CHARITY REGISTRATION NUMBER: SC038956
The Hynish Trust SCIO
Unaudited Financial Statements
31 March 2025
BARRIE SCOTT & CO
Accountants and tax advisers
16-18 Weir Street
Falkirk
FK1 1RA

The Hynish Trust SCIO
Financial Statements
Year ended 31 March 2025
Page
Trustees, annual report
Independent examiner's report to the trustees
Statement of financial activities
Statement of financial position
Notes to the financial statements

The Hynish Trust SCIO
Trustees, Annual Report
Year ended 31 MarGh 2025
Ttse trustees present their report and the unaudited financial statements of the charity for the year ended
31 March 2025.
Reference and administrative detalls
Registered charity name
Charity registration number
Prlnclpal office
The Hynish Trust scio
SC038956
The Lighthouse Shore Ststion
Hynish
Isle of Tiree
Argyll and Bute
PA77 6UG
The Iru8tee8
Independent examiner
Structure, governanee and management
Governing document
The chsrity is controlled by its governing document, a deed of trust, and constitutes a SCIO, having reconstituted from
limited company IHebridean Trust Limited 01653639) on 28 January 2025.
Organisational structure
The Trustees collectively form a Board. The existing Board appoint any new Trustees until the first AGM which will be
held in 2026. All Trustees give of their ts'me freely and no Trustee remuneration is paid.
Risk management
The major risks lo which the charity has been exposed have been reviewed by the Trustees and systems established
lo mltigate those risks.

The Hynish Trust SCIO
Trustees. Annual Report (contlntsed)
Year ended 31 March 2025
Objectives and activities
Ojectives and aims
The SCIO has been formed to benefit principally the community of Tiree which comprises all the postcode units within
postcode district PA77 ( the Community ) with the following objects..
(1) The advancement of community development (including the advancement of rural regeneration) principally within
the Community, through a range of initiatives centred on the complex of buildings forming the historic lighthouse
shore station at Hynish (Tiree) and any further buildings which may be constructed in the vicinity, which may
include any or all of the following.. (a) the creation of employment opportunities (including self-employment),
through (i) the provision of flexible workspace, for use on favourable terms and (li) the provision (or assistance in
the provision OQ training courses in skills which will assist the participants in finding employment or supporting
themselves through self-employment" (b) addressing the chronic shortage within the Community of housing at
affordable rent levels {1) for key workers and others whose presence on Tiree is required to sustain the local
economy and lil) for people in necessitous circumstances, through the provision of housing for rent on affordable
terms,. (c) advancing the arts and culture, through the provision of appropriate performance, rehearsal, learning
andlor exhibition space for arts and cultural activities., And (d) providing recreational facilities available to
members of the public at large, with the object of improving their conditions of life,. {2) The promotion for the
public benefit of the preseNation (whether wholly or in part) of buildings and other features of historic, pre-
historic andlor architectural significance, and in particular the complex of buildings forming the historic lighthouse
shore station at Hynish and any other features of historic or pre-historic interest (including structures, sites and
artefacts} in the vicinity of those buildings,'13) The advancement of education, and in particular with regard to the
historic lighthouse shore station at Hynish as well as the Skerryvore lighthouse itself, and other topics relating to
the area in which the buildings are located and those living in and around that area.
Achievements and performance
Achievements and Performance
This year as been all about the conversion from The Hebridean Trust to the Hynish Trust and the creation of a new
structure (SCIO). This was achieved in January 2025 after lengthy negotiations with the Charities Commission and
OSCR. This will now allow the community to take the site at Hynish forward and develop it for the future. A major
milestone.
A major step fomard was receiving funding support from A&BC Strategic Housing Fund and HES to upgrade 2 of the
Lighthouse Cottages at Upper Square. This has allowed 2 families to move in on long term leases. Changing all
leases to Private Residency Tenancy (PRT)agreements have also been an important step forward.
Moving the Skerryvore Exhbition to the Old Store House allowed Morton Boyd Hall to revert back to be used as a multi
purpose hall. This was completed with the help of volunteers by end of March 25. Funding was received from SSEN
to upgrade the electrics and improve energy efficiency in both halls. Funding was also received A&BC for new
branding, signage and website to reflect the new Hynish Trust.
Morton Boyd Hall was renamed Skerryvore Studio and a marketing plan was commissioned to assist with planning
occupancy and revenue for the future. Funding was secured for this.
Considerable volunteer time and work was put in to funding applications during the last quarter which have been
successful.

