Registered Charity Number SC042966
Report of Trustees and Unaudited Financial Statements
for the Year end 30 September 2025
for
FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL
FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL
| Contents | Pages |
|---|---|
| Report of the Trustees | 1-2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6-9 |
| Detailed Statement of Financial Activities | 10 |
FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL
Report of the Trustees for the Year Ended 30 September 2025
The trustees present their report with the financial statements of the charity for the year ended 30 September 2025 The trustees have adopted the provision of Accounting and Reporting by Charities : Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financail Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019)
OBJECTIVES AND ACTIVITIES
Objectives and aims
The association was established for charitable purposes only :-
a) to resist any attempts to close the Stonehaven Open Air Swimming Pool and to maintain, promote and enhance the pool.
b) to provide assistace to the management of the Stonehaven Open Air Swimming Pool in any areas which are considered to be mutually acceptable and beneficial
c) to encourage greater use of the Stonehaven Open Air Swimming Pool
d) to co-operate with any other body for any of the foregoing purposes
e) to do all other things that may be incidental to or to further the attainment of the foregoing objects or any of them
STRUCTURE, GOVERNANCE AND MANAGAMENT Governing document
Prior to 22 February 2012, the friends of Stonehaven Open Air Swimming Pool was controlled by a deed of trust dated December 2004, and it constituted an unincorporated voluntary organisation. A new constitution was adopted and on 22 February 2012 the group became a Scottish Charitable Incorportated (SCIO) recognised by the office of the Scottish Charities Regulator (OSCR)
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
SC042966
Principal Address
Ms Wendy Rudd 50D High Street, Stonehaven Aberdeenshire AB39 2JQ
Trustees
Mrs R Duncan Ms W Rudd Secretary G Brindley S Harris Chairman Ms M Anderson Treasurer Ms S McLean Mrs E Harris Ms R Russell
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FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL
Report of the Trustees for the Year Ended 30 September 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner Gordon Watt Inverbervie Accountancy Services 2 King David Drive Inverbervie DD10 0SW
Approved by order of the board of trustees on …………..…… and signed on its behalf by
……………………………………..
Ms M Anderson - Trustee
2
FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL
Independent Examiners Report to the trustees
I report on the accounts for the year ended 30 September 2025 set out on pages four to ten.
The charity 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's trustees consider that the audit requirement of Regulation 10(1)(a) to 9C) of the Accounts Regulations does not apply. It is my reponsibility 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 the independent examiner's report
My examination was 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 seeking explanation from you as 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 connection with my examinations, 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 to comply with Regulation 8 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.
Gordon Watt Inverbervie Accountancy Services 2 King David Drive Inverbervie DD10 0SW
3
FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL
Statement of Financial Activities for the Year Ended 30 September 2025
| Notes Income and Endowments from Donations and legacies Other trading activities 2 Investment income 3 TOTAL Expenditure On Raising funds 4 Charitable activities Operating Pool Other TOTAL NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
30.09.25 Unrestricted fund 47,043 8,340 55,382 4,552 32,396 500 37,449 17,934 57,363 75,297 |
30.09.24 Unrestricted fund 19,498 9,471 |
|---|---|---|
| 28,969 5,331 31,839 500 |
||
| 37,670 | ||
| (8,701) | ||
| 66,064 | ||
| 57,363 |
4
FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL Balance Sheet as at 30 September 2025
| FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL Balance Sheet as at 30 September 2025 |
||
|---|---|---|
| Notes Fixed Assets Tangible Assets 7 Current Assets Stocks 8 Cash at Hand Creditors: amounts falling due within one year 9 Net current assets Total Assets less Current Liabilities NET ASSETS Funds Unrestricted funds 10 Total Funds |
2025 345 1,500 84,952 86,452 (11,500) 74,952 75,297 75,297 75,297 75,297 17,934 0.00 |
2024 207 1,500 56,156 |
| 57,656 (500) |
||
| 57,156 | ||
| 57,363 | ||
| 57,363 | ||
| 57,363 | ||
| 57,363 | ||
| 0 |
The financial statements were approved by the Board of Trustees and authorised for issue on ………….…… and were signed on its behalf by
……………………………… S Harris - Chairperson
……………………………… M Anderson - Trustee
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FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities : Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical convention.
Income
All income is recognisable in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measure reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probably that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accouted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resorurces.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowances for obsolete and slow moving items.
