REGISTERED CHARITY NUMBER: SC049066 RE RT FTHETR TF.E Henry Brown & Co Chartued Accountsnts & Registe1 Auditor5 26 Port10nd Road Kiltnorno¢k Ayrshire KA12EIJ
DEI'ELOPNIF.YT TRU&[ COY'I'LI IIE FI,NAY TENIEYTS FOR THE y&A_R ENI DED JI TrlbR_¢H ?iI?S Pa8e Reporl of the Truses Report of the Ind¢p¢nd¢Thl Audl¢ors IU 10 13 Stotement of FlnntlAI Adli4ileJ 14 B#lnie Shttl Is Cish Flom" èitltonient 16 Yot¢s to th¢ CAskn Plow Stgtcment 17 ole4 t(J tho FlnnclAI Stalcmcnts 18 I 27 D¢talled Siatemenl of FlnAMclAI A¢ili-Itl ?8 Ith 29
TAKE A BOW DEVELOPMENT TRUST REPORT OF THE TRUSTEE The inJ%tees present their report wilh the financial siatemenis of ihe charity for the yew ended 31 March 2025. Th¢ Irustees have 0pled the proi'isions of Accounting and RetM)rtill8 by Ch8rities.' StateTnent of Rec(Knmended Ptactice applicabl¥ to ck3rities preparing their aOUrtts in aordae with ihe Financial Reporti Standard applicable in the UK and Republic of Irelond (FRS IU2> (¢ffc¢iive l January 2U19). OWECTlv AiYD AcfiviTIES ObJeetlvL¥ *nd alms TtK orBanisalion's purpose. os se¢ oul in ow cons1itulii)n, 15 the r¢liefof need throush: Thc ¥dvaDc¢mcnt of Ihc thicalion of yoiing pcople by Pfovidin8 OPPOrnllliti¢s to rehearse and wforni in high quality produclions, learning the vary)us aspeds ofihe Iheulre; Thc advgnc¢in¢nl of ihe aTls f4)r young people by introducing thern to all &51Cts of the art% and musical theaire and the adviinc¢ment of the enjoymcnl of the arts to the community by fostering musical IhcatTe in all its Jsp¢cts and providing public p¢rfomianccs: The ydvHIemc1 of community developm¢nl by supportin¥ oiher cornmunity bBsed organi5olion5 in rqjonse io ILKal needs. inspiring residents and young people in the ¢ornmunity which will help to advoncc hcalih, wcll_bein6', employabilily. aspiraiion and con)munily cohesion: - The provision of a nli1-fUnCtIOnal ctynmunity f1]ity with the objccl of improvinu the coNlit1021y of life for people in the communiry: To advance such similar puryx), pronN)le, esthblisl), opcrale anivor support 01.[¥ in #nd develop ony oiher projecls, initi¥tiVCS 4Jr 8Ctivilic% for the bL'ncfil of the Lommiinity the TrU¥lL may COTL8ider appropriate. Iii tsking forward our work, we operale Is the main "Comniunily Anchor Organisoiion. in the Ncw P•nD Loch area of Kilmarnock and manage artd run Ihe local commurtity facility as * "Loeal Comrnunity Hub" In terr$ of specific arlivilic5 and wviccs, our wurk is focusycd around 1hr priority as follows: - Youth Dcvelopmcnl Pro8Tomme - Communily Devcli)pmLni PToBrnrnmc - Enterprise & Ernploymeni DevelowKnt Prr)gr8mme VolMnleeri The organisatioh is supported by a tram of volun¢eets wts) art reeruited from Ik local ¢ommunity and help ihe OTganisation deliver lis activiiies. The organis81ion has a Volunieer Policy in place and is commiiied io cL4uring, thal it 1% gble t() deliver J posilivc volunlccr exrienCe for local 0p1¢, Tr OT¥3nis8lion currently ha¥ 14 Voluntee who play in active p in thc development and operation of the centre. The orgnni&ilion 15 extremely graleful to Ihe team of voliiiiieer5 for the commiimeni and support to th¢ work of Ihe Charity ar the impuct thiy 1.% Ihllving in ihL' cunimunity. Pfi8e I
TAKE , l.'F.l. P.VIEYT TRU.ST (ISTEE RF.PORT (JF THE_T5 IIE YEIIR E:ND_ED 311.IARQH 2025 ACHIEI'EIENTS AYD PEKFOR,NIAYC K¢% a¢hi¢vemcnls and performanee pcriod ?4,.?5 has been knih excilin8 and chall81118 foi the or8Alli5ation i¥iih work progressirts during ihis lime on the re.dc%tlopmenl of the (urnier NeKI. Trarni Loch Coinmunity Ccntrc at A cost of circa £2.7in bolluil Ing work io seeLir¢ Ihe fiiiiding paeka¥c, iiork 51hiTrd Lm ihe re-developii)eni of ihe Cenire on Ihe 2•iid FebNary 2024. ThL rc.dcvcl071i1i[ IOrk has en progrcsscd Dvcr ihL. fulluii'ing singes: Ph0 l Febniury 2024 fo May ?024. Tl)is phosc of tlie ivork will iiivol¥'c ihe cre4hiion of ihe neil. car park: inicrnal tripping OLli work., excavaiion of foLbndulions- and drMina8e i%'o Phase 2 Apnl - DeccinbLY 2024 This phase of the iiork iiill involi e the main rcfurbishmeni pr4)8rainme including n. roof.. ConsinlI0n of ncii. chdnkying area and mwliiig SPIICC, Cxtcrnal claddi518 aiid insLilalion,' Iniernal fiiiing oui. aiid Inslallalion Df iiciv Air Source Heji Pump. Thc i2niicii)aled complelion dale for ihc rcfurbishinent progra)me ivu% initially Ihe 20th Deeeinber 2024. Hoivever, due 10 delays Iii ihe ¢onti'acl programiiie, Ihe fii)ol ¢ompl¢ii011 date ,$ extended lo16ih MRY 2DI5. In addition ro the delay oil ihc complcli()n dutc, WL. hDie also had io deul 'iih uii¥ving issues ihroughoui Ihc contract in rclaiinn io cosi vunJiioiis. This has had to be deali wilh Ihrou¥h 01)&ioing pro41n1n¢ of valiic L'ngiii¢enn8 aiid al.40 IhruiiLph ¥XLiinrt¥ addiiional fundink frvni th¢ Scouibh LiOi'¢nimcni EiCGF. rjespiic ihc dclay rcgarding ihe compleiion date, we •r(' cxciied ab11 ihe pmspeci of moving back iiilo Iho r¢furbishLid 'entre and arL' louking fonvard to rL-huildiThgJ our ivuth Ind aciii'iry 1% iiliin ihe Iociil cL>mmLiniiy. Optr*lional Attlvlti. In p&rallel i4.ith ihc %iiTr)iindins thc acqiiisiliuii diid rL-dc%'L.lopinL'iit of Ihc ccii(rc, IYL. hu%.¢ albo ld to d¢al wilh Ihc c1]ull1&' lif irying lo Iiwiiiiain our S¢bliCO 41nJ iiiiii illC% %i.liilc osy-rJiints frr)m oiir lil'o dccaiil I'enlles. This lias bec P41nicularly ditriLiili diic 10 ihL delay iii thL Colliplilioii uf Ili¢ I'efiirbi%liineni iipork. u,hit11 hThs iiKai)I Ihiil wc hol'c kcn fully decaiiied Iroin lh¢ ¢eiiire for nethTly I g monih.s. Thc tw'o dccant I'L'niics huvL' IllLluiicd the folloiving.. Kirkslylc SLhool Agitciiiciit li'$ rc4ch¢d il'ith L.asi Ayrshire Loiiiicil for use of spaee within ihc fomier Kirksrylc ..1]L1. I loiv¢i'¢r. dlle io Sinc.(10ns in ihe iix. of tlic huildiii&. lILLL'% is liiniied (o cveiiings aThJ weekends. Kirkstylc Schwl h¥LS i17 used 10 delik'er OIIT P¢rfonhili% An4 Pft)LirammL', Cliildrcn's Parlics.. arid &oiiic oihLT IILtivitiLS. ForniL'r Kilinlinivck tJi)ii,lin& Club . AIToii¥Lin¢i)ts ii'eir nilldc tu Icu5e ihe fon)ier Kilniarnock Bowling Cliib %iiu8icd pl Ihc rcol. of tht Kay Park Church on Londun Road. Thi% biiildinkj hus bLYn u%L'd lo (Illii'cr our C()Tnmunily Pro¥ramin¢ and Youih Prvbirammc Despite rhc chall¢nBe SUTrounding hai ing 10 weraie from hi'o dccanl ienucs oul-m'ith nur local CLNnmuiiiiy. Ive are pleased to rert ihai i%'L havc bccn able io li11)117 and dei'elop a wide rangie of 5UPPOrt (ur lucBI people. A %uinn?ary ol. Ihe progress and kcy achicvemcnl% duringi ihe IDst year are a5 follow%: .Yumber Of L¢ts DocAnt V¢nu¢s (Isi Aprll 24- 31st Ilareh 25 Area Muin Holl Loull¥¥ I Nvinber of Hours 938.75 472 TOTAL Number of Hours bookcd Louiige . Gym Hall Room I Rooni .3 ??6.5 503.5 855.?5 4216.5 YumbEr of Attendan¢e5
TAKE A BOW DEVELOPMEIYT I'RUST REPORT OF THE TRUSTEE OR THE YEAR ENDEDLI ARCH 2 Throtsghout 2024-2025 we recorded 37.126 attendance5 to ow decanl venue5 - Acilvlty Dellvered ThToughwl this fincl91 year we delivered a rnnge of activities includin8: - Groups for Older People intILlAs L¥e, Ilistory. Bridge ond Exercise Cl&sses. - Groupy for Babics and Infanis.. Jiggy Wriggler - A Range Df Conferences dnd Mertin85. Filiicss Cla&8¢s such as Zumba & Fit Si¢ps, Take A Bow Development TN51 also orsanised and ran the ftillowin8'. . PerloTmin¥ Arts Cl&ws - F)4¢ Fil & Boolcamp scssK)ns - Take A Boi Tots Take h Bow Blrthday Partks FunclloDs Evenli Lunch CM 79 49 - Perfornlng Arts ProKrnmme No of CIA¥¥es o of Mtmbe Workshops Attendance at WorkJhDPS 15 per week 196 Iodayg 476 ClASS Dellvered Show5 Atten41*nee At 8howi 585 10 2501 - CDmmunlty Developnwnt PrrJirAinni¢ Cornrnunily Evenls Held Holid•y Programmes 156 Sessions 5495 altend8nces 77 Sessions 1177 attendances 980 allcndanccs Take A Flow TS Lunch Club Stren8thenlng th¢ Communlty Programme unded by Ihe Scottish Governmenl Sirengthening Communities Prograrnme, our Community Developmcnl Ccjwordinaior has tskeji forwurd our CO(1]u7]ity Develupiiicnt PT(Igrllllune. Community Support A1Vill¢s 3 aciivilies 446 Fople aw¢ssin8 th¢ a¢tiviti¢s 4 partnership pYo8rammes 93 people dccessin8 the pm8rammes 6 evenls 2177 peoplc accessing these events Partnership Progrnmmes Community Events Youth DevelopmeAt Programme Funded Ihiou¥h the Scottish Ciovelnmvnt's Investiiig In Communities ptogrumme. Youih Development Coordinator commenced her rL)le in Augu 2023, dSSiSted by twu Youth Development Assislants. Page 3
AKE A BOIV DEV TII F. TRUSTELS Our Uplift Plus ai)d our Uplifr Sch(y)Is Prograininc aim io protwie ihe SId1 and personal de%"elopincnl 4)f young pcople, gaining life ¢¥[rience. biiildinB confmltncc. wilh a f(xus on challenging pcrsonal bdrriels alLin¥ ihc ivay and eTrpoi%cring young p¢ople to hai'e their ioicLs hcard Elnd wclcomc iiciv Lhallenges. 199 Sessions280 young pcople acLessing Iliese sessioiib 41 Tst¢r Sc&%iiJiis Youth Aciii'iry ProLvruminL'% T&sier S¢ssiMs FIYAYCIAL KEI'IF.M' Finan¢i¥l positlo Despite the challenges Jswciatcd ii'iih haNing to operaie froiM dccant venues for an exieiidcd peri dM¢ Ihc dLlay Iii th¢ coinpl¢iion of (hc rcfuTbithmciii work oil Ili¢ CLntTC. i¥c Iirc pliiisrd lo report ilial Ihc charity made an iinrcsiriclcd siirplus of £3.11115 Ihc fiiiancial r1<xl to 31 st March ?U?5. '1"his smtyliis ib Ill b¢ addc(I ta 0r n.1n¢1cd rebcrvcs and will bc LIS io siipwrf ihc &1511011 as ,¢ seek lo rcbuild OLir uLlii'iiy and sm'iccs ¥vh¢n y'¢ nwve back inio thc refurb15hcd cciilrc. PriaLiplll fumdine soure¢s The priiiciple fuii(Iitig 4)urce% of ihe Lhanly for the IrId iiiidLY re4.jew is as lollows.. CienL7rl IKOML, . W¢ ¢urrtnily ¥eliera income ihrough a ran8¢ of aclii'itlL'5 illLliiding fccs (nim our perfonnii)g arts proLyrdinmc, hdll lels,, childwn'$ partici,: li¢kcl %Jl¢s for our p¢rfoniiances. Fundraising and Donaiions Alongside OLir incoinc elleratIon aLlivily. ii'c also rai%c inL'I)IIN' tliroligli our fui)(Inisin8 l)CliI'lty a1 doiiaiions. This lunding 1% used 10 SLlPPOrt ¢)ur core cosii and th¢ delii'ery of a Nngye of sen iccq fnT Iocdl pLpIc. Gnni Support We hJvL b¢Ln %CessfUl iii securing gTUIII SllPPOrt Ihrou811 ilic Scor(i5h (io%emmeni SirL'ngilKnin Coiiiii)111)iiic& Programiiie (for ihc delivery ol L)ur Cuminvnily r)cvcliipiiiciil Wuikl Jnd tlic In%cstiii¥ In Coininuniiics Pro&ii"aininL Ilur th¢ dcliiriy of Yoiiih D¢Nelowii¢ni Work). Wc haNc filso bccn suc¢cs%ful in %cL'iiring sn)all %culL IL*vcnuc grani fiinding to 511PPI)rt ihc dL'lii'L'ry of oiir ilCtii'itlL% Thi% hi inLliI(IL fuiidiiiB from Last Ayr%hirc Einploy<ibility Panncrship io dcliicr cinployiibilily suppon for y(Wlik PLiipIL, WL iil%i) ITCCii'LMI fuildi8 IIDln Tl)¢ Ltery Fund io %uppoff tlie Il¢livery ITrfTakL A Buil in Ihc Park. ItefuloiNhinLni Pro¥r,iiiiii)e Wc IiaiL bcLYb %IILLL%%fiil iii %eLiinng liinding iu Nupport the aequi%iiion arnl rcfiirbi4hincnt or Ilit ¢tnlrc, Tl)1s ii)tliides fuMlin&i from Scollisli l_nn(I P"uiid.. SLUl1i%li Gui"eniii)eni Rc&vciicr&iiun Cthpiial (rrani Fiind: ScL)itish Goi'eniineni CARF.S Tr iiNJ: UK Goii(brniii¢iii Loiiiiiiuniiy Uii'ner%hip F"und. F.a%i Ayrshirc Kenew'ic blc .fterY Flind: Jiid Easi A JT4hirc Placc Ildscd Initr•linciJl Prn)gromii)c. WL hili%' alw b¢¢n siiccLssfLII in (lInn fundin& froin 'S'he Loltcry Fund io lielp il'ith furiiiitsi'e diid liiiin&s ii'iiliin Ihc cciiirL'. Ini'estmont poll¢!' and ibbJtctli'es ThL. Tr41%1eLS htsi'L ilie i)ow'cr io iii%r%i uny funds M'hich are not Imincdiailly reqiiiicd flir aclivilics ufihe or8unisalion in su¢h iiii'¢ilineDI Inlly bc cunsidei'ed oppropiialc Ai Ihc presenl liint, lh¢ org411iisaiion docs not hrf)Id any qiich ini'L'slmciitS LltIIcT Ihan io place a l¢i'cl ofex151in¥ r¢sir¢c% in a fiilly acLc%4iblc %•i'in¥s c1)ll1)t. Reseri'es polici The TruMees hai'c con5idcrcd and JL?reL&d seiiin¥ a Iclryct Iclrl of rc%cn'c% rqiiii'alcnl to ihrcc Inonths cvrc nmnii)g Co$ for Ihc otbjullisalirpn initially. Wlc rcgthrd the iar8ci lei el of 3 INJnihg operaiing co%is as reali.4tic thid pnxlLllt aiid aiin 10 ii'oyk toi%llrds this iarLicl oivr Ihe fthi. years. Pthge 4
TAKE A BOW DEVELOPMEJYT I'RUST REPORT OF THE TRUSTEE FUTURE fLAIYS We are extremely excited for 25126 with the anticipated Completion of the refijrbishment scheduled for May 2025. The building has been completely tr8nsf(bmied and will pmvide a motlem, fil for puqjose building, Ihat will allow lo deliv¢r more effectively a range ofservices for the local community In temis o(Ihe key prioritie5 for the fonhcoming year these are as follows: MoYlnE Our Servlees Batk Into Thc Refurblshed Ctntre compl¢tion of th¢ £2.7m r¢fvrbishm¢nl of our ntr¢ is du¢ to lak¢ pla¢¢ on the 16th MAY 2025. Despite ihe ¢halknge$ Ih•i wc h?v¢ f¥ccd during the ¢on$inKtion works. the refurbished buildin8 will rovide with a modem fil for purpose facility that IlU&s.. - New exlcnsion thal will act as a changing spxe for our perforniing arts progranmne. and will a150 act as a mulii-pu4>(Jse sp4cc for oihcr Klivilic5. - Fully ttp8rnded audilorium wlih a new raked 5e4ling syslcm that will allow us tt) knsl a v8ri¢ty of tIVitY al wfutmBnccs in this space. A range of energy