**Seafield Seafront Trust Trustees’ Annual Report** Period 5 April 2024 to 6 April 2025 Seafield Seafront Trust Scottish Charity Number: SC050167 Smiddy, Camb, Yell, Shetland ZE2 9DA Telephone number: 07990648182 Email address: seafieldseafronttrust@gmail.com Facebook private group: seafieldseafronttrust ## **Charity Trustees** 1. John Tonner, Convenor (Resigned: 18[th] September 2024) 2. Erland Smith, Treasurer 3. Stuart Bruce, Secretary 4. Robert Williamson, Charity Trustee (Resigned: 18[th] September 2024) 5. Rowland Morewood, Charity Trustee 6. Keith, Smith, Charity Trustee 7. Kirsty Bruce, Charity Trustee 8. Vacancy, Charity Trustee ## **Objectives and activities** The Seafield Seafront Trust was formed so as to accept on behalf of the community, the seafront area of North-A-Voe, Yell, Shetland. This area incorporates the listed structures: pier, bulwarks, herring station, noosts, ruined storehouse, all relating to Charles Ogilvy, early 19th century merchant. This area is to be gifted to the Trust by the owners of the Seafield Estate. Our purposes are: - advancement of heritage and culture; - provision of an area for the organisation of recreational activities with the object of improving the conditions of life for the local residents; and - advancement of environmental protection and improvement. The Trust’s activities are concentrated on Seafield, North-A-Voe, Yell, Shetland Islands. The folk in North-A-Voe are without a location for social and cultural activities due to the decline of the local hall, loss of a local post office and general reduction in public amenity. It is the Trust’s aim that Seafield can become a hub for local community activity. The Trust’s approach is to work with the community to develop a long-term plan for the development of Seafield as a linear park. **2** ## **Structure, governance and management** The Seafield Seafront Trust is a Scottish Charitable Incorporated Organisation. On the 20[th] of May 2020, the Seafield Seafront Trust was awarded Scottish Charitable Incorporated Status by the Office of the Scottish Charity Regulator. The structure of the organisation consists of the CHARITY TRUSTEES who are also the organisation’s only members and comprise the organisation’s BOARD. The board comprises eight trustees. Trustee recruitment and appointment The trustee positions become vacant at the end of each year, and are filled through nominations presented at the annual general meeting. Qualifications for Charity Trusteeship Charity Trusteeship is open to; - any person aged 16 or over who is a resident of NorthA-Voe or who has personal connections to North-AVoe, and/or - any individual who has been nominated for membership by an unincorporated organisation; and/or - any corporate body, who subscribes to the purposes of the organisation and wishes to see them fulfilled. **3** ## **Achievements and performance** In our fifth year as a charity, the Trust has focused on reassessing its future direction. After careful consideration, the Trustees decided to discontinue the legal process to accept the gift of the Seafield Seafront from the Seafield Estate. This decision was prompted by the lack of progress in transferring the title to the Trust. The funds allocated for this process have now been fully spent, and despite these efforts, the Trust has been unable to secure the title within the available budget. Additionally, the significant time lapse—nearly five years—since the original offer of the gift has severely limited the Trust’s ability to advance its objectives. This challenge has also been reflected in the difficulty of filling an existing Trustee vacancy. With two further vacancies arising, the Trustees agreed it was prudent to pause any new financial commitments and reflect on the Trust’s future direction. The Trust held its Annual General Meeting on 18 September 2024 at 6:30 pm in the Rum Room, North-A-Voe. At the meeting, the Convenor, John Tonner, and Trustee, Robert Williamson, both announced that they would not seek re-election due to declining health. ## **Financial review** Details of any deficit The Trust has no financial deficits. Donated facilities and services The Trust did not receive any donated facilities or services during this reporting period. Financial Report A full financial report is available. Please email your