**SEA THE CHANGE SCIO (Registered Scottish Charity SC050664)**
## **Trustee Report and Financial Statements**
## **1st April 2025 - 31st March 2026**
Approved by the Board of Trustees, signed on its behalf by: Signed________________________________
Date___29/05/2026______________ Juliana Amaral, Trustee (Chair)
**Sea the Change. Registered Scottish Charity SC050664**
## **Charity Information**
The Trustees present their report with the financial statements of the Charity for the year ended 31st March 2026. The trustees have adopted the requirements of _Accounting and Reporting by Charities: Statement of Recommended Practice_ (SORP), in line with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), effective from 1 January 2019.
## **Reference and Administrative Details**
**Name:** Sea the Change SCIO **Scottish Charity Number:** SCO50664
## **Principal Address**
Sea the Change, Manse Road, Eyemouth, TD14 5JE
## **Contact details:**
info@seathechange.org.uk www.seathechange.org.uk
## **Bank**
The Co-Operative Bank Plc, 1 Balloon Street, Manchester, M4 4BE
## **Structure, Governance and Management**
Sea the Change is a Scottish Charitable Incorporated Organisation (SCIO) and operates in accordance with its governing constitution. Overall responsibility for the organisation rests with the charity’s Trustees.
## **Trustees**
Graeme Brown Neil McMurdo Jim Hettrick Rachel Hardie Juliana Amaral Michael Wilson Alice Fisher
The charity employs five part time staff members to support the operation of the charity. Additional support is provided by our dedicated volunteers, who are engaged as needed to assist with various activities.
## **Recruitment and Appointment of new Trustees**
Prospective trustees are identified by existing board members based on their relevant skills, experience, and enthusiasm for the charity’s mission and work.
## **Charitable Objectives**
In accordance with our constitution, Sea the Change pursues the following charitable purposes:
- The advancement of environmental protection or improvement
- The advancement of education
- The advancement of citizenship or community development
**Sea the Change. Registered Scottish Charity SC050664**
**2**
## **Statement of Public Benefit**
The Trustees confirm that they have met their obligations under the Charities and Trustee Investment (Scotland) Act 2005 by giving due regard to the public benefit guidance issued by OSCR.
## **Our Vision**
To create _happier, healthier, more sustainable communities_ .
## **Our Mission**
To connect communities with coastlines through events, activities, and campaigns—enabling everyone to enjoy and protect our natural environment.
## **Our Values**
_Fun. Ethical. Community-Minded (FEC)_
Sea the Change delivers a wide range of events, activities, and campaigns aimed at raising environmental awareness and fostering a sense of community. A core priority is ensuring equal access and inclusion across all our projects and initiatives.
## **Update on Activity in 2025/26**
This year has been one of bold progress, practical challenge and deep community impact for Sea the Change. Across all of its work, the organisation has continued to demonstrate how local action, care for people and commitment to the environment can come together to create meaningful change. At its heart, Sea the Change remains driven by a simple but powerful purpose: making the change we want to see in the world and, in many ways, helping to make invisible people visible again through connection, opportunity and inclusion.
The most significant milestone of the year was the development of the Cycle Shack, marking the first time the organisation took the major step of purchasing an asset. With support from South of Scotland Enterprise and capital investment for renovation, an old and tired building has been transformed into a vibrant cycling and active travel hub in Eyemouth. As with so many building projects, the renovation brought unexpected complications, and the inability to install an accessible toilet has been a significant disappointment and ongoing challenge. Even so, the finished shop has already become an important and welcoming part of the town, serving both local people and visitors while creating employment opportunities and generating income to support wider charitable activity.
The importance of this enterprise development has been especially clear during a period when funding for charities has become increasingly difficult to secure. Across the sector, many organisations are facing severe financial pressure and are having to draw on reserves simply to maintain essential services. Against that backdrop, establishing the Cycle Shack as both a valued community asset and a sustainable income-generating venture has become central to Sea the Change’s future development and resilience.
