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2025-01-31-accounts

KILLIN SPORTS & RECREATION HUB

(A Scottish Charitable Incorporated Organisation)

Annual Report & Financial Statements

For the year ended 31[ST] January 2025

Scottish Charity No SC052288

FOR THE YEAR ENDED 31[ST] JANUARY 2025

ANNUAL REPORT & FINANCIAL STATEMENTS

CONTENTS

ONTENTS
Trustees’ Annual Report ...................................................................................................................... 3 - 7
Independent Examiner’s Report .......................................................................................................... 8
Statement of Receipts & Payments ..................................................................................................... 9
Statement of Balances ......................................................................................................................... 10
Notes to the Financial Statements ....................................................................................................... 11 -13

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31[ST] JANUARY 2025

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 2025

REFERENCE AND ADMINISTRATIVE DETAILS REFERENCE AND ADMINISTRATIVE DETAILS
Charity Name Killin Sports & Recreation Hub
Charity Number SC052288
Principal Address Killin Sports Pavilion
Breadalbane Park
Killin
FK21 8UW
Current Trustees David Fettes Chair
Carla Finlay Treasurer
Fiona Boath Secretary
Andy Tasker
Other Trustees who served during the year
Leeanne Coyle
Jinny Anderson
Ricky Craig
Andy Dryman (Co-opted October 2024)
Independent Examiner Isla Craig
IJC Bookkeeping & Payroll
Cairnbeg
Church Brae
Glenfarg
PH2 9NL

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31[ST] JANUARY 2025

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:

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. 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. 7 Trustees were elected at the first AGM of the organisation in April 2024, and one was coopted during the year.

Activities and Achievements

When we originally set up the Hub, we set ourselves 3 main goals.

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31[ST] JANUARY 2025

Stabilise the pavilion financially to ensure its survival.

The Pavilion continues to see a good level of usage and with the MUGA area now being useable this is increasing. This increased usage means that the Pavilion continues to generate enough rental income to sustain itself. This has been achieved by a great deal of work put in mainly by Fiona and Carla.

Promote the regeneration of sports and recreation facilities within Killin area.

Promote Social Inclusion.

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31[ST] JANUARY 2025

Facility Usage.

Feb ’24 to end Jan’25 Booking Breakdown

Other Groups = KAT, Community Bus, Knit & Natter, Visiting Scout Group. (1) Office Space.

Supporting Annual Community Events = KPS parent partnership Duck Race, Tay Fitness 10k.

MUGA Area

Unable to give figures for this area as no formal booking procedure was in place during this period.

FINANCIAL REVIEW

Overview

The total income for the organisation was £9018, comprising grant funding received from Loch Lomond NPA a and income from rental of the sports pavilion to both community and commercial organisations, as well as £149 in donations and £72 from fundraising activities.

The total expenditure was £13428 with the bulk of this being on utility costs, refurbishment and maintenance of the sports pavilion facilities. Grant funding was used to commission and install signposts in and around Killin.

TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31[ST] JANUARY 2025

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 £8739 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

APPROVAL

This report was approved by the trustees on 13[th] May 2025 and signed on their behalf by:

Name Carla Finlay Trustee

INDEPENDENT EXAMINERS REPORT

FOR THE YEAR ENDED 31[ST] JANUARY 2025

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 2025, which are set out on pages 9 to 13.

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: -

  1. which gives me reasonable cause to believe that in any material respect, the requirements

  2. to keep accounting records in accordance with section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Regulations, and

  3. to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Regulations

have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Isla Craig

IJC Bookkeeping & Payroll

Cairnbeg

Church Brae

Glenfarg PH2 9NL 13[th] May 2025

FOR THE YEAR ENDED 31[ST] JANUARY 2025

STATEMENT OF RECEIPTS AND PAYMENTS

Statement of Receipts & Payments

tatement 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
2025
2024
5
6
7
£
£
£
£
149
-
149
3,673
-
5,462
5,462
18,200
3,335
-
3,335
3,355
72
-
72
38
-
3,556
5,462
9,018
25,265
-
-
-
-
7,669
5,759
13,428
11,656
-
-
-
-
-
-
7,669
5,759
13,428
11,656
(4,113)
(297)
(4,410)
13,608
5,243
(5,243)
-
-
1,130
(5,540)
(4,410)
13,608

The Notes on pages 11 to 13 form an integral part of these accounts.

