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← Dunoon Community Shed

2025-11-30-accounts

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

REGISTERED CHARITY NO: SC047923

DUNOON COMMUNITY SHED

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

PAGE
Reference and Administrative information 1
Report of the Trustees 2 – 5
Independent Examiner’s Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 – 15

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

REFERENCE AND ADMINISTRATIVE INFORMATION

Charity Name: Dunoon Community Shed Registered Office and Operational Address : Dunoon Community Shed 8 Hamilton Street Dunoon, Argyll PA23 7RG Charity Registration Number: SC047923

Trustees:

==> picture [218 x 108] intentionally omitted <==

Independent Examiners:

Bankers:

Wbg Services LLP 168 Bath Street Glasgow G2 4TP Bank of Scotland The Mound Edinburgh EH1 1YZ

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Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2025

The Directors present their annual report and financial statements of the charity for the year ended 30 November 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s memorandum and articles of association, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, the Companies Act 2006 and 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).

Structure, Governance and Management Governing Document:

The structure of the Organisation comprises:

Members – comprising:

Ordinary Members (who have the right to attend the AGM and any GM and have important powers under these Clauses, who elect people to serve as Charity Trustees and take decisions in relation to any changes to these Clauses), and:

Associate Members

Charity Trustees – comprising:

Elected Charity Trustees and Appointed and/or Co-opted Charity Trustees who hold regular meetings between each AGM, set the strategy and policy of the Organisation, generally control and supervise the activities of the Organisation and, in particular, are responsible for monitoring its financial position and, where there are no employees appointed, are responsible also for the day-to-day management of the Organisation.

The following conditions apply to the structure:

The Organisation shall have not fewer than 25 Members at any time.

At least three quarters of the Members of the Organisation are members of the Community.

In the event that the number of Members falls below 25 or that at least three quarters of the Members of the Organisation do not consist of members of the Community, the Board may not conduct any business other than to ensure the admission of sufficient Ordinary Members to achieve the minimum number and/or maintain the majority.

Trustee recruitment and appointment

Trustees elected by members at annual general meeting. Appointed to offices by the board of trustees.

2

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2025

Objectives and Activities

The organisation’s purposes are:

Education - through the sharing of skills and interests, swapping ideas and passing on knowledge in an informal setting.

Advancement of Health - improve the health and wellbeing of all members through the promotion of activities and social interaction supported by the shed.

Advancement of citizenship - through working on projects that will engage and aid the community, have a positive sense of achievement for members and enhance the environment of communities for the benefit of all.

To create a communal place where people can get together to socialise, discuss issues, raise concerns, have a laugh and make friends, aiding self-esteem, confidence and the fight against social isolation and loneliness.

Summary of the main activities in relation to these objects:

Involvement in workshop projects building and repairing objects, social gathering, clubs and classes engaged in activities such as model railways, textiles, arts and crafts, wood turning, welding, mindfulness, exercise including Tai Chi and Martial arts, and music.

Summary of the main achievements of the charity during the financial period:

The conversion of unit 1 of the building, acquired in October 2023, into usable spaces to facilitate the development of new activities such as martial arts, music, modelling and crafts together with providing meeting space for other organisations in the community. The main construction of the rooms was commenced during 2024 and continued during 2025. The main facilities have opened including

3

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2025

Summary of the main achievements of the charity during the financial period (continued):

The repair and renovation of the fabric of the whole building, including the workshops in Unit 2 continues, particularly the installation of new lighting and repairs to the roof, for which the Shed has received grant aid.

The membership has grown to over 180 members during the year and we expect that growth to continue. The finances are in good health and the Trustees anticipate being able to further support new activities as the costs of new construction subside.

Financial Review

The charity reported income of £50,219 (2024: £25,263) and expenditure of £41,018 (2024: £31,526) results in a surplus of £9,201 (2024: deficit of £6,263). The total funds at the year end were £184,536 (2024: £175,335) of which £165,416 (2024: £153,428) was restricted and £3,987 (2024: £2,895) was designated, leaving general free reserves of £15,133 (2024: £19,012).

