FALKLAND STEWARDSHIP TRUST

• ⚠

  Material uncertainty over going concern

  We draw your attention to the going concern paragraph in the notes to the financial statements which highlights that the charity does not have sufficient reserves to cover operating costs for 12 months from the signing date, as well as not having any significant confirmed future income. This position gives rise to material uncertainty as to the charity's ability to continue as a going concern in the 2025/26 financial period.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PB Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw your attention to the going concern paragraph in the notes to the financial statements which highlights that the charity does not have sufficient reserves to cover operating costs for 12 months from the signing date, as well as not having any significant confirmed future income. This position gives rise to material uncertainty as to the charity's ability to continue as a going concern in the 2025/26 financial period.”

Group structure

1. FALKLAND STEWARDSHIP TRUST · parent
   1. FST Enterprises Limited 100% · Scotland · provision of wedding and events

Significant events

• “Falkland Stewardship Trust was formerly known as Falkland Heritage Trust (FHT).”
• “The Learning Programme, a funded programme of work from the Robertson Trust, is now complete.”
• “Field of Learning work is currently on hold whilst next steps are considered / assessed.”
• “Continued Community Archaeology excavation on East Lomond in partnership with Aberdeen University.”
• “A well-attended conservation group continues to run weekly.”
• “Moncrieff House (purchased following generous gifts) opened for lettings early in the year.”
• “The second annual GO Falkland event focused on Regenerative Farming, Forestry & Food was delivered.”
• “The Trust continued to work with the local community and Falkland Estate Trust to consider the future ownership structure of the estate.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +6.1%

  £499,344 → £529,816

• Cash

  -16.8%

  £255,184 → £212,436

• Net assets

  -18.6%

  £530,373 → £431,805

• Employees

  +7.7%

  13 → 14

• Profit before tax

  +57.9%

  -£234,047 → -£98,568

• Wages

  -7.5%

  £222,663 → £205,948

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers