THE ALNESS COMMUNITY ASSOCIATION LIMITED UNALIDITEO FINANCNL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 COMPANY REGISTRATION.. SC128982 (SCOTLANDI CHARITY NUMBER.. SC007744
THEALNESS COMMLINITY ASSOCIATION LIMifED OFFICERS ANO ADVISORS Tru•tee Mr8 S Spsnc¢ Ireslgned April 20251 MASwanson Mr M D Slainke Mrn C E M¢into$h R8verend H R Mc4nally-Adalr Ms R Patienc rws Mdeod Mr l F Bumett M8RARo$$ Dr J A Holmes lappoinled May 2025) Mr D Antkn (appolnted May 2025) M8 J R DanrS {8ppolnt8d Moy 2025) Mrs J Mwell18ppoint&d May 2025) Miss S E Mènzie (appolnted May 2025} Mr B Wweovor (appointsd May 2L125) Mr56 A M W180n Chair (appointed May 2025) Company Sec¥•tsry Mr6 M A Swanson {rèslgned 15 May 2025) Dr J A Holmes (appointed 15 May 2025) Indep•ndent Ex•mln•r Stephen Il•tt LLB CTA DipPFS Leg9att¥ Ac¢ountsnls Ltd Kempfield Court Dingw¥ll Ros$-Shir8 IV15 9RT eanke Royal Bank ofScotL7nd 53 Hlgh Stre AlsS Ross1r8 IV17 OSH 8ollcltor• Mk1dl•ton Ros$ &Afnot IAan$efield HouBe 7Hlgh Street Dingwall Ro8s-Shir8 IV15 9HJ
THE ALNess COMMUNITY A88OCIATION LIMITED Tru818, report Ind?Fendont ExamM)erf8 report Stslem8nt offinancAal #Cli1$ Ilncorpotallrg Income and expendtture ac0)) 8alanrL sheèt Noles to the finanrial st•tenwnts Detalled statement offinandal acIrtIeS 9-2f
THE ALNE88 COMMUNITY A380CIATJON LIMfTeD TRU8TEE8' REPORT FOR TNe YEAR ENDED 31 JULY 2026 Th*lru5tees. who are al$odirectorB efthe thority for tepuoI¥ ofthe Companiès Act 20CE. Prent theirpOrtwiththefinanelI statement$ ofthe¢harity for th& year ended31 July 2025 OBJECTIV£8 AND ACTIVrnE8 The ob1Ve5 01 the chanty are to wJmot8, for the bpnefit of thtt community ofAlness and dr8trr¢ t •Jvancernent of educab, woteetion of good health and Mltel of verty by as5?ng wrth voluntsry organisalrons in the neighbourhoc¥l and cA>operating local statutory authorities in the Maintenan and monagemont ofthe Herrtage Cèntro. Perrins Centre gnd Cravl Park. ACHIEVEMENT8 & PERFORMANCE th the ¥tnJctural i88u98 of tho building still outstandin9. Ihis ha8 vèry much been 8 yèar of transillon for the ACA. rhe Herita0• Centre rernalned ¢k)$8d, and rnany aetivth"e$ cèase(I other than the publle8tion of our ¢ommunlty newspaper th8 ADT. the hrre of the Community minibu$ and evtrnts in our garden¥. An appeal for Directorn in th? 8prin9tlme added n•w m6rnber¥ to the B08rd which boosted not only aur members but our skllls and •xperienc•. Targe sUC9mmittee$ were Bet up including Fundraislng, ADT, Mlnibu8. ¥N•b8ite 8nd Social8 and this Allovnd a mor8 focv8ed aFvroach to our activiti. A crowdfvndlng campaign was stsrted to gam¥r community sUppt for thè Centre, and v also undertook a numbor of knndr•ising a1¢$ 8u¢h as tombolos and raffles. Vve registerèd with HMRC to allow us to reclalm Grft Aid on donations recetved. We V4pr¢ ablè to Claim retrospectively a8 far back 88 2022_2023 and in our first claim in October 2024 we received £890_13 gift ard On donath'ons plus £34.92 inteièst. Our second claim was made on the 21 April 2025, and received £2,591.91 91ft aid on donations plus £27.75 interèst. We hgve now completed Gift Ald Dedarations fr¥r all Glft Aid rn¢lalmed wth the excepb'on of the "onè oif donations. Looknng fomard to 2026. our D1CtOrS wll be looklng at variou¥ funding opportunrti'e$ to enable the completion of 8tructural repairs to the build4ng and othor such projects to se¢ur8 the futu of the ACA. as well aB the possrbility of rawlTrg ? full-tin8 m•mb6r of staff to overs thè day-to-day Nnning ofthe Heritage Centrg. Wts arè as always thankful to ryjr dedicatsd and loyal group of volunteers and to the wldgr community fer their contlnued support.
