Charity number SC031567 Company Number SC251805
Arrochar & Tarbet Community Development Trust (A company limited by guarantee)
Directors’ Report and Financial Statements
For the year ended 31% March 2025
Arrochar & Tarbet Community Development Trust (A company Limited by guarantee)
Reference and administrative information
Charity Number $C031567 Company Registration Number $C251805
Registered Office
The Three Villages Hall Shore Road Arrochar Argyll & Bute G83 7AA
Country of Origin UK Trustees . Mhairi Louise Cadie Donald Mevean Illingworth Jen Little Brenda Steele MacCrimmon Duncan Iain MacLachlan Carol Ann Munn Nicholas Ryan Novak
(appointed 12'* August 2024) (appointed 12‘ August 2024)
(appointed 12 March 2024)
(appointed 27" June 2024) (appointed 11 September 2024)
Accountants Nevis Accountancy Services Limited Office 6
An Drochaid Claggan Road Fort William Inverness-Shire PH33 6PH
Bankers
Royal Bank of Scotland 36 St Andrew Square Edinburgh EH2 2YB
PTS
ER
Page I
Arrochar & Tarbet Community Development Trust
(A company Limited by guarantee)
Chair's Report For the year ended 31 March 2025
Having recently stepped into the role as Chair, I am pleased to report on a successful year for the Trust that was characterised by our strategic focus on implementing our community's Local Place Plan (LPP) following its establishment in 2023. This year focused on translating community vision into tangible progress.
Local Place Plan Implementation
We have achieved significant progress across several priority areas identified in the LPP. Housing discussions are advancing, whilst grant funding has been secured for feasibility studies addressing two critical community needs: the regeneration of derelict land and the provision of permanent public toilet facilities. However, we recognise that delivering LPP objectives at the required pace cannot be sustained solely through volunteer effort within our small community. Consequently, securing grant funding for a dedicated Development Officer position has become a strategic priority for the coming year. :
Community Investment and Support
The Trust received a substantial community dividend from the Arrochar Community Hydro Scheme, enabling us to distribute nearly £50,000 in grants across diverse community organisations. Principal beneficiaries included Arrochar Primary School, Arrochar Parish Church, and Arrochar Mountain Rescue. Additional funding supported projects delivering direct community benefit, including our Waterfront Improvements initiative, whilst also facilitating the establishment of new community groups. Individual grants were awarded to support local residents' education and training opportunities. In collaboration with partner organisations, we continued to provide essential visitor management through our Visitor Warden service and seasonal toilet facilities at Loch Long.
Community Hub Operations
The Trust maintained operational oversight of the Three Villages Community Hall, which experienced steady growth in both local and commercial usage, strengthening its financial sustainability. Whilst we regret the cessation of some established groups, notably the Scouts due to volunteer recruitment challenges, we have welcomed new initiatives including a Parent and Baby Group and an Art Class. The Hall continues to serve the Open Doors programme, providing weekly social interaction and exercise opportunities for older community members. Our civic responsibilities remain central to the Hall's mission, hosting polling stations, vaccination clinics, and public meetings, alongside supporting community celebrations and private functions.
Strategic Priorities
Three key objectives will guide the Trust's activities in the forthcoming year: accelerating Local Place Plan delivery, preferably supported by a dedicated Development Officer; recruiting new Directors to enhance our governance capacity and bring fresh expertise; and implementing a comprehensive upgrade programme for the Three Villages Hall infrastructure as the facility enters its sixteenth year of operation.
Conclusion
My earnest thanks go to all the Trustees and wider community members that have contributed to our progress this year. In particular, I want to thank and acknowledge the diligent and inspiring work of our previous Chair, Duncan MacLachlan, who is responsible for leading the Trust over these many years. Duncan will continue on as a Trustee and we are all looking forward to our continued collaboration.
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———— itt
Nick Novak
Chair ;
Date: Sn December 2025
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Se
SL Page 2
Arrochar & Tarbet Community Development Trust
(A company limited by guarantee)
Independent examiner’s report to the trustees on the unaudited financial statements of Arrochar & Tarbet Community Development Trust
I report on the financial statements of the charity for the year ended 31“ March 2025 which are set out on pages 4 to 17 and comprise the statement of financial activities, the balance sheet and the related notes. These financial statements have been prepared in accordance with the Financial Reporting Standard FRS102 (effective January 2016), under the historical cost convention and the accounting policies set out therein.
