Charity reglstratlon number5C031616 (Scotland) EASTRIGGS AND GRETNA HERITAGE GROUP ISCIO) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
EASTRIGGS AND GRETNA HERITAGE GROUP (SCIOI LEGAL AND ADMINISTRATIVE INFORMATION Trustee5 l*¥)pointed Iluly 20241 Charfty numbor ts¢otl•ndl SC03161S Princlpil address Thè Oèvll's PorriOJe Mus#uM Annan Road Eastri885 D612 SIF Indep•ndent q¥amln•r
EASTRIGGS AND GRETNA HERITAGE GROUP {SCIO} cor+JTENTS Trustees, Teptsrt lndependqnt £xamlTher'$ report Statemènt of fiTh?nclal a¢VItieS Staternent of flnanclal posIn Notas to the financlal staternents 7-17
EASTRIGGS AND GREfNA HERITAGE GROUP {SCIO} TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual report and Anancl315tstement5 for the yearended 31 Detember 2024. The financlal statements have been prepared In aEcofdance wlth the aCconI6n8 policies $et out Sn note I to the financial statement5 and comply wlth the charlty's governing do¢umEnt, the Charltles and Tru5te2 Investment IScDtlandl Att 2005, the Charthes Accounts Iscotlandl fiegulations 2CQ6, FRS 102 "The Flnaficlal Reporting Standard appIlble In the UK and Republic of Ireland and the Charltfe5 SORP"Accounting and Reporknng by Charlile5'. Statement of Recomrrended Practice appl[ble io charlties Prepang thelr accounts in aryordance wlth the Flnancial Reporting Standard applicable in the UK and Republlc ol Irel8nd IFR5 1021" Oblétlives ond actlvltt The charity'5 object Is the advancemènt of educa0Th of the 8eneral public, wlthout dlsdncfjon of sex oi of polltical, lIgiouS or other oplnion5, by the provlsion of an exhlbltion 8nd permanent recorij In the forrn of 3 museum and vlsitor attracOn compr151n6 the exisring Collection together wkh such other oblects, speclfflens or collection$ as may from tfme to tlme be coulred to lebrate the herlt)8e ol Eastrlg85 and Gretna. The trustees have pard due regard to guldance Issued by the Offite of the Scothsh Ch¥rlty Re8ulator In decldlThg what acdvlyes the charlty should undÈrtake. We run the Devll's Porrld8e Museurn whlch 1$ now op2n 7 days per week for the whole year, apart from a short wlnter break. Wlthln the museum wg provlde actfvld•5 for school Childn, both through organlsed sGhool vlslts and an after school club. We also ha an over 60$ club which Meet5 fortnl8htly and are provlding fa£511tfe5 for community groups and lotal busines5e5 for Meeng5 and varlous actSv11185. We are worklng towavd5 3 pro8rommE ol comrnunlty learnln¥ and actlv5ty. We also provlde a sBrvlce for people dolng research for a myrlad ol purposes. Outslde the museum we work wlth a number ol comrnunlty and external org8nlsatton5 to celebrate ond commemorate our rfch helitage. We have worked wlth Comrnunlty Counc115, and other herlts8e groups to produce leaflets about Ea5trlggs and fjtna.
EASTRIGGS AND GRETNA HERITAGE GROUP ISCIO) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Achlevements and rfOrmanc 2024 WÈS once aaaln a dlfficult year for museum5 and builne5¥es, set against a backdrop Df the Co$rf.11n8 Crf3L¢. Dèspite thls,The Devil's Porridge Museum continued to a vibrant place lor v151tors tD curne in 13r£e numbers, receivin8 £ warm welcome fom the large conneent of enthuslasi%c volunt&ers and staff who he won us 5evernl Thisde Award5 In recent years. We saw, addldon, a r8C(WÈry In the number of coach groups (Lme to both vislt us and take up the caterlng optfon from our café whkh contlnued to become b$bef, helped on by the café having its Own Facebook Poge. Our Ollice ManaBer, Arna Johnston, oTrie alain pyt In every effort to maxiTnlse the Inroffle to the Museum. Arna also t¢x)k tr) the eKt¥a r@5ponsibllity of or8an151n8 Ihe