COmnY R•gltratk¥n Mumb•r: SC634107 Charlty Mumbw: SC052209 Ardrossan Community Development Trust cmp¥ry Ihnliwl lry Mthwthg a capa Annual Report and Unaudited Financial Ststements for the financial year ended 30 June 2025 11111 'AF6HTN4R• 1710712026 CCWIAWES HOUSE A07
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Ardrossan Community Development Tt CONTENTS Pag• Directors. Anrtual Report Independent Examirs Rep)rt Statement ol F)ancial Aclivibos 10 Balance Sheet 11 N¢es to tho FinarKial Ststem8nts 12-18 20-22
Ardrossan Community Development Trust (A ¢omp•rty Umlthd ty guarnt••, not ha¥lD9 a shar• wi REFERENCE AND ADMINISTRATIVE INFORMATION Scolt Irvine Mothd lAwld 21 Jun¢ 2019. ResYJn8d 18 Fe 20261 Mithael Mccukn IhwTh'rrt•d 07 August2019, Resw 18 Marc 20251 8Yabeth Hardiè (Apwiwtsd 30 n• 2021, Résgned 19 February 20261 Maria Isabella Sle¥n 30 2021. Reslgne¢J 19 Fatsru 20261 Dhunt IAFW'nted 02 No¥gmber2022. R1gj 17 DècmbgT 20251 tloryra CInan¢ (Awtiinted 21 Oclol)9r2024. Re53 20 202fj1 Crag Wllw P8th"rs IpOIn 17 ma 2025, RèwJned 19 February 20261 Ste¥en J(wph Higgirts (Nwointsd 2 Mar¢h 2026. Respa 20 Apn"120261 HD3h Thomas Culhim IAppoi'nl•d 4 Marth 2026. Resgned 20 Awl 20261 Alis Montgynery IApFwtsd 20 April 20) AmarbJa Jane Simpson (Appointed 20 Apiil 20261 JLlkq Gray IAppJinted 20 Awl 20261 Cliailty Nurnb•r In 8¢otl•nd SC834107 R•ghtsr•d Offlc• Frank Svper• Cents• For Ertgrprtse 82.84 Glasgow Strt Ayr5hir• 22 8EH Unil•Y lfyb>J Indep•nd••)t Examln•r 29 Hamllic Strnfrt Satteèats North Ayrslwre KA215DT Ui¥t•J lfjrijdam Solleltof• ThB Ca'doro 4 GNdon Street Gla5g Glasg G1 3PE Unthd
Ardrossan Community Devel¢>pment Trust IA eornpw IlmU•d by not hvlng • ¥har• ¢•pW DIRECTORS. ANNUAL REPORT the financ481 year wded 30 Jun• 22$ Tho th"rectorn pr•s•nt th•ir D¥BCttiis' A ReFrf o)mrj tr• Dimrknrn, ReFYt arxl TA1$. Report aThJ unoudited finawd statsments fixth• fmc1 er>a•d 30 Jun• 2025. The fmancial staknerts are prepared in accordanc• wlh fv Crynpanw Ad 2L6, FRS 102 Yhe Financial R¢pert"ng Stsndard appficable in UK aTrJ Repu1¢ of Irelarvf arKI Act) wrfl Reporb"ng by Charitss.. Slatsment of Recommende¢J Practice a01cab to charth5 preparwwJ tr'r finanoal sl8tThnb in o¢v)rdarte wilh tho FinanBial RepJrb'ng StwJard in UK ar Re1¢ ot Irel)(J {FRS 102). The Directors. Report c£ntain¥ the tnformats.on w4uired to te PrD¥ in the D1Cto. Annual Report uThJèr b ststernent of Recunnnded Practtt ISORPI guJelinÈs. Thè direfAors of fv thanty are 0 charty trustees lor th? PWPgSg of C1ty aTrJ UThr c8nVs corbttthn We krxxwn as 01 Ihe bcrd Dftrusl•es. In thks r8FXrtth8 d1CtOrS ofArrJrossan Ccmmunty Dent Trust pre5wa $ary of rts puw. wrnan¢8, aelM"ties, achments aThJ financ45 fDr finarKil year 30 2W25. f•qu1MIrtts ol Ih• cp8n1$ Ad 21 aThJ. YJwh not (thjed tD canpty ith Ihe Statement of Recommended Practrce applicabl• in UKarwJ RepublOf Ir8laThJ FRS 1. tho oryantsab.on has inpkThented ts recommwdations Prlnclpal Attivlty The cornpany has been frJrTreJ to c(mrNnty of Ar(IrosW tAKh (¥)mpTvs of all the postco within 8e(#or KA22 (Ihe Cc#TrM1r} W•ith Ihe fOltr'ng rti'. 1. Th• &thancnent of ojmmunity dvbkynert I'n9 the thantxn•nt ofuthn or Nral regeneration Z Th maintsnance. legeratiOffl. and inwobwnent ol th8 Ctfflmunths phyxal. ?n0m social. 8nd CUra1 M)frastructure. 3. Tts advarbxmgnl Of•J01, trwrirg, , •. spots. re¢¥pation. environrn8ntal qnprMent. soryal and ac41FmWIb1ng. 81Thetum Governing document The tharity is rt8 gwemirvj d(¥%ment {ArfiL5 01 Ass(#iakn.' thpbj 20191 nd consblths a lim e<ryary, lirntsj by guorantsè. a¥ by tre Curyanw A¢t 2(Th. Compo¥ltlon ofth• Bo•vd. R•¢Nitin•nt Ahd APptillIntof N•tTrustW8 Th$ Compos.0ft of the boo i8 letsile(l in Artxles ofAsso0ati¢ wtKh ststs.. CATEGOFUES OF DIRECTOR 76 For the purposes ol these artid•s "Memb?F rne8 a ¢JJ"rector of# ¢ty1 appoinw under articlès 82 kn 87. 'Ctroptad [¢10 nwns a Inonrfnemtrl dweLor rwpDint8d by I dirnctors undw arts"de$ 88 arKI 89. MAXIMUMrnIINIMUM NUMBER OF DIRECTORS 77 Tho mlmuM number of direck•r5 shal t 11 ofihat nthTrLv. no rn0 9 Jhalj be mtr Dirn6torn ¥rnl no mortr than 2 shall be Covopted Directors. or ofwhth. POS5ibk, 5knld be a Junior Member. 78 At any tim•, diredor5 who are aLso Ckdinary Vémiw5 rnt fra a majonty of tha total numb•rofdirgthr5 in office. 