8CIO r•gl•trntion number SC048909 IScoll•nd)
GLÉNBARR COMMUNITY DEVELOPMENT A&8OCIATION
ANNUAL REPORT ANO FINANCIAL 8YATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trn$t
(Appinted 27 November
20241
(Apwnted 25 September
20241
8•¢r•tsry
Ch•rfty number ISGa¢l•nd)
SC048909
R•gl•ter•d office
Audltor
liam DUn￿n 4 Co (Authll Lld
Ellersl&y Hou
30 Mi118r Road
Ayr
Ayrshire
KA7 2AY
B•nk•rn
Tritx105 Bank
Deanery Road
Br￿(
8S1 SAS
Mrgin Money
117 Bothwell Slre•t
Gkisgow
G2 7ER
United Trust Bank
Ropemaker Street
London
EC2Y 9AW

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
CONTENTS
Page
Trustee's ￿port
Stalemont of trust88's responsibl11￿8S
In¢Jep8nd8nl auditor's report
8-10
Statemènt of flnanual activiti85
Balance sheet
12
Statement of cash flows
13
Note8 to the financlal statsments
14-25

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Tho Truslees of Glenbarr Cornmunity Development Association {GCDA) are pleased lo present tr￿1[ anrnual ￿pOrt
for the year ending 31 December 2024. This report provides an ovemèw of the ¢harfty's activities, achievements,
and financAal performance throughout the year, in line with its objectives of wpp)iting SUStainabl• commun
dovaloprnent and environmgntol pml8Ction in the Gl8nbarr a￿#.
GCDA wa5 established to manage and distn.bute community in￿stment fvnd$ from renewable energy source5,
ensuring that the Glenbarr ¢ornmunity benefrts from the Iccal wind farm al Au¢h8dadui8. As per the Community
Distribution AgreemeTrl (April 2021), on6-IhiTd of tho profits generated by Fyne Ener9y'S turbines are allocated to
support iniiiativ&s that address local prioiitses. The Associatlon. regislered as a Scollish Charitable Inco￿)rated
Organisalion ISCIOI on 13 December 2018, 1$ governed by a Jingl¢-Il•r structure where trusl&es abo seNe as
membeR of the ¢harity.
The financial slalements have been p￿Pared in accoTdan¢• with thg accounting poliLyg9 ￿ oul in nol8 1 to the
financ4al $18tements alld Comply wlh the charity's constilulion, the Charities and Tru51ee Invegtsnent Iscouand) Act
2005, the ChBriti8s A¢￿Unts IScotkqNII Regulatlons 20C6 las amerK18dl and "Accounting Reporting by
CharitEs.' Stalernenl of Recommended Practice appli¢able lo charitses preparing their accounts in accordan¢e wf(h
the Finanoal Reportiny Stsndard applicable in the UK and Repul￿1¢ of Iroland {FRS 1021" leffe¢tive 1 January
2019).
Objective¥ anrl aetlvltl•s
GCDA exists lo advan￿ comrnunty dev8bpment and enwronmenlal con5eNation Ilyough a range of straleglc
inilialives. The organisalion is committed lo ensuring long-term bgnefil$ for resident3 by frxusing on sustainable
developrnènt, promoting social inclusion, and onhanciThJ IoGal infra81ructurs and services.
Specificalty, th• charity works IvNards.'
Enhancing the sustainability and rtrsilion¢e of Ihe Glenbarr communlty by supporltng local servS¢ès and
infr8structuro PTOjBd$.
Encouraging putlic engagement In the planning ard decSsloTrmaking PToce55es ￿lated to communty
reyeneralitjn.
Delwering projects that focu8 on Swal welfgrg, employmont, 9nwronmenlal proteclion, and ovorau
eommunity w&llb8ing.
The deslgnated goographical fooJ5 of GCDA includes PA29 6UT, PA29 6XD, PA29 6UX, and PA29 6UZ, covering
areas from Killegruer in the south to South Mua5d￿e Farm in the north, exitrnding west to the shore and oast to
Amicle.
The trust80s have pwd due regard to guidance issued by thg OSCR in deLYding wlwt the charrty Should
undertake.

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achlev•mgnts and performanco
ThfoughoLrt 2024, GCDA has remained cornmltted to Its stsalegic goals. undertaking Seve￿1 key projects and
Inltiative5 Ihal have 8ignifi¢antty contributed lo community development. This year hos been parb"¢ularty nolablg for
the expansion of 30cial inilialive$, environmental resloralion efforts, and infrastN¢tur¢ improvgmenls.
Community Engag•munt & Events
One of the cornerstones of GCDA'S work continues lo be f051eiing a strong and indusive Gommunily Spir￿ The
Brew and eigth•r initiative h85 grown in popularity, providing a wdenming space f¢r social interaction and
communty $upporL Attendance has in¢￿4$ed notably, peaking al 34 partiapants. includillg schoolchildr8n and
rn8mtéTS of the caravan community during the summer months.
GCDAS annual Bonfire Night was successfully relocated to Dal an Dule field, allowing for a more controlled and
securn èn¥ironrnenl. Enhancad safety measures were inlroducad, includirig the provision of high-visibilty iackets for
voluntèèrs, fitsl aid kts, and a fir¥ blanket.
The Chrl•tma$ Communlty Event conllnugd Ihis year wilh * tractor parndg and Santa* vlslt to ensure an
anjoyable experience for all attendees with caterin9 sourced exlemaly.
Additionally, first Eid training courses were introduced, marking the beginning of a Irmg-term to t1evelop a local
Flrst R•sponder nelwork.
CommuniGations Man*g$m•nt
2024 saw significant developmgnts in how GCDA ￿m￿unIcateS with and engagès its rxjmmunity and willer
stakeholders. A key nile5tone was thè r•d8sign and relaun¢h of the GCDA website, making il more user-triendly
and accessible to both members and the publio The new website 3erves a$ a hub for updates on ongoing proi8Cts,
g¢vemance malter$, and ￿￿nt announcemelll8, pnhancing transparency and acrAssibility.
In tandom with thè websita launch, soclal mÈdla aellvlty Incrgas•d substan￿OI1Y. The as50cialion focused on
strengthening both inlemal communlcatlon channels Ilor members and local ie5identsl and extemal outr*a¢h to
wider audiences interested in community-led development. Engagemenl across platforms 9rew significandy, helping
1¢ di586rninat8 koy infomiation MO￿ effectivoly and broaden community partiapation.
Olhgr nolabl8 association dgvelopmènt activities induded the implem8nlatlon of a structured Gommunlcatlons
plan to ensufft regular updates on projects and initiatives, a5 well as improvements in mtmb&rship engagement
strategies, leading to higher levels of communty involvement in events •nd ¢onsuttations.

