COMPANY REGISTRATION NUMBER.. SC436233 CHARrrY REGISTRATION NUMBER: SC006465 Gairloch Community Hall Company Limited by Guarantee Unaudited Financial Statements 31 July 2024 MACDOWALL & CO Chartered Certified Accountants Tulloch Streel Dingwall IV15 9JY
Gairloch Community Hall Company Limited by Guarantee Financial Statements Year ended 31 July 2024 Page Trustees. annual report (incorporating the directorfs report) Independent examinerfs reFrf)rt to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to Ihe financlal statements The following pages do not forni part of the financial ststements Detailed statement of financial activities 18
Gairloch Community Hall Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) Year ended 31 July 2024 The trustees, who are also the directors for the purposes of company law, wesenl their report and the unaudited financial stslements of the charity for the year ended 31 July 2024. Reference and administrative details R•giSt•red charity nam• Gairloch Community Hall Charfty reglstration number SCOLY)465 Company reglstratlon number SC436233 Principal office Achlercaim. Gairk¢h. Ross-shire. IV21 2BP Registered office 28 Queensgate. Invemess. IV21 1 DJ Thg trustg9s C. Barrett N. J. Hayes D. J Keogh R. M2cKenzie S. McGeachie S. W. Mclnnes C. J. Parry H. Widdows R. Widdo Cornpany secretary Macleod & Maccallum Limtted Independent exanlner M J Macnab, 8Sc. FCCA Tulloch Street Dingwall IV15 9JY
Gairloch Community Hall Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (COnM) Year ended 31 July 2024 Structure. governance and rnanagemont The company, which is a recognised charity in sCoand, is registered as a charita& company limited by guarantee and was sel up by a Memorandum of Association on 06 Nov 2012. The companls registered charity number is SC006465. The management of the company is Ihe responsibilty of the Truslees who are elected and co-opted under the terms of the Articles of AssocialN)n. The Trustees manage the organisalion of the company and charity and make all the major and Strateg decisions about rts organisation and operation. The Trustees are all members of the company and work for the company on a voluntary basis. The Trustees are responsible for keeping protw aCcvntsng records that disdose wlh reasonable accuracy al any time the financial posf(Ksn of the charity and to enable them to ensure that the financial statement5 cornp with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and herTr taking reasonable steps for the prevention and detection of fraud and other Irregularit$. The above rewrt has been prepared in accordance wth the provisions applicable lo companies subject to the small companies regime as set out in Part 15 of the Companies Acl 2(M)6 and in aco)rdance with the Charities SORP (FRS102}. Objectives and activitigs The companls purpose is to prQle the well-being of the residents in the Area of Benefit wilhoul discrimination on political. religious or any other grounds.. and to associate with clubs, voluntary organisalions, charities and other organisalions in co-operatKJn with local authorities lo advance education. health arKI recreation and to improve the quality of lrfe through the Area of Benefrt, with the particular aim of assisting residents in speaal need by reason of age. JOLrth or other circumstances. Achlevements and perfomiance Staffing.. The hall continues to employ Julia Mackenzie. part lime, as caretaker and bookings derk. Al other activities are carried out by the Management Committee on a voluntary basis. Building, Plant an¢Y Equipment (repairs and m8intenance}-. The main hall floor has been sanded and vamished. Grant money has been reiVed for this. The car charging point in fronl of the hall now providing a gL inme. The wblic toilets have been kept open throughout the year. Board OF Trustees.. There are no changes to the Board of Trustees in this . Fund-raising.. The main income (£Jmes from hire charges. SevpA fund-raising events were held dunng the year.