Over time, the Cycle Shack has also become much more than simply a bike shop. Alongside its role as a cycling and active travel hub, efforts have continued to develop it as a wider community space and meeting point. During the summer, our team worked to create a community hub - a place for volunteers to gather for a cuppa and connection before heading home. These moments may seem small, but they help build relationships, reduce isolation and strengthen community spirit. Increasingly, the Cycle Shack represents not only bikes and active travel, but participation, belonging and shared community life.
**Sea the Change. Registered Scottish Charity SC050664**
**3**
The Cycling Without Age trishaw project itself has enjoyed another highly successful year. Many people have had the opportunity to get outdoors, enjoy fresh air and revisit places in the town they had not seen in years. These journeys have rekindled memories, encouraged conversation and supported the health and wellbeing that come from movement, companionship and time spent in nature. For some participants, the experience has helped them reconnect with their community and feel visible and included once again. This remarkable project is only possible because of an extraordinary team of volunteers whose generosity, care and commitment make every single journey happen.
The beach wheelchair project is now firmly established and continues to attract a steady flow of local users alongside visitors travelling from across the UK and beyond. It is clear that this project is making a real difference by opening up the beach experience to more people and removing barriers that might otherwise prevent access to the coastline. The beach ramp, however, has once again proved vulnerable to storm damage and remains an ongoing challenge. This serves as a very real reminder of the impacts of climate change, an issue that inspired the creation of Sea the Change in the first place. Throughout the year, work continued with Scottish Borders Council colleagues and funders to respond to these challenges, while volunteers once again ensured that so many people could enjoy memorable and meaningful experiences by the sea.
The Berwickshire Anti-Litter project, supported by Sea the Change, continued its work through beach and community clean-ups throughout the year. This year there was an even stronger emphasis on partnership working, particularly through the Big Clean Up event, which brought together a wide range of organisations and community groups in Eyemouth. It is encouraging to see environmental action increasingly becoming a shared responsibility across the community, with more people recognising the importance of protecting and caring for the local environment together.
Alongside these achievements, staff and trustee volunteers have worked tirelessly to help Sea the Change move into its next phase of development. With projects now established and embedded within community life, the focus is increasingly turning toward consolidation, financial sustainability and enterprise growth. Modernising systems and improving efficiency have become key priorities, and the launch of a new website marks an important step in the organisation’s wider digital transformation and future resilience.
This work has required enormous effort, flexibility and commitment from both staff and volunteers and, as is often the case with organisational development, it has brought significant pressure at times. What remains clear, however, is the depth of care, belief and dedication that people bring to Sea the Change. That shared commitment is the organisation’s greatest strength and the foundation on which its future will continue to grow.
There is every reason to feel confident about the next stage of Sea the Change’s journey. The organisation has continued to evolve while staying true to the values that inspired its creation: community, inclusion, environmental responsibility and practical action that improves lives.
Deepest thanks go to every member of staff, every volunteer, every trustee, every partner and every supporter who has helped make this work possible.
**Sea the Change. Registered Scottish Charity SC050664**
**4**
## **Financial Review**
These accounts relate to the financial year 2025/26, covering the period from 1st April 2025 to 31st March 2026. Total income for the year was £157,765, representing a slight decrease from £159,988 in 2023/24. This figure includes grant funding of £127,808, received from a total of 17 different funding streams.
Key contributions included £27,000 from Scottish Borders Council Coastal Access Fund, £20,740 from the National Lottery, two grants from Foundation Scotland (Drone Hill/ Co’path Fund) totalling £15,000 plus an additional £5,000 from Blackhill towards our electric van. £14,697 from the Sestrans People and Place Fund, £9,789 from Cycling Uk, £8,000 from the Scottish Children’s Lottery and our final instalment of £6,000 from the Crichton Fund for the delivery of our Beach Wheelchair project, plus many more.
Our new Eyemouth Cycle Shack has allowed us to establish alternative income streams, generating a total of £24,533. This comprised merchandise sales (£291.06), bike repairs (£10,828), bike sales (£12,682), and e-bike hires (£656.44). Plus donations totalling £3,910.
