**BANCHORY SKATEPARK GROUP (Scottish Charitable Incorporated Organisation) CHARITY NUMBER: SC047788** **TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024** ## **BANCHORY SKATEPARK GROUP** ## **INFORMATION PAGE** **Charity Registration Number: Registered Office:** **Website:** **Trustee:** SC047788 Norwood Station Road Banchory Kincardineshire AB31 5YP http://www.banchoryskatepark.com/ ## **BANCHORY SKATEPARK GROUP** ## **CONTENTS** |Trustees’ Report
Independent Examiners’ Report
Receipts and Payments Accounts
Statement of Balances
Notes to the Accounts|Page
1-2
3
4
5
6| |---|---| ## **BANCHORY SKATEPARK GROUP** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 OCTOBER 2024** The trustees present their report and financial statements of the charity for the year ended 31[st ] October 2024. Legal and administrative information is set out on the Information Page. ## **Objectives** The Banchory Skatepark Group (BSG) charity was originally set up to raise support and funding towards the design and building of a purpose-built skatepark. The park has now been built and requires ongoing support and maintenance. The aims of our charity are as follows: - Raise funds to maintain our community skatepark. - Promote wheeled sports in our community. - Support all age groups and abilities participation in skatepark use. - Work with the community to ensure the provision aligns with demand and suitability for our area. ## **Structure governance and management** The group is constituted as a Scottish Charitable Incorporated Organisation, incorporated on 3 October 2017. The charity is governed under a constitution which established the objects of the charitable organisation. ## **Trustee recruitment and appointment** The trustees who served during the period are listed on the information page. It is the charity’s policy to seek to appoint trustees who have a specific interest in its objectives or whose skills can complement those already in place. ## **Achievements and performance** ## **Achievements and performance** Upon completion of the Banchory Skatepark on the 15[th ] of October 2022, work has been ongoing for maintenance of the skatepark, including the planting of wildflowers and hedges around the banks. The group has also been engaged in training of both skateboarding instructors and a skateboard GB qualified judge. The group continues to work with the Skatepark Youth Group and interfaces with other sports organisations throughout the community. The major achievement in this calendar year was sealing of the concrete surface which will increase the longevity of the surface. ## **Financial Review** The charity has made a net loss of £1,510 in the year with £4,273 held in cash and bank balances at the year end. The level of reserves held will be sufficient to pursue the charitable objectives in the coming year. The committee are planning fund-raising events in 2025 to improve the bank balance and to carry out maintenance and improvements to the park. ## **Plans for Future Periods** There are ongoing repairs required to the banks of the bowl which is becoming a more urgent issue that we hope to resolve with fund raising in 2025. There is the potential to further extend the park and add lighting in the long term, but this work will be subject to a new round of fund raising and planning acceptance. The Group are committed to providing coaching and lessons at the new skatepark, these plans are in development and supported by Skateboard Scotland and Cycling Scotland (BMX). Signed on behalf of the charity trustees. _Date……….…._ INDEPENDENT EXAMINERS REPORT ON BANCHORY SKATEPARK GROUP I reporton the accounts ofthe charity forthe year ending 31 October2024 which are set out on the followirYJ pages: Respectiv8 responsibilitiès of trustèès and examiner The charity's tnjstees are responsible for the preparation of the accounts in accordance with the tenns of the Charities and Trustee Investment {sco￿and) Act 2￿5 and the Charities Accounts (Scotland) Regulations 2006. The charity trustees Consider that the audit requirement of Regulation 10(11 (al lo Icl of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 4411) {c} of the Act and to state whether parb'cJJlar matters have come to my attention. Basis of independenl examiner's statement My examination is carried out in accordar*ce with Regulation 11 of the 2006 Ac¢>3unts Regulatsons. An examination includes a review of the accountsng records kept by the chanty and a comparison of the accounts presented with those records. It also indudes consideratson of any unusual items or disclosures in the a¢¢ounts and seeks explanations from the trustees ¢on¢eming any such matters. The pro¢edures undertaken do not prowde all the evidence that would be ￿qUIred in an audil. and consequentty I do not express an audit opinion on the view given by the accounts. Independent •xaminer's stat•m•nt In the course of my examination. no matter has come to my attention.. 1. which gives me reaSona￿e Cause to believe that in any material respe¢l the requirements.. Ito keep accounting re¢ord$ in a¢¢ordance with Section 44{11 lal of the 2005 Act and Regulations 4 of the 2006 A¢￿Unts Regulalions; and Jto prepare accounts which a¢¢ord the accounting re¢ord$ and c4)mpty Regulation 8 of the 2006 Accounts Regulations; have not been mel,. 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.........July2025 BANCHORY SKATEPARK GROUP RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024 unrestri(1￿ R•8trict•d 2023 Total 2022 2021 2020 Tota NOTES.. R￿1p￿.. Grants Rècèipls from ftJThJiats¥¥J ectsvrt￿5 Total Receipts 191.915 11,6T5 915 915 17 3725 915 17 12 175 Paym•nt•: Chantsbl& A¢bvths BuihliThJ Costs L6vorW Paytn8nts fc¥ fundras¥¥J 8cbvrt Total Paym•nt• Net RK•lpWIP•ym•nt•l 2.428 183,026 8.042 1612 -816 -2.S*5 1.351 6(K15.S 4029 194 848 -1,510 -1.510 -8,012 5,652 6169.05 Tran5181s belween F￿￿15 Surplu¥ for th• p•rfod -1.510 -1,510 4.012 5.652 616905 ## **BANCHORY SKATEPARK GROUP** ## **STATEMENT OF BALANCES AS AT 31 OCTOBER 2024** |||**Unrestricted**|**Restricted**|| |---|---|---|---|---| |||**Funds**|**Funds**|**Total**| |||**£**|**£**|**£**| |**Cash Funds:**||||| |Cash and bank balances
at start ofyear||5,783||5,783| |||||| |Surplus / (deficit) shown
on receipts and payments
accounts||-1,510||-1,510| |||||| |**Cash**
**and**
**bank**
**balances at end of year**||4,273||4,273| Signed on behalf of the charity trustees: **----- Start of picture text -----**
… ...........................................................
**----- End of picture text -----**
**----- Start of picture text -----**
… ............................................................... Date
**----- End of picture text -----**
## **BANCHORY SKATEPARK GROUP** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024** ## **1. Accounting Policies** The financial statements have been prepared on the cash receipts and payments basis, ## **2. Grants** Aberdeenshire Youth Rights Committee award of £895 towards a trip to Transition Extreme & Meal for the youth group. This trip is forecast to take place Q4 2025. ## **3. Fund Raising Activities** Funding from the Amazon charity account, and a donation from Aberdeenshire council for a trip to TX for our Skate Park Youth group. ## **4. Charitable Activities** None ## **5. Building Costs** There was £1,809 in building costs, mostly the const for concrete sealant treatment and the tools required. There are ongoing maintenance costs for plants, fencing and netting to improve the overall look of the skatepark. ## **6. Leveraged Funding** None for this year ## **7. Payment for Fundraising Activities and other activities** There have been some team events (Xmas curry) and food for helpers that have carried out jobs on the skate park. The ongoing insurance is included in this line item.