Respective responsibilities of trustees and independent examiner
The charity’s trustees (who are also the directors of the company for the purposes of company law) 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. 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 accounts 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 statement
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 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
(i) 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
(ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
AN KY ‘_
A
Mrs Wh S R Kennedy FMAAT FCCA Date: / December 2025 Chartered Certified Accountant Nevis Accountancy Services Limited An Drochaid Claggan Road Fort William PH33 6PH
SETS
Page 3
Arrochar & Tarbet Community Development Trust (A company Limited by guarantee)
Report of the directors (incorporating the trustees’ report) For the year ended 31% March 2025
The directors present their report and the financial statements for the year ended 31 March 2025. The directors who are also trustees of Arrochar & Tarbet Community Development Trust for the purpose of charity law and who served during the year and up to the date of this report are set out on Page 1.
Structure, Governance and Management
The charity is constituted as a company limited by guarantee and is governed by its Memorandum and Articles of Association.
The methods used to recruit and appoint new charity trustees are identified in the Memorandum and Articles of Association.
The Company was registered as a charity on 14" February 2001 and became incorporated on 26" June 2003 as a company limited by guarantee. Trustees are also members of the management committee, the latter body being responsible for the day to day running of the company.
Reference and Administrative Details
The name of the charity is Arrochar & Tarbet Community Development Trust. Its Charity number is SC031567 and Company Number is $C251805.
The address of the principal office and the address of its registered office is: The Three Villages Hall, Shore Road, Arrochar, Scotland, G83 TAB.
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The names|of the|charity’s|trustees|as|at this report|date|or who|served as a trustee|in the reporting|period|are|as|follows:|
|Mhairi|Louise|Cadie|(appointed|12" August 2024)|
|Donald Mcvean|Illingworth|(appointed|12 August 2024)|
|Jen|Little|
|Brenda|Steele MacCrimmon|(appointed|12" March|2024)|
|Duncan|Iain|MacLachlan|
|Carol Ann Munn|(appointed 27" June 2024)|
|Nicholas|Ryan Novak|(appointed|11"|September 2024)|
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Objectives and Activities
The charitable objects of the charity are as follows:
(a) To relieve poverty among those residents of Arrochar, Tarbet, Succoth, upper Loch Long and upper Loch Lomondside which is the general area and boundaries covered by the locally elected Community Council for Arrochar and Tarbet. (The Operating Area); (b) To relieve the needs of those in the community who are disadvantaged by reason of their rural isolation in such ways as are charitable in law, including the young, unemployed, elderly, those suffering from mental and/or physical disability, illness or impairment; (c) To provide in the interests of social welfare within the Operating Area facilities for recreation and other leisure time occupation available to the public at large with a view to improving their conditions of life; (d) To advance education particularly, but not exclusively, amongst unemployed people through the provision of various forms of educational opportunities thereby contributing to the life-long learning and development of such individuals. (ec) To promote training skills and opportunities of all kinds, particularly such skills as will assist residents in the Operating Area to obtain gainful employment; (f) To promote, facilitate and support other schemes and projects of a charitable nature for the benefit of the community within the Operating Area;
(g) To preserve, restore and improve the environment in and around the Operating Area through the provision, maintenance and/or improvement of public open space and other public amenities and other environmental and rural regeneration projects, and in doing so, to seek wherever appropriate (but subject to appropriate safeguards to ensure that the public benefit so arising clearly outweighs any private benefit thereby conferred on private landowners) to carry out works of reclamation, remediation, restoration and other operations to facilitate the use for those purposes of land whose use has been prevented or restricted because of previous use. (h) To promote for the public benefit the preservation (whether wholly or in part) of buildings and other structures of historic and/or architectural significance located within the Operating Area.
Achievements and Performance
See Chairs Report
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PTT
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Page 4
Arrochar & Tarbet Community Development Trust
(A company Limited by guarantee)
Report of the directors (incorporating the trustees’ report) continued For the year ended 31% March 2025
Financial Review
The financial position at the end of the year is total income of £136,218, total expenditure of£127,252 resulting in a surplus of £8,966.