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
TRUSTEE'S REPORT (CONTINUED)
FOR ThIE YEAR ENDED 31 DECEMBER 2024
Major ProJo¢t DÈvelopmBnts
Community Hub Developrnent
A major focu8 for 2024 ha6 bèèn the progression of the Gl•nborr Communlty Hub, a planned muttkfunclional
farylily that will sèrv8 as a central galhering plac* for r8sldent5. Key development work started this y￿1 fDllowing
ihe appoinlmerit of a dedioled project development manager in September. Preparation work was undertaken this
year for the launch of an archltectural de9ign ¢omp•tltlon, eKtensThB communlty consultatlons, a ¥its
•pprai8al proc•ss to determine the most suitable location for tha hub.
Woodlan(I IA•nagom•nt and Envlronmentsl Restoratlon
The managempTrt of the community woodland at Dal an Duie remain$ a priority, with significant offorts direct8d
towards cons8rvalion and biodiversity enhancom•nt. In 2024, GCDA carrieil out extensive dry stone wall rèstoration
work and continued ils prograrnrne of Inv#$lve spÈclgs wgmoval, particularly larg8tlng rhododendron ponlicuum
an¢ Japanese knotsweed. A(kJilionally, suTh•ys focu•lng on archaeology- local bird, bat. and badger
populatitsns and bageline vegetation were completed, conlribuling valuable data to infom fvlurg management
plans.
A Felling Ll¢on¢• Application Yrds 8ubmltted to Scottlsh Forestry InAugUSt. marking an important step In the long"
lerm woodland vnanagement plan.
Ilag9 Enhancement Plan
Work ha5 cornrnenced in t1eveloping a comprehenstve Vlllag? Enhancement Plan, with efforts foGu5ed on
improving p&Jestrian aCCe￿ibIlity and safety. managing ttaffi¢ $peed, upgrading pljblic recyding facilities, and
enhancing thg OV8rall aestheti¢ Appeal of the village. Planning and mapping oxercises hav• b•en Conducted to
inforrn th8 impièmanlation phase in 2025- 2026.
Housing Efficlenw and Empty Homets Inlllatlvg
In partnership with Hom• En•rgy Scotland, GCDA has referred 27 hoy$•holds for insu￿(lOn grants. Of thès•.
thre• hav• ¢omplotèd the process. whil& 18 rèm*ln at varfou5 5tage5 Within thè programmè. The project
continues to explore the feasibilty of integrating heal pumps and solar energy solutions into the community's
hDuslno stod£.
Clan MA¢•li8ter Charitabh Tru8t {CMCTI Land & Hgritag• Con88r¥atlon
GCDA contiThJes to work alongside the CMCT lo improve the communlty access and amenty value or targeted
area5 of the estat8 until longer terrn decisions are made. This woth fomis part of a formal Li￿n¢* Agwm•nt with
the Clan Macalistsr C￿rItable Trust, ensuring GCDA has the necessary p¢rrnission6 to undèrtake kay
imprgvement works on Ihgir land. Enhan¢em¢nls to community footp•thg and st•ps have been undertgken
during 2024, improving accassibility and saf8ty.
Insplrad by the Scottish HislDric BU1￿1ngS Trust national Doo¢ot awareness raising campaign launGh and incTea$lng
local inl¢rest in the Glenb8rr D(K)cot. the GCDA comml$sioned SHBT to carry out a Fèasibility Study for tho
Stsbilisalion. Restoration or Developmant of the Doocol. The rasults will be considered during 2Q25.

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flnanelal r•vi8w
The financi81 position of GCDA rernainad stable throughout 2024, wlth the organisation malnlalnbng a prtjdent
approach to expendltur8 while ensuring that fijnds were allocated effectNety lo support its slialegic objeBtNe$.
Income
GCDA'Y primary source of incom8 during 2￿24 continued to ba Gift Aid r¢¢8lv•d from Fyng engryy Llmlt•d.
amounting to £SOO.OOLI. Addrtlonalty, Investrnont Incorne from rnsaTh8s held in vjrious savings accounts
gènèratsd £35,795, ensuring th¢ tharity maximised relum5 ¢Jn available funds while maintaining liquidity for
operalional needs.
Exp•ndllur•
ExperNJiture fDr Ihg yegr r8fiected the organisation'$ commitmenl to deliverlng key profvcts, with funds allo¢•le
across varK)u$ strategic initiatives, including Ihe Communlty Hub development. tho Mllag• Enhancement Plan,
tho Housghold Improv¢mènt Programme, Wloodland l*lanagamont efforts and Community Soclal and
L￿rning Events programmè. A total of £107.469 was spent on prolgct wsls. governance, anl adM￿lStratiOn with
a furtheT £22.622 spent on capilal ¢osts.
Res•vi•• and Surplus
Al the financial year-end, GCDA reported an operatlng unrnstrfctsd •urplus of £1,000,638, ernsuiing that
sufficA8nt reserves were maintained lo 8UPPOrt future inltiatwes.
GCDA rernains welkpo$itioned financially as il enlors 2025. with a ¢le8r locus ￿ $ecurtng addrtional fvnding
strearns and enwring 5UStainability across its key programmes
It Is the pollry of the clwty lo hold unrestricled funds th81 are not yet designated lo specth¢ purpos8s until
Gonfimation is received for major proj¥¢t-r¢lated permissions, suGh as planning approv81$ and statutcry consanls.
As the charity is in the garfy stage$ of delivering a numbgr of capital ond infrastr￿l￿re projects, rt 15 desirert that
funds are rÉtsinÈd in an unreserved stale lo alow for flexibility, respon8ive depk)ymenl. and effective fillancial
$leward5hip Dn¢2 the Tequired external Confinnatior￿ are in place.
Vvhik these funds a￿ pre8enUy da$sified as unr¢$tri¢ted, internal budgatng has al￿8dY rin9fencod allocatw)ns 10
priority project areas as detsilod in the Truste85' Report. This approach en5UTes that GCDA is able lo comrnil
reskvJnsibty to knture projecl development wlthoul prernalurely restriGting fvnds ahead of lomal approvals.
It is the pollcy ol the Charlty thal unrestrlcted funds which have rNJl been de5rgnalèd for a speciffic use Shou￿ b8
mainiained al a level equivalont to between three and six month'¥ operating expenditure. The trustee6 consider that
resPtve$ at this bvel will •nsur8 that, in the event of a 819nrf￿?nt drop in fvncling. thgy wil b¥ able to conlnue the
¢harity's current actiwties while Consideration is gwen to way5 li which additional funds may be ralsed. This 18vel of
reserves ha5 been malntained throughoul the year.

