Milngavie Community Development Trust

	Page
Reference and Administrative Details	1
Trustees' Report	2—4
Independent Examiner's Report	5
Statement of Financial Activities (including Income and Expenditure Account)	6
Comparative Statement of Financial Activities (including Income and Expenditure Account)	7
Balance Sheet	8
Notes to the Financial Statements	9—12

The trustees present their report and the financial statements for the year ended 31 March 2026.

Objectives and Activities

Aims and Objectives

The charitable purposes and objects of Milngavie Community Development Trust (MCDT) are:

The advancement of citizenship or community development.
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.
The advancement of environmental protection or improvement. The relief of those in need by reason of age, ill health, disability, financial hardship or other disadvantage.

Public Benefit

The trustees have given due regard to the Office of the Scottish Charity Regulator (OSCR)’s guidance on public benefit

Donated facilities and services

Volunteers have aided in the continuing development of our work to achieve the priorities identified in the Community Action Plan. The Directors, who are themselves volunteers, very much appreciate the valuable contribution our volunteers make across what is a very challenging set of priorities.

Achievements and Performance

Main Achievements

Milngavie Week was held again in June 2025 starting with the Classic Car Show in the precinct and ending with the Highland Games at the rugby ground. 80 other events were held, mostly organised by voluntary groups. MCDT organised a Kids’ Treasure Hunt in the precinct, and a Senior Citizens Bus Trip to Lomond shores (finishing with tea and cakes at Waitrose). Our stall at the Car Show and Highland Games features a Cornhole event for kids and has become a particular attraction. Now regular events such as Spot the Error, Photography Competition, Primary Six Art Competition, Flash Fiction Competition. The publicity, including a programme of events, is compensated for by paid adverts (several of which have to be chased up!) in the programme and successful bids for grants.

The Community Orchard on the upper level of Lennox Park continues to be well cared for, with two wooden benches and information boards, and has also become a place of solitude on the wooden benches inside the hawthorn hedge. We have now added five raised food-growing beds. Three have herbs and flowers and two have fruit (strawberries and raspberries).

Work at the CE Centre Pond is now complete. The pond has moved from looking man-made to being natural. There are five carved wooden benches replacing plain concrete ones, and a larger swan island. Information banners will be erected next.

We continue to collaborate with volunteer groups and EDC Streetscene Department to improve facilities at Lennox Park. Work is almost complete, awaiting information boards and wild flower planting. We remain disappointed that no progress can be made with the unusable blaes football pitch, due to lack of funding from EDC and difficult access.

Our plans to extract energy from the River Allander are on hold, though applications for funding and planning consent have been submitted.

MCDT representatives play a full part in the quarterly Milngavie Umbrella Group meetings where local organisations work together with EDC officers for an exchange of views and news.

Our second Community Action Plan 2024-2029 is distributed to interested individuals and its priorities, based on community suggestions, outline what we aim to do to enhanced Milngavie as a community. A copy is available on request from info@milngaviedt.co.uk.

FUTURE PLANS

Milngavie Week was held in June 2026 and was recognised as the tenth anniversary of its revival. Indeed Susan Murray MP submitted an “Early Day Motion” to the House of Commons to recognised the work done by MCDT. There were over eighty events and the Library, Charlies’ Loft and Gavin’s Mill held several each.

We continue to make applications to grant organisations to fund our priority projects. This can be frustrating and time-consuming but we put the effort in to ensure there is funding for our priority projects.

We held our first Milngavie Repair Café in June 2026 in St Joseph’s Church Hall. We did not know if “Build it and they will Come” would apply and all were delighted at the success of this first venture. Directors had visited other repair cafes and we recruited a team of repairers – electrical, DIY, textiles and fabrics, DIY, bicycle. Around 24 visitors came to see if we could fix their items.

...CONTINUED

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Milngavie Community Development Trust

Trustees' Report (continued)

For The Year Ended 31 March 2026

FUTURE PLANS - continued

And tea/coffee, biscuits and sandwiches were on hand while people waited. We have already recruited more fixers and members and aim to hold the next one in early October.

The next Fair of Clubs and Societies will be held in the Town Hall in September with 24 stalls available for volunteer community groups.

Maintenance of the pond surrounds and rose bed, the orchard and raised beds, and other parts of Milngavie continue as we work with local groups to make the most of Milngavie.

Financial Review

Financial Position

The total income for the year was £4,993 (2025: £19,138) with the main income coming from donations. Expenditure totalling £6,070 (2025: £23,848) was made, with the main expenditure being on printing and advertising.

Reserves Policy

At the Balance Sheet date, the unrestricted reserves stand at £11,672 (2025: £13,400). Currently the trustees have no formal reserves policy in place, but recognise the importance of having sufficient reserve funds to continue the activities of the organisation.

