REGISTERED COMPANY NUMBER: SC228567 (Scotland) REGISTERED CHARITY NUMBER: SC032765
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Report of the Trustees and Unaudited Financial Statements For The Year Ended 30 April 2025 for
Glenrinnes Community Centre
The Long Partnership 4 North Guildry Street Elgin Moray IV30 1JR
Glenrinnes Community Centre
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Contents of the Financial Statements For The Year Ended 30 April 2025
Page Report of the Trustees 1 to 2 Independent Examiner's Report 3 Statement of Financial Activities 4 Balance Sheet 5 to 6 Notes to the Financial Statements 7 to 12 Detailed Statement of Financial Activities 13
Glenrinnes Community Centre
| Report of the Trustees : For The Year Ended 30 April 2025
: their benefit. benefit. | The charity is dependent on the support of the volunteer Trustees and their families and a wider network of people who collectively put on Events and Activities. The Trustees provide up to approximately 10 hours unpaid service per month, | although considerably more in the case of the Chair. | ACHIEVEMENTS AND PERFORMANCE | During the year year the GCC GCC council put on on a full range of events events and activities. The regular events have been well attended such as the coffee mornings, weekly and the big breakfast monthly. Other events that have been held included a successful memories day, quiz night, bingo tea and fireworks display. The aim of the committee is to keep the | community involved and hold events that they enjoy so thus providing opportunities to socialize. The committee also
7 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with | the financial statements of the charity for the year ended 30 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
The charity operates the Glenrinnes Hail (Glen Hall) for the benefit of the residents of Glenrinnes and its environs, ie the surrounding area. The work it does is consistent with this, and in relation to maintaining and improving the Glen Hall for their benefit. benefit.
During the year year the GCC GCC council put on on a full range of events events and activities. The regular events have been well attended such as the coffee mornings, weekly and the big breakfast monthly. Other events that have been held included a successful memories day, quiz night, bingo tea and fireworks display. The aim of the committee is to keep the community involved and hold events that they enjoy so thus providing opportunities to socialize. The committee also invested in the hall with improvements such as new insulation along with new kitchen equipment that helped with the events carried out.
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The events raised £25,118 with other main income coming from Dornell grants of £61,538, but these were reserved for specific items. Expenditure increased due to more events being held along with refurbishments, giving a total expenditure of £69,558.
This left an overall net income of £19,601.
FINANCIAL REVIEW
It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which covers unrestricted expenditure and provides sufficient funds to cover management, administration and support costs and is sufficient to cover emergency maintenance costs.
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The level of unrestricted funds held at the year end was £79,865 of which £61,799 represented fixed assets.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
Restricted funds amounted to £21,891 at the year end and to be spent in accordance with the purposes for which they were provided.
The trustees have assessed the major risks to which the charity is exposed.
STRUCTURE, GOVERNANCE AND MANAGEMENT The company is a recognised charity number SC032765. It is a company limited by guarantee, not having a share capital and is governed by the rules set out in its Memorandum and Articles of Association.
The Charity is administered by the Board of Trustees/Directors/GCC Council, which approved this report.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number SC228567 (Scotland)
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Glenrinnes Community Centre
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Report of the Trustees For The Year Ended 30 April 2025
Registered Charity number S$C032765
Registered office Glenrinnes Dufftown Keith Moray Trustees Mr R J Macdonald Ms F E Gill Mr A Laing Ms W Stephen Independent Examiner Alan Long FCA The Long Partnership 4 North Guildry Street Moray TV30 1JR
Bankers The Royal Bank of Scotland 209 High Street Elgin Moray IV30 IDL
Approved by order of the board of trustees on 22 December 2025 and signed on its behalf by:
) Mr A Laing - Trustee
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Independent Examiner's Report to the Trustees of Glenrinnes Community Centre
I report on the accounts for the year ended 30 April 2025 set out on pages four to twelve.
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 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) 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 the independent examiner's report
My examination was catried 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 seeking explanations from you as 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 connection with my examination, no matter has come to my attention :
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
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- to prepare accounts which accord with the accounting records and to comply with Regulation 8 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.