etricieKy tntosures includin8 insiallaiion of a new air source heal pump system,. new insulation thrnughout the biiilding; tynd ncw LF.D lighiin8 system. Thesc mc8swcs Wbll m#ke building more xusiAinable and &lso contriiwte towards reducin£ our Cilrbon emissions. New roofing liy%lcm and ihc creation Df new Co1()nnle lo the fTonl (If the buildiiig. Creation uf a new pilzza lo the froni o( the iwiidin¥ that will provide an llractive ou¢d)r space IhAI can IK uxd for a variety ofpuose5. - New car park the &r of the buildin8 and improved access. ollowins ihe compleiion of ihe building works on ihe 16th May 2025, our 8iin is lo decant all of OUT services ba¢k In the building UVLT the weekC[ uf 17ilJll 8ih May and dicn rcopcn to the public on Munday 19th MAY 2025. Onee we hdve moved bdck into ihe tlIdin& OUT aim will be re-build our acliviiies ond usa8e of ihc focility. We ttcognise Ihwt il will ljke lime lo the rlI11Y fiilly ul111d bill Our Jim is lo uadu8lly r¢-build activity &nd usB8c durinbp 25126. Th1% will incIJe.. - On8oin8 dcv¢lopmcnl of our Pcrforn)in8 Progrnmme and king ablc to usc our UPBrnded fxility lo thiirt Ind develop a wider range of classes f(w YIng people. - D¢v¢lopiiig uur hall leL% progtwnmc and providin&J ¢01m{)daIlIln fDra widc range ufh¢al WiSa¢ions and a8¢n¢i¢$. - Develuping and extelin¥ uur children's birth(LJy tmrty packag& Developing tlie use ofihe space for funclioiis and coiiferences. rjuring 25120 wc also aim hokl an official opening Ceremony th81 will fyllow us to showc&$e the refurbished building alon8 wilh hi8hli8h¢in8 ihe th]enl and success ofour young people. Cgmrnunlty D¢v¢lopment Programm¢ In addition to our general WO io m8ximise th¢ uxe of the centre. we will also continue to build on (r Communiry D¢v¢loprnettt adivity over th¢ next year and start work io r¢-buikl our servic¢s in the local community. This work is aimed al r¢spvThJing to I81 nccds and and ¢reAling opportunilic¥ for lu¢al pcople lo irtume involved. We ar¢ dclighicd that we have secured a l year extension lo the Supporting Communities Progrnmme Ihat provi&s the funding to wnlinue our work during 20251YJ26. Youth DevelopmtDt Progr*mme Page 5
TAK
VEL
P.%IEIIT
REP
RT OFTHE TRUSTF.F.S
FORIIIL Y.EBII L.YDEP 31
2025
As Part of our 'ork for The forthcoinmg ycar. we are looking w expand fiinh¢r i)ur youih de¥elopinent pro¥r&iimc. 'fhis
progrnnmc has mad¢ a significant iinpacl since it established and we are lookin¥ to txpand thi% ivork furthcr and extend
Ihc rangg of supporf availablc io younu people. Kcy a$et5 of the youth dei'clopiiicnt programme involve engaging iviih
local schools and othcr support as¢iicics deli%cring a range of opportuniiic5 (ur yoiing people. Th¢ kYograi)Inie will
foeug on younLF pcopIL' Ihai llre not engaged a1 arc sirugglin¥ ui $¢hl aiid require addiiional suprt.
STRUCTURE. GOIYER.YAYCE AYD.NIANAGE%IE.YT
Goi'ernlngducumenl
Takc A L4011, Dci'¢lopIiIr is esiablishcd tss a Se()tti%h Chariiable Incorporuicd Organisution ISCIO) 151ratIO1)
number SC049(h86 1l.iih the Oflice of Ihe scolli.sh Ch1( riiy ReIl10r IOSCR). The orwan1til7 il'as fonned on thc ?151
FebniJry 2019 and is gioverned by ils con4ilulion.
M¢ffjl>crsknip
Tlic ii'ork uf Ihc organiwion is priin#rily r(Kiissd on Ward 4 arcu of KilIn8muck including Loch stK¢iliLally
(Thc Coiniiiuiiily). McmbeTship ol'ihe Tr$1 is On io.
Individuals auvL.d 16 or uver are ii)tmbepA uf the Cuininuniiy. or .hO huie initrest in tlie M'ork of Ihc orbiani%iitiun
("Ordiiiary Members"): and
Indii'idii&ls AgLd I(WeetI 12 aiid IS i¥ho ar4% li1¢mr$ of ihe Community ( Juiiioi. Membcrs") {such Mcinbcrs nul bcin¥
eligible io scn'c ai Dircclorll.
. The i))#joriiy of Ordinilry MeInr$ musi always be meinbers ofihe coiiimunity.
The Tnim cuThcnily 80 nr(linary MembL'rs lind 12 Jiinior Mcnikr%.
Recrulimiiil and ai?polnlnient of neil. trustces
'I'h¢ Tnisi ciirr¢iiily lias 9 '1"nisiccs who li'cit iipfA)iiire¢J Iii liiic iviih Ihc rcquireinciils %L'I oui iii ilic CcffisTiiulion. The
Tnisi¢eA u'crc re-&P1ttd Ai ihc A(iM hcl4J (In ?Ir(l Jsiniiilry ?11?.l jii Iir(k'r iu prui'idc u ILI'¢l of Coliiinuily aiid ¢xp¢ri¢ncc
i() Ilic i)rguiii%ulion diiring ihe biiildin¥ ac411isilioii diid r¢-d¢vLloi)iiiii)I prograininc
Iln#tm¢ni #nd 801'erDAnee irrAn%cm¢n
The F4onrd of TnitL lire re.stxJiisiblc fnr ihe OVLNII ¥L)%L'miiii¢e and siraiegic n)&iIiiLIilIl of ihc organisdlion. Thc B(liird
of TThi¢¢S meet on a six-lveekly bnsis.
O%.Lbrn*thce r¢i,l¢M'
I'lic Boar(l ot. TniM¢¢S held a Goi'eman¢e R¢%'ieiv Sesiion on ihe I l ih JanIry 2024 11.ith IhL' Diin uf vICKi,12]g ihc
iJi'L'rnllncc &rruii¥eincnt% lind intifYI11 opponuniiie% 10 41lcn&Jilien Ihe ivork ot the ork•an1liOn.
The k¢y changc's io Ih¢ Goi¢rnnnce arrne1nents i0111r1¢ Ilirough illi% 4c%%ion inLludc(l-.
Appoin¢meni of im'o Vicc C hairf5 10 SilPPOTI tli¢ c.hair and slrcngthen ihc oi'crall ii)anagcm¢iii of ihe organi4aiion.
Appoiniincni of a neu. Twasurei. 1¢) iakc ilie ILad in uier%ceinbP ilic fiiiancial tnuii
IaKEAllQWDEVEwf.ML TEUST REPORT OF THE TRUSTF.F FQ.R T_HE YEAR ENDED 31 IQ15 sTRUUR& COVEILNAYCE AND MANAGEMENT Inductlon and tralnlng of new trustees An induciion progrdmme is provided all new Trustees. In addition, all Trnstees receive an Infom)dtion Pack that ]ludeS copy of the Constitution: Copy ol. OSCR Guidance ot) IIK Role Rcsponsibilili¢5 of a Charity TnAslee,' 13ackground Infomiation on the Organisaiion. Copy of ihe Orls8110n'S CLk of Conduct of Trnslccs. And a Copy of the Oiganisation's Policy on Conflict of INeTeSI. Key rnnnA%ement And st•ff Key management is Ihrou8h th¢ or8onisition's Chi¢f Ex¢¢utiv¢'s. Th¢ joint Icadcrship ten are resFonsible for C•versttin8 the day to day rnanagemeni of the rK8anis&tion and provide detsilcd operaiional reports to the Boanl ofTruslees. Tk or¥ani%atim is a15Q SUPPOrted by ll ieam of full time and part time stsff klong wilh a bank of sessional 5tsff. The or8anisalion ¢ir¢tlY employs 14 staff and15 scssional staff. FinanciMI decitiions arc lakcn by the Bo4rd of Trnslcu on Ihe bgsig uf inforn)alion providcd by Chief ExeLWtive OITicers. Stsff salary scales are reviewed on an annual basis and are benehmarked againsl SCVO sAlary K8lc%. Stsif s&lary Scal ar¢ then u¥rerd b#kd un the or8AniSthtion% Commilmenl io beirtg * Livln8 Wa8e Employer, Consideration of the benchmark infomtiort. and consideraiion of Ihe existin8 fInellI posilim and furtdin¥ l¢vcls for tl)e fortheomin8 year. The or8)nisalion is also committed io being A Fair Work Empkiyer and embraces the Fair Work FTamcwork %ct uut by the Sconish