IRIS Accounts Production v24.3.0.553 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true true true false true false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2948982023-03-31SC2948982024-03-31SC2948982023-04-012024-03-31SC2948982022-03-31SC2948982022-04-012023-03-31SC2948982023-03-31SC294898ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-31SC294898ns15:PoundSterling2023-04-012024-03-31SC294898ns11:FRS1022023-04-012024-03-31SC294898ns11:IndependentExaminationCharity2023-04-012024-03-31SC294898ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC294898ns11:FullAccounts2023-04-012024-03-31SC294898ns11:CharitiesSORP2023-04-012024-03-31SC294898ns16:EnglandWales2023-04-012024-03-31SC294898ns11:RegisteredOffice2023-04-012024-03-31SC294898ns0:Trustee22023-04-012024-03-31SC294898ns0:Trustee12023-04-012024-03-31SC294898ns0:Trustee32023-04-012024-03-31SC294898ns0:Trustee42023-04-012024-03-31SC294898ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC294898ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC294898ns0:Activity82023-04-012024-03-31SC294898ns0:TotalUnrestrictedFundsns0:Activity82023-04-012024-03-31SC294898ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC294898ns0:Activity82022-04-012023-03-31SC294898ns0:TotalUnrestrictedFunds2023-03-31SC294898ns0:TotalRestrictedIncomeFunds2023-03-31SC294898ns0:TotalUnrestrictedFunds2024-03-31SC294898ns0:TotalRestrictedIncomeFunds2024-03-31SC294898ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-03-31SC294898ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2024-03-31SC294898ns10:WithinOneYear2024-03-31SC294898ns10:WithinOneYear2023-03-31SC29489812023-04-012024-03-31SC294898ns10:PlantMachinery2023-04-012024-03-31SC294898ns10:FurnitureFittingsToolsEquipment2023-04-012024-03-31SC294898ns10:MotorVehicles2023-04-012024-03-31SC294898ns10:ComputerEquipment2023-04-012024-03-31SC29489822023-04-012024-03-31SC29489812023-04-012024-03-31SC29489812022-04-012023-03-31SC294898ns10:OwnedAssets2023-04-012024-03-31SC294898ns10:OwnedAssets2022-04-012023-03-31SC294898ns0:TotalUnrestrictedFunds2022-04-012023-03-31SC294898ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC294898ns0:TotalUnrestrictedFundsns0:Activity82022-04-012023-03-31SC294898ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC294898ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-03-31SC294898ns10:PlantMachinery2023-03-31SC294898ns10:FurnitureFittings2023-03-31SC294898ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-04-012024-03-31SC294898ns10:FurnitureFittings2023-04-012024-03-31SC294898ns10:OwnedOrFreeholdAssetsns10:LandBuildings2024-03-31SC294898ns10:PlantMachinery2024-03-31SC294898ns10:FurnitureFittings2024-03-31SC294898ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-03-31SC294898ns10:PlantMachinery2023-03-31SC294898ns10:FurnitureFittings2023-03-31SC294898ns10:MotorVehicles2023-03-31SC294898ns10:ComputerEquipment2023-03-31SC294898ns10:MotorVehicles2024-03-31SC294898ns10:ComputerEquipment2024-03-31SC294898ns10:MotorVehicles2023-03-31SC294898ns10:ComputerEquipment2023-03-31SC294898ns10:Subsidiary12023-04-012024-03-31SC2948981ns10:Subsidiary12023-04-012024-03-31SC294898ns10:Subsidiary12024-03-31SC294898ns10:Subsidiary12023-03-31SC294898ns10:Subsidiary12022-04-012023-03-31
REGISTERED COMPANY NUMBER: SC294898 (Scotland)
REGISTERED CHARITY NUMBER: SC037559
























REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

HEBRIDES ALPHA PROJECT

HEBRIDES ALPHA PROJECT

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Report of the Trustees 1 to 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Balance Sheet 6 to 7