over 60$ Cordlte Club whlch has an imwrtant role In tha tgmmunity We once again continued tD attract new vlsltors encoura m&nts In the Museum su h addltion of the Mur11OnS Girl holo8rarn in the downstslr5 arei, which our Curator, and our Youth and fynmunlty Officer, had worked on wlth Haltwhlstle Films. Reber.r.a d151J or8Jni5ed an Open Evening Event at th2 end of July which was well atterbded and receed good feedback. Monlca also continued to orsanlse acthlfjes for yrjung people In the Museum during both term me and in the school holldays, rnaftg strong partnershlps In the Ivcal COMMNIty. A nurnbwr ol schools attended tsilor-made vislts to the Museum, mostly from Dumfrle55hire and Cufflbrla but It wa5 ngt8ble that Dunbl•ne Hl8h 5cliool mad¢ 4 5peclal 5ttspoff on thelrlourney to the bIttfIeldS in France/8elwum to learn aboui oy¥ story. We glsp eontrnued tlie loui lie memb8r%. c.f re-establlshlng lthe Sood pra£tfces In pl8ce befcre COVID19 W fe-Introdvcln8 two youth to the Trustee Board, They came up wlth new Ideas for blo85 atbd future museum events and Influ8riied new exhibltrons Ilke 'Art In W8rLlme." Our Sleethng Glants pmlect wa5 (Jlscussed and Improvern&nt5 In how trusiees worktsd were m8de In IhlTrg5 Ilke SUC$S1on PnnIn. Trustees also oddfyssed conilnulng financlBI and Inflationary pressures by adopiln8 a number of rnga5ures to reduce costs and Increase Income. ance apln a spedil rnention must 80 to my Vlce thèlr, Grahaffj Croft, who Stp and rocovery ed In d..Irlng my enforced absence In 2023 ed meetings ii8ht thrDugh to the 5umrner. rnark, whilst Secrekry, al stepped up to the Ireasurer, Continued to provlde us wlth key ttnanclal Inlonrèty'on, en5urln& that we hBve erner8ed at the end ot the year In a relatively x)lid financlal potIon. In lacL every trustee and volunteer ha5 contrlbuted con51dorablyto tho runnlng of the Museum. The saddest event of the yeai was the passlng of long-standing twstee ar*d volunteer. RoblTh Hall, who shared hls passion for th¥ 08vII's PDrridEe Museum wlth our vi51tDrs. Qur th0ht5 are still wlth his wlfe. Wendy, whoCOnUe5 to look aftEr oui Dlsforvlctory Garden, and wlth his famlly who hava105t 8 Special human beln Once a1n, the dedica0 of our 5tsff and voluntsers helped u5 to malntsln our flve sr•r Vlsft Scotland 51atUs. Wt were fortunate again to hav d10pn8 eMhlbltion5 5ciendcus ttrlm of worker5. In addltTort to Rebgcca's good work on our museum ¢ollectton And ontinued to run cperatlons smwlhly from the Office overse2lng the voluntser rotg. rnU5eum cleaning and café opetiOn. Our Youth and ConNr¢Jnty Offi¢er, headed the ClimEte chan prolect. esurrected our Youth Councll and SPEhrheodEd our applicatt loi" a SLUllis1i Thistlt Award for our work In the local Cotnmunlty. It was through everybo(ty's sat effort5 that we won thls Thrfvlng Commtsnitfes Jward, espec5ally down to our ol wlth the older pwp1é5 Cordite Club whth had been restarted aftor the neMIC by Alarge group ol trustees, voluntoèrs and staff attended the Awards evenlng at the Cairndale Ho=cl rst South of Srotl8nd Thlstle Awar& and a successful one for us. um rie5. wast A spèclal mention again to my Vice Chalr. rneehnE5 and steer The Good Ship Devil's Porrl ho stepped in durlng rny enforced absente, not only to chalr ge, ut a so 14kin8 on my Saturday morning shlft for mox of the year. Secretsry. also stepped up to the mark, whi15t Stephen Oswald. Treasurer, tontinued 1¢ provlde us wlth key financial InFormdtiori, ensurlng that we havg emerged at the end Of the year a Trlatively solhd linanrial ¥KEltton. In ktt, e¥ory trustee and voluiiteef h35 contributed conslderablyto the nJThning of the Museum.
