IRIS Accounts Production v25.2.0.378 Other Company accounts True false Pounds 1.11.23 31.10.24 31.10.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true true false true false true iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC274276 2023-10-31 SC274276 2024-10-31 SC274276 2023-11-01 2024-10-31 SC274276 2022-10-31 SC274276 2022-11-01 2023-10-31 SC274276 2023-10-31 SC274276 ns0:CharitableCompanyLimitedByGuarantee 2023-11-01 2024-10-31 SC274276 ns15:PoundSterling 2023-11-01 2024-10-31 SC274276 ns11:FRS102 2023-11-01 2024-10-31 SC274276 ns11:IndependentExaminationCharity 2023-11-01 2024-10-31 SC274276 ns11:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 SC274276 ns11:FullAccounts 2023-11-01 2024-10-31 SC274276 ns11:CharitiesSORP 2023-11-01 2024-10-31 SC274276 ns16:EnglandWales 2023-11-01 2024-10-31 SC274276 ns11:RegisteredOffice 2023-11-01 2024-10-31 SC274276 ns0:Trustee2 2023-11-01 2024-10-31 SC274276 ns0:Trustee3 2023-11-01 2024-10-31 SC274276 ns0:Trustee4 2023-11-01 2024-10-31 SC274276 ns0:Trustee1 2023-11-01 2024-10-31 SC274276 ns0:Trustee5 2023-11-01 2024-10-31 SC274276 ns0:Trustee6 2023-11-01 2024-10-31 SC274276 ns0:Trustee7 2023-11-01 2024-10-31 SC274276 ns0:Trustee8 2023-11-01 2024-10-31 SC274276 ns0:Trustee9 2023-11-01 2024-10-31 SC274276 ns0:TotalUnrestrictedFunds 2023-11-01 2024-10-31 SC274276 ns0:TotalRestrictedIncomeFunds 2023-11-01 2024-10-31 SC274276 ns0:Activity8 2023-11-01 2024-10-31 SC274276 ns0:TotalUnrestrictedFunds ns0:Activity8 2023-11-01 2024-10-31 SC274276 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2023-11-01 2024-10-31 SC274276 ns0:Activity8 2022-11-01 2023-10-31 SC274276 ns0:TotalUnrestrictedFunds 2023-10-31 SC274276 ns0:TotalRestrictedIncomeFunds 2023-10-31 SC274276 ns0:TotalUnrestrictedFunds 2024-10-31 SC274276 ns0:TotalRestrictedIncomeFunds 2024-10-31 SC274276 ns10:WithinOneYear 2024-10-31 SC274276 ns10:WithinOneYear 2023-10-31 SC274276 1 2023-11-01 2024-10-31 SC274276 ns10:OwnedOrFreeholdAssets ns10:LandBuildings 2023-11-01 2024-10-31 SC274276 ns10:PlantMachinery 2023-11-01 2024-10-31 SC274276 ns10:FurnitureFittingsToolsEquipment 2023-11-01 2024-10-31 SC274276 2 2023-11-01 2024-10-31 SC274276 3 2023-11-01 2024-10-31 SC274276 1 2023-11-01 2024-10-31 SC274276 1 2022-11-01 2023-10-31 SC274276 ns10:OwnedAssets 2023-11-01 2024-10-31 SC274276 ns10:OwnedAssets 2022-11-01 2023-10-31 SC274276 ns0:TotalUnrestrictedFunds 2022-11-01 2023-10-31 SC274276 ns0:TotalRestrictedIncomeFunds 2022-11-01 2023-10-31 SC274276 ns0:TotalUnrestrictedFunds ns0:Activity8 2022-11-01 2023-10-31 SC274276 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2022-11-01 2023-10-31 SC274276 ns10:OwnedOrFreeholdAssets ns10:LandBuildings 2023-10-31 SC274276 ns10:PlantMachinery 2023-10-31 SC274276 ns10:FurnitureFittings 2023-10-31 SC274276 ns10:FurnitureFittings 2023-11-01 2024-10-31 SC274276 ns10:OwnedOrFreeholdAssets ns10:LandBuildings 2024-10-31 SC274276 ns10:PlantMachinery 2024-10-31 SC274276 ns10:FurnitureFittings 2024-10-31 SC274276 ns10:OwnedOrFreeholdAssets ns10:LandBuildings 2023-10-31 SC274276 ns10:PlantMachinery 2023-10-31 SC274276 ns10:FurnitureFittings 2023-10-31

