Charfty reglstratlon number SCQ3504S {Scotlandl
Company reglstrdtlon number SC260588 {Seotlandl
ORKNEY HYPERBARIC TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

ORKNEY HYPERBARIC TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Dlrecto
S•eretary
Maclay Murray & Spons LLP
Charfty number IS¢ottandl
SC035045
Company number
SC260588
Registèred office
Independent examinor
A J B Scholes Ltd
8 Albert Street
Kirknall
Orkney
KW15 1HP
Solicitors
Maday Mutray & Spens LLP
151 Sl Win¢enl Street
Glasgow
G2 5NJ

ORKNEY HYPERBARIC TRUST
CONTENTS
Pag•
Dlrectors, report
Independent examinerfs report
Statement of17n8naal activities
Balance sheet
Notes lo the flnancial statements
8-14

ORKNEY HYPERBARIC TRUST
DIRECTORS. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
Tha directors present their annual report and finanaal slatemenls forthe year ended 31 December 2024.
The financial slalements havg been prepared In accordance w¢th the accounting policles set out in nole 1 to the
financial slalernents and ¢omply with the Charity's artides of associalfon the Companies Aet 2006 snd "Accounting
and Reportlng by Chartties.. Statement of Re￿mmended Practice applicable to charities preparing thelr accoLtnls in
accordan￿ with the Flnandal Reportlng Standard appli¢able in the UK and Republic of Ireland {FRS 102} leffecbve
1 January 2019)"
ObJè¢tives and activlties
The trust's objects are-.
- thè provision of a hyperbaric factlity and associated medleal care to divers wsthin Orkney-
- the tralning and maintenance of a tèarn to maintain. operate and staff the hyperbaric chamber.,
to increase diver safely by appropriate educatlonal initiallves.. and
to carry out research associated with diving arridents in the recreational dimng eommunity with the aim of
reducing the numbers of accidents and achieving better mat7agement of those which do occur.
Achl•vements and parfomiance
Significanl &clivitl8$ and achievements agaAnstobjecUws
2024 has been a relatively quiet year for the unll. The amount of rttrealion81 diving In Orknèy waters this year has
been less than in re¢enl years. This ha5 be&n predomlnanuy as a consèquence of two of the busier boats not
opèrating for much of the season. one having run aground, one due to the skipper retiring. The latter boat has now
been transferred to new owners and Is expected to operate in 2025. As has been the case in reeenl years, ¥
numbor of local dive-bo8ls spend part of the earfy summer operating outside Orkney waters, particularly ift
Shetland, the west coast of Scotland and Scandinavia. This means the amount of recreational divrng activity in
Orkney water lends to incre8$0 later in the svmmer. In géneral. as one would expect. the number of cases we See
lends to mirror the amount of dfving acllvity and Ihls is the case this year. Wg estimate from dive boat returns that
there have been around 9000 recreational dives in Scapa Flow this year with an InrAdence of decompresslon illness
al a little over 1 case11000 dives. This is consislenl wlh the inctdence we have seen for Inany years.
Cllnical Actlv.
There were 16 Signifi￿nt incldenls whl¢h presented lo the servtC8 in 2024. 10 divers with decompression illnes5
were recompressed. One of these. a diver wllh a severe vestibular bend, required three follow up Comex 12
treatments with excellent recovery. Five divers were assessed at the unil as possible decompression illness and
treated wlh surface oxygen but not recompressed. One diver was rèsuscAtatèd at the landfall site after a
cardiorespiratory arrest. Thls diver wa8 transferred via Ihe Balfour Hospital lo Aberdeen Royal Infimary but sadly
dled later in inlenslva ¢are. Th¢re was one other death of a ¢ommerclal diver lost at sea.
ra
All staff musl undertake core Iralnlng modules each y88r. Thesè includ& a Irainlng chamber dive. BLS Irainlng,
mèdical emergenoes training. fi￿ safety and a personal mèdical assessment from the medical dtrector. We have
also a(Jded a moving and handling module this year and a Irainlng session was held in November led by Tony Miller,
NHS Orkney's moving and handling lease. No member of staff can be on th& rola unless they have s¥l(sfactorily
completed all of these modulès. Refresher Irainlng is available lo all staff on any subject throughout the yèar on
request. The OHT medical manual was updated this year and addltional matèrial added. All m&mbeTS of staff have
copy of the OHT medical manual which contains all of the modules. These are also available on-line in the stsff
Section of the website. We use Microsoft Teams to continue regular training updates and have been pleased lo be
able lo org8nvze jolnl sessions with the Aberdeen unit three limes thi5 year. In addition, the diving Dl$eases
Research Cenlre in Plymouth hgve startod an online joumal club whl¢h is held every two-three months. The
increased opportunities to share cases, issues and protocols with other chambeis throughout the UK has been a
very posrtive development. The European Baromedical Society meeting was held in September in Brest.
attended the rneetin
attended
was held in eady November in Hull. Two m&rnbers of staff
chaired
presented a talk on 25 years of the Orkney unit and also
onllne talk to the East of England hyperbaric unit on the
treatment of dnAng related decompression illng88. Therg wa3 no face to face Scottish ch8rnber meeting in 2024.

