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REGISTERED CHARITY NUMBER: SC023146
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 July 2025
for Ullapool High School Fund
Mackay & Co CA Unit 8 Golspie Business Park Golspie Sutherland KW 10 6UB
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Ullapool High School Fund
Contents of the Financial Statements for the Year Ended 31 July 2025
| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to 2 | |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 8 |
| DetailedStatementofFinancialActivities | 9 |
‘ Ullapool High School Fund
Report of the Trustees for the Year Ended 31 July 2025
The trustees present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of 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).
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The school held various trips throughout the school year including a Spanish trip, Biology trip, Psychology trip, University trip and S2 Lagganlia week. Duke of Edinburgh Bronze, Silver and Gold expeditions also took place throughout the session. There were DYW outdoor career opportunities, including a trip to Inverewe Gardens for S1, Ada Scotland event, plus local visits to various businesses within the village. There were also various fundraising events undertaken for an upcoming trip due to take part in June 2026 to Nova Scotia.
Donations and grants were received from the UHS Parent Council for school trips, Colour Run, and dinner dance, from Ullapool Harbour for various school trips and additional donations provided by local business' to help cover Duke of Edinburgh costs. The Iris Hurlock Charity disbanded and also donated any remaining proceeds to the school. The Youth Philanthropy Initiative took place again this year, with all monies awarded to Cycling without Age. Our charity committee organised fund-raising activities in aid of Children in Need and Save the Children. The school continues to sponsor three children through Action Aid child sponsorship by holding a whole school dinner and ceilidh which was held in May 2025. Any additional income raised was through selling school photographs, a very well received Much Ado About Nothing theatre production and the annual Spring Concert. There were the usual expenses relating to prizegiving and general health and wellbeing.
FINANCIAL REVIEW
Reserves policy
All the funds currently held by the Ullapool High School Fund are unrestricted and we aim to hold sufficient cash funds to meet all expenditure due, and anticipated, during a 13-week period, i.e. approximately one academic term.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
Trustees are members of the school management team and are appointed for the duration of their employment in that capacity at Ullapool High School.
Organisational structure
Ullapool High School Fund is a charitable unincorporated association which works to further the education of pupils at Ullapool High School.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number SC023146
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Ullapool High Schoo! Fund
Report of the Trustees for the Year Ended 31 July 2025
Principal address Mill Street Ullapool Ross-shire IV26 2UN
—ee Examiner Mackay & Co CA Unit 8 Golspie Business Park Golspie Sutherland KW 10 6UB a Approved by order of the board of trustees on SS De Oe and signed on its behalf by:
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Independent Examiner's Report to the Trustees of Ullapool High School Fund
| report on the accounts for the year ended 31 July 2025 set out on pages four to eight.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention. Basis of the independent examiner's report My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention :
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
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- to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mackay & Co CA Unit 8 Golspie Business Park Golspie Sutherland KW10 6UB Date: Ste Deceenbw...2028—
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Ullapool High School Fund
; Statement of Financial Activities for the Year Ended 31 July 2025
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| fund | fund | funds | ||
| Notes | £ | a | £ | |
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 107,287 | - | 107,287 | |
| EXPENDITURE ON | ||||
| Charitable activities | ||||
| Charitable | 63,283 | 2,801 | 66,084 | |
| NET INCOME/(EXPENDITURE) | 44,004 | (2,801) | 41,203 | |
| RECONCILIATION OF FUNDS | ||||
| Total funds broughtforward | 84,796 | 21,669 | 106,465 | |
| TOTALFUNDSCARRIEDFORWARD | 128,800 | 18,868 | 147,668 |
The notes form part of these financial statements
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Ullapool High School Fund
Balance Sheet
| Balance Sheet | ||||
|---|---|---|---|---|
| 31 July 2025 | ||||
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| Notes | e | £ | a | |
| FIXED ASSETS | ||||
| Investments | 3 | 2,570 | - | 2,570 |
| CURRENT ASSETS | ||||
| Cash at bank | 126,230 | 18,868 | 145,098 | |
| NET CURRENTASSETS | 126,230 | 18,868 | 145,098 | |
| TOTAL ASSETS LESS CURRENT | ||||
| LIABILITIES | 128,800 | 18,868 | 147,668 | |
| NET ASSETS | 128,800 | 18,868 | 147,668 | |
| FUNDS | 4 | |||
| Unrestricted funds | 128,800 | |||
| Restricted funds | 18,868 | |||
| TOTALFUNDS | 147,668 |
TheenewseaWejtx.......ncial_statements wereandapproved were signedby onthe itsBoard behalfof by:Trustees and authorised for issue on
The notes form part of these financial statements
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Ullapool High School Fund
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Notes to the Financial Statements for the Year Ended 31 July 2025
- ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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continued...
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Ullapool High School Fund
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Notes to the Financial Statements - continued for the Year Ended 31 July 2025
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 July 2025.
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 31 July 2025.
A FIXED ASSET INVESTMENTS
E Other 2,570 There were no investment assets outside the UK. Investments (neither listed nor unlisted) were as follows:
| £ | ||||
|---|---|---|---|---|
| Broompower shares | 1,500 | |||
| Coigach Community Trust | 1,070 | |||
| 2,570 | ||||
| 4. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.8.24 | in funds | 31.7.25 | ||
| E | £ | S | ||
| Unrestricted funds | ||||
| General fund | 84,796 | 44,004 | 128,800 | |
| Restricted funds | ||||
| Restricted | 21,669 | (2,801) | 18,868 | |
| TOTALFUNDS | 106,465 | 41,203 | 147,668 |
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continued...
Ullapool High School Fund
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Notes to the Financial Statements - continued for the Year Ended 31 July 2025
- MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 107,287 | (63,283) | 44,004 |
| Restricted funds | |||
| Restricted | - | (2,801) | (2,801) |
| TOTALFUNDS | 107,287 | (66,084) | 41,203 |
5. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2025.
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Ullapool High School Fund
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Detailed Statement of Financial Activities for the Year Ended 31 July 2025
| INCOME AND ENDOWMENTS | |
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| Donations and legacies | |
| School trips | 63,861 |
| Donations & fundraising | 9,686 |
| Youth/Duke of Edinburgh | 22,113 |
| Uniforms & lockers | 436 |
| Highland Council | 9,484 |
| Sundry income | 918 |
| Investment income | 139 |
| Bank interest received | 650 |
| 107,287 | |
| Total incoming resources | 107,287 |
| EXPENDITURE | |
| Charitable activities | |
| School trip expenses | 38,909 |
| Youth/Duke of Edin expenses | 15,714 |
| Fundraising expenses | 2,340 |
| Donations | 100 |
| HC expenses | 5,000 |
| Youth transport costs | 2,534 |
| Sundry expenses | 1,487 |
| 66,084 | |
| Total resources expended | 66,084 |
| Netincome | 41,203 |
This page does not form part of the statutory financial statements
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