| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Financial Statements for the Year Ended 31 March 2025 |
| for |
| Ormlie Community Association Ltd. |
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Financial Statements for the Year Ended 31 March 2025 |
| for |
| Ormlie Community Association Ltd. |
| Ormlie Community Association Ltd. |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| 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 | 15 |
| Ormlie Community Association Ltd. (Registered number: SC221915) |
| 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 |
| The aim of Ormlie Community Association Ltd is to address social, economic and environmental issues with a view to improving the lives of people living in Caithness and North Sutherland. |
| Achievements and performance |
| During the year under review through various projects and activities Ormlie Community Association Ltd continued to provide a range of services to provide benefit to a wide spectrum of the community from babies and toddlers, children and teenagers, young families, unemployed and adults. |
| Ormlie Community Association Ltd. (Registered number: SC221915) |
| Report of the Trustees |
| for the Year Ended 31 March 2025 |
| ACHIEVEMENTS AND PERFORMANCE |
| Ormlie Community Association Ltd works in partnership with a range of organisations and agencies to deliver their services and activities. |
| Funding remains a concern in the current economic climate, however the value and benefit of the projects and services offered by the organisation continue to meet the aims of a range of funding sources. |
| We have continued with the following activities: |
| - The Children and Young Peoples groups. |
| - The Silver Citizens Project offering a range of Activities for Older Adults. |
| - Get IT, our employability and digital access project to meet the needs of those who require support in this field. |
| - Services for the unemployed, including Employability Workshops. |
| New projects and improvements: |
| We have changed the small kitchen into a 1-1 meeting room and have been donated a children's pool and table tennis table. We have purchased new chairs and table for our new 1-1 room through funding. |
| We deliver a Toddler group in our Community Centre. This has proved to be very successful and well attended by mums, dads and grandparents. |
| We also run a Toddler group in Halkirk. This is very popular and well attended. |
| We have adapted our Silver Citizens Project, at their request. They now have two evening groups a week. This has proved to be a great success. They have themed food nights, film nights, card and board games as well as boccia and other activities. |
| We are running a very successful dementia group where the activities range from chair based activities and games followed by a light lunch. |
| We are in talks with Thurso Grows to create a working garden, where we can support our older adults, adults, children and youths to create vegetable patches, grow fruit and flowers and to enable us to be more sustainable. |
| We received funding for silver skills to deliver 6 week blocks of various activities ranging from cooking, gardening, digital access and upcycling. |
| The move from Marr Terrace was completed efficiently and seamlessly for the staff and service users alike. |
| The Ormlie Centre continues to be used primarily by ourselves. Usage by other voluntary organisations has increased to 5 groups and a sports group regularly using the facility. The Community Centre is also used for occasional lets by a range of organisations. |
| Ormlie Community Association Ltd continues to have discussions with Highland Council regarding future ownership of the Ormlie Community Centre. We still remain focused with our aim to refurbish the Community Centre. |
| FINANCIAL REVIEW |
| Financial position |
| The trustees have always aimed to have unrestricted funds held by the charity to meet between 3 and 6 months of the resources expended. As ever the trustees will ensure that adequate reserves are maintained. |
| Reserves policy |
| As the accounts show the lockdown of 2020 to March 2022 has greatly reduced our funds and revenue of the scope of our accounts is in place. That being said we have identified different activities to meet the users' needs. The trustees have always aimed to have unrestricted funds held by the charity to meet between 3 and 6 months of the resources expended. As ever the trustees will ensure that adequate reserves are maintained. |
| Ormlie Community Association Ltd. (Registered number: SC221915) |
| Report of the Trustees |
| for the Year Ended 31 March 2025 |
| FUTURE PLANS |
| Ongoing Review of Policies and Procedures will continue to be maintained. |
| An asset transfer has been agreed in principle with Highland Council and the OCA are in course of carrying out a feasibility study regarding the finance for upkeep and maintenance of the building. |