EASTRIGGS AND GRETNA HERITAGE GROUP (SCIO) TRU5TEE5' REPORT {CONTINUEDI FOR THE YEAR EAIDED 31 DECEMBER 2024 FinBnclBI re1¥ In the continulnE dillicult tinanclal climate, we are erdteful once agaln to reIe the support of our main funder the Holywood Trust which support5 E47,0(Kl of our runnin8 Costs, including staffi.ng. It h but was great that the Young Stsrt 3ppllcatton, submltted by 0r curator, Ilenging to match fund this 8rant had been successful. £97,000 ha5 been awarded over three years. oihor appllcations to the National Lottery, Beck 8urn Wind FdfTn and The Councll s Any- Poverty Fund werp unsuccessful. demon5Lrarin8 thp Increased comp8titive nature ol funding bld> for third sector organisaknons. Rqserues pouty The ¢rusiees' policy Is to retsln up to E200,000 of normal running costs In order to mee¢ commltments lexcludlng restrlcted fuDd5I and io covgrany unexpected expenditvre. The trustees have a5ses5ed the rn3lor rf5ks to whlch the charlty 1$ •xp05ed, and are satisfied that *sterns are in place tD mltr8ate exposure to the major sk5. Plan5 for futur• pwlod5 We continue tD irnplement a plan for a 5erles of new exhlblttons. We arè worklng on a speciility e4)ernCe vAth Rall Sidlng5 Ltd whleh occupies the western end ol the Minlstry ol DeferKe slte. We itrnllnue to develop our ntOrIn8 programme for young people to provlde ¢mployablllty 5ki115 in all aspect5 of the museum'5 work, We also need to ccmplete our Forward Plan sn 2025 whlch will set otsr agend3 for the next five year5. Strurturei governancè and man•Bement The chorlly 15 3 ScDtrish Charltable Incorporated Or8anlsation13 SCIOI. It was re8lStered in It5 current legal form on 20th December 2014. The or8anisabon w•5 prevlously gIstEred as a charlt¥ but changed Its le8al lorm to a SCIO, The assets of the unlncorporared a550cl3tton wÉre tr4n5ferred to the sao on 7th Februiry 2014, It ha5 8 double tier struciure and as Such the trustees are elected by the members of the charity. Membershlp of the SCIO15 open to all InteSted partte$. Tlii, Ii'LJilL'i" WIII) EP.rved durln£ the year and to the date of signature of the Inanclal statements wé.. IResigned 22 February 20241 IApp¢inlEd l July 20241 Thp triittge5' rep?rt Wa5 approved by the 8oard of Trustees. Trustee Date., 15
EASTRIGGS AND GRETNA HERITAGE GROUP (SCIO) INDEPENDENT EXAMINER'5 REPORT TO THE TRUSTEES OF EASTRIGGS AND GRETNA HERITAGE GROUP ISCIO) I report on the flnanclal $tements of the charlty for the year ended 31 December 2024, which are set Dut on pages 5 to 17. Respectlve rasponsibliti•s of trustees and exon4ner The charfty's trustees are responslble for the WeparaOn of the linanctgl statements In èceordantÈ vAth the terms of the Charitie5 and Trustee Investments15cotlandl Act 2005 and the Charltles Accounts Isrthandl Regulations 20C6. The charity's trustees consider th8t the audlt requlrement of Re8ulation Iollllal to Icl of ihe 2006 Attount5 ResulaUDn5 does not spplv. It Is my responslblllty to gxamine the financlal statert3 as requlted under sectton 44llllcl of tPe Art 8nd to stste wheth8r pathcular matter5 havecom@ to my alténdon. Basls of Ind8p£ndent wmlner's stat¢ment My ¢xamin3ron is orried oth yccordance with Reiulation 11 OF the Charltles Accounrs Ikotlandl Regulatrons 2(M16. An examln8tbon InGludes a review of the accournng records kept by the charlty and a comparlsoft ol th? Hn4nclal siatements present8é wilh those record5. It also Includes con51deratton of any unusual Item5 or disclosures In the financlal 5tstements, and 5eeklng expianation$ from the trustees concerning any such mBtters. The procedure5 undert8ken do not provlde all the evldence that would bo rgouirod In an aud and cDn5equontly I do nDt expre$s an audlt oplnloTr on tke vlew glven by ihe flThancial statemefjts. Independont oxamlner'$ stat?ment Your attention is dr8wn to the fact that the Charlty ha5 plepad flnartclal ststement5 In acc¢rdar¢e with Atcounfjng and reportin8 by Charlties pr@parlng thelr accounts In accordan wh the Flnanclal ReporLin¥ 5tsndard 8ppllcable in the UK and Republic of Ireland IFRS 1021 in prelererKe to th• Accoundn8 and Rep)rtln8 by Chartdei.. Statement of RerpmmendEd Practice issued on l Apwll 2005 whlch is referred to In l.he e¥tsnt regulatkjns but h8$ been wrthdrawm. l understand thatthfs has been done in order for thè finartclal ststernents to provlde a true and f8lrvlew in acccrdancè v41th Generalty Accepted Accoundn8 Prictice effi¢tive for mpordng perlods beglnnln4 on orafter l Jènvary 2015. In connect5on wlth my examlnamon, no other matter oxcept that referred to In the previou5 pJr8graph has corne to ry aiiention.. 191 whlch glves reasonable cause to belleve that In any material 3VeCt the quIreme#t$.' 111 to keep accounting records In attordance with 58Ctlon 4411) lal of the 2005 Act snd R¢8uktton 4 01 the 2006 Accaunts RÈ¢ulèlons,' ènd to prtrp4re financlal statementg whlch accord wlth the ac(ounYng reccyds ènd comply th ReEatIon 8 of tlie 2006 Actounts Regulatkjns,. have not been met or Ibl to which, In my oplnlon, attEntbn %hovld be drnwn In order to enable a proper und@rstandln8 ol the ftnanclal statements to bè reached.
