IRIS Accounts Production v25.2.0.378 Other Company accounts True false Pounds 1.1.24 31.12.24 31.12.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true 0 0 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC293116 2023-12-31 SC293116 2024-12-31 SC293116 2024-01-01 2024-12-31 SC293116 2022-12-31 SC293116 2023-01-01 2023-12-31 SC293116 2023-12-31 SC293116 ns0:CharitableCompanyLimitedByGuarantee 2024-01-01 2024-12-31 SC293116 ns15:PoundSterling 2024-01-01 2024-12-31 SC293116 ns11:FRS102 2024-01-01 2024-12-31 SC293116 ns0:IndependentExaminationCharity 2024-01-01 2024-12-31 SC293116 ns11:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC293116 ns11:FullAccounts 2024-01-01 2024-12-31 SC293116 ns0:CharitiesSORP 2024-01-01 2024-12-31 SC293116 ns16:EnglandWales 2024-01-01 2024-12-31 SC293116 ns11:RegisteredOffice 2024-01-01 2024-12-31 SC293116 ns0:Trustee1 2024-01-01 2024-12-31 SC293116 ns0:Trustee3 2024-01-01 2024-12-31 SC293116 ns11:CompanySecretary1 2024-01-01 2024-12-31 SC293116 ns0:TotalUnrestrictedFunds 2024-01-01 2024-12-31 SC293116 ns0:TotalRestrictedIncomeFunds 2024-01-01 2024-12-31 SC293116 ns0:Activity8 2024-01-01 2024-12-31 SC293116 ns0:Activity8 ns0:TotalUnrestrictedFunds 2024-01-01 2024-12-31 SC293116 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2024-01-01 2024-12-31 SC293116 ns0:Activity8 2023-01-01 2023-12-31 SC293116 ns0:Activity9 2024-01-01 2024-12-31 SC293116 ns0:Activity9 ns0:TotalUnrestrictedFunds 2024-01-01 2024-12-31 SC293116 ns0:Activity9 ns0:TotalRestrictedIncomeFunds 2024-01-01 2024-12-31 SC293116 ns0:Activity9 2023-01-01 2023-12-31 SC293116 ns0:TotalUnrestrictedFunds 2023-12-31 SC293116 ns0:TotalRestrictedIncomeFunds 2023-12-31 SC293116 ns0:TotalUnrestrictedFunds 2024-12-31 SC293116 ns0:TotalRestrictedIncomeFunds 2024-12-31 SC293116 ns10:WithinOneYear 2024-12-31 SC293116 ns10:WithinOneYear 2023-12-31 SC293116 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC293116 ns10:LandBuildings ns10:LongLeaseholdAssets 2024-01-01 2024-12-31 SC293116 ns10:PlantMachinery 2024-01-01 2024-12-31 SC293116 ns10:MotorVehicles 2024-01-01 2024-12-31 SC293116 2 2024-01-01 2024-12-31 SC293116 1 2024-01-01 2024-12-31 SC293116 1 2023-01-01 2023-12-31 SC293116 ns10:OwnedAssets 2024-01-01 2024-12-31 SC293116 ns10:OwnedAssets 2023-01-01 2023-12-31 SC293116 ns0:TotalUnrestrictedFunds 2023-01-01 2023-12-31 SC293116 ns0:TotalRestrictedIncomeFunds 2023-01-01 2023-12-31 SC293116 ns0:Activity8 ns0:TotalUnrestrictedFunds 2023-01-01 2023-12-31 SC293116 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2023-01-01 2023-12-31 SC293116 ns0:Activity9 ns0:TotalUnrestrictedFunds 2023-01-01 2023-12-31 SC293116 ns0:Activity9 ns0:TotalRestrictedIncomeFunds 2023-01-01 2023-12-31 SC293116 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2023-12-31 SC293116 ns10:LandBuildings ns10:LongLeaseholdAssets 2023-12-31 SC293116 ns10:PlantMachinery 2023-12-31 SC293116 ns10:MotorVehicles 2023-12-31 SC293116 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2024-12-31 SC293116 ns10:LandBuildings ns10:LongLeaseholdAssets 2024-12-31 SC293116 ns10:PlantMachinery 2024-12-31 SC293116 ns10:MotorVehicles 2024-12-31 SC293116 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2023-12-31 SC293116 ns10:LandBuildings ns10:LongLeaseholdAssets 2023-12-31 SC293116 ns10:PlantMachinery 2023-12-31 SC293116 ns10:MotorVehicles 2023-12-31

