2024-12-31-accounts - West Linton Village Centre Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

APPENDIX 1

Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period
	Period start date				Period end date
	Day	Month	Year		Day	Month	Year
From				To
	01	01	2024		31	12	2024

Office of the Scottish Charity Regulator

Reference and administration details

Charity name WEST LINTON VILLAGE CENTRE TRUST Other names charity is known by Registered charity number SC 048916

Charity’s principal address VILLAGE CENTRE RAEMARTIN SQUARE WEST LINTON PEEBLESSHIRE Postcode EH46 7EA

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

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


		CHAIRPERSON		WLVCT MEMBERS AGM

		SECRETARY		WLVCT MEMBERS AGM
		TREASURER		WLVCT MEMBERS AGM
		TRUSTEE		WLVCT MEMBERS AGM
		TRUSTEE		WLVCT MEMBERS AGM
		TRUSTEE	26/02/24-31/12/24	WLVCT MEMBERS AGM
		TRUSTEE	01/01/24-26/02/24	WLVCT MEMBERS AGM

APPENDIX 1

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	Name	Dates acted if not for whole year
		01/02/24-26/02/24






Structure, governance and management
Type of governing document Trustee recruitment and appointment

	CONSTITUTION OF WEST LINTON VILLAGE CENTRE TRUST (111 CLAUSES, AS PER OSCR CONSTITUTION TEMPLATE)

	WLVCT HAS A MEMBERSHIP MAILING LIST OF APPROX 100 LOCAL PEOPLE, ALL OF WHOM ARE INVITED TO ATTEND THE AGM IN PERSON / ONLINE, WHEREUPON TRUSTEES ARE ELECTED (WLVCT CONSTITUTION CLAUSE 60 - AT EACH AGM, ALL OF THE CHARITY TRUSTEES ELECTED/APPOINTED UNDER CLAUSES 58 AND 59 SHALL RETIRE FROM OFFICE – BUT SHALL BE ELIGIBLE FOR RE-ELECTION UNDER CLAUSE 58)

Objectives and activities
Charitable purposes Summary of the main activities in relation to these objects

	THE ORGANISATION (WLVCT) HAS BEEN FORMED TO BENEFIT THE COMMUNITY OF WEST LINTON AS DEFINED BY THE WEST LINTON COMMUNITY COUNCIL BOUNDARY (“THE COMMUNITY”) WITH THE PURPOSE LISTED IN THE SUB CLAUSES HERETO (“THE PURPOSE”) NAMELY:- THE PROVISION OF THE WEST LINTON VILLAGE CENTRE AS A CENTRE FOR RECREATIONAL FACILITIES OR ACTIVITIES, TO IMPROVE THE CONDITIONS OF LIFE FOR THE COMMUNITY.
	1) 2024 WAS WLVCT 2ND YEAR SINCE COVID WHEN WE WERE ABLE TO OPERATE FULLY 7
	DAYS PER WEEK FROM JANUARY 2024 AND MAKE OUR MAIN ROOM & KITCHEN FACILITIES AVAILABLE EVERYDAY FOR COMMUNITY GROUP MEETINGS, RECREATIONAL ACTIVITIES, POP UP SHOPS AND FUNDRAISING EVENTS 2) HAVING INSTALLED A NEW KITCHEN, BETTER INSULATION AND A REFURBISHED TOILET IN THE PREVIOUS 2 YEARS WITH £4500 OF DONATIONS & GRANTS AND A FURTHER £3500 OF WLVCT FUNDS, WE SUBSTANTIALLY INCREASED BOTH ROOMS USAGE & INCOME AGAIN. 3) OUR MAIN OPERATING COSTS WERE ELECTRICITY (£1432), WASTE WATER & SEWAGE PIPE REPAIRS (£1039), ROOF & GABLE END WALL REPAIRS (£840), WEEKLY VC CLEANING FEES (£755) AND NEW EXTERNAL VC SIGNAGE (£715).

