BEN LEDI VIEW COMMUNITY NEWSPAPER SCIO (A Scottish Charitable Incorporated Organisation) Annual Report & Financial Statements For the year ended 31 March 2025 .allaThder Cornmupity Newspapè Scottish Charity No SC043744 ANNUAL IIEPORT & FINANCL4L STATEMETrITS FOR THE YEAR ENDED 31 MARCH 2025 CON,TENTS Trustees. Annual Report.............................................................. Independent Examiner's Report............................................. ............................................................ Stateinent of Receipts& Payments........-...........................-...-.........-.............................-............................ Statern¢nt of Balances........................................... ........-................................................. Notes to the FiT]aiicial Statements.... TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 20?5 The trut4tees are pleased lo preseni their report and fmancial statements iogether with tbe independent examiner's repon for the year elided 31 March 2025 REFERENCE ANT) ADMtNISTRATIVE DEfAILS Lharity Name Ben Ledi View Loznmuniry N¢wspap¢r SLIO Ch¥rlty Number SC0437 Princip21 Address cio Mclaren Cornmuniry Leisure Cenrre Mollands Road Calland Fk17 8JP Website Adilress bcnlcdii'iew.org Current Trustees Other Trustees who sen'ed during the year".- Bonke Bink of SLOtI.Ind Callartder Branch M*iii Sireet Callander FK178BD Independent Exaininer charter￿ Accountant IDSlinlte of Chartered Accountants of Scotland (ILAS) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 20?5 STRUCTURE, GOVERNLNCE AND MANAGEMENT Governing Document Ben Ledi View Coinmunity Newspaper SCIO is a Scottish Charitable Incorpornted Organisalion (SCTO) which was registered with the Office of the Scoltisb Charity Register on 10th January ?01.l. It Is a single tier SCIO with tbe Charity Trustees being the only members and Comprise the organisation's Board. App02ntment of Trustees Cliarity Trusteeship is open to any person aged 16 or over. Any person who M-ishes to become a trustee M'ith th¢ charit)- rnusl sign a ivritlen application M-hich M-ill then be considered by ihe Board. The constitulion alloivs for a minimuln of six and a ma.iimum of twelv¢ misrees. The trustees are elected at the AGM and retlre at the following AGM but ar¢ eliaibl¢ for re-elcction. OBJECTS & ACTIVITIES The charity. has been established to advance citizenship 2nd community development withtn the area of Callander. The main actii'ity to achievc thi5 IS the production of a fre¢ ¢ommunity ne￿'Spaper by i'olunteers in the conimunity. t.or the communÈty. This nem-spaper int"onrÈs reader5 Ot r¢levant local issues. facilities. services. voluntary organisations, and encourages participation in communiry affairs and events, and promotes a sense of ¢onMnunity t"eeling and responsibility for the welfare of the community and its surrounding area. -4CHIE￿TmE￿rS &. PERFOLNL4NCE During this financial year ive have continued to publlsh an issue of the newspaper ei-ery 2 months as planned: producing a high quality. much valued rnagazine. delivered free of charge to all households in Callander and continue to get positive feedback trom our readers and much appreciated regular 5UPPOrt from our advertisers. This continued throughout rhe Coi'id-lg restrictions and subsequently as a result of the dedication of our volunteers and the neK-spapeT coniinues io be iveleomed by Ibe community The business inodel adopted b). the Trustees r¢tnained that of Telaining all the Editorial and Publishing aspects of the produurtion of the n¢M'spaper and its