REGISTERED COMPANY NUMBER: SC392132 (Scotland)

REGISTERED CHARITY NUMBER: SCO42495

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 JANUARY 2026

FOR

NEWTONMORE VILLAGE HALL

Page

Report of the Trustees

1

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6

to

7

Notes to the Financial Statements

8

to

12

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 29 January 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The principle objectives of the company are:

1. To promote the provision of recreational facilities and a meeting place for Community residents .

2. To provide maintenance and management of the Hall for the furtherance of the above objectives.

3. To create a thriving, welcoming, and sustainable Village Hall that serves as the heart of our community - a place for connection, creativity, and collaboration for generations to come.

Our Aims

1. Regeneration - To restore, renew, and revitalise the Village Hall as a vibrant, inclusive space that meets the evolving needs of our community.

2. Innovation - To embrace fresh ideas and creative approaches in how we manage, use, and develop the Hall, ensuring it remains relevant and accessible to everyone.

3. Resilience - To build a strong and adaptable organisation that can meet challenges with positivity, transparency, and teamwork.

4. Sustainability - To operate in an environmentally and financially responsible way, ensuring the long-term future of the Hall for our village.

5. Community and Future Generations - To work with and for our community, creating opportunities that bring people together and leave a lasting legacy for generations to come.

Significant activities

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

Starting in October 2025 the Trustees worked tirelessly to reopen the Village Hall following its temporary closure. Since then, significant effort has been dedicated to securing grant funding, organising community events, and undertaking fundraising activities to meet the substantial costs of operating the heating system throughout the winter months.

These achievements would not have been possible without the exceptional support received from local businesses, community groups and residents. Through generous donations of both time and money, members of the community have played a vital role in ensuring that the hall has remained open and continued to serve its purpose as an important community asset. The Trustees are extremely grateful for this support and recognise that the progress made during the last few months has been a truly collective effort.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

During the period, Newtonmore Village Hall generated £24,133 of income, and this funded £15,758 of expenditure on its charitable activities.

The charity recorded overall a net surplus of £8,375 for the financial period. In the year a total of £8,656 of restricted funding was received with £7,956 dedicated towards the LED Lighting Upgrade which is scheduled to be undertaken in February 2026 and therefore not available for general operating purposes.

In addition, £700 was received through two anonymous donations. The Trustees have designated these funds for the purchase of thermal insulated blinds for the Lesser Hall.

Excluding the restricted funds received, the underlying deficit generated from the charity's general activities during the period was £281.

At the year end, the charity had one significant creditor of £3,332, primarily relating to an electricity invoice due for payment in February 2026. These liabilities have been fully reflected in the financial statements.

The financial results for the year should be considered in the context of the Village Hall being closed for approximately eight months of the financial period. This significantly reduced the opportunity to generate income from hall hires and community activities. Despite this challenge, the charity maintained a positive unrestricted financial position and the Trustees remain focused on rebuilding income streams and strengthening the organisation's financial resilience.

Fundraising activities

100 Club

Over the year, the 100 Club has grown into a strong and successful source of funding for the Charity. As of 29 January 2026, membership stood at 120, generating £300 per month in income for the Village Hall.

FINANCIAL REVIEW

Reserves policy

The trustees consider that the level of reserves is sufficient to enable the company to operate for the foreseeable future.

FUTURE PLANS

Future Developments

The Trustees intend to build on the success of the events we have held in the last few months. By delivering a varied programme of events over the coming year, that caters to a wide range of interests and demographics within the community, we aim to increase participation while generating additional income to support the hall's ongoing operation and development.

We will also continue to strengthen relationships with existing hall users and seek opportunities to attract new regular hirers, ensuring the hall remains well utilised throughout the year.

The planned launch of a dedicated website, alongside the continued use of social media platforms, will help to increase awareness of the hall, its facilities and events, both within the local community and further afield. Recognising that not everyone is able to access digital communications, the Trustees will also explore alternative ways of sharing information and engaging with members of the community.

The Trustees remain committed to securing the long-term future and sustainability of the hall through the successful delivery of the regeneration project. During the coming year, we will continue to raise funds and seek grant funding to enable the completion of Phase One of the regeneration project, with the aim of commencing Phase Two prior to the end of January 2027.

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 25 January 2011 as a result of a change to an Incorporated Charity limited by guarantee application by the management committee of Newtonmore Village Hall. The company 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 2.

Recruitment and appointment of new trustees

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

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

SC392132 (Scotland)

Registered Charity number

SCO42495

Registered office

Main Street

Newtonmore

Invernsss-shire

PH20 1DD

Trustees

Mrs B E M Cross (resigned 26/6/25)

Mr D A Johnson (resigned 26/6/25)

Mrs M A Nicholson (resigned 26/6/25)

Mrs D Campbell (resigned 26/6/25)

Mr W G Fraser Retired (appointed 24/2/25) (resigned 8/10/25)

Mr I S Jones (appointed 24/2/25) (resigned 8/10/25)

Mr C E Girdler (appointed 10/3/25) (resigned 8/10/25)

Mr G M Irvine (appointed 10/3/25) (resigned 26/6/25)

Mr C N Mackay (appointed 10/3/25) (resigned 8/10/25)

Mrs C L Menzies (appointed 10/3/25)

Ms J M Stewart (appointed 10/3/25) (resigned 26/6/25)

Mrs G Carruthers (appointed 4/11/25)

Mr G Chisholm (appointed 26/6/25)

Mr J Ross (appointed 26/6/25)

Mrs L M Dodd (appointed 26/6/25) (resigned 8/10/25)

Mr A D Jeffrey (appointed 26/6/25) (resigned 3/9/25)

Ms V Montgomery (appointed 26/6/25) (resigned 27/2/26)

Company Secretary

Independent Examiner

Lorna Drummond FCCA

Goldwells

15-17 High Street

Kingussie

Inverness-Shire

PH21 1HS

Approved by order of the board of trustees on 20 October 2026 and signed on its behalf by:

Mrs G Carruthers - Trustee

I report on the accounts for the year ended 29 January 2026 set out on pages five to twelve.

