**REGISTERED CHARITY NUMBER: SC046771** 

## **Report of the Trustees and** 

**Financial Statements for the Year Ended 30 April 2024** 

## **for** 

## **POINT & SANDWICK COASTAL COMMUNITY PATH (SCIO)** 

Mann Judd Gordon Ltd Chartered Accountants 26 Lewis Street Stornoway Isle of Lewis HS1 2JF 



**POINT & SANDWICK COASTAL COMMUNITY PATH (SCIO)** 

## **Contents of the Financial Statements for the Year Ended 30 April 2024** 

||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7 to 8|
|**Notes to the Financial Statements**|9 to 14|
|**Detailed Statement of Financial Activities**|15|





**POINT & SANDWICK COASTAL COMMUNITY PATH (SCIO)** 

## **Report of the Trustees for the Year Ended 30 April 2024** 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2024. 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). 

The Trustees are pleased to present their annual report together with the financial statements of the charity for the year ended 30th April 2022. The financial statements of the charity comply with Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Companies Act 2006. 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 to the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

The objects of the charity are: 

The promotion and development of a coastal community path linking together the historical and crofting communities of Point and Sandwick, particularly improving access around the peninsula for walkers and others to better appreciate, use enjoy and understand the natural environment, flora and fauna of the area and the surrounding marine margins. 

The promotion of the health and wellbeing, recreation, social history and culture including place names (Gaelic, English and Norse) and of sites of special significance in the above area. 

The advancement of education and of citizenship through rural development and the promotion of volunteering or other opportunities which combat poverty or ill health arising therefrom. 

In furtherance of the foregoing purposes, the organisation will participate in any partnerships or joint venture which supports any of the above in or around the wider Point and Sandwick Community. 

Page 1 



**POINT & SANDWICK COASTAL COMMUNITY PATH (SCIO)** 

## **Report of the Trustees for the Year Ended 30 April 2024** 

## **OBJECTIVES AND ACTIVITIES** 

## **Significant activities** 

A substantial part of work over the period was progressing the Aird, Upper Aird to Sheshader path ,due to be completed by end of November 2024. This included a replacement bridge at the boundary between grazings. The route follows the walk children used to take to attend Aird School. The committee are grateful to Point and Sandwick Trust for the funding to make this happen and to Paths for All ( Ian Findlay Path Fund) for their £100,000 grant towards this Project. 

A further grant was approved by the above funders to improve pedestrian and bicycle access between Melbost and Aiginish, for which planning consent was sought. Unfortunately this was subject to planning delays which effectively timed-out moving this forward in the medium term.. A proposed innovation, was to use a matrix, through which grass would grow, which would preserve grazing for sheep. 

Time was spent on finding an alternative proposition and has been proposed to funders. 

The route from Sheshader to "Black Sandy" headland received planning consent and will be progressed as other approved funding becomes available. 

Further path proposals in the pipeline for development includes Steinish to Sandwickhill. 

The developments above add significantly to the progress made since the charity was founded in 2016, which includes, o Section past Ui Church which strengthened the coastal defence work 

o Shuilishader Steps 

o Shuilishader to Flesherin link path 

o Floating paths to Wyre Lawwreck remains and near a Neolithic chambered cairn 

o Steinish path in collaboration with Mossend Residents Association 

o Sandwick to the junction of the iolaire monument 

o Improvements to parking near iolaire monument 

o A bench programme using recycled plastic benches 

In 2023 an e-bike coordinator was employed part time to manage the e-bike pool which along with a volunteer in North Street, Sandwick, manages the pool of e-bikes on loan to residents of the area. Currently, the bikes in Point are available at PST office, Aros an Rubha. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is a Scottish Charitable Incorporated Organisation (SCIO) and is governed by a Constitution. 

Page 2 



**POINT & SANDWICK COASTAL COMMUNITY PATH (SCIO)** 

## **Report of the Trustees for the Year Ended 30 April 2024** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Recruitment and appointment of new trustees** 

The Board may at any time appoint any person to be a charity trustee - by way of a resolution passed by majority vote at a board meeting. 

The maximum number of charity trustees is 15, the minimum number is 3. 

At the conclusion of the first AGM, one third (to the nearest round number) of the charity trustees shall retire from office; the question of which of whom is to retire shall be determined by some random method. 

At the conclusion of each subsequent AGM any charity trustees appointed during the period since the preceding AGM (but excluding those re-appointed under clause 22 during that period) shall retire from office. Out of the remaining charity trustees, one third (to the nearest round number) will retire from office. Those to retire shall be those who have been longest in office since they were last appointed or re-appointed. 

