## **ST CYRUS PUBLIC LIBRARY READING ROOM AND HALL TRUST** ## **SCOTTISH CHARITY NUMBER SC018237** ## **TRUSTEES’ REPORT AND FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 JANUARY 2026** Page of 1 11 ## Reference and administra.on details: Charity Name: St Cyrus Public Library Reading Room and Hall Trust Registered Charity Number: SC018237 Charity’s Principal Address: ℅ Frances Whyte,10 CroKlands, St Cyrus, Montrose DD10 0AX ## Names of the Charity and Property Trustees on date of approval of Trustees’ Annual Report: |**Current Charity Trustees**|**PosiIon Held**|**Current Property Trustees**| |---|---|---| |Peter Moir|Chair|Elizabeth M Alexander| |Frances Whyte|Secretary/Treasurer|Maurice P J Forsyth-Grant| |Kenneth Greig Resigned 3/6/2025|Treasurer|Mrs Isobel Smith| |Thomas Mulholland||Ian A McCaw| |Cherry Holland||Miss Mary Singleton| |Craig Simpson||| |Beverley Simpson||| |Chris Adam||| Page of 2 11 ## **Structure, governance and management:** |**Type of governing document**|The charity is an unincorporated associa.on
governed by its cons.tu.on which was last
amended on 4 March 2014| |---|---| |**Charity Trustee recruitment and appointment**|The Commi^ee consists of elected and
representa.ve members with power to co-
opt addi.onal members. Each organisa.on in
the Parish which is a user of the Public Hall
and whose aims are consistent with those
outlined in the Cons.tu.on is en.tled to
appoint a representa.ve member to the
Commi^ee and as such each organisa.on is
en.tled to one vote at a Commi^ee meeting.
Seven Charity Trustees are elected at the
Annual General Mee.ng which is normally
held in February. In addi.on, the Commi^ee
can co-opt not more than two persons to
represent interests in the Parish not
otherwise represented by any organisation.| |**Hall Trustee recruitment and appointment**|Vacancies in the ofce of Property Trustee shall
be flled by persons appointed by the
Commi^ee, the number of PropertyTrustees
being at no .me less than three. The Property
Trustees themselves have no power to assume
Trustees.| Page of 3 11 ## **Achievements and performance:** |**Summary of the main achievements of the**
**charity during the fnancial period**|It is s.ll the aim of the Commi^ee to have
rental income cover the general day-to-day
running costs of the Hall.
Rental income was £!!,587 up on last year
(more groups use the Hall on a regular basis)
with running costs of £11,252 once
fundraising expenses are removed.
Our electricity was overcharged by some
£1500 in the previous fnancial year and
approximately £1,000 is refected in this year.
We were not billed for usage during February
to May inclusive.
We had addi.onal costs this year - £648 for
roof repairs and our 5 yearly electricity check
was completed at a cost of £855.55 which
included the portable appliance checks.
Disappoin.ngly Bank of Scotland no longer
ofer free banking to registered chari.es and
despite a 11 month ‘discussion’ they refuse to
recognise that our 200 Club account should
be treated as our General Account. They tell
us the 200 Club sits on a diferent plalorm
and therefore incurs a monthly fee of £4.50 as
well as the transac.onal charges. Our
General Account is subject only to
transac.onal charges but the cost over the
two accounts was £99 this year. We have
been advised that to have the 200 Club
account recognised as a registered charity we
would need to close and re-open the account.
If we are closing the account then we would
be looking to move banks.
Our fundraising remained steady again this
year although we have slightly less players in
our 200 Club.
