',IIEGISYERED CHARrri' NUM8ER.. SCSC033125 IAL STAT 31A MM CIB SeNic Cliarte,'ed Accourtsi Its 63 Kenneth Str°E'. Srornoway 151e ol Lewis Western Isle'.> HSI 2DS Page Ri.oort or the Trustses Ito2 Jr,..lependent Examlner's Fiei"ort <1: iiement of Financial Ac.'i'•'l I Il¥. an￿ Sheet Tri.'Ites to the Financial Stètei iients 6tolO DI.tai￿ Ststement of Finjriial Activiknes PCIRT OF B￿￿￿TIll.1 JYFE The trus￿$ pr.=..ent their repoft wlth tlid fln .Ilsu charity trustees for I'lie piirroses of charty la J. The charity undertskes tralnin9 for trLA"t• is to ensure awarenes% Jiid iJnderst3nding 01..- the rèspongbi it IS (Jf cornmittee mern￿... the organisatijri. Il strud'.ure of the charitri the financial FO.. Ition of the cha.'ity,' anc the future pla'is and ObjeLt1￿es of the clia ity. Page I RT I"E& II! .￿E YEAR ENDED 31_jI JGUL2QL8 RUCTURE, li..)VtRNANCE AND Ml.Ni.IGEMENT OryJni5ation•l >tru¢ture The Managemiln. Committee manages tlit .ifffairs of the charity thifi, Jh regular committee":n*i.ffjngs Rlsk managem, Int The managem.""I committee have consii.'ei'i d the major risks to vthii i tqe charity is exr0581 1 i particular the funding of the operations c the. chafw, and are s,, ed tr.at measures are In i ace to mr(igate exposurj =o those risks. OBJECllVE5 AI',ID ACTIvrriES Oblective5 aii%l aims The prinopal oEj..tts of the A5SOCiation a"p. a} fo promotE C liristian moral value5 è1" prInci￿@S of g(K￿ citi;'.e'"5hi? 3n)ongst the yOL.Iig Jeople in and around the town of StOmCbWI iy tlroiigh pr￿rèMmeS 01 edJcal,on, soaal welfEfE and recreat10n,' bl The club wi l . rtain its mernbership ol. L'"e Scott,sh N'ational Coijii, Il cl YMCAS and fulfil ￿p.ditiOnS of memletship and safeguard I,. Christian bass, purpo¢e, hims and Charatter. ACHIEVEMETrI"I" AND PERfORMANce Charltable actl..ltie5 - The Assotsèti)ri has continued to op*ratfft'.he CeTrtfe in furtheran￿< If ..ts objects duling thfl y..'ar. FINANCIAL B.lil,I'ZEW Resetve5 pol IL- The general fur,i." represent5 the unrestrid'...,d lund5 from past 0￿jr.:.I1ng results. It alx) reiiD'.' >erits the f￿e reserves of the charity. The wstees con>der that t11￿ 'e%pi!I cf free reserves 151 Iinre.stricted funds at 31 ¢i.Jgust 2,J16 is Sufficient to meet the charils" or¢rètional iequirernei."'.I During the yeer . ie chaiitys inccrning re<..iurce5 exceeded resov-c," > experided, resijlling ir I let ir.comiro resources ol É23,091 for th￿2 ,erii)d 12016 - net incorni" g restj.rces of £3.041'. ' his reDresents a tjetretis.,: of £2.521 in unrestritted funds and an irir. Jèse of £25.612 in iestr'iLI.Jd '.unds. Principal fundi I'.'y sources The Association dL'pendenl gn gr￿t5 ?riil fundraising to fund its )ptraiional costs. The yi icipai fijnd ng sources for the chanty du"In I fie year were granrs Irom local authorit￿, Comhairle nan Eilean 51. r, Youthl r)k, SCVO and Herkrage Lottev Fui)d, Full deiails of tt ants ￿ceiVed during tl'i, year are induded in Iiie notes to thé financial tefflents. Apori)vpd bi o, cli r th￿ board of trustè.:14 1)n and or Il,.. behalf by.. T I'ustee Page 2 IllREPIt￿14. I'.F .. nalipns from you a5 trJi ie*. corcerning any such na*ors. The prDcedui not express an au¢il opinion on rhe view 9iven by the accounts. Independent e',i aminer's statement In tle course (Jl I',Iy eKamination, no maltEI has come to my atten.'io I.. (i) whlch (Il%'115 rne rea50¥i&Jle cau% t(", believt that, in any matr."ial ￿spect, the requireini'nts to ke. :p accounb.ng records in , ccordance Sectioi i dlllla) of the 2005 Act :. nd Regulatityn 4 of the 20J6 Ati:ounts Regula:ions; ai'iil lo pi. .'pare accoJi)ts vihich a(-:. )rd with the accountirg rectsrds and to comply w th Regulation 8 of the 20JÉI AccoLinls Regulations have not been -i.. t; 121 to whlch, n Iny oplrfon, oitentioi) to be ￿￿.: ied. ',iould be drawn in order I..) enable a proper unde'5'. anding of the accgunts Chatered Acccur',".an 63 Kenneth Stioae.. Stornoway Isk of Lew15 Western Isles HSI 2DS Date,. Page 3 .51.11.18 Total fund> 31.11.17 Unre5trfe.