opportunities, practical work experience, skills development and community participation.

The charity aims to enable people to develop confidence, independence and life skills within supportive environments where every individual is valued and encouraged to achieve their potential.

DUMFRIES AND GALLOWAY CARE TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
Achievements and performance

The Trustees are pleased to report another positive year of development.

During the year the charity continued to provide practical day opportunities for adults with additional support needs through its community gardening project.

Participants remained actively involved in providing gardening and grounds maintenance services throughout Dumfries and Galloway while developing practical skills, teamwork, confidence and independence.

The Board continued to invest significant time in planning the future development of the charity and identifying opportunities to expand services.

 

 

Partnership Working

One of the most significant achievements during the year has been the continued development of a positive working relationship with NHS Dumfries and Galloway.

The Trustees have worked collaboratively with NHS colleagues to progress plans for the proposed relocation of the charity to Mountainhall Bungalow.

This partnership represents a major milestone in the development of the organisation and reflects a shared commitment to improving opportunities for adults with additional support needs within Dumfries and Galloway.

The Trustees are extremely grateful for the support and engagement shown by NHS Dumfries and Galloway and look forward to strengthening this partnership over the coming years.

Future Development – Mountainhall Bungalow

The proposed move to Mountainhall Bungalow represents one of the most exciting developments in the history of the charity.

The Trustees believe the new premises will provide a permanent, accessible base from which services can continue to expand and diversify.

The site will allow the charity to increase participation, improve facilities and develop new projects designed around the interests and aspirations of those attending.

The move will also provide improved indoor and outdoor learning environments, enhanced accessibility and opportunities to build stronger links with local organisations and healthcare partners.

DUMFRIES AND GALLOWAY CARE TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -

New Polytunnel Project

Planning has progressed during the year for the establishment of a purpose-built polytunnel and horticultural training project.

The project will provide opportunities for participants to:

The Trustees anticipate that this project will become an important part of the charity’s future programme and create opportunities for community engagement and social enterprise.

Woodwork Project

Plans have also progressed for the creation of a dedicated woodwork workshop.

The workshop will provide supervised opportunities for participants to develop practical woodworking skills while producing a range of quality products.

Items are expected to include:

The Trustees believe the workshop will offer valuable vocational learning opportunities while generating income that can be reinvested into charitable activities.

Volunteers

The Trustees recognise the valuable contribution made by volunteers throughout the year.

Volunteer support continues to play an important role in helping deliver activities and supporting participants.

The Board wishes to record its sincere appreciation for the commitment shown by all volunteers.

Financial review

The results for the year are set out on page 5. The charity received funding of £88,300 from Dumfries and Galloway Council, Other incoming resources amounted to £70,113. Total resources expended amounted to £165,989. The overall deficit for the year was £7,576.

The Trustees recognise the importance of maintaining adequate unrestricted reserves.

The purpose of these reserves is to:

The Board reviews the reserves policy annually.

DUMFRIES AND GALLOWAY CARE TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -

The Trustees regularly review the risks facing the charity.

Key risks include:

Appropriate policies, procedures and monitoring arrangements are in place to manage these risks.

The Trustees have developed an ambitious strategic vision for the coming years.

The primary objective is to establish Mountainhall Bungalow as a vibrant community hub offering three integrated practical projects:

The Board’s aspiration is to provide opportunities for up to 15 participants each day, allowing individuals to choose activities that reflect their interests, abilities and personal goals.

Future priorities include:

The Trustees believe these developments will significantly increase the positive impact the charity has within Dumfries and Galloway and will provide many more adults with additional support needs the opportunity to develop skills, independence, confidence and friendships within supportive community environments.

Structure, governance and management

The charity is a charitable company limited by guarantee, established under a Memorandum of Association, which detailed the objects and powers of the charity and is governed under it's Articles of Association.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mrs P Howcroft
Mr G Howcroft
Mr K Brown
Ms J Clark
(Resigned 1 August 2025)
DUMFRIES AND GALLOWAY CARE TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
Mr G Hawthorn
Mr C Brown
(Appointed 1 August 2025)

None of the trustees have any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute 1 pound in the event of a winding up.

