Trustees Annual Report
for
Glasgow Richmond Model Boat Club SCIO for the period
to 1[st] October 2025
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Scottish Charity No: SC053532
Annual Report & Financial Statements for the year ending 1[st] October 2025 Scottish Charity No SC053532
Index
| Page | 3 | Reference & Administrative Information |
|---|---|---|
| Page | 4 | Trustees Annual Report: |
| Structure Governance & Management | ||
| Objectives & Activities | ||
| Page | 5 | Achievements & Performance |
| Page | 6 | Financial Review |
| Page | 6 | Statement of Trustees |
| Page | 7 - 9 | Annual Accounts: |
| Page 7 Receipts & Payments Account | ||
| Page 7 Statement of Balances | ||
| Page 8-9 Notes to the Accounts | ||
| Page | 10 | Independent Examiners Report |
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Annual Report & Financial Statements for the year ending 1[st] October 2025 Scottish Charity No SC053532
Reference & Administrative Information
Charity Name:
Glasgow Richmond Model Boat Club SCIO
Scottish Charity No:
SC053532
The Charites Principal Address:
Richmond Park 10 Shawfield Drive Glasgow G5 0AN
Charities Trustees on date off approval including office held:
Chairperson Ronald Morlan Vice Chairperson David Morrison Treasurer Christopher Daisley Secretary Colin Miller Trustee Douglas Coupethwaite Trustee William MacCowan Trustee Alex Leitch Trustee Stuart Hepburn
Names of other trustees during the period:
Brian Cowell resigned June 2025 David Mclean resigned June 2025
Independent Examiner:
Sue Bennett ACIE 21 Dounehill Jedburgh TD8 6LJ
Bankers:
Virgin Money 7 Gold Street Northampton NN1 1EN
Bank of Scotland plc PO Box 1000 BX2 1LB
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Annual Report & Financial Statements for the year ending 1[st] October 2025 Scottish Charity No SC053532
Structure, Governance & Management
Governing Document:
The Glasgow Richmond Model Boat Club was recognised as a Scottish Charitable Incorporated Organisation (SCIO) on the 24[th] July 2024.
Trustee Recruitment & Appointment:
At each AGM, the members may elect any member (unless he/she is debarred from membership under clause 53 of the Constitution) to be a charity trustee. All of the charity trustees elected/appointed shall retire from office, but shall then be eligible for re-election.
A charity trustee retiring at an AGM will be deemed to have been re-elected unless: -
-
⚫ he/she advises the board prior to the conclusion of the AGM that he/she does not wish to be reappointed as a charity trustee; or
-
⚫ an election process was held at the AGM and he/she was not among those elected/re-elected through that process; or
-
⚫ a resolution for the re-election of that charity trustee was put to the AGM and was not carried.
Objectives & Activities
The Charities Charitable Purpose:
As set out in the ‘Constitution’ and ‘The Charities and Trustee Investments (Scotland) Act 2005’ the purpose(s) of the Glasgow Richmond Model Boat Club SCIO are the following: -
-
The advancement of education
-
The advancement of the arts, heritage, culture or science
-
The provision of recreational facilities, or the organisation of recreational activities, with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended
Any other purpose that may reasonably be regarded as analogous to any of the preceding purposes.
Summary of the main activities in relation to these objectives:
Charitable Purposes 3 The Club’s purposes are to advance education, heritage and to provide recreational facilities and activities with the object of improving the conditions of life for the public benefit. This will be achieved by:
3.1 Promoting model ship building and sailing, linking these activities to the rich Clydeside heritage and history of shipbuilding in the local area.
3.2 Encourage participation in, and enjoyment of, model boat building amongst our members and also the public.
3.3 Providing an environment were developing and expanding the knowledge, understanding application of the skills required to build and operate model boats can be fostered.
3.4 Offering our members the opportunity to enjoy the exchange of ideas and knowledge of model building in a social, constructive, inclusive and enjoyable environment.
3.5 Applying the use of historical research, photographic evidence, plans, blueprints and archival materials to inform and enhance the building of model boats.
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Annual Report & Financial Statements for the year ending 1[st] October 2025 Scottish Charity No SC053532
Achievement & Performance for 2024-25
Meeting twice weekly for members to pursue the activities above in a social, constructive and enjoyable environment Holding open public events to display and sail model boats, including "hands on" activities for young people which were attended by over 100 people on each of 3 occasions. A planned 4th event had to be cancelled due to a Met. Office weather warning.
Operating a Facebook Group which has 500 followers.
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Annual Report & Financial Statements for the year ending 1[st] October 2025 Scottish Charity No SC053532
Financial Review
Statement of Reserves Policy:
The Charity is ring fencing £20,000 as a reserve to cover repairs and renovations proposed to the Club House over the forthcoming months.
Details of any deficit:
There is no financial deficit this year, the Trustees will continue to monitor the balances.
Details of Donated Facilities & Services:
The Charity benefits from the time given by all the Trustees to the running of the Charity.
Statement of Trustees Responsibilities
The members of the Charity must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Charity during the financial year. The members of the Charity are responsible for keeping proper accounting records which, on request, must reflect the financial position of the Charity at that time. This must be done to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006.
