LOCKERBIE ICE RINK
TRUSTEESY REPORT & FINANCIAL STATEMENTS
31- OCTOBER 2024
SCOThISH CHARITY NUMBER:. SC051314
CARSON & TROTTER
CHARTERED ACCOUNTANTS
123 IRISH STREET
DUMFRIES
DG12PE

Lockerbie Ice Rink
Contellt5
Page
Trustees, report
Independent examinevs report
Stat¢ni¢nt of financial activities
Balance sheet
Noteb to tlie financial statements
7-15

Lockerbie Ice Rink
Tru$tee$ re
ort
ear ended 31st October 2024
for the
Tl)e trnS￿e$ preseiit tl)eir r¢port and tlie unaudited financial siaienienis for tlie yeai ended 31st October ?0?4. The
fiJiat)¢ial statements have been prepared in accoidaiice with Il)e accoiinting policie.% sel out in note l io the accounts and
coniply with the Cl)arilies and Tru%tee Inve.%tment Iscotlandl Act ?005, the Cliariiie.s Accounts IS¢otland} Re. lalions
2006 {a% amended) and Accouniing and Reportints by chalitie.￿.. Statenient of Recon)niended Pro¢tice applicable 10
charities preparints Il)eii accoiint% in accordance with the Financial Reporting Standard applicable in the United Kii)y7dom
and Republic of Ireland (FRS 10?).
Objective5 aDd activities
Tlie prii)cipal activitie% of Lockerbie Ice Rink in the yeai under ieview weTe charitable, in line will) Ilie cl)aritys objects.
which are in relation to sport. and primarily, tlie sports of curliiig and skating Ilce Rink Sports}.
In fvnherance of tl)ese objects, Lockerbie Ice Rink seeks to'.-
al provide or assist in the provisiot) of recreational facilities, or to organise or assist in the organisation of the
recreational fa¢ililies, witii the object of improving the conditions of lite for the public generally:
bl encouiage and actively proinote public pariicipation;
c) provide ITaining, coaching and education noi only for ihose pariicipatino in sport but algo the public generally
abolit.￿port generally and Ice Rink Swrts, in particular and the liealth aiid fllness benefits of participating,. and
d) proniote ¢oinmuniiy participation in healthy recreation. in particular by playin(p Ice Rijik Sports.
Acliievements aiid perforjnaiice
Lockerbse l¢e Rink l)ave fulfilled tlieir charitable objectives by providing recreational focililies for curling and skating.
by providiiig public and comniunity participaiion in the above sports and provision of training and coacl)ing for
personnel of all ages and genders including inclusive se5SlOi)s. The facility lia5 functioi)ed well throughout the year
tnaintainins Ilie custonier database aiid also provided a facility for privaie events, wlieilier il be il) the lounge or ice hall
area5. Tlie trustees recoonise that this could not be achieved witlioui tl)e support of staff and volui)teers who as51St wilh
various activities Ihrouglioui the organisation.
Financial review
The accounts show a net surplus for Ilie year of £43,518. Reserves at die year end were £157,628. Tliis is made up of
£18,0?O of restricted funds and £139,608 of unrestricted fvnds, of which £49 ?65 are dessgnated.
Ri$k tThanatwement
The trustee5 have a%8e8%ed th¢ major risk% io which ihe charity is exposed. in particular those related to the operations
and financing of tlie chaiity and are satl5fJed that systejns are in placc lo niitigate th¢se risks.
Reserves
The trustees aim to htve sufficient reserves lo cover between thtee aTJd six montlis runniiig costs and to meet redundancy
and winding-up costs in the eyent that ￿lld￿ng is reduced or ceas¢.%.
Siructure) goYernaDce and management
The cliarity is a Scottish Chariiable IncoTporated Organisation (SCIOI (No. SC051314). It was registered in its current
legal forni on Isi October ?O?I following a cliange frojn b¢ing a Club. It is governed by its Constitution.
The trustees are jointly responsible for the Nnning of ihe SCIO and maL￿gi11g its assets. The trustees meet regularly lo
review tile work of the chari(y. Inonitor pro8re5s on achIev￿llent of ils objectives and financial perforn￿nCe and plan
fi]IuiE Stiatesy.
Page I

