REGISTERED CHARITY NUMBER: SC045009
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2025
for
GRIMSAY COMMUNITY ASSOCIATION
Mann Judd Gordon Ltd Chartered Accountants
26 Lewis Street Stornoway Isle of Lewis HS1 2JF
GRIMSAY COMMUNITY ASSOCIATION
Contents of the Financial Statements for the Year Ended 31 December 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 13 |
| Detailed Statement of Financial Activities | 14 |
GRIMSAY COMMUNITY ASSOCIATION
Report of the Trustees for the Year Ended 31 December 2025
The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The main charitable purposes are:
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The advancement of citizenship and community development through the establishment and operation of the Grimsay Centre (Ceann na h-Airigh) in North Uist for the benefit of the local community and others;
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The advancement of the arts, heritage and culture in relation to local history of Grimsay and the Hebrides and the promotion of the Gaelic culture;
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The advancement of environmental improvement through the reduction of Grimsay's carbon footprint by the development of a local food and growing programme, and by the local provision of social and cultural events and lifeline services;
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The provision of the Grimsay Centre (Ceann na h-Airigh) as a facility where recreational activities can be carried out, with the purpose of improving the conditions of life for the persons within the local community for whom the activities are primarily intended;
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The advancement of education through instruction in music, the arts, food growing and the provision of other cultural and practical activities, and by creating and publishing booklets, catalogues, CDs and Web media in local culture, history and technology.
Page 1
GRIMSAY COMMUNITY ASSOCIATION
Report of the Trustees for the Year Ended 31 December 2025
ACHIEVEMENTS AND PERFORMANCE Charitable activities
2025 was a year of challenges but the organisation met these challenges. GCA operated without a permanent manager for most of the year.
Key successes during 2025 have been:
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Continuing to implement elements of the 2023-2027 5-year strategy.
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The continued success of the Scandinavian Bakery for the first 9 months of the year
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Delivering a varied and exciting programme of valued events and activities.
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The establishment of regular music sessions.
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Resurrecting an annual Grimsay Day celebrating the heritage of the Grimsay Boats
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Expansion of the shop with resultant increase in income
Management
Anne Wilson, Heritage Centre Manager, and Sara Stewart, Community Engagement Coordinator (CEC) provided management stability throughout the year. They were responsible for continuing to steer GCA through a period of significant challenges.
One of these challenges was continuing to provide a cafe services after the previous leaseholder terminated the café lease a year early. This was done successfully, evidenced by positive feedback from café users.
Community Programming
GCA undertook a wide range of activities in 2025, including art and craft workshops, dry stane dyking, a programme of popular talks, and exhibitions of work from local artists. Feedback continues to reflect the value these opportunities bring to our communities, as well as informing future activity programming. We continue to build on our strengths to develop our activity programming, with a focus on offering learning and skills development opportunities that are of interest and accessible to all in our communities. There has been increasing use of Gaelic in these programmes.
Services
The Grimsay Post Office has continued to provide essential community services.
The Scandinavian Bakery, which took over the café lease in September 2023 continued to provide a distinctive offering at Ceann na h-Àirigh. This in turn gives a good source of income to the Centre. However, the leaseholder left a year before the end of lease period. No suitable replacement leaseholder and therefore took the café service in-house from October 2025.
In addition, the shop selling goods produced by local traders continues to do expand with commission from the products providing another income stream.
Volunteers
GCA would not be nearly as successful as it is without the help, and input, of a large number of volunteers who give freely of their time. The work they carry out includes:
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Managing the Centre & polytunnel. As well as beds which are used by the community, a wide range of produce is grown and sold. The proceeds from these sells helps support the work of GCA.
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Organising and running fundraising events
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Assisting with curatorial tasks
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Providing building services which reduces the cost of engaging tradesmen.
Architectural services
GCA was awarded a grant from the Community Led Local Development fund to purchase architectural services for the planned extension to Ceann na h- Àirigh (Griomasaigh Còmhla (Grimsay Together). This work was carried out by Renshaw Architectural Services and Alan Ogg, QS. This completed This completed RIBA stage 4 of the project. We are now fundraising to move the project into RIBA stage 5.
Griomasaigh Còmhla is the culmination of a 25-year commitment by the island of Grimsay to its unique island vernacular boat building and fishing traditions. It links heritage, skills, community pride and public engagement, and consolidates all that has gone before, to future proof our boat museum - the only maritime museum in the Outer Hebrides.
