# River Tweed Salmon Fishing Museum SC047856 # Trustee's annual report and financial statements for the year ended 31 October 2025 ## **River Tweed Salmon Fishing Museum Scottish Charitable Incorporated Organisation Registered Scottish Charity No: SC047856** ## **TRUSTEES' ANNUAL REPORT** ## **Reference and Administrative Information** The Trustees present their report together with the financial statements and Independent Examiners report for the year ended 31 October 2025. ## **Reference and Administrative Information** ## **Charity Name** River Tweed Salmon Fishing Museum ## **Charity Number** SC047856 ## **Address** Drygrange Steading Melrose Roxburghshire TD6 9DG ## **Trustees** Peter Huddleston Charles Plowden Douglas Dobie ## **Structure Governance and Management** ## **Constitution** The Charity is a Scottish Charitable Incorporated Association, controlled by its governing document. ## **Appointment of Trustees** ## **River Tweed Salmon Fishing Museum Scottish Charitable Incorporated Organisation Registered Scottish Charity No: SC047856** ## **Objectives and Activities** ## **Charitable purposes** The charitable purposes are: To preserve the heritage and culture of salmon fishing on the River Tweed through the establishment of a permanent museum To inform the general public of the growth of salmon fishing from its birthplace in Kelso, Scottish Borders to its position as a world-wide art sport. ## **Activities** ## **Achievements and Performance** ## **Financial Review** ## **Reserves Policy** The Trustees aim to maintain unrestricted reserves at a level to cover six months of expenditure costs. ## **Plans for Future Periods** Approved by the Trustees on .......................... and signed on their behalf **Trustee** ## **River Tweed Salmon Fishing Museum Scottish Charitable Incorporated Organisation Registered Scottish Charity No: SC047856** ## **Independent Examiners Report For the year ended 31 October 2025** I report on the accounts of the charity for the year ended 31 October 2025. ## **Respective responsibilities of Trustees and examiner** The charity trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and 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 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 view given by the accounts. ## **Independent examiner's statement** In the course of my examination, no matter has come to my attention other than disclosed below 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. Sheryl Macaulay FCCA Chartered Accountants 47-49 The Square Kelso Roxburghshire TD5 7HW Dated: 3 ## **River Tweed Salmon Fishing Museum Scottish Charitable Incorporated Organisation Registered Scottish Charity No: SC047856** ## **Receipts and Payments Accounts for the year ended 31 October 2025** |**Voluntary Receipts**
Donations received
Grants received
Interest Received
**Total receipts**
**Cost of Charitable Activities**
Advertising and printing
Insurance
Repairs and renewals
Subscriptions
Sundry expenses
Trustee expenses
**Governance costs**
Independent Examination
**Total payments**
Transfers between funds
**Surplus/(Deficit) for year**|**Total**
**Unrestricted**
**Restricted**
**2025**
**£**
**£**
**£**
5,662
-
5,662
-
-
-
-
5,663
-
5,663
-
-
-
453
-
453
-
-
-
573
-
573
44
-
44
1,861
-
1,861
552
-
552
-
3,483
-
3,483
**2,180**
**-**
**2,180**|**Total**
**2024**
16,066
4,176
492
20,734
1,199
482
1,292
397
556
468
4,394
**16,340**| |---|---|---| 4 ## **River Tweed Salmon Fishing Museum Scottish Charitable Incorporated Organisation Registered Scottish Charity No: SC047856** ## **Statement of Balances as at 31 October 2025** |**Funds reconciliation**
Opening cash at bank and in hand
Surplus/(deficit) for year
Closing cash at bank and in hand
**Bank and cash in hand**
Current account 1
Closing cash at bank and in hand
**Assets - unrestricted fund**
General fittings
Plant and machinery
Debtors
**Liabilities - unrestricted fund**
Independent Examination
OSCR annual return
Rent & Council Tax|**Unrestricted**
**Restricted**
**£**
**£**
38,199
-
2,180
-
40,379
-
40,379
-
40,379
-|**Total**
**2025**
**£**
38,199
2,180
40,379
40,379
40,379
75,000
30,000
105,000
450
65
515
-|**Total**
**2024**
**£**
21,859
16,340
38,199
38,199
38,199
100,000
30,000
1,400
131,400
400
60
7,700
8,160| |---|---|---|---| Approved by the Trustees on .......................... and signed on their behalf **Trustee** 5 ## **River Tweed Salmon Fishing Museum Scottish Charitable Incorporated Organisation Registered Scottish Charity No: SC047856** ## **NOTES TO THE ACCOUNTS** ## **1 Basis of Accounting** These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). ## **2 Nature and purpose of funds** Unrestricted funds are of a general nature and have no conditions attached. Unrestricted funds may be used at the discretion of the trustees in furtherance of the objects of the charity. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes. ## **3 Related Party Transactions** Expenses totalling £1,861 were paid to one Trustee during the year to reimburse them for expenditure paid on behalf of the charity (2024: nil). 6