| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| REPORT OF THE TRUSTEES AND |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| FOR |
| THE LANGHOLM ALLIANCE |
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| REPORT OF THE TRUSTEES AND |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| FOR |
| THE LANGHOLM ALLIANCE |
| THE LANGHOLM ALLIANCE |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| Page |
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 15 |
| THE LANGHOLM ALLIANCE (REGISTERED NUMBER: SC653128) |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 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 31st March 2025. 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 principal objectives of the charity are: |
| (a) to benefit the community of Langholm and District comprising the area within the boundaries of Langholm, Ewes and Westerkirk Community Council in the postcode district of DG13 (“the community”) through: |
| - i the advancement of health, |
| - ii the advancement of community development, |
| - iii the advancement of the arts, heritage, culture and science, |
| - iv the provision of recreational facilities or the organisation of recreational activities with the object of improving the conditions of life for the person for whom the facilities or activities are primarily intended, |
| - v the advancement of environmental protection or improvement, |
| - vi any other purpose that may be reasonably regarded as analogous to any of the preceding purposes, and |
| (b) to promote such similar charitable purposes, objects or institutions in such proportions and manner as the Trustees shall think fit. |
| ACHIEVEMENTS AND PERFORMANCE |
| Charitable activities |
| Initially, the Langholm Alliance came together as an umbrella group of people and organisations with a drive to improve the Langholm and surrounding areas. The purpose of the Alliance, a community body, was identified as being an organisation supporting local groups and individuals in delivering their own projects rather than being the organisation to deliver the projects. However the role of the Langholm Alliance has evolved to reflect the changing needs and circumstances of our communities and the prevailing economic climate and now delivers its own projects when required. In 2024/25 these have included a Careers fair for Langholm and district young people, health and social welfare programmes, the development of Langholm Ewes and Westerkirk Place Plan and responding to the housing crisis through the ongoing acquisition and development of Langholm old school site into affordable housing and a community hub. Our vision remains the same, to make Langholm a better place for people to stay, work and visit. |
| The announcement by South of Scotland Enterprise (SOSE) our main funder, that their support would cease as of March 2025 has led the Langholm Alliance to seek funding elsewhere and we have been successful in securing medium term funding to continue our work. |
| The initial DECBG funding for the Explore and Discover project is now also complete. |
| We continue to work on our major project of acquiring and re-purposing the old Langholm Primary School building which has not been in use for several years. Due to circumstances outwith our control this has been a slow process. As with all projects of this type, the strategy continues to develop as we deal with obstacles and challenges as they arise. |
| THE LANGHOLM ALLIANCE (REGISTERED NUMBER: SC653128) |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| FINANCIAL REVIEW |
| Financial position |
| During the year, income of £59,087 was received. Expenditure totalled £55,773. Total reserves at 31st March 2025 stood at £30,811 of which £818 relates to unrestricted funds. |
| At the start of the 2024/25 year we had received funding for a number of projects that had either not started or were part complete. A number of these projects are now complete. |
| Reserves policy |
| The net current assets held within the unrestricted fund at 31st March 2025 amounted to £818. |
| The agreed purpose for the Alliance of supporting delivery of projects means that the vast majority of external funding will be either for resources to assist other organisations in delivering projects or for direct funding for a project. As a result almost all funding will be restricted in nature. |
| The Board will ensure that all projects (or part projects) being supported have sufficient funding at the outset and will ensure sufficient ongoing reserves for each project to achieve completion. |
| Going concern |
| The Charity has received significant medium term financial commitment from 3 major funders and another smaller commitment from another funder. Individual projects receive separate financial support. The Trustees are of the opinion that there will be sufficient funds to withstand the challenges faced in the forthcoming financial year. |
| FUTURE PLANS |
| Work on the Old School project continues as we look to the most appropriate solution for development of the site following acquisition from DGC to provide much needed affordable housing. |
