for the Period Ended 31 March 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2025
Principal activities of the company
Additional information
Raasay Community Association is dedicated to maintaining and improving the community hall and the services it provides for our residents. Over the past year, we have continued to work hard to address several major issues with structure of the building to ensure the hall is able to remain a space for the community. The hall put on a variety of events for the community over the year and supported other local groups to hold ceilidhs, fund raising nights and other community events. Local groups continue to host the much-appreciated community lunches and cinema club and we continue to connect with Alzheimer Scotland for regular events. The gym remains a popular community asset, with regular use taking in £1235 over the course of the year. Rosemarie McNee stepped down from her role as a director in December 2025 after many years of hard work and managing the finances. Stephanie Fergie facilities officer - worked for the hall up to the end of March 2025. Gary Law was employed as a cleaner from September 2024. We thank them all for their hard work and effort. Building issues Solar panels were installed in Feb 2025 by Green Home Systems alongside Torr and Donnie Macleod. This was possible with thanks to the funding from Carbon Neutral Islands (CNI) of £2912, from Local Energy Scotland (LES) of £29693 and from SSE of £7423.20. This has led to a major step towards sustainability, reducing our energy costs and carbon footprint and leading to us being the first fully carbon neutral building on the island. Thanks to the funding gratefully received from Highlands & Islands Enterprise (HIE) and Raasay Community Council (RCC), steps were taken to complete the repairs of the upstairs decking - allowing safe access upstairs - with further works to be completed at the downstairs access. The kitchen continued to need renovation and potential funding routes have been identified with works ongoing. The car park and access road continue to erode due to weather however they have been levelled on two occasions by helpful members of the community. Works will need to be done to clear culverts to reduce water damage. At the playpark, regular safety checks are completed by volunteers and minor repairs and ongoing maintenance have been conducted during the year. However the equipment is nearing the end of its lifespan and will likely need replaced in the coming years.
Directors
The directors shown below have held office during the whole of the period from
1 April 2024
to
31 March 2025
The director shown below has held office during the period of
1 April 2024
to
2 December 2024
Secretary
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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| Turnover: |
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| Profit(or loss) before tax: |
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| Profit(or loss) for the financial year: |
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As at
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Debtors: | 4 |
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| Creditors: amounts falling due within one year: | 5 |
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| Total net assets (liabilities): |
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| Profit and loss account: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2025
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 March 2025
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for the Period Ended 31 March 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 April 2024 |
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| At 31 March 2025 |
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| At 31 March 2025 |
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| At 31 March 2024 |
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for the Period Ended 31 March 2025
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| £ | £ | |
| Trade debtors |
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| Other debtors |
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| Total |
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for the Period Ended 31 March 2025
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| £ | £ | |
| Trade creditors |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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