Govcmmenl. R¢lAted PAriles and ¢o.operAtl•n wltts other OryAnlsAtIoMs Non¢ of ihc Tru$t¢¢s rcc¢ivc remunernliDn or oiher bcncfils from their wurk for Ilie CIlly. Any conncction or inieT¢SI between a Tnjstee or Senior Manager and a supplier of goods and serylces Ihe chariry mux be diqclosed io the Board of Trustces in IiiiL' Wlth urBanisulion'li policy on Conflicl uf Inre5t. The Lharity woth$ in ¢los¢ ¢Ovoperalion and partneyship with a range of other lucal Organili0ns lo 5UPPNt thc Ivcul cominunity. Rlsk The tnJ%lecs have * duty lo identify wvicw Ilie risks lo whirli the charity is expused #nd 10 ensure amjropriate eotttrols are in place lo pruvide reasunable assurance ugttinsl fraud and eOr. The Trnses have 8 risk mana8emeni strnte8y in place Ih81 comwises of: - An Annual r¢view of the priKiple risk5 and uncertainties that th¢ ¢harity fxes: - Thc c¥tsblishin¢nl of policics, ¥y¥tctn5 prrKcdurcs to miligatc Ihosc ri¥ky idcnlifjed ift the annual rcvicw. - The implementalion of procedures designed to minimise or manage any p(enliul iLnph¢t on the ¢harity shId Ihoxe risks m&tcrialise. REFERENCE AIYD ADMIIYISTRATIVE DETAILS R¢gi¥l¢rfd Charity numb¢T SC049066 Prloclpal addresi lake A Bow Opportunity Cenlre Frascr Walk Kilmarnock AyrlihirL' KA3 7HP Page 7
W DEVELOPNIE, REP RT OF_THE TRUSTF.F. FQBIUE I'.EAR E,N'QEP)lllLH 2025 Tru4itts Auditrf)r5 Hcniy ljroivn & Co Chanercd AceouniJiii% & Rcgis¢LYed Audilors ?6 Purtlund Road Kllinarnock Ayr%hire KAI ?EEJ EI'EYTS SIYCF. THE OFTIIF. YF.AR Infonn)lioi) rel1118 lo cvcnis since ihe eiid of ihc year is LTjI'en in the note$ ta ihe finanLial si¢11LntS. ITATEIILN'I. OF TRUSTF.F..S' RESPO.NSIBILITIF.S The Iru%iceb reswiisiblc for prepann¥ Ilit Report of tl)e 'l-rn%iccs JNI the finaiicidl Ntatcinciits in accorduncc ivith arlILable1&' an(1 Unilcd Kinbwdoin Accounliny (I,'nilI Kiii¥loin (ienerally Acccpicd A¢¢oLiiiiiiig PruciiLL'). Ch•rity loiv rcqLiifcs ihc iiiisiccs io prcparc liili)IiCliil %lillCIIILllt% r(Ir eiicli finiinciul yc'iir. Uii(Icr that lui%'. Ilio irnst¢¢% 1101¢ clccicd iu pr¢'pnrc tlic fiiiuncidl %lulL'inL'Iiis il) iiccvrdJiic¢ iyiih Uiiil¥d Kingdom Gcncrnlly Ar¢cTrlLxI Accoiii)ling Prd¢t•Le (Uniid Kill¥dli Accounring Silinards lind applicJlJlc l¢li%'l. Llndcr chariry lJiv ihL' InistLes InLl%I ni)i uwri)%'c iliL' linanLiuI biaicineiiis uiiless ihey 11re vii%ficd ihJt they Lvii e u inic lind fair of ihe tt of alfairs of Ihc chxrily Miid of Ihe inLI)Inii)bJ rc41)UIL'CS lind upplIlI01) ol- in¢ludiiig Ihe incLxnc und Lxpendiiur¢. of Tli¢ cliai'ity for Ihai pcriod. Iii prcpciringi tliusc financial 8talciiict114. the ¢lfL' rLqLiircd li) seleci SLiiiablc a(cln11nB Tr)licie8 and then Iipply ihcin CO41S1ClIIly. obs¥nc ihc ii?ethuds und priiiciples ii) thc Lliariiie% SORP.. make jud¥cinLnlx nii(l ¢%limulc% iliul Dre rL'osonable aiid prndciil: siaic i%,h¢ih¢r appliciiblc accvunlin¥ 51iinJards halc bccn (ollviwcd, subjicl lo any Inotcrial departiirc5 discloscd and eAploin¢d iii ilic financial Sluicincnts: prcpth ihc finullciiil siaiciiiciils ON Ihc conccm basls iinlc&s li is in•ppropriaic io PrcWir IhHI thc cliarity Ii'ill coniinuc in iyJsinc%. The Irusiceq are rcspon4iblc for keepiiig proper accountirtg rccoid% li hich dis¢loge ivith nable accu17cy at lliiy linie ihc linaiitial position of ihe ch3rif>' aiid ID cnablL Ihcrn io ensiire ihat tlic fiii¥nci41 SiJi¢lni'nts coiiiply li iih the ChJrilies TN%tLL Ini¥iin¥iit IS¢ollai) Act ?005 4iid Thc L hariiics ALcounl% IScu¢lanJ} Rcguldliuns 2006 #mcndcdl. 'I'hcy are Jlsu reSn1b1c lor .vfcb?u4rdin&¥ ih¥ Jss¢ts of Ihc chui'iry ai)J hciicc foi. taki1)¥ reasonable slep$ lor Ihe prevention and d¢leciioii of fi'aiid aiid oiher irrcgulariiies.
TAKE A W DLVELOVMKN'ri' TOFT FQ&TIIE YEA.R &NDED JI MARCH 202S ApprilWCi4 by iirilrr of Ihc. biiAril (If ini%lLLS ()]] . and signed on its behalf by: P48e 9
REPORT ENDENT A DIT IIF. TRuwfEES OF TAKE A 11011. DEI'ELOPTr1LEIlT Opinion Wc 113¥e audiicd the fin8n¢ial leinentS of Take A Bo%4. Dcvelupnent TtU41 Ithc 'charity'i for rhc year ¢nded 31 March ?025 th,hich coinpnsc iht Siaiemeni of Finan¢ial Acii%'ilic%. the B8ldnc¢ Sh¢et. thc Cath Flow- SthieineAI and nol¢s its ih¢ financial srat¢inents. including 8 Summary. of siwiificani accoLiniing polici¢& The fiiiancial reportin¥ (ramct that has been applicd In their preparntloll 15 applic&blc laiv and United Kinsdoin Accoiinliiig Standards (I'.nircd Kingdom Gencrally Accepied Accoui)thng Praeiieel. In our opinioii. cxccpt for ihe effecis of ihe Ina(Icr thscribcd in Ihe busis foi. qualified opinion seciioii of OLir repon. th¢ fii)4n¢o1 stateiiithits. II'L a Inie Hnd fair ieiv of thc stthic of ihc cliariry's atToirs as at 31 March 20?5 and of its ineoniing rewiirccs and application of resoiirces. for ihc ycar thcn cndcd: - hui'e been properly prepared in accordance lih Uniicd Kingd()m Cienerally Acccplcd Accouniingi Pwtir¢', and have b¢L"n prcpareil In occoidancc N'iih the requircincnls of Ihe Chariii¢S and Tnistcc Ini."esNneni (Scotland) Aci 2005 and R¢8iilaiioTi11 of ihL' Charitieb Accouiils Iscoiland) Rc¥Litsiion$ 20(. Basiy for quaiifd opSnlo 'Ihe accoiinls 10 .11 st March 20?4 noi aiidiicd. We M'crc thcrLforc unable lo satisfy Olirsch'cs Ih•l th¢ Oning LDinpar)li%'Ls arc frcc froin In¢lterial i))iSSlJiciiicrtt. We e(Miducted ¢xif aLidii in accordAncc iviih InlcrnHtiunal SI&TI(lar(Is on Audiliiig IUKI IISAS IUKI) al applicable laii, Our wnsibililies Iiiid¢r Ihose sidndards ure lun11. dosciited in ihe Audilurs rvsponsibiliiics fi)r ihc dLMJil of ilic financiol tkllL'inenls 8eciioi) of our rcp()rt. W¥ Jre ind¢pei)dini ctyf thc chariry In accordance with ihe ethical reqireM¢l]ts Ihat are r¢lci'ani io oui. aiidii of Ihc financial uatcmcnt% in ihc UK, InLlii(I1n thL FRC'S F.Ihiciil SiJnd4ird. iv¢ have fiiifillcd our oihcr ciliical rcspnnsibilities In A¢eordaiic¢ lIh iliese requiremenis. W¢ lIeVe thai ihL' audii Lividenic w¢ liavc ubiuin¢d is 8LiffiLicni and IippnnuIc io rKi)i i(k a bu&1% lor Dur L)pinioth. Conclusions relAtln8 to ffoln8 conr¢r In aiidiiing ihc fin#ncil %liiiiyn¢'nl%. ii'c lini'c concludcd thiii ihL IiustL'c%' of tlic going cuiKcni ba%1% of accDunlinby in Ilic prcpiiraiirm of Ihc Iiiiiinci411 Slaicnicllls 1% iippropri41c. ilJsc(l (In iht ,rk 'C hlli'e pcrfunnc(l. ii'L hii¥iL' not i(kiitifiLMI iiiiy i))uieri411 LinccrtDinri¢s relating io evenls or condilions t11. Iiidii'bduthlly ¢ollectiitly. n)Ily Ca%1 signific.Triil doubt oli ihc churily'% ubilily 10 coiiiinue gJi)ing Loncem for a rKriod or at leA%i r111C n)Dnih% from i%th¢rt tk finattcial %iaiemeNi are ailihorid fur i4$iie. Our Yesponsibililies and tlie rc%ponsibiliiiL'4 uf Ihc Iru$lcis iviili wcspccl to ¢oiicciii urc dc.