Company registration number.. SC266522 Charity registration nutnber.. SC016635 ST COMBS PLAYING FIELDS & COMMUNITY ASSOCIATION TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 M SQuad Accoulltants Ltd
St Combs Playing Fields & Community Association Contents Paye Referen and Administr3tlve Details Trustees, Report Independent Examinels Report StatemÈnt of Flnancial Artivities (including Income and Expenditure Account) Balance Sheet Notes to the Financial Statements 6-10 The following pages do not forrn part of the statutory accounts.. Detailed Statement of Financial Activitles Ilncluding Income and Expenditure Account)
St Combs Playing Fields & Community Association Reference and Administrative Details For The Year Ended 30 September 2025 Trustees Mrs Louise strachan Mr Adam Ritchie Ms Margaret Cardno Mr Andrew Duthie Mrs Maureen Milton Nrs Losloy Tudor-seal (appointed 13112120251 Mrs Camline Savage (appointed 13/12/20251 Miss Laura - Anne Watt lappointed 21101120261 Miss Amber Watt (appointed 21101120261 Mr Robert Dunbar (resigned 02102120261 Ms Mariorie Griffith5 (resigned 02102120261 Ch•rity Number SC016635 Company Number SC266S22 Registered 0jCe Coronation Park Corsekelly Place St, Cotnb5 Fraserburgh A843 8ZS Independent Examlnèr Michael Murray FCCA M SguarÈd Accountants Ltd Bank House 5eaforth Street Fraserburgh AB43 9BB Page I
St Combs Playing Fields & Community Association Company No. SC266522 Trustees. Report For The Year Ended 30 September 2025 The trustees presont their report and the financial stsrements for the year ended 30 September 2025. Objectives artd Act4Vities Aim5 and Objectives The community Association's main objettive is to provide facilities for the benefit OF the community of St Comb5 the surrounding areas. Significant Activities The committee organise events throughout the year i.e. Toddler groups, parties and fundraisers etc. Flnanclal Revlew Flnanclal Posltlon The trustees have considered the rn05t appropriate policy for investing funds and have found that an Interest bearlng bank account meets the charity's requirements for easily aCCeIble funds and Inserts on any surplus balances. R8sèr¥e$ PolIcy The reserves of the charity are made up frorn unrestrlcted funds. The committee members have examined the re4uiEments for the unrestricted funds and consider that there are adequate sOurceS to allow the charity to maintain its current artivities for the foreseeable future, given the circumstances In whlch It operates. Structure. Governance and Management Governlng Do¢ument The charity is controlled by its governing docutnent, a deed of trust, and constitutes a limited company. limited bv guarantee, as defin@d by the Companies Act 2006. Re¢ruitment and appointment of new trustees There aro no formal procedures for appointing committee rnembers. All rcsidcnts of the village and Surrounding areas are invited to attend the Annual Gen2r61 Meeting and to join the committee. Small Cornpany Rules This report has been prepared In accordance with the special provisions latIng to companle5 subject to the small companies re9irne within Part 15 of the Companies Act 2006. The trusteÈ5' report was approved by the board of trustees and signed on its behalf by.. Mrs Lesley Tudor-seal Trustee Dat& 3oIoGI102 Page 2
