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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 directors' report) |
1 |
Independent examiner's report to the trustees |
5 |
Statement of financial activities (including income and expenditure account) |
7 |
Statement of financial position |
8 |
Notes to the financial statements |
10 |
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Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Directors' 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 |
51 Atholl Road |
office |
Pitlochry |
Perthshire |
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PH16 5BU |
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(Retired
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(Retired
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(Retired
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(Appointed
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Company secretary |
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Independent examiner |
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30 Bonnethill Road |
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Pitlochry |
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PH16 5BS |
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Trustee |
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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 membership |
5 |
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Charitable activities |
6 |
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– |
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Investment income |
7 |
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Other income |
8 |
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– |
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-------- |
------- |
-------- |
--------- |
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Total income |
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-------- |
------- |
-------- |
--------- |
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Investment management costs |
9 |
(
2,582) |
– |
(
2,582) |
(
2,925) |
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Expenditure on charitable activities |
10,11 |
(
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(
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(
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(
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-------- |
------- |
-------- |
-------- |
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Total expenditure |
(
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(
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(
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(
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-------- |
------- |
-------- |
-------- |
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Net losses on investments |
12 |
(
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(
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(
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(
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-------- |
------- |
-------- |
-------- |
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Net (expenditure)/income 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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Total funds carried forward |
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--------- |
-------- |
--------- |
--------- |
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Company Limited by Guarantee |
Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
£ |
Tangible fixed assets |
17 |
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Investments |
18 |
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--------- |
--------- |
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Stock |
19 |
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Debtors |
20 |
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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 |
21 |
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--------- |
--------- |
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Net current assets |
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--------- |
--------- |
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Total assets less current liabilities |
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--------- |
--------- |
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Net assets |
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--------- |
--------- |
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Restricted funds |
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Revaluation reserve |
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Other unrestricted income funds |
387,725 |
392,315 |
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--------- |
--------- |
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Total unrestricted funds |
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--------- |
--------- |
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Total charity funds |
23 |
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--------- |
--------- |
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Company Limited by Guarantee |
Statement of Financial Position (continued) |
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Trustee |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Fixtures and fittings |
- |
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Computer equipment |
- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
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Cash donations |
1,459 |
747 |
2,206 |
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Trading stock donations |
840 |
– |
840 |
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Subscriptions and contributions to Clan Annual |
11,610 |
– |
11,610 |
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-------- |
---- |
-------- |
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-------- |
---- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
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Cash donations |
54,656 |
5,997 |
60,652 |
|
Trading stock donations |
– |
– |
– |
|
Subscriptions and contributions to Clan Annual |
10,982 |
– |
10,982 |
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-------- |
------- |
-------- |
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-------- |
------- |
-------- |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Sale of goods/services as part of direct charitable activities |
2,255 |
2,255 |
6,430 |
6,430 |
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Income from Clan Gathering |
8,955 |
8,955 |
3,001 |
3,001 |
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-------- |
-------- |
------- |
------- |
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-------- |
-------- |
------- |
------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Income from investment properties |
18,696 |
– |
18,696 |
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Income from listed investments |
4,887 |
2,430 |
7,317 |
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Bank interest receivable |
331 |
121 |
452 |
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-------- |
------- |
-------- |
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-------- |
------- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
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Income from investment properties |
18,696 |
– |
18,696 |
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Income from listed investments |
5,043 |
2,359 |
7,401 |
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Bank interest receivable |
8 |
21 |
29 |
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-------- |
------- |
-------- |
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-------- |
------- |
-------- |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
£ |
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Employment Allowance |
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------- |
------- |
------- |
------- |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Portfolio management |
522 |
522 |
1,099 |
1,099 |
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Property insurance |
1,727 |
1,727 |
1,653 |
1,653 |
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Property security |
333 |
333 |
173 |
173 |
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------- |
------- |
------- |
------- |
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2,582 |
2,582 |
2,925 |
2,925 |
