COMPANY REGISTRATION NUMBER: SC360020 CHARITY REGISTRATION NUMBER: SC003620 Avoch Amenities Association Company Limited by Guarantee Unaudited Financial Statements 31 August 2025 RITSONS Chartered Accountants Forbes House 36 Huntly Street Inverness IV3 SPR
Avoch Amenities Association Company Limited by Guarantee Financial Statements Year ended 31 August 2025 Page Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements 10 The following pages do not forni part of the financial ststements Detailed statement of financial activities 20 Notes to the detailed statement of financial activities 22
Avoch Amenities Association Company Limited by Guarantee Trustees. Annual Report Ilncorporating the Dir8ctorfs Report) Year ended 31 August 2025 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 August 2025. Reference and administrative detsils Registered charity name Avoch Amenities Association Charity registration number SC003620 Company registration number SC360020 Principal office and registered Ripley office The Dock Avoch IV9 8QG Scotland The trustees Mrs J Jack Mr C McLeman Mr A Patience Mr R Keanie Mr N Underdown Mrs M Leggall {Appointed 15 January 2026} (Appointed 15 January 20261 {Resigned 15 January 20261 Company secretary Mrs L Patience (Resigned 15 January 20261 Independent examiner Daniel Palombo M.A (Honsl, C.A. Forbes House 36 Huntly Street Inverness IV3 SPR Bankers Bank of Scotland 2-6 Eastgate Inverness IV2 3NA
Avoch Amenities Association Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 August 2025 structure. governance and management Avoch Amenib"es Association is a company limited by guarantee. Directors are appointed by the members at the Annual General meeting or being co-opted. New directors with suitable experience are suggested by the existing directors, members and other interested parties, including the general public. The decision making process of the charity is carried out by the directors who meet as required. Directors are supported by volunteers. No director has a beneficial interest in the eompany. Recruitment and Appointment of Board of Directors The directors of the company are also charity Iruslees for the purposes of charity law and under the company's Articles are known as members of the board of directors. Under the requirements of the Memorandum and Articles of Association the members of the board are elected to serve for a period of one year after which they must be re*lecled at the next Annual General Meeting. The board seeks to ensure that the needs of the Association are appropriately reflected through the diversity of the board. The more traditional business skills are well represented on the board. In an effort lo maintain this broad skill mix, members of the board are requested to provide a list of their skills and in the event of particular skills being lost due to retirements,. individuals are approached to offer themselves for election to the board. Board members may also be nominated by the membership. Board Induction and Training New trustees are provided with a copy of the strategy document for the charity, the Memorandum and Articles of Association, an up to date forecast of the company's income and expenditure and a copy of the lalesl published accounts. Explanations and any queries regarding the company business are answered by the existing board members or the company secretsry. Risk Management The board of directors has conducted a review of the major risks to which the charity is exposed. A risk register has been established and is reviewed at each quarterty board meeting. Where appropriate, systems or procedures have been established to mitigate the risks that the charity faces. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions. Procedures are in place to ensure compliance with health and safety of staff and volunteers, employment law, data proleetion and confidenlialily", these procedures are periodically reviewed to ensure that they Continue to meet the requirements of law and the needs of the charity. Organlsatlonal Structure The maximum number and minimum number respectively of the directors may be determined from time to time by ordinary resolutions. Subject lo and in default of any such determinations, there shall be no maximum number of directors and the minimum number of directors shall be three. Currently the board has four members from a variety of backgrounds relevant to the work of the charity. The company secretary also sits on the board but has no voting rights.