st Combs Playing Fields & Community Association Independent Examiner'5 Report to the Trustees of St Combs Playing Fields & Community Association For The Year Ended 30 September 2025 I report to the ch(Trrily trustÈe5 On tny examination of ihÈ occount5 of the Cornpany for the year ended 30 September 2025. Respor151bilitie5 and Basls of Report As the charity trustees of the Comp3ryy land also Its direttors for the purposes of company lawl, you are responsible for te preparation of the accouTrt5 In accordance with tho term5 of the Chariiies and Trustee Investment (Scotlandl Act 2005 and tlie Charitie5 Accoun'LS IScollèDdl Regulatior.$ 2006 las amen¢ledl. The charity trustee5 consider tha¥ the audit requiremen.t of Regulation ioi il lal to Icl ol ;he 2006 Accounts RegiJlatlOns doe5 not apply. It is my responsibllity io examine Ihe accounts 3s required under Section 4411) Icl of the Ac. and to State whether particular matlers have come to my attention. My ex8mlnation Is carried out In a¢cordance with Regulatio l of the 2006 Accounts Regulations, An examination Includes review of the accounting records kept by the charity and a comporison of the accounts presented with thD5e records. It also includes considÈr8tion of any unusual Itern5 or Cisclosures In tle account5, and seek5 explanations from tne trustees cunEerning aTry such matters, The procedure5 uTrdertaken do not provide all the evidence Ihot would be required In dl) dudil, and consequently I do not expre$5 an audit opinion on the view given by the accounrs. Independent Exawniner's Statement Since the Charity h85 propared Its aCCOUl1 rs on ayi a¢c-ua15 b6915 and is registered In Scotland your exarnifjer must be a member of a bodv listed in Regu12tioD Ill21 of the Ch.ariries AccoJnts Iscotlandl Regul6tion5 2006 las ayefidedl. I conlirm that l Bm qualified ro und.rtake the p.%amination becauso l am a member of The Association of Ckiartered Certifie Acccuntènt5. which Is one OF 1ho115ted bodies. Ln ihe tour5e of my emamination, no matter has come to my attÈntion hich gives rYTre reasonabl cause to believe thai in any msterial respect the requiremeits.. to ceep 3ctounting recordg in accordance INith Section 44111131 of the 2005 Act and fiegulation 4 of the 2006 Accounls Rogulatinnq o to prepare accounts which accDrd with the accounting records and comply with R:gulatlgn 8 of Ihe 2006 Accounts Regulation5 have not been mel, or to vihich, in my opinion, attentlon Should be drawn In ordor tD enable 8 proper Undetan61ng of the accounts to be reached. Mi¢hoel Murray FCCA 30106/2026 M squared Account3nt5 Ltd Bank House Seaforth Stroot Fraserburyh AB43 9BB Page 3
St Combs Playin9 Fields & Community Association Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 September 2025 2025 2024 Unrestricted Vnrestrlcted fund$ funds Notes INCOME AND ENDOWMENTS FROM: DonatlOn5 ond legacie5 other trading activities Investments 23,686 2,825 473 25,949 6.661 533 26,984 33,143 EXPENDITURE ON.. Raising funds 153,2071 146.6101 NET EXPENDITURE 126,2231 113,4671 NET MOVEMENT IN FUNDS 126,2231 113,4671 RECONCILIATION OF FUNDS.. Total funds brought forward 692,333 705.800 TOTAL FUNDS CARRIED FORWARD 14 666.110 692,333 The notes on pages 6 to 10 form part of these financial statctncnts. Page 4
st Combs Playing Fields & Community Association Balance Sheet As At 30 September 2025 2025 2024 Unrestrirted funds Total funds Notes FIXED ASSErs Tangible Assets li 632,145 650,757 632,145 650,757 CURRENT ASSETS Debtors 12 loo sh ot bank and hand 34,759 43.981 34,859 43,981 Credltors: Amounts Falllng Due Wlthln One Year 13 18941 12,4051 NET CURRENT ASSÈTS (LIABILITIES} 33,965 41,576 TOTAL ASSETS LESS CURRENT LIABILITIES 666,110 692,333 NET ASSETS 666,110 692,333 FUNDS OF THE CHARrrY Unr¢stricted Funés 666, 110 692,333 TOTAL FUNDS 14 666, LIO 692,333 FDr the ye6r ending 30 September 2025 the charitable company wa5 entitled to exernption frotn audit under section 477 of the Companies Att 2006 relating to srnall companles. The members have not requlrÈd thÈ cornpany to obtain an adit In èccordance v41th sertlon 476 of the Companie5 Act 2006. The trustees acknowledge their rponsIbIlitieS for compiylng with the oquiretnents of the Act with respect to accounting records and the preparation of accounts. The5È attounts have been prepared In accordance with the provisions applicable 10 companies subject to the srnall cotllpanie5 regirne. Qn bÈhalf of the board Mrs Lesley Tudor-seèl Trustee Date 30106liozG The notes on pages 6 to 10 form part of these financial statements. Page S
