KILLIN SPORTS & RECREATION HUB
(A Scottish Charitable Incorporated Organisation)
Annual Report & Financial Statements
For the year ended 31[ST] January 2024
Scottish Charity No SC052288
FOR THE YEAR ENDED 31[ST] JANUARY 2024
ANNUAL REPORT & FINANCIAL STATEMENTS
CONTENTS
| Trustees’ Annual Report ...................................................................................................................... | 3 - 6 |
|---|---|
| Independent Examiner’s Report .......................................................................................................... | 7 |
| Statement of Receipts & Payments ..................................................................................................... | 8 |
| Statement of Balances......................................................................................................................... | 9 |
| Notes to the Financial Statements ....................................................................................................... | 10 -12 |
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FOR THE YEAR ENDED 31[ST] JANUARY 2024
TRUSTEES’ ANNUAL REPORT
The trustees are pleased to present their report and financial statements together with the independent examiner’s report for the year ended 31[st] January 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Charity Name Killin Sports & Recreation Hub Charity Number SC052288 Principal Address Current Trustees Other Trustees who served during the year Independent Examiner
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TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31[ST] JANUARY 2024
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing Document
Killin Sports & Recreation Hub is a Scottish Charitable Incorporated Organisation (SCIO) registered with the Office of the Scottish Charity Regulator (OSCR) with the charity no SC05228. It has been a SCIO since 30[th] January 2023. It is governed by its constitution.
Appointment of Trustees
The Board which meets regularly throughout the year are the Charity Trustees. Membership of the Board is open to any individual aged 16 or over who wishes to further the purposes of the charity. The trustees are appointed by the membership at the AGM. During the year the trustees may appoint or co-opt other trustees to serve on the board if they believe it is in interest of the charity to do so. All trustees shall retire at the AGM but are eligible for re-election. The constitution allows for a minimum of three and a maximum of 9 trustees.
Organisational Structure
The trustees are responsible for the strategic direction and governance of the organisation, as well as for overseeing the day-to-day running of it.
OBJECTS & ACTIVITIES
The organisation's charitable purposes and activities are:
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The advancement of citizenship through local participation and promotion of civic responsibility and rural regeneration within Killin and the surrounding areas.
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The provision and/or organisation of recreational facilities, with the object of improving the conditions of life for those whom the facilities or activities are primarily intended, within Killin and the surrounding areas.
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The relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage
ACHIEVEMENTS & PERFORMANCE
Membership
We actively raise the profile of the organisation through our membership email list, our website and Facebook page, and the Killin News. Although Covid has prevented us taking part for the past couple of years, we also communicate by hosting stalls at local events when possible. Our members can request copies of our approved Board Meeting Minutes.
Our membership currently stands at 27 members.
Governance
Killin Sports & Recreation Hub was formed as a SCIO on 30[th] January 2023. Prior to this a community group “Killin Sports Hub” had been in operation. This group was dissolved, and the remaining funds, totalling £3672.86 were donated to the new SCIO. The SCIO was formed with 4 initial Trustees, and a further 3 were coopted during the year.
The first AGM of the organisation will be held in April 2024.
Activities and Achievements
When we originally set up the Hub, we set ourselves 3 main goals.
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Stabilise the pavilion financially to ensure its survival.
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Promote the regeneration of sports and recreation facilities within Killin area.
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promote social inclusion.
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TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31[ST] JANUARY 2024
Stabilise the pavilion financially to ensure its survival.
Through initial grant funding we were able to give the pavilion a bit of a facelift and this and a more transparent booking and charging system allowed us to encourage greater usage of the pavilion, going from around 6 days per month to around every second day now. This increased usage means that the Pavilion is now producing enough rental income to sustain itself. This has been achieved by a great deal of work put in mainly by
Promote the regeneration of sports and recreation facilities within Killin area.
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The Hub has taken the lead in driving forward several projects aimed at increasing sports and recreational facilities in Killin.
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The cycle pump track is ongoing, £75,000 has been raised so far and we are waiting to hear about another grant of £75,000 which would let us move into the building phase. Credit for most of this work needs to go to
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Marking the Acharn forest trails, working with TITP and LLTNP we have now completed the trail marking and signage with trail descriptions on the Killin Directory
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Helping set up clubs, Killin now has a Cycle club and Akido club to go with the existing Bowling, Badminton, and football clubs.
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We have set up a bike maintenance station and organise 4 Dr bike, bike repair and maintenance class days. As well as to come and try Electric bike sessions.
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We have been lent 2 E-bikes form TITP for this season to offer on loan to local people who wish to try them.
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We have started fundraising for static sports equipment for the park. We have raised 1.5K of the 10K needed, this project is stalled at the moment and needs a trustee to pick it up and run with it.
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The repair of the MUGA pitch during a volunteer day last year ried test cleaning a small area of the MUGA pitch and we planned to clean the pitch last winter. This unfortunately had to be cancelled due to weather, but we plan to clean it very shortly and have it useable for the spring break.
