## **CRAIL COMMUNITY PARTNERSHIP (SCIO)**
## **REPORT AND UNAUDITED FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2025**
## **SCOTTISH CHARITY NUMBER: SC049189**
## **Henderson Black & Co**
CHARTERED ACCOUNTANTS, ST ANDREWS
## **CRAIL COMMUNITY PARTNERSHIP**
## **Report and Financial Statements**
## _**for the year ended 31 December 2025**_
|**Contents**|**Page**|
|---|---|
|Trustees’ Annual Report|1 – 4|
|Independent Examiner’s Report to the Trustees|5|
|Statement of Receipts and Payments|6|
|Statement of Balances|7|
|Notes to the Accounts|8 - 11|
**CRAIL COMMUNITY PARTNERSHIP**
## **TRUSTEES’ ANNUAL REPORT** _**FOR THE YEAR ENDED 31 DECEMBER 2025**_
The trustees present their annual report and financial statements of the charity for the year ended 31 December 2025.
## **Reference and administrative information**
## **Scottish Charity number**
Scottish Charity Number: SC049189
## **Operational address**
25 Castle Street, Crail, Fife, KY10 3SJ
## **Trustees**
The following persons have served as trustees during the year and since the year end.
David Jerdan Chairman Sarah Morrison Vice Chair Dennis Gowans Secretary Neil MacGillivray Treasurer (appointed 1 April 2025) Karen Vaughan Treasurer (resigned 1 April 2025) Will Cresswell Neil McKay Colin Morrison (resigned 29 December 2025) Mark Rogerson Aleks Scholz Max Taylor Chris Broome Co-opted (appointed 6 May 2025) Manueala Calchini Co-opted (resigned 1 April 2025) John Freeth Co-opted (resigned 1 April 2025) Maggie Laird Co-opted (appointed 7 October 2025)
## **Independent Examiner**
Joanne Paul, Henderson Black & Co, Chartered Accountants, Chestney House, 149 Market Street, St Andrews, Fife, KY16 9PF.
## **Structure, Governance and Management**
The charity is a Scottish Charitable Incorporated Organisation (a SCIO) and governed by its constitution. It was registered on 2 April 2019.
At the Annual General Meeting office bearers and trustees are appointed to run the day-to-day business of the charity. Any member of the charity is eligible to become a charity trustee or office-bearer. Nominations are sought in advance of the Annual General Meeting at which elections are held are results announced.
The terms of office is 3 years with a third of trustees retiring each year and they are eligible for re-election. The maximum number of Trustees is 12 of whom no more than 10 shall be Member Trustees and no more than 2 shall be Co-opted trustees. Subject to these conditions at each AGM, the Ordinary Members may elect any member to be a trustee. In addition the Board may at any time appoint any member to be a trustee and may at any time appoint any non-member of the SCIO to be a trustee either on the basis that he/she has been nominated by a body with which the SCIO has close contact in the course of its activities or on the basis that he/she has specialist experience and/or skills which could be of assistance.
1
**CRAIL COMMUNITY PARTNERSHIP**
**TRUSTEES’ ANNUAL REPORT** _**FOR THE YEAR ENDED 31 DECEMBER 2025**_
## **Objectives and activities for the public benefit**
The purposes of the charity are: The advancement of community development (including the advancement of urban/rural regeneration) principally within the community of Crail but only to the extent that it is consistent with furthering the achievement of sustainable development.
## **Achievements and performance**
Once again, we are pleased to report an increase in the utilisation and income of Crail Community Hall. New activities have been added and in addition, the programme of continual improvement to the property has been maintained.
Our land management programme is progressing with the addition of a further 1,000 trees in and around Crail. Kilminning won the prestigious community initiative award from Nature Scotland
Our Board of Trustees has met 10 times during the year and we have had a full complement of 12 Trustees for almost all of the year.
We have maintained regular reporting of all our activities through Crail Matters and social media. Minutes of all our meetings are publicly available on our website.