REGISTERED COMPANY NUMBER: SC293116 (Scotland)

REGISTERED CHARITY NUMBER: SC036956

Report of the Trustees and

Financial Statements for the Year Ended 31 December 2024

for

WESTERN ISLES TRANSPORT PRESERVATION

GROUP

WESTERN ISLES TRANSPORT PRESERVATION

GROUP

Contents of the Financial Statements

for the Year Ended 31 December 2024

| Page |

| Report of the Trustees | 1 |  | to |  | 3

| Independent Examiner's Report | 4 |

| Statement of Financial Activities | 5 |

| Balance Sheet | 6 |

| Notes to the Financial Statements | 7 |  | to |  | 12

WESTERN ISLES TRANSPORT PRESERVATION

GROUP (REGISTERED NUMBER: SC293116)

Report of the Trustees

for the Year Ended 31 December 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 December 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 and principal activities are:

a. To promote for the benefit of the inhabitants of the Western Isles the preservation, conservation and understanding of the air, marine and road transport tradition and heritage of the Western Isles of Scotland

b. To enhance the learning, teaching and appreciation of marine and road transport in relation to traditional and contemporary island society and culture

c. To encourage young people and those of limited means to have a greater knowledge of the isles and their marine and road transport traditions and associated skills

d. To encourage, to such extent as may be charitable, the improvement of the economic and social welfare of the islands which support these aims.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The winter social evenings continued, with very engaging speakers, topics and questioning. The evenings were well regarded and feedback was extremely positive. The events also brought in critical funding over the course of the period, which helped to offset significant increases in our costs, particularly electricity.

The committee also moved forward with practical activities, which included:

· Continued development of the museum facilities for member benefit

· Continued building upgrades and maintenance, including removal of corroding profile sheeting on a section of the building and replace with new

The leasing of vehicle rental space and recycling of scrap metal has been our main source of income during this time and we have reconfigured the museum to enable more spaces to become available. We were fortunate that the available vehicle storage space was full during the period.

Our monthly committee meetings continued to be held via ZOOM and other necessary communications were carried out using our WhatsApp group. The group's Facebook page was also used to answer any queries from our members.

We set up a digital Direct Debit payment option for our membership to enable easier and more reliable payment.

As we move into 2025, we are in the process of continuing to grow our membership, seek additional grant income and further enhance and develop the museum facility.

WESTERN ISLES TRANSPORT PRESERVATION

GROUP (REGISTERED NUMBER: SC293116)

Report of the Trustees

for the Year Ended 31 December 2024

FINANCIAL REVIEW

Reserves policy

The directors aim to build and maintain free financial reserves to enable the company to continue to achieve its objectives and activities. Free financial reserves are those funds which are not tied up in fixed assets or designated and restricted funds.

The trustees continually monitor the position of the unrestricted general fund with regard to potential deficit, which is primarily caused by significant energy price volatility, primarily linked to international tensions and the Ukraine war. In addition, the ongoing building renovation programs requires further sums to completion.

The trustees have taken the following specific action over the past year:

- Scrap metal and refurbished vehicle spares are sold by the trustees and bring in steady income.

- Sections of the building are available for rent to individuals and groups to use the space to store or refurbish there vehicles, caravans, boats and tractors.

- A meeting / conference room is now available for bookings.

- Building insurance policy continue to be renewed at an affordable level.

- A fixed price electricity contract has now been secured and will help to keep to control electricity price expenditure and volatility.