Page 2
GRIMSAY COMMUNITY ASSOCIATION
Report of the Trustees for the Year Ended 31 December 2025
FINANCIAL REVIEW
Financial position
At the end of 2025 he financial position better than the previous year. A sizable donation from an anonymous benefactor to maintain staffing levels has meant that GCA can operate in a far better way, a way that comes from financial stability. These ring-fenced funds should give financial stability in the medium term.
The Trustees see this as an opportunity to develop income generation although in the longer term the position remains fragile. However, fundraising efforts will need to be maintained as GCA has an annual operating loss.
If successful in obtaining funding for the planned extension, income should increase considerably through an expanded café, a larger shop area and the opportunities that additional space will deliver for more, as well as larger, events. The extension is likely to be completed in 2028.
Reserves policy
The Trustees are grateful to CnES for their forbearance throughout the COVID pandemic and subsequent recovery, which has prevented repayment of loan funding. GCA is now negotiating with CnES a repayment schedule for the outstanding £20,000 loan and hope to reach a resolution soon.
FUTURE PLANS
Bids for grants to complete Griomasaigh Còmhla are currently being made, as well as a public appeal, to fund the project. There is tremendous support from the local Uist community and wider Grimsay diaspora, local and national politicians, Bord na Gàedhlig and other local heritage groups with whom GCA is formalizing partnership working. There are also initiatives to increase income from the shop by revamping the shop footprint as well as expanding the range and types of goods sold.
Events and activities have attracted large audiences over the past year with the community and visitors enjoying the monthly music sessions and Grimsay Folk and Live Music Club, heritage-based craft workshops, book sales, bingo and quiz nights and a very successful Pre-Loved Sale. There are plans to increase the number and type of community events GCA offers as these generate steady, regular income.
GCA intends applying for Museum Accreditation.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Grimsay Community Association is a Scottish Charitable Incorporated Organisation and the purposes and administration arrangements are set out in the constitution which was adopted on 21 July 2014.
Recruitment and appointment of new trustees
The Members of the Board, who are the trustees for the purposes of charity law, are appointed at the annual general meeting. At each annual general meeting at least one third of the board must retire, but those retiring are eligible for re-election.
Commencement of activities
Although the Grimsay Community Association began in 1999 as an unincorporated association, we converted to our present form - Scottish Charitable Incorporated Organisation - only in 2014 in order to take over the running of the new Grimsay centre at Ceann na h-Airigh. The previous unincorporated body (charity number SC032201) transferred its funds and assets to the new organisation (charity number SC045009) on 4 November 2014. This transfer included the building known as the old Free Church in Grimsay, purchased by the former charity for £120,000 during 2014.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
SC045009
Page 3
GRIMSAY COMMUNITY ASSOCIATION Report of the Ti'ustees for the Y¢ai' Ended 31 De¢cmbei' 2025 Prlnelpal addi'ess Ceaiiii li-Aii-ig]i Scotvein Grimsay Isle of North Uist Westcrn Isles HS6 5JA Trustees I Williainsoii Cliaii. and TYeasur¢r D M Macviear Secretary N G M Ingledew A MacKinnon D Maclure R J MacLean A fJancey R Sprati Indepethdent Exgmln¢r Mat)n Judd Gordon Lld Cliailered AccountaE)iS 26 Lewis Sireel Stomnway Isle of Lcwis HSI 2JF STATEMENT OF TRUSTEES, RESPONSIBILITIES Tlie tiustees ale i"e5P0115ible for pi'eparing the Report of the Trustees and the financial slateinei)ts iii accol'dance witb applicable law and United Kingdoin Accouliling Standards (United Kingdom Gen¢i'ally A¢ttpted A¢¢ounting Pi?ctice). Cliaiity law ttquire% the tnL8tees to prepare fjnancitl staiemellts for each finan¢ial year. Under tha¢ law, tlie Inree$ have eleeied 10 prepai'e Ilie financial statenients in