INDEPENDENT EXAMINER'S REPORT to th• TRUSTEES of HAWCK DEVELOPMENT TRUST 141 I report on the Accounts of the Chanty for the year ended 31 March 2025 which are set out on the attached pages. Respectlve Re8ponslbllltle8 of Trustees and Examlner The charity trustees are responsible for the preparation of the Accounts in accordance with the temis of th8 charit￿ and Trustee Investments (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 20(%. e charity trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the ccounts Regulations does not apply. It is my responsibility to examine the Accounts as required under Secb'on 44{1 }{c) of the Act and to state whether particular matters have come to my attention. Ba818 ol Indopond•nt Examln•r'• Stat•m•nt My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotjand) Regulat￿nS 2006. An exarnination includes a review of the accounting records kept by the Charity and a comparison of the Accounts presented with these records. It also includes consideration of any unusual items or disclosures In the Accounts, and seeks explanats'ons from the Trustees conceming any such rnatters. The procedures undertaken do not provide all the evidence that would be required in an audi( and consequently I do not express an audit opinion on the Accounts. Independont Examinerf• Statom•nt 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 i) to keep accounting record8 in accordance with Seth'on 44(11(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulat￿￿9 and 11) to p￿pare Accounts which accord wilh the accounting records and comply with Regulats"on 9 of the 2006 Regulations have not been rr*t. or 2. to which. in my opinion, attents'on should be drawn in order to enable a proper understanding of the A￿oU ts to be reached. Signed Hawick DEI'ELOP%IEl%T TRLST TRUSTEES ANNUAL REPORT For the period 01.04.24 to 31.03.25 Reglstrats'on: Hawick Development Trust (fonnerly Future Hawick) is a Scottish Charltsble Incorporated Organisation registered as such with OSCR effective from 1st April 2015. The name change was approved by OSCR effective from 26th January 2024. The registration number Is SC039141. Memberships: The Trust has memberships of Development Trusts Association Scotland, South of Scotland Destination Alllance, Scotland's Towns Partnership, and Borders Communlty Actlon. Members: Membershlp of the Group currently stsnds at 168 Individual members and 6 group members. Governance: Hawlck Development Trust Is governed by Its Constitutlon and Its Pollcles (Equal Opportunities, Environment, Financlal Management, Dats Protection, Trustee Recrultsnent, Trustee Code of Condu¢ Confllct of Interest, Health & Safety, and Volunteering). An effettlve Board of Charlty Trustees is recruited through local medla advertising and awareness promtion (unfalr discrlmination in selection is not employed). Management meetings are held on a monthly basis with subgroup meetlngs under the chalmianship of a trustee belng held as required wlth reports to the Board. Objectives: Hawick Development Trust is a non-profft maklng, distrlbuting, voluntsry organisation whlch seeks to improve the well-being, quality of life, and opportunitles of the people of Hawick and its environs by bringing together local community and voluntsry organisations to work with public agencies to enhance the town's social, cultural, rec￿ational, and educational facilities, together with its environment and economy. To help these objectives Hawick Development Trust provides a resour centre for administration, infonnation support, equipment hire, and meetings and Is involved in local regeneration works and projects. Registered as a Scottish charity: Hawick i)i.'I'l." l.()Plll.'Tr%"r 'rRL.ST Main Acttvltles for 2024125: The year has been one of transition as far as completed and new projects are concerned wlth primary efft)rts con￿ntrated as follows:_ l. Tourlsm: The Hawlck Welcome strategy Is Insufflclert to sustaln tourlsm development within the town and surrounding area. Meetlngs have been held wlth tourlsm consultsnts and area tourfsm bodles to enable a comprehensive strategy to be developed wlth optlons currently being the subjett of further Investlgatlon. The Trust has representstlon on the dedicated group set up to manage the redevelopmert of St Leonard's Park. 2. Dlgltsl: The Trust Is In the prc(ess of overhauling and Improving the Hawlck Onllne webslte and assodated gKlal medla outlets to better sult the needs of the town. A dedlcated Hawlck Development Trust we￿e Is also currently under Investlgatlon. 