%cnbcd in ihe rcle¥Yni sectiotts ofihis rcpc¢¢. Oiher InformAtlon Thc tN%lcc% urL rLpunsiblc Ihc oilicr infoniialion, The oili¢r inforni%qrion coinpris¢s Ihe inforn)aiii)n inLlIKlcd iii ilic Arniliiil Kewn. oihcT Ihryi n Ihc financiiil slalcinciils li1 uur Rip)rt of ilic Iiidcpcndcnt Aiidiiors ihercon. Our opinion oli Ilic finuncial stutcillEnls th)es noi coi'cr ihc 0[r information and. cxccpi lo rh¢ cxicnt oih¢nvisc cxpliciily Statcd in oiir rcpon. ii'c (lo iiol CXpsS )Y of asSunc¢ wiirlu%ion thcr¢oii. In tonneclion i%'itli our audii of ihe fiwincial 51thents. otsr responsibiliry is io read the oihcr iiifornidtion ld, in $0. consider ,17clhCr ihc oihcr infunndiiun is 11)#ierially inconsistcnL ¥¥'iih ili¢ liiwncial siatcmiits or oui. kiiowl¢dg7c ubtainLJ in Ihe atsdii or otheThvisc appears io be ii)alcriilly Iiiis5tatcd. If ii'c idenlify such iiutcrial iiic(m%i%lLncies or appai'cni IngienAI i)iis%lalcinci)Is, li'¥ lir¢ required io dcici'iniiic M'hcthcr rliis giv¢s nse to a material misstaieineni iii the finiiM'i41 qiiiciiieiii theniseli'es. Ir. ed on Ili¢ M'ork li'e have rrnnLX1. 4I'e coiicludc Ihut tlicrL' 1% 4 Iniiicriiil iiiissiaiemeiii of iliis oiher iiifuin)uliuii. Ive are required io rcpon ihai fact. We hiiir rtotliinu? In in thi% re¥urd. Pu¥¢ 10
REPQRI QE IHE INDEfENDENT AL'DITOII5 TO TIIE TRUsT.EE TAKE A WW PEVELofMEYT TRIIST Matter8 whKh we are required to r¢port by exeeptio We ha nothing to repon in r¢sp¢ct of th¢ following mat8 where The Charities AccLwnls {Scoil¥ndl Regulations 2(X)6 requires us io report to you if. in our opinion." the inforn)ation given in the Rert of the Trust5 15 inconsis(ent in any Thaterial respeci wilh ihe financial statements; or proper accounting records have not been kept: or Ihc financiai stat¢tnts are iiot in agrcancnt with ihc accowiling records and reM5. or wc h&vc not rcceived all thL' infumiatiun And expLanaiions we require for our &udii. Respon%lbllldes of Iru%lee$ As explained more fully in the Statement OF Trnslees, Resp)nsibililies, Ihe lrnslees 8rc rrsryjnsible for the prep0rn1i of ihe rinancial Staments which give a In ond fair view, and for sueli iiiternal control as the iwstees delerniine is nece5Wy to enable Ihe preparation of financial stslemenls ihai are free from material misslolcmcn4 whdhcrduc lo frnud or error. In prepwing the financial statements. the tsws*es ar¢ r¢swnsible for assessin8 the charitys ability to ¢onlinu¢ as a goins on¢¢m, disclosing. as applibI¢, Matt5 Tclatcd 10 8oins conccrn und using Ihc uoin8 concern b&sis of acciJuntin8 unless the irustees either intend to liquidaie thc charity or cease opcralions or have no rcalis1i¢ altemaiiv¢ bui io do so. P41¢1
REP NDF.PENDEYT AU ITORS THF. TRUSTEE Our responslbllities for th¢ audit of the fThancil siiiements We have been appoinicil 04 audiiors iiiider Se¢lion 44( I Ilcl of Ihc Chatilies and TrIle¢ Ini'cstincnl IS¢oilaiidl Acr ?005 and report in C0[danCe iyiih ih¢ Aci and l¢Vant r¢8ulations mad¢ or hal'ing effecl thcrcuiidcr. Oltr objectives are io obiain rcasliabLe alTn(e &boui ii,heiher Ihc finJnLiuI siaieineiits a& a ivhole are free from malerial m15%1iiiL'intrJii. Ivhether due io fraud or emi.. and io ISSUC d Report uf the lThlependLnt Audilors that inLlud¢s oui, opii?ion. RL8sonable &ssLirance is u high IL>I'el of 16siiraiice. bui 1% nol a guarantee Ihat an audit conducted in yccordanLC iviih ISAS IUKI Ivill always dL'lc(i a maierial inisslalcincnl M,hen il L'xisis. Missta¢15 cun ari%e frIn frniid or error and arc considci'cd Inaicriul if. individuthlly or in Ihc awe8alc. Ihey Could reasonably be eX1¢d in influ¢¢ lh¢ economic dcci%ivn% of U%Lf5 iakLn 011 ilic of lh¥¢ linuniidl Sltsl¥m¢nts. The exienl 1¢) Avhich our proceduws are cawblc of dciccling IrftgLI114 riti¢s. iiicluding frnud is delailcd beloiv= In idenlifying and asscssing risks of malcrial Inisslat¢inLni in rcspccl lo itrc'8ul8rilies. incliiding fraud and nOn-cp1•dC %vith & I¢Ul110n5. consid¢rEd ih¢ folloullng.. -E'nqLlirie$ ¢•f ittanageinenl, including ubtHinin¥ &nd revieiving 8iipw)ning iJocumLnlulion. coiieeming the wlbCiCS and proccdures relaiiiig io.. idenlifyin8. evgluatinu aThl coniplying iviih laivs aNI 8llIatioi1. ,hcih¢r ili¢y iYcr¢ oii'arc of tsi)y inst41n¢cs of non-ccnpliance. As witli all audi1 pcrfonned linder 18A% IUKI. perlonnancc of pNTrcedu to rL[K)I to Ihe risk of Il)e mano8em¢iii OlrrIde ofconiruls WL obtsii)cd ali vndci'maiiding of th¢ Icgal diid &11¢0ry friiin¢M'ork4 in i%'hich thL. SCIO opLr8tc%, fc<uksing on Ihusc laws which lud a iJirLcl L.ITLXi on Ihc iiiatcrial huliinccts disclosures ii) Ihc SLIO'5 finonciis I stai¢menL%. Key laws & rcgiilJ(ions con%wJcYcd in ihi¢ cTrniext are". ALcoiiniin¥ gn(l RC)ing by Churilic%'. Si4il¢iiiLlIt ol. RiCUI)ImcnJoJ Pracii¢c .Ipplic,Ibl¢ io ¢hanli¢f prcwirinB Iliiir coiinis in accord:InLC' M'iih Ihc Firi¥iicl RL'pi)Min¥ 8iiJiidiinl Éipplitfthle 11) the UK 41nd R¢piiblic of Irelattd 11."RS 111? (¢lTeerive l J*iiu&iy ?011)l. c111% AcLoiiiilS Iscnilaiidl Regi111{n5 20U6 In addition. con5ideYcd oihtr lims & re#vlaiions thai do noi hai'e a dirtei effect on Ihc finai)cial slulcinLlll%. bui ¢onii)liancc 18 1ICLL'ry fur Ihc ¢oi)iiiiiic<l QFwaiivns of ilie Charitdble C'oiw)any. or io dvoid i InotcriJl penthlty. Our tyvciduffs to rcspoiid io ilic ri5k4 ideniilied inclded ihe (011041'inL'. R¢vicii'in8 ihc financial siaicmcni discl(bwrc%, and icliingv 10 siipponin¥ d()cuiiiciilulioii. Enqiiii'ing of Mn0Cli7cnt coiiccniinx Any acliiis l or pNciitial liii&iiaii<)n or claim%. Rcviem'ingi Ininiiics vf n)eclinbTS ()f ilio%c cliur¥L.d ii'iili ¥o¥'cniaiici, aiid correspond¢¢ ii'iili IIMRC and OSCR. In thc asscssInil of Ihc ri.sk ol. fi'uiKI ihrou8h n71aement o%erridc of conirols. ii'c lia1 te.4ied Ihe ppropriarcnests of jviimal cntri, a%4c8scd iiplieihcr I1 judgeiiiciiiN n)thdc in ihe SCIO iiiakinb> aecoiintii)g esiiinales i)re indicatii'e uf J potcniial manablemeni bias. and evaliiatcd Ihc kn¥incs% rdtionube of any signific16 lil Iranwclions ikni •re oiitside ihc noiThal course of busin¢55. L'niiiy lh ii'ere conti'ary ak4)licable IJM'S and rcgulalion%. incliidinB fruud, A fiirther description of OLir r¢sponsibiliii¢% for the Nudit uf ihe fin&ncial stsi¢niciil% 1% Ivratlxl on Ihe biiioncial Kewninb Council's i%'cbsiiL' lli 11'14I1,.frc.B.Iik,'I1dIior5re5n$Ib11Ille$. Thi5 de%criptioii lonns part of oiir Rci)nrt of ihe Indcw)(knil AlI1r%. Po8e l?
