COWAI Elderl Befrienders SCIO FinanciAI Statements 31 March 2025 ROSS & COMPANY C14ARTERED ACCOUNTANTS (IncorN)raiinu CRAwfoRD & ANGUS) JAI%lES K B. ROSS, B.A.. C*ll. DUNOON 80 ArHyll Stre¢t PA91 7NF. T¢1, 704111 (01369) 'I'AIUIERT Penlea. D¢iiiiii)r¢ R￿d PA•9 01"W Td 704111 (01369) LOC'H(ilLPItL;.AD I l Tiyh Mhillwid l Uyhnell Sircet. PA.I18JL Td. 704111 (01369) RUI'lll*.SA Y Unil 4. 9 Vi¢10ri4 Sir¢ PA2n nAJ Tel..40311.1 (01700) CHARITY REGISTRATION NUMBER: SC07A086 Cowal Elderly Befrienders SCIO Unaudited Financial Statements 31 March 2025 Cowal Elderly Befrlenders SCIO Flnanclal Ststements Yoar endod 31 March 2026 Pago Trustee8' annual report Independent examiners report to the trustees Statement of financial actlvlties 10 Statement of financial positson Notes to the financial ststements 11 12 Cowal Elderly Befrlendern SCIO Tru8tea•' Annual Report Y•ar ondod 31 March 2026 Th8 tru818os preseni thelf rep(￿ ar)d th8 unaudrt•d finandal ol the charity for the y•ar ended 31 March 2025. R•hr•nc• and admlnhtrth• d•tsll• R•ght•r•d ¢harlty liam• Cowal EbJ•rty 8efi*ndern SCIO Charfty r•gl•tratlon numb•r SC024688 Prlnclpal offlc• . 128 John Stro Dunoon Argyll PA23 7BN Th• tru•tw• Cthval Eldorfy Befr*nder8 SCIO 128 John Street Dunoon Afgyll PA23 78N Scottish Charrty Numb8r SC024886 Website.. wWw,w•4albefrle￿f1.cO.uk Inde ndenl Examiner lJ8nk Vlrgln Money 1 OIYW68t Blackhall Sts8&1 Gfeenock PA15 1XR u11￿1> Stewart ar)d Bennett Argyll Street Dunoon Cowal Elderly Befrlenders SCIO Tru8tee8' Annual R•port {¢o*•dJ Year •nd•d 31 March 2025 8tru¢tur•. gov•rn4nc• and minag•m•nt Prqect Managen*nl The 8efTiending proiectlg managed by a voluntary 808rd of Tru8tees drawn fr￿n the IDEXI communty The mèmb8f8 havo a wkle fan9e of ski118 aTrJ expertw whth contrlbule to the effedive management of Ihe Kheme and they provkdo Ilne mana9ement support for the Coordin8tOf who hrds respon6ibillty fof the day to day operatK)n• of the Pfoiect arK18taff. All rTwnbern share an interest In improving the quallty of Ilfe lor the eklefly and the Board 8hY8y8 havè 8t leB81 one Ihird memb8f8 who are aclive voluntO8fS workirKJ directly with the elderty. In thm way ensure that the voice and needs of the frail elderfy wlll continue to drfvo the dlrectlon arKI 8ffivice8 of tha Pfole(X. Members of Ihe B08rd of Trustees are elsglble for rfreEecllon afior thelr nom5nat•d temi under tho rms of our consts'tution. We ate able lo coryt new members mid.yeaf when required. The trustees represenling the PfDJecl for 2024.25: rson TrAA41 IfAr Staff Membern for Ihe year to 31st March 2025: Co-ordinator Admin{8trati￿ and Informatkm Offlcer Volunteer Manager niJtfAath Wofkers Cowal Elderly Befrlenders SCIO Trustee•, Annual RepOrt(c￿th￿00j Year ended 31 March 2026 Obl•cllv•• and acllvlti Prqed Aim8 To Improve Ihe quallty of lrfe lor18olatgJ older p8Oe by;" ' Mlnlmislng l•olatth and lonellneu by provldirvJ a fange ol BefrlendlThJ wrvIc￿. ' Enc￿ragirvj di8flts to remain a(alve in th• conmunty by provKlry Supp￿* and tran8POrt to enabl them lo acce88 kKal 8ervlce8. 