IRIS Accounts Production v25.1.4.42 Other Company accounts True false Pounds 1.4.24 31.3.25 31.3.25 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true false true true true false true false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2160902024-03-31SC2160902025-03-31SC2160902024-04-012025-03-31SC2160902023-03-31SC2160902023-04-012024-03-31SC2160902024-03-31SC216090ns0:CharitableCompanyLimitedByGuarantee2024-04-012025-03-31SC216090ns15:PoundSterling2024-04-012025-03-31SC216090ns11:FRS1022024-04-012025-03-31SC216090ns11:IndependentExaminationCharity2024-04-012025-03-31SC216090ns11:SmallCompaniesRegimeForAccounts2024-04-012025-03-31SC216090ns11:FullAccounts2024-04-012025-03-31SC216090ns11:CharitiesSORP2024-04-012025-03-31SC21609022024-04-012025-03-31SC216090ns16:EnglandWales2024-04-012025-03-31SC216090ns11:RegisteredOffice2024-04-012025-03-31SC216090ns0:Trustee12024-04-012025-03-31SC216090ns0:Trustee32024-04-012025-03-31SC216090ns0:Trustee42024-04-012025-03-31SC216090ns0:Trustee52024-04-012025-03-31SC216090ns0:Trustee62024-04-012025-03-31SC216090ns0:Trustee22024-04-012025-03-31SC216090ns0:Trustee72024-04-012025-03-31SC216090ns0:Trustee82024-04-012025-03-31SC216090ns0:Trustee92024-04-012025-03-31SC216090ns0:Trustee102024-04-012025-03-31SC216090ns0:Trustee112024-04-012025-03-31SC216090ns0:Trustee122024-04-012025-03-31SC216090ns0:Trustee132024-04-012025-03-31SC216090ns0:TotalUnrestrictedFunds2024-04-012025-03-31SC216090ns0:TotalRestrictedIncomeFunds2024-04-012025-03-31SC216090ns0:Activity82024-04-012025-03-31SC216090ns0:TotalUnrestrictedFundsns0:Activity82024-04-012025-03-31SC216090ns0:Activity8ns0:TotalRestrictedIncomeFunds2024-04-012025-03-31SC216090ns0:Activity82023-04-012024-03-31SC216090ns0:TotalUnrestrictedFunds2024-03-31SC216090ns0:TotalRestrictedIncomeFunds2024-03-31SC216090ns0:TotalUnrestrictedFunds2025-03-31SC216090ns0:TotalRestrictedIncomeFunds2025-03-31SC216090ns0:TotalUnrestrictedFundsns10:WithinOneYear2025-03-31SC216090ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2025-03-31SC216090ns10:WithinOneYear2025-03-31SC216090ns10:WithinOneYear2024-03-31SC21609012024-04-012025-03-31SC216090ns10:PlantMachinery2024-04-012025-03-31SC21609022024-04-012025-03-31SC21609032024-04-012025-03-31SC21609012024-04-012025-03-31SC21609012023-04-012024-03-31SC216090ns10:OwnedAssets2024-04-012025-03-31SC216090ns10:OwnedAssets2023-04-012024-03-31SC216090ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC216090ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC216090ns0:TotalUnrestrictedFundsns0:Activity82023-04-012024-03-31SC216090ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC216090ns10:PlantMachinery2024-03-31SC216090ns10:PlantMachinery2025-03-31SC216090ns10:PlantMachinery2024-03-31
REGISTERED COMPANY NUMBER: SC216090 (Scotland)
REGISTERED CHARITY NUMBER: SC031179














Report of the Trustees and

Financial Statements for the Year Ended 31 March 2025

for

CEOLAS UIBHIST LIMITED

CEOLAS UIBHIST LIMITED






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Report of the Trustees 1 to 6

Independent Examiner's Report 7

Statement of Financial Activities 8

Balance Sheet 9 to 10

Notes to the Financial Statements 11 to 19

CEOLAS UIBHIST LIMITED (REGISTERED NUMBER: SC216090)

Report of the Trustees
for the Year Ended 31 March 2025


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 2025. 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
Ceòlas was set up as a community managed company in February 2001 to develop and progress the work of the Summer School that had been set up as a pilot project in 1996 by Hamish Moore and Pròiseact nan Ealan.

