REGISTERED CHARITY NLTh18ER: SC041742 Report ofth• Trtml• and Unaudltsd Fln•ncknl 8tstoThnts forth• Y••r Ended 30 septemr 2024 for GAradh i ehagh a TuAth 8CIO Campbell Stewart MacLennan & Co Chartered Aeeountants Unrt 3, Broom F Portree Hlghland 519HL
G•rndh a Bhagh * Tulth SCIO Contsnts ofth8 Fmaneial StslÈments forthe Year Ended 30 Septembgr 2024 P• R•portofth• Tnt•• 1 to 3 Indwp•nd•nt Ex•m1 R•port 8tstwn•ntol Flnand•l Acllvttl•• B•l•ne• Sh••t Not•• to th• FID•1•1 8lat•ment• 7 to 19 D•tsll•d 8t•t•m•nt of FIn•n¢1 Acllvld•• 20 ¢0 21
rndh a Bhagh a Tu8th SCIO Report of th• fruste for tho Year Ended 30 September 2024 The Iw61ees prwnt thar report wth the finanoal $1?lements of the tharity tr)r the year ended 30 Septernbèr 2024. Th¢ ¢w$tees have adopted thè provisions of ArUnt7g and ReForting by Charities.. Statement of Recommended Prath applicable to chariiie5 preparing their account5 In accordan wlh the Financi81 Repothng Slandard applicable In VK and RepublK of Ireland IFRS 1021 l9ffg¢llvè 1 January 20191. OBJECTIVES ANDACTMTIES Obk¢tlv85 and alm• Our Pu0, g¥ set out in our Cortsthulon, we.. To Advanc the care, support and training needs of resident in the i818nd¥ ol Barra & Vabrsay physlcal disabilth'e¥, 198ming disab11.e3, mental health pr(knlems and sthtants misLk8e problems. To advanee the Ggre. support and lrninirvJ n•e(Is ol wth'ng adults wbth a$85•d care need& from 5urnuTrair6 islands and rnginland UK. ACHIEVEMENT AND PERFORMANCE Ch•dtsble activitle8 Garadh o)nlinuei to Ik with 8 f¢w part time slaff but many more slI1n@ and kn¢Jwlgdgèable volunleers, both In the garden and c¥fé. Wthout thwr input the projed QUId not be able lo function. We Still Yrk d08ely with thoge 1th support n•8 bvho Are a180 an Iiitogral part olthe project. Grd•n Inerè88ed varielig5 of #umrner plants, shrubs and ve9etabkn re gro¥th and sales %4Yro ha8llhy despi18 th• poor ealher ovar th• gummer Sat8ds, he$ and other vegetables [tr also sokd through th• commwity jhop and we supplied to loe41 restaurants on a regular b8618 Hant sales on other i91ands re 8 thance for the wholg l•am to 8p?nd a day tog¢ther and meet other gafdeners apprecia"ve of the work they put in. Growing da¥s¢s ¥re held for f8rni1os 8nd adults during Ihe surnmer and wwo wdl attended 8nd •nloyed by lh• partpan. c6 cafè was a popular venue for both locals and tourists alikè during the oumrn?r months and way able to slay opon for 3 day6 a we¢k durfng the wlnler lo provide a warm and wdcomlng spaco for lo1 p8op5e to gathgr and enjoy 8ub8idised mtal. Ffftsh foc#J, using produce from the garden In sea90n, to be on off¥r ¥ith irnaginalivè menu8 t•ing tned out. R•n•w4bl•• Phase Onè ol the Turbire R¢fiJrbi$hmenl. compn$ing a new hèad and bladeg to ona ol the turblne8 and lull s8rvie lo th¥ tslher hvo, wa8 carried out over the w1nr. Phase Two is due to go ahe within the next year once ful fundwig has bqen seCAJ. OTh all the is cOrnptelj we hwe to b• more ergY a"8nt. reducing our c4Tbon fooipAnt and making the whc4• project moTr ¥ustainab and less Aliant on grant funding. W•llne¥• CorfJrdln•tor Fundlng for a further yeèr was obtained for thi8 valu¥bk8 poat whlc continue¥ lo •ypand ils p%thvilka to indude wkly messy play 5$10$ for babies and toddlets in ¢In10n wth Ihe lotrAI Chiklfftn's C8ntr. Groups of thiidren from th? loc81 nursery come weaY and thoroughly enjoy their tsme In the garden. Htallh walks and genlk exero3e classes for okjer and daed ppople are popUr the nurnb8rs have grown. Food 8anhJFood Lard&r The Food Bank i8 hosted by the Garayh bui run by its own set of volunteers. Th8 Food Larder 18 rw by the Garadh th our own staff collecting the ex$8 from the Cp on a daily basis. Thls food is available to anyone without Ihe ed to b8 rerts. It is hoped that fvnding can be obtained lo fund a p051 to run and over8eè this valuable resource InfrJ¥tructur• A W0shoP Wds elected bemeen the contain8rs, which were Covered in cladding and painted which greauy enhanced their attractiveness. Th15 was funded by a CnES Small Capital Grant. Gèneral Improvements arouTrY the site wefft carried out by a Lledicat8d sèt of Vo4nteers. Page 1
