## Point Agricultural Society SCIO
Scottish Charity No – SC050098
Annual Report & Financial Statement From 1[st] Nov 2024 to 31[st] Oct 2025
## **Trustees’ Annual Report**
## **For the period of 1[st] Nov 2024 to 31st October 2025**
The trustees have pleasure in presenting their report together with the financial statements for the period from 1[st] Nov 2024 to 31st October 2025.
## **Reference and Administrative information**
## **Charity name**
Point Agricultural Society SCIO (otherwise known as PAS or Point Show)
## **Charity Number**
SC050098
## **Address**
C/0 8a Aird, Point, Isle of Lewis Hs2 0EU
## **Current Trustees**
Angela Jenkins Chair John Nicolson Secretary Cameron Cranston Treasurer
## **Structure, Governance and Management**
## **Constitution**
PAS is a Scottish Charitable Incorporated Organisation (SCIO). It was registered in its current legal form on 22[nd] April 2020. The charity was previously an unincorporated association but changed its legal form to a SCIO. The assets of the unincorporated association were considered transferred to the SCIO on the 22[nd] April 2020. It has a dual tier structure and Trustees are nominated from the open membership at the Annual General meeting.
## **Appointment of Trustees**
The management committee comprises of active members and the trustees. All residents over 18 years of age of the Point area of the Isle of Lewis are eligible to serve on the committee and be elected as a trustee.
Trustees are elected at a general meeting. There must a minimum of 3 and a maximum of 5 trustees. 2 additional trustees may be co-opted in terms of section 63 and 64 of the constitution.
## **Objectives & Activities**
## **Charitable purposes**
The organisation’s purposes are the advancement of education, the advancement of citizenship or community development and the advancement of the arts, heritage, culture or science by providing education in and promotion of agriculture, horticulture and craft skills through all age community involvement, to bring local people and business together through a range of inspiring events including the annual Point Show and to promote and celebrate rural heritage and a better understanding of food, farming/crofting and the countryside.
## **Activities & Performance**
The principal aim of the charity is to plan and run the annual Point Show held usually annually in July. In addition to that objective, the committee may plan and run ad hoc events throughout out the year in keeping with the main purposes of the organisation.
## **Financial & Operational Review**
The Trustees were pleased to again be able to hold the annual “Point Show” in July 2025. Following the disruption in activity due to the Coronavirus 19 pandemic in 2020 and 2021, subsequent years shows have all been successful, with the 2025 show again considered a success both from the level of community turnout on the day and the gross takings. Prices were kept as keen as possible and although some increases were necessary, such as refreshments and catering to reflect general inflation, an additional grant from our main sponsor, Point and Sandwick Trust (PST), allowed us to provide some of the side attractions such as the bouncy castles free to help family groups. In addition, the committee held an additional event of an evening ceilidh added to the day, with some of the cost of running this event covered by PST, with the overall net income being close to the previous year’s takings.
Further work was undertaking in and around the showground to continue year on year improvements. Although our shed with office capacity is operational, the cost of internal completion has been considerably higher than initially anticipated due to recent inflation on materials as well as meeting final planning conditions due to variations in spec during the build stage. The cost of this has largely been covered from grant assistance. As well as our regular sponsorship support from Point & Sandwick Trust through their community windfarm funding, they provided further grant assistance of £6.7k partly to allow us to
provide family attractions at zero cost and to pay for a main entertainment attraction for the show day as well as evening musical entertainment for the ceilidh. PAS were also awarded a grant of £19k from the annual round of Crown Estate funds for further upgrading of the showground equipment. Thanks also go to The Stornoway Trust for ongoing support of the Community Awards and our many regular and new supporters.
Our accounts show a modest reduction in unrestricted cash funds to £20.3k and an increase in restricted funds to £20,4k, mostly allocated for work within the scope of the Crown estate grant still to be carried out. The Trustees are satisfied that the PAS remains in a sound financial position.
## **Reserves & Asset Valuation Policy**
Largely the organisation would look to have as a minimum, sufficient funds to bankroll the upfront costs of staging an annual show for 2 consecutive years. Any additional surpluses would be retained or used for replacement of equipment and upgrading facilities.
Assets (fixed or stock in trade) are not routinely valued or revalued. Any figure given in accounts should be classed as notional only. All work carried out on the shed is shown on a cash spent basis.
