STRONSAY DEVELOPMENT TRUST

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -18.2%

  £1,452,349 → £1,188,343

• Cash

  +52.8%

  £1,016,572 → £1,553,231

  highest in 4 filed years

• Net assets

  +27.4%

  £2,359,271 → £3,004,765

  highest in 4 filed years

• Employees

  -15.4%

  13 → 11

• Profit before tax

  -32.6%

  £966,804 → £651,872

• Wages

  +15.1%

  £78,048 → £89,861

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

A J B Scholes Ltd

Audit opinion

Qualified

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. STRONSAY DEVELOPMENT TRUST · parent
   1. Stronsay Renewable Energy Scotland Ltd 100% · Scotland · Renewable Energy

Significant events

• “Work continued on the renovation of the Stronsay Hotel, a cornerstone in our ambition to regenerate a key community asset. Significant progress was also made at Beechwood, bringing the house closer to completion and preparing it for community letting under our new Community Lets policy.”
• “This project delivered the first initiative of its kind on Stronsay in April 2025, offering quality housing for local needs.”
• “Undertook a full review of our governance and financial management systems, supported by Highlands and Islands Enterprise.”
• “Carried out a comprehensive workforce review. This enabled us to successfully apply for funding and, shortly after the year-end, we were pleased to initiate two new trainee posts to support our operations and begin planning more deliberately for future succession.”
• “The Board also strengthened its own role this year by moving to a schedule of regular monthly meetings, ensuring improved oversight of operations and more responsive, strategic leadership.”
• “Secured external grants to support work in community wellbeing, youth activities, and to progress heritage priorities. This support enabled us to complete valued local projects, including supporting the heritage group in their refurbishment of the tidal toilets, works to the lifeboat, and the creation of the Whitehall Heritage Trail”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

18

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

5

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.