79 The mrninM#77 nwnb8rofth"rectors shal b• 3. ofThlKth a maionty must be Dir8th5. EUGIBILITY go A per¥on shall not be ehjble for eIectsNapWnbi)t as a Mwnber Oiretor unlts$ h8lsh• a member of the comp)y: a p8tsM appointtd as a Cwited Dir8rtor need Th)t. hover. a nmLroltr company. 81 A notbè eligibkn fty as a dir•ctor if Pthhe is ernplw of the company. Tr appOintrnt of rth¥ chwity th"Rctorn r& del•"led ni oJrArlKles ofAssoriation sts.' ELECTION, REllw RE-ELECTION". MEMBER DIRECTORS 82 At each annuAI general meetirNJ. ts Or(thnary Vanb8 may Isutr48et lo wlirjes 77 to 811 elect any rnWT¢r Iprowdirrfj helshe is willir#J to W to be a dirBctoi la'MemteT Directon. 83 The dirtorS may IsubJ'ec to artrAes 77 kn 811 at any time appoint (rridiryj h81th is wllirvj to adl lo te a director la'mernber Drectoffl. 84 Atthe fjrst annual ral rneeb 3 Dfthe Memter Dwectm shall reb.ro frorn Off.. Ihe slion ofwhK*
Ardrossan Community Development Tnt IA eompw Ihmlt•d ty gu•Trrtw. not hvlhg * ¥hthi c¥ DIRECTORS. ANNUAL REPORT for the ffnonaal year ond&Y 30 ju 2025 is to rets.re shall be demiined by scffle ffleth. 85 At each annual 9eneral Mtr.rJ lots than tre first) lal any Membèr Dwector apwnt8d unrjer 83 {Jwi tr peT¥>J %rKe ts prerAlirvJ •nnual ra1 meeting shall r•tir• frorn oifrte.. Ib) outol the rern•niry Ihemt¢r Dirertor5. 3 shall rgtire trom offic?. 86 The dir¢0 to rets're ParaPh Ibl of arb'de 85 shall bp Ih05e h•¥e knggst in offir• ftr th4y w•m last d8cted or rMlecte¢J". as betreen p•rsors WI iqst elecethI on th• wn8 dato. qu88b.on ofwhKh ofthern ss to tsTe shall te d81eIj ty sorr rnrxlom m8thod. 87 A dwectorwho retrres from office urthr art#Je 85 cf 86 shll bè l>bè for r19(0ft. APPOINTMENTIREAPPOINTMENT.. C¢>OPTED DIRECTORS 88 In aildtrti to their under artKltr 83. dir•dDf5 may Isubpet to arb"d•s 77 to 811 at any time appoint any non4nemter of Ihe company IprowdiryJ helsiE is %lIK¥j to act) to te a dirnctof18"CtrcW Oirneton eith•r on the basil that hetshe has been [inated by a b)ty with whbthth? eryny has d(th contsct irt Ih8eourse of actthiibe5 or on the basks Ihat W5ha has e4L£t èx&WI armyor skths couk1 bè ofassLthc• to tho directors. 89 At each annual gBn8ral r•1, 1 ol th8 CMpte¢l Dir•ctors shall rnl.re fr[ office- but shall then I$LtsJed to arlides 77 to 811 b• el1b1¥ fr>r rwpoinbnent uThlèr artJd# 88. Rwl•w olAchl•wm•nt• •nd P•rforni•n The Trytst was successfvl in seojring grants from th? Erergy 1rS TTUSt ltrwards th• ¢>)n51nJth"on of Hub on the Prom and aCSsit4e soulh beath play park alOrth a grant frrm the Peoples PostcoJe Twst. We also secured from Cunningharne Hou¥ir¥J Assotsaion aThJ Ayrshire Venture Tnjst In a0"0n, the Trust reciv8d srgnificantgrantfrcm SoTb Fami fOrStn"bUt to the ccrnunty. Beyon¢J this. the TruStUmd lundiThJ from Noth Ayrshir• CtyJrKls' Parnrtal Empknyilty Pityr•nm• ¥Ow"L •Jdtkno1 rnember ofst&ff. Fln•ndal Revl•w As antpatel1 las1 year, ts T1 has an strv•m thrwJh th• r•ntsl oltrtuldiTh> thrw3h 9r4nt fvnding. This provi¢ Trwt¥nth irKgTh for ts brvJ8r tenn. In aththtion, prtivid8 a managed trthe local hOUng wociation¥thth draws in a sgnrfKant ofourincm. 141fi1t•l Trusthas teen su$slI in securing seve1 grants y••r. nèxtyètr TnL%t (ed to seek to ensuTe community acti¥ilie¥ te provided. Financlal R••ult• Attho end ol the finanual year the chanty Iw assets of £1,247.89212024- £W.5251 h'#bthi¢s Of £BS.417 {2024 . £72.8321. The of th¢ (anty have I[¢8$1d by £330.782. Re••rtss Poll¢y Ardrossan Community D8Nplcym8nt TDAI •xists for tn of inhabitants ol ts hxal area t physical enVirorent arxl posrtfftty impad on the lik of ts k>1 crynmunty thrwJh achwNJ thair aspirntions. ParilY ts fvndiThJ streoms wll be mainty via nI furyliTrJ from luThJNsirKJ. the hxal autrnty and national The rat¢ behi[ the pgly". The boafd oftnAtees reco9rrige have a duty to or90ntiorfs fiJThts within a r¥asonabl# t'mè ol r•clng them. trkn¥e¥er. aLw to min the dwritys fiJtsJr¢. ab5Lvty seth8(s, tk8 thantaye of changa and opportunity. To pro¥ul8 for we need to ¥et inc( ashde. when Can afft1 to. a5 a for luturv, or against future unfrtainties. Reserve5 are Ul[• to colhe thprheads ol ts buihth"rvJ5 it maintsin5 and the main ath"wb"es it uThJertakes. Afthough. rt