REGISTERED COMPANY NUMBER: SC274276 (Scotland)

REGISTERED CHARITY NUMBER: 024876

| REPORT OF THE TRUSTEES AND |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 OCTOBER 2024 |

| FOR |

| NESS SPORTS AND RECREATION ASSOCIATION |

| NESS SPORTS AND RECREATION ASSOCIATION |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

| Page |

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

| Independent Examiner's Report | 4 |

| Statement of Financial Activities | 5 |

| Balance Sheet | 6 |  | to |  | 7

| Notes to the Financial Statements | 8 |  | to |  | 15

NESS SPORTS AND RECREATION ASSOCIATION (REGISTERED NUMBER: SC274276) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 OCTOBER 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 October 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 main objective of the charity is to promote the benefit of the inhabitants of the Ness, Isle of Lewis and the surrounding area by advancing education and in the interests of social welfare to provide or assist in the provision of facilities for recreation and other leisure-time occupation so that the conditions of life of the aforementioned inhabitants may be improved.

Significant activities

The principal activity of the charity during the year under review was the management and administration of the 'Sporsnis' community facility at Lionel, Ness, Isle of Lewis and the production of the 20-page fortnightly community newspaper 'fios'. The two lane bowling alley, main sports hall, fitness room, softplay area and meeting rooms continue to be a good source of income. The newspaper in particular has boosted our funds with increased advertising.

Volunteers

As Sporsnis strives to be a successful, professionally run business, there continues to be less input from volunteers at reception but the charity relies heavily on volunteer mechanics to maintain the bowling machinery. We are also fortunate to have local skilled tradesmen who `fix` things free of charge. Some staff and directors continue to freely contribute their time and energy.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Development funding from the Galson Estate Trust has now started to have an impact on our facilities and performance. We have new flooring in the Cardio gym and the Soft play room, six new shower cubicles and a range of new gym equipment that has enhanced our clients experiences.

The new website is now live and with an online booking system that has much-reduced the workload on our duty managers. Bike rental has seen an uptick since the online system started as have bowling bookings.

We now host and manage our own IT system and websites, saving the costs of outsourcing.

The Therapy room now hosts three therapists on different days of the week.

Almost all activities saw a growth in numbers during the first half of 2025 and a survey showed that numbers have increased from 50 people per day using the facility in March 2024 up to 72 per day in March 2025.

We have three staff currently studying for professional qualifications under the development fund grant; a Personal Trainer, a Fitness Instructor and a Gymnastics Aerial coach.

Our publication, Fios, won the Community Newspaper of the Year award at the regional press awards, this is helping to improve sales and attract interest from larger publications who have started to reprint our stories in their own papers.

Internal and external factors

The charity is now less dependent upon the support of public funding agencies to assist in the ongoing delivery of the aims and objectives of the organisation. The trustees are confident that the main objectives for the forthcoming year will be achieved.

FINANCIAL REVIEW

Principal funding sources

In addition to the funds raised through membership subscriptions, admissions and sale of the newspaper, the charity is partially dependent on grants, donations and fundraising to fund its operational costs. Full details of the charity's principal funding sources are included in the notes to the financial statements.

Investment policy and objectives

The charity's reserves are maintained in bank accounts as the current level of reserves are required to meet the Association's short term operational requirements.

