OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

2025-09-30-accounts

Enter SC No. below

APPENDIX 2

I

SC053665

Inverness Tool Library

|ScottishCharityRegulator|For the period
from|Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Receipts andpayments accounts
Period start date
Period end date
to
23
Sept
2024
Day
Month
Year
Day
Month
30
Sept
~~[ |~~
~~|~~ ee ||Year
2025|||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Section A Statement of receipts and payments||||||||||||||||||||||||||| ||Unrestricted
funds||Restricted
funds||||Expendable
endowment
funds|||||||Permanent
endowment
funds||||Total funds
current period||||||Total funds last
period|Total funds last|| ||to nearest £||to nearest £|to nearest £|||to nearest £|||||||to nearest £||||to nearest £||||||to nearest £|to nearest £|| |A1 Receipts||||||||||||||||||||||||||| |Donations|1,060|||||||||||||||||1|1|1|1,060|060||||| |Donation from Clachworks CIC|3,854||3|3,875||||||||||||||7|7|7|7,729|729||||| |Legacies||||||||||||||||||-|-|-|-|-||||| |Grants|3,000||16|16,690||||||||||||||19|19|19|19,690|690||||| |Receipts from fundraisingactivities||||||||||||||||||-|-|-|-|-||||| |Gross tradingreceipts|495|||||||||||||||||495|495|495|495|495||||| |Income from investments other than||||||||||||||||||||||||||| |land and buildings|61|||||||||||||||||61|61|61|61|61||||| |Rents from land & buildings||||||||||||||||||-|-|-|-|-||||| |Gross receipts from other charitable||||||||||||||||||||||||||| |activities|2,259|||||||||||||||||2|2|2|2,259|259||||| |||||||||||||||||||-|-|-|-|-||||| |A1 Sub total|A1 Sub total 10,729||20,565|20,565|||-|-|-|||||-|-|-||31,294|31,294|31,294|31,294|31,294||-|-|| |A2 Receipts from asset &||||||||||||||||||||||||||| |investment sales||||||||||||||||||||||||||| |Proceeds from sale of fixed assets||||||||||||||||||-|-|-|-|-||||| |Proceeds from sale of investments||||||||||||||||||-|-|-|-|-||||| |A2 Sub total|A2 Sub total -||-|-|||-|-|-|||||-|-|-||-|-|-|-|-||-|-|| |Total receipts
A3 Payments|10,729
20,565
~~LE~~|||20,565||-
~~| ~~||||||-
31,294
-
~~PE~~||||||||||||||| |Expenses for fundraising activities||||||||||||||||||-|-|-|-|-||||| |Gross trading payments||||||||||||||||||-|-|-|-|-||||| |Investment management costs||||||||||||||||||-|-|-|-|-||||| |Payments relating directly to charitable|Payments relating directly to charitable|||||||||||||||||||||||||| |activities|2,404||9|9,867||||||||||||||12|12|12|12,271|271||||| |Grants and donations||||||||||||||||||||||||||| |||||||||||||||||||-|-|-|-|-||||| |Governance costs:||||||||||||||||||||||||||| |||||||||||||||||||-|-|-|-|-||||| |Audit / independent examination||||||||||||||||||-|-|-|-|-||||| |Preparation of annual accounts||||||||||||||||||-|-|-|-|-||||| |Legal costs||||||||||||||||||-|-|-|-|-||||| |Other|Other|||||||||||||||||||||||||| |||||||||||||||||||-|-|-|-|-||||| |||||||||||||||||||-|-|-|-|-||||| |A3 Sub total |2,404||9,867|9,867|||-|-|-|||||-|-|-||12,271|12,271|12,271|12,271|12,271||-|-|| |A4 Payments relating to asset and||||||||||||||||||||||||||| |investment movements||||||||||||||||||||||||||| |Purchases of fixed assets||||||||||||||||||||||||||| |||||||||||||||||||-|-|-|-|-||||| |Purchase of investments||||||||||||||||||-|-|-|-|-||||| |A4 Sub total |-||-|-|||-|-|-|||||-|-|-||-|-|-|-|-||-|-|| |Total payments
Net receipts / (payments)
A5 Transfers to / (from) funds
Surplus / (deficit) for year|2,404
9,867
-
-
12,271
-
8,325
10,698
-
-
19,023
-
-
8,325
10,698
-
-
19,023
-
~~LS~~
~~9~~
~~|~~
~~A~~
~~|~~
~~|~~
~~|~~
~~|~~
Fs~~|~~
|
~~5~~
~~| A~~
ey~~A |~~
~~a~~
|~~||~~
~~|~~||||||||||||||||||||||||||

