Maxwell Memorial Hall, Terregles Scottish Charity No – SCO10065 Annual Report and Financial Statements For the year ended 28 February 2026 ## Trustees Annual Report ## For the year ended 28 February 2026 The trustees have pleasure in presenting their report together with the financial statements for the year ended 28 February 2026. ## Reference and Administrative Information **Charity Name:-** Maxwell Memorial Hall, Terregles **Charity Registration Number:-** SCO10065 **Contact Address:-** The Treasurer 7 Valleyfield Park Terregles Dumfries DG2 9RA ## **Trustees:** George King Patrick Cherry Muir Hunter ## **Management Committee:** Russell Williamson Shirley Parker Ann Walsh Gary Peacock Sheila Clingan Roy Henderson Margaret Laurie ## **Principal Office-bearers** Chair:Russell Williamson Treasurer:Russell Williamson Secretary:Ann Walsh ## **Independent Examiner** ## **Bankers** Susan Howes FCCA TSB SSCC Fellow Chartered Certified Accountant TSB PO Box 373 Ellisford Leeds Kirkcudbright LS14 9GQ DG6 4TB ## Structure, Governance and Management ## **Constitution/Governing Document** Maxwell Memorial Hall, Terregles has been a registered charity since 1918. It is administered in accordance with the Deed of Trust, 1906, and the Management Committee Constitution which was updated in 2010. ## **Recruitment and Appointment of Trustees** Maxwell Memorial Hall was, in 1906, gifted in perpetuity for use as a parish hall by Mrs Lucy Lloyd as a memorial to her husband Captain Alfred Peter Constable Maxwell of Terregles. Trustees appointed in the deed of trust to hold the land or property on behalf of the trust. The Trustees are non beneficiaries of the Trust as individuals, but act in a fiduciary capacity only and are unpaid volunteers and have no personal financial interest in the Trust or the Trust Funds. In accordance with the deed a Management Committee were appointed to manage the day to day running and maintenance of the hall on behalf of the Trustees. The Management Committee of Maxwell Memorial Hall has its own bank account to manage the running of the hall and the fundraising to achieve this. They are recruited and voted onto the Management Committee at the Annual General Meeting. ## **Objectives and Activities** To promote active citizenship within the parish of Terregles and surrounding areas and to provide safe and secure facilities in the interest of social welfare for recreational, leisure, social and educational activities, and such other activities that may be deemed acceptable to the committee. To maintain and manage the hall for furtherance of the above activities. The committee shall not be political, sectarian, or discriminatory in its practice. The committee shall have power, with the trustees’ approval, to affiliate to other organisations with similar objectives. ## **Activities** Terregles Community Council meetings, Terregles SWI meetings, Badminton games being used by local families, Family functions, Weddings, Dumfries & Nithsdale Pony Club Meetings & Events, Annual Terregles Flower Show, Dumfries & Galloway Burns Association, Craft Club, Private hires. Church Xmas Mince Pies & Coffee, Church Big Breakfast, Hall Committee Fundraising Events - Christmas Coffee Morning & Annual Burns Supper. ## **Financial Review** Our main source of income is from the fundraising events, planned and provided by the Management Committee, along with the hall rentals to various groups and private rentals. Reserves Pollcy Funds are held in trust by the Trustees. The Management Commrttee's remit indudes raising funds for the day to day management requirements of the hall. Any larg8 developmenv maintenance needs are subject to speciFic fundraising and grant applications. Plans for Future Period The Management Committee and Tmstees have managed to acquire grant funding over r6¢ent years to upgrade the hall to a gocwJ stsndard For the immediate future, fundraising and events are planned in line with covering the running costs of the