Kincraig Community Hall Association

	Page
Trustees' Report	1—3
Independent Examiner's Report	4
Statement of Financial Activities (including Income and Expenditure Account)	5
Balance Sheet	6
Notes to the Financial Statements	7—11

The trustees present their report and the financial statements for the year ended 31 March 2026.

Objectives and Activities

Aims and Objectives

The principal objects of the Association are:

To promote the welfare of Community residents and to provide a meeting place with facilities for physical and mental stimulation including recreation, social, moral and intellectual development.
To secure the establishment of the hall as a Community Centre and to co-operate with the local statutory authority in the maintenance and management of the Centre for the furtherance of the above objectives.

Significant Activities

The main activity of the Association is the general day to day management and maintenance of the hall.

Additional Note

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 2026. 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).

Achievements and Performance

Main Achievements

Charitable activities

The Community Village Hall has had a successful year, supported by the considerable commitment and hard work of the committee, volunteers and wider community. Their efforts have ensured that the hall continues to operate effectively and remains an important local resource.

The hall has continued to benefit from strong visitor and community use, with regular bookings and events contributing positively to its overall financial position. This sustained level of activity reflects the value of the hall to the community and provides a sound basis for the future.

However, the administration and management of the facility remain a significant challenge. As the hall serves a small community, the number of people available to take on these responsibilities is limited, while the demands of governance, finance, compliance and maintenance continue to increase. This will require ongoing attention if the hall is to remain sustainable in the longer term.

Financial Review

Reserves Policy

The trustees consider that the level of reserves held is sufficient to allow the Association to continue to operate for the foreseeable future.

Structure, Governance and Management

Governing Document

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

The limited company was incorporated on 11 December 2012 as a result of a change to an Incorporated Charity limited by guarantee application by Kincraig Village Hall Community Association SC008510 which was an Unincorporated Association registered as a charity since 8 June 1988. The association was founded by Constitution and is run by a Committee which meets on a regular basis. The members of the committee, who are Trustees for the purpose of Charity Law, are listed on page 1. All funds transferred from the Unincorporated Association have been included as donations received.

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Kincraig Community Hall Association

Trustees' Report (continued)

For The Year Ended 31 March 2026

Trustee Selection Methods

Trustees are elected annually at the AGM for a period of one year but are eligible to be re-appointed.

Reference and Administrative Details

Trustees

C Duncan (resigned 21/05/2026)

R Bryan

U Ramsay

C Ramsay

K Ringland

D Meldrum (resigned 21/05/2026)

R Steven (resigned 21/05/2026)

M Lynch

D Macdonald (appointed 29/07/2025) (resigned 21/05/2026)

K Brailsford (resigned 12/05/2026)

S Owens (resigned 21/05/2026)

Charity Number

SC008510

Company Number

SC438596

Principal Address

Suidhe Crescent

Kincraig

Kingussie

PH21 1NB

Independent Examiner

Lorna Drummond FCCA

Goldwells Kingussie

15-17 High Street
Kingussie
PH21 1HS

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Kincraig Community Hall Association

Trustees' Report (continued)

For The Year Ended 31 March 2026

The trustees' report was approved by the board of trustees and signed on its behalf by:

K Ringland

Trustee

13/07/2026

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Kincraig Community Hall Association

Independent Examiner's Report to the Trustees of Kincraig Community Hall Association

For The Year Ended 31 March 2026

Independent Examiner's Report to the Trustees of Kincraig Community Hall Association

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026.

Responsibilities and Basis of Report

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.

Lorna Drummond FCCA

13/07/2026

15-17 High Street
Kingussie
PH21 1HS

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Kincraig Community Hall Association

Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 March 2026

Statement of Financial Activities (including Income and Expenditure Account)

		2026	2025
		Unrestricted funds	Unrestricted funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	1,736	3,071
Charitable activities:
		20,201	20,603

		21,937	23,674

EXPENDITURE ON:
Charitable activities:
		(13,542 )	(19,735 )

NET INCOME		8,395	3,939


NET MOVEMENT IN FUNDS		8,395	3,939
RECONCILIATION OF FUNDS:
Total funds brought forward		420,850	416,911

TOTAL FUNDS CARRIED FORWARD	11	429,245	420,850

The notes on pages 7 to 10 form part of these financial statements.

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Kincraig Community Hall Association

Balance Sheet

As At 31 March 2026

Balance Sheet

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	6	400,216	47,622	447,838	454,120

		400,216	47,622	447,838	454,120
CURRENT ASSETS
Debtors	7	1,325	-	1,325	1,840
Cash at bank and in hand		29,704	-	29,704	20,234

		31,029	-	31,029	22,074
Creditors: Amounts Falling Due Within One Year	8	(2,000 )	-	(2,000 )	(1,770 )

NET CURRENT ASSETS (LIABILITIES)		29,029	-	29,029	20,304

TOTAL ASSETS LESS CURRENT LIABILITIES		429,245	47,622	476,867	474,424

Creditors: Amounts Falling Due After More Than One Year	9	-	(47,622 )	(47,622 )	(53,574 )

NET ASSETS		429,245	-	429,245	420,850

FUNDS OF THE CHARITY
Unrestricted Funds				429,245	420,850

TOTAL FUNDS	11			429,245	420,850

For the year ending 31 March 2026 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

K Ringland

Trustee

13/07/2026

The notes on pages 7 to 10 form part of these financial statements.

