**SC053080** **Nairnshire Community Newspaper SCIO** |||**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|**Receipts andpayments accounts**|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Period start date||||||||||Period end date|Period end date|||||||| ||**For the period**
**from**|||01
Day||January
Month|||||2024
Year||**to**|Day
31||Month
December||||Year
2024||||| |**Section A Statement of receipts and payments**||||||||||||||||||||||||| ||**Unrestricted**
**funds**|||**Restricted**
**funds**||||**Expendable**
**endowment**
**funds**||||**Expendable**
**endowment**||**Permanent**
**endowment**
**funds**||||**Total funds**
**current period**|||||**Total funds last**
**period**|**Total funds last**
**period**| ||**to nearest £**|||**to nearest £**||||**to nearest £**|||**to nearest £**|||**to nearest £**||||**to nearest £**|||||**to nearest £**|**to nearest £**| |**A1 Receipts**||||||||||||||||||||||||| |Donations|**4,112**|||||||||||||||||**4**|**4**|**4,112**||||| |Legacies||||||||||||||||||**-**|**-**|**-**|**-**|||| |Grants|**34,000**|||||||||||||||||**34**|**34**|**34,000**|**000**|||| |Receipts from fundraisingactivities||||||||||||||||||**-**|**-**|**-**|**-**|||| |Gross tradingreceipts||||||||||||||||||**-**|**-**|**-**|**-**|||| |Income from investments other than||||||||||||||||||||||||| |land and buildings||||||||||||||||||**-**|**-**|**-**|**-**|||| |Rents from land & buildings||||||||||||||||||**-**|**-**|**-**|**-**|||| |Gross receipts from other charitable||||||||||||||||||||||||| |activities|**11,925**|||||||||||||||||**11**|**11**|**11,925**|**925**|||| |||||||||||||||||||**-**|**-**|**-**|**-**|||| |**_A1 Sub total_**|**_A1 Sub total_ 50,037**|||**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**||**50,037**|**50,037**|**50,037**|**50,037**||**-**|**-**| |**A2 Receipts from asset &**||||||||||||||||||||||||| |**investment sales**||||||||||||||||||||||||| |Proceeds from sale of fixed assets
Proceeds from sale of investments
**_A2 Sub total_ -**
**_Total receipts_ 50,037**
~~——~~||||**-**
**-**|**-**
**-**|**-**
**-**||**-**
**-**|**-**
**-**|**-**
**-**|**-**
**-**|**-**
**-**||**-**
**-**|**-**
**-**|**-**
**-**||**-**
**-**
**-**
**50,037**|**-**
**-**
**-**
**50,037**|**-**
**-**
**-**
**50,037**|**-**
**-**
**-**
**50,037**||**-**
**-**|**-**
**-**| |**A3 Payments**||||||||||||||||||||||||| |Expenses for fundraising activities|**410**|||||||||||||||||**410**|**410**|**410**|**410**|||| |Gross trading payments|**3,035**|||||||||||||||||**3**|**3**|**3,035**||||| |Investment management costs||||||||||||||||||**-**|**-**|**-**|**-**|||| |Payments relating directly to charitable|Payments relating directly to charitable|||||||||||||||||||||||| |activities|**1,543**|||||||||||||||||**1**|**1**|**1,543**||||| |Grants and donations||||||||||||||||||||||||| |||||||||||||||||||**-**|**-**|**-**|**-**|||| |Governance costs:||||||||||||||||||||||||| |||||||||||||||||||**-**|**-**|**-**|**-**|||| |Audit / independent examination||||||||||||||||||**-**|**-**|**-**|**-**|||| |Preparation of annual accounts||||||||||||||||||**-**|**-**|**-**|**-**|||| |Legal costs|**5,555**|||||||||||||||||**5**|**5**|**5,555**||||| |Other||||||||||||||||||||||||| |||||||||||||||||||**-**|**-**|**-**|**-**|||| |||||||||||||||||||**-**|**-**|**-**|**-**|||| |**_A3 Sub total_ **|**10,543**|||**-**|**-**|**-**||**-**|**-**|**-**|**-**|**-**||**-**|**-**|**-**||**10,543**|**10,543**|**10,543**|**10,543**||**-**|**-**| |**A4 Payments relating to asset and**||||||||||||||||||||||||| |**investment movements**||||||||||||||||||||||||| |Purchases of fixed assets
**1,827**
Purchase of investments
**_A4 Sub total_ 1,827**
**-**
**-**
**_Total payments_ 12,370**
**-**
**-**
~~——————~~||||||||||||||**-**
**-**|**-**
**-**|**-**
**-**||**1**
**-**
**1,827**
**12,370**|**1**
**-**
**1,827**
**12,370**|**1,827**
**-**
**1,827**
**12,370**|**-**
**12,370**||**-**
**-**|**-**
**-**| |**_Net receipts / (payments)_**
**A5 Transfers to / (from) funds**
**_Surplus / (deficit) for year_**|**37,667**
**-**
**-**
**37,667**
**-**
**-**
~~———~~|||||||||||||||**-**