Alan Long FCA
The Institute of Chartered Accountants in England and Wales
The Long Partnership 4 North Guildry Street Elgin Moray IV30 WR
22 December 2025
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Glenrinnes Community Centre
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Statement of Financial Activities
For The Year Ended 30 April 2025
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|---|---|---|---|---|---|---|---|---|
|30.4.25|30.4.24|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|£|
|INCOME AND ENDOWMENTS FROM|
|Donations|and|legacies|1,600|61,576|63,176|36,167|
|Charitable|activities|
|Hall|hire|and|refund|of expenses|352|-|352|283|
|Fundraising|events|25,118|-|25,118|6,806|
|Investment income|2|513|-|513|366|
|Total|27,583|61,576|89,159|43,622|
|EXPENDITURE|ON|
|Charitable|activities|
|General|hall|activities|
|34,780|21,971|56,751|16,497|
|Fundraising|events|-|-|-|2,455|
|Raising|funds|11,489|-|11,489|1,014|
|Other|1,318|-|1,318|1,999|
|Total|47,587|21,971|69,558|21,965|
|NET INCOME/(EXPENDITURE)|(20,004)|39,605|19,601|21,657|
|Transfers|between|funds|9|25,216|(25,216)|-|-|
|Net|movement|in|funds|5,212|14,389|19,601|21,657|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought|forward|74,653|7,502|82,155|60,498|
|TOTAL FUNDS|CARRIED|FORWARD|79,865|21,891|101,756|82,155|
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The notes form part of these financial statements
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Glenrinnes Community Centre
Balance Sheet 30 April 2025
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|30.4.25|30.4.24|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|£|
|FIXED|ASSETS|
|Tangible|assets|6|61,799|-|61,799|51,580|
|CURRENT|ASSETS|
|Debtors|7|881|-|881|24,919|
|Cash|at bank and|in hand|22,625|21,891|44,516|7,894|
|23,506|21,891|45,397|32,813|
|CREDITORS|
|Amounts|falling due within one year|8|(5,440)|-|(5,440)|(2,238)|
|NET CURRENT ASSETS|18,066|21,891|39,957|30,575|
|TOTAL|ASSETS|LESS|CURRENT|
|LIABILITIES|79,865|21,891|101,756|82,155|
|NET ASSETS|79,865|21,891|101,756|82,155|
|FUNDS|9|
|Unrestricted|funds|79,865|74,653|
|Restricted|funds|21,891|7,502|
|TOTAL FUNDS|101,756|82,155|
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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Glenrinnes Community Centre
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Balance Sheet - continued
30 April 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 22 December 2025 and were signed on its behalf by:
Mr A Laing - Trustee
The notes form part of these financial statements
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Glenrinnes Community Centre
Notes to the Financial Statements For The Year Ended 30 April 2025
- ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. | Expenditure : Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the , charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and : the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of | resources, | Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful : life.
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Freehold property - 4% on cost Plant and machinery - 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
- INVESTMENT INCOME
30.4.25 30.4.24 £ £ Deposit account interest 513 366
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Glenrinnes Community Centre
Notes to the Financial Statements - continued For The Year Ended 30 April 2025
- NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
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|30.4.25|30.4.24|
|£|£|
|Depreciation|- owned|assets|16,234|7,612|
|Surplus|on disposal|of fixed|assets|(100)|-|
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4, TRUSTEES' REMUNERATION AND BENEFITS
| There were no trustees' remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.
