Pott GlaJgo* Voluntazy TraDS-Port 0uP For the YaaE Ended 31 Dlatch 2026 Scottish Charlty Ho. SC007529 Scottsuh Cowy 140. SC292960
Charity IAfozThation BOARD OV TRUSTAKS A Docherty J Lennon A Docherty J Lennon M NortL8 M SLrnpBon S8trETAR¥ Dunn INDEPENDAT tXAMiNEB Craig Lindsay Welsh Na_ket Lirn- ted 179A Dalrymple Street Greenock PA15 IBX Lloyds YSB EAISLSY Business & CoThNercial 15 Brown Street Glasgow G2 8P£ BE@ISmED OFFIC Suite 12 Business & Training Centre Unit3 46-47 rthirsknel Road Indllstrial Estate Glasgow Inverciyde PA14 5XS SC007529 SC292960
Pag• tustees Report IncorfE and ExpeTLditUEe Account statetnent of Flnancial Actlvities Current Year Balance Sheet Statemént of Cashf low Notes to the Financial Statements rndepenclent Examiners Ileport io
PORT CLA$GC41 VOLUMTARY mNS.PORT GAOOP page I TkUSTETS REPORT For the year ended 31 24arch 2026 The trustees Iwho are also ttLe directors of the charlty for the purposes of the Companies Act 20061 , present their report with the financial 5taternent5 of tne charity ftsr the yÈar ÈAded 31 V_aTch 2026. ThÈ legal and aOtyin3strative infonnation on page one forms part of thls E8POrt. The financial staL8rnent8 comply wilh the Charities and Trustèe Investment Isetstlahdi ct 2005, the -haritles kecounts (Scotlandl Regulations 2006 las amended). the Companies Act 2J06, th& Memorandurts and Attitles of Association. and Accounting and Reporting by Charities: Statement of ReetrnukendÈd Practice applicèbie to eharlties preparing their accounts Lll accordance with the Financial Reporting Standard applicable in the UK and Ireland IYRS 1021 The Trans-port Group is controlled by its governing document ImemoranduLfL and articles of as$ociatic)nl and constitutes a cow>anyi lunitecl by guarantee unde- the Co]Trpanie8 Act 2006. he Board of Trustees eet regularly to discu$8 and decide an any operational requireTr¢ents. The Trans-poEt Group altus to provide relief to people who are in need dtEe to age, mental ot physical disability. To acijieve this ailu, the group operates a co]rtrnunity transport servl¢e wlth a fleet of T4elL-]tLaitLtainÈd and tegularly llpdated rnini buses. Further to this principle aiTR. the group also proThote and support other cojrllnunity and charitablÈ ventutes in the wider area. The Trans-port Group continues to corwly with the policy of having appEoxiuately slx rnonths running cc8-s in cash reserve8. Several factors are eontrib-lting to the favourable Increasè in rÈceip-s in this year. The successful ego-iation of Tpileage rate8 has brought a welcome increase in hire income. ALong wlth -his, tne grants bÈing applied for and successfu_ly awarded has inereased. In spite of thè ag¢ing leet of buses, the significant saving5 in insurance and 0tr expenses are contributing to a surplus in the year. Cash balances demonstrate this favourable perf orman¢e. Th¢ Balance Sheet. illustrates the strenfheninq position of the group. Re£6Eencè al adnBtatIva detslls ompany nurnber: Charity nurnber". Registered off ice: SC292960 SCOJ7529 Sulte 12 Business Training Centre Muirshiel Road IndstrIal EstatÈ, Inverclyde FAL4 5XS Units 46-47. Port Glasgow, Our AdviBOtB IndÈpÈnden¢ 8xatrLlnet: Craig Lip_osayi Welsh 14alker Limited, 179a Dalrsnple Street. Greenock, PA15 IÈX Bank: L1 oyds TSB PAISLEY. Busine*s & Co]TanerciaL. 15 Brown Street. Glasgow G2 8PE Tru8teeF and Of fice¢8 The trustees and officers serving during the yeat and since the year end were as trllow&: tbeherty M NoriiÈ Ireyigned 8 Noveknr 20251 J l&nnon M Simpson (resigned 8 Noventber 20251
