## **Findochty and Buckie Development Trust SCIO** **Trustees’ Annual Report** Period 1 Sep 2023 to 31 Aug 2024 ## **Charity contact information** Charity Name: Findochty and Buckie Development Trust, also known as FAB DT Scottish Charity Number: SC052237 Address 7 William St, Buckie, AB56 1RN Website: https://fabdt.co.uk/ Facebook profile: https://www.facebook.com/FABDevTrust **Charity Trustees** **2** ## **Objectives and activities** Charitable Purposes Findochty and Buckie Development Trust [FAB DT] has been formed to benefit the people residing and / or working in the Findochty and Buckie area, (which comprises Moray Council's Ward 3 - Buckie) and will represent the interests of the whole community of Findochty and Buckie, throughout the lifetime of the Trust. The Trust objectives are: 1 - The advancement of community development, including advancement of regeneration, but such that the Trust shall do so following principles of sustainable development. 2 - The provision or enhancement of recreational facilities, or the organisation of recreational activities, with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended. 3 - The advancement of citizenship. As a Development Trust we are a community owned and led organisation which uses a combination of enterprise and creativity to improve the quality of life for people living in the Findochty and Buckie [FAB] area. We support people in our community to come together to address local issues through collaboration and partnership working. Our goal is to enable social, economic and environmental renewal of our locality through capitalising on **3** funding opportunities, income generation from trading for social purpose, and community ownership of buildings and land. In common with other development trusts in Scotland, we always aim to do this in ways which are ecologically sound, economically viable and socially just. All of our intended activities are community led and as such will vary over time according to the needs of local people and their priorities identified through ongoing community engagement and research. This flexibility and ability to adapt to changing circumstances will ensure that we are well placed to support our community when unexpected economic, environmental and social challenges occur. ## **Structure, governance and management** Constitution FAB DT was registered as a Scottish Charitable Incorporated Organisation (SCIO) on 10[th] January 2023. Our Constitution was last reviewed in August 2024. FAB DT has a 2-tier structure, comprising the Members and the Board of Trustees. Membership is open to any individual aged 16 or over who lives in the Findochty and Buckie area, ie Moray Council’s Ward 3. In addition, we have some Associates who are not eligible to be members of the organisation but who wish to support the organisation’s Purposes. The board of Trustees must make sure that the charity complies with FAB DT’s Constitution. **4** Trustee recruitment and appointment FAB DT has a minimum of 3 and a maximum of 9 Trustees, the majority of whom must be elected or appointed from the membership. The board is also empowered to co-opt any non-member to be a trustee. As the individuals who signed the charity trustee declaration fomis which accompanied the application for incorporation of the organisation, appointed by the Members as charity trustees with effect from 101h January, 2023. and￿ were elected as trustees by Members at a special meeting on 151h March 2023. was appointed from the membership on 9th April 2024 was appointed from the membership on 17th May 2024 8UCKIE AREA FORUM WITH FINDOCFffY AND BUCKIE DEVELOPMENT TRUST THE HUB Monday to Friday Saturday 10.00 am to 4.00 prn 10.00 am to l.CQ pm 17 Eost Church Street. Buckle Achlevements and performance In this period. we have: Continued to support Buckle Area Forum to operate The Hub advice centre and warm space in Buckle which was established to mitigate the impact of the cost of living crisis on our community. 