IRIS Accounts Production v25.4.0.155 Other Company accounts True false Pounds 1.4.24 31.3.25 31.3.25 FY FRS 102 Audited Small companies regime for accounts Full Charities SORP true true true true true false true false false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC420694 2024-03-31 SC420694 2025-03-31 SC420694 2024-04-01 2025-03-31 SC420694 2023-03-31 SC420694 2023-04-01 2024-03-31 SC420694 2024-03-31 SC420694 ns0:CharitableCompanyLimitedByGuarantee 2024-04-01 2025-03-31 SC420694 ns15:PoundSterling 2024-04-01 2025-03-31 SC420694 ns11:FRS102 2024-04-01 2025-03-31 SC420694 ns11:Audited 2024-04-01 2025-03-31 SC420694 ns11:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC420694 ns11:FullAccounts 2024-04-01 2025-03-31 SC420694 ns0:CharitiesSORP 2024-04-01 2025-03-31 SC420694 ns16:EnglandWales 2024-04-01 2025-03-31 SC420694 ns11:RegisteredOffice 2024-04-01 2025-03-31 SC420694 ns0:Trustee1 2024-04-01 2025-03-31 SC420694 ns0:Trustee2 2024-04-01 2025-03-31 SC420694 ns0:Trustee3 2024-04-01 2025-03-31 SC420694 ns0:Trustee4 2024-04-01 2025-03-31 SC420694 ns0:Trustee5 2024-04-01 2025-03-31 SC420694 ns0:Trustee6 2024-04-01 2025-03-31 SC420694 ns0:Trustee7 2024-04-01 2025-03-31 SC420694 ns0:Trustee8 2024-04-01 2025-03-31 SC420694 ns0:Trustee9 2024-04-01 2025-03-31 SC420694 ns0:Trustee10 2024-04-01 2025-03-31 SC420694 ns0:Trustee11 2024-04-01 2025-03-31 SC420694 ns0:Trustee12 2024-04-01 2025-03-31 SC420694 ns0:Trustee13 2024-04-01 2025-03-31 SC420694 ns11:CompanySecretary1 2024-04-01 2025-03-31 SC420694 ns0:TotalUnrestrictedFunds 2024-04-01 2025-03-31 SC420694 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 SC420694 ns0:Activity9 2024-04-01 2025-03-31 SC420694 ns0:Activity9 ns0:TotalUnrestrictedFunds 2024-04-01 2025-03-31 SC420694 ns0:Activity9 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 SC420694 ns0:Activity9 2023-04-01 2024-03-31 SC420694 ns0:Activity10 2024-04-01 2025-03-31 SC420694 ns0:Activity10 ns0:TotalUnrestrictedFunds 2024-04-01 2025-03-31 SC420694 ns0:Activity10 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 SC420694 ns0:Activity10 2023-04-01 2024-03-31 SC420694 ns0:Activity11 2024-04-01 2025-03-31 SC420694 ns0:Activity11 ns0:TotalUnrestrictedFunds 2024-04-01 2025-03-31 SC420694 ns0:Activity11 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 SC420694 ns0:Activity11 2023-04-01 2024-03-31 SC420694 ns0:Activity12 2024-04-01 2025-03-31 SC420694 ns0:Activity12 ns0:TotalUnrestrictedFunds 2024-04-01 2025-03-31 SC420694 ns0:Activity12 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 SC420694 ns0:Activity12 2023-04-01 2024-03-31 SC420694 ns0:TotalUnrestrictedFunds 2024-03-31 SC420694 ns0:TotalRestrictedIncomeFunds 2024-03-31 SC420694 ns0:TotalUnrestrictedFunds 2025-03-31 SC420694 ns0:TotalRestrictedIncomeFunds 2025-03-31 SC420694 ns0:TotalUnrestrictedFunds ns10:WithinOneYear 2025-03-31 SC420694 ns0:TotalRestrictedIncomeFunds ns10:WithinOneYear 2025-03-31 SC420694 ns10:WithinOneYear 2025-03-31 SC420694 ns10:WithinOneYear 2024-03-31 SC420694 ns10:AfterOneYear ns0:TotalUnrestrictedFunds 2025-03-31 SC420694 ns10:AfterOneYear ns0:TotalRestrictedIncomeFunds 2025-03-31 SC420694 ns10:AfterOneYear 2025-03-31 SC420694 ns10:AfterOneYear 2024-03-31 SC420694 1 2024-04-01 2025-03-31 SC420694 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 SC420694 ns10:PlantMachinery 2024-04-01 2025-03-31 SC420694 ns10:ComputerEquipment 2024-04-01 2025-03-31 SC420694 2 2024-04-01 2025-03-31 SC420694 3 2024-04-01 2025-03-31 SC420694 1 2024-04-01 2025-03-31 SC420694 1 2023-04-01 2024-03-31 SC420694 ns10:OwnedAssets 2024-04-01 2025-03-31 SC420694 ns10:OwnedAssets 2023-04-01 2024-03-31 SC420694 ns0:TotalUnrestrictedFunds 2023-04-01 2024-03-31 SC420694 ns0:TotalRestrictedIncomeFunds 2023-04-01 2024-03-31 SC420694 ns0:Activity9 ns0:TotalUnrestrictedFunds 2023-04-01 2024-03-31 SC420694 ns0:Activity9 ns0:TotalRestrictedIncomeFunds 2023-04-01 2024-03-31 SC420694 ns0:Activity10 ns0:TotalUnrestrictedFunds 2023-04-01 2024-03-31 SC420694 ns0:Activity10 ns0:TotalRestrictedIncomeFunds 2023-04-01 2024-03-31 SC420694 ns0:Activity12 ns0:TotalUnrestrictedFunds 2023-04-01 2024-03-31 SC420694 ns0:Activity12 ns0:TotalRestrictedIncomeFunds 2023-04-01 2024-03-31 SC420694 ns0:TotalUnrestrictedFunds ns10:PreviouslyStatedAmount 2023-03-31 SC420694 ns0:TotalRestrictedIncomeFunds ns10:PreviouslyStatedAmount 2023-03-31 SC420694 ns10:PreviouslyStatedAmount 2023-03-31 SC420694 ns10:PriorPeriodIncreaseDecrease ns0:TotalUnrestrictedFunds 2023-03-31 SC420694 ns10:PriorPeriodIncreaseDecrease ns0:TotalRestrictedIncomeFunds 2023-03-31 SC420694 ns10:PriorPeriodIncreaseDecrease 2023-03-31 SC420694 ns0:TotalUnrestrictedFunds 2023-03-31 SC420694 ns0:TotalRestrictedIncomeFunds 2023-03-31 SC420694 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2024-03-31 SC420694 ns10:PlantMachinery 2024-03-31 SC420694 ns10:ComputerEquipment 2024-03-31 SC420694 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2025-03-31 SC420694 ns10:PlantMachinery 2025-03-31 SC420694 ns10:ComputerEquipment 2025-03-31 SC420694 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2024-03-31 SC420694 ns10:PlantMachinery 2024-03-31 SC420694 ns10:ComputerEquipment 2024-03-31 SC420694 ns10:WithinOneYear 2023-03-31 SC420694 ns10:BetweenOneTwoYears 2025-03-31 SC420694 ns10:BetweenOneTwoYears 2024-03-31 SC420694 ns10:BetweenTwoFiveYears 2025-03-31 SC420694 ns10:BetweenTwoFiveYears 2024-03-31

