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2025-03-31-accounts

Strom Park Development Trust

SC023577

Trustees Annual Report for the period: 01/04/2024 – 31/03/2025

Reference and administration details:

Charity Name: Strom Park Development Trust

Registered Charity No: SC023577

Charity Principal Address:

Names of charity trustees who manage the charity:

Trustee Name Office

Names and addresses of advisors:

Type of advisor Name Address Bank Bank of Scotland 117 Commercial Street, Lerwick, Shetland

Structure, Governance and Management:

Description of the charity trusts

Type of governing document:

How the charity is constituted:

Page 1 of 10

Strom Park Dev Trust

Trustees Annual Report 2024-25

Trustee selection methods:

Additional governance issues (optional information):

Charities organisational structure:

Relationship with any related parties:

Trustees consideration of major risks and the system and procedures to manage them:

Objectives and Activities

Summary of objects of the charity set out in its governing document:

The objects of the Trust are to provide, or assist in the provision of facilities in the interest of social welfare for recreation and leisure time occupation with the object of improving the condition of life for the inhabitants of the Shetland Isles and in particular to secure the establishment, maintenance and management of recreational facilities at Whiteness, Shetland for activities in furtherance of the foregoing objects and the Trustees shall hold the Trust Fund at their sole discretion to make grants, loans or payments out of the income or capital of the Trust Fund for these objects or any of them or for such other purpose of purpose charitable in law solely for the benefit of Shetland and its inhabitants as the Trustees shall from time to time determine and to do all things as will properly attain the above objects: Declaring that such grants or loans may be made on such terms and subject to such conditions as the Trustees may think fit and in the case of loans with or without security and upon such terms as to interest, if any, and repayment as the Trustees in their sole discretion think proper: Declaring further that no act of the Trustees shall be deemed to be ultra vires by reason only that persons who are not inhabitants of the Shetland Isles will benefit indirectly by such act.

Summary of the main activities undertaken for the public benefit in relation to these objects:

Maintenance and upkeep of the playing field, changing facilities and clubroom facilities for the main use of the Whitedale Youth Club and Whitedale Football Club, also hiring out the venue to local clubs and individuals for small functions.

Page 2 of 10

Strom Park Dev Trust

Trustees Annual Report 2024-25

Achievements and performance

Summary of the main achievements of the charity during the year:

The playing field maintenance continues to be successful, with the condition of the grass surface improving every year. This is due to the fertilizing, vertidraining and weed killing by the Shetland Islands Council Playing Field Maintenance staff, along with the attention of our part time groundsman, this ensures the playing field is maintained to a good standard for the local football club. This encourages them to maintain teams, in the Parish Cup, Reserve B League and Shetland ‘s Premier A League.

The clubrooms are used by the Whitedale Youth Club and this encourages Youth development for both Primary and Secondary school age pupils. The Youth Club is run by the Shetland Islands Council, and use the premises one night per week. The clubhouse is also hired out for general use to the public.

Financial Review

Brief statement of the charity’s policy on reserves:

We hold cash at bank of £13,062.20 as at 31[st] March 2025, all unrestricted funds. We aim to hold at least £3000 and no more than £10000 in reserves at the year end. We have a large number of companies taking sponsored boards which is helping with income and a few still to come in which are in the agreement/production stage. We hope that in the future if we could get all 38 the clubhouse could be self funding.

Details of any funds materially in deficit:

Further financial review details (optional information):

The charity’s principal source of funds:

How expenditure has supported the key objectives of the charity:

Ability to maintain the infrastructure and ensure the continuing use of the facilities to a high standard, complying with all safety standards and regulations.

Investment policy and objectives including any ethical investment policy adopted:

No smoking or direct alcohol advertisement on premises.

Page 3 of 10

Strom Park Dev Trust

Trustees Annual Report 2024-25

Other optional information

Future Plans:

Create mini pitch & play area/community garden

Increase fund raising by selling additional hoardings Put on additional family events possibly New Years Eve party

Declaration

The trustees declare that they have approved the trustee’s report above.