## **Future Plans**
The principal objective of the trustees is to facilitate the annual Point Show, usually held in July. The Trustees would hope to continue planning the show as “business as usual” and perhaps being able to stage additional events using the completed shed in due course.
Cameron Cranston – Trustee – May 2026
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|||||||||||||Enter SC No.
||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||**Point Agricultural Society SCIO**|||||||||||~~b l~~
**SC 050098**||
|||**Receipts andpayments accounts**||||||||||||
||**For the period**
**from**|||Period sta
Mont|rt dat
h|e||Period||end date||||
||||Day|||Year|**to**|Day|Mo|nth|Year|||
||||1st|Nov||2024||31st|Oct||**2025**|||
|||||||||||||||
|**Section A Statement of r**|**eceipts and**||**payments**|||||||||||
||**Unrestricted**
**funds**||**Restricted**
**funds**||**Expendable**
**endowment**
**funds**|||**Permanent**
**endowment**
**funds**||**Total funds**
**current period**||**Total funds last**
**period**||
||**to nearest £**||**to nearest £**||**to nearest £**|||**to nearest £**||**to nearest £**||**to nearest £**||
|**A1 Receipts**||||||||||||||
|Grants|**3,500**||**23,936**|||||||**27,436**||**12,100**||
|Legacies||||||||||**-**||||
|Donations||||||||||**-**||||
|Receipts from fundraisingactivities||||||||||**-**||||
|Gross tradingreceipts|**10,348**|||||||||**10,348**||**12,019**||
|Bank interest|**329**|||||||||**329**||**237**||
|Tent & Equipment hire|**305**|||||||||**305**||**400**||
|Gross receipts from other charitable
activities||||||||||**-**||||
|||||||||||**-**||||
|**_A1 Sub total_**|**14,482**||**23,936**||**-**|||**-**||**38,418**||**24,756**||
|||||||||||||||
|**A2 Receipts from asset &**
**investment sales**||||||||||||||
|Proceeds from sale of fixed assets||||||||||**-**||**3,500**||
|Proceeds from sale of investments||||||||||**-**||||
|**_A2 Sub total_**|**-**||**-**||**-**|||**-**||**-**||**3,500**||
|**_Total receipts_ **|**14,482**||**23,936**||**-**|||**-**||**38,418**||**28,256**||
|||||||||||||||
|**A3 Payments**||||||||||||||
|Direct Show Costs|**7,553**||**2,500**|||||||**10,053**||**4,541**||
|Admin/indirect costs|**4,398**|||||||||**4,398**||**3,607**||
|Capital/Equipment expenditure|**3,150**||**2,200**|||||||**5,350**||**4,915**||
|Payments relating directly to
charitable activities||||||||||**-**||||
|Grants and donations|**581**|||||||||**581**||**900**||
|Governance costs:||||||||||**-**||||
|Audit / independent examination||||||||||**-**||||
|Preparation of annual accounts||||||||||**-**||||
|Legal costs||||||||||**-**||||
|Other||||||||||**-**||||
|||||||||||**-**||||
|**_A3 Sub total_ **|**15,682**||**4,700**||**-**|||**-**||**20,382**||**13,963**||
|||||||||||||||
|**A4 Payments relating to asset and**
**investment movements**||||||||||||||
|Purchases of fixed assets|||**4,732**|||||||**4,732**||**2,598**||
|Purchase of investments||||||||||**-**||||
|**_A4 Sub total_ **|**-**||**4,732**||**-**|||**-**||**4,732**||**2,598**||
|||||||||||||||
|**_Totalpayments_ **|**15,682**||**9,432**||**-**|||**-**||**25,114**||**16,561**||
|||||||||||||||
|**_Net receipts / (payments)_**|**1,200)**
**(**||**14,504**||**-**|||**-**||**13,304**||**11,695**||
|||||||||||||||
|**A5 Transfers to / (from) funds**||||||||||**-**||||
|||||||||||||||
|**_Surplus / (deficit) for year_**|**1,200)**
**(**||**14,504**||**-**|||**-**||**13,304**||**11,695**||
|||||||||||||||
**Point Agricultural Society SCIO SC 050098 Section B Statement of balances**
|**Categories**|**Details**|**Details**|**Details**|**Unrestricted**
**funds**|**Restricted funds**|**Expendable**
**endowment**
**funds**|**Permanent**
**endowment**
**funds**|**Total current**
**period**|**Total last**
**period**|
|---|---|---|---|---|---|---|---|---|---|
|||||**to nearest £**|**to nearest £**|**to nearest £**|**to nearest £**|**to nearest £**|**to nearest £**|