Lockerbie Ice Rink
Trustees re
for the ear ended 315t October 2024
ort
coiitinued
Appoinliitent htrining
Lockerbie Ice Rii]k is governed by a Board of Trustee8 who are recruited. appointed and trained in accoidance widi the
ternis of Ihe Constitution. liidividuals are eligible to serve as trustees if tliey are nieinbers of the cliarity and provided
they are not eniployees of the charity. TTU.%tees Inay 8180 co-opt other tru8lee% between AGMS who are non-nieniber5 on
Ihe basis that they have speciall￿t experience andlor skills which could be assistance to tlie Board. Tlie CoJL%titution
provides for a mii)imum of ihree trustees and a tnaximuin of twelve trustees. Out of IIK nuinber of tnLSte&% no more than
three 81)all be co-opied ITUStees.
Where new trustees are appointed tl)ey are given a fonnal induction ro the work of the charity and provided Mryth the
inf0m￿tion tliey need to fulfil tlieir roles. whicl) includes infom)ation about cliarity law.
Reference and administrative details
SLOttish chariiy number
SC051314
Re8LStered office
Independent Examiners
Carson & Trotter
Chartered Accountanis
1?3 Irish Strect
Dumfries
DGI ?PE
Bankers
Bank of Scotland
PO Box 1000
BX? ILB
Trustees
The trustees who have served the charity during the year and since Ihe year end were as follows..
Page 2

Lockerbie Ice Rink
Trustees re
for the vear ended 31st Octob¢r 2024
ort
continued
Re5POllsibilities of the trustees
Tlie trustee5 are responsible for preparing die Trustees, Report and the flnancial siateinents in accordance with applicable
law and United Kingdom Accounting Standards. Iullxted Kingdoni Oenerally A¢¢epled A¢¢ounting Practice).
The law applicable io charities in Scotland requires die tTU5tee5 to preppre financial siatements for each finan¢ial year.
whicli give a true and fair view of Ihe stsie of the affairs of the charity and of the incomii)ts iesources and applicaiion of
resources, including the income and expenditure, of tlie cliarity for tlie ycar. In preparing t]l￿e financial staten)¢nt8. tlie
trustees are required to..
select suitable accouniing poliLies and apply Il)em consistently:
observe the methods and piinciples in the Charities SORP ?019 (FRS 10?);
iiiake judgement% and estiniates that are reasoiiable aiid prudent;
slate whedier applicdble UK accounling standards have been followed. subject to any material departUTrs disclosed and
explained in the financial slateJnents',
piepare tlie finaiicial slateinei)ts on the going ¢on¢ern basis unless it is inappropriaie io presume tliat the chariiy will
contiiiue in operation.
Tlie tr￿￿teeS are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time
the financial position of the charity and to enable tliem to e￿￿Ure tliat the flnancial statements cojnply with tjie Chariiie.%
and TrLI.￿tte Investnient (S¢otlandl Aci ?005, Ihe Charities Accounts {Scoilandl Re(Tulalions ?006 (as amended) and the
provisions of the charity's Constitution. They are also re.%pon5ible for 5afci7uarding tlie assets of the charity and l)ence
for taking reasonable steps for the prevention and detection of fraud and other irr¢gulariiies.
This report was approved by the ttustees of the charity on ??nd April ?0?5 and Slgned on its behalf by.
Page 3