Those retiring under the above provisions shall be eligible for re-appointment under clause 18 at the next board meeting. Those vacating office at the conclusion of an AGM will be deemed to have been re-elected at the board meeting which next follows unless, they advise the board that they no longer wish to be re-appointed or a resolution for the re-appointment of the trustee was put to the board meeting and was not carried. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Registered Company number** 

(Scotland) 

## **Registered Charity number** 

SC046771 

## **Registered office** 

c/o The Old School Knock Point Isle of Lewis 

## **Trustees** 


Mann Judd Gordon Ltd Chartered Accountants 26 Lewis Street Stornoway Isle of Lewis HS1 2JF 

Page 3 



**POINT & SANDWICK COASTAL COMMUNITY PATH (SCIO)** 

## **Report of the Trustees for the Year Ended 30 April 2024** 

## **COMMENCEMENT OF ACTIVITIES** 

Point and Sandwick Coastal Community Path was recognised as a Scottish Charitable Incorporated Organisation (SCIO) by the Office of the Scottish Charity Regulator (OSCR) with effect from 5 August 2016. 

Approved by order of the board of trustees on 15 January 2025 and signed on its behalf by: 


Page 4 



## **Independent Examiner's Report to the Trustees of Point & Sandwick Coastal Community Path (SCIO)** 

I report on the accounts for the year ended 30 April 2024 set out on pages six to fourteen. 

## **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 

- 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 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. 


Mann Judd Gordon Ltd Chartered Accountants 26 Lewis Street Stornoway Isle of Lewis HS1 2JF 

15 January 2025 

Page 5 



POI￿[ & ￿TI￿]cKc0AsTAL CONLMLThTfY PATH
(scio)
St#t¢mtDi ofFln•ll¢hl A¢thdrfes
ror ihe Ye*r Ended 30 Aprfl 2024
30.4.24
30.4.23
Totsl
UnTestri¢*d Restiicted
fimds
Notes
INCOL%￿ Eh])OWMEi%TS FROM
DonatioJJsatLd le8acA
8.901
51.895
6&).796
48.362
EXPENDrfLTRE ON
IL4isuig fiuids
252
Cliaritable
26.957
32.9)1
43,831
Total
27.143
33.087
44,083
ET INCOME
2.957
24.752
27.709
4.279
RECONCILIATIOI% OF FtTh
T￿al fiumls brouBht forward
40.822
40.822
36.543
TOTAL FLTNDS CARRIED FORWARD
2.957
65.574
68.531
40.822
Thellotts forttlpart of these filla￿la1 statements
Pdge 6

POI￿[ & ￿TI￿]cKc0AsTAL CONLMLThTfY PATH
(scio)
Balanfe Sheel
30 April 2024
30.4.24
Total
30.4.23
Totsl
ihuestyicl￿ R¢%tri¢t&l
Notes
FIXTD ASSETS
T￿￿blle &wts
23.701
23.701
34.375
ciJRRE￿T ￿SETs
Cadi ai bank
2.957
42.144
45.101
6.447
CREDrroRS
l￿wItS. falling due within oneyear
(271)
{271)
T CURRENT ASSETS
2.957
41.873
44.830
6,447
TOTAL ASSETS LESS CLWIENt
L￿￿1￿Es
2.957
65.574
68.531
40.822
T ASSETS
2.957
40.822
FUNDS
un￿s￿leTed fimds
Restii¢ied fim&
2.957
65.574
40.822
TOTAL FLhl)S
68.531
40.822
The charilable conjpany is entitled to exe￿phOn from audit under Section 477 of the Conwanies Act 20(￿ for the year ended
30 April 2024.
The Me￿berS hal'e not requred tbe cowy lo an audii of its fiDallcial ststeJneDts for the year ended 30 April 2024
ill accord￿lce M'ith Section 476 of ihe Con¥aDies Aci 2(M)6.
(a)
eJisiiritL8 that the chan"lable COllWDy keeps a¢¢othiliD8 records thai coxupfy with Se¢iioll5 386 atld 387 of the
con1pa￿lle$ Act ?006 alld
prepatin8 fllwicial State￿¢[Lts whi¢h sii"e a tsue I￿A fair iiew of the stste of affai￿ of the ch￿itable co[￿allY as at
the end of each finan¢ial year and of it5 SU￿1￿ or defi¢ii for ea¢h fu]on¢ial year in ac¢ordance with ihe r¢qIJiran￿its
of S¢¢tion$ 394 ond 395 and whi¢h oth¢rn'ise comply uith the ￿qUire￿nents of the Conwanies A¢t 2006 r¢latin8 10
rllian¢ial statement$. $0 far as applicabl¢ lo the charitable ¢omp8ny.
(b)
The fjnallcial staten]ents were approied by the Board of Tn￿tee$ and aujhorised fff issue on 15 Jalluary 2025 and were
sis￿ed on its behalf by:
Thellotts forttlpart of these filla￿la1 statements
Page 7

**POINT & SANDWICK COASTAL COMMUNITY PATH (SCIO)** 

**Balance Sheet - continued 30 April 2024** 


The notes form part of these financial statements 

Page 8 



**POINT & SANDWICK COASTAL COMMUNITY PATH (SCIO)** 

## **Notes to the Financial Statements for the Year Ended 30 April 2024** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

The presentation currency of the accounts is the Pound Sterling (£). 