G•rndh o Bhagh a Tu•th SCIO Report the Trustees forth• Y•ar Ended 30 September 2024 FINANCIAL REVIEW Flnan¢lal position The Charlty intends to keep fFEe SeNe$ which art those unrestricted funds not invested in fixed assets. desvJnat¢d to a speofic purpose or otheMise ccmmitted at a level of three to six rnonth5 operating costs as a contingency. At the balan 3hegt date unrestricted free reserwes 3t¢>Jd at £52,234 (2023- £42,213). The Commrtt•e GonsKlers this Ve1 io be adequate. Pwlnelpal fundlng Bourc•8 The charity'$ principal sour8 of funding in thg year under leaW ware.. Dona0 Garden ITme Rental In(rr Eleclno vehicle ch8rglng Ineome Cornhairl8 n8n Elart Siar The University ofthè Highlands & Idand8 The Crown Estste Western Iskgs Development TNst Voluntary Aaion 8orr8 & Vatèfsay Coimh98rsnaehd Bharre •gu$ Bhatar8aidh Co-op Communty Fund Ui$t Council ol Voluntsry OrganiBation8 STRUCTURE, GOVERNANCE AND WNAGEMENT Governln9 do¢um•nt Garadh a Bhagh 8 Tualh SCIO 18 a Scottish Chadtsble Incorpornled Organmabon and its PUTPO aThJ administrative arTangement are 1 out In ow Con¥¢ibJtlon. Recrultment and •pptslntm•nt of n•w tnMts•• The board may at any ty'r 8PPL¥nt any rnernr to b• a tharity IrJ$t••. The rnlnimum numb•r of trwta88 18 flve arhd Ihts mgximurn Is Mlv•. K•y mana9ement rernun•rntlon Key man898menl personnel ?re consldered to b8 M.R. M8cLean and th8 board of tru¥tae8. REFERENCE AND ADMINISTRATIVE oeTAIL3 Reglstered Ch•rfty numbèr SC041742 Page 2
Garadh • Bhagh • Tuath SCIO oport ofthèTn for the Yg¥ End•d YJ Soptombr2024 REFERENCEAND ADMNISTRAnVE DAlL$ Carnpbell St?wsrt M8cLennon & Co Ch2rtÈrÈd Attount8nls UnS13. grwm Pl8ce IV51 9HL 8TATEMENTOFTRU8IEEV RE8PQNSIBILmES The tnjstees ao roopSIbl@ ftr pr8w.ng the Report of th6 Tw8t8OJ 8nd th8 ffnandal Btat8m8nts In accc¢danr wlth Lyw and Unlted Kiry(knTh Accountirs Sl8nd&rds (United Kingjoffj GerwalyAwpLed Accounllng The L8W 8pplIcab to ehalft& In Scoland. the ChaFIUes Tw$ts¢ Inve81m8nt (Sw8nd) Aca 2005. Chsdt Acc(ntS IS¢ottandl RegUlaOn8 2Crf)6 la5 amdEd) and the of Ihe ch8riW8 crffisti¢ulvJn. rewfras the trua88 to V8P8r6 flnandal st8t8m$ntè 88th fln8nclal year whlth g8 B tru6 8nd fair wew cl the stalè of affalrs or th8 charlty and ol tho Komlng r880urc88 8nd akwicauon ol r88OurC, Ijuding Ihg irwmo aThJ 8¥46ndturo, ol tho ¢harfty frxthat cl. In preparing tt¥)s8 lInaral 8totement8, the tru6te88 &rg fèqulr8d to •d8Ct sulta• a¢C(xJnng pdIc8 11 Ihen app Ihm cone18tenty,' orve lh8 m8lhod8 and prfncleS In lh8 Charfty SORP.. makelLtynts 06Wm8188 that &r8 rea80nable ond prud¢.. pr•p8rg Ihe &t818m8nt6 on th8 9[va CDThL¥m unl888 11 Is InaFproprfate to presurno that th8 wri )nOnue In bUn&s. The biffjt•O• 8r8 f88ponble for kee[¥d propor 8(wunlw wNch dlsth$8 1h r88sonable acunty at 8ny me Iha flnonad pu5n cf thB th•rlty 8nd to enable them to &nwre Ih81 tho fiTr8ndal etatemgnts compty %thth the Charfl9 aTrJ IDveslTnent IS¢ollandl Act 2005. ch89 Accojnts IScolBndl Fl¢gulallon8 2(MA la allndl and lh• PTovlslwA of the charity's constitullon. They are 0150 reSpsIb1a for 88lewardlw tho 8880ts cl th8 charlty h8rK• fertaklry reownat40 stop$ frrfthe provenlioi de1•d offra and otherlFregularW. . ert)d on It8 ty,. Ilwd byoTd8rofth8 bo*d oftrtJgts96 t.... P•J8 3
Independont Examinerfs Roptsrtto the Trusts•$ of Garndh a Bhagh a Tuath SCIO I report on th¢ accounts forthe Or er8 30 September 2024 setout on pages five to ninetyen. Raspothe $pOnSIbl11t1es of trustse5 and euffllner Thè charity's trustees are re5ponsibk for the preparat of the acwunls in accijrdance wlh the tems tsf the Charits aThJ Twstee Inv85trnent {Scoand) Act 2C¥J5 and the chat$ Accounts (Scolandl Regulations 2006 las amendedl. The chartys tNstee¥ cOnser that the audit requirement of Regulation 1011 Ilal to Icl ol the Accounts Regulatn5 d¢es not apply. It 18 rny responsibilty to gx8mine the awjunts a6 rw4uired under Section 41111¢) of the kl 8nd ¢0 slats whather parucular matters have corne to my attention. Bas15 of the Indepond•ftt ex•mlneV• r•port My exarn1nth.c vrds carried out in accordance with Regulation 11 of the Charilieg Attfjunts (Scotlandl Ragulalicns 2&)6 An examination indudos a VIeW ol the a¢UntIng records képt by the charity and a comparison ol the a(£ount8 presenknl wth those records. It also indudes consideration of 8ny unusual items or disclosures in the ac£ounls, and 6eekn.ng explwats'ons from you as twstees concérning any such matters. The pro¢dU$ underl8k¢n do not provid& all the 8wd8nts that would be required In an aart, and cknn8ffjuently I do not expre88 an aud.rt op'nion on the VMY gNen by thè attounts. Ind•pendent 8xamIne• •l•tsm•nt In connection with my gxamInacn. no rnatt8r ha8 come to my attèntK)n '. 111 thich give$ m• reasonabK8 to balleve that in any material reJF*d, the wuirern¢nts to k••p aecounling recorill In accordance Section 4411llal ol the 20JS A¢t and Regulatbn 4 01 Ihe 21x8 ountg Regul8tionB', and to prepare ounts bthich actor¢l vthh the a)unrtg rncijrth and to eunply wth Regulathjn 8 of the 2C Accounts R•9uhl1S have not been m•t or 121 to whth, in my onI)n. attenlcfi shouha b• drawn in ord•r to ana8 a prowr underntanding oftha to b• re8ch8d Campbell Stewart MacL•nnan & Co Chartered Accwntants Unit 3. Broom Place Portree Highland IV519HL Page 4
