Lar8s & District Museum & Historical Society SCIKJ1454 ISCIOI LARGS AND DisfRicf MUSEUM AND HisfoRICAL SOCIETY Scottish Charitable Incorporated Organisation No. SC(X)1454 Receipt and Payment Accounts for the year ended 28th February 2025
Largs & Di5trirt Museum & Histori(al ScKiety SC(J)14541scK)) Reference and admlnistratlve Informatlon Charity Name: Largs and District Museum and Historical Society Charity Registration No: SC(X)1454 Address: Kirkgate House, Manse Court, Largs, KA30 8AW Contact name.. Christine Thomas Trustees: Independent Examine Pearson. Bone & Co 6 Waterside Street Largs KA30 9LN Bankers: Bank of Scotland Main Street, Largs KA30
Lar8s & District Musethn & Historical Soc SC(X)1454 (SC} STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document The Charity changed its ststus from an Incorporated Charity and Company Limited by Guarantee to a Scottish Charitsble Incorporated Organisation {SCIO) th on 8 June 2023. The charity is governed by a Constitution updated at the time of converting to a SCIO and regularly reviewed. Recrultment and Appointment of Trustees Any current member of the Society is eligible to stsnd for election as a Trustee. All Trustees have to stsnd down at each Annual General Meeting but are eligible to re-stand for election. The office bearers of the Charity a appointed at the Annual General Meeting or by the Trustees at a meeting following the Annual General Meeting if this is not possible at that meeting. Organisation Structure The Charity Executive Committee meets regularly to conduct the affairs of the Charity. Objectives and Activiknes The Charity owns the Largs Museum building and aims to promote the history of Largs and the local area through exhibitions at the Museum and by other means such as presentations, meetings with invited speakers . providing information and liaising with other local organisations, local schools and other youth organisations. The Charity maintsins a website and Facebook page which are regularly updated. The Museum is staffed by wholly unpaid volunteers. Currently there are 58 members. The Museum is normally open for 3 hours over 4 days per week from April to September with special visits available outwith these times. The Museum is free to all and the Charity depends on donations, grants and fundraising to operate the Charity and maintain the Museum building in good repair. The Museum is also a keyholder for the Skelmorlie Aisle, a scheduled monument in the Largs Graveyard. which is under the guardianship of Historic Environment Scotland and the Museum receives payment for this service. Achievements and Perfornian During the financial year March 2024 to February 2025, the Museum was able to welcome visitors 12 hours each week, consisting of 3 hours per day Thursday to Sunday inclusive. Some of the exhibits available to view were the history of Barrfields Theatre. a display on geological artefacts found localty. information
Largs & District Musem & Historical Soc SC(1454 (SCK) on Sir Thomas Brisbane, information panels on the villages of Fairlie and Skelmorlie, a display reflecting the 70 anniversary of the D Day landings including infomiation on some of the people on local War monuments and information on some local Italian families who were interned and various historical artefacts on things of local interest in the Largs area. The Museum also has an extensive amount of research materials and there is a small research area in the Museum which people are able to use. Following recent grant awards the Museum was able to buy a variety of equipment to enhance the factlities the Museum offers, including a digital microfilm scanner to allow it to make available its extensive collection of films of the local newspaper, "The Largs and Millport Weekly News". A grant from the Kelburn Windfarm Project has enabled the Museum to carry out qUired repairs to the outside w311 of the Museum and extend our disabled access ramp. As a result of us applying to become an accredited Museum we We able to apply for and obtain a grant to enable us to purchase archival storage materials. This has allowed us to carry out work to re-pack our archival materials. We have also started the process to apply for accditation and are grateful t of North Ayrshire Council who has agreed to be our mentor. Financial Review At the end of February 2025 the accounts showed total Receipts of £18,394 (2024: £13.948) and total Payments of £16.294 (2024: £11.044) resulting in surplus of £2.1(K) (2024: £2,904) which includes Restricted funds. Unrestricted Receipts of £10,976 include increases in membership subscriptions, donations and fundraising income from coffee morning and sale of surplus books. The Charity received £2.986 from Historic Environment Scotland for holding the keys for the Skelmorlie Aisle. The Charity is also grateful to North Ayrshire Council for grants of £l.(KX). In addition £5,000 was received as a grant from the Kelburn Windfarm Trust and £2.418 from Museums & Galleries Scotland for the purchase of storage materials. Income from use of the premises was slightty more than 2024 at £484. Unrestricted Payments for the yearto February 2025 were £7,981 (2023: £14,527). Payments for Electricity and Telephone (Broadbandl were reduced. Website costs include monthly payments to lonos for website cover. General expenses and Affiliation fees have redUd - we no longer have to pay a
Largs & District Museum & Historical SC(K)1454 ISCIO) subscription to Visit Scotland. Insuran has InCaSed to £1,025. Premises costs include new blind, waste removal, repair to roof, picture hanging kit and repair to door. It also includes the £500 excess for costs incurred from Kelburn Windfarm Trust grant. The Museum has an arrdngement with a few authors to sell their books with payment less a donation to the Museum being passed on. This amounted to £118. Equipment costs of £150 include purchase of a camera and some digitisation equipment not covered by grant. Restricted Funds include receipt and payment of £5.000 grant from Kelburn Windfarm Trust to cover repairs to Museum walls and extension of disabled ramp. receipt and payment of £2,418 grant from Museum & Galleries Scotland for preservation materials and safe. In addition the balance remaining of £895 received from the NAC Locality & UKSPF Participatory Budgeting Fund was spent on digitisation equipment. There is now a zero balance in our Restricted Fund. Reserves Pollcy The Charity's funds are kept in a Bank of Scotland account and the balance on 28 February 2025 was £10.056. Of this amount, the Trustees have designated £1.{ for the purchase of books. OF the balance. £2,CrfXI are set aside as reserves- this represents three months expenditure. ststement of Ttste Responslbiliths The Trustees are responsible for ensuring that proper accounting records which reflect an accurate view of the Charity's financial situation are kept and that financial statements, independently examined, are produced each year, are approved by the Trustees and a submitted to the Office of Scottish Charity Records (OSCR) timeously. Records must comply with the Charities and Trustee Investment (Scotland) At 2005 and the Charities Accounts (Scotland) Regulations 2(K16 {as amended). The Trustees are also responsible for safeguarding the assets of the Charity and must take reasonable steps for the prevention arKl/or detettion of fraud and other irregularities. d signed on their behalf: Chair Date .. 2*15/.....................-.......-....-...........