�������������������������������������������������������

SC053665

APPENDIX 2

Inverness Tool Library


Inverness Tool Library

Inverness Tool Library
SC053665
Section B Statement of balances Total last period
to nearest £
-

-
Last year
to nearest £

-
Last year
to nearest £
-
Last year
to nearest £
-
Last year
to nearest £

-
Date of
approval
������������
Categories
Signed by one or two trustees
on behalf of all the trustees
B3 Other assets
B5 Contingent liabilities
B4 Liabilities
B1 Cash funds
B2 Investments
Details Unrestricted
funds
to nearest £
-
8,325
Restricted funds
to nearest £
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Total current
period
to nearest £
Cash and bank balances at start of year - -
Surplus / (deficit) shown on receipts and
payments account
10,698 19,023
-
-
Cash and bank balances at end of year
(Agree balances with receipts and payments
account(s))
Details
8,325 10,698 - - 19,023 -
-
-

-

-

-
Fund to which asset belongs Market valuation
to nearest £
Details Fund to which asset belongs Total
Cost (if available)
to nearest £
-
-
Current value (if
available)
to nearest £
Fixed assets transferred from Clachworks CIC Unres tricted 384
Details Total
Fund to which l
- 384 -
iability relates Amount due
to nearest £
Details Fund to which l Total
iability relates
- -
Amount due
(estimate)
to nearest £
Total -
-
��������

Inverness Tool Library OSCR accounts to 30 September 2025 / Statement of balances 2

December 2007

�������������������������������������������������������

APPENDIX 2

SC053665

Inverness Tool Library

Section C Notes to the Accounts

C3a Trustee remuneration
C4a Trustee expenses
C4b Trustee expenses -
details
C5 Transactions with trustees
and connected persons
C3b Trustee remuneration -
details
C1 Nature and purpose of
funds(may be stated on
analysis of funds worksheets)
C2 Grants
See additional notes (2) and (3). See additional notes (2) and (3).
Type of activity or project supported Individual /
institution
Number of grants
made
£
Total -
If no remuneration was paid during the period to any charity trustee or person connected to a
trustee cross this box (otherwise complete section 3b)

X
Authority under which paid £
If no expenses were paid to any charity trustee during the period then cross
(otherwise complete section 4b)
this box
Nature of transaction Number of
trustees
£
Nature of relationship
Transaction
amount (£)
Balance
outstanding at
period end (£)

C6 Other information

Inverness Tool Library OSCR accounts to 30 September 2025 / Notes

3

December 2007

�������������������������������������������������������

APPENDIX 2

SC053665

Inverness Tool Library

Additional analysis (1)

Analysis of receipts and payments

1 Donations

1 Donations
Unrestricted
funds
to nearest £
Restricted funds
to nearest £
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Total current
period
to nearest £
Total last period
to nearest £
Donation from Clachworks CIC 3,854 3,875 7,729
Individual donations 1,060 1,060
-
-
Total
2 Grants
4,914 3,875 - - 8,789 -
-
Unrestricted
funds
to nearest £
-
Restricted funds
to nearest £
- - -
Total current
period
to nearest £
-
Total last period
to nearest £
National Lottery 16,080 16,080
Robertson Trust 3,000 3,000
Impact Funding Partners 610 610
-
Total 3,000 16,690 19,690 -
- - - -

3 Gross receipts from other charitable activities

Unrestricted
funds
to nearest £
Restricted funds
to nearest £
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Total current
period
to nearest £
Total last period
to nearest £
Membership Income 2,259 2,259
-
-
-
-
-
-
-
Total 2,259 - - - 2,259 -
- - - - - -

