2025-08-31-accounts - Hawick Common Riding Committee SCIO

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REGISTERED CHARITY NUMBER: SC049647

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

HAWICK COMMON RIDING COMMITTEE (SCIO)

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025

		Page
ReportoftheTrustees	1	to	5
Independent Examiner's Report		6
Statement ofFinancial Activities		7
Balance Sheet		8
NotestotheFinancialStatements	9	to	18

HAWICK COMMON RIDING COMMITTEE (SCIO) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025

The trustees present their report with the financial statements of the charity for the year ended 31st August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The principal objects of the Committee shall be to uphold and continue the Heritage, Customs and Traditions of the Common-Riding for the benefit of the people of Hawick and to annually accept responsibility to ensure the proper conduct of the ceremonies.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The Common Riding of 2025 was another successful celebration of our customs and traditions. The current financial crisis again impacted on our mounted support and some ticket sales.

The weather impacted on ticket sales at Hawick Moor and we are also aware that Covid is still around. Police Scotland amended their policy in relation to charging charities and therefore there is no charge for their services in 2024 and again in 2025, but we are aware this may change going forward.

In order to progress the improvement of facilities at the racecourse the committee agreed to support Friends of Hawick Mair by paying for the costs associated with getting a business plan and building plans drawn up. The project aims to improve the facilities available to the townsfolk of Hawick on the Mair.

FINANCIAL REVIEW

Financial position

Total Incoming Resources decreased during the year by £1,756 from £128,526 to £126,770

Expenditure increased by £18,902 from £106,401 to £125,303.

Total reserves at 31st August 2025 stood at £241,472.

Risk management and reserves policy

The Committee aim to hold at least one year's expenditure in the General Fund, At present the funds are well in excess of this amount although projects to utilise the funds are underway or in planning. The committee are aware that it may not receive the SBC Grant in the future and robust efficiencies must be made to make the Common Riding financially sustainable.

The current economic climate may also impact the Common Riding financially, and the Cornet's mounted support.

The Committee made the decision to purchase ten gold medals, to safeguard against future increases in price of gold for the years to come.

Page 1

HAWICK COMMON RIDING COMMITTEE (SCIO)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025

FUTURE PLANS

The Common Riding Committee initially earmarked £120,000 for future projects. During the year costs relating to Hawick Mair project have been deducted from this. Our main project, which was to replace the current Committee Rooms at Hawick Moor, has now been put on hold, due to proposed plans from another organisation. While the Committee buildings are still on hold the Committee hope this will progress in the forthcoming year.

The Committee invested in a whisky cask with partners Borders Distillery as a future investment.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

OSCR gave Hawick Common Riding Committee permission to become a Scottish Charitable Incorporated Organisation (SCIO) on 30/09/2019. Hawick Common Riding Committee (SCIO) operates with the same name as the previously unincorporated charity (SC038913) having transferred all of its activities, assets and liabilities from 30/07/2020. The charity is governed by its constitution.

Hawick Common Riding Committee (SC038913) was removed from the Scottish Charities Register 18/08/2020.

Page 2

HAWICK COMMON RIDING COMMITTEE (SCIO) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Committee shall consist of:-

12 Ward Members (6 representatives from each of the 2 Wards)
| Community Councillors from Burnfoot Council
| Community Councillors from Hawick Council - 8 Public members.
4 Principals
- 1 Member elected from the Drum & Fife Band

All Trustees shall be members of the Ceremonial/General Committee who will be responsible for overall administration and endorsement, or otherwise, of Sub-Committee recommendations and all Ceremonial matters, as appropriate, in association with the Honorary Provost's Council.

The work of the Committee shall also be carried out through the following sub-committees:- Race Committee - To deal with all Race matters including Ceremonial races.
Ticket & Gatemen Committee - All manning of gates. Collection of ticket monies.
- Hut Committee - All matters relating to Ceremonial functions within St. Leonard's Hut, - Ball Committee - All matters relating to the Common-Riding Dinner and Ball.
Finance Committee - All financial matters.
- Sponsorship Committee - All matters relating to sponsorship. - Executive Committee - The office bearers, sub-committee conveners and life members shall address any matters that require immediate attention, where time does not permit the relevant Committee to meet.

