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Office of the Scottish Charity Regulator
Other Charity name Peffery Way Association names charity is anand Registered charitynumber § $C046138 Charity’s principal address Keppoch House . .
Strathpeffer
oT Postcode IV14 9AD
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## Names of the charity trustees on date of approval of Trustees’ Annual Report
|
|
Trustee mame Office (if any) Alen ORT ee eee ? ‘(or body) ent2d t0 . 1 Miles Davis Se ee _ appoint trustee (if any) 2 ‘lan Searle a ‘Treasurer ) | SO | | ; Yelena Hickey r Rann + gece 7 : 4 [Nessa Findlay a T : _ i _ : 5 RonMcAulay = ——S—S*«
/Aspaget
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/Aspaget . a OB a Structure, governance and management : oe Type of governing document a | The Peffery Way Association is governed by its constitution which was . adopted on 12 October 2015. The Association was granted charitable status by OSCR on 16 November 2015. Trustes recruitment and appointment (0 The current 7 Trustees form the Management Committee which meets on an approximately monthly basis. Membership of the management committee is open to all members and elections are held at the annual _ meeting, as per.the Constitution. ‘Objectives and activities : 4 Charitable purposes i ' The primary purpose of the Association is to establish and maintain a safe - and publicly accessible footpath and cycleway between Strathpeffer and ' Dingwall. The route of this path will generally follow the line of the old _ disused railway over its western section and will run parallel with the operational railway over its eastern section. The Association plans to ° _ raise funds and encourage the involvement of the local communities at either end of the route and along its length, to help clear the route, build | _ the path and thereafter maintain it. Staninany Orne WeineceaES ne nL ie enn in relation to these objects ._ TheresolutionPWA ofcarriedthe accessout noissuemajorover construction the final sectionwork duringof the2025path.as we await In February 2025, The Highland Council issued a Path Order, under the Land Reform (Scotland) Act 2003, for this section. in August a DPEA . Reporter visited the location and then issued a recommendation to Scottish Ministers. As of end November we await their determination of the case. :
;
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‘Objectives and activities
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2
APPENDIX 1
## Achievements and performance
|Summary ofthemainachievements of|.|
|---|---|
|thecharityduringthefinancial period||p January 2025 we received the final £3,676 of our SRDP grant for
construction carried out in 2024. During the course of2025we continued
to receive a number ofsmallerdonations.|
||Our total for the year from all fundraising, donations and grants came to
£4,673|
||We heldourAnnual Members Meeting on 2"? September2025.|
|Financial review||
|Briefstatementofthe charity’s policy
on reserves|Some of the funding we have received is for Specific purposes. These
funds are identified andtracked as restrictedfunds in the accounts. Atthe
end of the latest accounting
period
all
restricted funds have been
expended and all currentfunds are held in the general account.|
|Details ofany deficit|)|
||None|
|Donated facilities and services (ifany)|—|
||None|
||3|
## APPENDIX 1
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Other optional information oS - . oe —
Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(sy —sts—‘“—s REO |
x
Fullnanetg [PO] ee
Ronald William McAulay lan Robert Searle
Position (e.g. Chair)"
Chairman Treasurer
Nate en ©eee
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A
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Office [of][ the][ Scottish][ Charity] Oscr [ Reguiator] | ~+=|P@ffery Way Association $C046138
Receipts and payments accounts
For ‘ Ee er
thefr" period | {"5ayTL [vans] JL [vex] [tolcey] JL [wots] |ven
Section A Statement of receipts and payments
Unrestricted Restricted — Permanent Total funds Total funds last
funds funds encowmenfunds encewmenfunds current period period
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
Ai Receipts
Donations 8B. | [se] |{_ [3.00]
ee eel, |
3,677 3,677 13,750
Receipts es |ee
IGrosstrading from fundraising activities | 81 | [tT][ tts] |
income receipts | Ci |
and buildings
land from investments other than oe PF
Rents from land & buildings | a |
activities
ross receipts from other charitable eer iy o |
A1 Sub total 4,673 4,673 16,956
A2 Receipts from asset &