## **Crail Community Hall**
We have continued with our policy of steadily improving the facilities and the structure of the building.
Unfortunately, our substantial grant application to the Government Levelling up fund was unsuccessful. Notwithstanding, we have carried out various improvements including new ‘air seal’ doors at both entrances, double glazing of the large stained-glass window in the northmost gable and air stratification fans. All of these measures have helped to considerably improve the insulation of the hall and comfort for users, as well as helping to reduce our energy costs and improve our carbon footprint.
We have continued our policy of encouraging and enabling further youth activity in the hall. Wedding activity, which is fundamental to our income and sustainability, has been stable, and the financial income has increased.
The pilot National Theatre scheme has been fully developed and we are now seeking funding to purchase our own screen and projector facilities, to enable greater future scope and use.
We have obtained funding for a further development co-ordinator role and expect that role to be created next year.
## **Land**
We were awarded the prestigious community initiative award from Nature Scotland. This is a national award and reflects highly on the work done and in particular, the lead given by Will Cresswell.
We have planted another 1,000 trees and are well on the way to achieving the target of ‘10,000 trees for Crail’’ It is particularly pleasing to report that the survival rate of the planted trees is over 90%, notwithstanding harsh environment and weather.
We are in process of completing the acquisition of an area of land at Fife Ness Muir that is an important ornithological site. The land is currently owned by Scottish Wildlife Trust.
We have lodged an asset transfer request for the Old Gasworks at Crail harbour and are obtaining funding for a business plan to create a leisure facility.
2
**CRAIL COMMUNITY PARTNERSHIP**
## **TRUSTEES’ ANNUAL REPORT** _**FOR THE YEAR ENDED 31 DECEMBER 2025**_
We are also slowly progressing plans to acquire further land around Crail to seek to address overflow parking issues and income generation.
## **Planning**
The Local Place Plan has been accepted by Fife Council and we have lodged our submission to the Fife Plan. We have also registered our action plan. These are all important yardsticks, moving forward.
We took the leading role in the appeal against the proposals to redevelop the airfield. Our planning subgroup masterminded the successful appeal against the planning proposals for the airfield, and the developers subsequent appeal was rejected. Particular thanks to Neil McKay and Stuart Tait for their work.
We hosted 2 community workshops in the Spring to promote the advancement of community development and regeneration, all consistent with sustainable development. We are indebted to the late John Freeth for his vision and inspiration to make this happen.
## **People**
John Freeth retired as a Trustee at the AGM and sadly passed away at the end of the summer. He was a tireless worker, enthusiast, and enabler of much of the structural and insulation work in the community hall. He will be sorely missed. We are pleased that Maggie Laird agreed to be co-opted to the Board in place of John.
Due to the amount of funding involved in the Kilminning project, our accounts, for 2024, were somewhat more complicated than usual and were required to be prepared on an accruals basis, rather than the receipts and payments basis which we had traditionally used. This involved a considerable amount of additional work and we sincerely thank our former treasurer Karen Vaughan for all of her work in that regard.
We held another very successful community workshop in the autumn.16 different Crail organisations were represented and all reported positive response in terms of publicity and recruitment.
We completed the significant task of writing and agreeing and approving all of our policies and procedures and thank Sarah Morrison for her enthusiasm and resolve to complete this task.
Once again, our thanks to Geraldine Graf for all of her work in promoting and managing the bookings at the Community Hall and to Dennis Gowans for his tireless work in everything that he does.
Finally, to record and thank all of the Trustees for their commitment and enthusiasm. We are fortunate to have such an able and committed team.
## **Financial review**
The 2024 financial statements were originally prepared on an accruals basis. With the adoption of a receipts and payments basis in 2025 the 2024 comparatives have been restated.
The Statement of Balances, at 31 December 2025, shows cash funds carried forward totalling £56,964 (2024 - £59,952) which include unrestricted funds of £27,652 (2024 - £21,931) and restricted funds of £29,312 (2024 - £38,021).
