Inverclyde Voluntary Council of Social Sezvic&s SCIO Report and Financlal Stateroents For the Year Endad 31 March 2025 Scottish Charity No SC010793
Inv¢r¢lyd• Voluntary Counoil of Social SeEvica8 SCIO Charity In£orrnAtxon EXECtYrIvE CCWMIfiEZ SECRETARY JANAGS>JENT co1ITTER REPORfING ACCjTANT .Ih Tr-'al.f.p.r lil n_i-ed 179A Dalrymple Jtreet Greenock PA15 IBX Bank OE gcotland 64/66 Trie3t Blac.<hall Street Gteenock PA15 IXG 80LICITOBS Blair & Bryden 39 Princes S'Lreet Port Gla8gorf TrA15 5JH orFICE ADDRESS Unit 17 Lynedoch Industrial Estatc Greenock PA15 4AX SC010793
Invorclyde Voluntazy Council of Socxal Services SCIO Page Trustees Report Incorne and Expenditure Account statement of Financial Activities Current Year statement of Financial AcLivities Comparative Year Cash Flow Statement Balance Sheet Notes to the Accounts 10-16 Independent Examiners Repart 17
InvercLyde Voluntary Coun¢ll 0£ Social Sezvicas SCIO
page I
TRUSTEES RZPORT
Foz th• yur endad 31 March 2Q25
OBJECTIVES AND ACTIVITIES
Charitable Puryo888
£r.sure that our service to the bl-'nd, elaerlyi disabled and ttr.ose with learning
difficulties within our cornnunity continues to be available wF_er. required.
Activities
TransFOft blind. elderly, disabled 2nd F.eople with learning dlfficulties of all ages
to a alet. OE locations such as 3-hools, -raining-cen"-_"res,-
-"n"u"rseTri"es-- l-uTreh-e.l-ub8 .-
etc.
In the eveniigi transport is proi'i&eo Eor Boeial ac"ivities with an additional servlce
provided at weekends for other organisations e.q. disabLecA swunrr.ing club.
TTr.iB
done by Th.aintalning close relaLio.2ships lLh tbe Cour.L'il EduL'atior.dl
devartTnents, SPT and all other local groups a880ciaLed 1th the care of the disabled
and elderly tc ensure ttriat the servic'e roeets with their rcquirew.entg.
A f leet of 14 bu8e8, Bpecif ically adapted for the disabled arc driven and athllinisterecl
by a team of drivers and cscorts,
ranspJrt aMinistratOrS sna of f ice Sta-f .
Al.1
work is on a voluntary basis.
he or
Inverclyde Voluntary Council of Soclal Sèrvice8 SCIO page 2 TRUSTfES REPORT (Cont, d. I For tha yaar end8d 31 Marah 2025 FINANCIAL REVIEW Brie£ Revlew 0£ the Charlty's FnanCIal PosLtLon Financially we were in a stable position. Our new treasurer has worked with our accountants to put our bookkeeping System on to online accounting System which will make the accounting slde 0£ our business much ea8Ler to manaqe. In addition to this all of our suppLiets are now being paid by electronically via the bank. Due to the changes In the roles durlng the year the bank andate has been updated to includod two new signatories. Income e received a grant from Inverclyde Council of £7,500 and £16,938 from Transport Scotland for our fueL rebate. In addition to thi8 SPT provided an annual grant of £25, 000. During the year £31,000 was receLved from the sale of 4 buses resulting in gain in the accounts of £21, 382. Expendlture e continue to have associate Thembership of the Authorities Buying ConsortLUm, benefiting on the excellent reduation on list prices. Three buses were purchased at a cost of £156,410. VehLcle insurance costs were £18, 539 with fuel costs decreasing to £25, 923. Vehiele repairs were £35, 461. Thls year we had an operating surplus of £54,868. the end of this financial year. e had £310,525 cash in hand at Prlnclpal Funding Sources The Charity, s principal funding sources are from SPT, Inverclyde Council and various 3ponsDrs. Reserves The Charity maintains two designa'Led funds, one to provide suf f icient funds to replace a vehicle in the event of an emergency and one to provide funds to enable the Charity to replace three vehicles each year. In addition, the Charity maintains a General Reserve sufficient to tTreeL at least 12 rnonths costs. The trustees are confident that the funding will continue and that the accounts should be preparecl on the going concern basis. On the face of the Accounts, the unrestricted reserves of the charity appear healthy at a figure of £589, 627. Howeveri these resources could only be realized by selling the buses 'Lhat the organisation uses to provide transport services to those in the local community. Plans for £utuze periods It is hoped that we will receive our Council grant. We will also apply to Transport Scotland for our twice yearly fuel rebates. We will continue to be members of the Authorities Buying consortium, giving us the be8t possible options in obtaining discounts on future bus purchases. As always we will try and obtain new supporLers for our buses whilst Letaining those that we havo at present and look into all grant opportunities. Assuming we receive a council grant, along with our current educational mileage charges and providing the fuel rebate is continued by Transport Scotland, then we will be able to provide the l@vel of service required for the coming financial year.
