## **Lochboisdale Amenity Trust Ltd** **Charity No. SC027920** **Company No. SC237431** **Trustees' Report and Unaudited Accounts** **31 March 2025** **Lochboisdale Amenity Trust Ltd Contents** ||Pages|| |---|---|---| |Trustees' Annual Report|2 to 3|| |Independent Examiner's Report||4| |Statement of Financial Activities||5| |Summary Income and Expenditure Account||6| |Balance Sheet||7| |Notes to the Accounts|8 to|12| |Detailed Statement of Financial Activities|13 to|14| Page 1 **Lochboisdale Amenity Trust Ltd Trustees Annual Report** The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2025. 24/11/2025 The financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), the Companies Act 2006, the Memorandum and Articles of Association, 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 (FRS102). ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Company No. SC237431** ## **Charity No. SC027920** ## **Registered Office** Talla Chidhe Lochboisdale South Uist HS8 5TH ## **Directors and Trustees** The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year: Stewart Curtis (Resigned 29 October 2024) Mary Jubb Philip Jubb Katherine MacDonald Robert Martindale Mary Scott ## **Accountants** Nicolson Accountancy PO Box 16336 Glasgow G13 9FA The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102). Signed on behalf of the board Page 2 **Lochboisdale Amenity Trust Ltd Trustees Annual Report** Mary Jubb Mary Jubb (Nov 24, 2025 09:25:03 GMT) Mary Jubb Trustee 24/11/2025 Page 3 **Lochboisdale Amenity Trust Ltd Independent Examiners Report** ## **Independent Examiner's Report to the trustees of Lochboisdale Amenity Trust Ltd** I report on the financial statements of Lochboisdale Amenity Trust Ltd for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes. ## **Respective responsibilities of trustees and examiner** The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the financial statements 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 trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial statements as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I 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: - (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations - to prepare financial statements which accord with the accounting records and 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. Angus Nicolson Nicolson Accountancy PO Box 16336 Glasgow G13 9FA 24/11/2025 Page 4 **Lochboisdale Amenity Trust Ltd Statement of Financial Activities for the year ended 31 March 2025** |**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Investments
5
Other
6
**Total**
**Expenditure on:**
Other
7
**Total**
Net gains on investments
**Net income**
8
Transfers between funds
**Net income before other**
**gains/(losses)**
Other gains and losses
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2025**
**£**
514
533
20,000|**Total funds**
**2025**
**£**
514
533
20,000|**Total funds**
**2024**
**£**
2,099
240
15,000| |---|---|---|---| ||21,047
4,110|21,047
4,110|17,339
2,924| ||4,110
-|4,110
-|2,924
-| ||16,937
-|16,937
-|14,415
-| ||16,937
-|16,937|14,415| |||0|0| |||-|-| ||16,937
77,147|16,937
77,147|14,415
62,732| ||94,084|94,084|77,147| Page 5 **Lochboisdale Amenity Trust Ltd Summary Income and Expenditure Account** ## **for the year ended 31 March 2025** |Income
Interest and investment income
**Gross income for the year**
Expenditure
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2025**
**£**
20,514
533
21,047
2,339
1,771
4,110
16,937
16,937|**2024**
**£**
17,099
240| |---|---|---| |||17,339| |||1,153
1,771| |||2,924| |||14,415| |||14,415| Page 6 **Lochboisdale Amenity Trust Ltd Balance Sheet** ## **at 31 March 2025** |**Company No.**
**SC237431**
**Notes**
**2025**
**£**
**Fixed assets**
Tangible assets
10
53,054
53,054
**Current assets**
Cash at bank and in hand
41,480
41,480
**Creditors:**Amount falling due within one year
11
(450)
**Net current assets**
41,030
**Total assets less current liabilities**
94,084
**Net assets excluding pension asset or liability**
94,084
**Total net assets**
94,084
**The funds of the charity**
**Restricted funds**
12
**Unrestricted funds**
12
General funds
94,084
94,084
**Reserves**
12
**Total funds**
94,084|**2024**
**£**
54,825| |---|---| ||54,825
23,922| ||23,922
(1,600)| ||22,322
77,147| ||77,147| ||77,147| ||77,147| ||77,147| ||77,147| The trustees have prepared the accounts in accordance with section 44 of the Charities and Trustee Investment (Scotland) Act 2005 and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. > Approved by the board on 21/11/2025 And signed on its behalf by: Mary Jubb Mary Jubb Trustee 24/11/2025 Page 7 **Lochboisdale Amenity Trust Ltd Notes to the Accounts** ## **for the year ended 31 March 2025** - 1 **Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Change in basis of accounting or to previous accounts** There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## **Fund accounting** - Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. - Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. - Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. ## **Income** - Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. - Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. - Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 8 **Lochboisdale Amenity Trust Ltd Notes to the Accounts** ## **Expenditure** - Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. - Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. - Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. - Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. - Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Tangible fixed assets and depreciation** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Freehold property 2% % Straight line ## 2 **Company status** The company is a private company limited by guarantee and consequently does not have share capital. Page 9 **Lochboisdale Amenity Trust Ltd Notes to the Accounts** ## 3 **Statement of Financial Activities - prior year** |3
