The Trust is a community organisation which promotes town centre initiatives. We draw on the skills, experience and knowledge held by our members who volunteer their time on an unpaid basis to tackle issues and bring good ideas into practical reality.
Potentially the Trust will engage in wide-ranging activities. As a not-for-profit private body the Trust will explore and take forward projects in creative partnerships. These will involve community groups, the public sector and the private sector. The focus is on initiatives which can secure long-term social, economic and environmental benefits for Cupar.
Annual General Meeting (4th December 2018)
The Annual General Meeting was held on 4th December 2018 in the Howe of Fife’s function room and was attended by Trust members including members of the Board.
Financial Statement (1st April 2017 – 31st March 2018)
The Financial Statement for the period from 1st April 2017 to the financial year end of 31 March 2018 was circulated.
The Trust had received income of £12,900 and had met expenses of £13,512 during the accounting period. Jim Hair, the Trust’s Treasurer reported that directors only authorise projects after funding has been secured.
Cupar Development Trust Ltd. was incorporated in December 2015 as a company limited by guarantee (registered SC522831). Our Memorandum of Association set out our objects and powers and procedures. We made a minor revision to the Memorandum as regards the use of electronic communication and this was approved at the Extra-ordinary General Meeting held on the 9th December 2017.
In addition to meeting its legal and financial obligations, the Board of the Trust has progressively developed a portfolio of management policies. The policies adopted include policies on Data Protection, Data Breach and Data Retention, to ensure the Trust is in line with GDPR.