NESS SPORTS AND RECREATION ASSOCIATION (REGISTERED NUMBER: SC274276) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 OCTOBER 2024

FINANCIAL REVIEW

Reserves policy

The General fund and Designated fund represents the unrestricted funds from past operating results. It also represents the free reserves of the charity. The cost of the Sporsnis facility is funded by the income generated from the use of the facilities, fundraising activities and public grants. The trustees consider that the level of unrestricted reserves held at 31 October 2024, which equates to approximately four months operating expenditure, is sufficient to meet the day to day activities of the charity as presently structured. The trustees have an amount of £20,000 in a Designated Contingency fund to assist with future operating, repair and restructuring costs.

During the year the charity's resources expended exceeded incoming resources resulting in net expenditure of £55,897 for the period (2023 - net expenditure of £96,882). This represents an increase of £22,833 in unrestricted funds and a decrease of £78,730 in restricted funds. The unrestricted general fund has as a result increased to

£73,426.

The decrease in restricted funds relates mainly to the depreciation charge for the year charged to restricted funds in respect of the Sporsnis community facility, equipment and fittings. The restricted Sports Centre and Equipment funds represent the funds raised to assist with the building of the community facility and the purchase of equipment and fittings and are utilised to fund the future depreciation of the capital expenditure.

FUTURE PLANS

We are investigating the possibility of taking over the management of the Ploigh activities for the Galson Estate Trust, this will provide an income stream which will enable us to invest in an increase in staffing, perhaps up to 50% of one FTE at management level. Discussions are at an early stage.

We are also still working towards the takeover of management of the swimming pool and janitorial duties at the school, though the council appear to be making little, if any progress as yet.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Association is a charitable company limited by guarantee, incorporated on 6 October 2004. 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 directors of the company are also charity trustees for the purposes of charity law.

Under the terms of the Memorandum and Articles of Association the Elected Directors are appointed by the members at the Annual General Meeting. One third of the Elected Directors must retire by rotation at each Annual General Meeting.

The Board may also invite any Nominated Member of the company to nominate representatives to be appointed as Nominated Directors. Nominated Directors do not require to retire by rotation.

Organisational structure

The board consists of voluntary directors who manage the affairs of the charity through regular board meetings. The charity has reviewed its internal operational structure to assist in the effective management of the organisation. Since November 2011 a manager has been place to deal with day to day operations. The charity has two full time employee and twelve part time employees who assist with running the centre and the bi weekly newspaper.

Induction and training of new trustees

The charity undertakes training for trustees to ensure awareness and understanding of:-

- the responsibilities of directors;

- the organisational structure of the charity;

- the financial position of the charity; and

- the future plans and objectives of the charity.

Wider network

The charity has established links with other organisations and agencies to foster the aims and objectives of the organisation.

NESS SPORTS AND RECREATION ASSOCIATION (REGISTERED NUMBER: SC274276) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 OCTOBER 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Related parties

The charity's wholly owned subsidiary company, Sporsnis Limited, which was a non-trading/dormant company, was dissolved during the year.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

SC274276 (Scotland)

Registered Charity number

024876

Registered office

Sporsnis

Lionel

Port of Ness

Isle of Lewis

HS2 0XB

Trustees

R Morrison

V M Russell

A Morrison (resigned 17.1.24)

O L Van Voorst

A Macleod

J Murray (resigned 29.1.25)

I M Graham (resigned 17.1.24)

B M Smith (appointed 26.3.25)

R Smith (appointed 26.3.25)

Independent Examiner

CIB Services

Chartered Accountants

63 Kenneth Street

Stornoway

Isle of Lewis

Western Isles

HS1 2DS

Bankers

The Co-operative Bank plc

1 Balloon Street

Manchester

M60 4EP

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 28 July 2025 and signed on its behalf by:

O L Van Voorst - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

NESS SPORTS AND RECREATION ASSOCIATION

I report on the accounts for the year ended 31 October 2024 set out on pages five 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.

