IRIS Accounts Production v24.3.2.46 Other Company accounts True false Pounds 6.4.23 5.4.24 5.4.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true false true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4609162023-04-05SC4609162024-04-05SC4609162023-04-062024-04-05SC4609162022-04-05SC4609162022-04-062023-04-05SC4609162023-04-05SC460916ns0:CharitableCompanyLimitedByGuarantee2023-04-062024-04-05SC460916ns15:PoundSterling2023-04-062024-04-05SC460916ns11:FRS1022023-04-062024-04-05SC460916ns11:IndependentExaminationCharity2023-04-062024-04-05SC460916ns11:SmallCompaniesRegimeForAccounts2023-04-062024-04-05SC460916ns11:FullAccounts2023-04-062024-04-05SC460916ns11:CharitiesSORP2023-04-062024-04-05SC46091622023-04-062024-04-05SC460916ns16:EnglandWales2023-04-062024-04-05SC460916ns11:RegisteredOffice2023-04-062024-04-05SC460916ns0:Trustee22023-04-062024-04-05SC460916ns0:Trustee32023-04-062024-04-05SC460916ns0:Trustee42023-04-062024-04-05SC460916ns0:Trustee52023-04-062024-04-05SC460916ns0:Trustee12023-04-062024-04-05SC460916ns0:Activity82023-04-062024-04-05SC460916ns0:TotalUnrestrictedFundsns0:Activity82023-04-062024-04-05SC460916ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-062024-04-05SC460916ns0:Activity82022-04-062023-04-05SC460916ns0:Activity92023-04-062024-04-05SC460916ns0:TotalUnrestrictedFundsns0:Activity92023-04-062024-04-05SC460916ns0:Activity9ns0:TotalRestrictedIncomeFunds2023-04-062024-04-05SC460916ns0:Activity92022-04-062023-04-05SC460916ns0:Activity102023-04-062024-04-05SC460916ns0:TotalUnrestrictedFundsns0:Activity102023-04-062024-04-05SC460916ns0:Activity10ns0:TotalRestrictedIncomeFunds2023-04-062024-04-05SC460916ns0:Activity102022-04-062023-04-05SC460916ns0:TotalUnrestrictedFunds2023-04-062024-04-05SC460916ns0:TotalRestrictedIncomeFunds2023-04-062024-04-05SC460916ns0:TotalUnrestrictedFunds2023-04-05SC460916ns0:TotalRestrictedIncomeFunds2023-04-05SC460916ns0:TotalUnrestrictedFunds2024-04-05SC460916ns0:TotalRestrictedIncomeFunds2024-04-05SC460916ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-04-05SC460916ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2024-04-05SC460916ns10:WithinOneYear2024-04-05SC460916ns10:WithinOneYear2023-04-05SC46091622023-04-062024-04-05SC46091632023-04-062024-04-05SC460916ns0:TotalUnrestrictedFundsns0:Activity82022-04-062023-04-05SC460916ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-04-062023-04-05SC460916ns0:TotalUnrestrictedFundsns0:Activity102022-04-062023-04-05SC460916ns0:Activity10ns0:TotalRestrictedIncomeFunds2022-04-062023-04-05SC460916ns0:TotalUnrestrictedFunds2022-04-062023-04-05SC460916ns0:TotalRestrictedIncomeFunds2022-04-062023-04-05
REGISTERED COMPANY NUMBER: SC460916 (Scotland)
REGISTERED CHARITY NUMBER: SCO39478














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024

FOR

SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED

SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024










Page

Report of the Trustees 1 to 5

Independent Examiner's Report 6

Statement of Financial Activities 7

Balance Sheet 8

Notes to the Financial Statements 9 to 14

SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED (REGISTERED NUMBER: SC460916)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 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 5 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).


SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED (REGISTERED NUMBER: SC460916)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024


OBJECTIVES AND ACTIVITIES
Objectives and aims
The company's objects are:-

To protect the environment around, and to promote the culture and heritage of, the districts through which the Stranraer (via Ayr) - Kilmarnock - Gretna Green (via Dumfries) railway line runs and thus support sustainable development. Through community involvement, education and information, the organisation will support the Stranraer (via Ayr) - Kilmarnock - Gretna Green (via Dumfries) railway line by encouraging rail in preference to road travel and will seek to work with appropriate organisations, permitting the railway to play its part in overcoming physical, financial and social barriers to travel and access to employment, healthcare and social facilities including travel on the line itself to see the natural beauty of the landscape often inaccessible by other means.

The company's objects are restricted to those above (but subject to below).

The company may (subject to first obtaining the consent of OSCR and approval of its members) add to, remove or alter the statement of the company's objects; on any occasion when it does so, it must give notice to the Registrar of Companies and the amendment will not be effective until that notice is registered on the Register of Companies.

Powers

In pursuance of the objects listed the company shall have the following powers:-

(a) To promote and develop the Stranraer (via Ayr) - Kilmarnock - Greta Green (via Dumfries) line for passenger and freight traffic in accordance with local, regional and national transportation policies.

To provide a formal mechanism for liaising with the ScotRail franchise holder, Network Rail, other freight and train operating companies, central and local government, groups and individuals interested in the line.

To act as a respected point of contact for local rail travellers.

To work with local community based groups to enhance the ambience of the stations along the rail line.

To work with the franchise operator and local tourism agencies to market the line for visitors through station adoption schemes.

To work with local agencies to allow the rail line to play its part in overcoming barriers to economic and social inclusion.

To assist in improving physical and modal accessibility.

To further heritage-based activities on and along the line.

(b) To carry on any other activities which further any of the above objects.

(c) To promote companies whose activities may further one or more of the above objects or may generate income to support the activities of the company, acquire and hold shares in such companies and carry out, in relation to any such company which is a subsidiary of the company, all such functions as may be associated with a holding company.

(d) To acquire and take over the whole or any part of the undertaking and liabilities of anybody holding property or rights which are suitable for the company's activities.

(e) To purchase, take on lease, hire, or otherwise acquire, any property or rights which are suitable for the company's activities.

f) To improve, manage, develop, or otherwise deal with, all or any part of the property and rights of the company.

SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED (REGISTERED NUMBER: SC460916)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024



(g) To sell, let, hire out, license, or otherwise dispose of, all or any part of the property and rights of the company.

(h) To lend money and give credit (with or without security) and to grant guarantees and issue indemnities.

(i) To borrow money, and to give security in support of any such borrowings by the company, in support of any guarantee issued by the company.

(j) To employee such staff as are considered appropriate for the proper conduct of the company's activities, and to make reasonable provision for the payment of pension and/or other benefits for members of staff, ex members of staff and their dependents.

(k) To engage such consultants and advisers as are considered appropriate from time to time.

(l) To effect insurance of all kinds (which may include officers' liability insurance).

(m) To invest any such funds which are not immediately required for the company's activities in such investments as may be considered appropriate (and to dispose of, and vary, such investments).

(n) To liaise with other voluntary sector bodies, local authorities, UK or Scottish government departments and agencies, and other bodies, all of with a view to furthering the company's objects.

(o) To establish and/or support any other charity, and to make donations for any charitable purpose falling within the company's objects.

(p) To take such steps as may be deemed appropriate for the purpose of raising funds for the company's activities.

(q) To accept grants, donations and legacies of all kinds (and to accept any reasonable conditions attaching to them).

(r) To oppose, or object to, any application or proceedings which may prejudice the company's interests.

(s) To enter into any arrangement with any organisation, government or authority which may be advantageous for the purposes of the activities of the company, and to enter into any arrangement for co-operation or mutual assistance with any charity.

(t) To do anything which may be incidental or conducive to the furtherance of any of the company's objects.

Restrictions on use of the company's assets

(a) The income and property of the company shall be applied solely towards promoting the company's objects.