EASTRIGGS AND GRETNA HERITAGE GROUP (SCIO) srATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unre5trlcted funds 2024 Restrlcted fund5 2024 TDtal Unrestricted funds 2023 Restrl¢ted fund5 2023 Totol 2024 2023 Notes Income trom., Donatron5 and legacles Charltable a[VItIeS Othertradlng activlties 10,697 150.271 3.950 93,446 104,143 150,271 3,843 6,608 172,040 9.120 122,311 128,919 172,040 9,120 11071 Total Incomo 164,918 93.339 258,257 187,768 122,311 310,079 Exptnditure on: Raising funds Charltsble acwvlties 326 205,130 3,117 74,892 3,443 280,022 219 155,286 2,097 192,946 2,316 348,232 Total expendlture 205,456 78.OQ9 283,465 ISS,505 195,043 350,548 N•t Incom•lléxpendlturel 140,5381 15,330 125,2081 32,263 172.7321 140,4691 Transfèrs between funds 13491 349 128,8181 28,818 N•t mov•ment In fvnds 140,8871 15,679 125,2081 3,445 143,9141 140,4691 Reconclllatton of funds: Fund balances at lJ4nuary 2024 463,190 127,265 590.455 459,745 171,179 630,924 Fund b#lan¢o5 at 31 Decemb•r Z024 422,303 142,944 565,247 463,190 127.265 590,455 The statement of financlal a£vItIeS include5 all galns and losses retognlsed in the year. All Income and expendlture derlve from continulng activltiEs.
EASTRIGGS AND GRETNA HERITAGE GROUP (SCIOI STATEMENT OF FINANCIAL POSITION AS AT31 DECEMBER 2024 2024 Z023 riotes Fid assets Tangible assets Heritage assets 12 59,467 52,100 85,340 52,100 111,567 137.440 Curfent assets Stocks Debtor5 Cash ai bank and In hand 14 15 6.872 2,567 450.527 3.565 3B,561 412,803 d59,966 16,2861 454,929 11,9141 Crqdltors.. *Younts fallln6 dug withSn on• ye•r 16 Net ¢uYrert oss•ti 453,680 453,015 Total ass•ts less currgnt Ilablllilej 565.247 590,455 Th•lunds of th• chirlty Resirlcted Income funds Unrestrlcted lunds 17 142.944 422,303 127,265 463,1 565.247 590,45S The finanr.ial statements werè approved bythe trustee5 On........ Tru5toe
EASTRIGGS AND GRETNA HERITAGE GROUP (SCIO) NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounllng pollc5es Charlty Information Eastrlgy and Gretna Herltage Group ISCIOI Is a Teglstered Charity In Scotland and Is unlncorporated. The address of the prlnclpal office Is The Devll's POrrSe hAuseum, Annan R08d, Eastri885, DG12 6TF. 1.1 A¢countlng conventlon The flnanclal ststements have been prepared In accord•nce with the chaflty's constitutlon, the CharleS and Trustee Investment Iscotlandl Act 2QOS, the Charltie5 Accounts (Scotlandl RÉ8ulation5 2006 (Hs amènded) and AccOunng aThd Reportfn8 by Charfdes.. Statement of Recommended PTactlce appllcable to charltle5 preparing thelr attounts In accordance with the Flnancial Reportfng Standard applicable In the UK and Republlc of Ireland IFRS 1021 leffecttve I January 20191". The tharlty Is a Pltbllc benefit Entity as deflned by FRS 102. The charlty has taken 3dvants8e of the provision5 In the SORP for ch4rldes applyln8 FRS 102 Vpdète BU1 I not to prepare a Statemènt of Cash Flows, The flnanclal st8temont5 have departed from th8 Charlde$ IAtcounts and Reports) Re8ulatlons 2008 only to the extent requlrtd to provlde a true and falr vlew. This departure h&s IrNolved followlng the Statement of Recommended PraCCe forcharlttes applylng FRS 102 rather than the verslon of the Stslement ot Recommended Practl¢e whSch Is referred to In the Resulaon5 but whlch ha5 51nce been wlthdrawn, The Hnanclal statements are preparèd in sterllngi whlch Is thè funcdonal currency of the char5ty. Monetary amounts In Ihe5e llnanctsl 5tstements Jre rounded to the neèro5t £. The flnanclal st?tements have been prèp8red under the hlstorlcal tost conventton. Imodifled to Indude the revèluatlon of frèehold properttes and to Include iuv8Stment propere$ and certaln flnanclal Instrument$ at farr v4luel. The prlnclpal acCounng pollcles adopted are set out below. 1.2 Goln4 concèrn At the time of approving the finjnclal staternents, the trustees have a reasonable expectaOn that the £h3rlty has 8dequate resources to COnnYe In operafjonal exlstence for thE foreseeable futu. Thu5 the trustees conynue to adopt the gcing concern ba515 of accountfng In preparing the Inanclal 5tatement5. 