The Principals shall be members of the Ceremonial/General and Race Committees only, will not be eligible to hold office but shall have full voting rights.

The Public members shall be persons of proven experience and recognised supporters of the Common-Riding whose names have been put forward and agreed by the committee at the last Ceremonial and General Committee meeting before the A.G.M. The names of those selected will then be submitted to the Honorary Provosts Council for their ratification prior to the A.G.M. Should a vacancy arise appointment of new members will be decided by the full Ceremonial and General Committee and ratified by the Honorary Provosts Council. Ward representatives must reside in the ward they represent when seeking election and must reside in the ward they represent unless they have moved during the term. Should any ward vacancy not be filled the Committee may, at their discretion, ask a person from any ward to represent the vacant ward for one term. In the case of a vacancy occurring during the term, then to fill such vacancy for the remainder of the term.

Any committee member missing 3 consecutive full meetings shall be asked to stand down.

Honorary Life Members shall be those members of long service to the Committee who, in the opinion of the General Committee and in recognition of their service, shall be invited to become Honorary Life Members. They shall be entitled to attend all meetings where their advice and experience will be invaluable, however, as a condition shall relinquish their former voting rights and shall not be eligible to hold office.

The term of office shall be for three years. Members shall be eligible for re-election. Members joining the Committee during this period will serve for the balance of the three-year term. Meetings are held regularly during the year for both the Committee and Sub-Committees.

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HAWICK COMMON RIDING COMMITTEE (SCIO)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number $C049647

Independent Examiner

JRW Hogg & Thorburn LLP Chartered Accountants 19 Buccleuch Street Hawick

Roxburghshire TD9 OHL

Page 4

HAWICK COMMON RIDING COMMITTEE (SCIO)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025

Approved by order of the board of trustees on 30th October 2025 and signed on its behalf by:

Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAWICK COMMON RIDING COMMITTEE (SCIO)

I report on the accounts for the year ended 31st August 2025 set out on pages seven to eighteen,

Respective responsibilities of 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's 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 as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as 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 connection with 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 to comply with Regulation 8 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.

JRW Hogg & Thorburn LLP Chartered Accountants 19 Buccleuch Street Hawick Roxburghshire TD9 OHL

30th October 2025

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HAWICK COMMON RIDING COMMITTEE (SCIO)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2025

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||||||||| |---|---|---|---|---|---|---|---| |2025|2024| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |Notes|£|£|£|£| |INCOME|AND ENDOWMENTS|FROM| |Charitable|activities|4| |Hawick Moor|57,901|.|57,901|63,380| |Town|Hall|Dinner &|Ball|7,309|-|7,309|6,478| |Ceremonial|38,236|-|38,236|39,112| |Civic|414|-|414|918| |Grant|-|Scottish|Borders Council|9,300|1,759|11,059|11,254| |Patrons|4,441|-|4.441|3,790| |Other trading|activities|2|3,756|-|3,756|-| |Investment|income|3|3,654|-|3,654|3,594| |Total|125,011|1,759|126,770|128,526| |EXPENDITURE|ON| |Raising funds|5|4,057|-|4,057|-| |Charitable|activities|6| |Hawick Moor|54,126|1,759|$5,885|50,733| |Town|Hall|Dinner &|Ball|8,857|-|8,857|8,739| |Ceremonial|41,275|-|41,275|40,366| |Civic|6,229|-|6,229|6,563| |Projects|9,000|-|9.000|-| |Total|123,544|1,759|125,303|106,401| |NET INCOME|1,467|-|1,467|22,125| |RECONCILIATION|OF|FUNDS| |Total|funds|brought forward|240,005|-|240,005|217,880| |TOTAL FUNDS CARRIED FORWARD|241,472|-|241,472|240,005|

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The notes form part of these financial statements

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HAWICK COMMON RIDING COMMITTEE (SCIO)

