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2024-02-28-accounts

Lightlands Initiative LIGHTLANDS PARK INITIATIVE ANNUAL REPORT NOVEMBER 2024

LIGHTLANDS PARK INITIATIVE

13 SEAVIEW, WIGTOWN, DG8 9EP

CHARITY NO. SC052354 FACEBOOK GROUP - LIIGHTLANDSINITIATIVE

TRUSTEES

LIGHTLABDS PARK INITIATIVE IS A SMALL COMMUNITY CHARITY WITH THE AIM OF UPGRADING OUR LOCAL PARK BY CREATING AN INCLUSIVE MULTI-SENSORY AREA TO ACCOMMODATE ALL AGE AND ABILITIES IN A SECURE, SAFE ENVIRONMENT ACCESSIBLE TO ALL. WIGTOWN HAS NO INCLUSIVE PLAY FACILITY CURRENTLY AND WE INTEND TO CHANGE THIS THROUGH OUR CHARITY.

THE PROJECT WILL BE COMPLETED IN PHASES WITH THE FIRST PHASE BEING THE MULTI-SENSORY PLAY AREA AND PARK REDEVELOPMENT BEFORE MOVING ON TO AN AREA FOR TEENAGERS AND YOUNG PEOPLE AND THE CREATION OF A COMMUNITY GARDEN.

WE HOLD BI-QUARTERLY MEETINGS WITH ADDITIONAL MEETINGS TAKING PLACE TO PLAN EVENTS. ANYONE WITH AN INTEREST IN SUPPORTING THE UPGRADE OF THE PARK IS WELCOME TO JOIN THE COMMITTEE OR ATTEND MEETINGS WHICH ARE ADVERTISED ON OUR FACEBOOK PAGE.

OVER THE PAST YEAR WE HAVE BEEN LIAISING WITH SURROUNDING VILLAGES AND TOWNS WHO HAVE BEEN UPGRADING THEIR LOCAL PARKS FOR ADVICE AND SUPPORT.

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FUNDRAISING 2024

EVENTS HELD

WE RAISED - £514.45

WE RAISED - £430.94

WE RAISED - £1968

JOINT DAY WE RAISED - £2096.95

FUNDING APPLICATIONS WE HAVE APPLIED TO

FUNDING APPLICATIONS MADE.

GALLOWAY ASSOCIATION OF GLASGOW £3000 UNSUCCESSFUL. KILGAILLOCH COMMUNITY FUND £30,000 IN PROGRESS. CRUDEN FOUNDATION UNSUCCESSFUL. SUEZ FUND £50,000 UNSUCCESSFUL.

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CLUB CHARITY RO ASSC fflINEY LIGHTLANDS PARK INITIATIVE 13 SEAVIEW. WIGTOWN. NEWTON STEWART, DG8 9EP Date DescriDtion Opening Balance P&FlimAi & RUTHANDREWPYM Type Debits Credits Balance £10443.04 01 Sep 24 02 Sep 24 Tiansfer £200.(K) Total credits Closing Balance É200.(K) £10643.04 Important information about compensation arrangements We are covered by ihe Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations. Your deposit is covered by the scheme. Details on the protection of eligible deposits can be found in the inlormation sheet and deposits excluded from tlie scheme can be found in Ilie excliisioii list which can be obtaiiied from yoiir local branch. Foi further information about the compensation provided by the FSCS, refer to the FSCS website at www.FSCS.org.uk. I nterest rate information Arrai)ged Overdrall iiiterest rates apply to the amount ol ai)y borrowing, up to your Arranged Oveidrall limit. Unarranged Oveidraft interest rates apply to any borrowing which is the result ol our agreeing to a request from you for a temporary Unarranged Overdraft or temporary increase to an existing Aiianged Overdrall to cover a payment despite lack of funds. Interest rates applicable during the slatemenl period are available on request, please call the team at Virgin Money on 0800 1217365 or +44 1412217300. Dispute resolution If you have a complaint, please talk to us first SO that we can try to resolve it. If you are not happy with the way we handled your complaint or the result, you can then refer the matter to the Financial Ombudsman Service. The Financial Ombudsman Service is an independent organisation that helps resolve cotnplaints that customers and financial institutions haven't been able to solve themselves.

Lig tlands QUOTES FROM COMPANYS Iniliaiive HAGS BUDGET ESTIMATE QUOTATION REF: Q-32434-D6K2 REV O 24TH NOVEMBER 2024- £162,470.02 EXCLUSIVE OF VAT wi town Play Park

POSITIVES.

SUCCESSFUL IN SECURING £80,000 FROM COASTAL BENEFIT FUND. COMMUNITY SUPPORT AND ENGAGEMENT HAS BEEN OVERWHELMING VIA EVENT SUPPORT, CONTRIBUTIONS AND FUNDING.

AN AGREEMENT HAS BEEN MADE BY DUMFRIES AND GALLOWAY COUNCIL FOR THE UPKEEP AND MAINTENANCE OF THE PARK. AS A COMMITTEE WE FELT STRONGLY THAT A 25 YEAR LEASE OR TAKING OWNERSHIP OF THE PARK WASN’T FEASIBLE OR PRACTICAL FOR OUR CURRENT COMMITTEE MEMBER’S FAMILY COMMITMENTS.

NEGATIVES.

£80,000 MATCH FUNDING COULDN’T BE MET WITHIN 6 MONTH TIME SCALE SO MONEY WAS GIVEN BACK TO COASTAL BENEFIT FUND. LIMITED SUCCESS WITH FUNDING APPLICATIONS.

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Llzhtlands Park Inltlatlve Income & Expendlture Account For the perlod 1st February 2023 to 31X January 2024 UNrrY

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