Hope- Invergordon A Scottlsh Charitable Incorporated Organisation Receipts and Payments Account ' For the year ended 28th February 2025 Hope- Invergordon Charlty numbèr SC047675 Prfnclp31 Address 6 BroDmhl11 Oelny Invergordon Ross- shi IV180NP Tru5te¢s Independent Exarnlnar Macdo'Nall & Co Tulloch Street Dingwall Ross- shire FV15 9JY Hope- Invergordon Contents l. Tmstees Report 2. Indeperbdent Examiners Report 3. Receipts And Payments 4. Statement of Balances 5. Notes to Atcounts Hope - Invergordon The tnjstees a￿ pleased to p￿sent their report and financial statement for the yearended 28th February 2025 structure. Go¥emance and Management The charity is a Scotttsh Charitable Incorpordted Organi5ation ISCIOI and was registered in its current legal form on 241h Au8U5t 2017. Trustees The currentTrustees have been rn post Sin￿ formation. Anyfurther appointments as Trustees will be in accordance with the constitution. All current Trustees agreed to continue in post for the minimurn of the nextthree year> Oblectlves and A¢tl¥lties Charitable Purposes The org3nisation's purposes are the preventson of poverty. the advancement of education. the advan￿ment of cwtizenship or community development Actlvlties In the rew)rting period the organisation contint￿d to operdte the retail unit at 96A High Street. Invergordon which provided a base for offerin8 training and volunteering opportunities for long term unemployed and people with learning difficulties. Volunteering opportunities were offered based on availability- the retail unit was available 6 days a week 9.30am until 4.30pm with appropriate break5 I[￿een. During the reporting period the organisation had a mix of short term an(5 ad hocvolunteers. Their duties covered Stock control. stock priong, cash handling and customer relations. The aEe of the volunteers ranged from 18 to 64 years old. We provided fvll time employment to I member of staff, recruited from the localjob markeL The managertook ￿spOnsIbl]ityf0rthe supervisionltr8iningof the volunteers. The organisation continued to work dosety wtth the local job￿ntre Plus to advertise volunteering opportunities lo their dients to provide a wateway to return to the job markeL The organisation continued its membership with the Jobcentre Plus, National Scheme Disability Confident. In addition, we worked closety with the local Academy giving pl8￿ment for I pupil to tske part in his Duke of Edinburgh Award. We also supported 3 pupils with them taking part in the Young Philanthroptst Initiative. The Company= GNe a ￿ttle Hope IHighlandl Ltd. afterexpenses. donated the majority of the trading profits from the retail unit solefy to Hope Invergordon. A Small amount was ￿taIned for future securwty. Registered in Scotland. Scottish Charity Number. SC047675 Registered Address: Hope Invergordon, 96A High Street. Invergordon, N18 ODL Hope- Invergordon Actiyites (Contlnued) The chartty advertlsed the avallabillty of Grants to lo(al communitygmups vla local newspaper adverts. social media and kx21 community hubs. TheTrustees have in place &n approved Grant process and In accordarKe wth that prO￿sS a total of £7.175 wa5 donated to bcal communitygroups: KALE £I.IJXI, Dalmore Residents A5SOCiation £l.(KX), RBL Lunch Club £500, South Lodge Primary 8reakfast aub £1.1￿1. Cromarty Firth Men's Shed £800. Invergordon Tourism Alliance £1.375, Seaboard Memrial £SIXI arKI Milton Primaryschool £i.000. All applicalions were approved vsing ovr current pr￿e$S and cheques ￿sUed accordingly. The only eX￿ptIOn was rtA who received their donation via Card payment Letters of thanks were received from some but most acknowledgementswere made via Social Media. Flnanclal Revlew The totsl incomÈ forthe perlod was £23.(m. Expendiiure forthe peri¢￿ wa5 £7,307.97. A surplus of £15.692.03 for this reporting perh)d. This will be added to the existing bank balance and carried over for fvture projects. The 50urce5 Of tncomè during the reporting period was the donatlon r￿1Ved from Glve a Little Hope IHighlandl Ltd £20.C￿. The Wood Foundation YPI Award £2500 and Invergordon Academy £503. Thi5 income is u5e(I to provide Grart5 to local community group5. who submilted the appropriaie application foim through our annual proce&4. Reserves Policy Atthe presenttirne, the Tntstees con&der that the balance £75,985.64 should be carried over as unrestricted funds to alk•w a continuatiL)n of the Grant scheme for a fvrther period. TheTrustees feel thatat presentthere Is no wulrement to hold any restricted funds. plan$ for the FU￿re For the year 2025-2026 to expand and develop trainiiwd /volunieering opportuntties and continue operating the retail unit. There wnay be an opwrtunityto consrderopening further retail unit in Tain. The Secretary has been tasked to explore the opportunity and report back to thg Board byjuty 2025. Registered in Scotland. scottish a)ariry Number. SC047675 egi5tered Address: Hope Invergordon, 96A Street. Invergordon, tVI8 ODL Hope - Invergordon Independent Examlnerf5 Repwt Independent Examinerfs Repvrt to theTrustees of Hope- IrkvÈr8ordon I re￿rt on the fir2an¢ial ststements of the charity ftir the year ended 28th Feb￿￿ry 2025, which are set out on pages 3 to 5 Respectlve reswnslbiTrties of Truste¢s and Examlr The charitWs trusteÈs are resrKtrnsible forthe P￿paratiOn of the accounts in accordance wÈth the tern￿ of the Charities and Trustee Inve5tTh￿nt {ScotLirKII Act 2(KI51-t￿ 2CM)S Ac¢"} and the Charities Actounts Istotland) Regulatiorns 21))6 las amended) 1.the 2(￿ Regulation