Znverclyde Voluntary Councll ot Soclal Servlee8 SCIO age 3 TRiISTEES REPORT (Cone, d. ) For tha y•aL •ndad 31 March 2025 TruBtee8' responsibilitles in relatlon to the £inan¢ial statenentB The t.ru8tpe.8 arp re8ponk£ible for prepari.n(J the Trustees Annual Report and t.he f inancial Statements in acccrdarice with applicable lav¢ Gnd United Kingdom Accounting standards (United Kinc4dorn GeneLally Accepted Accounting Practicel . LaFthr applicable to charities requires tne trustee> to prepare £in¢xncial state]fient8 lor each finar.cial year which give a true and fair view of the state of affairs of the charity and of the ir_corning resources and applicatictL of resources, includLng the incorne and expenditure, of the charity for that period. In prepArlng these flnanclal statornents, the trustees are requlred to: se'e-t yuLtahle ac¢ountl_ng poL&cles and then apply them -on3isEenLIy,' observe trhe methods and principles Ln the -harities SC_aP,. ake judgeneits and estimates tLiat are reasonable and prjdent,. state &hether applicable UK accounting standa-cls have en followed, sublect to any ma-erlal departu-es dlsclosed and explained ITh the f Inanclal Statements,. prepatth LhÈ f ir_ancial stateTh.er_ts on the golng cor_eern basis unless It inappropriate -0 P&esume t.iar ttrLe chaxlty 'rtlll coThtLnue Ln bu$lne2$. LS TFLe trJstees are responsible fvr kee?iig protie= a¥coiIi"ing recortis ttr_at dis¢Lvse wLLh r'easonable accuracy a't any tiine -Fhe fincints'idl pusiLiorL of LTrie cFLarity and eiiable LF.em Lo eIibure that 'F)e ILIlallLI(L SLigLemenLs cornply wiLh Llie £èleva.i'L legiblaLion. Ihey are also responslble for 8afeguardlr.g the assets 0£ the charlty and hence for taklng reasonable steps for the prevention and detection of fraud ana cttr.er irre¢Fularities. The tru8tee8 are responsible for the rnaintenance and integrity of tILe corporate and financial ir.forrr.ation included on Lhe charity's Triebsite. Legisla-ion i_n the Urbited Kingdorn governi ng the preparat i on and 0.1 S3ernination of financial sLatements aY dif feL fram Le.g.1.31 at.i.on in other ]uri.qd.ic.t.lon8. Rèf Orence and administrative datai18 Charity number: Reqistered ol-f ice: SC010793 Unit 17, Lynedoch Lndustrial Estae. Greenock. PA15 4AX Qur Advisors IndependetLt Exarniner: lelsh Walker Limited, 1";9a Dalrjmple St-. eet, Greenock, 3A:. 5 12X Ban.< of Scotland, 64/56 We3t 31ac.<hal- Street, Greenock, PAI) IXG Blalr & 13-yden, 39 Princes Street. gort Glasgow. PA15 4JH Bank: Sollcitors: Trustéés and O£Eiears The trustees and officers Serving durin¢Y the year and since ttr.e year end were as lollows: 'Th_ mai4iqeme.i= COrr- ttQC tnado Jr o- rho -olloifj- ng:
Inverclyde Voluntary Council 0£ Sgcial Sezv&c•8 SCIO vage 4 RUSTEES REPORT (Contl d. ) For thg ygar gndéd 31 Match 2025 structure, Governance and Management Governing Documant Inverclyde Vo.unLary vonncil of Social Services SCIO is registered as a Scottish charity witF. the Office of the >cottish Charity Reryu_ator IOSCRI On the 6th August 2015 the Charit Changed from an unincorpcrated charity ir,to a SCIO. Inverclyde Voluntary Council of Social Servlcès SCIO Is governed by IES consÈltutlDn. AppoIAtm¢rAt 0£ Tzu8t¢ès Ttr.e trusteeo are appo-nted an.iually at the and serve for a peziod ot two years but of fer thernselves for re-eloctian after one year. After the two years the trustees eaIi oller them8elveB for reappo-ntnent for a Lurthe- two years with no limit to the length uf tinie Berved ds d LI'usLee. Ir,verclyde Dlstrlct Council have the -ight to appoint one councilor a8 a trustee in tho charity. As with the other trustees this appointment 18 revie'Ned on a bi-annual basis. ru8eo• induction and training On appointment n*.w tru8-pes at.tfr.nd an indijction course he.Ld by -he othpr t.rust.ees where their responsibi_ities are explaiied to thetm in fu_l. This 18 from the perspective of both as d trustee 0£ -he clLarity and the Legal requirements set by OSCR. As new legislation is released the trustees meet Lo discuss the iPaCt this will have on the charity and theLr own personal responsibilities a6 trustees. Related partie8 and cu-OFaration with other organi3ation8 The charity receii'ed rant frotn fnver-lyde Di3t-ict Council of £7,500 itl the year to 31 March 2025. One of Lhe trustees of the charity is a seLving Councillor of Inverclyde Dlstrlet Cour_cll. sk Management The trustees assess the risks associ8Lod Kiith the charity and the services that they proviie on an annual bas" s, or earlier if raquired. Trie buses are regularly maintained tc reouce ttr.e risk of bteakdowns. Independene Examll•r Tlie In(iependent Examiner, OE Welsh Walker Limited, Chartered 2¥ccountants, has indicated I,. coitinue in officc and a rcsolutior. re- appointing him and auLhcrising the Trustee8 to fix his remuneration will be proposed at the Meeting of the Trustees. By order of Lhe board of trustees on the 23rd October 2025.
Invezclydo Voluntary Council ¢£ Social Services SCIO page 5 INCOME AND EXPENDITURE ACCOUNT For the yaar énded 31 March 2025 Income Year endéd 31 March 2025 Year endad 31 March 2024 Billed Recoveries Grants Inverclyde Council Donations Repairs & Maintenance SPT Fuel Grants Transport Scotland Bank IntereBt Received 188,201 8,858 3,500 31,250 16, 938 1,514 219,234 7,50Q 1,820 18,750 20, 397 Total Income 250,261 267, 701 Expenditura Fuel for Vehicles Vehicle RepairB & Costs Bus Hire Vehicle Insurance & Liabilities Subsistence & Travelling Vehicle Depreciation IGainl on Vehicle Disposals 25, 923 35,461 13,060 18, 539 36, 020 68,604 1 21,382 1 31,869 36, 698 16,163 33, 745 46, 724 1 11,354 1 Direet Vehlcla Costs 176,225 153, 845 Property C03tSN Insurance & Rent Heat, Light, Telephone & Alarrns O£Eice Depreciation Prof essional Fees & Subscriptions Sundry Expenses 9, 344 4,463 387 4,056 918 8,018 3, 813 85 3, 528 1,032 Qvezhead Costs 19,168 16,476 OTAL EXPENDITURE 195,393 170, 321 Operating Surplu8 / (DeEicit) £ot year transfèrrod to genezal reserve 54,868 97,380
