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2025-04-30-accounts

Ullapool Sea Savers SCIO

TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS

For the period 1°' May 2024 — 30" April 2025

Scottish Charitable Incorporated Organisation SC049213

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Ullapool Sea Savers SCIO Annual Report & Financial Statements For the period Ist May 2024 to 30" April 2025

CONTENTS PAGE

Index Page
Trustee Annual Report 2-5
Independent Examiners Report 6
Statement ofReceipts and Payments 7
Statement ofBalances 8
Notes 9-12

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Ullapool Sea Savers SCIO Annual Report & Financial Statements For the period 1st May 2024 to 30" April 2025

TRUSTEES’ ANNUAL REPORT

The trustees are pleased to present their report and financial statements together with the independent examiners report for the period ended 30 April 2025.

Charity Name Ullapool Sea Savers SCIO Also known as USS

Charity Number $C049213

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Ullapool Sea Savers SCIO Annual Report & Financial Statements For the period Ist May 2024 to 30" April 2025

TRUSTEES’ ANNUAL REPORT

STRUCTURE GOVERNANCE AND MANAGEMENT

Governing Document

Ullapool Sea Savers is a Scottish Charitable Incorporated Organisation (SCIO) and have been registered as a charity from 10" April 2019. Ullapool Sea Savers have a constitution in place for the running of the charity.

Appointment of Trustees

At the Annual General Meeting all of charity trustees must retire from office they will be re-elected unless there are reasons within the constitution. The trustees elected at the Annual General Meeting will then be added to the Trustees listing. The office bearers are elected from among the Trustees namely a Chair, Treasurer and Secretary. Trustees can be coopted throughout the year. Trustees maximum number 11 and minimum number 4.

The board of Trustees meet often to review all aspects of the charity’s affairs.

Organisation Structure

The trustees are responsible for the strategic direction and governance of the charity.

There are many volunteers who help with the ongoing tasks of the charity.

OBJECTIVES & ACTIVITIES

The organisation is established for charitable purposes only, and the objects are:

a) To save our seas by getting together to educate about and raise awareness of and confront the issues which threaten our marine environment.

b) To support education about marine protection and conservation locally, regionally and globally and facilitate community engagement

ACHIEVEMENTS & PERFORMANCE

Find belowa list of our achievements and performances for the year;

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Ullapool Sea Savers SCIO Annual Report & Financial Statements For the period Ist May 2024 to 30" April 2025

TRUSTEE’S ANNUAL REPORT

Achievement & Performance cont'd

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Ullapool Sea Savers SCIO Annual Report & Financial Statements For the period Ist May 2024 to 30" April 2025

TRUSTEE’S ANNUAL REPORT

FINANCIAL REVIEW

The results for the period are set out in the attached accounts. The total income for the year is £55,493 (2024 £51,774). The total expenditure is £52,568 (2024 55,183). The results show a surplus of £2,925 (2024 deficit of £3,409). Leaving unrestricted funds of£8,403 (2024 £8,270) and restricted funds of £10,627(2024 £5,731 total funds remaining are £19,030.

RESERVES POLICY

Ullapool Sea Savers operates primarily on grants identified to fund specific projects which currently includes the basic operations of the organisation. Maintaining a reserve will allow the organisation to continue basic operations in the absence of project funding.

The purpose of this policy is to outline the terms in which the reserves will be used and the basis for reviewing the reserves available.

Overview

A risk-based approach is used to calculate an optimal amount of reserves that looks at reliability of income, costs for basic running costs, and specific liabilities. Amounts are included for risks we are aware of as well as contingencies to allow the organisation to cope with unexpected costs and opportunities.

We principally hold reserves to:

Reserves

The trustees have set optimal reserves at £3000.00.

The Reserves Policy is reviewed annually as part of our internal financial contro] systems.

Details of any deficit

Ullapool Sea Savers SCIO did not havea deficit.

APPROVAL

This report was approved by the trustees on the 18" of January 2026 and signed on their behalf by:

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Date
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Chairperson Ullapool Sea Savers SCIO — SC049213

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Ullapool Sea Savers SCIO — $C049213 INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

I report on the accounts of the charity for the period 1*t May 2024 to 30 April 2025 which are set out on pages 7-12.

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 Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity Trustees consider that the audit requirement of the Regulation 10(1) (d) 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 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 secks 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 and 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 following requirements have not been met: - To keep accounting records in accordance with Section44 (1) (a) or the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and - To prepare accounts with accord with the accounting record and comply with Regulation 9 of the 2006 Accounts Regulations.

  2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the Accounts to be reached.