The objectives within the articles of association are the advancement of education for public benefit in relation to the arts and culture of the Gaelic speaking communities of Scotland and its worldwide influences through:

- The organisation of an international summer school in South Uist.
- The promotion, encouragement and provision of education in traditional music, song and dance.
- The promotion, establishment, operation, encouragement, provision of education and training of any activity relating to the arts of the Gaelic speaking communities, with specific regard to the Gaelic and traditional arts and any other form of art which may be construed as being complementary with the foregoing.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Summer School was held in July 2024. Over 100 students attended the week-long festival, and all afternoon and evening events were sold out. The majority of events were also streamed online.

Throughout the year, Ceòlas hosted an array of events. Our annual symposium was held in July with a focus on deserted villages. As part of our promotion network, Ceòlas welcomed a number of visiting musicians to Uist. We partnered with Piping Live! to deliver Gaelic taster sessions at the acclaimed festival. Our book festival, Às an Tobar, focused on two key themes - songwriting and Gaelic thrillers. The evening featured Shelagh Campbell, Pàdruig Morrison and Alasdair Whyte, with John Joe MacNeil presenting.

In early January, our winter festival featured music, piping and various community events. A special concert was held to celebrate the launch of a special year for Ceòlas and Comunn na Gàidhlig's 40th anniversary. Ceòlas celebrated Seachdain na Gàidhlig with a live Cidsin Cèilidh. We continue to work in partnership with MG Alba hosting a Creative Content Creator who has responsibility for Rèidio Cheòlais.

Ceòlas has a partnership contract with Glasgow University for the next number of years offering students a three-week immersion course on Uist. This took place in April 2024. Ceòlas recognises the valuable contribution the local community offers to learners of the language. Students took part in a wide range of activities across Uist. They experienced a variety of opportunities to be immersed in Gaelic whilst learning about folklore, stories, poetry, songs and the traditions of the land and sea.

Ceòlas continue to support and promote a range of events as well as work closely with a range of community partners and stakeholders.


CEOLAS UIBHIST LIMITED (REGISTERED NUMBER: SC216090)

Report of the Trustees
for the Year Ended 31 March 2025

FINANCIAL REVIEW
Financial position
The reserves at the end of the year were £149,578. Of this, £37,801 were fixed assets, leaving £111,777 liquid assets - split between:
- General - £165
- Contingency - £100,000
- Gaelic Development Officer - £11,612 - this money will be used early this financial year to finish the work on the Uist Gaelic Plan.

The 2024 accounts stated that there should be 6 months running costs in reserves, which was calculated at £100,000, which is the level of the contingency fund - so in that context, the deficit in 2024/25 has brought the reserves level to the target position.

As noted above, the deficit for 2024/25 brought the charity's finances in line with the reserves policy set and related to a number of investments were made to support the development of the organisation's business plan. These included the introduction of a new post - Administration, Digital Marketing and Social Media Officer - a pivotal position within the organisation, small increases were made to staff salaries and tutors fees were increased in line with Musician Union rates.

Looking ahead, the trustees are confident that funding received will cover expenditure, and therefore the charity's reserves will be maintained at the target level. Central to this has been the successful application with Creative Scotland, securing multi-year regular funding from 2025 to 2028.

Principal funding sources
The company gratefully acknowledges the funding received during the year from Creative Scotland, Bòrd na Gàidhlig, The Scottish Government, Comhairle nan Eilean Siar, Highlands and Islands Enterprise and all other financial supporters.

Reserves policy
In line with the organisation's financial control procedures, the directors aim to build and maintain free financial reserves to enable the Company to continue to operate in challenging financial circumstances. Free financial reserves are those funds which are not tied up in fixed assets or designated and restricted funds.