Inverclyde Voluntary Council of Social Servlce8 SCIO page 6 STATEt4ENT OF FINANCIAL ACTIVITIES For the year endéd 31 Nateh 2025 Unrestsicted Funds 2025 Restsicted Fljnds 2025 Total Funds 2025 Total Funds 2024 Nots Incominq Resouroes Incoming R080urce8 £zom ¢hatitable actlvities: Incoming f rom billed recoveries Voluntary Inconw: Public Donations other Incoming Resources: Grant Income Bank Interest 188,201 188,201 219, 234 3, 500 3,500 1,820 57,046 1,514 57,046 1,514 46,647 Total Ineominq Rosources 250,261 250, 261 267,701 Resources Ewnded Charitable Actlvlties: Direct Vehicle Costs other Resources Expended 176,225 19,168 176, 225 19,168 153, 845 16,476 Total Resources Expended Net Incoming l (Outgoinql Resources 195,393 195, 393 170, 321 54,868 54,868 97,380 RECONCILIATION OF FtINDS Total funds brought forward 534,759 534, 759 437, 379 TOTAL FUNDS CARRIED FORWARD 589, 627 589, 627 534, 759
Inverclyde Voluntary Council 0£ Social Services SCIO page 7 STATEMENT OF FINANCIAL ACYIVITIES - CcpARATIvE YEAR For the year ended 31 March 2025 unrestrCtèd Funds 2024 Restricted Fwids 2024 otal otal Funds 2023 Note 2024 Incomlng Resourcas Incollng Resources f rom charitable activities: Incoming f rom billed recoveries Voluntary fneomè: Public Donations othet Incting Résourcas: Grant Income 2L9, 234 219, 234 158, 625 L, 820 L, 820 1,881 46,647 46,647 29,909 Total In¢omlng Resources 267,701 267,701 190,415 R8source8 Expended Charitable Activities: Direct Vehicle Costs other ResouLce8 Bxpended 153, 845 16,476 153, 845 16,476 117,767 18,552 Total Resources Expended Nat Incoming / (Outgoing) Resourcas 170, 321 170, 321 136,319 97,380 97,380 54,096 RECONCILIATION OF FUNDS Total funds brought forward 437,379 437,379 383,283 OTAL FUNDS CAFRIED FORWARD 534,759 534,759 437,379
Inverclyde Voluntary Council 0£ Soclal seThCes SCIO page 8 CASH FLOW STATEbJENT for the yeat ended 31 March 2025 2025 2024 Noté Récanciliatlon ef Operating Surplu8 to Not Cash Inflow / (Outflow) 0ratIng Activities OporatLng Surplus / (Deficit) before £inance charges Vehicle Dépreclatlon Fixtures Depreciation IIncreasel / Decrease in debtor Decrease / (Increase) in prepayrnents Increase / (Decrease) in creditors Gain on sale 0£ assets 54,868 68,604 387 1 2,294 1 3,388 2,204 1 21,382 1 97,380 46,724 85 1 2,ID3 1 1,142 I LL,354 1 Net Cash inflow frorn operating activities 105, 7?5 131, 869 Net Capital Expenditure 12 1 127,995 1 1 108,356 1 1 22,220 1 23,513 REcONcILIAlON OF NEW CASH FLOW OF MOVEblENT IN CASH FUNDS IDecreasel / Increase in Net Cash Funds 1 22,220 1 23,513 Openin¢J Net Cash Funds 332,745 309, 232 Closing Net Cash Funds 13 310,525 332,745
Invezclydo Voluntary Coun1 0£ Social S•zvLc•8 SCIO page 9 BALANCE SHEET AB at 31 March 2025 At 31 DGarch 2025 At 31 Mar 2024 Nots Fixed A88ets TangibLe Assets ?.63,100 182, 713 otal flx•d Assét8 263,100 182,713 Cutt*3nt Assets Debtors Paynentg Advance Bank drkd Cash 13,766 12,753 310,525 11.472 16.141 332. 145 337, 044 360, 358 abllltles Creditors Arnount8 £aLling due within one year 1 10,517 1 1 8,312 } 326, 527 352, 046 Total Asset8 less Current lalI£S 589, 627 5J4, 759 Nee A88•t8 89,627 b34,749 The funds 0£ the Charity UTire¥trlcted Incotoe Funds 589, 627 534,7£9 Total Unre8triated Funds and Total Charity Fut 589, 627 J34,759 Approved by Lhe Trustees and siqned on their bchalf by: Date: 23rd October 2025