**-**||||**37,667**
**-**
**37,667**||||**-**
**-**| 1 **Nairnshire Community Newspaper SCIO** **SC053080** ## **Section B Statement of balances** |**Categories**
**Signed by one or two trustees**
**on behalf of all the trustees**
**B3 Other assets**
**B5 Contingent liabilities**
**B4 Liabilities**
**B1 Cash funds**
**B2 Investments**|**Details**|**Unrestricted**
**funds**
**to nearest £**|**Restricted funds**
**to nearest £**|**Expendable**
**endowment**
**funds**
**to nearest £**|**Permanent**
**endowmen**
**funds**
**to nearest £**|
**t**|**Total current**
**period**
**to nearest £**|**Total last**
**period**
**to nearest £**| |---|---|---|---|---|---|---|---|---| ||Cash and bank balances at start of year|**-**
**37,667**|**-**||||**-**|| ||Surplus / (deficit) shown on receipts and
payments account||||||**37,667**|| ||||||||**-**|| ||||||||**-**|| ||**Cash and bank balances at end of**
**year**
(Agree balances with receipts and payments
account(s))
**Details**|**37,667**|**-**|**-**|**-**||**37,667**|**-**| |||-|
-|
-|
|-|
-|
-| |||||**Fund to which**|**asset belongs**||**Market valuation**
**to nearest £**|**Last year**
**to nearest £**| |||||||||| |||||||||| |||||||||| |||||||||| |||||||||| ||**Details**||**Fund to which**|**asset belongs**|**Total**
**Cost (if availab**
**to nearest £**|**le)**|**-**|
**-**| ||||||||**Current value (if**
**available)**
**to nearest £**|**Last year**
**to nearest £**| |||||||||| |||||||||| |||||||||| |||||||||| |||||||||| |||||||||| |||||||||| |||||||||| |||||||||| ||**Details**|||**Total**
**Fund to which**||**-**|
**-**|
**-**| ||||||**liability relates**||**Amount due**
**to nearest £**|**Last year**
**to nearest £**| ||VAT Due forQE 12/24|||General Operational Fund|||**259**|| ||Independent examination of accounts|||General Operational Fund|||**250**|| |||||||||| |||||||||| |||||||||| ||**Details**|||**Total**
**Fund to which liability relates**|||**509**|**-**| ||||||||**Amount due**
**(estimate)**
**to nearest £**|**Last year**
**to nearest £**| |||||||||| |||||||||| |||||||||| ||**Signature***|||**Total**
**Print Name**|||**-**|
**-**| |||||||||**Date of**
**approval**| |||||||||| |||||||||21-Feb-25| |||||||||21-Feb-25| - _Please note - OSCR will accept digital or typed signatures_ 2 **Nairnshire Community Newspaper SCIO** **SC053080** ## **Section C Notes to the Accounts** **C1 Nature and purpose of funds** _(may be stated on analysis of funds worksheets)_ ## **C2 Grants** ## **C3a Trustee remuneration** **Individual / Number of grants £ Type of activity or project supported institution made Total -** If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross this box (otherwise complete section 3b) **X £ Authority under which paid** **C3b Trustee remuneration - details** **C4a Trustee expenses** If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b) **X Number of £ trustees C4b Trustee expenses - details Transaction Balance amount (£) outstanding at Nature of relationship Nature of transaction period end (£) C5 Transactions with trustees and connected persons** **C6 Other information** 3 **Nairnshire Community Newspaper SCIO** **SC053080** ## **Additional analysis (1)** ## **Analysis of receipts and payments** ## **1 Donations** |**1 Donations**|**1 Donations**||||||||| |---|---|---|---|---|---|---|---|---|---| |||**Unrestricted**
**funds**
**to nearest £**||**Restricted funds**
**to nearest £**|**Expendable**
**endowment**
**funds**
**to nearest £**|**Permanent**
**endowment**
**funds**
**to nearest £**|**Total current**
**period**
**to nearest £**||**Total last**
**period**
**to nearest £**| |Small cash donations||**200**|||||**200**||| |Donations via JustGiving||**2,249**|||||**2,249**||| |Donations from named individuals||**1,410**|||||**1,410**||| |Gift aid received||**254**|||||**254**||| |**Total**
**2 Grants**||**4,112**||**-**|**-**|**-**|**4,112**||**-**| |||**-**
**Unrestricted**
**funds**
**to nearest £**||**-**
**Restricted funds**
**to nearest £**|**-**|**-**|**-**
**Total current**
**period**
**to nearest £**||**-**
**Total last**
**period**
**to nearest £**| |Haventus / Ardersier