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR EAIDED 31 DECEMBER 2024
Plans for futurn perlods
Plans for 202S and 8&yond
GCDA has rolled forward its annual fve year investment plan and continues to bB Gommriled to delNering key
projects that will 8upport Ihe long-temi sU￿81n￿bIlItY of Ihe ￿MmunIty.
In the coming year, a primary fo￿$ wlll be on progrossing the next phases of the Cornmunlty Hub pro￿. Securing
nacessary pemiissSon$ and funding to move towards dalailed planning and design woth.
The Vlllage Enhan¢em¥nt Plan will also enter it3 initial imF4ementation 8lage, with tongible impmwmgnt$ to
p8d¥$lrian ar8a6. signage, 8nd Vil￿gO infrastructure.
Further woth will continue on the Houslng Efflclency Progrnmmg, wh8re GCDA aim$ lo expand its reach by
id8nlifying addition81 funding opportunities to assist resKlents in improvSng the energy effiaency of their homes.
The Woodland Manag•mgnt Plan will a￿anCe, building on survey d818 collected in 2024 to shape responsible
and siislainable land rnanagernent strategies.
The organi5ation will also seek to deepen its engagom9nt with kjcal stakeholders and external funding bodies,
ensuring that all major projects have the necessary finanaal backing lo succeed. Strengthening govemance and
admlnistrativa structur85 reTrain$ a prtority, particularty in refining operatsonol processes to support tha growlng
Scope of GCDA'S actiwlies.
Cross Cutting Theme$ & Bon•flts
Throughout the delivery process Ihe GCDA will woth with ¢onlractorslfunderslpartnerg lo Idenlify 18aming, Iralnlng
and work experience opportuniti9$ frsr local people a$ well as volunteering opportunities. This will locu$ within the
a￿8$ of heritage, 8nvlronmental inlerprelation and management, energy con8ervalion planning an
development.
Strudurni govornance and managem•nt
The charity is a Scottish Charitsbl• Incorporated Organisation Ihal 18 limited by gu8rnntee.
The trustees who seTved during Ihg year and up to the dale ol 8ignaluro of the financial statemanis were..
IResigned 15 May 20241
(Resigned 1 February 2024)
Appointed 27 Novgmbar 20241
(Appointsd 25 September 2024)
Trustees are elected by a vr)te by member8 al Ihp AGM or al any time the boar<1 arg able to app)Int mgmbèrs to
bg¢om8 a Trustee.
2024 $¥w board
down",
role with GCDA and
fter a short perio
for their r￿n￿"butIOnS dunng their bme the board.
This year saw the appointmènt of new tthrd members￿whO both bring experfgnc9
and significant knoW￿dge of Gknb8rf$ comnunty and ¢at¢hment.
has been appointed as w¢¢-¢h8ir of the board.
8fter yoars as acting treasurer to tBke up an Execulrvè
of time due lo olher cornmftm8nts. Thg board th￿ked both
Hwng boan a board memb¢r for several year5.

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Admlnlstratlve Arrang•m•nts
GCDA'S adminiJtralive functions were supported by a deduled part
'rne team, ensuring the efficient
management of ts operation$ ond comrnunty initiatives. Tho key adrnini$lraliva personnel for 2024 we￿.
Stratogic Dovolopm8nt Mana
Admlnlstratlve Support-
FinanGg and Communica
ion>
Proj•¢t D•v8lopment Managpr:
er..
arsa
A signffjcanl organi88tional development In 2024 was th8 appolntment of
mm Inno¥ats
Rural as Project Developrnent Manager.
xpeitise will be instmmenl
In a
vancing t
ommumlty Hub
proleet and Village Enhan¢•ment Plan. ensunng 8tru¢tur8d projed ddivèry and ￿MMunity engagèmènt. Har
conlributirTrns will provide a much-nefrded strategic focus to key initiatives, and her leaOeTship In c￿nsUlta￿On and
p￿￿ning has been gr9ady welcfjmed by both the Board and the widtrr ¢ommunity.
in his role as Flnance and Cgmmunlcatlonj Manag•v, plAyed a key part in Ihg finana
manage
GCDA, ensuring robust overÉight of budgeting. lunding 8llocations, and financial sustainabilty. In
addition,
ed the HoLTr8ehold Improv9mgnt Programme, as well as I8￿ng responsibility foi Dvets8¢ing
communica
ons, ensurlng that updal•s on GCDA'S work werè èffectively di5seminaled Ihmugh both ctigital And
Irddilional channeLs.
The Ex•¢utlv• Team played a ¢ru¢ial role in project Than8g8ment, financial overslght, and mgmber engagement,
supporting the implementatlon ol the GCDAS fivo-ygar strategic plan. Their work has ensured the smooth execution
ol proigcts and effeGtwe collaborat￿n with fundirng partnars and regulatory bodiej.
Audltor
Iliam Duncan + Co (Audill Lld wore appointed as auditor to th8 charity and a r•golution proposing that they be re.
appointed was agreed at a General Meeting.
E8¢h of the trusleeg has confitmed that the￿ is no Infomiation of which they are awar8 which is rel&vanl lo the
audS1, bul of whlch the 8udttor Is unawar8. They have further coThfimied that they have taken appropriate 31eps to
identify such relevant information and lo estsblish that th8 audilor is aware of suth infomiats'on.
Trustee

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
STATEMENT OF TRUSTEE'S RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
The truste89 of G￿nbarr Community Developrn8nt A5SOCiation a￿ responsible for prepairng the Trustee's Report
and the ffinanc131 slalemenls in accoidance with applicable law and Untted Kingdom Accounting Standards Iunrted
K1ngdom GeneTaI￿AG¢tpt?d Accounting Practi¢e).
Tho law applicablg to ¢harlties in ScolFand require5 the trustees lo prepare fln8nod statements for each financial
year whlch gSve a true and faiT view of the slate of affairs of Ihe charity and of the incoming ￿$Ou￿5 and
applicats'on Of iesourrks, including the income and expenditure, of th? the charty for that year.
In preparing thèse financial stat8m8nis, the trustees are requlred lo..
s¢lecl suitable accounting polici98 and then apply them conslstenuy..
observe the methods arml princi&4es in the Charllles SORP,.
- m•ke judgemerts and 88timateg tho1 are reasonat4$ 8nd prudanl"
slatè wh8th8r applicable UK Accounting Stsndards have L￿en followed. subject lo any material departutes
disd05ed arnd expiainpd in the financk21 slalements., and
prepare the financial s14temgnts on th8 golng rx)neem basls un185s il is in8ppropriate to presurne that the charlty
will continue in operation.
The Iru$l0$$ ore responsiblè for keeping adequate ac¢ounling rocords that di5clos9 with reasonable accuracy at
any lime the fjnancial position of the charity and enable th8m to ènsurè thal the financial statements comply with the
Chariti8s and Trustee Invgstrnenl (Scotlandl Ad 2005 and Ihe Charities Accounls IS¢ollandl Regulations 2006 las
amended). They are al80 responsible for safeguarding the assets of the ¢harity and hence for taking reasonabl
steps for the prevenlKin and detection of fraud and other irrggularrties.
The Injslees ar8 responsible for the malnlenance and inlegTity of the charity and financial infomution included on
the charitys website. Legislation in the United lQngdorn governing thtr prèparation and dissemination of financial
stalernellts may dffier from legislation in olhgr jurlsdlctions