1.3 Charltablt funds Unrestricted lund5 are av3118ble for use at th& dIscrÈon of the trv5tees In furtheranc• of thelrcharilable oblecdve5. Restricted funrls are subject to spIfiC condlfjDns by donors or grarytors 8$ to howthey may be used. The purpose5 ènd uses of the restrlcted funds arE Set out In the notes to the financlal statements. Endowment funds ore subject trt specifvt condlttons by dDnors that the capltal must be malntalrbed bythe tharlty. 1.4 Incomlng resources Income Is c0S[sed when the charity Is leIlY eDtitIEd to It after any performance conditions h&ve been mel, the amcunt$ can b2 measured reli3bly, and itls probable that income wlll be CeIved. Cash donatiDns are recogni5ed on recElPt. Other donation5 ale reco8nised once the chhrliy ha5 been notified of th? donation, unles5 performance condition5 qUIre deferral of the amount. Income tax recoverable in relation to donaifjons received under Gift Ald or ed$ of covenant Is recoBnSsed at the time of the donation. LecleS arè recognlsed on reIpt or otherwlse if the crIty has been not(fi'ed of an ilnpending dlstributfon, the arnount Is known, and recelpt15 expected. If the amountls not known. the legaty Is treated as a cortlngent 35set.
EASTRIGGS AND GRETNA HERITAGE GROUP {SCIO} NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Auounttn8 ptsllcles Iconllnuedl 1.5 Resources expended Expenditure Is recognlsed ce thEre 15 a leEal orconstrucUve obli8ation to tr3nsfer economlc belleflt to a thlrd wrtyt It Is prDbable that a transfer of Èconomlc benelits wlll be requlred in settlement, and the amount of the obllgaon can be measured lIablY. Exp8ndlture Is classlfied by acknvlty. The cost5 of each activlty are rnade up of the total of dlrect Costs afbd shared ¢05ts includlng support costs involved in undertaklng each activlty. Dlrect costs attributable to a slngle activlty are allocated d1ctlY to that activity. 5hatsd cost5 whlch tontribute to more than one acttvlty and SUPPDrt costs which are not ttrlbutable to a slngle actfvity are apportioned between those acdvlttes on a ba515 consistent wlth the use ol resources. Central staff costs a allocated Dn the ba$15 of tirne spent, and d8preclat6Dn charges are allocated on the poruon of the sset's use. Resource5 e¥pended ère included In the Statement ol Flnantlal Acdvltit5 on an accrbals bas15, Incluslve of any VAT whlth cannot be recovered. All expendlture over£2,000 must be a8reed In advance by the board of Trustees. 1.6 Trn8lblè Itxod assets Tan8ible flxed as58t$ ale Inlttally maswèd at cost and Subsequently rneasured at C05t or valvatton, net of depreciayon and any lrnpalrment1055es. D8preclafjon Is rècognlsed so as to wrlti off the cost or valuatton of assets less the5r resldual values over thelr useful Ilves on the followlng base5,' Leasehold land and bulldlngs Leasehold Improvement5 Equlpmenl Flxture5 and fittln8S Computer5 4% stralght Ilne 4% stralght Ilne 20-33% strai8ht Ilne 10.20% 5tralEht Ilne 20.33% stralght Ilne Thè galn or1055 8rSslng on the dlsposal of an asstrt Is determined a5 the dlfference between the *le proceids and the rrylngvalue of the asset, and Is reco8Trised In the 5tatemeTrt of flTr8nclal actlvltias. 1.7 Herlta8e a$s8ts erlta8e assets measured under the cost rnodel are Inltially retoBnl$ed tt acqulslyon cost, and subsequently ststed at cost less any accumulated depreCIaon and impalrment1055es, Herltsge asset5 measured under the revaluatlon model are recorded at falr valuE less any accumulated Impairtnent losses. whe InfOrMaOn on the cost or value of an esset 15 not avallable and cannot be obtalned at a cost whlch Is comrnensurate with the benelit5 to user5 of the tfnanclal atements, the asset shall not be recogn1d In the ststEment of financial PK)sltlon. 1.8 ImpalrmeTht of Ifxed assets At each reporknng end date, the charlty revlews the rryIng arnounts of its tan£lble a55ets to determlne whether there Is any indlcation that those assets have suffered an ImpÈirmEnt loss. If any such indication exlstS, the recoverable amount of the at 15 e5dmated In order to deterrnlne the extent of the impairnient1055 lif anyl.