3. Envlronment: The Trust contlnues to dLwelop and press kottlsh Borders Councll for Involvemert in its project to Improve street deanlng servFces In the central area of the town. Work to trlal areas has proven very successfvl and sodal ente￿rISeS capable of carrylng out the works have been Identlfled. The Teri Bike￿ project to promote eycling on and beyond the town's actlve travel network has now been fvlly e&abllshed and Is being managed and operated ty a separate dedlcated group. 4. Fabric: Wlth the conditlon of unoccupied and derelltt bulldlngs partlcularly In the central area of the town, the group has been prominert In plans to brlng some buildlngs back Into use. The Trust has met wlth other Interested partles and sought fvndlng for and commlssloned strurtural and condltion surveys on propertles while also Investlgating possible uses. Some propertles In which the Trust showed an Interest have been sold to private individuals or listed for demlltlon but the group is currently In negotlation to purchase a High Street property which will allow a retsller to contlnue In buslness and avold staff redundanaes. Reqistered as a Scottish charity: SC039141 Hawick l)EI'E L()I>IIENI" 'I"RL-S"1' 5. pla￿ Plannlng: The Trust contlnues to play a pr(xnlnert role In the team whlch has developed a pla￿ plan for Hawlck In conjunctlon wlth Scottish Border5 Coundl and South of Scotland Enterprlse. 6. General: The Trust continues to meet wlth natlonal and local polltlclans, counallor5 community counclls, and other publlc bodles to dlscuss local Issues. The Trust provldes meetlng and semlnar fadlltles for communty groups and buslnesses. The Trustees Report and Annual Accounts We￿ approved at the Annual General Meetlng of Hawlck DevelOp￿Ent Trust held on 16th October 2025 Chalrniary_ Registered as a Scottish charity: SC039141 HAWICK DEVELOPMENT TRUST (Formerly Future Hawlck) Charlty No. SC039141 RECEIPTS ANO PAYMEKfs ACCOUNT FOR YEAR ENDED 31 MARCH 2025 Unrestricted Funds Restricted Funds Total 2024125 Total 2023/24 RECEIPTS Membership Income General Income Bank Interest SBC Regeneration Grants.. Hawick Welcome". Donations Grants Brochure Advertlsements Community Initiatives Teri Bikes STP Recovery Project (inc website) Rewilding Project Town Team Admin: Donations 250 3,191 229 250 £ 3,191 £ 229 £ 250 20 302 4,219 7,412 5,705 £ 5,705 £ 3,488 £ 3,488 £ 52,152 700 £ 700 £ 3,500 TOTAL RECEIPTS 3,670 £ 9,893 £ 13,563 £ 67,855 PAYMENTS Hawick Welcome Community Initiatives STP Recovery Project (inc website) Rewilding Project Teri Bikes Town Tearn Admin Street Cleaning 80 High Street Sundries.. Membership Subscriptions Electricity Insurance Secretarial/Seminar Sundries: 6,373 £ 6,373 £ 16,202 43 1,320 1,020 37,593 500 2,402 £ 2,402 £ 18,046 £ 1.420 £ 18,046 £ 1.420 £ 1,416 £ 91X) £ 1,416 900 90 1,092 415 209 669 411 519 275 1,092 £ 415 £ 256 256 £ TOTAL PAYMENTS 4,209 £ 28,241 £ 32,450 £ 58,761 SURPLUS/(DEFICIT) FOR YEAR 539 -£ 18,348 18,887 £ 9,094 Unrestricted Funds Restricted Funds Total 2024125 Total 2023124 sTATEmE￿r OF BALANCE5 as at 31st MARCH 2025 Bank balance brought forward Movement in Year 1,737 £ 539 -£ 22,191 £ 18,348 23,928 £ 18,887 £ 14,834 9,094 Bank balance carried forward 1,198 £ 3,843 £ 5.041 £ 23,928 MOVEMENTOF FUNDS At 01/04124 Recelpts Payrnents At 3y03125 Unrestricted Funds 1,737 £ 3,670 £ 4,209 £ 1,198 Restrirted Funds: Hawick Welcome Community Initiatives STP Recovery Projert Rewilding Projert Teri Bikes Town Team Admin 5,705 £ 6,373 -£ 663 371 I,tso 724 371 £ 3,532 £ 724 £ 14,559 £ 3,01)0 £ 2,402 £ 3,488 £ 700 £ 18,046 £ 1,420 £ 2,280 22,191 £ 9,893 £ 28,241 £ 3,843 TOTAL FUNDS 23,928 £ 13,563 £ 32,450 £ 5,041 NOTES TO ACCOUNTS l. Trustees & Related Parties Transactions a. No Trustee or person connected to a Trustee received any remuneration b. No Trustee received any expenses There were no transactions between the Charity and any Trustee or person connerted to a Trustee 2. Purpose of Restricted Funds Hawick Welcome: A tourism initiative funded by grants and fundraising initiatives to employ Hosts over the sumrner months to welcome visitors to the town and provide information in respect of attractions, retail outlets, hotels, and restsurants. b. Community Initiatives: Originally a grant from SBC for a pilot scheme to employ a consultsnt but changed due to a change of council policy. Now a fund which has enabled the group to implement new and supplement existing initiatives in line with the conditions of the award. c. Rewilding Project: A project initiated to create wild meadow appearances on derelict areas of ground within the town. d. Teri Bikes: A project initiated to prornote cycling and tourism within the town and its environs through the hire of e-bikes. e. Town Team Adrnin: A project set up to involve community groups and organisations in coming together to develop a place making strategy for the town.