The charitable company’s Reserves Policy is to ensure that enough funds are held to cover at least six months unrestricted net expenditure and a minimum of £10,000. At the end of this year there was £195,201 in unrestricted funds which complies with this policy.
The trustees, therefore, do not have any uncertainties about the charity’s ability to continue as a going concern.
Exemptions from Disclosure
There are no exemptions from disclosure.
Funds held as custodian Trustee on behalf of others
Arrochar & Tarbet Community Development Trust does hold funds as a custodian Trustee on behalf of others. These are as follows:
| Name | £ |
|---|---|
| Intergenerational Group | 163.00 |
| FriendsofLochLomond(FOLL) - VisitorWarden andportaloo toilets | 222.42 |
| Open Doors | 4,244.82 |
| Total | 4,630.24 |
a
Page 5
Arrochar & Tarbet Community Development Trust
(A company Limited by guarantee)
Report of the directors (incorporating the trustees’ report) continued For the year ended 31% March 2025
Statement of Directors’ Responsibilities
The directors (who are also the trustees of Arrochar & Tarbet Community Development Trust under charity law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the directors are required to:-
-
e Select suitable accounting policies and then apply them consistently
-
© Observe the methods and principles in the Charities SORP
-
e Make judgements and estimates that are reasonable and prudent
-
e State whether applicable UK Accounting Standards have been followed subject to any material departures disclosed and explained in the financial statements, and
-
© Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, and the Charities Accounts (Scotland) Regulations 2006 (as amended), FRS102 (effective January 2016) and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Sarah Kennedy FMAAT FCCA ofNevis Accountancy Services was deemed to be appointed as independent examiner and the directors recommend that Sarah Kennedy FMAAT FCCA remains in office until further notice.
Small Company provisions
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
This report was approved by the Board and signed on its behalf by:-
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ff(ELE [ALmK
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Jen Little Director
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Date: art, December 2025
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Sa
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Page 6
Arrochar & Tarbet Community Development Trust (A company limited by guarantee)
Statement of financial activities (incorporating the income and expenditure account) For the year to 31°* March 2025
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|2025|2024|
|Unrestricted|Designated|Restricted|Total|Total|
|Funds|Funds|Funds|Funds|Funds|
|Note|£|£|£|£|£|
|Income|and endowments|from:|
|Donations|and|legacies|2|1,107|-|404|1,511|2,947|
|Charitable|activities|for generating funds|3|32,049|-|-|32,049|37,251|
|Charitable|activities|- grants|4|-|-|101,000|101,000|23,000|
|Other trading activities|5|-|-|-|-|-|
|Investments|6|1,153|-|-|1,153|731|
|Other|7|505|-|-|505|73,719|
|Total|Income|34,814|-|101,404|136,218|137,648|
|Expenditure|on:|
|Raising funds|-|-|-|-|-|
|Charitable|activities|8|22,981|-|103,791|126,772|1,062,120|
|Other|-|support|costs|9|480|-|-|480|400|
|Tax on|activities|10|-|-|-|-|-|
|Total|expenditure|23,461|”||103,791|127,252||1,062,520|
|Net income/(expenditure)|for the|year|11,353|-|(2,387)|8,966|(924,872)|
|Transfers|between funds|(9,444)|-|9,444|-|-|
|1,909|-|7,057|8,966|(924,872)|
|Other recognised|gains/(losses):|
|Gains/(losses)|on revaluatoin|of fixed|assets|-|-|-|-|-|
|Actuarial|gains/(losses)|on|defined|
|benefit pension|schemes|.|.|.|.|
|Other gains/(losses)|-|-|-|-|-|
|Net movement in|funds|1,909|-|7,057|8,966|(924,872)|
|Reconciliation|of funds:|
|Total funds brought|forward|193,292|-|163,442|356,734|1,281,606|
|Total|funds|carried forward|195,201|-|170,499|365,700|356,734|
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The notes on pages 10 to 17 form part of these financial statements ERE ST SE TESS DBT TT TS SBE ES ETE Page 7
Arrochar & Tarbet Community Development Trust Company No SC251805 (A company limited by guarantee)
Balance sheet as at 31** March 2025
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||||||||
|---|---|---|---|---|---|---|
|2025|2024|
|Total|Funds|Total|Funds|
|Note|£|£|
|Fixed Assets:|
|Intangible|assets|?|=|
|Tangible assets|12|219,311|280,106|
|Heritage|assets|-|-|
|Investments|~|-|
|Totalfixed assets|219,311|280,106|
|Current|assets:|