REGISTERED COMPANY NUMBER: SC420694 (Scotland)

REGISTERED CHARITY NUMBER: SC046922

Report of the Trustees and

Financial Statements for the Year Ended 31 March 2025

for

URRAS STORAS AN RUBHA

URRAS STORAS AN RUBHA

Contents of the Financial Statements

for the Year Ended 31 March 2025

| Page |

| Report of the Trustees | 1 |  | to |  | 5

| Report of the Independent Auditors | 6 |  | to |  | 9

| Statement of Financial Activities | 10 |

| Balance Sheet | 11 |

| Cash Flow Statement | 12 |

| Notes to the Cash Flow Statement | 13 |

| Notes to the Financial Statements | 14 |  | to |  | 23

URRAS STORAS AN RUBHA (REGISTERED NUMBER: SC420694)

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 charity's objectives are to facilitate the pursuance of activities to promote the social, recreational, cultural and environmental wellbeing of the people of the Western Isles, and in particular the residents of the area known as the Eye Peninsula in Lewis by all or any of the following means:

1. Providing, maintaining and managing facilities which can be of use for recreational, heritage and cultural pursuits in order to improve the wellbeing of the community of Point and visitors to the area.

2. Providing, maintaining and managing facilities which can be used by community groups to assist the advancement of community development.

3. Providing such facilities through the acquisition of the former school site known as Knock School and developing and maintaining the site to provide amenities for the community and community groups.

URRAS STORAS AN RUBHA (REGISTERED NUMBER: SC420694)

Report of the Trustees

for the Year Ended 31 March 2025

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

During the period from April 2024-March 2025 the facilities provided by Urras Stòras An Rubha in Aros An Rubha continued to be well-used by the people of Point, and was also popular with visitors from elsewhere in Lewis and from the rest of the UK and abroad. It has become a key facility in the district of Point.