BALANCE SHEET

31ST AUGUST 2025

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|||||||||| |---|---|---|---|---|---|---|---|---| |2025|2024| |Notes|£|£| |CURRENT|ASSETS| |Stocks|11|12,591|2,489| |Cash|at|bank|and|in|hand|12|231,449|238,427| |244,040|240,916| |CREDITORS| |Amounts|falling due within|one|year|13|(2,568)|(911)| |NET CURRENT ASSETS|241,472|240,005| |TOTAL ASSETS|LESS|CURRENT| |LIABILITIES|241,472|240,005| |NET|ASSETS|241,472|240,005| |FUNDS|15| |Unrestricted|funds:| |General|fund|130,472|120,005| |Projects|Fund|111,000|120,000| |241,472|240,005| |TOTAL FUNDS|241,472|240,005|

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The financial statements were approved by the Board of Trustees and authorised for issue on 30th October 2025 and were signed on its behalf by:

The notes form part of these financial statements

Page 8

ACCOUNTING POLICIES

HAWICK COMMON RIDING COMMITTEE (SCIO) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention.

Going concern

The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for a period of not less than twelve months. The trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources,

Allocation and apportionment of costs

Support costs are allocated as a percentage across the main charitable activities; 25% Hawick Moor Horse Racing, 25% Town Hall Dinner and Ball, 25% Ceremonial and 25% Civic.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

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

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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HAWICK COMMON RIDING COMMITTEE (SCIO) NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST AUGUST 2025

1. ACCOUNTING POLICIES- continued

Financial assets

Basic financial assets, including trade and other debtors and bank balances, are initially recognised at transaction price.

At the end of each reporting period financial assets measured at cost are assessed for evidence of impairment. Any impairment loss is recognised in the Statement of Financial Activities. Financial assets are derecognised when the contractual rights to the cash flows from the asset expire or are settled.

Financial liabilities

Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. These are classed as current liabilities if payment is due within one year or less. If not they are presented as non-current liabilities.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

2. OTHER TRADING ACTIVITIES

				2025	2024
				£	£
	Fundraisingevents			3,756	-
3.	INVESTMENT INCOME
				2025	2024
				£	£
	Deposit account interest			3,654	3,594
4,	INCOMEFROMCHARITABLEACTIVITIES	ACTIVITIES
			Town Hall
		Hawick	Dinner&
		Moor	Ball	Ceremonial	Civic
		£	£	£	£
	Admission & ticket sales	35,397	5,709	-	-
	Grants	-	-	-	-
	Racecards	679	-	-	-
	Bookmakers& Krames	3,405	-	-	-
	Franchise	5,550	1,600	-	-
	EntryMoney	3,140	-	-	-
	Donations& Sponsorship	9,730	-	1,202	-
	St Leonard's Hut	-	-	13,315	-
	ColourBussing	-	-	4,700	-
	Cornet's Timetable	-	-	9,379	-
	Cornet's Smoker	-	-	1,838	-
	Sale ofCornet's Tie	-	-	7,738	.
	Carriedforward	57,901	7,309	38,172	-

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HAWICK COMMON RIDING COMMITTEE (SCIO)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025

4. INCOME FROM CHARITABLE ACTIVITIES- continued

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|||||||||| |---|---|---|---|---|---|---|---|---| |Town|Hall| |Hawick|Dinner &| |Moor|Ball|Ceremonial|Civic| |£|£|£|£| |Brought|forward|57,901|7,309|38,172|-| |Overseas Night|-|-|64|414| |57,901|7,309|38,236|414| |2025|2024| |Grant|-| |Scottish| |Borders|Total|Total| |Council|Patrons|activities|activities| |£|£|£|£| |Admission &|ticket|sales|-|-|41,106|48,103| |Grants|11,059|-|11,059|11,254| |Racecards|-|-|679|468| |Bookmakers & Krames|-|-|3,405|2,245| |Franchise|-|-|7,150|7,450| |Entry Money|-|-|3,140|3,530| |Donations &|Sponsorship|-|4,441|15,373|16,502| |St Leonard's|Hut|-|-|13,315|13,027| |Colour|Bussing|-|-|4,700|4,122| |Cornet's|Timetable|-|-|9,379|7,918| |Cornet's|Smoker|-|-|1,838|1,250| |Sale|of Cornet's Tie|-|-|7,738|8,045| |Overseas Night|-|-|478|1,018| |11,059|4,44]|119,360|124,932| |Grants|received,|included|in|the|above,|are|as|follows:| |2025|2024| |£|£| |Scottish|Borders Council Council|11,059|11,254|

