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Company Limited by Guarantee |
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For the year ended |
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Company Limited by Guarantee |
Financial Statements |
Page |
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Trustees' annual report (incorporating the director's report) |
1 |
Independent examiner's report to the trustees |
4 |
Statement of financial activities (including income and expenditure account) |
5 |
Statement of financial position |
6 |
Notes to the financial statements |
8 |
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Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Director's Report) |
Registered charity name |
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Charity registration number |
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Company registration number |
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Principal office and registered |
The Smithy Heritage Centre |
office |
Ribhuachan |
Lochcarron |
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Strathcarron |
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Ross-shire |
|
IV54 8YS |
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(Appointed
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(Appointed
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Independent examiner |
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Tulloch Street |
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Dingwall |
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Ross-shire |
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IV15 9JY |
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Director |
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Company Limited by Guarantee |
Independent Examiner's Report to the Trustees of
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Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
2023 |
2022 |
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Unrestricted funds |
Restricted funds |
Total funds |
Total funds |
|
Note |
£ |
£ |
£ |
£ |
Donations, legacies and grants |
5 |
|
|
|
|
Charitable activities |
6 |
|
– |
|
– |
Other trading activities |
7 |
|
– |
|
|
Investment income |
8 |
– |
– |
– |
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-------- |
-------- |
-------- |
-------- |
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Total income |
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|
|
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-------- |
-------- |
-------- |
-------- |
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Costs of raising donations, legacies and grants |
9 |
71,962 |
– |
71,962 |
27,616 |
||
Expenditure of restricted funds |
10,11 |
(
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(
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(
|
(
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Other expenditure |
12 |
(
|
– |
(
|
– |
||
-------- |
-------- |
--------- |
-------- |
||||
Total expenditure |
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|
|
|
|||
-------- |
-------- |
--------- |
-------- |
||||
-------- |
-------- |
--------- |
-------- |
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Net income less expenditure and net movement in funds |
(
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(
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(
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-------- |
-------- |
--------- |
-------- |
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Total funds brought forward |
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|
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|
--------- |
-------- |
--------- |
--------- |
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Total funds carried forward |
|
(
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--------- |
-------- |
--------- |
--------- |
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Company Limited by Guarantee |
Statement of Financial Position |
2023 |
2022 |
||
Note |
£ |
£ |
£ |
Tangible fixed assets |
17 |
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Stock |
18 |
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Debtors |
19 |
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Cash at bank and in hand |
|
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-------- |
-------- |
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Creditors: amounts falling due within one year |
20 |
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-------- |
-------- |
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Net current liabilities |
(
|
