Coach House Kilmuir Trust Reports & Accounts Financial Year Ending 3110312025 Contents Legal & Administrative Details Trustees Report Independent Examiners Report Receipts & Payments Statement Asset & Liability Statement Notes to the Accounts Created using ExpensePIus
Legal & Administrative Details Charity Name: Coach House Kilmuir Trust Charity Number: SC029790 Charity Address: The Coach House Imuir North Kes50ck Inverness IVI 3ZG Trustees.. Independent Examiner:
Trustees Report Objects of the chaty . to promote the advancement of reugion and splrituallty • to promrte rellglous harmorry. 5mMary of the charity's main auivilie5 and aChIementS To further the èlxlve obSects and vtsion. the charty5 main actfviUes and achlevernents were a5 fi4lows: In order to fijlfil its purposes tt Chaiity akywj wlth its 51Ster chjrtty. the sIety of Retreat Condurtors ISRCI. ctrowns a residential centre on the north shore of the Mor&y Firth. several miles from the Cent of Inverness. The two charitles are respon51ble lor the mointenance of the lIdIn95. The Chanty is solely $ onsible for the njnnin individuals seeking well-bng. spiritual re50ureing anlinrer peace and in th of thi5 centre to provide a place of hos itsli for pro s way meet its obiertives. It Is open to a ramme of retreats, workshops and day everts. The progrnmme offers events that enable the ex I to a ndthe s)jaIlty throu9h rest. reffectlon. prayer and recreation. Spiritual su lernb'on and deepeni enable5 port and resource5 a o of faith eople to gain greater 5pintual peace and an increased capacity or rellgious harmon ered. We believe that t is space receive m those v¥ho ex and understanding. The feedback we charitable objecty'ves, Sta nence tlw events encourages us In this belief. Consequently. t e Board has ensured It is lulfilling its ada kbility of our staff ng & Volunteers The tiustees continue to recognise with much appreciation, the commitrnent, exPese and oard appointed eer5 m enabling the Charity 'tality and Spiritual su port to all who come. In March 2024 May 2024. estsblishing b new as Assistant Ccwdinator and ca .?acty. continuin rurture of oversight of the Coac dminis ratQT and they totsk up their posts in to live in the Steading5 Cotta ouse wi . rent free. The pro ram ontinuSng è5 Co-ordinator in a voluntary hout the Invalua and treat givin e service of the volunteers w ea ordinator with e exieeds people's expectations. In Ive generou 5 at the Coach HoLtse would not be possible me and ener ugust 2024 ect from 31 December 2024. The Board conseguen ave notSce o to help ensure the quality of hospltall er lntenb.on to resign from her role a5 Administrator planned a pr to plan for the lUtu, The Assistant cordInatOr and retreat for periods between ramrne for April to july 2025. AthVes and Events The centre was open for indNidual guests to come on arch and the end of NoveThber. Some of these retreats were organised and njn by Coach House Staff arKI volunteers. while others were oryanised by extemal groups with the Coach House stsff and volunteer5 providing the hospitali Numbers of partscipants In the progrdmme were 51ighdy lower than the previous year. however incorne increased. The charity as both website. www.coachhousekilmuir.org and a Facebook page. These are regularly updated and provide inspirational material. notice of forthcomin9 events. profile5 of the trustees and other material of Interest to th05e seeki'ng to develop their splrltuality. In planniry the artivities. the trustee5 have applied the guidance on putAic beneftt issued by the Charity Commlsslon. Flnanclal Revlew Total funds held by the charity at 31 March 2025 stand at £113,117, a net reduction of £10,511 in Unre5tricte<l funds. This re Ihe investment from rÈ5erves In the developrnent of the new staffing model that the Board a re5ent5 Funds grew sli htj because of donab'ons for particular proiert5. The bulk of these funds are tompletion ol & I proved in March 2024. The R cted eld for the flnal payments due towards the teadings CDtta9e development. With reserves of over £IIO.000 there 15 sufficient to ride out serious Ios5 of income over a period of yeats. The tsperatirg deficit of £12,648 was planned for as part of the trnnsitional fundin stsffing model embarked on In 2024, Income from a(tivities wa5 at a similar level to the previous year. TE from reserve5 of the new rtew staff team In place this would grow and reduce the operabng deficit over the next two years will not eex ectation thot with t e fulfilled. The resignaD"on ol the Co-ordinator mean5 that the Board has 4 senou5 challenge to flnd a way ol 0rating the Coach House In a Ydy that Is ftnancially viable. This Is being èddre55ed with the hi9hest prionty by the board. Reserves Policy The Board's reserves policy is tD hold 50% of annual buthjeted eXpertdUre in the o E32.000. Our current reserves are over £113.000. The Board15 5alisfled that we ho identiff ed ri5k5.. erational account. This amounts tD approximately d adequate erVeS to mitsgate exposure to any
