REGISTERED COMPANY NUMBER: SC1624411Scolland) REGISTERED CHARITh NUMBER: SC015602 Report of the Trustses and Unaudttad FlnJnclil Statements forthe Year Ended 31 March 2025 for Voluntsry A¢tlon B•ff• & Vater•ay Campbell Stewart MaGLennan & Co Chartered Acwunlants Unit 3, Broom Place Portree Hlghland IV519HL
Volunlary Action Barra & Vaiorsay Gontents (rf the Flnancial Statements for the Yaar Ended 31 March 2025 Pag• Report of the TTU8t•as 1 to 4 Ind•p•ndent Examlnoej Roport Statsm•nt of Flnanclal Acllvltl•g Balance 8h••t Not•• to th• Fln•ncl•l Sl•t•m•nts 8 to 15 D•tall•d Statsm•nt of Flnandal Acllvltl•s 16 to 17
Voluntary Artlon Barra & Vatersay {Registsred number: SC162441) Report olthe Trustees for the Year Ended 31 March 2025 The trustees who are also dlrectors of the chaty for the purposes of the Companies Act 2006. present their report wlth the financial statements of the charity for Ihe year ended 31 March 2025. The Iruslees have adopted the provisions of Accounting And Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts In a¢¢ordance with Ihe Flnancial Reporting Stsndard applicable in the UK and Republic of Irel8nd IFRS 102} (effective 1 January 2019). OBJECTIVES AND ACTNMES Objectlves and alms The charity's objectives ara:. To PTomole any charitable purpose for the Inhabitants of the Islands of Barra and Vatersay and in parilcular Ihe adv8ncement Df education, the furtherance of health and the relief of povety. dlstress and sickness. To promote and org8nis8 Go.operation and the achievement of th& above purposes and to that end to bring togeth8r Council Representsllves of the Stalutrry Authorities and voluntary organisations engaged In the fvrtherance of the above Purposes or any of them wilhin the1818nds of B8fTa and Vatersay. To do all or any other thlngs as wlll prop8rfy att8in the above purp08es. Page 1
Voluntary Actlon Barra & Vatersay (Registered number: SC162441) Report of the Trustees for the Year Ended 31 March 2025 ACHIEVEMENTS AND PERFORMANCE Charitable activities This year has seen a Gontinuation of the seNices that VABV has provlded for many years with the addltion of the C8rbon Neutral Initiative Project and VABV acting as its anchor organisation. There have been many challenges faced through the year but our staff continue lo address these and the servlces that our community has relied upon over the years. By far the biggest Ghallenge has been associated with the costs connected wllh Community Transport. The age of the Iwo oldest vehicles has meant that repalrs has been mor8 frequent and more costly. In addition, electrical issues with one of the EV minibuses has also meant trip5 to the mainland for diagnostic works. A reduciion on the number of dienls requiring tha transport services has also affected our income. In order lo address this Imbalance, the trustees have taken the decision lo look lo reslruclure the Community TranSpt servi¢e by selling on the current stock of mlnibuses and make way for the two new vehicles due in January 2026. In addition. ils building known as the WOTkshop is to be placed on the open market in the new year. Additional grant appllcations wS1181g0 b8 made in January to protect and continuo the vital services that we provlde. Guth Bharraldh Increase cos15 relatlng to printlng the Gulh Bharraidh have been picked up and In ordor to 8ddres8 this, we have terminated the lease of one of Ihe two printeT5. Our TTUStees are taking discusslon$ forward with local grant fvndlng organlsations to address the charitvs financial pressures. Carbon Noutral Islands ICNII Carbon Neutral Islands ICNII Is a Scottlsh Govemmenl programme supportlng Islands to b6¢0me carbon neutral by 2040. 