Invetclydé Voluntary Council ef Social Services SCIO page 10 NOTES TO THE FINANCIAL sTATErNTs For the year end6d 31 Match 2025 Accountlng Pollcles The folLowiDg accounting policies have been consistently applied in dealin9 Wlth the items which are considered material in relation to the Charity's accounts. Basig 0£ Accounting The Account8 are prepared under the historical cost convention and in accordance WLth applicable accounting standards in the U.K. the Statement 0£ Recornmended Practlce: Acoounting and Reporting by Charities Irevised 20151 and the Financial Reporting Standard Applicable in the UK and Republic of Ireland IFRS1021 ef fective from l January 2019 and the Financial Reporting Standard Applicable in the United Kingdom and Republic of Ireland IFRS1021 tho Charities and Trustee Investment (Scotlandl Act 2005 and the Charities Accounts Iscotlandl Regulations 2006 las amended) he Financial StateLnents are prepared in sterlingi which is the functional currency of thè Charity. Monetary arnounts Ln these Financial Statements are rounded to the nearest £. The Charity meets the definition 0£ a public benefit entity under FRSIO2. Preparatlon of the accounts on a going concern basis The trustees have reviewed the position and oonsider the charity to be a going concern. The aceounts will be prepared on the going concern basis. IncollLe Income recognised when the charity has entitlement to the funds, any performance conditiorL3 attached to the items of Income have been met, or it is probable that the incorne will be Leceived and the amount can be measured reliably. Billed Recoveries include any invoices issued but outstanding at the period end. Any grants received are troated as income at time of receipL, with the exception of the fuel grants from Transport Scotland which are accrued over the financial period covered. Public donations received are treated as incorne at time of receipt. Donated servicés and £acilitle8 Donated professional services and donated facilities are recDgniBed as income when the charity has control over thè item, any conditions associated with the donated itern have been met, the receip't of econornic benefit from the use by the charity ol- the item is probable and that economic benefit can be measured reliabLy. In accordance with the Charities SORP IFRS 1021 tELe general volunteer time is not recognised. On receipt, donated professional 8ervice8 and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have bèen willing to pay to obtain services or faciLities of equivalent economic benefit on the open market. a corresponding amount 18 then recognised in expenditure in the period of receipt. Interest Receivable Interest on funds held on deposiL is included when it, s receivable and the amount can be measured reliably by the charityi this is normally upon notification of the interost paid or payable by the Bank.