EASTRIGGS AND GRETNA HERITAGE GROUP (SCIO) NOTES TO THE FINANCIAL STATEfv7ENf5 (CONTINUED) FOR THE YEAR ENDED 31 DECEM8ER 2024 counting policie5 Icondnuedl 1.9 Stocks Stocks are stated at the lowér of cost and estimptsd 5elllng price le55 Costs to complete and sell. Cost comprlses direct materlals and, where appllcable, direei labDuf costs 3nd those overheads that have been Incurred In br5ngln8 the stoc to their present locatio and condi0. Items held fgr d151ributlon at no or nomlfial cons5deTrfjon ara meaSUTed the lowerof replacement $t and cost. Net reallsable value 15 the e5mated sellln8 prlce less all estimated costs of cornpletton and costs to be Incurred In marketing, 5elllng and dlstrlbution. LIO Cash and fash equlvalents Cash and cash equiv?lents Include cash In hand, dep051ts held at call wlth bank5, oiher short-term liqyld 5nve5tment$ wlth orl8in31 maturie5 Dt three month5 or less, and bank overdraft5. Bank overdrafts are Shown within bDrrowln85 In current Ilabllittes. 1.11 Flnandal Instruments The charlty has èlected to apply the provls5gns of Sètdon 11 'Ba51c Flnanclal Instruments, and 5ecllon 12 '0ther Flnanclal Instrurnents Issues, 0¢ FR5 102 to all of It5 finantlal Instruments. Flnanclal Instruments are reco8nlsed In the charity's balaTh sheet when thp rh¥rlty becomes party to the contractual provlslons of the Instrument, Flnanc*41 •ssets and l1abllleS are offset, wlth the net amounts presènted In the fi"n3nclal statements, when there 15 a legally enforceable rlght to Set off the rèco8nlsed amounts and there Is an IntenOn to Settle on a n8t basls or tD reallse the asset and settle the113bllity s5muftsneou51v. Buslcflntsntlal Nssets Ba51c financlal a55ets, whlch Include debtors and cash ènd bank balances, are Inlilally measured at tran5acdon prlce Includln8 tron50cOn costs and are subsequently cèrried at am0sed c05t using the effective Interest method unles5 the arrangement constitute5 4 finantln8 tran5acdon, where the tran5athon is ffleasud at the presert value of the future recelpts dlscovnted at a rnaTket rate of Interest. FlnancSal &ssets c135slfted as recelvable thIn gne year are not amordsed. Bu5kllnon¢lulliobAllttes slc financlol Ilabilities. includlng creditors and bank loans are Inltially recognlsed at transacort prlce unles5 the arrangemeTht constitutes a linanclng tranSaCOn, where the debt Instrument is measured at the presert value of the future payments dlscounted at a rn¥rket rate of Interest. Flnanclal liabillties classlhed B5 payEble wlthSn one year are not amortised. Dèbt In5trurnents are subsequently Carried at 8mDrkn5ed c05t, uslngthe effective Interest rate method. Trade credltor5 are DbllÉationsto pay for goods or sèrvlces that have been acquired In the ord5nary course of opèration5 frorn suppliers. Amounts payable are classilied a5 current liabllltiÈs if payment Is due wlthin one year or1£55. If not, they are presented zs non-current Ilabllides. Trade creditors are recoEnised Inltially at transaction prfce and Subsequently measured èt amorti5ed c05t uslng the effecdve Interest methDd. Derecognltton offingnciulllobllllles Flnanctsl 1kbllléS are derecognlsed when the charlws contrartual Obl1gaonS expire or are dlscharged or cancelled.
