Charlty Registratlon No. SC001775 (Scotlandl
Company Registration No. SC16169218¢otlandl
SOUND COMMUNITY ASSOCIATION
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2025
THE A9 PARTNERSHIP LIMITED
Chartered Accountants
47 Commercial Road
Lerwlck
Shetland
ZE1 ONJ

SOUND COMMUNITY ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
TrustOeS
Mrs LA￿￿$
Ms RABremner
Mr J M Sinc181r
Mr K Manson
Mr G S Leask
MS K P Murray
Mrs L Macmillan
Mr R Bremner
Mr M D G Ma¢Millan
M$ FA Martin
Mr$ l Moar
Ms P E Nicolson
Mr R Card
(Appointed 28 November
20241
(Appointed 28 November
20241
Ms L Satrice
Secretary
Mrs l Moar
Company number
SC181692
Regl8t&rgd offlco
Sound Publi¢ H#ll
Sound
Lemlck
Shetland Isles
ZE1 OSS
Independent examlnor
The A9 Partnershlp Limited
47 Commercial R08d
Lorwick
Shetland Isles
ZE1 ONJ

SOUND COMMUNITY ASSOCIATION
CONTENTS
Page
Trustees, report
Independent 8xaminerf¥ report
Slal8ment of financlal aotiviiies
Balance 8heel
Notes lo the ffinanclal stslemerbt$
6-14

SOUND COMMUNITY ASSOCIATION
TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 AUGUST 2025
The Iruslees present their annual report and finanoal statements for the year ended 31 Au9USt 2025.
The financial slalements have been prepared In accordance with the accounting policies sel out in note 1 to the
financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The
Financial Reporting Standard applicable in the UK and Republi¢ of Ireland and the Charllies SORP "Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts
Iri accordance with the Flnancial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021"
Objectlves and activities
The charily's objectives Is managing the hall to eonform with the local statutory aulhorlties and voluntary
organisations in the area. Every 8ffort is made to advanGe education and provide facilities In the Inte￿81$ of
social welfare TeGrealion and other leisure time occupallons, wlth Ihe dear obje¢live of improving the quality of
life for the peoplè Ilvlng In thè area.
The directors of the charity rep￿sent a wid9 section of hall users, wllh regular feedback from many organisalions
and groups who use the hall and ils facilities.
Achlevements and pgrfomiance
The hall continues lo offèr a hlgh standard of ¥ervicg and ftcllllles to the community and the ¢harlty can look
fo￿ard lo the future with confidence.
Thanks mu81 be glven lo all the volunteers who give their Ilme and commltmenl lo runnlng and mainlalnlng the
hall and provldlng a valuable Servicè lo the community.
Flnan¢lal rovl
The Asso¢latlon had a surplus of £307 {2024: deficit £110,83511. UnrestrtGlpd reserves tcjlalled £57,367 {2024.'
t58,5241.
The Trusle8s maintain reserves al a level which 18 adequate lo meet the cashflgw requirements of Ihg
a880cialiors. Th& ovèrall reserves level of £433.86012024. £433,553) is conslder8d Ic) be an acceptable level,
Risk factors
The trustees has assessed thè malor rlsks lo which the Charlty 1$ exposed, In particular tho&& ralalèd lo the
opèrations and finances of the company, and ar9 $atlsfig¢ that systems are In place lo mitigal? exposure lo the
major risks.