|Stocks|13|1,021|875|
|Debtors|14|3,259|6,427|
|Investments|15|100|100|
|Cash|at bank and|in hand|143,810|74,670|
|Total|current assets|148,191|82,072|
|Liabilities:|
|Creditors: Amounts|falling due within|one year|16|1,801|5,443|
|Net current assets|or|liabilities|146,389|76,628|
|Total assets|less|current|liabilities|365,700|356,734|
|Creditors:|Amounts|falling due after more than one y|ear|-|-|
|Provisions|for|liabilities|-|-|
|Net asset or|liabilities|excludingpension|asset or|liability|-|-|
|Defined benefit|pension scheme asset|or|liability|-|-|
|Total|net assets or liabilities|365,700|356,734|
|The|funds|of the|charity:|
|Endowment|funds|-|-|
|Restricted income funds|170,499|163,442|
|Total restrictedfunds|17|170,499|163,442|
|Unrestricted|funds|18|195,201|193,292|
|Revaluation|reserve|19|-|-|
|Pension|reserve|-|-|
|Total|unrestrictedfunds|195,201|193,292|
|Total|charity funds|20|365,700|356,734|
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The notes on pages 10 to 17 form part of these financial statements
SR
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a ETE
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Page 8
Arrochar & Tarbet Community Development Trust Company No SC251805 (A company limited by guarantee)
Directors’ statements required by Section 477 of the Companies Act 2006 for the year ended 31% March 2025
In approving these financial statements as directors of the company we hereby confirm:
- a) _ that for the year ending 31% March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
b) _ that no notice has been deposited at the registered office ofthe company pursuant to section 476 of the Companies Act 2006 requesting that an audit be conducted for the year ended 31 March 2025.
-
c) that we acknowledge our responsibilities for:
-
1) ensuring that the company keeps proper accounting records which comply with section 386 of the Companies Act
2) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its surplus or deficit for the year then ended in accordance with the requirements of sections 394 and 395, and which otherwise comply with the provisions of the Companies Act relating to financial statements, so far as applicable to the company and in which the methods and principles in the Charities SORP and all applicable UK accounting standards have been followed These financial statements are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and in accordance with the Financial Reporting Standard FRS102 (effective January 2016).
The financial statements were approved by the Board and signed on its behalf by:
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thtl
(’Zaefth
Jen Little
Director
Date: Rh December 2025
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The notes on pages 10 to 17 form part of these financial statements
Page 9
Arrochar & Tarbet Community Development Trust
Notes to the financial statements For the year ended 31% March 2025
(A company limited by guarantee)
- Accounting Policies
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year. There are no material uncertainties about the charity’s ability to continue. The charity is a public benefit entity.
1.1 Basis of Accounting
These financial statements have been prepared in accordance with the 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 the Republic of Ireland (FRS 102 effective 1 January 2015), the Charities Statement of Recommended Practice (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Companies Act 2006.
Assets and Liabilities are initially recognised at historical cost or transaction valued unless otherwise stated.
The presentation currency of these accounts is in pounds sterling.
1.2
Income recognition policies
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:-
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
Income from investments is included in the year in which it is receivable.
1.3
Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
1.4 Fund Accounting
Unrestricted funds are those available to use at the discretion of the Directors in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds are those unrestricted funds which have been set aside by trustees for an essential spend or future purpose.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes.
1.5
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates calculated to write off the cost of each asset over its expected useful life as follows:
Freehold 5% Straight Line Fixtures & Fittings 25% Straight Line 1.6 Stocks
The accounting policy adopted in measuring the value of stocks was the lower of cost or net realisable value.