| In accordance with its views and aims regarding environmental issues OCA have been supporting the Warmlie Project which is looking to set up a local community heating initiative. OCA will look to continue its Warm Hub initiative to provide low cost meals and a warm place to meet, which is a popular service. |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Governing document |
| The charity is controlled by its governing document, the Memorandum and Articles of Association, and constitutes a company, limited by guarantee, as defined by the Companies Act 2006. |
| Recruitment and appointment of new trustees |
| All the trustees fall due to retire at the Annual general meeting and, being eligible, offer themselves for re-election. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| Trustees |
| Company Secretary |
| Independent Examiner |
| Reid & Fraser |
| Chartered Accountants |
| 15 Princes Street |
| Thurso |
| Caithness |
| KW14 7BQ |
| Ormlie Community Association Ltd. (Registered number: SC221915) |
| Report of the Trustees |
| for the Year Ended 31 March 2025 |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Bankers |
| Bank of Scotland |
| 25 Olrig Street |
| Thurso |
| KW14 7HQ |
| 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 |
| Independent Examiner's Report to the Trustees of |
| Ormlie Community Association Ltd. |
| I report on the accounts for the year ended 31 March 2025 set out on pages six 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. |
| Linda Cameron FCCA CTA CA |
| The Institute of Chartered Accountants of Scotland |
| Reid & Fraser |
| Chartered Accountants |
| 15 Princes Street |
| Thurso |
| Caithness |
| KW14 7BQ |
| 17 September 2025 |
| Ormlie Community Association Ltd. |
| Statement of Financial Activities |
| (Incorporating an Income and Expenditure Account) |
| for the Year Ended 31 March 2025 |
| 2025 | 2024 |
| Unrestricted | Restricted | Total | Total |
| fund | fund | funds | funds |
| Notes | £ | £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies | 2 |
| Charitable activities | 5 |
| Other trading activities | 3 |
| Investment income | 4 |
| Other income | 6 |
| Total |
| EXPENDITURE ON |
| Charitable activities | 7 |
| NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 102,632 |
| Ormlie Community Association Ltd. (Registered number: SC221915) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2024 |
| Unrestricted | Restricted | Total | Total |
| fund | fund | funds | funds |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 13 |
| CURRENT ASSETS |
| Debtors | 14 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 15 | ( |
) | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 16 |
| Unrestricted funds | 25,805 |
| Restricted funds | 76,827 |
| TOTAL FUNDS | 102,632 |
| 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. |
| Ormlie Community Association Ltd. (Registered number: SC221915) |
| 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 |
| Ormlie Community Association Ltd. |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2025 |
| 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. |
| Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. |
| TANGIBLE FIXED ASSETS |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Play Area | - |
| Home Zone | - |
| Macauley View | - |
| Fixtures, fittings & equipment | - |
| 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. |
| Ormlie Community Association Ltd. |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 2. | DONATIONS AND LEGACIES |
| 2025 | 2024 |
| £ | £ |
| Donations |
| 3. | OTHER TRADING ACTIVITIES |
| 2025 | 2024 |
| £ | £ |
| Fundraising |
| Income - Rental income | 4,770 | 4,775 |
| 4. | INVESTMENT INCOME |
| 2025 | 2024 |
| £ | £ |
| Deposit account interest |
| 5. | INCOME FROM CHARITABLE ACTIVITIES |
| 2025 | 2024 |
| Charitable | Total |
| Activities | activities |
| £ | £ |
| Grants | 83,533 | 108,594 |
| Grants received, included in the above, are as follows: |
| 2025 | 2024 |
| £ | £ |
| Highland Council | 5,100 | 12,144 |
| Robertson Trust | 12,000 | 12,000 |
| MFR/Bauer Cash for Kids | 3,080 | - |
| Scottish Council for Voluntary Organisations | - | 8,000 |
| Charles Hayward Foundation | 5,000 | - |
| The Corra Foundation | - | 3,000 |
| Barchester Health | - | 1,000 |
| Achlachan Wind Farm | 13,049 | 10,268 |
| Age Scotland | - | 500 |
| Groundwork UK - Tesco Stronger Starts | 1,000 | - |
| Halsary Wind farm | - | 1,700 |
| Highland Third Sector Initiative | - | 20,000 |
| North Highland Initiative | 3,540 | 9,165 |
| NRS Dounreay (formerly Magnox) | 20,000 | 20,000 |
| Neighbourly | 510 | 750 |
| Science Ceilidh - Curiosity In Action | 1,500 | 1,500 |
| Albyn Housing Association | 500 | 500 |
| Inver House Spirit Awards | 750 | 5,000 |
| Volunteering Matters | - | 250 |
