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← Cultarlann Inbhir Nis

2026-02-28-accounts

Charity number SC050549 Company Number SC653865

Cultarlann Inbhir Nis

(A company limited by guarantee)

Directors’ Report and Financial Statements

For the year ended 28" February 2025

Cultarlann Inbhir Nis (A company Limited by guarantee)

Reference and administrative information

Charity Number SC050549
Company Registration Number SC653865
Registered Office 16 Glenburn Drive
Inverness
Scotland
IV2 4ND
Country ofOrigin UK
Trustees David Iain Boag
Gwen Bowie
Murdo Campbell
Michael William Danson
Alasdair Donald Livingstone Forbes
Alan John MacBeth (Resigned 9" February 2025)
Norman MacLennan
Margaret Mulholland
; Emily Murchison-MacDonald (Resigned 23"May 2025)
Jain Campbell (Appointed 16" September2025)
NorrieMacLennan (Appointed 16"* September 2025, Resigned 16‘ September 2025)
Company Secretary Gwen Bowie
Accountants Nevis Accountancy Services Limited
Office 6
; An Drochaid
: Claggan Road
Claggan
Fort William
PH33 6PH
Bankers The Co-Operative Bank
1 Balloon Street
Manchester
M44BE

2

SP ESE SR EE SS

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Cultarlann Inbhir Nis

(A company Limited by guarantee)

Report of the directors (incorporating the trustees’ report) For the year ended 28" February 2025

The directors present their report and the financial statements for the year ended 28" February 2025. The directors who are also trustees of Cultarlann Inbhir Nis for the purpose of charity law and who served during the year and up to the date of this report are set out on Page 1.

Structure, Governance and Management

The charity is constituted as a company limited by guarantee and is governed by its Memorandum and Articles of Association.

The methods used to recruit and appoint new charity trustees are identified in the Memorandum and Articles of Association.

The Company became incorporated on 7" February 2020 as a company limited by guarantee as Cultarlann Inbhir Nis Limited and changed its name to Cultarlann Inbhir Nis on 7" October 2020. It was registered as a charity on 29" October 2020.

The company currently has a membership comprising private individuals but could also include organisations. Management and operation of the company are carried out by the board ofdirectors (trustees). The directors, who must be members of the company, are elected by the members at each annual general meeting.

Reference and Administrative Details

The name ofthe charity is Cultarlann Inbhir Nis. The name ofthe charity is Cultarlann Inbhir Nis. Its Charity number is SC050549 andCompany Number is SC653865.
The address ofthe principal office and the address ofits registered office is: 16 Glenburn Drive, Inverness, Scotland, [V2
Thenames ofthe charity’s trustees as at this report dateorwho served asa trustee in the reporting period are as follows:
David Iain Boag
Gwen Bowie
Murdo Campbell
Michael William Danson
Alasdair Donald Livingstone Forbes
Alan John MacBeth (Resigned 9" February 2025)
Norman MacLennan
Margaret Mulholland
Emily Murchison-MacDonald (Resigned 23"!May 2025)
lain Campbell (Appointed 16" September2025)
NorrieMacLennan (Appointed16'"September2025,Resigned16"September2025)

The address of the principal office and the address of its registered office is: 16 Glenburn Drive, Inverness, Scotland, [V2 4ND.

The names of the charity’s trustees as at this report date or who served as a trustee in the reporting period are as follows:

Objectives and Activities

In accordance with its Articles of Association, the company's objects are the advancement of education, of the arts, heritage and culture and of community development through the advancement, promotion and development of activities associated with the Gaelic language, Gaelic education, arts and cultural heritage among Gaelic speakers and learners and the general public of Inverness, the Highlands and Islands and its environs in Scotland. In pursuance of the objects, the company has the power to acquire, develop and operate a Gaelic cultural centre in Inverness and to promote and provide for the public benefit a range of socio-economic and linguistic activities, outputs and outcomes associated with the language, arts and cultural heritage of Scottish Gaelic.

Achievements and Performance

See Chair’s report.

Financial Review

The financial position at the end of the year is total income of £288,403 and total expenditure of £249,503 resulting in a surplus of £38,899.

