REGISTERED COMPANY NUMBER.. SC051702 {Scotland) REGISTERED CHARITY NUMBER: CSOO5704 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 FOR DUTHAC CENTRE Goldwells Ltd l O Knocklyeck Street Tain Ross-shire IV19 IBJ
DUTHAC CENTRE CONTENTS OF THE FINANCIAL STATEMENTS FOR TIIE YEAR ENDEI) JIST MARCH 2n25 Pige Report of the Truste¢s Indtpendent Ex#mlner'$ Report Stalement of Flnanclal Actlvlties B8ln¢e Sheet Notes to the Financl81 Stat¢ments De¢8lled Slatemenl of Finncial A¢livilies
DUTHACCENTRE REPORT OFTHE TRUSTEE5 FOR THE YEAR ENDED 31sr MARCH 2023 The tiustees who aljo dirfftors of the Chlty for the purpoJ¢J of the Compani¢J A¢t 2LN)6, present their repK)rt with the financial statements of the ch&rity for the yeat ended 31 gt MArch 202J. The truJte¢J have adopted Ihe provisions of Accountiftg and Reportin8 by Charilies.. Slotemenl of Recommended Prnclice applicable to chariliey preparing their attounts in accordance with the Flnanciol R¢portin8 sthndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing documenl The chrity is controlled by its governing documenL a deed of Inut, and constitules a limited compry, limited by guar. &s defined by the Companies A¢t 2006. REFERENCE AND ADMINisfRATIVE DETAILS Registered Company number SC051702 (Scoiland) Registered Chirfty number CS005704 R¢giitered office TThstees Mrs A Hurst B Mackie R Macleod J Maclean Mr5 R Ross Independent Examiner Goldwells Ltd 10 Knockbreck Street T85n Ross-shire IV19 IBJ Approved by order of the board of trusiees on I lth March 2026 and signed on its behalf by.. B Mackle - Tn¢¢¢ Page I
INDEPENDENT EXAMINFR'S RF.PORT TO THE TRUSTEES OF DUTHAC CENTRE I report on the accounls for the )rar ended 31 si Morch 2025 sel out oft pages Ihree lo nine. RespeciS1'e rnsponslblllllts of IrvsleM ind exAmltter The charil) s lrnsltts arc responsible for the prepar81ion of the o¢¢ounlY in accordance with Ihe lemy of the Charilies and Tnjsttt Investnienl {ScoilAnd) Act 2005 llnd the ChAriliey Accounts {Scoiland) Regulations 2006 {a5 amended). The Charits 5 trusiees consider Ihai ihe audit requireinenl of Regulation l O( l Ma) to (c) of the Accounts Regulations does not appl),. li is m>, reswnsibiliTh' io exainine ihe accounls as required under Section 44{ I Xc) of the Acl and 10 state whether particular matters hai* come io my allcniion. Basis of the Independent txlmlner's reporl My examination iS earricd oul in accordance with Regulolion I l of the Charities Acrounts (Scotland) Regulations 2(M)6. An eiamination includes a revieiv of the accounting records kept by the charity and a comparison of ihe accounts presented ii'ith Ihose rttords. It also includes consideration of any unusual items or disclosures in the aOunts. and sttk'ing eNplanations from you as truslees concerning any such matlers. The procedures undertaken do not provide all the ei?dence thal would be required in an audit, and consequenily I do not express an audil opinion on Ihe view given by the accounts. Independenl examiner's stwtement In connection M'ith rnv examination, no matter has come io my attention . (l) which gives me reasonable cause to believe thai. in any material r¢sp¢ci, the requirernents to keep accounting records in accordance with Section 44( I Xa) of the 2005 Act and Regulation 4 of the 2(M)6 Accounts Regulations. and to prepare accounts which accord with the accounting records and io comply with Regulalion 8 of the 2006 Accounts Re8ulation5 have noi been met; or (2) to which. in my opinion, atteniion Should be drawn in order to enable a proper understsnding of the accounts IO reached. MRC STEWART The Institute of Chartered A¢¢ounlants of Scotland Goldwe115 Ltd l O Knockbreck Streel Tain Ross-shire IV19 IBJ I lth March 2026 Page 2
DUTHAC CENTRE STATEMENT OF FINANCIAL ACTIVITIES VOR THE YEAR F.NDEI) JIST MARCH 1023 202J Total funds 2024 ToLIl funds UnTeslrScled fund RtrICIed fund INthME AND ENI)OWMENTS FROM txiniiions le8acies 1.810 1,812 32.710 Charltible lelh Illes Tlift Town H•ll 8,912 8,912 <XKr Ir•din8 Ktivities 36,026 346 36,626 346 30.256 yt Totsi 45,886 1.810 47.696 62.966 EXPENDITIiRE ON Raisin8 fiu 39,424 39,424 32,979 arkablt actlvllk5 Tain Town Hall 15,358 15,358 7,244 Tot*1 54,782 54,782 40,223 NET INCOMEI(EXPENDITURE) (8,896) 1,810 (7,086) 22.743 RECONCILIATION OF FUNDS Total funds brought forward 22,743 22.743 TOTAL FUNDS CARRIED FORWARD 13,847 1,810 15,657 22,743 The notes forni part of these financial Statements Page 3