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
Opinion
We have audited the finanrAal Statements of Glenbarr Cornrnunity Dev¥lopmenl Association Oht 'tharitll for the
year ended 31 December 2024 which compri$e the statement of finan¢ial o¢bvitios, the bala￿ sheat. tho
statement ol cash flows and ntxes lo the ffnancial statgmgnis, includiny significant attounting policies. The financial
reporting framework th81 has been applied in Iheir prèparation is applicable law and United Kingdom Accounting
Standards, including FinancAal Rep￿Ing Standard 102 Thg Financigl Re￿rtIng Standarcl appliGoblo in IlJe UK and
RepubliG of lffjl&nd Iunited Kingdom GeneraMyActepted Accounting Practice).
In our opinion, the financial stat•menls'.
give a true and fair view of the slatè of tha charity's affair8 a5 at 31 Deoember 2024 and of its in￿ming
resource6 ar5d application of resources, including its incorne and expenditurt. for the year then ended,.
have been propèdy prepared in accordan¢e with United Kingdom Generally A￿pIed Afyxunth"ng Prartice-
and
have been prePa￿d in accord8n¢e wth the rèquirements of the Cmanlies and Trustee Investment (Scollandl
Act 2C(15 and Tegulalion 8 of Ihe chant￿sA¢¢0unts IS¢otland) Regulations 2006 las amendedl.
Basls for oplnlon
We conduct&d our audrt in a(zordan¢e with Inlemalional Standard3 on Auditing (UKI (ISAS IUIQI and applicable
law. Our responsibililes under Ihoye strndards are further described in the Auditorfs respon&biliti•s for the audit or
tljo financi81 ststements secb'on of our r¥port. We are independent of the chsrty in octnrdanee with the ethical
requirem8nt5 that ara relevant to our audll ol the finanoal statements In th8 UK, including the FRC'S Ethical
Standard. and we have fUlfil￿d our other ethical respon$bilities in accordance with these requirement8. We believe
that the audit evidence we have obtained is sufficient and appropriote to provide a ba818 for wr opin*)n.
ConcluJlon$ Yolatlng to golng concern
In auditing the financial stalemenls, we haw conduded that thÈ trusteg's U50 of the 90iro con￿rn ba515 of
accounting in the proparation ol the financial staternenls is appropriate.
Based on the work we have porform8d. we have not identified any material uncertainties relating to $v•nts or
oonditions that. indimdually or collectively, may c35t 519nific2nt doubl on the charity's ability to conb.nue as A going
¢oncèm for a period of at leaBt Iwefv8 month5 from when the finanrial statements are 8￿h0n￿od ts issuè.
Our responsibilit￿$ and the responsibili￿¢$ of lh& Iruslees wf(h respe￿ lo going con¢em wè described in the
relevant sections of this raport.
Oth•r Infornmtion
The other inforrnation ¢omprises the illforrnation in¢luded in th• trustegs. annu81 re[￿)rt other than the Ilnanaal
$lalem¢nts and our audilorfs ￿Port thereon. The trustees are responsible for the other information contained within
the annual report. Our opinion on the finanoal 5talernenls does not cover the other infomialion and we do not
express any form of assurance ¢ondusion thereon. Our re8pon$ibility is lo read the other information and, in doing
so, considor whether th8 other infoTmalioTr 1$ materialty inconystent with the finanaal 51alements or our knowledge
obtained in thè cours8 of the audit. or othenvise app8ars to be materially misstated. If we idenlfy SUGh rnaterial
Inconsistencies Dr app8renl material mi551aternenls, we are required to determine whether this gives I￿e to a
rnaterial rnisstslerrEnt in the finana81 51alemerts themselves. 11, based on the work wo havp perform•d, we
nclude Ihatthere is a mat•rf81 misstatament of this oth&r infonnation, we are Tequred to report Ih¥l tsct.
We have nothlng lo report in thi5 regard.

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF GLENBARR COMMUNrrYDEVELOPMENT ASSOCIATION
Plattor9 on whlch wa arn r8qulrod to réport by exception
In the light of Ihg kno%￿edge and und8rsianding of the ¢hatfjty and Ils 8nvlronment obtskned Ihe course of the
audit we have not Idenllfl8d material mi5Sta¢ements in the Iruslee8' reM)rt.
We have noihing to report in respect of the followng matter3 in relation lo which the Chari1198 (Acoounts and
Reports) Regulation8 an(J Ihg Charitie$Accounts IS¢olland) Regulat*)ns 20￿ (as amgnded) T8quires us to repjrt to
you rf, in our opinion..
the inform8t￿n grven in th8 )Inandal slatemgnts is inconslstenl In any rnaterfal respèct with the trustee's
r9PQrt', or
adequate and proper acwunling records have not been kopl. or relums adequate for our audit have not been
re￿iVed from bran¢h¥$ not visiled by us.. or
tho financial 5tatttments are not in agreomonl wbth the accounting re¢¢rds and relurn5- or
e havè not rO￿l¥ed all th8 infomi8tion and explanations we réqui￿ for our audit.
Rgspon¥lbllltles of tru•tse¥
As explained rnore fully in Ihe Sialemenl of Iruslee'$ re$ponsibilities, the trustees ar9 rgsponsibltr for tho praparation
of the finaneial slalèmenls and for b￿ng satisfjed that they give a true and fair view, and for such inlemal wntrol a$
the trustèes d818rmine is n¢¢ess8ry to enable th8 preparatlon of financial 5talemen15 that are free Irom material
isslatemenl. whglher due to fraud or error. In preparing the finanThal stalemenls. the tru$lees are responsi￿e for
assessin9 the charity's ability to continue as a going concem, dis¢1osing, as app&cable. matters relatsd to going
concern and using thè going con￿rn basis of a¢￿UntIng unlèss the trustees gither intend lo cease operallon5, or
hava no realistic attewnalive bul lo do so.
Auditorf8 responsibilities for the audlt of th• ftnanclal statem•nts
Vve have be￿ appointed as auditor under section 144 of the Charities Act 2011 and (eport In accordan￿ with the
Act alld relevant regulats'ons rnade or havlng effect thereunder.
Our objectwes are lo obtsin roa$onable assurancg about whothar the financial statamènts as a whole arè free from
mat9rial misstatern8nl, whèther duo to fraud or ermr. and to ISSU8 an audilors r8port that indudes our opinion.
Reasonable assuranc8 Is a high level of assurance but is not a guaiarnlee that an au¢Jit (ondu¢ted in accordanca
wilh ISAS {UK) will 4h¥ays delect a material misstslemenl when rfl exists. Mi5ststemenl8 ¢an arise from fraud or
error and are considerèd material rf. individualty or in tho aggregate, they o)ukl reasonably bo expècted to influence
tha aconomic d￿ls1On$ ol user5 takgn on the basis of these finanaal stslemenls,
The extent to which our procedures are c4pable of dole¢ting irregulaii*es, includiig fraud. is datailed below.
Enqviry ol thos8 charged governanc8 and the entiWs sollcrtors around actual and Wenbal litigation
and claims.,
Performing audii work over the risk of management override of controls. including testing of journal onlrig5
8nd olhtrr adjustments for appropriateness, èvaluating the bu$inèss rationa￿ of signifiranl transactions
outside the norm81 course of activities an¢J reviewing accounting estimates for bias.,
R8vlewing finan￿al stalerllenl disclosure5 and lesling lo supporting dctumentstion to assess ¢omplian¢e
with applicable law3 and ￿9￿latiOns,. and
Reviwing board minutes for ony indication of related paty dedaralions. dlscussions on any potential
litigation, daims and non-compliance with laws and regulalons.
Because of the inherent limitations of an audi( thore Is a risk that we will not d¢tgCt all iTh8gularities, Includlng th058
leading lo a material misstalgmant in Ihe financial statem8nts or nonoompliance wilh regulation. Thls risk
Increasès th8 moré that ￿mplianCe wilh a law or regulation is removed frDm the evenl$ and transaclion5 refflected
In the financial statements, a3 we will be less likety lo becorne aware of insiarte$ of non-¢ompliance. The risk is
also greater regarding irregularities 0￿rring due to fraud rathar ihan ovror, as fraud invdvos ntenlional
<)ncaalrnent, forgery, collusion, Dmi$$ion or misrepresentation.