4 Payments relating directly to charitable activities

Unrestricted
funds
to nearest £
Restricted funds
to nearest £
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Total current
period
to nearest £
Total last period
to nearest £
Salaries 8,366 8,366
Payroll costs 270 270
Marketing 603 464 1,067
Project costs 747 747
Volunteer Expenses 30 139 169
Volunteer Training 30 30
Insurance 631 631
Phone and IT 23 281 304
Bank fees and charges 167 167
Small equipment 203 203 406
Sundries 114 114
Total 2,404 9,867 - - 12,271 -
- - - - - -

Inverness Tool Library OSCR accounts to 30 September 2025Additional notes (1)

December 2007

�������������������������������������������������������

APPENDIX 2

SC053665

Additional analysis (2)

Receipts
5 Breakdown of unrestricted funds
Unrestricted
fund 1 - enter
name of fund
below
General fund
Unrestricted
fund 2 - enter
name of fund
below
Robertson Trust
Unrestricted
fund 3 - enter
name of fund
below
Unrestricted
fund 4 - enter
name of fund
below
Total
unrestricted
funds
Total
unrestricted
funds last period
Individual donation 1,060 1,060
Donation from Clachworks CIC 3,854 3,854
Grants 3,000 3,000
Receipts from fundraisingactivities -
Gross tradingreceipts 495 495
Income from invesmentsts other than land and buildings 61 61
Rents from land & buildings -
Gross receipts from other charitable activities 2,259 2,259
Sub total
Receipts from asset & investment sales
7,729 3,000 - - 10,729 -
-
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
Payments
- - - - - -
7,729 3,000 - - 10,729 -
-
Expenses for fundraisingactivities -
Gross tradingpayments -
Investment management costs -
Payments relatingdirectlyto charitable activities 2,404 2,404
Grants and donations -
Governance costs: -
Audit / independent examination -
Preparation of annual accounts -
Legal costs -
-
-
Sub total
Payments relating to asset and investment
movements
2,404 - - - 2,404 -
-
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year
- - - - - -
-
2,404 - - - 2,404 -
-
5,325 3,000 - - 8,325 -
-
5,325 3,000 - - 8,325 -
-

Nature and purpose of funds

On 5th September 2025 we received £3,000 from The Robertson Trust Wee Grant Fund to support partnership work in volunteer recruitment.

Unrestricted funds, such as donations, trading and membership fees all contribute toward the core cost of running the tool library, delivering workshops and holding public events to promote awareness of climate change and the need for the circular economy.

Inverness Tool Library OSCR accounts to 30 September 2025Additional notes (2)

December 2007

�������������������������������������������������������

APPENDIX 2

SC053665

Inverness Tool Library

Additional analysis (3)

6 Breakdown of restricted funds

6 Breakdown of restricted funds
Receipts Restricted fund
1 - enter name of
fund below
National Lottery
Restricted fund
2 - enter name of
fund below
Volunteering
Support Fund
Restricted fund
3 - enter name of
fund below
Restricted fund
4 - enter name of
fund below
Total restricted
funds
Total restricted
funds last
period
Donation from Clachworks CIC 3,875 3,875
Legacies -
Grants 16,080 610 16,690
Receipts from fundraisingactivities -
Gross tradingreceipts -
Income from investments other than land and buildings -
Rents from land & buildings -
Gross receipts from other charitable activities -
Sub total
Receipts from asset & investment sales
16,080 4,485 - - 20,565 -
-
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
- - - - - -
16,080 4,485 - - 20,565 -
-

Payments

Payments
Expenses for fundraising activities -
Gross tradingpayments -
Investment management costs -
Payments relating directly to charitable activities 5,382 4,485 9,867
Grants and donations -
Governance costs: -
Audit / independent examination -
Preparation of annual accounts -
Legal costs -
-
-
Sub total
Payments relating to asset and investment
movements
5,382 4,485 - - 9,867 -
-
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year
- - - - - -
-
5,382 4,485 - - 9,867 -
-
10,698 - - - 10,698 -
-
10,698 - - - 10,698 -
-

Nature and purpose of funds

Transferred from Clachworks – On 29th November 2024, £3875 was received from Clachworks CIC for the purpose of completing a contract to deliver volunteer recruitment until 31st Mar 2025. The funding was given by Impact Funding Partner, Volunteer Support Fund to recruit Volunteer Tool Librarians to deliver the library service.