Avoch Amenities Association Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 August 2025 Objectives and activities The principal objectives of the company are lo promote the wellbeing of the community resident in the parish of Avoch by associating with local authorities, voluntary organisations and residents, In common effort lo provide meeting places and facilities for physical and mental training and recreation, and social, moral and intellectual development and to foster a community spirit for the achievement of these aims and other such objectives as may by law be deemed charitable. Aehievernents and performance For the period of September 24 to August 2025 we have held a number of events both as fundraisers and for the benefit of local organisations or charities. These have included the larger Family Musie event held by the Avoch Sports Pavilion Members Club mising funds for the AAA, an organised charity event held in our grounds raising funds for a local charity Sophies Story. We have held multiple smaller events such as quiz nights, Christmas parties and supporting events organised by other local organisalions sueh as the Youth and Senior Avoch Football Teams. A defining moment within this period was during a prolonged electrical outage within the village where a group of our volunteers from the Avoch Sports Pavilion and members of the AAA came lo the aid of many surrounding elderly neighbours and provided them with food, warm beverages and charged mobile phones using generator power. The Sports Pavilion continues to provide a place for meetings for various organisations such as Avoch Rovers FC, Avoch & Killen Community Council, Classic Car Club and various others upon ad hoc requests. The sports courts continue lo be used by various clubs and individuals alike. We currently have an ongoing issue with faulty water pipes in that area and are in ongoing discussions with Business Stream, Scottish Water, Avoch & Killen Community Council regarding how to gel this resolved and significantly inflated water charges avoided. We continue to raise funds for badly needed maintenance costs of the current sports pitch facilities which include fencing, Surfa repairs and of course the inevitable repair costs for the problematic pipework which could impact the sports courts. Volunteers Many people give up their lime lo help the Avoch Amenities Association. The Iruslees are greatly indebted to these volunteers for their commitment and support, without whom, the Association could not operate. Financial review During the year the charity made a loss of £3,827 12024 £11,659 profit). At 31 August 2025 the charity had reserves of £211,50812024 - £215,335) of which £37,665 was reslricled12024 - £38,916) and £173,843 was unrestricted 12024 - £176,419). Of the unrestricted reserves £80,636 12024 £86,163) relate lo fixed assets, £96,73712024 - £95,027) relates to current assets and £3,53012024 - £4,771) lo current liabilities.
Avoch Amenities Association Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 August 2025 Reserves Policy In the Iruslees. view, the reserves should provide the charity with adequate financial stability and the means to meet ils charitsble obje¢lives for the foreseeable future. Reserves are required to bridge the gap between the spending and receiving of Income and to cover any unplanned emergency repairs and other expenditure. The trustees consider that the ideal level of free unrestricted reserves to meet its charitable obje¢lives would be in the region of £8,000. The level of free reserves will be monitored regularly by the Iruslees to ensure there is sufficient available lo meet the requirements. Plans for future periods We will continue lo focus on fund raising for badly needed mainlenanee costs of the current sports pitch facilities which include fencing, surfaee repairs and of course the inevitable repair eosts for the problematic pipework which could impact the sports courts. We are yet to receive any specified quotations for such work as we require the damaged pipework issue to be resolved before looking for quotations for the maintenance and repairs of the courts. The original fencing is inadequate and now damaged, plus the courts need the surfaces Irealed and lines repainted. With these costs in mind and the likelihood of an all-wealher pitch being constructed in the next village of Fortrose, there has been ongoing consultation of looking at alternatives to the original phase 2 plans for converting some of the area lo an all-weather football pitch. The costs associated with constructing this and more importantly maintsining it, far OUe1gh anything we will achieve with fundraising alone. No grants or funding have been applied for and the ongoing maintenance costs of current sports facilities are yel lo be determined. We also need lo factor in the increasing costs of running and maintaining the Avoch Sports Pavilion Members Club which is currently the sole provider of income for the Association. We continue to hold regular meetings to try and resolve these ongoing issues and currently have submitted requests for clarification from various relevant parties. Trustees. responsibilitios statement The Iruslees, who are also directors for the purposes 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 