IRIS Accounts Production v23.3.1.45 Other Company accounts True false Pounds 1.8.22 31.7.23 31.7.23 FY FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP true true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2344022022-07-31SC2344022023-07-31SC2344022022-08-012023-07-31SC2344022021-07-31SC2344022021-08-012022-07-31SC2344022022-07-31SC234402ns11:Originalns0:CharitableCompanyLimitedByGuarantee2022-08-012023-07-31SC234402ns11:Original2022-08-012023-07-31SC234402ns15:PoundSterlingns11:Original2022-08-012023-07-31SC234402ns11:Original2022-07-31SC234402ns11:Original2023-07-31SC234402ns11:Originalns11:FRS1022022-08-012023-07-31SC234402ns11:IndependentExaminationCharityns11:Original2022-08-012023-07-31SC234402ns11:Originalns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-08-012023-07-31SC234402ns11:Originalns11:FullAccounts2022-08-012023-07-31SC234402ns11:Originalns11:CharitiesSORP2022-08-012023-07-31SC234402ns11:Originalns16:EnglandWales2022-08-012023-07-31SC234402ns11:Originalns11:RegisteredOffice2022-08-012023-07-31SC234402ns11:Originalns0:Trustee22022-08-012023-07-31SC234402ns11:Originalns0:Trustee32022-08-012023-07-31SC234402ns11:Originalns0:Trustee42022-08-012023-07-31SC234402ns11:Originalns0:Trustee52022-08-012023-07-31SC234402ns11:Originalns0:Trustee62022-08-012023-07-31SC234402ns11:Originalns0:Trustee12022-08-012023-07-31SC234402ns0:Trustee7ns11:Original2022-08-012023-07-31SC234402ns0:Trustee8ns11:Original2022-08-012023-07-31SC234402ns11:Originalns0:Trustee92022-08-012023-07-31SC234402ns11:Originalns0:Trustee102022-08-012023-07-31SC234402ns0:Trustee11ns11:Original2022-08-012023-07-31SC234402ns11:Originalns0:Trustee122022-08-012023-07-31SC234402ns11:Originalns0:Trustee132022-08-012023-07-31SC234402ns11:Originalns0:Trustee142022-08-012023-07-31SC234402ns0:Trustee15ns11:Original2022-08-012023-07-31SC234402ns11:Originalns0:Trustee162022-08-012023-07-31SC234402ns11:Originalns0:Trustee172022-08-012023-07-31SC234402ns11:Originalns0:Trustee182022-08-012023-07-31SC234402ns11:Originalns0:Trustee192022-08-012023-07-31SC234402ns11:Originalns11:CompanySecretary12022-08-012023-07-31SC234402ns11:Originalns0:TotalUnrestrictedFunds2022-08-012023-07-31SC234402ns11:Originalns0:TotalRestrictedIncomeFunds2022-08-012023-07-31SC234402ns11:Original2021-08-012022-07-31SC234402ns11:Originalns0:Activity82022-08-012023-07-31SC234402ns11:Originalns0:Activity8ns0:TotalUnrestrictedFunds2022-08-012023-07-31SC234402ns11:Originalns0:Activity8ns0:TotalRestrictedIncomeFunds2022-08-012023-07-31SC234402ns11:Originalns0:Activity82021-08-012022-07-31SC234402ns11:Originalns0:TotalUnrestrictedFunds2022-07-31SC234402ns11:Originalns0:TotalRestrictedIncomeFunds2022-07-31SC234402ns11:Original2021-07-31SC234402ns11:Originalns0:TotalUnrestrictedFunds2023-07-31SC234402ns11:Originalns0:TotalRestrictedIncomeFunds2023-07-31SC234402ns11:Original2022-07-31SC234402ns11:Originalns10:WithinOneYear2023-07-31SC234402ns11:Originalns10:WithinOneYear2022-07-31SC234402ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2022-08-012023-07-31SC234402ns10:FurnitureFittingsToolsEquipmentns11:Original2022-08-012023-07-31SC234402ns11:Original22022-08-012023-07-31SC234402ns11:Original12022-08-012023-07-31SC234402ns11:Original12021-08-012022-07-31SC234402ns11:Originalns10:OwnedAssets2022-08-012023-07-31SC234402ns11:Originalns10:OwnedAssets2021-08-012022-07-31SC234402ns11:Originalns0:TotalUnrestrictedFunds2021-08-012022-07-31SC234402ns11:Originalns0:TotalRestrictedIncomeFunds2021-08-012022-07-31SC234402ns11:Originalns0:Activity8ns0:TotalUnrestrictedFunds2021-08-012022-07-31SC234402ns11:Originalns0:Activity8ns0:TotalRestrictedIncomeFunds2021-08-012022-07-31SC234402ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2022-07-31SC234402ns11:Originalns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2022-07-31SC234402ns10:PlantMachineryns11:Original2022-07-31SC234402ns11:Originalns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2022-08-012023-07-31SC234402ns10:PlantMachineryns11:Original2022-08-012023-07-31SC234402ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2023-07-31SC234402ns11:Originalns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2023-07-31SC234402ns10:PlantMachineryns11:Original2023-07-31SC234402ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2022-07-31SC234402ns11:Originalns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2022-07-31SC234402ns10:PlantMachineryns11:Original2022-07-31SC234402ns11:Originalns10:FurnitureFittings2022-07-31SC234402ns11:Originalns10:ComputerEquipment2022-07-31SC234402ns11:Originalns10:FurnitureFittings2022-08-012023-07-31SC234402ns11:Originalns10:ComputerEquipment2022-08-012023-07-31SC234402ns11:Originalns10:FurnitureFittings2023-07-31SC234402ns11:Originalns10:ComputerEquipment2023-07-31SC234402ns11:Originalns10:FurnitureFittings2022-07-31SC234402ns11:Originalns10:ComputerEquipment2022-07-31
REGISTERED COMPANY NUMBER: SC234402 (Scotland)
REGISTERED CHARITY NUMBER: SC28732
























REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

THE CLAN MACQUARRIE COMMUNITY CENTRE

THE CLAN MACQUARRIE COMMUNITY CENTRE

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Report of the Trustees 1 to 4

Independent Examiner's Report 5

Statement of Financial Activities 6

Balance Sheet 7 to 8

Notes to the Financial Statements 9 to 16

THE CLAN MACQUARRIE COMMUNITY CENTRE (REGISTERED NUMBER: SC234402)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2023



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 July 2023. 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 objects of the charity are:-
- to promote the benefit of the community resident from Galson to Ballantrushal, Isle of Lewis by associating with local authorities, voluntary organisations and residents in a common effort to further health, to advance education, to provide a meeting place and facilities for training and recreation, and social, moral and intellectual development, and to foster a community spirit for the achievement of these and other such objects;
- to secure the establishment, maintenance and management of a Community Centre for activities promoted by the charity in furtherance of the above objects or any of them.

Significant activities
During the financial year, the Committee was able to complete some further improvements around the Centre - Inspiring Scotland providing £9,547 for paths, ramp, deer gates, additional walling and compost etc

A further smaller grant of £1,000 towards the Garden project was also provided by Western Isles Development Trust

Urras Oighreachd Ghabhsainn has continued to be very supportive of our aims - continuing to help with staffing for our Hebridean Community Garden project as well as supporting other activities, particularly via their successful, well-established Ploigh and Sunnd initiatives

Normal out-door maintenance work by volunteers/committee continued during the year (painting, weeding etc).