On 12th December 2024 a further £610 was awarded by Impact Funding Partner, Volunteer Support Fund to purchase marketing materials and pay volunteer expense for hosting awareness raising events.

On 31st January 2025 we received £16,080 from the National Lottery Community Fund to run a series of skill-sharing workshops for the local community from April 2025 – Sept 2026

Inverness Tool Library OSCR accounts to 30 September 2025Additional notes (3)

December 2007

(SCIO SC053665)

Cha ity’s principa add ess

==> picture [231 x 8] intentionally omitted <==

----- Start of picture text -----
Docusign Envelope ID: 7008546C-5C7B-4294-BDF8-7A58351AD6E9
----- End of picture text -----

Docusign Envelope ID: 7008546C-5C7B-4294-BDF8-7A58351AD6E9

Names of the charity trustees

==> picture [178 x 63] intentionally omitted <==

----- Start of picture text -----
Chair Full year
Treasurer Full year
Secretary Joined May 2025
Full year
----- End of picture text -----

all other charity trustees during the period, if any, (for example, those who resigned part waythrough the financial period)

Structure Governance and Management

Inverness Tool Library (ITL) registered as a charity in September 2024. It is a Two Tier, Scottish Charitable Incorporated Organisation (SCIO) with a voluntary charity membership.

The two tiers are members and trustees. All volunteers automatically become charity members with the right to vote on matters concerning the charity and have the option to stand for election to the board of trustees at the Annual General Meeting (AGM).

Trustees meet monthly to oversee the running of the organisation and plan for the future. Members and trustees meet once a quarterto share information and ideas about the organisation.

Trustees provide line management for paid staff. Throughout the year we have employed a part time worker, initially through receipt of funding from the Volunteer Support Fund (Oct 2024 - Mar 2025) for a Tool Library Coordinator (15-hour week) to recruit volunteers, followed by National Lottery Community Fund (April 2025 - Sep 2026) to run a Workshop pilot project (12-hour week).

Recruitment and appointment of board of trustees

At the outset of our first year as a registered charity, four members of the organisation volunteered to be the charity’s trustees and a fifth person was recruited through a recruitment website, Reach Volunteering later in the year.

At our first Annual General Meeting (AGM), held 1** November 2025, members elected four people to form the charity’s governing board of trustees, including specific responsibilities of Chair, Treasurer and Secretary.

�������������������������������������������������������

Induction and training of directors

All new board members are invited to attend an induction training session to help them understand the role and responsibility of a being a trustee and to familiarise themselves with the work of the ITL. Training is accessed by trustees, upon request.

Health and safety and risk management

The board is responsible for ensuring health and safety and safeguarding policies are in place and for undertaking regular risk assessments and recording these in a risk register.

Financial controls

The board review income and expenditure at their monthly meetings. The reserves policy and financial procedures are reviewed annually to ensure good practice of financial controls and the mitigation of financial risks.

Our Charitable purposes

Inverness Tool Library (ITL) was established with the vision of contributing to the circular economy in the Highlands, promoting the reuse of products to reduce waste for the sustainable health of the planet. Its charitable purposes are:

  1. The provision of recreational facilities, specifically: to provide a lending library of tools and other things.

  2. The advancement of education, specifically: to deliver skill sharing workshops using donated tools and other items.

  3. The advancement of environmental protection, specifically: to raise awareness of climate change.

Our services are for the people of Inverness and surrounding area for the benefit of:

Summary of main activities in relation to the objectives

1. Running of the lending library

The library opened in May 2023 as a pop-up in an ex-retail unit on Carsegate Road, Inverness, where we opened the library twice a week on Tuesday evenings and Saturday mornings. The library is run by volunteers who restore donated tools, catalogue them onto the library database and engage with the public to loan tools out.

Volunteers who are confident with tool use often share their skills with people borrowing the tools, discussing the projects they are working on and reinforcing how tool reuse supports the circular economy and environmental protection.