Gairloch Community Hall Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directovs Report) (¢¥7nUnuod) Y•ar ended 31 July 2024 Flnancial revlew The hall continues lo be self supporting. Comfort Scheme money conlinues to be alkrated by the HJhland Council. Weekly markets have been held for much of the year. The monetary loans from the cDmmtitee members are being repaid in stages. Collection boxes in the toilets and al the book exchange have Collted over £900 during the year. car charging point now covers costs. Rental charges have been increased due to higher energy charges. Plans for futurn periods Challenges in the forthcoming year: Completion of the Air Source Heal Pump healing system lo replace the present oi14ired system. An existing electrical supply has been upgraded to 3 phase power this year. Involving the local community: The local community is regularty informed abwl happenings through our webpage. Face-book. and articles in the Gaidoch & District Times. Conclusion- The Hall continues to operate successfully and be a focal point of the communty. Small company provisions This reF)Ort has been prepared in arxordance wlh the provisions applKable to companies entitled to the small companies exemption. The Iruslees. annual report vrds approved on 20 March 2025 arxl signed on behalf of the board of trustees by.. R. Widdows Trustee
Gairloch Community Hall Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Gairloch Community Hall Year ended 31 July 2024 I report to the trustees on my examinatK)n of the finanual statements of Gaidoch Communty Hall I'lhe charitll for the year ended 31 July 2024. Responslb115tles and basls of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities and Trustee Investment IScotlaThJl Act 2005 {Ihe 2005 ACY), the Charities Accounts {ScotlaThdl Regulations 2006 las amermjed) and the Companies Act 2006 I'the 2006 Act'l. You are Satisfied that the accounts of the company are rnl required by charty or company law to be audited and have chosen insle8d lo have an independent examinatn. Having satIsfd Myse that the lUnts of the company are not required lo audited under Part 16 of the 2006 Act and are eligible for independenl examination. I report in respect of my examination of the charitls accounts carried out urKler section 4411llc} of tt)e 2005 Act. In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts {ScoUandl Regulations 2CKJ6 las amerKJed>. Independent examlnerfs sLitement Since the charity is required by company law to prepare its accounts on an accruals basis and is registered as a charity in Scotland your examiner must be a member of a body listed in Re9ulation 1112} of the Charities Accounts (ScouaIl Regulations 2[$6 {as afflermjedl. I can confirm that l am qualrfied to undertake the examination because l am a registered member of the Institute of Chartered Accountants in England and Waes {ICAEW} is one of the listed bodies. I have comFdeled my examination. I confim that no matters have come to my attenlh)n 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 44(1Ma) of the 2(K15 Act and Regulation 4 of the 2006 Accounts RegulatM)ns' or the financial statements do not 80xd ryth tIKJse recths or vthh the accounting requirements of Regulation 8 of the Charrties A{Xnts {Scodand) Regulations 2006.. or the finanryal statements do not comply th the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts gNe a Inje and fair. view whh is not a matter considered as part of an independent examination. or the financ1 stslements have not been sxepared in 1rdance wilh the methods and Principles of the Statement of Recommended Practice for a(untIng and reporting by charities applK3ble lo charibes preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021.
Gairloch Community Hall Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Gairloch Community Hall (con11nufj Year ended 31 July 2024 I have no concerns and have come acros5 no other matters in connection with the examination to which a ntion shoul be drawn in this report in order to enable a proper understanding of the accou obere M J Macnab. BSC. FCCA Independent Examiner Tulloch Street Dingwall IV15 9JY
Gairloch Community Hall Company Limitsd by Guarantee Statement of Financial Activities {including income and expenditure account) Year ended 31 July 2024 2024 Restrtcted fvnds Total funds Total funds 2023 Unrestricted fuThJs Income and endowments Donations and legacies Charitable activities other trading activities Investment inCne 2.759 22.913 7,309 445 32.531 4.733 35,290 27.646 7,309 445 9,534 23,790 11.379 127 Total Income 33,426 37,264 70,690 44,830 Expenditure Expenditure on raising fijnds.. Costs of raising donalK)ns and legacies Totsl expendfture 29,471 7.445 36,916 38.954 29.471 7,445 36.916 38.954 Net income and net movement in ndS 3.955 29.819 33.774 5,876 Rgconciliation of funds Total funds brought forwrard Total funds Gafried forward 238,074 59,361 297.435 291,559 242.029 89.180 331.209 297,435 The statement of financial activities indudes all gains and losses recA)gnised in the year. l incJ)me and expenditure derive from continuing acbv11. The notss on pag•s 8 to 17 form part ofthese financlal staiements.
