Bridgeton Burns Club (An unincorporated entity charity in Scotland registered with OSCR SC 015476) Accounts and Trustees Report Year End 28 February 2025 "il'k'l.l. K BE PKOLDU R(thi.%'.
Trustees Report and Presidents Review Year to 28 February 2025 The Bridgeton Burns Club was Founded in 1870 and is Number 49 on the roll of the Robert Burns World Federation. The two main aims of the Bridgeton Burns Club are: al To celebrate the life and works of Robert Burns, by holding a dinner each year on the 25th january. blTo promote the life and works of Robert Burns amongst the children of the schools of the East-end of Glasgow by holding an annual competition. The company has written policies to safeguard children and volunteers via procedures, supervision, insurance and checks. The Club is managed by a Board of Directors, ably assisted by a large complement of Past Presidents who are the Trustees and acknowledge their responsibilties for records. accounts. stewardship, to act in interest of the charity, avoid conflicts and comply with OSCR and other regulations. Offlce Bearers 202& 2025 President.. Vice-President'. Immediate Past Presiden Honorary President.. Honorary Vice-Presidents'. Treasurer- E-mall.. enquiiies@bridgetonburngclub.org.uk Minute Secretary.. Resigned Oct 24 Patrons and Fund Raising Convener Schools, Competition Convener Dinner cOnvener Resigned September 2024 Fund for the Arts Convener Regular board and committee meeting are held to exercise oversight of the club's activities, policie5 set and risk assessment undertaken. Restricted funds are where the funds may only be used for paying schools competition or Fund5 for the Arts expenditure or as specified by donor. The year under review saw the Annual Dinner held at Marriott Hotel on 25 january 2025, The appeal rai5cd over £20,000 including gift aid with 406 8uests attending and Fund for the Arts spending continued and a new bursar joining who graduates this year. At the Annual General Meeting in April 2024 held in West Brewery Bridgeton, elected President. A 5uccesful competition wa5 held on 6 December 2024 at St Mungo's High School with a wide range of entrants and Cairns Primary, St Deni5 Primary and Smithycroft Secondary doing well and performing at our annual dinner and at our concert on 28 February 2025. Page I continued over
and
The annual dinner was held on 25th January 2025 and 406 guests attended. The Immortal memory was proposed by the appeal delivered by was well received and 30 new members obtained.
Our Fund For the Arts where we assist with annual £800 bursaries and expenses for students to attend higher education was continued and a new student recruited. The year saw Hon Junior Vice President retire and also sad death of Past President
Our donation income was up. During the year we welcomed several new directors
Director with guests including member .
leads our Child Safeguarding Disclosure Scotland PVG check scheme.
We have enhanced our child welfare and protection processes and introduced Disclosure Scotland PVG checks
Our trophies and President chain are worth well in excess of the cost stated in balance sheet being expensed in previous years.
The future strategy includes increased use of technology reaching wider audiences while reducing cost pressures and savings were made in year.
Approved by the Board and Signed on Its behalf by President ,
Treasurer
15th April 2025
Page 2
Bridgeton Burns Club
Receipts and Payments Account For Year Ended 28 February 2025
| FFA | & Competition | & Competition | FFA & Competition | FFA & Competition | FFA & Competition | FFA & Competition | FFA & Competition | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted Restricted | Total | Unrestricted | Restricted | Total | |||
| Receipts | Notes | Funds | Funds | 2025 | Funds | Funds | 2024 | Funds | Funds | 2023 |
| £ | £ | £ | £ | £ | £ | £ | £ | £ | ||
| Voluntary RDonations inc Gift Aid | 4 | 22,188 | 22,188 | 20,465 | 20,465 | - | 15,565 | 15,565 | ||
| Patrons' Support | 7,600 | - | 7,600 | 6,800 | - | 6,800 | 4,800 | - | 4,800 | |
| Life Membership | 870 | - | 870 | 630 | - | 630 | 720 | - | 720 | |
| Bank Interest | - | - | - | - | - | |||||
| - | - | - | - | - | ||||||
| Receipts from Charitable Activities | - | - | - | - | - | |||||
| Various Fundraising Activities Dinner | 25,882 | 25,882 | 29,344 | 29,344 | 37,132 | - | 37,132 | |||
| Sundry Income inc Grants | 750 | 750 | 195 | 750 | 945 | - | - | - | ||
| Total Receipts | 9,220 | 48,070 | 57,290 | 7,625 | 50,559 | 58,184 | 42,652 | 15,565 | 58,217 | |
| Payments | ||||||||||
| Cost of Fundraising- Dinner | 22,517 | 22,517 | - | 29,092 | 29,092 | 23,883 | - | 23,883 | ||
| Cost of Charitable Activities Inc Instruments | 20,793 | 20,793 | - | 23,128 | 23,128 | 6,387 | 19,445 | 25,832 | ||
| Fund For The Arts Grants | - | 1,600 | 1,600 | - | 2,935 | 2,935 | - | 1,950 | 1,950 | |
| Governance Costs | 415 | 415 | - | 1,628 | 1,628 | 3,374 | - | 3,374 | ||
| Purchase of Equipment | - | 1,728 | 1,728 | - | - | - | ||||
| Total Payments | 415 | 44,910 | 45,325 | - | 58,511 | 58,511 | 33,643 | 21,395 | 55,038 | |