11 delivers key commitments in the National Islands Plan by creallng local jobs, stren9lhening island economies, and prolecting island environments from dlmale change, while Conlribubng to SGOtland's wider 2045 net zero largel. In May 2022, the Scottish Govemment announ¢ed that Barra & Valersay, Great Cumbrae, Hoy. Isl8y. Raasay and Yell would lake pert in the Inlllal phase of the programme, demonslraling how Scotland's Islands can lead In renewable energy innovatlon and dimate resilience. In (he flrst phase of Ihe projecl, wde ranging baseline carbon 8udlls were carrled oul for each l$18nd. These identified key caTbon sour5 and slnks with the aim of slimulaling dlscussion #nd engagement with the local communities. Each Is18nd Worked wilh the lechnl¢al team al Communlty Energy Scotland lo ensure local data informed the basellne carbon audit, which also included work by extemal consultants. The nexi step was for each Ssland to create its own Communlty Climate Action Plan, or CCAP. A CCAP Is a roadmap for th8 island's decafbonlsalion joufney, combining Community ide8s, local knowledge, and technl¢al data to set out projecls and actlons for reducing emissions and bullding a suslalnable future. Each plan is a Ilving document, owned by the community, and can bè updated as progress is made or new challenges arise. Barra & Vatersay's CCAP was published in June 2023 and is available to view OD the CNI website- https'.Ilcnl.scoV. In 2023124, each Iand received Its first capitsl investment. wlth £1 mlllion dlstribuled equally across the slx islands. 2024125 introduced the current funding system. the CNI Capital Fund was established as a competitive bid process, with èach island's local aulhodty leading applications for larger, shovel-ready projects with a minimum budget of £75,000. Proposals are reviewed by the CNI Capital Fund Investment Panel, which awards fundSng based on alignment with core programme oble¢lives. 2024125 also saw the launch of the CNI Direct Allocatlon. providlng each island with fundlng lo support smaller Capital projects that align with CNS objectives. On Baa & Vatersay, the CNI Capital Fund has focused on the DecaTbonising Communlty Spaces Programme, SUPPOTting renewable energy installations and energy-efficiency Improvements acros5 key community buildings. At Cobhair Bharralgh, roof-mounled solar PV, battery storage. plus healing and energy efficiency upgrades were completed in October 2025. The nexi ph8se. at Valersay Hall, will include similar upgrddes and a new wind turbine. duo for completion in 2026. Through the CNI Direcl AIIorAtlon, Barr8 & ValÈrsay has delivered smaller phases of the Decarbonising Community Spaces Programme, including upgrades at Garadh Bagh a Tualh and plans for ground.mounled solar al the Heritsge Centre in 2026. Funding has also supported the purchas8 of Community transport elOGliic vehide5, e-bikes and energy monblors, along with a tree planting initiative and the Snstallation of an EV charger al the VABV office. Looking ahead, the fo¢us will Main on the Decarbonising Community Spaces Programme while also investlng in local training and skills development to build caparity on Ihe islands. The project is also exploring innovative approaches to tackllng emissions. including scoping the poknlial for biochar PToducJon on Barra & Vatersay. Page 2
Voluntary Action Barra & Valersay (Registered number. SC1624411 Report of the Trustees for the Year Ended 31 March 2025 FINANCIAL REVIEW Prlncipal fundlng sources The charity's core funding is recieved from Co-cheangal Innse, Comhalrle nan Eilean Siar (CNESI, the Scotbsh Govemmenl, Ulsl & Barra substan Misuse Partnership, transwt ints)me, social lotteries, donations and sal8slsubscriplions of the Guth Bharraldh newspaper. Reserves pollcy It 15 the policy of the tharlty that unrestricted funds thich have not been designatsd for a specific use should be maintained al 8 level equivalent to between three and six months expendilure. The dlrectors consider that reseryes al this level will ensure that, In the event of a gnificant drop in funding. they wlll be able to continue the ¢hariVs current activlties thile consideration is given to ways in which addillonal funds may be raised. Golng ¢oDc•m A5 of 31 March 2025, the charfty's free r6seNes stood at a negative £43.332. The board of trustees, however, regard8 Ihls financial situation as temporary. Since the