ORKNEY HYPERBARIC TRUST
DIRECTORS. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Audit and national structure
National Services Scotland are undertaking a Teview of hyperbaric saNlces in Scotland. As part of that process the
Orkney Unil underwent an addllional audil In November 2024. wlh a visiting team from Aberdeen. We have had
verbal feedback from that visit which was positsve but have yel lo receive a formal report. We understand that the
national process is due to conclude In August 2024. The next timetabled routine audit will be due In Ihfj autumn of
2025.
The unit conlinved to participate in the Scollish National Dacomprès
the head of se
national service
I Setvlegs Scotland every six months
as taken over asAberdeen lead.
Liaison Prevention and FLJlure P
nni
OHT remains committed to working with other agen¢ies to improve divlng safety. Tho unit ¢ontinues to particlpale
with other relevant aggncies lo reduce tho number of divrng accidents in Orkney waters and lo improve the triage
and management of accidents which occur. As reported in the 2023 annual report there have been some tensions
recently be￿een some of the dive-boat operators and the Marine and Coastyuard Agency. We have been pleased
to ￿ able lo re-establish the Orkney Dive Liaison Group in 2024. We held 8 meeting in spring 2024 which Included
skippers and coastguard. This was then followed by an exercise in September
in¢Tuded the coastguard and the RNLI Ilfeboal Crew. Both meetings were chaired by
debrief which
is hoped that
we can maintalT7 dialogue and potentially involve other agencies (Harbours. Police, Scottish Ambulance Se￿Ce) to
promote better understandlng of each agency's role and better team working.
The lease for the chamber buildlng with ORIC (Otkney Ro8ear¢h and Innovallon Campus} has recently expired. We
have a written agroement foi the lease lo be renewed and the plan is that this will be for a ten year perfod (s8e
below}. The fom?al lease is being prepared and we anticipate signing il in the near fijture. In the unllkely èvent of
problems OHT has sufficient financial reserves to meet the cost of service havlng to move sile. These reserve8
are also in place to provide for the future capltal ctssls of replacing equlpment Includlng the chambèr itse￿. Financial
ly split belwe&n fixed rale bonds and a medium risk ethical portfolio invè8tmenl managed b
continues as treasurer of the Etjropean Underwater Baromedical Soclety.
eottish ￿presentatIVe on the 8rf1ish Hyperbaric Association committee io be
om theAberdeen unll.
d retums are submttted tr)
has retired as head of the
has
feplaced by
aint
nance and D velo
ment of th& Facil.
2024 has been the fourteenth year of use of the new chamber. We have a five-year rolling maintenance schedule
contract with SMP who built the chamber. The next planned vlsil is In February 2025. In conjunction wilh ORIC the
old oil boiler has been replaced with an Alr Source Heal Pump and. in conjunction with this wotk. the roof space has
been insulated and a new door installed. The costs of thSs work have been split 50150 with ORIC. In relum, OHT will
iecelve a ten year lease with the rent ffxed for the first five years. The directors are of the view that thls represents a
good CO&operalive arrangernenl with ORIC wllh both partlas benefitting.
Resear
The English charnbers who are members of the British Hyperbaric A8sodalion atl contrfbule dats to an electronic
database using the "Redcap" {Resear¢h Eleetronic Data Capture) software. This h83 been approved by NHS
England subject to a sertes of safeguards to protèct dats in aeeordance with GDPR. The database covers 8 Tange
of indications for hyperbaric treatment and is designed to collate infomiation about treatmènts and outcomes. We
believe that the diving illness section of tho database ¢ould bè a useful resource for the Scottish chambers and that
we should ¢onlribule as members of the British Hyperbaric Association to improve audit and knowledge in an area
with rèlatively small numbèrs of cases nationwide. The adoption of Redcap in Scotland, as a separ
would require approval from National Services Scotland in particular with regard lo data security.
raised this issue al the Scottlsh clinlcal le8d5 meeting and has asked the head of setvice lo di
National Services Scotland. There has been no update on this suggestion during 2024 but il is to be hoped that the
national iewew of hyperbaric seN￿S currenuy taking place will include Consideration of how to collect and analyse
approprTale cllnical data.