8 The age r8nge of oui seThlcé U8efS was bet￿n 65 and 100, wllh 73% belry over the 898 0180. M08t clients (750/9) were lemale. We Teceived 96 new sop4ice Teforrals pnnianty from sourtes within the HSCP and w8 wern 8ble to 8dd 74 peopl8 to our servka. CE88 2024.2025 Total Number of referred older people receiving services ' Referrals New client8 Number of client contacts Overall number of houTS of dlrect client contact provl8ion Staff befriendlng hours Oellvered Volunteer befn'ending hours Contacts with cllents wlth d8ment Hours delivered to clients with dementia 243 96 74 10,624 12,189 10,109 2,080 2,731 2.957.5 'Thl8 figure do88 not Ind￿10 non4llenl8 who b8nofftt￿ from our actfvrtl88 é.g th08e In car&homeWrellrement hou81rvJ who 8cces¥od 1rf8haw adlvty; nondlents partlclpallng In partnernhip a¢#l¥it Cowal Elderly Befrlenders SCIO TrustOO8' Annual Report Year end•d 31 March 2026 Ev81u8tlon Our 2024.25 client evaluation fe8uIts Were colla1￿ wilh Ihe input of 40% of clients. evalualion 8UPPOrt was provided for 80rne dlents in consuttation wtth thelr familie8lpartnethrwid Ga(er8. Resutt8 Show that 811 clients fett that they had benefrtted Irom the project. 100% fott thal Involvmni wlth Befr*ndw8 W)od Ihom to foal bettor 98% of clhent8 fett thal. 8• a rffiult ol belNJ part d Befr￿ndern, ttw made fV•V ￿ndS or conne¢tlon• In tho communlty 82% kept fft t1￿ch wrth the otsr dent8 OUt8th of Befrknnder8 8L11vrfI88 94% felt comfortable 9ettlng In touch wlth B81r￿Kkn If they ne8d&J help or Informatlon 43% ￿ld that Befrlender8 had provId￿ them wfth practkal help whlch hetped Incre88e thalr Independenca and qualrty of Ilfe Cowal Elderly Befrlendors SCIO Tru8te••' Annual Report{a¥Xthu•d) Yur onded 31 March 2026 Flnanclal rnvl•w FundSng Our 88Nlce ¢081 £234.194 Includiry £15.549 of (knprodatlon. Gfant¥ totalling £188,784 aCC￿nted lor Inasofty ol Ouf trrtal Income of £212.058. Our core CouncSVHSCP grnnt h88 remalned ai the sarm level SIn￿ 2010: th18 year It cover&J around 14% 01 Overall c03ts. £102.292 at financial yaar end was rest￿ for 8efvKe provision in 2025ffj. Several 9rnnts were received mid finandal yaar wth a proportth b8thg carried fowtd and 8hown In our accountB a8 Re8tncted Funds. Oonations, Income oonerat5on and non4ranl Inc(Kne accounted lor over £20,000 Indicating the level ol cornmunlty support lor our work. maintalned our n(Kharge pollcy for client actfrvlty In Ihe Interests of faimo88 and encouragiw participakn. We VI￿ our donations and Income generation work a¥ part of 8 th088 who pay and wanl to pay can do 80, approach. We commttt8d to Uslng rwerves wlw• ne(￿3ary to maintaln fvll provlsknn while w• 60urced fund8 to gU8tsin our work. A8 a chariiable organlsatlon we ranaln vory gratth￿ to t￿ lurKllng owgani8atkw8 Indlvlduals who have 8upported work financialty, Tho Managernenl C(xnmltte8 ¢on6iderB that an appropnate amount mu* be W In re80Ne for potential winding up al￿ redundanw c08t8 8houkl Ihe Pro￿ h8vo lo Cea￿. Al Pfesent Gtaffing level8 with 8everal 8t8ff in post lor 8 number ol years 8rwJ cU￿an1 financÈ81 txNnmttmerns Ihi8 iejerve should be set at £20,000. Further,. wfth the uneertslnty of ongoiTrJ secure funding, the Committee wi8hes to have a deS￿nated running co81 re8eive to allow tho 8aThic8 to op&rat8 for an addthonal three month8, 8hould Inilial fundlng 8ppllcatk)n8 of Income generation prove un8ucce88fv1. ThI8 feserve will grrfe Ihe proiecl addllional time to 8eek lundiffj or look for attomative 8ervice8 for our dients. At ba81¢ running c081 loveh th18 re8¢MI •hwld be £40.000. Rlsk Management The project Identif*& arKI man&gos risk and Wate8 re¢ord8 on thi8 ￿ a wular ba818. Princlple rl8k8 n be wmmarljed as,. Cowal Elderly Befrlendern SCIO Tru*tso•' Annual Report (¢¢rt Year ond•d 31 March 2026 ' Working with a dient group who are often frnll ' Inatslty to gener818 sulnoeni Incom• to ￿PP￿ cm adivtss ' In•ufficient to operate for 3 monlhj l*llry to an un8U8tain8ble oryanllafjon W• hav• prOc•juf￿ In pkn to manage the80 fi•k•. Incl￿11￿ orvJolng dient and a¢tNIkn rl8k •cwing arKI coniinued and updthg of luNlirya 8trattyy. Rl$k• relatlry to thé Hoallh and Satsty ol Itsff, volunteeij. and vbltorn to our prnml8eJ are Incorporat￿1 within our HeaAh arKI Safety prrx*Juro8. These rellect the rwulrements of th8 Heallh and Safety at Act (1974) and 8ub8•quent legisl*th)n. Cowal Elderly Befrlendern SCIO Indopendont Examlnarfs Report to the Tru8to0• of Cowal Eldoty Bofrlendern scio Year •nd•d 31 March 2025 I report on the accounts ol tho Charity for year ernled 31 Mafch 2025 which ore sol oui on p8ge$ 1 to 25. R•8p•cllv• mpon8lbllltl•8 of trustM• and •xamln•r Tha charty'8 tru8t885 8re re8ponwbl8 for tho preparalbn ol the account8 In accordance w+th the ternig of the Chaniies and Trusiee Invesiment {Scodand) Acl 2005 and Ihe Chairties Accounts n 1, which gNes me rea80nable cause to believe that In any materiAI respect the requirement8: to keep accounting records in accordanc* wth Section 44{1) la) of the 2005 Act and Regula11￿ 4 of the 20(￿ A￿urrtS Rogulati￿8 io prepafe accoun18 whlch 8c£orf wllh the ac¢ounllng record8 and eompiy w*lh Re9iilalk)n 8 of Ihe 20￿ Accounts Regulgtlons have nol beon met, or to which. In my oplnion. attenih)n 8houbJ be drawn In order 10 enabla a PfOP?r under8tsndln9 of the accounts lo ￿ feached. 28 November 202S Cowal Elderly Befrlonders SCIO Statement of Flnanclal Actlvltle• Y•ar •nd•d 31 March 2026 2026 Unre8trkted Re6th(aed lund• lund8 Total fvnd• Total lund8 2024 Not• Incom• and •ndowm•nl• Donatlon$ and leg8de• Ch8riiable actfvllbes Other tradlng acilvltte8 Inve81meni Incom8 Other Income 21.694 123.884 146,578 64,900 113,074 38,123 1.758 678 676 Total Incom• 23,272 188.784 212,066 150.957 Exp•ndltsr• Expenditur8 on r8&thg lund$.' Costs of othef Ir8dlng actlvi Expenditure on charrtable actsvil Totsl •xp•ndltur• 3,183 25,572 28,755 3.183 231,011 234,194 2,768 184,764 187,532 205,439 205.439 N•t •xp•ndlknr• (5,4831 (18,655) 122.138) (36,5751 Transfern beiween funds N•t mov•m•nl In fund• (5,484) {18,654) (22.1381 (38.575> R•conclllall¢)n ol lund• Total fvnd8 brought lomard Tot•1 lund• rArrl•d lorwa 19,037 13,553 118.948 102,292 137,983 116,846 174,558 137,983 The sthtornent of financial aclivrtm Indudes ali gains and1068eJ reeognffjed in thé Y￿r, All Income and expondllurn defve frryn ¢(￿tInU1￿ •thllb•s. Th• not•• on pag•• 12 10 26 lonn p•rt of thM• fiMn¢l•l •tat•m•nt•. 10. Cowal Elderly Befrlenders SCIO ststement of Flnanclal P￿ItIon 31 March 2026 2026 2024 Flx•d a•••l• Tanglble fixed assets 17 63.311 78.985 Curr•nt apA•t• 08btor• Ca6h al b8nk and In hand 3.245 61.689 12.936 50,582 64.934 83,518 Cr•dltor•: amounts tslllng du• wlthln on• ymr N•t curr•nt ••Mts 62.634 61,018 Tptsl aM•t• l•M curr•nt Il•bllltl•• 115.840 137,983 137,983 N•t 115,845 Fund• of th• charfty Re8tncted funds Unfe81rScted fund8 102,292 13,553 110.845 118,948 19.037 Total Charlty lund• 137.983 These fin8nci818tatemenlg were 8pprov•d by th8 b(>8fd of tiustth• ond auth{￿••d for l••u• on 28 Novembei 2025. and are siqned on behalf of the t)oard by Th• not•• on p•gw 12 to 20 fonn part ol UIM• flMncl•l •tal•m•nt•. -11. Cowal Eldorly Befrlenders SCIO Note8 to the Flnanclal Statements Yoar and￿ 31 March 2026 G•n•rnl Inlomiatlon Th8 charty 18 a public bel￿ enlity and a regi8lered tharrty in S(yJlland arHI is unincoryjorated. The addre88 01 the prirKI)al office18 128 John Street, Dunoon, PA23 7BN, Aryyll. Statsm•nt ol ¢ompllanc• Th888 financial 8t8tèmentB have b88n prepared in c¢mpllanc* with FRS 102. The Flnancial Reporting Standard applicable in the UK and Republic of Ireland,, the Statement ol Recommended PradKe applicable to charili08 PreparK￿ th￿.