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Donated to play park equipment.
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We host the award winning Killin walk in the park group.
Promote Social Inclusion.
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The Pavilion is now home to the Killin Youth group.
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We host a weekly CAB advice clinic.
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We host a weekly Community Hub.
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We host a monthly small business advice Hub.
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Fortnightly VET clinic
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In all we have now had 21 groups and individuals book the pavilion for anything from committee meetings to children’s birthday parties or murder mysteries.
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TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31[ST] JANUARY 2024
FINANCIAL REVIEW
Overview
The total income for the organisation was £25265, including an initial donation from the former Killin Sports Hub, Grant funding and income from rental of the sports pavilion to both community and commercial organisations.
The total expenditure was £11656 with the bulk of this being on refurbishment and maintenance of the sports pavilion facilities, as well as distribution of hardship grants, funded via the Corra Award Scheme
Investment Policy
The trustees are aware of their responsibilities for safeguarding the charity’s assets. They regularly consider the political, economic legal and environmental factors that can affect funds and savings. The trustees have a duty to seek out suitable sources of income streams. The trustees have the power to invest funds in the best interests of the charity. To meet these ends the trustees have deposited funds in a current account operated by Cooperative Bank.
Reserves Policy
Unrestricted funds at the end of the year were £7610. The Trustees have identified that a minimum of 3 months of running costs should be held as unrestricted funds, and that this has been achieved.
FUTURE PLANS
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Develop pump track project further.
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Pavilion development / community/ sensory garden.
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Further develop the Killin Directory pilot.
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Acquire our own e-bikes or accessible bikes for the wider community and visitors to use.
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Create a local Interactive map.
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Forest trail phase 2
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Provide and instal outdoor fitness equipment into Breadalbane Park, Killin.
APPROVAL
This report was approved by the trustees on 28th March 2024 and signed on their behalf by:
Name Trustee
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FOR THE YEAR ENDED 31[ST] JANUARY 2024
STATEMENT OF RECEIPTS & PAYMENTS
Independent Examiner's Report to the Trustees of Killin Sports & Recreation Hub
I report on the accounts of the charity for the year ended 31[st] January 2024, which are set out on pages 8 to 12.
Respective responsibilities of Trustees and Examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 ("the 2005 Act") and the Charities Accounts (Scotland) Regulations 2006 (as amended) ("the 2006 Regulations"). The trustees consider that the audit requirement of Regulation (10)(1)(d) of the 2006 Regulations does not apply.
It is my responsibility to examine the accounts under section (44)(1)(c) of the 2005 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 2006 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 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 view given by the accounts.
Independent Examiner's Statement
In connection with my examination, no matter came to my attention:-
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which gives me reasonable cause to believe that in any material respect, the requirements
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to keep accounting records in accordance with section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Regulations, and
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to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Regulations
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.
2[nd] April 2024
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STATEMENT OF RECEIPTS & PAYMENTS
FOR THE YEAR ENDED 31[ST] JANUARY 2024
Statement of Receipts & Payments
| Receipts Donations Grants Property Rental Income Fundraising Payments Fund Raising Costs Charitable Activities Governance Costs Independent Examination Net movement in funds Transfers between funds Surplus/(Deficit) for year |
Note | Unrestricted Restricted Total Total Funds Funds 2024 2023 |
|---|---|---|
| 5 6 7 |
£ £ £ £ 3,673 - 3,673 - - 18,200 18,200 - 3,355 - 3,355 - 38 - 38 - - |
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| 7,065 18,200 25,265 - |
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| - - - - 5,216 6,441 11,656 - - - - - - - |
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| 5,216 6,441 11,656 - |
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| 1,850 11,759 13,609 - 5,760 (5,760) - - |
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| 7,610 5,999 13,609 - |
The Notes on pages 10 to 12 form an integral part of these accounts.
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STATEMENT OF BALANCES
AS AT 31[ST] JANUARY 2024
Statement of Balances
| Funds Reconciliation Balance as at 1st January 2023 Surplus/(Deficit) for year Balance as at 31 January 2024 Bank & Cash Balances Cash at Bank (BoS Savings) Cash in Hand Other Assets Liabilities Preparation and IE Fee |
Note | Unrestricted Restricted Total Total Funds Funds 2024 2023 |
|---|---|---|
| 8 | £ £ £ £ - - - - 7,610 5,999 13,609 - |
|
| 7,610 5,999 13,609 - |
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| 13,608 - 13,608 - - - - - |
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| 13,608 - 13,608 - |
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| - - - - - - - - |
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| - - - - |
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| 170 - 170 |
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| 170 - 170 - |
The Notes on pages 10 to 12 form an integral part of these accounts.
These accounts were approved by the trustees on 28th March 2024 and signed on their behalf by:
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NOTES TO THE ACCOUNTS
AS AT 31[ST] JANUARY 2024
1. Basis of Preparation
These accounts have been prepared on the receipts & payments basis in accordance with:
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(a) The Charities and Trustee Investment (Scotland) Act 2005
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(b) The Charities Accounts (Scotland) Regulations 2006 (as amended)
There have been no changes to the basis of preparation or to the previous year’s accounts.