ORKNEY HYPERBARIC TRUST
DIRECTORS, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
National Desl nation
As detailed In prewou8 reporls the hyperb8rfc service In Scotland is a nallonally designated semce. This structura
has consisted of three centros, Aberdeen, Orkney 8nd Oban. The servS¢e in Oban was suspended iti March 2024
and the future structure of the hyperbaric network is currently under review as detalled above. All health boards in
Scotland are 'top-sliced' lo fund nationally designated speaalisl services bul they no longer Meet ilemised
individual treatment costs of Scott¢sh residents treated at Scottish treatment facilities. NHS England transfers
bltsck payment lo National Services Scotland for the treatment of Engllsh divers. A share of the central funding is
d151ribuled to Orkney land fomierfy to Oban) through NHS Grampian tsn a contract basis. This system has been
considerably le8$ bureaucratic for OHT than billing Individual heallh boards for indivldual treatment costs. The
transfer of funding Is made from NSS via Grampian health board to Slromness Surgery. Two thirds of the fundlng
e¢eived is transferred to OHT. one third retslned by the surgery forfunding the rnedlcai rota.
Acknowled
ements
The serviee provtded at OHU Is dependent on a tè8m - this Includes ¢harnber staff, nursas, ambuJan¢e Crews
switchboard stsff, cleanèr, doctors, MCA staff, RNLI. OHT Direetors and thè CO•operalion and help of dive-boat
skippors and Cr￿3. We a¢knowledg6 and thank them ajl.
Financial revlow
Incoming resources for the year lotalled £359,735. Total resources expended In the year amounted lo £281242.
The charfty reports nel losses on the Investment portfolio of £3.878. Unresfricled funds at 31 December 2024
tolalled £1.628,206.
ReseNes policy
It is Ihe policy of the charity that unreslrlcted funds whl¢h havé not been designated for a specific use should be
maintained at a level equivalent to between three dnd six month's &xpenditure. The directors consider that reserves
81 this level will ensure that. in the event of a signifi¢gnt drop In funding, they will be able to corrtinue the cornpanls
current activities while consideration is given lo ways in which additional funds may be raised.
Maiorrfsks
The directors have assessed the major risks to whith the company is exposed. and are sall8fied that systems arè in
place to mitigate &xposure to the major risks.
Structure. govemance and management
Th8 trust is a charitable company limited by guarantee and governed In 8ccordane& with Ms memorandurn and
articles of assoeialion. Tho company was incorpordled on 10th December 2003, and is a registered Scottish charity.
Reomitm&nt and appointment of trustees
The dlrectors are appointed al the dls(¥elion ofexlsting board membars.
Organls8tionalsftuctu
The company is managed by the board of direciors who are also the trustees. Any 8lrategi¢ decisions are taken at
board mèetings.
Induction arny tTrining of lThsfees
All directOTS recelve fomial Induction tr8Sning on appointment.

ORKNEY HYPERBARIC TRUST
DIRECTORS. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Othermatter
None of the dIre￿OrS has any beneficlal Interest in the company. All of the directors are members of thè company
and gvaranlee lo contribute £1 in the event of a winding up.
This report is prepared in accordance with the spec481 provisions of Part 15 of the Companies Act 2006 relating lo
small companies.
The
by the Board of Director8.
Dale..

