IRIS Accounts Production v25.1.3.33 Other Company accounts True false Pounds 1.10.23 30.9.24 30.9.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5788982023-09-30SC5788982024-09-30SC5788982023-10-012024-09-30SC5788982022-10-31SC5788982022-11-012023-09-30SC5788982023-09-30SC578898ns0:CharitableCompanyLimitedByGuarantee2023-10-012024-09-30SC578898ns15:PoundSterling2023-10-012024-09-30SC578898ns11:FRS1022023-10-012024-09-30SC578898ns11:IndependentExaminationCharity2023-10-012024-09-30SC578898ns11:SmallCompaniesRegimeForAccounts2023-10-012024-09-30SC578898ns11:FullAccounts2023-10-012024-09-30SC578898ns11:CharitiesSORP2023-10-012024-09-30SC578898ns16:EnglandWales2023-10-012024-09-30SC578898ns11:RegisteredOffice2023-10-012024-09-30SC578898ns0:Trustee32023-10-012024-09-30SC578898ns0:Trustee12023-10-012024-09-30SC578898ns0:Trustee22023-10-012024-09-30SC578898ns0:Trustee42023-10-012024-09-30SC578898ns0:Trustee52023-10-012024-09-30SC578898ns0:Trustee62023-10-012024-09-30SC578898ns0:Trustee72023-10-012024-09-30SC578898ns0:Trustee82023-10-012024-09-30SC578898ns11:CompanySecretary12023-10-012024-09-30SC578898ns0:TotalUnrestrictedFunds2023-10-012024-09-30SC578898ns0:TotalRestrictedIncomeFunds2023-10-012024-09-30SC578898ns0:Activity82023-10-012024-09-30SC578898ns0:TotalUnrestrictedFundsns0:Activity82023-10-012024-09-30SC578898ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-10-012024-09-30SC578898ns0:Activity82022-11-012023-09-30SC578898ns0:Activity92023-10-012024-09-30SC578898ns0:TotalUnrestrictedFundsns0:Activity92023-10-012024-09-30SC578898ns0:Activity9ns0:TotalRestrictedIncomeFunds2023-10-012024-09-30SC578898ns0:Activity92022-11-012023-09-30SC578898ns0:Activity102023-10-012024-09-30SC578898ns0:TotalUnrestrictedFundsns0:Activity102023-10-012024-09-30SC578898ns0:Activity10ns0:TotalRestrictedIncomeFunds2023-10-012024-09-30SC578898ns0:Activity102022-11-012023-09-30SC578898ns0:Activity112023-10-012024-09-30SC578898ns0:Activity11ns0:TotalUnrestrictedFunds2023-10-012024-09-30SC578898ns0:Activity11ns0:TotalRestrictedIncomeFunds2023-10-012024-09-30SC578898ns0:Activity112022-11-012023-09-30SC578898ns0:TotalUnrestrictedFunds2023-09-30SC578898ns0:TotalRestrictedIncomeFunds2023-09-30SC578898ns0:TotalUnrestrictedFunds2024-09-30SC578898ns0:TotalRestrictedIncomeFunds2024-09-30SC578898ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-09-30SC578898ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2024-09-30SC578898ns10:WithinOneYear2024-09-30SC578898ns10:WithinOneYear2023-09-30SC578898ns10:PlantMachinery2023-10-012024-09-30SC578898ns10:ComputerEquipment2023-10-012024-09-30SC57889822023-10-012024-09-30SC578898ns10:OwnedAssets2023-10-012024-09-30SC578898ns10:OwnedAssets2022-11-012023-09-30SC578898ns10:PlantMachinery2023-09-30SC578898ns10:ComputerEquipment2023-09-30SC578898ns10:PlantMachinery2024-09-30SC578898ns10:ComputerEquipment2024-09-30SC578898ns10:PlantMachinery2023-09-30SC578898ns10:ComputerEquipment2023-09-30
REGISTERED COMPANY NUMBER: SC578898 (Scotland)
REGISTERED CHARITY NUMBER: 051417