Total expenditure for the year amounted to £169,875 up from £134,556.79 in the previous year.
As of the year-end, the General Fund balance stood at £77,469.23. The accounts have been independently examined and approved by the Trustees.
## **Reserves Policy**
The trustees have adopted a reserves policy to maintain a minimum reserve sufficient to cover four months of administrative expenses. We are looking to extend reserves to six months unrestricted income. All additional reserves are either designated or intended to be designated for specific future projects. The reserves policy and reserve levels will be reviewed regularly.
## **Our Funders**
We extend our sincere gratitude to our funders for their invaluable support. Their contributions have provided the stability necessary to strengthen our team, establish a solid foundation for securing additional funding, and pursue initiatives that we believe make a meaningful impact in our local community. Their support has been instrumental in enabling us to move forward with confidence and purpose.
## **Future Plans**
Looking ahead, Sea the Change will focus on strengthening long-term sustainability across all areas of its work, ensuring projects are resilient, well-supported and financially secure. A key priority will be developing the Cycle Shack as a successful social enterprise, increasing trading activity while continuing to enhance its role as a welcoming and inclusive community hub. Alongside this, the organisation will invest in systems, digital development and internal capacity to support efficient delivery and long-term stability.
At the same time, Sea the Change will prioritise maximising community impact by deepening engagement and widening access to inclusive opportunities. Across all activity, the focus remains on creating happier, healthier and more sustainable communities.
**Sea the Change. Registered Scottish Charity SC050664**
**5**
APPENDIX 2
Enter charity name below Enter SC No. below **Sea the Change SC0050664**
|||**Sea the Change**|**Sea the Change**|**Sea the Change**|**Sea the Change**|**Sea the Change**|**Sea the Change**|**Sea the Change**|**Sea the Change**||||**SC0050664**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||**Receipts andpayments accounts**||||||||||||
||**For the period**
**from**|Period sta||rt date||||Period e||nd date||||
|||Day|Month||Year|**to**||Day|Mont|h|Year|||
|||01|April||2025
Year|||31|March||**2026**|||
|||||||||||||||
|**Section A Statement of receipts and payments**||||||||||||||
|**A1 Receipts**|**Unrestricted**
**to nearest £**|**Restricted funds**
**to nearest £**||**Expendable**
**to nearest £**||||**Permanent**
**to nearest £**||**Total funds**
**to nearest £**|||**Total funds last**
**to nearest £**|
|
Donations|**3,910**
**24,419**
**291**
**1,512**|||||||||**3,910**|||**3,312**|
|Legacies||||||||||**-**||||
|Grants||**127,631**||||||||**127,631**|||**197,792**|
|Receipts from fundraising activities||||||||||**24,419**||||
|Gross trading receipts||||||||||**291**|||**95**|
|Income from investments other than land||||||||||**-**||||
|Rents from land & buildings||||||||||**-**||||
|Gross receipts from other charitable||||||||||**1,512**|||**3,789**|
|||||||||||**-**||||
|**_A1 Sub total_**|**30,132**|**127,631**||**-**||||**-**||**157,763**|||**204,988**|
|**A2 Receipts from asset & investment**||||||||||||||
|
Proceeds from sale of fixed assets||||||||||**-**||||
|Proceeds from sale of investments||||||||||**-**||||