Garndh a Bhagh a Tuath SCIO statement of Fin4nelal AcUvl¢le¥ forth? Year Ended 30 Septsmbor 2024 3LV3123 Totsl nds Unrestrthd funds Reglrict•d tunds Totsl fvnds INCOME AND ENDOWMENTS FRQM Don8tions and bg8rAè5 7,785 7,785 9,447 Charh•blo acllvltle• ore 28.129 81,051 87,180 152,158 Othertra(I'ng aetlvttt88 31.360 31.360 18,507 Tothl 65,274 61,051 128.325 178,112 EXPENDITURE 014 Raising funds 28,489 28,489 Ch•rft•blg •CtlvM•• Co Depreriallon 46.707 7,150 31,195 52,735 109,915 67,841 S9.885 Totsl 53,857 112,419 166,278 177,756 NET INCOMEiiexpENIXTIJREI 11,417 151,3e81 139,9511 RECONCILIATION OP FUN08 Totsl funds brought forward 111.163 1,457,291 1,568,454 1,588,098 TOTAL FUNOS CARRIED FORWARD 122,580 1,405.923 1,528,503 1,568,454 CONTINUING OPEIIATIONS All inojmfr and experKliture h88 ariwn trom COnnn9 aclNIOgJ. The notes forrn part ol these financial ststements Page 5
G•r•dh a Bhagh a Tu•th S¢lO BalatK• Shoot 30 S8pt•mbar 2024 ithréBtrknted R88trthd fund$ Total fufvjs Tolal hJnd8 FIXED ASSErs T8nglb18 assets 82.845 1.379,128 1,461.973 1,5Cfj,986 1.379.128 1.461,074 1.506.957 URRENT ASSETS D8blor8 PrepayMts acc¥ Inc Cash at b8nk 13,892 4.Cfj2 46.719 13,092 4,062 76,824 2.503 30,105 86,918 64,473 30,105 94,578 94,116 CREDrfoRS Arnwnts du8 vlthn onoy¢W 10 112.2391 13,3101 115.5491 117,6191 NETCURREt4T A88eT8 52,2 28,79S 79,029 76.497 TOTAL ASSETS LE88 CURRENT LIABILmE8 135,080 1,405,923 1,541.C03 1,583.464 CREDITOR8 Anyjunts falllng duè thnr0 than om yw 112,5001 112.5TrJl 115,DJOI NET A88Ef8 122.580 1,406,923 1,528,Sa3 1,668,454 FUNDS Unrestrkted bJTrJ6 Re$irlct6d fund5 13 122,580 1A05,923 111,163 1A57291 TOTAL FUND8 1,528,5(K1 1,568,4S4 Tno fiTh8ncl Jtsi¢ment8 wore 8kwrowl by thè Bowd of TruBt•e8 8TrJ 8uthcW fcf IMu• , And w•r• Aiqmd on Its bèhaN ty,. Thè rthfcM partofthos¢llnan&al statennts Pag8 6
Garadh a Bhagh a Twth SCK) Notes to the Financlal Statem?nts ft>rtho Y•r Ended 30 S8Pt•mber 2024 ACCOUNTING POUCIES BasiN of preparln9 the flnancyal 5tatem•ntS The finanual statements of the charity. which r6 a public benefit ents.ty under FRS 102, have been pPared in ac&)rdancR 7th the Charities SORP IFRS 1021 'Accounling 3rKI RePorng by Chanlie8' Statement of Rec(Knrnended Practi applicab to charrties prepanng thwr aUnts in arfance with tha FinanGal Reporting Standard applicab in the UK and Republic of Ireland IFRS 1021 loffective 1 January 20191,. Financial Reporting Standard 102 'The Finana&l Reporting Standard 8pplie8ble in the UK and Republ of IrÉtand' aThJ the Ghoritss and TruBtee Invèsbnent Iscotlandl Act 2005 The financial 8tatements have been prepared uTrJer the histoncal cost c0nv?ntn, wth thg eXpIlon ol invèstments are induded 8¢ market vAIuè. FInCIal r•portlng standard 102- redu¢gd di•¢lo$ure ex•rnptloM The charity h&8 taken gdvantsq? of thè folowng disdosure exemption in pffjpadng theBo finanaal 8tatern¢nts, a8 pernthd by FRS 102 The Financial R8portirrfJ St8ndard applica In the UK and R8publK of Irel8nd'" the rfjquirernents olS8Lthon 7 Stateryt of Cash Flows. Ineome AJI is rewgniaed in the Stslenwnt ol Financial Actlvth'es onc the charfty ha8 entsernat to the funds, il Is probab th th8 in(x)me wll be r1Ved and the amount tan be measured lIab. Donatsons and grants are rxogni$ed when they have be•n ¢))mmuni¢at•d in wrfung wth notification of both amwnt and settlement dat•. In the event that a donation or grant is Subject 19 QditIonS that requirè a leve1 01 performance before th¢ charity 18 entilLgd to tha fu6. the income is defrrred and not recoJnM•J unll 8ith?r those condrtions 8rè fully ft1, or the fiJifilrnent ol those conditlons 18 vholly thIn the cijntrol of th• tharity and it iy probable that th? cordibcns 11 be fvlfilled In the reporting p8ri0d. Expendltur• LiBbilrtEs are recognised 88 •xpendtture as ¥0)n a8 there 18 8 kggal or ¢onstrueti¥e oblwJats'on ¢ommith'nG the chanty lo that expenditure, It 18 probsble th&t 8 Iran#far of econornie tenèfits vll bg ruld In settlernent and the amount of tha obligation Can bt measured reliably. Expenditure is acA)unled for On an arual$ basis