Two grants were made in the year, both to organisations. The first was for £2,439 to fund youth worker costs to Fife Council and the other, for £18,177, was to Crail Community Council for the Crail playgroup playground.
3
## **CRAIL COMMUNITY PARTNERSHIP**
## **TRUSTEES’ ANNUAL REPORT** _**FOR THE YEAR ENDED 31 DECEMBER 2025**_
## **Reserves policy**
The trustees aim to maintain free or liquid reserves at a level which enables them to cover six months of regular costs.
## **Statement of Trustees’ Responsibilities**
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements, which they are responsible for preparing, comply with the Charities Accounts (Scotland) Regulations 2006 (as amended) and the terms of the charity’s Constitution. The applicable law also sets out the responsibilities of the trustees for the preparation and content of the Annual Report.
Approved by the trustees and signed on their behalf by;
## **David Jerdan (Chairman)**
**Date:** 21/04/2026
4
**CRAIL COMMUNITY PARTNERSHIP**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CRAIL COMMUNITY PARTNERSHIP**
I report on the accounts of the charity for the year ended 31 December 2025 which are set out on pages 6 to 11.
## **Respective Responsibilities of the Trustees and Examiner**
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts under section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
This report is made to the trustees, as a body, in accordance with the terms of my engagement. My work has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the trustees for my work or for this report.
## **Basis of Independent Examiner’s Statement**
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). 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 view given by the accounts.
## **Independent Examiner’s Statement**
In the course of my examination no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect the requirements: • to keep accounting records in accordance with Section 44 (1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
- to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Joanne Paul CA Partner Henderson Black & Co Chartered Accountants Date:** 21/04/2026
**Chestney House 149 Market Street St Andrews Fife KY16 9PF**
5
## **CRAIL COMMUNITY PARTNERSHIP**
## **Statement of Receipts and Payments for the year ended 31 December 2025**
|**Unrestricted**
**General**
**Fund**
**Note**
**£**
**Receipts**
Grants and donations
**2**
1,186
Charitable activities
**3**
41,819
Bank interest
334
**Total receipts**
43,339
**Payments**
Raising funds
6,017
Charitable activities
**4**
26,178
Grants and donations
2,439
Governance costs
**5**
2,087
Purchase of assets
-
**Total payments**
36,721
**(Deficit)/surplus for the year**
6,618
**Transfers between funds**
**8**
(897)
**(Deficit)/surplus for the year**
5,721|**Restricted**
**Funds**
**£**
87,146
-
-
87,146
79
40,535
18,177
-
37,961
96,752
(9,606)
897
(8,709)|**Total**
**Unrestricted**
**Funds**
**General**
**2025**
**Fund**
**As restated**
**£**
**£**
88,332
346
41,819
43,213
334
1
130,485
43,560
6,096
8,968
66,713
39,079
20,616
-
2,087
782
37,961
-
133,473
48,829
(2,988)
(5,269)
-
-
(2,988)
(5,269)|**Restricted**
**Funds**
**As restated**
**£**
250,665
421
-
251,086
-
232,240
1,751
-
22,534
256,525
(5,439)
-
(5,439)|**Total**
**Funds**
**2024**
**As restated**
**£**
251,011
43,634
1|
|---|---|---|---|---|
|||||294,646|
|||||8,968
271,319
1,751
782
22,534|
|||||305,354|
|||||(10,708)
-|
|||||(10,708)|
The notes on page 8 to 11 form an integral part of these accounts.
