## **Glenrothes Amateur Musical Association**
## **Annual Accounts for the Year Ended 30 November 2025**
**Charity No: SC037569**
**Trustees’ Annual Report**
## **Year ended 30 November 2025** p
report and accounts for the Glenrothes Amateur Musical
## **Reference and Administrative Information**
Charity Name: Glenrothes Amateur Musical Association Charity Registration Number: SC037569 Contact Address: 26 Drum Close Glenrothes Fife KY7 4SE
## **Trustees**
List all trustees who served at any time during the year up to the date of signing the accounts.
|Oliver Spink|President|
|---|---|
|Ashleigh Butchart|Vice President|
|Keith Breasley|Secretary|
|Cathie Brannigan|Treasurer|
|Kimberly Colliar||
|Fiona Butchart||
|Fiona Higgins||
|Isla Sutton-Peat||
|Susan Gibbs|_Elected AGM 2025_|
|Grant Duffus|_Elected AGM 2025_|
|Logan Booth|_Resigned april 2025_|
## **Trustees’ Annual Report (Continued)**
## **Independent Examiner**
Euan Farquhar CA
16 Groves Place Markinch Fife KY7 6QT
## **Bankers**
Bank of Scotland 9 Falkland Gate Glenrothes Fife KY7 9LW
**Trustees’ Annual Report (Continued)**
## **The Charities Objectives**
GAMA's objectives shall be to advance the education of the public in the arts, in particular musical and dramatic arts, by the presentation of public performances and other related activities and in furtherance thereof to present at least one musical production each year. We will also show similar efforts in relation to our youth group, GAMA Youth.
## **Manner of Appointment of Trustees**
New trustees are appointed by the group's members. The trustees are made up of the management committee of the unincorporated association who are elected at the annual general meeting normally held each year no later than the end of March. The office bearers of President, Vice President, Secretary, Treasurer, are all annual appointments. The President can only serve for a maximum of 3 years. The other 7 members serve for 3 years before being put forward for re-election.
## **Achievements and Performance**
We performed 6 performances of the musical ‘All Shook Up’ to a very appreciative, though small, audience. Our Youth group performed ‘Annie’, where again, the talents of the youngsters continue to surpass expectations. The National Operatic and Dramatic Association were very complimentary about both productions in a report given by their representative.
## **Reserves Policy**
The reserves are held in order to ensure that there is sufficient resources to fund the next musical production which the association has planned to perform.
## **Financial Review**
Principal sources of funding
Our principal source of funding is from our box office receipts, memberships and donations.
## **Results for the year**
The Financial Statements show the total income for the year to be £48,270 and the total resources expended to be £59,921 resulting in a loss of £11,651.
## **Grant making policy**
The Association will continue to make funds available for educational courses and has awarded funding to groups requiring assistance in the arts. Due to circumstances outwith our control no donation was given to St Columba's Church within this financial year. We also encourage our educational programme within our Youth section.
## **Statement on risk**
The trustees assess the major risks to which the charity is exposed on an ongoing basis and have established procedures to mitigate those that are identified as a result of these reviews.
**Trustees’ Annual Report (Continued)**
## **Trustees responsibilities**
Under legislation relating to charities in Scotland, the trustees are required to prepare yearly Financial Statements which give a true view of the state of the Association's affairs and of its incoming resources and application of resources, including its surplus or deficit for that year, and which have been properly prepared from and are in agreement with accounting records of the Association and comply with relevant disclosure requirements.
In preparing those Financial Statements, the trustees are required to:
Select suitable accounting policies and then apply them consistently. Observe the methods and principles in the Charities SORP 2005 Make judgements and estimates that are reasonable and prudent.
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
Prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the association will continue its activities.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the Association's financial position and enable the trustees to ensure that the Financial Statements are prepared in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the charity's constitution. The trustees also have a general responsibility for taking such steps as are reasonably open to them to safeguard the Association's assets and to prevent and detect fraud and other irregularities.
On behalf of the trustees
Signed
Date
**Glenrothes Amateur Musical Association**
## **SC037569**
## **Independent Examiner's Report to the Trustees Of Glenrothes Amateur Musical Association**
I report on the accounts of the charity for the year ended 30 November 2025 which are set out on pages 6 to 12.
## **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 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.
Euan Farquhar CA
16 Groves Place Markinch
Fife KY7 6QT
Date:
## **Glenrothes Amateur Musical Association Statement of Receipts and Payments For The Year ended 30 November 2025**
|**Statement of Receipts and Payments**
**For The Year ended 30 November 2025**
**Glenrothes Amateur Musical Association**|||||
|---|---|---|---|---|
|Donations
Receipts from fundraising activities
Gross trading receipts
Income from investments other than land and buildings
Expenses for fundraising activities
Gross trading payments
Donations
**Payments**
**Total Payments**
(Deficit) for year
**Receipts**
**Total Receipts**|**Note**
**1**
**2**
**3**
**4**
**5**
**6**
**7**|**Unrestricted**
**Funds**
**2025**
**£**
11,242
6,176
30,590
262
**48,270**
1,866
57,905
150
**59,921**
11,651
-|**Total**
**2025**
**£**
11,242
6,176
30,590
262
**48,270**
1,866
57,905
150
**59,921**
11,651
-|**Total**
**2024**|
|||||**£**
13,240
10,245
32,252
293|
|||||**56,030**|
|||||2,204
54,189
400|
|||||**56,793**|
||||||
|||||763
-|
## **Glenrothes Amateur Musical Association Statement Of Balances For The Year ended 30 November 2025**
|**Glenrothes Amateur Musical Association**
**Statement Of Balances**
**For The Year ended 30 November 2025**|||||
|---|---|---|---|---|
|**Cash Funds**
Cash and bank balances at start of year
(Deficit) on receipts and payments account
**Cash and bank balances at end of year**|**Note**
**8**
**9**|**Unrestricted**
**Funds**
**2025**
**£**
25,480
-11,651
13,829|**Total**
**2025**
**£**
25,480
-11,651
13,829|**Total**
**2024**|
|||||**£**
26,243
-763|
|||||25,480|
## **Signed on behalf of the trustees:**
Signature
Print Name
Date
**Glenrothes Amateur Musical Association**
The principal accounting policies, which have been applied consistently in the current and preceding year in dealing with items which are considered material to the accounts, are set out below.
