CHARrrY REGISTRATION NUMBER: SC021857 IL6 Coel Dingwall Community Centre Unaudited Financial Statements For the year ended 31 March 2025 Dingwall Community Centre Financial Ststements Year ended 31 March 2025 Page Trustees, annual report Independent examineffs report to the trustees ststement of financial activities ststement of flnancial position Notes to the financial statements The following pages do not forni part of the flnanclal statements Detalled statement of financial activities 13 Dingwall Community Centre Trustees. Annual Report Year endod 31 March 2025 The Irustees present thelr report and the unaudited financial statements of the charity for the year ended 31 March 2025. Reference and admini8trntiv• d•tsllg Regl8ter•d charlty nam• Dingwall Community Cantre Charlty roglstratlon numbor SC021857 Principal officè Old Acaderny Buildings Tulloeh Street Dlrowall R08s-shire Th• trustws Independent •xamlnor Structure, govamance and managemant The Olngw211 Community Centre SC053339 is an in(x)rwrated Charity and the admini8tr8tlon arrangements are 89 set oul in our Constilutlon. The CharFtVs trustees are appointed at the AGM from the members of the Din9V￿lI Communtty Centre, i.e. Members of the wmmunity andlor nominees from user groups of the Community C&nlre. ObJ•ctlv•s and actfvitl•s Dingwall Communlty Centre is a non-profrt making organisalk)n and Is re￿stered as Scottish Charity SC053339 and this Is governeLI by OSCR. The charltable objectiv•s of the Céntr• erè tts provld8 r81ièf to thos• in n8•d 8nd to promote the advancement of communlty development, citlzenshlp and educatlon through the provlsion of social and recr8alional fa¢iliti88, without distinGtion of political or religious opinions for the benefft of the community. Dingwall Community Centre Trustees. Annual Report {contlnuedJ Year ended 31 March 2025 Achi•vom•nt8 and porfornianco An application was made to OSCR Ilhe Scottish Charity Regulator) and a new incorporated clBrity, also ￿lled the Dingwall Community Centre, SG053339 was reglstered by OSCR on 09105124. The previous old Dlngwall Community Centre charity. SC021857, was wound up and dissolved wilh OSCR'S approval on 311812024. All its assets and Ilabilitles wefe passed to the new charity Dingwall Community C8ntre. SC05333Q. Thanks to thÈ 4orts of our enthusiastic Co￿rdInatOr, and our dedicated excellent Caretaker. the footfall al the Community Centre continues to r8maln good, the intemal appearance and decoration remains good. The Communlty Centre is pleaslng and especlally welcomlng to all our user groups. The Wiwfi intemet hes been replaced and Is now more reliable 8nd 8va118ble throughout the buildlng. The buudlng occupied by th8 Charity Is agalng. Th8re have bean som8 r8C8nt malnl8nance improvem8nls carrfed out by the Highland Council. Tha $t8ir Ir8ad$ were repl8¢6d and now tha building 18 comp181ely asbestos fr88. The Communlty Centra'$ flnanc88 remaln steady - I￿1h a go(xl b8ianc8 of cash reserves. Room rental charges have been h81d st8ady with no Increasèg for nearly 5 years. Thls has helped 8lgnlfThndy Mth the recovery of the Communily Centre8 Usage. foo￿811 and finarKes since 2020. Flnancial rovlew As described above - the actlvitles at the Communlty Centr8 have expaniled and lh8 fooffall of the Users has increased. As a consequ8nc8 th8 financial posf(ion of Ihe Charity has very much imtroved since tho lagt Financial Year. We recognised that disposable income and irfflation have put pressure on Indlvldu81'9 finances - so wé have resolved and managed to keep our feès 8rrfl charges to users frozen - for the past few years. With a great deal of effort, our volunteer Trustee, has refreshed. reorganised and irnproved our financial package. This allows much e¢isi¥r reporting, Involcing, tracklng ol payments, and the closer monitoring of Ihe Communlly Centre's day lo day financia position. Dingwall Community Centre Trustees. Annual Report {￿ntInu￿d) Year ended 31 March 2025 Plans for future periods Risks and Opportunities There may ￿ ¢hang88 to the location of th? Centre as part of the reloGation of our neighbour St Clements School. This rdoralion may tak8 a f8w years and we will continue to keep this in mlnd and keep ourselves Infom8d of developments. The lollets remain poor. A proposal has been put lo the Council for their improvement. Acce88 to the rooms upstabrs rernains dfficult but woul of the 2005 Act and Regulation 4 of Iha Charlties Accounts (Scotland) Regulations 2006 (as amended); or the flnanclal statement5 do not accord ￿￿th those records: or the financial statements do not cornply wilh the accounting requirements of Regulailon 8 of the Charities Accounts Iscottand) Regulatlons 2Q06 (as amended). I l)avé Ilo conLeriis and have come across no other matlers in connection with the examination lo rawn in thi5 report in order to ¢nabi¢ a woper understandlng of the 27 October 2025 Dingwall Community Centre Statement of Financial Activities Year ended 31 March 2025 2025 Unrestricted funds Total funds Total funds 2024 Noto Income and endowments Donations