The trustees are very conscious of the deficit balance on the unrestricted fund and have a monthly payment plan in place with EDF, relating to all heat and lighting costs.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company, limited by guarantee, as defined by the Companies Act 2006. It was incorporated on 14 November 2005 and is recognised 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 each.

Recruitment and appointment of new trustees

The directors of the company are also charity trustees for the purposes of charity law. Directors are appointed at the company's annual general meeting. There is no barrier to any person who is a member becoming a director of the company.

All directors retire at the company's annual general meeting. At subsequent annual general meetings one third of the directors and all directors appointed since the previous annual general meeting shall retire, but shall be eligible for re-election.

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.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

SC293116 (Scotland)

Registered Charity number

SC036956

Registered office

Unit 2 Marybank Industrial Estate

Marybank

Isle Of Lewis

Western Isles

HS2 0DB

WESTERN ISLES TRANSPORT PRESERVATION

GROUP (REGISTERED NUMBER: SC293116)

Report of the Trustees

for the Year Ended 31 December 2024

Trustees

N Graham Director

C N MacLeod Director

Company Secretary

C S Maclennan

Independent Examiner

A Cumming

Mann Judd Gordon Ltd

Chartered Accountants

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

Committee members

The following individuals are trustees of the charity but have not been appointed as directors at The Registrar of Companies:

John A Macleod

Malcolm Macleod

Murdo John Mackay

Website

www.witpg.org.uk

Approved by order of the board of trustees on 17 September 2025 and signed on its behalf by:

C S Maclennan - Secretary

Independent Examiner's Report to the Trustees of

Western Isles Transport Preservation

Group

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

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

17 September 2025

WESTERN ISLES TRANSPORT PRESERVATION

GROUP

Statement of Financial Activities

for the Year Ended 31 December 2024

| 31.12.24 |  | 31.12.23

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | funds |  | funds |  | funds

| Notes | £ | £ | £ | £ |

INCOME AND ENDOWMENTS FROM

Donations and legacies | 2 | 109 |  | - |  | 109 |  | 229 |

Other trading activities | 3 | 7,021 |  | 1 |  | 7,022 |  | 6,644 |

Total | 7,130 |  | 1 |  | 7,131 |  | 6,873 |

EXPENDITURE ON

Charitable activities

Charitable activities | 6,216 |  | 291 |  | 6,507 |  | 13,514 |

Depreciation | - |  | 4,262 |  | 4,262 |  | 4,348 |

Total | 6,216 |  | 4,553 |  | 10,769 |  | 17,862 |

NET INCOME/(EXPENDITURE) | 914 |  | (4,552 | ) | (3,638 | ) | (10,989 | )

RECONCILIATION OF FUNDS

Total funds brought forward | (3,462 | ) | 115,599 |  | 112,137 |  | 123,126 |

TOTAL FUNDS CARRIED FORWARD | (2,548 | ) | 111,047 |  | 108,499 |  | 112,137 |

WESTERN ISLES TRANSPORT PRESERVATION

GROUP (REGISTERED NUMBER: SC293116)

Balance Sheet

31 December 2024

| 31.12.24 |  | 31.12.23

| Notes | £ | £ |

FIXED ASSETS |

Tangible assets | 7 | 113,390 |  | 117,652 |

CURRENT ASSETS |

Cash at bank | 1,164 |  | 1,594 |

CREDITORS |

Amounts falling due within one year | 8 | (6,055 | ) | (7,109 | )

NET CURRENT ASSETS | (4,891 | ) | (5,515 | )

TOTAL ASSETS LESS CURRENT LIABILITIES | 108,499 |  | 112,137 |

NET ASSETS | 108,499 |  | 112,137 |

FUNDS | 10

Unrestricted funds | (2,548 | ) | (3,462 | )

Restricted funds | 111,047 |  | 115,599 |

TOTAL FUNDS | 108,499 |  | 112,137 |

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

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

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 17 September 2025 and were signed on its behalf by:

N Graham - Trustee

WESTERN ISLES TRANSPORT PRESERVATION

GROUP

Notes to the Financial Statements

for the Year Ended 31 December 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.

| Freehold property | - | 2% depreciation on cost

| Property Improvements | - | 20% depreciation on cost

| Equipment | - | 20% on reducing balance

| Motor vehicles | - | 25% depreciation 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.