Achievement: Library membership increased from 84 to 163 members

Achievement: In total, over 1,500 loans have been made

More on the type of tools we have loaned out

Docusign Envelope ID: 7008546C-5C7B-4294-BDF8-7A58351AD6E9

  1. Funded Projects — Running skills sharing workshops In April 2025 we commenced a pilot project to increase access to tools though the development of a collection service that can operate outwith opening hours. The project includes offering skill-sharing workshops in the safe use of tools this is funded by the National Lottery Community Fund. To date (Apr —- Sept 2025) we have provided six workshops. In addition to this a professional tool sharpener agreed to train a group of volunteers in tool sharpening, somethingfor which we receivea lot of requests.

Achievement: We have run six skills workshops for 4 -8 attendees at each

ke) uw \ | “A) AUGUST 19: MEASURING == & MARKING - Learn how to accurately mark up timber AUGUST 26: CUTTING - Using different types of saws for various applications.electric saws willHandsaws be used. and— SEPTEMBER 2: DRILLING - How to use power drills.xl| SEPTEMBER 9: JOINTS - Making various types of woodwork joints. SEPTEMBER 16: SANDING - Sanding by hand and using power sanders. SEPTEMBER 23: FINISHING - Using varnish, wax, oil, etc. =_

3. Awareness Raising

We have raised awareness of the library, its purpose, how it relates to the circular economy and environmental protection and the importance of the community in contributing. During

Docusign Envelope ID: 7008546C-5C7B-4294-BDF8-7A58351AD6E9

this year, we have established our logo and website, which directs potential and current library users to our library inventory and opening times. We have also developed various resources, such as posters, fliers and stand-up banners and increased our social media presence, especially on Facebook.

We have held three community events at the tool library that were well attended and supported by our local councilors and MSP. We have attended five community events and engaged with national campaign days to raise awareness of climate change and the circular economy.

We give talks, training and skill-sharing to other tool libraries and repair networks, have presented at a national conference and regularly attend network meetings. We have collaborated with other local organisations supporting the share and reuse economy and assisted Transition Black Isle to establish a Library of Thing.

Achievement: Facebook followers increased from 107 to 1200 in one year

==> picture [112 x 127] intentionally omitted <==

----- Start of picture text -----
-
g
asuiCK FRIDAY
ON THE HEAD!
We're partnering with
ae Circular Communities
f&esScotland FRIDAY to support
November 29th 2024
----- End of picture text -----

Docusign Envelope ID: 7008546C-5C7B-4294-BDF8-7A58351AD6E9

Impacts (October 2024-September 2025)

Community

ITL is becoming known within the community, building a reputation for loaning items that are in good condition. Hilton, Milton & Castle Heather Community Council borrowed tools to clean up a public space.

“Wow! Thank you to everyone who was part of the big clean up today. Thank you to The Highland Council for providing bins and litter pickers. Thank you to Simpsons for lending the flasks for teas and coffees. Thank you Inverness Tool Library for lending us tools for the gardening. And thank you to everyone who turned up despite the weather forecast! You have done an amazing job!”

Individual

The impact is felt by individuals borrowing tools which would otherwise have been purchased for household repairs, as shown by these before and after pictures.

"Another wonderful loan from the Inverness Tool Library. Our electric drill wasn't up to the task of getting through our concrete step, thankfully, the tool library had just the ticket!"

Docusign Envelope ID: 7008546C-5C7B-4294-BDF8-7A58351AD6E9

Planet

The loan of tools has resulted in carbon savings, more than double the previous year.

==> picture [403 x 170] intentionally omitted <==

----- Start of picture text -----
Carbon saved has more than doubled’
Total weight of tools loaned (Kg) Tonnes CO2 saved
0 § 10 15 20
Cy 200 400 600 800 1000 Tonnes CO2 saved
----- End of picture text -----

Volunteers

We each have our own story for volunteering; the best part is being a team of volunteers that encourage people in the safe use of tools to promote the making and crafting of items for leisure and practical use.