Distribution in-house. ￿'iTh only the a¢￿al printing being outsourced. However this model w'as adopted primarily because the Trnstee5 believed that the reduced skill required if the publishing process ￿'aS outsourced made volunteering for the BLV less attractive for snme people. However. follolving a number of departures from the Editorial team the decision ￿"aS made to outsource the compilation of the June/July 2025 issue. This approach continues to be kept under review. Our oiigoing campaign for volunteer recruitment produced a respons¢ during the year. M'e had a number of new volunteers across the range ot.the organisation's activities. reinforLlI)gandrefreshing ouralisting teani, inLluding Ehe editorial side. We hai'e continued ro advertise for additional volunteers and anticipate being able to strengthen the team i-la this route. In prei'ious years. we have held a number of successful social epenis to thank our volunteers but due to the changes in the Editorial team did not do JO in 2024125. Ive wai be holding another in the near future. FINANCIAL REVIEW ON'erview The income for the year Wds £1 1,725 (2024: £ I2,%39) refiecting a reduction Ati advenising trvenue ¢Jue to financial pressure on buslut￿$. Expendiluie was £1 I,211 (2024: £13:170)" the figure foT the current year reflected I0￿.er print Losts of £1,681 and the 20?4 figure included Donations of £100. The overall result was a Surplus/ (Deficit) of £514, {2024.. £{631). whiL'h was added to the Lharity s Reserve5. TRUSTEES. ANNUAL REPORT FOR THE YEARENDED 31 MARCH 20?5 Re5eTh"es Policy As all the funds of the charity are unr¢stTiCted the reserv¢s at thc.7 i sl March20?£ wcrc £412A (2024.. £.7.3.8 12}. Th¢ tTUStee$ have agreed that the Charity should ￿ld Re5eT%'es of a minimum of12 months nornial Op¢ratin8 Cos¢s. £12,000. Reserves Jre ￿rrentlY in ex¢¢ss of this tisure bur siien the continuing tinancial unc¢rtalliti¢s. the Trustc¢$ b¢li¢v¢ this to be an appropriately pr￿ellt appmadi. FUTURE PLANL S The Trustees have and will continue to rci'iew if any aciions are required to keep voliJnle¢ts safe, The Business Plan is to be reviewed in the liqht of current economic ¢onditions and a thtee year 20*sn8 plan is to be produced during 2025126 based on current trading conditions. APPROVAL INDEPENDENT EXAMINER"SREPORT FOR THE YEAR ENDED 31 MARC H ?0ti5 Independeni Examinerfs Repon to the Trustees of Ben Ledi View Comlnunity New¥aper SCIO I rewrt on the accounts of ihe charit} for the }'ear eTh4ed 31 March )025. ￿hleh are ser oui th pases 7 10 9. Re%pLLtive r¢spoii%ibilities ot"Tru5tees and Exainiiier Thl Llmriiy'.s Iru)t¢k% ar¢ rLspun)ibl¢ foi Ili¢ P￿1}I1r￿1￿UI) ufihe 4lLLoullis in aLcordiinL'L Ii'iih ilc ierm% (Il-IhL C'harilic% und Tru.*l¥L 111s¢%inith)I I SLviliiiidl ALL •()05 1"111¥ ?005 ALI-I and ihe C'li¢iriii¢s ALLuunl% ISL(Iilan(11 R¢'gFii1411ion O0(> {a.% amcnd¢dl ("th¢ 01)6 R¢byulilliViii"l. Th¥ truste(￿ LoiisidLY th411 Ihc audii requiriiiicni ofRLgulalion { I l)11 I lid I 1.thr •OOCp Rebryiliilions dv¢> not apply. It is my rLStx)nsibilily lo e.x￿￿1nIrSL the aLrounts under section (44X I Xc) of thc ?On.S Act and lo stale ivliether parli¥iiliir miltters hlO inLlii£les Consideration of any unusual il¥ms or disLIosur¢s in Ihc aCLOllntJ. aiid seek) ewlilliiiliviis li'uiii Ilie IriistcL¥ cOnL￿rnI1]S *iny $uLh matl¥rs. ThL procLxlur¢s undcrlok¥n do not provid¢ all tl)L L*'idLiii¥ 111411 i￿.