Reserves Policy

The trustees set aside enough money to meet potential needs, such as an unexpected drop in income, meeting core costs, future expenditure, maintenance, etc. The trustees should make it clear if setting aside money for a specific purpose that is separate from the charity’s general reserves. At the year end the charity had general free reserves of £15,133 (2024: £19,012), the trustees consider this sufficient to cover future expenditure.

Trustees’ responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in Scotland requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to:

4

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2025

Trustees’ responsibilities in relation to the financial statements (continued)

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charity Accounts (Scotland) Regulations 2006, and the provisions of the constitution.

The trustees are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the trustees and signed on their behalf:

==> picture [193 x 73] intentionally omitted <==

Date: 29 January 2026

5

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF DUNOON COMMUNITY SHED FOR THE YEAR ENDED 30 NOVEMBER 2025

I report on the accounts of the charity for the year ended 30 November 2025, which are set out on pages 7 to 15.

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.

The charity 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 independent examiner’s statement

My examination is 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 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 I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in any material respects the requirements:

  2. to keep accounting records in accordance with Section 44 (1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and

  3. to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations

have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

==> picture [194 x 55] intentionally omitted <==

Wbg Services LLP 168 Bath Street Glasgow G2 4TP

Date: 29 January 2026

6

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 30 NOVEMBER 2025

(Including an Income and Expenditure account)

Note
Income and endowments from:
Donations and legacies
4
Charitable activities
5
Investments
6
Total Income
Expenditure on:
Raising donations and legacies
7
Charitable activities
8
Total Expenditure
Net (expenditure) / income
Transfers between funds
Net movement in funds
Funds reconciliation
Total Funds brought forward
14
Total Funds carried forward
14		 Unrestricted
Funds
Restricted
Funds
Total
Funds
Unrestricted
Funds
Restricted
Funds
Total
Funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
23,343
16,500
39,843
15,001
1,000
16,001
10,167
-
10,167
9,228
-
9,228
209
-
209
34
-
34
33,719
16,500
50,219
24,263
1,000
25,263
-
-
-
180
-
180
36,506
4,512
41,018
27,876
3,470
31,346
36,506
4,512
41,018
28,056
3,470
31,526
(2,787)
11,988
9,201
(3,793)
(2,470)
(6,263)
-
-
-
-
-
-
(2,787)
11,988
9,201
(3,793)
(2,470)
(6,263)
21,907
153,428
175,335
25,700
155,898
181,598
19,120
165,416
184,536
21,907
153,428
175,335

The Statement of Financial Activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

7

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

BALANCE SHEET AS AT 30 NOVEMBER 2025

BALANCE SHEET AS AT 30 NOVEMBER 2025
Note
Fixed assets:
Tangible assets
11
Total Fixed Assets
Current assets:
Debtors
12
Cash at bank and in hand
Total Current Assets
Liabilities:
Creditors falling due within
13
one year
Net Current assets
Net assets
The funds of the charity:
Unrestricted funds
14
Restricted income funds
14
Total charity funds		 Total
Total
Funds
Funds

2025
£
2024
£
156,903
155,811
156,903
155,811
1,083
225
28,398
21,073
29,481
21,298
(1,848)
(1,774)
27,633
19,524
184,536
175,335
19,120
21,907
165,416
153,428
184,536
175,335

Approved by the trustees and signed on their behalf by:

==> picture [151 x 58] intentionally omitted <==

Date: 29 January 2026

8

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2025

1. Accounting Policies

(a) Basis of preparation and assessment of going concern

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.

The charity constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

(b) Funds structure

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created funds for specific purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed, or through the terms of an appeal.

Further details of each fund are disclosed in note 14.

(c) Income recognition

Income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity, and it is probable that those conditions will be fulfilled in the reporting period.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Income from government and other grants, whether ‘capital’ or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

9

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2025

1. Accounting Policies (continued)

(d) Expenditure recognition

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 settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (e) below.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure is incurred.

(e) Allocation of support and governance costs

Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to statutory independent examination and legal fees. The allocation of governance costs is analysed in note 9.