Port||**25,000**|||||**25,000**||| |Ward Discretionary Fund||**3,000**|||||**3,000**||| |Association of Nairn Businesses||**5,000**|||||**5,000**||| |Arnold Clark||**1,000**|||||**1,000**||| |**Total**
**34,000**
**-**
**Unrestricted**
**funds**
**to nearest £**
**3 Gross receipts from other charitable activities**||**34,000**||**-**|||**34,000**||**-**| |||||**-**
**Restricted funds**
**to nearest £**|**Expendable**
**endowment**
**funds**
**to nearest £**|**Permanent**
**endowment**
**funds**
**to nearest £**|**-**
**Total current**
**period**
**to nearest £**||**-**
**Total last**
**period**
**to nearest £**| |Newspaper sales||**3,172**|||||**3,172**||| |Advertisingsales||**8,754**|||||**8,754**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| |**Total**||**11,925**||**-**|**-**|**-**|**11,925**||**-**| |||-||-|-|-|-||-| ## **4 Payments relating directly to charitable activities** |||**Unrestricted**
**funds**
**to nearest £**|**Unrestricted**
**funds**
**to nearest £**|**Restricted funds**
**to nearest £**|**Expendable**
**endowment**
**funds**
**to nearest £**|**Permanent**
**endowment**
**funds**
**to nearest £**|**Total current**
**period**
**to nearest £**|**Total current**
**period**
**to nearest £**|**Total last**
**period**
**to nearest £**| |---|---|---|---|---|---|---|---|---|---| |Office Insurance, Rates, BID||**504**|






||||**504**|







|| |Utilities||**27**|||||**27**||| |Telecomms & Internet||**212**|||||**212**||| |Software & Computer Supplies||**375**|||||**375**||| |Postage||**28**|||||**28**||| |Stationery& Office Supplies||**315**|||||**315**||| |Website||**47**|||||**47**||| |Bank Fees and Charges||**36**|||||**36**||| ||||||||**-**||| |**Total**||**1,543**||**-**|**-**|**-**|**1,543**||**-**| 4 **SC053080** ## **Additional analysis (2)** **5 Breakdown of unrestricted funds** |**Receipts**|**Receipts**|**General**
**Operational**
**Fund**|**General**
**Operational**
**Fund**||||**Total**
**unrestricted**
**funds**|**Total**
**unrestricted**
**funds last**
**period**| |---|---|---|---|---|---|---|---|---| |Donations||**4,112**|||||**4,112**|| |Legacies|||||||**-**|| |Grants||**34,000**|||||**34,000**|| |Receipts from fundraisingactivities|||||||**-**|| |Gross tradingreceipts||**11,925**|||||**11,925**|| |buildings|||||||**-**|| |Rents from land & buildings|||||||**-**|| |Gross receipts from other charitable activities|||||||**-**|| |**_Sub total_**
**Receipts from asset & investment sales**||**50,037**||**-**|**-**|**-**|**50,037**|**-**| ||||||||-|| |Proceeds from sale of fixed assets|||||||**-**|| |Proceeds from sale of investments|||||||**-**|| |**_Sub total_**
**_Total receipts_**||**-**||**-**|**-**|**-**|**-**|**-**| |||**50,037**||**-**|**-**|**-**|**50,037**|**-**| ||||||||-|| |**Payments**|**Payments**|||||||| |---|---|---|---|---|---|---|---|---| |Expenses for fundraisingactivities||**410**|||||**410**|| |Gross trading payments||**3,035**|||||**3,035**|| |Investment management costs|||||||**-**|| |Payments relatingdirectlyto charitable activities||**1,543**|||||**1,543**|| |Grants and donations|||||||**-**|| |Governance costs:|||||||**-**|| |Audit / independent examination|||||||**-**|| |Preparation of annual accounts||**-**|||||**-**|| |Legal costs||**5,555**|||||**5,555**|| ||||||||**-**|| ||||||||**-**|| |**_Sub total_**
**Payments relating to asset and investment**
**movements**||**10,543**||**-**|**-**|**-**|**10,543**|**-**| ||||||||-|| |Purchases of fixed assets||**1,827**|||||**1,827**|| |Purchase of investments|||||||**-**|| |**_Sub total_**
**_Total payments_**
**_Net receipts / (payments)_**
**Transfers to / (from) funds**
**_Surplus / (deficit) for year_**||**1,827**||**-**|**-**|**-**|**1,827**|**-**| ||||||||-|| |||**12,370**||**-**|**-**|**-**|**12,370**|**-**| ||||||||-|| |||**37,667**||**-**|**-**|**-**|**37,667**|**-**| |||||||||| ||||||||**-**|| |||||||||| |||**37,667**||**-**|**-**|**-**|**37,667**|**-**| ||||||||-|| ## **Nature and purpose of funds** **General Operational Fund:** to cover costs related to charitable activities and operations, including office equipment and fittings. 