## **HELENSBURGH EVENTS AND REINVESTMENT TRUST**
Scottish Charity Number: SC053302
## **TRUSTEES' ANNUAL REPORT**
AND
## **RECEIPTS & PAYMENTS ACCOUNTS**
For the period 23 April 2024 to 31 December 2024 _(First accounting period)_
## **TRUSTEES' ANNUAL REPORT**
For the period 23 April 2024 to 31 December 2024
## **Reference and Administrative Details**
**Charity name:** Helensburgh Events and Reinvestment Trust
**Known as:** HEART **Scottish Charity Number:** SC053302
**Legal form:** Scottish Charitable Incorporated Organisation (SCIO) **Date of incorporation:** 23 April 2024
**Principal office:** 52 West Princes Street, Helensburgh, G84 8UG **Financial year end:** 31 December
## **Charity Trustees**
The following individuals served as charity trustees throughout the period:
|**Name**|**Role**|**Date Appointed**|
|---|---|---|
|Mickael Paris|Chair|23 April 2024|
|Andrew Duncan|Treasurer|23 April 2024|
|Stephanie Thomas|Secretary|23 April 2024|
|Jonathan Stanton|Trustee|23 April 2024|
|Henry Boswell|Trustee|23 April 2024|
|Ross Donaldson|Trustee|23 April 2024|
|Oliver Pritchard|Trustee|23 April 2024|
|Rhona Hamilton|Trustee|23 April 2024|
|Holli Carden|Trustee|23 April 2024|
|Philip Sumner|Trustee|23 April 2024|
|Vicki Sumner|Trustee|23 April 2024|
|Alison Sturgeon|Trustee|23 April 2024|
|Dave Wilkie|Trustee|23 April 2024|
## **Purposes**
The organisation's purposes, as set out in its constitution, are:
_(A) Community Engagement through Event Hosting: To organise and provide a variety of community events within the Helensburgh & Lomond area. These events aim to foster community spirit and engagement, with all profits generated being used to support local causes and charities._
_(B) Grant Funding for Local Initiatives: To allocate grant funding to local causes and charities, derived from the profits of our events. The grants are intended to support projects and initiatives that contribute to the well-being of the local community, addressing local needs and improving the quality of life within the Helensburgh & Lomond area._
## **Activities and Achievements**
This report covers the first accounting period of the organisation, from its incorporation on 23 April 2024 to 31 December 2024.
During this period, the charity was in its establishment phase. The trustees focused on setting up the governance and administrative foundations required to operate effectively as a Scottish Charitable Incorporated Organisation. No trading activity, fundraising events, or grant distributions took place during this initial period.
The charity did not open a bank account or receive or expend any funds during the period.
## **Financial Review**
The charity had no income or expenditure during the period. No bank account was opened and no assets were held at the period end. The charity had no liabilities at 31 December 2024.
The trustees are satisfied that the charity is in a sound financial position and that it has adequate resources to continue its activities in the coming year.
## **Risk Management**
As the charity was dormant during this period, the trustees considered the principal risk to be the timely establishment of operational infrastructure to allow the charity to begin fulfilling its purposes. The trustees have taken steps to address this in the subsequent period.
## **Plans for the Future**
Following the establishment period, the trustees plan to begin delivering on the organisation's charitable purposes. A bank account application has been submitted to allow the charity to begin receiving and managing funds.
In the coming year, the charity intends to organise a programme of community events in the Helensburgh and Lomond area, including a summer festival, a Burns Supper, a Santa Dash, and a local fireworks display. All profits generated from these events will be redistributed through a grant funding programme to support local causes and charities.
## **Declaration**
The trustees declare that they have approved the above report.
________________________________________
_Signed on behalf of the charity trustees_
## Andrew Duncan
_______________________________________ Name (print)_
## Treasurer
________________________________________
_Position_
10/03/2026
_______________________________________ Date_
## **STATEMENT OF RECEIPTS AND PAYMENTS**
For the period 23 April 2024 to 31 December 2024
||**Unrestricted**
**Funds**|**Total Funds**|
|---|---|---|
||**£**|**£**|
|**Receipts**|||
|Donations and fundraising|Nil|Nil|
|Event income|Nil|Nil|
|Other income|Nil|Nil|
|**Total receipts**|**Nil**|**Nil**|
|**Payments**|||
|Charitable activities|Nil|Nil|
|Governance costs|Nil|Nil|
|Other payments|Nil|Nil|
|**Total payments**|**Nil**|**Nil**|
|**Surplus / (Deficit) for the period**|**Nil**|**Nil**|
## **STATEMENT OF BALANCES**
As at 31 December 2024
||**Unrestricted**
**Funds**|**Total Funds**|
|---|---|---|
||**£**|**£**|
|**Bank and cash balances**|||
|Cash at bank and in hand|Nil|Nil|
|**Total bank and cash balances**|**Nil**|**Nil**|
||||
|**Assets and liabilities**|||
|Assets held|Nil|Nil|
|Liabilities|Nil|Nil|
## **Notes to the Accounts**
1. Basis of accounting: These accounts have been prepared on a receipts and payments basis in accordance with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.
2. Accounting period: This is the first accounting period of the charity, running from 23 April 2024 (date of incorporation as a SCIO) to 31 December 2024.
3. Dormant period: The charity did not trade, open a bank account, or receive or expend any funds during this period. The trustees were focused on establishing the governance framework for the organisation.
4. Related party transactions: There were no related party transactions during the period.
5. Trustee remuneration: No trustee received any remuneration or expenses during the period.
10/03/2026 The accounts were approved by the board of trustees on __________________ and signed on their behalf by:
LA A. :
________________________________________
_Signed on behalf of the charity trustees_
## Andrew Duncan
________________________________________
_Name (print)_
## Treasurer
_______________________________________ Position_
## 10/03/2026
________________________________________
_Date_
## **INDEPENDENT EXAMINER'S REPORT**
On the accounts of Helensburgh Events and Reinvestment Trust (SC053302)
For the period 23 April 2024 to 31 December 2024
## **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 charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required 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 seeking 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.
## **Independent Examiner's Statement**
In the course of my examination, no matter has come to my attention:
(a) which gives me reasonable cause to believe that in any material respect the requirements of the 2005 Act and the 2006 Regulations have not been met; or
(b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts.
_______________________________________ Signed (Independent Examiner)_
________________________________________ Joanne Angus _Name (print)_
4 Dubmire Cottages, Houghton LE Spring DH
________________________________________
_Address_
________________________________________
-
_______________________________________ Relevant qualifications (if any)_
## 12/03/2026
_______________________________________ Date_
## HEART_Nil_Return_2024
Final Audit Report
2026-03-12
Created: 2026-03-11 By: Andrew Duncan (andrew.duncan@soar.tech) Status: Signed Transaction ID: CBJCHBCAABAA8x_s7i0XEsm8dHAxsK03V4IRQjT0iemX
## "HEART_Nil_Return_2024" History
Document created by Andrew Duncan (andrew.duncan@soar.tech)
2026-03-11 - 8:07:16 PM GMT- IP address: 86.2.100.189
Document emailed to Joanne Angus (joanneangus50@gmail.com) for signature
2026-03-11 - 8:07:20 PM GMT
Email viewed by Joanne Angus (joanneangus50@gmail.com)
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Document e-signed by Joanne Angus (joanneangus50@gmail.com)
Signature Date: 2026-03-12 - 9:05:19 AM GMT - Time Source: server- IP address: 81.146.11.117
Agreement completed.
2026-03-12 - 9:05:19 AM GMT