| Surplus/(Deficit) for the year before transf | 8,805 | 3,160 | 11,965 | 7,625 | (7,952) | (327) | 9,009 | (5,830) | 3,179 | |
| Transfer between Funds | ||||||||||
| Surplus/(Deficit) for the year | 8,805 | 3,160 | 11,965 | 7,625 | (7,952) | (327) | 9,009 | (5,830) | 3,179 | |
| Surpluses Brought Forward | 68,310 | 16,874 | 85,183 | 60,685 | 24,826 | 85,510 | 56,676 | 25,656 | 82,331 | |
| Transfers to/(from )Unrestricted to Restricted Funds ie Fund | for Arts FFA | (5,000) | 5,000 | - | ||||||
| Surpluses Carried Forward | 77,115 | 20,034 | 97,148 | 68,310 | 16,874 | 85,183 | 60,685 | 24,826 | 85,510 | |
| Page 3 |
| Bridgeton Burns Club Balance Sheet as at 28 February 2025 Fixed Assets Trophies, Regalia and Medals at Cost less expensed (inc £379 brought forward from 28.2.22) Current Assets Refunds Due and Patron and Adverts Gift Aid Debtor (received in Feb 24 ) TSB Bank Creditors Accruals and Other Net Current Assets Net Assets Accumulated Surpluses of Funds Restricted at TSB reduced by FFA Unrestricted at TSB Unrestricted Other than Bank (other assets less liabilities) |
28-Feb-25 £ £ 3,689 800 4,266 90,672 95,738 1,900 93,838 97,527 20,034 77,115 379 97,527 |
28-Feb-24 £ £ 3,689 2,031 - 81,742 83,773 1,900 81,873 85,562 16,874 68,310 379 85,562 |
28-Feb-23 £ 2,200 90,900 |
£ 3,689 82,200 |
|---|---|---|---|---|
| 95,738 1,900 20,034 77,115 379 |
83,773 1,900 16,874 68,310 379 |
93,100 10,900 24,826 60,685 379 |
||
| 85,889 | ||||
| 85,889 |
Approved by the Board on 15th April 2025
President
Treasurer
Page 4
Bridgeton Burns Club Notes to the Accounts for year ended 28 February 2025
The Receipts and Payments account is now adjusted to an "accruals basis" given size of club and timing while the balance sheet also recognises the original cost of trophies £3,108 from 2019 as an asset and an accrual for accountancy fees and costs not yet paid. Previously cost of chain and trophies was expensed. Market value is estimated at £70,000. Income represents donations received, gift aid received, patrons fees and dinner programme advertising
Costs of charitable activities include transporting school children to venue, insurance, catering, prizes etc. Restricted Funds are because Appeal proceeds can only be spent on Schools Competition and Fund for the Arts not on Dinner or Governance costs. The club is not vat registered so vat is an irrecoverable cost
Fixed assets are not depreciated being worth greatly in excess of historic stated cost and having no finite eonomic life and being insured.
At the year end cost relating to Prizes and Trophies of £1,800 were accrued. During the year £750 Grant from Jean Armour Burns Trust was received for instruments, materials for competition and related projects.
At a board meeting 2 March 2022 the Fund For The Arts was transferred £5,000 from the Unrestricted Funds. £1950 was spent in year to 28.2.23 and £2,935 in year to 28.2.24 including Tune Commissioning meaning the Fund for The Arts balance is £115. At the AGM in April 2024 the Fund For The Arts Was Topped Up Again by £5,000 and £1,600 was spent meaning its balance is £3,515, the remainder for Competition. At a board meeting in September 2024 it was agreed to vary the terms of the Fund For The Arts eligibility re course of study.
Risks are mitigated by close involvement, insurance, oversight, collective responsibility and transparent circulation of financial records and authorisation controls.
The dinner ticket sales 402 at £69 exceeds the costs of the dinner the surplus of which can be treated as unrestricted. In addition the appeal generates around £40 per attendee on average plus gift aid. Fund for Arts spending was down as only one student for most of year.
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Independent Examiner’s Report to the Trustees of Bridgeton Burns Club Charity SC015476
I report on the accounts of the charity for the year ended 28th February 2025 which are set out on pages 2 to 4 which comprise the Receipts and Payments Account, Balance Sheet and Notes to the Accounts.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee
Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts 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 2006 Accounts Regulations.
An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts,
and seeks 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 accounts.
Independent examiner’s statement.
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 44(1) (a) of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations
- to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations
have not been met, or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
Name: for KRP Accountants Ltd Chartered Certified Accountant Address:
15th April 2025
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Bridgeton Burns Club Burns Supper January 2025 New director Presenting with a bust of Robert Burns Attendees enjoying themselve5at our annual dinner. Page 7
Bridgeton Burns Club President & wife with 3 winnerfrom St Deni5 Primary School Treasurer introducing winners at our concert 28 February 2025 Page 8