CharityNo SC022198
Feis Oigridh Ile (Islay Youth Festival) Charity No SC022198 CONTENTS OFTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page 1-3. Report of the Trustees and Management Committee Independent Examlners Report Page Page 5. Recelpts and Payments Account Page 6. Statement of Balances Page 7. Notes to the Flnanclal Statements Page 8. Analysls ot Recelpts Page 9. Analy81s of Payments Page 10. Breakdown of Unrestrlcted Funds Page 11. Breakdown of restrlcted funds
Charity Registration No SC022198 (Scotland) FEIS OIGRIDH ILE (ISLAY YOUTH FESTIVAL) ANNUAL REPORT AND UNAUDITED FINANCIALSTATEMENTS FOR THE YEAR ENDED 21 MARCH 2025 TRUSTEES Charoty No {Scotland) SC022198 Independent Examlner Bankor8 Bank of Scotland PO Box1000 BX2 1LB
Page1. The trustees present thelr report and accounts forthe year ended 31 March 2024. The accounts have been prepared in accordance with the accountlng policles set out In note 1 to the accounts and comply with the charlty's constitutlon. the Charlties and Investment (Scotland) Act 2005, the Charitles Accounts (Scotland) Regulations 2006 (as amended) and"Accountlng and Reportlng by Charltles: Statement of Recommended Practlce appllcable to charltles preparlng thelr accounts In accordance wlth the Flnanclal Reporting Standard appllcable In the UK and Republlc of Ireland (FRS 102)" (as amended for accountlng perlods commenclngfrom 1 January2016) The objects of the Feis shall be: To promote interest, education and particlpation in the traditional music, language and culture of the Gaidhealtachd, and particularly those of Argyll. To plan, programme and arrange activities on its own initiative. or with other local musical, arts and educational societies and organisations. To plan, programme and present both weekly and annual tuition structured to highlight the musical, cultural and educational objectives of the Feis. The aims ofthe Charity are to'.- To promote interest. education and participation in the traditional music, language and culture of the Gaidhealtachd. and particularty those of Argyll. Plan, programme and arrange activities on its own initiative, or with other local musical, art8 and education objectives of the Feis. Plan, programme and present an annual tuition festival structured to highlight the musical, cultural and educational objectives of the Feis. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Organisation of a Traditional Music & Gaelic Festival (Feis Oigridh) for children during February school holidays at which they can learn individual instruments. Sing and perform together in groups. Weekly classes in traditional instruments including fiddle, accordion. whistle and piano delivered as an after school activity during term time.
Page 2. Charitable Activities Feis Oigridh Ile agu8 Dhiura have had a successful yearfrom April 2024 to March 2025. We have continued with delivering our weekly lessons in fiddle. accordion & whistle and introduced a new weekly offering in Piano lessons. This brings our total instruments up to 4 each week during term time with a good retention rate of students leadingto greater learning. The Charity's AGM took place on the 25thof November 2024 welcoming one new committee member- Catriona Morri80n, while the rest of the committee voted to stay on the board. February 2025 held the 8nnual'Main Feis. with 64 children attending the 3-day event. The festival offered the following classes: accordion, fiddle, guitar. pipes, whistle, keyboard, Gaelic Song, step dance and percussion. Many of the children enjoyed the feis enough to ask for it to be extended from 3 days to 4 days next Feb 2026. Thi8 is Something the committee will endeavour to achieve. The weekly lessons feed into the Islay High School Trad Band where students meet in Islay High School alongside two of the committee members who volunteer their time and musical knowledge. To learn performance as a group and prepare to perform Locally at events further enhancing their skills in their chosen instrument. but also performance as a group. Students are often asked to perform at local events throughout the year and throughout the18les of Islay and Jura. It is the policy of the Charity that unrestricted funds that have not been designated for a specific use should be maintained at 8 level equivalent to between three- and six- months expenditure. The truste8s 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 reseTves has been maintained throughout the year. The organisation had a general surplus of £8,697.07. This is due to being awarded a grant from The All-lslay Fund and the continued support of Feisean nan Gaidheal. Total funds at the end of the year were £20,420.45 which were general funds. PAnclpaLf.undiDg.8ourooJ. The principal source of funding came as two grants: 1. All Islay Fund 2. Feisean nan Gaidheal The Trustees have considered the most appropriate policy for investing funds and have found that short to medium term investment of funds should be held in a mixture of current and high interest accounts The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to major risks The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against Iraud and error.