page 2 TRUSItsS FXPORT For th year ended 31 Jlateh 2026 rtu8t••s and O£fl¢aE$ (cont. dl Docheity J nennon M NorLi4 M SMp$on TrnBteeo' respon8bllitla8 relatiots to tTr £&Jwicl•l •tatwwtts The trustees (who are also the directors for tbe purpose of company lawl are re8ponsible for preparing the Tru3teeB Annual Report and the financial staternentB In accordan¢ with applicable law and United Kingdom Accounting Standards Iunited Kingdo]n geaoL'ally. Aecept.od-Aooouit4.Ng.--aOt-I.8e1-. CompaDy law requlres the trustees to prepare finaneial statements far &aeh financial year which qive a true and fair view of tTrLe state of af fairB of the charitable company and of tlye incoEue and expenditure of the charitablÈ company foi tILat period. In pteparlng these financial statements, the tru8tees are required to= Seleet suitable accounting policies and then apply them conslstently," Observe the metho¢ts and F=inclples In the charities SORP.. Make JudgeThents and estlmates that are reasonable and prudent," state whethei applicable UK Accounting Star.tiards bave been followed. subjece to any materia. departures di8cIDs2d and explained in the financial 8tatements,' Prépare the Accounts on the going concern basis unless It Is inappropriate to pr¢5um& that the Company will tontinue in business. The tru3tees are rÈsponsibLe for keepi09 proper accounting recot(ts that dL5cIo8e with reasonable accuracy at any time the financial position of the charitable eornpany and enable the5n to ensuie that the financial statement$ comply with the CcTP.panies Act 2006. They are aLsc responsible for safeguarding the assets of the charity and hence tor taking reasonab&e steps for the prevention and detection of fraud and other irregularities, he trustees arÈ responslble for the rnaintenance and integrity of the corporate ad rinancial informatlon inclllded on the char-table coJrFany 5 website. Legislation In the United Kingdom governing the prept4ratiors anol dissém. nation of fiAancial 8tatementB May differ from lg&$lation in other jurisdictions. ttd&p•xJd¢nt Ezamxner h¢ Independent Examiner, Craig Llndsay of Trlelsh Walker Lunited, Chartered Aeeountants t has indicated his wilLingness to continue office and tt re8olution Le- appointing and authorising the Trustee8 to fix his remuneration will be proposed at the Meetin9 of the Trustees. By c>rder of the board of trustees on the 5th June 2026 M Dunn Compay)y Sècretary
