Carloway Estate Trust (Urras Oighreachd - Charities report

REGISTERED COMPANY NUMBER: SC472722 (Scotland)

REGISTERED CHARITY NUMBER: SC44779

Report of the Trustees and

Financial Statements for the Year Ended 31 March 2025

for

CARLOWAY ESTATE TRUST (URRAS OIGHREACHD

CHARLABHAIGH)

Page

Report of the Trustees

1

to

4

Independent Examiner's Report

5

Statement of Financial Activities

6

Balance Sheet

7

to

8

Notes to the Financial Statements

9

to

19

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 Company has been formed to benefit the community of Carloway Estate Trust (Urras Oighreachd Charlabhaigh) as defined by the postcode units:

HS2 9EF

HS2 9ED

HS2 9EA

HS2 9DY

HS2 9DX

HS2 9DZ

HS2 9DW

HS2 9AZ

HS2 9AA

HS2 9AY

HS2 9AW

HS2 9AU

with the purposes listed below, to be exercised following the principles of sustainable development (where sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs)' namely:

To advance community development and advance the regeneration of the postcode areas outlined above through the management of community lands and associated assets for the benefit of the community and the public in general.

To advance environmental protection or improvement including preservation, sustainable development and conservation of the natural environment, the maintenance, improvement or provision of environmental amenities for the Community and/or the preservation of buildings or sites of architectural, historic or other importance to the Community.

Significant activities

Urras Oighreachd Chàrlabhaigh has had another productive year. Good progress has been made on developing revenue streams at the Broch Visitor Centre and further improvements have been made to the angling system.

Tourism: The Bonnet Laird Walk route, between Callanish and Carloway, is now in regular use with the necessary infrastructure in place including way markers, stiles, bridge, and bi-lingual signage.

Urras Oighreachd Chàrlabhaigh continues to develop the angling including Carloway River System and the large number of trout lochs, boats are available to anglers on two of the lochs. Further improvement to the habitat in the system has been undertaken in 2024 with support from Salmon Scotland's Wild Fisheries Fund. Urras Oighreachd Chàrlabhaigh is committed to continue to improve the health of our river system.

Work is continuing to progress the redevelopment of the Carloway Broch Visitor Centre. Since tsking on the ownership and operation of the Visitor Centre the focus has been on maximising opening hours. Payment devices were installed on the toilet doors ahead of the 2024 visitor season and these, along with a "tap to donate" device have proved successful. In addition, relationship with the cruise industry to provide access to the facilities is proving successful.

Work is ongoing to further develop the E-bikes project and make them available to the community and public. Several successful trials have been undertaken.

Community Workshop & Growing Space: The plans for the Community Workshop have been developed to include refurbishment of the building and development of the outdoor community growing space including Polycrubs. Planning permission has been secured for the project and work is ongoing to develop a funding strategy. NHS Western Isles Capital funding has been secured to support the development of the community growing space.

Community Engagement: Urras Oighreachd Chàrlabhaigh's project employing a Local Development Officer supported by HIE came to an end in May 2024 due to funding not being available to continue the project. The Local Development Officer had supported community projects being undertaken by members of the Dalmore to Lochganvich Community Forum. Projects have included Calanais 2025 and supporting Carloway Community Association.

Urras Oighreachd Chàrlabhaigh has continued to work with Urras Oighreachd Ghabhsainn to deliver a transition activity programme for p7 pupils from four primary schools across the two estate areas. The young people take part in a variety of activities and gain their John Muir Discovery Award as part of the project.

Peatland ACTION: We continue to host a Peatland ACTION Project Officer who is supporting peatland restoration projects across the Outer Hebrides. We employ a full-time Project Officer as part of this project. There are a number of Peatland ACTION restoration projects completed, in progress and planned across the Outer Hebrides including at Loch Fasgro on Carloway Estate.

