``` REGISTERED COMPANY NUMBER: SC208883 (Scotland) REGISTERED CHARITY NUMBER: SC030350 ``` ## **`Report of the Trustees and`** ``` Unaudited Financial Statements for the Year Ended 31st March 2025 ``` ## **`for`** ## **`Assynt Leisure`** ``` (A Company Limited by Guarantee) ``` ``` Frame Kennedy 4th Floor Metropolitan House 31-33 High Street ``` ``` Inverness Inverness-shire IV1 1HT ``` ``` Assynt Leisure ``` ``` Contents of the Financial Statements for the year ended 31st March 2025 ``` ||**`Page`**| |---|---| |**`Report of the Trustees`**|`1 to 3`| |**`Independent Examiner's Report`**|`4`| |**`Statement of Financial Activities`**|`5`| |**`Balance Sheet`**|`6 to 7`| |**`Notes to the Financial Statements`**|`8 to 15`| |**`Detailed Statement of Financial Activities`**|`16 to 17`| ``` Assynt Leisure ``` ``` Report of the Trustees for the year ended 31st March 2025 ``` ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended31stMarch2025.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`Objectives and activities`** ## **`Objectives and aims`** ``` The objectiveof AssyntLeisureis to run a multi-purposefacilitywhich includesa sportshall and gym, a youtharea for socialisingandeducationalsupport,andalearningcentrewithITequipmentandInternetaccesstopromote lifelong learning. The Charity endeavours to promote physical, psychological and social well-being by providing opportunity to: ``` - `Access training,` - `Improve educational attainments,` - `Enhance self-esteem,` - `Build self-confidence,` - `Develop individual potential,` - `Interact with other communities through participation in country and regional events, and-` - `Foster social cohesion and community spirit.` ## **`Achievements and performance`** ``` AssyntLeisurecontinuedtoprovideaffordableaccesstosports,learningandsocialopportunitiesforthe local communityand visitors to the area. Like many third sector organisations,Assynt Leisure has been forced to respond to the inflationarypressuresarisingfrom 2020throughto 2023by adaptinghow it operates.CruciallyAssyntLeisure has improveditsfinancialpositionduring2024/25bydiversifyingitsincomestreams,attractingexternalfunding, and managing its cost base. ``` ``` TheCentreoffersphysicalrecreationforlocalchildrenandyouthsincludingweeklycoachedsessionsof multi-sport, after-schoolclubsandholidayprovisionduringEaster,Summer,andOctober.LocalgroupACCYPwerealsoable to provide monthly and holiday club sessions throughout the year. ``` ``` AwiderangeoffitnessclasseswasprovidedforadultsofallagesandabilitiesincludingKettlercise,Zumba, Yoga, BoogieBounce,groupcycling,andover50sfitness.AssyntIndoorBowlscontinuedwithweeklysessions throughout the winter season and held local tournaments.The Badmintonand FootballClubs held regular sessions over the winter period. ``` ``` AssyntLeisurehasincreasedthenumberofvisitorswhohavetakenadvantageofthecludgy,overnightparking, and showerfacilitiesavailable.Thenewgymhasbeenpopularamongstbothlocalmembersandvisitorsalike, helping Assynt Leisure to retain and grow its membership. ``` ``` Alongsideinvestmentinthegym,newfacilitiesforlearningatAssyntLeisurehavebeensecuredtoensurethe venue canbeusedforlearningactivitiesamongstbothchildrenandadults.Asurfacehubandmeetingfacilities have attractedgroupsandhot-deskingworkers,whilethenewlyconvertedcraftroomhasprovenpopularwithchildren as part of weekly offerings to the local community. ``` ## **`Financial review`** ## **`Reserves policy`** ``` AssyntLeisureaimstomaintainatleastaminimumreserveequivalentto3months'averageexpenditure (currently approximately £22,810). ``` ``` The actual free reserves at 31 March 2025 were in Surplus of £2,064 (2024 - Deficit £1,826). ``` ``` Page 1 ``` ``` Assynt Leisure ``` ``` Report of the Trustees for the year ended 31st March 2025 ``` ## **`Future