yearryend, they have tsken several measures to reverse the deliut. The charity 15 in the pro¢ess of selling a property, which has attracted multiple expressions of interest, and the salè Is expected lo con¢lude by the end of March 2026. In addS1ion. the board is reslrucluring the vehlde Ileet, plannlng to sell exisling vehicles tp rais6 funds 8nd replaca them th more cosl-effective allemallves lo enhance operation81 affidoncy. To address any p)lential delays In propety and v&hlcle sales, the board Is also Investigaung a brldging loan for p0$9ible us&. Furtherrnore, the tru5te8s are exploring grant fundSng to conduct a revlew of the charltls ganISatiOnal structure. Glven these adons, the board belleves It16 8pproprfate to malnlaln the golng concem assumptlon. STRUCTURE, GOVERNANCE AND MANAGEMENT CONSTITUTION The chaTIty. which 1$ 8 recognlsed charfty In Scotland, Is reglslered as a ch8rtlable company Ilmlted by guarantee and Was $81 up by a Mgmor3ndum of Association on 1 January 1996 as th8 successor to Barra and Vater5ay Council of So¢ial Service, at which date all of the asseis of the Council were transferred to the Company. METHOD OF APPOINTMENT OR ELECTION OF DIRECTORS At the Annual General Meeting one third of the members of the Board shall retlre from office and, belng eligible, shall offer themselves for rlecon. Organlsatlonal structur• Voluntary A¢tlon Barra and Valersay Is 8 Gompany Ilmited by guarantee (Company Reglslrallon Number SC1624411. It s recognSsed as a Charity for tax purposes by HMRC and by the Offi¢e of the Scottish Chadlles Regulator {Raf. SC015602). The mAnagernent of the Voluntary Actlon Barra and Vatersay 18 tha responslblllty of tho councll of management, whl S elected under the temis of the conslltutlon. Board Members docide on the main dlreclion of the organlsation, the overall budget setting, the tralning and development slralegy and approve or othemse any new developments broughi to them elther by the volunteers, voluntary se¢lor organi5ation or pioject stsff and manager. The organis8tion has 8 full time manager who reports to the Board on a regular ba518 and is responslble for the day to day njnning of the organisation, overall management of the dlfferent projects and the financial managemenl of th8 available resources. There are ongoing commilmenis e.g. the weekly community paper Guth Bharraidh, the Isle of BaTra webslte and Ihe provision of facllilies, support, inforrnalion and advSce for the community and the wde r8nge of Community organlsalions in Barra and Vatersay. lsleofbarra.com is the main website for local infomialion, ¢ommunity support and tourism enquiries. There are a number of specific projects that come under the overall m8nagemenl of the organis21ion such the Community Transport project, the Barra Youth Cafe and the Comrnunty Radio Pfoje¢t. Staff and volunteers play an important part In the development of the organisation and their input is valued. The need lo maintain and develop skills and to Identify trainlng needs 1$ a conlnuous process. The manager is also on the Board of Management of Ihe Vcluntegr Centre We5tem Isles. REFERENCE AND ADMINISTRATIVE DETAILS Reglsterad Company number SC162441 Iscodandl Page 3
Voluntary AlOn Barra & VaterJay (Ro*tored numbw: SC1624411 Report ofth• Trustee8 forth• Year Ended 31 Moh 2025 Rogigtered Charty numbor SC015602 glst•red offl¢• Castlebay Isle of Barra HS9 5XD Tru8t•8J l Dewar D F Manford 8 Currie J M MacNeil Company Socretsry E MacNeil Ind•pond•nt Examlngr Faye MacLeod CA Campbell Stewart MacLenn8n & Co Chartered Accounlanls Unll 3, Broom Placa PortrBe High18fKI IV519HL Bank•r¥ Royal Bank of slIad Ca811ebay Isle of Barra HS9 5XA STATEMENT OF TRUSTEES. RESPONSIBILITIES The Iruslees (stho are a180 the diredors of Voluntary Action 8arra & ValÈr8ay for the purposes of company law) are responslble lor preparing the Report ol the Trustees aTrJ Ihe finanaal slalements in accordance th appllcable IN and Unfted Kingdom Accountg Standards (Unlied Kingdom GeneThlly Attepted Accounts'ng Pr8Ctic81. Company