investment sales
Proceeds from sale of fixed assets fF
Proceeds from sale of investments |
A2 Sub total|____-|
A3 Payments
favestPayme n entts relatingmanagementcossdirectly to charitable a |
activitie 3,170 3,170 19,896
Loan repayments | eee |
rents and donations es |
Sovemanceeastss ae |
a ee
A3 Sub total 3,170 3,170 19,896
A4 Payments relating to asset and
investment movements
assets
[Purchases oftxed
ofivesimenis
Purchase —|
Ad Sub toral|_____—_
Net receipts
/ (payments) [es eee)
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APPENDIX 2
Peffery Way Associationer $C046138
Section B Statement of balances
vereoucred. Restricted funds Expendableendowment endowmentPermanent Tot nite aes
Bi to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
Cash funds Cash and bank balances at start of year 18,026 18,026 20,966
Surplus/ (deficit) shown on receipts and
Payments account
year
Cash and bank balances at end of | 19,529) | 19,529 18,026
(Agree balances with receipts and payments
account(s))
Details. Fund to which asset belongs Market valuation Last year
-_ to nearest £ to nearest £
—
Total
Details Fund to which asset belongs Cost (if available) Current valueavailable) (if Last year
- to nearest £ to nearest £ to nearest £
=
Total
Detaiis Fund to which liability relates Amount due Last year
a to nearest £ to nearest £
—
Total
Details Fund to which llabllity relates archon Last year
ee to nearest £ to nearest £
—
Total
Signed by one or two trustees
on behalf of ail the trustees ignature __....--- Print Name Date of
Qo approva I
Chairman Ron W McAula wy » bey
XZLe} __ ehh
LN ELK /20
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APPENDIX 2
Peffery Way Associationage
$C046138
## Section C Notes to the Accounts
C1 Nature and purpose of funds (may be stated on analysis of funds worksheets) - Type" of activity— or project. supported Individualinstitution/ grantsNumber made of £ ——= Total C3a Trustee remuneration If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross this box (otherwise complete section 3b) Authority under which paid & C3b Trustee remuneration - details C4a Trustee expenses If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b) Number of £ aSS=——trustees Transaction Balance C5 Transactions with trustees Nature of relationship. . Nature of transaction amount (£) outstandingi at and connected persons _ oO
APPENDIX 2
$C046138
## Peffery Way Association
## Additional analysis (1)
Analysis of receipts and payments
## 1 Donations
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‘ Expendable Permanent
nvesticted Restricted funds. endowmentfunds endowmentfunds ‘falP current ‘eetP
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
SumSignificant individual personal donations ; ;|
of mise smaller donations | [636] |
2 Grants
Unrestricted F Total current Total last
funds Restricted funds period period
to nearest £ to nearest £ to nearest £ to nearest £
SRDP IPA payment 3,677 3,677 | sd
Tota aay, [3677| [73,750]
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3 Gross receipts from other charitable activities
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“aaricted Restricted funds Expendableendowment endowmentPermanent Lica Total last
to nearest £ to nearest £ to fundsnearest £ to nearestfunds £ to nearestPi £ to pnearest £
a] [at] [5]
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4 Payments relating directly to charitable activities
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voresae Restricted funds Expendableendowment endowmentPermanent acer ene
funds funds P p
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
insurancePlanning CidUCEC“CN##N$N’N QQ [34a]
Materials & Access Agreements | |
& Construction | ss,a28 | ar) 17,477
Admin/Promotion | 2 | |22} |
Website —“‘;é‘“S;™*é*drCYLSCiti‘“‘(‘CSCC#SARQ*dS a) 100
Total 3,170 3,170 19,896)
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APPENDIX2
$C046138
## Peffery Way Association
## Additional analysis (2)
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;
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5S Breakdown of unrestricted funds
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||||||||
|---|---|---|---|---|---|---|
|Total|Total|
|General|Fund|unrestricted|unrestricted|
|funds|funds|last|
|Receipts|period|
|[||686|||||[36]]|[[8.098]|||
|GrantsBank|Cd|3677 |||[44,200]|||
|Interest|||
|Receipts from fundraising|activities|||CH|;|SH ||115 ||
|||a ||
|[||a eee|
|Sub|—|eT ||
|total|4,673|4,673|14,406|
|Receipts|from|asset &|investment sales|