The Hynlsh Trust SCIO
Tru8ts08' Annual Report (wilnu•dJ
Yoar endod 31 March 2026
Flnanclal r•vl•w
Flnanelal rnvl•w
Th? rèsult8 for the yew and tho ffnanclal posltl¢x of Ihe Charfty are as 8hLAvn In the flnanclal 8tot•ment•. The defidl for
the period wa8 £388,857 P024.. £334,981) beln9 a Unre6trtlod Funa déflcll Of £85,188 and a Ra￿kted Fund deflclt of
£301.889. The Restrlcted Fund defldt V+7$ ¢roated by tho a88ots bolng rovalu•d durlng tho year. Tho net ￿3?1$ of Ihe
charlty al the year end were £2,172,436 (2024: £2,539,292) ol whkh net Ilabllitles of £10,403 (2024: £64.765) re￿ted to
Unrestrlcted Fund8 and not 88s8ts 01 £2,182,838 {2024: £2,484.627) rolatod to R8•trkted Fund6.
Re￿1Ve* pollcy
It 19 Ihe pollw of the ¢harlty to malntsln Unrestrkted reseNe8 at 8 ￿v01 to provlde 8ufficl•nt fund• to cowr
management, adminlstrauon and 8UPPOrt co8t8, The TN8tee8 ￿11 seek to bulld free re8erv88 through fundfa181ng and
Incomo gonoratlon.
Plan8 for futuro p•rlod•
Futur• plans
Fundlng has been 88cur8d for 3 pro1￿￿.
A&BC SHF Phase 2
upgrad8 eott8ge8 8t Uppr Square and 2 cottag•$ at lo%%*r 8quaro Rural Tourfsm
Infrastructur& Project - upgrad8 3 car parks, fencing. gates 8nd create a dlrecllonal trall wlth Infornialon board8
Sccttish Govemment Island Project - Llghthouse Cottages H8rltsge Projèct - external up9rad8 kn 4 Upper Square
Cottages and tralnlng programme for traditlonal skllb There Is a180 a fundlng 8ppll¢atlon submltted to the Hertloge
Lottery Fund for 2 full tlme posts. Securlng fundlng for posts Is 8 rnajor pflorfty 88 volunteer capadty has b•en
8tretched over the past y88rs. It Is hoped to secure lundlng for a proJ￿t to ellow r8furb18hm8nt of the 3 cowsh8d8
th18 year to pmvkle buslness space for locals. Upgradlng worf( Is planned for Alan Stevenson House and th• orvJclng
Improvement of bulldlngs acrogs the slt6 to make them more enèrgy efficlent and revenu? generallng.
The trustees, snnual report wa8 approved on 17 Dec8mber2025 and 8]gTr￿ on behalf of tho board of trustee8 by.

