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2024-12-31-accounts

APPENDIX 1 oscr Period start dale Mr￿1h Y8ar 01 2024 Period end dale Month 12 Y881 From 01 To 31 2024 offi￿ of the Scottish Charity Regulator Reference and administration details Charity name other names charity is known by Registered charity number Charity's principal address MC￿aY Way Association SC047381 clo FACT Forres Town Hall High Street Postcode IV36 1PB Names of the charity trustees on date of approval of Trustees. Annual Report Trustee name Office (if any) Dales acted rf not for whole year lor body} entitled to app￿nt tsust* (if Chair Treasurer Secretary Appointed 919124 10 11 12 13 14 15 16 17 18 19 20

APPENDIX 1 Reference and administration details Name5 of all other charity trustee5 during the period. rf any. (for example. those who resigned part way through the financial period) Structure, governance and management Type of governing document The m￿aY Way Association {MWAI is a Scottish Charitable Incorpornted OrganisatK)n {SCIOI. registered on 8 May 2017. The Trustees are elecled by members. Membership is open to anytx)dy over the age of 16 who SUPFQrts the MWA objectives. Pn"or to registrats.on as a SCIO. the MWA was an unincorporated asso￿at.0n. The membership of the asswat.on resolved lo dissolve the assO￿at.0n and transfer rts assets into the MWA SCIO on 1* January 2018. Trustee recruitment and appointment The inibal trustees ofthe MWA SCIO were the trustees of the uninccwporated MWA Since the fomiation of the SCIO, the trustees have actively adveitsed for new trustees to join the board. Objectives and activities Charitable purposes The provisic￿ of recreational faulities through maintenance. improvement and promotion of the Moray Way as a circular long distance rouie. for the benefft and enjoyment of the Moray communty and visrtors. The Organisat￿n of recreational acttvitie5 promoting walking, Cling and other outdoor aCtiv￿e$, through festivals and events, for the benefft and enjoyment of the Moray community and its visttors. The advancement of education through outdoor activities and events which develop skills and knowledge of participants., developing skills of volunteers; and provision of infomiation to the wblie. The main activrbes of the MWA have been the ttordination and promotion of an annual Walking and Outdoor Festival and the eontinued devdopment of the Way long distance path. Summary of the main activities in relation to these (Ibjects

APPENDIX 1 Achievements and performance Summary of the main achievements of the charity during the financial period Moray Walking and Outdoor Festival The festival was held 14th 10 24th June 2024. 39 events were held, involving 22 event providers. There were 422 parb"cipanls. Of those resFX)nding to the post feskn.val evaluation, 100% rated the events as high or very hhjh qualtfy. Moray Way Artists A new arts project was started during the year under phase 3 of'Arts in Moray, programme. This involves working wth a team of artists to reimagine pl￿￿MageS described in a 1924 publicaticm. A previous arts project in the Rothes communtty continued. Moray Ways Website The Association continued to support the Moray Ways Webstte. which provides a comprehensNe collecticffi of routes in Moray kn walking and other outdocK activrbes. For fijrther lrrfomTrt￿)n see: mora alkoutdoo s..114KwN.facebcK￿.C0Ml rou s..1￿. cebook.comlmor alkoutd rf Financial review Brief statement of the charity's policy on reseples The Moray Way Assochation aims to hold sufficient in unrestricted reserves to ensure that the following year's festwal is viable in the event of no grant funding being receNed ￿ late cancellats"on. Approximatety £4.000 is required as a minimum ￿Ve4 of reserves. Unrestricted reseNes stood at £6,781 at the year end. Details of any deficit During the financial year to 3121 Deeember 2024, the association had a surplus of £7,507. However. there was a deficf( during the year related to unrestricted funds. This deficit was mainly the result of a timing drfference th income received in the previous year being utilised in the current year. Donated facilities and services Irf any)

APPENDIX 1 Other optional information Declaration The trustees declare that they have approved Ihe truslees, report above. Signed on behalf of the charity's t￿￿teeS Signaturelsl Full namel51 Position {e.g. Chairl Date 13 January 2025