 

The management board, who are also the Trustees, normally meets on a monthly basis. Membership is open to any person 16 + who subscribes to the purposes of the organisation.

Members of the organisation can stand for election of the board.

 

The Trustees are responsible for the governance and strategic direction of the Care Trust. The day-to-day running of the organisation lies with the manager and 3 members of staff, who are all paid employees.

Trustees and staff meet on a regular basis to discuss the ongoing development of the Care Trust including service users and their feedback and ideas.

Trustees and staff are fully aware of their ongoing responsibilities regarding Safeguarding, Health & Safety and financial stability. The attendees are given health & safety talks by staff at the start of each day.

The Care Trust has comprehensive insurance cover, all members of staff and volunteers have disclosure checks carried out under the PVG Scheme prior to starting work at the Care Trust. Staff are all first-aid trained and ongoing training is in place.

 

All new board members attend an induction training session to help familiarise themselves with the work of the Care trust.

On-going training is provided.

 

DUMFRIES AND GALLOWAY CARE TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -

The trustees' report was approved by the Board of Trustees.

Mrs P Howcroft
Trustee
Dated: 12 August 2026
DUMFRIES AND GALLOWAY CARE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF DUMFRIES AND GALLOWAY CARE TRUST
- 7 -

I report on the financial statements of the charity for the year ended 31 March 2026, which are set out on pages 8 to 17.

Respective responsibilities of trustees and examiner

The charity’s trustees, who are also the directors of Dumfries and Galloway Care Trust for the purposes of company law, are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investments (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial statements 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 statement

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking 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 I do not express an audit opinion on the view given by the financial statements.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(a)
which gives me reasonable cause to believe that in any material respect the requirements:
(i)

to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and

(ii)

to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations;

have not been met or
(b)

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

Jennifer McDairmant FCA
Saint & Co Chartered Accountants
Independent Examiner
26 High Street
Annan
Dumfries & Galloway
DG12 6AJ
Dated: 12 August 2026
DUMFRIES AND GALLOWAY CARE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2026
2026
2026
2025
2025
2025
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
4
40,080
117,887
157,967
30,000
126,008
156,008
Charitable activities
3
-
-
-
38
-
38
Investments
5
-
446
446
-
968
968
Total income
40,080
118,333
158,413
30,038
126,976
157,014
Expenditure on:
Charitable activities
6
-
165,989
165,989
-
152,133
152,133
Other expenditure
11
-
-
-
-
1,521
1,521
Total expenditure
-
165,989
165,989
-
153,654
153,654
Net income/(expenditure)
40,080
(47,656)
(7,576)
30,038
(26,678)
3,360
Transfers between funds
(47,700)
47,700
-
(26,300)
26,300
-
Net movement in funds
7
(7,620)
44
(7,576)
3,738
(378)
3,360
Reconciliation of funds:
Fund balances at 1 April 2025
49,374
165
49,539
45,636
543
46,179
Fund balances at 31 March 2026
41,754
209
41,963
49,374
165
49,539

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

DUMFRIES AND GALLOWAY CARE TRUST
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2026
31 March 2026
- 9 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
13
17,523
19,428
Current assets
Cash at bank and in hand
28,595
32,316
Creditors: amounts falling due within one year
14
(4,155)
(2,205)
Net current assets
24,440
30,111
Total assets less current liabilities
41,963
49,539
The funds of the charity
Restricted income funds
16
209
165
Unrestricted funds
17
41,754
49,374
41,963
49,539

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2026.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 12 August 2026
Mrs P Howcroft
Trustee
DUMFRIES AND GALLOWAY CARE TRUST
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 10 -
1
Accounting policies
Charity information

Dumfries and Galloway Care Trust is a private company limited by guarantee incorporated in Scotland. The registered office is 78 Brooms Road, Dumfries, DG1 2LA.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
DUMFRIES AND GALLOWAY CARE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 11 -

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

 

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings
4% straight line
Plant and equipment
33% straight line
Fixtures and fittings
15% straight line
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.6
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.7
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