| Trustees’ expenses | There were no trustees' expenses paid for the year ended 30 April 2025 nor for the year ended 30 April 2024. | 5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES FOR THE STATEMENT OF FINANCIAL ACTIVITIES THE STATEMENT OF FINANCIAL ACTIVITIES OF FINANCIAL ACTIVITIES FINANCIAL ACTIVITIES ACTIVITIES | Unrestricted Restricted Total | fund funds funds INCOME AND AND ENDOWMENTS FROM : Donations and legacies and legacies legacies 7,500 28,667 7 Charitable activities 7 Hall hire hire and refund refund of expenses expenses 283 -
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|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES FOR THE STATEMENT OF FINANCIAL ACTIVITIES THE STATEMENT OF FINANCIAL ACTIVITIES OF FINANCIAL ACTIVITIES FINANCIAL ACTIVITIES ACTIVITIES|
|Unrestricted|Restricted|Total|
|fund|funds|funds|
|INCOME AND AND|ENDOWMENTS|FROM|
|Donations and legacies and legacies legacies|7,500|28,667|36,167|
|Charitable|activities|
|Hall hire hire|and refund refund|of expenses expenses|283|-|283|
|Fundraising|events|6,806|-|6,806|
|Investment|income|366|-|366|
|Total|14,955|28,667|43,622|
|EXPENDITURE|ON|
|Charitable|activities|
|General|hall|activities|
|13,192|3,305|16,497|
|Fundraising|events|2,455|-|2,455|
|Raising|funds|$50|464|1,014|
|Other|1,999|-|1,999|
|Total|18,196|3,769|21,965|
|NET INCOME/(EXPENDITURE)|(3,241)|24,898|21,657|
|Transfers|between|funds|27,411|(27,411)|-|
|Net|movement|in|funds|24,170|(2,513)|21,657|
|RECONCILIATION|OF|FUNDS|
|Total|funds brought forward|50,483|10,015|60,498|
|TOTAL FUNDS|CARRIED|FORWARD|74,653|7,502|82,155|
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Glenrinnes Community Centre
Notes to the Financial Statements - continued For The Year Ended 30 April 2025
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- TANGIBLE FIXED ASSETS
| 6. | TANGIBLE FIXED ASSETS | ||||
|---|---|---|---|---|---|
| Fixtures | |||||
| Freehold | Plant and | and | |||
| property £ |
machinery £ |
fittings £ |
Totals £ |
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| COST At 1May2024 Additions Disposals |
136,675 - - |
18,431 26,453 (3,130) |
17,670 - - |
172,776 26,453 (3,130) |
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| At30April2025 | 136,675 | 41,754 | 17,670 | 196,099 | |
| DEPRECIATION At 1 May2024 Charge foryear Eliminated ondisposal |
105,330 5,452 - |
15,504 6,364 (3,130) |
362 4,418 - |
121,196 16,234 (3,130) |
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| At 30 April 2025 | 110,782 | 18,738 | 4,780 | 134,300 | |
| NETBOOKVALUE | |||||
| At 30 April2025 | 25,893 | 23,016 | 12,890 | 61,799 | |
| At 30 April 2024 | 31,345 | 2,927 | 17,308 | 51,580 | |
| 7. | DEBTORS: AMOUNTS FALLINGDUEWITHINONEYEAR | ||||
| 30.4.25 | 30.4.24 | ||||
| £ | £ | ||||
| Trade debtors | - | 24,381 | |||
| Prepayments | 881 | 538 | |||
| 881 | 24,919 | ||||
| 8. | CREDITORS: AMOUNTS FALLINGDUEWITHINONE YEAR | ||||
| 30.4,25 | 30.4.24 | ||||
| £ | £ | ||||
| Trade creditors | 4,315 | 611 | |||
| Accrued expenses | 1,125 | 1,627 | |||
| 5,440 | 2,238 |
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Notes to the Financial Statements - continued For The Year Ended 30 April 2025
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|9,|MOVEMENT|IN|FUNDS|
|Net|Transfers|
|movement|between|At|
|At|1.5.24|in|funds|funds|30.4.25|
|£|£|£|£|
|Unrestricted|funds|
|General fund|74,653|(20,004)|25,216|79,865|
|Restricted funds|
|Membership|fees|158|38|(196)|-|
|Microgrant|fund|7,344|(6,561)|-|783|
|Hall repair fund|-|46,128|(25,020)|21,108|
|7,502|39,605|(25,216)|21,891|