Looking forward, much of the charity’s planned programme of activities will be funded from specific grants. However, the trustees recognise the need to build up unrestricted fund reserves in the future to ensure that activities not covered under grant programmes are adequately funded. The companys Reserves Policy is to ensure that enough funds are held to cover at least six months unrestricted net expenditure. At the end of this year there was £27,739 held in unrestricted funds which would cover around two years assuming the same spend. The trustees, therefore, do not have any uncertainties about the charity’s ability to continue as a going concern.

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Cultartean labbir Nis (A coenpany Limited by guarantoc)

Report of the directors (incorporating the trextees’ report) continued Yor the year ended 2%" February 2924

:

Risk management

The tewstees have assessed the muagor risks to whach the company is expased, in particular those related to the operations and finances of a charitable company and are satisfied that systems are in place to mitigate the company's exposure to such risks

Exemptionsfrom Disclosure

There are no exemptions from disclosure

Funds held as custodian Trustee on behalf of others

Cultarlann Inbbir Nis does not hold fands as a cemodian Trustee on behalf of others

Statement of Directors’ Kesponsibilities

The darectors (who are also the wustecs of Cultathann lobby Nis under charity law) arc respomsible for preparing the Trustees’ Aaaual Report

Company low requires the directors to peepare financial statements for cach finencial period which give a true and fiir view of the state of affairs of the charitable company and of the incoming resources and application of resources, incheding the income and expenditure, of the charitable company for that poriod. in preparing these financial statements, the directors are required to: -

the charitable company and which enable them to encure thet the financial statements comply with the Companies Act 2006, the Charities and Trustee Investnent (Scotland) Act 2005, and the Charitics Accounts (Scotland) Regulations 2006 (as amended), FRS 102 (cffoctive Jaamary 2016) and the provisions of the trust dood. They arc also responsible for ealoguarding the asacts of the charitable company and bonce for taking resonable steps for the prevention and detoctios of fraad and other wrogularitics Sarah Kennedy PMAAT POCA of Nevis Accountancy Services was doomed to be appoamtod as independent cxaminer and the directors recommend that Sarah Kennody FMAAT POCA remains in office until further notice.

Small Company provisions

thes report has been prepercd in accordance with the special provisions for small companies ander Pari 15 of the Companics Act 2006. This repoct wes approved by the Board and sypacd on ats bobalf by:~

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Mando Campbell Date: bho March 2026
Director
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TTLO LT DDN LLL LOL NEL LLL NLL LLLLOLI Page4

Cultarlann Inbhir Nis (A company Limited by guarantee)

Independent examiner’s report to the trustees on the unaudited financial statements of Cultarlann Inbhir Nis

I report on the financial statements of the charity for the year ended 28" February 2025 which are set out on pages 6 to 14 and comprise the statement of financial activities, the balance sheet and the related notes. These financial statements have been prepared in accordance with the Financial Reporting Standard FRS102 (effective January 2016), under the historical cost convention and the accounting policies set out therein.

Respective responsibilities of trustees and independent examiner

The charity’s trustees (who are also the directors of the company for the purposes of company law) 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 2006 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 was 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 connection with my examination, no matter has come to my attention

have not been met, or

(ii) 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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Nevis Accountancy Services Limited

Office 6 An Drochaid Claggan Road Claggan Fort William PH33 6PH

Date:©) | ‘March 2026

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Cultarlann Inbhir Nis (A company limited by guarantee)

Statement of financial activities (incorporating the income and expenditure account) For the year to 28 February 2025

2025 2024
Unrestricted Restricted Total Total
Funds Funds Funds Funds
Note £ £ £ £
Income and endowments from:
Donations and legacies 2 14,629 4,554 19,183 38,983
Charitable activities for generating funds 3 22,123 - 22,723 5,700
Charitable activities - grants 4 - 246,496 246,496 210,247
Other trading activities 5 - - - -
Investments 6 - - - -
Other - - - -
Total Income 37,352 251,050 288,403 254,930
Expenditure on:
Raising funds 7 4 146 150 906
Charitable activities 8 14,434 232,774 247,208 14,763
Other - support costs 9 6 2,140 2,146 17,163
Tax on activities 11 - - - -
Total expenditure
_		 14,443 235,060 249,503 32,831
Net income/(expenditure) for the year 22,909 15,991 38,899 222,099
Transfers between funds (4,900) 4,900 - -
18,009 20,891 38,899 222,099
Other recognised gains/(losses):
Gains/(losses) on revaluatoin offixed assets - - - -
Actuarial gains/(losses) on defined - 7 - 7
benefit pension schemes
Other gains/(losses) 5 - = -
Net movement in funds 18,009 20,891 38,899 222,099
Reconciliation of funds:
Total funds brought forward 9,730 254,356 264,086 41,987
Totalfundscarriedforward 27,739 275,246 302,985 264,086

