2024-09-30-accounts

TOLBOOTH LAN.4Rk scia O SEFI. 2024 EAC ACCObNTANCI" D CERTIFIED ACCOUNtANTS

TOLBOOTII LANARI scio TRUSfEES' ANNUAL REPORT I'EAR ENDED 30 SEPTEMBER ?0?4 The management eomnuttee present its anttu81 report ond a¢counts of Tolbooth LarAark (SCIO) for thc year a]dol 30 Septernba 2024, Reference and AdmEnistralive Inforniation ity Name: TollM)oth Lanark (SCIO) ity Re￿stratiOn Nutnber: SC048358 Contact Address: 4 Higb Stre Lanark MLII 7EX Committee Mcmbers who s ' October 20?3 ta 30 Se ember ?0?4 All the Committe¢ Members who 8¢rved at any tim¢ thing th¢ y¢8r and up to the date of sigtting thc account5 ar¢ shown below: Observers

TOLBOOTH LA scio) U￿EFS. ANNLI.4L RIPORT CONT'D .4R ENDED 30 SEPTEMBkR .11,4 Inde mdcTrt Examiner EAC Accountsn¢y Limiknl 191 Ststion Road ML7 4BA Ballk of Scotl 23 Broomgate MLII 9EZ STRUmtRE GOVERN. GDiernin Docutncni Th¢ clwity is CQntrollol by its gov&tiiD8docum4 a deed oftruyL and CODStituteB au omw￿￿Tat￿l ¢harity. Re¢witsDent and inirnent ofNcw TTUSt¢es anisatiotLa] SknJ¢ture The day to day 8thDiIU8trntion of * 8nd the proeessiug and bandlillg or C)BJECTS.4NT) ACTtIllTIES The or8anis*ion's PU￿Sc8 ar¢ thc 1dvan￿￿o￿t of th¢ arts. h¢ritag¢ ond cuitw¢ throu8b the provis10￿ ijnprovoEicnt aDd rnainknce of the Tolknoth Lanark aid other &ssociLtcd Spac￿ forthe use of tbe itilkbitallts of L4llork and th¢ 5utrou1￿lllg ANCIAL REVIEW A loss was incurred for tbe yew utukrreview. This w•s due to continued copitsl IIIN,CIPAL FUNDING OURC The main source of income is provida by Sales and Room Hir&

TOLBOOTFI L.4N.4Rk scio rRUSI"CES' AKNLAL REPORT CONf'D 'E4R ENDED 30 SEPTEMBER 41144 Stut¢mcnt of Tn￿1¢￿5 Ro on5ibiliiitri ye4r show a true and fairview of the state of affairs of th¢ rj￿ity and its sde¢t Suitable wunting poli¢ia8 and then wtisi8t￿ttr. ll￿k¢JUdgm￿ts ¢￿in}￿ tbat are reason8ble alld ia th¢ financi￿ Statements; pEep&r¢ the firth0¢i￿ stztanents on th¢ going (￿￿e￿i￿$1¥ utsless It is IWPr￿1al¢ to thttthe clwity will coDthue in oEwatiooal The Committee is resEx)nsible for keeping proper ac￿￿tillE records whith dI￿lOSe with rwoDabl¢ a￿U[aCY at any tinx the fuwiciaj position ofthe charity and to enable tbem to eo8ur¢ that th¢ fitianctai statcments comply with the Cb8ritia$ 8fy1 Truste¢ JllVeStJna￿ (Scotjand) Act 2(K)5 and th¢ Cbarities Acwutrts (sLyJda[￿) Ra8ulati07)3 20(MS. They alx) raPJLfft￿lt forsafegu3rdii)8 tbe a55¢ts of the ch8rity and bence for takin8 r¢amable *p5 for the prevention and detection of fraud 8T AppFoNed by the tnL8tees on 5thDece4th 21T24 aod si8o¢d on th¢ir b¢h&lfby.

TOLBOOTH LANARK SCIO INDEPENIJEN'I, LknMINER'S REPORT TO THE cOMMI￿EE I re￿rt on the accounts of the charity for the year ended 30 September 2024 which are set out Oll pages 5 to 10. R¢s cctive res onsibilities of trustees and examiner The Charity's Committee are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (S¢otland) Regulations 2006. The charity Committee considers that the audil requirement of Regulation 10{1 ) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required undcr section 44(1) {¢) of the Act and to stat¢ wh¢th¢r particular matters have come lo my attentLOll. Basis of iiid endent e%2ininer s staternent My examiiiation is Ca￿led out ill acivrdl￿ce with Regulation I l of the Lharities Accounts (Scotland) Regulations 2006. An examination includes a review of the ounting records kept by the charity and a comparison of the accounts presented with those records. It a150 includes consideration olany unusual items or disLlosures in th¢ accounts and seeks explanations from the Cornmittee concerning any such Inatters. The procedurets und￿taken do not provide all the evidence that would be required in an audit, and conscqucntly I do not expr￿ an audit opinion on the view given by the accounts. Iiidc ¢iideIit examiner'q stateinenT In thc course of my examinatio￿ no matter has come to rny atl¢ntion. which gives me Teasonable cause to believe that in any material rwect the requir¢ments: to keep accounting records in accordanc¢ with Section 44(1)(a) of the 2005 Act and Regulation 4 of die 2(Ki6 Accounts Regulalions, and to prepare accounts which accord with the accounting rccords and mply with Regu]ation 9 of the 2006 Accounts Regulations have not been rnel, or to which, in my opiniory attention should be drawn in order to enable a proper understanding of the accounts to be rvached. EAC Accountancy Lirnited Chartered C¢rtificd Accountants 191 Station Road Shotts ML7 4BA 5112124