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SREE STS EES SST
Page 10
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Arrochar & Tarbet Community Development Trust (A company limited by guarantee)
Notes to the financial statements continued For the year ended 31% March 2025
2 Donations and legacies
| 2 Donations and legacies |
||||
|---|---|---|---|---|
| 2025 | 2024 | |||
| Unrestricted Funds |
Restricted Funds |
Total Funds |
Total Funds |
|
| £ | £ | £ | £ | |
| General donations | 1,107 | 404 | 1,511 | 2,947 |
| Memberships | - | : | - | - |
| 1,107 | 404 | 1,511 | 2.947 | |
| 3 Charitable activities forgenerating funds |
||||
| 2025 | 2024 | |||
| Unrestricted Funds |
Restricted Funds |
Total Funds |
Total Funds |
|
| £ | £ | £ | £ | |
| Hall Hire | 20,894 | - | 20,894 | 27,733 |
| Parking | 1,370 | - | 1,370 | 990 |
| Barsales | 4,200 | - | 4,200 | 6,218 |
| Events income | 1,986 | - | 1,986 | 1,531 |
| Café rent | 3,600 | - | 3,600 | - |
| Sundry activities | - | - | - | 7719 |
| 32,049 | - | 32,049 | 37,251 | |
| 4 Charitable activities -grants |
||||
| 2025 | 2024 | |||
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | |
| Hydro CommunityFunds | - | 50,000 | 50,000 | 11,000 |
| FriendsofLochLomond | - | - | - | 5,000 |
| Foundation Scotland | ~ | 48,500 | 48,500 | - |
| SSE | é | 5 | - | 3,000 |
| OpenDoors | - | 2.500 | 2,500 | 4,000 |
| - | 101,000 | 101,000 | 23.000 | |
| 5 Othertrading activities |
||||
| 2025 | 2024 | |||
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | |
| Other trading activities | - | : | - | - |
| 6 InvestmentIncome |
||||
| 2025 | 2024 | |||
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | |
| Dividend income | 20 | - | 20 | 11 |
| Interestreceivable | 1,133 | - | 1,133 | 720 |
| 1,153 | - | 1,153 | 731 |
[SP
SL BS SSS
Page 11
Arrochar & Tarbet Community Development Trust (A company limited by guarantee)
Notes to the financial statements continued
For the year ended 31% March 2025
7 Other Income
| 7 | Other IncomeIncome | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2024 | ||||||||
| Unrestricted Funds |
Restricted Funds |
Total Funds |
Total Funds |
||||||
| £ | £ | £ | £ | ||||||
| Saleofequipment | 505 | - | 505 | 350 | |||||
| Releaseofstrange | figures in2023 accs | - | - | - | 73.359 | ||||
| 505 | - | 505 | 73,719 | ||||||
| 8 | Expenditure for Charitable activities | ||||||||
| 2025 | 2024 | ||||||||
| Unrestricted | Restricted | Total | Total | ||||||
| Funds | Funds | Funds | Funds | ||||||
| £ | £ | £ | £ | ||||||
| Cost ofSales | |||||||||
| Barpurchases | 1,509 | - | 1,509 | 1,087 | |||||
| Events costs | 1,894 | 1,968 | 3,862 | 1,786 | |||||
| Overheads | |||||||||
| Bankcharges | 194 | - | 194 | 184 | |||||
| Catering | - | 305 | 305 | 652 | |||||
| Cleaning | 114 | - | 114 | 421 | |||||
| Computer&IT consumables | 72 | - | 72 | - | |||||
| Co-Ordinator /subcontractor | - | 13,500 | 13,500 | 13,000 | |||||
| Depreciation | - | 60,795 | 60,795 | 1,010,369 | |||||
| Electricity | 8,394 | - | 8,394 | 12,125 | |||||
| Events | - | - | - | 320 | |||||
| FOLL supplies | - | - | - | 4,954 | |||||
| Grants paid | - | 19,675 | 19,675 | 4,200 | |||||
| Intergenerational payments | - | - | - | 50 | |||||
| Insurance - Café | 1,713 | - | 1,713 | 1,175 | |||||
| Insurance- Premises | 2,034 | - | 2,034 | 2,390 | |||||
| Licences | 177 | - | 177 | 142 | |||||
| Miscellaneous | 34 | - | 34 | 1 | |||||
| Adj redebtors bal atbeg ofyr | /Open doors | payments | - | - | - | 1,023 | |||
| Professional fees | 1,902 | ” | 1,902 | - | |||||
| Rent hall share-open doorspayments | - | 1,250 | 1,250 | 1,350 | |||||
| Repairs&Maintenance | 3,616 | 2,981 | 6,597 | 5,449 | |||||
| Postage | 9 | - | 9 | 169 | |||||
| Subscriptions | 90 | - | 90 | 90 | |||||
| Telephone | 1,010 | - | 1,010 | 1,117 | |||||
| Wages | - | 3,250 | 3,250 | - | |||||