ORKNEY HYPERBARIC TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE DIRECTORS OF ORKNEY HYPERBARIC TRUST
I report on the accounts for the year ended 31 Detsmber 2024, whith are sal out on page$ 5 10 12.
Respective responslbilltles ol dlrèctojs and èxaminer
The directors are responsible for the preparation of the accounts in accordance wllh Ihe temis of the Charities
and Ttuslee Investmenl (S¢olland) Act 2005 and the Charities Accounts (Scollandl Regulations 2006. Thg
directors consider that the audit requirement of Regulation 70111 (a) lo 1¢) of the Accounts Regulallons does not
appty. 11 is my iesponsibility lo examine the accounts as required under sectton 44{11 (cl of Ihe Act and lo stale
whether particular matters have come lo my attention.
Basis of Indep•nd•nt oxamlnerfs report
My examination is carried out in accordance with Regulatson 11 of the Charities Awunts (Scolland) Regulaliony
2006. An èxamination in¢ludes a review of the accounting records kept by the charity and a comparison of the
accounts presented with those records. 11 also indude8 consideration of any unusual Items or dlsclosures in the
accounts. and seeks explanations from the Iruslees concerning any such matters. Tho procedures undortaken do
not provide all the ewdence that would be required in an audit. and consequently I do not express an audlt
oplnion on the view given by the accounts. I have carried out such investigations as were ne¢essary lo enable
me lo fomi an opinion as lo whefher proper accounting records adequate for the purposes of the charity have
been kept and whether the accounts of the charfty were in accordance wlh the accounting records.
Independent •xamlnee8 ststsment
In connecllon wllh my examination, no matter has come lo my altenbon
(a) which gives me reasonable cause lo believe that in any material respect the requirements:
(Il lo keep accounllng records in accordance with section 44111 (a) of the 2005Act and Regu18tion 4 of
the 2006 Accounts Regu181ions,' and
lir) to prepa￿ accounts which accord with the accounting records and comply wlh Regulation 8 of the
2006 Aceo
to whic
egulations have not been met. or
hould be drawn in order lo enable a proper understsnding of the

ORKNEY HYPERBARIC TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unre$trlcted Unrnstrlcted
fvnds
lund$
2024
2023
Notes
Income from:
Charflable activitles
Investments
326.717
33,018
302.121
11,181
Total income
359,735
313,302
Expenditure on".
Raislng funds
Charitable actlvilies
4.087
277,155
3.926
257,095
Totsl expondlture
281,242
281,021
Nel galnslllosses} on investments
io
(3.878)
2,543
Net In¢om¢ and mov•ment In funds
74,615
54,824
Re¢onclliation of funds:
Fund balancas at 1 January 2024
1,553.591
1,498.767
Fund balances at 31 Dec8mber 2024
1.628.206
1.553,591
The statement of flnanc5al activftTes Includes all gains and losses recogn5sed in the year. All income and expenditure
derive from continuing activities. The statement of financlal activilias also complies wlh the requirements for an
income and expenditure account under the Companles Act 2006.

ORKNEY HYPERBARIC TRUST
BALANCE SHEET
AS AT31 DECEMBER 2024
2024
2023
Flxed ass8ts
Tangible assets
Investments
Noto8
12
13
233.965
221,573
242,537
223,528
Currnnt as$ets
Debtors
Cash at bank 8nd hand
455,538
466.065
14
88.781
1.114.786
64.472
1,028,536
Credltors". amounts falllng due wlthin
onè year
1.203,567
1,093,008
15
{30.8991
(5,482)
Net ¢urrent a$sets
1.172.668
1,087,526
Net assets
1.628,206
1,553,591
The funds ofthe trust
Unrestricted funds
1.628,206
1.553,591
1.628.206
1.553.591
The company is entmed lo the exemptlon from the audlt requirement conlalned in section 477 of thè Companl$s Act
2008. for thè year endod 31 Decembtsr 2024.
The directors ad(nowledge their responsibilllies for cx)mplying with the requirements of tha Companies Act 2008
WTth respect lo accounting records and the prèparation of financial statements.
The membgrs have not required the company to obtain an audit of its financial stslemenls for the year in questton In
accordance with 8edon 476.
These finaneial stslements have been prepared in accordan￿ with the provi51ons appllcable lo companies 5ubjeet
io the small companies regime.
The financial statements were a
roved by the directors on......
ctor
Company reglstrallon number SC260588 {S¢oUand)