DUTHAC CENTRE BALANCE SHEET 31ST MARCH 2025 2025 Total funds 2024 Tolal funds Unreslricied rund Restricted fund Noies FIXED ASSETS Tangible asset8 169 169 253 CURRENT ASSETS Deblors Cash ai bank and in hand 2,185 13,214 2,185 15,024 1,810 23,935 15.399 1,810 17.209 23.935 CREDITORS Amounts falling due within one year io (1,721) (1,721) {1.445) NET CURRENf ASSETS 13,678 1,810 15,488 22.490 TOTAL ASSETS LESS CURRENT LIABILrriES 13,847 1.810 15,657 22,743 NET ASSETS 13,847 1.810 15.657 22.743 FUNDS Unrestricted funds Restrieied funds 13,847 1.810 22,743 TOTAL FUNDS 15,657 22.743 The charitable company is entilled io exemption from audit under Section 477 of the Companies Act 2006 for the year ended 3151 March 2025. members have not required the company to obtain an audii of its financial statements for the year ended 31st Marth 2025 An accordan¢e with Seciion 470 of the Companies Aci 2006. Tr In$ acknowledge their responsibilities for (a) ensuring tha¢ the charitable company keeps accouniing records thar comply with Sections 386 and 387 of the Companies Act 2006 and (b) preping financial ststements which give a true and fair view of the state of affair5 of the charitable company as ai th¢ end of each financial year and of ils surplus or deftcit for each financial )'ear in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of ihe Companies Act 2006 relating io financial slatemenls, so far as applicable to the charitable company. These fmancial siat¢ments have been prepared in accordance with the provisions applicable io charitable companies subjea to th¢ small companies r¢gime. The fuwi¢ial statements w¢re approved by Mr B Mackie the Board of Trustees and authorised for issue on I l th March 2026 and were signed on its behalf by.. B Mackie - Trustee The noles forni part of these financial siatements Page 4
DUTHACCENTRE NOTES TO TIIE FINANCIAL STATEMENTS FOR TIIE YEAR ENDED JIST MARCH 202S ACCOUNTING POLICIES BAsl$ of prnpArln8 the nnnn¢lo1 JtAtemenlg The financial staiemenlj of ihe charilable company, which IJ A public benefil entity under FRS 102. have been prtpared in accordftnce wilh the Chnrilies SORP (FRS 102) 'Accouniing and Reporting by Charilies: Statement of Recommended Prncti¢e dpplicable to chariiiej preparing Ihelr accounts in Accordance with the Fsnancial Reporting Standard applicable In the UK and Republlc of Ireland (FRS 102) (efffftive l January 2019y Financial Reporting Siftndard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companie5 Act 2006. The financial statements have been prepared under the histori1 cost convention. lTrtome All income is recognised in the Statement of Financial Activities once the charity has entitlemenl to the fund4 ff is probable that the income will be received and the amount can b¢ measured r¢liabty. Exptndlture Liabilities are rrfognised as expenditure as soon as there is a legal or constructive obli8ation committing the charity to thal expenditure, it is probable Ihal a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expendiiure is accounted for on an accrualj basis and has been classified under headings that aggregate all cosl related to the category. Where ¢osts cannot be directly attributed to particular headings they have been allocaled to activilies (m a b&si$ consistent with the use of resources. Tanglble fixed Issets Depreciation is provided at the following annual rates in order to write off each asset ovw its estimated useful life. Taxation The charity is exempt from corporat.1 Jil i&x on its charitsble activities, Fund accounting Unrestricted funds can be used in accvfknlimC= wilh the charitable objeciives at the discretion of the trusttts. Restricted funds can only be used for particular restricted purposes within the objects of the ¢harity. Restri¢tioDS arise when specified by th¢ donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fimd is included in the notes to the financial statements. Pension eosts And other post-retiremen¢ benefits The ¢haritable company operates a defined contribution pension scheme. Contributions payable io the ¢haritsble companys pension scheme are charged to the Statemenl of Financial Activilies in the period to which they relate. OTHER TRADING ACTIVITIES 2025 2024 Social lotteries Room hir¢ Craft fair 260 36,366 29.731 505 36.626 30256 Page 5 ontinued...
DUTHAC CENTRE NOTES TO THE FINANCIAL STATEMENTS • tonllnied FOR TIIE YEAR ENDED JIST MARCII 2025 INVESTMENT INCI)fvIE 21r25 2024 Dwil UnI ihlerest RAISING IIINDS Iniyslmni roJtJ 2025 2024 3,642 799 NET INCOMFJ(EXPENDITURE) Net irthmel(expendiluTe) is staled after Chargin(CredItIng). 2025 2024 tkweciation. owned assets 126 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remunerntion or other benefits for the year ended 3 1st March 2025 nor for the year ended 31st March 2024. Trns¢ees' expens There were no tru5tees' expens¢s paid for the year ended 31st March 2025 nor for the year ¢nded 314 March 2024. COMPARATIVES FOR THE STATEMEliT OF Fl,Ni A PICIAL ACTIVITIES Unrestricted fund Restricted fimd Total INCOME AND ENDOWMENTS FROM Donations and le8a¢i¢s 32,710 32.710 Odw trading activities 30.256 30256 Tol#l 62,966 62.966 EXPENDITURE ON Raising funds 32,979 32.979 Cb•ritsble Ictlvltl Tain Town Hall 7.244 7244 To¢*J 40,223 40223 NETINCOME 22,743 22.743 TOTAL FUNDS CARRIED FORWARD 22,743 21743 Page 6 continued...
