Friends of Kilbride Accounts for the year ended 31 December 2024 Simmers & Co OBAN
Friends of Kilbride Contents Page Independent Examiners Report on the Accounts Trustees Annual report Report of the Trustees Statement of Receipts & Payments stament Balances Notes to the accounts
Friends of Kilbride Indeptndent examinerfs report on the accounts Report t¢ the trustee51members of Friends of Kilbride on the accounts of the charity for the year ended 31 December 2024 I reporc on che accounts set out on pages 2 co 8 Respective responsibilities of trustees and examiner The charity'5 cruscees are responsible for the txeparatyon ol the acetsuThts in accordance with the terms of che Charities and Trustee Investment (Scotland) 2005 Act and the Charities Account5 (Scotlandl Regulations 2006. The charity trustees consider that the audit requirement of Regulation l O( l)Id) of the Accounts Regulations does not apply. It is my resFK)nsikn'lity 10 examine the accounts as required under section 44{1 l (c) of the Act and co state wherher particular rnatters have tome to my attention. Basi5 of independen¢ examiner's Statement My exatnination 15 carried out in accordance with Regulation I l of the Charicies Accounts (Scotland} Regvlaoons 2006. An examination includes a review of che accounting records kept by the chari and a comparison of the accounts presented wich chose records. Ir also includes eonsideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such rnatters. The procedure5 undertaken do not wovide all the evidence chat would be required in an audit and. consequently. I do rt express an audi¢ opinion on the accounts. Independent examinèr's statement In the course of my examination, no matter has come to my attention. which gives me reasonable cause to believe that in any mater411 respect the requirem@nts'. to keep accountiTrg ordS in accordance with section 41(11 {a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been me¢ or ¢0 which, in my Dpinion. attention should bp drawn in order t) en3ble a proper Chartered Accountant Independent Examiner Simmers & Co Chartered Accountants Albany Chambers Albany Street Oban Date 21 August 2025 Page I
Friend5 of Kilbride Trustees. Annual report For the year ended 31 December 2024 The trustees have pleasure in presenting their repon together with the financial statements for the year ended 31 December 2024. Reference and Adm•nistrative Information Charity name Friends of Kilbride Charity no SC046175 Addre53 clo Daln3neun Kilmore Oban PA34 4XU Current Trustees Page 2
Friends of Kilbride Report of the Trustees For the year ended 31 December 2024 Structure, Governance and Management The Charity is a Scottish Charitable Incorporaied Organisation (a SCIO). It was registered in its currenc legal forrn on 4 Decernber 2015. It has a single tier xructure and a5 51Jch rhe trustees are the members of the Charity. Appolntment of trustees Trustees are recruited from individuals with an interest in the activities of the charity and with the requisiie Skills to effeively deliver the aims of the ch3riry. Objectives and Charitable purposes The charity's objectives arè for the advancemen¢ of heritage. by way of preserving che listed sixth centry chapel and surrounding graveyard at Kilbride. and che advancement of education and culture by way of researchin8, recording and preserving the history and records of the Kilbride chapel and graveyard, and providing educaiional material for the benefit of the public on the suty'ett. Activities, Achlevements and Performance The principal achievement of the chariry in 2023 was the starr of our programrne of improying the accessibiliry of the site. with generou5 financial assistsnce from the CLickmannanshire and Stirling Environment Trust with the work being carried out by our contrattors Heritage Buslders. The first srage was the replacement of t dilapidated and irregular stairs with a Trew Concreie sraircase with handrails. Next year we will create a non-slip pathvrfay from the cop of the sieps to the prayer holrse west entran. The D'cruz Trio presented a concert in Seprnber partly for the benefit of the Friends in Oban cathedral. Added 10 a further recital in London the annual Carol singing in Lerag5 House, these musiol events raised nearly £5CQ. Friends Df Kilbride continued to make the ruins available for the benefit of the local community the lighting ol the Kilbride Star at the beginning of Advent_ Friends ol Kilbride also hos¢ed six tours ol the prayer house and burial aisle during the Clan MacDougall Gathering, which raised £900. In May. our trustee previou5 one which created a new and updated promotional film ecome oucdated. This can be viewed on our website em on the Campbell Cross to our viriual tour. lacing the Iso added an Financial review In the year the Charlty made a deficit on unrestritted funds before transfers of £1.989 (2023 _ £683) and a deficit on resiricted funds of 11,030 (2023 - £18,267). At the year end the charity had retained reserves of £2.49412023 - £5,513) unresiritted and £nil {2023 - £nil) rÈstrtcted funds. Page 3