|Proceeds from|sale|of fixed|assets|
|Proceeds|from|sale|of|investments|
|Sub|total|
|Pavmen|
|Expenses|for fundraising|activities|fe]|a ||
|Gross trading payments|P||a |eee|
|Payments|||a ||
|relating|directly to charitable activities|3,170|3,170|17,346|
|Yd|||
|Audit|es ||
|/|independent examination]|[=|||
|Preparationof annual accounts} {||a eee|
|NN|-|a ||
|re|a |ee|
|Sub||||Ce|
|total|3,170|17,346|
|Payments|relating|to|asset and|investment|
|movements|
|Sub|total|
|Total payments|a EE) EE)|7|
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Nature and purpose of funds
General Fund - unrestricted funds for charitable purpose
APPENDIX 2
$C046138
## Peffery Way Association
Additional analysis (3) 6 Breakdown of restricted funds
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Total restricted Total restricted
funds funds fast
period
Receipts
Legacies a eee
C“‘~*~*~C~*Y a |
Cash flow loans a
Receipts from fundraising activities | | |
Gross trading receipts || |
buildings
Income from investments other than land and | P|
Rents from land & buildings a
Gross receipts from other charitable activities | ti ; sd
Sub total RRO |
Receipts from asset & investment sales
Proceeds from sale of fixed assets
Proceeds from sale of investments
Sub total
Payments
Expenses for fundraising activities a |
Gross trading payments a ee
Investment management costs a
PaymentsLoan relating directly to charitable activities ||550 |
repayments a |
Grants and donations a
Audit / independent examination el |
Preparation of annual accounts a
Legal costs | |
Payments relating to asset and investmentSub total eS |ey
movements
Purchases of fixed assets
Purchase of investments
Sub total
Totlpeyments [iams) (|P| eg) ey ESS)
Net receipts /(peyments) [EE (ne) Le(| Lyey
Transfers to (from) funds EEE] Ge) Ee | Pe
Supls (dete) tor yer [ETE (| PR)Ee] EE] ER)
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## Nature and purpose of funds
No restricted funds remaining at year end.
## APPENDIX 3
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Scottish Charity Regulator
Report to the Charity__Independentname examiner’s report on the accounts
trustees/members of Peffery Way Association_.
Registered charity r a |
number SC046138
On the accounts of the Period start date Period end date
charity for the period Day Month _ Year _
to _Days Month Year
Set 1s December 2024 30th November _ 2025
out on pages | (remember to include the page
| numbers of additional sheets)
Respective The charity’s trustees are responsible for the preparation of the accounts in accordance
responsibilities of with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
trustees and examiner Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees
consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations
does not apply. It is my responsibility to examine the accounts as required under section
Basis 44(1) (c) of the Act and to state whether particular matters have come to my attention.
of independent My examination is carried out in accordance with Regulation 11 of the 2006 Accounts
examiner's statement Regulations. An examination includes a review of the accounting records kept by the
charity and a comparison of the accounts presented with those records. It also includes
consideration of any unusual items or disclosures in the accounts and seeks
explanations from the trustees concerning any such matters. The procedures undertaken
do not provide all the evidence that would be required in an audit and, consequently, | do
Independent not express an audit opinion on the view given by the accounts.
examiner’s {In the course of my examination, no matter has come to my attention fotherthan-that
statement disclosed-on-the-attached-_page*|
1. which gives me reasonable cause to believe that in any material respect the
requirements:
* to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations, and
* to prepare accounts which accord with the accounting records and comply with
Regulation 9 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
understan f thegaccounts to be reached.
Signed: ;
Name: Alasdair R Lawton Date OG Mayeh 2026
Relevant professional ber @ 64
qualification(s) or body | cA EW Mew Nv 77 6 IS
(if any):
Address: 2 Ardival East
Strathpeffer
IV14 9DY
following*Please deletepaae. the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the
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## APPENDIX 3
Only complete if the examiner needs to highlight material problems.
Give here brief details of SST er any items that the | j examinerwishesdisclose to |— NN iA4