plans`** ``` TheDirectorsremaincommittedtosustainingtheservicesprovidedbyAssyntLeisureandensuringaviable business plan. ``` ``` Anearlypriorityduring2025/26willbeinvestmentinthebuilding.Doorsandlightingintheleisurehall,along with electricalandheatingworkshavebeenprioritisedtoensurethebuildingremainsoperationalall-yearround. Funding applications are in progress to address these priorities. ``` ``` AssyntLeisurewillcontinuetoleadthedeliveryofleisureandwellbeingactivitiesforthearea.Itwillrestructure its board to develop a model of using the Centre as a hub for wider sports that take place inside and outside the centre. It will use Assynt Leisure as a base for wider sport and wellbeing-related activities and events. ``` ``` AssyntLeisurewillbuildonitssuccessfulfundraisinginrecentyearsbycontinuingtoapplyforfundingtogrow the rangeofservicesonoffer.Fundraisingwillbeparticularlytargetedatthoseserviceswhichcanimprove the attractivenessof membership and participationat the Centre to enable further income to be generated.Assynt Leisure will extend the range of activitieson offer such as through soft archery and dance classes for young people. This will be combined with local fundraising efforts through a programme of regular social events. ``` ``` Furthermore,theBoardwillexploreopportunitiestogeneratemoreincomebymaximisingthenumber of membershipsandpaidactivities.AssyntLeisurewillworkwithHighlifeHighlandtousedigitaltoolstoimprove the ability of customers to pay for a wider range of services. ``` ## **`Structure, governance and management`** ## **`Governing document`** ``` AssyntLeisureisacompanylimitedbyguaranteegovernedbyitsMemorandumandArticlesofAssociationdated 7 July2000,companynumber208883,acopyofthisdocument"certificateofincorporationofaprivate limited company" and signatories is held on file at Assynt Leisure Sport, Youth and Learning Centre and is available on request. ``` ## **`Recruitment and appointment of new trustees`** ``` An Annual General Meeting is called every year in the month of May, trustees who have been on the board for 3 years arerequiredtostanddownbutcanbere-electedbymembers.Individualsinthecommunitywithexpertise which would help in the successfulrunningof the company,and thereforeAssyntLeisure Centre, can be approachedprior to the AnnualGeneral Meetings to see if they would be willing to stand for electionto the Board of trustees.If agreeable a proposalwould be made in writing by a member and this would be secondedat the AnnualGeneral Meeting.At the first board meeting after the Annual General Meeting a chairperson would be elected from the new board of trustees. ``` ## **`Induction and training of new trustees`** ``` AtthefirstmeetingafteranAnnualGeneralMeeting,newtrusteesareaskedtocompleteregistrationforms for CompaniesHouse.Informationregardingtheday-to-dayrunningofAssyntLeisureismadeavailableviathe Centre Manager.This includessharinginformationsuch as the centre'sbusinessplan.Designatedresponsibilitiesare given to individualtrusteese.g.health&safety,humanresources,fundraising,childprotection,Treasurerand Company Secretary. Previous position holders pass on any relevant information. ``` ## **`Reference and administrative details`** ## **`Registered Company number`** ``` SC208883 (Scotland) ``` ## **`Registered Charity number`** ``` SC030350 ``` ``` Page 2 ``` ``` Assynt Leisure ``` ## **`Report of the Trustees for the year ended 31st March 2025`** ## **`Registered office`** ``` Culag New Pier Lochinver Lairg Sutherland IV27 4JP ``` ## **`Trustees`** ``` M H Hutchison R Kerr (resigned 24.9.2024) H Macdonald (resigned 16.9.2025) A Macleod D Spencer J Crowther (appointed 24.9.2024) ``` ## **`Independent Examiner`** ``` Frame Kennedy 4th Floor Metropolitan House 31-33 High Street Inverness Inverness-shire IV1 1HT ``` ``` Approved by order of the board of trustees on 27th March 2026 and signed