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Ullapool Sea Savers SCIO Annual Report & Financial Statements For the period Ist May 2024 to 30" April 2025

STATEMENT OF RECEIPTS & PAYMENTS

2025 2025 2025 2024
£ £ £ £
Unrestricted Restricted Total Total
Receipts
Donations 2,245 6,990 9,235 9,505
Grants 500 45,758 46,258 40,716
Other other 0 0 0 178
GiftAid 454 1,650 2,104 1375
TOTALRECEIPTS 3,199 54,398 55,493 51,774
Payments
Charitable Activities 2,385 49,612 51,997 54,743
Fundraising costs 251 0 251 0
Governance
IE 320 0 320 440
TOTALPAYMENTS 2,956 49,612 52,568 55,183
Surplus/Deficitforperiod 243 4,786 2,925 -3,409

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Ullapool Sea Savers SCIO Annual Report & Financial Statements For the period Ist May 2024 to 30" April 2025

STATEMENT OF BALANCES

2025 2025 2025 2024
£ - £ £
Unrestricted Restricted Total Total
Opening AccountBalances
Balance as at 01 May 8,270 5,731 14,001 17,410
Surplus/Deficit 243 4,786 5,029 -3,409
Transfers -110 110
8,403 10,627 19,030 14,001
2025 2024
Cash Funds Value Value
Bank Balance as at 30 April Treas 3,774 4,555 8,329 14,001
Bank Balance as at30 April RBS 4,629 6,072 10,701 _
8,403 10,627 19,030 14,001
Liabilities
Independent Examination Fee 300 0 300 320
300 0 300 320

These accounts were approved by the Trustees on the 18" of January 2026 and signed on their behalf by:

Ullapool Sea Savers SCIO — $C049213

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Ullapool Sea Savers SCIO Annual Report & Financial Statements For the period Ist May 2024 to 30" April 2025

NOTES TO THE ACCOUNTS

1. Basis of Preparation

These accounts have been prepared on the Receipts and Payments basis in accordance with:

2. Fund Accounting

3. Taxation

a) The charity is not liable to corporation tax or capital gains tax on its charitable activities

b) The charity is not registered for VAT; thus, all costs are shown inclusive of VAT charged.

  1. Transactions with trustees and related parties

  2. a) No remuneration was paid to trustees, or any persons connected with them during the year (2024-2025:£nil)

  3. b) No travelling expenses were reimbursed to trustees this year or last annual period.

  4. c) There are no staff members or trustees who are paid.

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Ullapool Sea Savers SCIO Annual Report & Financial Statements For the period Ist May 2024 to 30" April 2025

NOTES TO THE ACCOUNTS cont’d

5. Donations

Unrestricted Unrestricted Restricted Total Total
Funds Funds 2025 2024
Restricted Donations 0 6,990 6,990 0
Misc Donations 2,245 0 2,245 9,505
2,245 6,990 9,235 9,505
Grants
Unrestricted Restricted Total Total
Funds Funds 2025 2024
Tesco Groundworks 0 375 375 1,125
National Heritage Lottery Fund 0 29,614 29,614 37,018
SeaChangers 0 3,950 3,950 1,920
Future Routes 0 4,650 4,650 0
The Highland Council 0 4,000 4,000 0
Foundation Scotland 0 3,000 3,000 0
Lochbroom Community Council 0 169 169 0
Foundation Scotland 500 0 500 0
Highlands and Islands ClimateFund 0 0 0 500
Scottish Wildlife 0 0 0 154
500 45,758 46,258 40,717

6. Grants

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Ullapool Sea Savers SCIO Annual Report & Financial Statements For the period Ist May 2024 to 30" April 2025

NOTES TO THE ACCOUNTS cont’d

7. CostofCharitable Activities Unrestricted Restricted Total Total
Funds Funds 2025 2024
Consultancy 223 30,263 30,486 34,251

Printing, Postage& Stationery
356 0 356 131
Website& Social Media 60 1,300 1,360 500
General Kit & Equipment 158 2,298 2,456 4,486
Food 22 670 692 481
Fuel 0 1,811 1,811 1,702

Insurance, Subs& Memberships
369 2.223 2,592 2,048
BoatExpenses 271 4,722 4,993 10,646
Events 705 2,800 3,505 0
Training costs 0 1,245 1,245 0

Finance& Administration
0 2,280 2,280 0
Sundries 221 0 221 498
2,385 49,612 51,997 54,743

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Ullapool Sea Savers SCIO Annual Report & Financial Statements For the period Ist May 2024 to 30" April 2025

NOTES TO THE ACCOUNTS cont’d

Movement in Funds

As at As at
01/05/2024 Receipts Payments Transfers 30/04/2025
£ £ £ £ £
Unrestricted Funds
General fund 8,270 3,199 2,957 (110) 8,402
Total unrestricted funds 8,270 3,199 2,957 (110) 8,402
Restricted Funds
LoveOur Seas Project 5,731 36,714 46,010 5 (3,560)
All Aboard Project 0 4,000 0 0 4,000
Blue LearningFund 0 3,000 91 0 2,909
GroundworksUK 0 375 0 (375) 0
Research Trip Fund 0 1,500 928 0 572
Hope Project 0 169 0 0 169

Donations& Grants small
0 8,640 2,582 480 6,538
Totalrestrictedfunds 5,731 54,398 49,611 110 10,628

Total restricted funds

Total Funds

14,001 57,597 52,568 0 19,030

Purpose of Funds

General Fund

Unrestricted funds for any charitable purpose

Restricted Fund

Restricted fund for restricted spending whether from Funder or fundraising

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