IRIS Accounts Production v24.2.0.383 Other Company accounts True false Pounds 1.1.23 31.12.23 31.12.23 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2194402022-12-31SC2194402023-12-31SC2194402023-01-012023-12-31SC2194402021-12-31SC2194402022-01-012022-12-31SC2194402022-12-31SC219440ns0:CharitableCompanyLimitedByGuarantee2023-01-012023-12-31SC219440ns15:PoundSterling2023-01-012023-12-31SC219440ns11:FRS1022023-01-012023-12-31SC219440ns11:IndependentExaminationCharity2023-01-012023-12-31SC219440ns11:SmallCompaniesRegimeForAccounts2023-01-012023-12-31SC219440ns11:FullAccounts2023-01-012023-12-31SC219440ns11:CharitiesSORP2023-01-012023-12-31SC219440ns0:Trustee22023-01-012023-12-31SC219440ns0:Trustee12023-01-012023-12-31SC219440ns0:Trustee32023-01-012023-12-31SC219440ns0:Trustee42023-01-012023-12-31SC219440ns11:RegisteredOffice2023-01-012023-12-31SC219440ns0:Activity82023-01-012023-12-31SC219440ns0:Activity82022-01-012022-12-31SC219440ns10:WithinOneYear2023-12-31SC219440ns10:WithinOneYear2022-12-31SC219440ns0:TotalUnrestrictedFunds2023-12-31SC21944022023-01-012023-12-31
REGISTERED COMPANY NUMBER: SC219440 (Scotland)
REGISTERED CHARITY NUMBER: SC031740















Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 December 2023

for

South Uist Estates Charitable Trust

South Uist Estates Charitable Trust






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Reference and Administrative Details 1

Report of the Trustees 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Statement of Financial Position 5 to 6

Notes to the Financial Statements 7 to 10

South Uist Estates Charitable Trust

Reference and Administrative Details
for the Year Ended 31 December 2023



TRUSTEES T P Atkinson
Mrs S M Wood
A A Macmillan
Father M J MacDonald


COMPANY SECRETARY T P Atkinson


REGISTERED OFFICE 47-49 The Square
Kelso
Roxburghshire
TD5 7HW


REGISTERED COMPANY
NUMBER
SC219440 (Scotland)


REGISTERED CHARITY
NUMBER
SC031740


INDEPENDENT EXAMINER EQ Accountants (Trading name)
Douglas Home & Co Ltd
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

South Uist Estates Charitable Trust (Registered number: SC219440)

Report of the Trustees
for the Year Ended 31 December 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 December 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 Trust is held for charitable purposes and in particular of relieving poverty, advancing education and benefiting the communities of South Uist, Eriskay and Benbecula.

Significant activities
During the year the trust distributed funds for the provision of piping lessons for local children.

FINANCIAL REVIEW
Financial position
At the year end the Charitable Trust had significant funds in hand due solely to the donation from South Uist Estates Limited (in 2006).

Reserves policy
The Charitable Trust has free reserves available to carry forward.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its Memorandum and Articles of Association and constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2006. Liability of members is limited to £1.

Approved by order of the board of trustees on 3 July 2024 and signed on its behalf by:





Mrs S M Wood - Trustee

Independent Examiner's Report to the Trustees of
South Uist Estates Charitable Trust (Registered number: SC219440)

I report on the accounts for the year ended 31 December 2023 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.








Caroline Tice BA CA
The Institute of Chartered Accountants of Scotland

EQ Accountants (Trading name)
Douglas Home & Co Ltd
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

3 July 2024

South Uist Estates Charitable Trust

Statement of Financial Activities
for the Year Ended 31 December 2023

31/12/23 31/12/22
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM

Investment income 2 494 244

EXPENDITURE ON
Charitable activities 3
Piping lessons for local children 1,164 1,056

NET INCOME/(EXPENDITURE) (670 ) (812 )


RECONCILIATION OF FUNDS
Total funds brought forward 16,350 17,162

TOTAL FUNDS CARRIED FORWARD 15,680 16,350

South Uist Estates Charitable Trust (Registered number: SC219440)

Statement of Financial Position
31 December 2023

31/12/23 31/12/22
Unrestricted Total
fund funds
Notes £    £   
CURRENT ASSETS
Debtors 6 494 294
Cash at bank 16,287 17,073
16,781 17,367

CREDITORS
Amounts falling due within one year 7 (1,101 ) (1,017 )

NET CURRENT ASSETS 15,680 16,350

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,680

16,350

NET ASSETS 15,680 16,350
FUNDS 8
Unrestricted funds 15,680 16,350
TOTAL FUNDS 15,680 16,350

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


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


South Uist Estates Charitable Trust (Registered number: SC219440)

Statement of Financial Position - continued
31 December 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 3 July 2024 and were signed on its behalf by:





S M Wood - Trustee

South Uist Estates Charitable Trust

Notes to the Financial Statements
for the Year Ended 31 December 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.

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.

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.

2. INVESTMENT INCOME
31/12/23 31/12/22
£    £   
Deposit account interest 494 244


South Uist Estates Charitable Trust

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 4) Totals
£    £    £   
Piping lessons for local children 360 804 1,164

4. SUPPORT COSTS
Governance
costs
£   
Piping lessons for local children 804

Support costs, included in the above, are as follows:
31/12/23 31/12/22
Piping
lessons
for local Total
children activities
£    £   
Insurance 75 75
Independent Examiners' fee 654 606
Professional fees 75 75
804 756

5. TRUSTEES' REMUNERATION AND BENEFITS

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


Trustees' expenses

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 494 294


South Uist Estates Charitable Trust

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Accrued expenses 1,101 1,017

8. MOVEMENT IN FUNDS
Net
movement At
At 1/1/23 in funds 31/12/23
£    £    £   
Unrestricted funds
General fund 16,350 (670 ) 15,680

TOTAL FUNDS 16,350 (670 ) 15,680

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 494 (1,164 ) (670 )

TOTAL FUNDS 494 (1,164 ) (670 )


Comparatives for movement in funds

Net
movement At
At 1/1/22 in funds 31/12/22
£    £    £   
Unrestricted funds
General fund 17,162 (812 ) 16,350

TOTAL FUNDS 17,162 (812 ) 16,350

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 244 (1,056 ) (812 )

TOTAL FUNDS 244 (1,056 ) (812 )

South Uist Estates Charitable Trust

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. MOVEMENT IN FUNDS - continued

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

Net
movement At
At 1/1/22 in funds 31/12/23
£    £    £   
Unrestricted funds
General fund 17,162 (1,482 ) 15,680

TOTAL FUNDS 17,162 (1,482 ) 15,680

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 738 (2,220 ) (1,482 )

TOTAL FUNDS 738 (2,220 ) (1,482 )

9. RELATED PARTY DISCLOSURES

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