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TOLDOOTH LAN.4Rk scio blOT S FORKIIli P.4RT OF THE FtN.4NCIAL STA TENqEKrs IEAR ENDED 30 SEpfEMBER ?0:4 Accountin Poli Thc principal accoutthg policie4 which bave been appliol o)DSi5tay in the (xrreDt The Charity bas adopt￿ the rquir¢mettts of tb¢ Siatetnent of Recornmend¢d Practr Acwuot&ti8 and R¢Port￿￿ by Cljarities (l&%u￿[ Fcbnmry 21rt)5). Easis of araiion and UThd￿ the bisloricai eos rvnvrnlioE4 modified to refiect Ibe inclusion of iIIVthn¢Dts at mth¢t and in aceoTd8llcewith the Clwitia and ThLgteo Iovwttn¢nt {So)tland) Act 2W5, Tbe CJwitie8 A(￿Unts (ScotlaTrl) Regujationy 2¢)06> ￿pt￿yea by Tolbooth tAtwk (SCIO) ¥lld thc StstenieDt of Rec4)mmrnded Practic¢: Acwuntin8 &od Re￿rtill8 by Chariii&i (2(M)5). Fuod5 are d&8sified as either restrictal or unrestrict￿1 fithd5, defined &$ follow& Restricted fi￿dS are fvnds subje¢t to 5Fcific require￿¢￿ts a5 lo their usc whicb may be decJ8red by th¢ donororwith their outknity or ¢teatGd throu8b 1¢8al procG55¢s, but sbll within tbe Mider objects of tkn iknity. Endowment fi5nds are funds whith have been givett on the CODdition that the orAwal in aw)rd•nc¢ with the objects of the charity. Utirestricta fiuM15 are expeDdabl¢ at tbe discretion of tbe committ￿ in of th¢ objth of th¢ tharity. tf parts of the unr&8tiict￿l funds are Eatttlarked at tbe discrelion of the Con]mittee for a partlaj1￿ purposc, they ar¢ dcsisnated as a s￿arate od. This designation l>as a¥L athninistrative pu￿9$¢ only and doc5 llot legally rGstri¢t IiLCOmi resources All don8tioDs or¢ ine1￿01 Fithin iDcoThing resou[￿ UDd￿ ¢ithE unr&stsicted or restrieted funds &¢cordttts to the tcrnis Uthdw wbibh th¥ dvna¢iou is madc and when th¢ amount can be quantifi￿ with ru50llabl¢ certaioty. lknlls aTe bTought into the RewurLes ex nded

LANAR scio NOTFS FOIiMtNG PART OF THE FINtlNCIAL S TENIENTS CONT'D .4R ENDED 3U SEpfENIBr.R 71174 CLlJVAtin Polictes CONT'D Tan 'blL Fixed Asse The cknity h&8 th¢ risbt t(> nc¢upy &nd for its ¢haritabl¢ objccts ttrtain tansibl¢ fixed 8ss&s, vested in the Tolbooth La[th￿ (scio). f40 cottsideretion is payabl¢ for the use of th¢se assets. ExpenditLW¢ tncur¢d on the ryair and main¢enaD¢¢ of th¢v ¢ts is thargcd 03 resources ￿e￿a¢d in th¢ st&twpJt of financi81 activitiL3 in the yefijk ￿ll¢b the lability •TiS Tolb￿)￿1•0￿t (SCJO) 18 r4￿B￿S￿l a8 aclLetity fr& the p￿ry￿Se5 of appJi¥xblc taxalion IwlatiOQ 4od is thergfore not subject to t￿tiQll OD Its ¢h8titable a￿l*ltIes.

'l'OLR￿"r scio N() 'T OF TFir riN..INCI.iL TATFfvlfNT ONTD UDre5triCted Fund5 2024 Restri￿¥4 Td T•Jtsl 51)) 15(> 2JOO 170 2.47Q ijo 3t),340 10.083 29,712 12.385 42.167 10.0*3 40.423

Rk scio io. Nci P.4RI' OF TFtE Th&lNCLIL.qTIlTEMF.NTS EMB Ulwegtricted Tots] 2023 2Q24 2024 ccs ded Artistsl Fw8 15.3&) 8218 15 8218 1.829 420 1.842 7J43 1.415 3.920 13.6n 7.415 Rut & Rats5 420 1,842 7J43 1,415 3926 420 1091 8A05 1.424 7.498 1348 115 349 Heat & LI Telepkne aeaDiQE PnDtsllg 578 155 106 155 106 43.068 146 Moi'ecoeui i At Oiii(V2023 Iocorning 30109r2024 Umrstri¢wd Fuod6 14,844 4i.218 43.118 11699 11699 41.073