2025-04-30-accounts

Crail Community Trust SCIO

Scottish Charity No - SC040436

Annual Report and Financial Statements For the year ended 30[th] April 2025

1

Reference and Administrative Information- Charity name

Crail Community Trust SCIO

Charityno SC040436

Address

48 Nethergate South Crail Fife KY103TZ

Current Trustees

Trustees’ Annual Report

For the year ended 30% April 2025

.

The trustees have pleasure in presenting their report together with the financial statements for the year ended 30" April 2025

2

2

Crail Community Trust

Structure, Governance and Management Constitution

==> picture [560 x 50] intentionally omitted <==

----- Start of picture text -----
The Charity is a Scottish Charitable Incorporated Organisation (a SCIO). It was registered in its current legal form in
2019. The charity was previously a charity limited by guarantee but changed its legal form to a SCIO. The assets of t
guarantee company were transferred to the SCIO on the 1 August 2019. It has a single tier structure and as such the
----- End of picture text -----

trustees are the members of the charity.

Appointment of trustees

the charity's trustees. Membership of the management committee comprise members of the community..

Trustees are elected at the annual general meeting which is held as soon as accounts are prepared and distributed. There must be a minimum of three and a maximum of twenty trustees.

Objectives and Activities

Charitable purposes

The Trust is established for charitable purposes only, and, the objects are:

a) to provide, or assist in providing, recreational facilities, and/or organising recreational activities, which will be available to members of the community and public at large with the object of improving the conditions of life of the community.

b) to advance environmental protection or improvement including preservation, and conservation of the natural environment, the promotion of sustainable development, the maintenance, improvement or provision of environmental amenities for the community and/or the preservation of buildings or sites of architectural, historic or other importance to the community;

c) All the above shall be carried out following principles of sustainable development where 'sustainable development' means development which meets the needs of the present without compromising the ability of future generations to meet their own needs.

Financial review

Our main source of funding is by grant applications for specific projects although we receive contribution for the administration of a part owned wind turbine at Cornceres Farm, Kilrenny, Fife

Our fundraising efforts this year have been restricted. The failure by Fife Council to obtain the Title deeds for the Harbourmasters Office at Crail Harbour that have restricted any activity on this project We have used funds to maintain the Tennis Courts buying posts and nets to enhance this popular facility for both the general public and school activities.

3

Reserves policy

The trustees' policy is to retain at least £5,000 in order to meet commitments and to cover any unexpected expenditure.

Plans for future period

in conjunction with Crail Partnership to improve Crail for all its residents.

4

==> picture [424 x 147] intentionally omitted <==

----- Start of picture text -----
Independent examiner’s report on the accounts «
Report to the | Charity name
trustosetmembers of Crail Community Trust
Registered charity $€040436 ey
number
On the accounts of the Period start date Period end date
ET > panad Day Month Year Day Month Year
1= May 2024 to 30th April 2025
Sat ont on pages | 7,6 aanaiins( berofadditionalto include sheets)the page
----- End of picture text -----

Respective The charity's trustees are responsible for the preparation of the accounts in accordance responsibilities of with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the trustees and examiner 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 My examination is carried out in accordance with Regulation 11 of the Charities examiner’s statement 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, | do not express an audit opinion on the accounts.

Independent examiner’s

examiner’s In the course of my examination, no matter has come to my attention statement

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 been met, or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

==> picture [211 x 153] intentionally omitted <==

----- Start of picture text -----
Signed:
Name:
Relevant professional
qualification(s) or body
(if anv):
Address:
5
----- End of picture text -----

5

Only complete if the examiner needs to highlight material problems.

Give here brief details of any items that the examiner wishes to disclose

6

Financial Activities of Crail Community Trust 2024-2025

==> picture [498 x 288] intentionally omitted <==

----- Start of picture text -----
Notes Unrestricted Restricted 2025 2024
Fund Funds Total Total
2022 2022
£ £ £ =
Receipts from :
Donations and grants 4 25,000 0 25,000 32,000
Charitable activities 5 0 0 0 0
Other Trading activities 6
Investments 7 2,084 2,084 1,672
Total receipts 27,084 0 27,084 33,672
Payments on:
Charitable activities 8 5,200 0 5,200 662
Governance Costs 9 0 0 100
Repairs to Property 0 0 3,520
Total Payments 5,200 0 5,200 4,282
Surplus(Defict) for the, ee
Year 21,894 . 21,894 29,390
----- End of picture text -----

7

Balance Sheet

==> picture [415 x 249] intentionally omitted <==

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2025 2024
Opening cash at bank and in hand 94,292 94,292 64,903
Surplus(deficit)for the year 21,894 21,894 21,004
Closing Cash in hand and Bank 116,186 116,186 94,292
Cash and Bank Balances
Bank Deposit Accounts
Community Trust 116,186 116,186 94,292
Film Club 5,410 5,410 5.410
121,596 121,596 99,702
Other Assets 2025
Heritable Property 1,252 1,252
Film Equipment (estimated value) 1,100 1,100
Total 2,352 2,352
----- End of picture text -----

The statement of financial activities includes all gains and losses recognised in the period. All incoming resources and resources expended derive from continuing activities. The notes on pages9 to 14 form an integral part of these accounts

8

Notes to the accounts - for the year ended 30[th] April 2025

1 Basis of accounting

Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended)

2 Nature and purpose of funds

maintain a single unrestricted fund for the day-to-day running of the club.

Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes. During the year the charity received grants of £5,000 towards their

3 Related party transactions

No remuneration was paid to the trustees

4 Grants and Donations

		Donations	Unrestricted	Restricted	Total	Total
			2025		2025	2024
		CCA Power	25,000		25,000	32,000
		Grants -
		Total Grants	25,000	0	25,000	32,000
	5	Charitable Activities Receipts	Unrestricted	Restricted	Total	Total
					2025	2024
			0	0	0	0
6		Other Trading Activities
			Unrestricted	Restricted	Total	Total
					2025	2024
		Coffee Morning	0		0	0
			0		0	0

9

7	Investments	2025	2025	2024
	Rent from Heritable Property	600	600	600
	Bank Interest	1,484	1,484	1,072
		2084	2,084	1,672
	,,

8 Cost of charitable activities

	Unrestricted	Restricted Total Total
	2025	2025 2024
Upgrade Tennis Courts	2,700	, 2700 0
Licence for Film shows	0	0 0
Architects Fees - Crail Harbour Office	0	0 0
Donation Community Partnership	2,500	2,500 250
Trees for Denburn Wood	0	0 412
	4,200	4,200 662

	9	Governance Costs
			Unrestricted	Restricted	Total	Total
			2025		2025	2024
		Independent Examiners Fees	0		0	100
10			2025		2025	2024
		Repairs to property	0		0	3,520

10