Glenlfvet and Inveravon Communlty Association SCIO Reostered Charlty Number SC052617 IncoTporateiJ 13 June 2023 Period ended 30 September2024
Glenllvet and Inveravon CommunltyAssoclallon SCIO Reglslered Charlty NumberSCO52617 TrUeeS Annual Report Perlod ended 30September2024 Our accounts are for the period from incorpoiation on 13 June 2023. to 30 September 2024. At meeting on 25 July 2023, it was agreed lo transferthe fund5 of GlenlNet & Inveravon CommunityAssociation lunincorporatedl to this entity. Gleniivet and Inveravon CommuntyAssociation SCIO. Charlty Trustees Charlty Contact Details Charity Name- Glenlivet and Inveravon CommunttyA550ciation SCIO Scottish Charity Number.. SC052617 Address.. Inveravon House, Balbndalloch, A837 9BA Independent ExamlneT Objectives and actlvltles The organisation's purposes are the advancement of cf(izenship or community delOpMent. Structure, governance and managernent Glenlivei & Inveravon Cofflmunity A550ciation SCIO covers the parish of Glenlivet & Inveravon. The charitys governing document is a constitution. Members, meetlngs and board meeiings are heid quarterty- All Board members arevolunteers. A¢hievements and performance Chair's annual report When it was agreed that we would become a Scottish Charitable Incorporated Organisation or SCIO my ambition was that the day-lo-day operation of oui Community A550ciation would not differ fTom before and apartfrom hawngto fill in a form soyou can come and vote I thinkthis has been achieved. The Secretary and TTeasurer miEht nolthinkthe same as nowthere are a fewexlra hoopstorthem toiump
There have been several events duringthe yearthat sawthe Communitycome together. One ofthe main ones being Dolina and Eddie's leaving colleclion which 5awlhe community raise £3.000 forthem. We had 8 nice barbeque to seethèm ottwhichwas enjoyed byall attending. They did a greatjob and will be sorely missed, sothankyou to everyone who donated. Anotherthingto mention must be Tea in the Park which was a great 5ucce5s again this year raising almost £ll.000. So. another bigthank you to Therewere also numerous Micro Grants paid out including: supportfor a Communityceilidh. a Scottish Opera performance for Ihe local schools plus a cooker and running costs for The Chapelton Hall. Because we ale nowa SCIOwe have agreed to actasthe anchoroiganisation forthe purchase of Inveravon Church bythe group Friends of Inveravon Church until they can get themselves organlsed. The running of the Cornmunity fishing has b#eTT tke7 over by one of our Trustees Thankyou, Gordon and also, thankyou lo ho did a greatjob of running It pieviously. We are hopefulthat, come the begJnningof nextyearwe willsee broadband cometo the Brae5 of Glenlivet. After so manyyears I hope this jointventure with TGDTwill be successful. Unfortunately. the very expensive Cragganmore loos have, so far. not beenvery successful although I Ihink. after numerous delays. they are now fully operational. We will discuss lalei if it Is appropriate for the As always. I would like to thank all the Trustees. especially the Secretary and Treasurer for all their work over the past year and a bit. All their contributions are greatly appreciated. And on that note. we are stiu looking for extra Trustees so it you can spare a little time throughout the year to support your Flnanclal revlew During the period our total receipts were £66.540 which included donation5 of £51.798 from Glenlivet and Inveravon Community Asssociation {unincorporatedl upon its cessation. Our total payments were £9.216. The lotal funds at the period end were £57.324. Policyon we5erves Our policy is to hold Slrfticient reseryes to meetthe dayto day needs of the ent-tty. Depending on ourfundraising we may hold more signrficant levels of reserves. Throughout the period we will receNe requests for donation5 and grants and so require to keep a Certain level of reseNe5 forth15 purpose. Half of our current reseryes are Future plans Along with our regular activites of providing grants and the fundraising activities of Tea in the Park and the Fishini we also hope to continue to assist the Friends of Inveravon Church with the Purchase of the HAIF(