SOUND COMMUNITY ASSOCIATION
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
structure> governance and management
The Association is governed by ils M8morandum and Articles of Association and was incorporated on 17th
November 1995. All directors of the cornpany are also trustees of the charity, and there are no other trustees.
The policy and general management of the affairs of the Association is directed by a Board of Directors. All
management deci8ion8 are made al regularly convened meetings.
The Iruslees, who are ?Iso the directors for the purpose of company law, and who served during the year and up
to the dale of signature of the financial $18lemenl8 w&re'.
Mrs L Arcus
Ms RA Bremner
Ms L Nicolson
Mr J M Sinclair
M8 M Thomason
Mrs S Ru4do¢k
Mr K Manson
Mr¥ L Campbell
MrA Erskine
Mr G S L?ask
Ms K P Murray
Mlss D Kane
Miss C l Fordyce
Mr D C Bradley
Mrs L Mgcmillan
Mr R Bremner
Mr M D G Macmlllan
Ms FA Martin
Mrs l Moar
ME P E Nlco180n
Mr R Card
M8 L Sglrlcg
(Redgned 30 October 20241
{Re&gned 30 October 20241
IResigned 30 October 20241
(Reslgned 30 October 20241
(Resigned 30 October 20241
(Reslgned 30 October 20241
(Resigned 30 October 20241
IR85igned 30 Oclobgr 20241
{Appointed 28 November 20241
(Appolnted 28 November 20241
All full member8 and repr8$9nlalivgs of consliluenl bodles and 8eclions shall be eligible lo stand for appolntment
to the board. One third of thg board members, slèp down and can seek r&8leclion al the next annual general
meeting.
New trustees are prc>vided within information necessary for the respDnslbllily of holdlng office from the existing or
P8St board members and from Information available from OSCR.
All of the Iruslees are members of the Gharity and guarantee lo contribute £1 Sn the evgnl of a winding up.
The Irustses. report was approved by the Board of Trustoes.
Mrs LArcus
Director
Dated..
..l.E..l.11.125

SOUND COMMUNITY ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SOUND COMMUNITY ASSOCIATION
I report on the financial ststements of the charity for the year ended 31 August 2025, which ara sèl out on pages 4
to 14.
Responsibilitie5 and basis of report
The charity trusl&es (who are also the dir8clors of Sound CommunSly Associallon for the purposes of company lawl
are responsible for the proparalion of the financial statements in accordance with the terms Df the Charities and
Trustee Investment (Scotlandl Act 2005 and the Charities Accounts {Sctsllandl Regulations 2006.Th8 charity
trustees consider that the audit requiremenl of RegulalioN 10{1lla}-Ic} of the Charities Accounts Iscollandl
Règulallons 2006 does not apply.
11 is my responsibillly lo examlne the financlal Slalemenls 88 requir8d under section 4411}lel of the Charltles and
Trustee Inveslm9nl IScolland} Act 2005 and to slate whether particular matters have come to my allenlic)n.
Independent examlner's statemént
In thg COL¢rse of My examination, no maller has come lo my att&nlion
1. whlch glves me reasonablo cause lo bellgve that in any m81efl81 rgspect the requlremenl$.'
lo keep accounting rgcords in accordance wllh Secllon 44{1 Ila) of the Charities and Trustee Inveslmnl
(Scollandl Ad 2005 and Regulation 4 of the Charities Accounts (Scollandl Regulations 2008, and
lo prepare financial stslemenls which accord with the accountin9 records and comply with Regulallon 8 of
the Charilles Accounts (Scotlandl Regulation8 2006
have not been mel, or
2. to which, In my opinlon, allenllon should bg drawn in order to enable a proper understanding of the flnanGlal
slalem8nls to be reached.
The A9 Partn8rshlp Limited
47 Commercial Road
Lerwick
Shelland18188
ZE1 ONJ
Date..

SOUND COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2025
Unrestrlct9d Restrlctod
funds
funds
2025
2025
Total Unrestrlcted Restrlcted
funds
funds
2024
2024
Total
2025
2024
Notes
Incom• from:
Donallons and legacies
Charitable actlvities
Investments
2,238
49.468
10,535
12,773
49.468
47
54,273
19
47
54,273
Totsl incomg
51,710
10,535
62,245
54.339
54.339
Expendlture on:
Raising funds
Charllable actlvitles
64
52,803
57
84.825
57
65,117
9,071
61,874
292
Total expèndlture
52,867
9,071
61,938
64,882
292
85,174
Ngt Incomellexpendlture) and
movement In funds
{1,1571
1,464
307
110,5431
12921
(10.8351
Rgconclllatlon of funds:
Fund balances al 1 Seplomb8r
2024
58,524
375,029
433,553
e9,087
375,321
444,388
Fund balances at 31 August
2026
57,367
376,493
433,860
58,524
375,029
433,553
The statement of financ1al aclivllles Includes all galns and losse5 re¢ogrblsed in the year. All income and expenditure
derivg ffom contlnuing aclivilies.