and hos been Clasfied uThder h•8ding8 thal aggregat• all cojl relat to the ¢qlegory. Vvhefe ¥ts cannot be directly 8ttnbuled to Particular headings Ihey hav• been allocat•d to acdvilies on a ba818 cwJi<nt wth the uge of r•atyJrce$. T•nglbl• fix•d ••8ot• O¥precialion Is provi48d al th• followng annual rates in orfar to write off •att over rt8 06tthated ugefvl New buil¢J Bolhan & Sd Turbinè Equipment Greenhouse Oft1 equipmont - 2% straght line - 2% strawht lina - 1S% on reducing baknce - 25% on ffjducins balane• 16% on mducing balane4 - 25% on reducing baignce T•xatlon The is exempt frorn tsx on bts tharttabb ac¥ito. Fund accountlng Unr•striLed lunds be used In accord8neè the Chtab objectNes al the disuetion of the trugths. DeSnated fu8 arè unSti7¢t8d fijnds set asKle for s pacular purpos8 by the trustees Grant5 reVed towards fixed 855ets, On fully expeNJed in aCcoan0& wth the t8rrns of the ndItionS Imposed. are held as designated fund$ in er to track thè n•t book value DI relthd assets. Resbided fu5 can Dnly be uged for particular reslrieled purposes within the Objects olthe charty. Reslridions arisè when specified by the donor orwhen funds are raised for partlar restri¢Xed purpDse6 Further explanation of the nature and pUD$t of e8th fund 1$ induded in tho notes to the finonaal 5tatenRnts. Pension costs and other post.reUrement btnofflts The charity operates a defined contribution pension scheme. Conlribubons payable 10 the tharity's pension s¢eTne are charyed to the Statement ol Financkgl Activities in the p8ri(¥J lo which they rElate. Page 7
G4Adh a Bhagh a Tuith SCIO Notss to the Flnan¢lal Ststem•nts-¢onllnued forthe Year End•d 30 Septsmb•r 2024 ACCOUNTING POUCIES. conunugd Debtorn Trade and ¢tr debtors are rFwgnis&J at the Séttrnt amount due after any trade discount Offed. Pr8payrnentS 8re valued at the wnounl prepaKI net of any Ir8de discounts ¢Jua. Bank and Gash Cash at bank and cash in hand Indudes c88h and short te highly Ilquid inve8trn¢nts wtth a 8hort matunty of three months or from the date of acquislon or oFening of th8 d8POSIt or similar account. CdItO and provlJ5gn8 Creditors and provisions reeognlseLI %there th$ charity h95 A pr•sent cbligion r•sullin9 frryn a past event that wll probably result in the transfer of lur05 to a thKd paty ?nd the amount dug lo settle the obligats.on can be measured or estimated reli8bly. Creditors and pro¥igon5 arg normally recogni¥ed al their 3eWem¢nl amounl aft8T a11ty4in9 for any trade diKounts due. Golng The finanoal atèments have b88n Prepar on a going rLJncern ba818 as the truylees bèlieve that no materkil uncertainties exi$l. Iruslees have tt)nSered thè lovel of funds held and the expe4ed level of in(x)rn8 aThJ expenditure lor 12 month5 from aulhoriBing these finanaal Jtatements. The budgèted inoTh and Penditure Sufficient wlth Ihe leY?l of rès8Ne$ for th8 charty to be 8ble lo Contin a5 a goiry nrn. OTHER TRADING ACTIWTIES 3019124 Rent r8c*iv8d EV Charging Inc Elg#Titsty Inujme 14,310 851 1e.199 7,7 1,3eo 7,580 31,380 16,507 TRUSTEE8' REMLThIERATION AND BENEFITS The tn15tee$, who are Iht kty manag•Jngnt P8Ts¢Jnnel of the charity, dlJ not retha any cornpenutnn in efth•r tha year ended 30 S8ptember2024 or in th6 Yr. Thar• thtre no IN¢tses' eypen898 paid lor the year ¥nded 30 Seplgrnb•r 2024 nor for the year end•d 30 S8ptemter2023. The trtal •nploytront cogts for ttr• Key Managemènt P•r8wnel w¥$ £9,88012023- £13,93n, STAFF COSTS The averagè monthly number of ernployeesduring thè y•ar was 83 folk)1". HOrtlrIural tLrtor Projecl & faalsties manager Caf8 staff Administrator Wellness Coordinator Handyman 13 No employees received ernOlUEnts in excess of £60,IJ)O. P89e 8
Garadh a 8hagh a Tuath SC Notes to thg Financlal Ststsm¢nts- contlnued forthe Yoar Ended 30 8èpiember 21y24 COMPARATIVES FOR T+IE STATEMEKf OF FINANCIAL ACTIVITIES Unrestricted Restricted lunds Total funds INCOME AND ENDOl•ndENTS FROM Donations and legacies 9.447 9,447 Charhblo acll¥ltl•s Co 49,083 103.075 152,158 Othartrad'ng ac*¥ltJ•s 16,507 16,507 Totsl 75,037 103,075 178.112 EXPENDITURE ON Charltsblo actl¥lt Core Dgpmciatlon 90,840 7,121 19,275 60,720 1C8.915 67.841 Totsl 97.781 79,995 177.756 NET INCOMEUExPENDuREi Trnn•f•r• b•twM•n fund• 122,7241 14,0371 23.080 4,037 3&8 Net mo¥•m•nt In fund• 128,7611 27,117 RECONCIUATION OF FUN08 Totsl fund• brought forward previou81y reported Prior ytar adiuslment 123,404 14.520 1,448,465 118.2911 1.571,869 13.7711 A• r••t•tsd 137,924 1,430,174 1,568,096 TOTAL FUNDS CARRIED FORWARD 111,183 1,457.291 1,568.454 INDEPENDENT EXAMINATION 30.09.24 30.09.23 Amounts paid to Indèpendent Ex8miner In r05pecl gf. Independent eXametn Subscriptions red)arged by Independent Ex8rnin¥r AoUnts preparation and oth•r serviceB 1.496 427 1.495 2,415 485 2,415 3,418 5,315 Page 9