does need to te slated Ihat Ihe58 arè kyw at rxewh( after ccfflplele davelopmgnts in the noxt fintraI Ouf commthnts irK¥easè. The bjart of tN5tees will over a pgric#J s8t asbje rBservas to LX)ver fDr a 3 month periol. Th& tr(tstees ¥AI outline area5 ther¥ may Èe 51%)rtlaU5 in and hthv vlill b• met It ts not aC£•ptsb to h& a hKJh lè¥1 of wrves. hgh in act1 terms or even It pn)porbonate to turnover. bf11 cannot be jusbfied. This coJtd be seen as Tr)t prcyety tJireth"r9 t resour3 of charty to the fijrtheIa ¢f ts ehartsblg d>jèth"¥es. LoNJ-temi r£fflmth8nts lo stsff or 3$e$. CK refrjrtxshment plars which may have to l)e paid out of res•N8s, shoukl howover. be cons¥JeTrJ. As the ¢hWs o¥ethets or d¥nini$h rt wtll a(kl or take from t rn$8 yeai y•ar k) Maint"n a ojrrect kvel ol se. This m•an c4nsidgring buibth.ngs eosts and ottadY and thè main activth whi( rtwsls to wo As partofthe fnarrial aectyJnt"r#J period treach Yeart b)ard oflnxes nnber0168rnW and l)r8e4St fr>r the follwng ffinancial year. r9nis• thatts Tr$e1 rKIt a stats do11, chang•, tt nancid posilton of th8 chanty may d)an98. may attor. IAk uTrJethnd that it i8 imKKJrtaDt Ihat lh• r•s•Ms policy L% ath.vety m¢)rwtornd ard rnv*d. HavirrfJ revkqwtd th# tsjsth.ngs for 8 3 monlh pan1 f(thè r•poib'rvJ w¢)J it 15 rea$orle to assume that an amount of £15.000 wdl bè a Sufficient rese trwlÈes have taken into c4)nsh1er"on the grry•Ah in our assets
Ardrossan Communlty OeveloFrfnent Trust IA lknhd by lnts#. nol havlng a5hart DIRECTORS. ANNUAL REPORT for the finanual 8nded 30 June 2025 ¢)ver th• next aounrj peitDJ Tpccqnae thal this amount may ne•J to inty8as• substsnty"alty. Thk c¢¥er 3 month commibnents to staff, feas8s, insurart. rnain acbwts wp4h to yote¢t Thè trust$ 11 Cr81t with the lo1 aUlI¥ty (Noth Aytslwrv Cr). Icta hAvj 058Wation lening Hou$iryJ AssocAti"onl an(1 govemment ¢kpartments to maximi 11 to allw us to ach our ob'JeCb'. Ow PTacc85 ¥ill be inforrwj by wularrJMuNab"on tth Crynrn mernber57knJ vrill thays guideth8 charity on itj fvbJrB path. Th• tharstywitl fcojs on pos0% ¥npactsr¥J thoIArdr0sSan canpw of alofth• postcojg unts wilhin the postcc4Ye sector of KA22. The charty WAJ s•èk to bnThJ into U8e ¢Jerd¢t orKI buthh.ngs fDr eNnmurity Ltse aThJ be guthd in this by ccnmunity mBmtets, ond wll pTrle ¢ommwty and alth tthJIr ensurlrg th9 ommunty sorve 18 Jlty activg in gulry the charty. Dlrnctorn Scott IMn• IAouid IRtst•xd 18 F•bnJary 21Y261 Mithael M¢Culbth IResgne(118 Marth 20251 Elttab•th Hard IRe5yned 19 February 20261 Maria Isabella Stons0n IResrtod 19 F•bruary 20261 Hugh Delahurrt IResvJned 17 tlecwntrf 20251 Donna Marie Cullinane (App)tsd 21 October2024. Re3vJned 20 2Q61 cra 111 Pkin5 INgw"rtsd 17 Marth 2025. R85vJn•J 19 February Steven Joseph HwJair6 (Appointsd 2 March 2026. ReswJ 20 Aprd 20261 Hugh Thn8¥ Culhll IAFwintsd 4 Marth 2026. ReswJMd 20 2026) Alison m¢t9¢ery (Appointed 20 kn120261 AmaTrJ¥ Jang &mpson IAFP)irrte(120 W"120261 Julia Gray IAFwntgd 20 April 20261 The eharity er¥Jagts PrtPIY wrth glaon. stsrthrds aThl coJ85 whK are ts¥ek)p8d for sethr. A[droTr Cornmunty Development Trust 5UtJscribes lo and cthnplianl¥rilh the I0kn"rs.' Compans Act 2( Chaithes SORP IFRS 1021 Fundr•tslng A¢tlvlll•• Soeuring olfvnding forACDTsthaiilabl8 ac4Ms and wpc6es bndLpJiTrJ £21.0 SothKfjn(l Farn) CommuNty Fund. £5,OW from CunThn9ht4M Houwrtj As$•bon. £10.CUJ for the secwl yaar3 paymani frDm Ayrnhir Venturn Trust •rKI rwwpl of £2S.OCiI from Postcryjg Tn( Th• ¢harfty'• knpacton our¢ommuiwty. On th0 11th October 2)25 ACDT offiath the Hub on Ihp Prom l(4JLyAd the n•xt day by on ¢P1ft9 celebrab.on Fun l)ay at Hub on Prom freè fairwJmur•J Traes a1 kn xb"vites. On the 10th No¥ernbef ACOT hekl a B•ach B(¥Jtranp in tth HouBg sauna prowjing healm ond welltéing aLvits8s for the community.. On N0mber 24th ACDT s8t up a COmrnlty bookca$8 in the KKJ5k at eeach l¥t¥j tho local cimmwty arsS to free books as ell as sta(b"rvJ llbw"r¥J frryn H Honeybee CoitJe hekl a pop up shop and teath m•ation aTrJ ACDT akn hekl B•aEh Nalufe Tours. A frne E8Ster Event akn Owls by ACDT at Hub on Prom, Which Indj a $Carer hunt. easter c1¢ring. gaskr egjs arnj 9)oty tAgs Ie actiwbes for in CmYnbty. On thè 6th Jurp ACDT L4uncW thg openiThJ of rvty wgrthd mini goM provith"NJ fr•8 famity xtivth.es indudir the ban of tr)If clubs aT¥J batls In Derntera Gmry tree was gèt at Hub on Prun wthtr4ffjf rerAiiwJ IMI ar resNnts wthin thg MMU1¥ty. 60 ere donated to South B&ich Care Hwne and 150 to chiklren in tait across Noth AyT5hirè. The Bèach huts eontinu8 to i LMed by vario8 r>Jmrnunty 9roups and oTganisab"orL8 inclLklir#J Grey Dippers, Cyet•fix, HolsticJb8auty. t phctogr¥hy *norvJ others. Cknrall the xtiwties Proe<l at Hub on the Prrm serye to obiocw ofACDT. on 18 Juty 2026 and gion•d on 5ts b•l¥ll by: Amanda Jan• Slrnp•on Dlrnctor
