2021-12-31-accounts - Thurso Town Improvements SCIO

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OSC r

		Trustees’ Annual Report for the period	Trustees’ Annual Report for the period
	From	Period start date Day Month Year 15 07 2020	Period end date Day Month Year To 14 07 2021

Office of the Scottish Charity Regulator

Reference and administration details

Charity name Thurso Town Improvements Association Other names charity is known by Registered charity number SC048820 Charity’s principal address Arkle Sibmister Road, Murkle, Thurso,Caithness

Postcode KW14 8SP

Names of the charity trustees on date of approval of Trustees’ Annual Report

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Name of person
Dates acted if
Trustee name Office (if any) (or body) entitled to
not for whole year
appoint trustee (if any)
1 Chairperson
2 Secretary
3 Treasurer
4 Vice Chairperson
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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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)

Name	Dates acted if not for whole year
None

Structure, governance and management	Structure, governance and management
Type of governing document Trustee recruitment and appointment
	The former unincorporated association “Thurso Town Improvements Association” became a SCIO and registered charity on 7 November 2018. The charity is governed by its Constitution as a one tier SCIO operating under OSCR guidance.
	None

Objectives and activities
Charitable purposes Summary of the main activities in relation to these objects
	To promote the well-being of the Community resident in the town of Thurso and environs (primary school catchment area) and to improve the environment, preserve the heritage and develop the amenities of the town.
	No events were held during the period

Achievements and performance

Summary of the main achievements of No events were run during the reporting period due to Covid 19 the charity during the financial period restrictions relating to lock down, mass gatherings and social distancing.

Financial review
Brief statement of the charity’s policy on reserves Details of any deficit Donated facilities and services (if any)
	Organisation does not tend to hold more than £15,000 to fund future events
	No deficit
	none

Other optional information

The Annual General Meeting will be delayed until Covid 19 restrictions have been eased and a public meeting is safe and allowed by the Scottish Government.

At 2019’s AGM it was noted that a number of the committee wished to stand down from their positions due to various reasons including family, age and health issues. Therefore, it was not possible to form a working committee to safely undertake the events that the organisation typically ran each year.

The chair requested that the committee remained in situ until an EGM could be held to try and form a working committee. This was on the whole agreed but two member had to stand down due to other committee interests in the Community Development Trust that could prove to be a conflict of interests.

The office bearers remained in position with the condition that no events would be run in the interim until the EGM was held and a viable committee was formed. Failing that the future of the group would be assessed and a way forward decided. This was agreed. This situation remains at the current time until an AGM can be held.

No changes in the last year with the above situation but if restrictions lift and agm and EGM will be held to try and progress a solution

Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s)

Position (e.g. Chair)	Chairperson	Treasurer
Date	15/07/2021	15/07/21

Enter SC No. below SC048820

Enter charity name below

Thurso Town Improvements Association SCIO

	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~	Receipts andpayments accounts For the period from Period start date Period end date to 15 July 2020 Day Month Year Day Month Year 14 July 2021 ~~—======~~
Section A Statement of receipts and payments
		Unrestricted funds	Restricted funds				Expendable endowment funds				Permanent endowment funds			Total funds current period			Total funds last period		Total funds last
		to nearest £	to nearest £	to nearest £			to nearest £				to nearest £			to nearest £		to nearest £	to nearest £		to nearest £
A1 Receipts
Donations		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	3,494
Grants		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receipts from fundraisingactivities		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross tradingreceipts		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from investments other than
land and buildings		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross receipts from other charitable
activities		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

*A1 Sub total*	*A1 Sub total*	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,494	3,494
A2 Receipts from asset &
investment sales
Proceeds from sale of fixed assets - - - Proceeds from sale of investments - - - A2 Sub total - - - Total receipts - - - ~~——~~											- - - -	- - - -	- - - -	- - - -	- - - -	- - - -	- - - 3,494	- - - 3,494
A3 Payments
Expenses for fundraising activities		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross trading payments
		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments relating directly to charitable	Payments relating directly to charitable
activities		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	345	345	345
Grants and donations
		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	15,900
Governance costs
		318	-	-	-	-	-	-	-	-	-	-	-	318	318	318	-	-	-

