IRIS Accounts Production v24.3.2.46 Other Company accounts True false Pounds 1.5.23 30.4.24 30.4.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2308692023-04-30SC2308692024-04-30SC2308692023-05-012024-04-30SC2308692022-04-30SC2308692022-05-012023-04-30SC2308692023-04-30SC230869ns0:CharitableCompanyLimitedByGuarantee2023-05-012024-04-30SC230869ns15:PoundSterling2023-05-012024-04-30SC230869ns11:FRS1022023-05-012024-04-30SC230869ns11:IndependentExaminationCharity2023-05-012024-04-30SC230869ns11:SmallCompaniesRegimeForAccounts2023-05-012024-04-30SC230869ns11:FullAccounts2023-05-012024-04-30SC230869ns11:CharitiesSORP2023-05-012024-04-30SC230869ns16:EnglandWales2023-05-012024-04-30SC230869ns11:RegisteredOffice2023-05-012024-04-30SC230869ns0:Trustee32023-05-012024-04-30SC230869ns0:Trustee42023-05-012024-04-30SC230869ns0:Trustee52023-05-012024-04-30SC230869ns0:Trustee12023-05-012024-04-30SC230869ns0:Trustee62023-05-012024-04-30SC230869ns0:Trustee72023-05-012024-04-30SC230869ns0:Trustee82023-05-012024-04-30SC230869ns0:Trustee92023-05-012024-04-30SC230869ns0:Trustee102023-05-012024-04-30SC230869ns0:Trustee112023-05-012024-04-30SC230869ns0:Trustee122023-05-012024-04-30SC230869ns0:Trustee132023-05-012024-04-30SC230869ns11:CompanySecretary12023-05-012024-04-30SC230869ns0:TotalUnrestrictedFunds2023-05-012024-04-30SC230869ns0:TotalRestrictedIncomeFunds2023-05-012024-04-30SC230869ns0:Activity122023-05-012024-04-30SC230869ns0:TotalUnrestrictedFundsns0:Activity122023-05-012024-04-30SC230869ns0:Activity12ns0:TotalRestrictedIncomeFunds2023-05-012024-04-30SC230869ns0:Activity122022-05-012023-04-30SC230869ns0:Activity132023-05-012024-04-30SC230869ns0:TotalUnrestrictedFundsns0:Activity132023-05-012024-04-30SC230869ns0:TotalRestrictedIncomeFundsns0:Activity132023-05-012024-04-30SC230869ns0:Activity132022-05-012023-04-30SC230869ns0:TotalUnrestrictedFunds2023-04-30SC230869ns0:TotalRestrictedIncomeFunds2023-04-30SC230869ns0:TotalUnrestrictedFunds2024-04-30SC230869ns0:TotalRestrictedIncomeFunds2024-04-30SC230869ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-04-30SC230869ns0:TotalRestrictedIncomeFundsns10:WithinOneYear2024-04-30SC230869ns10:WithinOneYear2024-04-30SC230869ns10:WithinOneYear2023-04-30SC23086922023-05-012024-04-30SC23086912023-05-012024-04-30SC23086912022-05-012023-04-30SC230869ns10:OwnedAssets2023-05-012024-04-30SC230869ns10:OwnedAssets2022-05-012023-04-30SC230869ns0:TotalUnrestrictedFunds2022-05-012023-04-30SC230869ns0:TotalRestrictedIncomeFunds2022-05-012023-04-30SC230869ns0:TotalUnrestrictedFundsns0:Activity122022-05-012023-04-30SC230869ns0:Activity12ns0:TotalRestrictedIncomeFunds2022-05-012023-04-30SC230869ns0:TotalUnrestrictedFundsns0:Activity132022-05-012023-04-30SC230869ns0:TotalRestrictedIncomeFundsns0:Activity132022-05-012023-04-30SC230869ns10:LandBuildingsns10:OwnedOrFreeholdAssets2023-04-30SC230869ns10:FurnitureFittings2023-04-30SC230869ns10:LandBuildingsns10:OwnedOrFreeholdAssets2023-05-012024-04-30SC230869ns10:FurnitureFittings2023-05-012024-04-30SC230869ns10:LandBuildingsns10:OwnedOrFreeholdAssets2024-04-30SC230869ns10:FurnitureFittings2024-04-30SC230869ns10:LandBuildingsns10:OwnedOrFreeholdAssets2023-04-30SC230869ns10:FurnitureFittings2023-04-30
REGISTERED COMPANY NUMBER: SC230869 (Scotland)
REGISTERED CHARITY NUMBER: SC033090