Garndh a Bhagh a Tuath SCIO Notes to the Flnancial Ststements- ¢onVnued for the Year Ended 30 8ept•mber 2024 TANGIBLE FIXED ASSETS Bothan & New Shod New Build TLKtsine COST At 1 Odob&r2023 AdditnI 1.463,949 436 11,301 9,449 36.272 At 30 September 2024 1,484,385 20.750 36,272 DEPRECIATION At 1 October2023 Charge for year 87.703 29.285 452 413 29,131 1.071 At 30 Sept?mber2024 118,988 865 30,202 NET BOOK VALUE At 30 Sept8rnteT 2024 1,347,397 19.885 6,070 AI 30 S•pt•mber 2023 1,376,248 10,849 7,141 Offic4 ?quipm•nt EquyNJnt ¢>eenhLxJ8e Tolals COST At 1 Oclober2023 AldrtKJn8 216.245 5,017 16,2eo 6,605 1,750,e32 14,902 At 30 Septemb•r 2024 221.282 16.260 1,765,534 DEPRECIATION At 1 Odober 2023 Ch8rg• lor year 108,710 28,140 13,059 480 4,621 243,676 59. At 30 September 2024 136,850 13,539 5,117 303,561 NET BOOK VALUE At 30 September 2024 84.412 2,721 1,488 1,481,973 At 30 Septgn*•r 2023 107,535 3,201 1,506,956 FIXED ASSET INVESTMENTS UnliBtsd Investmenti MARKET VALUE At 1 O¢totér2023 and 30 Sèptsmber 2024 NET BOOK VALUE At 30 Septernber 2024 At 30 Septerthr 2023 Tre werg no Investmenl asget8 oude the UK. The ¢h8rity'8 investrrent at the balance sheeté8t8 in the share caprtal Qlcthmpans ir¢lud8 the folk)wng.' Garadh Cafe Lt Nature of business C18s5 of sha$ Ordinary share capital Cafe 100Yo holding £1 Page 10
Garadh a Bhagh J Tuath SCIO Nots8 to the Flnanckgl Statem•nts. conttnugd lorthe Yeor Ended 30 September 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3019124 3wr23 oth•rdebtor8 Garadh Ca 2,431 11,261 1,514 989 13.692 2,503 1( CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3019124 3123 Oth•r loans (see note 121 Sodal 9Unty and cthèrtaxes Oiller creditor5 Oeferred inwrne exFense8 2.SOO 1,575 2.830 3.310 87 3,687 8,377 15.$49 17,619 11. CREDITORS: AMOUNTS FALLING DUE AFfER MORÉ THAN ONE YEAR 3CY9124 Other loans{8 nots 121 12,SQK) 15.OLbJ 12. LOAN8 An analy411 of Ihe maturity olloan•18 gn bel.. 3LV9124 Amounts falling due ithin one year on demand.. Oth•r laan8 Amounts f81In9 b¢ts%8n one and tsvd y8ar•'. Other loants- 1-2 years 2,500 2.500 Arnnts falling due beknwwn and flv& y•arn." Other loans. 24 y•arn 7,500 Arnounts fvlling th• In rre than yearn.. Rep8yabKry by $talMent¥. other loans more Syr¥ inylal The loan prOVKI by CNES L8 repayab ov•r 10 in8(allmonts and Wbl te fvlty repaid by 30 SepteMr 2030. 2,SOO 5,QJO Page11
Garadh • Bhagh a Tuath SCIO Notes to the Flnanclal Statoments- eontlnuod fortho Yoar Ended 30 Soptember 2024 13. MOVEAIENT IN FUNDS Net mvetr*nt in lun¢Js Transfers batween funds At 1.10.23 30.9.24 Unrnstrlctsd funds General fijnd Desunated fixed asset De8Enated New Buikl 28,356 23.038 59,769 18.567 15.8191 11.3311 17.1881 5,610 1,578 39,735 22,829 eo,016 111,163 11,417 122,580 Restrlctsd fund# PrDfessionBI feès fcrnew build Big Lettery Big Lottery- Bulkj CNES- Capital HIE- HilandS and Island8 EnlOnae CNES- ward HITRANS- Huhlandj and18laTrJ8 Transport Partnership CNES- Leader Bulld- own contribubon Western IBle8 DevelowieTht Tru8t Energy Savlng# Trust Colmac Swtt15h Govemment- Bulk I Weather Room Fund Nation81 Lottèry- All Weathgr Room Wolfson Foundation- 801ar pane18 WIOT- Turtjlne renoVatn CnES- Carbon Neutral FurMI CBaB- Turtjine Tenovation Outsr Hebddieg Cc¥nmunity Led LeLal Development CBAB- Spagan qr¥nt CNES- Crown Eitat8 2,877 16,613 874,476 92.304 92.300 1,977 2,816 16,260 855,773 90,330 90.325 1,935 13531 118,7031 11,9741 11,9751 1421 15,071 130,156 9,532 18,820 76.445 22.870 22,870 1,344 8,286 37,350 10,000 19,000 5,000 13231 12.7841 12WI 14011 115,2291 14891 14891 1271 11721 19,3381 18,3741 115,9251 14,1901 14.748 127,372 9,332 18,419 61,216 22,381 22.381 1,317 8,114 28,012 1,626 3,075 810 8,681 10,0 11,000 8.881 10.000 11,¢XO 1,457.291 151,3681 1,405.923 TOTAL FUNDS 1..454 139,9511 1,52B,503 Page 12
