AULTBEA COMMUNITY HUB Scottish Charity: $C049741
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Trustees’ Annual Report & Financial Statements
for the Period Ended 31 December 2025
Alliah Hamid Swan Accountants Studio 205, Embroidery Mill Abbey Mill Business Centre Paisley, PA1 1TJ
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AULTBEA COMMUNITY HUB (SCIO)
$C049741
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TRUSTEES’ ANNUAL REPORT and FINANCIAL STATEMENTS For the period ended 31 December 2025
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| CONTENTS | PAGE |
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| Trustees’ Annual Report | 3 |
| Independent Examiner’s Report | 5 |
| Profit& LossAccount | 6 |
| Statement of Balances | 7 |
| NotestotheAccounts | 8 |
| TangibleFixedAssetsRegister | 9 |
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AULTBEA COMMUNITY HUB (SCIO)
$C049741
TRUSTEES ANNUAL REPORT
For the year period 31 December2025
i The trustees present their annual report and financial statements for the period ended 31 December 2025, along with the independent examiner’s report.
Aultbea Community Hub (SCIO) is a charity registered with the Office of the Scottish Charity Regulator (OSCR), charity number SC049741.
Trustees
The Trustees who served during the period and were in office on 31°t December 2025 were.
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Roger Kendall (Treasurer) Michael Leng : Stanley Miller (Chair/Secretary) David Weekes John Wood
Structure, Governance and Management The Charity is governed by its constitution.
Objectives and Activities The objectives of the charity are:
The advancement of citizenship or community development,
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The advancement of the arts, heritage, and culture, The provision of recreational facilities. with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended.
Achievements and Performance
All activities continued during the year, including the continuation of the Craft Club, Indoor Bowls, Community Café and Quiz Nights.
3 Lochs Cinema provided eight films and an Indoor Firework Display.
Live entertainment was incorporated into the annual Burns Night Supper. Funding was secured to run a series of events to celebrate the 80‘ Anniversary of VJ Day and the ending of WWII. This included an activity morning for the two Primary Schools in the area whereby they were able to get an insight into what it was like to be a school child during WWII by hearing stories from those who lived at that time, sampling WWII rations, having a hands on experience of WWII equipment and being able to build a WWII Model aircraft. A talk was given by members of the Russian Arctic Convoy Museum of a survival ina life raft prior the showing of the film ‘In Which We Serve’. The final event was an afternoon concert by the Inverness Military Wives Choir. Three tabletop sales were organised to raise additional funds for the redevelopment project.
The Trustees secured funding for the re-development of the building, which will include the installation of Solar Panels, Air Source Heat Pumps, Double Glazing, and roof and Under Floor Insulation. This will significantly improve comfort for those using the building, reduce energy costs and improve our green credentials. These improvements to the heating and insulation will all be installed during 2026.
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| Stanley Miller, Chairperson |1 | | Date: \27 \2 \2b | }
Part of taking the project forward is a plan to extend the car-parking area. A portion of the land between the Church and the main road (A832) was successfully purchased during the year. Work has been started on the extended car park to improve the drainage. The Trustees are currently seeking funding to be able to complete the work.
Statement of Risk
Insurances have been updated in line with development. The Trustees have assessed the major risks to which the charity is exposed, those related to the operations and finances of the charity and are satisfied that systems are in place to mitigate the exposure to major risks.
Financial Review
These fully accrued accounts are prepared in accordance with the methods and principles of the Accounting and Reporting by Charities: Statement of Recommended Practice (the SORP). Income from donations and grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
3 Lochs Cinema remains as a restricted fund within the Aultbea Community Hub accounts. Totals of £8,157 was raised for general funds and £31,927 including grants was received for restricted funds during the period. General funds include income from Hall Hire, fund-raising, donations, rentals and bank interest. Payments in the period amounted to £16,285 in general funds and £49,410 in restricted funds, resulting in a deficit of £8,128 in general funds and a deficit of £17,483 in restricted funds as compared to an overall deficit of £17,743 in the previous year.
As of 31 December 2025, the charity held total reserves of £106,987 of which £77,530 are held in fixed assets and £29,457 in current assets in general and restricted funds.
In the view of the Trustees, the charity has sufficient unrestricted reserves to continue to operate for the foreseeable future.
