Rewred aritynUrnber SC048524 POLDRATE ARTS AND CRAFTS CENTRE SCIO A¥NUAL REPORT AND ACCOUWTS forth• 5•ar•I•d 31 July2023
POLDRATE ARTS A) CRAFfs CENTRE SCW) YEAR EKIED 31 JULY 2023 ANhlUAL REPORT OF THE TRUSTEES The trteeS pn¢ ts r8PCrt and of Ih8 Powrate Arts #FKI Cwrtro SCIO IPACClforth8 year eThd 31 Juty 2W23. rhe accounts caJmp¥ wrth the wuntrnnts of Chanlie8 Trustee Investrnl (ScouA1) 2(5 AL#. the Charrtles Accoxts l¥aJlanOI 2CO6 the dnI$ gwmiry thcument. Ch•rlty recognttlo PokJrat8 Arts and Crdts Cente SCIO18 rajTes lth the Offir£ ofthe S&knh Chvity R&JuL8tor IOSCRI as a carity is rettrf¢lgJ <n the lt of SaJtri%h Chari18S. R•gh¢•Tl Clwl¢y iiumb•r L•gal and ctharftsbf• sta4 %%8 88t8blish&l a sCotth Chwi1ab Irthwrated OrganisalA)m on 5 Juty 2018. The charlly wa5 pr(X an unirle) assooation ISC(L313981. Incl Tru8teg Th¥ trwoleMs servinfj iThrouqh(xJr the )eroO 10 the ojatts of thB r•tyt are •8 fW3.. Indopen(I•M Examkner 44 thurt Street addingt East Lothla) EH413NP
POLDRATE ARTS AND CRAFfs CEIITRE SC YEAR ENDED J1 JULY 2023 AI•IUAL REPORT OF THE TRUSTEES R•mthirt ap110[rt oltrusts85 l of the Centre's trusteea are ewtynled w rEapwiiteA tty the mernbtxs at the annual 9gfiero1 Th%19 v•hiGh ig in O¢oberTr4ov8mbereach yaar. G¢Nemlw document The Centre is a charitabl¢ it8 and a¢knlnistrai arrwoements are set (xrt In the ron&li¢ution. cha1#bI• Purpowes The purposes. 88 ra¢tyded Sn th¢ Li)n8tiiutlw to aTrJ the atuty, prnc1e 8nd kntsW (4 t vwal art5 n Easl Lothien. Actlwtl•• and A¢hlewmfrnts Tho Trustses are F48as8d to wpjrt that th48 b88n • ry su(Y•lul y8ar for the csTg8nisatDn wth both mwntefshlp numt>trs and dass hA)rn wevou5 stars rnary cèsse5 belThg compleiely fLII. Wè h•kl a wel Jupportvj &id attondod Momborn'axhibitK)n at Easterwth ovtrr 200 hFh quality erri08 f[rIg lh8 9¥1 Bpace on tho try) fitror of th• Grany trMJildfftg. A TLrtor%' •xhibrtion ran ovw tho summer In Ihe Jn Gray Cenire In HacIding[ to promok ihe of PACC and Ihe tutors Andrw wats gave a very ip.teresting iak on W1nr &ndscape pa'nts'ng through the 8ges in D•cernbw 2022 and thanks lo a generous donati)n. we hcptr to be able to hokl rnore talks in th8 future. Weekend vrnkShopJ were atso neld In wty"ThJ arbj Looklng loryArd ar• off4ffq dAS8•B kn knbUfir4 and IAndBtap• lIng kn 2023r24. M•rnbor•hlp In 2022123 there w¢r¢ 302 pawrg rnernbws 13 tutor member8 and 61ts MeMlS. M8mtsér+lp Lx)sts £15 pw year an¢J Ihs c£N)u to SLWll¢ of o)re 91 ruMln9 PACC. Thls r4¥esenis 6llghl Incro88a h nLmbor8 of memb¢r8 from 284 In 2021r22. Donatsd ldlltKq PACC oc¢urxes premise8 in Ihe Eliz&toth Hfik)n Buldros. H8ddiigtDn. byTr L8mp of Lolhi8n TnAI whth we use reni free. sinc• 2021 Th Lamp alw payfor ulljbes. PAGC mak68 8 Q¢*aion toward8 Iho cosl of ublttiè8 •nd the upkp of t1 Th• L•mp of Lolhian BO3 of TruSIe continuos Io upw4d• •nd fftprov•lh• f•dllti•g of th• Pohlraie bJildingB
nd to provide 9JPPOrt to al the usèrs of thè bu119$.