law requires Ihe trustees lo prepare finandal statement8 for each fin9naal year. UndeT Ihal law, Ihe tnJslee9 have eleoled lo prepare the finan¢i81 slalemenls In accordan wlh Uniled Klngdom i>ner81ty Accepted Accounling Prdcllce (Uniled KSngtJom Alxounbng Sland8r<ls and applicable law). Under comparry law the tru8tees mLf81 not Jpprove the finand818lalemenls unless Ihey are sallsfied that Ihey give a Irue 8nd fair vlew of the stats of affairs of the Chgrilable company and of the incoming resources and applicalion of resources. induding the income and expenditure, of Ihe char%lable company for that pthod. In pParing those finand81 statements. the twslee8 are requlred to 8eled $table 8c¢ounllng pollaes and then appty Ihem nsIsten. observe (he methods and prinaples In the Charflies SORP., m8ke judgements and esllm8les Ihal reasonable and prudent., prepare the financi81 slalemenls on Ihe golng COnM basis unless 11 1$ inapproprigte to pr•¥ume Ihal the tharflat4e company will continue in busine5S. The Iru5tees are responglble for keeping Proper accountlng records vthith discfo8e vllh reasonable acuJraGy at any lime the finanaal posilion ol Ihe charitable company and lo enable them lo ensure Ihal the finanrial st8temenls comply th the Companies Act 2006. They are also responsible for safeguarding Ihe assets of the charitable company and ben for taking reasonable steps for the prevention and detection of fraud and other Irregularibe5. . and 81gned on its tehalf by.. Apwoved by rKder of the boa of trustee5 On ..... l Dewar- Trustee Page 4
Independent Examinerfs Report to the Trustees of Voluntary Acllon Barra & Vatersay (Registered number: SC162441) I report on the accounts forlhe year ended 31 Marth 2025 set out on pages six to fifteen. Respectlve responslbilftles of trustees and examiner The charivs trustees are responsible for the preparation of the accounts in accordance wtth the lemis of the Ch8ri1ies and Trustee Investment IScoll3ndl Act 2005 and the Charities Accounts (Scolland) Regulations 2006 las amended). The charity's trustees consider that the audit requirement of Regulation 10{11{al lo 1¢) of the AccoL¢nts Regulations does not apply. It Is my responsibillty lo examlne the accounts as required under Sectlon 4411)(¢) of the Ad and to state whether particular matters havo come to my attention. Basls of the independent examlnerfs report My examinatlon was carried out in a¢cordance with Regulation 11 of the Charitles Accounts {ScotIaTl Regulatlons 20c. An examinalion indudes a Teview of the aCC)Unting re.cords kept by the charity and a Comparison of the accounts presented wilh those records. 11 also Includes consideration of any unusual items or disclosures in the ac¢ounis, and seeking explanalions from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be requ1 In 3n audll, and consequently I do not express an audit oplnlon on the view glven by the occounts. Ind•pondent •xamlneVs st•t•mont In ojnneclion with my examlnation, no matter has come to my att8nllon . {11 whlch glves me reasonable Cause lo believe thaL In any material respect, the requirements lo keep accounting recd9 in accordance w6th Section 44(11{al of the 2005 Act and Regulatlon 4 of the 2006 AGcounls Regulatlons; and to prepare 8Gcounls which accord vthth the accounllng records and to compty wlth R8gu18tion 8 of the 2006 Accounts Regulab'on9 have not been met: or (21 to which, in my oplnlon, attenuon should be drawn In order to enable a Eoper undergtandlng of the accounts to be reached. Faye MacLeod CA The Institute of Chartered Accountsnts of Scouand Campbell Stewart MacLennan & Co Chartered Accountants Unlt 3, Broom Place Portree Highland IV519HL Page 5