Signed on behalf of the charity trustees

Date 20/07/25

Page 4 of 10

Strom Park Dev Trust

Trustees Annual Report

2024-25

Enter SC No. below SC023577

Enter charity name below Strom Park Development Trust

Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust Strom Park Development Trust SC023577
Period end date
to
Receipts andpayments accounts
For the period
from
Period start date
01
04
2024
Day
Month
Year
Day
Month
Year
31
Mar
2025
~~—======~~
Section A Statement of receipts and payments
Unrestricted
funds		 Restricted
funds		 Expendable
endowment
funds		 Permanent
endowment
funds		 Total funds
current period		 Total funds last
period
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
A1 Receipts
Donations - - - -
Legacies - - - -
Grants 3 3 3,300 3 3 3,300 5,520
Receipts from fundraisingactivities 1,325 1 1 1,325 1,190
Gross tradingreceipts - - - -
Income from investments other than
land and buildings - - - -
Rents from land & buildings - - - -
Gross receipts from other charitable
activities 32,357 32 32 32,357 7,104
- - -
A1 Sub total A1 Sub total 33,682 3,300 3,300 3,300 - - - - - - 36,982 36,982 36,982 13,814
A2 Receipts from asset &
investment sales
Proceeds from sale of fixed assets
Proceeds from sale of investments
A2 Sub total -
-
-
Total receipts 33,682
3,300
-
~~——~~		 -
-		 -
-		 -
-		 -
-
-
36,982		 -
-
-
36,982		 -
-
-
36,982		 -
13,814
A3 Payments
Expenses for fundraising activities 172 172 172 172
Gross trading payments - - - -
Investment management costs - - - -
Payments relating directly to charitable Payments relating directly to charitable
activities 29,912 3 3 3,300 33 33 33,212 13,662
Grants and donations
- - - -
Governance costs:
- - - -
Audit / independent examination 88 88 88 88
Preparation of annual accounts - - - 80
Legal costs - - -
Other (rounding) Other (rounding)2 2 2 2
- - -
**A3 Sub total ** 30,174 3,300 3,300 3,300 - - - - - - 33,474 33,474 33,474 13,742
A4 Payments relating to asset and
investment movements
Purchases of fixed assets
-
-
Purchase of investments
-
-
A4 Sub total -
-
-
-
-
-
Total payments 30,174
3,300
-
-
33,474
13,742
~~————————~~
Net receipts / (payments)
A5 Transfers to / (from) funds
Surplus / (deficit) for year		 3,508
-
-
3,508
-
-
~~———~~		 -
-		 3,508
-
3,508		 72
72

Strom Park Dev Trust SC023577

R P Accounts 2024-25

Page 7 of 10

APPENDIX2 Strom Park Development Trust Section B Statement of balances SC023577 Unr4thd•d fijn Exp•ndiN• •nd0￿me P•rmin•nl •no¢wmBnt nd• CatetJorf•s D•t•lls RMlrf¢¢¢d •JThl r)tsl Gumint p•th)d Tolal laEI ￿rt•￿ lo Bl ¢a$h fund8 Cash 8ThJ b￿k bal￿￿e¥ al 51art oly•ar 9.564 r￿u¢ i {d8fic￿l on r¢clrl• 3,501 72 C••h and ￿nk ￿11￿¢• it•nd ol y••r (Agr•• brK•• ¥Mh rK•lFts •ld PWnWrt• 8¢COimll$ll 13,012 13,OlZ 9,$64 Tot•1 CU￿nI IK •t >wr irbMirnAtÉ 83 Othw u••t• Club eulldin & Vaiuxiion SS4.000 Amoum th•• LMI tonMrnBt E •r••t L&•iswr i• n•4r••t¢ to nmrnit B5 Contlnynt Il•tsllltl¢• T￿•1 8llln•d by on•orTh¥otru•ts•• on b•hrtof •ii th• tty¥••i Dat• ol •ppro¥al StrL¥Th P•rt( D•v TnMI SC023S77 Si•i•m•ni PawBdlO ?￿24-?5

APPENDIX 2

Strom Park Development Trust

SC023577

Section C Notes to the Accounts Section C Notes to the Accounts Section C Notes to the Accounts Section C Notes to the Accounts Section C Notes to the Accounts Section C Notes to the Accounts
C3a Trustee remuneration
C4a Trustee expenses
C6 Other information
C5 Transactions with
trustees and connected
persons
C3b Trustee remuneration -
details
C4b Trustee expenses -
details
C1 Nature and purpose of
funds(may be stated on
analysis of funds worksheets)
C2 Grants
Unrestricted funds are used for the upkeep of the Strom Park grounds and building.
Restricted Grants: SIC - Community Facilities Grant £3300. For upkeep and maintenance of club grounds
Type of activity or project supported Individual /
institution		 Number of grants
made
£
Total -
If no remuneration was paid during the period to any charity trustee or person connected to
a trustee cross this box (otherwise complete section 3b)		 x
Authority under which paid £
Honorarium 200
If no expenses were paid to any charity trustee during the period then cross
(otherwise complete section 4b)		 this box x
Nature of transaction Number of
trustees		 £
Nature of relationship Transaction
amount (£)		 Balance
outstanding at
period end (£)