|**_A2 Sub total_**|**-**
**30,132**|**-**||**-**||||**-**||**-**|||**-**|
|**_Total receipts_ **
**A3 Payments**||||||||||||||
|||**127,631**||**-**||||**-**||**157,763**|||**204,988**|
|||||||||||||||
|Expenses for fundraising activities|**£169,875.81**
|||||||||**-**||||
|Gross trading payments||||||||||**-**||||
|Investment management costs||||||||||**-**||||
|Payments relating directly to charitable||||||||||**169,876**|||**101,178**|
|
Grants and donations||||||||||**-**||||
|Governance costs:||||||||||**-**||||
|Audit / independent examination||||||||||**-**|||**100**|
|Preparation of annual accounts||||||||||**-**|||**100**|
|Legal costs||||||||||**-**||||
|Other||||||||||**-**||||
|||||||||||**-**||||
|**_A3 Sub total_ **|**169,876**|**-**||**-**||||**-**||**169,876**|||**101,378**|
|**A4 Payments relating to asset and**||||||||||||||
|
Purchases of fixed assets||||||||||**35,541**|||**78,179**|
|Purchase of investments||||||||||**-**||||
|**_A4 Sub total_ **|**-**
**169,876**
**139,744)**
**(**
**139,744)**
**(**|**-**||**-**||||**-**||**35,541**|||**78,179**|
|**_Total payments_ **
**_Net receipts / (payments)_**
**A5 Transfers to / (from) funds**
**_Surplus / (deficit) for year_**||||||||||error||||
|||**-**||**-**||||**-**||**205,417**|||**179,557**|
|||||||||||error||||
|||**127,631**||**-**||||**-**||**47,654)**
**(**|||**25,431**|
|||||||||||||||
|||||||||||**-**||||
|||||||||||||||
|||**127,631**||**-**||||**-**||**47,654)**
**(**|||**25,431**|
|||||||||||error||||
APPENDIX 2
**SC0050664**
## **Sea the Change**
## **Section B Statement of balances**
|**Categories**
**B2 Investments**
**B3 Other assets**
**B1 Cash funds**|**Details**|**Unrestricted**
**funds**
**to nearest £**
**51,974**
**139,774)**
**(**|**Restricted funds**
**to nearest £**|**Expendable**
**endowment funds**
**to nearest £**|**Permanent**
**endowment**
**funds**
**to nearest £**|**Total current**
**period**
**to nearest £**|**Total last period**
**to nearest £**|
|---|---|---|---|---|---|---|---|
||Cash and bank balances at start of year||**34,034**|||**86,008**|**60,577**|
||Surplus / (deficit) shown on receipts and
payments account||**127,631**|||**12,143)**
**(**|**25,431**|
|||||||**-**||
|||||||**-**||
||(Agree balances with receipts and payments
account(s))
**Cash and bank balances at end of year**
**Details**|**87,800)**
**(**|**161,665**|**-**|**-**|**73,865**|**86,008**|
|||- 30|-|
-|
-|
35,511|-|
||||**Fund to which**|**Fund to which**|**asset belongs**|**Market valuation**
**to nearest £**|**Last year**
**to nearest £**|
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
||**Details**|||**asset belongs**|**Total**
**Cost (if available)**
**to nearest £**|**-**|
**-**|
|||||||**Current value (if**
**available)**
**to nearest £**|**Last year**
**to nearest £**|
||Hippocampe Wheelchair||Restr|icted|**3,922**|**4**|**5**|
||Terrawheels Beach Wheelchair||Restr|icted|**2,756**|**4**|**5**|
||Sandcruiser All Terrain Beach Wheelchair||Restr|icted|**2,634**|**4**|**5**|
||Birdie Compact Folding Hoist||Restr|icted|**756**|**4**|**5**|
||Beach Mat Sample||Restr|icted|**46**|**15**|**18**|
||Beach Mat||Restr|icted|**1,414**|**905**|**1,132**|
||Noticeboard||Restr|icted|**643**|**274**|**343**|
||Beach Hut||Restr|icted|**7,000**|**5,600**|**7,000**|
||Projector||Restr|icted|**430**|**3**|**4**|
||Laptop||Restr|icted|**460**|**3**|**4**|
||Printer||Restr|icted|**150**|**3**|**4**|
||EE Phone contract 24mths||Restr|icted|**461**|**184**|**230**|
