Grassic Gibbon Centre Scottish Charity Number SC000826 Annual Report and Financial Statements For the year ending 31" August 2025 Trust¢es Annual Report for the )'ear ending 31° Augusi 2025 The Trustees have pleasure in presenting their report together with the financial statements and independent examinerf5 report forthe year ending 31 August 2025. Reference and Administrative Inforn]ation Charity Naine Gra55ic Gibbon Centre Charitv Number SC000826 Address Kirkton Farm, Arbuthnott, Laurencekirk AB30 INA Current T￿￿teeS MrAndrewJones Mrs Isabella Williamson Morag Adam Mr Chris Arbuthnott Nicola Watson Chair Secretarynreasurer Other Trustees during the N'ear None Structure Governance and Management Constituiion The Charity is a Company Limited by Shares and is governed by the Grassic Gibbon Centre's Memorandum and Articles whi-h was 3dopted in 1992. The Grassic Gibbon Centre was granted charitable status by the Inland Revenue on I, February 1990. Appointnient ot Trustees All trustees of the Grassic Gibbon Centre are appointed by Arbuthnott Community Enterprises or re-appointed by the members at the annual general meetin& which 15 held in November each year. i anagement The trustees are responsible for the strategic direction and governance of the Charity, whilst day-to-day running is delegated to the voluntary directors of the Grassic Gibbon Centre. The trustees are particularly aware of their responsibilities for Health and Safety and have in place comprehensive insurance for the building and its users. They also adhere to the regulations stipulated in Aberdeenshire Council's Public Entertainment License. Objectives and Activities Charitable Purposes Our purposes, as recorded in the Centre's memorandum and articles, is to promote the life and Wof k of Lewis Grassic Clibbor and provide local employment. This is achieved. in the main, through the maintenance and management of the Grassic Gibbon Centre and the development and sUPPOrt of attivities and groups utilising the building. Activitie Our main activity is to support the work of the Grassic Gibbon Centre Ltd which is a company limited by shares. a social enterprise which was established in 1992. The Centre was built adjacent to Arbuthnott Hall with which it shares toilet, store and kitchen facilities. Achievements & Performance In the year we have continued to SUPPOrt the Grassic Gibbon Centre ensuring the café is open regularly to allow visitors to view the exhibrtion on Lewis Grassic Gibbon. Trustee remwieration and ex￿nseS The trustees did not receive any remuneration or expenses during the year. Financial Oiierview As a result of having no fund raising activities during the year. the Grassic Gibbon Centre held unrestricted funds of £4602.65 at the year end. The committee considers this will enable them to continue for the coming year. ReseTh'es Polic), The Trustees do not have a reserves poliry as all funds are unrestrirted and can be used as required to undertake the objects of the Charity. Plans for the Future The trustees intend to continue 5UPPOrt.ing the Grassic Gibbon Centre in all their endeavor5. Approved by the Trustees and signed on their behalf I a.- Isabella Williamson - Treasurer Grassic Gibbon Centre Charity No: SC000826 Statement of Receipts and Payments for Year Ending 31st August 2025 Unreslrfcted Resthcted Funds FU￿1$ Total 2025 Note Total 2024 Receipts Donations Gift Aid 0.00 0.00 0.00 0.00 Total receipts 000 Payments Cost of Fund Raising 0.00 Cost of Charitable Activities.. 0.00 Govemance Costs". 0.00 Total Payments 0.00 0.00 Surplus] deficit for year 0.00 000 Grassic Gibbon Centre Charity No.. SC000826 Statement of Balances as at 31st August 2025 unrestri(￿ RestriGted FurN1s Fwxls Totsl 2025 Total 2024 Funds Reconclllation Cash at Bank & In Hand on 311W2(r24 Surplusl Ideficitl for year 4602.65 4,602.66 4.602.65 Cash at Bank & In HarKI on 31108r21T25 48 .65 4602.65 Bank & Cash Balances Bank Curnenl A￿ount 4.602.65 4,602.65 4.602.65 4,602.65 Other Assets IUnr8strfcted Fund) 0.00 Uabllltl8s {Unrgstrlctsd Fund} 0.00 0.00 Al funds are unrestricted Approved by the Truste88 on 03111r2025 and signed on their bghalf by:_ Grassic Gibbon Centre Notes to the Accounts for Year Ending 31st August 2025 Basis of Accounting These accounts have been prepared on the Receipts & Payments basis in accordance with the Charitie5 & Trustees Investment l)collapdl Act 2005 ¢nrf the Charities Accounts {Scollandl Regulations 20{￿ (as amended). Nature and Purpose of Funds Unrestricted funds are those that may be used at the discretion of the trustees in the futherance of the objects of the charity. Related Party Transactions No renumeotion has been paid to the Trustees or to any connected person during the year. 12024. Nil} Grants Received No grants have been receNed in the year.12024." Nil) Donations Recgivod No Donations have been received in the year. {2024." Nil) Grants & Donations Made No grants or donats.ons have been made from this account during the year.12024". Nil) Governance Costs There have been no govemance costs during the year.12024." Nil) Transfers Bètween Accounts The￿ have been no transfers belween accounts during the year.12024". Nil) Independent Examiner s Report For the Year Ended 31 ' August 2025 Independent ExamÉner s Report to the Trustees of Grassic Gibbon Centre I report on the financial Statements of the charity forthe year ended 31, August 2025 which are set out on pages 6 and 7. RespectiN'e responsibiliiies of trusiees and e.xaminer The charit(s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustees Investment Iscotlandl Act 20051"the 2005 Act") and the Charities Accounts (Scotlandl Regulations 2006 las amended) I'the 2006 Regulations"). The charit¢s trustees consider that the audit requirement of regulation 10111 Idl of the 2006 Regulation5 does not apply. It is my responsibility to examine the accounts as required under section 4411) Icl of the 2005 Art and to state whether particular matters have come to mv attention. Basis of independeni e.xaminer s statemeni My examination is carried out in accordance with Re8ulation 11 of the 2006 Regulations. An examination includes a review of the accounting records kept by the charity and 3 comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the account and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all evidpnce that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independeni examiner s sTrtemeni In the course of my examination, no matter has come to my attention which gives me reasonable cause to believe that, in any material respect, the requirements= to keep accounting records in accordance with Section 4411) (al of the 2005 Act and Regulation 4 of the 2006 Regulations, and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2QMJ6 Regulations have not been met, or to which, in my opinion. attention should be drawn in orderto enable a proper understanding Dfthe accounts to be reached. D K McFarlane Auditor IRetiredl Date 43 Grangehill Drive Monifeith Dundee DD5 4RR