Inv8rclyde Voluntary Council of Social Sarvices SCIO page 11 NOTES TO FINANCIAL SYAYEMKwfs {Cont'd.) Wor the year ènded 31 March 2025 Acc4)unting Polici88 {Cont' d. > Fund acaounting The Voluntary Council operates a General Fund which is unrestricted in its use. The sub-division of the General Fund into designatecl funds is at the Trustees, discretion. Exp8ndltura and Irrecoverable V3k Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third partyr It is probabLe that settlernent will be required and the arnount of the obligation can be measured reliably. Expenditure is classif led under the following actlVLty headings: The costs of generating Voluntary income are not significant and have not been separately disclosed. Charltable expenditure comprises those cost8 incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both Costs that can be allocated directly to Such activities and th08e costs of an indirect nature necessary to support them. other expenditure represents those items not falling into any other heading. AII VIIT on purchases is irrecoverable and is included with the related costs in the Accounts. No VAT is charged on the acquisition of the Disabled Mini- bus. The Charlty is exempt frorn charging VAT on its Income StreaTAS and is therefore not regLStered for VAT. Allocation of Suppore Costs Support costs are those functions that assist the work of the charity but da not directly undertake charitable activities. Support costs include back of f ice CD8ts, finance, personnel and governance costs which support the charity, These costs have been allocaled to expenditure on charitable activities. Tangible Assets These consist wholly of the Counclll s Fleet of Mini-buses adapted where possible for the transporting of disabled people and fixtures and fittings at their new premises. Fixed assets having a value to the charity grealer than one year, other than those acquired for specific purposes, are capitalised. Depreciation is prDvided at rates oalculated to write off the cost less estirnated residual value each asset over its expected useful life as follows: Vehicles Fixtures and Fittlngs 25S reducing balance 25& reducing balanco Iroaitment of Flxéd Assèts At each reporting period end date, the Council reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an irnpairment 103s. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of Lhe impairment 108s lif anyl here it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash- generating unit to which the asset belongs.
Inverclyde Voluntary Councll of Soclal Services SCIO page 12 NoKs TO FINANCIAL STATEMENTS (Cone'd.) For th8 yaar anded 31 March 2025 Accounting Polici68 (Cont, d. ) Debtors Trade and other debtors are recognised at the settlernent amount due after any trade discount of fered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand Cash at bank and cash in hand include cash and short term highly liquid investments with a short maturity of three months or less frorn the date of acquisition or opening of the deposit or similar account. Cradltors and provl3lon8 Creditors and provisions are recognised where the charity has present obligation resulting frorn a past event that will probably result Ln the transfer of funds to a third party and the amount due to 3etLle the obligation can be measured or estimated reliably. Creditors and provisions are noLmalLy recognised at their settlernent aynount after allowing for any trade discount due. JudgewLents and key sources of astimation uncartalnty In the application of the counciL'8 accounting policies, the trustees are Lequired to rnake judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent frottk oLher sources. The esti)nates and associated assutnptions are based on historical experience and other factors that are considered to be relevant. ctual results rnay differ frorn these estimates. The estittLates and underlying a33Ultiptions are reviewed on an ongoing basi8. Revisions to accounting estimates are recognised in thè period in which the estimate is revised where the revision af fects only that period, or in the period of the revision and Euture periods where the revision affects both current and future periods. Key sources of estlmatlon uncertainty The estirnates and assumptlons which have a significant risk of causlng a materlal adjustTfLent to the carrying amount of asset8 and Ilabilities are as follows: Depreciation Depreciation of £-ixed assets has been based on estirnated useful lives and residual values deerned appropriate by the trustees. E8titfLated useful lives and residual values are reviÈwed annually and revised as appropriate. Bad Debts Bad debt provisions are provided at rates deemed appropriate by trustees. Specific allowances are provided for when it is known to the trustees that the debtor is not recoverable in part or in full. General allowances are provided based on the trustees cumulative knowledge and experience of the industry4T where it is deemed probable a portion of the debtors balance will become unrecoverable.