Contingency Fund
The trustees are of the opinion that unrestricted reserves should be maintained at the level of six months' running costs to mitigate against the risk of funding delays or other unforeseen circumstances. This fund would also be used to settle any liabilities in the event of a wind-up. This figure has been set at £100,000.

At 31 March 2016, the trustees established the unrestricted contingency fund of £25,000 in order to show this reserve separately. This increased to £50,000 during the year ended 31 August 2021. This increased to £100,000 during the year ended 31 March 2023.

Restricted funds
The charity had the following restricted funds in operation during the year:

Glasgow University
Ceòlas has a partnership contract with Glasgow University for the next number of years offering students a three-week immersion course on Uist. Ceòlas recognises the valuable contribution the local community offers to learners of the language.

University of Highlands and Islands - North, West, Hebrides
Ceòlas is working in partnership with Uist Unearthed to translate some parts of a new book on the project along with recordings for an audio book.

Bòrd na Gàidhlig
Ceòlas is the lead organisation in creating a Gaelic community language plan for Uist. Ceòlas hosted the Uist Gaelic Development Officer. The role was in partnership with the Uist Gaelic Stakeholder Group. The post was fully funded by Bòrd na Gàidhlig and finished in October 2024.


CEOLAS UIBHIST LIMITED (REGISTERED NUMBER: SC216090)

Report of the Trustees
for the Year Ended 31 March 2025

FUTURE PLANS
Ceòlas launched a new business plan last year to support the development of phase 2. Ceòlas remain a recognised worldwide ambassador for Gaelic language, music, dance, culture and heritage. Ceòlas continue to nurture, promote and showcase the legacy of past generations to existing and new audiences across the world whilst embracing and fostering the cultural perspectives of current and future generations through digital, sustainable and diverse practices.

Ceòlas' objective is the promotion, encouragement and provision of Gaelic language and culture, bringing traditional music, song, dance, folklore and heritage together in a unique and integral manner with the community at the heart of our work.

Ceòlas' key values are:
- Protecting and developing the intangible cultural heritage within the Gaelic community
- Striving to create inspiring Gaelic adventures for local people and visitors throughout the year, which may include multiple summer schools in future, in an informal setting but hosting formal educational organisations
- Working for progression and excellence for all learners and participants
- Developing the community to be a vital element of the Gaelic language learning experience
- Promoting excellent and inspirational performances which encourage young people to aspire to high levels of achievement
- Continue to work with local, national, and international organisations and progress the development with existing and new formal partners.
Ceòlas aims are:
- Engagement and Outreach - Ceòlas will engage local, national, and international audiences with Gaelic language and culture, fostering deeper participation. Ceòlas will involve the community in delivering programs and supporting Gaelic-led activities, promoting inter-generational learning and boosting confidence and fluency in the language. Ceòlas' platform will nurture relationships, skills, capacity, and cultural engagement.
- Opportunities and Innovation - Ceòlas will build on its successes, embracing new opportunities and innovation. It will collaborate with stakeholders to expand content for local, national, and international audiences, involving the community in delivery and using platforms like Instagram, YouTube, and Vimeo OTT to reach new audiences with authentic heritage.
- Ambition and Transformational Change - Ceòlas has an ambitious plan to champion Gaelic language and culture. It will work with the community to collect and preserve traditional dance, music, piping, and song through video and audio, sharing these through events and social media to revive Uist's cultural traditions.
- Leading and Strengthening Relationships - Ceòlas will strengthen partnerships with organisations sharing its vision and values, continuing collaborations with UHI NWH, Comunn na Gàidhlig, Stòras Uibhist, Cothrom, Fèis Tìr a' Mhurain, and other Gaelic partners. It will promote Gaelic use in public-sector organisations through new programs and remain the anchor for the Uist Gaelic Language Plan. Ceòlas will support the Uist Repopulation Zone Plan, focusing on Gaelic in the economy and local job creation, while further developing as a robust organisation to deliver these aims.
- Good Governance and Financial Management - Ceòlas has ambitious plans to expand its outreach, activities, and audiences. Its Board members and financial resilience are key to delivering these plans, overcoming challenges, and growing the organisation.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a charitable company limited by guarantee, incorporated on 23 February 2001 and 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 company being wound up members are required to contribute an amount not exceeding £1.

