Trustees Annual Report including Annual Receipts & Payments Accounts for St Abbs CommunityTrust SCIO for the period to 31st March 2025 Scottish Charity No: SC022555
Annual Report & Financial Statements for the year ending 31st March 2025 Scottish Gharity No SC022555 Index Page 3 Reference & Administrative Information Page 4 Trustees Annual Report: Strurture Governance & Management Objectives & Activities Page 5-6 Achievements & Performance Page 7 Financial Review & Statement of Trustees Page8-11 Annual Accounts: Page 7 Receipts & Payments Account Page 7 Statement of Balances Page 8-11 Notes to the Accounts Page 12 Independent Examiners Report
Annual Rerxxl & FiroThiat ststwnents tr the year 31•1 2025 Reference & Administrathie Inft•rniation St Abb5 o>mrr¥JTNty Tnjst SCIO Charlty Name: Scottish Charity No= SC022555 The Charfties Principal Addres&. Ebba Centre st Abbs Eyemouth Berwickshire TD14 5Pm Charfties Tnstees on date of apwml iluding office Wd: Names of other tt£ during the perlod: Independent Examiner. Banke. Ihe Royal Bank of Scotland 32 Court street Haddington EH413NS
Annual Report & Finanoal Statements for the year ending 31st March 2025 Scottish Chanty No SC022555 Structure, Governance & Management Governlng Document: This SCIO was incorporated on the 05 January 2015 as a result of a Change to SCIO application by St Abbs Community Trust SC022555, which was a Trust registered as a charity since 14 April 1994. Trustee Recruitment & Appointment: At each Annual General Meeting all of the charity trustees must retire from office - but may then be re-elected. The board may at any time appoint any member to be a charity trustee. if they so qualify under the terms of the governing document. All members of this committee are the designate Trustees of the Charity. Objectives & Activities The Charities Charitable Purpose: As set out in the 'Constitution' and The Charities and Trustee Investments(Scotland) Act 2005, the purpose(s) of St Abbs Community Trust SCIO are the following:_ To promote the 8eneral good of the community in St Abbs and its environs and to assist the work of statutory authorities and voluntary organisations in advancin8 education, furthering health, social work and recreation. To manage and maintain, on behalf of the community, all owned assets includin& the Ebba Community Centre, putting 8reen, stores, steps and land. Any other purpose that may reasonably be regarded as analogous to any of the precedlng purpose5. Summary of the main activities in relatlon to these objectlves: The charity's main activities in relation to the above are: The employment and management of an Administrator to assist in the running of the Ebba Community Centre and the fulfilling of financial and regulatory responsibilities Utilisation of the Ebba Centre hall for village, charitable and commercial events. Maintenance and support of a café facility Within the Centre. Raising funds for Trust purposes through hall hire, café rental, grants and fund raising activity. Facilitating Socal and external educational and recreational group activity.
Annual Report & Financial Statements for the year er¥J#ig 31 St March 2025 Swttish Charity No SC022555 Achievement & Performance to 31st March 25 The St Abbs Community Trust SCIO was estsblished to promote the well-being of the people of St Abbs and the Trustees believe that the most important element in achieving this is the continued protection of the Trust's assets of Ebba Centre, Putting Green, steps and land. The Ebba Centre is of particular Importan a5 it provides the Willage with leisure and educational opportunities through the maintenance of a successful café and well*quipped hall. The following sutnmarises Trust activity over the past finanaal year: Hall usage between 1st April 2024 to 31st March 2025 was very varied and included a mix of community, educational and commercial lets; the monthly St Abbs drop-in lunch was hosted from November 2024 to April 2025, monthly Community Council and Community Trust meetings, General Election polling ststion weekly yoga cla55es, • churth services on the 5th Sunday of the month. baby shower, wake. qulz nlghL birthday parties • St Abbs Lifeboat and St Abbs Marine Station meetings, AGMS and fundrai5er5. Berwtckshire Marlne Reserve 40th birthday celebration Old School Cafe's monthly fish suppers, the annual St Abbs Lifeboat Gala Day• Coldingham Bay Working Group meetings, community shop meetings Chrlstmas parties for local organi5ations, the annual Christmas carol service, monthly craft fairs from March 2024 to October 2024 and a pop-up shopping event, motorbike rally fieldtrlp5 for students from Edinburgh UnNersity. Roslin Institute and Edinburgh College of Art. The Putting Green reopened for the season from April to October 2024 and continues to be very popular with local residents and visltors. The Hall, Ebba Centre and Putting Green have continued to be well maintained and are in good Serviceable condition for future activities.