Unaudited Financial Statements
for the Year Ended
30 April 2024

for

SANDBANK COMMUNITY DEVELOPMENT TRUST

SANDBANK COMMUNITY DEVELOPMENT TRUST






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5 to 6

Notes to the Financial Statements 7 to 12

SANDBANK COMMUNITY DEVELOPMENT TRUST (REGISTERED NUMBER: SC230869)

Report of the Trustees
for the Year Ended 30 April 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Object and purposes
Object:
The Company has been formed for the public benefit of the Community of Sandbank and the surrounding landward area as defined by the Sandbank Community Council boundaries ("the Community"), with the Purposes listed, to be exercised following the principles of sustainable development (where sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs).
Purposes:
a) The Company's main Purpose is consistent with furthering the achievement of sustainable development.
b) To provide or advance the accessibility of recreational facilities, and/or organizing recreational activities, which will be available to members of the Community and public at large with the object of improving the conditions of life of the Community.
c) Advancement of citizenship or Community development, including rural or urban regeneration.
d) To advance educational opportunities in the Community relating to environment, culture, heritage and/or history.
e) To advance environmental protection or improvement including preservation, sustainable development and conservation of the natural environment, the maintenance, improvement or provision of environmental amenities for the Community and/or the preservation of buildings or sites of architectural, historic or other importance to the Community.

STRATEGIC REPORT
Achievement and performance
SCDT promotes and responds to the needs and interests of the Sandbank community, for the benefit of all its residents. It includes provision of social and community facilities, environmental improvements, preservation of local heritage and support of local business.

Future plans
The charity will continue to support projects which are in line with it's object and purposes.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Sandbank Community Development Trust (SCDT) is a company limited by guarantee and a charity registered in Scotland, controlled and governed by its Memorandum and Articles of Association.

Risk management
The directors have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC230869 (Scotland)


SANDBANK COMMUNITY DEVELOPMENT TRUST (REGISTERED NUMBER: SC230869)

Report of the Trustees
for the Year Ended 30 April 2024

Registered Charity number
SC033090

Registered office
Glenshiel Pier Road
Sandbank
Dunoon
Argyle & Bute
PA23 8QH

Trustees
J Bond
M Lewis
J Maskell (resigned 16.4.24)
G Murray
L Perrett (resigned 13.10.24)
C Segeren (resigned 11.6.24)
S Mizen (resigned 16.4.24)
J Parker
J Parker
P Seale (resigned 1.1.24)
C Taylor (resigned 1.1.24)
S Harvey (appointed 16.4.24)

Company Secretary
P Galliard

Independent Examiner
WDM Associates
Oakfield House
378 Brandon Street
Motherwell
ML1 1XA

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 19 January 2025 and signed on the board's behalf by:





P Galliard - Secretary

Independent Examiner's Report to the Trustees of
Sandbank Community Development Trust

I report on the accounts for the year ended 30 April 2024 set out on pages four to twelve.

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 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) 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 the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 you as 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 view given by the accounts.

Independent examiner's statement
In connection with my examination, no matter has come to my attention :

(1) 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 to comply with Regulation 8 of the 2006 Accounts Regulations

have not been met; or

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








Craig Gibson FCCA
The Association of Chartered Certified Accountants

WDM Associates
Oakfield House
378 Brandon Street
Motherwell
ML1 1XA

19 January 2025

SANDBANK COMMUNITY DEVELOPMENT TRUST

Statement of Financial Activities
for the Year Ended 30 April 2024

2024 2023
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 1,340 3,326 4,666 7,474

Other trading activities 2 698 - 698 797
Investment income 3 1,011 - 1,011 -
Total 3,049 3,326 6,375 8,271

EXPENDITURE ON
Raising funds 4 2,435 - 2,435 555

Charitable activities
Holy Loch Nature Reserve - 2,870 2,870 1,050
Ardnadam Community Park 793 - 793 1,319
Moorings Association 360 - 360 360
CAP - 701 701 -

Other 407 - 407 163
Total 3,995 3,571 7,566 3,447

NET INCOME/(EXPENDITURE) (946 ) (245 ) (1,191 ) 4,824


RECONCILIATION OF FUNDS
Total funds brought forward 21,671 3,528 25,199 20,375

TOTAL FUNDS CARRIED FORWARD 20,725 3,283 24,008 25,199

SANDBANK COMMUNITY DEVELOPMENT TRUST (REGISTERED NUMBER: SC230869)

Balance Sheet
30 April 2024

2024 2023
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 3,987 - 3,987 3,994

