Charity registration number SC016350 (Scotland)
FETLAR COMMUNITY ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
FETLAR COMMUNITY ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Charity number (Scotland)
SC016350
Principal address
The Glebe Fetlar Shetland United Kingdom ZE2 9DJ
Independent examiner
Thyme Tax & Accountancy Limited 36 Angusfield Avenue Aberdeen Aberdeenshire United Kingdom AB15 6AQ
FETLAR COMMUNITY ASSOCIATION
CONTENTS
| Page | |
|---|---|
| Trustees report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 14 |
FETLAR COMMUNITY ASSOCIATION
TRUSTEES REPORT
FOR THE YEAR ENDED 28 FEBRUARY 2025
The Trustees present their annual report and financial statements for the year ended 28 February 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
Objectives and activities
FCA's objectives and aims are to help facilitate the functioning and well-being of all residents of the island of Fetlar through engaging in appropriate supportive endeavours as bring the most benefit to the population. FCA's principal activity is to manage and maintain the local community hall, the hub for most community activities, which it does through organising social and recreational activities/facilities for residents and beyond to promote and foster community spirit and development. A significant secondary activity is now the oversight and practical running of the polycrubs under the auspices of Fetlar Community Growing Project.
Volunteers
The charity is run by a volunteer committee, who for the purposes of charity law act as trustees. The committee hold the legal and financial responsibility for the charity as a whole.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
Achievements and performance
F.C.A’s most significant achievement during this financial year has been to complete the replacement and upgrading of the hall roof. Grant funding was obtained from: Crown Estate Coastal Communities Fund, Shetland Community Benefit Fund, Highlands and Islands Enterprise, Cooke Aquaculture and the National Lottery Awards for All fund. An interim loan was obtained from Shetland Charitable Trust to ensure the cash-flow during the project.
The Community Hall has continued to be used by a number of community groups, for meetings, meals and various recreational activities. It has served as a community warm hub and as a venue for various representatives of Shetland Islands Council to communicate with island residents. It’s Saturday bar evenings continue to be popular with both residents and visitors and the 5 monthly Sunday Teas during the summer have become increasingly popular. It has also been used for training for our First Responders, clinics offered by our visiting M.P. and M.S.P. and regular meetings of Fetlar Community Council.
The polycrubs of Fetlar Community Growing Project, run by FCA, continue to be a great success.
F.C.A. continues to operate and update the Fetlar.org website. This is proving to be of particular use to tourists and other visitors and is a point of information for local residents regarding what is open, what special events are happening and the status of our local transport links.
Fetlar Hall has been able to host two small cruise ships during this financial year. This has been of benefit both to the hall, the island museum and the local shop & café. We hope to increase these visits in the coming years.
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FETLAR COMMUNITY ASSOCIATION
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
Financial review
It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
The balance held as unrestricted funds at 28 February 2025 was £37,256 of which £36,534 are regarded as free reserves, after allowing for funds tied up in tangible fixed assets and investments.
The trustees continue to improve our high-quality hall facility, as evidenced by the refurbishment works carried out over the last two years. We look forward to welcoming the widest possible range of local residents and visitors to the island into our revamped facilities in this next year through an increased range of outside bookings, local meals, Sunday teas, cruise-ship visits etc.
Structure, governance and management
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The Trustees who served during the year and up to the date of signature of the financial statements were:
Recruitment and appointment of new trustees
Membership of the committee is open to anyone who is resident on the island of Fetlar, Shetland. Appointment of the charity's committee takes place at the Annual General Meeting .
Organisational structure
The Association continues to abide by its policies concerning:
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Child and adult Protection (Policies and Procedures)
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Code of Conduct for Groups Working with Children
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Equal Opportunities
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Data Protection
The Trustees report was approved by the Board of Trustees.