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Kincraig Community Hall Association

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Kincraig Community Hall Association is a company limited by guarantee, incorporated in Scotland, registered number SC438596 and registered charity number SC008510 . The registered office is .

2. Accounting Policies

2.1. Basis of Preparation of 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.

2.2. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.

Restricted funds are to be used for specific purposes as laid down by the donor.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.3. Incoming Resources

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.

2.4. Resources Expended

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.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	no depreciation
Improvements to property	no depreciation
Solar energy equipment	10% on cost
Fixtures & Fittings	15% on reducing balance

2.6. Taxation

The charity is exempt from tax as all its income is charitable and applied for charitable purposes.

3. Income from Donations and Legacies

	2026	2025
	Unrestricted	Unrestricted
	funds	funds
	£	£
Donations and gifts	685	1,631
Other	1,051	1,440

	1,736	3,071

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Kincraig Community Hall Association

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Net Income/(Expenditure)

The net income is stated after charging/(crediting):

	2026	2025
	£	£
Depreciation of tangible fixed assets - owned	330	475

5. Average Number of Employees

Average number of employees during the year was: NIL (2025: NIL)

6. Tangible Assets

	Land & Property
	Freehold	Improvements to property	Solar energy equipment	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2025	350,000	48,323	59,588	12,054

As at 31 March 2026	350,000	48,323	59,588	12,054

Depreciation
As at 1 April 2025	-	-	5,958	9,887
Provided during the period	-	-	5,958	324

As at 31 March 2026	-	-	11,916	10,211

Net Book Value
As at 31 March 2026	350,000	48,323	47,672	1,843

As at 1 April 2025	350,000	48,323	53,630	2,167


	Computer equipment	Total
	£	£
Cost
As at 1 April 2025	857	470,822

As at 31 March 2026	857	470,822

Depreciation
As at 1 April 2025	857	16,702
Provided during the period	-	6,282

As at 31 March 2026	857	22,984

Net Book Value
As at 31 March 2026	-	447,838

As at 1 April 2025	-	454,120

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Kincraig Community Hall Association

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	1,325	1,840

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	150	-
Accruals and deferred income	1,850	1,770

	2,000	1,770

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Other creditors	47,622	53,574

10. Capital Grants

11. Movement in Funds

	As at 1 April 2025	Income	Expenditure	As at 31 March 2026
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	418,248	20,886	(12,386 )	426,748
Designated:
Winter Lights	2,602	1,051	(1,156 )	2,497


Total unrestricted funds	420,850	21,937	(13,542 )	429,245




Total funds	420,850	21,937	(13,542 )	429,245

	As at 1 April 2024	Income	Expenditure	As at 31 March 2025
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	414,764	22,234	(18,750 )	418,248

...CONTINUED

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Kincraig Community Hall Association

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Designated:
Winter Lights	2,147	1,440	(985 )	2,602


Total unrestricted funds	416,911	23,674	(19,735 )	420,850




Total funds	416,911	23,674	(19,735 )	420,850

12. Transactions with Trustees

There were no trustees' expenses paid for the year ended 31 March 2026 nor for the year ended 31st March 2025.

	2026	2025
	£	£

13. Related Party Disclosures

There were no related party transactions for the year ended 31 March 2026.

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Kincraig Community Hall Association

Detailed Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 March 2026

Detailed Statement of Financial Activities (including Income and Expenditure Account)

	2026	2025
	Total funds	Total funds
	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies

Donations and gifts	685	1,631
Winter Lights donations	1,051	1,440

	1,736	3,071

Charitable Activities:

Hall lets	15,940	15,440
Fun Day	2,839	2,425
Table top sales	-	332
Ceilidh	522	570
Coffee mornings	900	1,018
Murder Mystery	-	818

	20,201	20,603

	21,937	23,674
EXPENDITURE ON:
Raising funds
Hall maintenance	1	-
Sundry expenses	(1)	-

Charitable Activities:

Hall maintenance	(2,947)	(3,322)
Fun Day expenses	(474)	(232)
Winter Lights expenses	(1,157)	(985)
Murder Mystery expenses	-	(37)
Ceilidh expenses	-	(392)
Depreciation of solar equipment	(6)	(6)
Depreciation of fixtures and fittings	(324)	(469)
Light and heat	(786)	(7,282)
Cleaning	(2,445)	(2,031)
Insurance	(1,627)	(1,486)
Telecommunications and data costs	(293)	(232)
Accountancy fees	(1,374)	(930)
Professional fees	-	(1,042)
Bank charges	(8)	-
Other office costs	(1,227)	-
Sundry expenses	(874)	(1,289)

	(13,542)	(19,735)

	(13,542)	(19,735)

NET INCOME	8,395	3,939

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