Orkney Sea Angling Association SCIO Scottish Charity No. SCO46649 Trustees’ Annual Report and Financial Statements For year ended 31st October 2024
Table of Contents
| Contents | Page |
|---|---|
| Trustees’ Annual Report…………………………. | 1-6 |
| Independent Examiner’s Report…………….. | 7 |
| Statement of Receipts and Payments……… | 8 |
| Statement of Balances……………………………. | 9 |
| Notes to the accounts…………………………….. | 10 |
oscr,- Period start date Mth Year Period end date Year To 31 10 2024 offi of the Scottish Charty Regulator Reference and administration details Charity name Other names charity is known by Registered charity number CharlS principal address Orkney Islands Sea Angling Association SCIO As Above SC046649 2 Buttquoy Place Kirkwall Orkney P05tcode KW15 IJN Narnes of the charity trustee5 on date of approval of Trustees. Annual Report Trustee name Office Irf any) Dates acted if not for whole year {or body} entitled to appoinl 1rustee Irf any) Chairman Treasurer Secretary Ttee Ttee Tnjstee Trustee Trustee Trustee 10 Trustee 11 12 13 14 15 16 17 18 19
Reference and administration details Names of all other charity trustees during the period. if any. {for example. those who resigned part way through the financial period) structure, governance and management Type of governing document The organtIOn is a SCIO. It is govemed by con5tttubon, in whKh are thè purposes and administralion awangewnts. Thè organlsalfion was regkstered as a Charlty by th8 InLand Ravanua on 24th Junè 2016 Trustee recruitmenl and appointment The organisation5 trLt5tees are aFpointed or reappointed al the annual general meeb.ng and can hold office for a minimum of 1 year. Members of the committee shall rets.re annually at the AGM but thè commrttaa shall have porS to Co-opt and appoint should a vacancy occur during thè year. The Ofkney Iand Sea Angling Assoaation is run completety by vdunleers and th& managament c£Jmmrtt8e mèats rogularfy 1hroughout the year.
Objectives and activities Charitable purposes The proviSn of recreabonal faulffj'e5 and acb"VTb"es by provKling opportunth'es to take part in sea angling and boat tn.ps in the Orkney Isles whatever the abilrbes. physical condtbons, agg aThJ sox of parudpants to ben&fft tholr hoamh and wellbeing. Summary of the main activilies in relation to these objects The main acbvth5 of the organisatK)n to organi5e sea angling trip5 through- rt the year. These are divided into competitions and pleasure days. The 7 CoMtIbonS each year. Thg competrb.ons also d8cide qualifies to fish for Orknéy in the intertounty with Shèuand ead) yèar. Plèasuré days tan involve catthiThJ Yor the table.. or tying new areas or species to target. Beginners have delpJht just in catching mackerel on s1rings of feather lures. before trying for bfigger such as Ilng aThJ cod. The clubs toat Wdcome How, an elderly converted traer. and requires an annual refft and paint Mthere she ts lffted onto the pier in Stromness for several wèeks in spring. Most all of the maintenanee to wooden parts (hull, dècklng, wheelhouse and accomrrK)datK)nl. and painting 15 carried out by club members. Safety certrficates and equipment are maintsined by one of the dub skppers. induding th& boars MCA tesb"rg.
Achievements and performance Summary ofthe main achievements of the charity during the financial period To continue to keep the dub boat Welcome Home, in a oood stste of repair for usage Ihis year. and complete maintenance work that could ba achievad. Tho major boat safety survèy duè this yèar has beèn complètèd and a lot of repalr WO was done the hull along with 11 repaint and engine servicirrfJ. Thls has cost a lot èxtra thfis yèar aThJ has put a straln on Ihè club flnancès but Iwfulty. a gc<KI summer slhwkl allow plenty oftriP5 whith will boost the funds.
Financial review Brief statement of the charity's policy Because we are depended on the Welcome Home to operate. we can have on reserves issues with breakdoknTrs and snSo rèpairs. Also tho dub is waathor Ikpendant and thls can affèd Ihè club funds. We ty and keep a dub balanco over the year of at18ast £5Cth and have £1frJOO banked prbor to any m4or reffiVgJThey. has worked tyjt gNen inftation. we are at rk fallirrfJ bekw these figures. Details of any deficit Donated facilits.es and services (if any) Th& b.ma and skn.ll grven by MnbO{S towards th& maintenanca ol the 'Welcoma Homè. allows thè tontinuing usè of a dub boat. Skippèrs and trèw, who both r1ve payment al a greth le55er rate than commercial vessels. make the trips possible. and dub membws keep a weather eye out at all b.mes to keep the boat sal8 365 days a year. in all weathars. Charter sea arKJling work by the Welcome Home, also essential to fund the boars costs. This charters must be bwked. organised and horured for people wm) trav81 Irom t)gar and far. some rètumltvJ year alter [.