5 APPENDIX 3 oscr Office of the Scottish Charity Regulator Independent examinerfs report on the accounts Report to the Chority name trusteeslmembers of ', Nairnshife Community Newspaper SCIO Registered charity SC 053080 On the accounts of the ¢harlty for the period Period start date Month Period end clale Month Day Year Day to 01 01 2024 31 12 2024 Set out on pages Respective The Chanty's trustees are responsible for the preparation of the accounts in accordance responsibilities of with the terms of the Charities and Trustee Investment Iscollandl 2005 Act and the trustees and examiner Charitie5 Accounts (Scollandl Regula110ns 2006. The charity Iruslees consider that the audit requirement of Regulation 10111 Idl of the Accounts Regulations does not apply. It is my responsibility to examine the aLtounls as required under section 44111 Icl of the Acl and lo slate whether particular matlerg have come to my attention. Basis of independont My examination is carried out in accordan¢e with Regulation 11 of the Charities exarninèr'8 Statsmont Accounts IS¢ollandl Regulations 2006_ An exarninalion includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 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 accounts. Ind•pendent examiner's In the course of my examination, no matter has come to my attention statement which gives m8 reasonable cause to believe that in any material respect the requirements.. lo keep accounting records in accordance wilh section 4411) lal of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations. and to prepare accounts which ac¢ord with the accounb.ng records and comply with Regulation 9 of the 2006 Accounts Regulations have not been rnet. or lo which. in my opinion. attention should be drawn in order to enable a proper understanding of the accounts lo be reached. Date: Sign•d: Narne: Relevant professional qualificationlsl or body (if any}: Addre5S: 'Pl8&5e delete the words in th? braGke15 Ifthey do not appky Ifthe words do apply. s8t out Ih05e tnatters which have comg to your on Ihe followng pBge. ## **Trustees’ Annual Report for Nairnshire Community Newspaper SCIO (“the Charity”)** ## **1. Reference and Administrative Information** **Charity Name:** Nairnshire Community Newspaper SCIO **Charity Number:** SC053080 **Address:** **Charity Trustees on Date of Approval of The Trustees’ Annual Report** ## **Membership** : As at Date of Approval of The Trustees’ Annual Report the Charity has 99 Members, including the Trustees listed above. ## **2. Structure, Governance, and Management** **Governing Document:** The governing document is the constitution of Nairnshire Community Newspaper SCIO **Constitution:** The charity is a Scottish Charitable Incorporated Organisation (SCIO) **Trustee Recruitment and Appointment:** - The Initial Trustees were who were the signatories to the charity application. Their effective date of appointment was 26 January 2024. - were appointed Charity Trustees on 15 July 2024. `o` Post year end, resigned as Trustee and Secretary, effective 7 February 2025. ## **3. Financial Summary** **Year-end position:** - Income from charitable activities during the year was £3,172 from sales of the newspaper and £8,754 from advertising sales, a total of £11,825. - Income from donations was £4,112 and the Charity received unrestricted grants to the value of £34,000. - Payments during the year were £12,370. - As at 31 December 2024 the Charity had reserves of £37,667. ## **Reserves Policy:** The reserves policy is to maintain reserves equal to at least three months operating costs, which, based on current committed costs, equates to £7,000. Surplus funds are to be invested back into the development of charitable activities. ## **Donated Services and Facilities:** It is worth noting that the Charity benefitted from specialist skills and services donated by a number of the Trustees. These include business planning; accountancy and bookkeeping; IT systems set up and support; digital design and layout; HR support; editorial review; office administration; distribution of newspapers. It is estimated that in excess of 10,000 volunteer man hours have been