Overall we have confdence that we will be
able to cover running cost with rental
income with our fundraising as a back up
going forward, and will look to fnd other
sources of income wherever possible.| |---|---| Page of 4 11 ## **Financial Review:** |**Brief statement of the charity’s policy on**
**reserves**|The Commi^ee aim to have day-to-day
running costs covered by rental income. We
aim to maintain reserve funding of at least
£5000 and are currently well above that.| |---|---| |**Details of any deficit**|N/A| Page of 5 11 ## **St Cyrus Public Library Reading Room and Hall Trust** ## **Receipts and Payments Account for the year ended 31 January 2026** There are no restricted funds at this time. ## **Receipts:** ||**2026**|**2025**| |---|---|---| |Rental Income|11,587|9,712| |Dona.ons (Note 1)|211|683| |Fundraising (Note 2)|5,166|5,657| |**Total Receipts**|**16,964**|**16,052**| ## **Payments:** |**Payments:**||| |---|---|---| ||**2026**|**2025**| |Hall Keeper|4,340|3,900| |Gardening/Maintenance|181|487| |Electricity|1.224|7,758| |Insurance|1,683|1,615| |Licences (Note 3)|412|435| |Repairs & Renewals (Note 4)|3,081|1,093| |Cleaning Materials|140|25| |Sta.onery & Postage|24|0| |Fundraising Expenses|2,420|2,420| |Other Expenses (Note 5)|114|330| |Bank Charges|99|0| |**Total Payments**|**13,718**|**18,063**| |**Surplus/(Deficit)**|**3,246**|**(2,011)**| Page of 6 11 ## **Statement of Balances as at 31 January 2026** |**Statement of Balances as at 31 January 2026**||| |---|---|---| ||**2026**|**2025**| |Opening Bank Balance|22,231|24,291| |Opening Cash in Hand|307|258| |Surplus/(Defcit) for the year|3,246|(2,011)| |**Total Closing Balance**|**25,784**|**22,538**| |||| |Bank Balance at 31 January 2026|25,559|22,231| |Cash in Hand at 31 January 2026|225|307| |**Total Closing Balance**|**25,784**|**22,538**| |**Note 1 - Donations**||| ||**2026**|**2025**| |Anonymous||65| |Bank of Scotland re complaint|75|43| |Rev George Has.e||250| |Maclean||**25**| |Murray||**300**| |Whist Club|50|| |Pat Ness|30|| |200 Club|25|| |Monday Ladies|1|| |Sunday Quiz|30|| |**Total**|**211**|**683**| ## **Note 2 - Fundraising** |**Note 2 - Fundraising**||| |---|---|---| ||**2026**|**2025**| |200 Club|5,130|5,475| |Outdoor Bowling|36|30| |Gala Day||152| |**Total**|**5,166**|**5,657**| Page of 7 11 ## **Note 3 – Licences** |**Note 3 – Licences**||| |---|---|---| ||**2026**|**2025**| |PPL/PRS Licence|412|329| |Public Entertainment Licence||106| |**Total**|**412**|**435**| ## **Note 4 - Repairs and Renewals** ||**2026**|**2025**| |---|---|---| |Electro Guard - Fire Alarm Service|287|140| |D Craig & Sons – Repair gu^ering, down pipes, slates|648|0| |T Mulholland - Repair carpark security lights|69|| |John McIntosh Electrical - Annual PA Test and 5year electric check
£855.55 Replace Faulty Heater Elements £716.40|1,572|87| |Misc repairs|0|168| |Anderson Fire Ltd – Fire ex.nguisher service|147|345| |Lawrence Smith – Joinery Small Hall Curtain Rail £150
Repair Disabled & Ves.bule Door £72.50