SOUND COMMUNITY ASSOCIATION
BALANCE SHEET
ASAT31 AUGUST2025
2025
2024
Notès
Flxed assets
Tangible assets
12
422,951
423.342
Current assets
Stocks
Debtors
Cash at bank ar￿ In hand
13
14
6.060
1.376
15,296
5,874
3,238
11,243
22,732
20,355
Creditors: amounts falllng duo wlthln
ong year
15
(11.8231
110,144}
Nel current agS91s
10.909
10,211
Totsl a¥s8ts loss current Ilabllltle8
433.860
433,553
Income funds
Gengral reylricled funds
Permanent grant fund
20,922
355,571
19,458
355,571
16
376,493
375,029
General unreslricled funds
Unrgslricled fund8
S7,367
58,524
57,367
58,524
433,880
433.553
The company is gnlitled lo the exemption from th8 aud51 requirement conlalned In sectlon 477 of thè Companlès Act
2006, for the year ended 31 Augu812025.
The directors acknowledge thelr rgsponslbilities for complylng with the requiremgnts of the Compan19s Act 2006
with respect lo accounting records and thp preparation of flnanclal slatemenls.
The m8mb@rs have not required the ccsmpany lo obtsin an audit of its flnanclal st81emenls lor the year in question
In accordance with sectlon 476.
These financial statements have been prepared in accordance with the provisions applicable to compan18s subject
lo the small companies regime.
The financial stslements were approv8d by Ihg Trustees on ...78.l.:,.J%plS.
Mrs LArcus
Trustee
Company Registratlon No. SC161692

SOUND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Accountlng pollcles
Charlty informatlon
Sound Community Association is a private company limited by guarantee incorporated in Scotland.
Guarantees have been given by the Iruslees totalling £1 each. The reglslered office is Sound Publlc Hall,
Sound. Lewwick, Shetland Isles, ZE1 OSS.
1.1 Aeeountlng convention
Thè financial stalemenls have been prep?red in accordance wllh the ¢harlly's charity's Memorandum and
Articles of Assoclallon, the Charities 8nd Trustee Investment Iscollandl Act 2005, the Charllies Accounls
(Scotlandl Regulations 2008 las amended) and 'Accounlin9 and Reportlng by Chafilies.. Slalemenl ol
Recommended Practice applicable lo charities preparing their accounts in aecordance with the Financlal
Rgporting Standard appllcable In the UK and Republlc of Ireland IFRS 1021 {effecllve 1 January 2019)"
The ch8rlty 1$ a Public Benefit Enllly as defined by FRS 102.
The charity has lak8n advantagè of the provSslons In the SORP for ¢harlli&s applying FRS 102 Update Bulletin
1 not lo prepare a Ststemenl of Cash Flows.
The financlal stalem¢nt8 are prepared In st8Tling, which Is the fun¢llonal currenGy of the charity. Monetary
amounts In these fin8nclal statements are rounded lo the near88t £.
Th8 financial 8tatem8nls hav8 been pre￿red under the hlstorical cost convenllon, Imodified lo Include the
revaluation of f￿ehOld properties and to Include investment propertie8 and certaln flnancl81 Instruments al f81r
valuel. Thg princlpal accounting policies adopted are set out below.
1.2 Golng concern
At thè Ilmg of approvlng the flnanci8181alements, the Iruslee5 have a rea8onablg expectation that tha charfjty
has adequate resourc&s lo continue in operational exlslence for the forese8able future. Tho Iruslees continue
lo adopt the going concgrn basis of accounting in preparing the financial stal8menls as new members are
actively beirsg sought lo help share the work lo prevent the Hall from closure.
1.3 Charltable funds
Unreslricled funds are availabl8 for use al the dlscrelion of the truslaes In fiJrtheranGe of thelr charitable
obleclives.
RE8lficted funds are Subject to 8peclflc condltlons by donors as to how they may be usgd. The purposes and
uses of the reslrlcted funds are sel out in th8 notes to the financial 8talemenls.
Perrnanent grant funds are grant fundlng that has been received in respect of speclfic capital expendllure.
1.4 Income
Income is recognised when the charity is le9ally entitled lo it after any performance condition8 have boen met,
the amounts can be measured reliably, and it is wobablo that Income will be received.
Cash donations are recognised on receipt. Other donation8 are recognised once the charity has been notified
of the donation, unless performance conditions require deferr81 of the amount. The income from fundraislng
ventures is shown gross, with the associated costs included in fundraising costs.