HE Volunteering Story | saw the sign in the windowasking for volunteers. Being new to the Inverness area | thought it would be a good way to integrate more into the community. It’s very easy to be a volunteer and| find it a rewarding experience in many ways. Meeting fellow volunteers and library members is the best part, and I’m starting to understand how important it is for our well-being to make these connections. | enjoy imparting my own knowledge of Joinery and DIY if someone asks, but it’s very much a two-way thing and I’ve also learnt a lot. Google lens is very useful when you are putting an obscure tool onto the inventory! My most satisfying moment so far was when a member popped in asking if we had a very specific size of drill chuck for a job he was doing at home. After much searching, we came upon exactly what he needed- result! My favourite tool: coping saw

' Carbon saved calculation is based on the number of tools loaned * weight of each tool * the tool emission factor. We are currently recording the emission factor for each individual tool. In the interim we have estimated our carbon saving using the minimum emission factor for all our tools. Our actual carbon saved will be higher that this estimate.

�������������������������������������������������������

Financial review

Accounts for the year ended 30 September 2025 are given in the Statement of Financial Activities that shows a surplus of funds for the year of £19,023. Unrestricted funds total £8,325, with restricted funds amounting to £10,698.

Assets

Our assets include our donated tools, the value of which is uncalculated.

Reserves

ITL works towards retaining a surplus, The charity operates a reserves policy of holding three months running costs and of building the reserves for growth.

Donated facilities and services

Outer Spaces (charity SC051153 who lease vacant properties from commercial landlords) hosted the library free of charge within the premises they lease/manage on This has been invaluable to establishing ITL.

Challenges

Relocation of our library

One of the key challenges this year has been the precarity of our location in a pop-up space within an ex-furniture retail unit on Carsegate Road. The lease is temporary with a 30-day notice period. During this year, we have agreed a collaboration with New Start Highland, a local charity working to lift people out of poverty, to use a unit within their busy, upcycled goods ‘Retail Village’. In the last quarter of this year we prepared our library members and local community for the move to the New Start location at the beginning of October 2025.

Increasing opening hours of our library

Customer feedback indicates they want the library to increase its opening hours. To achieve this we have secured a Wee Grant from The Robertson Trust to run a volunteer recruitment drive following our move to the new premises.

Plans for the future

Over the coming year, we plan to extend our opening hours and build our customer base, as well as to build a sustainable workshop programme beyond the current funding, which ends September 2026.

In order to achieve these aims, staffing will be a priority over the next year – both voluntary and paid. We plan to simplify our volunteer recruitment process and work with organisations such as Highland Third Sector Interface who recently launched its Volunteer Academy . We will fundraise for paid staff role/s to manage the day-to-day running of the library. We plan to review members and trustee current skills and development needs with a view to developing a learning strategy. Consolidating our back-office administration as well as monitoring and evaluation of our activities will also be a priority in the coming year.

Docusign Envelope ID: 7008546C-5C7B-4294-BDF8-7A58351AD6E9

Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

==> picture [273 x 179] intentionally omitted <==

----- Start of picture text -----
Signature(s)
Full name(s)
Position (e.g.
Chair) | Chair Treasurer
Date
14/01/2026 14/01/2026
----- End of picture text -----

Docusign Envelope ID: 7008546C-5C7B-4294-BDF8-7A58351AD6E9

APPENDIX 3

==> picture [86 x 10] intentionally omitted <==

----- Start of picture text -----
Scottish Charity Regulator
----- End of picture text -----

==> picture [486 x 520] intentionally omitted <==

----- Start of picture text -----
Independent examiner’s report on the accounts w
Report to the | Charity name
trustees/members of !nverness Tool Library
Registered charity SC053665
number
On the accounts of the Period start date Period end date
charity for the period Day Month Year Day Month Year
23 Sept 2024 to 30 Sept 2025
Set out on pages 16 (fubeenber of adkiinaalfo include sheets}the pac |
Respective The charity’s trustees are responsible for the preparation of the accounts in accordance
responsibilities Of with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
trustees and examiner 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.
Basis of independent My examination is carried out in accordance with Regulation 11 of the 2006 Accounts
examiner’s statement 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, | do
not express an audit opinion on the view given by the accounts.
Independent examiner’s | jn the course of my examination, no matter has come to my attention
statement
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
Signed: understandina of the accounts to be reached.ate: 09- February 2026
Name:
Relevant professional
qualification(s) or body
(if any):
Address:
----- End of picture text -----

Docusign Envelope ID: 7008546C-5C7B-4294-BDF8-7A58351AD6E9

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