The Hynish Trust SCIO
Independent Examiner's Report to the Trustees of The Hynish Trust SCIO
Year ended 31 March 2025
I report to the trustees on my examination of the financial statements of The Hynish Trust SCIO (Ihe charity,) for the
year ended 31 March 2025.
Responsibilltles and basis of report
As th8 trustees of the charity you are responsible for the preparation of the financial statements In accordan￿ with the
requirements of the Charities and Trustee Investment (Scotland) Act 2005 (the '2005 Act,) and the Charities Accounts
(ScoU2nd) Regulations 2006 (as amended). You are satisfied that your charity is not required by charity law to be
audited and have chosen instead to have an independent examination.
I report in respect of my examination of the charty's financial staternents as carried out under section 44(1}{c) of the
2005 Act. In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts
(Scotland) Regulations 2006 (as amended)
Independent examlner's statement
Since the charity has prepared its accounts on an accruals basis your examiner must be a member of a body listed in
Regulation 11(2) of the Charltles Accounts (Scotlandl Regulations 2006 las amended). I can confirrn that l am qualified
to undertake the examinatlon be(3use i am a registered member of ICAS which is one of the listed bodies.
I hav8 completed my ex8mination. l Gonfinn that no matters have corne to my attention giving me cause to believe that
in any rnaterisl respect..
accounting records were not kept as required by section 44{1)(a) of the 2005 Act and Regulation 4 of the
Charities Accounts (Scotlandl Regulalions 2006 (as amended),. or
the financial statements do not accord wrth those records", or
the financial statements do not comply with the accounting requirements of Regulation 8 of the Charities
Accounts {Scotland) Regulations 2006 (as amended).
I have no concerns and have come across no other matters In connection with the examination to which attention
Should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

The Hynish Trust scio
Statement of Financial Activities
Year ended 31 March 2025
2025
Unrestricted
funds Restricted funds
2024
Note
Total funds
Total funds
Income and endowments
Donations and legacies
Charitable activities
Other trading activities
Investment income
Other income
7,423
47,590
66,688
74,111
47,590
8,679
51,244
171
310
125
19,549
74,687
125
19,549
141,375
Total income
66,688
60,404
Expenditure
Expenditure on raising funds..
Costs of raising donations and legacies
Expenditure on charitable activities
Total expenditure
10,11
196
395,169
395,365
61,961
446,271
446,271
508,232
508,232
61,961
Net expenditure
12,726
(379,583)
(366,857}
(334,961)
Transfers between funds
(77,894)
77,894
Net movement in funds
(65,168)
(301,689)
(366,857)
(334,961)
Reconciliation of funds
Total funds brought forward
Total funds carried fO￿ard
54,765
(10,403)
2,484,527
2,182,838
2,539,292
2,172,435
2,874,253
2,539,292
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 7 to 17 fomi part of these financial statements.

The Hynlsh Trust scio
ststement of Flnanclal Po8ltlon
31 MarGh 2025
2020
2024
Flxed a88ets
Tanglble fixed assets
18
2.176,622
2,661,600
Current a688ts
Debtors
Cash at bank arKI In hand
19
24,942
6,730
15,4U
22.174
29.627
Credltor8: amounts falllng du• wlthln one year
Net current Ilabllltles
Total a88ets le88 currnnt Ilabllltl68
24,528
2,174.387
2,549.246
Crndftor8: amounts falllng du• after more than one year
N•t asMI8
21
2,172,435
2,539,292
Funds of the charlty
Rg3tricted funds
Unrestricted funds
2,182,838
(10,403)
2,172,436
2,484,627
64,765
2,539.292
Total charfty fund8
The$6 financial Statements werg approved by the board of trustees and authorlsed for18suo on 17 December 2025,
and ar8 slgn8d on beh8lf of the board by.

The Hynish Trust scio
Notes to the Financial Statements
Year ended 31 March 2025
General information
The charity is a public benefit entity and a registered charity in Scotland and is unincorporated. The address of
the principal office is The Lighthouse Shore Station, Hynish, Isle of Tiree, Argyll and Bute, PA77 6UG.
Statement of compliance
These financial statements have been prepared in compliance with the Charities and Trustee Investment
(Scotland) Act 2005 and the Charity Accounts (Scotland) Regulations 2006 (as amended).
Accounting policies
Basis of preparation
The financial ststements have been prepared on the historical cost basis, as modified by the revaluation of
certain financial assets and liabilities and investment properties measured at fair value through income or
expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity-
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and
are based on experience and other factors, including expectations of future events that are believed to be
reasonable under the Circumstan￿$.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of
an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds.