(f) Tangible fixed assets and depreciation

All assets costing £100 are capitalised and valued at historical cost. Depreciation is charged as follows:

Basis Plant and Machinery 3 years straight line Fixtures and Fittings 3 years straight line

Freehold Land & Buildings

It is the charity’s policy to maintain the property in a state of good condition. The cost of all repairs and maintenance has been charged in the Statement of Financial Activities. Consequently, the trustees consider that the value of the property is such that no depreciation is required.

(g) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

(h) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

(i) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

10

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2025

1. Accounting Policies (continued)

(j) Taxation

The company is a charity within the meaning of Section 467 of the Corporation Tax Act 2010. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 of Part 11 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied for charitable purposes only.

(k) Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The trustees are satisfied that the accounting policies are appropriate and applied consistently. Key sources of estimation have been applied as follows;

Estimate
Depreciation & amortisation of fixed
assets		 Basis of estimation
Fixed assets are depreciated and amortised over
the useful life of the asset. The useful lives of fixed
assets are based on the knowledge of the
operations team, with reference to assets expected
life cycle.

2. Legal status of the Charity

The Charity is a registered Scottish Charitable Incorporated Organisation (SCIO).

3. Related party transactions and trustees’ expenses and remuneration

The trustees all give their time and expertise without any form of remuneration or other benefit in cash or kind (2024: £nil). Travel expenses of £nil (2024: £nil) were reimbursed to trustees during the year (2024: £nil). Expenses totalling £nil were waived by trustees during the year (2024: £nil).

During the year no trustee had any personal interest in any contract or transaction entered into by the charity (2024: none).

4. Income from donations and legacies

Donations
General grants		 2025
£
23,343
2024
£
15,001
16,500
1,000
39,843
16,001

11

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2025

5. Income from charitable activities
2025 2024
£ £
Membership and attendance fees 10,167 9,228
10,167 9,228
6. Income from Investments
2025 2024
£ £
Bank interest 209 34
209 34
7.Analysis of expenditure on raising donations and legacies
2025 2024
£ £
Seeking donations, grants and legacies - 180
- 180
8.Analysis of expenditure on charitable activities
2025 2024
2025 Total 2024 Total
£ £ £ £
Training courses - - 37 37
Project expenditure 5,843 5,843 3,778 3,778
Arts and crafts 946 946 431 431
Sundry 889 889 387 387
Mechanicals 2,754 2,754 2,303 2,303
Community projects 2,369 2,369 1,283 1,283
Woodworking expenditure 2,919 2,919 3,211 3,211
Catering and supplies 2,316 2,316 2,508 2,508
Rent, rates and insurance 1,820 1,820 1,376 1,376
Repairs and renewals 12,177 12,177 9,132 9,132
Lighting and heating 2,992 2,992 2,898 2,898
IT and computer maintenance 1,091 1,091 496 496
Telephone, broadband and IT 748 748 639 639
Printing and stationery 561 561 262 262
Bank charges 2 2 3 3
Depreciation 1,743 1,743 844 844
Governance costs (note 9) 1,848 1,848
1,758
1,758
41,018 41,018 31,346 31,346
9.Governance costs
2025 2024
£ £
Independent Examiners’ Remuneration 1,848 1,758
1,848 1,758

12

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2025

10. Net income/(expenditure) for the year

This is stated after charging:
Depreciation
Independent Examiners’ Remuneration		 2025
£
2024
£
1,743
844
1,848
1,758

11. Tangible Fixed Assets

11. Tangible Fixed Assets
Freehold Land
Fixtures &
Plant &
& Buildings
£
Fittings
£
Equipment
£
Total
£
Cost
At 1 December 2024
152,916
1,044
2,758
156,718
Additions
-
1,391
1,444
2,835
At 30 November 2025
152,916
2,435
4,202
159,553
Depreciation
At 1 December 2024
-
309
598
907
Charge for the year
-
579
1,164
1,743
At 30 November 2025
-
888
1,762
2,650
Net book value
At 30 November 2025
152,916
1,547
2,440
156,903
At 30 November 2024
152,916
735
2,160
155,811
12. Debtors
2025
2024
£
£
Trade debtors
630
39
Other debtors
453
186
1,083
225
13. Creditors: amounts falling due within one year
2025
2024
Other creditors
£
£
1,848
1,774
1,848
1,774		 Freehold Land
Fixtures &
Plant &
& Buildings
£
Fittings
£
Equipment
£
Total
£
152,916
1,044
2,758
156,718
-
1,391
1,444
2,835
152,916
2,435
4,202
159,553
-
309
598
907
-
579
1,164
1,743
-
888
1,762
2,650
152,916
1,547
2,440
156,903
152,916 735
2,160
155,811
2025
2024
£
£
630
39
453
186
1,083
225
2025
2024
£
£
1,848
1,774
1,848
1,774