IQ THE TRUSTE Use of our rtport This reiyKt is math 501ely to the charity's trustee5. as a b¢xty, in accordance with RegUl]Dn 10 of Ihe Charities Accounts (Scotland) Regulaiions 2006. (r audit wk has b¢¢n undertaken so ihat we mighi slAle lo ihe charity's trustees tho matkrs we are r¢quired to state to il)em in an auditors, report and for no other purpose. To the fullest extenl pemiitted by law, WE kn not Accq)t or &4suinE responsibility ts) anyone othrr than the chtirity and the chority's Iru5tees as a iN)dy. fly our audit work, for ihis reprt. or for the opinions we have formed. Henry Brown & Co Chanered Accountsnls & Regisiered Auditors 26 Portlgnd Road Kilmarnixk Ayrshir¢ KAI 2EB Poge 13
TAKF. A BQW_DEI,ELQLlllT FOR THE Tr'EAR_ F.N'DF.D 31 .1IARCH 2025 202) To(81 riiiid 2024 Total riiiids Unreslncied fund Rcsiricted funds Nolcs IN'CO)IE AND EN'DOII'.NIL.¥TS FRO,%1 th)iintioii% And ICLTIICILS 126.041 ? 139.685 2.?65.7?fi 699.741 Other irpding li1,111¢S Iiii'e%iinenl Incninc 52,203 42,?44 169 TotMI 178 ?44 1 13y.6%5 2.317.929 74? 154 EXPE.YDITURE OY Ra15ing fiinds 9,818 Charltible aeili'ltle% Adi'ancrtncni ol cducatiun. dri¥. and cvliiirc 174.359 146,1113 320,372 27.S.177 Toi81 174.359 146.013 320,372 284.995 YET IYCONIF. 3.885 l.WJ.672 l.W7.55? 457.159 EI:(DII:11.IAI'ION OF FUYDS .1 oul fund> broubhi lonl'ard 3R.463 4SU.411 411X.K74 31.715 TOTAL FUN'D5 LARRILD Tr'UKI4'AKD 2.444.08.3 2,486.431 4811.874 Tlie noies fom? part of ihcse finJn¢l] stJiement4 PJgc 14
TAKE A BOW DEVELOPMENT TRUST EALAN£EAH.FXT JI _MARCH 2025 2025 Total funds 2024 Tothl funds a5 restated Unreslrictcd fund R¢strici¢d funds Notes FIXED ASSETS Tangible assets 12 10.072 2.442.304 2.452,376 440.487 CURREN'f ASSflS Dcbtors C&sh bHnk 13 37.386 1.711 37,386 13,832 2811,607 42,556 12,121 39.097 12,121 51.218 331,163 CREDITORS Amounls falling due wiihin (me ycjr 14 (6,821 > (10,342) (17,163) (282,776) NET CURREp¥f ASSETS 32.276 1,779 34,055 48,387 TOTAL A,SSF.TS I.F.5S CURRENT LIABILrriES 42J48 2.444.083 2,481431 488.874 IYET ASSF.TS 42 J48 2.444.0¥3 2.486,431 4¥15.¥74 15 UriTC.4lriclcd furKI Restricied fund$ 42,348 2.444,08.1 38.463 450,411 TOI'AL FUNDS 2.486,431 488.874 Thc fin8ncis151alcmcnl% wcrc approvcd by the Board of Trnsiees and authoftsed for issue oil nfl WA*re s?e or 114 behalf hy. The noies fomi part ofthese financial staterrts Page 15
TAKE A_BO_IV DEVELOPIIF.NT TRIJ&T. SH FI.OITr ST AT FOR THF. I:F.AR EYDED 31 IIARCH 2 ?0?5 as rcsiared Nlxes Csh floH$ froni op¢rAttng lIs.111$ Cnsh gL'ncratcd fri)m (>i)L'rntion% Tax paid 1.99?.856 19.6911 451,718 Nei cash provi(Icd by 0[alInj 4clji.ilies 1,983.165 451.718 Cash from ini'¢stSn8 ¢rfi'itlcs Purchasc of iangiblc fixed asts Inleivst TLreived {?.011,889) (440.4871 169 ¢asli used in ini'estin¥ JLIii'iii¢5 i?,011.889) {440.3181 Ch•n8¢ li ¢s$h and cash equi)Ilent$ In lh¢ reportlnl pcrlod C#sh and eAsh tquli'ilenls At the bc%lnnlni of ihe reportlng perlod (28.7241 31.156 C15h aiid c45h cqulil¢nis li iht ¢•d of the r¢porilnR p¢rlod 4?,556 -I'lie nolcs funn i%irl ufihL_4c fitianc11 stulL'IiiLIIIs Piigc 16
TAKE A BOW DEVELOPMENT TRUST ES TO THE CASH FLOW,STA TLMENI R TIIE YEAR ENDED H 2025 RECOIYCILIATIO.Y OF NF.T IYI COME TO i¥ET CASH FLOW FROLM OPEIL4TING A1VITIEs 2025 2024 a5 restated Nct ID¢omt foy th¢ r¢portlng perlod {as per the Ststtmeht tsf FlnAndAI Atdvltles) AdJ¥s¢ments for: lrtiere8t received Decrease.l(tncrease) in debiLY$ (D¢¢reAs¢>'ln¢ree in ¢dI10r5 .997.S57 457,159 (169) (273,686) 268,414 265.324 (270.f)25) Ntt eash prOded by op¢Yadfjn$ .992,856 451,71R ANALYSIS OF CEIANGES IN NET FUNDS Ai l14r24 Cash flow At 3113Q5 Net t* C&¥h at bank 42,556 (28,724) 13,1132 42,556 (28.7241 13,832 Totsl 42,556 {28.724) l J,832 The notes (orm pwt ofthese fInarla7 Statements Page l?
KE A BOIV DEVELOPI TESTQTHE FQR THE YEAR EYD I MARCH 2025 ACCOU.NTIYG POLICILS Bsis of prepgrlng thc fillamclal stattmettts Thc financial stateinenl% Df the dbllfily. wthiLh is a public benefit eniiry uilder Ftis 10? havc bccn prepared iii atcordance ii'iih Ihe Charitie4 SORP {FRS 1021 'Accow)linLp aiid RL'portin¥ by Cliariiics,. Sithiemeni of RecvniinL'nd(Yl PniLli¢e applicable to chariiics prepariiig their aceouiits in accordance H'ith Ihc frindnLi81 RcNning Sianik'ird applicabl¢ in the UK Nnd Repiiblic of Irclthi?<l (F R$ 10?) leffecliv¢ l January 2019),. fii?oncial Rcporting sialOrd 10? The F in&nciii l Repc(rin8 Sinndnrd applicablc in thL UK #nd Republic of Ircl&nLI' and ihc Chariiics and TNsi¢c In¢%11[Y1( (Swiland) Aci 2005. The fin4¢11 sle1clS have becn prepared undcr ihc hisloricnl cost con%enii011. I¢0¢ All In¢e is rccoL)niscd in lh¢ Stulcmlnt of triiuncial Activiiies once th¢ chariry hiLS ¢niiil¢m¢iii io ihc funds. il is probablc iliai thc iiicoin¢ ivill be r¢711¢d and Ihc amounl can be Invswcd rrliably. xpeffidltur¢ Liabilit4 recognised as expendilure As sn 04 there is & Ic&pal or c()nstniLtivr obli8aiioi) cuiiimilling lh¢ cliarity lo Ihai exp1(5)111rC. 11 i)robuble il)irt u trthnsf¢r of ttonomic benelirs .111 b¢ rcqiiircd in 5L'tIlL'inL'nl aiid ihe biiiuunt of ilie obli8aiion can Ee ¢ncJ4ured reliably. b.%lId1tUrc 14 accouiile(l (or oli ali accrnals basi% aiid h1K s beeii clAssificd Iindcr hcadingN ihai a8grcgaie all ¢osi related io the caregory. Whcr¢ cnsls cdnnui b¢ diwcily niiributcd io p)ni¢ulai' heading(N they beeii allocaicd lo aclii'ilic5 On g basis consisieni wilh ihc iise of Rsour¢¢s. T4nilble tlxed ossets DcpreLMlion Is proN'idcd al ihc (ulkjiving unnihyl rui¢s iii Di'rlci. to ii'ritc ofl'cach nssei over lis cslimuled vscful life. IinpruviYiicnt% ID PlUPLrty i (r¢ V41 T4xAtlon ThL ¢littrity is exeiiipi froi)i illx oil 118 cliari141bl¢ aClii'jljL4. Fund Aceountlii% Uiirc%lriclLd funds i8n b¢ us¢d iii xcordwicc 'ith thc charitable objectives ai ihc di¥Crclil uf ihe truslce%. ¢siricied funds eaii only bc used l-or pJrti¢ultsr letted purposL% wiihin IhL objcct% ul. Illi. Ihai'ily. Rc.%iriciions risc M,hct) spc¢ifi¢d by )¢ dunvi. %i,h¢n luiids are i?ised for panicular rcstri¢(¢d purp04CS. F"urthor explii nation of the naiLire aiid piirpo$e of ea¢h fiityd is inclLidc¢J in IhL' noieb lo IIK financiul.%latVrnL'I1I5. Hlrt pur¢hAs¢ And leaslng rDmmilm¢nt5 Renials paid undcr op¢raTillg kas¢5 ar¢ charbvcd 10 ihc SiJicmcnt of Fillli ncial Aclivilics n Sirtsi8lit line bthsis oitr Ihr pcrio(l of Ihc Ica5C. Penslon ¢ost$ And oth¢r post-rollromeot btnellis The charity ()PL'rnie% th dLfiiicd coniribuiion p¢nsioii s¢ll¢i. ConiribLiiions payable io ihc charit PL'llsion sclictiic are chargcd to Ihc siatciiiLI ul l-'Inin¢ial Activitic% iii tIIc PLriod to ivhi¢li ilicy rclutc. Pu¥c 18
TH DE DONATIOIYS AND LEGACIES 2025 2024 &% restated DDn81ion8 Grants Membership income Opp)rtunity c¢nlr¢ income 12D6 2.147.992 70.493 4S.035 574,909 47,772 77,060 2,265.726 699.741 Granls received, ilded in Ihe aiK)ve. are as follows.. 2025 2024 os restai¢d Other srnnls 2.147,992 574,9)9 OTHER ThADINC ACTIVITIES 2025 2024 as resiaied Fundraising evenis 'I'ickct ond nrC1)QndIsc incomc 44,856 7,347 31,049 11,195 52,203 42.244 INVESTMENT INCOME 2025 2024 rcslatcd [41t aU1 int¢resl VAT Interest 91 78 169 Page 19 coniinued...