Ardrossan Community Development Tnt IA compwby mIl•d by guaThnlg•. not havkng a sh¥• STATEMENT OF DIRECTORS. RESPONSIBILITIES for Ihè financ4al Yreth 30 June 2tr25 have 818Cted to finanlial Staternts in ac£ordan WTth Unrfgj lfjng(km Generally Actpted Ac£ounting Practic IUnite(l Kiwlom poun1 StaThJarf5 ar¥J app1b>b indn9 FRS 102 Th Fina1 Reports"rKJ Standard app[rAb in the UK anol Repththc of lffjland" Se¢tb)n IA ISrnaN Enbtssl. Urthr fJnpany l&v the dirnctors must not aFprove thg finaftcl stat8rnents tly are 5atsfd that they a true and tsir view of the stats of affairs ofthg company and surpkn ordefth?t oltht rawany knr that penc In preparing th•sg financial statements. the directors arn T4uire¢J kn: mjtKlgements and 8Stima5 that arp reasonabkn and prjn¢ • whèthèr ts finanoal ststsments hab b88n prépa1 in actor ilh relevant finawal r¢portirYJ framgwork, identify slandarts. 8nd nots ts eff8Ct and rBasons frjr any rnatsrial departure fTDm Ihase Standards., and prepare the finantsal statements bas esS it ts iMWJToWe to presume that ts dwrity will in apèrats.C. Tha dir8Ctors ar• rasr<Jnsible keepry ajeQ actounling records that are sufficaent to shcrw and •xplain thè chantys tratiOnS and dsclxe tMth I(ab •xuracy at any finar¥ial p051th oftha charity •nat48 them to that the finarrial c(xnpty wth the Compa9 Act 20C. Thty a also rn5porffje lor leguarding assets oltre charity arkl tskir¥J rBascffiatl6 steps forth8 preNth"on aTrJ dete("on offra1 aThJ other irragulail*. App lrnet¢)rn on 16 Juty a26 and •1gn•d on h b•h•ll by: Amanda Jano sImOn Diro¢tor
Ardro8san Community Development Tnt IA comp4ny Umlt•d ty yants•, hwlng ¥¥hnlafl INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF DIRECTORS OF ARDROSSAN COMMUNITY DEVELOPMENT TRUST lo ha¥e •xamid stattmts of dwity kn th• finwtsal year wKled 30 ju 2W25, wlith crffipri the Statem¢ntofFinWl Artnbes. the Summary Inctsmè ar&t ExpwJtsa Ihe Balarttswal thè rèlatsd This r8POrti& m•Jesoletylotr ¢harIty$mem, as ab(. in xcorfanc8withtr tsrn)s olthe Charit•s and Trust8• Investrn•nt ISthdand} Act 2Crf)5 Ihe Chantses Aclts (Scollandl Rtyilatiorts 2006. Our work has been undertaken so that w• ffirwrjal 5tatemerts that We ha¥e been engw to eompi. report trj Boartl of DI0 that we have done so. and state those mattefs that 4reed to 5ts1e to trn in this report and for no other puipose. To Ihe fullèst •xlent wrn¥tte(l ty L¥. we do t w or assu fesp0rthlbi lo an9 otherthan the charity arKI thè mlte. as a b)ty. IDr oww)rk. orfDrtros Iwi Rpa¢v? rnsponl¥Hltl•8 oldlr•¢torn Ind •umlMr The chanVs Iru$tees Iwl) are 0 thg ¢ir•(lor5 oftt ¢ixnpy fDrthè purpow of¢cKnpary1owl arg respongible for the PparaOft ofthe financrdl ststernents in XCOrdan ¥vth lh8 rewuements oflhe Chariti&s and Trustèe Investrrtgnt Iscooanrll Act 2005 aThY Ihe Chaiknes Alxounts IS¢oYaTrJl Re9UIabJ 2C(6. The thaiity's directoTr consJgr that an aud¢t is rtot rBquired for this financial yearurbyer Re98 10111 (al to Icl ofthe X6 Regub#tigns and that an ireP•T1eTht •xaminats"on Mwirnd. It i¥ our respoMlJilty ILI.. • examine tre ffinanoal statom 5d10n 44(11 lel Of1 Art aThJ Ba81B ol ind•pend•ni examin•f• rBPOrt inclu¢Je$ a Of acg)untir¥J recrts k8Pt bytr o)aYty and aCLYnpor ofthe fmano¥d statwnents presentgri 7W¥th th018 rec4rd5. It a150 indude5 C6Jall)n of any unsUal it•ns or d15dosus in Ihe financid sbtements and seeking èxplanabons from thre¢tOrn ClyMI3 any Such matter5. The prc¢edures undertaken do not provwje all ttE evidence thatwould be rpquire(l in audrt aTrJ LxnseqLwty no cpnion i¥ gtven as I0the accountspresgnt a'tn KI la wew #n¢1 I1 report is bmiled to those rn•ttws set out in thè staitsrrt bebrMT. Indepd•nt¥XM[n•ts •t4t•ffl•nt In L>)nnecbon wilh our examinotion. rn rrwtkr h85 our &ti#niith whth ¥8$ us eAth%e to tdpave Ihat , Any matenal rBsp • accountrvj wc•nlsfftrn notk•pt in acc•1dTIIti •th"on 44(11 {al o1th•2CW)5 A¢t afKI Re9Ulati 4 ollhe 2006 AcUnts Regulabons th• finanual slatements do r)t a(%j with thcse •XnIN1ll rttL¥ds •fvJ curvy wilh RwJulation 8 of the 2006 Actounts Rogulakn"ons the financial staternts ha¥e not be prep¥ekl n a¢oJrdan the &aiernert of Reeernmded Pwtit applicable to chaiib85 prpparing their acwints in awydance vnth ts Fiwoal Rerxytiry Stsndald applicab in the UK Repu of trolarnl IFRS1Q21 Flon• FIA4AT ANDERSON MACDOIIALO A¢COUlA*T$ 29 Hamirton Street Noth Ayrsh KA21 5DT Unilod lQng
Ardrossan Community DeVelOent Tnffjt IA companylknltod ty qu•rart•o. not b•vknB •¥lw• STATEMENT OF FINANCIAL ACTMTIES for thè lknantsal y•ar er#Jed 30 2025 Total Fund5 2024 Fund• Fund• Funds 2025 Funds 2024 FuTrJ5 2024 Incom• t¥)nat)n$ and legaoes Chantat4e activtss • Grants fr1 goVents and other ci>lwKler 49N37 40.701 {1.4991 39.202 45.W 22.880 6336 760,897 780,897 Ttstsl Inc¢Nh• ¥623 316.n6 481.359 63.561 759,398 822.959 Exp•ndltrJr• charitse acti¥ths &1 74mll 7SN97 150 48.998 79.757 128.755 Not In¢¢¥n•l1oxp•ndlThl 203 310339 330.782 14.563 679.641 694,204 Transf8rs fuTrJs (6001 (449) Net m0ment In fund• lor th• fInal•l year 21.143 JH.639 330.712 14.114 680,tr>J 694,204 Rgconciliatlon of lundl: Totab funds b8ginning of th• year 14 22347 •09A46 1. 8,133 129,356 137.489 Totrl lund• •tth• ond of th• y•ar 43.390 1.119.0•5 1.161475 22.247 809,448 831,693 The stat78n1 ofFinarlaI indLwJB8 al g•rB arm1108 wni¥¥l in ts finarwl r. All inccffle aThJ expendrturn rdale to ccfjtirwiry aLlpits.
Ardrossan Community Develownent Trust IA ¢¢¥npany by •uarorrtO•. not havkng • sh•r• ¢apR•ri SUMMARY INCOME AND EXPENDITURE ACCOUNT forthè financ4al ygar 8ThJed 30 Juna 25 2025 2024 Fknan¢l•l A¢¥v41•• Gros¥ irK¥)m• X623 401 Jsg 822.959 Tol•l in¢om• Tot41 •xp•nthx• 461M59 1150,STn 822.959 (128.7551 •t IA¢om•lI•xp•nrn) 330.n2 694,204 The tharity h&s no wn8 or losse otlw than fijr tr ffirMal yew. Th Te8uts lorthg ffinabKHI year haTrR been calculated on the histort¢al c4)stba 10
Ardrossan Community Development Trust IA tompany Ilmltsd ty wJarart••, no¢lw¥lry •th• wl Comrry Ilthb#r 8C834107 BALANCE SHEET as at 30 Juna 2025 2tr24 Fknd Aets Tangibk assets 1.1gSJ35 808.025 Debto Cash at bank and in trAr 12 1fj.674 29.175 87,325 $1567 96,500 Crndltor•: tNhln on• y•ar 13 116.417) (72.8321 Mdl Currnnt ILiabi&tiMYAts 13U60) 23,eA8 Totsl A•Ml¥ l•M CuTh•nt Uablllll• 1.16147fj 83t.693 Fund• Restricted fvrrfls Cneral fund lunrestri¢WI 1.119.1185 22.247 Tot•1 fvnd• 14 1.162.4T5 831.893 Thgse financial 5tat•ments hav• been prlparnd in ith the Spal pro¥wMs rdatiThJ to small eomw y11n Part 15 ofth• Ctynpanies 21K6. For Ihe financAI yew en¢Jed 30 Jww 2025 ts thrity was entitled to ex8ffipti alit 9ecbon 477 of th• Crynpani95 Act 20C6.' atsj r) nott ha5 tsBen deposlad undèr s•ction 476. Thg th'redols confim mThbers 1d c£•npAny * Obtr an audttolits financk81 staternents for th8 fjnantial yaar in in accordf vthh section 476 oftr CryTyanw Act. The directorn 4ckrthleth3e their resF4)nsts"hb"ey for ensurir9 that th? ¢aiity kgy ting records vthich C4Mnpty with section 386 anLI for preparing finawal slakn•nts whthgNe a tru8 arkl fairof th8 stats ofaffair5 oftho charity as at the end ofthe finanual year and of ts profrt and kyts for fmanual yr in accorda with rwjuirements ol sec'on3394 and 395 and which othtNtsèLwnpty wthlhè rtquirernts olth•Cthmpanies Act26 relats"rYJ to finarKKal staternents, so tsr a¥ applicat49 to CIlty. The ffinanoal 5tatemenis habB b••n prnpaf•d in xcordarK• 4wth th• proK)ns appb¢able ti companies subject to the small eompans' rwjine and in acuxdanc FRS 102 Tr ReF'r4 StsThdard appIlblO in thg UKaTr Republrc ol Ireland". Seetm 1A ofthat Slvthy and atthW forlB8U• OTr 16th1y 2M and •Iv1 on its by manda Jan• Simpaon Dlrector 11
