Inverlochy Village Hall SCIO (Known by The Braxi Hall)
Charity Number $C048493
Annual Report and Financial Statements
For the year ended 30th June 2025
1
Inverlochy Village Hall SCIO
Charity Number $C048493
Independent examiner’s report to the trustees on the unaudited accounts of Inverlochy Village Hall SCIO.
I report on the accounts of the Chanty for the year ended 30th June 2025 which are set out on pages 3 to 6.
Respective responsibilities of trustees and independent examiner
The chanity'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) (d) of the 2006 Accounts Regulations does nor apply. It is my responsibility to examine the accounts as required under section 44{1) (c) of the Act and to state whether parvcular matters have come to my attenoon
Basis of independent examiner's statement
My examination is carricd 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 chanty and a comparison of the accounts presented with those records. Jt also mcludes 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 al) the evidence that would be required in an audit, and consequently | 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 respect the requirements
-
to keep accountng records in accordance with secbon 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 comply with Regulation 9 of the 2006 Accounts Regulations
have not been met, or
2 to which, in my opinion, attennon should be drawn in order to enable a proper understanding of the accounts to be reached
, An4
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Bore WHlEet YW 6P}i
VOLUNTARY ACTION LOCHABER Bumweawn Sroe- Thon brew Lace Ae ne
2
Inverlochy Village Hail SCIO
Receipts and Payments Accounts For the year ended 30th June 2025 Charity Number 5C048493
| Year to | Year to | Year to | Year to | |||
|---|---|---|---|---|---|---|
| 2025 | 2025 | 2025 | 2024 | |||
| Unrestricted | Restricted | Total | Total | |||
| Receipts | Note | £ | Ey | £ | £ | |
| Grants and Donations | ||||||
| Grants Donations |
4 5 |
S | - ‘ |
% | ||
| Bank interest received | - | - | - | |||
| Receipts fromCharitable Activities Hall Hire |
4.194 | 4,194 | 4,566 | |||
| EnergyRefund RaffleProceeds |
316 - |
260 | 316 260 |
: . |
||
| Total Receipts | 4510.0 | 4,770 | 4,566 | |||
| Payments | ||||||
| Charitable Activities | ||||||
| Electnany Insurance IT&Website |
1,431 908 62 |
- | 1,431 908 62 |
2,736 776 59 |
||
| Repairs& Renewals Health & Safety Sundry Items Xmas Lights / Seniors Xmas Lunch Tfe to Inverlochy Community Associauon |
922 : . - |
- x 723 1,537 |
922 - * 723 1,537 |
1,854 85 432 |
||
| Governance Costs | ||||||
| Independent Examination | 7 | 100 | 100 | 125 | ||
| TotalPayments | 3,424 | 2,260 | 5,684 | 6,067 | ||
| Surplus/(Delicit) for the yearbefore transfers | 1,086 | (2,000) | (914) | (1,501) | ||
| Transters between funds | 6 | 7 | 7 | |||
| Surplus/(Deficit)fortheyear | —_____1,086 | 2,000 | (914) | 1,501; |
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Inverlochy Village Hall SCIO Receipts and Payments Accounts For the vear ended 30th June 2025 Charity Number $C048493
| Year to | Year | to | Year | to | Year | to | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2025 | 2025 | 2024 | |||||||
| Unrestricted | Restricted | Total | Total | |||||||
| £ | £ | £ | £ | |||||||
| Statemem of Balances | - as at 30th June 2025 | |||||||||
| Opening cash at bank | and in hand | 4,717 | 2,00) | 6,717 | 8,219 | |||||
| Add Income | 4,510 | 260 | 4,770 | 4,566 | ||||||
| 9,227 | 2,260 | 11,487 | 12,785 | |||||||
| Less LEexpendnure | 3,424 | 2,260 | 5,684 | 5,067 | ||||||
| Transfers | 6 | 2 | 7 | ° | ||||||
| Closing cash atbankand in hand | 5,803 | ; | 5,803 | 6,717 | ||||||
| Bank and Cash Balances | ||||||||||
| Bank Current Account | 5,803 | 5,803 | 6,71? | |||||||
| Outstanding lodgements | a | oi | ‘ | |||||||
| Outstanding cheques | _ | |||||||||
| Petty Cash | - | |||||||||
| 9&10 | 5,803 | — | 5,303 | G7 | 17 |
==> picture [98 x 65] intentionally omitted <==
----- Start of picture text -----
Signed on behalfof all Trustees
Nar c
Wate ( £VUZ
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Che notcs on pages § to 6 form part of these financial statements
4
Inverlochy Village Hall SCIO Charity Number $C048493 Notes to the accounts
For the year ended 30th June 2025
1 Basis of Accounting
These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
2 Nature and purpose of funds
Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the Charity.
Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes.
3 Related party transactions
No remuneration was paid to the trustees or any connected persons during the year (2024: £NIL).
| 4 | Grants | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||||
| Funds | Funds | Total | 2025 | Total | 2024 | ||||
| Grants | __ | = | é | : | |||||
| 5 | Donations | ||||||||
| Unrestricted | Restricted | ||||||||
| Funds | Funds | Total | 2025 | Total | 2024 | ||||
| Donations | - | : | - | 55 | |||||
| : | - |
6 Transfers between funds
There were no transfers between funds during the year (2024: ENIL).
7 Governance Costs
| Unrestricted | Restricted | ||||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Total | 2025 | Total | 2024 | ||
| Independent | Examination | 100 | 100 | 125 | |||
| 100 | - | 100 | 125 |
8 Volunteers
The trustees would like to record their thanks to all the volunteers who dedicate a significant amount of time for no remuneration to the charity.
5
9 Restricted Funds
| 9 | Restricted Funds | ||||||
|---|---|---|---|---|---|---|---|
| At Ist | July | At 30thJune | |||||
| 2024 | Incoming | Outgoing | Transfers | 2025 | |||
| Restricted Funds (Xmas Lights) | 2,000 | 260 | (2,260) | - | - | ||
| 2,000 | 260 | (2,260) | - | - | |||
| 10 | Unrestricted Funds | ||||||
| At istJuly | July | At 30th June | |||||
| 2024 | Incoming | Outgoing | Transfers | 2025 | |||
| Unrestricted Funds | 4,717 | 4,510 | (3,424) | - | 5,803 | ||
| 4,717 | 4,510 | (3,424) | - | 5,803 |
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10.10.25
Inverlochy Village Hall SCIO Annual Report for the period 1.7.24 - 30.6.25
Opening
Once again we have been able to measure an increase in activity throughout the year which is very encouraging. As always our rental groups come from across the spectrum and from beyond our catchment area; and we have been able to celebrate diversity, promote health and well-being and embrace social inclusion with all our/their activities. There has been a marked increase in hire requests from locals which is pleasing, as we will need there further support going forward with plans to renovate and rebuild.
Finance
This year we are delighted to report a small profit, once extraordinary items were discounted (activity on behalf of the Inverlochy Community Association. We were also successful in obtaining a new energy contract, which has returned marked savings for us ona monthly basis. This has allowed to accrue funds for the much-needed painting of the exterior of the Hall, which was undertaken - with thanks - by the Criminal Justice Service squad.
Due to the change in the Energy Contract, we have been able to hold our rental rates at the current rate. In the current financial climate we feel fortunate about this, and hope this will increase the demand for the Hall facilities.
Current and Proposed Actions
We have now successfully received number of quotes with regards to renovation of the current Hall, to bring it up to modern specifications for toilet and disabled facilities. The plans for renovation do vary from our original specifications, but with the increased costs of building materials etc, and the future plans to rebuild completely, these were thought to be more prudent.
We opened negotiations with Jahama Estates to acquire more land surrounding the current Hall, to enable us to develop layouts for our proposed new Hall build. At present these are still ongoing but we have responded to their offer with our preferred options and hope to hear further on this in the coming year.
Closing Comments
I would like to encourage all attendees here tonight, if they are able, to join us and help to achieve these objectives and help spread the load of the Trustees. With the aim of “many hands make light work" it would be ideal to achieve this and avoid charity overload and apathy. We would appreciate some young legs to complement the old heads!
We would like to extend our thanks to the current members and committee for their ongoing commitment to the Hall over the past year and we all look forward to the future of the Hall moving ahead with its planned renovations and remaining an attractive asset for our community and surrounding districts.
Thank you
Trustee
Trustee