Gairloch Community Hall Company Limited by Guarantee Statement of Financial Posltlon 31 July 2024 2024 2023 FIX assets Tangible fixed assets 14 256,077 252.909 Cuirent a888ts Deblors Cash at bank and in hand 15 20.050 S9,428 6,697 44,710 79,478 51.407 Cr•dltors: amounts falllng duo wlthln ong yw Nèt currnnt 88S•ts 16 4,346 6,881 75.132 44,526 Total a88et8 less curront Ilabllltl•• 331.209 297.435 Net as•ets 331,209 297.435 Funds of the charlty Reslricled funds Unreslricled funds 68,496 262,713 59.361 238.074 Total charlty funds 18 331.209 297,435 For Ihe year endin9 31 July 2024 the ¢hafily was entiU&J lo oxemplion from audll under sectkjn 477 of the Companies A¢1 2006 relating lo smail Companies. Directors. r8sponsibilllies.. The members have not requlred the company to obtain an audlt of its finan¢lal $latements for the year In oue811on in accordance wlh tIOn 476,. The directors a¢knoedge their responsibilities for ¢omptying wth the requirements of the Act with respect lo accounting records and the preparation of financial stalemenls. These financial statements have been prepared in aCcOrdar wlth Ihe provlsions apF4icable lo companie$ subject lo the small companies, regime. These financial statements were approved by the ty)ard of trustees aThJ aulhorlsed for Issue on 20 Mar¢h 2025. and are signed on behalf of the board b. R. Widdows Trustee Th• note8 an ptyes 8 to 17 forni part 01the flnaTrCl statemenig.
Gairloch Communlty Hall Company Limited by Guarantee Notes to the Financial Statements Year ended 31 July 2024 Genéral Informallon The charity is a publ benefrt entty aNJ a private company limiled by guarantee, registered in Scotland and a registered charty in Scodand. The address of the registered office is 28 Queensgale, Inverness. IV21 1DJ. Statement of Compliance These financial statements have been prepared in compliance wth FRS 102, The Fin2ncial Reporting Standard applicable in the UK arml the Republic of Ireland,, the Statement ol Recommended Practice applicable to d)arities preparing their accounts in accordance with the Financial Reporting StaThJard applicable in the UK and Reput4ic of Ireland IFRS 1021 (Charities SORP IFRS 102)) and the Companies Act 2006. A£UntIng policies Basls ol preparatlon The financial statements have been prepared on the historical cost basis, as m(KJified by the revaluation of rtain financial assets and liabilitS and inveslment properties measured al fair value through income or expenditure. The financtal statemen15 are prepared in sterting. whh is the functional rrencY of the enlty. Going concem There are no material urKertainlies about the Charit$ abilty to continue. Fund accounting Unrestsed funds are available for use at the discretion of the trustees to further any of the charitys purwses. Designated funds are unrestricted funds eamiarke(I by the trustees for particular future project or commitsnenl. Restricted funds are subjected to restrictions on their expendilure dedared by the dorwy or through the terms of an appeal. and fall into one of tsvo sutKla5ses: restricted income funds or elOWment funds.
Gairloch Communlty Hall Company Llmited by Guarantee Notes to the Financial Stst•ments (¢onUnu•dJ Year ended 31 July 2024 Accountlng pollcl•s (¢othu•dJ Incomlng resources All incoming resources are induded in the slalemenl of financial activilies when enlrtlemenl has passed to the charity.. 6t 1$ probatAe that th8 econom benefit$ asSlated with the trans8clbon will flow lo Ihe charily and the amount can be rdiably measured. Th8 following specific policies are applied to particular categories of income: Income from donations or grants is recognised en there Is eviderth of enlitlemenl lo the gift, receipt is probable and its amount Can be measured reliably. legacy income 1$ re¢ognised when receipt is probabl8 and entitlement is established. Income from donated goods is measured al the fair value of the goods unless thSs Is impractical lo measure rellay. in which case the value is derived from the c05110 the donor or the eslimaled resale value. Donated facililies and services are re¢ognised in the accounts when reiVed rf the value can be reliably measured. No amounts are included for the contribution of general volunteers. Income from contracts for the supply of seNkes 18 recognised th the delivery of the ¢onlra¢led service. This is ¢lassrfwf as unreslricled funds unless there 1$ a conlraclual requirement for It lo be spent on a partlar purpose arKI relumed if unspent. In whi¢h case 11 may be regarded as restricted. Ro•ourcM exp•ndod Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure indudes any VAT which cannot be fully recovered. and is Classif under headings of the $tslemenl of financial a¢tivilie$ to which il relates- expenditure on raising funds indudes the costs of all fundraising a¢tivilies, events, no&ritable trading activities, arKI the sale of donated goods. expenditure on charitable activities indudes all costs incurred by a charrty in undertaking sclivilies that further ils eharttable aims for the benefit of its ben8fictaries, including those support costs and costs relating lo the governance of the charity apportioned lo charitable acllvili88. other expendilure includes all expendtlure that 1$ neilher relaled lo r8ising funds for the charity part of its expendFbJre on charilable aclNilies. All costs are allocated lo expenditure calegories refieCti the use of the resource. Direct costs attributable to a single activity are allocated dKectly lo that acliwly. Shared costs are apportioned between the activf(ies they contribute to on a reasonable. justifiable and consistent basis. Tanglblo a6sds Tangible assets are initially recorded at Cost, Subsequently slated al cost less any accumulated depreciation and impairment losses. Any tangible assets carr*d al revalued amounts are recorded al the fair value at the dale of revaluation less any subsequent accumulated depreciation and subsequent ac(#Jmulaled impairment losses.