25 of our Members and Associates volunteer for The Hub on a regular loften weekly] basis, contributing to direct delivery, project administration, building maintenance, fundraising and social media. Our charitable status enables The Hub to benefit from reduced costs and to access fijnding. During this period, The Hub received almost 7000 visits from users. - 70% of these visits were by vulnerable or lonely people seeking some social interaction. - 743 were for information, advice or practical help, eg with IT - 423 were to meet partner agencies locally rather than having to travel to another location - 385 were to collect preloved school uniform or warm clothing, blankets, hot water bottles, toiletries, etc provided to them free of charge - 373 were to donate goods to benefit others - 134 were to access facilities [toilet, wi-fi, printing, phone, etc] - 78 were to use the emergency food bank. Established **Buckie Community Lunches** as a popular monthly event. 9 of our Members and Associates volunteer for this project on a regular basis, contributing to shopping, cooking, serving, and project administration. - An average of 87 diners came along each month to enjoy soup, pudding, and a hot drink. - A range of agencies attended each event to promote their services, offer outreach support, or carry out community consultations. - Several volunteers used the experience to develop their skills and confidence, and increase their employability. - Meals were provided free of charge, with donations accepted from those wishing to contribute to the cost. **6** Contributed to the delivery of “A Better Buckie”, the **Buckie Locality Plan** . 6 of our Members and Associates make up the Community Monitoring Group and are involved in: - Reviewing the Buckie Locality Plan - Community consultations - Identifying community led activities - Encouraging partner agency involvement - Reporting on activities, results, issues and needs - Communicating with the community – newsletters, Facebook During the period, the Community Monitoring Group: - Carried out a consultation to identify the preferred sites for new dropped kerbs - Issued another edition of Buckie Community News - Worked with various agencies and a consultant to identify potential locations and produce an Options Appraisal for a new Community Hub - Contributed to a review of Locality Planning in Moray - Supported Council Officers to develop plans for improving a quadrant of Cluny Square in Buckie Carried out **fundraising** activities and raised £810. **7** Worked to **develop FAB DT** as an organisation, including: - Successfully applying for grants to fund the creation of our website - Revising our Constitution to ensure it meets the standards required to be funded by the Scottish Land Fund or considered a suitable organisation to undertake a Community Asset Transfer. - Working with a Development Manager from the Scottish Community Development Centre to clarify our vision and priorities. Participated in focus groups as part of **The Moray Council’s Learning Estate Review** in Buckie. Met with representatives from **Vattenfall** regarding their proposals for a wind farm at Aultmore and potential Community Benefit programme. ## **Financial review** At this early stage, our main sources of funding are grants, donations and receipts from fundraising activities. Key points to note: Income: - £810 has been generated through fundraising activities - £2982 has been received in donations from those attending Community Lunches - £5000 was granted by Moray Local Action Group to support progressing plans for a community hub - £2000 was granted by SSE Renewables Beatrice Fund to support our website development Expenditure: - £5000 was paid out to a consultant for work to progress plans for a community hub - £900 was awarded to Moray Council for Active Start sessions - £2000 was paid to our website developer **8** Statement of the charity’s policy on reserves We do not yet have a policy on reserves as we have no employees and no significant recurring expenditure. Details of any deficit None Donated facilities and services We have not benefited from any donated facilities or services. ## **Future plans** Our goals for the next 12 months include adding to our membership, strengthening our board, further developing our organisation, building our funds, further developing our website as a community resource, and progressing plans for a Community Hub. ## **Declaration** Signed on behalf of the charity trustees: Designation Date Chair 26[th] March 2025 **9** APPENDIX 2 **SC052237** **Findochty and Buckie Development Trust** ## **Additional analysis (3)** |**Receipts**
**6 Breakdown of restricted funds**|**Restricted fund**
**1 - enter name of**
**fund below**
**The Hub**|**Restricted fund**
**2 - enter name of**
**fund below**
**Buckie**
**Community**
**Lunches**|**Restricted fund**
**3 - enter