CARLOPS VILLAGE CENTRE (SCIO) TRUSTEES REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
SCOTTISH CHARITY NUMBER SC051083
CARLOPS VILLAGE CENTRE (SCIO)
BANKERS Cater Allen Private Bank 9 Nelson Street Bradford BD1 5AN
Bank of Scotland 163A John Street Penicuik EH26 8AT
INDEPENDENT EXAMINER
SCOTTISH CHARITY NUMBER SC051083
YEAR ENDED 31 MARCH 2025
| CONTENTS | PAGE |
|---|---|
| Report of the Trustees | 3 |
| Receipts and payments account | 5 |
| Statement of balances | 6 |
| Independent Examiner’s Report | 7 |
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CARLOPS VILLAGE CENTRE (SCIO)
REPORT OF THE TRUSTEES
The Trustees have pleasure in presenting their report together with the financial statements for the year ended 31 MARCH 2025.
RECRUITMENT AND APPOINTMENT OF TRUSTEES
Management committee members are appointed at the annual general meeting. The management committee then appoints or reappoints the charity’s Trustees within 28 days of the annual general meeting.
STRUCTURE AND GOVERNANCE
The Charity is a registered Scottish Charity (SC051083) governed by its constitution. The Charity converted from an unincorporated charity (registered Scottish Charity SC006176) to a Scottish Charitable Incorporated Organisation (SCIO) on 29 June 2021.
CHARITABLE PURPOSES
The principal objectives of the charity are the provision of physical and mental training and recreation and social, moral and intellectual development for the inhabitants of Carlops and its immediate vicinity.
ACTIVITIES AND ACHIEVEMENTS
The operating year 2024/25 saw the Carlops Village Centre being put to good use throughout the year by both regular and occasional users. Activities included regular choir, carpet bowling and pilates meetings and the facility now hosts a number of local bands who use the wellappointed space and sound system to good effect. The centre also hosted a number of concerts, parties and other events involving members of the local community and visiting groups.
The accounts presented below reflect the nature of the activities during the year where income generated was £9,076 and expenditure amounted to £8,357, resulting in a surplus for the year of £719. As at end March 2025, the unrestricted funds available to the Centre stood at £17,344.
TRUSTEES REMUNERATION AND EXPENSES
The Trustees did not receive any remuneration or expenses during the year.
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RESERVES POLICY
The Trustees’ policy is to maintain reserves at around 6 months of normal running costs in order to meet commitments and to cover any unexpected expenditure. The Trustees consider that the resultant general fund of £17,344 will enable the charity to continue to run its activities for the foreseeable future.
Approved by the Trustees and signed on their behalf.
CHAIR 11 April 2025
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CARLOPS VILLAGE CENTRE (SCIO) RECEIPT AND PAYMENTS ACCOUNT YEAR ENDED 31 MARCH 2025
| RECEIPTS Events Hall bookings Fundraising Grants Donations Total Income PAYMENTS Event expenses Cleaning Utilities Maintenance Insurance Other Governance costs Bank charges Accountancy Purchase of fixed assets Total Payments SURPLUS/(DEFICIT) FOR YEAR |
2025 £ 2,451 4,605 1,153 0 868 9,076 1,451 1,143 3,747 215 1,508 293 8,357 0 0 0 0 0 8,357 719 |
2024 £ 585 12,640 0 1,200 500 |
|---|---|---|
| 14,925 | ||
| 2,463 1,161 4,141 13,868 1,435 7,825 |
||
| 30,893 | ||
| 0 0 0 |
||
| 0 | ||
| 0 | ||
| 30,893 | ||
| (15,968) |
All funds are unrestricted
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CARLOPS VILLAGE CENTRE (SCIO) STATEMENT OF BALANCES YEAR ENDED 31 MARCH 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| BANK AND CASH IN HAND | ||
| Opening Balances | 16,625 | 32,593 |
| Surplus/(deficit) for year | 719 | (15,968) |
| Closing Balances | 17,344 | 16,625 |
| RESERVES | ||
| General Funds | 17,344 | 16,625 |
| ASSETS | ||
| Building - at cost | 288,969 | 288,969 |
| Arts equipment - at cost | 46,730 | 46,730 |
| Service equipment - at cost | 13,328 | 13,328 |
| Total Assets | 349,027 | 349,027 |
All funds are unrestricted
The Trustees approved the Receipts and Payments Account and Statement of Balances at their meeting on 11 April 2025 and these statements are signed hereunder on their behalf.
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TRUSTEE
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TREASURER
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CARLOPS VILLAGE CENTRE (SCIO)
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CARLOPS VILLAGE CENTRE (SCIO)
I report on the financial statements of the charity for the year ended 31 MARCH 2025 which are set out on pages 5 to 6.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The charity’s Trustees are responsible for the preparation of the financial statements 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) (a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the financial statements 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 (as amended). An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements 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 financial statements.
INDEPENDENT EXAMINER’S STATEMENT
In the course of my examination no matter has come to my attention
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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 financial statements which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
BANK MANAGER (RETIRED) 12 April 2025
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