We have benefited from grants via Crown Estate Fund (administered through Comhairle nan Eilean Siar) - these funds have allowed us to employ a part-time member of staff to help boost the user numbers at the community centre and prepare to extend the community garden and to install external CCTV

CnES have also generously supported us with a grant of £1,950 to run "warm hub" type activities during the 2023/24 winter period

Importantly, and largely thanks to some of the funding support received, we were able to continue attracting visitors and users to a wide variety of activities (eg Burns Supper, charity lunches, ceilidh events, kids Christmas party and family celebrations all re-started in earnest; new activities included Thig a Chluich playgroup and an event in conjunction with An Lanntair as well as a high-profile 3-week exhibition about emigration from the Western Isles)

The footfall through the Centre during the 9 months to 31st July 2023 has numbered around 1,250 plus a further 165 volunteer attendances

We were pleased to welcome new volunteers to help us with our activities throughout the year

The Committee is grateful to the contractors who so efficiently completed work for us during the year, also to all our funders and, of course, to our numerous volunteers

The sale of the old hall in Borve saw us benefit financially from a share of the sale proceeds in the sum of £2,159, for which we are very grateful

Energy costs - we consider ourselves fortunate that we were able to enter into a 3 year fixed rate contract with Scottish Power from 1st December 2021, which provides a relatively affordable tariff compared with the subsequent prices on offer to consumers/businesses


THE CLAN MACQUARRIE COMMUNITY CENTRE (REGISTERED NUMBER: SC234402)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2023


OBJECTIVES AND ACTIVITIES
Volunteers
The contribution of volunteers (including directors, members and individuals from the community) has been and continues to be, of immense benefit to the charity in establishing, maintaining and managing the community centre.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
As indicated above, within the Significant Activities section, bookings continued to build in a very positive way throughout the financial year ended 31st July 2023 and we feel comfortable in stating that the Centre is back to operating a full range of activities again, following the previous severe negative impacts of the coronavirus pandemic

The Committee, staff and community volunteers help us to successfully deliver events and activities in our own right and we also provide hire and activity opportunities to a diverse range of other users from the local and wider community

FINANCIAL REVIEW
Principal funding sources
Funds generated via Feed-In Tariff by our two wind turbines plus hire/events income, donations, non-specific grants and additional grant monies paid in advance and unspent at 31st July 2023 have contributed towards a positive cashflow during the financial year.

Cashflow, excluding unspent grant monies already in our account, is estimated to have been moderately positive too, further assisted by a Performance Grant of £700 received from Comhairle nan Eilean Siar.

Certain projects to enhance the Centre's facilities and surroundings have been carried out during the period but these have generally been fully funded from specific, non-recurring grant support, as detailed in the Significant Activities section.

Cash reserves held are a source of comfort in terms of future expenditure, including as a contingency against repairs and maintenance, drop-off in hire and other income and/or against any further breakdowns with the wind turbines. Our reserves also provide a cushion against increasing general costs/inflation.

Investment policy and objectives
The charity's reserves are maintained in bank accounts as the current level of reserves are required to meet the organisation's short term operational requirements.

Reserves policy
The general fund represents the unrestricted funds from past operating results and the free reserves of the charity. The trustees consider that the level of free reserves at 31 July 2023, which equates to approximately 24 months operating expenditure, is sufficient to meet the charity's operational requirements given the ongoing rental and fundraising events income being received. The trustees ensure that the ongoing running costs are met by the projected recurring future income streams.

During the year the charity's resources expended exceeded incoming resources resulting in net expenditure of £25,404 for the period (2022 - net expenditure of £14,699). This represents a decrease in unrestricted funds of £7,541 and a decrease of £17,863 in restricted funds. Unrestricted reserves has as a result decreased to £84,587.

The deficit on restricted funds is mainly due to depreciation charged on the cost of the centre. This depreciation is met by capital grants received to fund the building of the centre which are held in restricted funds.


THE CLAN MACQUARRIE COMMUNITY CENTRE (REGISTERED NUMBER: SC234402)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2023


FUTURE PLANS
The Committee hope to continue gradually increase and expand the types of activities and events undertaken - progress already made during the last year, with the benefit of having established a part-time development post

Extending the community garden, installing CCTV and running an activity hub over the winter months is on the immediate plan

We will also continue to look for opportunities to further improve the facilities and surroundings at the Centre, as and when funding permits

In addition, we would like to see the extension of a development officer post beyond the term of the current funding (which ends on 31st October 2024)

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a charitable company limited by guarantee, incorporated on 22 July 2002 and registered as a charity with effect from 22 July 2002. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

The organisation is registered with the Scottish Charity Regulator and the Scottish Charity Number is SC028732.

Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purposes of charity law.

Under the requirements of the Memorandum and Articles of Association the elected directors are appointed by all the members at the Annual General Meeting. One third of the elected directors must retire by rotation at each Annual General Meeting. Any nominated member may appoint one director.

Organisational structure
The board consists of voluntary directors who manage the affairs of the charity through regular board meetings where matters are discussed and agreed. The decisions taken by the board are implemented by the executive members which includes chair, vice-chair, secretary and treasurer. The charity has no employees. The charity appointed professional advisers to assist in the management of the construction programme for the community centre.

Induction and training of new trustees
The charity undertakes training for trustees to ensure awareness and understanding of:-
- the responsibilities of directors;
- the organisational structure of the charity;
- the financial position of the charity; and
- the future plans and objectives of the charity.

Wider network
The charity has established links with other organisations and agencies to foster the aims and objectives of the organisation.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC234402 (Scotland)

Registered Charity number
SC28732

Registered office
Clan Macquarrie Community Centre
Borve
Isle of Lewis
HS2 0RX

THE CLAN MACQUARRIE COMMUNITY CENTRE (REGISTERED NUMBER: SC234402)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2023


Trustees
E Macleay
D A Macdonald (resigned 7.10.22)
D M Vann
P Macdonald
I Murray
N Smith
C Macdonald
M J Maciver (resigned 29.5.23)
A Rennie
S S Reynolds
M Nicholson
L C Saunders (resigned 8.5.23)
J M Mccartney
K Matheson
F Rennie (resigned 14.11.22)
K Smith
A Morrison
D Mackay
A H Jack (appointed 14.11.22)

Company Secretary
D A Macdonald

Independent Examiner
CIB Services
Chartered Accountants
63 Kenneth Street
Stornoway
Isle of Lewis
Western Isles
HS1 2DS

Bankers
Royal Bank of Scotland
17 North Beach Street
Stornoway
Isle of Lewis
HS1 2XH

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 13 November 2023 and signed on its behalf by:





N Smith - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE CLAN MACQUARRIE COMMUNITY CENTRE



I report on the accounts for the year ended 31 July 2023 set out on pages six to sixteen.

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.








Calum Macdonald
The Institute of Chartered Accountants of Scotland

CIB Services
Chartered Accountants
63 Kenneth Street
Stornoway
Isle of Lewis
Western Isles
HS1 2DS

13 November 2023

THE CLAN MACQUARRIE COMMUNITY CENTRE

STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 JULY 2023

31.7.23 31.7.22
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 3,485 - 3,485 670

Charitable activities 3
Community Centre 10,669 27,797 38,466 58,584

Other income 5,355 - 5,355 5,860
Total 19,509 27,797 47,306 65,114

EXPENDITURE ON
Charitable activities
Community Centre 27,050 45,660 72,710 79,813

NET INCOME/(EXPENDITURE) (7,541 ) (17,863 ) (25,404 ) (14,699 )


RECONCILIATION OF FUNDS
Total funds brought forward 92,128 397,203 489,331 504,030

TOTAL FUNDS CARRIED FORWARD 84,587 379,340 463,927 489,331

THE CLAN MACQUARRIE COMMUNITY CENTRE (REGISTERED NUMBER: SC234402)

BALANCE SHEET
31 JULY 2023

31.7.23 31.7.22
Notes £    £   
FIXED ASSETS
Tangible assets 8 412,227 451,198

CURRENT ASSETS
Stocks 9 650 400
Debtors 10 1,370 1,216
Cash at bank 51,815 41,126
53,835 42,742

CREDITORS
Amounts falling due within one year 11 (2,135 ) (4,609 )

NET CURRENT ASSETS 51,700 38,133

TOTAL ASSETS LESS CURRENT LIABILITIES 463,927 489,331

NET ASSETS 463,927 489,331
FUNDS 13
Unrestricted funds 84,587 92,128
Restricted funds 379,340 397,203
TOTAL FUNDS 463,927 489,331

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.