6
## **CRAIL COMMUNITY PARTNERSHIP**
## **Statement of Balances as at 31 December 2025**
|**Unrestricted**
**General**
**Fund**
**£**
Opening cash at bank and in hand
21,931
(Deficit)/surplus for the year
5,721
Closing cash at bank and in hand
27,652
**Bank and Cash Balances**
Bank current account
16,629
Bank deposit account
11,023
27,652
**Assets**
Fixed assets (at cost)
70,346
Debtors - hall hire
285
70,631
**Liabilities**
Independent examiner's fee
1,440
Hall hire deposits
2,240
Other creditors
-
3,680|**Restricted**
**Funds**
**£**
38,021
(8,709)
29,312
-
29,312
29,312
105,269
-
105,269
-
-
-
-|**Unrestricted**
**Total**
**General**
**2025**
**Fund**
**As restated**
**£**
**£**
59,952
27,200
(2,988)
(5,269)
56,964
21,931
16,629
21,931
40,335
-
56,964
21,931
175,615
70,346
285
1,967
175,900
72,313
1,440
900
2,240
2,100
-
127
3,680
3,127|**Restricted**
**Funds**
**As restated**
**£**
43,460
(5,439)
38,021
18,021
20,000
38,021
67,308
-
67,308
-
-
-
-|**Total**
**2024**
**As restated**
**£**
70,660
(10,708)|
|---|---|---|---|---|
|||||59,952|
|||||39,952
20,000|
|||||59,952|
|||||137,654
1,967|
|||||139,621|
|||||900
2,100
127|
|||||3,127|
The notes on page 8 to 11 form an integral part of these accounts.
Approved by the trustees and signed on their behalf by:-
**David Jerdan (Chairman)**
**Date:** 21/04/2026
7
## **CRAIL COMMUNITY PARTNERSHIP**
## **Notes to the Accounts**
## **for the year ended 31 December 2025**
## **1 Principal Accounting Policies**
## **1.1 Basis of Accounting**
These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The financial statements are prepared in sterling, which is the functional currency of the charity.
The 2024 financial statements were orginally prepared on an accruals basis. The 2024 comparatives have been restated to a receipts and payments basis. Note 8 shows the reconciliation of the transition from acrruals to a receipts and payments basis.
## **1.2 Nature and purpose of funds**
Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain an unrestricted general fund for the day-to-day running of the charity.
Restricted funds relate to grants received for a specific purpose.
## **2 Income from grants and donations**
|**Unrestricted**
**Funds**
**£**
Grants
-
Donations
1,186
1,186
**Income from charitable activities**
**Unrestricted**
**Funds**
**£**
Membership fees
20
Fundraising
15,263
Hall rents
26,536
41,819|**Restricted**
**Funds**
**£**
74,501
12,645
87,146
**Restricted**
**Funds**
**£**
-
-
-
-|**Total**
**2025**
**£**
74,501
13,831
88,332
**Total**
**2025**
**£**
20
15,263
26,536
41,819|**Unrestricted**
**Funds**
**£**
-
346
346
**Unrestricted**
**Funds**
**As restated**
**£**
50
16,559
26,604
43,213|**Restricted**
**Total**
**Funds**
**2024**
**£**
**£**
237,011
237,011
13,654
14,000
250,665
251,011
**Restricted**
**Total**
**Funds**
**2024**
**As restated As restated**
**£**
**£**
-
50
421
16,980
-
26,604
421
43,634|**Total**
**2024**
**£**
237,011
14,000|
|---|---|---|---|---|---|
||||||251,011|
||||||43,634|
## **3 Income from charitable activities**
8
## **CRAIL COMMUNITY PARTNERSHIP**
## **Notes to the Accounts**
**for the year ended 31 December 2025**
## **4 Expenditure on charitable activities**
|**Expenditure on charitable activities**|||||
|---|---|---|---|---|
|**Unrestricted**
**Funds**
**£**
Salaries and pension
2,295
Professional services
240
Consulting
-
Maintenance costs
8,026
Cleaning
759
Utilities phone and wifi
6,981
Advertising
1,413
Licences
200
Insurance
2,580
Bank fees
270
Office costs