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
A knrthèr descripb.on of our respon5ibilil*8 is available on the Financial Reporting Council's web511e at.. http8".11
vMw.frG.org.ukJaudilorsresponsibililie5. This descyiplion fomis part ol ouraudrtorfs reporL
U59 of our report
This report is made solely lo the charity's trustees, as a body, In accordance with Part 4 of the char￿e3 {Accounls
and Reports) Regulation5 2008. 1)Jr audit work has been undertaken so that we rnighl $tslè to the tharity's trustees
thos? matters we are required lo $1g1e to thern in an auditor's report and IOT no other purpose. To the fullest exient
perniitted by law, we do not accept or assume re5ponsibilfty lo anyone other than th8 charity and the charlty,
s a bocly, for our audit work, foT this report OT for the oDinion5 we hav¢ forn￿d.
for and on behalf uf William Duncan * Co (Audit) Ltd
Chartered A¢countants
Statutory Audltor
Ell8rsl8y Hou8e
30 Miller Road
Ayr
Ayrshire
KA7 2AY
William thjncan + Co (Audf() Ltd is eligitAe for appointment as audllor of the charity by virtue of its eligib¢lity for
8ppolntrngnt as auditor of a Cornpany under section 1212 of the Companies Act 2c￿.
10-

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unr¢fjtrict•d Unrestrl¢t•d
fund•
fund8
ggn•ral Deslgnatsd
2024
2024
Tot*1 Unr•$trlet•d Ufflr•6trictsd
fund•
fund$
g•neral D061gnat¢d
2023
2023
Totsl
2024
2023
Notss
Income from..
Donations and legacies
Investments
so0,￿0
35.795
50D,000
35,795
575,000
13,413
575,000
13.413
T¢tsl Incorno
535.795
535,795
588.413
588,413
Expenditur• on..
Charitable a¢livities
107,469
107,469
47.079
11,643
58,722
Total •xpendlture
107.489
107,469
47,07g
11,643
58.722
Net Incom?
428,326
428,326
541.334
(11.6431
529,691
Tran$fers between
fund$
21.434
(21,4341
13.383
113.3831
N•t mov•mgnt
nds
449.760
121.434)
428,326
554.717
125,0261
529,691
R•con¢lllatfjon of funds:
Fund balanc8s at 1 January
2024
610.778
21.434
632.212
58.081
46,460
102,521
Fund balanco9 It 31
Dg¢omber 2024
1.060.538
I,C60,538
610,778
21,434
632.212
The Slalernent of financial actNf(io$ includes all gain& and10$$g$ rgcognised in the year. All incomo and 8xp8ndrturè
derive from ¢onlinuing activities.
11

GLEN8ARR COMMUNITY DEVELOPMENT ASSOCIATION
BALANCE SHEEr
AS AT31 DECEMBER 2024
2024
2D23
Flx•d a#Mts
Tangble a88ets
Heritage a88ets
11
12
23,252
1,013
23.352
1.013
Curr•nt assots
r*btors
Cash al bank In hand
13
17J52
1.035.188
8,972
639,560
1.052.$40
648,532
Crndltorn: f•llinu due frathkn
y•ar
14
(15,354)
(17,333)
N•t currnnt aJ•ets
1.037.186
631,199
Tc&l ass•ts loss currontll•blllll•s
1.060.538
632.212
Thg fvnds oftho charity
Unre8tricte(l fvnd8- gen8rn1
Unrestrided furKI8- D￿gnated
1,￿0,538
610,778
21,434
I.￿0.538
632.212
TNstee
C(#npany rn9Sstration SC048909
12-

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Not•S
Ca*h flo￿ from opgrating gctlvltl
Cash generatèd from operati¢Jns
19
391.010
530,849
InvÈstlng activities
Purchase of tangible fixed assels
Purchase of hwltage assets
Investment in(x)me rgcoi¥od
122,5221
(iooi
27.240
(1.2661
5,641
Not ¢48h generated Irom InV￿lIng a¢Jvltles
4.618
4.375
N•t cash generated IbYJm flnanclng •¢tlvltles
Npt increa80 In cash and ca*h equlvalents
395.628
535.224
Cash and ￿$h equivalents 01 beginnlng of year
639,560
104,336
Cash anrl cash oqulvalents at end of ￿ar
1,035.188
639.560