Greylag Goose Management Scheme: Administering the island wide goose scheme on behalf of Nature Scot remains an important part of the Trust's work. This vital project supports the crofting sector across Lewis and Harris.

West Coast Community Energy: The Trust is working with other community landowners, Urras Oighreachd Ghabhsainn and Urras Sgìre Oighreachd Bharabhais, to develop a community wind farm on land near Barvas. This planned, 43MW project will take the Trust closer to realising our ambitions of owning revenue generating renewables

FINANCIAL REVIEW

Principal funding sources

The principal funding sources in the year are as follows:

- Estate income including croft rents, leases, wayleaves and land sales.

- Donations and associated income from Doune Broch Visitor Centre.

- Highlands and Islands Enterprise - Revenue grants to support Local Development Officer.

- HIE Community Led Tourism Infrastructure Fund.

- Peatland ACTION (Nature Scot) - Peatland ACTION Project.

- Scottish Land Fund (Stage 2) - Support the purchase of the Doune Broch Visitor Centre and Carpark.

- NHS Western Isles Capital Grant - Capital Grant for Community Growing Space including Polycrub.

- Nature Scot - Goose Management Project.

- Community Led Local Development - West Coast Community Energy.

- Salmon Scotland Wild Fisheries Fund

Reserves policy

One focus of the Board in the years since the Estate was purchased back in 2015 has been to build reserves such that the management of the core business of the Estate can continue to be carried out on a part or full time basis, if or when funding towards this cost is not available. In more recent times the acquisition of the workshop and now the Doune Broch Visitor Centre and carpark bring with it increased responsibilities from both a management and financial perspective. The Board is committed to continuing to increase income streams but until such time as these are sufficient to cover the running costs of the estate without the need for revenue funding, the Board feel it prudent to continue to build reserves.

FUTURE PLANS

Ongoing land management will include developing angling across Carloway Estate.

Secure capital funding for the redevelopment of the Community Workshop including an outdoor community growing space.

Move forward with the redevelopment of Doune Broch Visitor Centre and Carpark. Continue to work with Historic Environment Scotland to develop a tourism project around Dùn Carloway Broch. Work to increase revenue generated at the site.

Work collaboratively with the Dalmore to Lochganvich Community Forum to ensure community projects are taken forward.

The Trust will mitigate any risks by retaining skilled directors, planning for succession and encouraging members to stand for election at the AGM.

Continue to work as part of West Coast Community Energy to develop a community owned windfarm on land near Barvas,

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a limited company, limited by guarantee, as defined by the Companies Act 2006. It is governed by its articles of association. Following an EGM on 27 July 2016 a special resolution was passed. In future, one half of the elected Trustees (or the nearest number upwards) shall retire from office at each biennial AGM, with retiring Trustees remaining in office until the close of the meeting. A retiring Trustee shall be eligible for re-election.

Recruitment and appointment of new trustees

The Board may be comprised of not less than 5 and not more than 12 Trustees, drawn from the postcode areas specified in the charitable purposes.

Half of the Elected Trustees will retire from office bi-annually at the AGM, with retiring Trustees remaining in office until close of the meeting. Retiring Trustees are eligible for re-election.

Up to 3 individuals may also be co-opted from time to time by the Board, although such Trustees will not be eligible to vote at any Board meetings which he or she attends.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

SC472722 (Scotland)

Registered Charity number

SC44779

Registered office

Carloway Community Centre

Knock

Carloway

Isle of Lewis

HS2 9AU

Trustees

M N Maciver

K J MacLennan

I D M Macleod

D Macleod

I N Macleod

N J Macarthur

J E Ferguson

N Barker

A R Morgan

K Maclean

Company Secretary

D Mackinnon

Independent Examiner

John E Moffat BA FCA

Mann Judd Gordon Ltd

Chartered Accountants

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

Approved by order of the board of trustees on 26 November 2025 and signed on its behalf by:

K J MacLennan - Trustee

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

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention :

(1)	which gives me reasonable cause to believe that, in any material respect, the requirements

-	to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and

-	to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations

have not been met; or

(2)	to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

John E Moffat BA FCA

The Institute of Chartered Accountants in England and Wales

Mann Judd Gordon Ltd

Chartered Accountants

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

26 November 2025

31.3.25

31.3.24

Unrestricted

Restricted

Total

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

9,024

70,879

79,903

129,853

Charitable activities

1

-

1

207

Other trading activities

3

6,500

-

6,500

6,000

Investment income

4

22,651

-

22,651

33,617

Total

38,176

70,879

109,055

169,677

EXPENDITURE ON

Raising funds

5

-

100

Charitable activities

42,132

68,147

110,279

151,446

Governance Costs

1,816

528

2,344

2,261

Total

43,948

68,675

112,623

153,807

NET INCOME/(EXPENDITURE)

(5,772

)

2,204

(3,568

)

15,870

Transfers between funds

13

(12,215

)

12,215

-

Net movement in funds

(17,987

)

14,419

(3,568

)

15,870

RECONCILIATION OF FUNDS

Total funds brought forward

48,730

301,644

350,374

334,504

TOTAL FUNDS CARRIED FORWARD

30,743

316,063

346,806

350,374

31.3.25

31.3.24

Unrestricted

Restricted

Total

funds

Notes

£

FIXED ASSETS

Tangible assets

10

-

278,997

CURRENT ASSETS

Debtors

11

1,087

-

1,087

21,510

Cash at bank and in hand

36,281

37,657

73,938

57,501

37,368

37,657

75,025

79,011

CREDITORS

Amounts falling due within one year

12

(6,625

)

(591

)

(7,216

)

(7,634

)

NET CURRENT ASSETS

30,743

37,066

67,809

71,377

TOTAL ASSETS LESS CURRENT

LIABILITIES

30,743

316,063

346,806

350,374

NET ASSETS

30,743

316,063

346,806

350,374

FUNDS

13

Unrestricted funds

30,743

48,730

Restricted funds

316,063

301,644

TOTAL FUNDS

346,806

350,374

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions applicable to small charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 26 November 2025 and were signed on its behalf by:

K J MacLennan - Trustee

D Macleod - Trustee

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.

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

-

not provided

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

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.

2.	DONATIONS AND LEGACIES

31.3.25

31.3.24

Unrestricted

Restricted

Total

funds

£

Donations

7,524

(2

)

7,522

4,984

Grants

1,500

70,881

72,381

124,469

Film shoot income

-

200

Travel bursary

-

200

9,024

70,879

79,903

129,853

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

31.3.25

31.3.24

£

Highlands & Islands Enterprise

6,521

36,630

Community Land Scotland

-

300

Comhairle nan Eilean Siar

21,000

21,761

Nature Scotland

38,554

44,778

Crown Estate - Development Manager

-

21,000

Salmon Scotland

6,306

-

72,381

124,469

3.	OTHER TRADING ACTIVITIES

31.3.25

31.3.24

Unrestricted

Restricted

Total

funds

£

Lewis & Harris Grey Goose Adaptive

Management Project - Co-ordinator fee

6,500

-

6,500

6,000

4.	INVESTMENT INCOME

31.3.25

31.3.24

Unrestricted

Restricted

Total

funds

£

Carloway Estate Income

21,930

-

21,930

33,244

Deposit account interest

721

-

721

373

22,651

-

22,651

33,617

Investment income includes all of the income generated by the estate lands acquired by the Trust.

2025

2024

Wayleaves

1,638

1,824

Leases

2,800

5,198

Croft Rents

2,158

2,360

Land Sales

6,457

15,400

Angling Tickets

1,286

789

Broch Parking

5,991

6,644

Other (Scottish Water, Gunnera contribution etc)

1,600

1,029

Carloway Estate Income

21,930

33,244

5.	RAISING FUNDS

Investment management costs

31.3.25

31.3.24

Unrestricted

Restricted

Total

funds

£

Grazings share of mast rental

-

100

6.	NET INCOME/(EXPENDITURE)

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

31.3.25

31.3.24

£

Other operating leases

3,960

3,640

7.	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, £911 for the year ended 31 March 2024.