| EmployersNI | - | - | - | - | |||||
| Website costs | 170 | - | 170 | 16 | |||||
| Pensions | - | 66 | 66 | - | |||||
| Equipment expensed | 48 | 48 | - | ||||||
| BadDebts | - | - | - | 50 | |||||
| 22,981 | 103,791 | _—126,772 | 1,062,120 |
Page 12
Arrochar & Tarbet Community Development Trust (A company limited by guarantee)
Notes to the financial statements continued
For the year ended 31% March 2025
9 Expenditure for Other costs - Support costs
| 2025 | 2024 | |||
|---|---|---|---|---|
| Unrestricted Funds |
Restricted Funds |
Total Funds |
Total Funds |
|
| £ | £ | £ | £ | |
| IndependentExamination | 240 | - | 240 | 200 |
| Accountancy Services | 240 | - | 240 | 200 |
| Legal& professional fees | = | : | 5 | tS |
| ___480 | ree | —_480 | 400 |
10 Taxation
The charity’s activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 2010. Accordingly, there is no taxation charge in these accounts.
11 Employees
Employment costs:
| Employment costs: | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Wagesand Salaries | 3,250 | - |
| Social Security Costs | a | 7 |
| Employer’sPension contribution | 66 | - |
| Otheremployee benefits | = | eit |
| 3,316 | - | |
| Directors receivedemoluments of£Nil during theyear(2024 £Nil) | ||
| Numberofemployees | ||
| The averagemonthly numberofemployees during the year, was as follows: | ||
| 2025 | 2024 | |
| Number | Number | |
| 1 | a |
No employees received employee benefits (excluding employer pension costs) of more than £60,000.
The key management personnel of the charity include the Directors and the subcontractor providing Administrative and Caretaker Services who has now become an employee with effect from Feb25. The total employee benefits of the key management personnel are £16,816 (2024: £Nil).
SRTY
Page 13
Arrochar & Tarbet Community Development Trust (A company limited by guarantee)
Notes to the financial statements continued For the year ended 31 March 2025
12 Tangible Fixed Assets
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----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Cost|Land &|Fixtures &|
|or Valuation|Property|Fittings|Total|
|£|£|£|
|At|Ist April 2024|1,265,000|37,475|1,302,475|
|Additions|-|~|-|
|Disposals|-|-|-|
|Revaluations|-|-|-|
|Transfers|-|-|-|
|At 31 March 2025|1,265,000|37,475|1,302,475|
|Depreciation|and|impairments|
|At|Ist April 2024|984,894|37,475|1,022,369|
|Disposals|-|-|-|
|Charge|for the period|60,795|-|60,795|
|Impairment|-|-|-|
|Transfers|-|-|-|
|At|31st March 2025|1,045,689|37,475|1,083,164|
|kea|et|Se|
|Net|book|value|
|At|Ist|April 2024|280,106|-|280,106|
|At|31st March 2025|219,311|-|219,311|
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There were a number of standard securities held against the company at year end which have been confirmed as being satisfied and this was actioned on Companies House in December 2024. These standard securities are as follows: 1) A standard security dated 12 December 2008 on “all and whole those plots ground forming part of the Lands of Arrochar extending to 106 square yards or thereby, 34 square yards thereby and 2300 square yards or thereby. Which land was formerly known as Former Pier Car Park, Arrochar, Argyll” in favour of Big Lottery Fund. 2) A standard security dated 24 December 2004 on “The Pit Stop Diner, Arrochar registered in The Land Register of Scotland under 3) Title Number DMB8194” in favour of the New Opportunities Fund (operating as the Big Lottery Fund). A standard security dated 24" December 2004 on “all and whole the subjects known as and forming The Pit Stop Diner, Arrochar, being the subjects registered in The Land Register of Scotland under Title Number DMB8194” in favour of SIS (Community Finance) Limited (SIS).
13 Stocks
The carrying amount of stocks was £1,021 (2024 - £875). There was no amount of stocks recognised as an expense. There were no charges for impairment.
