Lochside
Community
Association
Scottish Charity No SC048400
Annual Report
And
Financial Statements
For the year ended 31st March 2025

Trust￿ Annual Report for the perlod
I" April 2024to 31st Marth 2025
Lothside Communlty Assodaiion
Chari
Truttees
StnKtureJ 8ovem•nce and rnana8ernent
Lochslde Community Ass(Klatlon Is a Scottth Charitsble incorporated Organisation estsbfished on
23" May 2018.
Appolntmert of trustees
Trustees are nominated and elected each ￿ar by the membership at the AGM. The trustee5 who
served during this peri(xl are set oirt above.
Trustee Inductlon and tralnln8
Trustees under80 an orlentation meeting to brlef them on their legal obligatlons under charity law,
content of the constttutlon, the committee and decision making processes. the business plan and
recent flnanclal perforniarKe of the charity. Trustees are erKouraged to attend appropriate external
tralnin8 events W￿re the* will facilitste the undertakint of their role.
Organlsatk)n
A committee of trustees, who meet re8ularty, administers the charity. The trustees have
commissioned a local third sector or8anisation to provide a dedlcated projett development worker
to mana8e the day to operations of the charlty In Ilne with a work plan and monitorlng reporting
requirements as set out and agreed by the trustees.
At the trustees meetin8S, the tr￿tee$ agreed a board strategy and a￿aS of activity for the charity.
including consideration of acrNitses, reserves and risk management policles and perforrnance. A
scheme of delegation is in place and day to day reswnsibility for the provision of serYlce5 rest wlth
the commissioned worker who is responsible fDr ensurin8 that the charity delivers the servlces
specified and, as such. res￿nSibIlity for the day to day operational management of the centre
Individual supeNision of the volunteer team and also ensurin8 that the team contwiue to develop
their skllls and workin8 prartlces In line with 8ood practlse.
Rlsk pollcy
The trustees have examined the strategic, business and operntional risks which the charity faces and
are satisfied that Wems have been established to mit8ate those risks. includins the establishment
of a system of procedu￿$ for authorisation of all transactxbns and activities, an annual review of the
rfsks which the charity may fa￿ and implementstion of aC￿n designed to minimise ary
potential impact on the charity should any risk5 materfalise.

These procedures are perlodicalty to ensure that they still meet the needs of the charity.
Obpctlves and artlvft*s
The organisatlon's purpose are to improve the corKlitions of life of the resident5 of Loch5ide and ihe
wider are of North West Dumfries elector41 ward {he￿Inafter called "the neighbourhood") by
providing and maintaining facilities, services and activities for recreatk)n to ad￿dnCe:.
4.1 Community spiriL cltlzenship and community development..
4.2 Health and wellbei
4.3 Education.
4.4 Arts, heritsge and culture
4.5 Public participation In 5POrt; and envlronmental protection and improvemenL
Athlevements and perknnaxe
We have achieved the ￿tting up and delfvery of a successful Grub Club which feeds local families
during school holidays helping to address food hunger and deprivation in the local community.
We are a Fareshare subscriber wich enables the or8anisatton to supply food to households In the
local community who experience financlal hardship.
We have developed the capacity of tFE organtsatlon and trustees to develop and deliver these
projetts and help sustain a local community centre for the benefft of the local communrty and other
communlty 8roups.
Investment polkv
Aside from retsining a prudent amount in reserves each year most of the chariV5 funds are to be
spent in the short term. so there are no furnls for lon8 temi investment.
Reservtt poll¢y
It is the policy of the charity to aim to malntaln funds. which are the free reserves of the charity, at a
level which equate5 to approxlmately three months u￿estrIcted expenditure a5 designated funds.
Thls provldes suffldent funds to cover revenue costs in the event of significant drop in resources, or
to meet ary liabilities should the charity have to wind up.
Trustee remunerathn
The trustees receive rn ￿mUneratIOn for their services. No expenses were clalmed during the
period.
The trustees dedare that they have approved the trustee¥ report a￿1 the report 15 signed on behalf
of the Trustees by.
Date: 0111212025

Lothside Community Assodation
Statement of Recelpts and Payments for the year 1st April 2023 to 31" March 2024
202412025
Unrestricted
Funds
202312024
Total
Funds
202312024
Total
funds
Restritted
Funds
Recelpts
2416.95
27593.(X)
5(K).IX)
o.
7017.65
35936.(M)
7364.98
IcK)00.00
Grants
Donations
Fundraising artlvlties
Gross trading recelpts
Hall hi￿ income
Gross receipts from other
Charitable activities
Interest
Totsl recei
7821.69
17500.00
0.00
7039.(K)
10523.(Kl
0.00
0.00
ts
34632.(Kl
35936.IX)
20523.00
17500.00
Payments
Payments relating directly
to charitable actlvitie5:
Commlssioned work
Hall hlre charges
Falr share member fee
Gas
Electrici
Insurance
Supplies
Petty cash
Preparation of annual
accounts and
endent examination
ayments
20255.IJ)
28157.88
16211.03
10000.00
1876.80
3462.03
4296.54
1938.40
3462.03
4296.54
1938.40
0.00
3(KX).
3460.00
2500.00
3000.00
3460.00
1454.04
3(K).￿)
31J).(X)
3(X).
300.(X)
Inde
Total
30251.97
40031.65
25471.03
18214.04
Surplus / Ideficit}for
ear
4381.00
4095.CKI)
(4948.03)
1714.04)

Lothslde ConNnunlty Association
Statement of balances ft>r the year ended 31° March 2025
Fund5 Reconclllatlon
Unrestricted
Restricted
funds
funds
Total
202412025
2023n024
cash and bank balance5 at 1st April
2024
Surplus/(deficit) for
ear
Closing balances as at 31st march
2025
2416.95
7017.65
9524.60
15086.67
11897.68
14314.63
(4095.651
2922.00
(5662.07)
9524.60
17236.63
Bank & Cash Balances
202412025
202312024
Vir
in bank
17136.63
9524.60
T(yfAL
Other assets (unrestrlcted funds)
Equipment-furniture and fittings
(no deduction applied for
depreciation)
2024/2025
700(M).00
202312024
6(M)(x).00
Approved by the Trustees and si8ned on their behalf by
Date 15/11/2025

Notes to the Accounts- for the year ￿ded 31st Marth 2025
l Basis of Accounting
These accounts have been prepared on the Receipts & Payments basis in accordance
with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities
Accounts (Scotland) Regulations 2006 las amended)
2 Le8al structure
Lochside Community Association became a Scottish Charitsble Incorporated
Organisation on 23￿ may 2018. These accounts relate to 1st April 2024 to 31 March
2025.
3 Nature and purpose of funds
Unrestricted funds are those that may be used at the discretion of trustees in
furtherance of the objects of the charity. Restricted funds relate to the 8rub club
receipts and payments.
4 Comrnlssloned Work
The trustees commission an estsNished third sector community development
organisation to provide a worker to carry out operational activities on a day to day
basis. Funders support this approach.
Fundln8 Recelved I" Aprll 2024 to 311t March 2025
Dumfries and Galloway council £20000.00
Third sector £35357.00
Robertsons trust £IOLK)O.
Date 1411012025
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