Iain Morrison ACMA

The Chartered Institute of Management Accountants

CIB Services

Chartered Accountants

63 Kenneth Street

Stornoway

Isle of Lewis

Western Isles

HS1 2DS

28 July 2025

| NESS SPORTS AND RECREATION ASSOCIATION |

STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 OCTOBER 2024

| 31.10.24 |  | 31.10.23

| Unrestricted |  | Restricted |  | Total |  | Total

| funds |  | funds |  | funds |  | funds

| Notes | £ | £ | £ | £ |

INCOME AND ENDOWMENTS FROM

Donations and legacies | 2 | 6,031 |  | - |  | 6,031 |  | 3,131 |

Charitable activities | 4

Charitable activities | 177,812 |  | 1,571 |  | 179,383 |  | 150,760 |

Investment income | 3 | 42 |  | - |  | 42 |  | - |

Total | 183,885 |  | 1,571 |  | 185,456 |  | 153,891 |

EXPENDITURE ON

Raising funds | 11,269 |  | - |  | 11,269 |  | 14,571 |

Charitable activities

Charitable activities | 149,783 |  | 80,301 |  | 230,084 |  | 236,202 |

Total | 161,052 |  | 80,301 |  | 241,353 |  | 250,773 |

NET INCOME/(EXPENDITURE) | 22,833 |  | (78,730 | ) | (55,897 | ) | (96,882 | )

RECONCILIATION OF FUNDS

Total funds brought forward | 50,593 |  | 659,365 |  | 709,958 |  | 806,840 |

TOTAL FUNDS CARRIED FORWARD | 73,426 |  | 580,635 |  | 654,061 |  | 709,958 |

NESS SPORTS AND RECREATION ASSOCIATION (REGISTERED NUMBER: SC274276) |

BALANCE SHEET

31 OCTOBER 2024

| 31.10.24 |  | 31.10.23

| Notes | £ | £ |

FIXED ASSETS |

Tangible assets | 9 | 594,871 |  | 677,326 |

CURRENT ASSETS |

Debtors | 10 | 6,856 |  | 2,151 |

Cash at bank | 60,290 |  | 38,462 |

67,146 |  | 40,613 |

CREDITORS |

Amounts falling due within one year | 11 | (7,956 | ) | (7,981 | )

NET CURRENT ASSETS | 59,190 |  | 32,632 |

TOTAL ASSETS LESS CURRENT LIABILITIES | 654,061 |  | 709,958 |

NET ASSETS | 654,061 |  | 709,958 |

FUNDS | 13

Unrestricted funds:

| General fund | 53,426 |  | 30,593 |

| Designated Contingency fund | 20,000 |  | 20,000 |

73,426 |  | 50,593 |

Restricted funds | 580,635 |  | 659,365 |

TOTAL FUNDS | 654,061 |  | 709,958 |

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

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

NESS SPORTS AND RECREATION ASSOCIATION (REGISTERED NUMBER: SC274276) |

BALANCE SHEET - continued

31 OCTOBER 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 28 July 2025 and were signed on its behalf by:

O L Van Voorst - Trustee

| NESS SPORTS AND RECREATION ASSOCIATION |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 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.

| These accounts are prepared in pound sterling which is the functional currency of the charity and are rounded to the nearest £.

| The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

| Financial reporting standard 102 - reduced disclosure exemptions

| The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

| • | the requirements of Section 7 Statement of Cash Flows.

| Preparation of consolidated financial statements

| The financial statements contain information about Ness Sports and Recreation Association as an individual charity and do not contain consolidated financial information as the parent of a group. The charity has taken the option under Section 398 of the Companies Act 2006 and Regulation 6 of the Charities Accounts (Scotland) Regulations 2006 not to prepare consolidated financial statements as the charity and its subsidiary, Sporsnis Limited, qualify as a small group and the gross income of the group is below the charities group accounts preparation threshold.

| Critical accounting judgements and key sources of estimation uncertainty

| The key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year relate to the useful economic lives and residual values of tangible fixed assets.