iargs & Distrirt Museurn & Hi5toiical S(Kiety SC(K11454 {5CIO) Unrestricted Funds 2025 Restrirted Total Tota I Funds 2025 2024 2025 RECEIPTS Membership subscriptions NAC grants Use of premises Donations HES payment for keyholding Car boot sale Sale of books Miscellaneous income Coffee morning Total Receipts 825 825 520 8,418 1.485 458 2,974 2.135 2.986 6,155 240 1.732 1.574 87 888 1381 18.394 13,948 7.418 2.974 2.986 1.732 87 10.976 7.418 PAYMENTS Electricity Telephone Website costs Printing/stationery General expenses Insurance Affiliation fees Premises costs Repayment retail books Preservation materials Equipment Totsi Payments Surplus1(deficit) for the year 2,924 451 496 212 454 1.025 20 2,080 5,(XX) 118 51 2.418 150 895 2,924 3,192 451 1,425 496 212 39 454 639 1.025 877 20 214 7,080 4.228 118 2,469 16 294 11044 2100 2904 895 STATEMENf OF &4LANCES Bank balance brought forwdrd Surplus/(deficit) Bank balance carried forward 7,061 2,995 10,056 7.956 5.052 2,1 2,904 10,056 7,956 {895} Theac by the Trustees on pili£c 2025. np. ned. Chair Treasurer
iargs & District Museum & Historical Souety SCIX11454 ISCK)) NOTESTO THE ACCOUNTS I. BASIS OF ACCOUNTING These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act, 2005 and the Charities Accounts (Scotland) Regulations 2006 {as amended). 2. INVESTMENTS The Charity has no investments. All funds are deposited in the Charity's Bank of Scotland Account. 3. FUNDS UNRESTRICTED FUND- For 8eneral expenditure. RESTRICTED FUND- Contains the amounts of grants received from various bodies. ENDOWMENT FUND-The Charity has no Endowment Funds. 4. TRusfEE REMUNERATION No Trustees received any remuneration from the Charity. The Trustees agreed that the sale of surplus books from the Charity would be carried out through McLaren Books, a business owned by one of the Trustees.
Larg5 & District Museum & HistorKal Society SCm454 (SCIO) INDEPENDENT EXAMINER'S REPORTTOTHETRUSTEES OF LARGSAND DisTricf MUSEUM AND HisfoRICAL soaErY I report on the accounts of the Charity for the year ended 28th February 2025 which are set aut on Pages 6 and 7. Respective responsibilities of Trustees and Examlner The CharrtWs Trustees are responsible for the prePatIOn of the accounts in accordance with the terms of the Charities and Trustees Investment {Scotland) Act 21XJ5 and the Chartties Accounts Iscotland) Resulation5 2(K)6 (a5 arnendedl. The Charity Trustees consider that the audlt requirement of Re£ulation 10111 Idl of the Acccounts Regulations does not apply. ft is my responsibility to examine the accounts as required under section 44{1) t of the Act and to state whether particular matters have come to myattention. Basis of Independent Examiner's Statement y examination is carried out in acLrsrdance with Regulation 11 of the Charityes Accounts (Scotlandl Re8ulations 2(M)6 {as amended}. An examination includes a revlew of the accounting records kept bythe Ch31ity and a comparison of the accounts presented with those records. It also includes conslderation of any unusual items or disc105ures in the accounts and seeks explan3twon5 from the Trurtees concerning ary 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 audlt opinion on the view gnven by the acojunts. Independent Examlner's Statement In the course of rny examination no matter has come to my attention (otherthan disdosed below I whlch gives me reasonable cause to believe that in any material respett the requirements". To keep accountin8 records in accordance with Section 44{11(a) of the 2005 Act and Regulation 4 of the 2LK6 Accounts Regulattons las afflended), and To prepare accounts vAiich accord with the accounting records and comply with Regulation 9 of the 26 Accounts Regulations {as amended) have not been met, or to which, in my opinion, attention should be drawn in order to enable a proper underrtanding ofthe accourts to be reathed. Signed ..... earson one 6 Waterside Street Largs, KA30 9LN