The notes on pages 9 to 14 form part of these financial statements (aa Page 6

Cultarlann Inbhir Nis Company No SC168923 (A company limited by guarantee)

Balance sheet as at 28'" February 2025

2025 2024
Total Funds Total Funds
Note £ £
Fixed Assets:
Intangible assets - -
Tangible assets 12 240,348 233,650
Heritage assets - -
Investments - -
Totalfixedassets 240,348 233,650
Current assets:
Stocks 13 - -
Debtors 14 44,257 4,709
Investments - -
Cash at bank and in hand 25,522 27,404
Total current assets 69,779 32,113
Liabilities:
Creditors: Amounts fallingdue within one year 15 7,141 1,678
Net current assets or liabilities 62.637 30,436
Total assets less current liabilities 302,985 264,086
Creditors: Amounts fallingdue after more than one year - -
Provisions for liabilities - -
Net asset or liabilities excludingpension asset or liability - -
Defined benefit pension scheme asset or liability - -
Total net assets or liabilities 302,985 264,086
The funds ofthe charity:
Endowment funds - -
Restricted income funds 275,246 254,356
Total restrictedfunds 16 275,246 254,356
Unrestricted funds 27,739 9,730
Revaluation reserve " .
Pension reserve - -
Totalunrestrictedfunds 17 27,739 9,730
Totalcharityfunds 18 302,985 264,086

The notes on pages 9 to 14 form part of these financial statements

Te

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Cuttariann Inbhir Nix CompanyNo SC168923 {A company lienited by taaranter)

Directors’ statements required by Section 477 of the Companies Act 2606 for the year ended 28° February 2025

la approving these financial statements a3 dircctors of the company we hereby coafinn:

These financial statements are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 rclaung to small companies and ia accordance with the Financial Reporting Standard FRS102 (effective January 2016)

The financial statements were approved by the Board and signed on its behalf by.

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Director
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pac. 1 search 2026

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The notes on pages 9 to 14 form part of these financial statements

_PEeee ERS TTT Page&

Cultarlann Inbhir Nis (A company limited by guarantee)

Notes to the financial statements

1.3

1.5

For the year ended 28" February 2025

  1. Accounting Policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year. There are no material uncertainties about the charity’s ability to continue. The charity is a public benefit entity.

1.1 Basis of Accounting

These financial statements have been prepared in accordance with the 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 the Republic of Ireland (FRS 102 effective 1 January 2015), the Charities Statement of Recommended Practice (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Companies Act 2006.

Assets and Liabilities are initially recognised at historical cost or transaction valued unless otherwise stated.

The presentation currency of these accounts is in pounds sterling.

1.2 Income recognition policies

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:-

Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.

Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.

Income from investments is included in the year in which it is receivable.

Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.

Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

1.4

Fund Accounting

Unrestricted funds are those available to use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds are those unrestricted funds which have been set aside by trustees for an essential spend or future purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates calculated to write off the cost of each asset over its expected useful life as follows:

Land and Buildings Straight Line over 50 years Plant and Machinery 25% Straight Line Fixtures, fittings and equipment 20% Straight Line

1.6

Stocks

The accounting policy adopted in measuring the value of stocks was the lower of cost or net realisable value.

SR eee

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Cultarlann Inbhir Nis (A company limited by guarantee)

Notes to the financial statements Continued

For the year ended 28" February 2025

1.7 Taxation

The charitable company is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. The charity is not registered for VAT and resources expended therefore include irrecoverable input VAT.