APPENDIX 1 Achievements and performance

Summary of the main achievements of 1) WLVCT GREW ITS NUMBER, DIVERSITY & REGULARITY OF NOT the charity during the financial period FOR PROFIT LOCAL COMMUNITY GROUPS AND OCCASIONAL POP UP SHOP / EXHIBITION HIRERS SIGNIFICANTLY AGAIN IN 2024. THIS RERESENTS +50 DIFFERENT HIRERS, WITH THE VC BUSY MOST DAYS, HELPING TO ACHIEVE ANOTHER ANNUAL ROOM HIRES RECORD INCOME OF £7228. (ACTIVITIES INCLUDE A HUGE RANGE OF COMMUNITY GROUP MEETINGS, YOGA CLASSES, MUSIC SESSIONS, SPANISH LESSONS, CITIZENS ADVICE SERVICES, LUNCH CLUBS AND POP UP FRUIT & VEG SHOP) 2) AS A RESULT OF SO MANY DIFFERENT COMMUNITY GROUPS USING THE VC AND OUR HEALTHY TRADING BALANCE, THE TRUSTEES SIGNED A COMMUNITY ASSET TRANSFER FROM SCOTTISH BORDERS COUNCIL IN APRIL 2024 (WHO OWN THE VC BUILDING) WITH WLVCT LEASING, BEING RESPONSIBILE FOR AND OPERATING WL VC FOR THE NEXT 10 YEARS @ £1 PA RENT. 3) AGAIN AS A RESULT OF RECORD ROOM HIRES IN 2023/24, WLVCT TRUSTEES WERE ABLE TO PLAN, ORGANISE & PAY FOR WL VC IMPROVEMENTS SUCH AS DRAINAGE REPAIRS, ROOF & GABLE END WALL REPAIRS AND NEW EXTERNAL SIGNAGE FROM WLVCT BANK ACCOUNT FUNDS IN 2024. ALL OF WHICH MEANT THAT WLVCT ENDED A VERY SUCCESSFUL YEAR, WITH £9000 IN OUR TWO BANK ACCOUNTS AND A TRADING SURPLUS OF £1421 (including £98 of Interest).

Financial review Brief statement of the charity’s policy AS WLVCT’S ONLY ASSETS ARE OUR RBS BANK FUNDS, WE HAVE TRIED TO on reserves BUILD UP A HEALTHY ONGOING BALANCE OF +£5000 (TO MITIGATE FOR ANY FUTURE DISRUPTIONS LIKE COVID WHICH MEANT THE VC COULDN'T OPERATE / EARN ANY INCOME, ESPECIALLY AS WLVCT FINALISED A COMMUNITY ASSET TRANSFER IN 2024 FOR A 10 YEAR LEASE OF THE VC FROM SCOTTISH BORDERS COUNCIL). ALTHOUGH WE HAVE ONLY HAD 4 NORMAL TRADING YEARS SINCE INCEPTION DUE TO COVID, THROUGH THE HARD WORK OF OUR VOLUNTEER TRUSTEES, WE HAVE IMPROVED THE VC’S FABRIC & FACILITIES, RESULTING IN MUCH HIGHER USAGE BUT WE RECOGNISE THE NEED TO MAINTAIN RESERVES FOR ALL EVENTUALITIES. Details of any deficit NOT APPLICABLE AS WLVCT ENDED 2024 WITH A TOTAL FREE ASSETS BALANCE OF £9000 Donated facilities and services (if any) NOT APPLICABLE AS ALL WLVCT TRUSTEES ARE UNPAID VOLUNTEERS WHO GIVE THEIR TIME & EFFORTS FOR FREE

APPENDIX 1 Other optional information Declaration The trustees declare that they have approved the truslees, report above. Signed on behalf of the charity's ttee9 Signaturels} OSCR will accept dlgltal or typed slgnatures Full namel51 Position {e.g. Chair) CHAIRPERSON TREASURER Date 0710812025 0710812025

Enter SC No. below

Enter charity name below West Linton VC Trust

SC 048916

	West Linton VC Trust	West Linton VC Trust	West Linton VC Trust	West Linton VC Trust	West Linton VC Trust	West Linton VC Trust	West Linton VC Trust	West Linton VC Trust			SC 048916