on its behalf by: ``` ``` A Macleod - Trustee ``` ``` Page 3 ``` ``` Independent Examiner's Report to the Trustees of ``` ``` Assynt Leisure ``` ``` I report on the accounts for the year ended 31st March 2025 set out on pages five to fifteen. ``` ## **`Respective responsibilities of trustees and examiner`** ``` The charity'strustees are responsiblefor the preparationof the accountsin accordancewith the terms of the Charities and Trustee Investment(Scotland)Act 2005 and the CharitiesAccounts(Scotland)Regulations2006 (as amended). The charity'strusteesconsiderthattheauditrequirementofRegulation10(1)(a)to(c)oftheAccountsRegulations does notapply.ItismyresponsibilitytoexaminetheaccountsasrequiredunderSection44(1)(c)oftheActandto state whether particular matters have come to my attention. ``` ## **`Basis of the independent examiner's report`** ``` MyexaminationwascarriedoutinaccordancewithRegulation11oftheCharitiesAccounts(Scotland) Regulations 2006.Anexaminationincludesareviewoftheaccountingrecordskeptbythecharityandacomparisonof the accountspresentedwiththoserecords.Italsoincludesconsiderationofanyunusualitemsordisclosuresin the accounts,and seekingexplanationsfrom you as trusteesconcerningany such matters.The proceduresundertaken do not provide all the evidence that would be required in an audit,and consequentlyI 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; and` - `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.` ``` Stuart McMartin, FCA The Institute of Chartered Accountants in England and Wales ``` ``` Frame Kennedy 4th Floor Metropolitan House 31-33 High Street Inverness Inverness-shire IV1 1HT ``` ``` 27th March 2026 ``` ``` Page 4 ``` ## **`Assynt Leisure`** ## **`Statement of Financial Activities for the year ended 31st March 2025`** |**`Unrestricted`**
**`fund`**
**`Notes`**
**`£`**
**`Income and endowments from`**
`Donations and legacies`
`2`
**`5,599`**
**`Charitable activities`**
`5`
`Charitable activities`
**`86,832`**
`Other trading activities`
`3`
**`4,274`**
`Investment income`
`4`
**`479`**
**`Total`**
**`97,184`**
**`Expenditure on`**
**`Charitable activities`**
`6`
`Charitable activities`
**`93,294`**
**`NET INCOME/(EXPENDITURE)`**
**`3,890`**
**`Reconciliation of funds`**
`Total funds brought forward`
**`(1,826)`**
**`Total funds carried forward`**
**`2,064`**|**`Restricted`**
**`funds`**
**`£`**
**`2,250`**
**`17,770`**
**`-`**
**`-`**
**`20,020`**
**`39,580`**
**`(19,560)`**
**`919,501`**
**`899,941`**|**`2025`**
**`Total`**
**`funds`**
**`£`**
**`7,849`**
**`104,602`**
**`4,274`**
**`479`**
**`117,204`**
**`132,874`**
**`(15,670)`**
**`917,675`**
**`902,005`**|**`2024`**
**`Total`**
**`funds`**
**`£`**
`2,402`
`73,126`
`1,967`
`-`
`77,495`
`104,603`
`(27,108)`
`944,783`
`917,675`| |---|---|---|---| ``` The notes form part of these financial statements ``` ``` Page 5 ``` ## **`Assynt Leisure`** ## **`Balance Sheet 31st March 2025`** |**`Notes`**
**`Fixed assets`**
`Tangible assets`
`11`
**`Current assets`**
`Stocks`
`12`
`Debtors`
`13`
`Cash at bank`
**`Creditors`**
`Amounts falling due within one year`
`14`
**`Net current assets`**
**`Total assets less current liabilities`**
**`NET ASSETS`**
**`Funds`**
`16`
`Unrestricted funds`
`Restricted funds`
**`Total funds`**|**`2025`**
**`£`**
**`877,895`**
**`1,152`**
**`1,072`**
**`33,215`**
**`35,439`**
**`(11,329)`**
**`24,110`**
**`902,005`**
**`902,005`**
**`2,064`**
**`899,941`**
**`902,005`**|**`2024`**
**`£`**
`898,000`
`120`
`669`
`26,640`
`27,429`
`(7,754)`
`19,675`
`917,675`
`917,675`
`(1,826)`
`919,501`