Tha PACC 0)nltte? is v¢ry 9rdlthil ts th15 SUFWL Thé T$tOeS believe th8t il approwte forPACC to * Iwel of reseNe$ wffiei•nt to allow it to pa wth changes in d&maThJ rts thrts. io me818nyunlor¢soen exp0r>Jthrp 8T to Ewllde resourtes to replarx rnaicy ilems OfeqJmenl gjch as klns. There was on 0xC of re¢¥)ts ¢yM eypeThthtU (rf £13,W12021122 £5,376) hrgaty8s 8 r88uI offulr das8a$ and very e>pendilure on equipment or klbTr mainteNJrt8. Rcseryes arr atxJ¥? pre-pandemiG ve13 and we arn kjoknng to r•pknc supplorn•nt oquipmont knvo18 afya8. Al 31 Juty2023 Ihwe %we Unrest reswv•s of7.94> ofMthA £7,825 8r& tsmiark8d l¢Jwwdsthe cost of Trplaang kihs. Wlndlnq up of unlneon>orntod chrlty OSCR has cnI8{1 to the winding up ofthe prUS unirwpwated tharity8ThY once th¢ bank acwunt b.as been transfeffed to the SCIO. the c4J d)aiityMlI te remo from Ihe reg+ster of Scotitsh cJ)afil*s. roved o thc trLStQQg anc si 13 Noven)bw 2023
POLDRATE ARTS AND CRAFfs CENTrE SCIO YEAR ENDED 31 JULY 2023 STATEME1 OF RECEIPTS AND PAYMENTS Unrestrthd Restricted Funds Funds To1 Totsl Funds 2023 FuThls 2022 Inwnlng rnsourc mbership subscn"pllons Adult da¥¥, Jelf help group8 and w(thhcp3 and klln firing RDOTrI kn.re Exhibitions ODnalims ise£llaneous irtom8 Bank Interest 4.530 73.487 è28 240 890 261 17 2.748 57,401 73,487 028 240 89) 261 17 270 363 67 50 TLI rnc8lFts 80,358 80,358 61.560 R•source$ •xp•n(l•d Costs of da&s88 ar¥J rS1K1PS ExhitIOnS ter¢als Printng, ststionèry and ptsgtsge Corry)uler and website costs Insurance aeaning Equipm&nl purcha Repairs m8inten8ne ¥Ltlldfieou$ Independenl exJninatK Bank Charges tk)nolw - L8mp of Lothi 47.025 131 4.518 328 47.025 131 4.518 328 833 1,093 1.279 226 37.348 192 3.324 605 1,045 899 693 2,546 342 1,093 1.279 85 540 1.237 10.000 540 1.237 10000 504 986 Tot4 Dgyrnents SUluSI{dofdtI for lh8 perfod R•¢onclll•tl¢n of Funds Total fund8 brought loward 13.064 13.064 5,376 24,885 24.885 19,509 Tol•l lunts carried fopwd 37.949 Approved by Ihe TnJgtee8 on 13 2023 nrt lon•d nn ltrlr hy
POLDRATE ARTS AND CRAFfs CEP4TrE SCIO STATEMENT OF BALANCES 31 JULV 2023 Total Funds 31107r2023 Total Funds 3110712022 Bank and Cash In Hand (Nole 1) Opening balance 24.885 19,509 (D8ficilySurplus for Year 13.064 Closing balance 37,949 24,885 Represented by.. Bank balances ( Note 3) Paypal Account 28,987 19,102 37.949 24,885 Reserrfos Unreslricted Inciyne funds 37.949 24,885 Restricted Income Funds Closlng balanc8s (Nol8 4) 37.949 24.885 31107r2023 31KI712022 Other asaet8 Potlery Klln 1,500 1,Jroo Glass Klln 1,250 1,250 Total 2.750 2,750 The financial stalemenls were approved by the Board of Trustees on 13 November 2023 2nd were siqnèd on ils behalf by
