## CASTLEHILL COMMUNITY ASSOCIATION SCIO Scottish Charity Number SC049655 TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ending 31[st] March 2025 ## TRUSTEES FOR 2021/2022 ## CONTACT ADDRESS Castlehill Community Centre Cupar Fife KY15 4HA ## INDEPENDENT EXAMINER ## BANKERS Bank of Scotland ## OPERATING ADDRESS North East Fife Credit Union Castlehill Community Centre Cupar Fife KY15 4HA The Trustees of CASTLEHILL COMMUNITY ASSOCIATION submit their report and accounts for the year to 31[st] March 2025. ## **Recruitment and Appointment of Trustees** CASTLEHILL ASSOCIATION is governed by its Constitution. The Association is registered as a Charity in Scotland. The Trustees are listed on the previous page. Trustees are elected at the Annual General Meeting held in May of each year. The Trustees shall have the power on behalf of the group to raise, spend and hold funds in a bank or otherwise which will further the aims of the group. ## **Governing Document** CASTLEHILL COMMUNITY ASSOCIATION IS A Scottish Charitable incorporated association and its purposes and administration arrangements are set out in its constitution. ## **Charitable Purposes** The main aim of the group shall be: 1. Provide and manage property for the use of the local community. 2. Encourage other Charitable activities through which the local community can inspire both individuals and groups to come together to create and develop a more positive locality and environment. ## **Activities and Achievements** The results for the period are set out in the attached accounts. During this current year the new committee have continued to provide affordable spaces for a variety of groups to encourage community leisure activities and to meet other needs within the local community. Castlehill Community Association have continued to maintain and make improvements to the interior of their premises. The use of the Community Centre has increased. ## **Trustee Remuneration and Expenses** Any expenses and remuneration to Trustees are included in the attached financial statement. ## **Financial Review** The Charity’s current unrestricted funds at the end of the year is £6,443.00. Approved by the Trustees and signed on their behalf by: Raymond H Young APFENDIX 2 Castlehill Community Association SC049655 OSCR Receipts and payments accounts For the period from Scottish Charrtv Regulator oi Apnl 2024 31 Marth Section A Statement of receipts and payments Unr•stri¢t•d funds Expendable tndowment fvnds Perrnanent endowrnent funds Total funds ¢uFrent peri¢xl Total lunds last perio fun A1 Receipts D(M￿￿OnS Legac Grants 4.990 Receipts frun fundraising activil Gross trading recwpls Incorrr ftorn investsnents land arKJ bulkji￿5 Rents frotn larKI & buiklings Gross reC￿p frixn othei ch acbvrties 1737 1737 her th ble Al Sub total 1Q7e6 1Q766 A2 R•c•ipts from •ss•t & investment sales Pr(KeeiJs from sale of ffxe¢J assets Proceeds from sale ol iThvestmenls A2 Sub totsl Total rncdpts 1Q7É6 1Q766 A3 Payments Expenses for lundraLskng acttr4lUes Cross tra(Jing payments Inve5ttnent rnanage￿￿nl costs PayTnent5 relating ijiiedy lo charil activrties Grants and donatKJns 18.168 1(168 Govemance costs.. Audrt l indeFth1ent examlnatknn Pieparation of annu￿ ac(ount5 Legal costs othet A3 Sub totsl 1l168 A4 Payments relating to ass•t and investment movements Purchases of fixed assets Purchase of investment5 A4 Sub totsl 1B.160 1&161 Net Trc*pts /{payrt￿ts} 11. 1A02 A5 Transfers to I (from) funds Sutrplu31(delklt) foryear {1M021 Castlehlll Communlty Assoclatlon Section B Statement of balances SC049655 B1 Cash funds &xF4ts I Idefiutl (ffi rece* {1A02) 11.4021 7W5 443 cawl(s)) 7J45 B2 knv•stm•nts Totsi B3 (Xher assets DetaThs B4 Liabiliti•s Toui 85 Contingtnt liatiilitiès Date approval Castlehill Communty Association SC049655 Additlonal analysls (1) Analysis al f￿•1p￿ and paym•nts 1 Donatlons 2 Grants Tot* la5ty Total Trtsl cwrwrt TOW laitpufiod Tc￿1 4 Paym•nts r•latmg dii•cty to ¢haritab* a¢tivits Tol* la5tw Ga5 & El8dn"c 183 743 1218 6.183 T42 1,218 in Rwrt Telecorrts (Incf236 reknll -I'i'i)-" 350 433 Totsl 11168 ## **Castlehill Association (SCIO)** Charity No SC049655 I report on the accounts of the charity for the year ended 31°[t] March 2025 which are set out on the following pages. ## **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. The charity trustees consider that the audit requirement of Regulation 10(1)(d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1)(c) of the Act and to state whether particular matters have come to my attention. ## **Basis of independent examiner's statement** My examination is 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 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. Name: I can confirm I have looked over the Trustee's Annual Report and Financial Statement for the Year Ending 31[st] March 2025. I am satisfied everything is in order for the year ending 31st March 2025 As far as I am concerned this should pose no issue for any funders.