THE ALNE88 COMMUNITY ASSOCIATION LIMITED TRUSTEES. REPORT FOR THe YEAR ENDED 31 JULY 2D25 FINANCIAL REVIEW lftv•8tm•nt pollcy and obJ•ctlv•• The trustees are ab lo Inv¢st and deal wrth monies not Immodl8lely required as they consider OPPTOIKi8t&. Current year perfomianc• In )Inanoal terms, this year, th& ¢h8rlty received Income of £119,876 12024 . £76,619), I1l)Me from ¢h8rilable 8¢twill•s was £59.72912024- £63,877). During the year the ch8rfty Incurred exndItUre of £81,35412024- £81,804). Cosl of sales for Ih shop was £8.74912024- £3,452). Overall tho charity incurred a ¥urplu8 of £38,52412024- deficit £4,985} IherefNe, when added lo the Morvos ht lo8Td totsl reseeS compri68 £501,C6012024- £462,536) with£12.C02 12024- £9.4891 boing rèstrictej and£489.058 {2024- £453,Ck17) unrestricfed. Re•erve• Polley ThB trustees have examined the requlr•mènt for frée reseryes which aw those unrestiicted fvnds not [twtod In flxed a889ts. d8Stgnated for swciffc purpos9$ or otherwise committed. The trust885 conslderthat, gen ihe nature of ourwork, this should be adequate working capital forthe nextthree Kjnths. Unrestricted funds were maifitsinÈd at or above this level Ihrgughoul the year and are eXpted tobe adequate to wer thls In the year tocome. On 15 August 2025. thè Trustees have confimed Ihal Ihgre is rnon¥y held sepwately lor the Wor Memorial. Development Officer and Tollel Upgrade. These amounts will n¢)w bo In¢ludgd In unrÈ$trided fvnds going trnrd. Golng concern Thg trusts$s have Cr8]8( ¥ perfod of tsveTve months Irn the date of Iheir8pproval olthefin8ncl statemerrts and. taking into account the net asset pc6iJon and expected luture iOm0, and with regards to iheir concems re ftrture funding, Ihèy consKl8r rt approprkqte toprepare the finan¢i81 Statsmonls onthtrgoing ¢onc¥m b8$I$. The trihtees are 6atisfied that I) B rLlhry 7A• aff¥¢t the charitab ¢omp8ny's abilty to continue a5 @golng concErn andthisba6isisapproprialo forthew¢p8roln oftheaccounls. Futyr pl•n• In Ine with th? th¥Tiiies objedivo$ thè ACA hope to contribute meaningknmy to th¥ communlty of Aln&$$ 8nd $LPPtsrt loc41 organisation$ and the people of Alness where it can. Efforts will continue to be made lo raise funds from donations and granl funding to rnaintsin ltr fabri¢ #nd promlnence of tho Heritag¢ cen 8uilding ACA hope to rai funds from ?¥l¥blish8d souictrs as wtrll as exploring new fund raisiThJ OppUnitpe8 to alkpw for continued $upport f¢Y th* local communrty and build upon the positive aehlovèmÈntÈ of recent ye8f8. As 01 Charit$ and buBines8e8 continue to navigate through post Covid envfironm8nt the ACA will kxjk to Wb8ure statrflty for Ihe Char 08 weu 86 offer 8UPPOrt to the Ial communty al lar90.
TfrIFALNE88 COMMUNITY ASSOCIATION UMITED TRUSTEES, REPORT FOR THE YEAR ENDED 31 JULY 2025 STRLICTURE. GOVERNAMCE AND MANAOEMEIIT Govemlng AJn•a# Community Asgoclation Limited is a ch8ritsble Company. Ilmited ty guaTrnt8¢. which WAS incorpor¥t•d on 11 D9rnr 1990. The charity was e9tsbllsh by z Mgmor8ndum tsf As8rtiBlitin whith èstabllshed the ot4ect8 and powers of the tharity and is gov•med undgr it¥ Ar119$ of ABsociation. Inthe event oflhe tharity b•irYJ wound up, theliability tn of the guarantee L8 limiknfj to £1 per member ofthe tharity. R•erultm•nt and •ppolntm•nl ol new tru•tee• ThèAibcl?s ofA8$i?t1on r8qUlfa8 Ihatthecharfty ha6 a minimum ofthreelw5tees, and a maximwn of fffteen, atany onetime. Tru8tse$8r•normty appolnted atlheAnnual General Meetin9. 0ry8nl•atlon•l •tYu¢tur• Th¢ mana9emen¢ stru¢tstre ¢omprl8es the Chairperson, Mi$6 A M Wlson. Vica Chalr Reverend H R M¢JnaNy-Adair, and Treasurer. M8 R A Ro$$. All three have shared In the role of sup6151n9 Iho work of the Centre along wih Ms Reay Ros5 arKI tho a85iBtaKe of the trvstees8ndvolunt••rs. Voluntsry hP Th& tru81e•$ are grattrfvlto tMvolunt¢er8 who k6ndly glve upthelrtiTh to 8S8lst In th runnlng of tho company. Rl•k M•n•g•m•nt The Board regulaty revlew8 the malor risks lo whl¢h the ¢harlty 19 oxpo6•(J. Prln¢lp•l Yl•k8 and uncertalntl•8 finan¢i81 enmronment continws t¢ be thallen9ing. The organi¥ation i# aware of the need to keep o tl9hlconlrol of costs. It has been noted that plans need to be put in place wSth regard to th• long-t•mi repl8¢ement of the minbS. The ACA would like to in¢xease th• rnernber8hip ol the Boord of Twu¥te¢$ as there is ahY8ys an ongoing needtok•opthèoroanisation fr•shandto ttontinue to r•vlewthtsgeneral direction of travd. Th8 trustoè8 who sgrvedth? charilablg company during Iheyear and uplolhed•l* that Iho finan¢ial stAtements were approved are listed onlhe officers and 8dvi¥or8 pa9e. REFERENCE ANO ADMINISTRATIVE DETAIL8 Regl8ter•d Company numb•r SC128982 ReglBtgrod Charlty numbèr SC007744 Règl•t•r•d affice 102-106 High Street AJn• IV17 OSG