Lockerbie Ice Riiik
IThde
eiideiit Exknitn¢r s Re
ort to tlie Trustees of
Lockerbie Ice Riiik
L reporl on the accounts of the charlty for ihe year ended 3 1st October ?0?4 which are s¢t out on pages 5 to 15_
Respective re5poiisibilities of trustees and examiner
Tl)e ¢l)arity's trustees. are responsible for tlic preparation of the account% in accordance willi the tertns of Ihe Cliarities
and Trusiee Invesimciit (Scotlandl Act ?005 and die Charities Accouiits IScoilai)dl Regulations ?006 las aEiiended).
Tl)e trU.%te￿ consider Ihat tlie audit requireinent ol Regulatioli 101 I)lal to Ic) of the Accounts Regulaiions does not
apply. It is my responsibility to exaniine tl)e accounts as requlied under Section 4411)(cl of the Act aiid to state
whether particular matters l)ave come io niy attention.
Basis of the independent e¥amlner's statemellt
My exan)ination is carried out in accordance with Regulation I l of ihe Charities A¢counis (Scotland) Regulations ?006
(as aniended}. An examination includes a review of ihe accounting record8 kept by the cliarity and a coniparison of the
account￿ PT&%cnted widi iho8e records. It a150 include5 considerdlioti of any unusual items or disclosures in the
a¢couni%, and seeks explanations from the truste￿ coneeming any sucli n)atteTS. Tlie procedure5 uiiderlaken do not
provide all tlie evidence that would be required in an audit, and consequeiitly I do not expres5 an audit opinion on the
vi¢w given by tlit accounts.
Independent examiner's statement
In the course of iny examination. no matlei. lias come to my allenlion
wliicli gives me reasonable cause to believe tlial in any rnaterial respect tlie requiremenrs..
ro keep ac¢ountiiJg records in accordance witl) Section 44{1}lal of the ?005 Act at]d Regulation 4 of ti)e 2006
Acctsunts Regulations,. and
to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006
Accounts Rcgulaiions;
have not been met. or
b. to which, in my opinion, attention should be dTawn in order to enable a proper understanding of the aecounts to be
reached.
Cai'son & Trotter
Cliartei'ed Aeeountant5
123 Irlsh Street
Dumfrie5
DGI 2PE
Date: 23rd April 202$
Pgge 4

Lockerbie Ice Rink
StRtement of fiiiancial aetlVLtie5
for Éhe vear ended 31st October 2024
2024
Total
fuiid5
2023
Totthl
fuiids
Unrestrieted Resti'icted
funds
funds
Notes
liieome And endoJvrnent5 from..
Doiiations and legacies
Cl)aritable activitie.
OtlieF trading activities
13,789
153,683
40,944
13,789 55,063
205,107 185,530
40.944 34,366
51,4?4
Total income
?08.416
51.4?4
?59.840 ?74,959
Expenditure on:
Cl)arilable activiiies
Oiher irading activities
199,051
4,765
203.816 ?09,964
1 ?.506
Total expenditure
?11.557
4,765
?16,3?? ?20,156
Net ineomel(expendilure)
13,1411
46.659
43.518 54,803
Transfers between fund5
Iz
28,639
(?8.639)
Net movement funds
12
25,498
18,020
43,518 54.803
Reconciliation of funds:
Total funds brou&yht forward
Iz
114,110
114,110 59.307
Total funds carried forward
12
139,608
18.0?0
157,6?8 114.110
All income and expenditure derived from continuing activities.
The note5 on pages 7 to 15 form an integral part of these financial statement$.
Poge 5

Lockerbie Ice Rink
Balance sheet
as at 31st October 2024
2024
Z023
Notes
Fixed aysets
Tangible a￿etS
89,517
58,932
Currtnt Y$5ets
Stocks
Debtors
Cash al bank and in hand
3,463
19,?49
80,617
3,303
17,705
77.675
103.3?9
98,683
Creditors: amounts falllng
due Jvithin one year
io
(30,8791
(36,6301
Net current assets
7?.450
6?,053
Total assets less current liabiliiies
161,967
1?0,985
Creditors: amounts falllng due
after more than one year
{4.3391
(6,8751
Net assets
157.6?8
114.110
The fund5 of the charity-
Rc8tricted funds
Unrestricted funds
12
12
18,020
139,608
114.110
Total charity flind5
157.628
114,110
These accollnts were approved by the trustees on ?2nd April 2025, and are signed on their behalf by..
The notes on pages 7 to 15 form an integral part of these fjnancial Statements.
Page 6