Garndh a Bhagh ¥ Tuath SCIO Notè¥ to the Flnan¢ial StateNnts-continu•d for thg Yoar End•d 30 Septemb•r 2024 MOVEMENT IN FUNDS . contlnugd Net MOnEnt in fvnd$, induded in above are a8 follo.. Incomlng re80urees Résources expend1 lovement in fuNJs Unr•strfct•d fund• Gener81 fvnd D8Sb3nated fixed 8Wt fijnd Oe8vJnated New Build 85,274 146,7071 15,8191 18,567 15,8191 11.3311 65.274 183,8571 11.417 Restrlctsd fvndi Profeonal fees far new bui Stsffing & admin BVJ Lottery Blg Lottery- Build CNES- Caprtal HIE- HlandS an11 Islands Ent•fpriie CNES-ward HITRANS- HvJhland8 and 18Lqnd8 Transp¢Jrt P8ther8Np CNES- Leader New 8uild- own eontributk)n Western Islès tvekJprnent Tru Enefgy Savings Trust Calmac Scottish Go¥trmm•nt- New 8ultd All Weathgr Room Fund Co-op Commun#y Fund 1611 118,00)) 13531 118.7031 11,9741 11.9751 1421 1611 18,000 13531 118,7031 11,9741 11,9751 1421 13231 12,7841 12001 14011 115.2291 14891 14891 1271 13231 12,7841 12001 14011 115,2291 14891 14891 1271 2,838 12.8381 Natb)nal Lotsry- All Weather Room Wolknn Foundatk)n- Bolar pan618 UCVO- Wellness Coordlnator WIDT- Turbine rtnovgtson CnES- Carbon Neutral Fund C8aB- Tufoine renovatkJn Outar Hebridies Cornmunrty Led Developrnent CBA8- Spagan grnnl CNES- Crown EstAte Voluntary Action- WILLS 11721 19.3381 19,3381 18.3571 18.3741 115,9251 14,1901 8.357 18.3741 115.9251 14.1901 8,8&8 10,orK) 11,OLM) 11751 8,681 10,000 11,0 12,OCM)I 61,051 1112,4191 151,3681 TOTAL FUNDS 126,325 1166.2781 139,9511 Poge 13
GAdh a Bhagh a Tuath SCIO Notei to the Flnanclal Statemonts-continu•d for the Year Ended 30 Septèmber 2024 hy)1mENT IN FUNDS- contlnued comrItIV98 tor mo¥emgnt fundi Prior year adjustment Net movement in funds Transfe behspen fund At 3D.9. 1.1D.22 Unre$tsl¢tsd fund$ General fvnd De$ign8ted fixed a88èt fuThl Dèanated Build 36,716 14,520 115,6031 17.2771 28,356 25.618 61,070 15.8201 11,3011 3,240 23,028 59,769 123.404 14,$20 122,7241 14,0371 111,163 Re8trlctsd fvnds Pnfessional fees ftsr nwj bLuld Big Lcthry Big Lcltsry- Build CNES- Caplta HIE- HvJh18nds and l$lands Eftterpr CNES-ward HITRANS- Hh3hlands and Ian(ts Transport Partnership CNES. Leader New Bulld- own contributlon Western Isles Dovelopment Tru•t En•rgy Saving8 Tru8t C8lm8c Sc4tts'$h Gov•mment- Nèw Build All Weather Room Fund Nabonal Lottèry- 1 We8ther Room ljland Communrtles Fund- lar parels Wolf80n Foundatkin- 801ar parffj OT- Tuloin• renovatv)n CnES- C8thn Neutral Fund CBo8-Turbine renovation 2.938 16,ge8 890.536 93,993 2,877 16,613 874,476 92,304 13531 {18.7641 11,9811 2,704 93,995 2,014 11,9811 1431 92,300 1,977 15,347 132,554 13231 12,7921 47 15,071 130,156 9,591 12011 142 9,532 19,192 100,4D4 23,289 14021 120,1881 I4) 18.820 76,445 22,870 13,7711 71 23,289 1,372 14901 1281 71 22,870 1,344 8,459 11731 6.286 14,520 114,5201 37.350 10.000 37,3SO 10,000 19,000 19,000 5.OJ) 1,448.465 118,2911 23.1)80 4,037 1,457,291 TOTAL FUNDS 1.571,869 13.7711 356 1.568,454 Page 14
Q•radh a 8hagh a Tuath SCIO Noteg to the Finanelal 5tstennts- conttnuod for th• Year Ended 30 3eptsmber 2024 mOVEmEP IN FUNDS- contlnu•d ctyry>arati net movern8nt in furvjs, induded in the above are as fts11ow8-. Incoming resources Resourc£s xpended Movement in fuThJs Unr•8trfct8d fundB General fund Desonated fiK¢d 0sset fvnd Des&naled &Jlk 75,037 190.8401 15.8201 11.3011 115,6031 15,8201 11,3011 75,037 197,7611 122,7241 R•tytrict•d frJnd8 ProfeBsional lees fornew build Staffing & adrnin 9,OC 19.0001 1353 118,7841 11,9811 11,9811 1431 13531 118,7641 11,9811 11,9811 1431 Blg LDttery- Build CNES- Caplt81 HIE Highland8 and1814nd8 Enterprige NES-ward HITRANS- HvJhlaThd8 and l$land$ Transport Partner3hip CNES- L•ader Build- own contrt)ub'on Westorn Isles Devdopment TnJ8t Energy Saving8 Trust Calmac S1t15h Government- Build An We8th&r Roorn Fund National Lottery- 1 W•ather Room Wolf8on FoundatiDn- solar panel• UCVO- Wellness Coordinator CnES- W9m H0rnfj8 fund DT- TUIne renovats.on CnES- Carbon Nautral Fund C8aB- Tuljlm n0vatIOn Castkb¥y Community CoUnl-WCffienj' 13231 12,7921 12011 14021 120.1881 149)) I4) 1281 11731 112,4X)I 15.1331 14.6421 13231 12.7921 1201 14021 120.1881 14901 14901 1281 11731 37,350 49,800 5,133 10.000 19.000 5,OL4) 10.CO) 19.000 5,000 Isooi 103.075 179,9951 23,oeo TOTAL FUNOS 178,112 1177,7581 Page15