SOUND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Accountlng policies
Icontlnuedl
1.5 Expendlture
Expenditure is ￿cognised On￿ there Is a legal or conslruclive obligation lo transfer economic benefit to 8
third party, il is probable that a Iransler of economic bgnefils will be rèquired in settlement. and the amount of
the obligation can be measured rellably.
Expenditure is classified by activity. The costs of each activity are made up ol the total of dIr￿1 costs and
shared costs. including support costs Involved In undertaklng each activity. Direol ¢osls attributable to a single
acllvity are allocated directly lo that aclivily. Shared costs which contribut8 lo more than one activity and
support CO8t8 which arè not attributable lo a slngle acllvlly are apportioned between those activit￿S on a basis
consislenl with the use of resources. Cenlral staff costs 8r8 a11ocaled on the basis of lime Spent, and
dépreciation charges are allocated on the portion of the as8et'8 U8e.
1.8 Tangible flxed assots
Tangible fixed assets are Inlllally measured al cost and subsequently measured at cost or v81ualion, nel of
depreclalion and any impairment108Sè8.
Deprecl81ion is recognlsed so as lo wrilg off the co)sl or valuallon of a88èts le88 thelr resldual values over Ihelr
useful Ilves on th8 following bases..
Freehold land and bulldlngs
Plant and equipment
not depreciated - See notes below
5 yèars slraighl Ilne
Depreclalion has ceased on the publlc h811 as the propety Is eonsldered lo have a uselul11fe a$ a bulldlng of
grgaler than 50 years and so any depreclalion Gharge is considered immalerlal. The Irusleès conslder that Ihls
departure from Unlled Klngdom Generally Ace6pled Accounting Practice is necessory In order lo provlde
true and fair vSew.
The galn gr loss arlslng on the disposal of an asset Is determined as the difference be￿￿en the sale proceeds
and the Carrying value of the asset, and is recognised in the slalemenl of financial aclivilies.
1.7 Impalmiènt of flxed assets
At each reporting end dale, the charity reviews the carrying amounts of ils langlble 888ets lo delermlne
whether there is any indication that those assets have suffered an impairment loss. 11 any such indlcatlon
exi518. the recoverablg amount of the asset 18 estimated in order lo determine the extent of the impairment
loss (if any).
1.8 Sto¢k$
Stocks are slalgd al the lower of cost and eslimaled selling pric¢ le$$ costs to complete and s811. Cost
comprises direct molerials and, where applicable, direct labouT costs and those oveiheads that have been
incurred In bringing the stocks lo their present location and condition. Items held for dlstrlbullon al no or
nominal consideration are measured the lower of replacement cost and Gosl.
Net realisable value is the eslimaled selling price less all estimated costs of completion and costs lo bo
incurred in marketing, selling and dislribuliorb.
1.9 Cash and cash equlvalents
Cgsh and e8sh equivalents include cash in hand, depDsits held at call with banks, other short-lem) Ilquid
investments with original malurilies of Ihreo months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings Sn current liabilities.