worked since conception of this project, to get the newspaper to where it is now. Additionally the Charity has benefitted from donated office equipment, including furniture, desktop PC, monitor and printer, which is worth in the region of £1,000. ## **4. Objectives, Activities and Achievements** ## **Objectives** The purposes of the Charity are to advance citizenship and community development in Nairn and its surrounding area through production of a regular newspaper mainly by volunteers to: (i) bridge information gaps with timely, accurate, and relevant news and local interest stories; and (ii) provide schedules of and support to local events; which will keep residents connected to each other and promote civic engagement. ## **Activities** The SCIO’S charitable status was approved by OSCR on 26 January 2024; Banking facilities were opened with the Co-operative Bank on 14 February 2024; HMRC charitable status was received on 19 April 2024, with Gift Aid registration subsequently confirmed; VAT registration was approved by HMRC, effective 1 September 2024. A lease on premises at 79A High Street, Nairn was signed on 26 July 2024. Office kit out and running costs during 2024 have been covered by unrestricted grant funding received from Highland Council Ward Discretionary Fund and Arnold Clark Community Fund. Funding has already been secured to cover these costs in 2025. The office provides a team hub and meeting space to coordinate production and distribution of the newspaper. During the year, legal fees to the value of £5,555 were incurred in relation to exploration of a potential opportunity to develop the scope of the Charity’s revenue generating activities. On recommendation of the Trustees, the Charity did not proceed with this opportunity. Legal fees were covered by an unrestricted grant from Haventus secured for that purpose and discussions between the parties involved remain confidential. Following a free of charge “Games Day Special” pilot edition produced for Nairn Games Day, at time of writing, the Charity has successfully published four full editions of The Nairnshire Community Newspaper (Oct, Nov, Dec 2024 and Feb 2025), priced at £1.80. The next edition will be published on 1 March 2025. ## **Achievements** Average circulation for the first three editions during 2024 is 1080 copies (compared to latest certified circulation of Inverness Courier Nairnshire Edition which averaged 536 per week for 2024). Assuming each newspaper is read by two people, this means reach equates to approximately 20% population of Nairn. Sales of the newspaper cover printing costs and make a small contribution towards running costs. The Trustees have been greatly encouraged by the level of engagement from the community, with over 40 articles submitted for each edition, including from a number of regular contributors. Our What’s On page, which was a much requested feature at our public consultation meetings, now includes over 100 local clubs, activities and services available to residents. Through articles and features submitted to the newspaper we have been able to raise awareness of over 45 charities and community organisations, doing our bit to highlight all the great work they contribute to our Nairn and Nairnshire. Advertising placement is an important source of revenue for the Charity and is key to achieving our long term goal of being a self-funding organisation. Across the first three editions there were 74 paid advertisements placed by 42 local businesses. We share updates about the newspaper, such as copy deadlines and publication dates, on our social media channels and via direct email to our mailing list. At time of writing we have 410 followers on our Facebook page, 1348 members in our Facebook discussion group and 310 subscribers on our email list. We have received lots of positive feedback about the newspaper via these channels. Some examples include: “I have just finished reading our new Nairnshire Community Newspaper, cover to cover. What a great read, lots of brilliant articles on what is going on, a few resonating with me personally. Well done to everyone