2 Donations and legacies

2
Donations and legacies
2025 2024
Unrestricted Restricted Total Total
Funds Funds Funds Funds
£ 5 £ £
General donations 13,879 4,554 18,433 29,440
Donations to Cultarlann Building Fund - - - -
Gift Aid recoverable— Cultarlann Building Fund - - - 9,138
Membership fees 750 - 750 405
14.629 4.554 19.183 38.983
3
Charitable activities for generating funds
2025 2024
Unrestricted Restricted Total Total
Funds Funds Funds Funds
£ £ £ a
Let Income 11,383 - 11,383 -
Training Courses . 11,340 - 11,340 5,700
Gaelic bus tour income - : - :
22.723 - 22,723 5.700
4
Charitable activities - grants
2025 2024
Unrestricted Restricted Total Total
Funds Funds Funds Funds
£ £ £ £
Bord na Gaidhlig— Building Momentum Fund - 32,500 32,500 4,000
National Lottery— furniture - 2,275 2,275 7,500
Bordna Gaidhlig—Taic Freumhan—Project Viability - - - 9,948
HIE - Cultarlann Building Fund—Togalach - 183,709 183,709 178,800
The Highland Council
—Common Good Fund—Togalach		 - - - 9,999
First Por— building repairs - 5,000 5,000 -
Willliam Syson Foundation - Mairievore Project - 4,000 4,000 -
Gaelic Society—Mairievore Project - 1,000 1,000 -
Highlands& Islands— stage& equipment - 9,037 9,037 -
Scottish Government—equipment - 3,125 3,125 -
Wales Project - 1,850 1,850 -
Bord na Gaidhlig— Cofaidh is Cabadaich - 4,000 4,000 -
- 246.496 246.496 210,247
5
Other trading activities		 ‘
2025 2024
Unrestricted Restricted Total Total
Funds Funds Funds Funds
£ £ £ £
ChristmasFairsales Gs - - -

a Page 10

Cultarlann Inbhir Nis (A company limited by guarantee)

Notes to the financial statements Continued

For the year ended 28" February 2025

6 Investment Income

2025 2024
L £
Interest receivable - -
7 Expenditure for Raising funds
2025 2024
Unrestricted Restricted Total Total
Funds Funds Funds Funds
L £ £ £
Purchase ofgoods - - - -
Crowdfunder transaction fees 4 146 150 906
____4 ___146 __150 ___ 906
8 Expenditure for Charitable activities
2025 2024
Unrestricted Restricted Total Total
Funds Funds Funds Funds
Accommodation - - - 250
Advertising - 3,420 3,420 85
Bank fees, commission - - - 20
Cleaning 192 - 192 356
Website 45 - 45 60
Repairs and Maintenance 8,808 193,676 202,484 934
Room Hire - - - 1,672
Insurances 77 9,225 9,302 75
Subcontractors 4,543 8,592 13,135 2,250
Subscriptions 88 - 88 16
Sundries ; 276 1,530 1,805 40
;
Equipment expensed - 3,090 3,090 4,236
Depreciation - 7,635 7,635 4.768
Telephone 155 - 155 -
Travel 250 - 250 -
Utilities - 5,606 5,606 -
14,434 232,774 247,208 14,763
9 Expenditure for Other costs - Support costs
2025 2024
Unrestricted Restricted, Total Total
Funds Funds Funds Funds
£ £ £ £
IndependentExamination - 500 500 600
Accountancy Services 6 1,640 1,646 600
Legal& professional fees - - - 15.963
6 2.140 2.146 17,163

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Cultarlann Inbhir Nis (A company limited by guarantee)

Notes to the financial statements Continued For the year ended 28" February 2025

10
Employees
Employment costs: 2025 2024
£ £
Wages and Salaries - -
Social Security Costs - -
Employer’s Pension contribution = *
Other employee benefits - -
Directors received emoluments of£Nil during the year (2024 £Nil)
Number ofemployees
The average monthly number ofemployees during the year, was as follows: 2025 2024
Number Number

No employees received employee benefits (excluding employer pension costs) of more than £60,000. The key management personnel of the charity are the Directors. The total employee benefits of the key management personnel are £Nil (2024: £Nil).

11 Taxation

The charity’s activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 2010. Accordingly, there is no taxation charge in these accounts.