|**B1 Cash funds**|Cash and bank balances at start of year|||**21,518**|**5,956**|||**27,474**|**15,779**|
||Surplus / (deficit) shown on receipts
andpayments account|||**1,200)**
**(**|**14,504**|||**13,304**|**11,695**|
|||||||||**-**||
|||||||||**-**||
||**Cash and bank balances at end of**
**year**|||**20,318**|**20,460**|**-**|**-**|**40,778**|**27,474**|
||(Agree balances with receipts and payments
account(s))|||-|-|-|-|-|-|
|||||||||||
||**Details**|||||**Fund to which**|**asset belongs**|**Market valuation**|**Last year**|
|||||||||**to nearest £**|**to nearest £**|
|**B2 Investments**||||||||||
|||||||||||
|||||||||||
|||||||||||
|||||||||||
||||||||**Total**|**-**|
**-**|
|||||||||||
||**Details**||||**Fund to which**|**asset belongs**|**Cost (if available)**|**Current value (if**
**available)**|**Last year**|
||||||||**to nearest £**|**to nearest £**|**to nearest £**|
|**B3 Other assets**|Containers-estimate value||||general|||**3,000**|**3,000**|
||Equipment-notional value||||general||**2,000**|**7,000**|**5,000**|
||Agricultural shed-cost value||||general||**4,732**|**128,288**|**123,556**|
|||||||||||
|||||||||||
|||||||||||
|||||||||||
|||||||||||
|||||||||||
|||||||**Total**|**6,732**|**138,288**|**131,556**|
|||||||||||
||**Details**|||||**Fund to which l**|**iability relates**|**Amount due**|**Last year**|
|||||||||**to nearest £**|**to nearest £**|
|**B4 Liabilities**||||||||||
|||||||||||
|||||||||||
|||||||||||
|||||||||||
||||||||**Total**|**-**|**-**|
|||||||||||
||**Details**|||||**Fund to which l**|**iability relates**|**Amount due**
**(estimate)**|**Last year**|
|||||||||**to nearest £**|**to nearest £**|
|**B5 Contingent liabilities**||||||||||
|||||||||||
|||||||||||
||||||||**Total**|**-**|
**-**|
|||||||||||
|**Signed by one or two trustees**
**on behalf of all the trustees**|**Signature**|||||**Print Name**|||**Date of**
**approval**|
||electronically submitted|||||Cameron|Cranston||26th May2026|
|||||||||||
|||||||||||
## **APPENDIX 3**
## **’ Independent examiner s report on the accounts V2**
||**Independent examiner’s report on the accountsV2**|**Independent examiner’s report on the accountsV2**|
|---|---|---|
|**Report to the**
**trustees/members of**
**Registered charity**
**number**
**On the accounts of the**
**charity for the period**
**Set out on pages**
**Respective**
**responsibilities of**
**trustees and examiner**
**Basis of independent**
**examiner’s statement**
**Independent examiner’s**
**statement**
**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**|Charity name
Point Agricultural Society SCIO||
||**SC050098**||
||Period start date
Period end date||
||Day
Month
Year
Day|Month
Year|
||**1st**
**Nov**
**2024**
**to**
**31st**|**Oct**
**2025**|
||1-3|(remember to include the page
numbers of additional sheets)|
||||
||The charity’s trustees are responsible for the preparation of the accounts in accordance
with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees
consider that the audit requirement of 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 and to state whether particular matters have come to my attention.||
||My examination is carried out in accordance with Regulation 11 of the 2006 Accounts
Regulations. 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 viewgiven bythe accounts.||
||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 accounting records in accordance with section 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, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.||
||**Date:**
`25/05/26`||
||`Elaine Mackenzie`||
||`CPFA (Chartered Public Finance Accountant)`||
||`32C Upper Aird`||
||`Point`||
||`Isle of Lewis`||
||`HS2 0EX`||
*Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the following page.
## **APPENDIX 3**
## **Disclosure section**
Only complete if the examiner needs to highlight material problems.
**Give here brief details of any items that the examiner wishes to disclose**
```
N/A
```