VEL PTrIE.NT TRUSI TIIF. FIYA RAISJYG FV.NDS Oiher tradlng Ac1111 2095 20?4 s rcstuied sup) C051s 9.818 CHARITABLE ACTIVITIES COSTS Siippon costs Isc notc 7) DirLYt Costs Totals Advan¢tMeni of education. Jrts. and eiiliure 29fi,13Y 24.233 320.372 UPPORT COSTS Governance Mana171 l oljls Adi onLfflncnl of cdLicalion. art. uuliiw 19.746 4.487 24.?33 TRUSTELS, REMU.NERATIOY AYD BF.NEFIT% ThcrL' IILIL 110 tru8ite%' reiiiLlliCrniiOli or (Mlicr bciiefils (or the yenr et(j 11 March ?1125 nor fur 111e year ciidL 31 Mi1rcli ?D94. Tru51ees' cxpeni Thcrc iici'c iio Ini%t¢es' expell5 paid for the year Lmded 31 MaTcli ?U?5 Iwr for ihL' ycar ciidcd 31 Muirh 2024. SI'Afr Tr. COSTS ?0?4 a% re$lal¢(I w)d salthrics So(ial yeciirily cost Oihts pension eosi% 19? R?4 4.838 2.576 193.684 4.390 ?UU.238 200.582 The ai'eragie iiionihly niiinbcr Ofciiiploy5 during IhL' yiur Is folloii%.' 2024 as rc*iOiC Toial sia 26 u efftploy¢es reeeii't(l thnolumeiiL% in exccss of L60.(MiU. Paupe ?0 continued...
TAKE A BOW DEVELOPMEIYT TRUST FOR THE YEAR ENDED 31.MARCFL2fj2 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unr¢stricl¢d fund ReslTt¢led funds Total fuThJs as rest*d INCOME AND ENDOWMENTS FROM Donations and legacies 128.432 571.309 699.741 Other lrnding Activities Investmeni income 42,244 169 42244 169 Totsl 170,845 571,3Q9 742,154 EXPELYDITURE Rai3in8 ful$ 9,2118 9.818 ChArit4ble Actlvidos Advancemcnl of LThdueatioii, arts. culture 152.756 122,421 275.177 T•tAI 162,574 122,421 284.995 NET IT¥C.OME 8.271 M8,888 457.l59 RECONCILIATIO,Y OF FUNDS To&1 fiJnd$ brought forward 30,191 1,524 Jl,715 TOTAL FUND&• CARRIED FOIiWARD 38.462 450,412 488.874 PRIOIi YEAR ADJUSTMgNI' 'lThe resuli for the year ended 31 March 2024 have been wesialed due io the omis%n of a ClI1r r¢l8ting Ihc inili#l JpplKtslion the pn)perty r¢nL)vAIiI. Th¢ Teceipt of this invoi¢e also acts as the eligibility trigger for the iniligl lrnn¢he of grani fundin8. Resulionily irnprov¢mcnls lo pryrty, tradc Cr11, accrncd incDnK' wid gr8nts hAve all been incr¢aswJ by £242.2fpB, Page21 conlinmed...
KF.A W DEVELOPME%'T TRUST OTESTO THE FINANCIAL STATEMEITS- co FOK THE I EAR EYDF.D 12. TANGIBLE FIXED ASSETS Itnprovetnertts io reehold propeny propery Tolgls cosi. Ai l April ?024 Adilthons 51,708 10.34? 388.779 ?,LM)1.547 440,487 2.011.889 Ai 31 MJr¢h 2025 62,050 2.390.326 2.452.376 YET IIOOK VALLE Ai 31 March 2025 62.030 2.390.326 2.452.376 Ai 31 March 2024 51,708 3111J,779 440.487 13. DF.RTORS: ATrIOVYTS FALLIYG DUF. IVITHIY OYE YEAR 2024 as re5tiiied Trnde debiors Social %cciirity and 4)ih¢r IQX VAT Pr¢payincnts and accNed incornc 23.?83 9.691 4.412 279,32? 6.8?5 2,46U 37.386 211%.607 14. CRLDII'ORS: AMOIIYTS FtlLLIYC DUE M'ITHIY OYF. YFAR ?024 as rcsiaied Trndc crcdiivrs Taxuiion Jnd soci7dl CUT11Y Oili¢r ¢rediiiir% 2.41? 10.-14? 4.409 276.803 3.642 17.163 ?8?.776 onlirtiied..
TAKE A BOW DEVELOPMENT TRUST QJ.E&IQTHE.FII4.ANQIALSTAIEMEN FOR THE YEAR ENDED 31 ML ARCH 2025 MOVFdMI ENT IN FUNDS Net nwvcmenl in fuii(Ls Al 3113125 Ai 114124 Unrestrlcted funds General tuftd 3¥,463 3.885 42.348 Reitrl¢led fundi Centre Purchose- Seottth Land Fund Ea%1 AyT%hirc RLYKwablc Eneryy Fund E¥si Ayrshire Place Based Investtnent Pro8ramme Thc Lollcry Fund Tesco t•ood bor All Rc8cneTrtion Capilal Crani Fund Community Ownerxhip S¢ottish (iovemmenl Cares IUnd 62.050 98.150 62,050 98,150 47.943 74.575 11.000 122.518 242268 ,005.133 823.064 78.777 .247,40J 823,[4 78.777 450,411 1.993.6n 2.444,083 TOTAL FUNDS 488,874 1,997,5S7 2.486.431 Net movcment in fvnd%, included in the al¥C ue as follow%: Incomin8 r(sTru¢s Resources expen Movement in fun418 VnratrlclrAI fund& (kn¢rAI fund 178.244 (174.359) 3,885 Re8trl¢ied funds Strengthening Communities Programme Invcsfing In Communiiies- Scortish Cjuvernment East Ayrshire Place Elased Investment PrO8mMe Th¢ Lottery Fund Easi Ayrshire Employabiliry Pannership Tr0 Food For All Re8en¢raiion Capilal Granl Fund Coillmunity nwncr.thip Fund 8(x)ttish Cov¢mmcnt C8res Fiind J4,365 (34.365) 61,960 (61.960) 74.575 19,5iXI 9,919 74,575 11,000 (8,500) (9.919) 1,121 .005,135 823,064 78,777 1,005,135 854.333 78.777 (31,269) 2,139,685 {146,013) .993,672 TOTAL FUNDS 2.317.929 {320.372) 1.997,557 Page 23 continued...
TAKF. A BOIV DEI'ELOPME,N.LI TF.STO THE FI FQR THE_YEAR EYDED_I -con H 21125 15. IOIIEIIEN'T IY FUYDS- comtinu Comparadi'es for movcmtnt In funds Nel movemenl At Ai 114,23 UNrestri¢ted funds Cieneral fiiNJ 30,191 8.27? 38.463 Re¥lricl¢d funds CentT¢ purch¢ . SLoirish Land Fund Easi Ayrshir¢ Rcn¢wablc Ln¢rgy Fund F.a%t AyrshirL Pluce B4sed Inveslineiil l)rogrammc Rtgeneralioii C"apii&l Gruni F"Iind 6?.050 98.150 62,lJyJ 98,150 1.524 46.419 242 ?68 47.943 242.268 1.524 4411,14A7 430.411 TOTAL FUYDS 31,715 437.139 4R8.874 Coinpardliic iict muvcincnt in funds. iiilludcd iii Il)c abovc air 0$ t-ollnws.. Inci)ming r¢sourc¢.5 Ficsuurrts ¢xp¢iid¢d iii fiinth Uhrestrlcted fMnd$ GcncThl fund 170.845 (162.5731 8.?72 Rtsirlei¢d fuNI$ SiwL'ngJihvnin¥ CoinmunitiLS Probirainmc Centit Purchase- Scoitish Land l-.und Coiiiinuniiy Jobs SL.land Ini'e.%tinbi In C'.oniinunilics . S¢otti5h Gov¢LM)eni Ini'csliiig Iii C.oniinLltiilies- KFC Add Hope F.asr Ayr*hirL' RL'nL'ivoble En¢ryy Fund Easl AyTshir¢ Pl¢ Based Ini'¢sim¢ni PrDgwuilliiic Fiegencralioii Capiial Grant Flind 52.898 62.050 1.709 (52.8981 62.050 (1,709) 65,215 2.600 9¥.150 (65,2151 1?.6001 98,1511 46.419 242 ?68 46,419 24? 2611 571.JO9 {12?.422) 448,887 TOTAL Tr"U,YDS 742.154 (284.9951 457.159 continued...