Voluntary Actlon Barra & Vatsrsay statement of Flnanclal Activilies (Incorporatlng an Income and Expenditure Account) for the Year Ended 31 March 2025 3113125 Totsl funds 3113124 Total funds Unrestricted funds Restrlcted funds Note5 INCOME AND ENtK)WMENTS FROM Donations and18gaues 570 570 431 Charltable actfvltl Core Heritage 183,853 8,400 108.659 292,512 8.400 429,047 other Irading activlJes 18,562 18,562 31.256 Totsl 211,385 108,659 320.044 460.734 EXPENDITURE ON Raising funds 14,722 14,722 19,964 Charftable actlvltl08 Core preci81ion 240,761 15.290 56,028 14,947 296,789 30.237 338,427 34,252 Totsl 270,773 70,975 341,748 392,643 NET INCOMEIIEXPENDrruRE) (59.3881 37,684 (21,704) 68,091 RECONCILIATION OF FUNDS Total funds broughl foThvard 64,371 150,996 215,367 147.276 TOTAL FUNDS CARRIED FORWARD 4.983 188,680 193,663 215,367 The noles fo part ofthese financial stalements Page 6
Voluntary Action Barrn & Vaternay IR¢gistevad numbof: SC1824411 8Alanc• Sheet 31 March 2025 3113125 Total funds 3113124 Total funds Unrestricteil fvnds Restricted fund8 Notes FIXED ASSETS Tangible 855ets 48,315 44,833 93,148 105,257 CURRENT ASSETS Debtors Prepayments and aceTued income Cash at bank and in hand 12,328 10,713 {42,050) 12,328 134,555 49,367 7,300 272,299 9.797 123,842 91,417 (19,0091 215,259 196,250 289,396 CREDITORS kncwnls falling due ¥thIn one yeor 10 124.3231 (71,412) (95,735> 1179.286) NET CURRENT AssEr8 143.3321 143,847 100.515 110,110 TOTAL ASSETS LESS CURRENT UABIUTIES 4,983 188,680 193,863 215,367 NEf ASSETS 4,983 188,680 193,883 215,367 FUNDS Unrestricted nd8 Reslrfcted fvnd8 12 4,983 188,680 64,371 150.996 TOTAL FUNDS 193.663 215,367 The tharlt8ble company 18 entitled to exemption from aLhlit under Sedon 477 of the Companles t 20( for the year ed 31 Mgrch 2025. The rnber8 have not required the company to obt85n an alIt of its fin8naal 8t8lementB for Ihe year ended 31 Marth 2025 in occordance wllh Section 476 ofthe Companies Ad 2006. The tru8lees 8n0edge their re8pon$ibllthes for la) ensuring that the charitable company keaps a¢wunting reconly that compty wSth Se(*ons 386 and 387 of the Companies Act 2006 and preparing finandal Stalem1& vknich give a true and fair eW of the slate of affairs of the charitable company as at the end ol fy8ch finanaal year and of ilg surplus or defidl for each finanaal year in accordance wlh Ihe quiremenls ol SedionB 394 and 395 and whlch oth2rwise comply wlh the requirements of Ihe Companies A 2006 relating to finanaal 8talements. so faras applicable to the charitable cornpany. These financial slalements have been preparnd in accordan %%lth the provislon8 fjppllcoble lo chaiitable o)mpanie8 subject lo the small compBnle8 regirnè. atemBnlg were approved by the BO8 of Trustees and athhorf88d lor Issue . and were s4gned on ils behaw by.. (b) The fin8na81 l Dewfjr- Trustee The noles fom part ofthese finonual 5tslemts Page 7
Voluntary Action Barra & Vatsrsay Notes to the Flnancial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the flnanclal statements The financ4al slalements of the Charitab company, thich is a publlc benefit entity under FRS 102. have been prepared in accordance wlth the Charities SORP IFRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts In accordance with the Financial Reporbng Standard applicable in the UK and Republic of Ireland (FRS 1021 leffeclive 1 January 20191,, Finanaal Reporting Standard 102 The Financial Reporting Standard applicable In the UK and Republic of Ireland and the Companles Act 2006. The finandal slatements have been prep8red under the historical cost convenb'on. Flnanclal reportlng standard 102 - reduced dlsc105ure exemptlons The charitable company has taken advantage of the foSlowing dls¢losure exemptlcn in preparing thes8 financial statements. as permitted by FRS 102 'The Flnanclal Reporting Standard applicabl8 In the UK and Republic of Ireland.: the requirem8nts of Sectlon 7 Statement of Cash Flows. Incomè All inujme Is recognised In the Statement ol Flnandal Arllvities once the tharfty has entluemont to the funds, it is probable that the Income will be received and the amount can be measured reliably. Expendlturo Llabililies are recognised as expendlture as soon as there Is a le981 or constnjcilve obligation committing the ¢h8rity to that expenditure, il Ss probable Ihal a transfer of economic benefits will be required in