## **Basis of preparation**
The accounts are prepared in accordance with the Accounting Regulations set out under the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, and with the Charities Statement of Recommended Practice 2005. The accounts are prepared on a receipts and payments basis, recognising incoming and outgoing resources as and when they are received or paid.
## **Nature and Purpose of Funds**
Funds are classified as either restricted funds or unrestricted funds, defined as follows.
Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still within the wider objectives of the charity.
Endowment funds are funds which have been given on the condition that the original capital sum is not reduced, but the income there from is used for the purpose defined in accordance with the objects of the charity.
Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees’ discretion to apply the fund.
**Glenrothes Amateur Musical Association**
## **Grants and Donations Payable**
The association makes grants and donations to other organisations whose charitable objects compliment its work.
They are accounted for in the year in which they are paid.
## **Taxation**
Glenrothes Amateur Musical Association is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. The charity is not registered for VAT and resources expended therefore include irrecoverable input VAT.
## **Glenrothes Amateur Musical Association Notes Forming Part of the Financial Statements For The Year ended 30 November 2025**
|**1**
**Donations**
Membership Annual Fees
Weekly Fees
Friends
Grants & Donations
Gift Aid
**2**
**Receipts From Fundraising Activities**
Events - Concert party/Social Events
Fund Raising
Catering
Sales - Teas
Photographs, CD/DVD etc.
T-Shirts
**3**
Box Office Receipts
Programme Sales
Programme Advertisements
Prize Draw
Income Scores & Libs
**4**
Bank Of Scotland
**Gross Trading Receipts**
**Investment income**|**Unrestricted**
**Funds**
**2025**
**£**
7,668
1,343
50
697
1,484
**11,242**
2,726
160
190
1,181
712
1,207
**6,176**
26,954
942
860
1,809
25
**30,590**
262
**262**|**Total**
**2025**
**£**
7,668
1,343
50
697
1,484
**11,242**
2,726
160
190
1,181
712
1,207
**6,176**
26,954
942
860
1,809
25
**30,590**
262
**262**|**Total**
**2024**|
|---|---|---|---|
||||**£**
7,295
111
90
4,957
787|
||||**13,240**|
||||5,117
3,120
-
283
607
1,118|
||||**10,245**|
||||29,385
622
1,322
898
25|
||||**32,252**|
||||293|
||||**293**|
## **Glenrothes Amateur Musical Association Notes Forming Part of the Financial Statements For The Year ended 30 November 2025**
|**5**
**Expenses For Fundraising Purposes**
Social & Educational Events
Prize draw
T-shirts
**6**
**Gross Trading Payments**
Rothes Halls - Rehearsal costs
Box office commission
Credit card commission
Radio microphones
Scenery, props & lighting
Costumes, wigs & make-up
Royalties
Orchestra
Gratuities & honoraria
Programmes
Advertising & publicity
Additional hall hires
Insurance
NODA – Fees, awards, badges, ticket corr
Postage & Stationery
Sundries
Deposit for future production|**Unrestricted**
**Funds**
**2025**
**£**
750
-
1,116
**1,866**
10,454
2,209
612
8,403
5,465
2,913
6,693
7,115
6,200
680
1,370
2,147
712
1,158
88
686
1,000
**57,905**|**Total**
**2025**
**£**
750
-
1,116
**1,866**
10,454
2,209
612
8,403
5,465
2,913
6,693
7,115
6,200
680
1,370
2,147
712
1,158
88
686
1,000
**57,905**|**Total**
**2024**|
|---|---|---|---|
||||**£**
444
128
1,632|
||||**2,204**|
||||10,435
2,182
494
7,250
4,523
4,091
5,306
5,200
7,330
397
156
2,455
740
756
79
1,110
1,685|
||||**54,189**|
## **Glenrothes Amateur Musical Association Notes Forming Part of the Financial Statements For The Year ended 30 November 2025**
|**7**
**Grants and Donations**
Donation to local charity
**8**
**Cash and Bank Balances at Start of Year**
Scottish Widows Bank
B.O.S. Current A/C GAMA
B.O.S. Current A/C GAMA Youth
Cash in Hand GAMA
**9**
**Cash and Bank Balances at End of Year**
Scottish Widows Bank
B.O.S. Current A/C GAMA
B.O.S. Current A/C GAMA Youth
Cash in Hand GAMA|**Unrestricted**
**Funds**
**2025**
**£**
150
**150**
10,000
3,012
12,453
15
**25,480**
-
4,764
9,006
15
**13,785**|**Total**
**2025**
**£**
150
**150**
10,000
3,012
12,453
15
**25,480**
-
4,764
9,006
15
**13,785**|**Total**
**2024**|
|---|---|---|---|
||||**£**
400|
||||**400**|
||||11,000
3,199
12,029
15|
||||**26,243**|
||||10,000
3,012
12,453
15|
||||**25,480**|
## **10 Trustee Remuneration and Related Party Transactions**
No trustee received any remuneration or reimbursement of expenses during the year.
No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year.