| The annual depreciation charge for tangible fixed assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. They are amended when necessary to reflect current estimates, future investment, economic utilisation and the physical condition of the assets. Details of the values of tangible fixed assets are included in the notes to the financial statements..

| 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.

| Grants generated to support the objects of the charity and without further specified purpose are taken to the Statement of Financial Activities in that period. Grants received which are related to capital expenditure or are for a specified purpose are transferred to Restricted Funds and are utilised to fund the future depreciation of the related capital expenditure or fund the costs relating to the specified purpose.

| 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.

| Raising funds

| Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of fundraising activities.

| NESS SPORTS AND RECREATION ASSOCIATION |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2024

1. | ACCOUNTING POLICIES - continued

| Charitable activities

| Charitable expenditure comprises those costs incurred by the charity in the delivery of its objects and activities. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. The allocation of direct and support costs are analysed in the notes to the financial statements.

| Governance costs

| Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include audit fees and costs linked to the strategic management of the charity.

| Allocation and apportionment of costs

| All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. estimated usage.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Buildings | - | 4% on cost

| Bowling equipment | - | 10% on cost

| Equipment and fittings | - | 20% on cost

| Tangible fixed assets are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £100 are not capitalised.

| 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.

| Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

| Investments

| Fixed asset investments in group undertakings are stated at cost less accumulated provision.

| NESS SPORTS AND RECREATION ASSOCIATION |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2024

2. | DONATIONS AND LEGACIES

| 31.10.24 |  | 31.10.23

£ | £ |

| Donations | 5,392 |  | 3,131 |  |

| Gift aid | 639 |  | - |  |

6,031 |  | 3,131 |  |

3. | INVESTMENT INCOME

| 31.10.24 |  | 31.10.23

£ | £ |

| Bank account interest | 42 |  | - |  |

| All investment income arises from assets held within the UK.

4. | INCOME FROM CHARITABLE ACTIVITIES

| 31.10.24 |  | 31.10.23

| Activity | £ | £ |

| Shop Income | Charitable activities | 7,077 |  | 7,485 |  |

| Newsletter income | Charitable activities | 42,738 |  | 38,653 |  |

| Rental income | Charitable activities | 19,476 |  | 17,142 |  |

| Hall hires | Charitable activities | - |  | 22,785 |  |

| Grants | Charitable activities | 35,263 |  | 17,650 |  |

| Membership fees | Charitable activities | 3,096 |  | 4,337 |  |

| Sports and fitness income | Charitable activities | 28,286 |  | 3,700 |  |

| Bowling income | Charitable activities | 23,935 |  | 22,403 |  |

| Employment Allowance | Charitable activities | 4,919 |  | 4,145 |  |

| Showers/waste disposal income |  | Charitable activities | 4,795 |  | 4,224 |  |

| Printing income | Charitable activities | 609 |  | 176 |  |

| Renewables income | Charitable activities | 9,189 |  | 8,060 |  |

179,383 |  | 150,760 |  |

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

| 31.10.24 |  | 31.10.23

£ | £ |

| Comhairle nan Eilean Siar | 1,800 |  | 700 |  |

| Lewis and Harris Sports Council | 1,747 |  | 450 |  |

| Urras Oighreachd Ghabhsainn | 30,870 |  | 14,500 |  |

| Calmac Communities Fund | - |  | 2,000 |  |

| Sea Changers | 846 |  | - |  |

35,263 |  | 17,650 |  |

| NESS SPORTS AND RECREATION ASSOCIATION |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2024

5. | NET INCOME/(EXPENDITURE)