Pracb"cel. Company law requires the charity trustees lo prepare financial statements for each year which give a trLJe and fair view of the stale of affairs of the charitable company and the incoming resour$ and application of resources, including the income and expenditure, for that period. In preparing these financial stalemenls, the trustees are required to.. select suitable accounting F)olicies and then apply them consislenlly", observe the methods and principles in the applicable Charities SORP, make judgments and accounting estimates that are reasonable and prudent., prepare the financial ststemenls on the going concern basis unless il is inappropriate to presume that the charity will continue in business. The Iruslees are responsible for keeping adequate accounting records that are sufficient lo show and explain the charity's transactions and disclose with reasonable accuracy al any time the financial position of the charity and enable them to ensure that the financial stslemenls comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Avoch Amenities Association Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 August 2025 Small company provisions This report has been prepared in accordan with the provisions applicable to companies entitied to the small companies exemption. The trustees, annual report was approved on trustees by.. 27105126 and signed on behalf of the board of EEe6wie Mr R Keanie Trustee
Avoch Amenities Association Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Avoch Amenities Association Year ended 31 August 2025 I report lo the Iruslees on my examination of the financial stslements of Avoch Amenities Association I'the charity'l for the year ended 31 August 2025. Responsibilities and basis of report As the trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the financial stslements in ac¢ordan¢e with the requirements of the Charities and Trustee Investment IS¢otlandl A¢1 2005 I'lhe 2005 Act'i, the Charities Accounts (Scollandl Regulations 2008 las amended) and the Companies Act 2006 I'the 2006 Act'l. You are satisfi'ed that the accounts of the company are not required by charity or company law lo be audited and have chosen instead to have an independent examination. Having satisfied myself that the accounts of the company are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts carried out under section 4411llcl of the 2005 Act. In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts Iscotlandl Regulations 2006 las amended). Independent examiner's statement Since the charity is required by company law to prepare ils accounts on an accruals basis and is registered as a charity in Scotland your examiner musl be a member of a body listed in Regulation 1112} of the Charities Accounts (Scotlandl Regulations 2006 las amended). I can confirm that l am qualified lo undertake the examination because l am a registered member of ICAS which is one of the listed bodies. I have completed my examination. I confirm that no mallers have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act, section 4411llal of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations., or the financial statements do not accord with those records or with the accounting requiremen15 of Regulation 8 of the Charities Accounts (Scotlandl Regulations 2006,. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fair, view which is not a matter considered as part of an independent examination", or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reF)Orting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
Avoch Amenities Association Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Avoch Amenities Association (conlinued) Year ended 31 August 2025 I have no concerns and have come across no other mallers in connection with the examination lo which allenlion should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Other matters To the fullest extent peTmitted by law, I do not accept or assume responsibility to anyone other than the charity and the charities, Iruslees as a body, for our work, for this report. or for the opinions I have formed. Daniel Palombo M.A. (Honsl, C.A. Independent Examiner Ritsons Chartered Accountants Forbes House 36 Hunuy Street Inverness IV3 SPR 28105126
Avoch Amenities Association Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 August 2025 2025 Restricted funds Total funds Totsl funds 2024 Unrestricted funds Note Income and endowments Donations and IaCleS Other trading activities Investment Income 376 45,564 16 376 45,564 16 11,883 55,351 Total income 45,956 45,956 67,234 Expenditure Expenditure on raising funds". Costs of other toding activities Expenditure on charitable activities Taxation 3S,473 12,379 931 36,473 12,379 931 42,692 12,411 472 9,10 11 Total expendlture 49,783 49,783 55,575 Net {expenditurellincome 13,827) {3.8271 11,659 Transfers beeen funds 1,251 {1,2511 Net movement in funds {2,5761 {1,2511 {3.8271 11,659 Reconciliation of funds Total funds brought forward Total funds carried forward 176,419 38,916 215,335 203,676 173,843 37,665 211,508 215,335 The statement of financial activities includes all gains and losses recognised In the year. All income and expenditure derive from continuing activities. The notes on pag8s 10 to 18 form part of these financial statements.