THE CLAN MACQUARRIE COMMUNITY CENTRE (REGISTERED NUMBER: SC234402)

BALANCE SHEET - continued
31 JULY 2023

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 13 November 2023 and were signed on its behalf by:





N Smith - Trustee

THE CLAN MACQUARRIE COMMUNITY CENTRE

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


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.

The financial statements are prepared in sterling which is the functional currency of the charity.

In light of the COVID-19 pandemic the directors consider that there are no material uncertainties about the company's ability to continue as a going concern. The directors also consider that there are no significant areas of judgements, estimates or key assumptions that affect items in the accounts.

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.

Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its objects and activities. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. The allocation of direct and support costs are analysed in the notes to the financial statements.

Governance costs
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include audit fees and costs linked to the strategic management of the charity.

Allocation and apportionment of costs
All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. estimated usage.

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 - 4% on cost and no depreciation on land
Fixtures and fittings - 20% on cost and 5% on cost

Tangible fixed assets are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £100 are not capitalised.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

THE CLAN MACQUARRIE COMMUNITY CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


1. ACCOUNTING POLICIES - continued

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

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

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.

2. DONATIONS AND LEGACIES
31.7.23 31.7.22
£    £   
Donations 3,485 670

3. INCOME FROM CHARITABLE ACTIVITIES
31.7.23 31.7.22
Activity £    £   
Hall Hires Community Centre 3,876 2,398
Weddings & Functions Community Centre 6,093 -
Grants Community Centre 28,497 56,186
38,466 58,584

Grants received, included in the above, are as follows:
31.7.23 31.7.22
£    £   
Comhairle nan Eilean Siar 17,950 700
Highlands and Islands Enterprise - 625
Urras Oighreachd Ghabhsainn - 3,000
Western Isles Development Trust 1,000 -
TESCO - 500
Finnis Scot Foundation - 3,000
Island Community Fund - 48,361
Inspiring Scotland 9,547 -
28,497 56,186


THE CLAN MACQUARRIE COMMUNITY CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


4. NET INCOME/(EXPENDITURE)

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

31.7.23 31.7.22
£    £   
Depreciation - owned assets 38,971 41,421

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2023 nor for the year ended 31 July 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2023 nor for the year ended 31 July 2022.


6. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.7.23 31.7.22
Charitable activities 1 -

No employees received emoluments in excess of £60,000.

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 670 - 670

Charitable activities
Community Centre 6,723 51,861 58,584

Other income 5,859 1 5,860
Total 13,252 51,862 65,114

EXPENDITURE ON
Charitable activities
Community Centre 24,044 55,769 79,813

NET INCOME/(EXPENDITURE) (10,792 ) (3,907 ) (14,699 )


RECONCILIATION OF FUNDS
Total funds brought forward 102,920 401,110 504,030


THE CLAN MACQUARRIE COMMUNITY CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
£    £    £   
TOTAL FUNDS CARRIED FORWARD 92,128 397,203 489,331

8. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 August 2022 and 31 July 2023 838,028 21,395 35,068
DEPRECIATION
At 1 August 2022 473,978 286 10,321
Charge for year 28,753 855 6,591
At 31 July 2023 502,731 1,141 16,912
NET BOOK VALUE
At 31 July 2023 335,297 20,254 18,156
At 31 July 2022 364,050 21,109 24,747

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2022 and 31 July 2023 215,415 780 1,110,686
DEPRECIATION
At 1 August 2022 174,123 780 659,488
Charge for year 2,772 - 38,971
At 31 July 2023 176,895 780 698,459
NET BOOK VALUE
At 31 July 2023 38,520 - 412,227
At 31 July 2022 41,292 - 451,198


THE CLAN MACQUARRIE COMMUNITY CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