Inv•rcLyde Voluntary Council 0£ Social Service8 SCIO page L3 NOTES YO FINANCIAL STATEMENTS (Contld. I For the yeat ended 31 ltsrch 2025 Grant Income Unr•stri¢t•d Fund8 2025 Re8tricted Funds 2025 otal Fund8 2025 Inverclyde Council SPT Repairs Transport Scotland (Fuel Grant) 8, 858 31,250 16,938 8,858 31,250 16, 938 57,046 57,046 Grant Income - ccpARATIvE YEAR Unre8trictsd Funds 2024 Rastrict•d Funds 2024 Total Funds 2024 Inverclyde Council SPT Repairs Transport Scotland (Fuel Grantl 7, 500 18,750 20, 397 7,500 18,750 20, 397 46, 647 46, 647 Diroet VÉhicla Costs - CUPIIENT YEAR UnreBtricted Funds 2025 Restricted Total Funds 2025 2025 Fuel f or Vehicles VehicLe Repairs and Costs Bus Hire VehicLe Insurance and Liabilities Subsi8tÈnce and Travelling VehicLe Depreciation IGainl on Vehicle DisposaLs 25,923 35,461 13, 060 18, 539 36, 020 68,604 1 21,382 1 25,923 35,461 13, 060 18,539 36, 020 68,604 1 21,382 1 176,225 176,225 Direct Vehiclo C08t8 - COMPARATIVE YEAR Unre3tricted Funds 2024 Restricted Funds 2024 Total Funds 2024 Fuel for Vehicles Vehicle Repairs and Costs Vehicle Insurance and Liabilities Subsistence and Travelling Vehicle DepreciatLDn (Gain) on Vehicle Disposals 31,869 36, 698 16,163 33,745 46,724 1 11,354 1 31, 869 36, 698 16, 163 33, 745 46, 724 1 11,354 1 153,845 153, 845 othez Resources Kxpended 2025 9,344 4,463 387 4,056 9L8 2024 8,018 3, 813 85 3,528 1,032 Property Costs, Insurance & RenE Heat, Light, Telephone & Alarms Of fice DepreciatLon Professional Fee8 and Subscriptions Sundry Expenses 19,L68 16,476 All other resources expended were unrestricted in 2025 and 2024
Inverclyde Voluntary Councll 0£ Social Services SCIO page 14 NOTES TO FINANC STATEblEwfs (Contld. ) For tha yéar andad 31 March 2025 angiblo Fixed A88ets Vehlcles Fittlngs Total Cost t l April 2024 Additions Disposals 476,592 156,410 1 95,332 1 5,162 2, 585 481,754 158, 995 1 95,332 1 At 31 March 2025 537, 670 7,747 545,417 Dèprèciatlon and inll)airment At l April 2024 Depreciation charges in the year Eliminated in respect of disposals 294,135 68,604 1 85,715 1 4,906 387 299, 041 68, 991 1 85,715 1 At 31 bsarch 2025 277, 024 5, 293 282,317 Carryig amount At 31 March 2025 260,646 2,454 263, 100 At 31 March 2024 182, 457 2S6 182,713 Debtors: Amounts £allng due within oné yéar 2025 2024 SPT grant Fuel grant 6,250 7,516 11,472 13,766 11,472 Croditor8: Amounts falling due within one year 10,517 8,312
Inverclyde Voluntary Council of Soclal Servlces SCIO page 15 NOTES TQ THK FINANCIAL STATEMENTS (Cont'd. ) Fot the year endèd 31 Match 2025 General Funds & Raservo¥; Current Year Emexgency Vehicle Replacement ReFla¢•ment General Rèstricted Fund Fund und Fund Total Funds As at l April 2024 40,000 loo, 000 394,759 534, 759 Movement in year 54, 868 54,868 40,000 loo, 000 449, 627 589, 627 General Funds & R•8arves: Comparative Yéar Emérgancy V8hiclé R8placemant ReplaceKwit General R•8tricted Fund Fund Fund Fund Total As at l April 2023 40,000 100,OOD 297,379 437,379 Movement in year 97,380 97,380 40,000 loo,000 394,759 534, 759 The Emergency Replacement Fund and the Vehicle Replacelllent Fund are both Unre8tricted Designated Funds. The General Fund 18 an Unrestricted Eund. io. Volunteers Subsistence and travelling expenses are re-imbursed to staff who are all voLunteèrs, connection with the oporatlon and malntenance of the Councill f leet of vehicles. Year to 31 March 2025 Year to 31 March 2024 36, 020 33,745 ii. Analysis