Galrloch Community Hall Company Limited by Guarantee Notes to the Financial Statements (¢onthu Year ended 31 July 2024 Accounting pollclas fconllnw TangIb assetg (conllnu An Increase In the carrying afflount of an assel as a result of a revaluati. is recc3nised in other recognised gains and losses, unless rt reverses a charge for impairment that has previously been recognis8d as expenditure within the stslement of financial activities. A decrease in the carng amount of an asset as a result of revalualion. is recognised in other retognised gains and losses, excepl lo which il offsets any previous revaluation gain. in whh case the loss is shown within other re¢ogntséd gains and losses on the statement of financial a¢tivibes. Depreclatlon Depreciation is calculated so as lo vKite off the cost or valuatlon of an asset, less Ils residual value, over the useful econom lrfe of that asset as follows: Plant and Equipment Electric Vehicle Charger 25% reducing balance 10•/0 reducing balance Impalrrn•nt of flx•d a88•t8 A review for indicators of impaimient is carried out al each reporting dale. wllh the recoverable amount being eslimaled where such IndtOrS exlsl. Where tha carrying value exceeds the recoverable amount, the assèt is impalred Ingly. Prior impalmenls are also reviewed for rM)ssible reversal al eaGh raporting dale. For the purposes of impaimienl lesling, when It is nol posslble lo eslSmale the recoverable amount of an indival asset. an eslimale Is made of the recoverable amount of the cash-generating unit to which the asset b81oThJs. Tho cash-generating unit is the smallest idenlrfiable group of assets that indudes the asset and generates cash irrflows Ihal largely independent of Ihe ¢a$h Inflo from other assets or groups of assets. For impaimient le$ling of good11. the gcKMJwill acquired in a business combination Is, from the acqy151tion dale, allocated lo each of the cash-generaling units that are expected to benefll from the synergies of the combination, irrespective of whether other assets or liabilits8s of the charlly are a$$igned to those units. Flnanclal In•trument• A financial asset or a financlal liabli lty is recognised only the charity becomes a party to the contractU81 provisions of the inslrumenl. 88sic financlal Instruments are initially recognised at the amwnl receivable or payable indudlng any related transaction costs. Current assets arbd current liabilriies are yubsequenuy measured al the cash or other consideration expcted to be pa*J or received and not discounted. Debt instruments aTe subsequenlly measured al amorttsed Cost. 10
Gairloch Community Hall Company Limited by Guarantee Notes to the Financial Statements Year ended 31 July 2024 Accounting pollcles (Conlthwdj Flnanclal Instruments (¢ontsn Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequenvy measured at fair value wtth changes in fair v81ue recognised in income and expenditure. Al other such investmenls are subsequellly measured at cost less impairment. Other financial instruments. incIting derNalives. are initially recognised al fair value. unless payment for an asset is deferred beyond nornial business temis or financed at a rale of interest that is nol a market rate, in Nthich case the assel is me8StJred at the present value of the future payments discounted at a market rate of interest for 8 similar debt instnjment. Other financial instruments are subsequenUy measured at fair value. th any changes reeognised in the statement of fInarla1 acbviti"es, wilh the exception of hedging instruments in a designated hedging relationship. FInarla1 assets that are MeaSurj at cost or amortised cost are revWed for oblectNe eviden of impairnienl at the end of each reporting dale. If there is objective evidence of impaimienl, an impairment loss is recognised undef the approprkate heading in the statement of financial activilies in which the initial gain 5 recognised. For all equty insttuments regardless of signifance, and other financial assets that are individually