Lockerbie Ice Rink
Notes to the finantithl statements
for the veal. ended 31gt Octol)er 2024
A¢counling policies
Basis of preparatio
Tlie fLnai)cial stalenients are prepared under tlie historical cost conveniion and in accordance with Accounting
and Reporiing) by Chaiities.. Staleineiit of Recoiwneiided Practice applicable to Cl￿ritieS pj'eparing their a¢¢ounis
in accordance willi Ilie Financial Reportiniy 5randard applicable in Ilie United Kingdoiii and Republic of Ireland
Ireland i￿SUed in Ociobei ?019, the Financial Reporting Staiidaid applicable in the Uniied Kinudoin and Republic
of Ireland (FRS I O?), the Chariiie% and Trustees Investment (Scotlandl Act ?005, and the Charities Ac¢ounis
Iscotlandl Regulations 7006 las ainended).
Tlie cliaTity meets the definiiion of a public benefit entlty under FRS 10? The financial biatemenis ale PTesented
in sterling wliich ib tlie fuiictioiial curreitcy of the charity and amounts are rounded to tlie i)earesl £.
Tlie Trustes consider that there ate no niaterial uncertainties about the Cliariig5 ability to continue a going
concern. Hence the fit]aneial statements are prepared on a going concern basis.
The ¢l)arity has applied Update Bulletin l as published on 2t]d February ?016 and does not include a cash flow
siaiemeni on the grounds thai it is applying FRS102 Section IA.
Fund accountlng
Geiier81 filnds are ui]Testricted fiijids wliicli are available for use ai the discretion of the trustees tn furtherance of
the geLieTal objectives of Ilie Charity and wl)ich have not been deblgnated for otlier PL￿poSe￿.
Restricted funds are funds wliicli are to be used in accordance with specific resirictions iinposed by donors or
wliich Iiave been raised by the chaiiiy for particulai putposes. The Cost of raising and adniiiiistering such ￿ndS
are cliorged against tlie Specific fund. The aim at)d use of each restricted fund is sei out in the noies io tl)e
fii)ancial statenients.
IDcome recognition
All incotne 1% included in the Statement of Financial Activities when tlie charity is legally entitled to tlie income
afier any perforniance condition5 have been niet, the aniount can be measured reliably and it IS Probable that the
incoine Mqll be received.
Expenditure reeognitiotl
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all
osts related ro Ihe caiegory. Liabilities ale recotrnised as as tiiere is a letsal or conslnjctive obl j(Tation, it is
probable tliat settlei]Trent will be required and the amount of ihe obligation can be measured reliably. The charity
feels that there ig only one activity and as such supptsrls Costs l)aYe not been separately identified tL% they liave
been treated a.% being wliolly for tlie fvlfilment of rhe primary aciivity. Governance costs include Ihe cost of
preparation and examination of the statutory account.%, the cost of tru5teeg' tneelings and tlie c05t of aiiy legal
advice to tTUStee8 on governance or cons¢ilulional matters. As with support ¢ogis, tl)e govemance costs are
treated as being wholly for the PrIn￿ry activity.
P#ge 7

Lockerbie Ice Rink
Note5 to the financial 5tatementS
foT the l'ear ended 31 st October 2024
continued
Taiigible filed a55ets gild depreciatio
Depreciatioii i8 provided at raies cal¢ulaied to write off tlie Cost less residual value of eacli asset oyer its expected
useful life. as follows..
Laiid and buildings
L*aseliold properties
Fixtures, fittings
and equipnient
Website
Not depieLiated
10 /0 Stiaib7ht line
33.330/0 siraiglir line
IOO/o sfroighi line
Leasiiig
Renrals payable under op¢rating leases are ¢harged against income on a straight line basis over the lease tenn.
Stock
5tock.% are stated at the lower of cost and eslijnated selling price. Proviston 1% made foi obsolete stock wliere
appropriate.
Taxgtion
The ¢liarity is not liable to corporation tax on its priniary charitabl¢ activities.
Income from donatlons and legacies
2024
2023
TotAI
fuiids
Uiirestricted Restricted Total
funds
funds
funds
Donations
Sp01150r5hip
Menibership fees
41,895
4.768
8,400
2.517
9.561
?,517
9,561
13.789
13,789
55,063
All of the inwme received fron] donations and legacies lll ?023 was unrestricted.
Page 8