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

| 31.10.24 |  | 31.10.23

£ | £ |

| Depreciation - owned assets | 82,455 |  | 82,455 |  |

6. | TRUSTEES' REMUNERATION AND BENEFITS

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

| Trustees' expenses

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

7. | STAFF COSTS

| 31.10.24 |  | 31.10.23

£ | £ |

| Wages and salaries | 111,024 |  | 109,183 |  |

| Social security costs | 4,919 |  | 4,145 |  |

| Other pension costs | 1,025 |  | 979 |  |

116,968 |  | 114,307 |  |

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

| 31.10.24 |  | 31.10.23

| Charitable activities | 11 |  | 11 |  |

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

8. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

| Unrestricted |  | Restricted |  | Total

| funds |  | funds |  | funds

£ | £ | £ |

| INCOME AND ENDOWMENTS FROM

| Donations and legacies | 3,131 |  | - |  | 3,131 |

| Charitable activities

| Charitable activities | 150,760 |  | - |  | 150,760 |

| Total | 153,891 |  | - |  | 153,891 |

| EXPENDITURE ON

| Raising funds | 14,571 |  | - |  | 14,571 |

| Charitable activities

| Charitable activities | 153,326 |  | 82,876 |  | 236,202 |

| Total | 167,897 |  | 82,876 |  | 250,773 |

| NESS SPORTS AND RECREATION ASSOCIATION |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2024

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

| Unrestricted |  | Restricted |  | Total

| funds |  | funds |  | funds

£ | £ | £ |

| NET INCOME/(EXPENDITURE) | (14,006 | ) | (82,876 | ) | (96,882 | )

| RECONCILIATION OF FUNDS

| Total funds brought forward | 64,599 |  | 742,241 |  | 806,840 |

| TOTAL FUNDS CARRIED FORWARD | 50,593 |  | 659,365 |  | 709,958 |

9. | TANGIBLE FIXED ASSETS

| Equipment |

| Bowling |  | and |

| Buildings |  | equipment |  | fittings |  | Totals

£ | £ | £ | £ |

| COST

| At 1 November 2023 and 31 October 2024 | 1,722,026 |  | 118,756 |  | 172,627 |  | 2,013,409 |  |

| DEPRECIATION

| At 1 November 2023 | 1,100,156 |  | 97,367 |  | 138,560 |  | 1,336,083 |  |

| Charge for year | 68,880 |  | 2,930 |  | 10,645 |  | 82,455 |  |

| At 31 October 2024 | 1,169,036 |  | 100,297 |  | 149,205 |  | 1,418,538 |  |

| NET BOOK VALUE

| At 31 October 2024 | 552,990 |  | 18,459 |  | 23,422 |  | 594,871 |  |

| At 31 October 2023 | 621,870 |  | 21,389 |  | 34,067 |  | 677,326 |  |

10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

| 31.10.24 |  | 31.10.23

£ | £ |

| Trade debtors | 2,649 |  | 1,739 |  |

| Prepayments and accrued income | 4,207 |  | 412 |  |

6,856 |  | 2,151 |  |

| NESS SPORTS AND RECREATION ASSOCIATION |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2024