Page 3. The committee are aimingto expand the weekly lessons to include Gaelic singing after Covid diminished local singing. The committee are working along8ide other local harities to deliver this, The committee would like to make these lessons as accessible as possible by hosting them in different locations throughout the island to accommodate for the rural layout of both Islay and Jura. Continuation and expansion ofthe annual Feis in Februaryfrom 3 days to 4éays. To increase awareness from a young age, and hopefully increase the uptske feeding into the weekly tuition. Governing document. The organisation is governed by the constitution. The trustees who served during the year were: Recrultment and appointment of newtrustees New trustees will be nominated by the existing trustees who are also the management committee. Inductlon and tralnlng of newtruste8S Most new tnjstees are familiarwith the practical work of the charity, by livingwithin the local comrnunity. The trustee report was approved bythe Board of Trustees. Trustee Dated: .....
Page4. Independent Examlner's Report to the Trustees of FEIS OIGRIDH ILE (IslayYoLrth Festlval) I report on the accounts of the charty for the year ended 31 March 2025which are set outonpages5to11. Respective responsibolltles of trustees and examlner The charity's trusteos are re8pon8ible forthe preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charlties Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 1011)(d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examin8 the account8 88 required under section 44(1)(c) of the Act and to state whether particular matters have come to my attention. Basls of Independent examln8r% statement My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accountlng records kept by the charlty and a comparison of the account presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedur88 undertaken do not provide all the evidence that would be required in an audil, and consequentLy I do not express an aucllt oplnlon on the view wven bythe accounts. Independent examlner's statement In the course of myexamination. no matter has come to my attention 1. Which give8 me reasonable cause to believe that in any material respect that the requlrements: To keep accounting records in accordance with Section 4411){a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations To prepare accounts whlch accord wlth the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met. or 2. To whlch, In my oplnlon. attention should be drawn in orderto enable a proper understanding of the accounts to be reached. Date: &J21z
Fkn OIGIUDH ILE ISLAY YoirrH FESTIVAL Rec ent Account For nd d 31 March 2025 Page 5. ear 2025 Rest Funds 2024 Total Funds UITest Funds Total Funds ei Donations Legaaes Grants Receipts from fundraising activities Gross trading receipts Income from investments other than land and buildings RLmts from land & buildings Gross receipts from other charitable activities Total Recexpts 27,863 540 1,132 1,132 7,488 48,850 3,481 31,884 Expenses for fundraisins aetivities Gross trading payments Investment management costs Payment8 relJting directly to charitable activities Governance costs: Audit l independent examination Preparation of annual accounts LLgal costs Other Total Payments Net re¢eipt81Payment8 betore tran8fern Transer tolfrorn fund8 Surplu8ldeficil for the year 383 26,410 26,410 12,517 180 2,705 13,278 40,153 8h97 13,278 40,153 8.697 11,353 26,958 4,926 8.697 8.697 4,926