G#Mdh a Bhagh a Tuath SCIO Note8 to the FInancl Ststemonts- contlnued forthe Yoar Ended 30 September 2024 MOVEMENT IN FUNDS- eontlnu•d A oJffèntyear 12 rnonth5 and pri)r year 12 months e1)mbi pc¥gth'on is as follows.. Prior Net year movement Jju8trftent in fvnds Transfers betsn fvrvJ¥ At 1.10.22 At 30.9.24 Unrg•ts1eted fundi General fvnd Des¥natwJ fid asset fur rSanated N¢M Buikt 36,716 14,520 114,4851 39,735 25,818 61,070 111,8391 12,6321 8,850 1.578 22,829 60,016 123.404 14,520 111,3071 14,0371 122.580 Rgatrl¢tsd funds Professional fee8 forn build Lottery Bg Lottery- Build CNES. Caplt HIE. Highlynds an(J 18nd8 Ent•ws8 CNES-word HITRANS- Hlghlands and Iand8 Transport Partrrthlp CNES- Leader New Build. oh contnbution Weslem Isles Developrnefit Trusl Energy Sa¥ing8 TTWt Calmac ScL)tti6h Gov•rnment- New 8uild All Weather Room Fund NatKsnal Lottery- All Weather RGVM 1818nd Canmunitth Fund- Solar paMIg WgKson Foundatbn- ¥olar panely IDT- TurtrA'n8 renovation CnES - Carbon Neutrnl Fund CBaB- Tu1n8 rerQvan Outer Hebrfdie3 Communty Led Local Devdopment C8AB- Spagan grant CNES- Crown Estate 2,938 18.9e6 890.536 93.999 11221 17C61 137.4671 13,95SI 2.816 16,260 855,773 90,330 2,704 93.995 2,014 13,9561 1851 286 90.325 1,935 15,347 132,554 16461 IS,S781 47 14,748 127,372 9,591 14011 142 9,332 19,1V2 100,404 23,289 18031 135,4171 19791 18,419 61,216 22.381 {3.7711 71 23.289 1,372 19791 1551 71 22.381 1,317 8,459 13451 8,114 14,520 114.5201 28,012 1,62e 28,012 1,826 3,075 810 3.075 810 8,681 10,000 11,000 8,681 10,000 11,000 1,448,465 118,2911 128.2881 4,037 1,405,923 TOTAL FUNDS 1,571,869 13.7711 139.5951 1.528,503 Page 16
G•radh a Bhagh a Tuath SCIO Note8 to the Finan¢L41 Statements. ¢onttnued fortho Y•ar Ended 30 Septsrnber 2024 MDVEMENT IN FUNDS- ¢ontinu•d A ajrrent year 12 months and prior year 12 mnths cDn*irted net moverrenl in fvnds, indud•d in the 8t are as kJllow#'. IKomlng resoureeg Resources expend¥J Movemènt in lund8 Unro•trfct•d fund• General fijnd DeswJnated fixed at fund Des¥nated New lId 140,311 1137,3471 111,6391 12,6321 111,8391 12,6321 140,311 1151,6181 111,3071 Ro8trSct•d Professional fees for new bulk Slaffing & adrnin Big Lottery Big Lottery- Bulk CNES- Caprtal HIE- Hlghland$ and likind6 Ent•ori$• CNES. ward HFNS- Highland8 and l$llgTrJ8 TTan8POrt Partner8hlp CNES- Leader Now Build- own contribution Western IBl•¥ Developrnent TN8t Energy Savlngg TrLMI Calrnae sttl¥h Gornm¢nt- Nth¥ Build Al Weather Room Fund Co-op Crynmunity Fund 11221 I27,0) 17061 137,4e71 13,9551 13,9561 1851 11221 27.000 17061 137,4671 13,9551 13,9581 1851 16461 15,5761 14011 18031 135,4171 19791 19791 1551 16461 15,5781 14011 18031 I.417) 19791 19791 1551 12,8381 13451 121,7881 I13.4} 14.6421 18,3741 115,9251 14,1S¥)I gtlonal Lottèry- AJI Weather Room Wottwn Foundatlon- lar pan818 UCVO-W•llneg8 Coordinator CnES-Wam Homes fund DT- Tu1n9 rgnovallon CnES- Cafben Neutral Fund CBaB- Turbin8 renoValn Outer Hebndle8 Comrnunity Led Lo1 velopment CBAB. SpagDn gT8nt CNES- Crown Estatè Voluntary AditJn- WILLS 13451 28.012 49.800 13.490 4,642 10,000 19,000 s.c0 1,828 3,075 810 8,858 10.000 11,000 2,10 8.681 10,000 11.Ots) 12.0001 163,626 1191,9141 128,2881 TOTAL FUNDS 304.437 1344,0321 139,5g51 Page 17
Garadh a Bha9h a Tuath SCIO Notos to the Flnaneial Stalements- continugd forthe Ytar End•d 30 September 2024 MOVEMENT IN FUNDS - contlnued Professional F8es for New Build Th88a luThJs are retsted capit81ised professional fees forthe rwi Ixjilding. Tse fiJTh13 are carried forwarrj as fixed a858t& Staffing & Admin These fvnds ts)mprise ol r85tricted fvnding forthe folk)b%ing polons wthin the arity. Ckne horbojttural tutor and an adrninBlrator funded by Lew¥ Cas08 Colkge. This project was ongoing at the year 8nd. T£0 funds are reBtrided caprtalised profes910nal f¢08 for the new I1J1n0 as provided by Ihe By Lottèry. These fuTras are carried forward as fixed a5sel$. BKJ Lottery 8iq Lottery- Bulld, CNES- Capital. HIE, CNES- Ward, HITRANS, CNES- Leader, New Biild- Own Centnbution, Wast•m1gle6 Developmtnl Fund. C8lma¢ Su)tts"6tt GoverrTrgnt- Build The8e funds aw restricted fvnds for th8 c4)n8tnJcllon olthe new building wa$ Ix)rrplgtsd In the ye8r. These funds are rrd fOard as fixod Energy Savings TruBt Theye fund8 8fe re8tnctgd c8pltdlsed costs ferthe letup and supply of electriryly lo tha new building the in¥lallalion ol an eLgth'c v8hide chBr98r. Thi8 project W8¥ Dn golng 81 the yoar•nd. Thi# pro5ectwa8 funded by C888 Spagan Comrnunlly Fund and Ca?tl•bay Community Council. The$8 regtricted funds w•re forthe $truth0n of an extenson wto the Arr Bothan bu1n9 for ¥n 011 weather room. These lund& aro )ed forward as fLx•d assets. I W•8ther Roorn Fund SCOttN Govemment- welln& CorKd5nator These furKl$ were restrithd to lund the po811ion of WellneB8 Cocrdin810r. These funds prOved by the Scotbsh Govèmment and w•r• lully exFend8d In the year. Nation•1 Lott•ry- AJI Weather These reBlrid&d lunds provided by the Lotsy Asplring Communllies Fund forthe tsjnstruction of an extension onto thè Am Bothan building for an all weather room. Thes¢ are carried foTward