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng poll¢l•s
Charfty 5nfomytlon
Glenbarr Community Devetoptnenl Associati
Number SC048909. The r8gistered olfi¢e Trs
an'sallon
1.1 A¢¢ountlng convention
The financial Statements have been prepared in ac¢ordanc¢ wrth the charity's Conslltution dated 13
D$¢8mb¢r 2018. the Charitie8 Trustee Investrnent (s￿t13nd) Act 2005, the Charilps Accounts (Sco￿and)
Règulations 20C6 las amendedl, FRS 102 °Th8 Financial Reporting Standard applicable in the UK ond
Republic of Ir@land° C'FRS 102.1 and the Charities SORP 'Accounling and Reporiing by Charities.. Slalemenl
of RecomTnended Pra¢bce applicable to charthes proparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" 1offèct5￿ 1 January 2019). The
¢h8rity is a Public Bgn*fil Entity as definad by FRS 102.
The financial slatamants aro propared in $lerling. which is the fun¢tional currarq of the tJ)arty. Monetary
amoun15 in th8se financDI stal8ments are rounded to the ngarest £.
1.2 Golng concern
Al Ihe time of approving the finanryal slalgmonts, the trusleg$ have a reasonab18 expectation that the charity
h¥s adequate resources lo continue In operational existence lor thè foreseeable future. Thus thg trustees
continue lo adopt the going concern basis of a¢¢ounling ￿ preparin9 the fillancial statements.
1.3 Charftablè funds
Unrestricted funds ar6 avaiL8W for usa at thg discretion of th8 trustoos in furthgrsnce of Ih8ir charitable
objtr¢tiV8S.
D8$ignated funds are unre$trthd fuThJs which the Tru$te8$ h8V8 Set aside for particular future projgct c
rnmilment. Dasignated furid5 do not glve rlse lo a legal TestrictK)n on Ihe Trustees. discretion on h¢)w lo
appty unfestriGled funds.
Restricted funLls ar¥ $ubiect lo specific conditions by donor5 or grantors a¥ to how thay may be used. The
purposes and uses of the rgstricted funds are set out In tho nolas to the financial sl*emerls.
1.4 Income
Income IJ recognised when the chaiity i¥ leg•lty entitled lo il after any p¥rformgnco cond￿'0n5 havg boen mel.
the arnounl8 Can bg measured reliably. and it 1$ probable that ineomÈ wlll bè r8c8lvad.
Cash donation8 ar8 raco9ni5od on receipt. Olhgr donations are recogniged oncg Iha chanty has been notified
of the donation, unless p9rforrnance c4Jndllions requlre defgrral of the amount. I￿￿me tax Tecoverable in
rgla11c￿ to donations reG8ived under GiftAid or deeds of covenant is recognised at tho time of the donation.
LegacAes are recognisod on receipt or otherwise rf the thartty has been notified of an imp6nding distribution,
the amount 18 known, and rgceipt is expected. If tha amounl is not known, thè 18gacy is treated as a
contlngant a5581.
14-

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollclÈs
Icontinuedl
1.6 Exp•nditure
Expèndilure is recognisècl On￿ there is a lègal or ¢xJnstructive obligation to Ir8nsf8r economlc beneffl lo a
third party, il is probaLle that a transfer ol economlc benefits wlll b8 required settlement, and the amount of
the obligab.on can be measured ￿l&atty-
Expenthture is da$$ffièd by ath'vity. The costs of each acbvity are made up of th9 total ol direct LX)sls and
¥haTed costs, indudbng support wsts invofved in undertaking each activity. Direci ¢osts attributable lo a single
acty.vity are dlocated directty to that actiVTty. Shared costs which contribute lo Tnoro than one actiwty and
support costs which are not attribulablo lo a single adiwty arè apportioned btheen those act￿llieS on a bay's
C4)n$istènt with th8 use of fftSOur￿. Central staff ￿$ts are allocated on the basis of ts.me spent, arid
depr8dalon charges are allocated on the porth)n of the assefs use.
1.1 Tangible ffixed assets
Tangible fixed a$s8ts are initialty measured at cost and subsequer￿Y measured at CQ8t oi valuali)n, net of
depreciation and any impairment1033es.
DeprecAation 15 recognised so as to write off the (y)st or Ydlualion of •ssets le85 their residual v•lu$s over their
seful INe3 on the folt)wing bases..
Freehold land and buildings
Plant and equipmonl
20% reduang balance
The gain or loss arising on the disposal of ¥n asset 19 detarmintrd as thg difforonce bglweon the Sale pmceods
and tho carrying value of the asset, and 15 recognised in the sl¥lemènt of flnandal acti￿114es.
1.7 Herltag• ass•ts
Herilage assets are initially meaSU￿d at cost and subBequentty measured at C05t or valugth)n, n9t of
depreCIat￿n and any impBirm8nt losses.
Depr8ciation is recogni5ed SD as to write off the cost or valuation ol assets le$$ thair resithal values over their
usèlul INes on the following b4SIS.'
Heritage asset
No depreaalion ¢haYged
1.8 Impaimi?nt of fixed assets
Al each reporting end dale, the Chariiy reviews the carrying arnwnts of ts tsngible assets to determne
whether the￿ 1$ any indication that those assets havg SUffe￿d an impairment lo$$. If any sl￿ indicat¥Jn
gxists, the rècoverablg amounl ol th& assat is estimatod in order to detsmiine the extent of the impaiment
105s (if any).
1.9 Cagh and cagh •quÉvalents
Cash and cash equivalents Include cash In hand. deposits hglt1 at call with banks, tst￿r shcrt4erm liquid
investments with original rnaturitie5 of Ihr*e rnonlhs Of less, and bank ov¢rdrafts. Bank overdraft¥ are shown
thin borrowings in ¢urrent liabilrtie5.
15-

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng policios
(Contrnued}
1.10 Flnanclal In¥trnm•nts
Th6 chanty has elected lo apply the prow510nS ol Section 11 'Basic Financlal Instsumgnls, and Secllon 12
'Other Flnandal Instruments Issues, of FRS 102 to all of 11$ financial inslrurnenl5.
FinanrAal in5tiumenl¥ are re¢ogni¥ed in the tharWs balancè sheet whon the Charity bettmes paty to the
contractual promsions of the inslrumenl.
Finanaal ass&ts and liabilities are off¥el, with thè net amounts presented in the finan￿41 statements, when
there is a legally gnfor¢8able right lo set off the rècognised amounts and there 1$ an intsnth)n to s8lUe on a not
basis ￿ lo ￿411$& the asset and sethe the liability 81multanoou￿y.
8asi¢ fiTn•nclal assots
Basic fsnancial 35sels, wh￿h indude debtors and cash and bank balan08s, are inilialy measured at
transactSon prlce induding transaction costs and are subsequenlty carried at am0￿"$$d ¢ost using the effective
intsTest method unless the arrangement constitutes a financAng transaction, wh¢ro thè transaction is
measured al the prgsent valuo of the futur• receipts discounted at a maFk8t rate of interest. Financial asset5
dassifi8d as receiv•ble within one year ar8 not amortised.
8asi¢ financlal Ilabllltlos
Basic financial IiabilitE5, indudlng uedilors 8n(I bank loans are inhlally recognlsgd al tran5adon price unlE55
the airangemenl constitutes a financing transaction, where the debt instrument i% measured al the present
value of Ihg futu￿ payments discounled al a market rate of interest. FiThanrAal liabililios d8ssrf1gd a$ payable
within one year arè rtot amortised.
Debt instruments are sub$e(ww)lty carr*d al arnorti5ed cost, using the &ffe¢tive interest rate method.
Trsdè creditors ar8 obligation5 to pay br goods or sarvic85 that have boon acqulrgd in the ordinary Course of
operations from suppliers. Amount5 payab￿ are dassmed as current liabilitie5 if payment 1$ du8 Wlthin one
year or le55. If not, Ihoy ar& presented as norKurrent liabilities. Trade creditor8 are re¢ognised initidty at
tran8action pric8 and subsequently measured al amorti$ed ¢ost using the effectrve interest method.
Der¢¢ognltlon of financlalll•blllllès
Financial liabilities are derecDgnisod whon the charitys Contractual obllgaUons expir8 or are discharged or
cancelled.
1.11 Employog benofits
The cost of any unused hollday entillemonl Is r8¢ognis8d in lh8 period In whith the employee's S0￿C&S are
celvel.
Termination benefft8 are recogni￿d immedialety as an 6XPgn89 wh9n 1ho charity 1$ demon￿lSbIy eommittgd
to temiinats the empfoyment of an employea or to prowde ￿lMInatIOn bgTreffils.
Criticil •¢¢ounllng gstlmates and judgements
In the application of the charws xrA)unting tM)licies, the t￿ste8$ are required to make judgernent8. e5ImatB$
and assumptions about the Latrying amount of assets and liabilities that ar& wt rtadily apparent from other
$ourc&$. The estimate8 and as80¢ialed assumptions are based on hisl¢Yi¢al axp&rience and other factors that
arg rx)nsidar8d lo bg rglevanl. Actual results may drffèr from these es1imale5.
The estimates a￿1 underfying assurytions are re¥Sswed on an ongoing ba8is. R¥M$ions to accounting
estirnates are recognised in the pervjd in which the e¥limal& is revised wher8 the rethsion aff￿t$ only that
p6riod, or in thé pèriod of the rewsion and future periols wherè the rewsion affects both ￿rrent and fLrtLJre
pèriods.
16-