and legacies Other trading activities Investment Income 30 35,069 424 34.213 719 34,213 719 Total income 34.936 34.936 35,523 Expendlture Expendllure on ralslng funds: Costs of raising donations and legacies Expenditure on charitable activities Total •xpendlture 30,095 781 30,095 781 28.208 768 30.876 30,876 28,976 Net income and not movèment In funds 4,060 4.060 6.547 Reconclllatlon of funds Total funds brought forward Total funds carried forward 49,530 49,530 42.983 53,590 53,590 49,530 The statement of financial actsvities includes all gains and losses recognised in the year. All income and expenditure derive from continulng activities. The notes trn Pa9￿ 7 to 11 form part of th¢¥0 finanGial statoments. Dingwall Community Centre ststsment of Financial Position 31 March 2025 2025 2024 Not? Flxed assets T2noiblÈ fixed assets Current assets Debtors Cash at bank and in hand 11 245 327 12 2.802 60,816 63,618 3,724 54,559 58,283 ¢T￿ltors. amounts falllng due wlthln one year Net ¢urr•nt a8sets Total assetsloss Gurrent Ilabllltles 13 10,273 g.D80 49,203 49,530 53,590 Funds of the charlty Unrestricted funds Total chartty funds 63.590 49.530 15 53,590 49,530 These financial statements were approved by the board of trustee5 and aUth￿sed for issue on 27 October 2025, and are signed on behalf of the board by: The notes on pages 7 to 11 ftsnn part of these flnanclal 8tstemw)ts. Dingwall Community Centre Notes to the Financial Statements Year ended 31 March 2025 General information The charity is a public benefit entity and a registered charty in Scotland and is unincorporated. The address of the principal office is Old AGademy Buildin9s, Tulloch Street, Dingwall, IV15 9JZ. Statement of compliance These financial statements have been prepared in compliance wth FRS 102, The Financial Reporting Standard applicable in Ihe UK 2nd the Republic of Ireland,, the Statement of Recommended Praclice applicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities and Trustee Investment (Scotland) Act 2005 and the Charity Accounts (Scotland) Regulations 2006 (as amended). A¢countlng pollcles Basls of preparation The financi21 statements have been prepared on the hislorical cost bas15, as modrfiéd by the revaluation of certain financial assets and liabilities and investment properties measured at falr value through income or expenditure. The flnancial statements are prepared in st8rllng. which is th8 functional cU￿encY of the entity. Golng concorn There are no matérial uncertainties about the charltys ability to contlnue. Dlsclosura exemptions The entity satisfies the crlteria of being a qualtfying entity as defined In FRS 102. As such, advantage has be8n taken of the following disclosure exemptions available under paragraph 1.12 ofFRS 102: (a) No cash flow statement has been presented for the company. (b) Disc105ures in respect of financial Instruments have not béen presented. Judgoments and key sources of estlmatlon unc•rtalnty The preparation of the financial statements requlres management to make Judgements, eslimates and assumptions that affect the amounts reported. These estimates and Judgements are continually reviewed and are based on experience and other factors, includlng expectstions of future events that are believed to be reasonable under the circumstsnces. Dingwall Community Centre Notes to the Financial Statements (contsnue Year ended 31 March 2025 Accounting policies (continuodj Incomlng resources All Incoming resources are inGluded in the statemant of financial activitios when 8ntillomant has passed to the charity. Éi is probable that the economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income-. income from donations or grants is recognised when there Is evidence of entitlement to the gift. receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is Impractical to measure reliably, in which case the value is derived from the cost to the donor or the 8Stimated resale value. Donated facilities and services are recognised in the accounls when received rf the value Can be reliably measured. No amounts are included for the contribution of general volunteers. income from Contracts for the supply of services is recognised with the dèlivery of the Contracted service. This is classtfied as unrestrict8d funds unless ther8 Is a contractual requirement for it to be spent on a particular purpose and returned rf unspent. in which Case It may be regarded as restricted. Rosourcos exp8nded Expenditure is recognised on an accruals basis as a liability Is Incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financl81 activities to which it relates: expenditure on ralsing funds includes the costs of all fundralslng actlvitles, events, non-charitable trading activities. and the sale of donated goods, expenditure on charitable activities indudes all costs Incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relaung to the governance of the charity apportioned to charitable activlties. other expenditure includes all expenditure that is nellher related to raising funds for the charity nor part of its