Recruitment and appointment of new trustees
The Company aims for a Board of Directors which is resident and representative of the Community in the Uists and which brings together expertise in the fields of, inter alia, Gaelic culture, education, media communication and the procurement of funding.

Organisational structure
As of March 2025, Ceòlas employs 5.6 members of staff and is overseen by a board of 11 directors, supported by a community committee. Isabell MacInnes was appointed to the role of chair of the board in June 2023.


CEOLAS UIBHIST LIMITED (REGISTERED NUMBER: SC216090)

Report of the Trustees
for the Year Ended 31 March 2025


STRUCTURE, GOVERNANCE AND MANAGEMENT
Cnoc Soilleir Ltd
Cnoc Soilleir Ltd is the joint venture organisation and partnership formed between Ceòlas Uibhist and UHI North, West and Hebrides to take forward the development and operation of the Cnoc Soilleir building and facility in Daliburgh, South Uist.

Cnoc Soilleir supports the delivery and growth of Ceòlas' community led activity in Gaelic learning, music and dance, and the educational and learning opportunities provided by UHI North, West and Hebrides and provides an iconic and modern facility with Gaelic at its heart at the centre of the South Uist community.

The Board of Cnoc Soilleir Ltd consists of two members each from the Board of each of the partner organisations, and an independent director. Currently, charges are calculated on a 50% split. Ceòlas will take on the responsibility of the second phase of Cnoc Soilleir whilst working closely with UHI North, West and Hebrides to continue to develop the first phase.

Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

A risk register has been developed by the trustees and those risks identified as high or moderate have been summarised below, together with the steps taken to mitigate the exposure:

Risk descriptionMitigation
Core activities
Regular funding applications for core organisational
activity unsuccessful
- Review funding strategies on an annual basis- Identify
alternative funding opportunities- Seek
additional/alternative funding to support core activity-
Consider cancellation of core activity or scaling down.
Additional funding applications for core organisational
activity unsuccessful
- Scale-down additional activity- Consider cancellation
of additional activity.
Bookings for core activity low/below budget requirements - Advertise core events early and regularly- Monitor
participants figures to review engagement.- Apply
strategies to attract new audiences.
Core activity runs over-budget - Costs to be closely monitored in connection to the
budget.
Travel disruption impact on core activities.- Monitor travel routes to ensure that a proposed plan B
is in place.
Cnoc Soilleir
One of the partners chooses to withdraw from the
partnership.
- Partners operate in close contact ensuring that
communication is open and transparent throughout.-
Regular board meetings.
Core staff requirements beyond current organisational
capacity
-Regular assessment of Cnoc Soilleir project
requirements on core Ceòlas staff.- Identify additional
training requirements and opportunities for core staff
relevant to the project.
Ceòlas fail to grow activity to fill Cnoc Soilleir obligations- Regular assessment of Ceòlas development through
Cnoc Soilleir business plan.- Seek additional advice
and expertise where required

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC216090 (Scotland)

Registered Charity number
SC031179


CEOLAS UIBHIST LIMITED (REGISTERED NUMBER: SC216090)

Report of the Trustees
for the Year Ended 31 March 2025

Registered office
Cnoc Soilleir
Daliburgh
Isle Of South Uist
Western Isles
HS8 5SS

Trustees
W Macphee
M T MacInnes (resigned 10.6.24)
I T Macdonald (resigned 10.6.24)
S A Mackay
A O'Henley
I MacInnes
J Macisaac
S Macintyre
P A Macdonald
P Morrison
C M Campbell (appointed 10.6.24)
L A Crouse Student (appointed 10.6.24)
S Macdonald Fraser (appointed 10.6.24)

Independent Examiner
A Cumming
Mann Judd Gordon Ltd
Chartered Accountants
26 Lewis Street
Stornoway
Isle of Lewis
HS1 2JF

Ceannard / Chief Executive
John Joe MacNeil (Appointed 2.11.22)

Bankers
The Royal Bank of Scotland

Website
www.ceolas.co.uk

STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of Ceolas Uibhist Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-select suitable accounting policies and then apply them consistently;
-observe the methods and principles in the Charity SORP;
-make judgements and estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.