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from donatlon$ and légacles
Unrestrlcted
funds
2024
Unrostrlcted
funds
2023
Donation$ And gffts
5(N).000
575,000
In¢omo from investrnffits
ilnrestrFctsd Unrg¥tri¢tsd
funds
fund$
2024
2023
Interest receivabl8
35,795
13,413
Exp•ndlture on charitabl• actlvltles
Homo
Regilliance
Annual Community Communlty Community
Evèntb
Gretsna
Hub
Grnnts
Woodland
2024
Total
2024
2024
2024
2024
2024
DIM¢t eosts
Project axpenses
Food purch•$e$
Venuè Costs
Professional fees
1,301
817
140
33,925
81Y
140
7,165
3,861
3,304
2,258
36,425
3.364
42,047
Grant funding of activities
15ee note 61
710
5,710
Shar• of¥upport and governanc• Goits l*ee nol¢ 7)
Support
5,499
8,707
G$￿ernanCe
6,150
8,707
6.150
18.349
8,150
41,262
18,450
10,499
17,115
51,282
27,863
710
107,469
Anawls by fund
Unrèstricted funds-
general
10.499
17,116
51,282
27.863
710
107,469
10,499
17,115
51,282
27.863
710
107,469
17-

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR ThIE YEAR ENDED 31 DECEMBER 2024
Expendltuft on charft•ble actlvttles
(Continuedl
Previou8 yoar.
HomoHerliage and
ReBillance
War
Memorial
2023
Annual GombNnlty Gommunhty Gommunlty
Ev•nts
Gro￿ &
Hub
Grants
Woodland
2023
Total
2123
2023
2023
2023
2023
OirKt co•t•
Project expenses
Enlertainrnent co¥t
Food purchases
Development Manager
AdminislratNe support
Wsbsrte Nnning costs
200
361
561
360
1.596
1,596
$60
7,810
2,016
560
4.000
3.810
2,016
4.560
2.216
3.810
361
12.903
Grant fvndirtg of ad1V￿oS Isee nole 81
6,383
15.983
Sharo af8upport and gov•rnane• Costs {sw not• 7)
Support
Governanctr
3,820
2,147
3.820
2,147
3.820
2,147
3,821
2,147
3,821
2.146
19,102
10,734
20,127
8.183
7.923
9,778
S.328
6,383
58,722
Anatysis by fund
unrestrict￿ funds- gongral
Unr¢stri¢tèd funds- Dasignatad
11,627
8.500
S,040
3,143
7.923
9,778
6,328
8,383
47.079
11,643
20,127
8,183
7.923
9.778
6,328
6,383
S8.722
18-

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Grants5 payabl•
Hom• Comrnunity
Rg8llltrnc•
Grants
2024
2024
Total
Home Commltnty
2024 Resilierte
Grants
2023
2023
Total
2023
Grants lo institutions11 granlsl..
Grants lo institutlons..
Mid Kintyie and Gigha
Church of Scotland
Glenbaii Prirnary School
GlenbatT War Momorial
6.000
383
6,000
3B3
491
491
491
491
6.383
6,3B3
Grants lo individuals151
granlsl
5,CKIO
219
5.219
9,600
5,000
710
5,710
9.600
6,383
15,983
During Ihe ygar 50 grants of £100 gach wer9 paid lo individual householders Within the catchment area of the
Trust as a re5FK)nsÈ of tha withdrawal of the Winter Fu81 Allowance by the UK government. This wa8 bas8d
upon uptake of the gr8nl awarded in 2023 to tackle the impad of high energy prices.
On? fvrthar grant of£219 w8S P31d to an indiwdual in Inè the grant funding criteria sd out by the chanty.
19-

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR ThIE YEAR ENDED 31 DECEMBER 2024
Support ¢08ts allocated to •etlvltles
2024
2023
Depwiation
gank charges
Website and onlin• contènt
Subsuiplons
Insurance
Hall hire
Admin and offico
Con$ullancy lees
Mark8tin9
Govemance LX)Sts
283
52
1.761
970
1.072
620
2,132
33,892
480
18.450
253
37
927
277
461
780
547
15,820
10.734
59,712
29.836
Analysad bètween:
Home Re￿Ilian
H8rilage and War M8moTi?I
Annu81 Events
Community Gregn & Wothllw)d
Community Hub
5.499
5,&37
14,857
14.857
24,499
S,967
5,&88
s,￿7
59.712
29.830
2024
2023
Governance costs c(xMprfB•:
Audit f8es
Accountancy
Legal and professional
10,500
1.932
8.018
9.600
1.134
18,450
10,734
Net movomant In funds
2024
2023
The net movernent in fund318 State(l after GhaTgingl{c¥editingl'.
Fees payable for the audit of the thartl*s flnanGlal slaternents
Depreciation of owned tangible fixad assets
10,500
283
9,600
253
Tru•tse8
None of the trustees lor any per80ns cmntscted wth thernl received any romuneration during thè yèar, bul 2
ol them were r&lmbursed a total of £33912023: 2 wimbursed a total of £1,439> for r8charged oxpense$ for th8
Trust.
Please refer to nole 18 of the accounts ir relath'on to transactions with related partie8.
-20-