THE ALNESS COMMUNITY ASSOCIATION LIMITED TRUSTEES. REPORT FOR THE YEAR ENDED 31 JULY 2025 Statement of Trustees. Responsibllltles The trustees are responsible for PTep8ring the Trustees, Report and the fin8ncial statements in accordance with applicable law and Uni18d Kingdom Accounting Standards {United Kingdryn Generolly Accepted Accounting Practice). Statement ot Trnslo09' Responsibllltles contlnued Company law requires the trustees to prepare financial statements for each finan¢kql year which give tfue and fair view of the state of affairs of the chafilable company and of the income and expenditure of the charitab18 company for that period. In preparing Ihose financial stateThs, the Irustees are required to: select suitable accounting policies and then apply them consistenlty., observe the melhcKls and principles in the Charity SORP. make judgements and estimate5 thal are reasonable and pruden( statewhether applicable UKAccounting Standards have been followed $ubFcl toany material departures disclosed and explained in the financial statements, and., prepare the financial statements on the going con¢em basis unless rl is inappropriate to presume thal the charty will continue in business. The trustses are responsible for keeping adequate accounting records which dtsdose with reasonable accuracy al any time the financial F)O$ition of the charity and to enable them to ensure that the financial statements ¢omply with the Charities and Trustee Investrnent Iscodand) Act 2005, the Charities Accounts Iscodandl Regulations 2006 las amended) and the provisions of the charity's on5tilution. They are also pOnSIble for safeguarding the assets of the charity and hence for taking asOnable $leps forthe prevents'on and detects)n offraud and olher irregularth'e5. The trustees are responsible foi the maintenance and integrity of the charity and financial information in¢luded ort the charity's website. Legislation in the United Kingdom governing Ihe preparation and dissemination of financial statements may differ from legislation in olher jurisdicty'ons. Apwoved by order of the bjard oftrustees on 7MJlThl,- 23rjCkn¥wb2f8nd signed on its tehalf by.. Miss A M Wilsors - Chairperson
rHE ALMESS COMMUNITh A&80CIATION LifiATED INDEPENDENT EXAMINER'S REPORT TO THE MEMBER8 OF TPIE ALNE88 CQMMUNITY ASSOCIA710N UMITEO FOR THE YEAR ENDED 31 JULY 2026 I report on the accounts forth? year •nded 31 Juty 2025 $?1 oul on pages sixlofyventy or. This r¢Trport is mode $ol•ty to the charity's Irustees, as a body, in accordance v+ith sectlon 44111 (Cl of Iha CharltlÈ8 and Tru8tge Investment (Scotlandl A¢t2005. My examination h9$ been undertakn 80 that I might state to the ch8rity'$ twstees thosè matters l am requirtd to state to them in an independgnt eMIne8 rBPOrt an(J for no olher purp. To th8 fullast éxtent Femiltt8d by law, I do not accept or assume responsitiilty lo anyoneotherlhan the chanty and the char¢ty'B trustees as a boty, for my èxarination. for Ihls report, 01 for the opinlons I have fOrffd. R•SPtIVe re•pon•lbllltkn8 of tru8t••g and •Mamln•r The charitys trustees are SpOnSib for the prep8rntion ofthe aUnts in accordan with th&tems of the cha110$ and Trust Inveslrnent (Scotlandl Acl 2005 and Ihe Charilles Accounts IS¢oll8ndl Regulatlon8 2006 (as amended}. The charthls trusleo3 consider that the 8udii requirement of RegulaOn 10111 {al to lel oflhe 2006 Accounts Regu13tion5 las amtrndedl does not apply. It 1$ my responsibility to tre xcounts as required under Secllon 44111 lel gf ihg 20C6 Act arrtl to B¢a whtriher particular rnatters have corne to our attention. s1 of th• Ind•p•nd•nt •xomlnerf• report My ex8mln8tiOn Was out in awArd8nce wth Règulation 11 of the Charitw Acthunts IScDUandl Regulations 20C6 las amènded). Anox¥minalion includ88 a raviewof tha aeCOLFnting r0Skèpt by Ihfr eharfty and a comparfion of the accgunts presented wlh ihose recordg. It also Indude¥ consid•rnknn olany unuBual ftems or diÉdosures in the acwunts. and $eekiThJ eXanaOn$ from you astrusto ¢onc•ming