signrficant, these are assessed indrvidually for impairment. Other financial assets are either assessed indNidually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are regnised immediately. to the extent that the reversal does not result in a carrwng amounl of the financial asset that exceeds what the carying amount would have been had the impainnent not previously been recognised. Defined contribution plans ContributiS to defined contrilwtion plar7s are rec(*3nised as an expense in the period In whlch the Telaled service is provided. Prepaid Contributions are recognised as an asset lo the extent that the prepayTnenl will lead to a feduction in future payments or a cash refund. When contributions are not expected to be setded wholly Ythhin 12 months of the end of the reporting date in which the employees render the related seNice. the liability is measvred on a discounted present value basis. The unwnding of the dis)Unt is rognISed as an expense in the period in which it arises. Limited by guarantae The company is a private company limited by guarantee and consequently does not have share capital. The members of the company are the Truslees named in the Trustees Report. In the event of the company being wound up. the liability in restErt of the guarantee is limi(ed lo £1 per member of the company. 11
Gairloch Community Hall Company Limited by Guarantse Notes to the Financial Ststements Year ended 31 July 2024 Donatlons and legacles Unrestricted Funds Restrted Total Funds Furmjs 2024 Donations Donations 2,259 2,259 Grants Grants receNable 32,531 33,031 2.759 32.531 35,2WJ Unstrted FUNIS Restricted Total Funds Funds 2023 Donations Donatn$ 2.275 2,744 Grants Grants receivable 6.790 6,075 3.459 9,534 Charitable activities Unrestrthd Funds Reslricle(J Total Funds Funds 2024 Hall lellings Chargecar EVC income SLsndry income 22,913 22.913 4,733 4.733 22,913 4,733 27,646 Unrestricted Funds Reslricled Total Funds Funds 2023 Hall lettings Chargecar EVC income Sundry income 20.312 20,312 2,613 2.613 21.177 2.613 23,790 Other tradlng a¢tlvltl68 Unreslricled Total Funds Unrestr1] Total Funds FurKIs 2024 Funds 2023 FuThlraisiro events 7.309 11,379 11.379 12
Galrloch Community Hall Company Limited by Guarantee Notes to the Financial Statements (conth Year ended 31 July 2024 Investment income Unrestricled Totsl Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest reCeiVae 445 445 127 127 Costs of raising donations and logacies Unrestricted Funds Restricted Total Funds Funds 2024 Wages and Salaries Pension costs EVC running costs Soup Luh Costs Light and Heat Repairs and Maintenance Insurance Legal and Professional Fees Licences Other offi Costs Depreciation Fundraising & Charitable Events Shop Rullning Costs 7.694 453 7.694 453 4,089 450 10,857 2,165 2.563 478 1,245 1,243 3,295 1.243 1.141 4.089 450 10.857 2.165 2.563 478 1,245 1,243 2,6 1.243 1.140 29,471 7.445 36,916 Unrestricted FurKfs Restricted Totsl Funds Funds 2023 Wages and Salaries Pension costs EVC running costs Soup Lunch Costs Light and Heal Repairs and Maintenance Insuran Legal and Professional Fees cen$ Other Office Costs Depreciation Fundraising & Charitable Events Shop Running Costs 6.976 420 6.976 420 3,601 656 9,647 2,582 2,755 585 561 650 3,741 6.025 755 3,601 9.647 2.582 2,755 585 561 650 512 6,025 756 3,228 31.469 7,485 38,954 13
Gairloch Community Hall Company Limited by Guarantee Notes to the Flnancial Statements (contthwdl Year ended 31 July 2024 10. Not In¢ome Net income is slated after chargi(<edIting}. 2024 2023 DeprKiation of lawible fued assets 3,296 3.741 11. Indop•ndwrt examlnatk>n f•08 2024 2023 Fee$ payable lo the irKlependenl examiner for.. Independent eXaMinatn of the financial statements 250 242 12. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows: 2024 2023 Wages and salar Employer ¢onlritrMJllons to pension plan$ 7.694 453 6.976 420 8.147 7,396 The average head count of empbyees durfng the year wa$ 1 (2023.. 1). No employee received employee benefits of mc*e than £60.000 during the year {2023.' NII). 13. Trustoo rwnun•ratlon and expons•8 No remuneration or olher benefrts from ernployThent vthh the ¢harty or a related enlity were receSved by the truslees 14