||Thermos Flask||Restr|icted|**35**|**22**|**28**|
||Apple ipad 2022||Restr|icted|**379**|**242**|**303**|
||Beach Clean Board||Restr|icted|**480**|**-**|**1**|
||Litter Pickers x80||Restr|icted|**1,732**|**532**|**666**|
||Digital Scales||Restr|icted|**17**|**10**|**14**|
||Litterpicking sign x 2||Restr|icted|**77**|**61**|**77**|
||BAG Banner||Restr|icted|**36**|**28**|**36**|
||6 x Raleigh ebikes (2 x s, m, l)||Restr|icted|**13,296**|**8,509**|**10,637**|
||Bike equipment||Restr|icted|**616**|**394**|**493**|
||Reconditioned Bikes x 16||Restr|icted|**900**|**576**|**720**|
||Mechanic Pump||Restr|icted|**42**|**26**|**34**|
||Professional Toolkit||Restr|icted|**844**|**540**|**675**|
||2 x Cowboy E-bikes||Restr|icted|**5,000**|**-**|**-**|
||2 x Raleigh E-bikes||Restr|icted|**4,431**|**-**|**-**|
||Cycling without Age Trishaw||Restr|icted|**10,281**|**8,224**|**10,281**|
||Trishaw Equipment||Restr|icted|**518**|**414**|**518**|
||Cycling without Age Trishaw||Restr|icted|**8,800**|**7,040**|**8,800**|
||Yorvik Trike||Restr|icted|**3,099**|**2,479**|**3,099**|
||Gazebo||Restr|icted|**3,570**|**2,856**|**3,570**|
||Raleigh ebikes (2 x extra small)||Restr|icted|**2,899**|**2,319**|**2,899**|
||Bike Storage Shed||Restr|icted|**2,336**|**1,868**|**2,336**|
||Bike Racks||Restr|icted|**677**|**541**|**677**|
||Cycle Shack Notice Board||Restr|icted|**887**|**709**|**887**|
||Cycle Shack Propety purchase||Restr|icted|**45,000**|**54,450**|**49,500**|
||Workshop equipment and tools||Restr|icted|**4,135**|**4,135**|**-**|
||Electric Van||Restr|icted|**20,452**|**20,452**|**-**|
||Steel bike storage unit||Restr|icted|**2,970**|**2,970**|**-**|
||Bike purchase-Motus||Restr|icted|**1,499**|**1,499**|**-**|
||Bike Purchase - Estarli||Restr|icted|**2,249**|**2,249**|**-**|
||Bike Purchase - 3 x Ghost||Restr|icted|**5,379**|**5,379**||
||Changing bench||Restr|icted|**1,099**|**1,099**|**-**|
||Matting for beach||Restr|icted|**1,139**|**1,139**|**-**|
||**Details**|||**Total**
**Fund to which li**|**165,545**
**ability relates**|**137,765**
**Amount due**
**to nearest £**||
||||||||**105,005**|
||||||||**Last year**
**to nearest £**|
|||||||||
**B4 Liabilities**
2025_26 P&R.xlsx / Statement of balances
1
December 2007
APPENDIX 2
**----- Start of picture text -----**
Total - -
Details Fund to which liability relates Amount due Last year
to nearest £ to nearest £
B5 Contingent liabilities
Total - -
Signed by one or two trustees on Date of
behalf of all the trustees Signature* Print Name
approval
Michael Wilson
A.Fisher Alice Fisher
**----- End of picture text -----**
- _Please note - OSCR will accept digital or typed signatures_
2025_26 P&R.xlsx / Statement of balances
2
December 2007
APPENDIX 2
**Sea the Change**
**SC0050664**
## **Section C Notes to the Accounts**
**C1 Nature and purpose of funds** Unrestricted funds raised through general _(may be stated on analysis of_ donations and the sale of charity related _funds worksheets)_ products are used to fund miscellaneous expenses not directly related to specific charitable projects undertaken by the charity. Restricted funds are raised through fundraising initiatives relating to specific projects undertaken by the charity and disbursed in line with the project for which the funds were raised. **Type of activity or project £ supported C2 Grants Total - C3a Trustee remuneration** If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross **x** this box (otherwise complete section 3b) **£ Authority under which paid C3b Trustee remuneration - details C4a Trustee expenses** If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b) **£ C4b Trustee expenses - details**
2025_26 P&R.xlsx / Notes
