| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Unaudited Financial Statements |
| for the Year Ended 31 August 2024 |
| for |
| The Mure Hall Company |
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Unaudited Financial Statements |
| for the Year Ended 31 August 2024 |
| for |
| The Mure Hall Company |
| The Mure Hall Company |
| Contents of the Financial Statements |
| for the Year Ended 31 August 2024 |
| Page |
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 | to | 10 |
| The Mure Hall Company (Registered number: SC217179) |
| Report of the Trustees |
| for the Year Ended 31 August 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 31 August 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 |
| Objectives and aims |
| The primary objectives of the Mure Hall Company are: |
| - To manage the premises for the benefit of the community of Uplawmoor |
| - To promote and facilitate the use of the hall for educational, social welfare, health, recreation, leisure and similar purposes |
| - To encourage the association and co-operation of the community, voluntary organisations and local authorities in developing the use of the hall |
| ACHIEVEMENT AND PERFORMANCE |
| Charitable activities |
| The Mure Hall Company continued its charitable activities throughout the period through the lease of the Mure Hall from East Renfrewshire Council. |
| The Mure Hall is used for the normal range of activities associated with the operation of a community facility including regular lets to village organisations supplemented by a number of individual functions. The building also houses the Council's library service.All these aspects are seen as indicators that the company continued to achieve its objectives in the period. |
| Financially, the Trust is sound and able to take care of its responsibilities for the interior decoration and furnishing of the hall. |
| FINANCIAL REVIEW |
| Principal funding sources |
| The main source of revenue for the company is letting income. |
| Reserves policy |
| The trustees have carried out a review of the charity's activities and the risks to which it is exposed. The trustees monitor progress of the charity at bi monthly meetings. The long term operation of the Mure Hall is dependent upon funding from the local community. |
| FUTURE PLANS |
| The establishment of the East Renfrewshire Culture & Leisure Trust (ERCL) to manage the Council's community properties has had little impact on the company to date. However the provision of hall keepers and maintenance of the shell of the building remain a concern. |
| The terms of the lease agreement require the Council to provide hall keeper staff to be responsible for the hall lets and regular cleaning. Staff cutbacks and an inability on the part of the ERCL to supply a hall keeper for some lets has resulted, on occasions, in volunteers having to stand in for ERCL employees. |
| It is comforting to know that we have the protection of our lease from ERC which has been acknowledged by the ERC Chief Executive as a legally binding document. |
| 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. |
| The Mure Hall Company (Registered number: SC217179) |
| Report of the Trustees |
| for the Year Ended 31 August 2024 |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Recruitment and appointment of new trustees |
| The appointment, removal, power and duties of the trustees are as set out in the articles of association. |
| Organisational structure |
| The activities of the organisation have been managed by the trustees meeting as a body. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| Trustees |
| Company Secretary |
| Independent Examiner |
| Louise Broadbent ACCA |
| 1 Ben Arthur Place |
| Lochgoilhead |
| Argyll |
| PA24 8AA |
| Approved by order of the board of trustees on |
| Independent Examiner's Report to the Trustees of |
| The Mure Hall Company |
| I report on the accounts for the year ended 31 August 2024 set out on pages four to ten. |
| 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. |
| Louise Broadbent ACCA |
| The Association of Chartered Certified Accountants |
| Louise Broadbent ACCA |
| 1 Ben Arthur Place |
| Lochgoilhead |
| Argyll |
| PA24 8AA |
| 23 May 2025 |
| The Mure Hall Company |
| Statement of Financial Activities |
| for the Year Ended 31 August 2024 |
| 31.8.24 | 31.8.23 |
| Unrestricted | Total |
| fund | funds |
| Notes | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Charitable activities |
| Other trading activities | 2 |
| Investment income | 3 |
| Total |
| EXPENDITURE ON |
| Charitable activities |
| NET INCOME |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 65,417 |
| The Mure Hall Company (Registered number: SC217179) |
| Balance Sheet |
| 31 August 2024 |
| 31.8.24 | 31.8.23 |
| Unrestricted | Total |
| fund | funds |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 8 |
| Cash at bank |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 9 |
| Unrestricted funds | 65,417 |
| TOTAL FUNDS | 65,417 |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 |
| The Mure Hall Company |
| Notes to the Financial Statements |
| for the Year Ended 31 August 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. |
| Plant and machinery | - |
| 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. |
| 2. | OTHER TRADING ACTIVITIES |
| 31.8.24 | 31.8.23 |
| £ | £ |
| Sundry income | - | 35 |
| The Mure Hall Company |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2024 |
| 3. | INVESTMENT INCOME |
| 31.8.24 | 31.8.23 |
| £ | £ |
| Deposit account interest |
| 4. | NET INCOME/(EXPENDITURE) |
| Net income/(expenditure) is stated after charging/(crediting): |
| 31.8.24 | 31.8.23 |
| £ | £ |
| Depreciation - owned assets |
| 5. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023. |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023. |
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted |
| fund |
| £ |
| INCOME AND ENDOWMENTS FROM |
| Charitable activities |
| Other trading activities |
| Investment income |
| Total |
| EXPENDITURE ON |
| Charitable activities |
| NET INCOME |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 65,417 |
| The Mure Hall Company |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2024 |
| 7. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| £ |
| COST |
| At 1 September 2023 and 31 August 2024 |
| DEPRECIATION |
| At 1 September 2023 and 31 August 2024 |
| NET BOOK VALUE |
| At 31 August 2024 |
| At 31 August 2023 |
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.24 | 31.8.23 |
| £ | £ |
| Trade debtors |
| 9. | MOVEMENT IN FUNDS |
| Net |
| movement | At |
| At 1.9.23 | in funds | 31.8.24 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 65,417 | 4,671 | 70,088 |
| TOTAL FUNDS | 4,671 | 70,088 |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 5,873 | (1,202 | ) | 4,671 |
| TOTAL FUNDS | ( |
) | 4,671 |
| The Mure Hall Company |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2024 |
| 9. | MOVEMENT IN FUNDS - continued |
| Comparatives for movement in funds |
| Net |
| movement | At |
| At 1.9.22 | in funds | 31.8.23 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 62,172 | 3,245 | 65,417 |
| TOTAL FUNDS | 62,172 | 3,245 | 65,417 |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 4,795 | (1,550 | ) | 3,245 |
| TOTAL FUNDS | 4,795 | (1,550 | ) | 3,245 |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net |
| movement | At |
| At 1.9.22 | in funds | 31.8.24 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 62,172 | 7,916 | 70,088 |
| TOTAL FUNDS | 62,172 | 7,916 | 70,088 |
| 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 | 10,668 | (2,752 | ) | 7,916 |
| TOTAL FUNDS | 10,668 | (2,752 | ) | 7,916 |
| The Mure Hall Company |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2024 |
| 10. | RELATED PARTY DISCLOSURES |