accoiylance with United Kingdoni Generally Aecepied Accounting Practice {United Kingdoni AL¢oun¢ing Siandards and applicable lawl. Under chai'ity law tlit trllslees must not approve the financial 5tatement5 unl¢s5 they ale Satisfied tliat they gtve a true and faii. view of the state tsf affairs of the charity and of tlie incoming 017l¢S and application of resources, including the incojnc and cxpendithr< of the cliarity for thgt period. lrt pr¢pai'ing thosc flnancial stateinents, tljc trL]Stccs arc Irquii'ed to select suitable accounting poli¢ies aod then apply them consistently. obsve die niethods aiid principle5 jll the Chai"ities SORP. makejudgcments and estiiiiates that air reasonable and VTu4Jent. prepare tli¢ financial stateinenL8 on tlie going collcern basis unless it is inappropTiate io presume that the charity will continue irt business. The trustees are iESPOIJSLble for keeping propel. accounting re¢oi"ds wljicli disLlos¢ willi iEagonable accuracy al any tiine the fiDancial ptssition of the cliai'ily and lo enable iliem lo en5UTe thai the financial %iaietnenls COTnply witlj the ChaTities alld Tiuslee l*)ve5tinent (Stotland) A¢t 2005 and The Charities Accoiints (Scotland) RelIatIonS 2006 {a5 amendcd). Tliey Arc also irspon5ible lor safeguarding the 8ssets of tlie Chty and lience for taking reasonable steps for thc pi'evention and detection of fraud and o¢heT irregulAI'ities. Approved by order of tlie bTr8rd of trustees on 4 August 2026 and signed on its belialf by.. Williamson - Trustee Page 4
Independent Examiner's Report to the Trustees of Grimsay Community Association
I report on the accounts for the year ended 31 December 2025 set out on pages six to thirteen.
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's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 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 the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 seeking explanations from you as 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 examiner's statement
In connection with my examination, no matter has come to my attention :
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
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to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
A Cumming The Institute of Chartered Accountants of Scotland
Mann Judd Gordon Ltd Chartered Accountants 26 Lewis Street Stornoway Isle of Lewis HS1 2JF
4 August 2026
Page 5
GRIMSAY COMMUNITY ASSOCIATION
Statement of Financial Activities for the Year Ended 31 December 2025
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 25,744 Other trading activities 3 47,898 Total 73,642 EXPENDITURE ON Raising funds 13,311 Charitable activities Charitable activities 32,541 Total 45,852 NET INCOME 27,790 RECONCILIATION OF FUNDS Total funds brought forward (10,079) TOTAL FUNDS CARRIED FORWARD 17,711 |
Restricted funds £ 72,559 - 72,559 - 39,078 39,078 33,481 749,283 782,764 |
31.12.25 31.12.24 Total Total funds funds £ £ 98,303 70,321 47,898 38,445 146,201 108,766 13,311 8,497 71,619 48,312 84,930 56,809 61,271 51,957 739,204 687,247 800,475 739,204 |
|---|---|---|
The notes form part of these financial statements
Page 6
GRIMSAY COMMUNITY ASSOCIATior4 •IAn¢e Sheet 31 De¢ember 2025 31.12.25 Totsl 31.12.24 TolNI Unr¢siri¢i¢d funds Restricd fvnds Notes FIXED ASSETS Tangible ¢ts 751,806 751,806 722,313 CURRENT AETs C85h at bank 38.311 30.958 69269 37.491 CREDITORS Amoiinls fdllin8 due within one year {600) (600) {600) NET CURRENT ASSETS TOTAL ASSETS LFSS CURRENT LIABILITIES 37.711 781764 820.475 759204 CREDITORS Amoun1$ fo11in8 due 4ft¢T more thgn one y¢&r (20,0001 (20,000) 120,000) NET ASSETS 800 475 739 204 FUNDS Unrestricted fund$'. Gencral fund Re51ri¢l¢d fund$'. Revenue fund Capital fvnd 10 17.711 (10,079) 49,085 733 679 43,761 705 522 749 283 TOTAL FUNDS The fin&ncial statements wer¢ ¥pproved by the Board of TN$t¢¢$ and avthorised for is8ue on 4 August 2026 ond were Si8ned on its behalf by: N G M In8led¢w. Tntte The notw fi)nn pjrt of thu¢ fancIal stat¢m¢nt8 Pa8e 7
GRIMSAY COMMUNITY ASSOCIATION
Notes to the Financial Statements for the Year Ended 31 December 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention.
The presentation currency of the accounts is Pound sterling (£). The accounts are rounded to the nearest £1.