selllement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basls and has been Classified under headings that aggregate all cosl related to the category. Where costs cannot be dSrectly attributed to parfjcular headings they have be8n allocated to a¢Jvilies on a basis consistsnl with the use of resources. Tanglble flxed assets Depreclation Is provided at the following annual TaS In order to write off each asset over Its estimated usefvl Ilfe. EqulF¥nent Motor vehicles 25% on reducSng balance 25% on slr8ight line T•xallon The Ghafity Is exempt from corporation lax on its Gharitable activities. Fund accountlng Unrestrlcted funds can be used in aGcord8nce wlth Ihe tharltable obledves at the dlscretion of the trlee8. Restricted funds can On be used for particular restricted purposes within the oblects of th6 charity. Restrictlons ari8e when speclfled by th8 donor or whon funds are raised for particular restricted purposes. Further explanation of Ihe nature and purpose of each fund is Induded In the notes to the fln8nGlal statements. Penslon ¢o•t• and olher p08trtlrernont ben•fits The charitable company operates a defined ntributIon penslon scheme. Contdbutions payable lo the charitable companys pension Sche are charge(S to the Statement of Financial Activities in the period to which they Telate. Page 8
Volunlary Action Barra & Vatersay Notes to the Flnanclal Statements - continued for the Year Ended 31 Mar¢h 2025 OTHER TRADING ACTivrriES 3113125 3113124 Sale of publlcations & advertising Training income & recoverfes Website, medla & service Income Soclal Lotteries 10,569 22,647 365 241 8,003 7,993 18,562 31,256 NET INCOMEI(EXPENDITURE) Net in¢omel(expendlture) Is Slated after thargin{CredIting1.. 3113125 3113124 Depredatlon- owned 88get8 Independent Examlner fees- Independent Examlnatlon Independent Examiner fees- Pr8paralSon of financial statèments Independent Examiner fees- Bookkeeping software subscrfplion 30,237 2.340 2.340 34.252 2,250 2,250 482 TRUSTEE8' REMUNERATION AND BENEFrrs Don8ld Manford, trustee, recieved remuneration of £3,06512024 - £7,544) for hi8 role as a employee during the year. Trustses. expense8 trustees, expenses pald for the year ended 31 March 2025 nor for the year ended There were no 31 March 2024. STAFF COSTS 3113125 3113124 Wage5 and sal8rles Sodal security costs other penslon costs 218,594 10,534 3,873 231,821 11,620 3.948 233,001 247.389 The average monthly number of employees durfng the year was as follows: 3113125 13 3113124 13 Profvct & admlntstratlon No employees recelved emokjments In exce of£60,000. The charivs key management is the manager and compensation which comprises of gross wages, employerfs nallonal insurance and pension contributions amounted to £42,485 (2024 - £42,950) during the yeaT. Page 9
Voluntary AGtion Barra & Vatersay Notes to the Finan¢lal Stalwnents - conllnuod for the Year Ended 31 March 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restrfcted funds Total fijnds INCOME AND ENDOWMEKfs FROM DonatSons and legacies 431 431 Charitable activitlès Core 189,417 239,630 429.047 Other trading activities 31,256 31,256 Total 221,104 239,830 460,734 EXPENDITURE ON Raislng funds 19,964 19.964 Charltable a¢tlvltle• Core Depreclatlon 235.640 19.992 102.787 14.260 338.427 34.252 Totsl 275,596 117,047 392.643 NEf INCOMEIIEXPENDrruREI Tran•fers betwgen funds (54,4921 76.013 122,583 176,0131 68,091 Net mov•ment In fund• 21,521 46,570 68,091 RECONCILIATION OF FUNDS Total funds brought forward 42,850 104,426 147,276 TOTAL FUNDS CARRIED FORWARD 84,371 150,996 215,367 GRANTS TO THIRD PARTES Reciplent 31103125 31103124 Baffa Clay Plgeon Club Castlebay Communlty Ctyjndl Barra Dance Club Garadh a Bhagh a Tuath Cobhalr Bharraigh Weslemlsles Communlty Sodoty Barra Heritage Centre Barra & Valersay Communty Icastlebay Marfna) Ca5tlebay Communlty Hall 750 1,200 500 2,000 1,148 471 750 1,022 471 1,000 1,200 1.500 5,619 6,393 Page 10