SOUND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
Accountlng policie8
(Continued}
1.10 Financial Instruments
The charity has elected lo apply the provlsions of Section 11 'BasiG Flnancial Instruments, and Section 12
'Olher Financi81 Instrument5 Issues, of FRS 102 to all of ils financial inslrumenls.
Financial inslwmenls are recognised in the charity's balance sheet when the charity becomes party to the
conlraclual provisions of the Instrument.
Financial assets and liabilities are offset, wllh the net amounts presented In the financial slalemenls, when
Ihero is a legally enforceable rSght lo set off the recognised amounts and there is an inlentiDn lo sellle on 8 net
basis or lo realise the asset and settl@ the112bility simullaneou81y.
B881c flnanclal assets
Basic financlal assets, which Snclude debtors and cash and bank balancey, are inilillly measured at
transaction prlca including transaction costs and are Subsequently carried at 8mortlsed cost using thè effective
Interest method unless the arrangement conslilules a fflnanclng transaction, where the transaction is
measured al the present value of the future recelpls discounted at a market rale of interest. Flnanclal assets
classified as receivable within one year are not amortised.
88slc flnanclal liabilltles
8a81c financial liabllilles. includlng credllors ènd bank loans ore Initially recognised at Iransaolion price unles8
th& arrangement conslilules a financing Iransaelion, where the debt Instrument is measured al the present
value of th@ future payments dlscounled al a market rate of interest. Flnanclal liabllilie8 classified a$ payab19
wllhin one year are not amortlsed.
Debt Instruments are subsequently carrled al 8mortl8ed cost, using th& effecllve Interest rate method.
Trade creditor¥ are obllgallons lo pay for goods or 8ervlces that have been acquired In the ordinary ¢ourse of
operations from Suppllers. Amounts payable are classrfied as current llabllilies if payment is due within one
year or less. If not, they are preyented as non-currenl Ilabililies, Trade credllors arè recognised Inlllally al
Iransactlon price and subsequently measured at 8mortised cost using the effective interest method.
Derocognitlon of flnanclal liabllltlas
Flnaneial Ilabililies are derecognised when the charity's conlraclual obllgatlon8 explrg or are dlscharged or
canoelled.
1.11 Employee beneflts
The cost of any unused hollday entillgmenl Is recognised in the perlod In whlch the employee's servlces are
rec8ived.
Terminolion benefits are recognised immediately as an expense when the eharliy Is demonstrably commilled
10 18rminate the employment of an employee or lo providg terminallon benefits.
Critical accounting estimateg and Judgements
In th8 application of the ¢harily's accounting policies, the trustees are required lo make judgements, eslimales
and assumptions about the Garrying amount of assets and li8bilities that are not readily apparent from other
sources. The eslimales and associated assumptions are based on historical experienc& and other factors that
are considèred lo be relevant. Actual r85ulls may differ from these estimates.
The 8slimalès and undertying assumption8 are reviewed on an ongoing basis. Revisions to acGDunting
eslimales are re¢ogni8ed in the period in whlch the estimate 18 revised where the revision affects only that
period, or in the period of the revision and future periods wheie the revision affeds both current and future
periods.

SOUND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Income from donatlons and legacies
Unrestrlcted Restricted
funds
funds
2025
2025
Total Unrestrlcted Restrlcted
funds
funds
2024
2024
Total
2026
2024
Donat1ons and glfts
Grants
2.238
2,238
10,535
47
47
10,535
2,238
10,535
12,773
47
47
Income from charltable actlvltlos
Unre$trlcted Unrestrlcted
funds
fundg
2026
2024
Bar laklngs
Lets
DanGe$, raffles and mlscellaneous
31,755
13,753
3,960
38,571
14,087
1,635
4g,468
54,273
Income from Invèstments
Unrostrlctsd Unrestrlcted
funds
funds
2025
2024
Interest receivable
19
Ralslng funds
Unrestrlctgd Unr8slrlcled
funds
funds
2025
2024
Fundralslng and publlGIty
Dances, raffles etc
64
57
57

SOUND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Expendlture on charitable activltles
2025
2024
DSrect costs
Staff costs
Depreciation and impalrmenl
Bar purchases, adlusted for stock mc)vemen18
Bank charges
W8t&r rat8S
E18clricity
Insurance
Repairs and renewals
Telephone
Slalion6ry, postage and advert8
Lieènces
Donallons
Entertaining
Senior ciliz8ns
Bad debts written off
7,234
391
12,798
742
1.697
16,665
2,771
13,262
1.07S
348
9,415
391
16.441
726
2,612
19,488
3,014
3,581
190
1,492
18
227
292
543
500
12
395
58,731
59,393
Share of support and governanct costs (see notg 81
Govern8nce
3.143
S.724
e1,874
65,117
Analysls by fund
Unreslricl8d fund$
R&strieted funds
S2.803
9,071
64,825
292
61,874
65,117
Support Costs allocated to actlvitle¥
2025
2024
Govemance
3,143
5.724
10-

