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REGISTERED NUMBER: SC455608 (Scotland)















Financial Statements for the Year Ended 31 July 2024

for

Baillie Wind Farm Community Benefit Fund

Baillie Wind Farm Community Benefit Fund (Registered number: SC455608)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Baillie Wind Farm Community Benefit Fund

Company Information
for the Year Ended 31 July 2024







DIRECTORS: T B Pottinger
P D Budden
D J Chambers
P MacDonald
Mrs N Herd
Mrs I J Mackenzie
M G Sutherland
G Stronach
Miss N Clugston
Mrs M Webster
Mrs N Manson





SECRETARY: Caithness Chamber of Commerce





REGISTERED OFFICE: Naver Business Centre
Naver House
Naver Road
Thurso
KW14 7QA





REGISTERED NUMBER: SC455608 (Scotland)





ACCOUNTANTS: Reid & Fraser
Chartered Accountants
15 Princes Street
Thurso
Caithness
KW14 7BQ

Baillie Wind Farm Community Benefit Fund (Registered number: SC455608)

Balance Sheet
31 July 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Cash at bank 221,819 252,483

CREDITORS
Amounts falling due within one year 4 (185,638 ) (182,225 )
NET CURRENT ASSETS 36,181 70,258
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,181

70,258

ACCRUALS AND DEFERRED INCOME 5 (63,243 ) (60,139 )
NET (LIABILITIES)/ASSETS (27,062 ) 10,119

RESERVES
Income and expenditure account (27,062 ) 10,119
(27,062 ) 10,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which 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 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 company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by:





P D Budden - Director


Baillie Wind Farm Community Benefit Fund (Registered number: SC455608)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Baillie Wind Farm Community Benefit Fund is a private company, limited by guarantee , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

GRANTS PAYABLE
Grants are charged to the profit and loss account in the year in which the Directors formally approve an award. Any grant awards unpaid at the year end are shown as liabilities in the balance sheet.

BAILLIE WIND FARM LTD FUNDING
Grant income received from Baillie Wind Farm Ltd is recognised as income in the accounting period for which it is due. Income for future periods is deferred and recognised as income in the year to which it relates.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 185,638 182,225

5. ACCRUALS AND DEFERRED INCOME

2023 2023
£ £
Baillie Wind Farm Ltd 63,243 60,139