13

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2025

14. Analysis of charitable funds

Unrestricted Funds
Tangible fixed assets
Total designated funds
General Funds
Total Unrestricted Funds
Restricted Funds
Age Scotland
Argyll & Bute Council
Magic Little Grants
Robertson Trust
Scottish Land Fund
Tesco
Total Restricted Funds
TOTAL FUNDS
Unrestricted Funds
Tangible fixed assets
Total designated funds
General Funds
Total Unrestricted Funds
Restricted Funds
Arnold Clark
Argyll & Bute Council
Scottish Land Fund
The National Lottery
Community Fund
Total Restricted Funds
TOTAL FUNDS		 Balance at
1 December
2023
Income
Expenditure Transfers
Balance at
30 November
2024
£
£
£
£
£
1,059
-
(844)
2,680
2,895
1,059
-
(844)
2,680
2,895
24,641
24,263
(27,212)
(2,680)
19,012
25,700
24,263
(28,056)
-
21,907
-
1,000
(1,000)
-
-
2,265
(1,753)
-
512
97
-
(97)
-
-
120
-
(120)
-
-
152,916
-
-
-
152,916
500
-
(500)
-
-
155,898
1,000
(3,470)
-
153,428
181,598
25,263
(31,526)
-
175,335
Balance at
1 December
2024
Income
Expenditure Transfers
Balance at
30 November
2025
£
£
£
£
£
2,895
-
(1,743)
2,835
3,987
2,895
-
(1,743)
2,835
3,987
19,012
33,719
(34,763)
(2,835)
15,133
21,907
33,719
(36,506)
-
19,120
-
500
-
-
500
512
1,000
(512)
-
1,000
152,916
-
-
-
152,916
-
15,000
(4,000)
-
11,000
153,428
16,500
(4,512)
-
165,416
175,335
50,219
(41,018)
-
184,536

a) The unrestricted funds are available to be spent for any of the purposes of the charity.

The designated fund for tangible fixed assets represents the net book value of tangible fixed assets at the year end.

b) Restricted funds comprise:

Age Scotland – funding towards the construction of the wellbeing room.

Argyll & Bute Council – Funding to carry out the Communities Mental Health and Wellbeing Fund programme in Argyll & Bute.

14

Docusign Envelope ID: 1ACF45BF-12C7-4608-84DA-6138A2F7F493

DUNOON COMMUNITY SHED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2025

14. Analysis of charitable funds (continued)

Arnold Clark – Funding towards electrical works/lighting.

Magic Little Grants – Grant awarded for garden.

Robertson Trust – Grant awarded for arts and crafts.

Scottish Land Fund – Grant awarded to contribute towards the capital cost of acquisition and legal fees associated with the purchase of the former ceramics factory in Dunoon.

Tesco – Grant awarded for garden.

15. Net assets over funds

5. Net assets over funds
Fixed assets
Debtors
Bank & Cash
Creditors due < 1 year
Fixed assets
Debtors
Bank & Cash
Creditors due < 1 year		 Unrestricted
Funds
£
2,895
225
20,561
(1,774)
21,907
Unrestricted
Funds
£
3,987
1,083
15,898
(1,848)
19,120		 Restricted
Funds
£
152,916
-
512
-
153,428
Restricted
Funds
£
152,916
-
12,500
-
165,416		 Total
2024
£
155,811
225
21,073
(1,774)
175,335

Total
2025
£
156,903
1,083
28,398
(1,848)
184,536

15