SOUND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
Support costs allocated to actlvlties
Icontlnuedl
2025
2024
GovernanGe ¢osts comprise:
Independent examination fee
Legal and professional
Accountancy
Honorarla
30Q
34
2,159
650
300
2,161
3,250
3,143
5,724
Honorariums are paid for holding the offlces of.. Secretary. Treasuier, Caretaker, Bar manager, As&sl8nt bar
manager and Bookings c18rk. Thèse afe pald through the payroll 8y$lam annually.
Ind8pend•nt èxamlnèr's rèmuneratlon
Fees payable to the charity's indepondent examlner and assoclal8s'.
2025
2024
For independent axamlnatlon sèrvlc8S
Independent examln81ion of th8 financi81 slalemenls of tho ¢horlty
300
300
For other 86rvleèg
All othèr non-audll servlce8
2.182
2,150
10 Tru8teé8
Remuneration is paid to trustees as confirmed In the memorandu￿ and Articles of Association. Trustees are
not remuneral¢d for Ihelr work as trustees but for the work they perform in the course of their employment
th Sound Community Association.
The following Iruslees wore remungrated in the year..
LG Arcus- w8ge$ And honoraria of £84912024.. £1.0651
D Sinclair- wages and honoraria ol £012024.. £1,009)
JM Slnclalr- wages and honoraria of £2,11012024.. £2,075}
L Macmillan - wages and honoraria of £1,50612024'. £1.3561
SD Ruddock- honoraria of £65012Tr24 £7661
RA Bremner- wages of £78012Q24.. £853)
GS Lea8k- wages of £45412024.. £6701
M Thomason - wages of £012024.. £261
K Murray- wages of £34712024.. £603)
R 8remner- wages of £6112024.. £6361
M Macmillan - wages £811 (2024.. £0)
L Selrice- wages of £22612024.. £01
R Card - wages of £134 {2024.. £01
The above parties are corbsidered lo tho Key Management Personnel of thè Charity-
Expense5 are not paid to trust&e&

SOUND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
11 Employees
The average monthly number of employees during the year was..
2026
Number
2024
Number
Employment ¢o$ts
2025
2024
Wages and salaries
7,234
9,415
There wère no employees whose annugl remuneration was MO￿ than £60,000.
12 Tanglble flx•d assots
FI￿￿01d land
gnd bulldln09
Plant and
equlpment
Tot•1
Cost
Al 1 September 2024
DIspo8als
612,497
38.714
18,9121
651,211
18,912)
Al 31 August 202$
612.497
29,802
e42,299
Depreclatlon and Impalrment
At 1 September 2024
Depreclalion charged in the year
Ellminaled in respect of dlsposals
190,328
37,541
391
18,9121
227,889
391
18,9121
Al 31 August 2025
190,328
29,020
219,348
Carrylng amount
At 31 Augu512025
422,169
782
422,951
At 31 August 2024
422,169
1,173
423.342
13 Stoeks
2025
2024
Raw malerlals and ￿nSumable$
6,060
5,874
12-

SOUND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
14 Debtors
2025
2024
Amounts falllng due wlthln one year:
Trade debtors
Prepayments and accrued inGome
831
545
1,944
1,294
1.376
3,238
16 Credltors: amounts falling due wbthln one year
2025
2024
Other laxalion and social se¢urSly
Trade creditors
other creditors
Accruals pnd deferred Income
782
7,086
802
3,153
1,51g
3,116
524
4,985
11,823
10,144
18 Rtstrlct•d funds
Th¢ reslricled funds of the ¢harlty ¢ompri8e the unexpended balance8 of donallons and grants held on trust
subject lo specific condlllons by donors as lo how they may be used.
At1
Sèptember
2024
InGomlng
rosource$
Resources At 31 Augugt
expended
2026
19,458
355.571
10,535
19,0711
20,922
355.571
Revaluallon re$eN&
Previous year..
At1
September
2023
Incomlng
resourcès
Resources At 31 August
expended
2024
19,475
275
12921
19,183
275
Genera1 reslrlcled funds
19,750
355,571
{292)
19,458
355,571
RevalualioA reserve
General Reslrlcted funds.. relate to fvnding from the Sound Hall Trust lo be used for the O.A.Ps in the Sound
area. 11 also included funding Irom the National Lottery and Coaslol Communities for the purchase of a new
fire door and cookers.
Permanent Grant Fund-. r&latgS to funding from various funding bodies for the purchase of fixed assets.
13-

SOUND COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
17 Analysls of net a$set8 between funds
Unrestrlcted
funds
2025
Restricted
funds
2025
Total
2025
At 31 August2025:
Tangible assets
Current asselsllliabililiesl
67,38D
110,0131
355.S71
20,922
422,951
10,909
57,367
378,493
433,860
Unr¢strlct&d
funds
2024
Rgstrlctsd
funds
2024
Total
2024
At 31 August 2Q24:
Tangible assets
Current 8sselsl{liabS11118s1
67,771
19,2471
355,571
19,458
423,342
10,211
58.524
375,029
433,S53
18 Rolated party transactlons
There were no dis¢losable relalgd party tran8aclions during the year12024 . non8}.
14-