12 Tangible Fixed Assets

.
CostorValuation		 Land&
Buildings		 Plant&
Machinery		 Plant&
Machinery		 .
Total
£ £ £
At 1* March 2024 238,419 - 238,419
Additions - 14,333 14,333
Disposals ; - -
. Revaluations - - -
Transfers - - -
At 28th February 2025 238,419 14,333 252,752
Depreciation and impairments
At Ist March 2024 4,768 - 4,768
Disposals - - -
Charge for the period 4,768 2,867 7,635
Impairment - - -
Transfers - : - a
At 28th February 2025 9.537 2,867 12,403
Net book value
At Ist March 2024 233,650 - 233,650
At 28th February 2025 228,882 11,467 240,348
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Cultarlann Inbhir Nis (A company limited by guarantee)

Notes to the financial statements Continued For the year ended 28" February 2025

13. Stocks

The carrying amount of stocks was £Nil. There was no amount of stocks recognised as an expense. There were no charges for impairment.

14
Debtors
Amounts falling due within one year: 2025 2024
£ £
Trade Debtors - -
Amounts owed by group and associated undertakings - -
Prepayments and accrued income 4,664 4,709
Other debtors 39,593 -
44.257 4.709
15
Creditors
Amounts falling due within one year: 2025 2024
£ £
Accruals for grants payable - -
Bank loans and overdrafts - =
Trade creditors 5,224 -
Amounts owed to group and associated undertakings -
Payments received on account for contracts or performance-related grants - -
Accruals and deferred income 1,917 1,678
Taxation and social security - -
Other Creditors - -
7141 1,678
16
Restricted Funds
At At
1st March Incoming Outgoing Transfers 28" February
2024 2025
. £ £ £ £ £
Building Momentum Fund 3,228 32,500 (23,701) - 12,027
Cofaidh Is Cabadaich - 4,000 (3,084) - 916
Renovations Fund - 188,709 (192,483) 3,774 -
Mairi Mhor Project - 5,000 (1,666) - 3,334
Stage& Equipment - 12,163 (2.453) 101 9,811
National Lottery—Furniture 3,264 2,275 (4,587) 702 1,654
Wales Project - 1.850 (2,172) 322 -
Cultarlann Building Fund 247,864 4,554 (4,914) - 247,504
Total 254.356 251,050 (235.060) 4.900 275.246

Building Momentum Fund — this fund comprises grant assistance from Bord na Gaidhlig towards funding specific aspects of the charity’s operations, including engaging an Activities Officer, engaging a Social Media Officer, creating a fully bi-lingual website, running a Gaelic Immersion Course and conversation circles, identifying suitable property or land for establishing a Gaelic Centre, carrying out a valuation therefore, and maintaining good governance etc. Cofaidh Is Cabadaich Fund — this fund is for running the Saturday events. Renovations Fund — this fund is for essential repairs and the renovation of the building. Mairi Mhor Project Fund — this fund is to commission an artwork to commemorate Mairi Mhor nan Oran. Stage & Equipment Fund — this fund was to purchase a portable stage and associated equipment. National Lottery Fund - to pay for furniture in the building. Wales Project Fund — this fund is to pay for research on the Welsh language.

The Cultarlann Building Fund — this fund comprises donations from the general public towards the Cultarlann Building Fund (Togalach) and includes donations via a Crowdfunder campaign, other donations and gift aid recoverable.

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Cultarlann Inbhir Nis

(A company limited by guarantee)

Notes to the financial statements Continued For the year ended 28" February 2025

17 Unrestricted Funds

17
Unrestricted Funds
At At
1stMarch Incoming Outgoing Transfers 28" February
2024 2025
£ £ £ £ £
Unrestricted Funds 9,730 37,352 (14,443) (4,900) 27.739
18
Analysis ofnet assets between funds
Unrestricted Restricted
Funds Funds Total
Fund balances at28" February 2025 are represented by: £ it £
Fixed assets - 240,348 240,348
Current assets 34,880 34,898 69.778
Current liabilities (7,141) - (7.141)
27.739 275,246 302,985

19 Company limited by guarantee

Cultarlann Inbhir Nis is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be required, not exceeding £1, to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

20 Directors’ expenses

2 directors were reimbursed for expenses during the year totalling £175.88. (2024 — 3 directors £356.42).

21 Financial Commitments

At 28" February 2025 the company has no annual commitments under non-cancellable operating leases (2024 - £Nil).

22 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.

23 Related Party Transactions

During the year, a total of £721.20 (2024 - £330) was made as membership, donations and event income to the charity by the trustees. There are no outstanding balances due to or from related parties as at the year end (2024 - £Nil).

24 Control of the Company

The company is controlled by the Trustees.

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