Financial reporting standard 102 - reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
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the requirements of Section 7 Statement of Cash Flows;
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the requirement of paragraph 3.17(d);
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the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
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the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A;
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the requirement of paragraph 33.7.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided Improvements to property - not provided
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
continued...
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GRIMSAY COMMUNITY ASSOCIATION
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
2. DONATIONS AND LEGACIES
| 2. | DONATIONS AND LEGACIES | ||
|---|---|---|---|
| 31.12.25 | 31.12.24 | ||
| £ | £ | ||
| Donations | 54,524 | 29,938 | |
| Gift aid | 6,000 | - | |
| Grants | 37,779 | 40,383 | |
| 98,303 | 70,321 | ||
| Grants received, included in the above, are as follows: | |||
| 31.12.25 | 31.12.24 | ||
| £ | £ | ||
| Comhaile nan Eilean Siar | 28,800 | - | |
| UCVO | 3,479 | 5,015 | |
| HIE | 3,000 | - | |
| Comm na Gaeldhig | - | 160 | |
| Williams Syson | - | 2,000 | |
| Pear Tree Trust | 2,500 | 2,500 | |
| Community Led Local Development (CLLD) | - | 21,108 | |
| The Crown Estate | - | 9,600 | |
| 37,779 | 40,383 | ||
| 3. | OTHER TRADING ACTIVITIES | ||
| 31.12.25 | 31.12.24 | ||
| £ | £ | ||
| Fundraising events | 3,695 | 4,533 | |
| Post Office | 5,125 | 4,625 | |
| Markets / Shop | 26,111 | 13,385 | |
| Food | 10,580 | 14,565 | |
| Hires | 1,896 | 1,030 | |
| Miscellaneous Income | 491 | 307 | |
| 47,898 | 38,445 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.
continued...
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GRIMSAY COMMUNITY ASSOCIATION
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
| 5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 10,876 Other trading activities 38,445 Total 49,321 EXPENDITURE ON Raising funds 8,497 Charitable activities Charitable activities 31,703 Total 40,200 NET INCOME 9,121 RECONCILIATION OF FUNDS Total funds brought forward (19,200) TOTAL FUNDS CARRIED FORWARD (10,079) 6. TANGIBLE FIXED ASSETS Improvements Freehold to Plant and property property machinery £ £ £ COST At 1 January 2025 259,000 460,097 3,216 Additions - 28,800 - At 31 December 2025 259,000 488,897 3,216 DEPRECIATION At 1 January 2025 - - - Charge for year - - 643 At 31 December 2025 - - 643 NET BOOK VALUE At 31 December 2025 259,000 488,897 2,573 At 31 December 2024 259,000 460,097 3,216 |
Restricted funds £ 59,445 - 59,445 - 16,609 16,609 42,836 706,447 749,283 Computer equipment £ 3,725 1,491 5,216 3,725 155 3,880 1,336 - |
Total funds £ 70,321 38,445 108,766 8,497 48,312 56,809 51,957 687,247 739,204 Totals £ 726,038 30,291 756,329 3,725 798 4,523 751,806 722,313 |
|---|---|---|
continued...
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GRIMSAY COMMUNITY ASSOCIATION
| Notes to the Financial Statements - continued | |||||
|---|---|---|---|---|---|
| for the Year Ended 31 December 2025 | |||||
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.12.25 | 31.12.24 | ||||
| £ | £ | ||||
| Other creditors | 600 | 600 | |||
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE | YEAR | |||
| 31.12.25 | 31.12.24 | ||||
| £ | £ | ||||
| Other creditors | 20,000 | 20,000 | |||
| 9. | LOANS | ||||
| An analysis of the maturity | of loans is given below: | ||||
| 31.12.25 | 31.12.24 | ||||
| £ | £ | ||||
| Amounts falling between one and two years: | |||||
| Other loans - 1-2 years | 20,000 | 20,000 | |||
| 10. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.1.25 | in funds |
31.12.25 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | (10,079) | 27,790 | 17,711 | ||
| Restricted funds | |||||
| Revenue fund | 43,761 | 5,324 | 49,085 | ||
| Capital fund | 705,522 | 28,157 | 733,679 | ||
| 749,283 | 33,481 | 782,764 | |||
| TOTAL FUNDS | 739,204 | 61,271 | 800,475 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources |
Movement | |||
| resources | expended |
in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 73,642 | (45,852) | 27,790 | ||
| Restricted funds | |||||
| Revenue fund | 43,759 | (38,435) | 5,324 | ||
| Capital fund | 28,800 | (643) | 28,157 | ||
| 72,559 | (39,078) | 33,481 | |||
| TOTAL FUNDS | 146,201 | (84,930) | 61,271 |
continued...