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Grants received, included in the above, are as follows:

Scottish Borders Council Council

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HAWICK COMMON RIDING COMMITTEE (SCIO)

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST AUGUST 2025

5. RAISING FUNDS

Raising donations and legacies

Raising donations andand legacies
		2025	2024
		£	£
Patrons dinner		4,057	-
Othertrading activities
		2025	2024
		£	if
Purchases		2,400	-
Closing stock		(2,400)	-
Aggregate amounts		4,057	-
CHARITABLE ACTIVITIES COSTS
	Direct	Support
	Costs (see	costs (see
	note 7)	note 8)	Totals
	£	£	£
HawickMoor	53,250	2,635	55,885
Town Hall Dinner& Ball Ceremonial	6,223 38,639	2,634 2,636	8.857 41,275
Civic Projects	3,593 9,000	2,636 -	6,229 9,000
	110,705	10,541	121,246

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HAWICK COMMON RIDING COMMITTEE (SCIO)

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST AUGUST 2025

7. DIRECT COSTS OF CHARITABLE ACTIVITIES

	2025	2024
	£	£
Project costs	9,000	-
Printing& Advertising Sundries	4,154 788	3,920 1,955
Prizes& Expenses Ambulance	15,960 2,900	15,410 2,300
Course Preparation	2,958	3,597
RaceAttendants	13,105	14,404
HireofPortaloos&Cleaning	10,528	10,057
Moor Repairs	4,680	-
Catering	505	319
Common RidingDinner	5,845	5,219
HireofTown Hall	49]	494
Allowancesto Principals	9,958	6,694
OtherAllowances	547	535
Drum& Fife Band, Saxhorn Band	1,418	1,350
StLeonard's Hut	1,032	2,130
Colour Bussing& NipKnowes	4,523	3,973
Cornet's Smoker	315	325
Cornet's Stables	258	2,141
Cars& Buses	3,615	3,903
PrintingTimetables	4,825	4,705
Uniforms incl. Cornet's Tie Presentations	8,635 1,895	8,498 1,890
Honorary Provost Breakfast	1,168	1,450
Honorary Provost Reception	50	50
OverseasNight	1,412	1,444
Honorary Provost Tent	90	89
Election Night	50	50
	110,705	96,902

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HAWICK COMMON RIDING COMMITTEE (SCIO)

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST AUGUST 2025

8. SUPPORT COSTS

SUPPORT COSTSCOSTS
			Governance
		Finance	costs	Totals
		£	£	£
HawickMoor		2,185	450	2,635
Town Hall Dinner& Ball		2.184	450	2,634
Ceremonial		2,186	450	2,636
Civic		2,186	450	2,636
		8,741	1,800	10,541
Activity	Basisofallocation
Finance	% across main charitable	activities
Governance costs	% across main charitable	activities
Support costs, included in the above, are as follows:
			Town Hall
		Hawick	Dinner&
		Moor	Ball	Ceremonial
		£	£	£
Rent		75	75	75
Insurance		452	45]	45]
Telephone and internet		48	48	48
Sundries		358	358	359
Secretary'sand treasurershonorarium	honorarium	1,252	1,252	1,253
Accountancy		450	450	450
		2,635	2,634	2,636
			2025	2024
			Total	Total
		Civic	activities	activities
		£	£	£
Rent		75	300	300
Insurance		451	1,805	1,853
Telephoneand internet		48	192	162
Sundries		359	1,434	1,322
Secretary'sand treasurers honorarium		1,253	5,010	4,122
Accountancy		450	1,800	1,740
		2,636	10,541	9,499

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HAWICK COMMON RIDING COMMITTEE (SCIO)

TRUSTEES' REMUNERATION AND BENEFITS

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST AUGUST 2025

Allowances totalling £8,698 (2024, £5,464) and uniforms expenditure of £1,146 (2024, £1,223) were payable to, or on behalf of, the four principals and their partners. These payments are a contribution towards expenses incurred personally by the principals in carrying out their duties.