8.	STAFF COSTS

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

31.3.25

31.3.24

Development Manager

1

Project Officer

2

Finance and Administration

1

4

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

9.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

5,510

124,343

129,853

Charitable activities

207

-

207

Other trading activities

6,000

-

6,000

Investment income

33,617

-

33,617

Total

45,334

124,343

169,677

EXPENDITURE ON

Raising funds

100

-

100

Charitable activities

38,929

112,517

151,446

Governance Costs

1,656

605

2,261

Total

40,685

113,122

153,807

NET INCOME

4,649

11,221

15,870

RECONCILIATION OF FUNDS

Total funds brought forward

44,080

290,424

334,504

TOTAL FUNDS CARRIED FORWARD

48,729

301,645

350,374

10.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

COST

At 1 April 2024 and 31 March 2025

250,757

28,240

278,997

NET BOOK VALUE

At 31 March 2025

250,757

28,240

278,997

At 31 March 2024

250,757

28,240

278,997

Included in cost or valuation of land and buildings is freehold land of £185,000 (2024 - £185,000) which is not depreciated.

Land and buildings represents the value of land acquired as a result of the Community Land Buyout from Carloway Estates Limited during 2021 (£185,000) and the purchase of the Doune Broch Centre and Carpark in 2022 (£30,000). The cost in the balance sheet includes the legal fees incurred on the ultimate purchase.

No depreciation will be provided on the cost of the land and legal fees held in the balance sheet.

11.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

1,087

15,312

Prepayments & accrued income

-

6,198

1,087

21,510

12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Pension liability

142

740

Other creditors

4,500

Accruals and deferred income

1,000

Accrued expenses

1,574

1,394

7,216

7,634

13.	MOVEMENT IN FUNDS

Net

Transfers

movement

between

At

At 1.4.24

in funds

funds

31.3.25

£

Unrestricted funds

General fund

40,054

(13,247

)

(12,215

)

14,592

Angling UR

879

(106

)

-

773

Broch Unrestricted

7,797

7,581

-

15,378

48,730

(5,772

)

(12,215

)

30,743

Restricted funds

Restricted Capital Fund

198,300

-

198,300

Local Development Officer

2,755

-

2,755

Peatland ACTION (SNH)

4,639

(5,598

)

12,215

11,256

Broch

46,293

(280

)

-

46,013

Community Workshop

18,576

-

18,576

Small Grants

672

-

672

Wild Salmonid Support

9,251

3,366

-

12,617

E Bikes

15,016

-

15,016

CrownEstate - Development Manager

6,142

1,702

-

7,844

HIE - Local Development Officer

-

3,014

-

3,014

301,644

2,204

12,215

316,063

TOTAL FUNDS

350,374

(3,568

)

-

346,806

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

24,745

(37,992

)

(13,247

)

Angling UR

701

(807

)

(106

)

Broch Unrestricted

12,730

(5,149

)

7,581

38,176

(43,948

)

(5,772

)

Restricted funds

Peatland ACTION (SNH)

37,052

(42,650

)

(5,598

)

Broch

-

(280

)

(280

)

Wild Salmonid Support

6,306

(2,940

)

3,366

CrownEstate - Development Manager

21,001

(19,299

)

1,702

HIE - Local Development Officer

6,520

(3,506

)

3,014

70,879

(68,675

)

2,204

TOTAL FUNDS

109,055

(112,623

)

(3,568

)

Comparatives for movement in funds

Net

Transfers

movement

between

At

At 1.4.23

in funds

funds

31.3.24

£

Unrestricted funds

General fund

43,953

(3,866

)