|
||
--------- |
--------- |
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Total assets less current liabilities |
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--------- |
--------- |
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Restricted funds |
(
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Revaluation reserve |
|
|
|||
Other unrestricted income funds |
327,937 |
368,403 |
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--------- |
--------- |
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Total unrestricted funds |
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|
|||
--------- |
--------- |
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Total charity funds |
22 |
|
|
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--------- |
--------- |
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Company Limited by Guarantee |
Statement of Financial Position (continued) |
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Director |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Freehold property |
- |
|
|
Fixtures and fittings |
- |
|
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Equipment |
- |
25
%
|
|
Treehouse |
- |
|
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
||
Donations |
8,741 |
– |
8,741 |
|
Ospray Energy Ltd |
500 |
– |
500 |
|
Coastal Communities Fund |
– |
– |
– |
|
North Highlands Climate Hub |
– |
– |
– |
|
Digital Woodlands |
– |
15,717 |
15,717 |
|
HIE - Development Officer |
– |
– |
– |
|
Access and Enterprise Project |
– |
– |
– |
|
Highland Council |
– |
1,000 |
1,000 |
|
Forestry Commission |
– |
– |
– |
|
Robertson Trust |
– |
– |
– |
|
Green Shoots |
– |
– |
– |
|
Energy Savings Trust |
– |
– |
– |
|
HIE - other grants |
– |
1,819 |
1,819 |
|
Lochcarron Community Council |
– |
50 |
50 |
|
HLH - Think Health, Think Nature |
– |
– |
– |
|
------- |
-------- |
-------- |
||
|
|
|
||
------- |
-------- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
||
Donations |
100 |
– |
100 |
|
Ospray Energy Ltd |
1,500 |
– |
1,500 |
|
Coastal Communities Fund |
– |
18,500 |
18,500 |
|
North Highlands Climate Hub |
– |
500 |
500 |
|
Digital Woodlands |
– |
– |
– |
|
HIE - Development Officer |
– |
20,876 |
20,876 |
|
Access and Enterprise Project |
1,555 |
– |
1,555 |
|
Highland Council |
– |
1,446 |
1,446 |
|
Forestry Commission |
– |
1,800 |
1,800 |
|
Robertson Trust |
– |
10,000 |
10,000 |
|
Green Shoots |
– |
10,000 |
10,000 |
|
Energy Savings Trust |
– |
1,488 |
1,488 |
|
HIE - other grants |
– |
1,819 |
1,819 |
|
Lochcarron Community Council |
– |
5,000 |
5,000 |
|
HLH - Think Health, Think Nature |
– |
4,870 |
4,870 |
|
------- |
-------- |
-------- |
||
|
|
|
||
------- |
-------- |
-------- |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
£ |
||
Sale of goods/services as part of direct charitable activities |
|
|
– |
– |
|
------- |
------- |
---- |
---- |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
£ |
||
Membership |
120 |
120 |
40 |
40 |
|
Rent |
15,151 |
15,151 |
7,515 |
7,515 |
|
Fundraising events |
– |
– |
222 |
222 |
|
-------- |
-------- |
------- |
------- |
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|
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|
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-------- |
-------- |
------- |
------- |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
£ |
||
Bank interest receivable |
– |
– |
17 |
17 |
|
Bank interest refunded |
– |
– |
572 |
572 |
|
---- |
---- |
---- |
---- |
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– |
– |
|
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---- |
---- |
---- |
---- |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
£ |
||
General administration |
71,962 |
71,962 |
27,616 |
27,616 |
|
-------- |
-------- |
-------- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
||
Local Development Officer |
– |
73 |
73 |
|
Kirkton Woodland Planting and Fencing |
– |
21,884 |
21,884 |
|
Health Walks and Befriending |
– |
– |
– |
|
Strategic Report |
– |
– |
– |
|
Think Health Think Nature |
– |
– |
– |
|
Climate Feis |
– |
389 |
389 |
|
Digital Woodland |
– |
12,737 |
12,737 |
|
Donations Expenditure |
– |
27,266 |
27,266 |
|
Woodland Classroom |
– |
– |
– |
|
Scottish Forestry Highlands & Islands Conservancy |
– |
2,243 |
2,243 |
|
Energy Savings Trust |
– |
1,065 |
1,066 |
|
Support costs |
1,015 |
– |
1,014 |
|
------- |
-------- |
-------- |
||
|
|
|
||
------- |
-------- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
||
Local Development Officer |
2,341 |
30,876 |
33,217 |
|
Kirkton Woodland Planting and Fencing |
– |
11,062 |
11,062 |
|
Health Walks and Befriending |
– |
1,446 |
1,446 |
|
Strategic Report |
– |
1,819 |