Lockerbie Ice Rink
Notes to the financial statements
for tlie
ear ended 31st October 2024
contiiiued
Inconie from cliaritable activitles
2024
Total
funds
2023
Total
fuiids
Unrestrleted Re$irieted
filnds
funds
Grants reeeived
Grants received
S¢oitish Curling funding
51,424
51,424
38.64?
1.000
51,4?4
51,4?4
Otlier charitable ineome
Ice riiik fees
Advertising boards
Adinini%lration cl)arge5
Evejit incoÈne
Skaie sharpening
140,559
1?,400
380
140.559
1?.400
380
131.5?7
13.400
114
491
356
344
344
153,683
153.683
145,888
Total incoming resourees from charitable activities
153,683
51,4?4
?05.107
185,530
Of Ille inconie received from ¢haritBble activities in ?023, £13,64? Wds resiricled and £171,888 was unres1ric￿d.
Income frojn other trading activities
2024
Total
funds
2023
Total
funds
Uiirestrieted Restrieted
fund$
funds
Bar sales
Drinks machine sale5
Rent receivable
24,528
305
24,528
305
20.646
l3,7?0
40,944
40,944
34,366
All of the income received froni other tradints activities in ?0?3 wab unrestricted.
Page 9

Lockerbie Ice Rink
Notes to the fiDaDcial statements
for the
eai. ended 315t October 2024
conliiiued
Expenditure on cliaritable aetivities
2024
Unrestricted Restricted Total
funds
fuiids
flind5
2023
Total
fund5
Wages and salaries
Rent. rates and in%urance
Leasiiig of office equipiiient
Light and lieai
Cleaning, re￿$¢ and liygiene
Repairs alid iiiainienance
Posiage, sialionery and printin(F
Advertising & website
Telephone
Hire of equipment
Prizes
Bank cliarge
Geiieral expen*s
Depreciation
Losse% on dispobal of tangible assets
Inierest on overdue PAYE
53,405
25,159
956
67,666
1.883
18.651
598
5,880
1,384
2,125
2,9?0
2,081
I,o?I
53,405
?5,159
956
67.666
1,883
18,651
598
5,880
1,384
2,125
?,920
?.081
i.o?1
13.?68
109
48,117
25.0?7
101.68?
2,781
13.159
868
1,793
1.559
2,105
1,781
385
7.805
64
109
197,106
197,106
?08,417
Governance eosts
Legal and professio1￿1 fees
Indepeiident Examinees Fees
Meeting costs
Bond discount
225
900
270
550
4,765
4,990
900
270
550
475
900
207
(35)
1.945
4.765
6,710
1,547
199.051
4.765 ?03.816
?09,964
All of the expendiiure on ¢liaritable activities in 2023 was unrestricted.
Page 10

Lockerble Ice Rink
Notes to the financial statement5
for the
'ear ended 31st Oetober 2024
continued
Analvsis of e.Ipellditure on other trading dlCtivilie5
2024
Total
flind5
2023
Total
funds
Unre5tFleted Restricted
funds
fihnd5
Cost of bar stock
Opening stock
Bar purchase5
Closing stock
3,303
9,871
(3,4631
3,30J
9,871
(3,463)
9,907
13.303)
9,711
9,711
8,748
Other bar expeiEses
Hire ol'equipn)ent
Licences
74
?40
74
?40
343
?05
314
314
548
Total bar expenses
10,025
10.0?5
Drinks m41¢hine expenses
Drinks- i1￿clI1ne PUlLI)dses
Leasing of drink5. macliine
173
366
173
366
Total drinks machine expenses
539
539
Rental expenses
Repairs and renewals
1.94?
1,94?
896
1?,506
10,19?
All of tl)e expenditure on other trading activities in ?0?3 was unrestricted.
Page 11

