INVERGORDON MUSEUM
Invergordon Naval Museum and Heritage Centre
(A Scottish Charitable Incorporated Organisation) SC035244
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] OCTOBER 2025
1
Invergordon Navel Museum and Heritage Centre (SCIO) Year ending 31[st] October 2025 Charity No: SC035244
Trustees Annual Report
Charity’s principal address
Hayes Hall, 140 High Street, Invergordon. IV18 0AE
Trustees serving during the financial year
| Mike Sheraton | Re-elected 08/04/2025 |
Chair |
|---|---|---|
| SallyNorthern | Elected 08/04/2025 | Vice Chair |
| WendyClark | Re-elected 08/04/2025 | Secretary& Treasurer |
| Ian Downes | Elected 08.04.2025 | Trustee |
| Hugh Ross | Re-elected 08/04/2025 | Trustee |
| LesleyAlexander | Elected 08.04.2025 | Trustee |
| Susan Veitch | Elected 08.04.2025 | Trustee |
| Annick Cornu | Elected 08.04.2025 | Trustee |
Governing Document
The Museum is a Scottish Charitable Organisation (SCIO). It was registered in the present legal form on 4[th] November 2015. It has a single tier structure and as such the trustees are members of the charity.
Recruitment policy
Trustees are elected/appointed by members at the AGM on an annual basis with the maximum number normally being 7 and the minimum 5.
Charitable purpose
To advance the education of the general public, without distinction on political, religious or other opinions, by associating with Local Authorities, voluntary organisations and residents in the common effort to provide a Museum and Heritage Centre to commemorate the naval, military, maritime and general history and unique cultural heritage of Invergordon, the Cromarty Firth and surrounding area.
2
Approved by the board of Trustees on............,.....(date) 24/03/2026 and signed on its behalf .........2-Sluaaa. ecko
Invergordon Navel Museum and Heritage Centre (SCIO) Year ending 31[st] October 2025 Charity No: SC035244
Receipts and Payments Year ending 31[st] October 2025
| Income | Unrestricted | Restricted | Totals 2025 | Totals 2024 | ||||
|---|---|---|---|---|---|---|---|---|
| Admissions (by Donation) | £5,462.86 | £5,462.86 | £6,874.75 | |||||
| Donations | £607.14 | £607.14 | £537.73 | |||||
| Funding | £0 | £0 | £0 | |||||
| Grants | £0 | £0 | £0 | |||||
| Hall Hire | £0 | £0 | £0 | |||||
| Bank Interest | £247.79 | £247.79 | £366.23 | |||||
| Other | £33.29 | £33.29 | £50.00 | |||||
| Total Income | £6,351.08 | £6,351.08 | £7,828.71 | |||||
| Expenditure | Unrestricted | Restricted | Totals 2025 | Totals 2024 | ||||
| Building Maintenance | £1,425.77 | £1,425.77 | £3,010.0 | |||||
| Consultancy | £5,550.00 | £5,550.00 | £2,600.00 | |||||
| Hospitality | £0 | £0 | £1,853.79 | |||||
| Insurance | £617.98 | £617.98 | £1,236.45 | |||||
| IT Support | £0 | £0 | £0 | |||||
| IT Hardware | £0 | £0 | £587.20 | |||||
| Safety (Fire Alarm) | £336.00 | £336.00 | £1,064.90 | |||||
| Security | £0 | £0 | £1,896.05 | |||||
| Subscriptions/marketing | £244.00 | £244.00 | £0 | |||||
| Training | £0 | £0 | £0 | |||||
| Utilities | £4,463.72 | £2,407.22 | ||||||
| £4,463.72 | ||||||||
| Waste Management | £405.43 | £405.43 | £122.48 | |||||
| From Bank to Petty Cash | £0 | £0 | £50 | |||||
| Bank Adjustment | £0 | £0 | £0 | |||||
| Postage/Stationary | £0 | £0 | £111.83 | |||||
| Total Expenditure | £13,042.90 | £13,042.90 | £14,939.92 | |||||
| Net Surplus/Deficit | -£6,691.82 | -£6,691.82 | -£7,111.21 |
4
Approved by the board of Trustees on..................(date) 24/03/2026
Invergordon Navel Museum and Heritage Centre (SCIO) Year ending 31[st] October 2025 Charity No: SC035244
Independent examiner’s report
I report on the accounts of the charity Invergordon Naval Museum and Heritage Centre for the year ended 31 Oct 2025.
Respective responsibilities of trustees and examiner
The charity’s trustees 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 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) 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 examiners report
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations.
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 examiners qualified statement
In the course of my examination, no matter has come to my attention 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 to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations.
Examiner Name…Karen MacKenzie Date … 23 February 26
Freelance Book keeper 24 Bellfield Invergordon Ross-shire IV18 0JS
6