[ accounts in acaxdance wrth tt Financial Reportlry Standard applFcable in the UK and RepLknk of Ireland (FRS 102> (Charities SORP (FRS 102)) and the Charrtios and TnJ￿ee InVeStrn￿ (Scotland) Act 2005 afKI the Charty Account8 (Scotland) Re9ulatiDns 20[￿ (as amerrfJ&J). Accountlng pollcl Ba818 of pr•parnllon The Ilnanclal statements h8ve been Pfep8red on the hl8tOTlcal c08t ba818, as modffSed by the revaluatiofi of certain finanoal asset6 and liabilthe8 and Investment propertw measuted al fair value thfough IrK¢)m8 or expendttur•. The flnandal statThnt8 are prepared In 8terMNJ, whlch18 the funclknal of tho enllty Golng cO￿•M There are no mfttenal uncenainlkns ab￿1 the chanty's ability to ￿n￿nUe. Judgem•nts and k•y •ourco• of ￿tImatIOn unc•rtalnty The prepawallon of the flnandal slatsrwrt8 requlre• managemenl to make ludgements, 08timate6 aThJ a88umption8 that affecl the amoun18 fvrtod. Thew 88tlmales and judgements afe contlnually reviewed and ale based on experience aNI other lactors, Including expeciation8 of future events thai are belwed lo be reasonable u￿1 the ￿rCumStan￿8. Signrficant Judgements The judgements (opart from those involvlng e8tlmallon8) that management ha8 made In the pn)ce88 01 apptying Ihe enlrtl8 accountsng policw and thai have ihe m081 8lgniflcant effecl on the amounts recoJn18e•J In the financ6al stsiements are as follows.. There are no malerial Judg&Th8nls that managemenl have made in the proces8 of applying the enlity'8 accounting pollcie8. Key 8ource8 of e81imatlon uncertalnty Accountlng é8tlrnate8 and a88umplion8 are mad8 concemiThJ the luiur8 and, by their nalur¢, wlll rarely equal the relate•J actual outcome. The key as$umptlon8 and othef sources of estimation uncertainty that have a￿anificant ri8k of causing a matenal adJu8lment io the Cal￿n9 amounts ol a88ets and liabilili88 withln th6 nexi financial yeaT are as folkn￿.. There arn no key 88tlmaies 8fKI as8umptth3 thai hav8 a wnificant rlsk of cau8ing a materlal adiu8tm8nt to the amounts of a830ts and Ilabllitkry•, 12- Cowal Elderly Befrlendors SCIO Notes to the Flnanclal Statemonts Iconts Yoar endod 31 March 2026 Aceountlng polle1•• Fund acGounllng Unre8tTkted funds are avallable for use al ts di8cretkn ol the tru8tee8 to lurthef any of Ihe ch8nty'8 purposes. D8slgnat8d fund8 are unre8trktod lund8 oarmathed by th• tru8t888 for partie￿knr futurn projact or cornmitment. R881n'ctad funds afe 8ubpctsd io re8tn'ctKJn6 on theii expendflufe declared by the donof or through the temis of an appo81, and fam Into one of two S(￿￿18880•.. re8tn.cted Income lund8 or endowment fvnd8. Incomlng r•8ourc All Incomlng te8our(w are IndLKled In tt)e 8tatem•nt of financlal athilies when entlllement hJ8 pa88ed to the L*anty. rt * Probab￿ that the economk beneffts a88ociaied with the transaction 11 flow to Ihe charlty and the amount C8n bo rellabty Th￿a&￿[8d. The ftjllowlw 8wcific pollcl88 are appl￿d to parts'culaf categone8 of incc¥ne. Incom8 from donations or grants 18 reMgni8aJ when tsre 18 evidenco of entlllement lo th8 - glft, fecelpl h probabb and rt8 amount can be mea8uied ieliabty. legacy in¢ome 18 