EASTRIGGS AND GRETNA HERITAGE GROUP {SCIO) NOTES TO THE FINANCIAI STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 31 DECEMBER 2024 Crltical a¢£ountin6 esttmates ondludgements In the applicatlon of ihe ¢harltWs accounting 1}Ces. the trustee5 are requlred to make judgements, estimates and assumptions about the rarrying amount of 355et5 and Ilabillbes th3t are not readlly apparent from other Sources. The estlrnat&5 and assoclated a55urnptions are based on historical experlence and other factors that are coThsldered to be relevant. Actu31 results may dllferfrom these esrimates. The estimates and underlying 35sumptions a reviewed on an ongolTrg basls. Revi51ons to accotsnttn8 e5timètes are reco8nI5ed In the perlod In which the esttmatè Is re¥lsed where the Tev15ion affects only that perloj, or In the period ol the revision and future perlods Whe the revislon affects both current and futuie periods. lTrcome from dgnatlons and *acle5 Unrestrlrted nd5 2024 Ro51rl¢t•d funds 2024 Totol Unrestricled fund5 2023 Restrtcted lunds 2023 Total 2024 2023 Donatign5 gnd glfts Grants 10,697 10,697 93,446 6,608 122,311 93,446 122,311 10,697 93,446 104,143 6,608 122,311 128,919 Donatlons ind qlfts Dona0$ Gift Aid recl?Imed 2,324 8,373 2,324 8,373 3,608 3,QC¥) 3,608 3,000 10,697 10,697 6,608 6,608 In¢omefrom tharltsble ati1v1•S Unre5trlcted funds 2024 Unrestritted funds 1023 Charltable a¢tMtieJ Admlssion5 Cafe Merchandlse 87,730 50,050 12,491 96,494 56,231 19,315 150,271 172,040 10-
EASTRIGGS AND GRETNA HERITAGE GROUP (SCIO) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Incorno from othertrading artlvldes Unrestrlrted lunds 2014 Ae5trlcttd funds 2024 Total Unrestrftted funds Z023 Re5tTtrted fvnds 2023 Total 2024 2023 Fundra151ng events Shop Incorni Other income 532 450 2,968 532 343 2,968 771 771 11071 694 7,655 7,655 othertradlng acti¥ltie$ 3,950 11071 3.843 9,120 9,120 EMp•ndlture on fall1lundS Unr05tr1rt•d nd5 2024 Restrlrt4d funds 2024 Totsl Unre5trkt•d fund5 2023 R•strl¢ted funds 2023 Total 2024 2029 Tr8dlry ¢05ts Cordlte Club Acttvlty Costs 176 150 49 3,058 225 3,218 ioi 118 692 1,40S 793 1,523 326 3,117 3,443 219 2,097 2,316 11
EASTRIGGS AND GRETNA HERITAGE GROUP (SCIO) NOTE5 TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Charltable a¢t1e$ Mer¢hand15e Costs Researth Total 20Z4 TDtal 2023 2024 Z024 Staff costs Depreciation 8nd IM1rent Purchase5 Rent Llght and heat Repalrs and malntenanre Insurance other rnot0rltra1 costs Telephone Other offfcÉ costs Resources purchases AdVesIng Equlpment hire and malntenancè SubscrIpon5 stsff expense5 Studlo Arc Other charltable expendlture 145,708 25,873 24,795 27,187 11,126 12,436 2,480 145,708 25,873 28,846 27,187 11,126 12,436 2,480 139,766 46,279 39,151 27,510 ZO,203 13,874 1,344 4,051 1,680 441 1,680 441 5,406 1,598 366 4,371 1,637 812 31,684 4,362 733 5,183 1,050 1,598 366 4,371 345 8,375 345 8,375 12,424 4,051 273,193 277,244 346,012 Share of govèrnance costs lsee note 81 2,778 2,778 2,220 4,051 275,971 280.022 348,232 Analysls by fund Unrestricted funds. general Restricted funds 4,051 20L079 74,892 205,130 74,892 155,286 192,946 4,051 275,971 280,022 348,232 Forthe year ended 31 DEcember 2023 Unrestricted fund5- general Restrlcted funds 19,025 136,261 192,946 155,286 192,946 19,025 329,207 348,232 12-
EASTRIGGS AND GRETNA HERITAGE GROUP {SCIO} NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Support ¢05ts allocated to attivltlg$ 20Z4 2023 Govemance costs 2,778 2,220 Analysed between.. Charltsble activlttes 2,778 2,220 Tfu5te45 None of the trustees lor any persons cehnected wlth theml recelved any remuntratton durln8 the ye¥, but three trustees were relmbursed è total of £96 for Items purchased on behalf of the charlty12023. elght trustees were reimbursed £9,656). Employees The average monthly number of employees durlngth• yearwas.. 2024 Number 2023 Number Totsl employe li io Employment CO515 2D24 2023 Wa8e5 and salarfes Sgoal 5ecurltycosts 143,014 2,694 130,988 8,778 14S,708 139.766 There were no employees whose annual rernuneration was more than E60.0. li Taxatton The charlty Is exemptfrom tsxadon on Its acdvlifjes because all Its Income Is applled for charltable purposes, 13-
