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 r￿k due to technkal Issues wllh the wlnd turblnes whlch
would reduce annual Income. Annual (knnation8 I￿11 be reconsldered when the situation is verified.
R•8pon81bllltl￿ of th• Tru8tee•
The Tru8t888 are requlrod under the Qliarities Accounts (S￿lIand) 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 ch*lty 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 Partll￿ar matters havg come to my att6nUon.
Ba616 of Ind•p•ndent stat•m•nt
y exarnination is Garried oul In e￿ordanCe 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 Gon￿rnIng 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 reC￿ptS 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