Repair Kitchen Unit Door £37.50|260|33| |Johnshaven Carpet Cleaning||320| |Brechin Blinds - Blind & Curtain Pull Repairs|98|| |**Total**|**3,081**|**1,093**| Page of 8 11 ## **Note 5 - Other Expenses** |**Note 5 - Other Expenses**||| |---|---|---| ||**2026**|**2025**| |Ba^eries for hea.ng controls||0| |Dona.ons/Gratui.es||30| |Lara Smith - diary||0| |Return of deposits||300| |Step Ladder|37|| |Wall sign, mop & bucket, wall clock|71|| |Light bulbs|4|| |Battery|2|| |**Total**|**114**|**330**| ## **Note 6 -** The .tle to the Hall is vested in Trustees who hold .tle for the benefit of the inhabitants of the Parish of St Cyrus in terms of Feu Charter granted by Percy William Norman Fraser DSO, Captain, Second Ba^alion, Queens Own Cameron Highlanders, in favour of Mrs Mary Ann Anne^e Briggs or Fraser and Others as Trustees therein men.oned dated the twenty third day of May and the second day of July and recorded in the Division of the General Register of Sasines applicable to the County of Kincardine on the eighth day of October nineteen hundred and twelve and subsequent Deed of Trust by Jean Valerie Graham Singleton and Others dated the twenty eighth day of February and registered in the Books of Council and Session on the fourth day of March, both months in the year nineteen hundred and sixty one. All furnishings, crockery etc are assets of the Hall, but records of costs have not been maintained. The costs have been wri^en off as and when they are incurred. Page of 9 11 Declaration: The Trustees declare that they have approved the Trustees. Report above. Signed on behalf of the Charity's Trustees Slgnatur• SignJtu Fvll Naff Full Name Prfer Molr Frnnces M Whyte Position Poslilon Chalr Secretarynreasurer Date: 17 February 2026 Date: 17 F•bruary 2026 Paqe10of11 Independent L￿Miner'S Report to the,St CTrrus Public Librar.?. Rc'a(lin2 and IIall Trusl E r¥tKJrt c)11 Ihe. fiii&llJLiiil Nlilteii￿lltS (Jf the C'.harity for thc ycar LndLd 3 l J4nwirv 21)26, wliicli are sei oui on pa80% 6 to EO inLILISiTr'C. Re5perliTht. R('sp(￿SlbIli1jtÉ ol."1h￿CeS a￿1 Tr:Aaminff The Chiirilv s Triis1¢¢.% Iirr reNih)n%iNe t(Jr ihc prcpar#iiLH] vf Ili¢ A¢¢i)iiiil.K iii acLordaiice with ihc IcriTl% ()r ili¢ (-liai'ilitS 41nd'l nLSi¢C Ini'csimcni I Sci)11411111 l ALI ?IXI.S I'ilie ?(X)5 Act. l and thc ('.liaf ities Acc()uni¥1S('L)tlJnd l Rc ¥silxli()Ii% ?IXK) la.s a(iieiided) I"thc 2LKK) Rc%uliiiion% ). Tlbe Charity 5 Truslc¢s cvnsiiler 111411 ihe audii requircmcnt (Trf Rc%iililic)n In { l ) Id) of ihc 21KX)' Rc kviiliilj(HlS (li)es i)tht apply. It is my rnbwn¥iliilily li> eiAllliI)e the i%ccounis d5 quircd Undcr sr.('livn (441 ( l } Icl nf the 2(X)5 Aci Iv %liil¢ wlieilief l)articular mattcpi h¢lVC Hasis Trf Independenl Examincr'¥.S12temcnt Mv cxaminalivii 14 C-Arried thut in zccorddn¢c wilh Ri¥iJlMlii)i) I I lif the ?(XK> Rcvu1411ions. An L'A411VIITlllli(Fii iiiiliiile$ review ()f ihL 41ciuiinliiiiTr reL£ir(Is kept b). the Lharii), i)I' Ihe vlccounts P￿sent¢d with Ihiisl r￿1}1￿5. 1( al%0 iiicludc.s ¢vnsi(Ii'.Thliiiii ()l- AIIW IJI)U.4LLal items nr dIw1￿ur¢I in thi" ALIUUTIIN 4iiid seek.s explanations fnTrni Ilbe TriiNlee* ci)i)cerninR any such mancrs. Th¥ proLC'(1iireN iiiidei1akei) do n(A pr(i¥i(l¢' ¥ill Ilie evideilce that Vi'ould bl. fL'iiiiireil ill kifi ciiiilil AIKI. ci)i)se4uendy. I do noi ixi)re￿4 dll audii opijiion on thc vii'iv %iVLlI Iiy Ilit Account$. Independent FxaminL'r > Sl¥l¢ment In cx)nnLXlivn willi iiiy exaniination. no mullc.T Ll?ii* lij niy aneiiti(M:. l . Wliich gives me rcasonabl¢ c4uyr Iii l]elievt ihai. in any MY￿(1. IF q111￿MCn1s. 141 keep 1lte(Truniino ￿CordS in acccY