King George V Community Projects (Banchory) Scottish Charity No. SCIO 43113 Receipts and Payments Account for year end8d 31st March 2025
Klng Ggorge V Community ProJeGt8 (Banchory ) Annual Report year ended 3111 March 2026 The Charity is for the advancement **', education Gitizenshlp and communlty development arls. herltage, cullure or science Participation in sport F¥ov181orb of re(¥¢ational aGtivities with the objeot of irnproving the Gondition8 of Ilfefor whom the facllltles or activities are primarily intsnded and for promotlon of equality and diversity. With th18 In mlnd a o)mmunlty hub will be develowd indudirvJ a trainlng kllchen th cafe, 8POrt8 changlng facllltl88 and new playing field8 Trustees. who s'¥Thed during the perfod under revlew since the year vnd were as follows.. The statLrtory power of appolntlng new and additional Trustee8. as governed by the charftable companvs con51itution, r&8ts with the m8mber8 and Trusteos. Tru•t•• r•prKt A revlew of th8 grant pro(%dure was undwtsken thi8 year, after tho do8ure of a local communty centr8 In Banchory, lo deterrnlne hcm best to 1P communty In th• fubJr8. Forty (40> grants hava been approved over the past seven years to group8 In the local area. Future developer L'ontrlbutlons are at rk due to technkal Issues wllh the wlnd turblnes whlch would reduce annual Income. Annual (knnation8 I11 be reconsldered when the situation is verified. R•8pon81bllltl of th• Tru8tee• The Tru8t888 are requlrod under the Qliarities Accounts (SlIand) R£gulatlon6 2006 to prepare, for each financial yeer, Financial Siatements whlch glve a true and falr view of the account8 of the Trust durlng the year and of ils flnanclal posilion at the end of the year. In preparing accounts the Truste88 are also r8qulred to:
la) Select suitable accounting policies and apply them consistently; Ib) make judgm8n18 arKI 88tlm8te8 that are reasonabl8 and prudent., Ic) stalg whether appllcable accounting 8tandard6 arKI ¥tatements of rerx>mmnded practice have been followed, subject of any departure disclo8ed and explained In the accounts; Id) prepare the accounts on Ihe going concem basis unless It is inapproprlate to presume that the Trust will continue in operation Signed Chairman. Board of Trustees Klng Georoe V Communlty Projects 29 Decembèr 2025
Indapgnd•nt Examlnorfs report to tho Trustees ¢Jf Klng Georyo V Communlty Projects I report on the 8Lxx)unts of chlty for th8 year 8nd8d 31•t March 2025 whlch are set out R•op•ctlv• rwponolbllltlu of tru•l•H •nd examln•r The chorlty'8 trustees gre responsible for the preparation of accounts in 8ccordance wtth the terms of the ChBrllle8 and Trustee Investmenl (Scolland) Act 2005 and the Ch8rltle8 Aw)unts (So)Iland) Regulatiork8 2006 (a8 amended). The charlty Irustees cortslder 1hat the audil requirement of Reoulation 10(1) (d) of Ihe 2006 Accounts Regulallons does not apply. It Is my responsibility Io ex8mlne tho accounts as required under section 4q1} (c) of the Act and to stale whether Partllar matters havg come to my att6nUon. Ba616 of Ind•p•ndent stat•m•nt y exarnination is Garried oul In eordanCe wlth Regulation 11 of the 2006 Accounls R8gulatlon8. An examlnation indudes a revlew of the aco)untlng records kept by the charity and a comparison of the a¢wunts presented wlth those records. It also Includes consideration of any unusual items d15closures in the aGcounts, and seek8 explanatlonB from the irustees GonrnIng any such matter8. Tho procedures undertaken do not provlde all evldence that would be required in an audit. end con8equ•ntly I do not express an audit oplnlon on the vlew glven by the accounts, Ind•pond•nt examlner slat•rn¢n¢ In tha course of my examlnatlon, no matter ha3 come to rny altention [other than dlsc1088d bel¢y•r] whlch gives me reasonable rAU88 to belleve that in any material re8peot the requirernents: to keep aGGounling reGord3 in xcord8n¢e wlth S8cllon 44(1) (a) of the 2005 Act and Regulatlon 4 of the 2006 Accounts Regulalions to prepare accounts whlch accord wlth the 8ccounUng re(YJrds and cornply wllh RegLilatlon 9 of the 2006 Accounts Regulatlons have not been mel, or 2. lo which, In my opinFon, altentlon should be drawn in order to enable 8 proper understaTrJlng of the Iiccounts to be reached. Qn behalf of Grant Con8klln8 46 Hlgh Str88t Banchory AB31 SSR
Klng Georg• V Comrnunlty Projects Stat•m•nt of flnanclal actlvltl•• (Incorporatlng a reCptS and paymant accounl) fortho year ended 31st March 2025 Unrestrfcted Roslrlctsd Tolal Total Note funds fund 2025 2024 Recelpts: Donathns 15.000 15,000 15.000 Bank irrterest 544 544 Total 15,544 15,544 15,504 Paym•nt•: Charitable donatlon8 10,000 Gèneral Expenses 100 100 ountant fees 120 120 120 Net {oxpendlturoyrocolpts 220 220 5.384 N•t mov•m•nt in fund• R•conciliation of funds: Tot81 fund8 brought forward 35,437 35,437 30.053 Total funth carrf•d fotward 50,761 50,761 35,437
King G•org• V Communlty ProJ•ct• Balance 8h•6t lorthe year •nd•d 31st March 202B Unra8trlct•d R•8trtctsd Total Not• fund8 lund• 2024 Current a88•t8 Cash at bank 50,761 35,437 N•t ¥ssots .)0,761 Tho fund8 ol tho Total reseNe5 34,437 Not99 Account8 8re prepared on cash basls All lund8 are unr8strlcted