1
December 2007
APPENDIX 2
|**C5 Transactions with trustees**
**and connected persons**|**Balanc**
**Nature of relationship**|**Balanc**
**Nature of relationship**|
|---|---|---|
||||
||||
||||
||||
||||
## **C6 Other information**
2025_26 P&R.xlsx / Notes
2
December 2007
APPENDIX 2
**Sea the Change**
**SC0050664**
## **Additional analysis (1)**
**Analysis of receipts and payments**
## **1 Donations**
||||**Unrestricted**
**funds**|**Unrestricted**
**funds**||**Restricted funds**||**Expendable**
**endowment funds**||**Permanent**
**endowment funds**||**Total current**
**period**||**Total last period**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||**to nearest £**|||**to nearest £**||**to nearest £**||**to nearest £**||**to nearest £**||**to nearest £**|
|Donations||||**3,910**||||||||**3,910**||**3,312**|
|||||||||||||**-**|||
|||||||||||||**-**|||
|||||||||||||**-**|||
||**Total**|||**3,910**||**-**||**-**||**-**||**3,910**||**3,312**|
|||||**-**||**-**||**-**||**-**||**-**||**-**|
|**2 Grants**|||||||||||||||
||**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|**3,910**||||**3,910**|**3,312**|
||||||**-**||
||||||**-**||
||||||**-**||
|**Total**|**3,910**|**-**|**-**|**-**|**3,910**|**3,312**|
|**2 Grants**|**-**|**-**|**-**|**-**|**-**|**-**|
||**Unrestricted**
**funds**|**Restricted funds**|||**Total current**
**period**|**Total last period**|
||**to nearest £**|**to nearest £**|||**to nearest £**|**to nearest £**|
|Paths for all||**17,392**||||**17,392**|
|National lottery||**19,334**||||**19,334**|
|SBSCAN||**995**||||**995**|
|Quixwood/County Durham||**5,000**||||**5,000**|
|People's Post Code Lottery||**25,000**||||**25,000**|
|Hamish and Doris Crichten||**6,000**||||**6,000**|
|Foundation Scotland||**10,280**||||**10,280**|
|SBSCAN||**1,800**||||**1,800**|
|Fallago||**3,000**||||**3,000**|
|SEStran||**17,887**||||**17,887**|
|Tesco||**1,125**||||**1,125**|
|SEStran||**22,027**||||**22,027**|
|Co-op||**500**||||**500**|
|SOSE||**22,422**||||**22,422**|
|SESTRANS/ SBC EBIKE GRANT||**£3,849**|||**3,849**||
|Foundation Scotland||**£500**|||**500**||
|National Lottery YR3||**£20,740**|||**20,740**||
|Blackhill||**£5,000**|||**5,000**||
|Childrens Lottery||**£8,000**|||**8,000**||
|Southern Uplands||**£750**|||**750**||
|Foundation Scotland-drone/ co'path||**£15,000**|||**15,000**||
|SESTran People and Place||**£14,697**|||**14,697**||
|H&D Crichton Year 3||**£6,000**|||**6,000**||
|Co-op 2025/26||**£1,931**|||**1,931**||
|Cycling UK & RECYCLE FUND||**£9,789**|||**9,789**||
|Cycling UK-REPAIR||**£2,000**|||**2,000**||
|SBC COASTAL ACCESS||**£27,000**|||**27,000**||
|Fallago||**£3,000**|||**3,000**||
|PPLADA/ SBC||**£9,000**|||**9,000**||
|TESCO||**£375**|||**375**||
|**Total**|||||||
||**-**|**280,393**|||**127,631**|**152,762**|
||**reference**||||**reference**|**reference**|
||**reference**||||**reference**|**reference**|
|---|---|---|---|---|---|---|
|**3 Gross receipts from other charitable activities**|**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 £**|
|Gross tradingreceipts|**291**||||**291**||
|Receipts from fundraisingactivities|**24,419**||||**24,419**||
|Gross receipts from other charitable activities|**1,512**||||**1,512**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**-**||