any such matter8. The procedures und¢rt8ken do notprovide 811 the evidence that would be requlred in an 8udrt. and consequently I do not express an audit opiNon on thè view given by th• accounts. Independent examlnÈrf l•tsment In connectton wrth our exgrnlnation, no matter ha8 com?to our ottntron'. which giv¢$ me feasonablè caus•ttsbBli?ve that, in any material re8peet, the requirement$ to keep accounting r8cord8 in8c£ordance wrth SècthM 44{1}la) ofthe20D5Ad and Regulation 4 olthe 2CKJ6 Acwuwrts Rggulatlons las amended).. and toprtp8fe accounts which ?ordtthe8Cunt1ry rerx*rds 8nd¢ompty t Règulation 8 of the 2006 A¢UnIS Re9ul8tion¥ (93 gmendedl. have not boen met., or 121 to which, In my Dpinion. Bttentlon should be drawn in order to enab a prDFer LrTrYerstanding of Ihe accounts to be re8¢he(l. Pmor perlod •rrors have been corFected in thè 8ndcurrent accounts ¢orrectly T•flect Ihe po¥ltlon of the ch8rSty stephen Ilatt LL8 CTA DlpPFS Loggatts Account•nt$ Ltd KempfS•ld Couri Dingwall Ro$8-Shire IV15 9RT
TrIEALNESS COMMUNITY ASSOCIATION LIMITED STATEMENT OF FINANCIALACTIVITIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 JULY 2025 Note Unrestrlcted Restrfcted Funds Fund5 Totsl Funds 2025 Total Funds 2024 Income anql endowments fiom: Donations and legacies Othei tTadingactfvltes Chaiitable actlvty Investment income 50.911 5,798 59.729 3,000 53.911 5,798 $9.729 440 9.671 2.888 63,877 183 116.878 3,000 119.878 76.619 Expendlture on.. Raislng funds Charltable actlvlty 6,749 74,118 6,749 74,605 3,452 78.152 80,867 81,354 81,604 Net Incomel(Expendlturel 36,011 2,513 38,524 (4,985) Reconclllatlon olfunds: Total funds brought forward 462.536 462.536 467,521 Totslfvnds carrfed forward 16 498,547 2.513 S01,IJ60 462,536 The Company has no re¢ognised gains or losses otherthan the results forthe curientor prevlous year as set out above. ALiofthe acttvlites ofthe Company are classe5 as continuing. The notss on pages 910 21 fomi part ofthe Ilnanclal statements.
THE ALNESS COMMUNITY ASSOCIATION LIMITED BALANCE SHEET ASAT31JULY2025 2025 2024 Note Flxed Assets Tangible assets 12 425,931 398.070 Current Assets Stock Debtors and prepayments Cashatbankand In hand 1.977 7,774 68,267 4,987 10.059 53.192 78,018 68,238 CredltOTS: amounts falllngdue wlthln one year (2,8891 3.7721 Net current assets 75,129 64,466 Totsl asstts less cwient Uablllles 501.060 462.536 Net ossets 501,060 462.536 Represenled by. General fund 219.117 184.741 Designated Funds: Herltage Centre 269,941 268.306 Restrlcted Funds; Mlnibus War Memorial 2,513 5.989 2.600 1,000 5,989 2,500 1.000 Development Officer Toilet Upgrade 12,002 9.489 Total Funds 501,060 462.536
THE ALNE8S COMMUNITY ASSOCIATION UMITEO BALANCE SHE ICONTfNuÈDI AS AT 31 JULY 2025 For th? financial year in question th• eomp8ny was entfflbd to exemption under $OGt1 477 01 the Companies Act 2006 rglaling to small comp¥nie8. No members have r¢quired the company to oblain an audit oflt8 accounts forlhe year in que¥tson in 8e¢ord8nce wrfh Ioelfjon 476 ofth$ Companles Act 2006. Tha Irustees ackn?d9e thelr responsibllty forcomplying with the requirements of the Act wrfh respect to oecounting ffjcords and for the prepaTrtion ofac¢ounls. accounts havè been prepared in accord•nce tho provlslon$ applicablè to companies iubj'ect to the small companies. rggim•. The financial statements We oulhoris•d for i88ue by the Board on and arè gned on its behaw by.. 23rJ OacohtrJJ2ts 2ozf 6$ A M Wlson- Chairper8on Company regSgtratlon number: SC128982 Chadty nUMr. SC007744 The note3 on pages 9 to 21 form p•rt of Ihese flnancto18tstements.
ThE ALXESS COMMUNITY ASSOCIATION UMITED NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 JULY 2025 GENERAL INFORMATION Th$s• fnaneial statsrnenLs awe prSent in pound8 aterting IGBPI a¥ that Is the cuF¥8ncy In which the eh8ritable company's transaction8 8r6 denomin¥lgd. They compriBé th• finanri81 Statement8 of the thoritoble company drawn up for the yèar ended 31 JY 2025. The principal activty of Th8 Alne$8 Communty As8otyalon Llmrted can be found In the Roport of the TruBtee8. Thé Aln•ss Cornmvnity A8$¢éAllon Llmtted is a wnpany limited by guorarrtee irated In the Unit•d knngdom and registered in Swlland. It is reCtnIsed as charitsble c(mpany for tsx purposes by HMRC And Is re9lSteTed wilh the Offlce of the Scvttish Charty Regulator IOSCRI under chaiity number SC007744. In the event of the windlng up ol th? charilable eomparry 4 member Is liable lo contribuk a sum not exc•oding £1. Details of th8 registered offitè can be found in the Report ofthe Trustec8. ACCOUNTING POUCIES BMI• of prwr•llèn Th? finondal stsièrnènts have been prepared urder the historical COBt conveniion unkss OtheLge $pea'fièd within t¢ acuuntino polides and in accordance with United Kingdom knounting Slandards. induding Flnancial Reporb'ng Standarrl 102. 