Ardrossan Community Develowent Trust NOTES TO THE FINANCIAL STATEMENTS for Ihe ffinancial year 30 June 2025 GENERAL INFORIAATION . A95San Comrnunty De¥wknertTfttst $ a ¢7Jryyry Ixniw byguanè iwrated in th8 Scottand. The stered offic• of the eharity is Frank Cerrtre For Enter. 82. 84 Gksgow Stre8( ANJrossaTh, AyTrhLre. KA22 8EH, UrMt8d Kingd 15 also tt F¥Ywl pl of busw ofthe ¢anty. The fnan¢¥al $tsl•m8nts presenled in Pour¥J (£1 1th 0 luncbon¥ ofthe Larity. PAIMMARY OF SIGNIFICANfACCOIX4Tr4G POLKIES mal•iia in fylation b) the chanty'$ ffinorKal slaknts. B••lo of prnpwatlon The finwKaal slatwnents have been prrf upthrthe histori1 costconvention, mDdrfa lo include (•t•ti items at fair value. Thè finanaa Stnts prePad in accordan wtth Ihe Stat•ment ol RecommeThJed Prti ISORP) "A¢c4unb"ng R•pth"rvJ by Choribes preparng Iheir acuuTrts in aC0)rdan vAth the Financial Reporb"ThJ StaTrJ•rrl applKth in I1 UK aNI R#publ of lrnlwvj FRS 102" appty'r4 S8th7 1A olthat Stsrklard. As p•milted by the Companrés 2Cth. the drity ha5 vawj tr starffjard forrnats in that act fDr Statement of Fsnanaal fvthtes the BalarKe Slwet Departuw freffi thB stsndafd fomals are to ¢ompty Wbth thè rB4uir#m•rM¥ of ts Chaitses SORP WKI oro in wilh s•th"on 4.7. 10.6 15.2 of that 50RP. stAt•fft•nt of ¢ompllanc• Thg fiTrartoal $latements of chanty lor finartsl year erxl•d 30 Jung 2025 have t#n prwr•J on the going coTrcem baSb5 ar¥J in aeoydarKerylh Ihe StatemerrtOlRecThnned Pracbce ISORPI'AcwunknNJ and Reporb"ng by Chartes preparirJ th"ra¢c4yJnts n a¢corf•w tr Fm8n¢id Repm Standaftl applicable in the UK and Republic oflrpknd FRS 102-. apptyYYd Sethn IA ofthat slandard. Fundac¢ouftlkng Th• folln9 arB th• offts rnrnd.' Unre•trl¢t•d fvndB • Gèneral reptpsent •nourAs thich alè al thè dwotion Oli board. in futhTar of tt objectNe$ of the charty. • Desgnated fijrth comprtse unre5tr•d furts that th8 t#Jarf has, at its di"On, set aside for part5cuJar purposes. Thes• deswJr4two ha #n •knliL%lra p4Tr)s• th. and Trjt 18galy restrict the boards Incomo to the Inc0. cor#JTtms attatta to ts rtwnlsl of teen mrf th• amounts invo can mtrasur•d suffitsent reliablty ar¥J it is prc&abl8 that t inojno 11 be Ne(l by the Charity. Incom• from dwrflabl• •¢tl¥lll¥ arrareements and fr(m Frfornianc• rthtsdgrSWhth Iwcwknthat¥>ecfy Ihe py0vlon olpartirJJlar semces to be prowwJe¢ by tho (anty. If1>e from goyermprrt aThJ olher g)-fiJnders is rttognis8tY Ythen the eharity l•gaty entr#•d to the tncolne tecause it is tho ¢tsidrtts contained in the related bJndiNJ agrB8ments. a 9rant r•cwed in knanc*. ts wecognth.on is tsknred arvj indudgd in cr8ditots. V4kn•re entknnt oc£urs before inwne is receiNvJ. rt arU3 in det¢tL¥S. 12
continuwj
Ardrossan Community Development Trust
IA ¢thnp)y UmFtsd by guavarts•. M¢ hwlng •¥h•r•
NOTES TO THE FINANCIAL STATEMENTS
forthe finanaal y&aT ended 30 June 2025
CDre objectives ofthe 9rant agrewwrt tr wity is meeliro Ihe core 04ectives ofa
grant agre( it rnCO9ntseg relabj the ethnt thal r¢imbuFsabk• by ts do. ¥$
ineth•.
•fim• based condthns.. t•rtrebytrdwnty is Crybtratw enlilad ttsfundirrfJ on thè ts)rd"0n that rtis utilisl
in a parti1rpeIl0a. In thesec4sesll LantywiBestr inc(The tofvgxtènl r¢ B utli81hIn Ihe FiwJd
sP80fi tl a9r8emw
or receivable. thKkner is earlier.
Expenditure is anafyEed bètwÈ¢n costs oferi1#bI• and rasThJ fund5. Tr costs ofeach a¢tivty are
sepa¥atety acojmulated disdcsed, and anatysed ac(rdJ"n9 to ts"r major tnpOnents. ExpgThathr is
recognisad whan a IW Of canstnLtive obl¥Jat¥)n exi%ts as a resuft of a past e¥pnt. a transf81 01 ecnnc4ni
benefits is rw4u¥ed In settlenwnt and t am¢)unt of Ihe Obligat can be mea5ur8d. Supwrt costs ar&
those luncons that ass•t th w(k of fv tharty but canTh)t bè attribut8d to on8 aCtlty. Such Lxts are
Tanty fix•d a•••tr and d•prteSatlon
Tangble fiThJ ass•ts are staled at Lut w •t v4uatiw. I wulatj d8prELialKn. Th• char9• to
d0prnUatn is ¢ufatod to Trte off ts original gjst orvaluation of tsngknkn fix•d Assèts. le theii estirn•knd
idual ¥. over the¥"rexp8ded tJ8ful ITr5 as tDIos'.
Plant machirry
FixWrBS, fith.S and Ulrt•rt
25% Straw li
25% StrawJht
4% on cost
Debtors are recognLse¢l at setuwnerf atr any dw)uni 01k. Pr•payments ara valu8d at
th¢ Wunt prepaid netofanytr dwJUntsd. In18 byth• charity from 90wrm0ntanc
and othercTrftuthTr, but not yet refftd at finants ytyar •NJ. i8 i11•d in tJebtor8.
Ca8h ot nk rtd
Cash at bank and in harKI (PrSS on thposit at tw3 rpquiriThJ Iw tlkgn Ihm montlw nDtir¥ of
valuȢJ added t&x i8 9Xr&&I as rthrred.