The Board continued to have as directors/trustees representatives from constituent members (Comann Eachdraidh An Rubha; Point Agricultural Society, Point and Sandwick Trust,Point Community Council, Bùth An Rubha, Rudhach newspaper, Urras Eaglais na h-Aoidhe, and Point Youth Club), as well as 5 trustees elected from the membership of the company. All the trustees serve on a voluntary basis and bring an excellent range of skills and experiences to the work of the board. The relationship among constituent members continues to be very good, with excellent co-operation in everyday practical matters and in joint ventures. Reports from the constituent members are presented at board meetings.

The Hub Development Manager's post, which had been funded by the National Lottery Community Fund for one year from July 2023 was granted funding for a further year. This followed a review visit from a National Lottery Fund officer towards the end of the first year; the visit confirmed that the Hub Development Manager was more than fulfilling the remit for "developing community capacity by supervising, co-ordinating and initiating activities within Aros An Rubha and working with partners, volunteers and the wider community to ensure that Aros An Rubha is developed and maintained as a sustainable and vibrant community hub". The additional grant funding allowed the post to continue until July 2025, by which time it is anticipated that USAR would be able to fund the post from its own revenue resources. As well as taking care of administration, maintenance and security matters at Aros an Rubha, the manager promotes and manages hot-desking facilities, evening classes, and has initiated and hosted popular community events, such as events for families at Christmas, Easter and Hallowe'en, and a monthly café/music session in conjunction with Alzheimer's Scotland.

In June 2024, application was made to the Crown Estates Fund for a 0.4 Community Development Officer, to follow on from the work of the previous Community Development Officer, in particular regarding the implementation of the Point Development Plan. The application was successful, granting sufficient funding to allow for 15 months at 0.4 FTE. Following a recruitment process the Community Development Officer started in post on 6 January 2025. The post holder has made good links with community groups and sends out a bulletin with funding information and other news on a monthly basis.

The extension to Aros An Rubha, incorporating additional office space, a laundrette, a kitchen for the meeting room and an enlarged car park, was completed in August, in time for the official opening of Aros An Rubha by HRH the Princess Royal on 29th August. All in attendance agreed that the official opening had been a success. It had been well-organised by the Lord Lieutenant and the Aros An Rubha Royal Visit Working group. Letters of thanks from Buckingham Palace and from the Lord Lieutenant were received.

Key policies and procedures, including Health and Safety and Safeguarding, were reviewed during this period, resulting in some operational changes being carried out.

The work of the constituent groups of the charity fits in well with the charitable purposes of USAR, which are the advancement of citizenship or community development and the provision of recreational facilities or the organisation of recreational activities, with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended.

Point and Sandwick Trust continues to be a key organisation within the community, investing profits produced by their three wind turbines directly back into the community. This investment, by way of grant funding and donations has helped various initiative s within the community to develop and grow, to the benefit of the well-being of the people of Point. In addition to pay ing rental as tenants, they subsidise the rental of the community spaces in the building, and have funded events at Aros An Rubha and for various community groups. PST has also helped the Comann Eachdraidh with literary, cultural and he ritage projects.

Comann Eachdraidh an Rubha Comann Eachdraidh An Rubha is active on a number of fronts - mounting exhibitions in their Aros An Rubha mus eum on key aspects of heritage and culture, responding to genealogical enquiries, curating archive materials, providi ng information sessions to pupils in the local school, Sgoil An Rubha , and organising social occasions, with a literary, cultural and heritage focus.

URRAS STORAS AN RUBHA (REGISTERED NUMBER: SC420694)

Report of the Trustees

for the Year Ended 31 March 2025

Buth an Rubha and Café Roo. During this period the shop and café continued to be popular and well-patronised by the community of Point and by others from elsewhere in Lewis. The shop is a valuable asset to those who are able to visit and to those who rely on t he delivery service provided. A large number of local businesses are supported by the shop. The café is a popular venu e with the people of Point and by visitors. It is a regular refreshment spot for some Additional Support Needs groups, and for senior citizen charities, such as the Befriending service.

The Rudhach newspaper has storage facilities in Aros An Rubha and continues to be popular and a valued source of local news and magazine-type articles on contemporary and historical topics. The Rudhach and the Comann Eachdraidh continue to work together on joint areas of interest.

Point Agricultural Society The show held in July each year is very popular, attracting locals and visitors. The society committee is supported by a large body of volunteers on the week of the show. These volunteers help in setting up in advance, clearing up afterw ards and in running of activities on the day.

Point Community Council The community council works towards improving the safety and well-being of the whole community of Point by wo rking with the local authority and local groups to highlight issues that need to be addressed and to advance projects that enhance the lives of all age groups.

