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2025-03-31-accounts

APPENDIX 2

SC028964

Additional analysis (1)

Analysis of receipts and payments

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 £
Port of Cromarty Firth - 5,000
Royal Bank of Scotland - 250
Moray CAN 1,155 1,155
-
Total
2 Grants
1,155 - - - 1,155 5,250
-
Unrestricted
funds
to nearest £
-
Restricted funds
to nearest £
- - -
Total current
period
to nearest £
-
Total last period
to nearest £
Marine Directorate 35,000 35,000 35,000
Aberdeenshire Council - 2,500
HCCF / MFS (OFOS Project) 2,548 2,548 38,360
Sea the Value 3,484 3,484 3,026
Peoples Postcode Lottery - 25,000
Seashore Hubs 7,388 7,388
Total
3 Gross receipts from other charitable activities
42,388 6,032 48,420 103,886
-
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 £
SAC Group - SAC Management Scheme - 612
Seacor (old project) - 72
-
-
-
-
-
-
Total - - - - - 684
- - - - - -

4 Payments relating directly to charitable activities

Unrestricted
funds
to nearest £
Unrestricted
funds
to nearest £
Restricted funds
to nearest £
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Total current
period
to nearest £
Total current
period
to nearest £
Total last period
to nearest £
Office overheads 3,360


3,360









4,445
Personnel Costs 42,747 42,747 74,598
Project Costs 22,929 22,929 13,824
Independent Exam 175 175 175
-
-
-
-
-
-
-
Total 69,211 - - - 69,211 93,043
- - - - - reference error

251214 updated OSCR Annual Return 2024-25Additional notes (1)

December 2007

APPENDIX 2

SC028964

Additional analysis (2)

Receipts
5 Breakdown of unrestricted funds
Unrestricted
fund 1 - enter
name of fund
below
Unrestricted
fund 1 - enter
name of fund
below
Unrestricted
fund 2 - enter
name of fund
below
Unrestricted
fund 3 - enter
name of fund
below
Unrestricted
fund 4 - enter
name of fund
below
Total
unrestricted
funds
Total
unrestricted
funds last period
Donations 1,155 1,155 5,250
Legacies -
Grants 42,388 42,388 62,500
Receipts from fundraisingactivities -
Gross tradingreceipts -
Income from investments other than land and buildings -
Rents from land & buildings -
Gross receipts from other charitable activities - 72
Sub total
Receipts from asset & investment sales
43,543 - - - 43,543 67,822
-
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
Payments
- - - - - -
43,543 - - - 43,543 67,822
-
Expenses for fundraisingactivities -
Gross tradingpayments -
Investment management costs -
Payments relatingdirectlyto charitable activities 69,036 69,036 44,103
Grants and donations -
Governance costs: -
Audit / independent examination 175 175 175
Preparation of annual accounts -
Legal costs -
-
-
Sub total
Payments relating to asset and investment
movements
69,211 - - - 69,211 44,278
-
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year
- - - - - -
-
69,211 - - - 69,211 44,278
-
25,668)
(
- - - 25,668)
(
23,544
-
25,668)
(
- - - 25,668)
(
23,544
-
Nature andpurpose of funds
MFCP maintains just one general fund for their day to day running in performing their charitable objectives including operation of their internal projects.

251214 updated OSCR Annual Return 2024-25Additional notes (2)

December 2007

APPENDIX 2

SC028964

Additional analysis (3)

Receipts
6 Breakdown of restricted funds
Restricted fund
1 - enter name of
fund below
SAC
Restricted fund
2 - enter name of
fund below
OFOS - HCCF
Restricted fund
3 - enter name of
fund below
OFOS Moray -
MFS
Restricted fund
4 - enter name of
fund below
Sea the Value
Total restricted
funds
Total restricted
funds last
period
Donations -
Legacies -
Grants 2,548 3,484 6,032 41,386
Receipts from fundraisingactivities -
Gross tradingreceipts -
Income from investments other than land and buildings -
Rents from land & buildings -
Gross receipts from other charitable activities - 612
Sub total
Receipts from asset & investment sales
- 2,548 - 3,484 6,032 41,998
-
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
Payments
- - - - - -
- 2,548 - 3,484 6,032 41,998
-
Expenses for fundraising activities - 612
Gross tradingpayments -
Investment management costs -
Payments relating directly to charitable activities - 48,152
Grants and donations -
Governance costs: -
Audit / independent examination -
Preparation of annual accounts -
Legal costs -
-
-
Sub total
Payments relating to asset and investment
movements
- - - - - 48,764
-
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year
- - - - - -
-
- - - - - 48,764
-
- 2,548 - 3,484 6,032 6,766)
(
-
- 2,548 - 3,484 6,032 6,766)
(
-

Nature and purpose of funds

SAC = Special Area of Conservation, for the Inner Moray Firth. MFCP hold funds on behalf of the SAC committee and act as their Secretariat. The SAC can use the funds for projects they wish to undertake, and for adminstrative purposes. The SAC only resumed meetings late in this reporting period. (Funds are held within MFCP bank account but treated as a seperate pot - any work done is invoiced from MFCP and internal tranfer to MFCP funds approved by SAC Chair)

Our Firth Our Seashore - is a project ring-fenced due to specific funding from Highland Council for a Conservation and Engagement Project Officer organising workshops including in schools, litter picks and other actions designed to promote sustainability of the local marine environment. One is for the Highland Council Area via the Highland Coastal Communities Fund - this is ongoing until March 2024 but with the final payment falling within the present reporting period; and the second is for the Moray & North Aberdeenshire region via the Marine Fund Scotland - this was short term funding to March 2023 and was completed just after the beginning of this reporting period.

