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|Other**157**|**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