TORRANCE COMMUNITY INITIATIVE SCOTTISH CHARITY NUMBER SC0357221 Annual Report and Financial Statements for Year Ended 31 May 2026 Trustees Annual Report structure, governance and management Type of governing documont Unincorporated association Trust99 recruitmont and appointment Recruitment is by advertising and local conlacts TSlee appoiy)tment is by the Charity Board Objectives and activities Charitable To promote the benefit of the inhabitants of Torrance in a common purposes effort to advan education and lo provide facilities, or assist in the provision of facilities, in the interest ol social welfare for recreation and other leisure time (CuPation so that their conditions of life may be improved. Summary of the main activities in relation to these objects Managing, maintaining and improving Woodmill Park in the village of Torrance for the benefit of the villagers and visitors, e.g. maintain plant containers and walking paths., plant new trees,. supply picnic benches,. display wooden sculptures from local artists., undertake regular repairs & maintenance Enhancing the Fairy Trails within the parf( for the benefit of children, through adding new creative features and encouraging villagers to do likewise with their own designs Providing signs showing images and infomiation on different species of local birds and trees Maintaining a bee & butterfy garden to provide a habital for crucial pollinators, boosting local biodiversity and enhancing the health of plants Arranging regular work days to encourage volunteer participation in maintaining the paTk Renting out the football pitch to Torrance Foolball Club ITFC), providing a playing and training field for the village team and visiting clubs pB.I
Achievements and performance Summary of the This was another positive and busy year for the Board. As well main as a focus on maintaining and improving the park lo ensure that achievements of the residents of Torran can continue to benefit from it, there the charity during has also been a focus on improving the governance of the the financial organisalion. period A decision was laken to change the legal structure to become a Scottish Charitable Incorporated Organisation ISCIOI with a change to the charity's name to describe the activities more accuratety and an updated constilulion. OSCR has now given the necessary permission and a SCIO called Woodmill Community Park has been set up. The litle deed for the main asset being the land hag been Iransfeffed to Woodmill Community Park. A Special General Meeting of Torrance Community Inilialive is being held in June to approve that this charity should be wound up and the remaining assels transferred to W(K)dmill Community Park. In ternis of improving the park, a local tree surgeon was contracted to cul down some unsafe Irees which were overhanging an adjoining garden. Also, due to concems about the changing weather pattems and the need lo establish the condition of the trees around the park. a tree inspection and survey were carried out. This hKJhlighted the presence of ash dye back and identifd tr*s to be cut down. Two grants were applied for and awarded for the costs of the tree survey and tree felling. East Dunbartonshire Climate Action Hub Seed fund gave £500 and East Dunbartonshire Council gave £1196. Following the transfer lo Ihe new SCIO. the Board will be establishing the full cost of the trees identified to be taken down and how this will be funded. This will secure the fijlure of Ihe remaining trees in the park. For fundraising there were 2 main events during this financial year. Firstly the Campsie Show was another great fundraising success and worth the hard work collecting the prizes and running the tombola stall as seen in the £853 fundraising total in the accounts. Secondly a music COnrt took place in the k)cal hall and £430 was donated lo charity from the ticket donations and raffle. The Board would like to thank Alan Reid for all his hard work in organising and performing at the concert. The Board aim to continue lo maintain and improve the park in the future for the benefit of the people ol Toriance and would welcome new Board members and volunteers. pg.2