page 3 For the year ¢Tha 31 Mareh 2026 Inec Yoar andèd 31 March 2025 31 Trlarch 2D26 Gr&nts Rae•lvad: Scottis.1 Gc)v&rnment Paths 41 All Natlonal Lottery Robertson Trust Co-op Foundation Vol Orgs / SPT 12,754 9,299 12,500 20. 000 10,000 1,347 27.7LO 63, 944 othet Ine¢Jm• Mtnl Bu8 """ FafÈÉ""ttrca¥r Donation$ MulrshlèL Income Sale of Bu5 Bank Interest Received loo 5,173 8,406 532 611 78.596 454 70,888 Total IneOJll• tor y•a 129,060 134,832 Exp&nd£tur• srnployee Costs Telephone Postage & stationety oUDdries Vehicle Cleanlng Costs Vehicle & CoTttbined Insurance Substtriptitsn$ Volunteer ExpÈnsÈs Motot ExperLses Rent 29.124 1,023 550 156 1.000 10.879 85 9.951 44.399 660 30,174 812 95 334 435 9.3B3 120 8, 135 54, @04 480 5,782 715 115 Depreciation A¢couDtancy & Payroll Interest Payable and ochei chaiges 4.119 2.192 195 104, 333 lJl.383 Stsrplu8 £or y•at 24,727 23.449
PORT GLAS130W VOLTJNTARY TRAN8-PQRT GROUP page 4 Fox thtr ye•r •nded 31 March 2026 Vnr•$trl¢t•d R•#ttxct• Fund$ 2026 Total Tot1 2026 2026 2025 IrAcothing ResoDrceB qeoeratsd £w4ds: Grants Received Investmetst Income receivèd 40.464 10.OoD 50,464 63,944 interest 611 611 454 Re$outoe¢ it4ble actilties: Community Transport Service Donations and ocher In¢omÈ 69.047 8, 938 69.J47 8.938 65.161 5,273 Total loc¢)mitsg R•se)urces 119.060 10,000 129,060 134, 832 Outgoxng R•$ourc•s CELaritabLe Activities Goverftance Costs 102.141 2.192 102,141 2,192 110,668 Total Outgolng AoUrCeS 104.333 104iJ33 111,383 Nat Xncorring I IOuÈgoiDg) Re8Our¢•$ b•f•r• tratt8ferJ 14.727 10,000 24,727 23,449 otaL funds as l Apr-_ 2025 106,672 106,672 83.223 otal tund$ at 31 Mateb 2026 121.399 ID.000 131,799 106,672 All funds 2025 were unrestricted.
page 5 Aa at 31 2026 At 31 Mareb 2025 Not• 31 ¥at¢h 2026 ZXED ASSEIS Motor VèhicLes 12,357 17,345 12,357 17,345 CURRETrfr Asslrs DebtorÈ and Prepalct Charges Cash at Bank 10.153 11? 856 1.159 90. 981 124.009 92,140 ArnountB falling due withln one yoar 1 4,967 1 NET CUARRNY ASSETS 119.042 89,327 ASSETS 131.399 106, 672 Repre8ent¢d By: Restricted Fund8 General Reserves 10.000 121,399 106. 672 131.399 106.672 The charitablo ¢OTTrpany is entitled to eXetIOn from audit under section 477 of the Companiès Att 2006 for thÈ year ended 31 March 2026. The rllembers hav not required the charltable cotllpany to obtajn an aud&t of it8 financial statements for the year ended 31 March 2926 -n aeeordance with Section 476 of the Companies Act 2006. Thtt trustees acknowledg2 their tÈsponsibilities for- ensuring that the charitable ¢o]llpany keeps accounting records that coThply with Sections 386 and 387 of the Cornpanies Act 2aoÉ and Ibl preparlng financial statemep.t5 which give a true and fair view of the stat of affairs of the charltabL compa.nF as at the end of each financial year an of its surplus or deficit for each financial year in accordance with the rèquireTrehts of Sections 394 and 395 and whitth gtherwise comply wxth thè rÈquireThent5 of the Companies A¢t 2006 relating to financial statetoents. so far as applicable to the charirablÈ Coan¥. he f inanelal statements 4ave been prÉpared in accordance with the special PEovision& of Part 15 of the Cornpanies Act 2006 relating to sall charitable eompanies and the Charities and Trustee e¥tIllent Iscotlandl Act 2005. The financial 3taternents Trfere approved by the Board of Trustees on 5tb June 2026 and were ned on its behalf by: J Lennon ru8tee Company Nutrkner - $C292960