Report of the Trustees and

Unaudited Financial Statements For The Year Ended 30th September 2024

for

AVIEMORE AND GLENMORE COMMUNITY TRUST

AVIEMORE AND GLENMORE COMMUNITY TRUST






Contents of the Financial Statements
For The Year Ended 30th September 2024




Page

Report of the Trustees 1 to 4

Independent Examiner's Report 5

Statement of Financial Activities 6

Balance Sheet 7 to 8

Notes to the Financial Statements 9 to 13

AVIEMORE AND GLENMORE COMMUNITY TRUST (REGISTERED NUMBER: SC578898)

Report of the Trustees
For The Year Ended 30th September 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 30th September 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
Charitable aims are:

AGCT is a vibrant and ambitious community development trust, which was established in October 2017. Our main purpose is furthering the achievement of sustainable development and our further purposes are:

- To provide or enhance the accessibility of recreational facilities, and/or organising recreational activities which will be available to members of the Community and public at large with the object of improving the conditions of life of the Community.
- Advancement of citizenship or Community development, including rural or urban regeneration.
- To advance the provisions for educational opportunities in the Community relating to environment, culture, heritage and/or history.
- To advance environmental protection or improvement including preservation, sustainable development and conservation of the natural environment, the maintenance, improvement, or provision of environmental amenities for the Community and/or the preservation of buildings or sites or architectural, historic or other importance to the Community.


AVIEMORE AND GLENMORE COMMUNITY TRUST (REGISTERED NUMBER: SC578898)

Report of the Trustees
For The Year Ended 30th September 2024

Achievement and performance
Charitable activities
Glenmore Visitor Centre
During this reporting year, AGCT achieved a major milestone with a positive Decision Notice issued on 28 March 2024 by Forestry and Land Scotland (FLS), approving our Community Asset Transfer (CAT) request for the Glenmore Visitor Centre, café, car parks and surrounding land.

This followed the formal submission of our CAT application on 6 January 2024, and marked a turning point in securing long-term community ownership of this important site.

After receiving the decision, the Trust focused on developing the formal offer to purchase, working closely with solicitors, FLS, and funders to meet the conditions of the CAT. A loan offer was approved by Social Investment Scotland on 15 May 2024, and capital funding of £46,720 from CNPA's Climate Adaptation Fund was secured in July 2024 to support building energy improvements.

Alongside this, AGCT worked on:

- Detailed refurbishment plans for the building
- Securing additional funding to support improvements and operational set-up
- Community engagement and stakeholder communications

The CAT process built on over three years of groundwork and represents a transformational opportunity for the area. The Glenmore project aligns with AGCT's aims to deliver locally owned, climate-resilient infrastructure that supports visitor experience, local jobs, and cultural storytelling.

Aviemore Ice Rink
The Aviemore Ice Rink continues to operate successfully year-round, with an estimated 17,000 visits during the year. The rink plays a central role in:

- Providing public skating and family activities
- Supporting local figure skating, ice hockey and curling clubs
- Delivering learn-to-skate and youth sport development
- Offering accessible, inclusive community sport

Notable highlights this year include national and international success from local figure skaters, a growth in junior and adult hockey, and strong uptake of our Learn to Skate and Try Curling sessions. The rink continues to provide employment and volunteering opportunities and is increasingly recognised as a key year-round facility for Aviemore.

Community Action Plan
AGCT has actively contributed to the development of the new Community Action Plan for Aviemore, Glenmore and Rothiemurchus, working alongside ACC, ACE, VABS and other stakeholders. This plan sets a shared vision for future community-led projects, including aspirations for a larger ice rink, a community hall, a wheel park, improved path networks and sustainable housing.

Future Plans
Looking ahead, AGCT will continue to focus on:
- Continuing development work at Glenmore Visitor Centre, including delivery of the refurbishment programme and site activation
- Furthering discussions toward a permanent ice facility
- Advancing shared priorities from the Community Action Plan

AGCT's ambition remains to deliver sustainable, community-owned assets that builds opportunity and resilience for future generations


AVIEMORE AND GLENMORE COMMUNITY TRUST (REGISTERED NUMBER: SC578898)

Report of the Trustees
For The Year Ended 30th September 2024

Financial review
Financial position
Income and Expenditure

AGCT's core charitable activities during the year were underpinned by project-specific grants and income from the Aviemore Ice Rink. While planning for future income generation at Glenmore Visitor Centre progressed, café operations and trading had not yet commenced during this reporting period. The Trust continues to face financial pressure due to the limited availability of unrestricted funding for core roles and ongoing project development.