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
10 T*x4tlon
The ¢harity is exempl trom tax on In¢om8 8nd gains falling wllhin sethon 505 of the Taxes Act 1988 or secllon
252 of the Tajallon of Chargeable GalnsAct 1992 to the exlenl thal these are applied to ils charitable objects.
11 Tanglbl8 flxed a•sets
Freehold lan
and bulldlng8
PlaNtand
•qulpm•nl
Total
Cost
At 1 January 2024
Additions
1,266
400
1.266
22,522
22,122
At 31 December 2024
22.122
1,666
23,788
D9pro¢iatlon and Imp•lmiènt
At 1 January 2024
Depre¢iation tharged in the year
253
283
253
283
At 31 Decernber 2024
536
536
CarryiThJ amount
At 31 Do¢embar 2024
22.122
1,130
23.252
At 31 December 2023
1,013
1,013
12 Horltag9 assgts
Historlc•l
book
At 1 January 2024
Purchases
At 31 D¢¢ombgr 2024
100
21

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Herltsge assgts
Icontlnuedl
During the ya¥r a historical book- the Glen¢r8ggan book- was bought by the Charity and held as a Heritage
asset in the accounts. Although Ihe cost of Ihe book wa5 not material Ihe Trustees believe owing lo Ihg rarity
of Ihe book on the history of Glenbarr Ihal Ihi5 asset should b2 capitalised and be p￿served by the Charity for
futu￿ generations.
In terms ofthp polw for the preservauon, managem8nl, and disposal of tha Glencreggan booK The Trusleo$
ol GCDA fflaintains thè following approaGh:
Tho book 15 Securely stored aThJ access Is reslricled. As it is noi on publlc dlsplay. vigwing could be
Pgrmitted onty by piksr arrangement and typically Dnly under th8 supervision of a Tru5te8 or an
aulhori$ed individual.
While Trustees do not maintain a formal register beyond tho cnginal ledger entry. they have
supporting wd&nce of purchase via sellei communication.
The book Is not Intended for Tegular public aC￿sS and is ￿e$e￿ed in a manner that rninimi5e8
handling and environmsgntal exposure.
The Trustees havg elected to ¢onlinue CArrying tho assèt al co81 (£100), as thls refflects the orfglnal
transactlon and avol(l$ the admlnlstrative and finanaal bur(kn of adopting a rwalualion pclicy which would
not be proportionate at thi$ stsge.
13 D•btor*
2024
2023
Amounts fallng due withln one y¢ar:
other debtors
PrepayM￿ts and acGnJed income
16,327
1,025
7,772
1,200
17.352
8,972
14 CTrditorg.' amounts falling dy• wlthln one yvthr
2024
2023
Trade rAeditor8
A¢¢wals and deferred Incorne
1.534
13.820
5,338
11,995
15,354
17,333

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
16 Unro*trl¢tsd fund• . Dgslgnatsd
These are unreslrthd fvnds which are material lo Ihe charity's activ￿￿5.
At l January
2024
R•$our¢os
•xpende
Tranifern
At31
Dg¢ember
2024
Heritage and War Memorial
Websile
Home R8slience
1,377
3.057
17,L¥JO
11,3771
13.057)
117.OC(11
21.434
(21.4341
Pr•vious year:
At 1 January
2023
Resourc08
gxpgnd•d
Tr*n8f•Y•
At31
Docombor
2023
Heritage 8nd War Memor5al
Vvebsite
Hom8 Reglience
L8gacy funds
1,577
6.000
25.500
13,383
(200)
(2,9431
18,5001
1,377
3.057
17.000
113,3831
46.460
(11,643>
113,3831
21,434
16 Unrestrictsd fvnds
Thè unreslricted fund5 of the tharNy comprise thè unexpended balanGes of donations and grants whth are
not subjeGI to 3pe¢ific conditions by donors and 9rantor5 a3 to h¢w they may be used. The¥e gxdudg
degignated fvnds which have been $et a$id& out of unresthcaed funds by th9 tnJstO85 for spe¢th¢ purposes,
details of which ¢8n b8 found al Note 15_
At 1 Jinuary
2024
Incomlng
rnsourres
Rgsour¢è9
exp8nd•d
Transfer*
At31
D•cember
21124
General funds
610,778
535,795
1107,469)
21,434
1,￿0.538
Prnvioua year.
At1 Jonuary
2023
Ineomlng
r•$ourc•s
Resour¢¥8
•XPgnd•d
Tr•n8f•M
At31
Dgcomb8r
2023
General funds
56,061
588.413
147,079)
13.383
610.778
Transfers of £21,43412023'. £13,383} from Designated Funds to General funds represent8 the TevetBal by Ihg
boaTd of the planned 10% of annual income to b& set aside for legacy projgcts.

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
17 Ana￿•1• of not •$Mts b•tw••n fund$
Unrn$trfet•d Unrestrlctsd
funds
fund¥
9gn8ral Dè8iunatsd
2024
2024
Total
2024
At 31 D•¢•mb•r 2024:
Tangibl& 8$Sats
Heritagg assets
Cur16nt asselsl(liabililieBI
23,252
100
T,￿37,186
23,252
1LIO
1.037,186
I,(￿0.538
1.060,538
Vnv•$trleted UnMtrict•d
fvndg
fund8
goneral Oeslgnatsd
2023
2023
Total
2023
At 31 D•¢omb•r 2023:
Tangl￿+ assets
Curr&nt asselsl{liabililies1
1,013
&J9,765
1,013
631.199
21.434
610,778
21.434
632,212
18 Relatod paity tr4n•action•
Transaction¥ with ro14tsd partl•g
During Ihg year the chariiy onlered into th• following transactiDns with related parties..
Seven current and formor trus168s werè in receipt of the Wint8r Fuel gr8nl £7(KI {2023'. 8 tIV3tees in receipt of
cost of living grants totalling £1.6001 due to them all being members of the bcal community and w[￿In the
calthment area for the grants.
On& trustee of Gk￿nba￿ Community Developrn8nl Assoc4atlDn
Energy Limited who donated £51X),00012023- £575,000) to the Gnaiiiy}.
was also a director of Fyne
During the year
Wa￿ paid lo
he had stood
ments totalling £6,615 along with a balanc£ of £1,120 owTng as at 31 Decèrnber 2024
form8r Iru$lee of the charity, for consuttancy servieAs prDwd8d to Ihe charity once
own as
24-

GLENBARR COMMUNITY DEVELOPMENT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEhlBER 2024
19 Cash gon•Trtod fmm operatlon5
2024
2023
S￿￿lus for the year
428,326
529.691
Adjustmgnts for.
Inve51menl incomè TecA)gnised in Statement of finanaal acti¥itie8
Depr￿￿atIon and impainnenl of tangible fjxed a5S9Is
135.795)
283
(13.413)
253
Mov•mgnts In worklng ¢apltsl:
Decreasellincrèas81 in debtors
IDecreaseifin¢rea$e in ueditor5
175
11.9791
(676)
14,994
Cash gener•t8d from operatlons
391,010
530,849
20 Analy$h of ¢hango$ In netfund•
The chanty had no material debt durtng the year.
-25-