3,414
26,178|**Restricted**
**Funds**
**£**
16,991
8,876
3,240
10,433
-
-
-
-
-
-
995
40,535|**Total Unrestricted**
**2025**
**Funds**
**As restated**
**£**
**£**
19,286
14,163
9,116
230
3,240
-
18,459
9,348
759
2,597
6,981
9,406
1,413
218
200
480
2,580
2,008
270
52
4,409
577
66,713
39,079|**Restricted**
**Funds**
**As restated**
**£**
3,500
208,899
3,130
14,918
-
-
30
-
166
-
1,597
232,240|**Total**
**2024**
**As restated**
**£**
17,663
209,129
3,130
24,266
2,597
9,406
248
480
2,174
52
2,174|
|||||271,319|
## **5 Governance costs**
|**Unrestricted**
**Funds**
**£**
Legal fees
-
Payroll fees
287
Independent Examination fee
1,800
2,087|**Restricted**
**Funds**
**£**
-
-
-
-|**Total Unrestricted**
**2025**
**Funds**
**As restated**
**£**
**£**
-
500
287
282
1,800
-
2,087
782|**Restricted**
**Funds**
**As restated**
**£**
-
-
-
-|**Total**
**2024**
**As restated**
**£**
500
282
-|
|---|---|---|---|---|
|||||782|
## **6 Related party transactions**
## **6.1 Trustees**
The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or in kind.
Donations to the charity during the year from trustees were £320 (2024 - £nil).
## **7 Reconciliations on adoption of Receipts and Payments basis**
## **Reconciliation of equity**
|**Reconciliation of equity**||
|---|---|
||**31 December**|
||**2024**|
||**£**|
|Balance sheet reported under FRS102|144,785|
|Less fixed assets at net book value|(85,960)|
|Less debtors|(1,967)|
|Less prepayments|(677)|
|Add liabilities|3,771|
|Statement of balances as reported under receipts and payments basis|59,952|
|**Reconciliation of profit for the financial period**||
||**2024**|
||**£**|
|Surplus for year to 31 December 2024 reported under FRS102|7,265|
|Debtors|(1,487)|
|Prepayments|(377)|
|Creditors|(4,711)|
|Accruals|(1,058)|
|Purchase of assets|(22,534)|
|Depreciation|12,194|
|Surplus for year to 31 December 2024 reported under receipts and payments basis|(10,708)|
9
## **CRAIL COMMUNITY PARTNERSHIP**
## **Notes to the Accounts for the year ended 31 December 2025**
|**8**
**Movement in funds 2025**
**Restricted funds**
Denburn Wood
South Kilminning Wetlands
Victoria Gardens Planting and Upkeep
Playground
West Braes Project
Local Place Plan
Airfield Defence fund
Pickleball
Curtains
Crail Community Hall (incl heating)
Crail Community Hall Events Coordinator
Bow Butts
Roome Bay Proposed Improvements
Pinkerton Triangle
Table Tennis Funds
Crail Kirk
Fife Ness Muir|**At 1 January**
**2025**
**£**
25
8,595
1,844
5,603
1,629
1,699
-
-
2,533
4,554
4,124
3,462
1,622
1,581
750
-
-
38,021|**Income**
**£**
-
125
200
18,177
-
6,240
8,331
230
-
39,355
11,970
-
-
-
132
200
2,186
87,146|**Expenditure**
**£**
-
(4,018)
-
(18,177)
(153)
(6,779)
(6,270)
(230)
(846)
(40,323)
(16,991)
(2,517)
-
(369)
-
(79)
-
(96,752)|**At 31 December**
**Transfers**
**2025**
**£**
**£**
-
25
-
4,702
-
2,044
-
5,603
-
1,476
-
1,160
-
2,061
-
-
-
1,687
-
3,586
897
-
-
945
-
1,622
-
1,212
-
882
-
121
-
2,186
897
29,312|**At 31 December**
**Transfers**
**2025**
**£**
**£**
-
25
-
4,702
-
2,044
-
5,603
-
1,476
-
1,160
-
2,061
-
-
-
1,687
-
3,586
897
-
-
945
-
1,622
-
1,212
-
882
-
121
-
2,186
897
29,312|
|---|---|---|---|---|---|
||||||29,312|
**Movement in funds 2024**
|**Movement in funds 2024**||||||
|---|---|---|---|---|---|
|**Restricted funds**
Denburn Wood
South Kilminning Wetlands
Victoria Gardens Planting and Upkeep
Playground
West Braes Project
Local Place Plan
Curtains
Crail Community Hall (incl heating)
Crail Community Hall Events Coordinator
Bow Butts