'Th& Flnaniol ReporbThJ Standard applicatrlg in thè un lfjngdom and Rewbli¢ of IrelBnd' r'FRS 1W2"1 Iunited Kingdyn Gener¥lty Accepted Actounting Pradleel, the Statement of Recornmended PrAetice ISORPI 'Ac¢ounting Reporing by Charities preparing thoir a¢UN In a¢[danCe with thè Fin8ncS&l Repo.n9 Standard appIlble in the UK a1 Republic of Irèland IFRS 1021,. th9 Cornpanie5 Act 2008, the Charitits Bnd Trustee Investment Iscotlandl Act 2Q)5 arKlthèChèrities AUnts Iscullandl Regul8bons 2Q lasamendedl. The Alnets Community As8odotion knmited meets the definition ol 8 pthlt benefit enty uTrJgr FRS 102. Assets and lialy"libes are inttlally recognlsed at historical cost unless otherwi$è$tated inthefelevarrt nting poliw. The pryration ol finawol $tstem6nts requlre5 the use ot ¢rtain (vllkal accounts.ng •th"mates, It also requirès trustèts to extreise their Iutjgemenl in th? pro¢ess ol applylro the 8rxountirvJ policles. Use of avail4bl• infomation anfl applicallon of judgement ar• inh•r•nt in the formbtion of eslimales. AUal outcornes in lh¢ futuro could differ frDm such eslimes. Thg grgas involving a high•r d•w•• ol judgemènt or compléxity, orareas where as6UTnptiDns and •stlmates are signifiwt to the flnanclal Statements are disdosed in note 3. The prtnripal ?¢tIng poli$ applied in the prep8ration of thesè finanial 8tat8ments are noted below. These pdide8 have been applied con$istentty to all the years presented in dealing with item$ vthieh are con$bdered rneri81 in relation to the charitJt4e company's firtanoal statsments unl8$5 oth•rwis• 8tat•d. Going ¢an¢•m The charltsble company reported A surplus of £38.524 during the y¢aT ended 31 Juty 2025. At the 31 Juty 2025 ovefall Ihe net cwrent assets and nd a$$etg had a surplu6 of £75,129 and t501,080 r•spectivdy. The Irustees havo ccy)$Klered 8 perfod 0fe1Ve months fromthe date 0fthr apprcp481 ofthÈfin8ncA81 statements 8nd. tsking g¢Yount th¢ Charis net asset position and pected fUre iwKryne, aTrJ with regards to their concem5 re futufe fLmdlrvJ. they con8hl8r happropriate to prepar¢ thg flnAW81 Statements on tha going ¢oncarn basls.
THE ALNESS COMMUNITY ASSOCIATION LIMITED NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 ACCOUNTING POLICIES ICONTINUEDI Golng concom Icontlnufrd) The trustees are salisfied that Yr• ore no evenis vh¥rh offrct thp Chaibtsti e4JmpAr)y's •bility to ¢onllNe 88 a qoing Thcern And th$ ba¥1$ 1$ appropriate for the preparatign of the aecountg. In¢omtr recognitbon Income is Induded inthe Statement of Flnancl81 Acllvitles when the charity entitled tothe Income, h18 probable thallhe economic benefits 8ssoc48ted wtth Ihe Iransaclon wll flow to the charity and the amounl ean be reliobty m•asur¢d. The folknbmng SP•Ctfi¢ pcliu•$ arè#ppli•d to particulai cat•goiiès OfInme.. Donatltsno Donafions ar• induded in full inlhe St8tementof Finoncial Adivrtieswh&n receivable. Grants, whor• •ntiti¢menl IB noto)ndltionalon th• d8li¥ery of a 8perific perforrnancg by the charity. arè rotrynised when thè Charity becomes nndItiOnS1 èntrtitd to thè grant_ Grant income, where relatèd to p•rfomiane and speL?fic EltrThvgrable5. 15 orrounted for as the tharity eams the iighl to wi¥idernlon by rfOrn¢?. Income from oth•rtsadlng •¢tlvttle8 Ircom¢ ratsed trrm fvndra6slng ac¥vilOès commi$sord ¥li¥ths are cr•Yited in full in rRrlcJ in whrth thg event tkn pla. Other income is recognised as income in the period in whK the amounts are recelvod. Expendlture recognltlon Expenditu 18 recognised on an basis as a Ilablity 1$ incutrtrd. Exp8ndMufe includfrs VAT. Costs olr81sing fund6 Compii8e thecosts asseciated with attrading vduntary in¢omg. Charilabk expenditure compri6e6 those costs Ineurr•d by thè ch8rty in the d1very of rt8 8Ctivitse8 a1 Se1¢e$ lor 11$ benefiana8. It include5 both costs that can beallocated directty to such activili•5 and those costs of an inthrect nature necè$##ry to support Ihem. Goveman( costs includ• thosé cos18 a$souated