when rwxipt 18 probable and enl1ll0m￿ Is e81ablffjhed. Income from donated good8 kn measured at the fair value of the good8 unless Ihis 18 Impractlcal to measure reliabty, In which case the value 18 derived from colt to Ihe donor or the esthmted resale value. Donated fadlities 8nd seTh6ce8 are recognised In the accounts when receiv￿1 rf the value can be r81iabty m8awrnd, No gmount8 arn included ft)r the contribulion of 9eneral volunteern. Incomo contracts lor th8 8uppty ol 8ervlc•s 18 rncogni8ed wrth the dellvery ef the contrACted Th18 is classified a8 unre8lricted fvnd8 unl088 Ihefe 18 a contfactual requiremenl fof R to be spenl on e4 pathlar purpose and letun￿d tt unspent. In which case tt may be regarded as re8iric18d. 13- Cowal Elderly Befrlenders SCIO NoteB to tho Flnanclal Statement8 (¢4 Year endod 31 March 2026 Aceountlng pollcl•• (etyWnu•dJ R••ourGH •xp•nd•d EXpe￿Ilture1& recognl8ed on an acuual8 ba818 a8 8 Ilablllty Ib 1ft￿ffed. Expondlture Include8 any VAT which cannot be fulty recovefed, and IB clas81f￿￿ under ￿dI￿8 01 the statement ol Ilnandal actlvhle8 to whlch il relate8'. exp6ndlluf• on rni8iffj lund8 Indud88 th• co8t8 of oll lundrni8iw activIt￿, events, nons8es, unless it rever8e8 a charge fof inpaiment thai has previously been, rncognised 83 oxpendilure wlthin the 8latement ol lknancial ac0v1t￿. A decfease In the carying amounl of an a88et as a resun of revaluathon, * Townised in otfw recognrted 98in8 and1088e8, except to whkh li offsets any Pfevlou8 fev8luatl¢)n galn, In ￿8& the Is stwn wllhln olher recognised gains and105883 on the statemant of financial ackn'vrtm. D•pr•clallon DepreCIa￿On 18 calculated 80 88 io wrlte off the cosi or valuatlon of an as8•t, 1888 resklual value, over tth8 econrmic lffe of ass￿ a8 lollm: Motor Vehicles Olfice Equipment r•ducing balgn¢ 2￿• redudng balgn(x Impalrni•nt of fix•d ￿•18 A review for IrKlicator8 of wnpaim)ont Is carrknj oth at each reporting dale. wlth the recoverable amount belng e8tknated where Such Indicatorn exlst. ￿ere the canying value ex¢xed8 the r6coverabl8 amounl. the a58th is iny)aired accordingty. Pn'or impalM￿nts are a￿0 revth¥¢d lor PO88lble feVef8al al exh reportlng date. -14. Cowal Elderly Befrlenders SCIO Notes to tho Flnanclal Ststements {c4wrtthwQ Yur endod 31 March 2025 Accounllng pollcl•• (C￿￿￿￿dI lrnpalrm•nt of fix•d •M•ts (widnu For the purpo8eg ol Impairmert lelllng. when il 18 nol posslblo to 88tlmate Ihe recover8ble arnount of an individual as8et, an 06tirna16 18 made ol the recover8bl& amouni ol tho ca6h4aenefatltvJ unlt to which the ao86t bok>ng•. Tho caBh•ner8tlng untt 18 th• 8mall•6t identifiable oroup of a88et8 thal indudes the as68t and generates ¢o•h knflow6 thal largely Independent of the cash inllows from otlw assets ￿ groups ol assets. For lrnpalmienl testing ol goodwlll, the goc*Jwlll acqulred In a bu8ine88 comblnation is, from the acqui8kn.on date, allocated to each of the ca8h*enerating unrts thal are expected io benefrt from tlie synergie8 01 corTibii)ation, lirespectsvtt of wh¥llwi ulhei aswts or liabililie8 of Ili(* clidrily are a88igned lo thoae unlts. Flnanclal In•trum•nts A financ￿1 a88et or a fin8naal11gblllty Is recognl8ed onty when tlw charty bOcom￿ a party to the coniractual provi8i¢)n8 of the instrumenl. Bask fln8ndal Instruments are Inrtlalty recognlsed al the amount r8celvable Of payable includlng any related tr8n6acllon ctyts. Current a888t8 And (￿rrent liabllitm ar• wbtequenty rn8a8urnd at