The Hynish Trust SCIO
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the
charity,- it is probable that the economic benefits associated with the transaction will flow to the charity and the
amount can be reliably measured. The following specific policies are applied to particular categories of income..
income from donations or grants is recognised when there is eviden￿ of entitlement to the gift, receipt is
probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is impractical to
measure reliably, in which case the value is derived from the cost to the donor or the estimated resale
value. Donated facilities and serVI￿S are recognised in the accounts when received if the value can be
reliably measured. No amounts are included for the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the contracted service.
This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a
particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is re¢ognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which
cannot be fully recovered, and is classified under headings of the statement of financial activities to which it
relates-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading
activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that
further its charitable aims for the benefit of its beneficiaries, including those support costs and costs
relating to the governance of the charity apportioned to charitable activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of
its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a
single activity are allocated directly to that activity. Shared costs are apportioned be￿een the activities they
contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation
and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date
of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The Hynish Trust SCIO
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Accounting policies (continued)
Tanglble assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised
gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure
within the statement of financial activities. A decrease in the carrying amount of an asset as a result of
revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous
revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of
financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the
useful economic life of that asset as follows..
Freehold propety
Fixtures and fittings
Improvements to propety
Impairment of fixed assets
2 /0 Straight line
250/0 Straight line
20/0 Straight line
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being
estimated where such indicators exist. Where the Carrying value exceeds the recoverable amount, the asset is
impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an
individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset
belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and
generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date,
allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination,
irrespective of whether other assets or liabilities of the charity are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual
provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or paable including any related
transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the
present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to
be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related
service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead
to a reduction in future payments or a cash refund.

The Hynish Trust SCIO
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Accounting policies (contlnued)
Defined contribution plans (Continued)
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in
which the employees render the related servi￿, the liability is measured on a discounted present value basis.
The unwinding of the discount is recognised as an expense in the period in which it arises.
Donations and legacies
Unrestricted
Funds
Restricted
Funds
Total Funds
2025
Donations
Donations
7,423
7,423
Grants
Grants receivable
66,688
66,688
7,423
66,688
74,111
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Donations
Donations
5,679
5,679
Grants
Grants reTrivable
3,000
3,000
3,000
8,679
5,679
Charitable activities
Unrestricted Total Funds
Funds
2025
Unrestricted
Funds
Total Funds
2024
Holiday accommodation
Residential accommodation
Short term lettings
1,045
8,019
42,180
51,244
1,045
8,019
42,180
51,244
14,150
33,440
47,590
14,150
33,440
47,590
Other trading activities
Unrestricted Total Funds
Funds
2025
Unrestricted
Funds
Total Funds
2024
Hynish tours
171
171
10

The Hynish Trust SCIO
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Investment income
Unrestricted Total Funds
Funds
2025
Unrestricted
Funds
Total Funds
2024
Bank interest receivable
125
125
310
310
Other income
Unrestricted
Funds
Total Funds
2025
Unrestricted
Funds
Total Funds
2024
Use of land
Tenant recharges
1,703
17,846
1,703
17,846
19,549
19,549
Costs of raising donations and legacies
Unrestricted
Funds
Totsl Funds
2025
Unrestricted
Funds
Total Funds
2024
Hynish tours
196
196
10. Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Charitable costs
Support costs
38,855
23,106
61,961
56,826
389,445
446,271
95,681
412,551
508,232
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Charitable costs
Support costs
44,719
15,339
60,058
316,855
18,256
335,111
361,574
33,595
395,169
11. Expenditure on charitable activitles by activity type
Activities
undertaken
directly Support costs
Total funds
2025 Total fund 2024
Charitable costs
Governance costs
95,681
409,975
2,576
412,551
505,656
2,576
508,232
390,393
4,776
395,169
95,681
11