me8tino Ihe con6titutional •rtd statutory requIrents of thtr ch8rlty, and kndude fee8 and ¢osl$ linked to th8 5trats9i¢ managen*nt tsfthè chthrty. T•nglble red at$ Tangible reda$Set$afo¥thIfjd 8lhl8toiil cOBtlea(Cunlated dèprety•Uon and any accumyl•ted wnpairment losses. Deprgc1alic is provided at Ihe followSng annual rates inorder towrile off the 51 of eachass•t. les8 its e8timated residual valu•. ov•r itsestim8ted useftjl econ0n¢ Irf¢ on Ihefollowing b8si$'. - Land & prwrty Perrins C•ntr• Fittlng8 & eouiprn?nt Motor vehides CompLJter equlpme - 2% on cost -2%0$t - 25% on reducing balance and 20% on reducrng bBlan - 25% on reducln9 balanc• - 33% on cost On 9 April 1991, various 88Jet8 were trAnsferred to the charity. Induding Crawl Park playing fields. These have W ineluded in the finanal ¥tslement8 at rKJ value Thetruste85 are &waf• that thi5 IS departurefrom accounting Standards whlch requlre assets which are tJ¢nated to be recognised vthin the finandal staternonts at marketvaluè but feel an appmpriat• Yalue cannot be ascert8lne¢ wbthDuI Inrno ¥ignifKant Cost Stocks a vald atthe Icwèrof¢o?14nd nelreallBabte voluts. •ftormaking dueallrrN8nce for cO¥olote aThJ skn¥ moving items. Co¥t compriseg dl direct •xp•nditure inCue In Inging #tock lo its current locatlon and condkn'on. 10
THE ALNESS COAWU141TY ASSOCIATION UMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2025 ACCOUNTIt4G POLICIES {CONTINUED) Taxation The company is a charfty 1$ rncoJnised as 6vch by HM Revenue andCustOTn6 tstaxalion rposes. Ab a resutt. there ig no liabilrty to taxation on ony of ts inme. Fund •c¢ountlng Unrestrtct•d funds can bo used in accordancè vmth thg chafltablè ofy'¢¢tiv$ atthe discretion olthe tru8t88s. D•slgnatod ftJnd8 are funds whh are set aside atthe di8uetion of the trustees for spetific pu13•5. R88lrict8d fund8 ¢an only be used loro particular re8lricted purpo8e within the objects of the charity. RestriGliona artse whèn $perAfied by the donor or when funds ar8 r8i&ed for particular restricted purpo8e8. Further explanlon ofthe nature and PUTP08e of each fund 18 indudgd in the not88 to the finanuAI 8tments. Flnancithl in•trumenl• Th thBrity onty enters inlo basic financial in8tTument tron8QCtions thèt In the reeognition of finBncial as8ets and liobilitie8 such 88 trade And other debt0 And credtstor8. D•btorn Short teim debtors arn me88ured atthetransadion price l?58 any Impalmnt CBh and cash equlvl•nis Cash al bank and in hand include8 cash and ahort term hi9hty liquid deposits with a short matltrity of Iwelve months or le$$ from thè datè of opening of the deposit or similar a¢covnt. Crndltorn Short tewm trade creditors ar• mg¥$ured atthetranu¢tion wk¢. Judg•m•nts in 4pplylng pollcl•• and k•y •ourc•8 of •stlm•tlon uncertalnty In preparing the financial s&itemeM$, iru$tee6 are ra4radio make e8timate8 and 888umption$ whith aff8(a reportéd nMe. ews¢s, •8Sets and 11obilrb'es. U58 of available Inlormation and applicabon of judgementwe inhèrènt in the fomation ofthe e5ts"mates, together with Pa8texpnc and expect8tion$ of future evènts that are balièved to be reasonablg under the rArcumstancès. A¢tU81 resutt$ in thefirturn o)¢Jld differ from Such estimates. Thg Trustee8 are 88ti8figd thatthe occnts'n9 pollcles afe opwopriat8 and applied ¢on$tslently. Key sourees ofostimation have appllad tothe depreciatN)n rates and a¢c¥uals. The estlmate of8ccrualB is deemed to be #ppropriat• dutrio management's understanding olits liabi1it4es atth¥ y?¥ren¢Y. Thè d?precl&tion ratel 4re deemod to bo approprfate based on the exp•et•d useful kves fore8¢h clas• of A$¥gt.
THE ALNESSCOMMUNITY ASSOCIATION LIMITED NOTES TOTHE FINANCIALSTATEMENTS FOR THEYEAR ENDEO 31JULY2025 3. DONATIONS AND LEGACIES INCOME Unrèstfl¢ted Funds Rèstrlcted Total Funds 2025 Funds Donations Revenue Grants 3.000 32.6fj6 21.245 21245 50,911 3.000 51911 Unte5trfcled Funds Restrlcted Funds Toial Fund5 Donations Revenue Grants 1,703 1.703 9,671 9,671 Inclu(ied in donations is £25,000 which was recelved and used toward5 the purchase of the new mlnibvs. INCOME FROM OTHER TRADING ACTIVITIES Unresiritled Funds Restricted Funds ToialFunds Fundraising 5.798 5.798 Unrestilctsd Fvnds Restrlcted Funds Total Funds 2024 Fundraising 2.888 2,888 12