Lockerbie Ice Rink
Note5 to the financial statements
foT the
'e4r ended 315t October 2024
continued
StAff eosts
Number of employees
The average moiitl)ly numbe15 of elnployees
during Ihe year were..
2024
Nuniber
2023
Nuniber
Ice
Ejnployment costs
2024
2023
Wages and salaries
53,405
48.117
53.405
48.117
None of the Itustees received reinuneration as an employee of tlie cliarity or were reiinbursed for any expenditure
duringF the year.
Tlieie were no einployees who received iolal einployee benefiis (excluding enjployer pension cosisl of nioTe tl)aii
£60,000.
Land and
buildings
freellold
Loiig
Fixtures,
leaseliold fittinus and
propertv
equipnient
Tanolble fixed ll55ets
Website
Total
C05t
At 1st November ?0?3
Additions
Disposals
5.914
48.810
38,477
13,873
5,984
(1,564)
811
69,408
44,461
{1,5641
At 31st October 2024
5.914
87.287
18,?93
811
112,305
Depreciation
At 1st November ?023
Oil disposal
Cl)arge for the year
6.771
3.557
{9561
148
10,476
(9561
13.268
7.910
81
At 3 1st (ktober 2024
14,681
7.878
2?9
?2.788
Net book values
Ai 3 1st October ?0?4
5.914
7?,606
10,415
582
89.517
At 3 1st Ociober ?0?3
5.914
4?,039
10,316
663
58.93?
Page 12

Lockerbie Ice Rink
Note5 to the financial Statements
for the l'ear ended 31st October 2024
continued
Debtors
2024
2023
Trade debtors
Otiier debiors
Prepaynients and accrued inconie
15.317
1.050
2,882
13,654
1,600
2,451
19,?49
17.705
io.
Creditors: amounts falling due
iyitliiii one year
Trade creditor.
Otlier taxes and social se¢urity Cosis
Other creditors
Accruals
2024
2023
3,285
6,030
20,664
900
6,646
7,143
?1,941
900
30,879
36,630
ii.
Creditoi's: amounts fklling due
After more than one year
2024
2023
Loans
4.339
6,875
Page 13

Lockerbie Ice Rink
Notes to the financial stutement5
for the vexr ended Jlst October 2024
¢ontinued
12.
Stfitement of funds
Balance at
1st Noi'embei. 2023 Ineome
Balaiice at
31st October 2024
Expenditure
Transfers
Restricied funds:
Cros%dykes Coinjnunity Benefjts Limited
Third Sector Dujiifries & Galloway
ANCBC
Cunninghame Housing Association
{4,763)
9,994
19,740
720
18,8041
119,7401
{951
1,190
625
51.4?4
14,7651
(28,6391
18,020
Unrestricted funds:
Unrestricted general funds
De%ignated fvnds
81,396
32.714
?08.416
{?11,5571
12,088
16,551
90.343
114,110
208,416
{211,557}
28.639
139.608
Total fiinds
114,110
259,840
{2 16,322)
157,628
The unrestricted general funds represent the free funds of the charity which are not designated for particular
pU￿￿￿e5.
De.%ignated funds relates io capital expenditure purchased using grant funding and if released in line with
depreciation.
Restricted futlds relates to fund5 Wlth restrictions inip05ed by the donors as follo￿¢..-
Crossdykes Conununity Benefits Liinited - Feasibility study to reduce consumption. fossil fuel usatse and carbon
emissions.
Third Scctor Dumfn"es & Galloway- Purchase of ice equipmeni and subsidise skate hire &
curling fees.
ANCBC - Improving doors, windows and rubber flooring.
Curn)inghame Housing Association- Subsidise curling sessions for 6-9 year olds.
13.
Allalysls of nei #sstt5 in funds
Taiigible
tlxed assets
Other
net assets
Total
Restricted fuiids
Unrestricted fvnds
18,020
50,091
18,020
139,608
89,517
Total ￿ndS
89.517
68,111
157,6?8
Page 14

iA)ckerbie Ice Rink
Note5 to the financial stotements
for the ve4r ended 31st October 2024
continued
14.
Related party traii52Ctions
Tliere were no related party IraLisa¢tion% duL"Ing Ilie year.
Page 15