2025-05-31-accounts - Urras An Eilein

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CHARITY NUMBER. SC003432

Trustees’ Annual Report and Accounts

for the Year ended 31 May 2025

for

Urras an Eilein SCIO

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||||| |---|---|---|---| |Contents|of the|report and|accounts| |for the Year ended|31|May 2025|

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|||||| |---|---|---|---|---| |Report of the Trustees|1| |Statement|of Receipts|&|Payments|3| |Statement|of Balances|4| |Notes|to the|accounts|5| |Report|of the|Independent|Examiner|6|

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Urras an Eilein SCIO (Charity number S$C003432) Report of the Trustees for the Year ended 31 May 2025

Registered Address

5 Ardross Terrace Inverness IV3 5NQ

Current Trustees

Governing document

The trust was set up in July 1973 to support cultural activities within the Isle of Skye or connected with or beneficial to the island and its inhabitants. The trust is administered in accordance with the terms of the trust deed which has now been replaced with a Constitution having been converted to a Scottish Charitable Incorporated Organisation (SCIO) on 4 October 2017.

Recruitment and appointment of new trustees

The trust shall aim to have between three and seven trustees at all times. Appointments and removal of trustees is in accordance with the Constitution.

Charitable purposes

The purpose of the charity is to support cultural activities to benefit the Isle of Skye and its inhabitants. This includes promoting the arts, education and the Gaelic language.

Activities and achievements

The Urras continued approve a number of grants during the year as well as holding a writing competition for schoo! pupils on Skye and hosting a very successful annual Ceilidh an Urrais in April 2025. The value of our investment portfolio stood at £381,798 as at 31 May 2025. Our website (www.urras-an-eilein.scot) is very useful and helps publicise the charities activities and grant funding.

A number of requests for financial assistance were received during the year. The Urras gave financial assistance of £6,500 in the year to support the Gaelic language.

Details of the grants approved and disbursed are listed in the accounts at note 3. Urras an Eilein was saddened by the passing of its trustee, Murdo Beaton in October 2024. Murdo had been involved with the Urras from it very earliest days and was synonymous with the charity.

Reserves policy

The charity has an investment portfolio worth £381,798 at the end of the financial year. The income received from these investments is used to provide funds for the trustees to make grants and donations. Any balance remaining at the year end is made available for the trustees to add to the current year's fund available.

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the trustees.

Urras an Eilein SCIO

(Charity number S$C003432) Receipts and Payments Account for the Year ended 31 May 2025

		Unrestricted	Restricted	Total	Total
		Funds	Funds	2025	2024
	Notes	£		£	£
Receipts
Donations		~	-	-	-
Investment income		9,748	-	9,748	9,713
Charitable activities		2,133	-	2,133	-
Grants		—— 11,881	ee -	ee 11,881	9,713
Receipts from asset&
investment sales
Proceedsfrom sale ofinvestments		90,219	-	90,219	122,513
		90,219		90,219	122,513
Total Receipts		102,100	-	102,100	132,226
Payments
Investmentmanagement costs		4,178	-	4,178	3,417
Payments relating to charitable activities		3,315	-	3,315	5,792
Grants & donations	3	6,500	-	6,500	7,015
Salaries		-	-	-	-
Legal costs		-	-	-	-
Governance costs:				-	-
Accountancy		1,200	-	1,200	-
Sundry		2,000	-	2,000	2,000
		17,193	-	17,193	18,224
Payments relating to asset and
investment movements
Purchase ofinvestments		83,264		83,264	121,182
		83,264	-	83,264	121,182
Total Payments		100,457	-	100,457	139,406
Netsurplus / (deficit)forthe period		1,643	-	1,643	(7,180)
Transfers during period		-	=	-	-
Totalfunds broughtforward		35,060	-	35,060	42,241
Totalfundscarriedforward		36,703	~	36,703	35,060

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Urras an Eilein SCiO (Charity number SC003432) Statement of Balances for the Year ended 31 May 2025

	2025		2024
	£	£	a
Bank & Cash in hand
Opening balance	12,264		19.444
Surplus/(Deficit) forthe year	1,643		(7,180)
Closing balances		13,907	12,264
Investments
Market value ofinvestments		381,798	378,584
		381,798	378,584
Totalassetsheld		395,704	390,848

Approved by the Trustees and signed on their behalf

Page 4

Urras an Eilein SCIO (Charity number SC003432) Notes to the accounts

for the Year ended 31 May 2025

1. BASIS OF ACCOUNTING

These accounts have been prepared on the Receipts & Payments basis in accordance with the Charities & Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

2. NATURE AND PURPOSE OF FUNDS

The charitable trust was started in 1973 to support cultural and educational activities with an emphasis on those which are indigenous.

3. GRANTS PAID

	Notes	2025	2024
		£	£
Portree & Braes CommunityTrust - Gaelicgroup		500
Ceildh CNAG@40		2,000
KilmuirVillage Hall - Sgriobh grant		1,000
An Comann Gaidhealach - Skye branch		1,500
Bun Sgoil Ghaidhlig PhortRigh		1,500	1,500
SMO Leabhar	Noble
Minginish Community Hall Association			2,500
Acair - Travels inAnother Country			1,000
		8500	—015

‘TRUSTEE REMUNERATION & EXPENSES BE rustee received £2,000 (2024 - £2,000 paid oi Trustee) remuneration for Urras administration in the year.

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Urras an Eilein SCIO (Charity number SC003432)

Report of the Independent Examiner for the Year ended 31 May 2025

| report on the accounts for the year ended 31 May 2025 set out on pages three to five.

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. 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 examiner's statement

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 conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the accounts.

Independent examiner's opinion

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: (i) to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
(ii) to prepare accounts which accord with the accounting records and to comply with Regulation 9 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.

Campbell Stewart MacLennan & Co Chartered Accountants Unit 3, Broom Place Portree Isle of Skye 1V51 SHL

10 December 2025

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