| As well as the Old School project a Place plan for Langholm, Ewes and Westerkirk is being worked on with, DGC and local groups. In addition Alliance staff have supported the production of Canonbie's Place Plan at the request of DGC. |
| Our health and social care programmes have been well received both within our communities and further afield and we will continue these in the next financial year. A men's health programme will be delivered which will include prostate cancer testing. |
| A further careers fair and mock interview programme will be delivered. |
| Funding will continue to be sought for smaller one-off projects which will be delivered by the Alliance to the benefit of the local community. These are generally projects where there is no existing group in place to deliver them. |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Governing document |
| The Company is controlled by its Articles of Association, and is incorporated as a private company limited by guarantee (SC653128), as defined by Companies Act 2006. The company is also registered as a Charity and regulated by the Scottish Charity Regulator, OSCR. |
| Recruitment and appointment of new trustees |
| New Trustees can be appointed at anytime. Trustees are appointed based on the expertise they can bring to the board and the projects it supports or hopes to support. |
| THE LANGHOLM ALLIANCE (REGISTERED NUMBER: SC653128) |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| Trustees |
| Independent Examiner |
| JRW Hogg & Thorburn LLP |
| Chartered Accountants |
| 19 Buccleuch Street |
| Hawick |
| Roxburghshire |
| TD9 0HL |
| Approved by order of the board of trustees on |
| INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
| THE LANGHOLM ALLIANCE |
| I report on the accounts for the year ended 31st March 2025 set out on pages five to fifteen. |
| 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. |
| Joanne Gibson |
| The Institute of Chartered Accountants of Scotland |
| JRW Hogg & Thorburn LLP |
| Chartered Accountants |
| 19 Buccleuch Street |
| Hawick |
| Roxburghshire |
| TD9 0HL |
| 17th December 2025 |
| THE LANGHOLM ALLIANCE |
| STATEMENT OF FINANCIAL ACTIVITIES |
| (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 2025 | 2024 |
| Unrestricted | Restricted | Total | Total |
| fund | funds | funds | funds |
| Notes | £ | £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies | 2 |
| Charitable activities | 4 |
| Other trading activities | 3 |
| Total |
| EXPENDITURE ON |
| Charitable activities | 5 |
| NET INCOME/(EXPENDITURE) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 27,497 |
| THE LANGHOLM ALLIANCE (REGISTERED NUMBER: SC653128) |
| BALANCE SHEET |
| 31ST MARCH 2025 |
| 2025 | 2024 |
| Unrestricted | Restricted | Total | Total |
| fund | funds | funds | funds |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 12 |
| CURRENT ASSETS |
| Debtors | 13 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 14 | ( |
) | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 15 |
| Unrestricted funds | 818 |
| Restricted funds | 26,679 |
| TOTAL FUNDS | 27,497 |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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. |
| THE LANGHOLM ALLIANCE (REGISTERED NUMBER: SC653128) |
| BALANCE SHEET - continued |
| 31ST MARCH 2025 |
| 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 LANGHOLM ALLIANCE |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 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. |
| Going concern assessment |
| The Charity has received significant medium term financial commitment from 3 major funders and another smaller commitment from another funder. Individual projects receive separate financial support. The Trustees are of the opinion that there will be sufficient funds to withstand the challenges faced in the forthcoming financial year. |
| 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. |
| Income from government and other grants, whether 'capital' or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. |
| 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. |
| THE LANGHOLM ALLIANCE |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 1. | ACCOUNTING POLICIES - continued |
| Fund accounting |
| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
| 2. | DONATIONS AND LEGACIES |
| 2025 | 2024 |
| £ | £ |
| Donations and grants |
| 3. | OTHER TRADING ACTIVITIES |
| 2025 | 2024 |
| £ | £ |
| Rent | - | 522 |
| 4. | INCOME FROM CHARITABLE ACTIVITIES |
| 2025 | 2024 |
| Activity | £ | £ |
| Project grants | Steering group | 41,048 | 66,224 |
| Grants received, included in the above, are as follows: |
| 2025 | 2024 |
| £ | £ |
| South of Scotland Enterprise | 41,048 | 40,000 |
| Dumfries East Community Benefit Group | - | 10,000 |
| Dumfries & Galloway Council | - | 16,224 |
| 41,048 | 66,224 |
| THE LANGHOLM ALLIANCE |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 5. | CHARITABLE ACTIVITIES COSTS |
| Direct | Support |
| Costs (see | costs (see |
| note 6) | note 7) | Totals |
| £ | £ | £ |
| Steering group | 49,360 | 6,413 | 55,773 |
| 6. | DIRECT COSTS OF CHARITABLE ACTIVITIES |