2. | DONATIONS AND LEGACIES

| 31.12.24 |  | 31.12.23

£ | £ |

| Membership | 109 |  | 229 |  |

WESTERN ISLES TRANSPORT PRESERVATION

GROUP

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

3. | OTHER TRADING ACTIVITIES

| 31.12.24 |  | 31.12.23

£ | £ |

| Fundraising and event income | 7,020 |  | 6,648 |  |

| Sale of merchandise and scrap | 2 |  | (288 | ) |

| Door receipts | - |  | 284 |  |

7,022 |  | 6,644 |  |

4. | NET INCOME/(EXPENDITURE)

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

| 31.12.24 |  | 31.12.23

£ | £ |

| Depreciation - owned assets | 4,262 |  | 4,347 |  |

5. | TRUSTEES' REMUNERATION AND BENEFITS

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

| Trustees' expenses

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

6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

| Unrestricted |  | Restricted |  | Total

| fund |  | funds |  | funds

£ | £ | £ |

| INCOME AND ENDOWMENTS FROM

| Donations and legacies | 229 |  | - |  | 229 |

| Other trading activities | 6,644 |  | - |  | 6,644 |

| Total | 6,873 |  | - |  | 6,873 |

| EXPENDITURE ON

| Charitable activities

| Charitable activities | 13,514 |  | - |  | 13,514 |

| Depreciation | 28 |  | 4,320 |  | 4,348 |

| Total | 13,542 |  | 4,320 |  | 17,862 |

| NET INCOME/(EXPENDITURE) | (6,669 | ) | (4,320 | ) | (10,989 | )

| RECONCILIATION OF FUNDS

| Total funds brought forward | 3,207 |  | 119,919 |  | 123,126 |

WESTERN ISLES TRANSPORT PRESERVATION

GROUP

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

| Unrestricted |  | Restricted |  | Total

| fund |  | funds |  | funds

£ | £ | £ |

| TOTAL FUNDS CARRIED FORWARD | (3,462 | ) | 115,599 |  | 112,137 |

7. | TANGIBLE FIXED ASSETS

| Freehold |  | Property |  | Motor |

| property |  | Improvements |  | Equipment |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2024 and 31 December 2024 | 152,343 |  | 36,093 |  | 26,364 |  | 7,006 |  | 221,806 |  |

| DEPRECIATION

| At 1 January 2024 | 39,000 |  | 32,957 |  | 25,191 |  | 7,006 |  | 104,154 |  |

| Charge for year | 3,000 |  | 939 |  | 323 |  | - |  | 4,262 |  |

| At 31 December 2024 | 42,000 |  | 33,896 |  | 25,514 |  | 7,006 |  | 108,416 |  |

| NET BOOK VALUE

| At 31 December 2024 | 110,343 |  | 2,197 |  | 850 |  | - |  | 113,390 |  |

| At 31 December 2023 | 113,343 |  | 3,136 |  | 1,173 |  | - |  | 117,652 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade creditors | 3,864 |  | 5,102 |  |

| Credit card | 1,537 |  | 1,353 |  |

| Accrued expenses | 654 |  | 654 |  |

6,055 |  | 7,109 |  |

9. | ANALYSIS OF NET ASSETS BETWEEN FUNDS

| 31.12.24 |  | 31.12.23

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | funds |  | funds |  | funds