Avoch Amenities Association Company Limited by Guarantee Statement of Financial Position 31 August 2025 2025 2024 Note Fixed assets Tangible fixed assets 16 113,066 119,843 Current assets Stocks Debtors Cash at bank and in hand 17 18 4,070 831 97,071 101,972 5,500 750 94,013 100,263 Creditors- amounts falling due within one year Net current assets 19 3,530 4,771 98,442 211,508 211,508 95,492 215,335 Total assets less current Ilabllltles Net assets 215,335 Funds ofthe charlty Restricted funds Unrestricted funds 37,665 173,843 211,508 38,916 176,419 Total charity funds 20 215,335 For the year ending 31 August 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating lo small companies. Directors. responsibilities. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476., The directors acknowledge their responsibilities for complying with the requirements of the Act with respect lo accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject lo the small companies, regime. These financial statements were approved by the board of Iruslees and aulhorised for issue on .2.71Q5126 and are signed on behalf of the board by.. E.Ega171g Mr R Keanie Trustee The notes on pag8s 10 to 18 form part of these financial statements.
Avoch Amenities Association Company Limited by Guarantee Notes to the Financial Statements Year ended 31 August 2025 General information The charity Is a public benefit entity and a private company limited by guarantee, registered in Scotland and a registered charity in Scotland. The address of the registered office is Ripley, The Dock, Avoch, IV9 8QG, Scotland. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Companies Act 2006. Accountlng poll¢les Basls of preparatlon These financial statements have been prepared in compliance with FRS102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland, and the Charities SORP IFRS 1021 The charity conslitules a public benefit entity as defined by FRS102. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material UnrtaInlieS about the charity's ability lo continue. Judgements and key sources of ostimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expe¢tation5 of future events that are believed to be reasonable under the circumstances. Income tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable income or expenditure for the current and past periods. Current tax is measured at the amounts of tax expected lo pay or recover using the tax rates and laws that have been enacted or substsntively enacted at the reporting date. Deferred tax is recognised in respect of all liming differences at the reports'ng date. Unrelieved tax losses and other deferred lax assets are recognised lo the exlenl that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tsx is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the liming difference. 10
Avoch Amenities Association Company Limited by Guarantee Notes to the Financial Statements (conllnued) Year ended 31 August 2025 Accounting policies (continuedj Fund accounting Unreslricled funds are available for use at the discretion of the trustees lo further any of the charity's purposes. Designated fund5 are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. reslricled income funds or endowment funds. Incoming resources All incoming resources are included in the statement of financial activities when entillemenl has passed to the charity., it is probable that the economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recnISed when there is evidence of entitlement lo the gift, receipt is probable and its amount can be measured reliably. Ia¢Y income is recognised when receipt is probable and enlillement is established. income from donated goods is measured at the fair value of the goods unless this is impractical lo measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received If the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of serviTrs is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a conlraclual requirement for il lo be spent on a particular purpose and returned if unspent, in which case Il may be regarded as reslricled. 11
Avoch Amenities Association Company Limited by Guarantee Notes to the Financial Statements (conllnued) Year ended 31 August 2025 Accounting policies (continuedj Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which Il relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further ils charitable aims for the benefit of its beneficiaries, including those support costs and costs relating lo the governance of the charity apportioned lo charitsble activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs attributable lo a single activity are allocated directly lo that activity. Shared costs are apportioned beeen the activities they contribute lo on a reasonable, justifiable and consislenl basis. Tangible assets Tangible assets are initially recorded al cost, and subsequently staled al cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded al the fair value at the dale of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is re¢ognised in other re¢ognised gains and losses, unless il reverses a charge for Impairment that has previously been re¢ognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other re¢ognised gains and losses, except to which Il offsets any previous revaluation gain. in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows". Property Fixtures and fittings Equipment 150/0 Straight line 10Q/o Straight line 200/0 reducing balance The pavilion is not depreciated as the residual value of the pavilion is not expected lo be less than cost. 12