Gairloch Community Hall Company Limited by Guarantee Notes to the Financial Statements Year ended 31 July 2024 14. Tangible fix assets Freehold propety Plant and machinery Equipment Al 1 August 2023 Additions 222.316 6,464 23,418 49.206 294,940 6.464 At 31 July 2024 Depreciation At 1 August 2023 Charge for the year At 31 July2024 Carrying amount At 31 July 2024 At 31 July 2023 228.780 23.418 49,206 301.404 21,881 390 20,150 2,6 42,031 22.271 23,056 45.327 228,780 222,316 1.147 26,150 256,077 252.909 1,537 29,056 15. Debtors 2024 2023 Trade debtors Prepayments and accru&J income 3,074 16.976 2.322 4,375 20,050 6,697 16. Creditors: amounts falling due wlthln one year 2024 2023 Accruals and deferred income Soci81 security arKI other taxes Other creditors 1.346 2.346 35 4,500 3.000 4,346 6,881 17. Penslons and other post retlrement benefits Defined contribution plans The amount recognised in income or experKltbJre as an expense in relation to defined contribution plans vras £45312023.- £420). 15
Gairloch Community Hall Company Limited by Guarantee Notes to the Financial Ststements fconllnu•dJ Year ended 31 July 2024 18. Analysls of charttable funds Unrestricted funds Al 1 August 2023 Irwme Expenditure Transfers 31 July 2024 General funds 238.074 33.426 129.471) 20.684 262.713 At 1 August 2022 At Transfers 31 July 2023 Income Expenditure General funds 230,785 38,758 {31,469) 238.074 RtrICI funds At l August 2023 Income At 31 July 2024 Exp8nditure Transfers Under One Roof Fund Electric Vehlcle Charger Wheelchalrs No 8arrier Soup Lunches AirsoLsrce Healpump Floor Refurb 19.964 33,618 2,976 2.803 19,964 31,356 2,976 2,353 11,847 4.733 {6,995) (450) 27,031 115.1841 15,500) Total At 1 August 2022 Income At 31 July 2023 Expendlture Transfers UrKler One Roof Fund Electric Vehlde Charger Wheelchairs Are No Barrier Soup Lunches 19.964 37,834 2,976 19,964 33,618 2,976 2,803 2,613 (6,829) 3,4Sg 1656) Total Under One Rty)f FurKI Major repalrg and renovalv?n$ to hall r(M)f Electric Vehicle Charger Provision of electr vehIe dwrger unil in hall car park for use by the communlty and wsrtors Wheelchalrs Are No B8Trler Easing the provisK)n of h811 f8cilities to all users SP Lunches Assistance with cost of Irving crisls Airsource Healpump Replac8menl of heating system Floor Refurb Refurbtshment of ficx)r in hall
Gairloch Community Hall Company Limited by Guarantee Notes to the Flnancial Statements [t Year ended 31 July 2024 19. Analysls of net assets botwe•n fund$ Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 229.927 37.132 {4,346} 262,713 26,11 42,346 256,077 79,478 14,3461 331,209 68.4 Unrestricted Funds Reslriclgj Total Funds Fsjnds 2023 Tangible fixed assets Current assets Creditors less than 1 year Ngt assets 223,854 21,103 16,8821 238,075 29.055 30.305 252,909 51,408 16,882} 297,435 59.360 17
Gairloch Community Hall Company Limited by Guarantee Detailed Statsment of Financial Activitles Year ended 31 July 2024 2024 2023 In¢omo and andowmonls Donations •nd1ogacies Donations Grants receivable 2.259 33.031 2.744 6.790 35,290 9.534 Charltable a¢tlvltle8 Hall bettings Charge¢ar EVC Income Sundry income 22,913 4,733 20,312 2,613 865 27.648 23.7 Othèr tradlng actlvltl Fundraising event$ Inv•8tment Income Bank interest receivable 11,379 445 127 Totol Incom• 70,690 44.830 Exp•ndltur• C08t8 of ralslng donatlons and109acl•s Wages and salaries Penslon Costs Rent Rates and water Light and heat Repairs and maintenance Insurance Legal and professional fees Telephone Other office ¢o$l$ Depreciation Fundraising & Charitable Events Shop running costs 7.694 453 4.089 450 10,857 2,165 12,563) 478 1,245 1,243 3,295 1.243 1.141 6,976 420 3,601 656 9.647 2.582 {2.7551 585 561 650 3.741 6,025 755 36,916 38,954 Total expendlture 36,916 38,954 Net Income 33,774 5,876 18