SHIELING COLLECTIVE CIC

Company limited by guarantee

Company Registration Number:
SC455760 (Scotland)

Unaudited statutory accounts for the year ended 31 October 2025

Period of accounts

Start date: 1 November 2024

End date: 31 October 2025

SHIELING COLLECTIVE CIC

Contents of the Financial Statements

for the Period Ended 31 October 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SHIELING COLLECTIVE CIC

Balance sheet

As at 31 October 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 156,878 201,064
Total fixed assets: 156,878 201,064
Current assets
Debtors: 4 2,320 2,320
Cash at bank and in hand: 2,070 4,670
Total current assets: 4,390 6,990
Creditors: amounts falling due within one year: 5 ( 256,796 ) ( 256,317 )
Net current assets (liabilities): (252,406) (249,327)
Total assets less current liabilities: (95,528) ( 48,263)
Total net assets (liabilities): (95,528) (48,263)
Members' funds
Profit and loss account: (95,528) ( 48,263)
Total members' funds: ( 95,528) (48,263)

The notes form part of these financial statements

SHIELING COLLECTIVE CIC

Balance sheet statements

For the year ending 31 October 2025 the company was entitled to exemption 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 directors 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 31 July 2026
and signed on behalf of the board by:

Name: Aoife Noelle Howe
Status: Director

The notes form part of these financial statements

SHIELING COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Freehold Property: 10% on the cost Plant & Machinery: 25% Reducing method Fixtures & Fittings: 25% Reducing method

SHIELING COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 3

SHIELING COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2024 372,143 69,357 47,786 489,286
Additions
Disposals
Revaluations
Transfers
At 31 October 2025 372,143 69,357 47,786 489,286
Depreciation
At 1 November 2024 198,966 57,749 31,507 288,222
Charge for year 37,214 2,902 4,070 44,186
On disposals
Other adjustments
At 31 October 2025 236,180 60,651 35,577 332,408
Net book value
At 31 October 2025 135,963 8,706 12,209 156,878
At 31 October 2024 173,177 11,608 16,279 201,064

SHIELING COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

4. Debtors

2025 2024
£ £
Other debtors 2,320 2,320
Total 2,320 2,320

SHIELING COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 500 500
Trade creditors 440 440
Taxation and social security 3,479 3,479
Accruals and deferred income 479 0
Other creditors 251,898 251,898
Total 256,796 256,317

COMMUNITY INTEREST ANNUAL REPORT

SHIELING COLLECTIVE CIC

Company Number: SC455760 (Scotland)

Year Ending: 31 October 2025

Company activities and impact

During the financial year ended 31 October 2025, The Shieling Collective CIC continued to establish the foundations of a community-led initiative centred on the cultural, historical and environmental heritage of the Scottish Highlands. The company’s activities during the year included organisational development, strategic planning, and practical work to renovate. Towards the latter part of the year, the company adopted a more volunteer-led approach, encouraging greater participation from the local community in both practical activities and the development of future plans. A key area of focus was the preservation, sharing and revival of traditional heritage skills associated with shielings, crofting and Highland land use. The company sought to promote an understanding of these practices and their connection to Gaelic culture, traditional seasonal movement, land stewardship and community cooperation. Although formal community programmes were still at an early stage during the year, the activities undertaken created opportunities for volunteering, practical skills development, knowledge-sharing and informal learning. Overall, the work undertaken during the year helped strengthen community engagement with local heritage, support the preservation of traditional knowledge and land-based practices, and establish a foundation for delivering wider community benefit in accordance with the company’s community interest objectives.

Consultation with stakeholders

The company’s stakeholders include volunteers, local residents, individuals with an interest in heritage skills and traditional land use, advisors, and people connected with shielings, crofting and Highland cultural heritage.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
31 July 2026

And signed on behalf of the board by:
Name: Aoife Noelle Howe
Status: Director