The accounts are rounded to the nearest £1. 

## **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. 

- Fixtures and fittings 20% depreciation on cost Motor vehicles - 25% depreciation on cost 

## **Taxation** 

The charity is exempt from corporation 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. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

continued... 

Page 9 



POI￿[ & ￿TI￿]cKc0AsTAL CONLMLThTfY PATH
(scio)
l%olts io tbeFkn*D¢l*l St*¢*me￿tS- ¢Oll¢knued
ror Y+*r Ended 30 Aprll 2024
DONAllOliS Ahl) LEGAaES
30.4.24
30.4.23
.645
151
48.362
.796
48,362
Granis re¢eii'ed. included in the akni'e. are as follows..
30.4.24
30.4.23
Poult and SaTidwick Tn￿t
Ener8y Sai'in8s TnRsi
JnspiriJ18 S￿tIa￿a
48.3
18.750
41.895
60.645
48.362
T IliCOmE1￿ ￿E￿DTruRE)
Nei income1(ex￿bj1turt) is $tsttd after¢lkw81(cftdititi8)'.
30.4.24
30.4.23
10.674
5.071
TRUSTEES, REMLThERATION AND BEI%EFrts
Ttiere were no trustees, reJlluDeralioD or othu bellefits for the year eDded 30 Apnl 2024 Dor for the year elided
30 A￿71 2023.
Thejt w*t no tntstees, eX￿￿t5paId fortheyear ended 30 Apnl 2024 forthe Y￿ tjmkd 30 A￿11 2023.
Page 10

**POINT & SANDWICK COASTAL COMMUNITY PATH (SCIO)** 

## **Notes to the Financial Statements - continued for the Year Ended 30 April 2024** 

## **5. STAFF COSTS** 

The average monthly number of employees during the year was as follows: 

|30.4.24<br>Ebikes<br>1<br>No employees received emoluments in excess of £60,000.<br>**6.**<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>Unrestricted<br>Restricted<br>Total<br>funds<br>funds<br>funds<br>£<br>£<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>-<br>48,362<br>48,362<br>**EXPENDITURE ON**<br>Raising funds<br>-<br>252<br>252<br>**Charitable activities**<br>Charitable<br>-<br>43,831<br>43,831<br>**Total**<br>-<br>44,083<br>44,083<br>**NET INCOME**<br>-<br>4,279<br>4,279<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>-<br>36,543<br>36,543<br>**TOTAL FUNDS CARRIED FORWARD**<br>-<br>40,822<br>40,822<br>30.4.23<br>-|30.4.24<br>Ebikes<br>1<br>No employees received emoluments in excess of £60,000.<br>**6.**<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>Unrestricted<br>Restricted<br>Total<br>funds<br>funds<br>funds<br>£<br>£<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>-<br>48,362<br>48,362<br>**EXPENDITURE ON**<br>Raising funds<br>-<br>252<br>252<br>**Charitable activities**<br>Charitable<br>-<br>43,831<br>43,831<br>**Total**<br>-<br>44,083<br>44,083<br>**NET INCOME**<br>-<br>4,279<br>4,279<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>-<br>36,543<br>36,543<br>**TOTAL FUNDS CARRIED FORWARD**<br>-<br>40,822<br>40,822<br>30.4.23<br>-|30.4.24<br>Ebikes<br>1<br>No employees received emoluments in excess of £60,000.<br>**6.**<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>Unrestricted<br>Restricted<br>Total<br>funds<br>funds<br>funds<br>£<br>£<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>-<br>48,362<br>48,362<br>**EXPENDITURE ON**<br>Raising funds<br>-<br>252<br>252<br>**Charitable activities**<br>Charitable<br>-<br>43,831<br>43,831<br>**Total**<br>-<br>44,083<br>44,083<br>**NET INCOME**<br>-<br>4,279<br>4,279<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>-<br>36,543<br>36,543<br>**TOTAL FUNDS CARRIED FORWARD**<br>-<br>40,822<br>40,822<br>30.4.23<br>-|
|---|---|---|
||||
|||252<br>43,831|
|||44,083|
|||4,279<br>36,543|
|||40,822|



continued... 