ORKNEY HYPERBARIC TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACC4￿nting polic108
Charfty informatlon
Orkney Hyperbaric Trust is a
office Is
rivate com
an
rated in Scotland. The reglslered
1.1 Accou
ven
ion
The financial statements have beèn prepared in 8ccord8nce with the trusvs artlcles of association. the
Charfties and Trustee Investment (Scotlandl Act 2005, the Charities Accounts {S¢otlandl Regulation$ 2006
la5 amendedl, FRS 102 'The Financial Reportlng Standard applicable in the UK and Républi¢ of Ireland"
FRS 102.} and the Charities SORP 'Accounling and Reporting by Charities.. Statement of Recommended
Practice applicable lo charities preparing thelr accounts in accordance wlh the Finand81 Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102)" (offective 1 January 2019). The trust is a Public
Benefrt Entity as defined by FRS 102.
The trust has taken advantage of the provisions in the SORP for charftres not to prepare a Statement of Cash
Flows.
The financtal statements are prepared In sterling. which is the functional currency of the trust. Monetary
amounts in these financial slalements are rounded lo the nearest £.
The finantial st8tements have been prepared under the h1storic￿ cost convention. The princlpal ae¢ounting
policies adopted are sel out below.
1.2 Golng concern
Al the time of approving the financial slalemenls, the directors have a reasonable expectation that the trust
has adequate ￿SoUrceS lo ¢onlinue in opèrational existen￿ for the foreseeable futu￿. Thus the dlrector8
continuo to adopt the going concern basis of accounting in preparing the financial stalemenls.
1.3 Charftable fund¥
Unrestricted fvnds 8re availabla for use at Ihg disuetion of the dirg¢tors In furtherance of their charStsble
objectives.
1.4 In¢ome
Income is recognIs￿ when the trust is legally entllled to 11 after any performance conditions have been mgt,
the amounts can be measured reliably. and il is probable that income will be recelved.
Income from charitable actlvltlès cons[818 of amounts charge8ble to health boards ond other entllre3 for the
provl$ion of the hypgrbarrc f8ulily.
Investment Income comprises interest receivable on funds held on deposit. 11 is recognised in the period in
which the income is eamed.
1.5 Expenditure
Expenditure 18 included in rg$ource$ expended on an accruals basis, incJu¥ive of any VAT whlch cannot be
re¢overed.
1.6 Intangible fixed assets other than goodwill
Intangibla assets acqulred separately from a bUs1r￿ are recognised at ¢osl and are subsequently measured
at cost less accumulated amoitisalion and accumulated Impaimiont losses.
Amortisalion is recognised so as lo write off the cost or valuation of assets less thelr residual values over Ihelr
usefvl lives on the following bases..
Software
33% 8tralghl line basis