CEOLAS UIBHIST LIMITED (REGISTERED NUMBER: SC216090)

Report of the Trustees
for the Year Ended 31 March 2025


STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 30 June 2025 and signed on its behalf by:





I MacInnes - Trustee

Independent Examiner's Report to the Trustees of
Ceolas Uibhist Limited

I report on the accounts for the year ended 31 March 2025 set out on pages eight to nineteen.

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.








A Cumming
The Institute of Chartered Accountants of Scotland

Mann Judd Gordon Ltd
Chartered Accountants
26 Lewis Street
Stornoway
Isle of Lewis
HS1 2JF

30 June 2025

CEOLAS UIBHIST LIMITED

Statement of Financial Activities
for the Year Ended 31 March 2025

31.3.25 31.3.24
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 3 190,273 - 190,273 215,004

Charitable activities
Charitable activities 117,208 - 117,208 138,256

Other trading activities 4 11,806 28 11,834 2,967
Investment income 5 113 - 113 -
Total 319,400 28 319,428 356,227

EXPENDITURE ON
Raising funds 4,555 - 4,555 2,725

Charitable activities
Charitable activities 347,578 25,113 372,691 343,921
Total 352,133 25,113 377,246 346,646

NET INCOME/(EXPENDITURE) (32,733 ) (25,085 ) (57,818 ) 9,581
Transfers between funds 14 (10,451 ) 10,451 - -
Net movement in funds (43,184 ) (14,634 ) (57,818 ) 9,581

RECONCILIATION OF FUNDS
Total funds brought forward 157,108 50,289 207,397 197,816

TOTAL FUNDS CARRIED FORWARD 113,924 35,655 149,579 207,397

CEOLAS UIBHIST LIMITED (REGISTERED NUMBER: SC216090)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 10 13,759 24,043 37,802 44,473

CURRENT ASSETS
Stocks 11 1,200 - 1,200 1,200
Debtors 12 33,715 - 33,715 32,828
Cash at bank 65,838 11,612 77,450 137,470
100,753 11,612 112,365 171,498

CREDITORS
Amounts falling due within one year 13 (588 ) - (588 ) (8,574 )

NET CURRENT ASSETS 100,165 11,612 111,777 162,924

TOTAL ASSETS LESS CURRENT
LIABILITIES

113,924

35,655

149,579

207,397

NET ASSETS 113,924 35,655 149,579 207,397
FUNDS 14
Unrestricted funds 113,924 157,108
Restricted funds 35,655 50,289
TOTAL FUNDS 149,579 207,397

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.


CEOLAS UIBHIST LIMITED (REGISTERED NUMBER: SC216090)

Balance Sheet - continued
31 March 2025

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 30 June 2025 and were signed on its behalf by:





W Macphee - Trustee

CEOLAS UIBHIST LIMITED

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

The organisation is a charitable company limited by guarantee, incorporated in Scotland on 23 February 2001 and 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 company being wound up members are required to contribute an amount not exceeding £1.

The registered office and place of business is: Cnoc Soilleir, Daliburgh, Isle of South Uist, HS8 5SS.

The description of the charity's operations is included in the Report of Trustees.

2. 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.

The presentation currency of the accounts is Pound sterling (£).

The accounts are rounded to the nearest £1.

Going concern
The charity is a going concern and there are no material uncertainties casting significant doubt over its ability to continue as a going concern.