They are also responsible for safeguarding the assets of the Charity and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf by:
Ronald Morlan
Ronald Morlan (Nov 6, 2025 14:06:21 GMT)
Ronald Morlan Chairperson
Dated:
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Annual Report & Financial Statements for the year ending 1[st] October 2025 Scottish Charity No SC053532
Receipts & Payments Account Year Ended 1[st] October 2025
| Notes | Un Restricted |
Restricted Funds |
Total 2025 |
|
|---|---|---|---|---|
| Receipts | ||||
| Donations | 2,236.55 | 0.00 | 2,236.55 | |
| Receipts from Fund Raising Activities | 1 | 3,135.67 | 0.00 | 3,135.67 |
| Other Charitable Activities | 2 | 7,576.10 | 0.00 | 7,576.10 |
| Bank Interest | 559.12 | 0.00 | 559.12 | |
| Total Receipts | 13,507.44 | 0.00 | 13,507.44 | |
| Payments | ||||
| Expenses from Fund Raising Activities | 3 | 1,131.48 | 0.00 | 1,131.48 |
| Expenses from Charitable Activities | 4 | 6,804.66 | 0.00 | 6,804.66 |
| Independent Examination | 0.00 | 0.00 | 0.00 | |
| Total Payments | 7,936.14 | 0.00 | 7,936.14 | |
| Net Receipts/(Payments) | 5,571.30 | 0.00 | 5,571.30 | |
| Transfer between Funds | 0.00 | 0.00 | ||
| Surplus/(Deficit) for Year | 5,571.30 | 0.00 | 5,571.30 | |
| Statement of Balances as at | Un | Restricted | Total | |
| 1st October 2025 | Restricted | Funds | 2025 | |
| Balances at Start of Year | 37,158.73 | 0.00 | 37,158.73 | |
| Surplus/(Deficit) for Year | 5,571.30 | 0.00 | 5,571.30 | |
| Balances at End of Year (see note 7) | 42,730.03 | 0.00 | 42,730.03 | |
| Other Assets | ||||
| See Note 5 | 3,415 |
Liabilities
No Outstanding Liabilities
Financial Statements approved by the Charity and signed on its behalf by:
Signed......…………………………………………………………. Christopher Daisley - Treasurer 04/11/25 Dated......................................................................................
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Annual Report & Financial Statements for the year ending 1[st] October 2025 Scottish Charity No SC053532
Notes to the Accounts
| 2025 | |
|---|---|
| 1. Income from Fundraising Activities | |
| Raffles | 95.00 |
| Tombola’s | 331.61 |
| Cash Back | 2.15 |
| Events: | |
| Hand On Boats | 78.70 |
| Other Events | 350.01 |
| 40thBirthday Show | 201.50 |
| Regatta | 212.30 |
| Auction | 1,864.40 |
| £3,135.67 | |
| 2.Other Charitable Activities | |
| Membership | 1,810.00 |
| Items for Sale | 215.60 |
| Kitchen | 5,550.50 |
| £7,576.10 | |
| 3.Expenses from Fundraising Activity | |
| Toilet Hire | 600.00 |
| Other Costs | 255.39 |
| Promotion & Advertising | 276.09 |
| £1,131.48 | |
| 4.Expenses from Charitable Activity | |
| Printing, Stationery & Postage | 55.42 |
| Canteen & Kitchen Expenses | 2,695.79 |
| Insurance | 302.84 |
| Property Costs & Repairs | 2,857.48 |
| Alarm | 173.76 |
| Trophies & Gifts | 5.00 |
| Equipment (See note 5) | 683.21 |
| Bank Charges | 31.16 |
| £6,804.66 |
5.Assets of the Glasgow Richmond Model Boat Club SCIO as at 1[st] October 2025
| Additions | 2025 | |
|---|---|---|
| 2025 | ||
| Workshop | 0 | 1,470 |
| Kitchen | 0 | 970 |
| Furniture | 0 | 145 |
| Other Items (additions Life Jackets £164.85) | 165 | 830 |
| Total | 165 | 3,415 |
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Annual Report & Financial Statements for the year ending 1[st] October 2025 Scottish Charity No SC053532
Notes to the Accounts cont’d
6.Trustee Remuneration and Related Party Transactions
The Trustees did not receive any remuneration or expenses during the year.
7.Nature & Purpose of Funds
The statements of account for the year show the financial figures for the Charity. All funds are un-restricted and for the sole use of the Charity and its running costs.
The funds are made up of the following:
Cash Account 119.18 Bank of Scotland Bank Account 170.89 Virgin Money Bank Account 4,880.84 Virgin Money 30 Day Bank Account 37,559.12
Total £42,730.03
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Annual Report & Financial Statements for the year ending 1% October 2025 Scottisn Chanty No SCU53532
Independent Examiner’s Report on the Accounts
Report to the trustees of the Glasgow Richmond Model Boat Club SCIO Reaistered charity number SC053532
On the accounts of the charity for the period to 1** October 2025 Set out on Pages 7 to 9
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) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. 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.
Basis of independent examiner’s statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kent 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 accounts.
Independent examiner’s statement
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:
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to keep accounting records in accordance with section 44(1) (a) of the 2005 Act ana Regulation 4 of the 2006 Accounts Regulations, and
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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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Relevant professional qualification(s) or body:
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