IRIS Accounts Production v22.2.0.402 Other Company accounts True false Pounds 1.4.21 31.3.22 31.3.22 FY FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP true true true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC2374312021-03-31SC2374312022-03-31SC2374312021-04-012022-03-31SC2374312020-03-31SC2374312020-04-012021-03-31SC2374312021-03-31SC237431ns22:CharitableCompanyLimitedByGuarantee2021-04-012022-03-31SC237431ns15:PoundSterling2021-04-012022-03-31SC237431ns11:FRS1022021-04-012022-03-31SC237431ns11:IndependentExaminationCharity2021-04-012022-03-31SC237431ns11:LargeMedium-sizedCompaniesRegimeForAccounts2021-04-012022-03-31SC237431ns11:FullAccounts2021-04-012022-03-31SC237431ns11:CharitiesSORP2021-04-012022-03-31SC237431ns16:EnglandWales2021-04-012022-03-31SC237431ns11:RegisteredOffice2021-04-012022-03-31SC237431ns22:Trustee22021-04-012022-03-31SC237431ns22:Trustee32021-04-012022-03-31SC237431ns22:Trustee42021-04-012022-03-31SC237431ns22:Trustee52021-04-012022-03-31SC237431ns22:Trustee12021-04-012022-03-31SC237431ns22:Trustee62021-04-012022-03-31SC237431ns22:TotalRestrictedIncomeFunds2021-04-012022-03-31SC237431ns22:RestrictedIncomeFunds2021-04-012022-03-31SC237431ns22:TotalUnrestrictedFunds2021-04-012022-03-31SC237431ns22:TotalUnrestrictedFunds2021-03-31SC237431ns22:TotalRestrictedIncomeFunds2021-03-31SC237431ns22:TotalUnrestrictedFunds2022-03-31SC237431ns22:TotalRestrictedIncomeFunds2022-03-31SC237431ns22:TotalUnrestrictedFundsns6:WithinOneYear2022-03-31SC237431ns22:TotalRestrictedIncomeFundsns6:WithinOneYear2022-03-31SC237431ns6:WithinOneYear2022-03-31SC237431ns6:WithinOneYear2021-03-31SC237431ns6:OwnedOrFreeholdAssetsns6:LandBuildings2021-04-012022-03-31SC237431ns6:FurnitureFittingsToolsEquipment2021-04-012022-03-31SC237431ns6:ComputerEquipment2021-04-012022-03-31SC23743122021-04-012022-03-31SC237431ns6:OwnedAssets2021-04-012022-03-31SC237431ns6:OwnedAssets2020-04-012021-03-31SC237431ns6:OwnedOrFreeholdAssetsns6:LandBuildings2021-03-31SC237431ns6:FurnitureFittings2021-03-31SC237431ns6:ComputerEquipment2021-03-31SC237431ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-03-31SC237431ns6:FurnitureFittings2022-03-31SC237431ns6:ComputerEquipment2022-03-31SC237431ns6:OwnedOrFreeholdAssetsns6:LandBuildings2021-03-31SC237431ns6:FurnitureFittings2021-03-31SC237431ns6:ComputerEquipment2021-03-31
REGISTERED COMPANY NUMBER: SC237431 (Scotland)
REGISTERED CHARITY NUMBER: SC27920











LOCHBOISDALE AMENITY TRUST LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022






LOCHBOISDALE AMENITY TRUST LIMITED






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2022




Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5 to 6

Notes to the Financial Statements 7 to 10

LOCHBOISDALE AMENITY TRUST LIMITED (REGISTERED NUMBER: SC237431)

REPORT OF THE TRUSTEES
for the Year Ended 31 March 2022


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of 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 Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the trust are to improve the quality of life and amenities in the area of Lochboisdale, South Uist.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
Funding continues to be sought to support the continuing activities.

FINANCIAL REVIEW
Reserves policy
The reserves of the charity are kept under constant review. In the opinion of the trustees, the reserves are sufficient for the future plans of the charity.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees
The trustees are appointed to a rotational basis at the AGM.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC237431 (Scotland)

Registered Charity number
SC27920

Registered office
Unit 14/15, Talla Chidhe
Lochboisdale
South Uist
Western Isles
HS8 5TH

Trustees
Mr R G Martindale General Handyman
Ms K J MacDonald Archaeologist
Mrs M A Jubb Director
Mr S Curtis Self-employed
Mr P A Jubb Crofter
Mrs M A Scott Director

Independent Examiner
Angus Nicolson
Nicolson Accountancy
49/50 Bayhead
Stornoway
Western Isles
HS1 2DZ

Approved by order of the board of trustees on 12 July 2022 and signed on its behalf by:



LOCHBOISDALE AMENITY TRUST LIMITED (REGISTERED NUMBER: SC237431)

REPORT OF THE TRUSTEES
for the Year Ended 31 March 2022




Mr P A Jubb - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
LOCHBOISDALE AMENITY TRUST LIMITED

I report on the accounts for the year ended 31 March 2022 set out on pages four to ten.

