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Charity Registration No. SC019264 Company Registration No. SC118550 (Scotland)

TAYPORT HARBOUR TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ ANNUAL REPORT AND UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Tayport Harbour Trust Limited

For the year ended 30 September 2025

	Page
Legal and Administrative Information	1
Trustees’ Annual Report	2 – 4
Independent Examiner’s Report	5
Statement of Financial Activities	6
(incorporating Income and Expenditure Account)
Balance Sheet	7
Notes to the Accounts	8 – 15

Tayport Harbour Trust Limited

Legal and Administrative Information For the year ended 30 September 2025

Company Number:

SC118550 (Scotland)

Scottish Charity Number:

SC019264

Current Board of Trustees:

Stuart Barclay Graham Harvey James Pask Raymond Shafren Stephen Nutley Shona McCabe (appointed 8 Jan 2026) Michael Stark (appointed 8 Jan 2026) Craig Thomson (resigned 17 Nov 2025)

Registered Office:

Tayport Harbour Harbour Road Tayport Fife DD6 9EU

Independent Examiner:

Elaine Alsop ACA DChA FCIE EA Independent Ltd 5 South Charlotte Street Edinburgh EH2 4AN

Tayport Harbour Trust Limited

Trustees’ Annual Report For the year ended 30 September 2025

The Trustees (who are directors for the purposes of company law) present their report for the year ended 30 September 2025.

The accounts have been prepared in accordance with the accounting policies set out in Note 1 to the accounts and comply with the Memorandum and Articles of Association, and current statutory requirements.

Structure, governance and management

Governing document

The charity is controlled by its Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Trustees

The current Trustees, and those serving during the year are listed on page 1.

Appointment of Trustees

Trustees, who are also the Directors of Tayport Harbour Trust Limited are appointed in line with the Articles. There are a maximum of 7 trustees and minimum of 3.

The Board of Trustees meet regularly to manage the business of Tayport Harbour Trust Limited.

Objects and activities

The charitable company’s purposes and activities to achieve them, are:

(a) The advancement of public participation in sport, particularly, but not exclusively, sailing.
(b) The provision of recreational facilities through the ownership, lease or purchase of the Port and Harbour of Tayport, Fife and the ownership and maintenance of any buildings and other structures situated there.
(c) The organisation of recreational activities including sailing, boating, swimming, diving and all other aquatic sports and water-related activities.
(d) The advancement of environmental protection, maintenance and improvement of the historic Tayport Harbour and the surrounding area.

Tayport Harbour Trust Limited

Trustees’ Annual Report For the year ended 30 September 2025

Activities and achievements this year

During the year under review, the Harbour Board has continued operations in support of our charitable purposes. Planning is at an early stage for the construction of a mast (removal/fitting) crane, reducing crane costs and providing a green alternative to this task.

We have made ongoing improvement of IT and Network facilities; our webcam now attracts a global audience and is freely available to all.

The Trust continues to maintain a healthy financial outlook, mainly attributed to an increase in Commercial Berthing income. Dredging continues to be a significant cost for the Trust.

Financial review

In the year to 30 September 2025 the charity received income of £91,406 (2024: £51,810). The charity had expenditure of £79,031 (2024: £68,607). This resulted in a surplus in the year of £12,375, (2024: deficit of £16,797). Total funds under management at 30 September 2025 were £255,958 (2024: £243,583) of which £5,039 are restricted and £250,919 are unrestricted.

Trustees’ remuneration and expenses

The Trustees received no remuneration or expensed for their services.

Reserves Policy

The Trust is progressing an approach to raise cash reserves to £130,000 by 2030 to cover unforeseen and uninsured liabilities such as storm damage to the extensive harbour stone fabric resulting from climate change. This to be achieved by maximising revenue, close control of operational expenditure and developments funded by grants only. A separate Development Fund account has been created.

Major risks facing the charity

The trustees operate a risk management process to identify, evaluate and manage risks that the charity faces. There were no specific risks to highlight.

Plans for the future

We will be working towards out five yearly harbour dredge to facilitate access to the harbour at all but the very lowest tides of the year.

Tayport Harbour Trust Limited

Trustees’ Annual Report For the year ended 30 September 2025

Board of Trustees Responsibilities Statement

The Board of Trustees (who are directors for the purposes of company law and trustees for the purposes of charity law) are responsible for preparing the Report of the Board of Trustees and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Board of Trustees to prepare accounts for each financial year which give a true and fair view of the state of the affairs of the charitable company and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those accounts, the Board of Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the accounts; and
prepare the accounts on the going concern basis unless it is inappropriate to assume that the charitable company will continue in operation

The Board of Trustees is responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the accounts comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended) . They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (2015) and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small entities.