	Receipts andpayments accounts
	For the period from	Period sta		rt date			Period		end date
		Day	Month		Year	to	Day	Mon	th	Year 2024
		01	01		2024		31	12

Section A Statement of receipts and payments
A1 Receipts	Unrestricted funds to nearest £ - - - - - - 155 407 80 7228 98 3545 2301 361 210 130 7968 7968 6547 6547	Restricted funds to nearest £		Expendable endowment funds to nearest £ - - - - - -			Permanent endowment funds to nearest £		Total funds current period to nearest £		Total funds last period to nearest £
Donations							-		- 155		37
Legacies									-
Grants									- 407		0
Receipts from fundraisingactivities									- 80		139
Gross tradingreceipts									- 7228		6261
Income from investments other than land and buildings									- 98		0
Rents from land & buildings									-
Gross receipts from other charitable activities									-
		-							-
*A1 Sub total*				-					- 7968		- 6437
A2 Receipts from asset & investment sales							-
Proceeds from sale of fixed assets									-
Proceeds from sale of investments		-							-
*A2 Sub total*				-					-		-
*Total receipts* A3 Payments		-					-
				-					- 7968		- 6437

Expenses for fundraising activities									- 3545		2072
Gross trading payments									- 2301		3508
Investment management costs									-
Payments relating directly to charitable activities									- 361		533
Grants and donations									-
Governance costs:									-
Audit / independent examination									-
Preparation of annual accounts									-
Legal costs									- 210		0
Other									- 130		127
									-
*A3 Sub total*		-		-			-		- 6547		- 6240
A4 Payments relating to asset and investment movements
Purchases of fixed assets									-
Purchase of investments									-
*A4 Sub total*		-		-			-		-		-
*Total payments* *Net receipts / (payments)* A5 Transfers to / (from) funds *Surplus / (deficit) for year*
		-		-			-		- 6547		- 6240

	- 1421	-		-			-		- 1421		- 197

									-
	- 1421			-
		-		-			-		- 1421		- 197

APPENDIX 2

SC 048916

Section B Statement of balances

Details	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 £
Cash and bank balances at start of year	7579 1421				- 7579	7382
Surplus / (deficit) shown on receipts and payments account					- 1421	197
					-
					-
Cash and bank balances at end of year (Agree balances with receipts and payments account(s)) Details	- 9000	-	-	-	- 9000	- 7579
	-	-	- Fund to which	- asset belongs	- 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 liability relates	-	-	-
					Amount due to nearest £	Last year to nearest £





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



Signature*			Total Print Name		-	-
						Date of approval
						070825
						070825

Please note - OSCR will accept digital or typed signatures

2013-04-02 Copy of Trustees AR Ap2 excel.xls / Statement of balances

December 2007

APPENDIX 2

SC 048916

Section C Notes to the Accounts

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

Type of activity or project supported	Number of grants made £	Number of grants made £





	Total	-

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)
Authority under which paid		£

C4a Trustee expenses If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b) C4b Trustee expenses - details

C5 Transactions with trustees and connected persons C4b Trustee expenses - details		Nature of transaction	Number of trustees £	Number of trustees £





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

C6 Other information

2013-04-02 Copy of Trustees AR Ap2 excel.xls / Notes

December 2007

SC 048916 Additional analysis111 An31ys1s Inll paJTh•nts 1 Donatsor r¥slE eslf IKJ 2Gr*)ts IVIULI IfL T I I vvur%rKanur J Gross re¢dpts other chara EsIE ov 7308 4 Pa re4ung +Jire¢llyto ¢hamaweaaMUts •>ny4T•s¢£ 56

APPENDIX 2

SC 048916

Additional analysis (2)