other optional information Declaration The trustees declare that they have approved the trustees. re1 above. Signed on behalf of the charity's trustees Signature(s) Full namelsl Position (e.g. Chair) Chair Treasurer Date 2310712025 30106Q025
oscr Orkney Islands Sea Angling Association SCIO SC0246649 Receipts and payments accounts For thè pèrlod from to io 2024 Section A Statement of receipts and payments Unrgstllcted Rgstrictsd fund fund ppndable endowmgnl funds PermaneDI ondowmgnl fundts Total funds last perlod currant perfod tonMrovtE A1 Recol Donations 820 820 282 Grant Fleceipts frorn ndraIsIn Gro86 trading rep18 Income frorn invesimenL8 Olher than 3.204 3,204 4,206 106 so Ren15 ftotm L4nd & buildiw$ Gross re¢olp18 from Other (tharfia8 6.105 6,105 3.fj32 Al Sub tolal 12.94J 3.204 16,147 8,070 A2 Ra¢tiM• lyom a••et & Inv•8tm•nt ••l•ts Proceeds ffom 881e of fixed a88ei• Procaodi from •Bl• of Inv4Bim£nls A2 Sub ioial To14ir•e•lpt8 12,943 3,204 16,147 8.070 A3 Payrn•nt• Exponsas for fundr818ing 8Ctiwtl•• Gr035 trading payment¥ Inveslmeni managemenlcosla Payman relaiing directly Its th8riiÈb1è 2Q 820 sio 3,996 3.204 9,502 Granlg ond éon41bn4 GovomBnce CCA818' Audit I Indbp8ndenl exafflinaknon PrepBrglion of annu81 accoun15 Lwl costs Other 120 120 A3 Sub £0181 4.936 3,204 8,140 10.132 A4 P•ym•nts r•l•ting to aoièt Ind Inv4stTh?nt movernents Purth•$esol fixed a5$01$ Purch888 of ¥SlmolS A4 Svb tolol Totslpeyments 4,936 3,204 8,140 10,132 8,007 8,007 12.0621 A5 TranBf8r& to I Ilroml funds Sury)lus/(deflcitJ foryear 8,oa7 a,a07 2,Q62
Orkne Islands Sea An Section B Statement of balances ling Association SCIO SC0248649 ReXrtct¢dfund¥ endow7neM nds lorteartstÈ Totil 145t pthDd D&tsUs fund5 t¢ toK4reslt lone41¢Stt Bl Ca$h fuDd• bsnk bances olye 2,453 4.515 Swpluiljdefic5tI on paymenis 8,007 &.OQ7 12.0811 b•l•nE•¥•t •nd ofye41 10,460 10.419 y•ir B2 Invwtrn•n15 uMtv•1¢# o#iii Punl C101t4•1 LI¥*1 È3 Oth•r Wekom bo SQ,QDa 30,ODQ 3Q.000 Amryithd¥• T• D•t&ii# LI••t 86 Contlngènl IlabllM•g Blgn•dbyon•0rl%wtrU•l• oat• app1 12 14lrJ2
Orkney Islands Sea Angllng Assoclatlon SCIO SC0246649 Section C Notes to the Accounts ¢1 Natur8 and purpose of fund6 (m8y b8 sia16rJ ort
rtotysis oflund3 work5hecf31
UnstrI18d fund4arÈ Ihcwthal may b8 Bl Ihty oflhetrnslees in furtherance dlheobi#ts of 1charity. Communrty M8n181 Heath & wdf8r6 Fund- oroni r¢¢wd ts eartyoui r4pak5 &7¢ milnloTrgnco on Ihe 'Welcom Home boAI Type of Ectlvlty OF project suppDrt•d 4di C2 Grdnts Toul C3a Tru•t•• r•mun•ratlon Ckne Skipper. who is also o trusiee, recelved remun8rallon due ia Ih8lrqu8llfie•iions obi•lned ¢ul Ith IM ¢harty. Al (8CU8Blon8 regardlng remuneralon8 take p18¢e under Our ¢onflicl of interest procedures. C3b Trt r•munoratlon- dotail• 1,780 2 IN$teeB re¢•iv8d r•movry•d during th8 yèÉr Nurnb•rol Iiu•tq C4b frust80 expen#••- detalls 91 70 41 Nature of rplailon5hlp Natur• of transactlon ¢5 Transa¢tiDns wtth tru8to6s and ¢onn•¢ partons Nla C6 Other infonTr8tlon Nl8
Independent Examiner's Report to the Trustees of Orkney Islands Sea Angling Association SCIO, registered charity number SC046649.
I report on the accounts of the charity for year ended 31 October 2024, set out on pages 8-10
Respective responsibilities of trustee 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 2006 Accounts Regulations. 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 explanation 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, I 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
-
1 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
-
to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations
have not been met, or
- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed Date
Address Voluntary Action Orkney ‘Anchor Buildings’ 6 Bridge Street Kirkwall KW15 1HR
7
APPENDIX 3
| Report to the trustees/members of Registered charity number On the accounts of the charity for the period Set out on pages Respective responsibilities of trustees and examiner Basis of independent examiner’s statement Independent examiner’s statement Signed: Name: Relevant professional qualification(s) or body (if any): Address:** |
Independent examiner’s report on the accounts V2 |
Independent examiner’s report on the accounts V2 |
Independent examiner’s report on the accounts V2 |
Independent examiner’s report on the accounts V2 |
Independent examiner’s report on the accounts V2 |
Independent examiner’s report on the accounts V2 |
Independent examiner’s report on the accounts V2 |
Independent examiner’s report on the accounts V2 |
Independent examiner’s report on the accounts V2 |
|---|---|---|---|---|---|---|---|---|---|
| ORKNEY ISLANDS SEA ANGLING ASSOCIATION | |||||||||
| SC0246649 | |||||||||
| Period start date | Period end date | ||||||||
| Day | Month | Year | Day | Month | Year | ||||
| 01 | 11 | 23 | to | 31 | 10 | 24 | |||
| 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 (as amended). 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. |
|||||||||
| My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. 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, I do not express an audit opinion on the viewgiven bythe accounts. |
|||||||||
| In the course of my examination, no matter has come to my attention [other than that disclosed on the attached page*] 1. 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 • to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. |
|||||||||
Date: |
24/02/25 |
||||||||
VOLUNTARY ACTION ORKNEY |
|||||||||
6 BRIDGE STREET |
|||||||||
KIRKWALL |
|||||||||
KW15 1HR |