Glenlivet and Inveravon Communlty Assoclatlon SCIO Registered Charlty Number SC052617 Stalement of Receipt5 and Payrnenls lorthe Perlod ended30 September2024 Perlod ended 30 September 2024 Unreslflcled Restrlcled fvnds Funds Recelpls Donations- transferfrom unincorporated entity Donations Grants Fundraising Fishing permit sales 30.077.13 21.721.20 422.00 600.00 io.ooo.00 2.730.00 51,798.33 1.022.00 io.000.00 2.730.00 990.00 J.00 Total Recelpts 31.489.13 35.051.20 66.540.33 Payment5 Fundfaising costs Cost of Charitable actNf(ies Fishing- rent and rates Governance costs 637.69 700.00 764.25 loo.00 2.730.00 4,284.16 3.367.69 4,984.16 764.25 100.00 Totsl Payments 1201.94 7.014.16 9.216.10 Surplus {Deficltl foithe period 29.287.19 28.037.04 57,324.23
Glenlivet and Inveravon CommunityAsso¢iation SCIO Registered Charlty Number SCO52617 Balance Sheel Asat 30 Septembef 2024 Cash at Bank Balance per bank statemeni Outstanding cheque 57.744.23 420.00 Nei Assets 57.324.23 Unreslricled Fund General 29,287.19 29.287.19 Restricted Fund Broadband- Pauls Hiu Dorenell MicroGrant5 TGDT Development Officer Inveravon Church 14.000.00 3,437.04 io.000.00 600.00 28,037.04 Tolal Fund5 57,324.23 The accountswere presented and approved at meeting on 30 October 2024 I REASUAEA
APPENDIX 3 OSCR Scotth c[11¥ Re8uU8lor Report to tho Charty nan tru$t••slmomb•rn of GtsA)Livtrf L IhJv£ehqW Registsred ¢harlty SC O SZG I? number On the accounts of the PericKI start date charity for the period Morth OC4f•oA Sclo Pericxl end date Month Year Jo 202F Sot out on pays toinrJLthO pa Respectlve The charity's tnjstees are responsible for the preparation of the accounts in accordan¢e responsibilrties of with the terms of the Charities and Trustee Investrnenl (Scotlandl 2005 Aet and the Irustees and examlner Charities A¢count$ IScotk3ndl Regulations 20C6 las amended) The Charty trustees ¢onsder that the audit requirement of Regulab'on 1011) {dl of the A¢¢ounts Regulations does not apply. It is my resporbsibilty to examine the accounts as required under section 44111 (¢1 of the Act and to state whether partlar matters have come lo my attentn. Basi¥ of independent My examination is Carried out In a¢¢ordan¢e wth Reguktion 11 of the 2006 Accounts ex•minei's statement Regulations. AJ) examination includes a VIeW of the accounting rrdS kept by the charty and a comparison of acLounts presented with those records. It also includes cnsIderation of any unusual rtems or dClosureS in the accounts and seeks explanations from the trustees conceming any such matters. The prcKedures undertaken do not provide all the evidence that would be required in an audit and, consequenlty. I do not express an audit opinion on the view given by the xcounts. Indop•ndent examlnerfs In the Course of my eXaminatn, no matter has come to my attent)n lother than that statement dis¢losed on the attached pagel whh gives me reasonable cause to belve that in any maten'al respect the requirements.. to keep accounting records in ac£ordance with section 44111 (al of the 2005 Aci and Regulation 4 of the 20C6 Accounts Reguktions, and to prepare ac£t)unls which &cord wtih the aCUnting reca)rds and compty with Regulation 9 of the 20C6 Accounts Regulatsons have not been met. or lo which, in my opinion, attention should be drawn in order to enable a pro1 ni reached. Date: Signed.. Name.. Relevant professional qualificationlsl or body Irf any).. 2q ocr .2oa Address.. 'Plea5e delete won15 in t1 bla£k I'.:k,£y do At)L following page '. Ikae w.-l¥S av apwy. sfrl ¢)ut ih05e mattw5 have rJ)ffE your •ttentK)n on the
APPENDIX 3 Disclosure section Only complete rfthe exarriner needs to highlight material problems. Glve here brlef detalls of any items that the examSner wishes to disclose