EASTRIGGS AND GRETNA HERITAGE GROUP {SCIO) N(yfES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 12 Tanwblefixed assets ieahold £qLM Comrytets Totsl C05t At l January 2024 2L752 24,330 21.501 35&293 40,328 466.204 At 31 December 2024 21.752 24J30 21.SOI 358,293 40.328 466.204 Deprttialion and impairment At l January 2024 Depreclation charged in the year 8.464 870 973 973 19,(B2 1.235 317.839 20,429 34,556 2366 380,864 25.873 At 31 December 2024 9.334 20267 338,268 36,922 406,737 Carrying amount At 31 December2024 12,418 22,384 1.234 20.025 3.406 S9.467 At 31 December 2023 13.288 23.357 2.469 40.454 5,772 È5,340 -14_
EASTRIGGS AND GRETNA HERITAGE GROUP (SCIO) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Httltage a55ets Bar¢lay En8ln8 Museum ArtElirtg Totsl At l Jonuory 2024 and •t JI December 2024 30,520 21.580 52,100 ThE charlty holds heritage 3S5ets, whlch are tanglble fixed is5et5 of historlcDI, artistic or sclenttflc impDrtsnce that are held to advancè preservation and conseNath'on oblectfves of the charlty. Newly purchased heritage assets are capita115ed and included at C05t or valuatlon Includlng any Incldentsl expenses of acqulsltion. where such a cost or valuatfon15 r8asonably obtalnable. Donated assets have been capiiallsod at thelr deemed value at the year.end data. A profe551onal valuadon was £arrled out in 2014 and the trustte5 coTrslder the value to remaln unchanged. The herSta8e assels held, due to thelr nature art deemed to hav• Indeflnits useful Ilves and thelDre are not deprèclated. The Barel Englne has been recorded at cost In the accounts based on the actual costs incurred In gethnB the asset Into It5 present posIOn. Museum artefarts were profe5slonally valu8d In 2014 and aw reported at valu*on as due to th8 nature of the a558ts It Is not posslbla to ascertaln actual c05ts, 14 Stocks Z024 2023 R8w materlals and consurnables 6,872 3,565 IS Debtors 2024 Amounts fallln8 due wlthin one year., 2023 Trade debtors Other debtor5 PrepaThnts and acciued income 255 572 33,543 1312 2,567 38.561 15
EASTRIGGS AND GRETNA HERITAGE GROUP (SCIO) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16 Credltors.. amounts fallin8 withln one year 2024 2023 Other tsxadon and CIal securltv Trade credltots Accruèls and deferred IncDrne 2,230 4.056 1,389 73 452 6,286 1,914 17 Restrlcted lund¥ The restrictèd funds of the charlty Compr159 the unexpended balances of dOnaon$ and 8rnnts held on trust subject to spe¢iAc condltfons by dongr5 as to how they may be usèd. At l January 2024 Inwrnln8 resources Awourt•S axpendld Tranitèrs At 31 December 2024 127,265 93,339 178,0091 349 142,944 Prevlou$ year: At I14nuary ZOZ3 Incomlng r•sou0¥ Resources expqnded n5fers At JI December 2023 171,179 122,311 1195,0431 28,818 127,265 Unr•strlcted fvnds The vnrestricted funds of the charlty comprise the unexpended bal8nces of donattons and grants whlch a not sublect to specific condidon5 by donor5 and 8rantors as to how they May be used. Yhese includB deslgnated funds which have been set aslde out of unre5trlcted funds bylhe trustees for 5pecfftc purpose5. At l January 20Z4 Incomin resour¢ Rèsources e¥pended Transfers At 31 December 2024 General funds 463,190 164,918 1205,4561 13491 422,303 Pre¥lous Y. At lJiThuary 2023 In¢omlfftg rÈ50urce5 Resourcé5 •Jtpended Transfer5 At 31 December 2023 Generdl funds 459,745 187,768 1155,5051 128,8181 463,190 16.
EASTRIGGS AND GRETNA HERITAGE GROUP (SCIO) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR EAIDED 31 DECEMBER 2024 Analysi5 of net assets betw•èn fund$ Unrestrltted Unfestrirted funds funds general de$lgnat*d 2024 2024 Rt5tricted Endowment funds firnds Total 2024 2024 2014 At 31 De¢•mber 2024.. Tanglblp as58ts HeTitsge Bssets Current 3S5ets/lliabllldesl 29,046 51,722 341,535 30,421 378 112,145 59.467 52,100 453,680 422,303 142,944 565,247 Unrqstrlcted Unrestrl¢ted funds tunds 8èneral d•slqn¥Ee41 2023 2023 Restrtrted Endowmont funds funds Totol 2023 2013 2023 At 31 Dec•mber202S., Tangible assets Herltage assets Crrent assets/lllJblllttesl 25,878 51,722 355,590 59,462 378 67,425 85,310 52,1(Kl 453,OlS 463,190 127,265 590,455 20 Ael4tod pgrty transacttons There were no di5closable related rtYtransaclfjons durlngthe yepr. 17