(33

)

40,054

Angling UR

50

829

-

879

Broch Unrestricted

8

7,789

-

7,797

Community Workshop - Unrestricted

69

(102

)

33

-

44,080

4,650

-

48,730

Restricted funds

Restricted Capital Fund

198,300

-

198,300

SLF / HIE Peatlands Seminar

336

(336

)

-

Local Development Officer

4,818

(2,063

)

-

2,755

Peatland ACTION (SNH)

122

4,517

-

4,639

Broch

41,305

4,988

-

46,293

Community Workshop

21,276

(2,700

)

-

18,576

Small Grants

-

672

-

672

Wild Salmonid Support

9,251

-

9,251

E Bikes

15,016

-

15,016

CrownEstate - Development Manager

-

6,142

-

6,142

290,424

11,220

-

301,644

TOTAL FUNDS

334,504

15,870

-

350,374

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

32,215

(36,081

)

(3,866

)

Angling UR

1,289

(460

)

829

Broch Unrestricted

11,830

(4,041

)

7,789

Community Workshop - Unrestricted

-

(102

)

(102

)

45,334

(40,684

)

4,650

Restricted funds

SLF / HIE Peatlands Seminar

(336

)

-

(336

)

Local Development Officer

28,760

(30,823

)

(2,063

)

Peatland ACTION (SNH)

45,114

(40,597

)

4,517

Broch

7,906

(2,918

)

4,988

Community Workshop

-

(2,700

)

(2,700

)

Small Grants

672

-

672

CrownEstate - Development Manager

21,001

(14,859

)

6,142

West Coast Wind Energy

21,226

(21,226

)

-

124,343

(113,123

)

11,220

TOTAL FUNDS

169,677

(153,807

)

15,870

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

Net

Transfers

movement

between

At

At 1.4.23

in funds

funds

31.3.25

£

Unrestricted funds

General fund

43,953

(17,113

)

(12,248

)

14,592

Angling UR

50

723

-

773

Broch Unrestricted

8

15,370

-

15,378

Community Workshop - Unrestricted

69

(102

)

33

-

44,080

(1,122

)

(12,215

)

30,743

Restricted funds

Restricted Capital Fund

198,300

-

198,300

SLF / HIE Peatlands Seminar

336

(336

)

-

Local Development Officer

4,818

(2,063

)

-

2,755

Peatland ACTION (SNH)

122

(1,081

)

12,215

11,256

Broch

41,305

4,708

-

46,013

Community Workshop

21,276

(2,700

)

-

18,576

Small Grants

-

672

-

672

Wild Salmonid Support

9,251

3,366

-

12,617

E Bikes

15,016

-

15,016

CrownEstate - Development Manager

-

7,844

-

7,844

HIE - Local Development Officer

-

3,014

-

3,014

290,424

13,424

12,215

316,063

TOTAL FUNDS

334,504

12,302

-

346,806

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

56,960

(74,073

)

(17,113

)

Angling UR

1,990

(1,267

)

723

Broch Unrestricted

24,560

(9,190

)

15,370

Community Workshop - Unrestricted

-

(102

)

(102

)

83,510

(84,632

)

(1,122

)

Restricted funds

SLF / HIE Peatlands Seminar

(336

)

-

(336

)

Local Development Officer

28,760

(30,823

)

(2,063

)

Peatland ACTION (SNH)

82,166

(83,247

)

(1,081

)

Broch

7,906

(3,198

)

4,708

Community Workshop

-

(2,700

)

(2,700

)

Small Grants

672

-

672

Wild Salmonid Support

6,306

(2,940

)

3,366

CrownEstate - Development Manager

42,002

(34,158

)

7,844

West Coast Wind Energy

21,226

(21,226

)

-

HIE - Local Development Officer

6,520

(3,506

)

3,014

195,222

(181,798

)

13,424

TOTAL FUNDS

278,732

(266,430

)

12,302

14.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.