Financial review Brief statement of the charity's policy on reserves The charity has no regular running costs and specific improvement projects are funded by grants. Unrestricted funds are increased through fundraising efforts and will be required for contingency purposes and future unfunded work e.g. te surveys and review of the govemance arfangements. There was a deficit of £542 in this year Details of any dgficit BOARD OF TRUSTEES Name of person;"'-" :: (or body) entitled •. Dates acted if •-~ notforwhole i¥•, .; -fs:'kn appolnt trustea (rf ' Trustee name l Julie Wilson i Irene McGill | Chairperson | VI Chairperson | l jani Rosie | Mhorag Murphy | Sheila Traynor | Douglas Slowman | Secretary Treasurer i Resigned 2nd l February 2026 Registered address 9 Craigmarloch Avenue Torrance G64 4AYn Declaration The trustees declare that they have approved the trustees, report above. pg.3
Signed on behalf of the trustees Full name n(¥LI WILSO Position (eg Chair) C14AI(L Signed Date pg.4
TORRANCE COMMUNITY INITIATIVE Income and Expenditure Statement for Year Ended 31 May 2026 2026 Unrestri¢ted Funds 2026 Reslricted Funds note 2 2026 TOTAL 2025 TOTAL INCOME Football itch lets Donations Fundraisin Campsie Show Folk music concert 900 476 900 476 297 853 430 853 430 900 Grants East Dunbartonshire Climate Action East Dunbartonshire Communit rant Bank interest TOTAL INCOME 5LIJ 500 500 1,196 1,196 200 2.859 311 EXPENDITURE Park maintenan Park lantin and im Tree sur work Tree sutve Insurance AGM costs Fundraisin ex enses Gifts for volunteers Le al fees Bank fees Other 351 124 351 220 644 6,012 rovements 96 2,496 1.080 298 10 59 79 500 298 10 59 79 500 295 TOTAL EXPENDITURE DEFICIT I SURPLUS FUNDS BROUGHT FORWARD TRANSFER FROM UNRESTRICTED TO RESTRICTED FUNDS CARRIED FORWARD 6,967 683 8,626 141 475 542 9,101 7,943 616 8,559 pg.5
TORRANCE COMMUNITY INITIATIVE Statement of Balances at 31 May 2026 FUNDS RECONCILATION 2026 2025 Cash at Bank and in hand on 1 June Deficit Cash at Bank and in hand on 31 Ma BANK AND CASH BALANCES Cash at Bank Cash in hand TOTAL FUNDS 9.101 542 8,559 13,360 4,259 9,101 8,459 100 8.559 9,001 100 OTHER ASSETS (UNRESTRICTED FUNDS AT ESTIMATED VALUE 2026 2025 Land called The Big Hill (title deeds transferred to new SCIO called Woodmill Communi Park March 2026 Portacabin and gardening tools, Ride on mower and strimmer. Wooden feature carvings, Benches (seated and picnic benches), Wooden carvings, Bins. Two dog poo bag stations, Fixed signs, Plant containers, Distance markers. Wooden and lastic to s, Fai trail decoration items TOTAL ASSETS 10,000 5,000 5,000 5,000 15,000 Signed by one of the trustees on behalf of all of the trustees Signature Print name Date of approval pg.6
Notes to the Accounts for Year ended 31 May 2026 Note 1- Basis of Accounting These accounts have been prepared on the receipts and payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). Note 2 - Restricted Funds Fund 1 June 2025 Income Expenditure Transler from unrestricled funds 31 May 2026 Park Improvement fund Tree survey and tree felling East Dunbartonshire Climate Action 475 1475) 500 (500} Tree survey and tree felling East Dunbartonshire Community grant 1,196 (580) 616 TOTAL 475 1.696 616 Note 3 - Transfer of land asset The title deeds for the land owned by Torrance Comrnunity Initiative (known as the Big Hill) were transferred to the new SCIO called Woodmill Community Park on 30th March 2026. This was in advance of Torrance Community Initiative being wound up and all the remaining assets being transferred to the new Scottish Incorporated Organisation called Woodmill Community Park. pg.7
Independent Examiner's Report to the Torrance Community Initiative member3 I report on the accounts of the charity for the year ended 31 March 2026 which are set out on pages 5 to 7. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordan with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and Ihe Charities Accounts {Scotland) Regulations 2006 {as amended). The charity trustees consider that the audit requirement of Regulation 10{1) Id) 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 Act and to state whether particular matters have come to my attention. Basis of independent examiner's statement My examination is carried out in accordan with Regulation 11 of the 2006 Account5 Regulations. 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 conceming any such matter. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express and audit opinion on the view given by the accounts. Independent examiner's ststement 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 the 2006 Accounts Regulations To prepare accounts which accord with the aoUntIng 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. Name (print) Sign Date TgE r* . Relevant Professional Qualification Address 3 C&rMAtk 6& pe.8