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BONNYBRIDGE COMMUNITY HUB Scottish Charity Number: SC053515

Trustees’ Annual Report and Financial Statements

For the Period From 18*" July 2024 to 30" September 2025

Reference and Administration Details

Charity’s Name: Bonnybridge Community Hub Registered Charity No.: Scottish Charity No. SCO53515 Charity’s principal address: 4 Bridge Street, Bonnybridge, FK4 1AA

Names of the Charity Trustees on date of approval of Trustees’ Annual Report

Chair Secretary Treasurer

Independent Examiner

Structure and Governance

The organisation was registered with OSCR as a SCIO on 18" July 2024 The governing document is the Constitution adopted at a meeting of Bonnybridge CEC Working Group on 4"" June 2024 The Trustees’ and Office Bearers were elected at above meeting and elections will be made each year at AGM

Objectives and Activities

Bonnybridge Community Hub will provide a safe, warm and secure facility for the purpose of meeting and interaction of individuals and groups to engage in social and educational activities to promote health and wellbeing and to help reduce social isolation and loneliness.

The Hub will also enable the advancement of citizenship or community development, the provision of recreational facilities, or the organisation of recreational activities to develop personal confidence, skills and to enhance the conditions of life for the persons for whom the facilities or activities are primarily intended.

Review of Year 1

Starting with a zero balance presented a challenge however we managed to quickly adopt a booking system with reasonable charges for the various halls and rooms, and this provided a steady stream of income of around £2.5K per month. An annual membership was offered to members of the various groups, currently more than 20, and nearly 500 people have joined giving us an income of around £5K for the first year.

Fundraising activities included 3 Indoor Markets which proved very successful and raised around £3.5K plus one-off events such as birthday parties and charity fundraisers.

Most of the first year operated on the basis of a FRI Lease with Falkirk Council and it took a lot of negotiating to complete the CAT process. This involved various lawyer and surveyor fees which were difficult to budget for with additional negotiations around a preexisting lease for a tenant of the Hub proving quite problematic.

Energy costs were uncertain regarding tariffs and agreement around the start date for the Hub to take over payment from Falkirk Council. This has now been agreed on acceptable terms and Year 2 will reflect charges for period from 1° April 2025. With this information now available we will be able to make a more accurate forecast of 2025/26 expenditure against the income streams.

Reserves — we have steadily built up our reserves and going forward we will adopt a policy of holding reserves which represent at least 6 months of annual expenditure against Unrestricted Funds.

CAT Enablement Fund - £152,400 was awarded for roof repairs of which we received £78,400 in 2024/25 for Phases 1 and 2

Grants — we made successful applications for the following Grants: -

Start Up Grant (Falkirk Council) - £2,000 for computer equipment and projector.

Capital Grant (Falkirk Council) - £8,000 for cleaning equipment and kitchen accessories.

CVS Falkirk - £6,000 for a community garden, which was built early Spring 2025, and is proving very popular with all age groups.

Community Choices Grant - £4,683 of which £1,575 has been spent on a defibrillator in 2024/25 and £2,542 has been used to purchase table tennis tables and equipment which will appear in 2025/26 accounts.

Signed on behalf of the Trustees’ Committee

Position: Chair

Independent Examiner's Report

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts 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 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, | do not express an audit opinion on the view given by the accounts.

In the course of my examination, no matter has come to my attention:

which gives me reasonable cause to believe that in any material respect the requirements:

° to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts 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

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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Signed
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Name:

Relevant qualifications or experience: Senior Client Adviser at Wbg Services LLP

Date:

. Ny25/0)i Q I Qo rv