ORKNEY HYPERBARIC TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng policlo8
Continued)
1.7 Tangibla fixod as$ets
Tangibje fixed assets are initially measured at cost and subsequently rneasured at Cost or valuation. nel of
depreciallon and any impairment lossès.
Depreciation is recognised so 95 lo write off the cost or valuation of assets less their residual values over their
useful lives on the following bases-
Land and buildlngs
Plant and machinery
2% 8lraighl linè basis
5- 10% stralghl line basis
The gain or los$ arfsing on the disposal of an asset18 determined as th& dIffe￿nCe betsmeen the sale proceeds
and the carrying value of fhe asset, and is recognised in the stslement of financial activities.
1A Flxed asset Investments
Fixed asset investments are initialty measured at transact(on price excluding transactlon costs, and are
subsequently measured al fair value 81 each rèporting dale. Changes In fair value are recognised in nel
incomellexpendilure) for the year. Transaction costs expensed as incurred.
1.9 lfflpalrment of fixed assèts
Al each reporting end date, the trust review3 the carry(ng amounts of its tanglble and Inlanglble assets lo
delemiine whether there is any indication that those assets have sl￿ered an impairmerrt loss. If any such
Indication exists, the Tecoverable amount of the asset Is estimated in order lo delem)Ine the extent of the
Impaiment loss lrfany).
1.10 Cash and cash equivalents
Cash and cash equivalents include cash In hand. depostt8 held at call with banks, other short-term liquid
Investments with original maturttltrs of Ihreo rnonths or less, and bank overdrafts. Bank overdrafts are shown
within boTrowlng$ In ojrrent Ilabili￿es.
1.11 Flnanclal instrumènts
The trust has elected lo apply th& provlsions of Sectson 11 'Basic Financial Instruments, of FRS 102 to all of tis
financial inslrumenls.
Financial instrnments aro recognised In the tru$Vs balance sheet when the trust becomes p8ty lo the
contractual provisions of the Snstrum8nL
Financial assets and liabilities are offset, with Ihe nel amounts présentèd in the finandal statements. when
there is a legally enfor￿able right to sel off the recognised amounts and there is an inlenlltsn lo settl& on a net
basis or to rèalisè the asset and sellle the Ilability simultsneously.
Ba3lc Ilnan¢ialassets
Basie financlal assets, which Include debtors and cash and bank balancès, are inftTally measured at
transaction price Incjudlng tr8nsa¢lion costs and are subsequently earried at amortlsed ¢osl using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
rneasured al the present value of the futur& rec&ipts discounted 81 a market rate of interesL Financial ass&l3
dassified as receivabje within one year are not amortised.

ORKNEY HYPERBARIC TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policles
{Continuedl
Basle Ilnan¢lallAabilitlg$
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless
the arrangement conslitijles a finandng transaction, where the debt in8trumenl is measured al the present
value of the fulure payments dlscounled at a market rate of interest Finanaal liabilities ciassified as payable
within one year are not amortised.
Debt inslnjments arè subsequently Car￿ed at amortisèd cost, using the effective interest rale method.
Trade creditors are obligations to pay for goods or services that have beèn acqu1￿ in the ordinary Ix)urse Of
operations from suppliers. Amourts payable are classiffed as current liablltties rf payment is due withln ona
year or less. If not. Ihey are presented as non-current liabilitios. Trade creditors are recognised initially al
transactSon priea and subsequently measured at amortised ¢ost using th¥ effectlve interést method.
Der•¢ognRign of r
Inaneial IITabilities
Fin8ncial liabilitles arè derecognised when the trusys contractual obThgalions expire or are disd)arged or
cancelleil.
1.12 Employ•& benèfits
The cost of any unused htsliday entiuemenl Is recognised in the perlod in which the employee's service8 are
received.
Temiination ben8fits are rècognised immediately as an expense when the trust is demonstrably ￿Mmitted to
temiinate the employment of an employee or to provide termination benefits.
Critical accounting •¥timat¢$ and judgements
In the application ol the trust's accounllng polides. the directors aTe required to make judgements, estimatès
and assumptions about the carying amount of assets and liabllilies that are not readlly apparent from other
source5. The eslimales and associated assumpllons are based on historical experren¢e and other factors th81
are ¢onsideTed lo be relgv8nt. Actual iesulls may differ fiorn thèse eslimales.
The estimates and underfySng assumptions are reviewed on an ongolng basls. Revtsions to accounting
eslimales are ￿COgniSed in the period in which the estimate is revised where the revision affects only that
perlod, or in the period of the revision and future peTiods where the revlsion affects both cyjrrent and fuiur&
periods.
Income from ¢harftable aetlvities
Unr¢8tr5ctèd
funds
2024
Unrestrleted
funds
2023
Provislon of hyperbarf¢ faclllty
Prowsion of hYper￿ric facility
326.717
302,121
10-

