THE ARRAN PIONEER PROJECT CIC

Company limited by guarantee

Company Registration Number:
SC660280 (Scotland)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

THE ARRAN PIONEER PROJECT CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE ARRAN PIONEER PROJECT CIC

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 19,489 24,361
Total fixed assets: 19,489 24,361
Current assets
Cash at bank and in hand: 10,427 17,297
Total current assets: 10,427 17,297
Net current assets (liabilities): 10,427 17,297
Total assets less current liabilities: 29,916 41,658
Accruals and deferred income: ( 8,997 ) ( 12,247 )
Total net assets (liabilities): 20,919 29,411
Members' funds
Profit and loss account: 20,919 29,411
Total members' funds: 20,919 29,411

The notes form part of these financial statements

THE ARRAN PIONEER PROJECT CIC

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 11 April 2025
and signed on behalf of the board by:

Name: Simon Ross-Gill
Status: Director

The notes form part of these financial statements

THE ARRAN PIONEER PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has ben provided at the following rates in order to write off the assets over their estimated useful lives: Land & Buildings - 20% reducing balance Motor Vehicles - 20% reducing balance

THE ARRAN PIONEER PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 2

THE ARRAN PIONEER PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 21,348 10,751 32,099
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 21,348 10,751 32,099
Depreciation
At 1 June 2023 5,050 2,688 7,738
Charge for year 3,259 1,613 4,872
On disposals
Other adjustments
At 31 May 2024 8,309 4,301 12,610
Net book value
At 31 May 2024 13,039 6,450 19,489
At 31 May 2023 16,298 8,063 24,361

COMMUNITY INTEREST ANNUAL REPORT

THE ARRAN PIONEER PROJECT CIC

Company Number: SC660280 (Scotland)

Year Ending: 31 May 2024

Company activities and impact

The company has helped to establish and maintain a network of community gardens on previously disused land on Arran, which has benefited the community in a number of ways. It has allowed members of the community to learn about growing their own food locally in a way that benefits the environment, grow fresh produce for their communities, enjoy green spaces, volunteer outdoors and contribute to the self sufficiency and sustainability of the island.

Consultation with stakeholders

The principal stakeholders are volunteers who have contributed to the development of the gardens and members of the communities around Arran. We regularly consult with members of the community through volunteer days and other events. The development of the community spaces is guided by the needs and requirements of each community and our activities at each garden and within each green space are guided by this.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £20,858. These payments were for work and contracts undertaken in various roles within the organisation as part of the project delivery. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director's loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
11 April 2025

And signed on behalf of the board by:
Name: Simon Ross-Gill
Status: Director