Avoch Amenities Association Company Limited by Guarantee Notes to the Financial Statements (conllnued) Year ended 31 August 2025 Accounting policies (continuedj Impairment of fixed assets A review for indicators of impairment is Carried out al each reporting date. with the recoverable amount being estimated where such indicators exist. Infftere the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior Impairments are also reviewed for possible reversal at each reporting dale. For the purposes of impairment testing. when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generaling unil to which the asset belongs. The cash-generating unil is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock lo ils present location and condition. Financial instruments A financial asset or a financial liability is recognised only when the entity becomes a paty lo the contractual provisions of the instrument. Basic financial instruments are initially recognised al the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it Is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected lo be paid or received and not discounted. Limited by guarantee Avoch Amenities Association is a company limited by guarantee and accordingly does not have share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of il being wound up while he or she is a member, or within one year after he or she cease to be a member. Donations and legacies Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Donations Donations 376 376 11,883 11,883 13
Avoch Amenities Association Company Limited by Guarantee Notes to the Financial Statements (conllnued) Year ended 31 August 2025 other trading activities Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Fundraising events Social lotteries Bar income Membership income 160 6,260 36,534 2,610 45,564 160 6,260 36,534 2,610 45,564 6,051 6,255 40,805 2,240 55,351 6,051 6,255 40,805 2,240 55,351 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 other interest receivable 16 16 Costs of other trading activities Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Fundraising events Bar 5,444 31,029 5.444 31.029 5,633 37,059 5,633 37,059 36,473 36.473 42,692 42,692 Expenditure on charitable activitios by fund type Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 General operations 12,379 12,379 12,411 12,411 10. Expenditure on charitable activities by activity type Activities undertaken Total funds directly 2025 Total fund 2024 Geneol operations 12,379 12,379 12,411 14
Avoch Amenities Association Company Limited by Guarantee Notes to the Financial Statements (conllnued) Year ended 31 August 2025 11. Taxation Major components of tax exponse 2025 2024 Current tax: UK current tax expense Adjustments in respect of prior periods Total current lax 1,061 11301 931 472 472 Taxatlon 931 472 Reconclllatlon of tax expense The tsx assessed on the expenditure for the year is higher than 12024.. lower than) the standard rate of corporation tax in the UK of 190/012024.. 190/01. 2025 2024 (Expenditurellincome before taxation (Expenditurellincome by rate of tax Effect of expenses not deductible for tax purposes Effect of capital allowances and depreciation Effect of Income exempl from lax utilisalion of lax losses {2.8961 15501 2,893 12,131 2,305 3,428 {1.2911 14,595} 1677} 472 Tax on lexpenditurellincome 1.061 12. Net lexpenditurellincome Nel lexpendilurellincome is staled after chargingllcreditingl.. 2025 2024 Depreciation of tangible fixed assets 9,276 9,001 13. Independent examination fees 2025 2024 Fees payable to the independent examiner for.. Independent examination of the financial statements 2,219 2,116 14. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the Iruslees. No trustee expenses have been incurred during the year. 15