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

The Association of Chartered Certified Accountants

Goldwells

15-17 High Street

Kingussie

Inverness-Shire

PH21 1HS

20 October 2026

2026

2025

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

5,840

8,656

14,496

4,401

Other trading activities

2

4,441

-

4,441

9,492

Investment income

3

5,196

-

5,196

5,198

Total

15,477

8,656

24,133

19,091

EXPENDITURE ON

Charitable activities

Hall running costs

15,069

-

15,069

10,547

Support costs

689

-

689

3,888

Total

15,758

-

15,758

14,435

NET INCOME/(EXPENDITURE)

(281

)

8,656

8,375

4,656

RECONCILIATION OF FUNDS

Total funds brought forward

202,709

7,638

210,347

205,691

TOTAL FUNDS CARRIED FORWARD

202,428

16,294

218,722

210,347

2026

2025

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

7

198,365

7,638

206,003

197,638

CURRENT ASSETS

Debtors

8

400

500

900

10,865

Cash at bank

8,058

8,156

16,214

7,953

8,458

8,656

17,114

18,818

CREDITORS

Amounts falling due within one year

9

(4,395

)

-

(4,395

)

(6,109

)

NET CURRENT ASSETS

4,063

8,656

12,719

12,709

TOTAL ASSETS LESS CURRENT LIABILITIES

202,428

16,294

218,722

210,347

NET ASSETS

202,428

16,294

218,722

210,347

FUNDS

10

Unrestricted funds

202,428

202,709

Restricted funds

16,294

7,638

TOTAL FUNDS

218,722

210,347

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 January 2026 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 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 20 October 2026 and were signed on its behalf by:

Mrs C L Menzies - Trustee

Mrs G Carruthers - 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.

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.

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.

Tangible fixed assets

It is the opinion of the Trustees that depreciation should not be applied to the Hall as it will continue to be maintained to a very high standard and will suffer no diminution in value.

2.	OTHER TRADING ACTIVITIES

2026

2025

£

£

Hire of hall

3,171

9,300

Autotellar fee

195

192

Miscellaneous income

1,075

-

4,441

9,492

3.	INVESTMENT INCOME

2026

2025

£

£

Rents received

5,196

5,198

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 29 January 2026 nor for the year ended 29 January 2025.

Trustees' expenses

There were no trustees' expenses paid for the year ended 29 January 2026 nor for the year ended 29 January 2025.

5.	STAFF COSTS

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

2026

2025

Staff

-

2

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

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

4,401

-

4,401

Other trading activities

9,492

-

9,492

Investment income

5,198

-

5,198

Total

19,091

-

19,091

EXPENDITURE ON

Charitable activities

Hall running costs

10,547

-

10,547

Support costs

3,888

-

3,888

Total

14,435

-

14,435

NET INCOME

4,656

-

4,656

RECONCILIATION OF FUNDS

Total funds brought forward

198,053

7,638

205,691

TOTAL FUNDS CARRIED FORWARD

202,709

7,638

210,347

7.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

property

property

Totals

£

£

£

COST

At 30 January 2025

197,638

-

197,638

Additions

-

8,365

8,365

At 29 January 2026

197,638

8,365

206,003

NET BOOK VALUE

At 29 January 2026

197,638

8,365

206,003

At 29 January 2025

197,638

-

197,638

8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

500

10,865

Other debtors

400

-

900

10,865

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

3,723

4,711

Accrued expenses

672

1,398

4,395

6,109

10.	MOVEMENT IN FUNDS

Net

At

movement

At

30.1.25

in funds

29.1.26

£

£

£

Unrestricted funds

General fund

202,709

(281

)

202,428

Restricted funds

Building

7,638

-

7,638

Restricted income

-

8,656

8,656

7,638

8,656

16,294

TOTAL FUNDS

210,347

8,375

218,722

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

15,477

(15,758

)

(281

)

Restricted funds

Restricted income

8,656

-

8,656

TOTAL FUNDS

24,133

(15,758

)

8,375

Comparatives for movement in funds

Net

At

movement

At

30.1.24

in funds

29.1.25

£

£

£

Unrestricted funds

General fund

198,053

4,656

202,709

Restricted funds

Building

7,638

-

7,638

TOTAL FUNDS

205,691

4,656

210,347

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

19,091

(14,435

)

4,656

TOTAL FUNDS

19,091

(14,435

)

4,656

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

Net

At

movement

At

30.1.24

in funds

29.1.26

£

£

£

Unrestricted funds

General fund

198,053

4,375

202,428

Restricted funds

Building

7,638

-

7,638

Restricted income

-

8,656

8,656

7,638

8,656

16,294

TOTAL FUNDS

205,691

13,031

218,722

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

34,568

(30,193

)

4,375

Restricted funds

Restricted income

8,656

-

8,656

TOTAL FUNDS

43,224

(30,193

)

13,031

11.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 29 January 2026.