TAKE A BOW DEVELOPME.YT TRUS FOR_THE_YEAR ENDED 31 MI ARQILILS MOVEMENT IN FUNDS- continued A currenl year 12 monihs and lor year 12 months Combined position is as follows.. Nel rnovtment in lmIS At 3113125 Al 114Q3 unre6irletI fundj General fijnd 30,191 12,157 42,348 Reslrlffed futhds Centye Purcha - Scottish Land Fund FASI Ayr5hir¢ R¢ncwablc F.ncrsy Fund Easl AyT5hir¢ Place Llased Invcstmcnt Pro8riimmc 'Thc Lottery Pund 'resco Tr"ood Tror All Regenerntion cpilo1 Grnfti Fuftd Community (hvnership Fund Scottish Govemmenl Cwes Fund 62.050 98,150 62.050 98,150 1,524 120,994 11,000 1,121 ,247.403 122,5153 I i,LN)O .247,403 823.064 78.777 78,777 ,524 2,442.559 2,444.083 TOTAL FUNDS 31,715 2,454,716 2.486.431 Page 25 continued...
TAKE A BOW DEVELOPNIF.YT TRUST OTHE IAI. STATENIE. FOR_THF:_YF.b_R_F.Y_DF.D 31 TrIARCH 2025 15. }IOI'EMLNT IN FU.NDS- conlinu¢d A cutrenl year 12 monih.s and prior ycar 12 Inonih5 cornbined nei movernettt in fund%. Included in the aknve Ure os rolloll's.. Incoining rV4()Ues Resource5 expended MOVent in fvnds Unrestrleted funds Jeneral fiind 349.089 1336.9321 12.157 Restrict fiinds Sirengihening Cominunilics Prow4nmc Cenlre PLirchase . Scottish Laiid Fund CoiiitiJunity' Job% Sruiland Iiivcsiin8 In Commiiniiies - Scoiiish CJOI'enimeni Ini"L'41in¥ In Coinrnunilies- KFC Add Hupc Lasl Ayrshirc Rencm'dblc E'nerby Fund East Ayrslijrc l>luce Llased Ini'esiinenr Pr41grammc 'I'he Louery kLind Ed%1 Ayrsliire Ei))ployabiliry Panncrship T¢yco F(11)(l For All Rcgcn¢rJiion Capiiol Grniii Fiind Cuiiiinunily Oiyiiership Fiiivj Scullish CiO%'CrnlllCllt Care%14und 187.2631 6?,050 1,709 6?.C150 (1.709) 1?7,175 2.6UO 98.150 (127.175) {2.6001 98.150 1211.994 19.500 9.919 120.994 11.000 18.5CKJi {9.9191 1.247.403 854.333 78,777 1.247,403 R23,0fv1 78.777 l31.2691 ? 710.9¥4 ?fi8.4351 2.44? .559 TOTAL Tr'UINDS -3.060.083 1605.3671 2.454.716 The key fulinl SOLirce$ during ?4..?5 Is a8 folloivs.. Scuiii4h Gui'emincni Rc8ciicralioii Capi1 Cjrant Fund. Tu %upport Illc capithl co51S associaied iyith ihe rtd¢%'¢lopmeni of ilic foniicr Ne Fanx Lo¢h Comintsnity Ccnirc. UK CJO%'crnineni Coinmiinily Ou'ncrshiy Fund - To .support ihe capiiul COSLs a550ciaicd iyiih tli¢ r¢V¢InlIt of lh¢ fomier Ni cw Fami Loch Conimiiniiy Ccntrc. Scoiti4h Ciol'crnmcnl Cares Fiind - To support the capital CONIS a¥wciaied ii'iih Ilie (edci'elopinent uf ihe fonncr Nc Faftn Loch C'oi1I111Llnity Cenire. Last Avrshirc Placc Based 1iiir%lmeiit ProgrnTnine - To supi)ort ihc ¢ap•lJl C0$15 8sso¢iat¢d ii'iih tlie re(levelopinciit ol. th¢ I"onnei' Neiv Farm Loch Commlinity Cenire. E851 Ayr%hire Reneu*ble knergy Fund - Tn qupport ihc capitul cosll associalcd wyiil) Ihc Icdcvclopmeni of the fomwr Neil. f4vm L(K11 Comiiiiiiiiiy Ccnir¢. S¢oiii%h ¢JO¥'crnmcnr Sircngthcning Coiiin)uniti¢5 Programnic To Nuppotl the rth'enuc cosis H'irh ih¢ d¢liv¢ry of our Coininuniiy D¢1'elonelli Prograinmc. Pagc ?fy coniii)ued...
TR TIIF. ri TATEMENTS- EQKI1ILtEf4DEDLl MAK 20 Aiy 15. MOVEMETrIT FUNDS- ¢•ndnued S¢oNish Government InspiTing Communiiies Pro8rJmm¢; To support Ihe revenue costs 8sso¢i&td with our Youih Developmeni Pro8YamnK. The Lottery bund: To swyport the revenue e4)sts associated with delivering Take A Bow in thc Park. Funding support has thlso been provided io wprK)rt the provision ofnew tiirniture 4nd fittings in Ihe refurbished centre. East Ayrshire Employability PartyrshIP. To suppJrt ihe revenue costs •s5Wiated wilh the delivery of employobility Iw>rrt)rt fi)r yi)ung pwpl¢. 16. CONIINGENT LIABILITIES A restricti ¢ovfflanl. for a period of ¢¢n y¢ar8 is ilud¢d wiihin the tem)s of Ihe Community A55d Transfcr a8recmcnl prcvenling the sale of the fleeild prowty al Frascr Walk. Kilmamock. Should the prop¢ty be 501d ior 10 the expiraiion of ih¢ clawback p¢ricd in fjccembcr 2033, any umounl received in cxcc5s of the origi1] purchase pricc of £62.050 would be repayable lo East Ayrshire Council. 17. CAPITAL COMMITMENTS 2025 2024 as resia¢ed Contruclcd bul nol provid¢d for in ih¢ finwn¢iAI stai¢m¢n 301,765 2.313,655 RELATED PARTY DISCLOSURES There were no relaled party ¢r&n5aclions for Ihe year ended 31 Mar¢h 2025. 19. POST BALANCE 2•HEET EVEYTS The main fuT61menI pro¥rnmmL CUMnnL'ed on l April 2024. This phase wali expcrled lo ¢omplth by the 20111 Decemixr 2024.This twl Overn and entry lo the building was not until the 16th May 2025. While Ihe majority of Works arc N>w complctc ther¢ is ¥till prL% of the building that are (MI8OiJI8. Final cOmpl10Th is expe¢led to ¢ompkie by early 2026. Page 27
TAKE A BOW DEVELOPNIENT TRUST DETAILF.D STATEIIEN'T OF FIYAYCIAL A FOR THE I'EAR F.YDFD 11 IIARCH 202 20?4 a5 resiacd INCOME AYD EYDOIVNIEYTS Donatloms ¥bnd l¢gatles Donalions CJro1118 MLYnber%hip Incoine Opportiiiiity tcnire iiicoine 2,206 ? 141,99? 70,493 45.035 574.909 47.77? 77.060 2.?65.720 6991.741 Oihcr Irodix% ¢ilvlile$ 'uii(IrAising ei'cnts Ticket and ffter¢li.indige ineome 44,856 31.9 11.195 52.203 Ini'eAtm¢ni in¢oiii¢ Depusii accouni int¢rcst VAT Iiiieresi 91 78 169 TolAI Inromlng rcsnurcL ? .117,9?9 742.1.$4 F.XPEYDITURE C.hritAble *¢ti%l¢lcs 192.8?4 4.8.18 193.684 4.3(Xl 2.508 2.1 12.117 317 ¥41 47.598 5.065 Sociul seciirity P¢nsiDIis Othcr th(ln81¢¥I¢¥ Li&phi and heiir SundTies Re71r5 and iiiiiiiilcnHIicc Q)pcraiional ros15 Lifc4lyl£ cos1% PrUf¢1011aI fees ?0.444 1.039 5%.74(1 9.947 1?.725 ?y6.139 268.6?0 Sypporl costs ,Ilanageni¢nt InsiirAiice ca1 lorm'urd 6.157 6.157 3.5?4 3.5?4 This P&igc nui funn par( L)I' IliL' Sl¢lliitory fizi<incial &latuncnl Pa¥c ?8
IVITIES EQlIEND>II.lIIQ1g 2025 2024 s rest*ed Manngement Biuughi f()rw4rd Telephone Advenising Cleaning cosis 6.157 8.fA)I 4,595 393 3.524 4.803 4,394 1.463 19,746 14,184 Ftnallc¢ Bank Charges Governance Costs Accounlaiicy and IcBal fees 4,4¥7 2.050 Total IV•DU+ expended 320,372 284.995 Net Ineome 1,997.557 457,159 This p)gc does noi forrn part of Ihe 51alurory financial slalements Page 29