**Statement of Financial Activities - prior year**|||| |---|---|---|---| |**Income and endowments from:**
Donations and legacies
Investments
Other
**Total**
**Expenditure on:**
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Donations
5
**Income from investments**
Bank interest received|**Unrestricted**
**funds**
**2024**
**£**
2,099
240
-
2,339
2,924
2,924
(585)
(585)
(585)
62,731
62,146
**Unrestricted**
**£**
514
514
**Unrestricted**
**£**
533
533|**Restricted**
**funds**
**2024**
**£**
-
-
15,000
15,000
-
-
15,000
15,000
15,000
-
15,000
**Total**
**2025**
**£**
514
514
**Total**
**2025**
**£**
533
533|**Total funds**
**2024**
**£**
2,099
240
15,000| ||||17,339
2,924| ||||2,924| ||||14,415| ||||14,415| ||||14,415
62,731| ||||77,146| ||||**Total**
**2024**
**£**
2,099| ||||2,099| ||||**Total**
**2024**
**£**
240| ||||240| Page 10 **Lochboisdale Amenity Trust Ltd Notes to the Accounts** ## 6 **Other income** |Grants received
Insurance payout
7
**Other expenditure**
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
8
**Net income before transfers**
This is stated after charging:
Depreciation of owned fixed assets
9
**Staff costs**
No employee received emoluments in excess
10 **Tangible fixed assets**
**Cost or revaluation**
At 1 April 2024
At 31 March 2025
**Depreciation and**
**impairment**
At 1 April 2024
Depreciation charge for the
year
At 31 March 2025
**Net book values**
At 31 March 2025
At 31 March 2024|of £60,000.
**Land and**
**buildings**
**£**
88,528
88,528
33,703
1,771
35,474
53,054
54,825|**Unrestricted**
**£**
-
20,000
20,000|**Total**
**2025**
**£**
-
20,000
20,000|**Total**
**2024**
**£**
15,000
-| |---|---|---|---|---| |||||15,000| |||||| |||**Unrestricted**
**£**
1,705
1,771
140
494
4,110
**2025**
**£**
1,771
**Plant &**
**equipment**
**£**
8,005
8,005
8,005
-
8,005
-
-|**Total**
**2025**
**£**
1,705
1,771
140
494
4,110
**Office**
**furnishings**
**£**
8,401
8,401
8,401
-
8,401
-
-|**Total**
**2024**
**£**
459
1,771
294
400| |||||2,924| |||||**2024**
**£**
1,771
**Total**
**£**
104,934| |||||104,934| |||||50,109
1,771| |||||51,880| |||||53,054| |||||54,825| Page 11 **Lochboisdale Amenity Trust Ltd Notes to the Accounts** ## 11 **Creditors:** amounts falling due within one year ||**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
21,047
21,047|**2025**
**£**
450
450
**Resources**
**expended**
**£**
(4,110)
(4,110)
**At 1 April**
**2024**
**£**|**Gross**
**transfers**
**£**
-
-
**Unrestricted**
**funds**
**£**
53,054
41,030
94,084
**Cash flows**
**£**|**2024**
**£**
1,600| |---|---|---|---|---| |||||1,600| |||||**At 31**
**March**
**2025**
**£**
94,084| |||||94,084| |||||**Total**
**£**
53,054
41,030| |||||94,084| |||||**At 31**
**March**
**2025**
**£**| |||23,922|17,558|41,480| |||23,922
23,922|17,558
17,558|41,480| |||||41,480| |||||| |0
**Related party disclosures**
**_Controlling party_**||||| The company is limited by guarantee and has no share capital; thus no single party controls the company. Page 12 **Lochboisdale Amenity Trust Ltd Detailed Statement of Financial Activities** ## **for the year ended 31 March 2025** |**Income and endowments from:**
Donations and legacies
Donations
Investments
Bank interest received
Other
Grants received
Insurance payout
**Total income and endowments**
**Expenditure on:**
Premises costs
Rates
Premises insurances
Other premises costs
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Plant &
equipment
Depreciation of Office furnishings
Postage and couriers
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees fees
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**|**Unrestricted**
**funds**
**2025**
**£**
514
514
533
533
-
20,000
20,000
21,047
730
525
450
1,705
1,771
-
-
27
113
1,911
494
494
4,110
4,110
-
16,937|**Total funds**
**2025**
**£**
514
514
533
533
-
20,000
20,000
21,047
730
525
450
1,705
1,771
-
-
27
113
1,911
494
494
4,110
4,110
-
16,937|**Total funds**
**2024**
**£**
2,099| |---|---|---|---| ||||2,099| ||||240| ||||240| ||||15,000
-| ||||15,000| ||||17,339
-
459
-| ||||459| ||||1,771
-
-
12
282| ||||2,065| ||||400| ||||400| ||||| ||||2,924| ||||2,924
-| ||||14,415| Page 13 **Lochboisdale Amenity Trust Ltd Detailed Statement of Financial Activities** |**Lochboisdale Amenity Trust Ltd**
**Detailed Statement of Financial Activities**|||| |---|---|---|---| |**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|16,937
-
16,937
77,147
94,084|16,937
-
16,937
77,147
94,084|14,415
-| ||||14,415| ||||62,732| ||||77,147| Page 14