STATEMENT OF BALANCES

AS AT 31[ST] JANUARY 2025

Statement of Balances

Statement of Balances
Unrestricted Restricted Unrestricted Restricted Total Total
Note Funds Funds
Funds
2025 2024
Funds Reconciliation £ £
£
£ £
Balance as at 1st February 2024 7,609 5,999 13,608 -
Surplus/(Deficit) for year 1,130 (5,540) (4,410) 13,608
Balance as at 31 January 2025 8 8,739 459 9,198 13,608

Bank & Cash Balances
Cash at Bank (BoS Savings) 8,739 459 9,198 13,608
Cash in Hand - -
-
- -
8,739 459 9,198 13,608
Other Assets
- -
-
- -
- -
-
- -
- -
-
- -
Liabilities
Preparation and IE Fee 180 - 180 170
180 - 180 170

The Notes on pages 11 to 13 form an integral part of these accounts.

These accounts were approved by the trustees on 13[th] May 2025 and signed on their behalf by:

David Fettes

Chair

Carla Finlay

Treasurer

NOTES TO THE ACCOUNTS

AS AT 31[ST] JANUARY 2025

1. Basis of Preparation

These accounts have been prepared on the receipts & payments basis in accordance with:

There have been no changes to the basis of preparation or to the previous year’s accounts.

2. Fund Accounting

3. Taxation

4. Transactions with trustees and related parties

5. Donations

5.
Donations


Donations


6.
Grants


Cost of Living Grant
Corra Award
Stirling Council Community Pride
National Lottery Community Fund
Loch Lomond NPA
Unrestricted Restricted
Total
Total
Funds
Funds
2025
2024
£
£
£
£
149
-
149
3,673
-
-
-
-
149
-
149
3,673
Unrestricted Restricted
Total
Total
Funds
Funds
2025
2024
£
£
£
£
-
-
8,500
-
4,200
-
1,500
-
4,000
5,462
5,462
-
-
5,462
5,462
18,200

AS AT 31[ST] JANUARY 2025

NOTES TO THE ACCOUNTS

7. Cost of Charitable Activities

.
Cost of Charitable Activities


Utilities
Telephone & Internet
Refurbishment
Repairs & Maintenance
Grant Awards
Consumables
General Admin Costs
Asset purchase
Donations to Local Groups


Unrestricted Restricted
Total
Total
Funds
Funds
2025
2024
£
£
£
£
3,983
3,983
(927)
744
-
744
697
209
1,500
1,709
4,979
1,580
1,580
1,693
-
-
-
4,500
861
-
861
170
170
215
60
4,259
4,319
62
62
500
-
-
-
-
7,669
5,759
13,428
11,656

8. Movement of Funds

.
Movement of Funds
Unrestricted Funds
General Fund
Total Unrestricted Funds

Restricted Funds
Cost of Living
Stirling Council Community
Pride
National Lottery Community
Fund
Loch Lomond NPA
Total Restricted

Total Funds
As at
As at
01/02/2024
Receipts
Payments
Transfers31/01/2025
£
£
£
£
£
7,609
3,556
(7,669)
5,243
8,739
7,609
3,556
(7,669)
5,243
8,739
1,459
-
-
(1,459)
-
1,500
-
(1,500)
-
-
3,040
-
(2,581)
459
-
5,462
(4,259)
(1,203)
-
5,999
5,462
(5,759)
(5,243)
459
13,608
9,018
(13,428)
-
9,198

NOTES TO THE ACCOUNTS AS AT 31[ST] JANUARY 2025

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

This fund was used for the development of the Acharn trail project

Loch Lomond NPA

This fund was for the Acharn trail signage project

10. Transfer of Funds