On behalf of the Board

GL Harvey

Graham Harvey Director 21 March 2026

Tayport Harbour Trust Limited

Independent Examiner’s report to the Trustees of Tayport Harbour Trust Limited

I report on the accounts of the Tayport Harbour Trust Limited for the year ended 30 September 2024 which comprise the Statement of Financial Activities, the Balance Sheet, and the related notes.

Respective responsibilities of Trustees and Examiner

The Trustees (who are the directors of the charitable company for the purposes of company law) 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 Trustees consider that the audit requirement of Regulation 10(1)(a) to (c) 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 report

My examination was 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 a 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:

(1) 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; and
to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Regulations
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

E Alsop

Elaine Alsop ACA DChA FCIE

EA Independent Ltd 5 South Charlotte Street, Edinburgh, EH2 4AN

24 March 2026

Tayport Harbour Trust Limited

Statement of Financial Activities (Incorporating Income and Expenditure Account) For the year ended 30 September 2025

		Unrestricted	Restricted
		Funds	Funds	Total	Total
		2025	2025	2025	2024
	Notes	£	£	£	£
Income from:
Grants and donations	4	6,170	3,394	9,564	1,839
Charitable activities	5	79,805	-	79,805	49,279
Investment income		2,037	-	2,037	692
		───────	───────	───────	───────
Total income		88,012	3,394	91,406	51,810
		───────	───────	───────	──────
Expenditure on:
Write-off of old debt		-	-	-	5,580
Charitable activities	6	77,052	1,979	79,031	63,027
		───────	───────	───────	───────
Total expenditure		77,052	1,979	79,031	68,607
		───────	───────	───────	───────
Net income/(expenditure)		10,960	1,415	12,375	(16,797)
Transfers between funds	13	-	-	-	-
		───────	───────	───────	───────
Net movement in funds		10,960	1,415	12,375	(16,797)
Reconciliation of funds:
Fund balances at 1 October 2024		239,959	3,624	243,583	260,380
		───────	───────	───────	───────
Fund balances at 30 September 2025		250,919	5,039	255,958	243,583
		══════	══════	══════	══════

The statement of financial activities includes all gains and losses recognised in the year. The results for the year derive from continuing activities.

The notes on pages 8 to 15 form part of these financial statements

Tayport Harbour Trust Limited

Balance Sheet As at 30 September 2025

		2025		2024
	Notes	£	£	£	£
Fixed assets	10		112,709		126,320
Current assets
Debtors	11	3,850		3,978
Cash at bank and in hand		141,149		114,135
		───────		───────
		144,999		118,113
Liabilities
Creditors: Amounts falling due within one year	12	(1,750)		(850)
		───────		───────
Net current assets			143,249		117,263
Creditors: Amounts falling due after one year			-		-
			───────		───────
Net assets			255,958		243,583
			═════		═════
Funds
Unrestricted funds	13		250,919		239,959
Restricted Funds	13		5,039		3,624
			───────		───────
Total Charity Funds			255,958		243,583
			═════		═════

For the year ended 30 September 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees’ responsibilities:

The members have not required the charitable company to obtain an audit of its accounts for the year to 30 September 2025 in accordance with section 476;
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small entities.

These accounts were approved and authorised for issue by the Board of Trustees on 21 March 2026

GL Harvey

Graham Harvey, Director.

The notes on pages 8 to 15 form part of these financial statements

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

1 ACCOUNTING POLICIES

1.1 General Information

Tayport Harbour Trust Limited is a charitable company registered with the Office of the Scottish Charity Regulator (OSCR) with charity registration number SC019264 and company registration number SC118550. Its registered office and principal address is Tayport Harbour, Harbour Road, Tayport, Fife, DD6 9EU.

The principal activities are to manage and maintain Tayport Harbour and provide recreational facilities.

1.2 Basis of Preparation

The accounts have been prepared under the historical cost convention accordance with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

Tayport Harbour Trust Limited meets the definition of a public benefit entity under FRS 102.

Monetary amounts in these financial statements are rounded to the nearest pound (£). Pounds sterling is the currency in which the charity’s transactions are denominated.

The preparation of the financial statements requires the use of certain critical accounting estimates. It also requires trustees to exercise their judgement in the process of applying the accounting policies. Use of available information and application of judgement are inherent in the formation of estimates. Actual outcomes in the future could differ from such estimates. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed in note 2.