Critical accounting judgements and key sources of estimation uncertainty
Fixed asset net book value and depreciation charges are the areas of the accounts which are affected by significant judgements and estimates. The trustees exercise judgement in determining both the useful economic life and the likely residual value of the charity's assets. This judgement affects the rates of and charge for depreciation in the accounts for the year. It also therefore affects the net book value of the assets in the balance sheet.

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.

Income from government and other grants, whether capital grants or revenue grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

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.


Equipment - 15% depreciation on reducing balance

CEOLAS UIBHIST LIMITED

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued


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.

Debtors and creditors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. DONATIONS AND LEGACIES
31.3.25 31.3.24
Unrestricted Restricted Total Total
funds funds funds funds
£    £    £    £   
Donations and Gift Aid 550 - 550 2,678
Grants 189,723 - 189,723 212,326
190,273 - 190,273 215,004

Grants received, included in the above, are as follows:

31.3.25 31.3.24
£    £   
Creative Scotland 81,000 89,850
Comhairle nan Eilean Siar 8,342 9,043
Highlands and Islands Enterprise - 6,198
Bord na Gaidhlig 80,000 103,485
Comunn Na Gaidhlig 2,450 -
Other grants - 2,750
Storas Uibhist - 1,000
BBC 750 -
Scottish Book Trust 700 -
Celtic Connections 10,881 -
University of the Highlands & Islands 5,600 -
189,723 212,326


CEOLAS UIBHIST LIMITED

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. OTHER TRADING ACTIVITIES
31.3.25 31.3.24
Unrestricted Restricted Total Total
funds funds funds funds
£    £    £    £   
Shop sales and commissions 6,981 - 6,981 2,247
Other income 966 28 994 256
Fundraising and raffles 2,859 - 2,859 -
Project management fees 1,000 - 1,000 464
11,806 28 11,834 2,967

5. INVESTMENT INCOME
31.3.25 31.3.24
Unrestricted Restricted Total Total
funds funds funds funds
£    £    £    £   
Bank account interest 113 - 113 -

6. NET INCOME/(EXPENDITURE)

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

31.3.25 31.3.24
£    £   
Depreciation - owned assets 6,671 7,848

7. TRUSTEES' REMUNERATION AND BENEFITS

The following payments were made during the period:
- M T MacInnes received £NIL (2024 - £4,611) in respect of vouched expenses and teaching on Gaelic Courses run by Ceòlas.
- P Morrison received £2,137 (2024 - £150) in respect of teaching and musician fees
- S MacIntyre received £NIL (2024 - £2,170) in respect of musician fees.
- I MacInnes received £225 (2024 - £NIL) in respect of being a Ceilidh Host.
- A O'Henley received £350 (2024 - £NIL in respect of the UHI Partnership project.
- L Crouse received £843 (2024 - £NIL) in respect of translation services.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.



CEOLAS UIBHIST LIMITED

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. STAFF COSTS

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

31.3.25 31.3.24
All staff 6 6

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

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 142,319 72,685 215,004

Charitable activities
Charitable activities 92,280 45,976 138,256

Other trading activities 2,966 1 2,967
Total 237,565 118,662 356,227

EXPENDITURE ON
Raising funds 2,725 - 2,725

Charitable activities
Charitable activities 232,254 111,667 343,921
Total 234,979 111,667 346,646

NET INCOME 2,586 6,995 9,581
Transfers between funds 10,560 (10,560 ) -
Net movement in funds 13,146 (3,565 ) 9,581

RECONCILIATION OF FUNDS
Total funds brought forward 143,961 53,855 197,816

TOTAL FUNDS CARRIED FORWARD 157,107 50,290 207,397


CEOLAS UIBHIST LIMITED

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

10. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 April 2024 and 31 March 2025 85,441
DEPRECIATION
At 1 April 2024 40,968
Charge for year 6,671
At 31 March 2025 47,639
NET BOOK VALUE
At 31 March 2025 37,802
At 31 March 2024 44,473