Taxation
The charity is exempt from tax on its charitabe activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can be only used for particular restricted purposes within the objects of the charity Restrictions arise when specified by the donor or when funds are raised in a particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to financial statements
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FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL
Notes to the financial statements for the year ended 30 September 2025
| 2 | OTHER TRADING ACTIVITIES | 30.09.25 | 30.09.24 |
|---|---|---|---|
| £ | £ | ||
| Fundraising events | 8,340 | 9,471 | |
| 3 | INVESTMENT INCOME | 30.09.25 | 30.09.24 |
| £ | £ | ||
| Deposit account interest | - | - | |
| 4 | RAISING FUNDS | ||
| Raising donations and legacies | 30.09.25 | 30.09.24 | |
| £ | £ | ||
| Support costs | 4,552 | 5,331 |
5 TRUSTEES REMUNERATION AND BENEFITS
There were no trustees remuneration or other benefits for the year ended 30 September 2025 nor for the year end 30 September 2024
Trustees expenses
There were no trustees expenses paid for the year ended 30 September 2025 nor for the year . ended 30 September 2024.
6 COMPARITIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities Investment income Total EXPENDITURE ON Raising funds Charitable activities Operating pool Other Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 18,414 36,969 |
|---|---|
| 55,382 4,552 32,396 500 |
|
| 37,449 | |
| 17,934 57,363 |
|
| 75,297 |
7
FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL Notes to the financial statements for the year ended 30 September 2025
| 7 TANGIBLE FIXED ASSETS COST Additions DEPRECIATION Depreciation NET BOOK VALUE At 30 September 2025 At 30 September 2024 8 STOCKS Finished goods 9 CREDITORS : AMOUNT FALLING DUE WITHIN ONE YEAR Other creditors (accountancy accrual/LLA Accrual) 10 MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows : Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS |
Fixtures Fittings £ 6,175 286 148 5,967 345 207 30.09.25 30.09.24 30.09.23 £ £ £ 1500 1500 1,995 30.09.25 30.09.24 30.09.23 £ £ £ 11,500 500 500 Net At Movement At 01.10.24 in funds 30.09.25 £ £ £ 57,363 17,934 75,297 |
|---|---|
| 57,363 17,934 75,297 |
|
| Incoming Resources Movement Resources Expended in funds £ £ £ (8,206) (37,449) (45,655) |
|
| (8,206) (37,449) (45,655) |
|
| Net At Movement At 01.10.23 in Funds 30.09.24 £ £ £ 66,064 (8,701) 57,363 |
|
| 66,064 (8,701) 57,363 |
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FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL
Notes to the financial statements for the year ended 30 September 2025
Comparative net movement in funds, included in the above are as follows :
| Unrestriced funds General fund TOTAL FUNDS |
Incoming Resources Movement Resources expended in funds £ £ £ 28,969 (37,670) (8,701) |
|---|---|
| 28,969 (37,670) (8,701) |
A current year 12 months and prior year 12 months continued net movement in funds, included in the below are as follows :
| Unrestriced funds General fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 84,351 (75,119) 9,233 |
|---|---|
| 84,351 (75,119) 9,233 |
RELATED PARTY TRANSACTIONS
There are no related party transactions for the year ended 30 September 2025
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FRIENDS OF STONEHAVEN OPEN AIR SWIMMING POOL
Statement of Financial Activities for the Year Ended 30 September 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants/Sponsorship Merchandise Miscellaneous Subscriptions - 100 club Other trading activities Fundraising events Investment Income Deposit account interest Total incoming resources EXPENDITURE Other trading activities Opening stock Purchases Licensing/Raffle prizes Prizes - 100 club Closing stock Charitable activities Insurance Postage and stationery Advertising Sundries Repairs & Maintenance Fundraising, Opening & closing Pool Entertainment Subscriptions Bank Charges Raffle/Pool activities Gifts/LLA Depreciation of fixtures and fittings Support costs Management Sundries Governance costs Acountancy fees Total resources expended Net Income |
30.09.25 £ 18,414 21,143 5,654 132 1,700 47,043 8,340 55,382 1,500 3,116 456 980 (1,500) 4,552 252 315 681 610 2,269 4,054 5,186 350 13 18,518 148 32,396 500 37,449 17,934 |
30.09.24 £ 11,080 300 5,848 319 1,950 19,498 9,471 28,969 1,995 3,379 477 980 (1,500) 5,331 252 340 632 4,811 3,294 2,530 4,713 15,267 31,839 500 37,670 (8,701) |
30.09.23 |
|---|---|---|---|
| £ 10,544 8,116 2,513 1,610 |
|||
| 22,783 8,304 |
|||
| 31,088 1,830 2,619 198 (1,995) |
|||
| 2,652 252 130 2,227 2,121 2,457 1,050 4,994 380 5,046 1,502 |
|||
| 20,159 500 |
|||
| 23,311 | |||
| 7,777 |
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