Sa a
Page 14
Arrochar & Tarbet Community Development Trust (A company limited by guarantee)
Notes to the financial statements continued For the year ended 31 March 2025
14 Debtors
Amounts falling due within one year:
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade Debtors | 2,246 | 2,514 |
| Amounts owedbygroup and associated undertakings | - | - |
| Prepayments andaccrued income | 1,013 | 3,913 |
| Other debtors | ~ | - |
| 3,259 | 6,427 | |
| 15 Investments |
||
| 2025 | 2024 | |
| £ | £ | |
| Shares heldinArrocharCommunityHydro Scheme(@ £1 pershare) | 100 | 100 |
| 16 Creditors |
||
| Amounts fallingduewithinoneyear: | ||
| 2025 | 2024 | |
| £ | £ | |
| Accruals forgrants payable | - | - |
| Bank loans and overdrafts | - | - |
| Trade creditors | - | - |
| Amountsowedto group and associatedundertakings | - | - |
| Payments receivedon account forcontracts orperformance-relatedgrants | - | - |
| Accruals and deferred income | 1,703 | 5,443 |
| Taxation and social security | - | - |
| OtherCreditors | —_98 | a |
| 1,801 | 5,443 |
SaPY
Page 15
Arrochar & Tarbet Community Development Trust (A company limited by guarantee)
Notes to the financial statements continued
For the year ended 31 March 2025
| 17 Restricted Funds |
||||||
|---|---|---|---|---|---|---|
| At | At | |||||
| 1*April | Incoming | Outgoing | Transfers | 318March | March | |
| 2024 | 2025 | |||||
| £ | £ | £ | £ | £ | ||
| Land&Buildings | 124,637 | - | (60,795) | - | 63,842 | |
| VisitorWarden | - | - | - | 5,000 | 5,000 | |
| HydroFunds | 5,400 | 50,000 | (19,675) | (30,184) | 5,541 | |
| MSContractFunds Adapt&Thrive Grant |
5,325 21,070 |
- - |
(16,816) (2,981) |
24,444 - |
12,953 18,089 |
|
| Armold Clark Grant | 196 | - | - | - | 196 | |
| SSEFund | 1,440 | - | - | - | 1,440 | |
| Intergenerational Group | 547 | - | (384) | - | 163 | |
| Friends ofLochLomond | 222 | - | - | - | 222 | |
| Public Toilets Feasibility | - | 48,500 | - | - | 48,500 | |
| Old StoriesBook | - | - | - | 1,000 | 1,000 | |
| BabyGroup | - | - | - | 567 | 567 | |
| ArtGroup | - | - | - | 117 | 117 | |
| WaterfrontImprovements | - | - | - | 3,500 | 3,500 | |
| PlayParkImprovements | - | - | - | 5,000 | 5,000 | |
| OpenDoors | 4,605 | 2,904 | (3,139) | - | 4,370 | |
| Total | 163,442 | 101.404 | (103,791) | 9.444 | 170,499 |
The Land & Buildings represent funds received to provide fixed assets and are amortised over the estimated useful lives of those assets. The closing balance represents the Net Book Value of buildings financed by grants.
The Hydro Funds relate to the Community Pay Out from the Community Hydro Scheme. Each year the Directors of the Hydro Scheme issue a % of their profits from the year. The funds are given “for the Community” with no requirements. In this particular year the Trust called a
meeting of representatives of community organisations to decide how the payout should be divided up.
Moneys from the Hydro Fund are being held by the Trust, where they have not yet been called down by the recipients — generally where the various community groups and projects do not have their own bank accounts. These comprise:
-
e Providing top-up payments for the seasonal toilets and additional hours in our area for the seasonal Visitor Warden e A grant made to a group of local residents to provide Waterfront Improvements — planters etc - along the Loch Long shorefront in Arrochar
-
e A grant made to a group of local residents to set up and operate a Baby and Toddler Group e A grant made to a group of local residents to set up and operate a new Art Group e A grant made tp a local resident to research and publish a booklet of “Old Stories” from our community e A grant made (to be match funded by A&B Council) for upgrades to Arrochar Play Park
MS Contract Funds are funds received and allocated to pay for our subcontractor Martin Semple providing Administrative and Caretaker Services for the hall and Trust. During the year £9,444 was transferred from Unrestricted Funds to this Fund to ensure there was enough money in this fund to pay the ongoing costs.