Notes to the Financial Statements 8 to 15

HEBRIDES ALPHA PROJECT (REGISTERED NUMBER: SC294898)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024



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 March 2024. 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 company's objectives are to:
1 To provide within the supported accommodation unit a secure and safe 'alcohol and drug' free environment for persons with personal and social difficulties in keeping with care standards as outlined by the Care Inspectorate for Scotland (SCSWIS)
2 To provide an 'on site' (see above) support service through trained and caring support staff and through co-operation with the local Health Board, the local authority or the Hebridean Housing Partnership.
3 To provide a person-centred therapeutic and life-skills programme, on a one-to-one and if relevant, a group basis, meeting the assessed needs of the individuals within the project. This includes a positive use of time and preparation for work through the therapeutic employment initiative.
4 To ensure through an appropriately structured tenancy agreement that the boundaries set out within the project are made clear and maintained and that each resident using the housing facility is protected from influences within the house which may be detrimental to their progress and recovery. The tenancy agreement includes guidelines in relation to discharge and termination of tenancy.
5 To liaise as appropriate with the local authority, Hebridean Housing Partnership and other agencies for the benefit of residents within the project.
6 To ensure that staff training and support are a regular feature of the project's life.
7 To maintain accountability and to meet all the requirements set out by law as are relevant to a charitable company limited by guarantee.
8 To ensure as part of a general commitment to anti-discriminatory practice that the project is open to any person who meets the entrance criteria regardless of their personal faith or non-faith position.
9 To ensure best practice for the protection of residents and staff against Covid-19.

Significant activities
Objectives for the year are as above and to seek also to achieve a regular income stream to ensure that the project can be sustainable in the longer term should the demand for the service continue.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
Principal activity
The principal activity of the company in the year under review was that of providing the therapeutic service described above to all residents who entered the accommodation.

Fundraising activities
The project has continued to receive funding through the local Alcohol and Drug Partnership together with grant aid contributions from Corra Foundation, CNES, Western Isles Development Trust and the DMH Trust.

Private Donations also comprise a small part of the project's income as does revenue through Housing Benefit paid for each resident's accommodation.

The Board of Directors along with the staff will work together seeking financial aid to assist the unit to gain funding for subsequent years.


HEBRIDES ALPHA PROJECT (REGISTERED NUMBER: SC294898)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


FINANCIAL REVIEW
Reserves policy
The trustees have examined the company's requirements for reserves considering the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of operating costs, calculated and reviewed annually. The trustees aim to meet this requirement over the next 3 years. The trustees deem that these reserves are necessary to enable them to have the confidence to manage the resources of the company without limiting its main objective of providing a residential programme for recovery from alcohol or drug misuse.

There was a surplus of income over expenditure for the period £58,708 (2023 - surplus £61,864). The unrestricted reserves balance of £230,213 (2023 - £162,860) is considered by the trustees to be sufficient to meet the funding requirements of ongoing projects at the year end.

FUTURE PLANS
Hebrides Alpha Project's objectives for the next period are as follows:
Continue to focus on the core Aims and Objectives as described in a previous section.
Continue to promote and facilitate access to continued professional development for all staff and maintain Scottish Social Services Council registration.
An arts and crafts studio is now on site and to be integrated into the projects program of activities.

WE ARE GRATEFUL AND APPRECIATE VERY MUCH ALL WHO HAVE SUPPORTED US IN 2023-24.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a company limited by guarantee and is registered as a Scottish charity. 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 winding-up of the company any property remaining after satisfaction of all the company's debts and liabilities will be transferred to some other charitable body or bodies whose objects are altogether or in part similar to those of the company.

Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purposes of charity law. All members are eligible to vote in elections. The Board of Directors at any given time is made up of a minimum of three directors.

The Board make-up ensures even representation across the sector served by the company's objects, including persons who have had experience in recovery from substance misuse, who have experience operationally in delivery of alcohol and drug services and who have experience of governance within the statutory sector.

Organisational structure
Hebrides Alpha Project has a Board of Directors which meets quarterly and is responsible for the strategic direction and policy of the charity.