| Thurso Community Development Trust | - | 2,500 |
| Halkirk District Benefit Fund | - | 317 |
| Carried forward | 66,029 | 108,594 |
| Ormlie Community Association Ltd. |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 5. | INCOME FROM CHARITABLE ACTIVITIES - continued |
| 2025 | 2024 |
| £ | £ |
| Brought forward | 66,029 | 108,594 |
| Albert Hunt Trust | 5,000 | - |
| Allen Lane Foundation | 5,304 | - |
| Good Things Foundation | 1,000 | - |
| McCarthy Stone Foundation | 5,200 | - |
| Sported Foundation | 1,000 | - |
| 83,533 | 108,594 |
| 6. | OTHER INCOME |
| 2025 | 2024 |
| £ | £ |
| Other Income | 120 | 120 |
| 7. | CHARITABLE ACTIVITIES COSTS |
| Direct | Grant |
| Costs (see | funding of | Support |
| note 8) | activities | costs | Totals |
| £ | £ | £ | £ |
| Charitable Activities | 112,675 | 1,070 | 1,800 | 115,545 |
| 8. | DIRECT COSTS OF CHARITABLE ACTIVITIES |
| 2025 | 2024 |
| £ | £ |
| Staff costs | 91,684 | 78,606 |
| Staff training | 33 | 100 |
| Rent, rates & insurance | 4,668 | 4,181 |
| Light & heat | 1,848 | 1,045 |
| Repairs & maintenance | 994 | 479 |
| Printing, postage & stationery | 2,359 | 1,536 |
| Activities | 2,734 | 4,429 |
| Travelling & subsistence | 275 | 1,198 |
| Professional fees | 1,440 | 1,872 |
| Telephone | 1,993 | 1,761 |
| General expenses | 1,715 | 2,011 |
| Depreciation | 2,932 | 3,122 |
| Loss on sale of assets | - | 193 |
| 112,675 | 100,533 |
| Ormlie Community Association Ltd. |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 9. | NET INCOME/(EXPENDITURE) |
| Net income/(expenditure) is stated after charging/(crediting): |
| 2025 | 2024 |
| £ | £ |
| Depreciation - owned assets |
| Deficit on disposal of fixed assets |
| 10. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. |
| TRUSTEES' EXPENSES |
| Trustees were reimbursed the sum of £126 for general expenses, repairs and travel costs incurred on behalf of the charity (£995 - 2024). |
| 11. | STAFF COSTS |
| The average monthly number of employees during the year was as follows: |
| 2025 | 2024 |
| Management | 1 | 1 |
| Support | 7 | 8 |
| 12. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted | Restricted | Total |
| fund | fund | funds |
| £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Charitable activities |
| Other trading activities |
| Investment income |
| Other income |
| Total |
| EXPENDITURE ON |
| Charitable activities |
| NET INCOME |
| Ormlie Community Association Ltd. |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 12. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
| Unrestricted | Restricted | Total |
| fund | fund | funds |
| £ | £ | £ |
| RECONCILIATION OF FUNDS |
| Total funds brought forward | 15,075 | 69,454 |
| TOTAL FUNDS CARRIED FORWARD | 25,805 | 76,827 | 102,632 |
| 13. | TANGIBLE FIXED ASSETS |
| Play | Home | Fittings & | Macauley |
| Area | Zone | Equipment | View | Total |
| £ | £ | £ | £ | £ |
| COST |
| At 1 April 2024 | 208,071 | 284,743 | 26,352 | 43,133 | 562,299 |
| Additions | - | - | 2,898 | - | 2,898 |
| Disposals | - | - | - | - | - |
| At 31 March 2025 | 208,071 | 284,743 | 29,250 | 43,133 | 565,197 |
| DEPRECIATION |
| At 1 April 2024 | 208,071 | 284,743 | 18,517 | 43,133 | 554,464 |
| Charge for the year | - | - | 2,932 | - | 2,932 |
| Eliminated on disposal | - | - | - | - | - |
| At 31 March 2025 | 208,071 | 284,743 | 21,449 | 43,133 | 557,396 |
| NET BOOK VALUE |
| At 31 March 2025 | - | - | 7,801 | - | 7,801 |
| At 31 March 2024 | - | - | 7,835 | - | 7,835 |
| 14. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors | 280 | 400 |
| Ormlie Community Association Ltd. |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 15. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other creditors |
| Accruals and deferred income |
| 16. | MOVEMENT IN FUNDS |
| Net |
| movement | At |
| At 1.4.24 | in funds | 31.3.25 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 25,805 | 7,815 | 33,620 |
| Restricted funds |
| Restricted Funds |
| 76,827 | (31,206 | ) | 45,621 |
| TOTAL FUNDS | (23,391 | ) | 79,241 |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 7,815 | - | 7,815 |
| Restricted funds |
| Restricted Funds |
| 84,339 | (115,545 | ) | (31,206 | ) |
| TOTAL FUNDS | ( |
) | (23,391 | ) |
| Ormlie Community Association Ltd. |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 16. | MOVEMENT IN FUNDS - continued |
| Comparatives for movement in funds |
| Net |
| movement | At |
| At 1.4.23 | in funds | 31.3.24 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 15,075 | 10,730 | 25,805 |
| Restricted funds |
| Restricted Funds |
| 69,454 | 7,373 | 76,827 |
| TOTAL FUNDS | 84,529 | 18,103 | 102,632 |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 11,615 | (885 | ) | 10,730 |
| Restricted funds |
| Restricted Funds |
| 108,821 | (101,448 | ) | 7,373 |
| TOTAL FUNDS | 120,436 | (102,333 | ) | 18,103 |
| 17. | RELATED PARTY DISCLOSURES |