page 6 Foz th• yeaz ended 31 March 2026 2026 2025 R8conc*liation of Opezating Surplus to N•t CJ•b Inflow / (telwI Actlvltles Opètatlng Surplu8 bèf ore finance charge5 Vehicle DepreciatLon (Increase) / Decrea8e irk debtors Inctease / IDeereasÈl In eredLtors ain on sale of assets 24.727 4.119 1 8,994 1 2,155 1 532 1 23. 449 5,782 5, 606 1 5,020 Net Ca$h Lnflow frorn operating activities 21,475 29, 817 Proceèds fEorn sale of mini-bu5 1.400 22,&75 29, 817 RKCONCILZATICAI OF NEW CASH FLCIq OF IN CLSH Inerease in Net Cash Funds 22,875 29,817 Opening Net Casb Funds 90. 981 61,164 Closing Net Cash Fu.Ids 113. 853 90, 981
page 7 for the year ended 31 Mar¢h 2026 A¢¢owktlog poliu The following accounting policies have been consistently applied in dealing with the items which are considered material In relation to the Charity s accounts. Batsi¥ ot etsUnLIng The Accounts are ptepared under the historical cost convention and in accordance wlth applicable account-'Rg stan&rds In the U.K. the StatenEnt og ReCOnded Practi¢e= A¢co=1ng and Repo-ting by Charitie8 and the Financial Reporting standard AppLi-abLe the UX and Repub&iC of Ireland IFRSIC21, the Ch3fiEies and Trllstee Inve4Lme_-_t Iscotlandl Act 2005 and the Charlties Accounts Iseotlandl Rerjulations 20J c las aryLendedl . ho aecounts-a.re-prepared-i.FJ-aooordance with .the-cOry)aes-Xt-.2oQ6tr"- The VitLancial StateThents are prepa-ed In steilingi Which is the functioiial curreney of tho Charity. MttnÈtazy amounts in these Financial Statements are r?u.-.aed to the nearest £. FDnd aceountsng Re$trictea tunds are those which are subjerted to conditlons Iw$ed by the donor or funder. Oesignated are unres-ricted funds which have been identif led for a parLittular purpose by tELe TrusteÈs ot the Trans-port Group. Unrestriet&d funds are available for use at the discretion of thè Trustees Ln pursuit of the general aiTrs of the Trans-port Group. Incomlng Resources Incoming Resout¢es represents Grants. Donations and transport income. They are included whèn the Trans-POEt Group is entitled to the income and the amount ean be quantif led with reasonable accuiacy. Valtsa Add8d lax The Trans-port Group 15 rjot registered fot VAT and accordingly exp2ndituto inellldes VAT where applicable. Outgoxng Hgsources All expendlture is avcounted for on an attruals basis as liability 1$ iicurred. Ch&ritablé exoendituro cornpri.ses those costs ineu-red by the T-ans-port Group in the delivery of its actLVities for its benefic. arie8. Govèrnance costs coItVflBe thDSè Costs as$oeiated with rneetlng the ¢onEtitutlonal and statutory requirements of ttLe Yrans-port Group. Transtar Trqnsfers rnade frorn testricted far.d8 to unrestrltted funds Dn the Statement of Financial Activities reflect mana9ement charges as permitted by the donor or f under, TthJstee8 Remuttoratson 4nd ZxpenBe8 No Trustees received renuneration or re-iThbux8ement of Èxpenses in the year to 31 March 2026.