Principal risks

The Directors are aware of their responsibilities for safeguarding the charity’s assets. They regularly consider the factors that can affect income and expenditure. The trustees have a duty to seek out suitable sources of income generation and to ensure that they accumulate funds for reserves to meet their legal requirements for creditors. Much of this has come from successful application for grants for specific projects and from income resulting from advertisements of local businesses that appear in the Milngavie Week Programme. The Directors regularly review the risks to which the charity is exposed. They do not consider that there are any substantial risks beyond the liabilities disclosed in the financial statements. The charity has no employees. It holds both public liability and professional indemnity insurance policies. The approach thus far in terms of taking on built and other assets has been one of financial prudence and caution. The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

Structure, Governance and Management

Governing Document

Milngavie Community Development Trust is a charitable company limited by guarantee and not having a share capital. It was incorporated as a company on the 1st April 2016 and gained charitable status on the 22nd June 2017. The company is governed by its Memorandum and Articles of Association.

Trustee Selection Methods

Trustees (Directors) retire at each annual general meeting (AGM) but are eligible for re-election. The Directors may co-opt other Directors between AGMs. The Articles of Association provide for a minimum of 5 and a maximum of 15 Directors. Member Directors are those who meet the residential criteria and Co-opted Directors are those who are judged by the Board of Directors to have a significant contribution to make in terms of representing a body which the company has a close connection with or has a specialist experience or skills which could be of assistance to the Directors. The majority of Directors must be Member Directors. Members of MCDT are those who have applied for membership in writing (including email) and are accepted at a meeting of Directors. Directors aim to keep in contact with members through invitations to meetings of members and through social media such as dedicated email, its Facebook page, and its website.

Directors Meetings

The Directors meet regularly to review the various projects undertaken together with the planning of future strategies of the charity and to monitor progress both financial and in terms of successful delivery of activities.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

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Milngavie Community Development Trust

Trustees' Report (continued)

For The Year Ended 31 March 2026

The trustees' report was approved by the board of trustees and signed on its behalf by:

N Scott Trustee	W Blakey Trustee
09/08/2026

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Milngavie Community Development Trust

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

For The Year Ended 31 March 2026

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

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026.

Responsibilities and Basis of Report

As the charity trustees of the Company (and also its directors for the purposes of company law), you 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 trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 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.

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. 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 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 I do not express an audit opinion on the view given by the accounts.

Independent Examiner's Statement

Since the Charity has prepared its accounts on an accruals basis and is registered in Scotland your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotland) Regulations 2006 (as amended). I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants of Scotland, which is one of the listed bodies.

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:
- to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
- to prepare accounts which accord with the accounting records and comply with Regulation 8 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.

Jamie Fitzpatrick CA

11/08/2026

60 Falkirk Road
Larbert
Stirlingshire
FK5 3AH

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Milngavie Community Development Trust

Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 March 2026

Statement of Financial Activities (including Income and Expenditure Account)

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	-	2,690	2,690	16,340
Other trading activities	4	2,303	-	2,303	2,798

		2,303	2,690	4,993	19,138

EXPENDITURE ON:
Raising funds	5	(4,031 )	(2,039 )	(6,070 )	(23,849 )

NET EXPENDITURE		(1,728 )	651	(1,077 )	(4,711 )


NET MOVEMENT IN FUNDS		(1,728 )	651	(1,077 )	(4,711 )
RECONCILIATION OF FUNDS:
Total funds brought forward		13,400	1,750	15,150	19,861

TOTAL FUNDS CARRIED FORWARD	11	11,672	2,401	14,073	15,150

The notes on pages 9 to 12 form part of these financial statements.

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Milngavie Community Development Trust

Comparative Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 March 2026

Comparative Statement of Financial Activities (including Income and Expenditure Account)

				2025
		Unrestricted funds	Restricted funds	Total funds
	Notes	£	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	11,200	5,140	16,340
Other trading activities	4	2,798	-	2,798

		13,998	5,140	19,138

EXPENDITURE ON:
Raising funds	5	(4,063 )	(19,786 )	(23,849 )

NET EXPENDITURE		9,935	(14,646 )	(4,711 )


NET MOVEMENT IN FUNDS		9,935	(14,646 )	(4,711 )
RECONCILIATION OF FUNDS:
Total funds brought forward		3,465	16,396	19,861

TOTAL FUNDS CARRIED FORWARD	11	13,400	1,750	15,150

The notes on pages 9 to 12 form part of these financial statements.

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Milngavie Community Development Trust

Balance Sheet

As At 31 March 2026

Balance Sheet

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	9	149	-	149	151
Cash at bank and in hand		11,968	2,401	14,369	15,431

		12,117	2,401	14,518	15,582
Creditors: Amounts Falling Due Within One Year	10	(445 )	-	(445 )	(432 )

NET CURRENT ASSETS (LIABILITIES)		11,672	2,401	14,073	15,150

TOTAL ASSETS LESS CURRENT LIABILITIES		11,672	2,401	14,073	15,150

NET ASSETS		11,672	2,401	14,073	15,150

FUNDS OF THE CHARITY
Restricted Funds				2,401	1,750
Unrestricted Funds				11,672	13,400

TOTAL FUNDS	11			14,073	15,150

For the year ending 31 March 2026 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

On behalf of the board

N Scott Trustee	W Blakey Trustee
09/08/2026

The notes on pages 9 to 12 form part of these financial statements.

