The trustees present their annual report and financial statements for the year ended 31 March 2026.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "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)" (second edition - October 2019) (effective 1 January 2019).
The objects of the Association shall be to promote the benefit of the inhabitants of Blairdrummond and its environs without distinction of sex, sexuality, political, religious or other opinions by associating the local statutory authorities, voluntary organisations and inhabitants in common effort to advance education and to provide facilities, or assist in the provision of facilities, in the interest of social welfare, recreation and other leisure time occupation so that their conditions of life may be improved.
Review of Activities
The Blairdrummond Community Hall Association was created in 1962 to provide a facility in the interest of social welfare, recreation and other leisure time pursuits. Under normal circumstances it raises money to maintain the hall by holding a variety of fund raising events and by charging independent users of the hall.
The new hall was completed in 2007 and since then has continued to be well used by both local and outside groups for regular, wide ranging events and activities. Local community use in the past years included Dance classes, Primary School, Youth Club, Young Farmers Clubs, Yoga classes, Birthday Parties and Church activities, the Hall Committee for meetings and fund raising events, local Curling Club and an Over 50’s Social Group, which meets monthly for lunch or tea often with a speaker or local visit involved. The Hall heating system has been upgraded during the year to air to air sourced heat pumps solar panels and battery storage aided by a grant from The Energy Saving Trust.
Incoming resources for the year were £15,237 and resources expended were £16,021. There was a gain on investments of £5,665, leaving a surplus of £4,881.
Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details are given in the accounting policy 1.2.
Reserves Policy
The general reserves at the year end were £119,508. The Committee policy on reserves is to retain sufficient funds to meet the cost of at least 12 months of ongoing commitments. The committee believe the current reserves meet this objective.
Investment Policy
The committee has the power to invest surplus funds as it sees fit to maximise the benefit of the Association.
Risk management
The committee has considered the various risks to which the Association is exposed and is satisfied that there are appropriate systems in place to mitigate any exposure to these risks.
The committee are mindful of the purposes for which the Association was set up and plan to continue providing a facility in the interest of the community. The hall will continue to be used by local and outside groups for a wide range of events and activities.
Governing document
The organisation is an incorporated charity, constituted and registered as a charity on 15 March 2004.
The committee is controlled by its articles of association.
Recruitment and appointment of trustees
Trustees must be residents of the Blairdrummond Community and appointments are approved at monthly meetings, training is given when appointed.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
The trustees, who are also the directors of Blairdrummond Community Hall Association for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees' report was approved by the Board of Trustees.
I report on the financial statements of the charity for the year ended 31 March 2026, which are set out on pages 4 to 13.
It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and to state whether particular matters have come to my attention.
My examination is 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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking 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 financial statements.
In the course of 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 Charities and Trustee Investment (Scotland) Act 2005 and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006, and
to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the Charities Accounts (Scotland) Regulations 2006
have not been met, or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Blairdrummond Community Hall Association is a private company limited by guarantee incorporated in Scotland. The registered office is 61 High Street, Dunblane, Perthshire, FK15 0EH.
The financial statements have been prepared in accordance with the charity's governing document, Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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)" (second edition - October 2019) (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
At the time of approving the financial statements, the trustees have reviewed the future funding and activities of the charity. The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Donations and similar income
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Grants receivable and rental income are credited to the Statement of Financial Activities in the year in which they are receivable.
Investment income and similar income
Income from investments and similar sources is included in the Statement of Financial Activities in the year in which it is receivable.
All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure. All costs have been directly attributed to one of the functional categories of resources expended in the Statement of Financial Activities, the charity is not registered for VAT and accordingly expenditure is shown gross.
Costs of raising funds are costs incurred in attracting voluntary income, and those incurred in activities that raise funds.
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.
Support costs are those costs incurred directly in support of expenditure on the objects of the Charity. Governance costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements.
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Transaction costs are expensed as incurred. Changes in fair value are recognised in other recognised gains and losses except to the extent that a gain reverses a loss previously recognised in net income expenditure, or a loss exceeds the accumulated gains recognised in equity; such gains and loss are recognised in net income/(expenditure) for the year.
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Hall hire income
Insurance
Light & heat
General expenses
The average monthly number of employees during the year was:
The trustees consider the key management personnel to consist of the trustees.
A standard security charge is held over the hall by the Big Lottery Fund.
Land is leased for a nominal rent.
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
Property fund
The property fund represents the NBV of the freehold property held under security by the Big Lottery Fund.
Stirling Council - Wi-Fi Upgrade
Grants provided for the upgrade of broadband
The Energy Saving Grant
Grant provided for renewables project.
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
There were no disclosable related party transactions during the year (2025 - none).