page 8 NOTRS TO rn FXNANCIAL STATEMENTS IC¢*Dt'd.I For th• y••r •nd•d 31 14arch 2026 Ats¥ets VCla$ Total Cost Balahce at l April 2a25 dditions Less: Di$posa13 272.237 272,337 1 36,359 1 1 36,359 1 Balance at 31 March 2026 235. 978 235,978 Dèpreciatson Balance at l .AprL2ri Charge for year 25% RB LI.ated on dispc$aL 254,993.- 4.119 1 35.L:91 1 -254., 993.._ 4,119 1 35.491 1 223,621 223,621 Net Book Valua At l April 2025 17,345 17,345 At 31 byarch 2Q26 12.357 12,357 Debtors 2026 2025 Trade Debtors Prepallent 9,231 922 474 68S VED and various 10. 153 1.159 Creditors 2026 2025 Ttacltr Creditors AcCal¢ ploytTrent / Voluttteer C06L5 2.284 2.220 463 1.000 715 1,098 4,967 2.813
PORT GWGQVI VOLtJNTARY TRANS-PORT GROUP page 9 NOIXS YO nriANCIAL STATEllmS Icottt'd. ) Fei the year •nd•d 31 March 2026 Analy818 of Fund8 - Curr•ttt Y•ar Balanca at 01104/25 RaAtUre Balanca Inco Tran8eat# kn Pe¥iod at Period Period 31103126 Ré8trloted Funds Robertson Trust 10,000 10,000 Unrestricted Fyttd GeTre-a_ Pand Bus keplacernent Fund 41,126 65,546 118.449 611 104, 333 55,242 65,157 Total Unrestticted Funds 106, 672 119.060 104,333 121,399 T¢)TAL TUNDS 106. 672 129,060 L04.333 131.399 Analysi$ gf Funda at 01104124 Inc¢) In Transter¥ *n P•rlod Period ?er&od at 31103/25 General Fund Bu$ Repla=ement Fund 18.131 65.092 134,378 454 111.383 41,125 65,546 83. 223 134. 832 111.383 106, 672 Putpo¥e of Re3trlcted Futsd$ The Robertson TEUSt Fund8 received to fwid thè putchase of a new buB. Capltal Cor•uttsDts The Charitable COpanY ordered a blls at a cost of £72. 000 Noverober 2025 with an expECted delivery date of June 2026.
PagÈ 10 179A Dal¥ytyple Stse•t Gr••no¢k PAIS IBX T•1. 01475 722233 Chartared Aecountant I report on the a¢¢ounts of the ¢harltable cottpany for the year ended 31 March 2026, which are set QLTrt on pages 3 to 9. The chatity, s trustees (who are also" the Director8 for the PULposes of cornpany lawl are esponsible for the preparation of the account8 in accordance with the terrns of the Charitieg and Trustee InvestmeELt Iscotlandl Act 2005 and the Charitle5 AccDunts Iscotlandl RegulatloELS 2006 las aJTer.ciedl . The charity trus-eES collSLoe: that the audit r-equirenent of Regu.la.t-i.on-10.I-l.l-lal- to-4el of- -he -2096 . AetOllnt.s Re.latIoS. doèy-.not apply. It Is ]ny responsibility ta exarLipe the accounts as -equired under Bectlon 44 11 I Icl of the Act and t¢J state wheEher patticular matters have to my attention. a818 of indeper)dt examiner, o •t•t¢u•tst Lwly examination is carrieol out in accordance with Regulation 11 of the Chatitle8 Accounts IScotl&ndl Regulatl)l& s 2006 las aryendeal An exa]nination includes a review of the accollnting records kept by the eharity and a conFaEison of the accounts presented with th08& records. It alstr lll¢lode$ consideration of any unusual iternB or disclosures the accounts. and sèeks explanations the trustees concerning any such rnatters. The procedures undertaken do not prcvide all the evidence that waulo be rwwlred irL an audit and. con$equently• I dts not express an audit opinion on the v-ew given by the accounts. Indepèndent e3raminer' s Btatemant In the course of my examination no matter has to rny attention: 11 which glves me reasonable eause to believe that. in any material respeet requirements= the tc> koèp aeeountlng record3 in a¢cordaT¥ce with Section 4411) lal of the 2005 Act and Regulation 4 of the 2006 A¢cDunts Regulationsi and to prepare accounts which accord 1th the accountitkg records and 2OF(ply wlt Regulation 8 of the 2006 Accounts RegLJlations. have not been met,- o 21 to which, in my opinlon, attention should be drarn order to enable a proper under8tandLnq of the accounts to be reacTrLed. Cralg LIDdsay Chartered Accountant leLsh Walker Limited Chartered Acetsuntant5 179A DalrwL& Street RrKNK FA15 IBX Dat&- 5th JunÈ 2Q26