Avoch Amenities Association Company Limited by Guarantee Notes to the Financial Statements (conllnued) Year ended 31 August 2025 15. Transfers betsveen funds An amount of £186 12024 £2321 was transferred from The Awards For All Fund to the unreslricled fund to cover the depreciation charge of assets purchased by way of restricted grant. An amount of £1,065 12024 £1,065) was transferred from Chance to Connect Fund to the unrestricted fvjnd to cover the depreciation charge of assets purchased by way of restricted grant. 16. Tangible fixed assets Land and Fixtures and buildings fittings Equipment Total Cost At 1 September 2024 Additions 159,859 2,643 17,637 2,499 180,139 2,499 182,638 At 31 August 2025 Depreciation Al 1 September 2024 Charge for the year At 31 August 2025 Carrying amount At 31 August 2025 Al 31 August 2024 159,859 2,643 20,136 46,381 7,741 264 238 13,651 1,297 60.296 9.276 54,122 502 14,948 69,572 105,737 2,141 5,188 113.066 113,478 2,379 3,986 119,843 17. Stocks 2025 2024 Raw materials and consumables 4,070 5,500 18. Debtors 2025 2024 Prepayments and accrued income 831 750 19. Credltors.. amounts falllng due wlthln one year 2025 2024 Trade creditors Accruals and deferred income Corporation tsx 1,870 2,429 472 2,567 915 3,530 4,771 16
Avoch Amenities Association Company Limited by Guarantee Notes to the Financial Statements (conllnued) Year ended 31 August 2025 20. Analysis of charitable funds Unrestricted funds At 1 September 2024 At August 2025 Income Expenditure Transfers General funds 176,419 45,956 149,7831 1,251 173,843 At 1 September 2023 At August 2024 Income Expenditure Transfers General funds 163,463 67,234 155,5751 1,297 176,419 Restricted funds At 1 September 2024 At August 2025 Income Expenditure Transfers Pavilion Awards for All Scotland Chance to Connect Groundwork 23,171 968 13,611 1,166 23,171 782 12.546 1.166 11861 11,0651 38,916 11,2511 37,665 Al 1 September 2023 At August 2024 Income Expenditure Transfers Pavilion Awards for All Scotland Chance to Connect Groundwork 23,171 1,200 14,676 1,166 40,213 23,171 968 13,611 1,166 38,916 12321 11,0651 11,2971 17
Avoch Amenities Association Company Limited by Guarantee Notes to the Financial Statements (conllnued) Year ended 31 August 2025 Pavilion This relates lo the pavilion building which was transferred to the association. Awards For All Scotland Funding received lo purchase various gardening equipment for use in the community green space. Chance to Connect Funding received towards building a multi-purpose sports facility. Groundwork Funding received towards the next phase of capital works. 21. Analysls of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less than 1 year Net assets 80,636 96,737 13,5301 173,843 32,430 5,235 113,066 101,972 (3,530) 211,508 37,665 Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 86,163 95,027 14,7711 176,419 33,680 5,236 119,843 100,263 {4,771} 215,335 38,916 22. Operating lease cornmitments The total future minimum lease payments under non-cancellable operating leases are as follows.. 2025 2024 Not later than 1 year Later than 1 year and not later than 5 years 1,154 3,367 4,521 1,154 4,521 5,675 23. Related parties No trustee, or person related to the charity, had any personal interest in any contract or transaction entered into by the charity during the year. 18
Avoch Amenities Association Company Limited by Guarantee Management Information Year ended 31 August 2025 The followlng pages do not form part of the flnanclal statements. 19
Avoch Amenities Association Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 August 2025 2025 2024 Income and endowments Donations and legacies Donations 376 11,883 Other trading activities Fundraising events Social lotteries Bar income Membership income 160 6,260 36,534 2,610 45,564 6,051 8,255 40,805 2,240 55,351 Investment Income Other interest receivable 16 Total Income 45,956 67,234 20
Avoch Amenities Association Company Limited by Guarantee Detailed Statement of Financial Activities (cotJtltrJuedJ Year ended 31 August 2025 2025 2024 Expenditure Costs of other trading activities Opening stock Purchases Rates and water Light and heat Insurance Motor vehicle expenses Telephone Other office costs Depreciation Prizes Cleaning Bank charges Donations 2,515 22,748 1,887 8,118 1,290 294 796 351 62 3,118 1,308 22,634 12301 5,852 1,536 1,214 866 661 50 2,845 1,040 200 36,473 42,692 Expenditure on charitable activities Repairs and maintenance Legal and professional fees Depreciation 934 2,219 9.226 1,355 2,116 8,940 12.379 12,411 Taxation Current laxalion chargelcredit Overlunder provision in prior year 1.061 11301 931 472 472 Total expenditure 49,783 55,575 Net {expenditurellincome {3,8271 11,659 21
Avoch Amenities Association Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 August 2025 2025 2024 Costs of other trading activities Fundraising events Fundraising Costs Events expenditure Prizes 2,515 2,599 2,845 3,118 5,633 5,444 Bar Purchases Rates and water Light and heat Licences and insurance Equipment leasing Telephone Sundry expenses Depreciation Cleaning Bank charges Donations 20,035 12301 5,852 1,536 1,214 866 661 50 1,040 22,748 1,887 8,118 1,290 294 796 351 62 1,308 200 31.029 37,059 Costs of other trading activities 36.473 42,692 Expenditure on charitable activities General operations A¢tivit19s undertakgn directly Repairs and maintenance Other professional fees Depreciation 934 2,219 9,226 1,355 2,116 8,940 12,379 12,411 Expenditure on eharitable activities 12,379 12,411 22