11. STOCKS
31.3.25 31.3.24
£    £   
Stocks 1,200 1,200

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors - 4,626
Grants receivable 20,250 25,462
Prepayments 13,465 2,740
33,715 32,828

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Credit card 416 612
Social security and other taxes (1,928 ) 4,124
Pensions payable - 762
Accrued expenses 2,100 3,076
588 8,574


CEOLAS UIBHIST LIMITED

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

14. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.4.24 in funds funds 31.3.25
£    £    £    £   
Unrestricted funds
General fund 57,108 (32,733 ) (10,451 ) 13,924
Contingency Fund 100,000 - - 100,000
157,108 (32,733 ) (10,451 ) 113,924
Restricted funds
Development Manager 19,553 (16,962 ) 9,021 11,612
Integration Manager 13,786 (2,068 ) - 11,718
Adapt & Thrive 14,500 (2,175 ) - 12,325
Radio Ceolas 2,450 (3,880 ) 1,430 -
50,289 (25,085 ) 10,451 35,655
TOTAL FUNDS 207,397 (57,818 ) - 149,579

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 319,400 (352,133 ) (32,733 )

Restricted funds
Development Manager - (16,962 ) (16,962 )
Integration Manager - (2,068 ) (2,068 )
Adapt & Thrive - (2,175 ) (2,175 )
Radio Ceolas 28 (3,908 ) (3,880 )
28 (25,113 ) (25,085 )
TOTAL FUNDS 319,428 (377,246 ) (57,818 )


CEOLAS UIBHIST LIMITED

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
movement between At
At 1.4.23 in funds funds 31.3.24
£    £    £    £   
Unrestricted funds
General fund 43,961 2,587 10,560 57,108
Contingency Fund 100,000 - - 100,000
143,961 2,587 10,560 157,108
Restricted funds
Development Manager - 19,553 - 19,553
Gaelic Education 10,200 4,360 (14,560 ) -
Integration Manager 16,218 (2,432 ) - 13,786
Adapt & Thrive 27,437 (12,937 ) - 14,500
Radio Ceolas - (1,550 ) 4,000 2,450
53,855 6,994 (10,560 ) 50,289
TOTAL FUNDS 197,816 9,581 - 207,397

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 237,565 (234,978 ) 2,587

Restricted funds
Development Manager 35,200 (15,647 ) 19,553
Gaelic Education 83,378 (79,018 ) 4,360
Integration Manager 1 (2,433 ) (2,432 )
Adapt & Thrive - (12,937 ) (12,937 )
Radio Ceolas 83 (1,633 ) (1,550 )
118,662 (111,668 ) 6,994
TOTAL FUNDS 356,227 (346,646 ) 9,581

CEOLAS UIBHIST LIMITED

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
movement between At
At 1.4.23 in funds funds 31.3.25
£    £    £    £   
Unrestricted funds
General fund 43,961 (30,146 ) 109 13,924
Contingency Fund 100,000 - - 100,000
143,961 (30,146 ) 109 113,924
Restricted funds
Development Manager - 2,591 9,021 11,612
Gaelic Education 10,200 4,360 (14,560 ) -
Integration Manager 16,218 (4,500 ) - 11,718
Adapt & Thrive 27,437 (15,112 ) - 12,325
Radio Ceolas - (5,430 ) 5,430 -
53,855 (18,091 ) (109 ) 35,655
TOTAL FUNDS 197,816 (48,237 ) - 149,579

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 556,965 (587,111 ) (30,146 )

Restricted funds
Development Manager 35,200 (32,609 ) 2,591
Gaelic Education 83,378 (79,018 ) 4,360
Integration Manager 1 (4,501 ) (4,500 )
Adapt & Thrive - (15,112 ) (15,112 )
Radio Ceolas 111 (5,541 ) (5,430 )
118,690 (136,781 ) (18,091 )
TOTAL FUNDS 675,655 (723,892 ) (48,237 )


CEOLAS UIBHIST LIMITED

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

15. RELATED PARTY DISCLOSURES

Related party disclosures are made in note 6.

16. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.