The Hynish Trust SCIO
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
12. Analysls of support costs
Premises
Total 2025
Total 2024
Premises
Communications and IT
General office
Finance costs
Governance costs
Depreciation
Loss on sale
Accountancy
Interest payable
Professional fees
Sundry
Impairment costs
10,745
3,675
66
131
10,745
3,675
66
131
9,441
515
266
1,330
18,812
51
2,640
540
18,567
18,567
2,100
345
17,788
1,721
357,413
412,551
2,100
345
17,788
1,721
357,413
412,551
33,595
13. Net expenditure
Net expenditure is stated after chargingl{crediting):
2025
2024
Depreciation of tangible fixed assets
18,567
18,812
14. Auditors remuneration
2025
2024
Fees payable for the audit of the financial statements
1,330
15. Independent examination fees
2025
2024
Fees payable to the independent examiner for..
Independent examination of the financial statements
2,100
16. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows-.
2025
2024
Wages and salaries
Employer contributions to pension plans
1,400
3,826
80
1,400
3,906
12

The Hynish Trust SCIO
Notes to the Financial Statements (continued)
Year ended 31 March 2025
16. Staff costs (contlnued)
The average head count of employees during the year was Nil (2024: 1). The average number of full-time
equivalent employees during the year is analysed as follows..
2025
2024
No.
No.
New branding and website
No employee received employee benefits of more than £60,000 during the year (2024.. Nil).
17. Trustee remuneration and expenses
No remuneration was paid to the Trustees or any other connected persons during the year nor the previous year.
Trustees. expenses
There were no trustees, expenses paid for the year nor the previous year.
18. Tangible fixed assets
Freehold
property
Fixtures and Improvements
fittings
to propety
Total
Cost
At 1 April 2024
Revaluations
2,565,423
(357,413)
2,208,010
73,524
57.645
2,696,592
(357,413)
2,339,179
At 31 March 2025
73,524
57,645
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
68,410
17,102
72,590
312
3,990
1,153
5,143
144,990
18,567
163,557
85,512
72,902
Carrying amount
At 31 March 2025
2,122,498
2,497,013
622
52,502
2,175,622
2,551,602
At 31 March 2024
934
53,655
19. Debtors
2025
2024
Trade debtors
Prepayments and accrued income
Other debtors
22,184
844
1,914
24.942
5,318
598
814
6,730
13

The Hynish Trust SCIO
Notes to the Financial Statements (continued)
Year ended 31 March 2025
20. Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
Trade creditors
Accruals and deferred income
Other creditors
8,000
19,162
2,200
1,500
30,862
7,745
12,304
4,079
400
24,528
21. Creditors: amounts falling due after more than one year
2025
2024
Bank loans and overdrafts
1,952
9,954
22. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £Nil
{2024. £80).
23. Analysis of charitable funds
Unrestricted funds
At
Transfers 31 March 2025
At 1 April 2024
Income
Expenditure
General funds
Designated Stonewall Park
Charitable Trust
54,010
74,687
(61,176)
(77,924}
(10,403}
755
(785)
(61,961>
30
54,765
74,687
(77,894}
(10,403}
At
Transfers 31 March 2024
At 1 April 2023
Income
Expenditure
General funds
Designated Stonewall Park
Charitable Trust
57,615
55,404
(59,009)
54.010
2.000
(1,245)
(60,254)
755
57,615
57,404
54,765
14