| 2025 | 2024 |
| £ | £ |
| Staff costs | 31,954 | 41,995 |
| Consultancy | 3,382 | 25,925 |
| Website costs | - | 100 |
| Other costs | 2,822 | 4,322 |
| Printing and visual design | - | 3,416 |
| Event costs | 1,758 | 1,429 |
| Project officer costs | 6,530 | 9,444 |
| Depreciation | 2,914 | 2,914 |
| 49,360 | 89,545 |
| 7. | SUPPORT COSTS |
| Governance |
| Management | Finance | costs | Totals |
| £ | £ | £ | £ |
| Steering group | 2,936 | 100 | 3,377 | 6,413 |
| Support costs, included in the above, are as follows: |
| 2025 | 2024 |
| Steering | Total |
| group | activities |
| £ | £ |
| Rent | 520 | 1,670 |
| Rates and water | - | 37 |
| Insurance | 389 | 389 |
| Light and heat | - | 1,052 |
| Postage and stationery | 119 | 47 |
| Other office and IT costs | 1,908 | 2,287 |
| Bank charges | 100 | 92 |
| Accountancy | 3,377 | 2,220 |
| 6,413 | 7,794 |
| THE LANGHOLM ALLIANCE |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 8. | NET INCOME/(EXPENDITURE) |
| Net income/(expenditure) is stated after charging/(crediting): |
| 2025 | 2024 |
| £ | £ |
| Depreciation - owned assets |
| Other operating leases | 520 | 1,670 |
| 9. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the year ended 31st March 2025 nor for the year ended 31st March 2024. |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 31st March 2025 nor for the year ended 31st March 2024. |
| 10. | STAFF COSTS |
| 2025 | 2024 |
| £ | £ |
| Wages and salaries |
| Other pension costs |
| 31,954 | 41,995 |
| The average monthly number of employees during the year was as follows: |
| 2025 | 2024 |
| Project staff |
| THE LANGHOLM ALLIANCE |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 11. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted | Restricted | Total |
| fund | funds | funds |
| £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies | ( |
) |
| Charitable activities |
| Other trading activities | ( |
) |
| Total |
| EXPENDITURE ON |
| Charitable activities |
| NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward | 775 | 53,481 |
| TOTAL FUNDS CARRIED FORWARD |
818 |
26,679 |
27,497 |
| 12. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| £ |
| COST |
| At 1st April 2024 and 31st March 2025 |
| DEPRECIATION |
| At 1st April 2024 |
| Charge for year |
| At 31st March 2025 |
| NET BOOK VALUE |
| At 31st March 2025 |
| At 31st March 2024 |
| THE LANGHOLM ALLIANCE |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 13. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| 14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Social security and other taxes |
| Accrued expenses |
| 15. | MOVEMENT IN FUNDS |
| Net | Transfers |
| movement | between | At |
| At 1.4.24 | in funds | funds | 31.3.25 |
| £ | £ | £ | £ |
| Unrestricted funds |
| General fund | 818 | - | - | 818 |
| Restricted funds |
| General restricted funds | 25,689 | (8,476 | ) | (2,545 | ) | 14,668 |
| Project assistant | (1,163 | ) | - | 1,163 | - |
| Explore langholm and eskdale: tourism development |
1,876 |
(153 |
) |
(1,723 |
) |
- |
| Langholm primary | 277 | (3,382 | ) | 3,105 | - |
| Profile Officer | - | 10,000 | - | 10,000 |
| Man2Man | - | 2,930 | - | 2,930 |
| Hot Flash Cafe | - | 2,395 | - | 2,395 |
| 3,314 |
| TOTAL FUNDS | 3,314 | 30,811 |
| THE LANGHOLM ALLIANCE |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 15. | MOVEMENT IN FUNDS - continued |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Restricted funds |
| General restricted funds | 41,048 | (49,524 | ) | (8,476 | ) |
| Explore langholm and eskdale: tourism development |
(1 |
) |
(152 |
) |
(153 |
) |
| Langholm primary | - | (3,382 | ) | (3,382 | ) |
| Profile Officer | 10,000 | - | 10,000 |
| Man2Man | 2,930 | - | 2,930 |
| Hot Flash Cafe | 5,110 | (2,715 | ) | 2,395 |
| ( |
) | 3,314 |
| TOTAL FUNDS | ( |
) | 3,314 |
| Comparatives for movement in funds |
| Net | Transfers |
| movement | between | At |
| At 1.4.23 | in funds | funds | 31.3.24 |
| £ | £ | £ | £ |
| Unrestricted funds |
| General fund | 775 | 43 | - | 818 |
| Restricted funds |
| General restricted funds | 39,695 | (11,267 | ) | (2,739 | ) | 25,689 |
| Project assistant | 2,281 | (3,444 | ) | - | (1,163 | ) |
| Explore langholm and eskdale: tourism development |
10,266 |
(8,390 |
) |
- |
1,876 |
| Langholm primary | - | (3,701 | ) | 3,978 | 277 |
| Armstrong event | 1,239 | - | (1,239 | ) | - |
| 53,481 | (26,802 | ) | - | 26,679 |
| TOTAL FUNDS | 54,256 | (26,759 | ) | - | 27,497 |
| THE LANGHOLM ALLIANCE |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 15. | 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 | 522 | (479 | ) | 43 |
| Restricted funds |
| General restricted funds | 29,450 | (40,717 | ) | (11,267 | ) |
| Project assistant | 6,000 | (9,444 | ) | (3,444 | ) |
| Explore langholm and eskdale: tourism development |
12,384 |
(20,774 |
) |
(8,390 |
) |
| Langholm primary | 22,224 | (25,925 | ) | (3,701 | ) |
| 70,058 | (96,860 | ) | (26,802 | ) |
| TOTAL FUNDS | 70,580 | (97,339 | ) | (26,759 | ) |
| The restricted funds detailed above relate to grants received in respect of steering group projects. |
| 16. | RELATED PARTY DISCLOSURES |