THE AiNESS COMMUNITY ASSOCIATION LIMITED NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED31JULY2025 Unrestrlcted Funds ReStrt8d Funds Total Funds 5 INCOME FROM CHARITABLEAcmiiTIES New5paperaThJ pflntlng Income her income Heriiage Centre shop sales Advertlslng Galn on sale of mlnlbus Rent and letg 15,247 379 1S.247 379 9.907 75 155 9,907 75 155 33,966 33.966 59.729 59,729 Unresirlcwd Funds Restrlcted Funds Total Fd$ Newspaperand prlntlng Incorne Other income Herltage Centre shop sales Ad¥ertlslne Gain on sale of minibu5 Rent and lets 14.305 1.035 16,944 518 14.305 1,035 16.944 518 31,075 31,075 63.877 Unrestricted Funds Restried Funds Total Funds 6 IL41SING FUNDS EXPENDITURE Opening stock Purchases closlng stock 4.967 3,739 {1,9771 4.987 3,739 1.977 8,749 6,749 Unr•Mrlctsd Funds R•strl¢t•d Funds Tot Funds Openlng stock Purcha5e5 Closlngstock 2.622 5,817 14.997) 2,622 5,817 14.9871 3,4S2 3,452 13
THE ALNESS COMMUNITY ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2025 7. Challtabie Actlvltles Expendlture Unrestrlcled Fund$ Restrlcted Funds Totsl Funds Mote Newspaper & pftnting costs Repalrs & ma¢nlenance Light, heat & telephone Post. wlnl & stationory Herftsgo costs Rates & Insurance 11,284 5.089 18.626 2,938 128 11,264 5,089 18,626 2,938 128 2.215 75 2,215 75 Advertising & websrte DepcIatIOn Dues & 8th8CfipUo Contracts Bank charges Minibus expenses Sundry Support costs 26.913 111 147 26,913 111 147 480 480 5.005 221 1.393 4,518 221 1,393 74,118 487 74.605 Uniestrlcled Funds Restrirfed Funds Tolal Funds Newsp•w & prinling costs Repairs & maintenance Llghl, heat & telephone Post, prinl & statlonery Hentage costs Rale5 & Insurance Ad¥tiSing & Y•*bsite Depr8ciatlon Dues & $ubscriptM)ns Contracts 11.839 7.384 22,957 3.463 670 11,639 7.384 22.957 3,483 670 3,643 265 3.643 265 15,621 217 15,821 217 3,105 70 6,614 1.561 3,105 70 6,614 1,561 943 Bank charges Minibus expenses Sundry Support eosts 78.152 78,152 14
THE ALNESS COMMUNrrY ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31JULY2025 8 SUPPORT COSTSIGOVERNANCE COSTS Unrestrlcted Funds Restrlcled Funds Total Funds Accountancy Piofes5ional fees 1.320 1,320 73 1.393 1.393 Unre51rlcted Funds Restilcted Funds Total Funds Accountsncy Professional lees 888 55 9 TRUSTEE REMUNERATION AND BENEFITS There were no tTUStee's remuneration or Oiher benellts pald foi the yearen(led 31 July 2025 nor lorihe yearendeLI 31 July 2024. Tiustee Expenses There were no trustee's expenses paid for the yeai ended 31 july 2025 nor forthe year ended 31 July2024. 10 EMPLOYEES There were no employees durlngthe yearended 31 July2025 norforthe year ende(J 31 July2024. 15
THE ALNESS COMMUNITY ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 11 COMPARATIVES FOR THE STATEMEMT OF FINANCIAL ACTIVITIES Unresiricted Funds Restrfded Funds Total Funds INCOME AND ENDOWMENTS FROM Donation and legacles OthertTading activlties Charitable actlvity Investment income 9.671 2.888 63.877 183 9.671 2,888 63.877 Total Income 76.619 76.619 EXPENDITURE ON.. Ralslngfunds Charitable activities 3.452 78.152 3,452 78.152 Total expendrture 81.604 81,604 NET EXPENDITURE 14,9851 14,9851 RECONCILIATION OF FUNDS Toial funds broughtforward 467.521 467,521 TOTAL FUNDS CARRIED FORWARD 462.536 462.536 16
THE ALNESS COMMUNITY ASSOCIATION LIMITED NOTESTOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31JULY2025 12. TANGIBLE FIXEDASSEtS Land & Property Perrlns Centr¢ Fittlngs & Equlpnenl Cost AI IAugust 2024 Addltlons Dlsposais 432.436 170.234 108.907 Al 31 July2025 432.436 170234 108,907 DepTeclatlon At IAugust 2024 Charge foryear On Olsposal 164,756 8.649 104.088 963 3.405 At 31 Juty 2025 173,405 48,869 105,051 Net Book Value At31 july 2025 259,031 121.365 At 31 luly2024 267,680 124,770 4,819 Cornputer Equlpment Vehlclos Totsis Cost At I Augusi 2024 Additions Olsposats 33.478 55,S70 133.4781 18.723 763,778 55,570 133.4781 Ai 31 July 2025 55,570 16.723 785,870 Depreclatlon At l Augu512024 Chaigefor Year c dlsposal 32.682 13,892 132.6821 18.719 365.708 26,913 132,6621 At 31 July2025 13,892 18.723 359,939 Not Bookvalue At31 Juty 2025 41.678 425.931 At 31 July 2024 796 398.070 On 9April 1991. variousassetswere translevred tothe charlty, 1ncludingcra¥pa piayingfields. These have been Included In the flnanclal ¥atements at no value. Thetnjstees are awarethatthis 15 a departure from accountlngstandardswhlch requlre assetgwhich are donated to be recognlsedwlthln thefinancial statements * Maet value biii leelan appTopiiate value cannot bea5certalned wth0 incufflreslgnlllcant cost. 17