request to the Trust for a digital copy: seafieldseafronttrust@gmail.com A summary of the financial year 5 April 24 – 6 April 25: Income from fundraising, grants and interest on bank account deposit: £389 Expenses: £475 Bank balance at the end of year: £6,561 **4** ## **Declaration** Signed on behalf of the charity trustees: Print name Designation Date ~~$$~~ **5** ## OSC **r** Office of the Scottish **Charity Regulator** ## **’ Independent examiner s report on the accounts V2** ||**Independent examiner’s report on the accountsV2**| |---|---| |**Report to the**
**trustees/members of**|**Report to the**
**trustees/members of**
**Seafield Seafront Trust SCIO**| |**Registered charity**
**number**|**Registered charity**
**number**
**SC050167**| |**On the accounts of the**
**charity for the period**
**Set out on pages**
**Respective**
**responsibilities of**
**trustees and examiner**|**On the accounts of the**
Period start date
Period end date
Day
Month
Year
Day
Month
Year
**6th**
**April**
**2024**
**to**
**5th**
**April**
**2025**
**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) 2005 Act and the
Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the
~~Se~~| ||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**|**Basis of independent**
My examination is carried out in accordance with Regulation 11 of the Charities| |**examiner’s statement**|**examiner’s statement**
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 accounts.| |**Independent examiner’s**
**statement**|**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.| |**Signed:**|**Signed:**
**Date:**
09/03/26| |**Name:**|**Name:**
Ellen Hughson| |**Relevant professional**
**qualification(s) or body:**|**Relevant professional**
**qualification(s) or body:**
ACIE: Associate| |**Address:**|**Address:**
VoluntaryAction Shetland| ||Market House,14 Market Street,Lerwick,Shetland,ZE1 0JP| Seafield Seafront Trust Page 6 of 11 IE Report SC050167 2024-25 ## **Disclosure section** Only complete if the examiner needs to highlight material problems. **Give here brief details of any items that the examiner wishes to disclose** Seafield Seafront Trust Page 7 of 11 IE Report Enter SC No. below APPENDIX 2 Enter charity name below **SC050167** ## **Seafield Seafront Trust** ||||||**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Period start date||||||||||Period end date|Period end date||||||| |||**For the period**
**from**||||06
Day|||April
Month|||||2024
Year|**to**|Day
05||Month
April||||Year
**2025**|||| |**Section A Statement of receipts and payments**|||||||||||||||||||||||||| |||**Unrestricted**
**funds**||||**Restricted**
**funds**|||||**Expendable**
**endowment**
**funds**|||||**Permanent**
**endowment**
**funds**||||**Total funds**
**current period**||||**Total funds last**
**period**|**Total funds last**| |||**to nearest £**||**to nearest £**||**to nearest £**|**to nearest £**||||**to nearest £**|||||**to nearest £**||||**to nearest £**||**to nearest £**||**to nearest £**|**to nearest £**| |**A1 Receipts**|||||||||||||||||||||||||| |Donations||**50**|**50**|**50**||||||||||||||||**50**|**50**|**50**||**1,385**|| |Legacies|||||||||||||||||||||||||| |Grants||||||**41**|**41**|**41**|**41**|||||||||||**41**|**41**|**41**||**4,364**|| |Receipts from fundraisingactivities||**-**|**-**|**-**||||||||||||||||**-**|**-**|**-**|||| |Gross tradingreceipts||||||||||||||||||||**-**|**-**|**-**|||| |Income from investments other than|||||||||||||||||||||||||| |land and buildings||||||||||||||||||||**-**|**-**|**-**|||| |Rents from land & buildings||||||||||||||||||||**-**|**-**|**-**|||| |Gross receipts from other charitable|||||||||||||||||||||||||| |activities||**209**|**209**|||||||||||||||||**209**|**209**|**209**||**178**|**178**| |Income from Bank Account Interest||**89**|**89**|**89**||||||||||||||||**89**|**89**|**89**||**61**|**61**| |**_A1 Sub total_**|**_A1 Sub total_**|**348**|**348**|||**41**|**41**|**41**|**41**||**-**|**-**|**-**|**-**||**-**|**-**|**-**||**389**|**389**|**389**||**5,988**|| |**A2 Receipts from asset &**|||||||||||||||||||||||||| |**investment sales**|||||||||||||||||||||||||| |Proceeds from sale of fixed assets
Proceeds from sale of investments
**_A2 Sub total_ -**
**-**
**-**
**_Total receipts_ 348**
**41**
**-**
~~—~~||||||||||||||||**-**