(b) No part of the income or property of the company shall be paid or transferred (directly or indirectly) to the members of the company, whether by way of dividend, bonus or otherwise.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
During the period to 5 April 2024 work on a carpark at Barrhill station was completed.

The second project is the development of two vacant rooms at Girvan station to be brought back into community use.

FINANCIAL REVIEW
Financial position
At 5 April 2024, unrestricted funds had a balance of £581.


SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED (REGISTERED NUMBER: SC460916)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024


FINANCIAL REVIEW
Principal funding sources
The charity had no funding sources during the financial year.

Reserves policy
As at 5 April 2024 unrestricted funds amounted to £581 (2023: £2,020). The aim of the charity is to maintain reserves sufficient to meet its future obligations.

FUTURE PLANS
The charity hopes to continue with its activities in accordance with its constitution.

The freight project is being actioned by Transport Scotland as part of the South West Scotland Transport Study and the charity will continue to be active in this area.

We hope that the development of two vacant rooms at Girvan station will be progressed in conjunction with the community.

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.

Recruitment and appointment of new trustees
The company Members elect the Trustees, who are also the directors for the purposes of company law. The maximum number of directors is 12.

Election, retiral, re-election

At each annual general meeting, the members may (subject to the maximum number of directors being 12) elect any member (providing he/she is willing to act) to be a director.

The directors (except those nominated by organisations below) may at any time appoint any member to be a director.

A member which is a corporate body may nominate any individual for election/appointment as a director; he/she will then be deemed to be a member of the company.

No more than one individual nominated by each corporate member may serve as a director at any given time.

At each annual general meeting, all of the directors (other than any director appointed by the organisations below) shall retire from office - but shall then be eligible for re-election.

Dumfries and Galloway Council, ScotRail, South Ayrshire Council, Strathclyde Partnership for Transport of SWestrans shall be entitled to nominate any person to serve as a director; the directors shall, at the directors' meeting, which follows receipt of any such notice, appoint the individual named in the notice as a director with immediate effect.

Induction and training of new trustees
New trustees undergo an appropriate induction programme to brief them on their obligations under charity and company law and the financial performance of the company.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC460916 (Scotland)

Registered Charity number
SCO39478

SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED (REGISTERED NUMBER: SC460916)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024


Registered office
Girvan Railway Station
Vicarton Street
Girvan
KA26 9JF

Trustees
Dr M L McKenna
P Henderson
G Peacock
J Heslop
K Johnstone

Independent Examiner
Galbraith Pritchards
20 Barns Street
Ayr
Ayrshire
KA7 1XA

TRUSTEES' RESPONSIBILITY STATEMENT
The trustees (who are also the directors of South West Scotland Community Rail Partnership LImited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-select suitable accounting policies and then apply them consistently;
-observe the methods and principles in the Charity SORP;
-make judgements and estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 7 March 2025 and signed on its behalf by:





K Johnstone - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED



I report on the accounts for the year ended 5 April 2024 set out on pages seven to fourteen.

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.








Marguerite Roos
The Institute of Chartered Accountants of Scotland

Galbraith Pritchards
20 Barns Street
Ayr
Ayrshire
KA7 1XA

19 March 2025

SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2024

5/4/24 5/4/23
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Charitable activities 2
Grants - - - 41,482

EXPENDITURE ON
Charitable activities 3
Support costs 1,439 - 1,439 -
Promotion and support of Stranraer to Ayr railway line
-

-

-

58,091
Total 1,439 - 1,439 58,091

NET INCOME/(EXPENDITURE) (1,439 ) - (1,439 ) (16,609 )


RECONCILIATION OF FUNDS
Total funds brought forward 2,020 - 2,020 18,629

TOTAL FUNDS CARRIED FORWARD 581 - 581 2,020

SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED (REGISTERED NUMBER: SC460916)

BALANCE SHEET
5 APRIL 2024

5/4/24 5/4/23
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
CURRENT ASSETS
Cash at bank 1,035 - 1,035 56,738

CREDITORS
Amounts falling due within one year 8 (454 ) - (454 ) (54,718 )

NET CURRENT ASSETS 581 - 581 2,020

TOTAL ASSETS LESS CURRENT
LIABILITIES

581

-

581

2,020

NET ASSETS 581 - 581 2,020
FUNDS 9
Unrestricted funds 581 2,020
TOTAL FUNDS 581 2,020

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 5 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.