Page 11 



POI￿[ & ￿TI￿]cKc0AsTAL CONLMLThTfY PATH
(scio)
l%olts io tbeFkn*D¢l*l St*¢*me￿tS- ¢Oll¢knued
ror Y+*r Ended 30 Aprll 2024
Motor
i"ekn'cles
fittin8S
Totals
COST
Ai l May 2023 and 30 April 2024
1.751
41.296
43.047
DEPRECIATION
Ai l May 20?3
CIw8e foryeaT
350
350
8.322
10.324
8,672
10.674
At 30Awil 2024
7W
18.646
19.346
ET BOOK VALUE
At 30 AWLI ?024
1.051
22.650
23.701
At 30 A￿1 2023
32.974
34.375
CREDITORS: AMOITh FALLThG DLT WITlllN YEAR
30.4.24
30.4.23
271
MoVE1￿E11T IN FLI%I)S
Net
At
30.4.24
At 1.5.23
IDre5trtcted tUDds
2.957
2.957
Restrkted fthllds
Coastal Path
E B&e5
2.405
38.417
9.353
15.399
11.758
53.816
40.822
24.752
65.574
TOTAL FETh￿S
40.822
27.709
68.-531
Page 12

**POINT & SANDWICK COASTAL COMMUNITY PATH (SCIO)** 

## **Notes to the Financial Statements - continued for the Year Ended 30 April 2024** 

## **9. MOVEMENT IN FUNDS - continued** 

Net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|8,901|(5,944 )|2,957|
|**Restricted funds**||||
|Coastal Path|14,000|(4,647 )|9,353|
|E Bikes|37,895|(22,496 )|15,399|
||51,895|(27,143 )|24,752|
|**TOTAL FUNDS**|60,796|(33,087 )|27,709|
|**Comparatives for movement in funds**||||
|||Net||
|||movement|At|
||At 1.5.22|in funds|30.4.23|
||£|£|£|
|**Restricted funds**||||
|Coastal Path|20,009|(17,604 )|2,405|
|E Bikes|16,534|21,883|38,417|
||36,543|4,279|40,822|
|**TOTAL FUNDS**|36,543|4,279|40,822|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Restricted funds**||||
|Coastal Path|21,407|(39,011 )|(17,604 )|
|E Bikes|26,955|(5,072 )|21,883|
||48,362|(44,083 )|4,279|
|**TOTAL FUNDS**|48,362|(44,083 )|4,279|



continued... 

Page 13 



**POINT & SANDWICK COASTAL COMMUNITY PATH (SCIO)** 

## **Notes to the Financial Statements - continued for the Year Ended 30 April 2024** 

## **9. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined position is as follows: 

|||Net||
|---|---|---|---|
|||movement|At|
||At 1.5.22|in funds|30.4.24|
||£|£|£|
|**Unrestricted funds**||||
|General fund|-|2,957|2,957|
|**Restricted funds**||||
|Coastal Path|20,009|(8,251 )|11,758|
|E Bikes|16,534|37,282|53,816|
||36,543|29,031|65,574|
|**TOTAL FUNDS**|36,543|31,988|68,531|



A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|8,901|(5,944 )|2,957|
|**Restricted funds**||||
|Coastal Path|35,407|(43,658 )|(8,251 )|
|E Bikes|64,850|(27,568 )|37,282|
||100,257|(71,226 )|29,031|
|**TOTAL FUNDS**|109,158|(77,170 )|31,988|



## **10. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 30 April 2024. 

Page 14 



POI￿[ & ￿TI￿]cKc0AsTAL CONLMLThTfY PATH
(scio)
Det4iled Sialerneut ofFm4Drial ArliTrilie5
ror ikne YMr EDded 30 Apri12024
30.4.24
30.4.23
Donations and lryaties
EA).645
151
48.362
(￿.796
48.362
TolAI lllcomlng resources
60.796
48.362
R*lsthg donatlon$ and lry•¢les
Ei"ent ¢osts
Profession81 ftts
250
l86
252
ChAI4tAble *ctlTrltles
Wa8es
SLuidn"es
Coasial paili w'o&s
Electiic Bikes
Coa$ial Path woA(. totsire
Coa$ial Path-s1￿11$h8der
Coasial Path w'ork. Sd￿￿]
Fixnwes and fittings
Motoripehicles
11.077
158
3.841
25.322
12.386
4.647
350
10.324
350
4.721
30.956
42.779
Sllp￿rt cosls
MaDai8ement
tnsur￿lce
1.945
1.052
33.087
44.083
27.709
4.279
Page IS

I