St Combs Playing Fields & Community Association Notes to the Financial Statements For The Year Ended 30 September 2025 General Informatlon st Combs Playlng Fields & Cofflmunity Association is a company limited by guarantee, Incorporated in Scotland, registered number SC266522 ènd reglstered charity number SC016635. The registered office is Coronation Park Corsekelly Place, St. Cotnb5, Fraserburgh. AB43 6ZS. 2. Actountlng Pollcles 2. L. Basls ot Preparation of Financial statements The flnancial ststements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statemeni of Recommended Practice applicable to ch<lrities preparing their accounts in actordance with the Financial Reporting standard appIlble In the UK and Republlc of Irelènd IFRS 1021 (effective I January 20191" Financial Reporting 5tandarct 102 "The Financial RÈporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The thèritable company is è Public Benefit Entity as defined by FRS 102. 2.2. Incoming Resources All income is recognised in the Statement of Financial Attivities once the charity has entitlement to the funds, it Is probable that the income will be received and the amount can be measured reliably. 2.3. Resour¢e$ Expended abilities are recongised as expenditure as soon as there is a lo981 or constructive obligation cornmitting the charity to that expenditure. It is probable that è transfer of economic benefit5 will be required in seLtlement and the amount of the obligation tan bÈ measured reliably. Expenditure Is accounted for on an occruals basis and has been tlassified nder headings that aggregate all costs related lo the caregory. Where costs cannot be direcriy attributed to particular headings they have been allocated to activities on a basis consistènt with the use of resouces. 2.4. Tartgiljle Fixed Assets and Depreciation Tangible flxed assets are ffle2sured at cost less accumulated depreclatlon and any accumulated Impairment losses. Depreciation Is provided at rat calculated to wriie off the cost of the fixed assets, less their estimèted rÈ51dual value, over their expected useful lives on the followlng ba5e5'. Freehold Plant & Machinery Ixtures & Fittings 20/0 on cost 15Wo on reducing balance 15% on reducing balance 2.5. Cash and Cash Equlvalents Cash and cash equivalents ao bosic financial assets and Include tash in hand and deposit5 held at call with banks, other shart-term highly liquid investments that mature in no more than three months from the date of acqui51tion and are readily convertible to è known arnount of cash with insignificant risk of change in value, and bank overdrafts. 2.6. Tw3rlltlDn The charity is exempt from tax as all its Income Is charitable and applied for charitable purposes. 2.7. Fund accountin9 Unrestricted funds can be used in accordance wlth the chantable objectives at the discretien of the trustees. Restricted funds can only be used for particular restritted purpose5 Wlthin the objects of the charity. Restrittions arise when specified by the donor or when funds are raisecj for particular restricted purpos. Further explanation of the nature and purpose of each fvnd is included in the notes to the flnancial staternents. Page 6