￿uld b reqLiired in an audil. .Ind 40nsequ&%ttil>' I do nol e.xpress un oudit ()pinion on thc %'ieM' givcn b). th¢ aLLouJIIs. Independeni F.xam?ner's Statement ID ¥tsnneL'iion ii'iih my examin￿10n. no mailer came 10 my alteniion:_ .hich gii'cs me rLasonable cause to beliei"e that in any malerial respcet. Ihc rcquArem¢nl$ lo keep accounting records in &cordance ￿ ith section 44{ l Ma) ofthe ?005 Act aTrd Regulation 4 of the 2000 Regulaiions. and to prepare acLounis ￿"hICh 8ccord with the ￿e0￿ni2￿g records And comply with Regulaiion 9 of ihe 2006 Regulatiorts haN'e not been tner. ( to ii'hich. in my opinion. attentiorA should be drown in order to enAble # proper understjnding of the ts¢¢ounts CliarierLLI ALL(iunlani Institute ol-c'hartered Accountanis ot Scotland IJCAS) Dated: 9 December 2025 STATEMENT OF RECEIPTS & PAYMENTS FOR THE YEAR ENDED 31 MARCH 20?5 Total Total Not¢ ?025 Receipts Donations 171 265 Interest Received ?47 1?9 11,861 Advertlsing M'ithiii Nei%"spaper Membership Subs 11,187 120 285 11.725 12.539 Payments Charitable ALlii'ilies 10.861 12.720 Governance Costs 350 350 11211 13,070 Purchase of Laptop Computer Donationb loo 1211 13.170 Surplus/(Defi¢it) for year i14 1631) -411 funds are unrestrtLted The Notes on pages 9 forni an integrdl part of these ac¢ounts. STATEMENT OF BALANCES AS AT.1 I MARCH.'0•5 lotal Total 025 2024 Funds Reconciliation BaLance as at 01 Aprij 2024 SurpliL3'(Dcficit> for y¢ar Balan¥e as at 31 MaTLh 20•5 33,812 34.443 514 (631) 34.326 33.81? Bank & Cash Balances Bank of Scorland - Treasurer s Accoiint 12,648 13,553 Bank of S¢oll￿d- Deposlt A¢couttt Pay Pal Account Cash io Hand 20,418 20.171 12(Kl 28 34326 ther Assets Comput¢r Equipment Vnpaid InvoiLes 2599 2.599 1578 1.578 4.177 4.177 Liabilities Tndependent Examination Fee J50 350 350 All ￿llds are unrestricred. The Notes on pagcs 9 form an int¢gral part of ihese a¢¢ounrs. These accounts were approved by the trustees on 9 December 2025 and signed on their behalf by." NOTES TO THE F￿ANCIAL STATEMENTS FOR THE YEAR ENDED.11 MARCH 20. Basis of Preparation These accounts hai"e been prepared on the receipts & payments basis in accordance with: (a) The Charities and Trustee Investment {Scotland) Act 2005 The Charities Accounts (Scotland) Regulation5 2006 (as amended) There have been no Changes to the basis of PT¢paration or to the previous year's accowits. Fund Accounting (b) (a) UDTestricted funds are those that can be expended ai the discretion ofibe tn￿leeS in the funherance of the objecis of the charily. {b) Designaied funds are unrestriLted funds that the trustees haN'e set aside for particular purposeb. The designation is administrative only and does not restrict the trustees abiliiy to apply the funds. Restricted tunds are those that may only be used for specific purposes. Restrictions arise M-hen specified by the donor. or when funds are raised for specifjc purposes. At the end of the finan¢ial year all of the charity's funds iv¢r¢ unrestricted. TaxatlOD (c) (dl (a) The charity is not17abl¢ to corporation tax OT Capital gains tax on its charitable activities. The charity is not registered for VAT. thus all costs are shoTh'n inclusive of VAT chrged. Transactions with trustees and relaied parties (b) (a) No remuneration was paid to trustees or any persons connected with them during the year (2024: (b) No expensei were reimbursed to th¢ trustees during the year (2024: £Nil). The clwlry's insurance policy it)cludes twstee indemnity insurance cover for all of its ¥ruslees. (c) Analysis of Payments Total TotaE 025 024 Printing Costs 7.205 8.886 Postage & Stationery 373 43 IT & Website 339 302 Bad Debt 90 Volunteer Expenses 164 567 Hall Hire 24 128 Insurance 460 453 Crt)ssii'ord Prizes 40 Softm'are 2,157 Sundrie¥.Miscellaneous loo Bank Charge5 39 34 10,861 12.7?0