£ | £ | £ | £ |

| Fixed assets | 2,343 |  | 111,047 |  | 113,390 |  | 117,652 |  |

| Current assets | 1,164 |  | - |  | 1,164 |  | 1,594 |  |

| Current liabilities | (6,055 | ) | - |  | (6,055 | ) | (7,109 | ) |

(2,548 | ) | 111,047 |  | 108,499 |  | 112,137 |  |

WESTERN ISLES TRANSPORT PRESERVATION

GROUP

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

10. | MOVEMENT IN FUNDS

| Net |  |

| movement |  | At |

| At 1.1.24 |  | in funds |  | 31.12.24 |

£ | £ | £ |

| Unrestricted funds

| General Fund | (3,462 | ) | 914 |  | (2,548 | ) |

| Restricted funds

| Capital Grant Fund | - |  | (88 | ) | (88 | ) |

| Equipment Fund | 1,173 |  | (235 | ) | 938 |  |

| Building Fund | 114,426 |  | (4,229 | ) | 110,197 |  |

115,599 |  | (4,552 | ) | 111,047 |  |

| TOTAL FUNDS | 112,137 |  | (3,638 | ) | 108,499 |  |

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General Fund | 7,130 |  | (6,216 | ) | 914 |  |

| Restricted funds

| Capital Grant Fund | - |  | (88 | ) | (88 | ) |

| Equipment Fund | - |  | (235 | ) | (235 | ) |

| Building Fund | 1 |  | (4,230 | ) | (4,229 | ) |

1 |  | (4,553 | ) | (4,552 | ) |

| TOTAL FUNDS | 7,131 |  | (10,769 | ) | (3,638 | ) |

| Comparatives for movement in funds

| Net |  |

| movement |  | At |

| At 1.1.23 |  | in funds |  | 31.12.23 |

£ | £ | £ |

| Unrestricted funds

| General Fund | 3,207 |  | (6,669 | ) | (3,462 | ) |

| Restricted funds

| Capital Grant Fund | 88 |  | (88 | ) | - |  |

| Equipment Fund | 1,466 |  | (293 | ) | 1,173 |  |

| Building Fund | 118,365 |  | (3,939 | ) | 114,426 |  |

119,919 |  | (4,320 | ) | 115,599 |  |

| TOTAL FUNDS | 123,126 |  | (10,989 | ) | 112,137 |  |

WESTERN ISLES TRANSPORT PRESERVATION

GROUP

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

10. | 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 | 6,873 |  | (13,542 | ) | (6,669 | ) |

| Restricted funds

| Capital Grant Fund | - |  | (88 | ) | (88 | ) |

| Equipment Fund | - |  | (293 | ) | (293 | ) |

| Building Fund | - |  | (3,939 | ) | (3,939 | ) |

- |  | (4,320 | ) | (4,320 | ) |

| TOTAL FUNDS | 6,873 |  | (17,862 | ) | (10,989 | ) |

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

| Net |  |

| movement |  | At |

| At 1.1.23 |  | in funds |  | 31.12.24 |

£ | £ | £ |

| Unrestricted funds

| General Fund | 3,207 |  | (5,755 | ) | (2,548 | ) |

| Restricted funds

| Capital Grant Fund | 88 |  | (176 | ) | (88 | ) |

| Equipment Fund | 1,466 |  | (528 | ) | 938 |  |

| Building Fund | 118,365 |  | (8,168 | ) | 110,197 |  |

119,919 |  | (8,872 | ) | 111,047 |  |

| TOTAL FUNDS | 123,126 |  | (14,627 | ) | 108,499 |  |

| 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 | 14,003 |  | (19,758 | ) | (5,755 | ) |

| Restricted funds

| Capital Grant Fund | - |  | (176 | ) | (176 | ) |

| Equipment Fund | - |  | (528 | ) | (528 | ) |

| Building Fund | 1 |  | (8,169 | ) | (8,168 | ) |

1 |  | (8,873 | ) | (8,872 | ) |

| TOTAL FUNDS | 14,004 |  | (28,631 | ) | (14,627 | ) |

WESTERN ISLES TRANSPORT PRESERVATION

GROUP

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

11. | RELATED PARTY DISCLOSURES

| There were no related party transactions for the year ended 31 December 2024.