||||||**-**||
|**Total**|**26,222**|**-**|**-**|**-**|**26,222**|**-**|
||reference error|-|-|-|reference error|reference error|
## **4 Payments relating directly to charitable activities**
|**4 Payments relating directly to charitable activities**|||||||
|---|---|---|---|---|---|---|
||**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 £**|
|PAYROLL|£64,164.02|||||**55,423**|
|NI & PENSION|£11,619.00|||||**5,065**|
|RENT|£4,752.00|||||**8,584**|
|UTILITIES|£3,460.00|||||**inc**|
|INSURANCE|£4,144.00|||||**1,337**|
|MARKETING|£5,102.00|||||**2,821**|
|IT|£470.00||||||
|FINANCIAL MGM|£4,555.00||||||
|PROJECT COSTS|£70,729.00||||||
|MISC|£3,168.00|||||**12,753**|
|CYCLE SHACK CONSTRUCTION||||||**15,194**|
|LITTER PICKING||||||**112**|
|BIKES||||||**25,079**|
|BIKE ACCESSORIES||||||**1,195**|
|GAZEBO||||||**3,570**|
|SHED||||||**2,336**|
|NOTICEBOARD||||||**887**|
|PREPARATION OF ACCOUNTS||||||**100**|
|INDEPENDANT EXAMINATION OF ACCOUNTS||||||**100**|
||||||||
||||||||
||||||||
|**Total**|||||||
||**172,163**|**-**|**-**|**-**|**-**|**134,556**|
||reference error|-|-|-|reference error|reference error|
2025_26 P&R.xlsxAdditional notes (1)
December 2007
APPENDIX 2
**SC0050664**
|**Additional analysis (2)**||||||||
|---|---|---|---|---|---|---|---|
|**Receipts**
**5 Breakdown of unrestricted funds**|**Unrestricted fund**
**1 - enter name of**
**fund below**
**-**||**Unrestricted fund**
**2 - enter name of**
**fund below**|**Unrestricted fund**
**3 - enter name of**
**fund below**|**Unrestricted fund**
**4 - enter name of**
**fund below**|**Total unrestricted**
**funds**|**Total unrestricted**
**funds last period**|
|Donations||||||**-**||
|Legacies||||||**-**||
|Grants||||||**-**||
|Receipts from fundraising activities||||||**-**||
|Gross trading receipts||||||**-**||
|Income from investments other than land and buildings||||||**-**||
|Rents from land & buildings||||||**-**||
|Gross receipts from other charitable activities||||||**-**||
|
~~**_Sub total_**~~
**Receipts from asset & investment sales**|**-**||**-**|**-**|**-**|**-**|**-**|
|||||||cross ref error||
|Proceeds from sale of fixed assets||||||**-**||
|Proceeds from sale of investments||||||**-**||
|~~**_Sub total_**~~
**_Total receipts_**
**Payments**|**-**||**-**|**-**|**-**|**-**|**-**|
||**-**||**-**|**-**|**-**|**-**|**-**|
|||||||cross ref error||
|Expenses for fundraisingactivities||||||**-**||
|Gross trading payments||||||**-**||
|Investment management costs||||||**-**||
|Payments relatingdirectlyto charitable activities||||||**-**||
|Grants and donations||||||**-**||
|Governance costs:||||||**-**||
|Audit / independent examination||||||**-**||
|Preparation of annual accounts||||||**-**||
|Legal costs||||||**-**||
|||||||**-**||
|||||||**-**||
|**_Sub total_**
**Payments relating to asset and investment**
**movements**|**-**||**-**|**-**|**-**|**-**|**-**|
|||||||cross ref error||
|Purchases of fixed assets||||||**-**||
|Purchase of investments||||||**-**||
|**_Sub total_**
**_Total payments_**
**_Net receipts / (payments)_**
**Transfers to / (from) funds**
**_Surplus / (deficit) for year_**|**-**||**-**|**-**|**-**|**-**|**-**|
|||||||-||
||||**-**|**-**|**-**|**-**|**-**|
|||||||cross ref error||
||||**-**|**-**|**-**|**-**|**-**|
|||||||||
|||||||**-**||
|||||||||
||||**-**|**-**|**-**|**-**|**-**|
|||||||cross ref error||
|~~**Nature andpurpose of funds**~~||||||||
|||||||||
2025_26 P&R.xlsxAdditional notes (2)
December 2007