The Hynish Trust SCIO
Notes to the Financial Statements (continued)
Year ended 31 March 2025
23. Analysis of charitable funds (continued)
Restricted funds
At 1 April 2024
At
Transfers 31 March 2025
Income
Expenditure
Upper Square
Lower Square
Treshnish Islands
Historic Environmental
Scotland
Argyll and Bute Council -
Staycation Fund
New Branding and Website
Architectural Heritage Fund
Argyll and Bute Council
Strategic Housing Fund
Scottish & Southern
Electricity Networks
Scottish Government
Resilien￿ Fund
852,372
1,621.031
(102,372)
(273,297}
750,000
1,425,000
77,266
7,838
7,838
1,286
2,000
{1 ,400)
{2,000)
{6,600)
114
6,600
42,884
(43,305)
421
11,918
(11,918)
5,286
66,688
{5,379)
{446,271)
93
2,484,527
77,894
2,182,838
At
Transfers 31 March 2024
At 1 April 2023
Income
Expenditure
Upper Square
Lower Square
Treshnish Islands
Historic Environmental
Scotland
Argyll and Bute Council
Staycation Fund
New Branding and Website
Architectural Heritage Fund
Argyll and Bute Council
Strategic Housing Fund
Scottish & Southern
Electricity Ne￿OrkS
Scottish Government
Resilience Fund
858,561
1,633,098
307.395
(6,189)
{12,067)
(307,395)
852,372
1,621,031
13,573
(5,735)
7,838
4,011
(2,725)
(1,000)
1,286
2,000
3,000
2,816,638
3,000
(335,111)
2,484,527
15

The Hynish Trust SCIO
Notes to the Financial Statements (continued)
Year ended 31 March 2025
23. Analysis of charitable funds (continued)
Upper Square
We have upgraded 2 of the 4 restored lighthouse cottages. These are long term leases to localslkey workers as
affordable house. The Signal Tower has been earmarked as a project for 2&26. All these buildings are Category
1 Listed.
Lower Square - This includes the following projects:
Alan Stevenson House is now a hotel and is on long term lease to a local family. They also has sole us of the
Coal Store. Morton Boyd Cottage is used for seasonal workers The Cottage is a long term lease to localslkey
workers as affordable housing The Stables is a long term lease to localslkey workers as affordable housing Old
Storeroom now houses the Story of Skerryvore Exhibition Morton Boyd Hall (where the exhibition used to be) has
now reverted to being a multi purpose Hall and has been renamed Skerryvore Studio. Three Cowsheds are used
for storage PigstylLatrines is an empty building
The Barracks (6 flats) are not fit for occupancy and a refurbishment project is planned for 26-28 Hynish Harbour,
Reservoir, Flushing System and Boom Gates will be a future project. All buildings are Category 1 Listed.
Historic Environmental Scotland
Energy improvements to the 2 cottages at Upper Suare (in conjunctions with the A&BC SHF Phase 1 Project)
Argyll and Bute Council - Staycation Fund
Warden for summer season.
Argyll and Bute Council- Branding and Website
Develop new branding for the Hynish Trust, new website and social media plan
Architectural Heritage Fund
Funding for the valuation costs for the Hynish Shorestation project.
Argyll and Bute Council Strategic Housing Fund
Phase 1- improvements to the 2 cottages at Upper Square (in conjunction with HES)
Scottish & Southem Electricity Networks
Electric and energy efficiency at Old Store and Morton Boyd Hall to facilitate the Exhibition Move
Scottish Government Resilience Fund
Marketing Consultant and Plan for Skerryvore Studio (SS) Crockery and glasses for SS, signage for the
Exhibition and SS, 2 months admin support to facilitate the move and coordinate volunteers.
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The Hynish Trust scio
Notes to the Financial Statements (continued)
Year ended 31 March 2025
24. Analysis of net assets between funds
Unrestricted
Funds
Restricted
Funds
Total Funds
2025
Tangible fixed assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
622
21,789
(30,862}
(1,952)
(10,403)
2,175,000
7,838
2,175,622
29,627
(30,8621
(1,952)
2,172,435
2,182,838
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
935
71,155
(7,371)
(9,954)
54,765
2,550,667
(48,981)
(17,159)
2,551,602
22,174
(24,530)
(9,954}
2,539,292
2,484,527
25. Related parties
During the year a Trustee provided a loan to the charity amounting to £11,000. This loan was interest free and
had no terms of repayment. At the year end the Trustee donated the balantr of £4,000 to the charity.
17