A system of delegation is in place under which the translation of policy into strategy is undertaken by the Project Manager in consultation with the Board of Directors and the day-to-day implementation of strategy and direction of operational policy is undertaken by the Project Manager.

The Project Manager is responsible for ensuring that the charity delivers the core service as described in its Aims and Objectives. The Project Manager is responsible for the day-to-day management of accounting and information systems.

Induction and training of new trustees
Trustees are already familiar with the practical work of the charity as representatives either of local churches, local self-help groups, the business sector and other relevant disciplines.

New trustees are invited to undertake a short tour of the company's premises in order to familiarise themselves with the practical work of the charity. New trustees are also provided with copies of the main documents which set out the operational framework for the charity, including the Memorandum and Articles of Association, latest published accounts and Annual Reports.


HEBRIDES ALPHA PROJECT (REGISTERED NUMBER: SC294898)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


STRUCTURE, GOVERNANCE AND MANAGEMENT
Related parties
Hebrides Alpha Project has a wholly owned subsidiary company, Hebrides Alpha Trading CIC.

At their meeting on 31 August 2022, the Directors of the subsidiary company, Hebrides Alpha Trading CIC, made the decision to cease trading on 31 October 2022. This decision was made as a result of the severe, ongoing decrease in potential service users in recent years which has been exacerbated by the impact of the COVID-19 Pandemic and the accompanying restrictions.

The subsidiary company was in a strong financial position and the funds held at cessation of £73,937 were transferred to the charity.

The subsidiary company was formally dissolved on 30 April 2024.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC294898 (Scotland)

Registered Charity number
SC037559

Registered office
48b Upper Coll
Back
Isle of Lewis
HS2 0LT

Trustees
T Macneil
F Morrison
A J Macdonald
D S Millar

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

Senior Management Team
Stephen MacDougall

Bankers
Bank of Scotland
St Andrews Square
Edinburgh
EH2 2YR

Approved by order of the board of trustees on 29 November 2024 and signed on its behalf by:





F Morrison - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
HEBRIDES ALPHA PROJECT



I report on the accounts for the year ended 31 March 2024 set out on pages five to fifteen.

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 BA CA
The Institute of Chartered Accountants of Scotland

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

29 November 2024

HEBRIDES ALPHA PROJECT

STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024

31.3.24 31.3.23
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 87,233 - 87,233 85,518

Charitable activities 3
Supported Living 33,495 134,692 168,187 177,378

Other income 5,000 - 5,000 8,500
Total 125,728 134,692 260,420 271,396

EXPENDITURE ON
Charitable activities 4
Supported Living 58,373 143,337 201,710 209,532

Net gains/(losses) on investments (2 ) - (2 ) -

NET INCOME/(EXPENDITURE) 67,353 (8,645 ) 58,708 61,864


RECONCILIATION OF FUNDS
Total funds brought forward 162,860 34,550 197,410 135,546

TOTAL FUNDS CARRIED FORWARD 230,213 25,905 256,118 197,410

HEBRIDES ALPHA PROJECT (REGISTERED NUMBER: SC294898)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 11 35,183 25,906 61,089 34,550
Investments 12 - - - 2
35,183 25,906 61,089 34,552

CURRENT ASSETS
Debtors 13 - - - 71,402
Cash at bank 197,374 2,983 200,357 96,919
197,374 2,983 200,357 168,321

CREDITORS
Amounts falling due within one year 14 (2,344 ) (2,984 ) (5,328 ) (5,463 )

NET CURRENT ASSETS 195,030 (1 ) 195,029 162,858

TOTAL ASSETS LESS CURRENT LIABILITIES 230,213 25,905 256,118 197,410

NET ASSETS 230,213 25,905 256,118 197,410
FUNDS 15
Unrestricted funds 230,213 162,860
Restricted funds 25,905 34,550
TOTAL FUNDS 256,118 197,410

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


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.


