.
## **KODA**
## **Scottish Charity No SC030662**
**Trustees' Report and Financial Statements for the year ended 31st October 2025**
## **KODA**
## **Report of the Trustees for the year ended 31st October 2025**
The trustees have pleasure in presenting their report together with the financial statements and the independent examiner's report for the year to 31st October 2025.
## **Reference and Administrative Details**
_Charity number:_ SC030662 _Principal address:_ Medwynbank, Dolphinton, West Linton, Peeblesshire _Trustees:_ The trustees serving during the year and since the year end were as follows: Keith Dickson (chairman) Brian Smith (treasurer) David McGarva (secretary) Ingrid Smith Mairi Rowan Gordon Rowan Sheena Dickson
## **Structure, Governance and Management**
## _Governing Document_
Koda is a charitable organisation and is governed by its Constitution, dated 30th November 2000. It is registered as a charity with the Office of the Scottish Charity Regulator ( OSCR).
## _Trustee Induction and Training_
New trustees are briefed on their legal obligations under charity law, the content of the Constitution, the committee and decision making processes and the recent financial performance of the charity. Trustees, who are elected at the annual general meeting, are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
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## **KODA**
## **Report of the Trustees for the year ended 31st October 2025 (continued)**
## _Organisation_
The trustees administer the charity and meet as required throughout the year.
## _Risk Management_
The trustees are satisfied that the major risks to which the charity is exposed have been reviewed and procedures have been established to manage these rosks.
## **Objectives and Activities**
The objects of the charity are to advance the education of the public concerning the playing of accordion music in general and Scottish traditional music in particular, through the promotion of such music by public performances, workshops and master classes, and to provide an opportunity for like-minded musicians, with particular encouragement to young people, to meet regularly to play a range of music.
## **Achievements and Performance**
Although there were no orchestra activities during the year, the members of the orchestra continued to concentrate on improving their own musical skills, and the trustees hope to return to regular rehearsals and public performances in the near future.
## **Financial Review**
The Receipts and Payments Statement follows on page 5. There was a surplus for the year of £283 (2024 - £350). The charity's funds at 31st October 2025 amounted to £22,898 (2024 - £22,615).
## **Reserves Policy**
The trustees aim to maintain sufficient reserves to enable the orchestra to continue operating at its current level and to fund recording sessions and other projects which will benefit the members of the orchestra.
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## **KODA**
## **Report of the Trustees for the year ended 31st October 2025 (continued)**
## **Plans for Future Periods**
The trustees will continue to provide facilities for the orchestra to practice regularly and will look for suitable opportunities to recommence public performance where that will benefit the members of the orchestra.
Approved by the trustees on 6th July 2026 and signed on their behalf by
## **Brian Smith**
## **Trustee**
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## **KODA**
## **Independent Examiner's report to the Trustees for the year ended 31st October 2025**
I report on the receipts and payments account of the charity for the year to 31st October 2025 which is set out on page 5.
## **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) Act 2005 and the Charities Accounts (Scotland) Regulations 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.
## **Basis of independent examiner's statement**
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 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 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.
## **John Cursiter**
6th July 2026
17-21 East Mayfield Edinburgh EH9 1SE
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## **KODA**
## **Receipts and Payments Account for the year to 31st October 2025**
|**Receipts**
Performance Fees
CD Sales and Music Downloads
Sundry Income
Bank Interest
**Payments**
Directing and Arrangement Fees
**Surplus for the year**
**Statement of Balances**
**as at 31st October 2025**
**Opening balances**
Treasurer's Account
CD Account
Cash in hand
Surplus for the year
**Closing Balances**
Treasurer's Account
CD Account
Cash|**31.10.25**
**31.10.24**
£
**£**
-
-
5
25
-
-
278
325|
|---|---|
||283
350|
||-
-|
||283
350|
||**31.10.25**
**31.10.24**
**£**
**£**
6,093
6,005
16,452
16,190
70
70|
||22,615
22,265
283
350|
||22,898
22,615|
||6,173
6,093
16,655
16,452
70
70|
||22,898
22,615|
Approved by the trustees on 6th July 2026 and signed on their behalf by
## **Brian Smith**
Trustee
## **Notes to the accounts**
## **1 Trustees remuneration**
The trustees did not receive any remuneration or expenses in the course of the year (2024 - nil).
## **2 Other assets**
In addition to the stated bank balances, the charity owns equipment whose original cost exceeds £13,000 and has a stock of CDs valued at £1,000.
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