**-**|**-**
**-**|**-**
**-**||**-**
**-**
**-**
**389**|**-**
**-**
**-**
**389**|**-**
**-**
**-**
**389**||**-**
**5,988**|| |**A3 Payments**|||||||||||||||||||||||||| |Expenses for fundraising activities||||||||||||||||||||**-**|**-**|**-**|||| |Gross trading payments||||||||||||||||||||**-**|**-**|**-**|||| |Investment management costs||||||||||||||||||||**-**|**-**|**-**|||| |Payments relating directly to charitable|Payments relating directly to charitable||||||||||||||||||||||||| |activities||**35**|**35**|**35**||||||||||||||||**35**|**35**|**35**||**4,824**|| |Grants and donations|||||||||||||||||||||||||| |||||||||||||||||||||**-**|**-**|**-**|||| |Governance costs:|||||||||||||||||||||||||| |||||||||||||||||||||**-**|**-**|**-**|||| |Audit / independent examination||**88**|**88**|**88**||||||||||||||||**88**|**88**|**88**||**80**|**80**| |Preparation of annual accounts||**352**|**352**|||||||||||||||||**352**|**352**|**352**|||| |Legal costs||||||||||||||||||||**-**|**-**|**-**|||| |Other|Other|Other|||||||||||||||||||||||| |||||||||||||||||||||**-**|**-**|**-**|||| |||||||||||||||||||||**-**|**-**|**-**|||| |**_A3 Sub total_ **||**475**|**475**|||**-**|**-**|**-**|**-**||**-**|**-**|**-**|**-**||**-**|**-**|**-**||**475**|**475**|**475**||**4,904**|| |**A4 Payments relating to asset and**|||||||||||||||||||||||||| |**investment movements**|||||||||||||||||||||||||| |Purchases of fixed assets
Purchase of investments
**_A4 Sub total_ -**
**-**
**-**
**_Total payments_ 475**
**-**
**-**
~~—————~~||||||||||||||||**-**
**-**|**-**
**-**|**-**
**-**||**-**
**-**
**-**
**475**|**-**
**-**
**-**
**475**|**-**
**-**
**-**
**475**||**-**
**4,904**|| |**_Net receipts / (payments)_**
**A5 Transfers to / (from) funds**
**_Surplus / (deficit) for year_**|**127)**
**(**
**41**
**-**
**-**
**86)**
**(**
**1,084**
**-**
**127)**
**(**
**41**
**-**
**-**
**86)**
**(**
**1,084**
~~——————~~||||||||||||||||||||||||| Seafield Seafront Trust SC050167 R and P Accounts Page 8 of 11 2024-25 APPENDIX 2 **Seafield Seafront Trust** **SC050167** |**Section B Statement of balances**|**Section B Statement of balances**||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |**Categories**|**Details**||**Unrestricted**
**funds**||**Restricted funds**|||**Expendable**
**endowment**
**funds**||||**Permanent**
**endowment**
**funds**||**Total current**
**period**||**Total last period**|**Total last period**| ||||**to nearest £**||**to nearest £**|||**to nearest £**|**to nearest £**|||**to nearest £**||**to nearest £**||**to nearest £**|| |**B1 Cash funds**|**Cash and bank balances at end of year**
Cash and bank balances at start of year
Surplus / (deficit) shown on receipts and
payments account
~~= ~~|**6,647**
**6,647**
**5,563**
**127)**
**(**
**41**
**86)**
**(**
**1,084**
**-**
**-**
**6,520**
**41**
**-**
**-**
**6,561**
**6,647**
~~====-5~~|||||||||||||||| ||(Agree balances with receipts and payments||||||||||||||||| ||account(s))||-|-|-|-|-|-|-|-|-|-|-|-|-|-|-| ||**Details**|||||||**Fund to which asset belongs**|**Fund to which asset belongs**||**Fund to which asset belongs**|||**Market valuation**||**Last year**|| |||||||||||||||**to nearest £**||**to nearest £**|| |**B2 Investments**|~~=~~||||||**Total**
**-**
**-**
~~Ee~~||||||||||| ||**Details**||||**Fund to which asset belongs**||**Fund to which asset belongs**|||||**Cost (if available)**||**Current value (if**
**available)**||**Last year**|| |||||||||||||**to nearest £**||**to nearest £**||**to nearest £**|| |**B3 Other assets**|**Total**
**-**
**-**
**-**
~~=e~~||||||||||||||||**-**| ||**Details**|||||||**Fund to which liability relates**|**Fund to which liability relates**||**Fund to which liability relates**|||**Amount due**||**Last year**|| |||||||||||||||**to nearest £**||**to nearest £**|| |**B4 Liabilities**|~~=~~||||||**Total**
**-**
**-**
~~=.~~||||||||||| ||**Details**|||||||**Fund to which liability relates**|**Fund to which liability relates**||**Fund to which liability relates**|||**Amount due**