11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

| 31.10.24 |  | 31.10.23

£ | £ |

| Trade creditors | 200 |  | 2,576 |  |

| Social security and other taxes | 2,426 |  | 1,368 |  |

| VAT | 3,470 |  | 2,275 |  |

| Other creditors | 640 |  | 590 |  |

| Accrued expenses | 1,220 |  | 1,172 |  |

7,956 |  | 7,981 |  |

12. | ANALYSIS OF NET ASSETS BETWEEN FUNDS

| 31.10.24 |  | 31.10.23

| Unrestricted |  | Restricted |  | Total |  | Total

| funds |  | funds |  | funds |  | funds

£ | £ | £ | £ |

| Fixed assets | 14,237 |  | 580,634 |  | 594,871 |  | 677,326 |  |

| Current assets | 67,146 |  | - |  | 67,146 |  | 40,613 |  |

| Current liabilities | (7,957 | ) | 1 |  | (7,956 | ) | (7,981 | ) |

73,426 |  | 580,635 |  | 654,061 |  | 709,958 |  |

13. | MOVEMENT IN FUNDS

| Net |  |

| At |  | movement |  | At |

| 1.11.23 |  | in funds |  | 31.10.24 |

£ | £ | £ |

| Unrestricted funds

| General fund | 30,593 |  | 22,833 |  | 53,426 |  |

| Designated Contingency fund | 20,000 |  | - |  | 20,000 |  |

50,593 |  | 22,833 |  | 73,426 |  |

| Restricted funds

| Equipment fund | 37,495 |  | (9,850 | ) | 27,645 |  |

| Sports Centre fund | 621,870 |  | (68,880 | ) | 552,990 |  |

659,365 |  | (78,730 | ) | 580,635 |  |

| TOTAL FUNDS | 709,958 |  | (55,897 | ) | 654,061 |  |

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 183,885 |  | (161,052 | ) | 22,833 |  |

| Restricted funds

| Revenue Grants fund | 1,570 |  | (1,570 | ) | - |  |

| Equipment fund | 1 |  | (9,851 | ) | (9,850 | ) |

| Sports Centre fund | - |  | (68,880 | ) | (68,880 | ) |

1,571 |  | (80,301 | ) | (78,730 | ) |

| TOTAL FUNDS | 185,456 |  | (241,353 | ) | (55,897 | ) |

| NESS SPORTS AND RECREATION ASSOCIATION |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2024

13. | MOVEMENT IN FUNDS - continued

| Comparatives for movement in funds

| Net |  | Transfers |  |

| At |  | movement |  | between |  | At |

| 1.11.22 |  | in funds |  | funds |  | 31.10.23 |

£ | £ | £ | £ |

| Unrestricted funds

| General fund | 24,599 |  | (14,006 | ) | 20,000 |  | 30,593 |  |

| Designated Contingency fund | 40,000 |  | - |  | (20,000 | ) | 20,000 |  |

64,599 |  | (14,006 | ) | - |  | 50,593 |  |

| Restricted funds

| Revenue Grants fund | 4,145 |  | (4,145 | ) | - |  | - |  |

| Equipment fund | 47,346 |  | (9,851 | ) | - |  | 37,495 |  |

| Sports Centre fund | 690,750 |  | (68,880 | ) | - |  | 621,870 |  |

742,241 |  | (82,876 | ) | - |  | 659,365 |  |

| TOTAL FUNDS | 806,840 |  | (96,882 | ) | - |  | 709,958 |  |

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 153,891 |  | (167,897 | ) | (14,006 | ) |

| Restricted funds

| Revenue Grants fund | - |  | (4,145 | ) | (4,145 | ) |

| Equipment fund | - |  | (9,851 | ) | (9,851 | ) |

| Sports Centre fund | - |  | (68,880 | ) | (68,880 | ) |

- |  | (82,876 | ) | (82,876 | ) |

| TOTAL FUNDS | 153,891 |  | (250,773 | ) | (96,882 | ) |

| FUNDS

| General fund

| The general fund represents unrestricted funds which the trustees are free to use in accordance with the charitable objects.

| Designated Contingency fund

| This represents unrestricted funds designated by the trustees to assist with future operating, repair and restructuring costs. There was a transfer of £20,000 from this fund to general fund during the year ended 31 October 2023 to assist with the charity's costs during that year.

| Revenue Grants fund

| This represents grants received from public funding agencies and trusts in respect of specified revenue costs.

| Equipment fund

| This represents the grants and donations received in respect of equipment purchased for use by the community. The funds are utilised to fund the future depreciation of the capital expenditure.

| Sports Centre fund

| NESS SPORTS AND RECREATION ASSOCIATION |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2024

13. | MOVEMENT IN FUNDS - continued

| This represents the funds raised from various organisations to assist in the building of a multi-purpose community facility. The funds are utilised to fund the future depreciation of the capital expenditure.

14. | RELATED PARTY DISCLOSURES

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

15. | LIMITED BY GUARANTEE

| The company is limited by guarantee and has no share capital. The liability of each member in the event of the company being wound up is restricted to £1.

16. | PERMANENT ENDOWMENTS

| The charity does not have any permanent endowments.