ORKNEY HYPERBARIC TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from Investments
UnrÈ$trict•d Unr¢strfcted
funds
funds
2024
2023
Divtdends and other Ineome from listed 3ecurltl¢s
Interèst recelvable
5.874
27,144
6,197
33,018
11,181
ExpenditUTe on raislng funds
Unrestrleted UnrestrEet
funds
funds
2024
2023
Investrnent m8nagomenl
4,087
3,926
Expenditure on ¢harftable actlvities
Treatmenl Treatment.
education & educatron &
resèarch
resaarch
2024
2023
Direct eo¥ts
Depreualion and impalmienl
Operating contract
Nursing cover
Operatlng repalrs
Gases
Heat an¢J light
Oth8rdirect eosts
28,265
144.$40
42.768
26,796
2.941
3,838
28,007
27,804
149.668
39,833
1,372
3.243
3,089
32,08e
277.155
257.095
Anatysls by fund
Unrestricted funds
277.155
257.095
Expenditure on charitable acttvities Incjudes the sum of £2.24812023: £2,040) chargeable by the independent
examlner in respect of accoun15 preparation and independent examination servic&$.

ORKNEY HYPERBARIC TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Net movèment in funds
2024
2023
The net movement in fvnd8 18 staled after d)argingl{credi1Sngl-
Depre¢ialion of owned tangible t7xed assets
28.285
27,804
Dlr•Gtor8
None of the directors (or any persons connected with them) received any remuneration dutfjng the year.
Employees
The average monthly number of employees durtng the year was:
2024
Number
2023
Number
Total
There were no employees whose annual remuneration was more than £80.000.
10 Galns and losses on Investmènts
Unrnstrlcted Unrestrlet
fijnds
funds
2024
2023
Galnsl{lossesl arising on..
Revaluation of investments
Sale ol investments
13,6381
(240)
8,364
(5.8211
13.878}
2.543
11 Taxatlon
The charitable company is exgmpl from ¢orporalion lax as all its income 1$ tharTtable and Is applied for
charitable purposes.
12

ORKNEY HYPERBARIC TRUST
NOTES TO THE FINANCIAL STATEPdJENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Tangible fixed assets
Land and
bulldlny$
Plant and
machlnery
Total
Cost
Al 1 January 2024
Additsons
88,161
18,882
575,058
811
663,219
19,693
At 31 December 2024
107.043
575.869
682.912
Oepreclation and lmpalrn￿￿t
At l January 2024
D¢prec4ation charged in the year
22.912
2.140
397.770
26,125
420.682
28.265
At 31 December 2024
25,052
423.895
448,947
Carrying amount
At 31 December 2024
81.991
151,974
233,965
At 31 December 2023
65,249
177,286
242.537
13 FIx*41 a55et Investments
Listod
InV￿trnents
Cash In
porttolio
Total
Co$t or valuation
At 1 January 2024
Addttions
Valuation changes
Oisposals
209,329
5S,549
13,6381
144,549)
14,199
50.183
223,528
105,732
13,6381
1104,049)
159,5001
At 31 D￿mber 2024
216,691
4,882
221,573
Carrying amount
Al 31 December2024
218,691
4.882
221.573
At 31 December 2023
209.329
14,199
223,528
14 Debtors
2024
2023
Amounts falllng due within yèar:
Trade debloT3
Other debtors
Prepayments and accrued Incorne
65,562
18,882
4,337
60,222
4.250
88,781
64,472
13-

ORKNEY HYPERBARIC TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
15 Craditors: amounts falling due within one yéar
2024
2023
Trade ueditors
Accruals and deferred Income
26,709
4,190
1.199
4,283
30,899
5,482
16 Unrestricted fund$
The unrèstricted lunds of th6 chadty comprise the unexpended balances of donatl()ns and grants whlch are
not subject to specific conditions by donoTS and grantors as lo how they may be used. These include
designaled funds which have been sel aside out of unrestrided fur)ds by the trustees for specific purposes.
At 1 January
2024
Incomlng Resources
r•sourc•$
expended
Galns and
losses
At31
December
2024
General funds
1,553.591
359,735
1281,242)
{3.878)
1,628.206
Prèvious year
At 1 January
2023
In¢omlng Resour¢es
resources
expended
Galn$ and
losses
At31
Decèmber
2023
General funds
1,498.767
313,302
(261,0211
2,543
1,5S3,597
17 Operating lease commitments
L•s#ee
At the reporting end dale the trust had outstanding commllments for future mlnimum lease payment8 under
non-canc8llable operating leas•$, which fall due as follows..
2024
2023
thin one y&ar
2,436
18 Related party transa¢tion$
There were no disclosable related paity transactions during the year.
14-