10 November 2025
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FETLAR COMMUNITY ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FETLAR COMMUNITY ASSOCIATION I repon on the financial statemenis of ihe Charity for the year ended 28 February 2025, which are set out on pages 4 to 14. Re5pertlve responslbllltles of Trustee$ •nd eximlner The Charity's Trustees are responsible lor the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investments (Scotlandl Act 2005 and the Charities Accounts (Scotlandl Regulations 2006. The charity's Trustees consider that the audit requirement of Re8ulation Iollllal to Icl of the 2(106 Accounts Regulations does not applv. It is my responsibility to examine the financial statements as required under section 44llllcl ol the Act and to state whether particular matters have come to my attention. Bosls of Ind•pènd•nt examlnérfs statement My examination 15 tAriied out in accordance with Regulation 11 of the Charitie5 Accounts (Scotlandl Re8ulations 2006. An examination include5 a review ol the accountln8 record5 kept by the charity and a comparison ol the financial statements presented with those records. It a150 includes consideration ol any unusual items or disc105ufes in the financi31 statement5, and 5eekin8 eKplanation5 from the tru5tee5 concerning any such mattef5. The procedure5 undertaken do not provide 311 the evidence that would be required in an audit and consequeThtly I do not expres5 an audit opinion on the view given by the financial 5taternents. In connection with my examination, no other matter except that relerred to in the previous paragraph has come to rnv attention.. lal which 8ives me rèasonablè cause to believe thai in any maierial respect the rèquirements.. to keep accounting records in accordance with section 4411) lal of the 2(K>S Act and Regulation 4 01 the 2006 Accounts Regulations,. and to prepare fiThan£ial statements which accord with the at£ounlin8 record5 and cornply with Re8ulation 8 of the 2(KJ6 Accounts Re8ulation5,' have not been mer or Ibl to whirh. in my opininn. attention should be drawn in order to enable a proper understandin8 of the financial Thyme Tax & Accountancy limited 36 Anguslield Avenue Aberdeen Aberdeenshirè A815 6AQ United Kingdom Dated.. 10 November 2025
FETLAR COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 28 FEBRUARY 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income and endowments from: Donations and legacies 3 1,090 146,840 Other trading activities 4 8,589 - Other income 5 12,687 - Total income 22,366 146,840 Expenditure on: Charitable activities 6 18,582 1,554 Total expenditure 18,582 1,554 Net income/(expenditure) 3,784 145,286 Transfers between funds 7,988 (7,988) Net movement in funds 11,772 137,298 Reconciliation of funds: Fund balances at 29 February 2024 25,484 197,175 Fund balances at 28 February 2025 37,256 334,473 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 147,930 556 1,788 8,589 10,402 - 12,687 6,898 - 169,206 17,856 1,788 20,136 25,026 403 20,136 25,026 403 149,070 (7,170) 1,385 - 1,442 (1,442) 149,070 (5,728) (57) 222,659 31,212 197,232 371,729 25,484 197,175 |
Total 2024 £ 2,344 10,402 6,898 19,644 25,429 25,429 (5,785) - (5,785) 228,444 222,659 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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FETLAR COMMUNITY ASSOCIATION
BALANCE SHEET
AS AT 28 FEBRUARY 2025
| Notes Fixed assets Tangible assets 11 Current assets Stocks 12 Debtors 13 Cash at bank and in hand Creditors: amounts falling due within one year 14 Net current assets Total assets less current liabilities The funds of the Charity Restricted income funds 15 Unrestricted funds 16 |
2025 £ 1,675 - 37,730 39,405 (450) |
£ 332,774 38,955 371,729 334,473 37,256 371,729 |
2024 £ 1,930 270 44,250 46,450 (450) |
£ 176,659 46,000 |
|---|---|---|---|---|
| 222,659 | ||||
| 197,175 25,484 |
||||
| 222,659 |
The financial statements were approved by the Trustees on 10 November 2025
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FETLAR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
1 Accounting policies
Charity information
Fetlar Community Association is a unincorporated charity.
1.1 Accounting convention
The financial statements have been prepared in accordance with the Charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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FETLAR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
| Freehold land and buildings | Not depreciated |
|---|---|
| Plant and equipment | 10% on cost |
| Fixtures and fittings | 25% reducing balance |
| Computers | 25% reducing balance |
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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FETLAR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025
1 Accounting policies
(Continued)
1.10 Financial instruments
The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2 Critical accounting estimates and judgements
In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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FETLAR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
| 3 Income from donations and legacies Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts 1,090 - Grants - 146,840 1,090 146,840 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 1,090 556 - 146,840 - 1,788 147,930 556 1,788 |
Total 2024 £ 556 1,788 |
|---|---|---|
| 2,344 |
4 Income from other trading activities
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Fundraising events | 1,273 | 1,050 |
| Hall hire | 1,273 | 1,845 |
| Bar takings | 6,043 | 7,507 |
| Other trading activities | 8,589 | 10,402 |
5 Other income
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Other income | 12,687 | 6,898 |
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FETLAR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
6 Expenditure on charitable activities
| Direct costs Depreciation and impairment Purchases Rates Insurance Light & heat Office costs Sundry Repairs & improvements Hall hire Website Cruise ship expenses Share of support and governance costs (see note 7) Governance Analysis by fund Unrestricted funds Restricted funds Support costs allocated to activities Governance costs Governance costs comprise: Legal and professional Independent examination |
2025 £ 1,241 2,961 626 2,704 4,166 742 2,068 696 - - 4,512 19,716 420 20,136 18,582 1,554 20,136 2025 £ 420 2025 £ - 420 420 |
2024 £ 847 6,399 575 2,468 4,964 428 497 369 308 269 - |
|---|---|---|
| 17,124 8,305 |
||
| 25,429 | ||
| 25,026 403 |
||
| 25,429 | ||
| 2024 £ 8,305 |
||
| 2024 £ 8,275 30 |
||
| 8,305 |
7 Support costs allocated to activities
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FETLAR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025
8 Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
9 Employees
The average monthly number of employees during the year was:
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| Total | - | - |
There were no employees whose annual remuneration was more than £60,000.