Independent Examiners Report I report to the trustee5 on my examination of the accounts of Ctsach Hrmjse Kilmuir Tnjst I'the charity'l for the year ended 3110312025, Responsibilities ond Basis of Report The charity's trustees bre Te5ponsible for the prepèration of the accounts in accordance wilh Ihe terms of the Charities al Trustee Investment1Scotl3ndl 2005 Att and the Charities Accounts1Scotlandl Hegulations 2006 las omendedl. The chanty trustees consider that the audit requ1ment of Regulation 10111 Idl of the Accounts Regulations doe5 not apply. It ts my responsibility to examine the accounts as required under sertion 44111 Icl of the Art and to Stale whether particular malters have come io my altention. My examination 15 carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records ke I by the charity and a cornparison of the occounts resented with those records. It also includes Considerati of any unusual items or isclosures in the accounts ond 5ee*s explanations rom the trustees concemirwj any such matters. The procedures uthjertaken do not provide all the evidence that woukt be requi in an audit and. consequently, l Oo not exp55 an avdit opinion on the view given by the accounts. Independent Examiner's Statement In the course of my examinatlon. no matter has come to my attentlon l. which 9ive5 me reasonable cause to believe that in any material respect the requ1ments.. to keep accounting records in accordance with Section 4411) lal of the 2005 Act and Re ulation 4 of the 2006 kiounts Regulations. and to prepare accounts which accord with the èccounling records and comply wii% Re9ulation 9 01 the 2Q06 Accourit5 Re9ul6tion5 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 aChed.
Receipts & Payments Statement rierriFts 5.309 Gift Aid 13.225 18.534 5,494 3.50 565 Grar Eveni IDcLKne 44.2JO 44,210 38.669 Bènk Iniére5t 2.5 IDI 2.603 2.255 Rent4 Incorr S&e5 Loan5 REcavod 1xr Inc Se of Flxeo Awts Seof I[rVestrfts 2.608 i3.SR4 65.912 Payments CbwitableActivit*s 6.836 I,iii Admln 6.838 7.205 i.iii 1,371 Bank Charges Event Cfffjts G1ft5 Gl¥en cl1 Expendliur 2( 200 12 25 J,156 17,824 36.91B 1.156 29.015 36.91B 679 Staff Costs 11,L9l 2D.548 18.389 GovernaDce Costs 435 435 250 Nx•1 A55et Pwtha5es Loah5 Repa P4oney Invested 750 750 624 65.?)? 76,423 Ftshd Transfe[51 Fwd Transf5 IAt Total Cèsh Funds 8rC9r Forward 113.149 10,419 123.628 120.256 Rewe5ented By Genwal ILknrestykted Restrkted Fund IRo#rfctedl 100.501 ID).50L 113.149 12.616 12.616 10,479
Asset & Liability Statement Cash Assets IUrntrictAdl REStrtcre¢ Fun¢ IQO.50I 100.501 113.149 10.479 12,616 IZ,616 Other Monetary Assets J4 Stock Investment Assets InbY5twl A£rthmts Fixed Assets & 8Llldkny5 ( & PA ÉqWrt Furnr0 Liabi lities LU0 P•nn P•ym•ni C HMRC Plt5
Notes to the Accounts Accounting Policies The account5 have been prepared on a receipts and payrnents basis and comprise a ststement that shows the charity's receipts and payments. a statement that summari5e5 the char*ty's assets and Iiabilits'es and related note5. The accountsncy profession have determined that only accounts prepared In accordance with applicable atcounting standards present a 'twe and fair view and, a5 these receipts and payments accounts have not land cannot) be prepared in accordance with accounts.ng standards, these accounts do not present land are not intended to presentl a 'true and faiv view of the charity's financial acb"vitie5 and stste of affairs. General funds are unrestritted funds which are available for use at the dlscretion o! the tnjstees in fijrtherance of the genetsl objertive5 of the charity. Designated funds comwise unresthcted fjJnd5 that have been set aside by the trustees for parti¢4Jlar pu fvnds are donations which are to be used in accordance with Specific restrictions Imposed by donors- they include dona oses. Restrirted from appeals for specSflc artsvitses or projects. ons received Transartions to Related Parties There were no transadons related parties during the accounting period. Movement of Funds General IL4irestrktedl TOTAL 113.149 52.584 65.232 65,232 100,501 100.501 113.149 ii3,Id 52.584 Re4Jk AestyScred Fur [RekEed) TOYAL 10.4T9 10.419 IOA79 13.328 13,328 13,328 12.616 RpsthctPd TDtal 12.816