Enter SC No. below

APPENDIX 2

Enter charity name below

SC047381

Moray Way Association

Receipts and payments accounts

Period start date Period start date Period start date Period start date Period start date Period start date Period end date Period end date Period end date Period end date Period end date
For the period
from		 01
Day		 01
Month		 2024
Year		 to Day
31		 Month
12		 Year
2024
Section A Statement of receipts and payments Section A Statement of receipts and payments
Unrestricted
funds		 Restricted
funds		 Expendable
endowment
funds		 Permanent
endowment
funds		 Total funds
current period		 Total funds last
period		 Total funds last
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
A1 Receipts
Donations - - - 100 100
Legacies - - - - -
Grants 13 13 13,500 13 13 13,500 840 840
Receipts from fundraisingactivities 200 200 200 200 200 - -
Gross tradingreceipts - - - - -
Income from investments other than
land and buildings - - - - -
Rents from land & buildings - - - - -
Gross receipts from other charitable
activities 3 3,665 300 300 300 300 3 3 3,965 5,362
- - -
A1 Sub total A1 Sub total 3,865 3,865 13,800 13,800 13,800 - - - - - - - 17,665 17,665 17,665 6,302
A2 Receipts from asset &
investment sales
Proceeds from sale of fixed assets
Proceeds from sale of investments
A2 Sub total -
-
-
Total receipts 3,865
13,800
-
~~—~~		 -
-		 -
-		 -
-		 -
-
-
17,665		 -
-
-
17,665		 -
-
-
17,665		 -
6,302
A3 Payments
Expenses for fundraising activities 51 51 51 51 51
Gross trading payments - - -
Investment management costs - - -
Payments relating directly to charitable Payments relating directly to charitable
activities 6 6,424 3 3 3 3,526 9 9 9,950 5,483
Grants and donations
- - -
Governance costs:
- - -
Audit / independent examination - - -
Preparation of annual accounts - - -
Legal costs - - -
Other Other Other157 157 157 157 157 157 157
- - -
**A3 Sub total ** 6,632 6,632 3,526 3,526 3,526 3,526 - - - - - - - 10,158 10,158 10,158 5,640
A4 Payments relating to asset and
investment movements
Purchases of fixed assets
Purchase of investments
A4 Sub total -
-
-
Total payments 6,632
3,526
-
~~————~~		 -
-		 -
-		 -
-		 -
-
-
10,158		 -
-
-
10,158		 -
-
-
10,158		 -
5,640
Net receipts / (payments)
A5 Transfers to / (from) funds
Surplus / (deficit) for year		 2,767)
(
10,274
-
-
7,507
662
-
2,767)
(
10,274
-
-
7,507
662
~~=——————~~

APPENDIX 2

SC047381

Moray Way Association

Section B Statement of balances

Categories
Signed by one or two trustees
on behalf of all the trustees
B1 Cash funds
B2 Investments
B3 Other assets
B5 Contingent liabilities
B4 Liabilities		 Details Unrestricted
funds
to nearest £
9,548
2,767)
(		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 T otal current
period
to nearest £		 Total last period
to nearest £
Cash and bank balances at start of year 352 9,900 9,238
Surplus / (deficit) shown on receipts and
payments account		 10,274 7,507 662
-
-
Cash and bank balances at end of year
(Agree balances with receipts and payments
account(s))
Details		 6,781 10,626 - - 17,407 9,900
-
-		 -
Fund to which asset belongs M arket valuation
to nearest £		 Last year
to nearest £
Details Fund to which asset belongs Total
Cost (if available)
to nearest £		 -
-
C urrent value (if
available)
to nearest £		 Last year
to nearest £
Maps Unres tricted
Events shelter, banners, high-vis jackets,
flasks		 Unres tricted
Details Total
Fund to which l		 -
-
-
iability relates Amount due
to nearest £		 Last year
to nearest £
Details Fund to which l Total
iability relates		 - -
Amount due
(estimate)
to nearest £		 Last year
to nearest £
Total -
-
Date of approval
13 January2025

MWA year end oscr accounts 31 12 24.xlsx / Statement of balances

2

December 2007

APPENDIX 2

SC047381

Moray Way Association

Section C Notes to the Accounts

C1 Nature and purpose of funds (may be stated on analysis of funds worksheets)