Voluntary Actlon Barra & Vatersay Notss to the Financial Ststements . corrtinued for the Year Ended 31 March 2025 TANGIBLE FIXED ASSErs Freehold property Motor vehicles Equipment Tolals COST At 1 April 2024 Additions 2,973 179,287 18,128 280,409 462,669 18,128 At 31 March 2025 2.973 197.415 280,409 480,797 DEPRECIATION At 1 April 2024 Charge for year 296 59 133,141 16,LK9 223.975 14,109 357,412 30,237 At 31 March 2025 355 149,210 238,084 387,649 NEf BOOK VALUE At 31 March 2025 2,618 48,205 42,325 93,148 At 31 March 2024 2,677 46,146 56,434 105,257 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113125 3113124 Trade debtors Other debtors 12,001 327 5,850 1,450 12,328 7,300 10. CREDITORS: Amoupifs FALLING DUE WITHIN ONE YEAR 3113125 3113124 Sod81 secur6ty and other taxes other creditors Accnjals and deferred Income 2,964 72,854 19,917 4,497 153,554 21,235 95.735 179,286 A credltor balance of £8,400. carried forward from the prfor year for Ihe Clan MacNeil Galherfng, was released during the current year following the board's deterninatlon th8t the prole¢l's oble¢lives had been fulfilled. A¢crua15 and deferred income Indude5 £3.385 (2024 - £2,650) for Guth Bharralgh Newspaper ineome that had been paid for subscription period5 after the year end. LEASING AGREEMENTS 11. Minimum18ase payments under non-cancellable operaling18ases fall due as follows: 3113125 3113r24 Withln one year Between one and fve years 7,071 8.312 7,077 7,077 15,389 Page 11
Voluntary AGtlon Barra & Vatersay Notes lo the Finan¢lal Slatements - contlnued forthe Year Ended 31 March 2025 12. MOVEMENT IN FUNDS Net movement in funds At 1.4.24 31.3.25 Unre6tricled funds General fund Designated Vehide Fund 7,937 56.434 (45,279) (14,109) (37,3421 42,325 64,371 (59,388) 4,983 Restrlcted funds Energy Savlng Trust Investing In Communities Fund Covid-19 Supporting Communiile8 Fund caOn Neutral Island 19,578 244 1.487 129.687 {4.895) {811 {372) 43,012 14.683 183 1.115 172,699 150.996 37,684 188,680 TOTAL FUNDS 215.367 (21.704) 193.663 Net movement In funds, induded in the are as follows.. Incomlng resourc8s Resources expended Movement In funds Unro•lrlct•d fund8 Gener81 fund Designated Vehide Fund 211,385 1256,6641 {14,1091 145.2791 (14,109) 211,385 1270,773) {59,388) Re•trlctod funds Energy Saving Trust Investing In Communltles Fund Covld-19 Supporting Communlties Fund Carbon Neutral Island (4,895) 1611 {372) {65,6471 {4,895) (61) 13721 43,012 108,659 108,659 (70,975) 37.684 TOTAL FUNDS 320.044 (341,748) (21,7(M) Page 12
Voluntsry Action Barra & Vatersay Notes lo the Flnancial Statements - contlnued forthe Year Ended 31 Mar¢h 2025 12. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net movement in funds Transfers beeen Jnds At 31.3.24 At 1.4.23 Unrestricted funds General fund Designated Vehide Fund 42,850 135,683) {18,80g) 770 75,243 7.937 56,434 42,850 {54.4921 76,013 64,371 Restrlcted funds Energy Savlng Trust Westem Isles Development Trust Investing In Communities Fund Barralhon- Transport-E Mens Shed CNES Food Fund Cod-19 Supp)rting Communitles Fund Youth & Philanthropy Inlllative- Electric bus Carbon Neutral1918nd 97.797 301 325 1,000 1,500 20 1,983 (6,527) 171,692) 1301) 19,578 181) 244 (1.000) (1.5001 1201 (496) 1,487 1,500 11.500) 129.687 129.687 104,426 122.583 (76,0131 150,996 TOTAL FUNDS 147,276 68.091 215,367 Comparative net movem8nl In funds, Included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted fund• General fund Deslgnated Vehlcle Fund 221,104 1256,787) {18,809) {35,683) 118,8091 221,104 1275,5961 154,492> Rèstrlcted funds Energy Savlng Trust Investlng In Communitles Fund Covld-19 Supporting Communilles Fund Better Places Fund - Nature ScoUarKI Communlty Energy Scotland Cathn N8utral18land (6,5271 181) (496) 110,358) 16,000) 193,5851 (6,527) {811 I4) 10,358 6,000 223,272 129,687 239,630 {117,047) 122,583 TOTAL FUNDS 460,734 1392,643) 68.091 Page 13
