TRUSTEES ANNUAL REPORT RECEIPTS and PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 January 2025 Chirnside Development Group SCIO Charity No: SC044581 Chirnside Developmont Group SCIO Tru8toes Report The trustees present Iheir amual report and independentty examined ac(x)unts for the year ended 31 January 2024. Reference & Admini8trali"ve Detalls Principal Offtt.. Orchard House 8 East End Chirnside Duns BeThvickshire TDI 13YG •tructure, Govemance & Management ChirnsKle Development Group is a Scothsh Chartsble Incorporated Ckganisation {SCIOI. It is govemed by rts ts)nstitution. R•crullm•nt & appolntmont of tru8tg08 The members appcinl people to serve on Ihe Board. peo* serving on the Board are the Charty Trustees. At each AGM the Members may elect any Member to be a charty trustee. At each AGMal the Chanty Truslees musl fets're from office, but then may be re-elected. Helen Colvine recerrfes remuneratson as Finance offi￿r. Objectlv•s & Activlties The a￿Van￿￿Ent of citizenship or communty development, tho prov¢sion of recreational facilities, or the organisation of recreational actNities. wilh the ()bject of Improving the condrtions of lrfe for the persons for whom the facilities or ath'vrties are primarily intended. Our newest obiectTve is to fitKI a cheaper arKJ more affordable energy SLpplier, as Electricity costs are becorning alamiirg. Our abilty io supply the village wth a sustainable Ccmnmunty Cenire depends on us as a group, to keep ccwning up with new Kleas for insulating and heating the Centre. To this end we are looking into installing. air to air add￿'On81 heating and solar panels and studio 1 and 2 fl¢x)r insulats'on. A solution will include applying for an 800A grant for this wrth a 20Y interest free loan over 8 years. This has been researched and is fèasible. We have agreed to go ahead with this as soon as possible. Achlovements & Perfornianc• The last year has been a real challenge for ChimS￿e Communty Centre and our Development Trust that manage the Centre. Like everyone else in this present un￿rtain economic climate, we have seen our Board of Trustees and committee members decline and so it has been left to just a few of us to manage the Centre and arrange events and bookings. The price of heating the building has gone up and our Treasurer has had to keep looking for the best deals to cope with this. Having said that, we have had events such as Concerts, a Ceilidh on New yeavs eve and Coffee Mornings. Community Lunches. and set up a monthly indoor market. with tombola and cafe included. All these events have raised a consKlerable amount of money, whith still doesnl cover our expenses. We have at last, (after many goes in the past) managed to get funding for the replacernent of the stained-glass windows, which have made a huge difference not only to the look of the Centre but also stopped the considerable leakage of heat through the broken windows. Not to mention the bitter winds and weather coming in through them before the repairs. BookirKJs Contin￿ to come in, but we still have room for more users. New groups like Lrttle Strikers, and Book dub have stsrted. We plan to do more to make the Centre more sustainable and we have had a suNey to see how the Centre can be more environmentally friendty. Following this. rt has been established that the next best thing to have is Solar Panels and Storage Batteries and to this end we are now starting to apply to funders for the money to get these installed and of course, we have to have various permissions etc. So we have our WO￿ cul out to keep ahead of everWiirvJ. We have to acknowledge the hard work and dedication of the few on the Board that remain, that has enabled the work of this Twsl to keep the Communty Centre functional, whilst also improvi￿d the building. We must also thank those members who have left the board. but who have worked with us to run and help wrth events etc. It is not only the Trusts aim to keep the building open and functional but also to serve the Communty of Chirnside and we will try our best to keep this very important village asset in good order and open to all in this village. Flnancial Review Our main source of funding continues to be hall lets. We re(*ived donations and grants totalling £ Total funds for the year were 2024r25 £33,835(2023124: £24,487) resulting in a deficrt of £7,345 for the year. Pollcy on reserve8 The policy for general reser4es Is to have enough in reserve to cover running costs for the Centre for at least 6 months The policy for restricted reseNes is to use them for the purpose for which they wefe intended. that is the renovation and refurbishment of Chimside Cwimunity Centre, the cost of which will be depreciated over the lrfe of the lease femaining. Chirnsldo Development Group SCIO Statement of Recoipts & Paymgnts for y•ar •nded 31 January 2025 Nole Unrestrlcted Restrictod Total Funds Funds 2024 Totsl 2023 Receipts Donations & Grants Charitable Activities Other activities Total Income 5.279 10,308 18,248 4,788 4.788 8.740 8,740 10,958 10,958 24 486 24 486 Exp8nditur• Charilable activities Raising funds Repairs IE Total Exp•nditur• 10,828 15.317 15.050 75 14,120 14,120 10.254 10.254 4,526 4.526 50 50 28 950 28 950 Total fund8 brought forward Surplusl(Deficlt} Total 32.308 36.771 17.435> 87 14,463) Chirn81de Development Group SCIO Statem•nt of balances for year and￿ 31 January 2024 Unrestrictad funds Totsl 2024 Total 2023 Cash at bank and In hand Surplusl