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 7 March 2025 and were signed on its behalf by:





K Johnstone - Trustee

SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 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.

The Trustees consider that there are no material uncertainties about the company's ability to continue as a going concern.

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.

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.

FINANCIAL INSTRUMENTS
The charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.


SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024


2. INCOME FROM CHARITABLE ACTIVITIES
5/4/24 5/4/23
Activity £    £   
Grants Grants - 41,482

Grants received, included in the above, are as follows:
5/4/24 5/4/23
£    £   
Scotrail - 1,482
Carrick Futures - 20,000
Kilgallioch - 20,000
- 41,482

3. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 4) note 5) Totals
£    £    £   
Support costs 1,007 432 1,439

4. DIRECT COSTS OF CHARITABLE ACTIVITIES
5/4/24 5/4/23
£    £   
Sundries 180 372
Project administration 793 3,399
Travel and subsistence - 321
Barrhill car park costs - 53,459
Confirmation statements 34 -
1,007 57,551

5. SUPPORT COSTS
Governance
Finance costs Totals
£    £    £   
Support costs 12 420 432

SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024



6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 5 April 2024 nor for the year ended 5 April 2023.


TRUSTEES' EXPENSES

There were no trustees' expenses paid for the year ended 5 April 2024 nor for the year ended 5 April 2023.


7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Charitable activities
Grants 1,482 40,000 41,482

EXPENDITURE ON
Charitable activities
Promotion and support of Stranraer to Ayr railway line
(1,909

)

60,000

58,091

NET INCOME/(EXPENDITURE) 3,391 (20,000 ) (16,609 )


RECONCILIATION OF FUNDS
Total funds brought forward (1,371 ) 20,000 18,629

TOTAL FUNDS CARRIED FORWARD 2,020 - 2,020


SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5/4/24 5/4/23
£    £   
Trade creditors - 53,459
Accrued expenses 454 1,259
454 54,718

9. MOVEMENT IN FUNDS
Net
movement At
At 6/4/23 in funds 5/4/24
£    £    £   
Unrestricted funds
General fund 2,020 (1,439 ) 581

TOTAL FUNDS 2,020 (1,439 ) 581

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund - (1,439 ) (1,439 )

TOTAL FUNDS - (1,439 ) (1,439 )


Comparatives for movement in funds

Net
movement At
At 6/4/22 in funds 5/4/23
£    £    £   
Unrestricted funds
General fund (1,371 ) 3,391 2,020

Restricted funds
Barrhill Carpark Fund 20,000 (20,000 ) -

TOTAL FUNDS 18,629 (16,609 ) 2,020

SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024


9. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 1,482 1,909 3,391

Restricted funds
Barrhill Carpark Fund 40,000 (60,000 ) (20,000 )

TOTAL FUNDS 41,482 (58,091 ) (16,609 )

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

Net
movement At
At 6/4/22 in funds 5/4/24
£    £    £   
Unrestricted funds
General fund (1,371 ) 1,952 581

Restricted funds
Barrhill Carpark Fund 20,000 (20,000 ) -

TOTAL FUNDS 18,629 (18,048 ) 581

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 1,482 470 1,952

Restricted funds
Barrhill Carpark Fund 40,000 (60,000 ) (20,000 )

TOTAL FUNDS 41,482 (59,530 ) (18,048 )


SOUTH WEST SCOTLAND COMMUNITY RAIL
PARTNERSHIP LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024


10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 5 April 2024.

11. ULTIMATE CONTROLLING PARTY

In the opinion of the Trustees, there is no ultimate controlling party.