Urras Eaglais na h-Aoidhe The work of ongoing maintenance and conservation of Eaglais na h-Aoidhe and its graveyard continued durin g this period, along with special events such as an ecumenical service in the church and the annual open day. Future p lans, for which funding is being sought include a landscaped interpretation area at the entrance to the graveyard.

Point Youth Club The club is popular with young people, who enjoy the range of activities offered in the excellently refurbished Knock Hall. The club is working on raising funds to enhance the outdoor spaces, including the provision of a skate park, aro und the hall.

FINANCIAL REVIEW

Reserves policy

As the redevelopment of the building is not yet complete a reserves policy has not been formalised, but will be discussed by the Board in the near future.

FUTURE PLANS

Community Development Officer

Funding will be sought to continue the part-time CDO post beyond the initial 15-month period.

Point Area Forum

USAR will be continue to be involved along with elected members of Comhairle nan Eilean Siar in assessing applications for the next round of Coastal Communities funding (formerly Crown Estate funding). Applications will be assessed in line with the scoring system developed in the two previous rounds. This system offers fairness and audit accountability in the distribution of funds.

Energy Use

USAR will continue to seek funding to secure battery storage which will reduce grid dependence in Aros An Rubha.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, its articles of association and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

URRAS STORAS AN RUBHA (REGISTERED NUMBER: SC420694)

Report of the Trustees

for the Year Ended 31 March 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

The maximum number of directors (trustees) shall be 15.

A person shall not be eligible for election/appointment as a director unless he/she is a member of the company.

At each annual general meeting, the members may elect any member (providing he/she is willing to act) to be a director.

The directors may at any time appoint any member (providing he/she is willing to act) to be a director.

At each annual general meeting all of the directors shall retire from office - but shall then be eligible for re-election.

The directors shall elect from among themselves a chair and treasurer and such other office bearers (if any) as they consider appropriate.

All office bearers shall cease to hold office at the conclusion of each annual general meeting, but shall then be eligible for re-election.

A person elected to any office shall cease to hold that office if he/she ceases to be a director, or if he/she resigns from that office by written notice to that effect.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

SC420694 (Scotland)

Registered Charity number

SC046922

Registered office

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

Trustees

A Lamont

C Dunn

T R Clark

M L Bruce (resigned 18.11.25)

N Mackenzie

E M Chaplin (resigned 18.11.25)

G K M Macdonald

D J MacSween

N Macleod (resigned 30.10.25)

D M Macdonald (resigned 18.11.25)

A Y Stewart (resigned 18.11.25)

J Meah

I Macaskill (appointed 1.11.25)

Company Secretary

C Dunn

URRAS STORAS AN RUBHA (REGISTERED NUMBER: SC420694)

Report of the Trustees

for the Year Ended 31 March 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Auditors

Mann Judd Gordon Ltd

Chartered Accountants

& Statutory Auditors

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of URRAS STORAS AN RUBHA 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. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law the trustees must not approve the financial statements unless they are satisfied that they 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 Charities 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.

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.

In so far as the trustees are aware:

- | there is no relevant audit information of which the charitable company's auditors are unaware; and

- | the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

AUDITORS

The auditors, Mann Judd Gordon Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Approved by order of the board of trustees on 18 November 2025 and signed on its behalf by:

A Lamont - Trustee

Report of the Independent Auditors to the Trustees and Members of

URRAS STORAS AN RUBHA

Opinion

We have audited the financial statements of URRAS STORAS AN RUBHA (the 'charitable company') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is 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'.

In our opinion the financial statements:

- | give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'; and

- | have been prepared in accordance with the requirements of the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 8 of the Charities Accounts (Scotland) Regulations 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- | the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Report of the Trustees has been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Trustees and Members of

URRAS STORAS AN RUBHA

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion:

- | adequate and proper accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or

- | the financial statements are not in agreement with the accounting records and returns; or

- | certain disclosures of trustees' remuneration specified by law are not made; or

- | we have not received all the information and explanations we require for our audit; or

- | the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Trustees and Members of

URRAS STORAS AN RUBHA

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach was as follows:

We obtained an understanding of the legal and regulatory frameworks that are applicable to the entity and determined that the most significant are those that relate to employment matters and those relating directly the preparation of the financial statements, that is FRS102, Charities SORP and the Companies Act 2006. The charity are also subject to data protection laws (GDPR) and health and safety within the workplace.We assessed the risks of material misstatement in respect of fraud as follows:

As part of our audit team discussion, we identified if any particular area was more susceptible to misstatement. A list of the known related parties was compiled along with an expectation of transactions between them. We then made fraud enquires of those charged with governance and confirmed our related party list.