tho Gish or other con61deraiion expert￿ 10 bo paid or rece1￿￿ nol dlswinl8d. Debt Instrumentg ar• wb•equenty m•awf*J ai arn(￿1￿ co6L Vthere Inve8trnents In 8hares ar8 publidy traded or iheir fair value can otheTh¥w be measured rellably, Ihe Invesimenl 18 subsequentty measur￿1 at f8ir value with ch8nw in fair value recognigad In inccffte and expenditure. All other suth Inve8trnents are 8ub8equeniiy measured ai ¢06t Fes8 Impalrnient. Other financial in6truments, IncludiThJ d8nvaiive8, 8fe inltially recognl8ed al falr value. unless paymenl for an assel 18 deferred beyond nomial busine38 temM lx Ilnanced at a (ale of Interesl that 18 nol a Ma￿01 rate, In which ca8e thè asset ts measuf•d al ￿ pr68eni valu6 of the firturn paymen18 dl8counled al a Ma￿et rab of Int￿1 for a slmilar debl InBlrument, Other financial In8trument8 are 8ub8equenlfy m088ureAI at fall v8lue, wllh any thange8 reco9ni8ed in the Statemenl of finan¢ial acli¥ltm, with the èXWiiM ol h•dging in8trum•nl8 in deslgnated t￿lging relatlon8hlp. Financial 488818 that ar• w￿8Sur￿l at C081 or arno￿*1 cost arn wevieW￿ for ob￿￿1ve evlden¢• of Impalrment al end of each rnporting date. If there Is ob)eLXlve evklenee of Impalrmenl. an Impairrnenl 1088 b8 recognl8ed under the appfopflate h•adlng In the liat•m￿l ol financial activttses In whKh the initsal gain was recognised. For all equlty instruments regardles8 of s1gnif￿anC•. aNI other financlal as8ets that are IndfvKlualty 8ignificanl, Ihe8e are a88e8aed Indivmjualty fof Impaimienl. Othef finanual a888ts are either a8sessed indlvldualty or grouped on the ba318 of 8imll8f credA r18k ¢har8Cteri8tics Any reversals of Impairmenl are recognlsed lrnmedlately. to the extent thal Ihe fevers81 does not resull In a carrying amounl ol the finanaal as8et that ex¢￿13 what the carrying amourn would have been had th8 Impaimwnt not previousty been reco9nis&a. Cowal Elderly Befrlenders SCIO Noto9 to the Flnanclal statsmonts {¢tythiu*Q Yur end•d 31 March 2026 Donitlon• and1•gacl•• Unre8trthd ReStn￿ Total Fund• Fund• Fundi 2026 Don•tlon• Ot￿1 Donalion8 Don8tlon - A Rekl Legacy Gfft Refund Salnts & Sinnern DOnat￿n - G Lindsay Don81k￿ - Rotary Club Dunoon 14,173 1,51)0 1.671 1,250 1,000 2,100 14.173 1,500 1,671 1,250 1,000 2,100 Grnnts Dun1088tt & Islay Comrnunlty Tnwt D8vKI Hlghgats Tnmt Bank of Scotland Foundauon National Lottery Fund CMHWB . ABTSI Scottish Gov8mffffil 3 CMHWB - ABTSI Scottsh Governmenl 4 A&BIS¢otgovlABTSIReslI￿nc¢ Age Scolland ScolGov - Impact FurKJlng 30,000 6.600 51,398 61.396 10,000 4,714 10,000 4.714 22,274 123,884 22,274 146,678 21,694 Unrestrlcled RastrKt￿ Total Fundj Fund8 Funds 2024 Donatlon• Other Donatk￿6 Donatson - A ReKI Legacy Gift Aid Refund Sainl8 & Sinner¥ Donats'on - G ￿ndSaY Don8Uon - Rotsry Club Dunc¥)n 32.373 32.373 383 1.000 Grnnt• Dunlo38lt & Islay Ctynmunty TnNt D8VKI Hwhgato TN8t Bank of Scotland Foundatk National Lottery Fund CMHWB . ABTSI Scotts'8h Govemmenl 3 CMHWB - ABTSI Scottish Govemrnnl 4 A&BIS¢olgovlABTSIRe8Ulen A96 S¢oll8nd S￿tGo¥ - Impa¢A Fundir 10,000 10,000 24,550 24,550 10.000 10,000 20.000 14,788 20,000 14,788 113,074 33,738 79,338 16. Cowal Eldarly Befrlenders SCIO Note• to tho Flnanclal Ststoments Year ond•d 31 March 2025 Charltabl• aciivld Re8InC￿ Totsi Fund• Funds 2028 Re8trKted Total Funds Funds 2024 Argyll & 8ute c￿1￿11 - Re8plte Argyll & Bule Council Klffinan Fund 15.000 39.900 10.000 16,000 39.900 10,IJOO 23.940 12.183 23,940 12,183 64.900 36,123 38,123 Oth•r