The trustees have taken advantage of the provisions in the SORP not to prepare a statement of cash flows.

1.3 Going Concern

The accounts have been prepared on a going concern basis as the Trustees are of the opinion that the charitable company can continue to meet its obligations as they fall due for the foreseeable future. They regularly monitor the funding streams and evaluate the projected expenditure and the free reserves available.

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

1 ACCOUNTING POLICIES (continued)

1.4 Income

All income is included in the Statement of Financial Activities when the charity is entitled to the income, receipt is probable, and the amount can be measured reliably. The following specific policies are applied to the particular categories of income:

Fees and similar incoming resources are included in the period in which they are receivable, which is when the charitable company becomes entitled to the resource.
Grant income for charitable purposes is recognised when the charitable company has entitlement to the fund, any performance conditions attached to the grant have been met, it is possible the income will be received, and the amount can be measured reliable and is not deferred.
Investment income relates to bank interest which is recognised when receivable and the amount can be measured reliably; this is normally upon notification of the interest paid or payable by the bank.

1.5 Expenditure

Expenditure is recognised when the charity has entered into a legal or constructive obligation, it is probable that settlement will be required and the amount of the obligation can be measured reliably. It has been accounted for on an accruals basis and has been classified under relevant headings.

The charity is not registered for VAT, and accordingly expenditure is shown gross of irrecoverable VAT. Resources are expended as:

Expenditure on charitable activities includes costs incurred in supporting the charity and its objectives. It comprises both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice and therefore includes the costs of independent examination.

1.6 Taxation

Tayport Harbour Trust Limited is accepted by HMRC as a charity under section 521 to 563, Income Tax Act 2007, and accordingly no provision is required for taxation surpluses.

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

1 ACCOUNTING POLICIES (continued)

1.7 Funds

Unrestricted funds are available to use and are administered on a discretionary basis under the direction of the Trustees, and in line with the objects of the charity.

Restricted funds are to be used for particular restricted purposes within the charitable company’s objectives. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs.

1.8 Financial Assets and Financial Liabilities

Financial instruments are recognised in the Balance Sheet when the charity becomes a party to the contractual provisions of the instrument. Financial instruments are initially measured at transaction price. Subsequent to initial recognition they are accounted for as set out below.

The charity only enters into basic financial instruments. At the end of each reporting period basic financial instruments are measured at amortised cost using the effective interest rate method.

Financial assets are derecognised when the contractual rights to the cash flows from the asset expire, or when the charity has transferred substantially all the risks and rewards of ownership. Financial liabilities are derecognised only once the liability has been extinguished through discharge, cancellation or expiry.

1.9 Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less and bank overdrafts.

1.10 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - not provided Improvements to property - 15% on reducing balance Plant and machinery - 15% on reducing balance

Expenditure on equipment less than £500 has been charged to the income and expenditure account.

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

1 ACCOUNTING POLICIES (continued)

1.13 Debtors

Trade and other debtors are measured at transaction price.

1.14 Creditors

Creditors and provisions are recognised where the charitable company has a present obligation resulting from a past event that will probably result on the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount.

1.15 Legal status of the charity

The charity is a company limited by guarantee and been granted exemption, under Section 60 of the Companies Act 2006, from including ‘Limited’ in its name. The liability of each member of the company, in the event of winding up, is limited to £1.

2 CRITICAL JUDGEMENTS AND ESTIMATES

The preparation of financial statements in compliance with the Charities SORP (FRS 102) requires the use of certain critical accounting estimates. It also requires the Trustees to exercise judgement in applying the charity's accounting policies. The Trustees do not consider there to be any material accounting judgement required in preparing these accounts. The Trustees are satisfied that accounting policies are appropriate and applied consistently.

3 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITES

	Unrestricted	Restricted	Total
	2024	2024	2024
	£	£	£
Income from:
Grants and donations	-	1,839	1,839
Charitable activities	49,279	-	49,279
Investment income	692	-	692
	───────	───────	───────
Total income	49,971	1,839	51,810
Expenditure on:
Write off irrecoverable debt	5,580	-	5,580
Charitable activities	57,915	5,112	63,027
	───────	───────	───────
Total expenditure	63,495	5,112	68,607
Transfers between funds	28,966	(28,966)	-
	───────	───────	───────
Net movement in funds	15,442	(32,239)	(16,797)
	═════	═════	═════

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

4 INCOME FROM GRANTS AND DONATIONS

	Unrestricted	Restricted	Total	Total
	2025	2025	2025	2024
	£	£	£	£
Fife Council – harbour walls	-	1,894	1,894	1,839
Fife Council – sewer works	-	1,500	1,500	-
Other donations	6,170	-	6,170	-
	────────	───────	────────	────────
	6,170	3,394	9,564
	══════	══════	══════	══════

In 2024 all grant income was restricted.