10 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
11 Tangible fixed assets
| Freehold land and buildings Plant and equipment Fixtures and fittings Computers £ £ £ £ Cost At 29 February 2024 174,247 29,212 12,396 2,976 Additions 155,158 - 2,200 - At 28 February 2025 329,405 29,212 14,596 2,976 Depreciation and impairment At 29 February 2024 355 28,994 11,784 1,041 Depreciation charged in the year - 54 703 484 At 28 February 2025 355 29,048 12,487 1,525 Carrying amount At 28 February 2025 329,050 164 2,109 1,451 At 28 February 2024 173,892 218 613 1,936 12 Stocks |
Total £ 218,831 157,358 |
|---|---|
| 376,189 | |
| 42,174 1,241 |
|
| 43,415 | |
| 332,774 | |
| 176,659 | |
| Stocks | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Finished goods and goods for resale | 1,675 | 1,930 |
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FETLAR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
| 13 Debtors Amounts falling due within one year: Trade debtors Prepayments and accrued income |
2025 £ - - - |
2024 £ 1 269 |
|---|---|---|
| 270 |
| 14 | Creditors: amounts falling due within one year | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Accruals and deferred income | 450 | 450 |
15 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At 29 February | Incoming | Resources | Transfers | At 28 February | |
|---|---|---|---|---|---|
| 2024 | resources | expended | 2025 | ||
| £ | £ | £ | £ | £ | |
| Hall Heating Fund | 2,258 | - | (299) | - | 1,959 |
| SSE Resilience Fund | 4,710 | - | - | (4,710) | - |
| Tourist Facilities Fund | 171,011 | - | - | - | 171,011 |
| Growing Project Fund | 2,881 | - | - | - | 2,881 |
| Website Project Fund | 4,527 | - | (269) | (3,796) | 462 |
| Lottery Fund | 10,000 | - | - | (10,000) | - |
| FCC Fund | 1,788 | - | (436) | - | 1,352 |
| Roof Fund | - | 146,840 | (550) | 10,518 | 156,808 |
| 197,175 | 146,840 | (1,554) | (7,988) | 334,473 |
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FETLAR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
| 15 | Restricted funds | (Continued) | ||||
|---|---|---|---|---|---|---|
| Previous year: | At 28 February | Incoming | Resources | Transfers | At 28 February | |
| 2023 | resources | expended | 2024 | |||
| £ | £ | £ | £ | £ | ||
| Hall Heating Fund | 2,258 | - | - | - | 2,258 | |
| Auld Folks Dinner Fund | 300 | - | - | (300) | - | |
| SSE Resilience Fund | 4,710 | - | - | - | 4,710 | |
| Tourist Facilities Fund | 171,011 | - | - | - | 171,011 | |
| Covid Fund | 892 | - | - | (892) | - | |
| Growing Project Fund | 2,881 | - | - | - | 2,881 | |
| Website Project Fund | 4,930 | - | (403) | - | 4,527 | |
| Lottery Fund | 10,000 | - | - | - | 10,000 | |
| Corra Foundation Fund | 250 | - | - | (250) | - | |
| FCC Fund | - | 1,788 | - | - | 1,788 | |
| 197,232 | 1,788 | (403) | (1,442) | 197,175 |
16 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 29 February | Incoming | Resources | Transfers | At 28 February | |
|---|---|---|---|---|---|
| 2024 | resources | expended | 2025 | ||
| £ | £ | £ | £ | £ | |
| General funds | 25,484 | 22,366 | (18,582) | 7,988 | 37,256 |
| Previous year: | At 28 February | Incoming | Resources | Transfers | At 28 February |
| 2023 | resources | expended | 2024 | ||
| £ | £ | £ | £ | £ | |
| General funds | 31,212 | 17,856 | (25,026) | 1,442 | 25,484 |
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FETLAR COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
17 Analysis of net assets between funds
| Unrestricted Restricted funds funds 2025 2025 £ £ At 28 February 2025: Tangible assets 722 332,052 Current assets/(liabilities) 36,534 2,421 37,256 334,473 Unrestricted Restricted funds funds 2024 2024 £ £ At 28 February 2024: Tangible assets 4,262 172,397 Current assets/(liabilities) 21,222 24,778 25,484 197,175 |
Total 2025 £ 332,774 38,955 |
|---|---|
| 371,729 | |
| Total 2024 £ 176,659 46,000 |
|
| 222,659 |
18 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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