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Milngavie Community Development Trust

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Milngavie Community Development Trust is a company limited by guarantee, incorporated in Scotland, registered number SC531385 and registered charity number SC047523 . The registered office is C/O Ruth Blakey 150 Prestonfield, Milngavie, East Dunbartonshire, G62 7QA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements 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 charitable company is a Public Benefit Entity as defined by FRS 102.

2.2. Going Concern Disclosure

The trustees have not identified any material uncertainties related to events or conditions that may cast significant doubt about the charitable company's ability to continue as a going concern.

2.3. Incoming Resources

Donations and gifts are included within incoming resources when the Charity has entitlement to the income and it is probable that the income will be received and the amount can be measured with sufficient reliability. Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be easily measured. Income from charitable activities is recognised as the related goods and services are provided and where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. Income from charitable activities includes income received under contract and grant funding to specific service conditions.

2.4. Resources Expended

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. Expenditure is recognised on an accruals basis.

Cost of generating funds

The costs incurred in attracting voluntary income, the management of investments, and trading activities are attributable to raising funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

Costs attributable to the Charity’s compliance with constitutional and statutory requirements are included in governance costs. These include cost and expenses for accountancy and legal fees.

Support costs

Support costs relate wholly to one charitable activity and are not separately identified.

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.6. Taxation

The charity is exempt from tax as all its income is charitable and applied for charitable purposes.

3. Income from Donations and Legacies

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Milngavie Community Development Trust

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

	2026	2025
	Restricted	Total
	funds	funds
	£	£
Donations and gifts	-	11,200
Grants	2,690	5,140

	2,690	16,340

4. Income from Other Trading Activities

	2026	2025
	Unrestricted funds	Total funds
	£	£
Publications, newsletters and journals	1,180	1,015
Fundraising events	1,123	1,783

	2,303	2,798

5. Analysis of Expenditure

	2026
	Support costs (see note 6 )
	£
Raising funds	6,070

	2025
	Support costs (see note 6 )
	£
Raising funds	23,849

6. Support Costs

	2026
	Raising funds
	£
General administration	5,625
Governance costs	445

	6,070

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Milngavie Community Development Trust

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

	2025
	Raising funds
	£
General administration	23,417
Governance costs	432

	23,849

7. Independent Examiner's Remuneration

	2026	2025
	£	£
Independent examination of the financial statements	445	432

8. Average Number of Employees

Average number of employees during the year was: NIL (2025: NIL)

9. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	149	151

10. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Accruals and deferred income	445	432

11. Movement in Funds

	As at 1 April 2025	Income	Expenditure	As at 31 March 2026
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	13,400	2,303	(4,031 )	11,672
Restricted funds
ED ARTS COUNCIL	500	750	(500)	750
MILNGAVIE COMMUNITY COUNCIL	400	-	(400)	-
EDC WELLBEING FUND AWARD	850	-	(850)	-
GULLY POTS	-	645	(289)	356
EDC CMHWF	-	1,295	-	1,295


Total restricted funds	1,750	2,690	(2,039 )	2,401




Total funds	15,150	4,993	(6,070 )	14,073

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Milngavie Community Development Trust

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

	As at 1 April 2024	Income	Expenditure	As at 31 March 2025
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	3,465	13,998	(4,063 )	13,400
Restricted funds
SWAN NEST ISLAND	11,349	2,000	(13,349)	-
HUGH FRASER FOUNDATION	2,000	-	(2,000)	-
EAST DUNBARTONSHIRE COUNCIL	1,272	940	(2,212)	-
ED ARTS COUNCIL	500	500	(500)	500
MILNGAVIE COMMUNITY COUNCIL	600	850	(1,050)	400
EDC WELLBEING FUND AWARD	675	850	(675)	850


Total restricted funds	16,396	5,140	(19,786 )	1,750




Total funds	19,861	19,138	(23,849 )	15,150

Swan Nest Island - installation of a new Swan Nest Island and upgrading the surrounding area
Hugh Fraser Foundation - Sponsor of Milngavie Week events and competitions and - printing of publicity and banners.
EDC - for a survey relating to Milngavie 2021-26 Community Action Plan and information boards for the Community Orchard.
ED Arts Council - funding towards Milngavie week.
Milngavie Community Council - funding towards Milngavie week and a feature bench for the Community Orchard.
EDC Wellbeing Fund Award - funds for day trip for senior citizens.
EDC CMHWF - to improve the health and wellbeing of adults and children in East Dunbartonshire
Gully Pots - to prevent migrating toads from entering drainholes

12. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

13. Related Party Disclosures

There have been no related party transactions in the reporting period that require disclosure.

14. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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Trustees	N Scott - Treasurer
	W Blakey - Chair
	R Blakey - Secretary
	F Crosbie
	K Gray
	P Crosbie
	R Garrow


Charity Number	SC047523

Company Number	SC531385

Registered Office	C/O Ruth Blakey 150 Prestonfield
	Milngavie
	East Dunbartonshire
	G62 7QA

Independent Examiner	Jamie Fitzpatrick CA
	Advanced Accounting (Scotland) Limited
	60 Falkirk Road Larbert Stirlingshire FK5 3AH