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
1
## 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
5
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
6
## 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|
8
## 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
9
## 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**|
10