HEBRIDES ALPHA PROJECT (REGISTERED NUMBER: SC294898)

BALANCE SHEET - continued
31 MARCH 2024

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 29 November 2024 and were signed on its behalf by:





F Morrison - Trustee

HEBRIDES ALPHA PROJECT

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


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 2015)', 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.

Going concern
The trustees have assessed the charity's ability to continue as a going concern and do not consider there to be any material uncertainties about the charity's ability to continue as a going concern.

Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

the requirements of Section 7 Statement of Cash Flows.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions that affect the amounts reported for assets, liabilities, income and expenditure.

The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised and in future periods should it affect future periods.

The estimates and assumptions which carry a higher degree of risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows:

Useful economic lives of tangible fixed assets
The annual depreciation charge for tangible fixed assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. They are amended when necessary to reflect current estimates, future investment, economic utilisation and the physical condition of the assets. See note 11 for details of the values of tangible fixed assets.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Plant and machinery - 20% on cost

HEBRIDES ALPHA PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


1. ACCOUNTING POLICIES - continued

Tangible fixed assets
Fixtures and fittings - 10% on cost
Motor vehicles - 25% on reducing balance
Office equipment - 33% on reducing balance

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.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES
31.3.24 31.3.23
£    £   
Donations 13,296 14,114
Donation received from subsidiary 73,937 71,404
87,233 85,518

3. INCOME FROM CHARITABLE ACTIVITIES
31.3.24 31.3.23
Activity £    £   
Rental income Supported Living 29,855 30,763
Service User Payments Supported Living 3,640 3,390
Grants Supported Living 134,692 143,225
168,187 177,378

Grants received, included in the above, are as follows:
31.3.24 31.3.23
£    £   
Alcohol and Drug Programme - 98,500
Alcohol and Drug Organisation 92,492 -
Comhairle nan Eilean Siar 5,000 -
Corra Foundation 33,000 30,000
Inspiring Scotland - 3,725
Hope Trust - 3,500
Robertson Trust - 7,500
Western Isles Development Trust 1,200 -
DMH Trust 3,000 -
134,692 143,225


HEBRIDES ALPHA PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 5) note 6) Totals
£    £    £   
Supported Living 200,834 876 201,710

5. DIRECT COSTS OF CHARITABLE ACTIVITIES
31.3.24 31.3.23
£    £   
Staff costs 138,517 150,779
Rates and water 772 -
Insurance 3,452 3,064
Light and heat 4,397 6,336
Telephone 1,858 1,864
Postage and stationery 512 433
Advertising 357 -
Council tax 3,704 3,528
Rent 15,810 16,063
Travel - (240 )
Training 2,341 1,027
Repairs and renewals 1,873 705
Premises and maintenance 6,698 4,615
Recreation and resident costs 1,267 670
Food and provisions 1,216 1,284
Books 32 161
IT Support 2,674 -
Motor expenses 2,827 3,822
Care equipment and fees - 711
Professional Fees 1,240 -
Payroll fees 975 794
General charges 1,339 2,582
Depreciation 8,973 10,300
200,834 208,498

6. SUPPORT COSTS
Governance
Finance costs Totals
£    £    £   
Supported Living 35 841 876


HEBRIDES ALPHA PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


6. SUPPORT COSTS - continued
Support costs, included in the above, are as follows:
31.3.24 31.3.23
Supported Total
Living activities
£    £   
Bank charges 35 74
Accountancy fees 841 960
876 1,034

7. NET INCOME/(EXPENDITURE)

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

31.3.24 31.3.23
£    £   
Depreciation - owned assets 8,972 10,300
Surplus on disposal of fixed assets - (3,500 )

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.