tradlng athlll•• UnfestrK￿ Tolal Fund• Unrestric￿ Total Funds Fu 2025 Fund8 2024 CO SaleslR8ffl08 etc Inv•8lm•nt Incom• Unrestricted Totsi Fund• Unr08tricl8d Total Funds Fund8 2025 Funds 2024 Investment In¢ 902 1.758 1,758 Oth•r Incom• Unre8trKt8d Total Fund• Unre8tncted Total Funds FurKI8 2025 Fund8 2024 678 676 Co•ts ol oth•r lrndlng actlvlll Unrthicted T¢)t*l Fund• Unrestricted Tolal Funds Fund$ 2026 Fund8 2024 C08ts 01 other trading a￿lY1￿8 3.183 3,183 2.768 2.788 17. Cowal Elderly Befrlenders SCIO Nots8 to the Flnanclal Ststements {c4wttthu•O) Year •ndod 31 March 2026 10. Exp•ndltur• on ¢harti*bl• actfvld•• by fund typ• UnrestrKafjd Re8tncted Total Fund• Fund8 Fund• 2025 Unrestrtcled Fund Age Scolland Foundatlon GCV CMHWB A8TSI Scotltsh Govemmenl 2 ScotGov Impact Funding CMHWB ABSTI Scoltsh Govemmenl 4 Argyll & Bute Coundl - Addrtional National Lottery CMHWB ABTSI Scotttsh Govemffont 3 88nk of Scodarttl Foundation H. Fr88er Fund DavKI H￿hgate FurKI Afgyll & Bute Councll - ReBplte 'Irin8n Fund Argyll & Bute Councll Dun10s8rt181ay Communlty Tnmt Argyll & ButetscotGovlABTSI Rejlllen Support costs 18,010 16,010 16.000 15.000 22,218 833 22,218 833 21,415 9.167 24.550 21,416 9,167 24,550 5,500 16,000 10,000 35,504 20.454 4,139 31,221 231.011 15.Crf)O 10,000 35,504 20,454 4,139 21,659 9,562 25,572 205.439 Unr88th¢xed Re8ln'cl8d Totsl Fund8 Funds Funds 2024 Unrn8trlcted FurKI Age Scotland Founda￿On GCV cmHv￿ ABTSI Scotlish Govemmerrt 2 ScotGov Impad Funding CMHW6 ABSTI Scottrnh Govemment 4 Argyll & Bute Cl￿n￿l - Addthonal National Lottery CMHWB ABTSI Scotllsh Govemm8nt 3 Bank of Scotland Foundat H. Fra8er Fund DavKI Highgate Fund Argyll & Bute Council - Re8ptte Kilfinan Fund Argyll & Bute Councll Dunk)88rt Islay Community TfU8t Argyll & 8ulelScotGovlA8TSI Re811kn Support CO8ts 48,954 s,000 1.687 8,814 14,588 1 ,887 8,814 14,588 15,OCKI 15,000 833 22,504 833 22,504 2.500 10,880 18,795 10.880 18.795 5.000 11.201 21,028 32,229 58.155 126.609 184.764 18- Cowal Elderly Befrlenders SCIO Notsj to the Flnanclal Statements (¢Mthu•a) Year ended 31 March 2026 11. Exp•ndltur• on charftsbl• acllvlll•• by •cOvfty typ• undertsken direclly Suppcxt C08ts Tolal fund• 2025 Total lund 2024 Unrn8trlct&J Fund Age Scotland Foundatson GCV CMHWB ABTSI Scothh Govomment 16,010 15.1)00 26,016 16.IKrfI 57,236 5,000 1.667 8.814 14,788 ScotGov Impact Fundi CMHWB ABSTI Scottsh Govemmont 22.218 22,274 833 833 Argyll & Bute Counul - Additional Mlnibu8 Fund National Lottery CMHWB AB TSI Scotttsh Goveffln￿nt 15.000 79 82 82 21.415 21.415 9.167 24,550 9.167 24,$50 833 22.504 2,500 Bank of Scotland FourKlatlon H. Fraser FurKI Davkl Hlghgate Fund Argyll & Bute Coundl - Re8ptte A&BIS(x)tGovlABTSI R8811benc Caprtal Kilfinan Fund Wolfson Fund - Minibus Argyll & 8ute Council Robertson Fund - Minibus For Buie- Minlbu8 Plugged In C(ThmunitieB Dunlo68it IFlay Communlty Twsl Argyll & But8lScotGovlABTSI Resillence Governance co8ls 15.000 15.000 115 115 10,000 10,000 10,880 853 3,352 1,275 35,504 22,483 1,593 42 12,903 1,276 10,322 3,547 10,322 24,001 20,454 4,139 4,139 2,599 231.011 2,599 31.221 2.378 184,764 199,790 19- Cowal Elderly Befrlenders SCIO Notes to the Flnanclal Statomonts (¢Mdnu• Year endod 31 March 2026 12. Analy•l• of support co•ts Scottl8h Govemment lrnpact Funding Wolfson Fund . Argyll & Minlbu3 Bule Coundl Robertson Fund - Minibu8 Unr88trfctod Funds Mlnlbus Fund Staff c08t8 Prern18e8 Communicatlon3 and IT General office Governance