Based on the results of our risk assessment we designed our audit procedures to identify non-compliance with such laws and regulations identified above. We corroborated our enquiries of those charged with governance by a review of the board minutes to date, a review of the bank statements to date, a review of the service organisation's payroll files for the year and a review of legal fees charged in the year for any evidence of legal or regulatory issues. Our considerations at planning were corroborated and no further legal or regulatory issues were noted.

We considered the risk of fraud through management override and, in response, we incorporated testing of manual journal entries throughout the year into our audit approach. A review of the year of bank statements was undertaken, to identify any large or unusual transactions No transactions outside the normal course of business were identified.

Given the size of the entity, segregation of duties is limited, so we designed our audit procedures to identify and to address any material misstatements arising from this. Appropriate approval controls were found to be in place.

The engagement partner's assessment of whether the engagement team collectively had the appropriate competence and capabilities to identify or recognise non-compliance with laws and regulations concluded that the overall risk was of fraud and misstatement was low and the experience of the audit team assigned was sufficient and no specialists were required. An appropriate level of materiality has been calculated in consideration of the inherent difficulty in detecting irregularities along with the perceived level of risk.

There are inherent limitations in the audit procedures described above that result in an unavoidable risk that some material misstatements in the financial statements may not be detected, even though the audit is properly planned and performed in accordance with International Standards on Auditing (UK). The further removed non-compliance with laws and regulations is from the events and financial transactions in the financial statements, the less likely the auditor is to become aware of it or recognise non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment through forgery, collusion, omission or misrepresentation. The primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entity and management.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Report of the Independent Auditors to the Trustees and Members of

URRAS STORAS AN RUBHA

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable company's trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charitable company's members and the trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

John E Moffat BA FCA (Senior Statutory Auditor)

for and on behalf of Mann Judd Gordon Ltd

Chartered Accountants

& Statutory Auditors

Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

18 November 2025

URRAS STORAS AN RUBHA

Statement of Financial Activities

(Incorporating an Income and Expenditure Account)

for the Year Ended 31 March 2025

| 31.3.25 |  | 31.3.24

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | funds |  | funds |  | funds

| as restated

| Notes | £ | £ | £ | £ |

INCOME AND ENDOWMENTS FROM

Donations and legacies | 2 | 1,320 |  | 581,226 |  | 582,546 |  | 125,977 |

Other trading activities | 3 | 1,295 |  | - |  | 1,295 |  | - |

Investment income | 4 | 25,469 |  | - |  | 25,469 |  | 22,950 |

Total | 28,084 |  | 581,226 |  | 609,310 |  | 148,927 |

EXPENDITURE ON

Charitable activities | 5

Aros an Rubha operating costs | 18,539 |  | 29,874 |  | 48,413 |  | 42,033 |

Support grants payable | - |  | - |  | - |  | 1,885 |

Governance costs | 5,784 |  | - |  | 5,784 |  | 3,651 |

Depreciation | 182 |  | 30,934 |  | 31,116 |  | 1,049 |

Total | 24,505 |  | 60,808 |  | 85,313 |  | 48,618 |

NET INCOME | 3,579 |  | 520,418 |  | 523,997 |  | 100,309 |

RECONCILIATION OF FUNDS

Total funds brought forward | 116,653 |  | 1,237,787 |  | 1,354,440 |  | 1,254,131 |

TOTAL FUNDS CARRIED FORWARD | 120,232 |  | 1,758,205 |  | 1,878,437 |  | 1,354,440 |

URRAS STORAS AN RUBHA (REGISTERED NUMBER: SC420694)

Balance Sheet

31 March 2025

| 31.3.25 |  | 31.3.24

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | funds |  | funds |  | funds

| as restated

| Notes | £ | £ | £ | £ |

FIXED ASSETS |

Tangible assets | 13 | 61,084 |  | 1,773,920 |  | 1,835,004 |  | 1,281,112 |

CURRENT ASSETS |

Debtors | 14 | 20,954 |  | - |  | 20,954 |  | 9,276 |

Cash at bank and in hand | 53,570 |  | 33,583 |  | 87,153 |  | 111,271 |

74,524 |  | 33,583 |  | 108,107 |  | 120,547 |

CREDITORS |

Amounts falling due within one year | 15 | (15,376 | ) | (20,709 | ) | (36,085 | ) | (10,652 | )

NET CURRENT ASSETS | 59,148 |  | 12,874 |  | 72,022 |  | 109,895 |

TOTAL ASSETS LESS CURRENT LIABILITIES | 120,232 |  | 1,786,794 |  | 1,907,026 |  | 1,391,007 |

CREDITORS |

Amounts falling due after more than one year | 16 | - |  | (28,589 | ) | (28,589 | ) | (36,567 | )