hall, increasing community involvemerrt and ensuring adequate fvnding for any future maintenance issu8S for ttie hall. As Chair, l thank the Trusteesimanagement Commrttee for their hard work and commitment over the last year. Approved by the Trusteesll*Aanagement Committee and signed on their behalf. Russell Willlam$on Mulr Hunter Chalr of Manage ent Commlttee Trustee LJHIUL Date: 2f May 2026 Date: 2* May 2028 Independent Examlnerfs Rgport to thfr Tn*to•s of IAax**ll Plgmorial Hall, Terregle$ Charity number SCO10065 I rekKJrt on Ihe a¢￿Unts oflhe chatrty for the year 28 February 2￿26 which are set out on the attathed 2 pages. Respective r8spon¥ibilities of tntst•es and examiner The charity's trustees a￿ responslble for the preparalM)n of the accounts in accordance wrth the lemis ofthe Charities and Trustee Inveslmenl {ScO￿and) Act 2005 and the Charitres Accounts Iscotiand) Regulalions 2006 The tharity trustees ¢onsider that the a￿tht rryirwrffjnt of Regutstion 10111 Idl of the Accounts Regulalh)ns does not apFty. 11 my res￿￿$1￿1"11ty to exafftine the accounts as required under sectbon 44(1) Icl of the Act and to state w￿tI￿ particular mattefs h8ve com8 lo my attention. 8a81# of •nd•pond•nt •xamln•V• st8t•m•nt My examination Is carr** out in accxjidance with Regulation 1101 the ChaTth"es Accounts (Scollandl Regulations 2(*J6 An eKam¢rth"on includes 8 ofthe ￿)un￿ng records kept by the chaftty ar￿ 8 cx)mpafison of the &counls Present￿ those T9￿rds. 11 al60 n¢lud8s ¢C￿s￿le13t1on olany unusual items or disclosures in the accounts. and seeks explanakns from the trustees conceming any s￿h matter¥. procedures undertaken do not provide all the evidence that would be wulr￿1 in an audit. 8nd consequenlty I do not express an a￿j11 opinion the vkny gNen by tho xcounts. Ind¢p¢nd¢nt •x•mIn•￿¥ $tstsm•nt In the course ol my examination, mthr has ecrn to nyy attenlion 1. which gNes rr¢ re8K￿&b￿ c¥u¥e to believe that in any rr*t8rial resrect the requlrements.. • to keep accounting T￿0￿S in accordance wilh Se(*on 44{1) la) of the 2005 Acl arKI Regulation 4 of the 2CKJ6 Acc(yJnts Regulations, and . lo prepare accounts which accord wlth the a¢￿)untr.n9 rec¥Jrds and fJ)mpty vthh Regulallon 9 of tho 2006 Aceounts Regulat￿$ have not keen mel. or 2. to whlch, In my opinion. attentKm 8tKMJld df8¥m in order to enfib￿ a pmper un¢Jerslanding of the actounts to t* reached. Susan Howes FCCA FelltN Chortered Cerb'fied Accountsnt Ellisford. Kirkcudbrighl, DG6 4TB Date.. 20 M8y 2026 RECEIPTS AJ4D PAYME1￿ ACC FOR THE YEAR ENDED 28Th FEBRUARY 2028 Funds Total Funds Hall Rents 1,725.75 1.725.75 1.735.CK> Events 8ar Raffle 2.139.40 2.139.40 2.801. 573.¢XI 19B. 224.CX) 224.rAJ ves DThiidend Income 241.IX) 241.th) 184.73 NIchol￿n TruBt Ttsrregles CC Gernergl don&tlon$ Ro81ise part gain on In¥e8tment8 190.(M) 29).fy) 1￿.¢Xl 298.thj TOTAL RECESPT8 4109.75 5.359.75 5,961.33 Evanls 1,578.C 269.48 1,578.09 1.577.70 267.85 Raffle Oon8ty'oDS nnln Heat and Light Insurance Propety repatrg Printing a Stationery Sundry Expènses LicetKe Fee 1.845.71 1.845.71 1.198.67 835 86 461.46 1.016.76 1.016.76 SO.87 3￿.87 0.00 eman Accountancy 125.IXI 125.tK) 125.00 TOTAL EXPENDITURE 5.752.53 250 fA) 6.(KY2.53 4,486.S4 Surplus for t￿ ytsr 442.78 44178 1 614.79 MAXWELL MEMORIAL HALL TERREGL Scottish iStered Cha No SC010 TATEIIENT OF BALANCES Assets Investments- At cost 20.500.00 20.500.00 8•nk and ¢a$h In Hand Opaning Balanc8S 5.758.24 4.243.45 SU¥F4us￿￿Ch for the year -842.78 1.541.79 5.115.46 5,785.24 Cbsing BalarKes 25615.48 26 285.24 Revrv Geneial Funds Restncted Funds Investsnenls- At cost S.115.46Nots 1 OOONote2 20.500.00 Note 3 5,758 24 0.00 20.500.CKI Closing Balanc8s 25615.46 26 258.24 Nots• 1 Gertéral Funds are unre#tri(thl funds 3 Market value of inVeStr￿ at 28 F£bn￿ry 2026 was £49,934.12 Mafket value of investments at 28 February 2025 vas £40,084.75 The investments are treated as unre8trKted fvnd8 Approved by the Tft￿tees and syned on their tehaff Name Date LJ,Yla oxl sl2cy2b