1,819 |
|
Think Health Think Nature |
– |
4,870 |
4,870 |
|
Climate Feis |
– |
– |
– |
|
Digital Woodland |
– |
– |
– |
|
Donations Expenditure |
– |
– |
– |
|
Woodland Classroom |
– |
500 |
500 |
|
Scottish Forestry Highlands & Islands Conservancy |
– |
– |
– |
|
Energy Savings Trust |
– |
1,488 |
1,488 |
|
Support costs |
1,024 |
– |
1,024 |
|
------- |
-------- |
-------- |
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|
|
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------- |
-------- |
-------- |
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Grant funding of activities |
Support costs |
Total funds 2023 |
Total fund 2022 |
||
£ |
£ |
£ |
£ |
||
Local Development Officer |
73 |
– |
73 |
33,217 |
|
Kirkton Woodland Planting and Fencing |
21,884 |
– |
21,884 |
11,062 |
|
Health Walks and Befriending |
– |
– |
– |
1,446 |
|
Strategic Report |
– |
– |
– |
1,819 |
|
Think Health Think Nature |
– |
– |
– |
4,870 |
|
Climate Feis |
389 |
– |
389 |
– |
|
Digital Woodland |
12,737 |
– |
12,737 |
– |
|
Donations Expenditure |
27,266 |
– |
27,266 |
– |
|
Woodland Classroom |
– |
– |
– |
500 |
|
Scottish Forestry Highlands & Islands Conservancy |
2,243 |
– |
2,243 |
– |
|
Energy Savings Trust |
1,066 |
– |
1,066 |
1,488 |
|
Governance costs |
– |
1,014 |
1,014 |
1,024 |
|
-------- |
------- |
-------- |
-------- |
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|
|
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-------- |
------- |
-------- |
-------- |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
£ |
||
Loss on disposal of tangible fixed assets held for charity's own use |
(
|
(
|
– |
– |
|
------- |
------- |
---- |
---- |
||
2023 |
2022 |
|
£ |
£ |
|
Depreciation of tangible fixed assets |
12,140 |
13,878 |
Gains on disposal of tangible fixed assets |
(3,999) |
– |
Fees payable for the audit of the financial statements |
1,014 |
1,024 |
-------- |
-------- |
|
2023 |
2022 |
|
£ |
£ |
|
Independent examination of the financial statements |
1,015 |
1,025 |
------- |
------- |
|
2023 |
2022 |
|
£ |
£ |
|
Wages and salaries |
– |
|
Employer contributions to pension plans |
– |
1,892 |
---- |
-------- |
|
– |
|
|
---- |
-------- |
|
2023 |
2022 |
|
No. |
No. |
|
Local Development Officer |
– |
1 |
---- |
---- |
|
Land and buildings |
Fixtures and fittings |
Equipment |
Tree House |
Total |
|
£ |
£ |
£ |
£ |
£ |
|
Cost |
|||||
At 6 April 2022 |
|
|
|
30,000
|
|
Disposals |
– |
(
|
– |
– |
(
|
--------- |
-------- |
------- |
-------- |
--------- |
|
At 5 April 2023 |
|
|
|
30,000
|
|
--------- |
-------- |
------- |
-------- |
--------- |
|
Depreciation |
|||||
At 6 April 2022 |
|
|
|
30,000
|
|
Charge for the year |
|
|
|
– |
|
Disposals |
– |
(
|
– |
– |
(
|
--------- |
-------- |
------- |
-------- |
--------- |
|
At 5 April 2023 |
|
|
|
30,000
|
|
--------- |
-------- |
------- |
-------- |
--------- |
|
Carrying amount |
|||||
At 5 April 2023 |
|
|
|
– |
|
--------- |
-------- |
------- |
-------- |
--------- |
|
At 5 April 2022 |
|
|
|
– |
|
--------- |
-------- |
------- |
-------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Finished goods and goods for resale |
|
|
------- |
------- |
|
2023 |
2022 |
|
£ |
£ |
|
Trade debtors |
|
|
Amounts owed by Kirkton Trading Ltd and café Ceardach Ltd |
|
|
Other debtors |
|
|
------- |
-------- |
|
|
|
|
------- |
-------- |
|
2023 |
2022 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
– |
Trade creditors |
|
|
Other creditors |
|
|
-------- |
-------- |
|
|
|
|
-------- |
-------- |
|
At 6 April 2022 |
Income |
Expenditure |
At 5 April 2023 |
|
£ |
£ |
£ |
£ |
|
General funds |
44,087 |
28,512 |
(68,978) |
3,621 |
Plot 1 |
60,000 |
– |
– |
60,000 |
Cafe Ceardach assets and improvements |
264,316 |
– |
– |
264,316 |
Revaluation reserve |
50,000 |
– |
– |
50,000 |
--------- |
-------- |
-------- |
--------- |
|
418,403 |
28,512 |
(68,978) |
377,937 |
|
--------- |
-------- |
-------- |
--------- |
|
At 6 April 2021 |
Income |
Expenditure |
At 5 April 2022 |
|
£ |
£ |
£ |
£ |
|
General funds |
63,547 |
11,521 |
(30,981) |
44,087 |
Plot 1 |
60,000 |
– |
– |
60,000 |
Cafe Ceardach assets and improvements |
264,316 |
– |
– |
264,316 |
Revaluation reserve |
50,000 |
– |
– |
50,000 |
--------- |
-------- |
-------- |
--------- |
|
437,863 |
11,521 |
(30,981) |
418,403 |
|
--------- |
-------- |
-------- |
--------- |
|
At 6 April 2022 |
Income |
Expenditure |
At 5 April 2023 |
|
£ |
£ |
£ |
£ |
|
Restricted Fund |
45,737 |
18,586 |
(65,657) |
(1,334) |
-------- |
-------- |
-------- |
------- |
|
At 6 April 2021 |
Income |
Expenditure |
At 5 April 2022 |
|
£ |
£ |
£ |
£ |
|
Restricted Fund |
21,499 |
76,299 |
(52,061) |
45,737 |
-------- |
-------- |
-------- |
-------- |
|