NET ASSETS | 120,232 |  | 1,758,205 |  | 1,878,437 |  | 1,354,440 |

FUNDS | 18

Unrestricted funds | 120,232 |  | 116,653 |

Restricted funds | 1,758,205 |  | 1,237,787 |

TOTAL FUNDS | 1,878,437 |  | 1,354,440 |

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 18 November 2025 and were signed on its behalf by:

A Lamont - Trustee

C Dunn - Trustee

URRAS STORAS AN RUBHA

Cash Flow Statement

for the Year Ended 31 March 2025

| 31.3.25 |  | 31.3.24

| as restated |

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | 568,902 |  | 99,850 |  |

Interest paid | (104 | ) | (75 | ) |

Net cash provided by operating activities | 568,798 |  | 99,775 |  |

Cash flows from investing activities

Purchase of tangible fixed assets | (585,008 | ) | (30,851 | ) |

Interest received | 70 |  | - |  |

Net cash used in investing activities | (584,938 | ) | (30,851 | ) |

Cash flows from financing activities

Loan repayments in year | (7,978 | ) | - |  |

Net cash (used in)/provided by financing activities | (7,978 | ) | - |  |

Change in cash and cash equivalents in the reporting period | (24,118 | ) | 68,924 |  |

Cash and cash equivalents at the beginning of the reporting period | 111,271 |  | 42,347 |  |

Cash and cash equivalents at the end of the reporting period | 87,153 |  | 111,271 |  |

URRAS STORAS AN RUBHA

Notes to the Cash Flow Statement

for the Year Ended 31 March 2025

1. | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Net income for the reporting period (as per the Statement of Financial Activities) | 523,997 |  | 100,309 |  |

| Adjustments for:

| Depreciation charges | 31,116 |  | 1,049 |  |

| Interest received | (70 | ) | - |  |

| Interest paid | 104 |  | 75 |  |

| (Increase)/decrease in debtors | (11,678 | ) | 5,707 |  |

| Increase/(decrease) in creditors | 25,433 |  | (7,290 | ) |

| Net cash provided by operations | 568,902 |  | 99,850 |  |

2. | ANALYSIS OF CHANGES IN NET FUNDS

| At 1.4.24 | Cash flow | At 31.3.25

£ | £ | £ |

| Net cash |

| Cash at bank and in hand | 111,271 |  | (24,118 | ) | 87,153 |  |

111,271 |  | (24,118 | ) | 87,153 |  |

| Debt

| Debts falling due within 1 year | (7,978 | ) | - |  | (7,978 | ) |

| Debts falling due after 1 year | (36,567 | ) | 7,978 |  | (28,589 | ) |

(44,545 | ) | 7,978 |  | (36,567 | ) |

| Total | 66,726 |  | (16,140 | ) | 50,586 |  |

URRAS STORAS AN RUBHA

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.

| The presentation currency of the financial statements is the Pound Sterling (£).

| The financial statements 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.

| 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.

| Freehold property | - | not provided

| Plant and machinery | - | 20% depreciation on cost

| Computer equipment | - | 33% depreciaton on cost

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

URRAS STORAS AN RUBHA

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

1. | ACCOUNTING POLICIES - continued

| 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.

| 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.

2. | DONATIONS AND LEGACIES

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Donations | 1 |  | 482 |  |

| Grants | 581,225 |  | 124,314 |  |

| EV Charger income | 250 |  | 39 |  |

| Room Hire | 1,070 |  | 1,142 |  |

582,546 |  | 125,977 |  |

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

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Big Lottery | 26,740 |  | 27,300 |  |

| CNES | - |  | 2,027 |  |

| Point & Sandwick Trust | 534,485 |  | - |  |

| The Energy Saving Trust / CARES | - |  | 38,203 |  |

| Crown Estates | 20,000 |  | 44,584 |  |

| Point & Sandwick Trust | - |  | 500 |  |

| Buth An Rubha Ltd | - |  | 1,700 |  |

| Energy for Tomorrow | - |  | 10,000 |  |

581,225 |  | 124,314 |  |

URRAS STORAS AN RUBHA

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

3. | OTHER TRADING ACTIVITIES

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Fundraising income | 1,295 |  | - |  |

4. | INVESTMENT INCOME

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Rents received | 25,399 |  | 22,950 |  |

| Deposit account interest | 70 |  | - |  |

25,469 |  | 22,950 |  |

5. | CHARITABLE ACTIVITIES COSTS

| Support

| costs (see

| note 7)

