01 Identity
Scottish charity record
- OSCR charity number
- SC045361
- Status
- Active
- Regulatory type
- Standard
- Designated religious body
- No
- Geographical spread
- Wider, but within one local authority area
- Volunteers
- 1-50 volunteers
- Staff
- 0
- Postcode
- PA65 6AY
02 Purpose and work
What the charity exists to do
The Waterfall Fund was established as an independent charity by Mull & Iona Community Trust (MICT) in 2015 specifically to receive the net profits from the Garmony Hydro Scheme and to distribute them as grants to community projects on the islands of Mull, Iona and the surrounding small islands, in a fair, open and transparent manner.
Charitable purposes
- the prevention or relief of poverty
- the advancement of education
- the advancement of religion
- the advancement of health
- the advancement of citizenship or community development
- the advancement of the arts, heritage, culture or science
- the advancement of public participation in sport
- the provision of recreational facilities, or the organisation of recreational activities, with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended
- the advancement of environmental protection or improvement
- the relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage
Beneficiaries
- No specific group, or for the benefit of the community
Activities
- It makes grants, donations, loans, gifts or pensions to individuals
- It makes grants, donations or gifts to organisations
Constitutional objectives
4.1 The prevention or relief of poverty 4.2 The advancement of education 4.3 The advancement of religion 4.4 The advancement of health 4.5 The advancement of citizenship or community development 4.6 The advancement of the arts, heritage, culture or science 4.7 The advancement of public participation in sport 4.8 The provision of recreational facilities, or the organisation of recreational activities with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended 4.9 The advancement of environmental protection or improvement 4.10 The relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage
03 Annual returns
Income and expenditure history
| Year end | Income | Expenditure | Staff | Return received |
|---|---|---|---|---|
| 31 January 2025 | £214,830 | £138,710 | 0 | 27 October 2025 |
| 31 January 2024 | £113,924 | £112,073 | 0 | 31 October 2024 |
| 31 January 2023 | £113,422 | £90,136 | 0 | 30 October 2023 |
| 31 January 2022 | £52,722 | £61,485 | 0 | 22 September 2022 |
| 31 January 2021 | £113,422 | £90,136 | 0 | 29 October 2021 |
Figures are those reported by the charity and supplied in the OSCR bulk download. Blank facts remain distinct from zero.
04 Contact record
Principal office or trustees address
- Address supplied to OSCR
- An Roth Community Enterprise Centre, Craignure, Isle of Mull
- Website supplied to OSCR
- www.thewaterfallfund.co.uk
- Parent charity
- Not supplied
No direct external links on this profile. The official OSCR record and source documentation are available through BritDB’s dedicated source page.
05 Provenance
Source for this profile
© Crown Copyright and database right 2026. Contains information from the Scottish Charity Register supplied by the Office of the Scottish Charity Regulator and licensed under the Open Government Licence v.3.0. BritDB is an independent service and does not claim to be the Scottish Charity Register.