Development Officer Role

The Development Officer post remains essential to the delivery of AGCT's aims. In 2024, the Trust received a contribution of £5,000 towards the role from Cairngorms National Park Authority. However, the majority of the post continues to be funded through operational income from Aviemore Ice Rink.

Significant voluntary time is also contributed by Board members. Together with the Development Officer, they have delivered complex, high-impact projects - including the Community Asset Transfer of Glenmore Visitor Centre, ongoing rink operations, and contributions to wider strategic initiatives.

This model places pressure on AGCT's ability to build reserves, maintain assets like the ice rink, and sustain delivery. It relies too heavily on goodwill and stretches voluntary capacity to its limits.

CNPA's support this year has made a meaningful difference, and we are grateful for its investment. But to build on this progress, core funding for staff is essential.

Paid roles are the backbone of successful community development. They provide the consistency, capacity and coordination needed to turn community priorities into action.

There is an urgent need for the Scottish Government to provide ongoing revenue support for community-led development. Capital grants are helpful, but without funding for staffing, operations and capacity building, the long-term delivery of community wealth building and local resilience becomes increasingly difficult to sustain.

Reserves policy
The Board maintains a budget and cash flow forecast reviewed quarterly. The level of reserves held is currently limited but considered sufficient to support immediate obligations. The Trust continues to seek longer-term financial sustainability.

Structure, governance and management
Governing document
AGCT is governed by a voluntary Board of Directors who are also charity trustees. Board composition is refreshed as needed to ensure continued oversight, local representation, and skill balance. The Trust operates in accordance with its charitable objectives, the Companies Act 2006, and OSCR guidance.

Reference and administrative details
Registered Company number
SC578898 (Scotland)

Registered Charity number
051417

Registered office
Goldwells
15-17 High Street
Kingussie
PH21 1HS


AVIEMORE AND GLENMORE COMMUNITY TRUST (REGISTERED NUMBER: SC578898)

Report of the Trustees
For The Year Ended 30th September 2024

Trustees
Mr D J Swarbrick (resigned 8.4.25)
Mr M P Dearman
Miss L Bissett
Mr M R Gale (resigned 7.4.24)
Ms J Bootle
Mr M A Haggerty
Ms E E McBean
Mrs S J Devlin

Company Secretary
Mrs K Bruce

Independent Examiner
Lorna Drummond FCCA
Goldwells
15-17 High Street
Kingussie
Inverness-Shire
PH21 1HS

Approved by order of the board of trustees on 19th May 2025 and signed on its behalf by:





Mr M P Dearman - Trustee

Independent Examiner's Report to the Trustees of
Aviemore and Glenmore Community Trust

Independent examiner's report to the trustees of Aviemore and Glenmore Community Trust ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30th September 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








Lorna Drummond FCCA

Goldwells
15-17 High Street
Kingussie
Inverness-Shire
PH21 1HS

19th May 2025

AVIEMORE AND GLENMORE COMMUNITY TRUST

Statement of Financial Activities
For The Year Ended 30th September 2024

Period
1.11.22
Year ended to
30.9.24 30.9.23
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
Income and endowments from
Donations and legacies 1,919 22,134 24,053 44,786

Charitable activities
Ice rink 169,349 - 169,349 133,938

Other trading activities 2 9,769 - 9,769 7,522
Total 181,037 22,134 203,171 186,246

Expenditure on
Raising funds 5,326 608 5,934 7,281

Charitable activities
Ice rink 152,108 1,462 153,570 148,596
Dalfaber - - - 11,895
Glenmore - - - 875
Support costs 16,634 20,064 36,698 27,544
Total 174,068 22,134 196,202 196,191

NET INCOME/(EXPENDITURE) 6,969 - 6,969 (9,945 )


Reconciliation of funds
Total funds brought forward 111,298 - 111,298 121,243

Total funds carried forward 118,267 - 118,267 111,298

AVIEMORE AND GLENMORE COMMUNITY TRUST (REGISTERED NUMBER: SC578898)

Balance Sheet
30th September 2024

2024 2023
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
Fixed assets
Tangible assets 6 69,239 42,760 111,999 119,732