|TOTAL FUNDS|82,155|19,601|-|101,756|
|Net movement|in funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|27,583|(47,587)|(20,004)|
|Restricted|funds|
|Membership|fees|38|-|38|
|Microgrant fund|-|(6,561)|(6,561)|
|Hall repair fund|61,538|(15,410)|46,128|
|61,576|(21,971)|39,605|
|TOTAL FUNDS|89,159|(69,558)|19,601|
|Comparatives|for|movement|in|funds|
|Net|Transfers|
|movement|between|At|
|At|1.5.23|in|funds|funds|30,.4.24|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|50,483|(3,241)|27,411|74,653|
|Restricted|funds|
|Membership|fees|93|158|(93)|158|
|Microgrant|fund|8,960|(1,369)|(247)|7,344|
|Hall|repair fund|462|26,109|(26,571)|-|
|Community|Centre|500|-|(500)|-|
|10,015|24,898|(27,411)|7,502|
|TOTAL FUNDS|60,498|21,657|-|82,155|
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Notes to the Financial Statements - continued For The Year Ended 30 April 2025
9, MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
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|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|14,955|(18,196)|(3,241)|
|Restricted funds|
|Membership|fees|158|-|158|
|Microgrant|fund|-|(1,369)|(1,369)|
|Hall|repair|fund|28,509|(2,400)|26,109|
|28,667|(3,769)|24,898|
|TOTAL FUNDS|43,622|(21,965)|21,657|
|A current year|12 months|and prior year|12 months combined position|is as follows:|
|Net|Transfers|
|movement|between|At|
|At|1.5.23|in|funds|funds|30.4.25|
|Unrestricted|funds|
|General|fund|50,483|(23,245)|52,627|79,865|
|Restricted|funds|
|Membership|fees|93|196|(289)|-|
|Microgrant|fund|8,960|(7,930)|(247)|783|
|Hall|repair|fund|462|72,237|(51,591)|21,108|
|Community|Centre|500|-|(500)|-|
|10,015|64,503|(52,627)|21,891|
|TOTAL FUNDS|60,498|41,258|-|101,756|
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Notes to the Financial Statements - continued For The Year Ended 30 April 2025
9, MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|42,538|(65,783)|(23,245)|
|Restricted|funds|
|Membership|fees|196|-|196|
|Microgrant|fund|-|(7,930)|(7,930)|
|Hall|repair fund|90,047|(17,810)|72,237|
|90,243|(25,740)|64,503|
|TOTAL FUNDS|132,781|(91,523)|41,258|
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10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2025.
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Detailed Statement of Financial Activities For The Year Ended 30 April 2025
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|30.4.25|30.4.24|
|£|£|
|INCOME AND|ENDOWMENTS|
|Donations|and|legacies|
|Donations|1,600|-|
|Grants|61,538|36,009|
|Membership|fees|38|158|
|63,176|36,167|
|Investment|income|
|Deposit|account|interest|513|366|
|Charitable|activities|
|Fundraising|events|25,118|6,806|
|Hall|hire|352|283|
|25,470|7,089|
|Total incoming|resources|89,159|43,622|
|EXPENDITURE|
|Charitable|activities|
|Insurance|1,044|«595|
|Light|and|heat|7,552|4,008|
|Telephone|882|752|
|Postage|and|stationery|18|-|
|Advertising|-|355|
|Sundries|404|90|
|Fundraising|expenses|11,977|3,469|
|Repairs|25,050|3,657|
|Accountancy|924|1,247|
|Grants|to|other|organisations|4,000|-|
|Professional|fees|-|180|
|Donations|to|community|activities|1,567|-|
|Freehold|property|5,451|5,511|
|Plant|and machinery|6,364|1,739|
|Fixtures|and|fittings|4,418|362|
|69,651|21,965|
|Support|costs|
|Finance|
|Bank|charges|7|-|
|Gain on|sale|of tangible|fixed|assets|(100)|-|
|Total resources|expended|69,558|21,965|
|Net income|19,601|21,657|
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This page does not form part of the statutory financial statements
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