2. Fund Accounting
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(a) Unrestricted funds are those that can be expended at the discretion of the trustees in the furtherance of the objects of the charity.
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(b) Restricted funds are those that may only be used for specific purposes. Restrictions arise when specified by the donor, or when funds are raised for specific purposes. At the end of the financial year the charity had four restricted funds.
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(c) The purposes of the funds are shown in Note 9.
3. Taxation
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(a) The charity is not liable to corporation tax or capital gains tax on its charitable activities.
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(b) The charity is not registered for VAT, thus all costs are shown inclusive of VAT charged.
4. Transactions with trustees and related parties
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(a) No remuneration was paid to trustees or any persons connected with them during the year
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(b) Two trustees were reimbursed expenses totalling £723 for purchases of materials for charitable activities.
5. Donations
| Donations | Unrestricted Restricted Total Total Funds Funds 2024 2023 |
|---|---|
| £ £ £ £ 3,673 - 3,673 - - - - |
|
| 3,673 - 3,673 - |
6. Grants
| Cost of Living Grant Corra Award Stirling Council Community Pride National Lottery Community Fund |
Unrestricted Restricted Total Total Funds Funds 2024 2023 |
|---|---|
| £ £ £ £ 8,500 8,500 - 4,200 4,200 - 1,500 1,500 - 4,000 4,000 - - |
|
| - 18,200 18,200 - |
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NOTES TO THE ACCOUNTS
AS AT 31[ST] JANUARY 2024
7. Cost of Charitable Activities
| Utilities Telephone & Internet Refurbishment Repairs & Maintenance Grant Awards General Expenses Donations to Local Groups |
Unrestricted Restricted Total Total Funds Funds 2024 2023 |
|---|---|
| £ £ £ £ (927) (927) - 348 349 697 - 3,088 1,891 4,979 - 1,693 1,693 - 300 4,200 4,500 - 215 215 - 500 500 - - - |
|
| 5,216 6,441 11,656 - |
8. Movement of Funds
| Unrestricted Funds General Fund Total Unrestricted Funds Restricted Funds Cost of Living Corra Award Stirling Council Community Pride National Lottery Community Fund Total Restricted Total Funds |
As at As at 31/01/2023 Receipts Payments Transfers 31/01/2024 |
|---|---|
| £ £ £ £ £ - 7,065 (5,216) 5,760 7,609 |
|
| - 7,065 (5,216) 5,760 7,609 |
|
| 8,500 (2,241) (4,800) 1,459 4,200 (4,200) - - 1,500 - - 1,500 4,000 (960) 3,040 |
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| - 18,200 (6,441) (5,760) 5,999 |
|
| - 25,265 (11,657) - 13,608 |
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NOTES TO THE ACCOUNTS
AS AT 31[ST] JANUARY 2024
9. Purpose of Funds
General Fund Unrestricted funds that can be expended at the discretion of the trustees in furtherance of the objects of the charity.
Corra Award
The purpose of this fund is to alleviate fuel poverty experienced in the local area. Working alongside the Hub warm space and advice clinic within the building to clients in need identified by Citizens Advice Bureau during clinics or by phone consultation. Providing a maximum of three crisis interventions per household.
Cost of Living Fund
The Purpose of this fund was to undertake some small redecoration of the pavilion building, such as buying furniture to provide a warm space for people to come and access the internet, socialise and be warm. To provide access to services such as Citizens Advice Bureau advisors providing confidential advice and local Stirling councillors providing surgeries as required, dealing with a whole range of presenting cost of living driven enquiries- debt, income maximisation, fuel poverty, housing etc. Start Up Stirling to provide crisis food to local community and host food/soup & sandwich connection sessions available via the warm hub. The use of this fund targets vulnerable members of the community.
National Lottery Community Fund
With the completion of the Cost of Living Fund the National Lottery Community Fund replaces it provides a continuation of the service provided. Continuing to provide a warm space for people to come and access the internet, socialise and be warm. To provide access to services such as Citizens Advice Bureau advisors providing confidential advice and local Stirling councillors providing surgeries as required, dealing with a whole range of presenting cost of living driven enquiries- debt, income maximisation, fuel poverty, housing etc. Start Up Stirling to provide crisis food to local community and host food/soup & sandwich connection sessions.
Stirling Council Community
The proposed use of this fund is to provide outdoor fitness equipment into Breadalbane Park, Killin. The funding will be used toward the purchase and installation of the sports equipment. Benefiting the community as well as visitors to the area, encouraging and increasing physical activity levels with free and accessible equipment.
10. Transfer of Funds
£4800 was transferred from the Cost of Living Fund to the General Fund, to cover pavilion rental costs during the provision of charitable activities.
£960 was transferred from the National Lottery Community Fund to the General Fund to cover pavilion rental costs during the provision of charitable activities.
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