REGISTERED CHARITY NUMBER: SC043550 Report of the Trustees and Flnanclal Statements for the Year Ended 31 March 2023 For Selklrk Play Park Project Borders Buslness Support Servlces S Castle Terrace Selklrk TD7 4AL Selklrk Play Park Projert Contents of the Financial Statements For the Year Ended 31 March 2023 Page Ito2 Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to Financial Statements 6t07 Selklrk Play Park Project Report of the Trustees For the Year Ended 31 March 2023 The trustees present their report with the financial statement of the charity for the year ended 31 March 2023. The trustees have adopted the Siatement of Recommended Practice ISORPI'ActountinB and ReportinE by Charities, issued in March 2005. REFERENCE ANO ADMINISTRATION DETAILS Registered Charrty Number SC045550 Prlnrlp*l addrp8 Trustees Independent Examiner or upp?r L". vi 5 Castle Terrace TD7 4AI STRucfuRE, GOVERANCE AhlD MANAGEMENT Go¥erning document The Charity is controlled by its governing document and deed of trust. The project is recognised as charity in Scotland. is registered as a SCIO (Scottish Char(cable Incrjrporated Organisationl and w¥$ set up by a fflodel constitution on 7.. Novembei 2012. Recruitment ind appointment of new trusiees The Managetnent ol the £haiity 15 the ¥e5pon5ibility Of the trustees who are elected under the terms if the constitution. R55k Management The trLtsteE5 have a duly to identlfy and review the rlsks to whlch ihe charlty Is exp05ed and to ensure appfopriate contiols are in place to provide reasonable assurance aBalnSt fraud and errol. owecrwes AND ACTivmes Objectlves and alms Tbe prlnclpal objective of the project Ss to provlde an open alr play area that15 Safe, 5tlmulatln8 and accessible to chlldren of all aBes and can also be used by the local communlty and vlsltors as a meeting polnt. Since the park opened in June 2014. we ensure we maintain the park to a hlgh standard by working in pannership with our local authorSty through a'memorandum of Understandlng, and by doinÉ layman weekly inspections To check equiprneni, pick up litter etc. Over this finaficial year, we have topped up the bark surfaces. Page I Selkirk Play Park Projert Report of the Trustees For the Year Ended 31 March 2023 ACHIEVEMENT AND PERFORMANCE Charitable actr'vities Our park remains open 2417 and is ￿Se￿ widely by both locals and visitors, meaning we continue to fulfil our aims. We maintain logbook inspertions whith include positwe and construrtive cornments frorn park users to help u5 maintain and improve the park. We maintain aur'Facebook' profile- www.faceboDk.com sel la rk ro ect We hold an annual 'Hill Run, ea¢h summer. to raise our Profile and rn0￿¥ for the maintenance Df the park and to ensure we can have Public Liability Insurance. Local schools use the park and took full advantage of the park during this yearfs wonderful summer. Approved by ordèr of the board of trustees on and signed on its behalf bv.. P*ge 2 Independent Examlnerfs Report to the Trustees of Selkirk Play Park Project I report on the aicounts of the charity fly the year ended 31Y March 2023 whlch are set out on pages 4 to 7. Respedl¥e fesponslbllitles of trustee5 and exomlner The charity's trustees are responsible for the preparation of the accounts In accordance with the ierms of ihe Charlties and Trustee Investment (Scotlandl Act 2005 and the Charities Account5 IScotl3ndl Regulations 20(￿. The charity trustees consider that the audit requirement of Regulation 10111 Idl of the 2006 Accounts Re8ulations does not apply. li is my responslbility to examine the accounts as required under section 44111 1¢) of the Act and to 51ate whether particular matter5 have come to mv attention. Basls of Independent examlnerfs 5tatemert My emamination is carried out in accordance with Re8ulatlon 11 of rhe 2006 Account5 