9. STAFF COSTS
31.3.24 31.3.23
£    £   
Wages and salaries 124,550 135,091
Social security costs 11,144 12,398
Other pension costs 2,823 3,290
138,517 150,779

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

31.3.24 31.3.23
Supported living 7 6

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


HEBRIDES ALPHA PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 85,518 - 85,518

Charitable activities
Supported Living 34,153 143,225 177,378

Other income 8,500 - 8,500
Total 128,171 143,225 271,396

EXPENDITURE ON
Charitable activities
Supported Living 56,746 152,786 209,532

NET INCOME/(EXPENDITURE) 71,425 (9,561 ) 61,864
Transfers between funds (44,850 ) 44,850 -
Net movement in funds 26,575 35,289 61,864

RECONCILIATION OF FUNDS
Total funds brought forward 136,285 (739 ) 135,546

TOTAL FUNDS CARRIED FORWARD 162,860 34,550 197,410

11. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023 - 18,855 14,836
Additions 33,688 - -
At 31 March 2024 33,688 18,855 14,836
DEPRECIATION
At 1 April 2023 - 3,801 14,836
Charge for year 277 3,770 -
At 31 March 2024 277 7,571 14,836
NET BOOK VALUE
At 31 March 2024 33,411 11,284 -
At 31 March 2023 - 15,054 -

HEBRIDES ALPHA PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


11. TANGIBLE FIXED ASSETS - continued
Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 37,995 1,730 73,416
Additions - 1,823 35,511
At 31 March 2024 37,995 3,553 108,927
DEPRECIATION
At 1 April 2023 18,499 1,730 38,866
Charge for year 4,874 51 8,972
At 31 March 2024 23,373 1,781 47,838
NET BOOK VALUE
At 31 March 2024 14,622 1,772 61,089
At 31 March 2023 19,496 - 34,550

12. FIXED ASSET INVESTMENTS

There were no investment assets outside the UK.

The company's investments at the balance sheet date in the share capital of companies include the following:

Hebrides Alpha Trading CIC (company number SC318623)
Registered office: The Old Casting Shed, Rigs Road, Stornoway, Isle of Lewis, HS1 2RF
Nature of business: Window cleaning and recycling collections.
%
Class of share: holding
Ordinary 100
31.3.24 31.3.23
£    £   
Aggregate capital and reserves - 73,338
Profit for the year - 39,100

13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed by group undertakings - 71,402


HEBRIDES ALPHA PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Social security and other taxes 2,983 2,983
Accrued expenses 2,345 2,480
5,328 5,463

15. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 162,860 67,353 230,213

Restricted funds
Capital Fund 34,550 (8,645 ) 25,905

TOTAL FUNDS 197,410 58,708 256,118

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

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 125,728 (58,373 ) (2 ) 67,353

Restricted funds
Restricted General Fund 134,692 (134,692 ) - -
Capital Fund - (8,645 ) - (8,645 )
134,692 (143,337 ) - (8,645 )
TOTAL FUNDS 260,420 (201,710 ) (2 ) 58,708


Comparatives for movement in funds

Net Transfers
movement between At
At 1.4.22 in funds funds 31.3.23
£    £    £    £   
Unrestricted funds
General fund 136,285 71,425 (44,850 ) 162,860

Restricted funds
Restricted General Fund (739 ) 739 - -
Capital Fund - (10,300 ) 44,850 34,550
(739 ) (9,561 ) 44,850 34,550
TOTAL FUNDS 135,546 61,864 - 197,410

HEBRIDES ALPHA PROJECT

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


15. 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 128,171 (56,746 ) 71,425

Restricted funds
Restricted General Fund 143,225 (142,486 ) 739
Capital Fund - (10,300 ) (10,300 )
143,225 (152,786 ) (9,561 )
TOTAL FUNDS 271,396 (209,532 ) 61,864

16. RELATED PARTY DISCLOSURES

The charity has received a donation of £73,937 (2023 - £71,404) from Hebrides Alpha Trading CIC in respect of the year ended 31 March 2024. This donation has been made under the gift aid scheme. The balance due from Hebrides Alpha Trading CIC at 31 March 2024 is nil (2023 - £71,402). Hebrides Alpha Trading CIC was dissolved on 30 April 2024.