The Adapt & Thrive Grant was a funding pot available to businesses and organisations via Argyll and Bute Council. It provided funds for investments and/or activities in the 3 Villages Hall which would support it in becoming more efficient and financially sustainable in a postCovid environment
The Arnold Clark Grant was funds towards the kids library which is was spent on books, furniture, shelving etc. £196 ofthe funding remains — for updating/replacing book stock when required.
The SSE Fund was received for resilient communities recovering from COVID — with a focus particularly on young people. Funding has been spent on a variety of activities: for example a kids entertainer at community events, and the Community Pantomime.
The Intergenerational Group are a local organisation who don’t have a bank account. Arrochar & Tarbet Community Development Trust holds the funds on their behalf and treats them as restricted funds. They provide the Treasurer with approved supplier invoices in order for payment to be made. They are issued with regular income and expenditure records so they are aware of what funds are left to spend. The Friends of Loch Lomond are a local organisation with whom the Trust has undertaken some joint ventures — in particular to provide seasonal “portaloo” toilets at the Head of the Loch and community wardens to monitor these and the local area for litter, anti-social behaviour etc. Arrochar & Tarben Community Development Trust holds the funds for this joint project and treats them as restricted funds. The Treasurer receives approved supplier invoices in order for payment to be made. The Trust Treasurer issues regular income and expenditure records so the parties are aware of what funds are left to spend. The Public Toilets Feasibility Fund is a grant received from Foundation Scotland to carry out a feasibility study into the provision ofpublic toilets in the area. The study will be tendered for and commissioned in 25/26.
The Open Doors Fund relates to funding received from Third Sector Interface Argyll & Bute for the Communities Mental Health and Wellbeing Fund for Adults. The fund is to enable us to support the Open Doors community events at the Hall on Mondays ~ providing a meeting point, exercise class, refreshments and a winter “warm space”.
SeEE
Page 16
Arrochar & Tarbet Community Development Trust (A company limited by guarantee)
Notes to the financial statements continued
For the year ended 31% March 2024
| 18 | Unrestricted Funds | |||||
|---|---|---|---|---|---|---|
| At | At | |||||
| 1April | Incoming | Outgoing | Transfers | 315March | ||
| 2024 | 2025 | |||||
| £ | £ | £ | £ | £ | ||
| UnrestrictedFunds | 193,292 | 34,814 | (23,461) | (9,444) | 195,201 | |
| 19 | Revaluation Reserve | |||||
| At | At | |||||
| 18 April | Incoming | Outgoing | Transfers | 31%March | ||
| 2024 | 2025 | |||||
| £ | £ | £ | £ | £ | ||
| RevaluationFunds | - | sd | = | s | i |
After reviewing all sets of accounts available from 31S' March 2004 it was identified that this Revaluation Fund was actually most likely the funding received for the construction of the Hall. The balance was transferred to restricted funds in Y/E 31/03/24 and left to be released with the depreciation on an annual basis.
20 Analysis of net assets between funds
| Unrestricted | Restricted | ||
|---|---|---|---|
| Funds | Funds | Total | |
| £ | £ | £ | |
| Fundbalances at31SMarch2025 are represented by: | |||
| Fixedassets | 168,788 | 50,523 | 219,311 |
| Currentassets | 28,214 | 119,976 | 148,190 |
| Current liabilities | (1,801) | - | (1,801) |
| 195,201 | 170,499 | 365,700 |
21 Company limited by guarantee
Arrochar & Tarbet Community Development Trust is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be required, not exceeding £1, to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
22 Directors’ expenses
2 directors were reimbursed for purchases made on behalf of the Trust during the year totalling £233. (2024 — 3 directors £2,660).
23 Financial Commitments
At 31t March 2025 the company has no annual commitments under non-cancellable operating leases (2024 - £Nil).
24 Volunteers
The trustees would like to record their thanks to all the volunteers who dedicate a significant amount of time for no remuneration to the charity.
25 Related Party Transactions
In addition to the directors expenses as per note 22 there was 1 related party transaction during the period for £150. There are no outstanding balances due to related parties as at the year end. (2024: £Nil).
26 Control of the Company
The company is controlled by the Trustees.
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