Friends of Kilbride Report of the Trustees For the year ended 31 Decembor 2024 Reserves policy The trusiees manage the activities of the ch2riw and ensure that funds for projects are identified either through the use of available reserves or by new grant funding prior co commencement. This means that sufficient reserves are maintainej at all times. Plans for future period Lookin8 forward for 2025 we hope further to progres5 the investigation of the medieval grave 51abs which we h- our trustee5 underground in the churchyard, drawing on thè ex errise not only of University. ut also Archaeelogy Scotland and Stirling We also plan to take ownership of the main strutture of the MacDou8all Burial Aisle the management and maintenance of which the Dunollie Preservation Trust wishes Friends of Kilbride to take over. Tr usiee 21 August 2025 Page 4
Friends of Kilbride Statement of Receipts and Payments For the year ended 31 December 2024 Unrestrirted Funds Receipts Donations Grant income Receipts from Charitable ac¢ivities Restricted Year ended Year ended Funds 31112124 31112123 1.937 1,937 6.170 900 1.895 3,380 437 6.170 900 Total receipts 2.8,37 6,170 9.007 36,132 Unrestricted Funds Restricted Year ended Funds 31112124 Year ended 31112123 Payments Cost of charitable activities Purchase of equipment Governance Cost5 4,466 7.200 11,666 54.746 360 360 336 Total payments 4,826 7,200 12,026 55.082 Surplusl(Deficit) for the year Transfers between funds {1.9891 (1,030) (1,0301 1,030 {3.019) (18,950) Surplusl(Defieit) for the year (3,0191 (3.019) (18,950) Page 5
Friends of Kilbride Statement of Balances at 31 December 2024 UnrÈstrictÈd Funds Restricted Funds Total 2024 Total 2023 Opening cash at bank and in hand surp1us1(DefltI for the year 5,513 {3,019) 5,513 (3,0191 24,463 (18,9501 Closing cash at bank and in hand 2,494 2,494 5,513 Unrestricted Funds Restricted Funds Total 2024 Total 2023 ank and Cash balances Bank. PayPal accounts and cash in hand 2,494 2,494 5.513 Closing cajh at bank and in hand 2.494 2.494 5,513 The accounL5 were approved by the trustees on 21 Augusi 2025 and signed on their behalf by: Trustee Page 6
Friends of Kilbride Notes to the accounts For the year ended 31 December 2024 l. Basis of Accounting These accounts have been prepared on the Receipts and Payments basis in accordance with the Charitie5 & TrUse Investment {Scotland} Att 2005 and the Charities Accounts (Scotlandl Regulations 2006 {As amended) 2. Nature and purpose of funds Unrestricted fund5 are those that may be used at the discretion of the crustees in furtherance of the objects of rhe chariry. The trustee5 maintain a single unrestricted fund for the day-to-day running of the club. 3. Related party transartions The club's insurance policy include5 Trustee Indemt)ity Insurance for all its trustees. No other remunerarion was paid to the trustees or any COnnecd persons during the year12022-. Nil). 4. Donations Unrestrirted Funds Restrirted Funds Total 2024 Total 2023 On site collettion and by post 1,937 1,937 1,895 1,937 1.937 1,895 5. Cost of Charitable artivities Unrestrictsd Funds Restrirted Funds Total 2023 Total 2022 Fundraising costs Repairs and maintenance Insurance Events Other costs Advert15ing 2nd marketing Garden costs Equipment 125 2,485 456 125 9,685 456 140 9.871 418 7,200 453 108 839 4S3 108 839 701 60 558 160 4,466 7,200 11,666 11.9n Page 7
Friend5 of Kilbride Notes to the accounts For the year ended 31 December 2024 6. Governance costs Unrestricted Funds Restrirted Funds Total 2024 Total 2023 Independent examiner's fee 360 360 336 7. Restricted funds The balance of restricted funds £ (2023 - Nil) was all applied to restoration works in the year. During che year funds were received from.. Clackmannanghire & Stirling Environment Trust 6.170 6,170 Page 8