Annual Report & Financial Statements for the year ending 31 si March 2025 Scottish Charity No SC022555 Achievement & Performance convd The Trust works towards making a modest surplus in terms of income over expenditure to ensure that a reserve of funds exists to meet ongoing repair, maintenance and improvement costs. However, an excess of expenditure over income of £2,552.91 is shown in the accounts for the last financial year. Income is higher overall than 2023/24 due to increases in Cafe, Hall and Market rents and in car park and bookshop donations. In addition, an interest payment has been received following the transfer of funds to an interest-bearing account Expenditure fell from 2023124 but Still resulted in an excess over income as stated above. This was mainly due to the replacement of the Overhead Projector at a cost of £3.692.40. The Trust receives no public funding and relies on Hall and Café rentals along with second-hand book Sales, Putting Green donations and 8rants to provide the resources needed to maintain the Village assets. The Trust's expenses are many and varied. These include property insurance, oil, electricity, water rates, waste disposal, wages, payroll administration charges, accountancy and legal fees, property and equipment repairs, car park repairs, replacement cafe, hall and office equipment outSay, cleanin8 and pest control. Maintenance, which is mainly carried out by Trustees and Members, includes the upkeep of the Ebba Centre, buildings, café, grounds and car park, steps and pathways, putting green lawn mowers, hut and putting surface. Achieving the above is the result of many hours of work by Trustees and Members. who are all unpaid volunteer5. The Trusvs finances are considered to be stable and at an appropriate level. However, major future expenditure is possible. Much of the equipment, furniture. fixtures and fittings in the Ebba Centre and Putting Green is over 14 years old. The Ebba Centre building itself is many decade5 older with the ongoing maintenance challenge that bring5.
Ann Relrt & Fn[jaI startS kn the year eThJnJ 31 Bl Marth 2025 ScA)ttish thrity No S(X)22555 Financial Revlew Reserves are held to maintain the stsbaity of the Trust and its activities. Therefore It Is the aim of the Trust to hold a minimum of 12 months running costs, approximatety lEtwn £30,0(X) - £35,0000 in the bank account Detsils of any deficit: There was a flnancial deficit this financial year, the Trustees will continue to mt)nrtor. Details of Donated Faalities & Ser%lces: The Charity benefits from the time glven by all the Trustees to the runn8 of the Charity. induding monitorin& supeNision and rneeting titrEs. Statement of Trustees ResponsQ)ilities The member5 of the tharity rnust prepare financia statements which we suffldent detail to enable an apprecIatI of the transartions of the Charity during the financial year. The mernbers of the Charity are responslble for keepin8 proper accounting records whith. re(wesL must reflect the finanaal position of the tharity at that tlme. Thi5 must be d(me to ensure that the financial gt3tements complv with the thatities and Trustee Inve5trnent (Scotland) Act 2005, the Charittes Accounts (Scotland) Regulations 2006. They ale a150 responsible for safeBU2rding the assets of the Charity and must take reasonable steps for the prevention and/or detertion of fraud and other irre8ularitie& Approved by the Trustees and SiEned on their behalf by:
Annual Rewrt & Financial stateEnts for the year endwB 31sI Marth 25 Scottish Charity No SC022555 Receipts & Payments Account Year Ended 3131 March 2025 Restrlcted Funds Totsl 2024 Notes Re5ts1Gtod 2025 Recelpts Donab'ons Receipts from Fund Raising Activrties Other Gharitsblo Activities Grants Bank Interest 1.800.75 0.00 1,800.75 1.727.T4 0.00 0.00 0.00 0.00 13.388.46 12.150.99 0.00 0.00 1.000.00 0.00 170.66 0.00 13.388.46 170.66 Total Recelpts 15.359.87 0.00 15,359.87 14,878.73 Payments Expenses from Fund Raising Adivibes Expenses from Charttable Aclivibes Independent Examination 0.00 0.00 17.737.78 20.48g.99 0.00 175.00 150.00 17,737.78 175.00 Total Payrnnts 17.912.78 0.00 17.912.78 20,639.99 Not R8coiptsl(Payrynents) Transfer ben Ful$ (2.$52.91) 0.00 P,552.91) {5,761.26) SurplusllDeficit) for Yèar 12.55?.91) 0.00 (2.552.91) (5,761.26 Statement of Balances as at 31•t March 2025 RestrfGted Funds Totsl 2025 Total 2024 Restricl•d Balances at Start of Year SulUsI{DeficIt) for Year 43.597.81 12.552.91) 0.00 43,597.81 49,35g.07 0.00 (2,552.91) (5,761.26) Balances at End of Year 41,044.9) 0.00 41,044.90 43.597.81 Other A55ets See notes £397.829 £406.691 Liabilities No OutstsndirvJ LI2"11tS Financial Stat b the Charit and ¢1 prt n,n it£ bp.h2ff by:
Annual ReFth & Fwrarrfia statnents year endrwJ 31sI March 2025 Notes to the Accounts 2025 2024 Donatlon5 1,002.27 554.85 170.62 Books Gcncral Donatlons Car Park t)onations L168.52 351.76 280.47 £1.727.74 2,134.24 1,611.75 7,775.00 630.00 Puttlng Green Hall Rent Rental Intome - Cafe & Shed Rentsl St Abbs Market 1.927.71 2.3(Kl.75 8.430.LXJ 730.(KJ £3886 £12,150.99 Expenses from Charitable A¢Uvlry 0.00 1,043.45 0.00 2.670.48 5,155.00 0.00 Putting Green Light Heat & Power Charitable DOnaon$ Exhibition Costs Support Costs Salary & Costs Insurance Membership Professional Fees Repair5 & Mainterhince Pest Control Wasto & Recydlng Cleaning Costs Water Rates T.Èlephone Printin& Posta8e & Stationery 6.742.63 2.OIL43 6,448.00 1.961.46 10.00 240.00 3,187.91 0.00 240.00 5.540.89 280.50 50.(M) 212.IX) 249.48 {472.50) 759.78 280.38 223.71 £17.737.78 £20089.99 fjrants Berwickshire ACOL- Cost of Living Support Fund 1,000.00 £o.I £i.000.(KJ
Annual Report & Financial Statements for the year ending 31st March 2025 S(x)thsh Charity No SC022555 Notes to the Accounts cnt'd Tanglble Fixed Assets FreelK)Id Interest in land Buildings (in Heritage Assets) Fixtures Fittlngs & Equipment Total Costs 510 453 Depreciation As at 31 March 2024 Charges for period As at 31 March 2025 83,462 6,832 20,3(XJ 2,030 103,762 7,373 103 762 Net Book Value As at 31 March 2025 394 83 397 829 Contingent Liabilities In the event that the Trust sells the property acquired from the Scottish Borders Council. or ceases to use the Community Centre for community benefit, the Council is entitled to claw back amounting to the market value of the property at acquisition, of £163,( plus reimbursement of any grants received in respect of the property. If the responsibilities for the property are transferred to a successor organisation, which would continue the provisions of the property for the community benefit, the same claw back obligation will applyto that organisation. If the Trust sells the property and reinvests the proceeds into placement premises for the purpose of community benefit, the council shall not be entitled to claw back. Trustee Remuneratlon and Related Party Transactlons The Trustees did not receive any remuneration or expenses during the year. Nature & Purpose of Funds The statements of account for the year show the financial figures for the Charity. Any grants received in anyfinancial year are restricte(J forthe sole use of the Charlty and its running costs. The balance of funds at the year-end is made up of the following: Royal Bank of Scotland - Acc 00181495 Royal Bank of Scotland - Acc 00129221 Petty Cash 30,170.66 10,799.25 74.99 Total Funds £41,044.90 10
Annual Report & Financxal Ststements for the year ending 314 March 2025 SGOttssh Charity No SC022555 Notes to the Accounts cnt'd Depredallon DePclatIon is provided on tsngible fixed assets 50 asto write off the c05t orvaluatiory less any estimated residual value, overtheir expected Useful economic life as follows: Property 196 straight line basis Fixtures and ffttings th reducing balance basi5 11
Amual Report & Finarria statements ft)r the year ending 31st March 2025 scottish charity 140 SC022555 Independent Exam5nerf5 Report on the Accounts Report to the trustees of St Abbs Community Trust SCIO Registered charity number SC022555 On the accounts of the charity for the period to 31st March 2024 Set out on Pages 8- 11 Respective responsibilities of trustees and examlner The charitrls trustees are responsible for the preparation of the accounts in accordan with the terms of the Charities and Trustee Investment (Scotland) 21X)5 Act and the Charities Accounts (Scotland) Regulations 21X)6. The charity trustees consider that the audit qUirement of Regulation 10{L) Id) of the Accounts Regulations does not apply. It is my resw)nsibility to examine the accounts as required under sertion 44{1) (c) of the Art and to state whether particular matters have come to my attention. Basis of independent examinerfs statemwlt My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2CK)6. An exarnination 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 Conrning 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 accounts. Independent examinees ststement In the course of my examination. no matter has coff* to my attention which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with settion 44111 (a) of the 2005 Act and Regulation 4 of the 2( Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with Regulation g of the 2CX)6 Accounts 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. 12