Sea the Value - this project is in conjunction with PML, the Universities of Aberdeen and Portsmouth, Eftec, the Solent Forum and the Coastal Partnership Network. The project vision is to determine novel and policy relevant pluralistic values for marine biodiversity and apply these values to co-develop green investment options, leading to a transformative shift in our understanding and utilisation of the economics of biodiversity. This project was ongoing until August 2025 but with no MFCP involvement in the current reporting period.

251214 updated OSCR Annual Return 2024-25Additional notes (3)

December 2007

ACCOUNTING SOLUTIONS Independent Examiner's Report to the Trustees of Moray Firth Coastal Partnership. Charity Number SC028964 I report on the accounts of the charity for the year ended 31st March 2025. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordarbce with the terms of the Charib'es and Trustee Investrnent (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charty trustees consider that the audit requirement of Regulation 10{1} (d) 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 Acl and to slate whether particular matters have come to my attents'on. Basis of independent examinerfs statement My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charty and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees conceming any such matters. The procedures undertaken do rK>t provide all the evidence that would be required in an audit, and consequentty I do not express an audit opinion on the view given by the accounts. Independent examinerfs statement In the course of my examination. no matter has come to my attention other than that disclosed below: 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 to prepare accounts which accord with the accounting records and comply wth Regulation 9 of the 2006 Accounts Regulats'ons 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. Following my examination of the accounting records of Moray Firth Coastal Partnership. I have made recommendations to the Partnership Manager on better defining the costs within the Cash BooklAccounting records to allow a more interrogatK)n by the board when understanding the transactions and. for future forecastn)udget planning. However. I recognise the change in personnel may have contributed to some misallocations and l am confKlent the records are complete and the matter is technical rather than material. Name Date.. 1011 Decetnbei 2025 For and on behalf of Signature Accounting Solutions Ltd www.signatureas.co.uk Company No. SC673658

APPENDIX 1 OSCR Period start date Month Year 2024 Period end date Month Year 03 2025 Da 01 Da 31 From To S(ottish Charity Regulator Office of the Scottish Charity Regulator Reference and administration details Charity name other names charity is known by Registered charity number Charity's principal address Moray Firth Coastal Partnership Previously- Moray Firth Partnership SC028964 Kintail House Beechwood Business Park Invemess Postcode IV2 38W Names of the charity trustees on date of approval of Trustees, Annual Report Office (if any) Dates acted if not for whole year Name of person (or body) entitled to appoint tsustee lif any)_ Trustee name 30th May 2024 10 11 12 13 14 15 16 17 18 19 20

APPENDIX 1 Reference and administration details Names of all other charity trustees during the period. if any. (for example, those who resigned parl way through the financial period) Name Dates acted rf not for whole year To December 2024 Structure, governance and management Type of governing document Two-tier consts'tution Trustee recruitment and appointment All trustees during the reporting period were re-elected by the membership at the last AGM in May 2025 Objectives and activities Charitable purposes To support sustainable practices, strengthen community resilience, and protect and enhance the Moray Firth coastline to ensure long-tenn wellbeing for people and nature. We bring together communities, businesses, and stakeholders along the Moray coast to protect, restore, and celebrate our marine and coastal environments through inclusive, practical and forward-looking action. Summary of the main activities in relation to these objects MFCP employs a fvll-time, pe￿nanent Partnership Manager to further Ihe above purpose. We also employed 1 Marine Conservation C￿ordInator on a ShOrt-te￿ contract from August 2024 until end March 2025. We also utilise volunteer effort where available.

We deliver projects that come from our main funder, our own ideas, or suggestions from our members and the wider public. We work closely with organisations across our area, maintaining strong relalionships through newsletters, social media, and regular phone or video calls. We engage with communities to gather their views, encourage collaboration, and promote sustainable activits'es. APPENDIX 1 Achievements and performance Summary of the main achievements of the charity during the financial period increasing our membership: engaging with mults'ple organisations around the Moray Firth to ensure we have contacts. either for immediate need or for possible future reference- attending meetings of other marine bodies; working with the Marine Directorate towards a new National Marine Plan and a Regional Marine Planning forum running a project tackling marine litter Our Firth, Our Future project in t)oth Highland and MoraylN Aberdeenshire area, which includes delivering an educational workshop to primary schools and organising beach cleaning activities around the Moray Firth. Placing of Seashore hubs around the coastline to support local beach cleans. Over 1.7 tonnes of litter lifted in 34 beach cleaning events within this year Supporting the Sea the Value project with Plymouth Marine Laboratory. University of Aberdeen, University of Portsmouth and E￿EC. The aims are to economically value the benefits of nature to aid decision making and highlight the potential for green I natural capital investment projects in the region. acting as the Secretariat for the Special Area of Conservats'on in the inner Moray Firth. Financial review Brief statement of the charity's policy on reserves Whilst the board would ideally like to hold a balance sufficient to cover 6 months on-going costs, due to the nature and timing of grant funding and increased staff costs and overheads in the past financial year, there have been points where the balance has fallen below 3 months ongoing costs. However, the majority of the year they are well above this level. Funds are carefully monitored on a monthly basis and the Trustees have been sufficiently comfortable at all stages of the year.

Details of any deficit No overall deficit in this financial year Donated facilities and services (if any) All trustees and several other supporters provide their time and skills for free. APPENDIX 1 Other optional information Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the chaiity's trustees Signature{s) OSCR will accept digital or typed signatures

Full name(s)

Position (e.g. Chair)
Date
Partnership Manager Trustee
25/11/2025 27/11/2025

4