*,;.I Restrlcted funds funds Pth)tes FIXED ASSEI'S TangIb￿ asset> 1,369 1,836 CURRENT ASSI'TS Stocks Cash al bank 318 42,416 436 29,514 42,156 42,156 42,734 29,950 CREDThORS Amounts falllnii (l Je within one year {27,E8.:1 (611) 1, 28,493) 12,77.11 NET CURREN'T 115SET51(LIA8KLmESI (Z7,3,1),: 41,545 14,24JL 27,179 TOTAL ASSElb LESS CURFiENT UABIL..rriES (25.S,31': 41,545 15,610 29,015 NET ASSETSI (I IA8IUTIES) (25,9.:,11, 41,545 15,610 29,015 FUNDS Unrestricted 'un.I": RerkfiLted funce 1 25,935} 41,545 2,2211 26.787 TOTAL FUNTr.5 15,610 29,015 The financial YAt...￿MentS were 3PPFoved -.), Ire. Board of Trustees ?ri elidlf by. . <5nd Kere signed on The iirlES forrni fQrt of these fir¢'liChil statements Paoe 5 ACCOlJhl llNG POLICIES Accou rnli ng convention The fin￿l-l, ial ststements have bw. prepared Linder the hi¢E?rical c05t convention, J,'d in accordance with the Financial lei￿rtI19 Standard loi I maller Fntilies leffectllJL> April 20081, the Chari'.'IL aiid Trustee Investment IScoYa Id.. Art 2005 and the reoLin:. ￿ntS of the Staternenl. CJ. Recommended Practii.e. Accounknng and Reporting by Cha-ili '.s. Incomin..'I resources All Incorri lig resources are includLJ(l on the Staternent of F nr.1 Icial Attivityes when the I harity is legally entitled to the ino)Il'i? and die amount can l.'i' 4wntified with reasonaDI'. accLifdCy. ResourL''.s expended Exper￿.,lI.,.e is ac-ounted for on 1111 3ccruals basis and has b:.. classified under hea.:ii'gs that aggregate all Cost related tc. the category. Where c(.'I' Cenno- be directly atti'i-lited to particular headiii'y,: they have been all(tsled to activitii's on a basis consistent ivi h the use of resources Tangltil¢., flxed assets Deprec rli )n Is provided èt the fill wing onnual rates in ('.rcl >r to ivrite off eath asie. over rts estitnated useful Plant and machinery 20% on redJc.i ig balance stocks Stocks 3r1.. value(S at the lower of CL.. t> and net realisable Vc l.. moving ili".m5. after Making due allo'i. nc¢. for obsolete and slow TaxatSi>ri The chiin., i 1¢ exempt from idx ¢yi i-..5 charitable activities. Fund a[..￿..)Unting UnrestriLttI,.d I'un05 can be used in a.'"cOr.dan￿ with the chai'i;;.&)le objectives at the dis(.'I'i'tion of the trustees. Restrictei. fuiid5 can only be use(1 *1."r p3rtlLular restrited rii.1iJose5 Wlthin the objectJ I'- the charity. Restrictions arise wli-i. speofied by the donor I when funds are raised "i- particular restricted pJr'. oses. Further ei..JIana￿On of the nature a. g purpose of each fund i.. Included in the notes b) 1: ie finarcial statements. VOLUfvI"r.I'4RY INCOME 11.8.18 31.8.17 Grants Subscrii)-. '.Ins '>2,655 1,019 105,589 4,897 '>3,674 110,486 Grants Jived, included in the abc.',ie, are as foilow5-. ',1.8.18 31.8.17 Comhai.Ic.' nan Eilean Siar scvo Heritagn Li)ttery Fund Youth s )aid for the year Eil'ided 31 Augusi 20111 Iior for the year ended 31 Avg J4. 2017. STAFF Ci,, Isrs .,1.8.18 31.8.17 VJages an.'l salaries >8.659 78,145 The avisr<. l]e monthly number ol iJn'i)1oyees during the yeai. VH Js as follows.. 1.8.18 31.8.17 Youth cie41.alo?meit No ernril,-..ees re￿iVed emdumeiit.:, in 4cess of E60,000. TANGZÉ.I. E FZXED ASSETS Plant and machinery COST At I Se Jljmter 2017 and 31 Augu