st Combs Playing Fields & Community Association Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 Income from Donations and Lega¢les 2025 2024 Unrestricted Unrestricted funds Donations and gifts Other 13,671 10,015 17,702 8,247 23,686 25.949 Income from Oth•r Trading Activities 2025 2024 Unrestrlcted Unrestricted funds funds Fundraising events 2,825 6,661 Investment Zncome 2025 2024 Unrestricted Unrestricted fund5 funds Bank interest receivable 473 533 Net IncDme/(ExpendSture) The net expenditure Is stated after charging/l¢reditingl'. 2025 2024 DepreciatlDn of tangible fixed a55ets - owned 18,612 19,020 7. Analysis of Expenditure 2025 Activities undertaken directly Support costs (see note 81 Total Raising funds 13,402 39,805 53,207 2024 Activities undertaken dlrectly Support costs (see note 81 Total Raising funds 11,593 35.017 46,610 Page 7
St Combs Playing Fields & Community Association Notes to the Financial Ststements (continued) For The Year Ended 30 September 2025 Support Costs 2025 Raisin9 funds Premise5 expen5e5 General administration 6,925 14,268 18.612 Depreciation 39,805 2024 Ralsing lunds Premis@s expenses General administration 6,03D 9,967 19.020 Deprèciation 35,017 staff Costs Staff costs were as follows.. 2025 2024 Wages and salèrie5 13.402 11,593 No employee5 re1Ve employee benefits (excluding employer penslon casts) for tho reportlng perlod of more Ihan £60,000. 10. Avera9e Number of Employeeg Average number of ernployees durfng the year was.. 2 12024= 31 11. Tangible Assets Land & Property Freehold Plant & Machinery Fixtures & Flttirtgs Total Cost As at l October 2024 814,448 89,602 4,154 908,204 As at 30 September 2025 814,448 89,602 4,154 908.204 DÈprecSatlon A5 at l October 2024 179,172 16,289 74,861 2,212 3,414 257,447 18,612 Pmvided during the period As at 30 September 2025 195,461 77,073 3,525 276,059 .CONTINUED Page 6
St Combs Playing Fields & Community Association Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 Net Book Value As at 30 September 2025 618,987 12.529 629 632.145 As at i October 2024 635,276 14,741 740 650.757 12. Debtors 2025 2024 Due wlthln one year Other debtors loo 13. CrÈdltors- Amounts Falling Due Wlthln One Year 2025 2024 Other creditors 894 2,405 14. Movement in Funds Asati October 2024 Asa130 September Income Expendlture 2025 UnrestrlLted funds General.. Genernl unrestrirted fund 692,333 26,984 153,2071 666,110 Total funds 692,333 26,984 153,2071 666,110 Asati October 2023 Asat30 September 2024 Income Expenditure Unrestricted funfls General.. Goneral unr25tnrted fund 705,800 33,143 (46,6101 692,333 Total funds 705,800 33,143 146,6101 692,333 15. Tran5Jrtions wlth Trustees None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current trr previou5 year. No trustee expense5 have been incurred. 16. Related Party Disclosures The were no related party trnnsartions for the year ended 30 September 2025. Pa9e 9
St Combs Playing Fields & Community Association Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 17. Company limited by guarantee The company is limited by guarantee and has nts share capital. Every meffjber of the cornpany undertakes to contribute to the a55et5 Of the company, in the event of a winding up, such an amount a5 may be required not exceeding £1. Page 10
st Combs Playing Fields & Community Association Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 September 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Donat40ns and legacies Gifts 13,581 90 17,617 85 8,247 Donations Energy generation income 10,015 23,686 25,949 other tradiA9 activitie$ Fundraising events 2,825 6,661 2,825 6,661 Investments Bank Interest receivable 473 533 473 533 26,984 33,143 EXPENDITURE ON: Raisin9 funds Wages and salaries Rates {13,4021 111.5931 4,8?2 110,9021 13,4371 12,7181 17001 18221 11,8001 14901 12,6011 11301 116,2891 Light and heat Repai, renewals and maintenance Insurance Telecornmunications 16,9251 19,7791 12,3571 16521 19471 Accountancy fees Entertalning Sundry expenses Depreciation of plant and machinery Deprcciation of fixtures and fittin9S Depreciation of freehold land and property 15331 12,2121 116,2891 153,2071 146,61DI 153.2071 146,6101 NET EXPENDITURE 126,2231 113,4671 Page IL