Approved by the Trustees and signed on their behalf by:
Stanley Miller, Chairperson
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2nd March 2026
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$C049741
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AULTBEA COMMUNITY HUB
PROFIT & LOSS STATEMENT
For the period ended 31 December 2025
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|2025|2025|2025|2024|
|Unrestricted|Restricted|Total|Total|
|Notes|£|£|£|£|
|INCOME|
|Grants|1|-|30,919|30,919|27,921|
|Hall|Hire|3,150|-|3,150|3,796|
|Fundraising|2,540|-|2,540|4,279|
|Donations|7|402|-|402|381|
|Charity|Donations|6|-|-|-|182|
|Rental|Income|1,650|-|1,650|1,530|
|Bank|Interest|415|-|415|441|
|3|Loch|Cinema|2|-|1,008|1,008|1,025|
|8,157|31,927|40,084|39,555|
|EXPENDITURE|
|Project|Development|2|5,303|41,043|46,346|8,687|
|Maintenance|2,458|-|2,458|783|
|Insurance|1,137|-|1,137|188|
|Fundraising|Costs|356|-|356|1,724|
|Electricity|4,917|-|4,917|3,049|
|Website|&|Internet|414|-|414|404|
|Professional|Fees|770|389|1,159|2,099|
|3|Lochs Cinema|Costs|2|-|1,038|1,038|1,485|
|VJ|Day|Events|2|-|2,650|2,650|-|
|Admin|Costs|66|-|66|59|
|Charity|Donations|6|-|-|-|182|
|Fixed|Asset|Sales|8|76|2,690|2,766|-|
|Depreciation|8|731|1,600|2,381|3,142|
|Bank/Credit|Charges|7|-|7|10|
|16,285|49,410|65,695|21,812|
|Profit/(Loss)|for the|period|(8,128)|(17,483)|(25,611)|17,743|
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- AULTBEA COMMUNITY COMMUNITY HUB BALANCE SHEET
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AULTBEA COMMUNITY COMMUNITY HUB
$C049741
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As at 31 December 2025
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|‘Notes|-—s*Unrestricted|=Restricted©|Total|—“‘Total|
|2025|2024|
|£|£|£|
|FIXED|ASSETS|
|Freehold|Property|8|-|75,600|75,600|67,200|
|Furniture|&|Fixtures|8|1,930|-|1,930|644|
|Social|Cinema|Equipment|8|-|-|-|2,689|
|1,930|75,600|77,530|70,533|
|CURRENT|ASSETS|
|Cash|at|Bank|2,674|-|2,674|5,201|
|Savings|Account|-(4,404)|32,299|27,895|56,807|
|Prepayments|1,001|-|1,001|941|
|Debtors|3|117|-|117|108|
|TOTAL CURRENT ASSETS|-(612)|32,299|31,687|63,057|
|CURRENT|LIABILITIES|
|Accruals|5|350|-|350|859|
|Deferred|Income|5|133|-|133|133|
|Creditors|4|1,747|-|1,747|-|
|TOTAL CURRENT|LIABILITIES|2,230|-|2,230|992|
|NET CURRENT ASSETS|-(2,842)|32,299|29,457|62,065|
|TOTAL NET ASSETS|-(912)|107,899|106,987|132,598|
|FUNDS|
|Balance|B/f @ 01.01.25(24)|7,216|125,382|132,598|113,510|
|Profit/Loss for period|-(8,128)|(17,483)|(25,611)|17,743|
|Prior Year Adjustment|-|-|-|1,345|
|Balance|C/f @ 31.12.25(23)|-(912)|107,899|106,987|132,598|
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These accounts were approved by the Trustees and signed on their behalf by.
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Roger W Kendall — Treasurer and Trustee
Date - \2.]2 | Zl.
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AULTBEA COMMUNITY HUB NOTES TO THE ACCOUNTS
$C049741
For the year ended 31 December 2025
1. Grants Receivable
| Grants Receivable | ||||||
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| Scottish Land Fund | - | £10,029 | - | |||
| Awardsfor All | - | £2,650 | ||||
| Highland Council | - | £1,500 | ||||
| Local Energy Fund | - | £16,741 | ||||
| Total | - | £30,919 | ||||
| Restricted Funds | ||||||
| 3 Lochs Cinema | £2,914 | £1,008 | £1,038 | £2,884 | ||
| Scottish Larid FundStage | II | po. | £10,029 | £10,029 | ||
| Scottish&Southern Energy Network |
£20,000 | £13,137 | £6,863 | |||
| ProjectDevelopmentFund | £30,000 po- | HighlandCouncil |
. | £1,500 LocalEnergyFund |
- | €16,741 |
2. Restricted Funds
£
3. Debtors
Croft Fresh Café - £117
4. Creditors
EDF £1,747
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Accruals & Deferred Income Professional Fees - £350 RM Rental Income - £133
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Charity Donations
No donations were made to other charities during the year.
7. Other Donations
Donations from various donors for the general expenses of the charity were recorded in General Funds.
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8. Tangible Fixed Assets Register
| Property Social Cinema Fixtures& |
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| Fittings | |
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| 2024 |
Property is depreciated at 2% per annum straight line Other assets are depreciated at 25% per annum straight line
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