Regulations. An examination includes a review of the accounting records kept by the charity and a comparison ol the accounts Presented with those ¥ecords, It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an au4it, and Consequently I do not express an audit opinion on the view given by the account5. Independent examlnerfs statement In the course of my examination, no matter has come to my attention.. which gNes me reasonable cause to believe that in any material respert the reqLtirements'. • to keep accountin8 r•eords in accordanc• with Sertion 4411) lal of the 2005 Act and Re8ulatlon 4 of the 2CKJ6 Account5 Re8ulation3 • to prepare accounts which accord with the accountln8 records and comply wlth Regulation 9 of ihe 2006 Accounts Regulations have not been met. or to which. in my opinion. attentlon should be drawn in order to enablè a proper understandini ol the accounts to bè Date 9 January 2024 Pag¢ 3 Selklrk Play Park Project Statement of Financial Artivitles For the Year Ended 31 March 2023 311031202 311031202 Unrestricte Restricte Total Total Funds Fund Fund5 Funds INCOMING RESOURCES Notes Fundraisin8 759 759 1.250 Other Incoming resources 572 Total incoming resources 759 759 1,822 REOURCES EXPENDED Governance costs Other resources expended 1,069 1,069 483 924 483 9,695 Total resources expended 1,069 483 I.S52 10,619 NET INCOMINGIIOUTGOINGI RESOURCES -310 .483 -793 -8,797 Total funds brou8ht forward 8,294 -1,147 7.147 15,944 TOTAL FUNDS CARRIED FORWARO 7,984 -1,630 6.354 7,147 P•ge 4 Selkirk Play Park Project Balance sheet A5 31 March 2023 3V031202 311031202 Unrestricte Restricte Total Total Funds Fund Fund5 Funds CURRENT ASSETS Notes Cash at bank 7,984 -1,630 6,354 7.147 NETCURRENfAssETS 7.984 -1,630 6,354 7.147 TOTAL ASSETS LESS CURRENT LIABILITIES 7,984 .1,630 6,354 7.147 NET ASSETS 7,984 -1,630 6,354 7,147 FUNDS Unfestrlcted 7,984 .1,630 8,29d -1,147 Aestricted 70TAL FUNDS 6,354 7.147 The financlal siatemenis were a By: roved b the Board of Tryst¢es on....... and were Jlsned on Its beh•lf rustee Page 5 Selkirk Play Park Project Notes to the financial ststements For the Year Ended 31 March 2023 I. ACCOUNTING POLICIES AccountinK con¥ention The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities leffertive April 2¢J)81. the Charities Act 2011 and the requirement of the Statement of Recommended Prattice. Accounting and Reporting by Charities. Incoming Resource5 All incoming resources are included on the Statement of Financial Activities when the tharity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that ag8re8ate all cos15 related to the cateBory. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the ijse of resources. Taxation The charity 15 exempt from tax on its chariiable art¢vities. Fund AccountSng Unreslritted funds can be used in accordance with the charitable objettives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrirtions arise when specified by the donor of when fund5 arè raised for particular restrirted purposes. TRusfEE'S REMUNERATION AND BENEFITS There wa5 no tru5tees' remuneration or other benefrts neither for the year ended 31 March 2023 nor for the period ended 31 March 2022. Trustees. Expenses There were no trustees. expenses paid for the year ended 31 March 2023 or for the period ended 31 Marth 2022. MOVEMENT IN FUNDS Net Movemen At 1.4.22 in Funds At 31.3.23 Unrestricted Funds General Fund 8.294 -310 7,984 Restricted Funds Grants -1.147 -1,630 TOTAL FUNDS 7.147 -793 6.354 Page 6 Selklrk Play Park Projert Notes to the financial statements For the Year Ended 31 March 2023 3. MOVEMENT IN FUNDS- continued Net movement In fvnds Included Sn the above are as follows: Resources Movemen Incoming Resource Expended in funds Unrestricted Funds General Fund 759 1,069 -310 Restricted Funds Grants 483 -483 TOTAL FUNDS 759 1.552 -793 Page 7