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Trustees Annual Report
for
Well Road Productions SCIO for the period
to 31S! March 2025
Scottish Charity No: SC044142
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Annual Report & Financial Statements for the year ending 31°' March 2025 Scottish Charity No SC044142
Index
| Page | 3 | Reference & Administrative Information | |
|---|---|---|---|
| Page | 4 | TrusteesAnnual Report: | |
| Structure Governance & Management | |||
| Objectives& Activities | |||
| Page | 5 | Achievements & Performance | |
| Page | 6 | Financial Review | |
| Statement ofTrustees | |||
| Page | 7 | -8 | Annual Accounts: |
| Page 7 Receipts& Payments Account | |||
| Page 7 Statement of Balances | |||
| Page 8 Notes to theAccounts | |||
| Page | 9 | IndependentExaminersReport |
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Annual Report & Financial Statements for the year ending 31%t March 2025 Scottish Charity No SC044142
Reference & Administrative Information
Charity Name:
Scottish Charity No:
Well Road Productions SCIO
$C044142
The Charites Principal Address:
Norette Eckford KELSO TD5 8LG
Charities Trustees on date off approval including office held:
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; Chairperson Treasurer Secretary
Names of other trustees during the period:
:
There were none Independent Examiner: a Bankers: The Royal Bank of Scotland 6 The Square KELSO TD5 7HG
:
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Annual Report & Financial Statements for the year ending 31% March 2025 Scottish Charity No SC044142
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Structure, Governance & Management
Governing Document:
Well Road Productions was recognised as a Scottish Charitable Incorporated Organisation (SCIO) on the 16 July 2013.
Trustee Recruitment & Appointment:
At each AGM, the members may elect any member (unless he/she is debarred from membership under clause 62 of the Constitution) to be a charity trustee. All of the charity trustees elected/appointed shall retire from office, but shall then be eligible for re-election.
A charity trustee retiring at an AGM will be deemed to have been re-elected unless: -
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he/she advises the board prior to the conclusion of the AGM that he/she does not wish to be re-appointed as a charity trustee; or
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« anelection process was held at the AGM and he/she was not among those elected/reelected through that process; or
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aresolution for the re-election of that charity trustee was put to the AGM and was not carried.
Objectives & Activities
The Charities Charitable Purpose:
As set out in the ‘Constitution’ and ‘The Charities and Trustee Investments (Scotland) Act 2005’ the purpose(s) of Well Road Productions SCIO are the following: -
- e the advancement of education e the advancement of the arts, heritage, culture or science
Any other purpose that may reasonably be regarded as analogous to any of the preceding purposes.
Summary of the main activities in relation to these objectives:
Well Road Productions will achieve its purposes by:
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e Organising cultural events e Producing audio visual materials e Providing educational resources
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e Providing cultural and heritage information resources
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Annual Report & Financial Statements for the year ending 31° March 2025 Scottish Charity No SC044142
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Achievement & Performance for 2024-25
Following the series of performances highlighting the works of Will H Ogilvie which we produced and performed round the Scottish Borders and Northumberland we decided that given how little of the borders story is written down to publish the scripts from our previous performances, selected photographs, poetry and selections of the musical accompaniment in booklet form. Our plan is to produce six booklets.
The booklets are
Book 1 Will H Ogilvie’s Cheviot Hills Book 2 Tale O’Tweed Book 3 Wool from the Hills Book 4 Wool to the Mills Book 5 The Border Horse Book 6 Will
By the end for this financial year books 1 to 4 have been completed. The last 2 books are expected to be completed in the coming financial year
These books will be made available to schools in the Scottish Borders’
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Annual Report & Financial Statements for the year ending 31*' March 2025 Scottish Charity No SC044142
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Financial Review
Statement of Reserves Policy:
The Charity aims to hold in reserve 3 months running expenditure.
Details of any deficit:
There is a financial deficit this year, the Trustees are aware of this and will continue to monitor the balance.
Details of Donated Facilities & Services:
The Charity benefits from the time given by all the Trustees to the running of the Charity.