5 INCOME FROM CHARITABLE ACTIVITIES

COME FROM CHARITABLE	ACTIVITIES
	Unrestricted	Restricted	Total	Total
	2025	2025	2025	2024
	£	£	£	£
Fees from:
Members	50,500	-	50,500	25,294
Visitors	13,490	-	13,490	14,138
Commercial vessels	15,815	-	15,815	9,847
	────────	───────	────────	────────
	79,805	-	79,805	49,279
	══════	══════	══════	══════

In 2024 all income from charitable activities was unrestricted.

Note: A change in the timing of invoicing members’ fees from September 2024 to October 2024, meant that £28,360 fees were recognised in 2022/23 rather than 2023/24.

6 CHARITABLE ACTIVITIES

HARITABLE ACTIVITIES
	Unrestricted	Restricted	Total	Total
	2025	2025	2025	2024
	£	£	£	£
Insurance	8,515	-	8,515	7,896
Light and heat	3,135	-	3,135	2,484
Administration	634	-	634	859
Repairs and maintenance	49,107	1,979	51,086	34,801
Depreciation	13,611	-	13,611	16,014
Legal and accountancy	2,050	-	2,050	973
	────────	───────	────────	────────
	77,052	1,979	79,031	63,027
	══════	══════	══════	══════

In 2024, £5,112 was restricted expenditure and £57,915 was unrestricted.

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

7 NET INCOME/(EXPENDITURE)

	2025	2024
	£	£
The net income/(expenditure) is stated after charging:
Depreciation	13,611	16,014
Valuation fees	1,200	-
Independent Examiner’s fee	850	850

8 TRUSTEE REMUNERATION AND EXPENSES

No members of the Trustee Board (nor any person connected with them) received any remuneration during the current or prior year.

No members of the Trustee Board received reimbursements in respect of travel expenses for attending meetings during the current or prior year.

9 TRANSACTIONS WITH RELATED PARTIES

There were no transactions with related parties during the current or prior year.

10 FIXED ASSETS

FIXED ASSETS
			Plant &
	Property	Improvements	machinery	Total
	£	£	£	£
COST
At 1 October 2024	35,577	192,896	451,634	680,107
Additions in the year	-	-	-	-
	───────	───────	───────	───────
At 30 September 2025	35,577	192,896	451,634	680,107
	───────	───────	───────	───────
DEPRECIATION
At 1 October 2024	-	177,541	376,246	553,787
Additions in the year	-	2,303	11,308	13,611
	───────	───────	───────	───────
At 30 September 2025	-	179,844	387,554	567,398
	───────	───────	───────	───────
Net Book Value at 30 September 2025	35,577	13,052	64,080	112,709
	═════	═════	═════	═════
Net Book Value at 30 September 2024	35,577	15,355	75,388	126,320
	═════	═════	═════	═════

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

11 DEBTORS

11	DEBTORS
		2025	2024
		£	£
	Prepayments	3,850	3,978
		═════	═════
12	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£
	Accruals	1,750	850
		═════	═════

MOVEMENT OF FUNDS
	Balance at				Balance at
	1 Oct				30 Sep
	2024	Income	Expenditure	Transfers	2025
	£	£	£	£	£
*Unrestricted*
General fund	113,639	88,012	(75,052)	13,611	138,210
Fixed assets	126,320	-	-	(13,611)	112,709
	────────	────────	────────	────────	────────
	239,959	88,012	(77,052)	-	250,919
	────────	────────	────────	────────	────────
*Restricted*
Harbour walls	3,624	1,894	(1,154)	-	4,364
Sewer works	-	1,500	(825)	-	675
	────────	────────	────────	────────	────────
	3,624	3,394	(1,979)	-	5,039
	────────	────────	────────	────────	────────
Total Funds	243,583	91,406	(79,031)	-	255,958
	══════	══════	══════	══════	══════

Purpose of funds:

Unrestricted general fund represents the free reserves of the charity to be used under the direction of the trustees to meet the charitable objects.

Unrestricted fixed asset fund represents the remaining net book value of fixed assets. These assets can be used by the charity to further all of its charitable activities.

Restricted: Harbour Walls grant from Fife Council towards maintaining the harbour walls.

Restricted: Sewer works represents funding from Fife Council towards the cost of sewer works.