of Net Funds Curr•nt Year Emargancy Replacement Fund Vehicle Replacemant Fund Genaral Re8trigted Fund Yotal Funds Fixed Assets Current As8ets CurrenL Liabilities 263,100 197,044 1 10,517 1 263, 100 337, 044 I LO, 517 40,000 loo,000 40,DOO loo, 000 449, 627 589, 627 Analysis of Net Funds Comparative Year ErgencY Replacement und Vehicle Replacement General Fund Fund Restricted Tund Total Funds Fixed Assets Current Assets Current Liabilities 182,7L3 220, 358 1 8,312 1 182, 713 360, 358 1 8,312 1 40,000 loo,000 40,000 100, 000 394, 759 534,759
Inverclyde Voluntary Councll of Soclal Services SCIQ page L6 NOTES TO THE FINANCIAL (Cont'd. I For the year énded 31 March 2025 12. Notas to the Cash flow Statemènt Net Capital Kxpendituro 2025 2024 Asset8 Purchased Receipts Received on Disposal 1 158,995 1 1 126,856 1 31,000 18,500 1 127,995 1 1 108,356 1 13. Notes to the Cash Flow Statemènt Net Cash Funds 2025 2024 Bank Cash 310, 525 332,429 316 3LO, 525 332,745 14. Capltal Commitments At the balance sheet date the charlty had conunitted to a new bus spend for the following year at a cost of £77,227 12024 £108, 9901
page 17 179A Dalrympl• Str••t Greenoek PA15 IBX •1. 01475 722233 Chartared Acoountants INDEPENDENT EXAMINER, S REPORT TO THE TRUSTEES OF INVERCLYDE VOLUNTARY COUNCIL OF SOCIAL SCES scio I reoort o_n the accounts ot the SCIO for Lhe year ended 3L March 2025, which are set oui on pages 5 to 16. Reepective SP9n81hl1tIeS 0£ trustees and exJwoner The charity, s trL8tees are responsible for the p-eparation of the aceounts In accordance TAfLth the terrns of the Charities and Trustee InvesttrEnt Iscctland) Act 2005 and thÈ -harities Acccunts Iscotlcndl Regulatitsns 2006 las cJtLeidedl The charity Erustees consider tha- the audit requlremenL of RegulatLon LO111 lal to Icl of Lhe £006 Accounts Regu aiions doe$ ftot apply. It 13 nly responsibility to examine the accounts as requlred nder seet". on 44 111 Icl of the Act and to state wheLher partittuLat moltters have come to my a itention. Bas18 0£ Independent ex4)D r, 8 Stat8nt My examination is carrled out In accordance 'Aith Regulat-. on Ll of t_ie Charities Aceounts (Scotlandl Rcgulations 2006 la8 amended) An p.xamination include8 a revieTrJ of. the accounting record21 kept by tF.e charity and a compari30n of the accounts prese.nt. with those rocords . It al80 inc.ludes con.qideration of any unL8ual items or d.i.%cLosures in thc accoiints, and seek8 &xplanation £Lom t.ie trustees co.Icerning a_ny such Thatter5. The vroc.8diJre.s iJnder-.Akp.n oo not provide. al..] thp p.vidence tha- would be required in an audi.t and, con3e.quent.Lyi I do not e.xpres8 an audit opinion on the view qlven by the accounts. Independent examiner, s stat¢Thent In t.ie course of my examination, no rrBtter has ce to my attention: 11 which giTdes me reasonable cause to believe that, requitemeits: in any material respec-, the to keep accounting records in actordarice with Secticn 44111 lal of the 2005 Act and Regulation 4 0£ the 2006 Ancounts _Re4ulations, ar_d to prepare 3ocounts which accord with the accourhting Regulation 8 of the 20Q6 A-counts ReguAa-ions. eco-ds and cortLply with have not been tAet." or 21 te tAh_4c_4, in Th! 9pinio atten>lon BhouLd be drawn in order Lo enable a proper L]nderstanoiii ol Lhe aL"cuuJILS to be reached. Charterod Ac=u"JrLtdIlt Welsh Walker B mi'Led Chartered AccounLa.Its 179A Dalrynple StrceL C,PF,ENrtK PA15 IBX Datc: 23d OcLobor 2025