POLDRATE ARTS ANO CRAFfs CEPffiiE SCK> NOTES TO THE ACCOUNTS YEAR ENDED 31 JULY 2023 1. Basls ol preparatlon Tha accounts hav$ beon prepar8d on a Tipts arxl paY7nts basis. They are ppared usirKJ the winciples ol merger )untIng as akwied to and payments accounts so as to present the transactions and b8larw of the SCIO aThl its predecessor unincorporated body as one. l Twstso rmun¢ratlon ond exwns The SCIO'S insuranc policy indude5 Trustee Irthmth Insurance for all its truste. No othar r¥munoration Was P8KI to the Iruslees in their TO 85 trustees. T¥ trustees are also class iutots, ¥tho re the sam• ratss 88 all other tuloTs and reiVed £7.460 in totsl. 3. Analysls tsf bank b•lanc Th8 bank balances at 31 July 2023 arg anaPys&J a$". PACC SCIO PACC lun}rla 18,440 19.S)9 4. Analysls of tt)tsl balan6 Totsl balancos al 31 Juty. all of are lrestrIe. are: 31L23 31L1-22 PACC SCIO PACC lunincorporated body} 18,440 5,376 19,509 37.949
Independent Examlnevs Repcrfi ty th• Tnt••s of arKI Crafts Certre SCIO R•gkt•r•d eharfty Numb•fSC048524 I report on the xcounts chawtyfwthe y ende4J 31 JY 21rzJ wl¥th are set oul on 1.5 R••p•GtPrf• repon•lbllltlB¥ gf In1•• exoThlnEr Thp ¢hartrfs tnJstsD.8% arp. reSpOnse frjr the preparatkn d thè actsn In 9eeeAa Mih lh8 tsrnis of the Charities and Trusts8 Investrnenl Iseoknl 2005 kt 8nd the Charib89 Accounts Iscollandl Reojlalions 2006. The ch8rty tru$es n$er that the aJdrt requi0nI ol Regulation 1q11 Idl ofthe 2006 ACUnts Regulations does not appty. my responsibilty to ey3tYune the accountsas [er$¢on 44111 Icl of the Act and lo $tat& h8thar patiojlaw rnauvs have Cl lo rny attenlijr). Ba$1• of Ind•p•nd•nt •xamln•f•tat•m•nt MyexamnaDon 1$ umed out In acCor¢n wlh R&Jubtson 11 26 Accounts RegulatsJn8. An examhalon indudes a of ts KGounitrn9 re¢ords kepl by the Gharity and a coTnp3ri&un of the accy)unl8 PMsént&d trK)s• rxord8. It a180 i4deS COD8klarat)n of ary uAut4Jal it6m8 or éisdosurgs in Ihe aounts, and s•6ks explanations frcm Ihe twste8s concerThng any such rnthrs. Th8 procadur69 undèrtakèn do not prov#I8 811 lh8 d•nce that would ued In an aSt. consequentfy l th> Mt eywess an opiThh?n on th2 ¥ gfven by Ihe ottotsnts. In ts ¥r$I ofmy examnab'cffj. no mattor has coff• lo my 8tsonkn wlith siS rna ro8sonat48 to Ihal in arty matèii81 rèspoci th¢ rwlrements.. . to k••p ovAunbng rncnrd8 acc(dr wth Sa¢tiob1 44(11 (•) ofth• 200S A¢t ond RegubtKn 4 of 20 Atccwjnts RLAtn% • to pwre &ciJnts accLvd wth the 8tcountiio r80)rds and torr¥JtyvAth RoaulolKsn 9 olthe 2006Acuunts Reguknlw6 have not beem n181, or to whlch, in myopinion. atterthn S> b• crfdlrlo wabla a mr underanding of the acc¢yJnt5 to be 8¢he(S. ts Nov*rnbw 2023