Transfers between funds

Transfers have been made to represent the depreciation charge on the fixed assets for the year. All assets are used to further the charitable objects of the charity without any restriction.

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

14 MOVEMENT IN FUNDS CONTINUED

Movements in funds – comparative figures

	*Balance at*				*Balance at*
	*1 Oct*				*30 Sep*
	*2023*	*Income*	*Expenditure*	*Transfers*	*2024*
	£	£	£	£	£
*Unrestricted*
General fund	224,517	49,971	(63,495)	(97,354)	*113,639*
Fixed assets	-	-	-	126,320	*126,320*
	────────	────────	────────	────────	*────────*
	224,517	49,971	(63,495)	28,966	*239,959*
	────────	────────	────────	────────	*────────*
*Restricted*
Harbour Walls	1,785	1,839	-	-	*3,624*
Fixed assets	34,078	-	(5,112)	(28,966)	-
	────────	────────	────────	────────	*────────*
	35,863	1,839	(5,112)	-	*3,624*
	────────	────────	────────	────────	*────────*
*Total Funds*	260,380	*51,810*	*(68,607)*	-	*243,583*
	*══════*	══════	══════	══════	*══════*

14 ANALYSIS OF NET ASSETS REPRESENTING FUNDS

	Unrestricted	Restricted	Total
	Funds	Funds	Funds
	£	£	£
Fund balances at 30 September 2025 are represented by:
Fixed assets	112,709	-	112,709
Net current assets	138,210	5,039	143,249
	──────	──────	──────
	250,919	5,039	255,958
	══════	══════	══════
Fund balances at 30 September 2024 are represented by:
Fixed assets	126,320	-	126,320
Net current assets	113,639	3,624	117,263
	──────	──────	──────
	239,959	3,624	243,583
	══════	══════	*══════*

15 ULTIMATE CONTROLLING PARTY

The charitable company is constituted by its Memorandum and Articles of Association and is controlled by elected trustees.

2025-09-30-accounts

Charity Registration No. SC019264 Company Registration No. SC118550 (Scotland)

TAYPORT HARBOUR TRUST LIMITED

Tayport Harbour Trust Limited

Contents

For the year ended 30 September 2025

Tayport Harbour Trust Limited

Legal and Administrative Information For the year ended 30 September 2025

Registered Office:

Independent Examiner:

Tayport Harbour Trust Limited

Trustees’ Annual Report For the year ended 30 September 2025

Structure, governance and management

Governing document

Trustees

Appointment of Trustees

Objects and activities

Tayport Harbour Trust Limited

Trustees’ Annual Report For the year ended 30 September 2025

Activities and achievements this year

Financial review

Trustees’ remuneration and expenses

Reserves Policy

Major risks facing the charity

Plans for the future

Tayport Harbour Trust Limited

Trustees’ Annual Report For the year ended 30 September 2025

Board of Trustees Responsibilities Statement

On behalf of the Board

GL Harvey

Tayport Harbour Trust Limited

Independent Examiner’s report to the Trustees of Tayport Harbour Trust Limited

Respective responsibilities of Trustees and Examiner

Basis of Independent Examiner’s report

Independent Examiner’s statement

E Alsop

Elaine Alsop ACA DChA FCIE

24 March 2026

Tayport Harbour Trust Limited

Statement of Financial Activities (Incorporating Income and Expenditure Account) For the year ended 30 September 2025

Tayport Harbour Trust Limited

Balance Sheet As at 30 September 2025

Trustees’ responsibilities:

GL Harvey

Graham Harvey, Director.

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

1 ACCOUNTING POLICIES

1.1 General Information

1.2 Basis of Preparation

1.3 Going Concern

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

1 ACCOUNTING POLICIES (continued)

1.4 Income

1.5 Expenditure

1.6 Taxation

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

1 ACCOUNTING POLICIES (continued)

1.7 Funds

1.8 Financial Assets and Financial Liabilities

1.9 Cash and Cash Equivalents

1.10 Tangible fixed assets and depreciation

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

1 ACCOUNTING POLICIES (continued)

1.13 Debtors

1.14 Creditors

1.15 Legal status of the charity

2 CRITICAL JUDGEMENTS AND ESTIMATES

3 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITES

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

4 INCOME FROM GRANTS AND DONATIONS

5 INCOME FROM CHARITABLE ACTIVITIES

6 CHARITABLE ACTIVITIES

Tayport Harbour Trust Limited

Notes to the Accounts For the year ended 30 September 2025

7 NET INCOME/(EXPENDITURE)