Roome Bay Proposed Improvements
Pinkerton Triangle
Table Tennis Funds|**At 1 January**
**2024**
**As restated**
**£**
-
12,944
1,588
-
2,736
1,727
-
13,550
3,500
3,462
1,622
1,581
750
43,460|**Income**
**£**
450
205,138
2,542
5,603
-
6,627
21,066
5,536
4,124
-
-
-
-
251,086|**Expenditure**
**As restated**
**£**
(425)
(209,487)
(2,286)
-
(1,107)
(6,655)
(18,533)
(14,532)
(3,500)
-
-
-
-
(256,525)|**At 31 December**
**Transfers**
**2024**
**As restated**
**£**
**£**
-
25
-
8,595
-
1,844
-
5,603
-
1,629
-
1,699
-
2,533
-
4,554
-
4,124
-
3,462
-
1,622
-
1,581
-
750
-
38,021||
||||||38,021|
10
## **CRAIL COMMUNITY PARTNERSHIP**
## **Notes to the Accounts for the year ended 31 December 2025**
## **9 Movement in funds (continued)**
## **Restricted funds**
## **Denburn Wood**
Funds received to assist with the costs associated with acquiring community land.
## **South Kilminning Wetlands**
Funds received from Nature Scotland and the Crail Common Good Fund to develop Crail Airfield and the Kilminning Nature Reserve into a wetlands bird sanctuary.
## **Victoria Gardens Planting and Upkeep**
Funds received for the upkeep and development of the public garden area. **Playground**
Funds received from the Co-op and Fife Environmental Trust to upgrade the children's playground. **West Braes Project**
Funds received to acquire and maintain a small parcel of land for commuity use. **Local Place Plan**
Funds received to update the existing Local Place Plan and run sustainability workshops. **Airfield Defence fund**
Funds received to challenge planning application at airfield. **Pickleball**
Funds received to purchase pickleball equipment. **Curtains**
Funds received from the National Lottery and crowdfunding for new thermal curtains. **Crail Community Hall**
Funds received to upgrade the hall. **Crail Community Hall Events Coordinator**
Funds received to fund the coordinator's costs. A transfer was made from unrestricted funds to cover costs in the year.
## **Bow Butts**
Funds received to maintain community land. **Roome Bay Proposed Improvements**
Funds received to carry out a detailed study for improvements of the area including the development of the exisiting amenity block.
## **Pinkerton Triangle**
Funds received to develop a small community wetland area. **Table Tennis Funds**
Funds received from the closure of the local club and held for the future development of the sport. **Crail Kirk**
Funds received towrds a business plan for the Kirk building. **Fife Ness Muir**
Funds received to assist with the costs associated with acquiring community land.
## **10 Fixed Assets**
The Community hall (cost £20,000) and land at Bow Butts, Kilminning South and Pinkerton triangle (cost £1 each) were acquired from Fife Council under the Scottish Government Asset Transfer Scheme in 2021. Under the terms of the purchase agreements, the trustees must continue to own and use the property and land for the purposes set out in the Community Asset Transfer application for 15 years following the date of transfer. Fife Council have a right to a clawback payment if there is any deviation from the the transfer agreement. This clawback payment would be calculated as the difference between the market value of the property/land, at that time, and the subsidised price actually paid by the charity. The clawback payment reduces by 6% per annum. Fife Council has a Standard Security in place over the assets transferred. Land at West Braes was also transferred to the charity at no cost from the former owner.
11