Statement of Trustees Responsibilities
The members of the Charity must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Charity during the financial year. The members of the Charity are responsible for keeping proper accounting records which, on request, must reflect the financial position of the Charity at that time. This must be done to | ensure that the financial statements comply with the Charities and Trustee Investment | (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006.
They are also responsible for safeguarding the assets of the Charity and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf by:
Secretary
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Dated:
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Annual Report & Financial Statements for the year ending 31°t March 2025 Scottish Charity No SC044142
Receipts & Payments Account Year Ended 31%t March 2025
| Notes | Un Restricted |
Restricted Funds |
Total 2025 |
Total 2024 |
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|---|---|---|---|---|---|---|
| Receipts | ||||||
| Donations | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Grants | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Income from Fundraising | Activities | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Charitable Activities | 1 | 42.08 | 0.00 | 42.08 | 948.69 | |
| Total Receipts | 42.08 | 0.00 | 42.08 | 948.69 | ||
| Payments | ||||||
| Expenses from Fundraising Activities | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Expenses from Charitable Activities | 4 | 144.00 | 0.00 | 144.00 | 2,827.00 | |
| Independent Examination | 125.00 | 0.00 | 125.00 | 125.00 | ||
| Total Payments | 269.00 | 0.00 | 269.00 | 2,952.00 | ||
| NetReceipts/(Payments) | (226.92) | 0.00 | (226.92) | (2,003.31) | ||
| Transfer between Funds | 0.00 | 0.00 | ||||
| Surplus/(Deficit)forYear | (226.92) | 0.00 | (226.92) | (2,003.31) | ||
| Statement ofBalances as at 31%*March 2025 |
Un Restricted |
Restricted Funds |
Total 2025 |
Total 2024 |
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| Balances at Start ofYear | 745.28 | 0.00 | 745.28 | 2,748.59 | ||
| Surplus/(Deficit) forYear | (226.92) | 0.00 | (226.92) | (2,003.31) | ||
| Balances at End ofYear | 518.36 | 0.00 | §18.36 | 745.28 | ||
| OtherAssets | ||||||
| See note5 | 5,800 | 5,800 | ||||
| Liabilities | ||||||
| NoOutstandingLiabilities |
Financial Statements approved by the Charity and signed on its behalf by:
Treasurer
Dated... ON. See DNocccccccccssesesvecessvevesesesteveveveseesevee
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Annual Report & Financial Statements for the year ending 31t March 2025 Scottish Charity No $C044142
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Notes to the Accounts
| 2025 | 2024 | ||
|---|---|---|---|
| 1. | OtherCharitable Activities | ||
| DVD Sales | 42.08 | 93.39 | |
| Book Sales | 0.00 | 800.00 | |
| £42.08 | £948.69 | ||
| 2. | Expensesfrom Charitable Activity | ||
| Book Production | 0.00 | 2,095.00 | |
| CD Production | 0.00 | 30.00 | |
| Website& Publicity | 144.00 | 302.00 | |
| Performance Expenses | 0.00 | 400.00 | |
| £144.00 | £2,827.00 |
- Assets of Well Road Productions SCIO as at 31** March 2025
Audio Visual Equipment — No current value Computer Equipment — No current value Stock of items for Sale CDs — 80 approx. sale value £10ea 800.00 Books — 500 approx. sale value £10ea 5,000.00 Total £5,800.00
- Trustee Remuneration and Related Party Transactions
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The Trustees did not receive any remuneration or expenses during the year.
- Nature & Purpose of Funds
The statements of account for the year show the financial figures for the Charity. Unrestricted funds carried forward are £518.36
Annual Report & Financial Statements for the year ending 31° March 2025 Scottish Charity No SC044142
Independent Examiner’s Report on the Accounts
Report to the trustees of Well Road Productions SCIO Registered charity number SC044142 On the accounts of the charity for the period to 31% March 2025 Set out on Pages 7 to 8
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility 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 independent examiner’s statement
My examination is 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 seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, | do not express an audit opinion on the accounts.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention
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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
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to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations
have not been met, or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:i
Date: CD MEH. PS
Relevant professional qualification(s) or body:
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