for all your hard work in getting this to press. Looking forward to the next edition.” , Facebook. “Enjoyed reading local news from Nairn. Well done in pulling it together everyone.” , Facebook. “Well done guys. Lots of news and information that would otherwise not be available. Great effort.” , Facebook. "Thank you very much for all your time putting this together, we really hope to raise awareness of our little group and feel the people who need us most are not on social media and will be picking up and reading their local paper." Alzheimer Scotland, by email Following a successful recruitment campaign, in November 2024 the Trustees were delighted to appoint the Charity’s first paid employee, and our Office Administrator officially joined the team in January. This part time post, on a 12 month fixed term contract, is funded by an unrestricted grant from Haventus. The Office Administrator will provide much needed support to the Editorial, Advertising, What’s On and Production teams, and will be responsible for manning the office and our inboxes for three days per week. ## **5. Thanks and acknowledgements** The Trustees would like to extend their thanks and acknowledgements to - The Editorial, Advertising, What’s On, Finance and Production teams, who are all unpaid volunteers and have collectively put in 100s of hours each month to make the newspaper a reality. - , for their support and input - during 2024, via their respective roles as co-chairs and interim secretary of the initial Steering Committee / Board Advisory Group. - , former Trustee and Secretary, for his contribution to the project, particularly for his - work in obtaining our charity status. - Everyone who has taken the time to submit an article, feature or other material to the newspaper. - Local independent retailers and other organisations who have demonstrated their support by selling the newspaper. - All individuals, businesses and organisations who have supported the Charity financially by buying the newspaper, placing an advertisement, making a donation or awarding grant funding. ## **6. Plans for Future Periods** The key objectives for 2025 are to - Expand the volunteer team through identifying and recruiting additional Trustees, committee members and volunteers with relevant experience and skills, including fundraising and marketing, advertising sales, digital design and website development. - Secure additional funding to enable recruitment of an editor/reporter. We believe having this role in place is crucial to sustaining a regular publication; and to increasing frequency and scope of publication. - Carry out marketing activities that will raise awareness of the newspaper and grow circulation, thereby generating additional revenue through newspaper and advertising sales, that will fund the infrastructure and staffing required to support increased frequency of publication. - Develop our website so that we can offer a digital version of the newspaper, thereby target a younger audience and also expand our reach to readers out with Nairn and Nairnshire. To achieve these objectives our fundraising needs are - **To recruit an editor/reporter** : We would ideally like to secure sufficient funding to cover one year’s salary (£30,000), but confirmation of a grant equivalent to six months’ salary (£15,000) would enable us to progress with this. We would expect this role to be self-funding after the first year. - **To develop a digital version of the newspaper:** This will require development of our website, to include a paywall and secure area to host the newspaper. Additional funding of £5,000 would enable us to progress with this. - **To increase awareness of the newspaper within the community:** We plan to carry out a series of leaflet door drops. The cost per drop, including design & printing, to reach approx. 6,500 residents is estimated at £800. ## **7. Declaration** The Trustees declare that they have approved this Trustees’ Annual Report. **Signed on behalf of the Charity’s Trustees:** **Signature:** ___________________________ **Full Name: Position:** Chair **Date:** 19 February 2025