CURRENT ASSETS
Cash at bank 16,888 3,283 20,171 21,355

CREDITORS
Amounts falling due within one year 9 (150 ) - (150 ) (150 )

NET CURRENT ASSETS 16,738 3,283 20,021 21,205

TOTAL ASSETS LESS CURRENT
LIABILITIES

20,725

3,283

24,008

25,199

NET ASSETS 20,725 3,283 24,008 25,199
FUNDS 10
Unrestricted funds 20,725 21,671
Restricted funds 3,283 3,528
TOTAL FUNDS 24,008 25,199

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


SANDBANK COMMUNITY DEVELOPMENT TRUST (REGISTERED NUMBER: SC230869)

Balance Sheet - continued
30 April 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 19 January 2025 and were signed on its behalf by:





G Murray - Trustee

SANDBANK COMMUNITY DEVELOPMENT TRUST

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.



Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.


SANDBANK COMMUNITY DEVELOPMENT TRUST

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. OTHER TRADING ACTIVITIES
2024 2023
£    £   
Moorings 448 656
Gala 220 -
Memberships 30 25
Book sales - 116
698 797

3. INVESTMENT INCOME
2024 2023
£    £   
Deposit account interest 1,011 -

4. RAISING FUNDS

Raising donations and legacies
2024 2023
£    £   
Support costs 2,435 555

5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£    £   
Auditors' remuneration 150 150
Depreciation - owned assets 7 8

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2024 nor for the year ended 30 April 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2024 nor for the year ended 30 April 2023.



SANDBANK COMMUNITY DEVELOPMENT TRUST

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2,896 4,578 7,474

Other trading activities 797 - 797
Total 3,693 4,578 8,271

EXPENDITURE ON
Raising funds 555 - 555

Charitable activities
Holy Loch Nature Reserve - 1,050 1,050
Ardnadam Community Park 1,319 - 1,319
Moorings Association 360 - 360

Other 163 - 163
Total 2,397 1,050 3,447

NET INCOME 1,296 3,528 4,824


RECONCILIATION OF FUNDS
Total funds brought forward 20,375 - 20,375

TOTAL FUNDS CARRIED FORWARD 21,671 3,528 25,199

8. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 May 2023 and 30 April 2024 3,960 489 4,449
DEPRECIATION
At 1 May 2023 - 455 455
Charge for year - 7 7
At 30 April 2024 - 462 462
NET BOOK VALUE
At 30 April 2024 3,960 27 3,987
At 30 April 2023 3,960 34 3,994

SANDBANK COMMUNITY DEVELOPMENT TRUST

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accrued expenses 150 150

10. MOVEMENT IN FUNDS
Net
movement At
At 1.5.23 in funds 30.4.24
£    £    £   
Unrestricted funds
General fund 21,671 (946 ) 20,725

Restricted funds
Holy Loch Nature Reserve 3,528 (2,519 ) 1,009
CAP - 1,274 1,274
ACP - 1,000 1,000
3,528 (245 ) 3,283
TOTAL FUNDS 25,199 (1,191 ) 24,008

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 3,049 (3,995 ) (946 )

Restricted funds
Holy Loch Nature Reserve 351 (2,870 ) (2,519 )
CAP 1,975 (701 ) 1,274
ACP 1,000 - 1,000
3,326 (3,571 ) (245 )
TOTAL FUNDS 6,375 (7,566 ) (1,191 )


SANDBANK COMMUNITY DEVELOPMENT TRUST

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

10. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.5.22 in funds 30.4.23
£    £    £   
Unrestricted funds
General fund 20,375 1,296 21,671

Restricted funds
Holy Loch Nature Reserve - 3,528 3,528

TOTAL FUNDS 20,375 4,824 25,199

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 3,693 (2,397 ) 1,296

Restricted funds
Holy Loch Nature Reserve 4,578 (1,050 ) 3,528

TOTAL FUNDS 8,271 (3,447 ) 4,824

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.5.22 in funds 30.4.24
£    £    £   
Unrestricted funds
General fund 20,375 350 20,725

Restricted funds
Holy Loch Nature Reserve - 1,009 1,009
CAP - 1,274 1,274
ACP - 1,000 1,000
- 3,283 3,283
TOTAL FUNDS 20,375 3,633 24,008

SANDBANK COMMUNITY DEVELOPMENT TRUST

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

10. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 6,742 (6,392 ) 350

Restricted funds
Holy Loch Nature Reserve 4,929 (3,920 ) 1,009
CAP 1,975 (701 ) 1,274
ACP 1,000 - 1,000
7,904 (4,621 ) 3,283
TOTAL FUNDS 14,646 (11,013 ) 3,633

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2024.