`917,675`| |---|---|---| ``` The charitablecompanyis entitledto exemptionfrom audit under Section 477 of the CompaniesAct 2006 for the year ended 31st March 2025. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` The notes form part of these financial statements ``` ``` Page 6 ``` ``` Assynt Leisure ``` ``` Balance Sheet - continued 31st March 2025 ``` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon27thMarch2026 and were signed on its behalf by: ``` ``` A Macleod - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 7 ``` ``` Assynt Leisure ``` ``` Notes to the Financial Statements for the year ended 31st March 2025 ``` ## **`1. Accounting policies`** ## **`Basis of preparing the financial statements`** ``` The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been prepared in accordancewith the Charities SORP (FRS 102) 'Accountingand Reportingby Charities:Statement of RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` All income is recognised in the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis andhasbeenclassifiedunderheadingsthataggregateallcostrelatedto thecategory.Wherecostscannot be directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationis providedat the followingannualratesin order to write off each assetover its estimated useful life. ``` ``` Land and buildings- 2% on cost Equipment- 15% on reducing balance ``` ## **`Stocks`** ``` Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowanceforobsolete and slow moving items. ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe 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. ``` ``` Page 8 ``` ``` Assynt Leisure ``` ## **`Notes to the Financial Statements - continued for the year ended 31st March 2025`** |**`2.`**
**`Donations and legacies`**
`Donations`
`Club income`
**`3.`**
**`Other trading activities`**
`Fundraising events`
`Vending machines/cafe`
**`4.`**
**`Investment income`**
`Deposit account interest`
**`5.`**
**`Income from charitable activities`**
**`Activity`**
`Grants`
`Charitable activities`
`Club usage and membership`
`Charitable activities`
`Overnight stays and facilities`
`Charitable activities`
`Course income`
`Charitable activities`
`Grants received, included in the above, are as follows:`
`The Highland Council`
`Assynt Development Trust`|**`2025`**
**`£`**
**`7,216`**
**`633`**
**`7,849`**
**`2025`**
**`£`**
**`2,409`**
**`1,865`**
**`4,274`**
**`2025`**
**`£`**
**`479`**
**`2025`**
**`£`**
**`56,312`**
**`40,345`**
**`7,945`**
**`-`**
**`104,602`**
**`2025`**
**`£`**
**`54,887`**
**`1,425`**
**`56,312`**||**`2024`**
**`£`**
`1,378`
`1,024`
`2,402`
**`2024`**
**`£`**
`757`
`1,210`
`1,967`
**`2024`**
**`£`**
`-`
**`2024`**
**`£`**
`23,028`
`42,836`
`7,156`
`106`| |---|---|---|---| ||||`73,126`| ||||**`2024`**
**`£`**
`23,028`
`-`| ||||`23,028`| ``` Page 9 ``` ``` Assynt Leisure ``` ## **`Notes to the Financial Statements - continued for the year ended 31st March 2025`** ## **`6. Charitable activities costs`** ``` DirectSupport CostscostsTotals £££ Charitable activities 129,7603,114132,874 ``` ## **`7. Net income/(expenditure)`** ``` Net income/(expenditure) is stated after charging/(crediting): ``` ||**`2025`**|**`2024`**| |---|---|---| ||**`£`**|**`£`**| |`Depreciation - owned assets`|**`38,522`**|`27,150`| ## **`8. Trustees' remuneration and benefits`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31stMarch2025norforthe year ended 31st March 2024. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31stMarch2025norfortheyear ended 31st March 2024. ``` ## **`9. Staff costs`** |`Wages and salaries`
`The average monthly number of employees during the year was as follows:`
`Number of staff`|**`2025`**
**`£`**
**`48,402`**
**`48,402`**
**`2025`**
**`4`**|**`2024`**
**`£`**
`43,576`| |---|---|---| |||`43,576`| |||**`2024`**
`4`| ``` No employees received emoluments in excess of £60,000. ``` ``` Page 10 ``` ``` Assynt Leisure ``` ## **`Notes to the Financial Statements - continued`** ## **`for the year ended 31st March 2025`** ## **`10. Comparatives for the statement of financial activities`** |**`Income and endowments from`**