**(estimate)**||**Last year**|| |||||||||||||||**to nearest £**||**to nearest £**|| |**B5 Contingent liabilities**|||||||||||||||||| ||||||||||||||||||| ||||||||||||||||||| |||||||||||||**Total**||**-**|**-**|**-**|**-**| |**Signed by one or two trustees**
**on behalf of all the trustees**|**Signature***|||||||**Print Name**||||||||**Date of**
**approval**|| Seafield Seafront Trust SC050167 Statement of Balances Page 9 of 11 2024-25 APPENDIX 2 **Seafield Seafront Trust** **SC050167** ## **Section C Notes to the Accounts** **C1 Nature and purpose of General Unrestricted Fund** - to fund all charitable activities **funds** _(may be stated on analysis of funds worksheets)_ **Restricted Fund Yell Community Council** - Funds originally awarded in previous financial year nad sent onto solictor to complete legal works. Underspend of £41 returned this year. This will be returned to Yell CC in the next financial year. |**C3a Trustee remuneration**
**C4a Trustee expenses**
**C2 Grants**
**C4b Trustee expenses -**
**details**
**C3b Trustee remuneration -**
**details**
**C6 Other information**
**C5 Transactions with trustees**
**and connected persons**|**Type of activity or project supported**|**Type of activity or project supported**|**Individual /**
**institution**|**Number of grants**
**made**
**£**|**Number of grants**
**made**
**£**| |---|---|---|---|---|---| ||||||| ||||||| ||||||| ||||||| ||||||| |||||**Total**|**-**
| ||||||| ||If no remuneration was paid during the period to any charity trustee or person connected to a
trustee cross this box (otherwise complete section 3b)||||
**x**| ||**Authority under which paid**||||**£**| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||If no expenses were paid to any charity trustee during the period then cross
(otherwise complete section 4b)|||this box|**x**| |||**Nature of transaction**||**Number of**
**trustees**|**£**| ||||||| ||||||| ||||||| ||||||| ||||||| ||**Nature of relationship**
|||**Transaction**
**amount (£)**|**Balance**
**outstanding at**
**period end (£)**| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| Seafield Seafront TRust SC050167 Notes to Accounts Page 10 of 11 2024-25 APPENDIX 2 **Seafield Seafront Trust** **SC050167** ## **Additional analysis (1)** ## **Analysis of receipts and payments** ## **1 Donations** |**1 Donations**|**1 Donations**||||||||| |---|---|---|---|---|---|---|---|---|---| |||**Unrestricted**
**funds**
**to nearest £**||**Restricted funds**
**to nearest £**|**Expendable**
**endowment**
**funds**
**to nearest £**|**Permanent**
**endowment**
**funds**
**to nearest £**|**Total current**
**period**
**to nearest £**||**Total last period**
**to nearest £**| ||||||||**-**||| |Donations various||**50**|||||**50**||**1,385**| ||||||||**-**||| ||||||||**-**||| |**Total**
**2 Grants**||**50**||**-**|**-**|**-**|**50**||**1,385**| |||**-**
**Unrestricted**
**funds**
**to nearest £**||**-**
**Restricted funds**
**to nearest £**|**-**|**-**|**-**
**Total current**
**period**
**to nearest £**||**-**
**Total last period**
**to nearest £**| |Yell Community Council||||**41**|||**41**||**50**| |Coastal Communities Fund - SIC|||||||**-**||**4,314**| ||||||||**-**||| ||||||||**-**||| |**Total**
**3 Gross receipts from other charitable activities**||**-**||**41**|||**41**||**4,364**| |||**-**
**Unrestricted**
**funds**
**to nearest £**
||**-**
**Restricted funds**
**to nearest £**|**Expendable**
**endowment**
**funds**
**to nearest £**|**Permanent**
**endowment**
**funds**
**to nearest £**|**-**
**Total current**
**period**
**to nearest £**||**-**
**Total last period**
**to nearest £**| |Contractor Repayment|||||||**-**||| |Sales of CommunityHistoryBooklet||**209**|||||**209**||**178**| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| |**Total**
**209**
-
**Unrestricted**
**funds**
**to nearest £**
**4 Payments relating directly to charitable activities**||**209**||**-**|**-**|**-**|**209**||**178**| |||||-
**Restricted funds**
**to nearest £**|-
**Expendable**
**endowment**
**funds**
**to nearest £**|-
**Permanent**
**endowment**
**funds**
**to nearest £**|-
**Total current**
**period**
**to nearest £**||-
**Total last period**
**to nearest £**| |Membership||**35**|||||**35**|









|**30**| |Consultants Fees|||||||**-**||**3,506**| |Legal Fees|||||||**-**||| |Equipment|||||||**-**||**188**| |Adverts|||||||**-**||**112**| |Stationery|||||||**-**||**305**| |Venue Hire|||||||**-**||**15**| |Printingof CommunityHistoryBooklet|||||||**-**||**668**| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| |**Total**||**35**||**-**|**-**|**-**|**35**||**4,824**| |||-||-|-|-|-||-| Seafield Seafront Trust SC050167 Additional Notes Page 11 of 11 2024-25