Respective responsibilities of trustees and examiner
The charity's trustees 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 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) 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 the independent examiner's report
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 seeking explanations from you as 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 :

(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 to comply with Regulation 8 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.








Angus Nicolson
Nicolson Accountancy
49/50 Bayhead
Stornoway
Western Isles
HS1 2DZ

12 July 2022

LOCHBOISDALE AMENITY TRUST LIMITED

STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 March 2022

31.3.22 31.3.21
Unrestricted Restricted Total Total
funds fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies - - - 1,542

Charitable activities
Core activities 1 - 1 8,700

Investment income 2 - - - 4
Total 1 - 1 10,246

EXPENDITURE ON
Raising funds 3 - - - 212

Charitable activities
Core activities 1 - 1 2,782
Total 1 - 1 2,994

NET INCOME - - - 7,252


RECONCILIATION OF FUNDS

Total funds brought forward 72,262 - 72,262 65,010

TOTAL FUNDS CARRIED FORWARD 72,262 - 72,262 72,262

LOCHBOISDALE AMENITY TRUST LIMITED (REGISTERED NUMBER: SC237431)

BALANCE SHEET
31 March 2022

31.3.22 31.3.21
Unrestricted Restricted Total Total
funds fund funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 58,460 - 58,460 58,460

CURRENT ASSETS
Cash at bank 13,901 - 13,901 13,901

CREDITORS
Amounts falling due within one year 7 (99 ) - (99 ) (99 )

NET CURRENT ASSETS 13,802 - 13,802 13,802

TOTAL ASSETS LESS CURRENT
LIABILITIES

72,262

-

72,262

72,262

NET ASSETS 72,262 - 72,262 72,262
FUNDS 8
Unrestricted funds:
General fund 72,262 72,262
TOTAL FUNDS 72,262 72,262

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


LOCHBOISDALE AMENITY TRUST LIMITED (REGISTERED NUMBER: SC237431)

BALANCE SHEET - continued
31 March 2022

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 12 July 2022 and were signed on its behalf by:





Mr P A Jubb - Trustee

LOCHBOISDALE AMENITY TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Freehold property - 2% on cost
Hall equipment - 20% on cost
Office equipment - 25% on cost

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.


LOCHBOISDALE AMENITY TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2022

2. INVESTMENT INCOME
31.3.22 31.3.21
£    £   
Deposit account interest - 4

3. RAISING FUNDS

Raising donations and legacies
31.3.22 31.3.21
£    £   
Support costs - 212

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.22 31.3.21
£    £   
Depreciation - owned assets - 1,801

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.


6. TANGIBLE FIXED ASSETS
Freehold Hall Office
property equipment equipment Totals
£    £    £    £   
COST
At 1 April 2021 and 31 March 2022 88,528 8,005 8,401 104,934
DEPRECIATION
At 1 April 2021 and 31 March 2022 30,161 8,005 8,308 46,474
NET BOOK VALUE
At 31 March 2022 58,367 - 93 58,460
At 31 March 2021 58,367 - 93 58,460


LOCHBOISDALE AMENITY TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Accrued expenses 99 99

8. MOVEMENT IN FUNDS
Net
movement At
At 1.4.21 in funds 31.3.22
£    £    £   
Unrestricted funds
General fund 72,262 - 72,262

TOTAL FUNDS 72,262 - 72,262

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 1 (1 ) -

TOTAL FUNDS 1 (1 ) -


Comparatives for movement in funds

Net
movement At
At 1.4.20 in funds 31.3.21
£    £    £   
Unrestricted funds
General fund 65,010 7,252 72,262

TOTAL FUNDS 65,010 7,252 72,262

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 10,246 (2,994 ) 7,252

TOTAL FUNDS 10,246 (2,994 ) 7,252

LOCHBOISDALE AMENITY TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2022

8. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.20 in funds 31.3.22
£    £    £   
Unrestricted funds
General fund 65,010 7,252 72,262

TOTAL FUNDS 65,010 7,252 72,262

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 10,247 (2,995 ) 7,252

TOTAL FUNDS 10,247 (2,995 ) 7,252

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2022.