DUTHAC CENTRE NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST MARCH 2025 TANGIBLE FIXED ASSETS Plant and machinery COST At15t April 2024 and 31 st March 2025 379 DEPRECIATION At I st April 2024 ChBe for year 126 AI 3tM March 2025 210 NET BOOK VALUE Ai 3 1st Mah 2025 At 31 st March 2024 253 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors 2,185 10. CREDITORS: AMOUNT) ri,L,Lgi.G DIJE WITHIN ONE YEAR 2025 2024 Trade creditors Social security and other taxes Other creditors 1,314 406 1283 162 1,721 1.445 11. MOVEMENT IN FUNDS mov¢menl At 31.325 At 1.4,24 Uorestrlcted lundj General fund 22,743 (8.896) 13.847 Re$trl¢ted fundl Re5tric*d Fund 1.810 1.810 TOTAL FUNDS 22,743 (7.086) 15,657 continued... Pas¢ 7
DUTHACCENTRE NOTES TO THE FINANCIAL STATEMENTS- ¢onllnued FOR THE YEAR ENDED 31ST MARCH 2025 MOVEMENT IN FUNDS- tonllnyed Net movemenl in fvndi, Included In ihe above Are follows.. Incoming resour¢eJ ReJour¢eJ expended Movemenf in funds Ufftreslrkted fundi Genernl fund 45,886 (54,782) (8,896) Reslrkted Restricted Fund 1,810 1,810 TOTAL FUNDS 47,696 {54,782) (7,086) Comprntlv¢s for movemtnt In funds Net movement in funds At 31.3.24 At 1.4.23 Unrestrleted funds General fvnd 22.743 22.743 TOTAL FUNDS 22,743 22.743 Comparaiive net movement in funds. included in the above are as follows: Incomin8 resources Resources expended Movement in funds Unrutrict¢d funds General fund 62,966 (40223) 22.743 TOTAL FUNDS 62,966 (40,223) 22,743 A Current year12 months and prior year 12 months combined position is as follows: Net movement Al 31.323 At 1.4.23 Unrestrleted fundi G¢neraJ fLU)d 13.847 13.847 Rutrlcted funds Restric*d Fund 1.810 1.810 TOTAL FUNDS 15,657 15,657 Page 8 continued..
DUTHAC CENTRE NOTES TO THE FINANCIAL STATEMENTS • Colltlnued FOR THE YEAR ENDEDJIST MARCH2025 11. MOVEMENT IN FUNDS • tontlnued A Current year 12 months and prior year 12 monthj comblned nrt movement in funds, iKluded in the above are •s follows.. Incoming resour¢eg Resourc¢s expended Movement in funds Unrestrleted fvndj General fund 108,852 {95,IX)S) 13.847 Restrl¢ted fund$ Restricted Fund 1,810 1,810 TOTAL FUNDS 110,662 {95.IX)5) 15,657 11 RELATED PARTY DISCLOSURES There were no relaied party transactions for the year ended 3131 Marrh 2025. Page 9
DUTHAC CENTRE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YF.AR ENDED 31ST MARCH 2025 2025 2024 INCOME AND ENDOWMENTS Donillon5 And l¢gAeles Donations 1,812 32,710 Otbtr Iradln8 ¢tli'llle Sotial lotteries Room hire Chft fair 260 36,366 29,751 505 36,626 30,256 lfii'esimtnl income Deposit ac¢ount interest 346 Charltble actlvlties 8.912 Totsl iDeomlng resoure¢s 47,696 62.966 EXPENDITURE Other trading actlvities Wages Pensions Licensing Oil / Fuel 28.678 816 188 6.100 27.327 758 296 3.799 35,782 32.180 Investment management ¢ost5 Property repairs 3,642 799 Charltable actlvlties Rates and water Insurance Light and heat Telephone Sundries 409 574 11.599 709 1,314 515 488 4,827 617 671 14.605 7.118 Support costs Flnanc¢ Bank charge$ Other Depreciation of tangibl¢ fixed assels 84 126 This page do¢s not forn) part of the statutory financial statements Page 10
DUTHAC CENTRE DETAILED STATEMEiYf OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31ST MARCH 2025 2025 2024 other GoweniAnce costs A¢counwi¢y and legal fees 605 Totsl r¢sources expended 54.782 40,223 Nee (expenditureyincome (7,086) 22,743 This page does not forni part of the statutory fAnancial statemen Pagell