expenditure on charitable a¢tivities. Ail costs are allocated to expenditure categories refieGting the use of the resour¢e. Direct costs attributable to a single activity are allocated directly lo that actlvity. Shared costs are apportloned between the activities they contribute to on a reasonable. justifiable and consistent basis. Tanglble a880ts Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts arè recorded at the fair value at the date of revaluation less any subsequent a¢cumulatgd depreciation and subsequent accumulated impalrment losses. Dingwall Community Centre Notes to the Financial Statements (¢oRbnued) Year ended 31 MarGh 2025 Accounting policies (contlnugdj Tangible assets f¢ontlnu•d) An increa$e in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses. unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A d&crease in the carrying amount of an asset as a result of revaluatson, is recognised in other recognlsed gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within othor recognlsed gains and losses orr the statement of financial actlvities. Depreciatlon Depr8ciatJon is calculated so as to write off the cost or valuation of an asseL less Its residual value. over the useful economic Iff6 of that asset as follows: Fixtures and fitting8 Offlce equlpment 33D/o straight line 25% slraight Ilne Donatlons and legacles Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Donatlons Donations Received 30 30 Other trading actlvlti Unrestricted Total Funds Unrestrlct8d Total Funds Funds 2025 Funds 2024 Photocopying Lets 34,209 34,209 35.062 35,062 34,213 34,213 35,069 35,069 Investment Income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Bank interest receivable 719 719 424 424 Net income Nèt income is stated after charglngl(credltlng): 2025 2024 Depreciation of tangible fixed assets F•os payable for the independent examination of the financial statements 82 781 768 Dingwall Community Centre Notes to the Financial Statements {contlnu6d) Year ended 31 March 2025 Independent examTnation fees 2025 2024 Fees payable to the independent examlner for: 5ndependent examination of the financial statements 780 770 Staff costs The totsl stsff costs and employee benefits for the reporting pertod are analysèd as follows.. 2025 2024 Wages and salaries Employer contributions to pension plans Other employee benefits 23,110 19,925 602 1.885 22,412 170 23,969 The average head count of employees during the year was 1 (2024: NII). No employ8e received employ8e benefits of more than £60.000 during the year (2024.. Nil). 10. Trustee remuneration and 9xpense8 No remuneratlon or other benefits from employment wlth the charlty or a related entity were received by the trustees. 11. Tanglble flxed a8s0ts Fixtures and fitting5 Equlpment Total Cost At 1 Aprll 2024 and 31 March 2025 Depreciatlon At 1 April 2024 Charge for the year At 31 March 2025 9,654 1.996 11,650 9,e54 1,669 82 11,323 82 9.654 1.751 11,405 Carrylng amount At 31 March 2025 245 245 At 31 March 2024 327 327 12. Debtors 2025 2024 Trade debtors 2,802 3.724 10- Dingwall Community Centre Notes to the FinanGial Statements (¢on))nu•dJ Year ended 31 March 2025 13. Credttors: amounts falling due wfthin one year 2025 2024 Trade credilors Social security and other taxes 10,139 134 9.080 10,273 9.080 14. Ponslons and other post retirement beneflts Definod contributlon plans The amount recognised in Income or expenditure as an expense In relation to defined contribution plans was £689 (2024: £602). 15. Analysis of charltabla funds Unrestricted fund8 At 31 Mar¢h 20 25 1 April 2024 Income Expenditure Ganeral funds 49,530 34,936 (30,876) 53,590 At 31 March 20 24 At 1 April 2023 Incom6 Expenditure General funds 42,983 35,523 (28,978) 49.530 16. Analysis of net a88ets betweèn fund8 Unr8slrict8d Total Fund8 Funds 2025 Tangible fixed assets Current assels Credltors less than 1 year Net assets 245 63.618 (10.273) 53,590 245 63,618 (10.273) 53.590 Unrestricted Total Funds Funds 2024 Tangible fixed 8888t8 urrent assets Creditors less than 1 year Not assets 327 58,283 19,080) 49,530 327 58,283 (9,080) 49,530 11 Dingwall Community Centre Management Inforniation Year ended 31 March 2025 The followlng pages do not fomi part of th8 flnanclal statements. 12- Dlngwall Community Centre Detailed Statement of Financial Activities Year ended 31 March 2025 2025 2024 Income and endowments Donations and legacies Donations Received 30 Other tradlng actlvltles Photocopying Lets 34,209 35.062 34,213 35,069 Investment Income Bank interest rec8ivable 719 424 Total Income 34,936 35.523 Expendlture Costs of ralslng donatlons and legacles W8ges and salaries Pension costs Other post-retirement benefits Light and heat Repairs and maintenance Insurance Legal and professional fees Telephone Other office ¢osts Depreciation Donations Training 23,110 19,925 602 1,885 1,086 2,240 234 170 1,093 1.674 238 1.115 945 929 82 50 708 108 97 111 30,095 28,208 Expendlture on charltabla actlvities Legal and professional fees 781 768 Total expendlture 30,876 28,976 Net Income 4,060 6.547 13-