£ |

| Aros an Rubha operating costs | 48,413 |  |

| Governance costs | 5,784 |  |

| Depreciation | 31,116 |  |

85,313 |  |

6. | GRANTS PAYABLE

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Support grants payable | - |  | 1,885 |  |

| The total grants paid to institutions during the year was as follows: |

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Grotto Grant | - |  | 1,700 |  |

| Co Thann Project | - |  | 185 |  |

- |  | 1,885 |  |

URRAS STORAS AN RUBHA

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

7. | SUPPORT COSTS

| Governance |

| Management |  | Other |  | costs |  | Totals

£ | £ | £ | £ |

| Aros an Rubha operating costs | 48,309 |  | 104 |  | - |  | 48,413 |  |

| Governance costs | - |  | - |  | 5,784 |  | 5,784 |  |

| Depreciation | 31,116 |  | - |  | - |  | 31,116 |  |

79,425 |  | 104 |  | 5,784 |  | 85,313 |  |

8. | NET INCOME/(EXPENDITURE)

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

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Auditors' remuneration | 4,500 |  | - |  |

| Depreciation - owned assets | 31,116 |  | 1,049 |  |

9. | 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

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

10. | STAFF COSTS

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Wages and salaries | 28,591 |  | 28,438 |  |

| Other pension costs | 557 |  | 452 |  |

29,148 |  | 28,890 |  |

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

| 31.3.25 |  | 31.3.24

| as restated |

| Charitable activities | 1 |  | 1 |  |

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

URRAS STORAS AN RUBHA

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

11. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

| Unrestricted |  | Restricted |  | Total

| fund |  | funds |  | funds

| as restated

£ | £ | £ |

| INCOME AND ENDOWMENTS FROM

| Donations and legacies | 33,189 |  | 92,788 |  | 125,977 |

| Investment income | 22,950 |  | - |  | 22,950 |

| Total | 56,139 |  | 92,788 |  | 148,927 |

| EXPENDITURE ON

| Charitable activities

| Aros an Rubha operating costs | 42,033 |  | - |  | 42,033 |

| Support grants payable | 1,885 |  | - |  | 1,885 |

| Governance costs | 3,651 |  | - |  | 3,651 |

| Depreciation | 1,049 |  | - |  | 1,049 |

| Total | 48,618 |  | - |  | 48,618 |

| NET INCOME | 7,521 |  | 92,788 |  | 100,309 |

| RECONCILIATION OF FUNDS

| Total funds brought forward

| As previously reported | 109,132 |  | 1,189,545 |  | 1,298,677 |

| Prior year adjustment | - |  | (44,546 | ) | (44,546 | )

| As restated | 109,132 |  | 1,144,999 |  | 1,254,131 |

| TOTAL FUNDS CARRIED FORWARD | 116,653 |  | 1,237,787 |  | 1,354,440 |

12. | PRIOR YEAR ADJUSTMENT

| It was discovered in the year that a receipt from CARES in prior years had been considered as a grant in the financial statements but was in fact a loan. Loan payments began in 24/25. Prior year figures were restated to recognise loan.

|  | Unrestricted |  | Restricted |  |

| £ |  | £ |  |

| Reserves at 31 March 2024, as filed |  | 116,653 |  | 1,282,333 |  |

| Prior year adjustment - introduction of loan |  |  | (44,546 | ) |

| Reserves at 31 March 2024, restated |  | 116,653 |  | 1,237,787 |  |

URRAS STORAS AN RUBHA

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

13. | TANGIBLE FIXED ASSETS

| Freehold |  | Plant and |  | Computer |

| property |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 1,263,053 |  | 17,689 |  | 1,419 |  | 1,282,161 |  |

| Additions | 535,813 |  | 49,195 |  | - |  | 585,008 |  |

| At 31 March 2025 | 1,798,866 |  | 66,884 |  | 1,419 |  | 1,867,169 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | - |  | 1,049 |  | 1,049 |  |

| Charge for year | 24,043 |  | 6,891 |  | 182 |  | 31,116 |  |

| At 31 March 2025 | 24,043 |  | 6,891 |  | 1,231 |  | 32,165 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,774,823 |  | 59,993 |  | 188 |  | 1,835,004 |  |

| At 31 March 2024 | 1,263,053 |  | 17,689 |  | 370 |  | 1,281,112 |  |

14. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Trade debtors | 7,853 |  | 620 |  |

| VAT | - |  | 172 |  |

| Prepayments and accrued income | 13,101 |  | 8,484 |  |

20,954 |  | 9,276 |  |

15. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Other loans (see note 17) | 7,978 |  | 7,978 |  |

| Trade creditors | 3,164 |  | - |  |

| Social security and other taxes | 501 |  | 570 |  |

| Pensions c/a | 111 |  | 104 |  |

| VAT | 3,161 |  | - |  |

| Accrued expenses | 21,170 |  | 2,000 |  |

36,085 |  | 10,652 |  |

URRAS STORAS AN RUBHA

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

16. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Other loans (see note 17) | 28,589 |  | 36,567 |  |