Strom Park Dev Trust SC023577

Notes 2024/25

Page 9 of 10

APPENDIX 2

Strom Park Development Trust

SC023577

Additional analysis (1)

Analysis of receipts and payments

1 Donations

1 Donations 1 Donations
Unrestricted
funds
to nearest £		 Restricted
funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
- -
- -
- -
Total - - - - - -
- - - - -

2 Grants

2 Grants 2 Grants
Unrestricted
funds
to nearest £		 Restricted
funds
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
SIC 3300 3,300 5,520
- -
- -
-
Total - 3,300 3,300 5,520
- - - -

3 Gross receipts from other charitable activities

Unrestricted
funds
to nearest £		 Unrestricted
funds
to nearest £		 Restricted
funds
to nearest £		 Restricted
funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
Pitch & BuildingHire 3,684 3,684 3,354
AdvertisingBoards 4,250 4,250 3,750
Insurance Claim(Grandstand) 23,954 23,954 -
Misc 469 469
Refund from EDF -
-
Total 32,357 - - - 32,357 7,104
- - - - - -

4 Payments relating directly to charitable activities

Unrestricted
funds
to nearest £		 Unrestricted
funds
to nearest £		 Restricted
funds
to nearest £		 Restricted
funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
Maintenance/RunningCosts 888










888












8,469
Water/Telephone/Hydro 1,881 1,881 3,247
Insurance 731 731 1,123
Cleaning 1,018 1,018
Equipment -
Fuel 304 304
Insurance Claim(Grandstand) 24,204 24,204
Pitch Grass Cutting/Maintenance 3 3,300 3,303 -
Honorarium 200 200
Licence/membership 35 35 30
Stationery/Postage 38 38 35
Lease 300 300 300
Donation - -
Misc 310 310 458
Total 29,912 3,300 - - 33,212 13,662
- - - - -

Strom Park Dev Trust SC023577

Additional Notes

Page 10 of 10

2024-25

STROM PARK DEVELOPMENT TRUST

ANNUAL ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2025

£
OPENING BALANCE
INCOME
Hire
SIC Ground Maintenance Grant
Advertising Boards
EDF Refund
Bonfire Fundraiser
Insurance Claim
6th Year Beanfeast Fundraiser
Misc		 2025
2024
£
£
£
15216.49
3683.50
1594.00
3300.00
3300.00
4250.00
2610.84
0.00
334.41
0.00
0.00
23954.00
0.00
1325.00
0.00
469.42
40.00
36981.92
7879.25

EXPENDITURE

Insurance Claim Grandstand 24204.00 0.00
Cleaning 630.00 490.00
Cleaning Supplies 388.65 263.23
Fuel 304.33 289.65
Insurance 730.55 1205.12
Independent Examination 88.00 25.00
Accounting 35.00 70.00
Heating 1880.66 2020.00
Sundry 0.00 496.12
Postage 37.81 16.80
Lease - Land Owner 300.00 300.00
Honorarium 200.00 100.00
Pitch Grass Cutting 3303.11 2632.69
Pitch/Club Maintenance 887.96 4043.81
Equipment 0.00 1300.60
6th Year Beanfeast 171.73 290.23
Misc 310.41 0.00
33472.21 13543.25
TOTAL DEFICIT FOR THE YEAR 3509.71 -5664.00
ACCUMULATED FUND
Balance brought forward 9552.49 15216.49
Deficit for the year 3509.71 -5664.00
Balance carried forward 13062.20 9552.49
REPRESENTED BY:
Closing Bank Balance 13062.20
less unpresented cheques 0.00
plus cash in hand 0.00
Balance carried forward 13062.20

APPENDIX 3 oscr Office of the Scottish Charity Regulator Inde endent examiner's re ort on the accounts Report to the trusteeslmembers of Strom Park Development Trust SC023577 Registered charity number Period start date Month Period end date Month On the accounts of the charity for the period Year Year 01 04 24 to 31 03 25 Set out on pages 7t010 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) 2005 Act and the Charities Accounts (Scotland) Regulats'ons 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the 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. My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland} Regulations 2006. 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 accounts. In the course of my examination, no matter has come to my attention Basis of independent examiner's statement Independent examiner's statement which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance wilh 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 9 of the 2006 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. Signed: Date: 12108125 Name: Relevant professional qualification{s) or body: Address: Market House, 14 Market Street Lerwick Shetland. ZE1 OJP Strom Park Development Trust Page 5 of 10 IE Report 2024-25

APPENDIX 3 Disclosure section Only complete if the examiner needs to highlight material problems. Give here brief details of any items that the examiner wishes to disclose Strom Park Development Trust Page 6 of 10 IE Report 2024-25