DUMFRIES AND GALLOWAY CARE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 12 -
Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.8
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2026
2025
£
£
Charitable activities
Scrap metal
-
38
DUMFRIES AND GALLOWAY CARE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 13 -
4
Income
Unrestricted
Restricted
Total
Total
funds
funds
2026
2025
£
£
£
£
Donations and gifts
40,080
-
40,080
30,000
Dumfries and Galloway Council grants
-
88,300
88,300
88,300
Forestry and gardening income
-
29,587
29,587
37,708
40,080
117,887
157,967
156,008
For the year ended 31 March 2025
30,000
126,008
156,008
5
Income from investments
Restricted
Restricted
funds
funds
2026
2025
£
£
Interest receivable
446
968
DUMFRIES AND GALLOWAY CARE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 14 -
6
Charitable activities
2026
2025
£
£
Staff costs
103,978
90,248
Depreciation and impairment
7,118
8,482
Small tools and equipment
1,792
1,274
Repairs and renewals
8,084
4,429
Protective clothing
224
1,353
Motor expenses
11,496
11,742
Telephone
259
220
Fundraising costs
1,650
850
134,601
118,598
Share of support costs (see note 8)
30,908
33,055
Share of governance costs (see note 8)
480
480
165,989
152,133
Analysis by fund
Restricted funds
165,989
165,989
For the year ended 31 March 2025
Restricted funds
152,133
152,133
7
Net movement in funds
2026
2025
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
1,950
1,950
Depreciation of owned tangible fixed assets
7,118
8,482
Loss on disposal of tangible fixed assets
-
1,521
DUMFRIES AND GALLOWAY CARE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 15 -
8
Support costs
Support costs
Governance costs
2026
2025
Basis of allocation
£
£
£
£
Staff costs
24,256
-
24,256
24,256
Heat & light
2,277
-
2,277
2,070
Motor expenses
200
-
200
200
Telephone
330
-
330
330
Stationery
2,375
-
2,375
4,729
Accountancy
1,470
-
1,470
1,470
Consultancy
1,800
-
1,800
-
Accountancy
-
480
480
480
Governance
32,526
480
33,006
33,535
Analysed between
Charitable activities
30,908
480
31,388
33,535
9
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
10
Employees

The average monthly number of employees during the year was:

2026
2025
Number
Number
4
4
Employment costs
2026
2025
£
£
Wages and salaries
99,785
92,839
Social security costs
25,186
18,502
Other pension costs
3,263
3,163
128,234
114,504
There were no employees whose annual remuneration was more than £60,000.
DUMFRIES AND GALLOWAY CARE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 16 -
11
Other expenditure
Restricted
Restricted
funds
funds
2026
2025
£
£
Net loss on disposal of tangible fixed assets
-
1,521
12
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

13
Tangible fixed assets
Land and buildings
Plant and equipment
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 April 2025
110,301
131,167
6,012
117,743
365,223
Additions
-
5,213
-
-
5,213
At 31 March 2026
110,301
136,380
6,012
117,743
370,436
Depreciation and impairment
At 1 April 2025
110,301
130,279
5,990
99,225
345,795
Depreciation charged in the year
-
2,475
14
4,629
7,118
At 31 March 2026
110,301
132,754
6,004
103,854
352,913
Carrying amount
At 31 March 2026
-
3,626
8
13,889
17,523
At 31 March 2025
-
888
22
18,518
19,428

 

14
Creditors: amounts falling due within one year
2026
2025
£
£
Accruals and deferred income
4,155
2,205
DUMFRIES AND GALLOWAY CARE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 17 -
15
Retirement benefit schemes
2026
2025
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
3,263
2,801

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

16
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April 2025
Incoming resources
Resources expended
Transfers
At 31 March 2026
£
£
£
£
£
165
118,333
(165,989)
47,700
209
Previous year:
At 1 April 2024
Incoming resources
Resources expended
Transfers
At 31 March 2025
£
£
£
£
£
543
126,976
(153,654)
26,300
165
17
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2025
Incoming resources
Transfers
At 31 March 2026
£
£
£
£
General funds
49,374
40,080
(47,700)
41,754
Previous year:
At 1 April 2024
Incoming resources
Transfers
At 31 March 2025
£
£
£
£
General funds
45,636
30,038
(26,300)
49,374
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