a6 fixed a618ts. Iiland Comrrunity Fund- Sdar Pw• weslricted fvnds provided by Inspinng Scd4nd ware for tha d)arily'8 prgiect'Rays of Hope'_ for the sUpY and irAlallation of roof Solar paneb to help pwr Ihts new building and e¢triC Vehic chafging point. These fvnd$ aro ¢4rrted forward as fixed a58et fiJnd8. Woifson Foundalon- Solar pgnels Tse restricted funds re provided by the Wolf50n Foundation for the installation ofsolar panel8. These funds gre carried forward as fLKed a$ts. T?e t9rthd funds re provided by the UBt Counal ofvolunlary Organisatn$ lo fund the potIOn ol the WÈlln•ss Coordinatgr. A propyjrti of these funds have been carried lOard to next year. UCVO. Welln•88 Coordin3tor WIOT- bJrtJine repairs These $tricted funds >Yovithd by the $taM IBleB Oevèloprnent Tru¥t arè for the n0Vation and repairof the charity's vAnd lurbine5. A proportffi or thgse funds have been earrwJ forward to next year. CnES- Carbon Nutral Fund Thèse restricted fund5 provKJ8d by CnES are for Ihe renovation and ryir of the charilyb wind lurtolnes. A proporbon of these funds have been carried forbvard to next year. CBaB- turbin8 r•pairs The50 rtsirided fund5 provided by Coimhearsnachd Barrh agu Bhatarsaidh ICBaBI a for the rèno¥alion and repair ofthe chanly's wild turbines. A proportion of bjnds have In carried forward to nextyear These resiThcted lund3 yovideé by the Ca3tlebay Community Counc41 were to surport the charity in prowding a free lunch for thewomen of the rnmunrty. These funds We fully èxpended In the year. Castlebsy Community Council- Womens, Day Page 18
Garadh a ehagh a Tuath SCIO Notes to the Financlal Ststèments- connued lorthe Year Endod 30 Septsmber 2024 13. MOVEMEiif IN FUND8- Gonnued OuterHebThlÈsCommunity Lej Devdopment The6e re8tcted funds Provid CnES Ere lor the new sFd bullt in the Yr. These fvndB gr• eamed foald as fixed a$881 funds. The88 a restrthd lunds provKled by Coimher8nachd Bharrahyh &Jus Bhatsrsavjh ICBaBI. These frjnds ¥r¢ carried loward to the follwThJ year. T are re¥tricted funth provid•d by CnES. These fund5 taffled forward to the f0lb5.1¥j year. CBaB- Span CnES- Crvlm Estate VABV- WILL These a r•slricled funds provided by Voluntary Action B$rra & Vaters8y tre used to fvnd ¢ommunty plantsr8 These fund$ %%ere fulty •xpended in the year. Trnn•fw¥ b•tsb•n fund Durlng tM year, £1,578 w98 transfwod frcffj era1 fun¢J lo d68ignatsd naw buikj furby. During the y•ar, £5,610 tran8f8rred from 98Mral fund to (l•signated 88Mts fund. 14. RELATEO PARTY DISCLOSURES Garadh Caf¥ Ltd a tr•Jlr$ ofth• charty, Durlng th• yaar. folththng tran3acon$ ocajrred.. Tke thafity charpd rènt totalling £7,CQO to the tradlng company. tharbty pald wages lolallng £4,261 on téhaff ofthe trgjirg COMnY, Th• chanty rerie¥ed £989 from th? lrnding cornp8ny. bglanc r•c•ivabl• from thts trading cornpany at the year and was £11,261 12023- £9891, Page 19
Gardh a Bhagh a Tuath SCIO Detailed Stament of FSnan¢lal Actlye6 forthe Year End•d 30 September 2024 3019124 3(23 INCOME AND ENDOWENTS Donatbons and hycl05 DOnatr Gift aid Sub8criptio 6,248 1,211 326 7.273 1,830 7,785 9,447 oth•r tradlng actlvitle• Rgnt CeNed EV ChargirrfJ Inco El8ctrioty incor 14,310 851 16,199 7,567 1,360 7,580 31,360 16,507 Chritabl• act11[•# Cafe inccfne Garden irthim Waps r•charge Grants 27.345 21,738 23,969 2,1fj0 61,051 103,075 87.180 152,158 TolAI Incomlng rn•ourc 126,325 178,112 EXPENDITURE Othertrdlng •GtJ¥lll•• Reprn & ren•518 28,489 Ch•rltabl• •¢UvW W8ges Socjal 8ecurty Pen6ion& Insuran¢¥ Luht 8NJ heat Telepho Postage and Btslbn•ry Adverbging Training RoP8irs & renewals Disclosurns Subscnplions & Lic•nces G8rden purtha Cafe purchases Res19 expenditure Prole59ion81 fees Travd eynses Catèring Freehokj property Depn ofAm Bolhan DÈpn olturbine Depn of equiprn•nt Depn of greenhouse Depn of offKg $qUipnI 30,379 239 747 3.014 11.480 1,YS 48,781 418 2,973 13,540 2,023 242 525 2,337 59 1,382 8,015 6,552 250 175 2,259 100 249 9,432 368 5,070 289 720 29.285 413 1,071 28.140 347 29,278 226 1,280 35.849 565 665 126.331 1,631 Thls page does notfom) part Oft1 ststutory finandal st8tamènts Page 20
Garadh a Bhagh 8 Tuath KIO D&tailed Statemnt of Flnanclal A¢tlvW•s lorthe Year End•d 30 septeMr 2024 3019124 Support costg MoMgem•nt Wages ons 7,898 18,771 7,898 19,157 Fin•n¢e Bank charges Loan Inter 140 138 GowrnanG• AntaneY f 3,418 4.830 T¢Jtal 8reS expend8d 1fj6,276 177,758 N•t 1•X1r•Y1ncornQ 139,9511 358 This page d$ not form part of the statOry finanaal statements Page 21