APPENDIX 2
**SC0050664**
## **Sea the Change**
## **Additional analysis (3)**
**6 Breakdown of restricted funds**
|**Receipts**|**Restricted fund 1**
**- enter name of**
**fund below**
**-**|**Restricted fund 1**
**- enter name of**
**fund below**
**-**|**Restricted fund 2**
**- enter name of**
**fund below**|**Restricted fund 3**
**- enter name of**
**fund below**|**Restricted fund 4**
**- enter name of**
**fund below**|**Total restricted**
**funds**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
cross ref error|**Total restricted**
**funds**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
cross ref error|**Total restricted**
**funds last period**|
|---|---|---|---|---|---|---|---|---|
|Donations||||||**-**|||
|Legacies||||||**-**|||
|Grants||||||**-**|||
|Receipts from fundraising activities||||||**-**|||
|Gross trading receipts||||||**-**|||
|Income from investments other than land and buildings||||||**-**|||
|Rents from land & buildings||||||**-**|||
|Gross receipts from other charitable activities||||||**-**|||
|
**_Sub total_**
**Receipts from asset & investment sales**|**-**||**-**|**-**|**-**|**-**||**-**|
||||||||||
|
Proceeds from sale of fixed assets||||||**-**|||
|Proceeds from sale of investments||||||**-**|||
|**_Sub total_**
**_Total receipts_**|**-**||**-**|**-**|**-**|**-**||**-**|
||**-**||**-**|**-**|**-**|**-**||**-**|
||||||||||
## **Payments**
|Expenses for fundraising activities||||||**-**|||
|---|---|---|---|---|---|---|---|---|
|Gross trading payments||||||**-**|||
|Investment management costs||||||**-**|||
|Payments relating directly to charitable activities||||||**-**|||
|Grants and donations||||||**-**|||
|Governance costs:||||||**-**|||
|Audit / independent examination||||||**-**|||
|Preparation of annual accounts||||||**-**|||
|Legal costs||||||**-**|||
|||||||**-**|||
|||||||**-**|||
|**_Sub total_**
**Payments relating to asset and investment**|**-**||**-**|**-**|**-**|**-**||**-**|
||||||||||
|
Purchases of fixed assets||||||**-**|||
|Purchase of investments||||||**-**|||
|**_Sub total_**
**_Total payments_**
**_Net receipts / (payments)_**
**Transfers to / (from) funds**
**_Surplus / (deficit) for year_**|**-**||**-**|**-**|**-**|**-**||**-**|
||||||||||
||||**-**|**-**|**-**|**-**||**-**|
||||||||||
||||**-**|**-**|**-**|**-**||**-**|
||||||||||
|||||||**-**|||
||||||||||
||||**-**|**-**|**-**|**-**||**-**|
||||||||||
|~~**Nature andpurpose of funds**~~|||||||||
||||||||||
2025_26 P&R.xlsxAdditional notes (3)
December 2007
## **Independent Examiner’s Report**
I report on the accounts of the charity Sea the Change for the year ended 31.3.2026.
## **Respective responsibilities of trustees and examiner**
The 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 trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts as required under section 44(1) (c) of the Act.
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. 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 no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In the course of my examination, no matter has come to my attention 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, comply with Regulation 8 of the 2006 Accounts Regulations and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met
Or, to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
Abigail Hallas Independent Examiner Borders Community Action Registered Office: 1 Drygrange Cottages, Drygrange Steading, Melrose, TD6 9DJ
Date: 22/05/2026