FÈIS biGRIDH tLE ment of Balanc SLAY UTH FESTIVAL Page 6. General Restrlcted 2025 Total Total 2024 sh Funds Cash and Bank Balan at start of year Net Surplus/Deficit Cash and Bank Balance at end of year 15,T23 15.723 48.927 64,650 10,797 4,926 15,723 64,650 2024 her As Instruments & equiprnent Income due 270 27Ql 2024 Aco)untant 1,163 1,163 Date of Approval
RIDH ILE LAYY Pa8e 7. Feisean nan Gaidheal fund is for re-starthg weekly lessons after o)vid. 2025 2024 ran All Islay Fund Feisean nan Gaidheal Total Grants 31.2n.17 8,959 40230 18,946.QM) 8,917 271 2024 Tnlee5 Rernuneration The following Truslee was Temunerated: Tutor fera io, iOA34 2025 2024 21)25 2024 Transactions with Trustees and Connected Persons The followin8 Trustee was reimbursed for the followin8 expen9e
FÈIS OIGRIDH ILE An is of Rec ts For ear ended 31 March 2025 ISLAY YoufH FESTIVAL Page 8. 2025 2024 Ulrest Funds Rest Funds Total Funds Total Funds Donation General Donations Calmac rants Feisean nan Gaidheal and All Islay Fund 40,230 40230 40,230 40,230 27.863 2763 Raffle Festival Admissions Clarsach Hire Weekly Feis Annual Feis Fees 7,488 1,132 8,620 1,132 8,620 4020 mlnv tnterest R1Ved TOTAL RECEIFrs 4850 48,850 31M3
FÈI An IUDH ILE ISLAY YoufH FESTIVAL tsofPa ents ed 31 Mareh 2025 Page 9. 2025 2024 Total Funds Ulrest Funds Rest Funds Total Funds s Directl Relatin to Charitabl A tivAti Annual TutOTS- Fee and Travel Annual Feis Expenses Feis Bheag Expenses Room Hire Tutors 11,470 649 1,623 7,472 18,938 40,153 11,470 9,288 1,512 2,100 1,623 7,472 18,938 40,153 24,932
FÈI IGIUDH ILE ISLAY YoufH FESTtVAL Breakdown of unrestricted funds For ear ended 31 March 2025 Page 10. 2025 Weekly Lesson 2024 TotaI Funds Amiual Feis Total Fund8 AdmAn ecel ts Donations LegaciL's Grants Receipts from fundraising activities Gross trading receipts Income from investments other than land and buildin88 Rents from land & buildings Gross receipts from other charitable activities 40,230 1,132 27,863 1,132 7,488 7,488 48,850 3,480 1.132 Stm nt al Proceeds from sale of fixed assets Proceeds from sale of investments Total RLYcipts 1,132 48,850 31,883 Expenses for fundraisins activities Gross trading payments Investment management costs Payments relating directly to charitable activities Governance costs.. Audit / independent examination Preparation of annual accounts Le8al costs 2,092 2,092 11,470 26,410 37,881 24,253 2,705 13.563 26,410 40,153 26,958 ent latin Purchases of fixed assets Purchase of investments t and inv Total payments Net receiptslPayments before transfers Transer to/from funds Surplusldeficit for the year 13,563 -11431 26.410 -18,922 40,153 8,697 26,958 £925 40,050 -12,431 -18,922 8,697 £925 Nature and 09e of funds The nature of these funds is to teach weekly lessons in Accordi0 Fiddle, Piano and Whistle
FÈIS biGRtDH ILE LAYY urH FE TIVAL Pase 11. l Marth 201 2025 2024 AdmAn Amiual Weeldy Supwt Total Fund8 Total Funds Recei Donations Le8aLryes Grants Receipts from fundralsing artlvities Gross trading receipts Incorne frotn investments other than laThl and buildings Rents from land & buildin8S Gro35 rcfelpts from other charitable activlties Proceeds from sale of fixed assets Pr()ctYdi* sale uf Investments Total Receipts ExpensLs for fundrai5ins activltles Gross trading payments Investment manayFment costs Pae.t$ Te.lating directly to charitable aetivities Govcmance costs.. Audlt / Independent examlnatlon Freparation ol annual accounts Legal costs en19 relalAn get and Anv Purchases of fLxed aets Purchase of investments nt nettn Total payments Net reeeiptslPayments before transfers Tranw tolfrom funds Surplusldelicit for the year To continue offering weekly lessons and for the annual Feis