**A3 Sub total **		318	-	-	-	-	-	-	-	-	-	-	-	318	318	318	16,245	16,245
A4 Payments relating to asset and
investment movements
Purchases of fixed assets - - - - - - Purchase of investments - - - - - - A4 Sub total - - - - - - Total payments 318 - - - 318 16,245 ~~————————~~
*Net receipts / (payments)* A5 Transfers to / (from) funds *Surplus / (deficit) for year*	318) ( - - - - - 318) ( - - ~~———~~												- - -			318) ( - 318) (	12,751) ( - 12,751) (

SC048820

Thurso Town Improvements Association SCIO

Section B Statement of balances	Section B Statement of balances
Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Investments B3 Other assets B5 Contingent liabilities B4 Liabilities	Details	Unrestricted funds to nearest £ 13,134 318) (	Restricted funds to nearest £	Expendable endowment funds to nearest £	Permanent endowment funds to nearest £	Total current period to nearest £	Total last period to nearest £
	Cash and bank balances at start of year					13,134	25,885
	Surplus / (deficit) shown on receipts and payments account					318) (	12,751) (
						-
						-
	Cash and bank balances at end of year (Agree balances with receipts and payments account(s)) Details	12,816	-	-	-	12,816	13,134
		-	-	-	- asset belongs	-	-
				Fund to which		Market valuation to nearest £	Last year to nearest £





	Details		Fund to which	asset belongs	Total Cost (if available) to nearest £	-	-
						Current value (if available) to nearest £	Last year to nearest £









	Details			Total Fund to which l	-	-	-
					iability relates	Amount due to nearest £	Last year to nearest £





	Details			Fund to which l	Total iability relates	-	-
						Amount due (estimate) to nearest £	Last year to nearest £



	Signature			Print Name	Total	-	-
							Date of approval
							15 July2021
							15 July2021

Thurso Town Improvements Association SCIO

SC048820

Section C Notes to the Accounts

C1 Nature and purpose of funds (may be stated on analysis of funds worksheets)

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Individual / Number of grants £ Type of activity or project supported institution made C2 Grants Total - C3a Trustee remuneration If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross this box (otherwise complete section 3b) x £ Authority under which paid C3b Trustee remuneration - details

C4a Trustee expenses If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b) x

	Nature of transaction	Number of trustees £	Number of trustees £





Nature of relationship		Transaction amount (£) Balance outstanding at period end (£)

C4b Trustee expenses - details

C5 Transactions with trustees and connected persons

C6 Other information

Thurso Town Improvements Association SCIO

SC048820

Additional analysis (1)

Analysis of receipts and payments

1 Donations

1 Donations
	Unrestricted funds to nearest £	Restricted funds to nearest £	Expendable endowment funds to nearest £	Permanent endowment funds to nearest £	Total current period to nearest £	Total last period to nearest £
Transferred from unincorporated association					-	-
Donations	-				-	3,494
					-
					-
Total 2 Grants	-	-	-	-	-	3,494
	- Unrestricted funds to nearest £	- Restricted funds to nearest £	-	-	- Total current period to nearest £	- Total last period to nearest £
					-
					-
					-
					-
Total 3 Gross receipts from other charitable activities	-	-			-	-
	- Unrestricted funds to nearest £	- Restricted funds to nearest £	Expendable endowment funds to nearest £	Permanent endowment funds to nearest £	- Total current period to nearest £	- Total last period to nearest £
Midsummer Madness event income					-
Other event income					-
					-
					-
					-
					-
					-
					-
Total	-	-	-	-	-	-
	-	-	-	-	-	-

4 Payments relating directly to charitable activities

	Unrestricted funds to nearest £	Restricted funds to nearest £	Expendable endowment funds to nearest £	Permanent endowment funds to nearest £	Total current period to nearest £	Total last period to nearest £
Midsummer Madness event expenses	-				-
Advertising	-				-
Hall hire	-				-
Hire of equipment	-				-
Licences	-				-
General expenses	-				-	345













Total	-	-	-	-	-	345
	-	-	-	-	-	-

OSC r

Office of the Scottish Charity Regulator

Independent examiner’s report on the accounts

	Independent examiner’s report on the accounts	Independent examiner’s report on the accounts	Independent examiner’s report on the accounts	Independent examiner’s report on the accounts	Independent examiner’s report on the accounts	Independent examiner’s report on the accounts	Independent examiner’s report on the accounts	Independent examiner’s report on the accounts
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:	Thurso Town Improvements SCIO
	SC048820
	Period start date				Period end date
	Day	Month	Year		Day	Month		Year
	15	July	2020	to	14	July		2021
	6 to 9					(remember to include the page numbers of additional sheets)

	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.
	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 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.
	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.
							`2021`