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GRIMSAY COMMUNITY ASSOCIATION
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Revenue fund Capital fund TOTAL FUNDS |
At 1.1.24 £ (19,200) 24,433 682,014 706,447 687,247 |
Net movement in funds £ 9,121 21,728 21,108 42,836 51,957 |
Transfers between funds £ - (2,400) 2,400 - - |
At 31.12.24 £ (10,079) 43,761 705,522 749,283 739,204 |
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Revenue fund Capital fund TOTAL FUNDS |
Incoming resources £ 49,321 38,337 21,108 59,445 108,766 |
Resources Movement expended in funds £ £ (40,200) 9,121 (16,609) 21,728 - 21,108 (16,609) 42,836 (56,809) 51,957 |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Revenue fund Capital fund TOTAL FUNDS |
At 1.1.24 £ (19,200) 24,433 682,014 706,447 687,247 |
Net movement in funds £ 36,911 27,052 49,265 76,317 113,228 |
Transfers between funds £ - (2,400) 2,400 - - |
At 31.12.25 £ 17,711 49,085 733,679 782,764 800,475 |
|---|---|---|---|---|
continued...
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GRIMSAY COMMUNITY ASSOCIATION
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Revenue fund Capital fund TOTAL FUNDS |
Incoming resources £ 122,963 82,096 49,908 132,004 254,967 |
Resources Movement expended in funds £ £ (86,052) 36,911 (55,044) 27,052 (643) 49,265 (55,687) 76,317 (141,739) 113,228 |
|---|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2025.
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GRIMSAY COMMUNITY ASSOCIATION
| Detailed Statement of Financial Activities | Detailed Statement of Financial Activities | |||
|---|---|---|---|---|
| for the Year Ended 31 December 2025 | ||||
| 31.12.25 | 31.12.24 | |||
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies | ||||
| Donations | 16,244 | 38,280 | 54,524 | 29,938 |
| Gift aid | 6,000 | - | 6,000 | - |
| Grants | 3,500 | 34,279 | 37,779 | 40,383 |
| 25,744 | 72,559 | 98,303 | 70,321 | |
| Other trading activities | ||||
| Fundraising events | 3,695 | - | 3,695 | 4,533 |
| Post Office | 5,125 | - | 5,125 | 4,625 |
| Markets / Shop | 26,111 | - | 26,111 | 13,385 |
| Food | 10,580 | - | 10,580 | 14,565 |
| Hires | 1,896 | - | 1,896 | 1,030 |
| Miscellaneous Income | 491 | - | 491 | 307 |
| 47,898 | - | 47,898 | 38,445 | |
| Total incoming resources | 73,642 | 72,559 | 146,201 | 108,766 |
| EXPENDITURE | ||||
| Raising donations and legacies | ||||
| Payments to traders | 13,311 | - | 13,311 | 8,497 |
| Charitable activities | ||||
| Insurance | 1,870 | - | 1,870 | 1,670 |
| Utilities | 5,302 | - | 5,302 | 5,164 |
| Telephone & I.T. | 4,065 | - | 4,065 | 2,183 |
| PR and Postage | 231 | - | 231 | - |
| Miscellaneous | 799 | - | 799 | 547 |
| Supplies and Equipment | 7,933 | - | 7,933 | 913 |
| Food | - | - | - | 455 |
| Programme Officers | 10,349 | 38,280 | 48,629 | 34,373 |
| Computer equipment | - | - | - | 508 |
| Repairs and renewals | 1,032 | - | 1,032 | 680 |
| Depreciation - equipment | - | 643 | 643 | - |
| Depreciation - computers | - | 155 | 155 | 931 |
| 31,581 | 39,078 | 70,659 | 47,424 | |
| Support costs | ||||
| Governance costs | ||||
| Accountancy and legal fees | 960 | - | 960 | 888 |
| Total resources expended | 45,852 | 39,078 | 84,930 | 56,809 |
| Net income/(expenditure) | 27,790 | 33,481 | 61,271 | 51,957 |
This page does not form part of the statutory financial statements
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