Voluntary Action Barra & Vatersay Notes to the Flnancial Statements - contlnued for the Year Ended 31 March 2025 12. MOVEMENT IN FUMDS - continued A current year 12 months and wor year 12 months comblned p0SOn is as follows: Net movement in funds TTrnsfers behveen funds At 31.3.25 At 1.4.23 Unrestrlcted funds General fund Designated Vehida Fund 42,850 (80,962) {32.9181 770 75,243 (37.342) 42,325 42.850 1113,880) 76,013 4,983 Restrlcted funds Energy Saving Trust We51em Isles Development Trust Invesknng In Communities Fund Barralhon - Tran5POrt-E Mens Shed CNES Food Fund Covld-19 Supporting Communlti8s Fund Youth & Philanthropy Initlatlve- Eledrlc bus Carbon Neutral Island 97.797 301 325 1.000 1,5QO 20 1.983 111,422) (71,6921 (301) 14.683 (142) (1,WO) (1,500) 1201 1868) 1.115 1,500 (1,500) 172,699 172.699 104,426 160,267 (76,013) 188.680 TOTAL FUNDS 147,276 46,387 193,663 A current year 12 months and prlor year 12 months comblned net movement in fijnds, Induded In the above ore as follows: Incomlng Te8ources Resources expended Mov&m8nt in funds UnrnJtrlGlod funds General fund D8slgnated Vehlcle Fund 432,489 {513,451) 132,918) (80,962) {32,9181 432.489 1546.369) 1113,880) R&8trfcled funds Energy S8vlng Trust Investing In Communities Fund Covid-19 Supporting Communllles Fund Better Place5 Fund- Nature Scouand Community Energy Scotland Carbon Neutrol Island (11,4221 1142) (868) 110,358) (6.000) (159.2321 (11,422) 1142) 18681 10,358 6.000 331.931 172,699 348,289 (188,022) 160,267 TOTAL FUND8 780,778 1734,391) 46,387 The Gharitys reslrfcted funds have been prowded for the folknwing purw8e: RestrlGted fund Purposo Energy Saving Trust for the wrchase of EV chargers, lIkeS and storage. This fund Is carried forward as fixed assets Investing in Communities Fund fvnded by the ScottÈsh Govemment and CNES. this project carries oul community engagemenl and WOTk5hops on slraleglc w$ion. common goals, coheslun and developing a communlty approach lo locality. This fund Is ¢arried foThvard as fixed assets Page 14
Voluntsry Action Barra & Vatersay Notes to the Flnancial Ststements- conllnued for th• Year Ended 31 March 2025 12. MOVEMENT IN FUNDS - COntind Covid-19 Supwrting CommunM88 Fund runded by the Hlghlands & Islands Enlerprfse, this projeGI helped keep the local community and vulnerable people in touch during the pandemic by establishing and manning a community phone line and providing funds lo other volunt8ry organis8lions. The fvnds canied forward conslst of fixed assets. for the carbC Neutral Island Proiert This fvnd was ongoing at yearend. CaOn Neutral Island 13. RELATED PAFrfY DISCLOSURES Donald Manford, truslee. recieved remuneration of £3,06512024 - £7,544) for his role as a èmployee durfng Ihe Page 15
Voluntary Action Barra & Vatersay Detailed Statement of Financlal Actfvitles for the Year Ended 31 March 2025 3113125 3113124 INCOME AND ENDOWMENTS Donations and legacl Donations 570 431 othor trodlng actMtI¢s Sale of publications & advertising Training incorne & recoveries Website, media & service income Social Lotteries 10.569 22,647 365 241 8,003 7,993 18.562 31,256 Charltsble actlvltl89 Transport income Wage Recharge Grants 19,767 6.171 274,974 27.446 401.601 300,912 429,047 Total In¢omlng r•sourc•s 320.044 460,734 EXPENDITURE othor tradlng aGtlvltl•s Prlnts'ng Bad deb18 15.229 1507) 18,983 14,722 19,964 Charltable aGUvltl•s Wages Social security Pensions Rent, rates & Insurance Light ond heat Postage, stationery & telephone Sundries Advertbslng Cleaning Projed expense$ Travel, 8ubsistenc8 & meeting BkkeepIng Repair5 & renewals Professional fe85 Grants to Third Partles Freehold property Fixtures and frtlngs Motor vehides 218,594 10,534 3,873 10,064 3,632 7,884 1,770 231,821 11.620 3,948 9.131 3,399 7,859 6,061 745 1,822 23.339 1,017 508 387 2,520 5,619 59 16,069 14,109 41,829 2,698 482 2,790 3,900 6,393 59 15,384 18.809 321,800 367,610 Support costs Finance Bank tharges $94 569 Govemance costs AGcountanGy fees 4.632 4,500 This page does notfomi part ofthe statuiory finanoal Statements Page 16
Volunlary Actlon Barra & Vatsrsay Detslled Slatement of Flnancial A¢tlvltios for the Y•ar End 31 March 2025 3113125 3113124 Total resources expended 341,748 392.643 Net (ryendllureyincome {21.704) 68,091 Thi5 page d08s not f(Km part of the 5tatuiory flnancial statements Page 17