`Donations and legacies`
**`Charitable activities`**
`Charitable activities`
`Other trading activities`
**`Total`**
**`Expenditure on`**
**`Charitable activities`**
`Charitable activities`
**`NET INCOME/(EXPENDITURE)`**
**`Reconciliation of funds`**
`Total funds brought forward`
**`Total funds carried forward`**
**`11.`**
**`Tangible fixed assets`**
**`Cost`**
`At 1st April 2024`
`Additions`
`At 31st March 2025`
**`Depreciation`**
`At 1st April 2024`
`Charge for year`
`At 31st March 2025`
**`Net book value`**
`At 31st March 2025`
`At 31st March 2024`|**`Unrestricted`**
**`fund`**
**`£`**
`2,402`
`73,126`
`1,967`
`77,495`
`77,632`
`(137)`
`(1,689)`
`(1,826)`
**`Land and`**
**`buildings`**
**`£`**
**`1,256,417`**
**`-`**
**`1,256,417`**
**`429,280`**
**`25,127`**
**`454,407`**
**`802,010`**
`827,137`|**`Restricted`**
**`funds`**
**`£`**
`-`
`-`
`-`
`-`
`26,971`
`(26,971)`
`946,472`
`919,501`
**`Equipment`**
**`£`**
**`124,609`**
**`18,417`**
**`143,026`**
**`53,746`**
**`13,395`**
**`67,141`**
**`75,885`**
`70,863`|**`Total`**
**`funds`**
**`£`**
`2,402`
`73,126`
`1,967`
`77,495`
`104,603`
`(27,108)`
`944,783`
`917,675`
**`Totals`**
**`£`**
**`1,381,026`**
**`18,417`**
**`1,399,443`**
**`483,026`**
**`38,522`**
**`521,548`**
**`877,895`**
`898,000`| |---|---|---|---| ``` Page 11 ``` ``` Assynt Leisure ``` ## **`Notes to the Financial Statements - continued for the year ended 31st March 2025`** |**`12.`**
**`Stocks`**
`Stocks`
**`13.`**
**`Debtors: amounts falling due within one year`**
`Trade debtors`
`Prepayments`
**`14.`**
**`Creditors: amounts falling due within one year`**
`Trade creditors`
`Social security and other taxes`
`Other creditors`
`Accrued expenses`
**`15.`**
**`Analysis of net assets between funds`**
**`Unrestricted`**
**`fund`**
**`£`**
`Fixed assets`
**`864`**
`Current assets`
**`12,529`**
`Current liabilities`
**`(11,329)`**
**`2,064`**|**`Restricted`**
**`funds`**
**`£`**
**`877,031`**
**`22,910`**
**`-`**
**`899,941`**|**`2025`**
**`£`**
**`1,152`**
**`2025`**
**`£`**
**`200`**
**`872`**
**`1,072`**
**`2025`**
**`£`**
**`5,250`**
**`458`**
**`153`**
**`5,468`**
**`11,329`**
**`2025`**
**`Total`**
**`funds`**
**`£`**
**`877,895`**
**`35,439`**
**`(11,329)`**
**`902,005`**|**`2024`**
**`£`**
`120`
**`2024`**
**`£`**
`-`
`669`
`669`
**`2024`**
**`£`**
`1,341`
`2,124`
`137`
`4,152`
`7,754`
**`2024`**
**`Total`**
**`funds`**
**`£`**
`898,000`
`27,429`
`(7,754)`
`917,675`| |---|---|---|---| ``` Page 12 ``` ``` Assynt Leisure ``` ## **`Notes to the Financial Statements - continued for the year ended 31st March 2025`** ## **`16. Movement in funds`** |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Assynt Leisure Building`
`Training and equipment fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Assynt Leisure Building`
`Training and equipment fund`
**`TOTAL FUNDS`**|**`Net`**
**`movement`**
**`At`**
**`At 1/4/24`**
**`in funds`**
**`31/3/25`**
**`£`**
**`£`**
**`£`**
**`(1,826)`**
**`3,890`**
**`2,064`**
**`856,963`**
**`(24,087)`**
**`832,876`**
**`62,538`**
**`4,527`**
**`67,065`**
**`919,501`**
**`(19,560)`**
**`899,941`**
**`917,675`**
**`(15,670)`**
**`902,005`**
**`Incoming`**
**`Resources`**
**`Movement`**
**`resources`**
**`expended`**
**`in funds`**
**`£`**
**`£`**
**`£`**
**`97,184`**
**`(93,294)`**
**`3,890`**
**`2,250`**
**`(26,337)`**
**`(24,087)`**
**`17,770`**
**`(13,243)`**
**`4,527`**
**`20,020`**
**`(39,580)`**
**`(19,560)`**
**`117,204`**
**`(132,874)`**
**`(15,670)`**| |---|---| ## **`Comparatives for movement in funds`** |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Assynt Leisure Building`
`Training and equipment fund`
**`TOTAL FUNDS`**|**`Net`**
**`movement`**
**`At 1/4/23`**
**`in funds`**
**`£`**
**`£`**
`(1,689)`
`(137)`
`882,091`
`(25,128)`
`64,381`
`(1,843)`
`946,472`
`(26,971)`
`944,783`
`(27,108)`|**`At`**