name of**
**fund below**
**Buckie Locality**
**Plan**|**Restricted fund**
**4 - enter name of**
**fund below**
**FAB Community**
**Website**|**Total restricted**
**funds**|**Total restricted**
**funds last**
**period**| |---|---|---|---|---|---|---| |Donations||**2,982**|||**2,982**|**778**| |Legacies|||||**-**|| |Grants|||**5,000**|**2,000**|**7,000**|**7,360**| |Receipts from fundraisingactivities|||||**-**|| |Gross tradingreceipts|||||**-**|| |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**|**-**|**2,982**|**5,000**|**2,000**|**9,982**|**8,138**| ||||||-|| |Proceeds from sale of fixed assets|||||**-**|| |Proceeds from sale of investments|||||**-**|| |**_Sub total_**
**_Total receipts_**
**Payments**|**-**|**-**|**-**|**-**|**-**|**-**| ||**-**|**2,982**|**5,000**|**2,000**|**9,982**|**8,138**| ||||||-|| |Expenses for fundraising activities|||||**-**|| |Gross trading payments|||||**-**|| |Investment management costs|||||**-**|| |Payments relating directly to charitable activities|**12**|**2,366**|**5,920**|**2,000**|**10,298**|**969**| |Grants and donations|||||**-**|| |Governance costs:|||||**-**|| |Audit / independent examination|||||**-**|| |Preparation of annual accounts|||||**-**|| |Legal costs|||||**-**|| ||||||**-**|| ||||||**-**|| |**_Sub total_**
**Payments relating to asset and investment**
**movements**|**12**|**2,366**|**5,920**|**2,000**|**10,298**|**969**| ||||||-|| |Purchases of fixed assets|||||**-**|| |Purchase of investments|||||**-**|**5,000**| |**_Sub total_**
**_Total payments_**
**_Net receipts / (payments)_**
**Transfers to / (from) funds**
**_Surplus / (deficit) for year_**|**-**|**-**|**-**|**-**|**-**|**5,000**| ||||||-|| ||**12**|**2,366**|**5,920**|**2,000**|**10,298**|**5,969**| ||||||-|| ||**12)**
**(**|**616**|**920)**
**(**|**-**|**315)**
**(**|**2,169**| |||||||| ||||||**-**|| |||||||| ||**12)**
**(**|**616**|**920)**
**(**|**-**|**315)**
**(**|**2,169**| ||||||-|| |**Nature and purpose of funds**||||||| |Restricted funds m|ay only be used fo|r the purposes specified by the donor o||r grant provider.||| FABDT SC052237 OSCR Receipts and Payments Accounts 010923 to 310824Additional notes (3) December 2007 APPENDIX 3 OSCR 5(Ottth Charity Wuwor Independent examiner's report on Ihe accounts R•port lo lh• Chaity name trusteeslmembers of Fintjochty ond Buthè Devèl¢prnènt Trust R•glstorgd charrty SCOS2237 numb•r On th• •Kount• of lh• charlty for thg P9rlod Period stsrt date Ih Period end date Ye Day lo 01 31 S•t oul C+n p•g•• d￿Tity￿ iwvslee5 are resp￿Sl￿e ts the WEP8f8tion ol Ihe accounts in 8ccordarKe r•spon5ibilitios of wrth the iem)s olthe Ch¥rfi*9 and Tru$tè6 Investment (SC￿)t18ndl 2005 Act 8nd the trustee5 and exarnlner Charities Accounts (Scotlandl Regulation$ 2006 las amended). The charity trustees cgnsider that the audit Tequirem8nl ol Regulation 10111 Idl ol the Accounts Regulations d025 not 8ppty. tt Is my responslbllity to examine tt)è ateA)unts as wulfed under se￿k)n 44111 Icl of the Act and to State wheV)er parbcular mat¢ers have corne to my attention. BB515 of Independent My examination is earried out ￿ aC￿rdanCe with Regulation 11 of the 2(K)6 Acwunts exBminerfs statement Regulations. An examin8tion includes a re¥￿ of Ihe aCcA￿￿*tng re¢ord$ kept by the charity and a Comparison of Ihg a¢counls pwented wth Ihose records. It also induées considgration ol ally unu8¥81 rterns or disclosures in the accounts 8nLI seeks èxp18naliDns from the irLtS￿eS conc&ming any such matters The procedures underiaken do not provKle ell the e¥￿ence that woulé be rwu¥ed In 8n aud1t and. ccmsaquentty. I do not expr05s all audrt opinion on the view gNen by Ihe 8cCO￿nts. Indepondgnl examln¢r'$ In the tnurse of my 8xamination. Th) nvtter has come to my •ttenticy) gtatement l. which gives mo ￿onab￿ (aJ5e to bElieve Ihal tn any rnatorial rosp8Gt Ihe requlrements.. to keep accounting rècord5 in accordance wth s8Ction 44111 lal of the 2005 Act an Règulation 4 of the 2006 Accounts Regulations. and to prepare 8ccounts which accord with the ac¢ounting recLJrds and ￿mplY wrth RegUla￿Ort g of the 2006 Attounts Regu181tons havo not been met. ot to whth, In my opinion. attention should be drawn In order to enable a proper Slgn8d- Name.. Rolovant wotsssional 4u•llfi¢8tlonl¥l or body Ilf anyl-. Addre55'. "PbBEEdd£tg wrxd5 Inihfrts8cketS Il iDe5 dts Ml Gpf.Iy K'.f,Q iiofds co aPPI>. %P.'. thisv mirttÈrE na¥P crrne io y-- Ic4bA4ng "" OSCRvJlll 4cc4x (*typod skJnabJros