17. | LOANS

| An analysis of the maturity of loans is given below:

| 31.3.25 |  | 31.3.24

| as restated |

£ | £ |

| Amounts falling due within one year on demand:

| Other loans | 7,978 |  | 7,978 |  |

| Amounts falling between one and two years:

| Other loans - 1-2 years | 7,978 |  | 7,978 |  |

| Amounts falling due between two and five years:

| Other loans - 2-5 years | 20,611 |  | 23,935 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments:

| Other loans more 5yrs non-inst | - |  | 4,654 |  |

18. | MOVEMENT IN FUNDS

| Net |  |

| movement |  | At |

| At 1.4.24 |  | in funds |  | 31.3.25 |

£ | £ | £ |

| Unrestricted funds

| General fund | 116,653 |  | 3,579 |  | 120,232 |  |

| Restricted funds

| Building | 1,237,787 |  | 503,551 |  | 1,741,338 |  |

| General Fund | - |  | 16,867 |  | 16,867 |  |

1,237,787 |  | 520,418 |  | 1,758,205 |  |

| TOTAL FUNDS | 1,354,440 |  | 523,997 |  | 1,878,437 |  |

URRAS STORAS AN RUBHA

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

18. | MOVEMENT IN FUNDS - continued

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 28,084 |  | (24,505 | ) | 3,579 |  |

| Restricted funds

| Building | 534,485 |  | (30,934 | ) | 503,551 |  |

| General Fund | 46,741 |  | (29,874 | ) | 16,867 |  |

581,226 |  | (60,808 | ) | 520,418 |  |

| TOTAL FUNDS | 609,310 |  | (85,313 | ) | 523,997 |  |

| Comparatives for movement in funds

| Prior |  | Net |  |

| year |  | movement |  | At |

| At 1.4.23 |  | adjustment |  | in funds |  | 31.3.24 |

£ | £ | £ | £ |

| Unrestricted funds

| General fund | 109,132 |  | - |  | 7,521 |  | 116,653 |  |

| Restricted funds

| Building | 1,189,545 |  | (44,546 | ) | 92,788 |  | 1,237,787 |  |

| TOTAL FUNDS | 1,298,677 |  | (44,546 | ) | 100,309 |  | 1,354,440 |  |

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 56,139 |  | (48,618 | ) | 7,521 |  |

| Restricted funds

| Building | 92,788 |  | - |  | 92,788 |  |

| TOTAL FUNDS | 148,927 |  | (48,618 | ) | 100,309 |  |

URRAS STORAS AN RUBHA

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

18. | MOVEMENT IN FUNDS - continued

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

| Prior |  | Net |  |

| year |  | movement |  | At |

| At 1.4.23 |  | adjustment |  | in funds |  | 31.3.25 |

£ | £ | £ | £ |

| Unrestricted funds

| General fund | 109,132 |  | - |  | 11,100 |  | 120,232 |  |

| Restricted funds

| Building | 1,189,545 |  | (44,546 | ) | 596,339 |  | 1,741,338 |  |

| General Fund | - |  | - |  | 16,867 |  | 16,867 |  |

1,189,545 |  | (44,546 | ) | 613,206 |  | 1,758,205 |  |

| TOTAL FUNDS | 1,298,677 |  | (44,546 | ) | 624,306 |  | 1,878,437 |  |

| 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 | 84,223 |  | (73,123 | ) | 11,100 |  |

| Restricted funds

| Building | 627,273 |  | (30,934 | ) | 596,339 |  |

| General Fund | 46,741 |  | (29,874 | ) | 16,867 |  |

674,014 |  | (60,808 | ) | 613,206 |  |

| TOTAL FUNDS | 758,237 |  | (133,931 | ) | 624,306 |  |

19. | RELATED PARTY DISCLOSURES

| Representatives from the tenants who occupy the former knock school sit on the Board as Directors:

| Buth An Rubha

| Cafe Roo

| Comann Eachdraidh An Rubha

| Point and Sandwick Trust

| During the year rents charged to related parties were as follows:

| Buth an Rubha - £9,750 (2024: £9,750)

| Cafe Roo - £1,200 (2024:£1,200)

| Point and Sandwick Power - £12,000 (2024: £12,000)

| During the year the following grants were received from related parties:

| Buth an Rubha - £nil (2024: £1,700)

| Point and Sandwick Trust - £534,485 (2024: £500)

| The following amounts were outstanding at the year end:

URRAS STORAS AN RUBHA

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

19. | RELATED PARTY DISCLOSURES - continued

| Buth an Rubha owes £7,853