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------- |
------- |
------- |
------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
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Clan promotion |
45,507 |
2,840 |
48,346 |
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Support costs |
6,004 |
– |
6,005 |
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-------- |
------- |
-------- |
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-------- |
------- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
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Clan promotion |
33,980 |
1,266 |
35,245 |
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Support costs |
6,467 |
– |
6,465 |
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-------- |
------- |
-------- |
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-------- |
------- |
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Activities undertaken directly |
Support costs |
Total funds 2023 |
Total fund 2022 |
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£ |
£ |
£ |
£ |
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Clan promotion |
48,346 |
– |
48,346 |
35,245 |
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Governance costs |
– |
6,005 |
6,005 |
6,465 |
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-------- |
------- |
-------- |
-------- |
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-------- |
------- |
-------- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
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Gains/(losses) on listed investments |
(
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(
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(
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---- |
---- |
------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
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Gains/(losses) on listed investments |
|
(
|
(
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|
---- |
------- |
------- |
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2023 |
2022 |
|
£ |
£ |
|
Depreciation of tangible fixed assets |
55 |
65 |
Foreign exchange differences |
201 |
373 |
---- |
---- |
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2023 |
2022 |
|
£ |
£ |
|
Independent examination of the financial statements |
3,300 |
3,875 |
------- |
------- |
|
2023 |
2022 |
|
£ |
£ |
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Wages and salaries |
|
|
Social security costs |
|
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Employer contributions to pension plans |
367 |
332 |
-------- |
-------- |
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-------- |
-------- |
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2023 |
2022 |
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No. |
No. |
|
Number of staff - administration |
1 |
1 |
---- |
---- |
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Investment property |
Fixtures and fittings |
Computer equipment |
Total |
|
£ |
£ |
£ |
£ |
|
Cost |
||||
At 1 January 2023 and 31 December 2023 |
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--------- |
------- |
---- |
--------- |
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Depreciation |
||||
At 1 January 2023 |
– |
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Charge for the year |
– |
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– |
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--------- |
------- |
---- |
--------- |
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At 31 December 2023 |
– |
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--------- |
------- |
---- |
--------- |
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Carrying amount |
||||
At 31 December 2023 |
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|
– |
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--------- |
------- |
---- |
--------- |
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At 31 December 2022 |
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|
– |
|
--------- |
------- |
---- |
--------- |
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Investment property |
|
£ |
|
At 31 December 2023 |
|
Aggregate cost |
220,000 |
Aggregate depreciation |
– |
--------- |
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Carrying value |
|
--------- |
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At 31 December 2022 |
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Aggregate cost |
220,000 |
Aggregate depreciation |
– |
--------- |
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Carrying value |
|
--------- |
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Listed investments |
|
£ |
|
Cost or valuation |
|
At 1 January 2023 |
154,169 |
Additions |
– |
Fair value movements |
(1,806) |
--------- |
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At 31 December 2023 |
152,363 |
--------- |
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Impairment |
|
At 1 January 2023 and 31 December 2023 |
|
Carrying amount |
|
At 31 December 2023 |
152,363 |
--------- |
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At 31 December 2022 |
154,169 |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Raw materials and consumables |
|
|
------- |
------- |
|
2023 |
2022 |
|
£ |
£ |
|
Trade debtors |
|
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Prepayments and accrued income |
|
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Other debtors |
|
|
------- |
------- |
|
|
|
|
------- |
------- |
|
2023 |
2022 |
|
£ |
£ |
|
Accruals and deferred income |
|
|
Social security and other taxes |
|
|
Subscriptions in advance |
|
|
Other creditors |
|
|
-------- |
-------- |
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-------- |
-------- |
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At 1 January 2023 |
Income |
Expenditure |
Gains and losses |
At 31 December 2023 |
|
£ |
£ |
£ |
£ |
£ |
|
General funds |
392,315 |
50,328 |
(54,093) |
(825) |
387,725 |
Revaluation reserve |
255,000 |
– |
– |
– |
255,000 |
--------- |
-------- |
-------- |
---- |
--------- |
|
647,315 |
50,328 |
(54,093) |
(825) |
642,725 |
|
--------- |
-------- |
-------- |
---- |
--------- |
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At 1 January 2022 |
Income |
Expenditure |
Gains and losses |
At 31 December 2022 |
|
£ |
£ |
£ |
£ |
£ |
|
General funds |
335,222 |
100,018 |
(43,372) |
447 |
392,315 |
Revaluation reserve |
255,000 |
– |
– |
– |
255,000 |
--------- |
--------- |
-------- |
---- |
--------- |
|
590,222 |
100,018 |
(43,372) |
447 |
647,315 |
|
--------- |
--------- |
-------- |
---- |
--------- |
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At 1 January 2023 |
Income |
Expenditure |
Gains and losses |
At 31 December 2023 |
|
£ |
£ |
£ |
£ |
£ |
|
Genealogy |
3,225 |
– |
– |
– |
3,225 |
Educational |
54,232 |
2,430 |
– |
(981) |
55,681 |
Struan Kirk |
12,663 |
868 |
(2,840) |
– |
10,691 |
Piper statue fund |
5,000 |
– |
– |
– |
5,000 |
-------- |
------- |
------- |
---- |
-------- |
|
75,120 |
3,298 |
(2,840) |
(981) |
74,597 |
|
-------- |
------- |
------- |
---- |
-------- |
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At 1 January 2022 |
Income |
Expenditure |
Gains and losses |
At 31 December 2022 |
|
£ |
£ |
£ |
£ |
£ |
|
Genealogy |
3,225 |
– |
– |
– |
3,225 |
Educational |
54,336 |
2,359 |
– |
(2,463) |
54,232 |
Struan Kirk |
7,911 |
6,018 |
(1,266) |
– |
12,663 |
Piper statue fund |
5,000 |
– |
– |
– |
5,000 |
-------- |
------- |
------- |
------- |
-------- |
|
70,472 |
8,377 |
(1,266) |
(2,463) |
75,120 |
|
-------- |
------- |
------- |
------- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
||
Tangible fixed assets |
475,314 |
– |
475,314 |
|
Investments |
111,587 |
40,776 |
152,363 |
|
Current assets |
71,125 |
33,821 |
104,946 |
|
Creditors less than 1 year |
(15,301) |
– |
(15,301) |
|
--------- |
-------- |
--------- |
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Net assets |
642,725 |
74,597 |
717,322 |
|
--------- |
-------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
||
Tangible fixed assets |
475,369 |
– |
475,369 |
|
Investments |
112,411 |
41,758 |
154,169 |
|
Current assets |
74,126 |
33,362 |
107,488 |
|
Creditors less than 1 year |
(14,591) |
– |
(14,591) |
|
--------- |
-------- |
--------- |
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Net assets |
647,315 |
75,120 |
722,435 |
|
--------- |
-------- |
--------- |
||
2023 |
2022 |
|
£ |
£ |
|
Financial assets measured at fair value through income and expenditure |
152,363 |
154,169 |
--------- |
--------- |
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