Deferr•d tax is reetranised in resrectofal l¥ningdrftrewthat origind but notrn4fsedatth• bolan
Sha dat• trartsathorffj or •bnts have c
Ardrossan Community Development Trust IA eompany Ilmlt•d trj tthlhg ¢•pttall NOTES TO THE FINANCIAL STATEMENTS lurthe ffinancialyoar •rKl•d Xl Juntr 2025 R•v•rtu• Grnnty Inch0 In th• •bty•• •r•: 2025 2024 8.BOS 27.297 North Ay¢3hirp cowK. Parnnla EryADy P8opleS Poslctrje Tt Norlh Ayrshi Venture TnJst sorb Imndtrdmi LLP 28.879 10.000 49.37• 36.102 41 CHARITABLE ACTMTES 2024 Fund¥ Grnnts from go¥¢rnm•nts and olh•r¢o4unkn. and oth•r In¢tyMI: 4.2 INVE3ThE14YS 2024 Fund• FundB Investrr¢nts 306.236 31633$ 780,897 EXPENDITURE CHARtrABLE ACTI5 Oth•r Support ¢o•ts 2026 2024 139.131 139,031 111.740 118.224 10,531 GovemapKe Costs (Note &21 10.746 135.1 10.746 160 128.755 6.2 GOVEIINANCE COSTS Oth•r Suppwl 2024 1Q748 10.746 10,531 SUPPORT COSTS 24 11K746 10.746 10.531 ANALK81S OF SUPPORT cosrJ 2025 2024 Supwrt 10,746 10,531 14
Ardrossan Community Development Trtt IA Company Mm5f•d ty gu¥4nt•. nat hlfi9 * Sh cp NOTES TO THE FINANCIAL STATEMENTS rth• finanerdl year•rthd 30 June 2025 NET INCQME 2026 2024 N•t Incom• i• •tat•d aft•r ¢hrylnW(cr•¢¥liry): oèpr8ciats.on of tangible assets lTrJependent Examinets rBmunerabon". - irlependent 8xarninatn seN 138&2361 1760,8971 IIIVESTMENT AIKJ OTTrER INCOI 2025 2024 388.J6 760.897 C*pital Grants in th• •bo¥• aw. 2025 224 Nab"onal Lots Playpwk North Awshire coUn- Hub Pr(¥n RCGS- H&> on Thè Prr Transf8rto aYPark DTA SCoaj CunnirrfJham HousiNJ Associalion ErgY Saw"rvJs Tr1 Ncrth Ayrshirè Cr01- De¥elcwient North Ayr5hirn cn¢- c¢ytsIrr 253,870 1,2C(J 503.380 2.447 2.904 1.195 3d8.70D 37,636 12.0671 12,0321 386.236 760.897 EWLOYEES AND REIARJNERATION 2¢Y24 Wages salw Pensic tsjsts 68.964 1.523 49,412 1.309 58M87 50,721 16
t£itinued Ardrossan Communlty Development Trust (A eampny Im•d by 9114iht••. Mt havlng * cplWI NOTES TO THE FINANCIAL STATEMENTS fvr thè year eTh1ed 30 ju 2025 11. TANIIBLE FIXED ASSETS Pl1 FIxr•S L••Mhold Improvtrn•nt ma¢hirnry fitlsrtg¥ nd C47¥t At1 J24 Addition¥ ,455 436,383 844,154 440,347 AI 30 2ff25 1.281.838 1,284,$01 D•pr•elaiion At 1 July 2024 Crge r the fwrKial y 175 175 35,954 52.371 36.f29 53,037 At 30 June 2025 89,1 N•t b tnlu• At 30 JLWQ 2025 1An 1.193A13 1.196.335 At 30 21Y24 $24 807,X11 808,025 12. 2025 2024 4078 Cxher debtNs 21.815 lo74 29.175 13. CREDoR5 Amoun1¥ t•lltng on• y•ar 2026 2024 Trnd8 cr8drtNs Taxab"¢n and s•r crts other¢Jpditor¥ Accnjals and d•termd Mm•: Pensijn accrual Olher aru* 13,634 2.346 3.QOD 32,363 162 3.029 105 16.332 37,276 85.417 72.832 FUNDS 1&1 RECONCJLL4TK)N OF IM)vEml FUMIS Totsl Fund Fwd• Funds At 1 Juty 2023 fvlobpmnt y 8,133 14.114 129.356 137,489 694,204 A¢ 30 June 2024 MovgmentsknbrvJ financial yeor 22,247 809.446 21.143 309.639 831,693 330,782 At 30 June 202S 43.390 1.119.080 1,161475 1&2 ANALYSIS OF IAOVEMEiifs ON FUNDS Bal•n
Ardrossan Community Develownent Trust (A company ThmW•d ty gu•v•nt•. no¢ IwtAng a shaTr capll) NOTES TO THE FINANCIAL STATEMENTS lor finanrA year ended 30 June 2025 1Juty 2024 30 Juno 202$ RCGF- Hub On Thè Pmm sorb WrKJ LLP- Communty 23.120 5.088 Sustrons- Mural Nats'onal Lott-ArthFUI CHA- Hub QnTr Prom DTA ScoUaThJ- Hub Dn the Frfr Restrthd Rxed ass•t Enèryy SawrKJs Trust (CARES) Scottish Gmmrnent Str&igkni Comrnunths Pwram 800 1.190 2.000 2.250 52.104 2,250 T15.126 348,71)3 37. 1.127,290 10,195 (10.1951 809.446 386.736 76,497 1.119.08S Unre5trthd GrnI 22.247 94.623 74.0 43.3KI Total fund• 831.693 4•1.359 150.ffjTI 1.162.475 Unrnotrl¢t•d and dMlort•¢•d Unresthrted Reven FurKJs R••tri¢tsd Fund:. 'Accountiry for L¥prf gr¥nts arid fwl •¢t fimts.. North AYrnhi Countl . Playp•Jtr. To [d inSIn prolp95ion•l feeg in TrIal to the Playpa project North Ayrshir? Ctyjneil. Prorn: To fimd anj wotsssionol Rlotb)n lo the Swth B•ach Blxwcafe prcfjecl RCGF. On The Pm: To furKI ¥•J pmts$>ftaI in rnlab.on to th• project. North AyrslMr• Cou. ()•w Offic•r. To JwJ Ihg salary of ts Ci¥Thmunity l)ovelopment Offic•r br two yfrars. Noth Ayrshire CoU- SWnMerkitsmW. To Lxmrthg (x)St of ka"rYJ th• contAin8r and to fvnd NAC. Prom Leage.. To fvrd oftho Iha Prt•n. Strans. mu1. To fund Il insialakn ola Mural at Prirt4s StreetArthosw. Nth"¢)Ml Lott•ry . AfKhor FuThJ.' Thi5 Grant il fuTrJ 4rkmtser expenses. low erwy iancs, wnt•r dolhiNJ, small housew rtems, eyperbses for k#ls breakfast fijel and fty)d vouthrs. well bng classes ment h&atth sernir4rE. CEmnryham HOwa Ass(M?•b . Playpart. To nd ar¥J pth$sl fBOS in r•10Th to th• Playpark prqecL Cunnrybam Howry Assrn"afKJn. Hub On ThePrryn: To •rl profwK>nal f•8s in I¢tiOn to Ihe South B8xh Tc¥let 8locWCafe prr4ecL OTA ScoYaThl . On Tle Pmm IDeliyiw To fuThi the ¢osts 8$8oiabJ wrfh hithr•J a 17