C3a Trustee remuneration
C2 Grants
C3b Trustee remuneration -
details		 Type of activity or project supported Individual /
institution		 Number of grants
made
£		 Number of grants
made
£
Total -
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)
X
Authority under which paid £
C4a Trustee expenses
C4b Trustee expenses -
details
C5 Transactions with trustees
and connected persons		 If no expenses were paid to any charity trustee during the period then cross
(otherwise complete section 4b)		 If no expenses were paid to any charity trustee during the period then cross
(otherwise complete section 4b)		 this box
K Todd-gift for retiring trustee and event expenses
B Jefferson-gift for independent examiner
Nature of relationship
Nature of transaction
S Coomber-postage, stationery and equipment
 Number of
trustees
£
K Todd-gift for retiring trustee and event expenses 1 233
S Coomber-postage, stationery and equipment 1 63
B Jefferson-gift for independent examiner 1 25
Nature of relationship
 Transaction
amount (£)
Balance
outstanding at
period end (£)

C6 Other information

MWA year end oscr accounts 31 12 24.xlsx / Notes

3

December 2007

APPENDIX 2

SC047381

Moray Way Association

Additional analysis (1)

Analysis of receipts and payments

1 Donations

1 Donations 1 Donations
Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
Other donations andgift aid 100
-
-
-
Total
2 Grants		 - - - - - 100
-
Unrestricted
funds
to nearest £		 -
Restricted funds
to nearest £		 - - -
Total current
period
to nearest £		 -
Total last period
to nearest £
Forestry and Land Scotland - 840
Arts in Moray 13,500 13,500 -
Total
3 Gross receipts from other charitable activities		 - 13,500 13,500 840
-
Unrestricted
funds
to nearest £
 -
Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 -
Total current
period
to nearest £		 -
Total last period
to nearest £
MorayWayArtist management fee - 2,000
MorayWays website development 300 300
Mapsales 5 5 42
Walkingfestival events 3,469 3,469 3,196
Promotional merchandise 41 41 124
Income from website supplier listing 150 150
- -
-
Total 3,665 300 - - 3,965 5,362
- - - - - -

4 Payments relating directly to charitable activities

Unrestricted
funds
to nearest £		 Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
MorayWays website development








300 300









300
Website and IT 877 877 557
Promotion andpublicity 475 475 555
Walkproviders and event expenses 2,381 2,381 2,175
Trainingand volunteer expenses 73 150 223 -
Project management - Festival 1,000 1,000 1,500
Project management - Artist 1,500 1,500 -
Promotional merchandice - - 396
MorayWayartists - 3,076 3,076
AGM room hire 40 40
Other 78 78
Total 6,424 3,526 - - 9,950 5,483

MWA year end oscr accounts 31 12 24.xlsxAdditional notes (1)

December 2007

APPENDIX 2

SC047381

Additional analysis (2)

Receipts
5 Breakdown of unrestricted funds		 Unrestricted
fund 1 - enter
name of fund
below
General Fund		 Unrestricted
fund 1 - enter
name of fund
below
General Fund		 Unrestricted
fund 2 - enter
name of fund
below		 Unrestricted
fund 3 - enter
name of fund
below		 Unrestricted
fund 4 - enter
name of fund
below		 Total
unrestricted
funds		 Total
unrestricted
funds last period
Donations - - 100
Legacies -
Grants - - 840
Receipts from fundraisingactivities 200 200 -
Gross tradingreceipts -
buildings -
Rents from land & buildings -
Gross receipts from other charitable activities 3,665 3,665 5,362
Sub total
Receipts from asset & investment sales		 3,865 - - - 3,865 6,302
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
Payments		 - - - - - -
3,865 - - - 3,865 6,302
Expenses for fundraisingactivities 51 51 -
Gross trading payments -
Investment management costs -
Payments relatingdirectlyto charitable activities 6,424 6,424 6,424
Grants and donations -
Governance costs: -
Audit / independent examination -
Preparation of annual accounts -
Legal costs -
Insurance 157 157 157
-
Sub total
Payments relating to asset and investment
movements		 6,632 - - - 6,632 6,581
-
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year		 - - - - - -
-
6,632 - - - 6,632 6,581
-
2,767)
(		 - - - 2,767)
(		 279)
(
-
2,767)
(		 - - - 2,767)
(		 279)
(
cross ref error
Nature and purpose of funds
The General Fund may be applied for any activity within the Moray Way As sociation's purpos es.