Trustees’ expenses

No remuneration is paid to any trustee in connection with their work in serving on the committee.

.COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES	.COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES	.COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES
	Unrestricted	Restricted	Total
	funds	funds	funds
	£	£	£
INCOME AND ENDOWMENTSFROM
Charitable activities
HawickMoor	63,380	-	63,380
Town Hall Dinner & Ball	6,478	-	6,478
Ceremonial	39,112	-	39,112
Civic	918	-	918
Grant - Scottish Borders Council	9,300	1,954	11,254
Patrons	3,790	-	3,790
Investment income	3,594	-	3,594
Total	126,572	1,954	128,526
EXPENDITURE ON
Charitable activities
HawickMoor	48,779	1,954	50,733
Town HallDinner& Ball Ceremonial	8,739 40,366	- -	8,739 40,366
Civic	6,563	-	6,563
Total	104,447	1,954	106,401
NETINCOME	22,125	-	22,125
RECONCILIATIONOFFUNDS
Total funds brought forward	217,880	-	217,880
TOTAL FUNDSCARRIED
FORWARD	240,005	-	240,005

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HAWICK COMMON RIDING COMMITTEE (SCIO)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025

11.	STOCKS
				2025	2024
				£	£
	Stocks			12,591	2,489
12.	CASH ATBANK AND INHAND
				2025	2024
		General fund	Projects Fund	Total funds	Total funds
		£	£	£	£
	Cash in hand	92	-	92	12
	Bankofscotland business account	-	-	-	26,149
	Virgin moneynotice account	32,322	47,169	79,491	77,328
	RBS business reserve account	23,443	63,831	87,274	86,095
	BOS Notice account	25,000	-	25,000	25,000
	BOScomm instaccess	39,592	-	39,592	23,843
	Total	120,449	111,000	231,449	238,427
13.	CREDITORS: AMOUNTS FALLING	DUEWITHINONE	ONE YEAR
				2025	2024
				£	£
	Accruals and deferred income			2,568	911
14.	ANALYSIS OFNETASSETSBETWEENFUNDS
				2025	2024
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		£	£	£	£
	Currentassets	244,040	-	244,040	240,916
	Current liabilities	(2,568)	-	(2,568)	(911)
		241,472	-	241,472	240,005

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HAWICK COMMON RIDING COMMITTEE (SCIO)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025

15. MOVEMENT IN FUNDS

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Net| |movement|At| |At|1.9.24|in|funds|31.8.25| |£|£|£| |Unrestricted|funds| |General|fund|120,005|10,467|130,472| |Projects|Fund|120,000|(9,000)|111,000| |240,005|1,467|241,472| |TOTAL FUNDS|240,005|1,467|241,472| |Net movement|in|funds,|included|in|the|above|are|as|follows:| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|125,011|(114,544)|10,467| |Projects Fund|-|(9,000)|(9,000)| |125,011|(123,544)|1,467| |Restricted|funds| |Common|Good|Fund|1,759|(1,759)|-| |TOTAL FUNDS|126,770|(125,303)|1,467| |Comparatives|for movement|in|funds| |Net| |movement|At| |At|1.9.23|in|funds|31.8.24| |£|£|£| |Unrestricted|funds| |General|fund|97,880|22,125|120,005| |Projects Fund|120,000|-|120,000| |217,880|22,125|240,005| |TOTAL FUNDS|217,880|22,125|240,005|

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HAWICK COMMON RIDING COMMITTEE (SCIO)

MOVEMENT IN FUNDS- continued

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST AUGUST 2025

Comparative net movement in funds, included in the above are as follows:

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|||||| |---|---|---|---|---| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|126,572|(104,447)|22,125| |Restricted|funds| |Common Good|Fund|1,954|(1,954)|-| |TOTAL FUNDS|128,526|(106,401)|22,125|

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Nature & purpose of fund;

General fund - Used for the general running of the charity to meet its main objectives.

Projects fund - For projects to enhance our ceremonies and benefit other organisations in the community.

Common Good Fund - Additional funding received from SBC towards the cost of extra toilets required.

RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st August 2025.

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