continu•d Ardrossan Community Development Trust IA Umll•d ty Au•rnrrt••. n¢¢ hvdlng • sh•rn NOTES TO THE FINANCIAL STATEMENTS for the finan0 year kIed 30 Jur 2025 Scotttsh Gov•rrm8nt Str•r8tknbng Ccmmunrts Prcsw.. To fvnd the wsts of salaries for a Communty Dovefopment Offiw aTrJ Mthetry, crynmunKats Digtal Adminthtor to de fvx Athos5an's Communiti•s Mr a 3 ywpwiod I& STATUS wty w a cunpwhy Wmit¢d tyy warantse h•ing a sharB capitaL Th• Sat4"1ty olttr membws k8 kniied. Every memter Oltr ecfflwy undèrtakés to c4)nIr k) $0 of ts trynpany in th• w•nl of its brvJ wound up Wle tw are mwnbers. ¢x wth"n financral Ihereafter, for the paYt of th8 debts and liabilrtEs Of ¢xmpany c(JntracbJ fore tlw ¢ea58d to be membèrs. and the costs. thaTg85 and expon olwinding up. and TDT th• a4"UStrnent oflm W ofthtr ¢"bulO among Ih8ms•lTrfts, sh amount a¥ may be requThl, not excJir8 £ 1. FollO.r# thè year end, a m•mbgI8 TroJè5t Tor EGI• in Janwi 26. Atsr Ihi5 rg4ues1 follwr¥J tjirectors reswned." Scott Ilvir Mouhj (Resigrd 18 Febwary 20261 Eleth Hardie IRespJned 19 February 20261 C¥ai9 Wlliam Perkins (Resgned 19 Febryry 20261 Maria 15aÈdla (ReSyr 19 Fe 20281 Thg r•mainiryJ 011X0r, tknna Clin8, 4¥¢i)j t•0 nw• Dir9[¥.. Steven Joesph Hgjins (Awointed 02 Mar( Z026} Hugh Th8$ Cuthill {ApFoinW 04 March 20261 Th• EGIA was duly held ¢)n 2Clh 2026. AJJ ItKee Dwe(N5. Malib Culinan•, Hh Thomas Cuthill artrj J¢)seph {Chair). we w>te(l out ty momi>gts ofts Tnjst and th• blhwr¥J Directots vot•J in.. Alison Mont9omery INw"nle(120 4Jril 20261 Amanda Simp8 IAFpointed 20 Aprl 21T261 Julia Gray IAppDinted 20 A7 20261 These events toc& pla after r8wI"rg dote hrn Fwjt in any adj. to ts omounts regnISed in these finanual slat•nents. Thosè thpnts ar• as • mrial Tr)n-4tyJsOThJ event Ocr0 after Iho end oltr repofity wi 17. RELATÈD PARTY OISCLOSURE undgrrynobj trLkBt8es arp assw Trti th•se oryanality wobrydg1l fiw#ling to Ardr(n Fundiny £5.0Tr)1£10.000 in 2W241 S Moukl {ResW 18 Feb 20261 CUnnir9 kingA8¥aab In adthti¢Jn to this there is a serwce kvel •3reefflentbeknn the dwrity and Cunr#r¥Jhp4n Hou$iTrJ A¥Boriati¢n for thè provision of rec•0. dub'e5 at Frnnk Sw8•rw Cenlye for Excthnco. This am(ntsd to £24. {£18.915 in 20241 year. to pmf+[0rt suppJrL 18
ARDRO SAN COMMUNrrY D LOPIA NTTR SUPPLEM NTARY I FORIAATION TA R THE FINANCIAL YEAR DED 30 JU E 202S 19
Ardrossan Community Develownent Tt (A t¢)mpany Ilmii•é by ouaAnt••. fyiol Iwvlno a wJiri SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL sTATEMErs OPERATING STATEMENT for the y•ard 30 JUM 2025 2024 S¢h•du Income - Donatio - Un$¢ted gfdnts - manent Fees - Fai¥ground Rentsl - Rérnts receNd - Ele¢thoty Rehary - Other Income 110D 36.102 18,915 49.379 24890 3.945 5.978 2,1125 95,123 62.062 1150.57n 1128,7551 155.4541 166,6931 760,897 Not•urpl 694.204 Th• SUPFlementary miftym4ti ¢Joes Tr)t krni pwt Dffv Slzlwn
Ardn>ssan Community Development Tntst IA compahy Ilmltod by quarnDts•. not h•vlng •sh•r• upl•ti SUPPLEMENTARY INFORMATION RELATING TO THE HNANCIAL STATEMENTS SCHEDULE 1 . CHARrrABLE ACTivmES AND OTHER EXPENSES torthe finanual year erthd 30 Jur 2025 2026 2024 Exp•ns•• Wages and SarleS Employer rn1bUbs pengion ¥dRme Project costs Rent payabje Rates Insuran Li9ht and hgat Cloaning Repairs ar¥1 maintènarte PrintirvJ, po$t•Je ar 5tstrJ)gry Adv8rti5ing IT Soare arvj Cortsumail Travelling and •ntwtairrnnt Legal and wofession Consultancy fe8S 49,412 1.623 6T0 175 310 1.116 283 S6 251 S23 300 4.181 1.550 4,500 1681 Auth'toesnThper¥lent Bank cha Other tsur$ Ganérdl 8Xr8 Subscnptsons Depreaab"on Chwrtable donaf*)n5 42 2.600 038 33.962 150A 128.755 Thg ¥uppleffwrtary info¥tim do wK)t lo pwt ofts Stalts
Ardrossan Community Davelopment Trust IA cornwy Ilfflltsd by 9u•rnThts•. not h•vlr4 a rap SUPPLEMENTARY INFORIAATION RELATING TO THE FINANCIAL STATEMENTS SCHEDULE 2 . MISCELLANEOUS INCOIAE forthe finanad year eThJed 30 2025 224 All8C•O In¢om• 760.897 22