**`31/3/24`**
**`£`**
`(1,826)`
`856,963`
`62,538`
`919,501`
`917,675`| |---|---|---| ``` Page 13 ``` ``` Assynt Leisure ``` ``` Notes to the Financial Statements - continued for the year ended 31st March 2025 ``` ## **`16. Movement in funds - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Assynt Leisure Building`
`Training and equipment fund`
**`TOTAL FUNDS`**|**`Incoming`**
**`resources`**
**`£`**
`77,495`
`-`
`-`
`-`
`77,495`|**`Resources`**
**`Movement`**
**`expended`**
**`in funds`**
**`£`**
**`£`**
`(77,632)`
`(137)`
`(25,128)`
`(25,128)`
`(1,843)`
`(1,843)`
`(26,971)`
`(26,971)`
`(104,603)`
`(27,108)`| |---|---|---| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Assynt Leisure Building`
`Training and equipment fund`
**`TOTAL FUNDS`**|**`Net`**
**`movement`**
**`At 1/4/23`**
**`in funds`**
**`£`**
**`£`**
`(1,689)`
`3,753`
`882,091`
`(49,215)`
`64,381`
`2,684`
`946,472`
`(46,531)`
`944,783`
`(42,778)`|**`At`**
**`31/3/25`**
**`£`**
`2,064`
`832,876`
`67,065`| |---|---|---| |||`899,941`| |||`902,005`| ``` Page 14 ``` ``` Assynt Leisure ``` ## **`Notes to the Financial Statements - continued for the year ended 31st March 2025`** ## **`16. Movement in funds - continued`** ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Assynt Leisure Building`
`Training and equipment fund`
**`TOTAL FUNDS`**|**`Incoming`**
**`resources`**
**`£`**
`174,679`
`2,250`
`17,770`
`20,020`
`194,699`|**`Resources`**
**`Movement`**
**`expended`**
**`in funds`**
**`£`**
**`£`**
`(170,926)`
`3,753`
`(51,465)`
`(49,215)`
`(15,086)`
`2,684`
`(66,551)`
`(46,531)`
`(237,477)`
`(42,778)`| |---|---|---| ## **`17. Related party disclosures`** ``` There were no related party transactions for the year ended 31st March 2025. ``` ``` Page 15 ``` ``` Assynt Leisure ``` ## **`Detailed Statement of Financial Activities for the year ended 31st March 2025`** |**`Income and endowments`**
**`Donations and legacies`**
`Donations`
`Club income`
**`Other trading activities`**
`Fundraising events`
`Vending machines/cafe`
**`Investment income`**
`Deposit account interest`
**`Charitable activities`**
`Grants`
`Club usage and membership`
`Overnight stays and facilities`
`Course income`
**`Total incoming resources`**
**`Expenditure`**
**`Charitable activities`**
`Wages`
`Rent, rates and insurance`
`Light and heat`
`Telephone`
`Postage and stationery`
`Sundries`
`Vending machine/cafe purchases`
`Repairs and maintenance`
`Learning cost centre`
`IT costs`
`Bank charges`
`Professional fees`
`Recruitment costs`
`Carried forward`|**`2025`**
**`£`**
**`7,216`**
**`633`**
**`7,849`**
**`2,409`**
**`1,865`**
**`4,274`**
**`479`**
**`56,312`**
**`40,345`**
**`7,945`**
**`-`**
**`104,602`**
**`117,204`**
**`48,402`**
**`6,894`**
**`14,495`**
**`1,130`**
**`1,090`**
**`1,289`**
**`2,470`**
**`6,881`**
**`3,794`**
**`2,402`**
**`546`**
**`1,845`**
**`-`**
**`91,238`**|**`2024`**
**`£`**
`1,378`
`1,024`| |---|---|---| |||`2,402`
`757`
`1,210`| |||`1,967`
`-`
`23,028`
`42,836`
`7,156`
`106`| |||`73,126`| |||`77,495`
`43,576`
`6,560`
`10,839`
`808`
`610`
`54`
`1,149`
`4,067`
`2,710`
`1,425`
`286`
`2,767`
`100`
`74,951`| ``` This page does not form part of the statutory financial statements ``` ``` Page 16 ``` ``` Assynt Leisure ``` ## **`Detailed Statement of Financial Activities for the year ended 31st March 2025`** |**`Charitable activities`**
`Brought forward`
`Depn of land and buildings`
`Depn of equipment`
**`Support costs`**
**`Governance costs`**
`Accountancy and legal fees`
`Total resources expended`
**`Net expenditure`**|**`2025`**
**`£`**
**`91,238`**
**`25,127`**
**`13,395`**
**`129,760`**
**`3,114`**
**`132,874`**
**`(15,670)`**|**`2024`**
**`£`**
`74,951`
`25,128`
`2,022`
`102,101`
`2,502`
`104,603`
`(27,108)`| |---|---|---| ``` This page does not form part of the statutory financial statements ``` ``` Page 17 ```