Current assets
Stocks 7 1,185 - 1,185 1,387
Debtors 8 7,012 - 7,012 7,292
Investments 9 1 - 1 -
Cash at bank 96,123 54 96,177 81,160
104,321 54 104,375 89,839

Creditors
Amounts falling due within one year 10 (30,293 ) (25 ) (30,318 ) (22,732 )

Net current assets 74,028 29 74,057 67,107

Total assets less current liabilities 143,267 42,789 186,056 186,839

Accruals and deferred income 11 (25,000 ) (42,789 ) (67,789 ) (75,541 )

NET ASSETS 118,267 - 118,267 111,298
Funds 12
Unrestricted funds 118,267 111,298
Total funds 118,267 111,298

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.


AVIEMORE AND GLENMORE COMMUNITY TRUST (REGISTERED NUMBER: SC578898)

Balance Sheet - continued
30th September 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 19th May 2025 and were signed on its behalf by:





Mr M P Dearman - Trustee





Miss L Bissett - Trustee

AVIEMORE AND GLENMORE COMMUNITY TRUST

Notes to the Financial Statements
For The Year Ended 30th September 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 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.

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 - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


AVIEMORE AND GLENMORE COMMUNITY TRUST

Notes to the Financial Statements - continued
For The Year Ended 30th September 2024

2. Other trading activities
Period
1.11.22
Year ended to
30.9.24 30.9.23
£    £   
Ice rink catering income 9,769 7,522

3. Net income/(expenditure)

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

Period
1.11.22
Year ended to
30.9.24 30.9.23
£    £   
Depreciation - owned assets 19,976 21,295

4. Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 30th September 2024 nor for the period ended 30th September 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 30th September 2024 nor for the period ended 30th September 2023.


5. Staff costs

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

Period
1.11.22
Year ended to
30.9.24 30.9.23
Ice rink staff 7 8
Administrator 1 1
8 9

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


AVIEMORE AND GLENMORE COMMUNITY TRUST

Notes to the Financial Statements - continued
For The Year Ended 30th September 2024

6. Tangible fixed assets
Plant and Computer
machinery equipment Totals
£    £    £   
Cost
At 1st October 2023 156,469 1,972 158,441
Additions 12,243 - 12,243
At 30th September 2024 168,712 1,972 170,684
Depreciation
At 1st October 2023 37,249 1,460 38,709
Charge for year 19,720 256 19,976
At 30th September 2024 56,969 1,716 58,685
Net book value
At 30th September 2024 111,743 256 111,999
At 30th September 2023 119,220 512 119,732

7. Stocks
2024 2023
£    £   
Stocks 1,185 1,387

8. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 6,060 4,200
Other debtors - 2,214
Prepayments 952 878
7,012 7,292

9. Current asset investments
2024 2023
£    £   
Unlisted investments 1 -


AVIEMORE AND GLENMORE COMMUNITY TRUST

Notes to the Financial Statements - continued
For The Year Ended 30th September 2024

10. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 4,449 1,235
VAT 2,422 2,960
Glenmore creditor 21,575 -
Deferred income - 17,190
Accrued expenses 1,872 1,347
30,318 22,732

11. Accruals and deferred income
2024 2023
£    £   
Capital grant 67,789 75,541

12. Movement in funds
Net
At movement At
1.10.23 in funds 30.9.24
£    £    £   
Unrestricted funds
General fund 111,298 6,969 118,267

TOTAL FUNDS 111,298 6,969 118,267

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 181,037 (174,068 ) 6,969

Restricted funds
Restricted 22,134 (22,134 ) -

TOTAL FUNDS 203,171 (196,202 ) 6,969


Comparatives for movement in funds

Net
At movement At
1.11.22 in funds 30.9.23
£    £    £   
Unrestricted funds
General fund 121,243 (9,945 ) 111,298

TOTAL FUNDS 121,243 (9,945 ) 111,298

AVIEMORE AND GLENMORE COMMUNITY TRUST

Notes to the Financial Statements - continued
For The Year Ended 30th September 2024

12. 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 148,242 (158,187 ) (9,945 )

Restricted funds
Restricted 38,004 (38,004 ) -

TOTAL FUNDS 186,246 (196,191 ) (9,945 )

13. Related party disclosures

There were no related party transactions for the year ended 30th September 2024.