5 Breakdown of unrestricted funds

5 Breakdown of unrestricted funds
Receipts	Unrestricted fund 1 - enter name of fund below	Unrestricted fund 2 - enter name of fund below	Unrestricted fund 3 - enter name of fund below	Unrestricted fund 4 - enter name of fund below	Total unrestricted funds	Total unrestricted funds last period
Donations					-
Legacies					-
Grants					-
Receipts from fundraisingactivities					-
Gross tradingreceipts					-
buildings					-
Rents from land & buildings					-
Gross receipts from other charitable activities					-
*Sub total* Receipts from asset & investment sales	-	-	-	-	-	-
					-
Proceeds from sale of fixed assets					-
Proceeds from sale of investments					-
*Sub total* *Total receipts* Payments	-	-	-	-	-	-
	-	-	-	-	-	-
					-
Expenses for fundraisingactivities					-
Gross trading payments					-
Investment management costs					-
Payments relatingdirectlyto charitable activities					-
Grants and donations					-
Governance costs:					-
Audit / independent examination					-
Preparation of annual accounts					-
Legal costs					-
					-
					-
*Sub total* Payments relating to asset and investment movements	-	-	-	-	-	-
					-
Purchases of fixed assets					-
Purchase of investments					-
*Sub total* *Total payments* *Net receipts / (payments)* Transfers to / (from) funds *Surplus / (deficit) for year*	-	-	-	-	-	-
					-
	-	-	-	-	-	-
					-
	-	-	-	-	-	-

					-

	-	-	-	-	-	-
					-
Nature and purpose of funds

2013-04-02 Copy of Trustees AR Ap2 excel.xlsAdditional notes (2)

December 2007

APPENDIX 2

SC 048916

Additional analysis (3)

Receipts 6 Breakdown of restricted funds	Restricted fund 1 - enter name of fund below	Restricted fund 2 - enter name of fund below	Restricted fund 3 - enter name of fund below	Restricted fund 4 - enter name of fund below	Total restricted funds	Total restricted funds last period
Donations					-
Legacies					-
Grants					-
Receipts from fundraisingactivities					-
Gross tradingreceipts					-
Income from investments other than land and buildings					-
Rents from land & buildings					-
Gross receipts from other charitable activities					-
*Sub total* Receipts from asset & investment sales	-	-	-	-	-	-
					-
Proceeds from sale of fixed assets					-
Proceeds from sale of investments					-
*Sub total* *Total receipts* Payments	-	-	-	-	-	-
	-	-	-	-	-	-
					-
Expenses for fundraising activities					-
Gross trading payments					-
Investment management costs					-
Payments relating directly to charitable activities					-
Grants and donations					-
Governance costs:					-
Audit / independent examination					-
Preparation of annual accounts					-
Legal costs					-
					-
					-
*Sub total* Payments relating to asset and investment movements	-	-	-	-	-	-
					-
Purchases of fixed assets					-
Purchase of investments					-
*Sub total* *Total payments* *Net receipts / (payments)* Transfers to / (from) funds *Surplus / (deficit) for year*	-	-	-	-	-	-
					-
	-	-	-	-	-	-
					-
	-	-	-	-	-	-

					-

	-	-	-	-	-	-
					-
Nature and purpose of funds

2013-04-02 Copy of Trustees AR Ap2 excel.xlsAdditional notes (3)

December 2007

APPENDIX 3

Independent examiner’s report on the accounts V2	Independent examiner’s report on the accounts V2	Independent examiner’s report on the accounts V2	Independent examiner’s report on the accounts V2	Independent examiner’s report on the accounts V2	Independent examiner’s report on the accounts V2	Independent examiner’s report on the accounts V2
Charity name West Linton Village Centre Trust
SC 048916
Period start date				Period end date
Day	Month	Year		Day	Month	Year
01	01	2024	to	31	12	2024
Section A R&P; Section B Bal; Additional Analysis 1					(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 (as amended). 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 2006 Accounts Regulations. 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 viewgiven bythe accounts.
In the course of my examination, no matter has come to my attention [other than that disclosed on the attached page*] 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.

*Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the following page.

**OSCR will accept digital or typed signatures.

APPENDIX 3 Disclosure section Only complete rf the examiner needs to highlvJht material problems. Give here brief details of any items that the examiner wishes to disclose