MWA year end oscr accounts 31 12 24.xlsxAdditional notes (2)

December 2007

APPENDIX 2

SC047381

Moray Way Association

Additional analysis (3)

6 Breakdown of restricted funds

6 Breakdown of restricted funds
Receipts Restricted fund
1 - enter name of
fund below
Moray Ways
Website		 Restricted fund
2 - enter name of
fund below
Mary Salmond
Trust		 Restricted fund
3 - enter name of
fund below
Cray Trust		 Restricted fund
4 - enter name of
fund below
Arts in Moray		 Total restricted
funds		 Total restricted
funds last
period
Donations -
Legacies -
Grants 13,500 13,500
Receipts from fundraisingactivities -
Gross tradingreceipts -
Income from investments other than land and
buildings		 -
Rents from land & buildings -
Gross receipts from other charitable activities 300 300
Sub total
Receipts from asset & investment sales		 300 - - 13,500 13,800 -
-
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
Payments		 - - - - - -
300 - - 13,500 13,800 -
-
Expenses for fundraising activities -
Gross trading payments -
Investment management costs -
Payments relating directly to charitable activities 300 75 75 3,076 3,526 465
Grants and donations -
Governance costs: -
Audit / independent examination -
Preparation of annual accounts -
Legal costs -
-
-
Sub total
Payments relating to asset and investment
movements		 300 75 75 3,076 3,526 465
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year		 - - - - - -
-
300 75 75 3,076 3,526 465
- 75)
(		 75)
(		 10,424 10,274 465)
(
-
- 75)
(		 75)
(		 10,424 10,274 465)
(

Nature and purpose of funds

The Mary Salmond Trust and Cray Trust funding was to support first aid training and first aid kits - £126.80 is held at 31st December 2024. Moray Ways funding was received from Moray Council for the development and updating of the Moray Ways website, £74.99 was held at 31st December 2024. Arts in Moray funding is to support local artists working in collaboration with the Moray Way Association reimagining pilgrimages in Moray. £10,423.87 was held at the 31st December 2024.

MWA year end oscr accounts 31 12 24.xlsxAdditional notes (3)

December 2007

APPENDIX 3 knttish Cherity Regulator Independent examiner's report on the accounts Reporttothe Charty name tyusteeslmembers of Moray Way Association Registered charity SC047381 number On the accounts of thè charity for the pariod Pariod start datg Month Period end date Month Day Year Day Year 01 01 31 12 2024 S•t out on pagas Irememter lo indude the page umbersof adJIl￿al $heetsi Respective The charity's trustees are responsible for the preparation of the accounts in accordan responstbililies of with the terms of the Charib"e5 and Trustee Investment IS¢otlandl 2005 Acl and the trustees and examiner Charities Accounts (Scollandl Regulations 20(E l¥s amended). The charitri trustees consider that thè audit requirement of RegulatlDn 10111 Idl ol the Account< Regulations does not appty It is my rp.4pnn<ihility tn gx2ming. thp. 2r.e.aiJniq as rg.qiJired under section 44(11 Icl of the Act and lo slate whether particular matters have come lo rny att￿tIon. Basi$ of independent My examinali)n is Carri￿ out in accordance with Regulation 11 of the 200) Accounts xaminor's statsment Regulations. An examination includes a review of the accounting reGords kept by the charity and a comparison of the accounts presenled with those records. It also includes consideration of any unusual items or disclosures in the accounts and sèe<s explanations from the trustees concerning any such matters. The procedures undertaken do not provide 811 the evidence that would be required in an audit and, cx)nsequenlly, I do not express an audit opinion on the view given by the sccounls Independent exaThinèr'8 In the cDurse of my examination. no matter has come to my attention lolhor than that statsment disclosed on the attached page'l which gives me reasonable cause to believe that in any material respect the requirenEnls'. lo keep accounling records in accordance with section 44111 la) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and lo prepare accounts which accord wrth the accounting re￿rdS and comply with Regulation 9 of the 2006 Accounts Regulatsons have not tsen met, or dllei ItiUlI *l,,ould J- ciaivn in order to enable 8 proper Siwed": Name: Relevant professional quatsfication(sl or body (il any): Addr¢ss: "Please delete trie wordJ hi the brackets if they do not8ppty. If the woros (to 8ppLv, set out those matt¥s which hove come to yOUTattention on t fth'lowing page. ' OSCR will 8￿pt dvJita ortyped 5onalures

APPENDIX 3 Disclosure section Only complete if the examiner needs to highlight material problems. Give here brlef detalls of any items that the examiner wishes to disclose