Friends of L ne Kirk scio Annual Report & Financial Statements for the period 27 March 2024 to 31 March 2025 Scottish Charity No.SC053238
Friends of Lyne Kirk (SCIO) Trustees Report For the Period 27 March 2024 to 31 March 2025 Charity Name Friends of Lyne Kirk Scottish Charity Number SC053238 Principal Office Address Trustees The Trustees who served during the period to 31 March 2025 and at the date of approval of the annual report were . Chairperson Secretary Treasurer Charity Statu5 & Governing Document The Charity is a Scottish Charitable Incorporated Organisation (SCIO), It was registered on 27 March 2024 and is governed by its Constitution. The Charity was set up for the purpose of buying Lyne Kirk and its objectives are to preserve and maintain Lyne Kirk as a place of historic interest, public worship 2nd private spiritual reflection for all who wish to visit this special building. Recruitment & Appointment of Trustees The Charity's initial Trustees were recruited from within the local community as those considered to have the skills and commitment to achieve the Charity's purpose and objectrves. None of the Trustees received any remuneration during the period. One Trustee received reimbursement of expenses totalling £221. Page I
Activities & Achievements Negotiations to purchase Lyne Kirk from the Church of Scotland proved to be slower than expected and it took until early November 2024 for the £25,000 asking price to be rnade known to the Trustees. Believing this to be achievable, the Trustees launched a crowd funding campaign in mid-Novernber 2024 which raised £52,112 of donations, including £6,783 gift aid received from HMRC after 31 March 2025, This enabled the purchase of Lyne th Kirk to be completed on 14 February 2025 at a total cost of £27,020 including legal fees. For its inaugural community event, the charity held a successful Burns Supper sl on l February 2025. This event included an auction of favours and raised £2,356 after expenses. Lyne Kirk continues to be used by the congregation of Lyne & Manor Parish for public worship on the fi'rst Sunday of each month. Reserves It is the Trustees, policy to hold reserves sufficient to meet the ongoing needs of the Charity. At 31 March 2025 the Charity held £18,905 in unrestricted reserves. Approved by the Trustees and signed on their behalf .. Date . ZL'2i Page 2
Friends of Lyne Kirk Scottish Charity Number: SCO53238 Recelpts & Payrnents Account For the Period 27 March 2024 to 31st March 2025 Recei Donations Gift Aid Receipts f rom f undraising activities Bank interest 42,200 3,129 2,465 74 Total Recelpts 47,868 Pa ments Expen ses for fu nd raising activities Payments relating di rectly to charitable activities 531 1,412 1,943 Pa ments relatln to assets Purchase of property 27,020 Total Payments 28,963 Surplus for the perlod 18,905 Statement of Balances Cash and bank ba12nces at the start of the period Surplus shown on recelpts and payments account 18,905 Cash and bank balances at the end of the perlod 18,905 Approved on behalf of all the Trustees by". Page 3
Friends of Lyne Kirk Scottish Charity Number: SCO53238 Analysis of Recelpts & Payments For the Period 27 March 2024 to 31st March 2025 Recelpts from fundralslng actlvltles Burns Supper ticket sales Auction of favours 980 1,485 2,465 Expenses for fundralslng actlvltSes Just giving charges Burns supper expenses 422 109 531 Payments relatlng dlrectly to charltable actlvltles Insurance Website Postage 1,271 129 12 1,412 Purchase of property Purchase of Lyne Kirk Lega l expenses 25,000 2,020 27,020 Page 4
OSCR kotti5h Charty Re%ulilor Independent examiner's report on the accounts V2 Report to the Charity name trusieeslmembers Of Frlends of Lyne Klrk Reg16tered charlty number On the account6 of the charity for th• pgriod SC006628 Period start dale Month Period end data Monlh D•y Year Day Y8ar 27 03 2024 to 31 03 2025 Sot out on pages Irnernber lo Indude the page numbern ofB¢dibonal sheeL41 3a4 Respective The charity's Trustees are responsible for the preperalion of the accounts in accordance responsibilltles of with the terms cf the Charities and Trustae Investm8nl (Scotland) 2005 Act and the trustee6 and examlner Charities Accounts {Scollandl Regulations 2006 las amended). The charity's Trustees consider that thè audit requirèment of RegLilation 10(11 Id) of the Accounts Regulations does not apply. It is my responsibility lo examine the accounts as required under section 44111 (c) of the Act and to stale whether particular matters have come10 my attention. Ba618 of Indgp•ndgnt My examination is Garried out in accordance with Regulation 11 of the 2006 Accounts examlner's stat?rnent Regulations. An examination includes 8 review of the accounting records kepl 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 explanalions from the trustee5 conceming any such matters. The prDcedures 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 exarnlner'g In the course of my examination, no matter has come lo my attention statement which gives me reasonable cause to b81i8ve that in any material respect the requirernents.. lo keep accounting records in accordance with section 4411) (al of the 2005 Act and Regulation 4 of the 2006 Accounls Regulations, and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or lo which, in my opinion, attenlion should be drawn in order to enable a proper I Indprst8Ddinfj nf thp ar.n.ni Int8 lo be reached. Slgned Name Relevant professlona qualification(sl or bod¥ lif any Dale: IIILIIS Address Paqe 5