THE ALNESS COMMUNITY ASSOCIAnoN LIMITED NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2025 13. Debtors: amounts falllng due wlthln one year 2025 2024 Trade debtors Prepayments 4.952 2.822 3,546 6.513 7.774 10.059 14. Credltors.. amountslalllngdue wllhln oneyear 2024 Tradecredit015 Accrued expenses 2.000 2,853 919 2.889 3.772 18
THEALNESS COMMUNITY ASSOCIATION LIMITED IIOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2025 15. Analysls ol nei assets betweenfunds Net Current Assels FlxedAssets Tolal Unrestricted General Designated IHeritage Certrel 158.249 267.682 425.931 63,127 221,376 267.682 469.058 63.127 Restricted Minibus Wai Memorlal Development Officer Toilei Upgrade 2.513 5,989 2,500 1.000 12.002 75,129 2,513 &989 2.500 1.000 12.002 501.060 425,931 Net Current Asset$ Flx¢d A55ets Total Unre5trlcted Geneial Designe(l (Heritage Centrel 130.388 267,682 398,070 54.977 185,365 267,682 453.047 54.977 Restricted Minibus WaTMemorial DevelopmentOfficeF Tollet Upgrade 5,989 2.500 1.000 9,489 64.466 5,989 1.000 9,489 462,536 398,070 19
THEALNESS COMMUNIYY ASSOCIATION LIMfTED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEARENDED 31JULY2025 16. MOVEMENTIN FUNDS Asati Augu* 2024 Asat31 Incomtr EXpendIre July2025 Unrestrfctsd Generèl Designated (Heritage Centre) 184,741 268,306 453.047 106,378 10.500 116,878 172.0021 219.117 18,8651 289,941 180,8671 489,058 Restricted Mlnibus War Memorial Development Officer Tollet Upgrade 3.000 1487) 2.513 5,989 2,500 2,500 1,000 14871 12,002 181.3541 501,060 9.489 462,536 3,0 119,878 Asati August 2023 Asatai Income Expendltufe July 2024 Unfft51rlctod General Designated (Herltsge Centyel 180,771 277,261 458.032 76,619 (72.6491 184,741 18.9551 268,306 181.604 453.047 76.619 Restricted Minibus WaTMemorial Development Offlcer Toilet Upgrade 5,989 2,500 1,000 5.989 1500 1.000 9.489 181.6041 482,536 467.521 76.619 20
THE ALNESS COMWJNIP¢ A&8OCIATIQN UhllTED NOTES TO THE FINANCIAL 8TATEMENrs FOR THE YEAR ENDED 31 JULY 2028 Narne offund Gen¢ral- D•ocriptlon, natur¢ and purp¢ ofth& lund Fun¢Ya Bvailable for u88 at the discretton of the truslees in fvrtranCÈ ofthe general objedwes ofthecharity which have not been deslgnated for olhr purposes. This 18 the propeity, fryturès and equiprnenl cost of th Cntra after depreciation. The funds to pur¢has• we ie8trfeted however thè Cenlrt's use is tr charttable piirp0$96 and I8ther&fore designattrd. To tsjntn'bute ttrwar(Is Ihe upkeep of Ihe new mlnltyv8. To ctjntribvte towards therestmttin ofthewar nwn0fi. To offset costs of lh& n8w Development Offieer. O&Jignateil- RKtrfc¢ed Minibus- War merrrIal- D•t0pMnI Olfrcer- To11 Upgrad8- Toemtribule towards theur8radtrofttOiletsotthectntrtt. 17. VOLUNTEERS In eommgn wth Charitie8. The Aln88$ Communoty Assoclation Limited befief from th• ontributionB made by volunteers who givethelrtime andnts vrflts.ntyy forth• benefft of the Centr&. 18. TAXATION The company is 8 Charity and Is r?gnISed as Buch by Revenu? & Cu¥loms for tsxation purpo$es. A9 a re8ult, there 18 no IiAbility to taxation on any of il¥ income. 19. RELATED PARTY TRANSACTIONS There We no related p8tty tran$4don¥ forihe yèar •nded 31 July 2025 norfor 31 Juty 2024. 21
THE ALNESSCOMMVNIIY ASSOCIATJON LIMIIED NOTESTO THE FINANCIALSTAYEMENTS FOR THE YEAR ENDED31 JULY2026 202$ 2024 INCOME& ENOOWMENts Donatlonsand leua¢les•ndothertr•dkngatllvFtles Fundralslng Donatths RTrue£rantS 2,868 7,968 1,703 12,559 32.666 21.245 59.709 Chafftableactlvltles Newspaperand prinung incorne other1rorne Herilagecentre shopsales Advertising Gain on sale gf mSnl>us Pent & leis 15,247 379 9.9)7 75 155 33.966 14.305 16,944 518 31,075 61877 Inv•stmentlncomt Oewsit ac1 Interest 440 183 Tot4 In¢(the 119.678 76,619 EXPENDITIIRE Othertrad1nga¢tMttS Openingstock Heritage Centreshop purchases Closlngstock 4.987 3,739 11.9771 6,749 5.817 14,987 3,452 ChaiStableactlvllle$ Ispaperand printlngcD5ts Repairs an(J maintenance LigM.heai & telephone Po*. PTlnt& stationery Hefitage Costs Rète5& Insvrance Advertlslng&websrte Depreclatkjn Dues & 5ubscrimlons Contracts Bank charges Mlnlbus expenses Sundry Suppcrt c$ 11,264 5,089 18.626 11.639 22.957 670 1843 265 15.621 217 1105 70 6,614 1.561 2.215 75 26.913 147 iii 5,005 221 1.393 74,605 78.152 TO Expendlture 81.354 01.604 NeISu1/(dtficIIl 38.524 14.9851 This pagedoe5 riotform partoi thefln8nclal 51atemeTrts. 22