9. STOCKS
31.7.23 31.7.22
£    £   
Stocks 650 400

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 664 -
Other debtors 706 1,216
1,370 1,216

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 1,150 23
Accruals and deferred income 985 4,586
2,135 4,609

12. ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.7.23 31.7.22
Unrestricted Restricted Total Total
funds funds funds funds
£    £    £    £   
Fixed assets 58,275 353,952 412,227 451,198
Current assets 28,447 25,388 53,835 42,742
Current liabilities (2,135 ) - (2,135 ) (4,609 )
84,587 379,340 463,927 489,331

13. MOVEMENT IN FUNDS
Net
movement At
At 1.8.22 in funds 31.7.23
£    £    £   
Unrestricted funds
General fund 74,337 (5,933 ) 68,404
Community Centre - Designated fund 17,791 (1,608 ) 16,183
92,128 (7,541 ) 84,587
Restricted funds
Community Centre - Capital fund 353,045 (27,502 ) 325,543
Garden Project 44,158 (3,750 ) 40,408
Restricted CNES Funding - 13,389 13,389
397,203 (17,863 ) 379,340
TOTAL FUNDS 489,331 (25,404 ) 463,927

THE CLAN MACQUARRIE COMMUNITY CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


13. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 19,509 (25,442 ) (5,933 )
Community Centre - Designated fund - (1,608 ) (1,608 )
19,509 (27,050 ) (7,541 )
Restricted funds
Community Centre - Capital fund - (27,502 ) (27,502 )
Garden Project 10,547 (14,297 ) (3,750 )
Restricted CNES Funding 17,250 (3,861 ) 13,389
27,797 (45,660 ) (17,863 )
TOTAL FUNDS 47,306 (72,710 ) (25,404 )


Comparatives for movement in funds

Net
movement At
At 1.8.21 in funds 31.7.22
£    £    £   
Unrestricted funds
General fund 83,525 (9,188 ) 74,337
Community Centre - Designated fund 19,395 (1,604 ) 17,791
102,920 (10,792 ) 92,128
Restricted funds
Community Centre - Capital fund 384,093 (31,048 ) 353,045
Garden Project 17,017 27,141 44,158
401,110 (3,907 ) 397,203
TOTAL FUNDS 504,030 (14,699 ) 489,331

THE CLAN MACQUARRIE COMMUNITY CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


13. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 13,252 (22,440 ) (9,188 )
Community Centre - Designated fund - (1,604 ) (1,604 )
13,252 (24,044 ) (10,792 )
Restricted funds
Community Centre - Capital fund - (31,048 ) (31,048 )
Garden Project 51,862 (24,721 ) 27,141
51,862 (55,769 ) (3,907 )
TOTAL FUNDS 65,114 (79,813 ) (14,699 )

FUNDS

General fund
The general fund represents unrestricted funds which the trustees are free to use in accordance with the charitable objects.

Community Centre - Designated fund
This represents funds designated by the trustees to assist with the planning and design costs of the community centre and the purchase of fixtures, fittings and equipment. The funds are utilised to fund the future depreciation of the capital expenditure.

Community Centre - Capital fund
This represents the funds raised from various organisations to assist in the building of the community centre and the purchase of fixtures, fittings and equipment. The funds are utilised to fund the future depreciation of the capital expenditure.

Garden Project - Restricted fund
This represents the funds raised to establish a Community Garden at the Centre.

Restricted CNES Funding - Restricted fund
This represents the funds raised from Comhairle nan Eilean Siar to assist in funding the development officer post and projects within the community centre.


THE CLAN MACQUARRIE COMMUNITY CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


14. CONTINGENT LIABILITIES

Big Lottery Fund have a standard security over the ground on which the centre is built. This security is taken by the Big Lottery Fund as part of the conditions of grant funding to allow clawback of grant should these conditions not be met.

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2023.

16. LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital. The liability of each member in the event of the company being wound up is restricted to £1.

17. PERMANENT ENDOWMENTS

The charity does not have any permanent endowments.