c08t8 Depreciation Management C08t8 Recruitment C0818 Sub8cnptK)ns 4,217 1.800 28 1.719 556 2,888 1.043 82 853 1,275 28 150 62 853 4,395 1.275 Dun1088rt 18lay A&8IScotGovl For Bute - Plugged-ln Communrty ABTSI Minlbu8 Communlties Tw81 Resllience Total 2025 ,Tot812024 Staff co818 Premises Communlcallon8 and IT General office Govemanco c08tA Dep￿Ciall Managemenl C08ts Recrullm8nt Cost8 SubscrtPllon8 4,217 3.874 3.883 2.981 2,074 723 800 1,261 2,319 2,699 16,649 1.253 1,285 2,376 18.963 10.322 115 930 1,395 160 302 180 133 180 10,322 4,547 115 31,221 32,229 13. N•t •xp•ndltur• Not eX￿ndIture is 6tatod aftol ￿￿gI￿(Cred￿.ry): 2028 2024 D0preGIatk￿ of tanglble fixed a8Wts 16,S49 18,983 Cowal Elderly Befrlenders SCIO Notes to the Flnanclal Statemonts (condn￿o Year endod 31 March 2026 1& Ind•p•nd•nt •xamlnaiion l••• 202S 2024 Fee8 payable to the irKlep8ndent exarninor for, Independent examinalion ol Ihe financial 31alement• 2,606 2.376 16. 8i•ff C￿*8 The total 8taff ¢08ts and •Jnpknyae be￿ffl5 for Iho anatysed as follm,, 2025 2024 Wage8 and 8alan 167.837 126,544 Th8 avèrage head count of employoo8 durlrva th8 year was 8 (2024.. 8). No employ￿ rec8lved employee beneffts ol mofe than £60,000 durlng Ihe year (2024.. NII). 16. Tn￿t•• rnmun•rntlon and •xp•ns No rernuner8tson or other b8nefft8 frwi employmenl with ts charity Of a r•lated entlty Wafe received by the tru8tee8. 17. Tanglbh flx•d aM•ts Motor vehicles Prvpety Equlpmeni Totsl Co•t Al 1 Aprfl 2024 Addrtion8 167.384 9,022 1,895 177,496 1,896 179,391 At 31 Mar¢h 2025 1,110 187,364 10,917 D•pr•¢latlon Al 1 April 2024 Charge for the year At 31 March 2026 92,591 14,954 107.545 100,531 15,549 595 8,535 116.080 Carylng amount At 31 March 2025 1.110 59.819 2.382 83.311 At 31 March 2024 1,110 74,T13 1.082 78.965 18. . D•btor• 2026 2024 Prepayments arKI 8cell￿ Income Other debtors 675 2.670 S75 12,381 12,938 21 Cowal Elderly Befrlenders SCIO Note8 to the Flnanclal Ststements {C￿￿￿U•¢ Y•ar endod 31 March 2025 19. Cr•dltor•: amouni• 14lllng du• wlthln on• y•ar 2026 2024 AccruAls and delefred Incor Pension Credltor 2.400 100 20. Analy•l• of ch4rftabl• lund• Unmtrict•d fund• At 1 Apr612024 At InccThe Expendrturn Transfern 31 M•r¢h 2026 Unrestricted Fund De8i9n8ted Fund . Running Cost Re8erve De8￿nated Fund - Windlng D¢)wn (40,963) 23272 (28.755) {1) (46,447) 40,(X)O 20,000 19,037 20,000 13,663 23,272 (28,755> (1) At Tramfern 31, March 2024 1 Apnl 2023 In¢ome Exp¢ndtturo Unre8trict8d Fund Deslgn8ied Fund - Running Cost Reserve Desunated Fund . Winding D¢)wn (25,$381 35,496 (80,923) 10.(XIO <40.963) 40,000 40.000 30.000 (10.000) 20.000 19,037 35.498 (60.923) PurpD8e8 of De8lgnated Furnls WEndlng Dtrwn Fund: The Management Committee has de8ffjnat8d fu￿8 for any futurn wlfKlir¥J down costs that may arl80 lhwld thè tharity cea80 to contlnua. ()08ignated Runnlng Cost Reeerve: The Management Commrtlee wishes to hav8 a deS￿nated running Cost reserve to allow ihe 8ep4lce to operale lor an 8ddltlonal Ihree months, Should Inltlal fundlng applicallon8 or Income generation prove un8ucce$8ful. This reserye will gNe the project addrtional lime to 808k or look lor altemalSve 8ervth for Ouf dlents. -22. Cowal Elderly Befrlenders SCIO Notes to th• Flnanclal Statements (eMdnu• Year endod 31 March 2026 20. Analy•i• ol ¢hartlabl• fund• (condn￿￿ R•8trlct•d luTrd8 Al 1 Apnl 2024 At Tran8fern 31 March 2025 Inc¢xne Expernlhur Mlnibus Fund 2017118 88nk of ScotlarKI Foundation Fund H Fraser Fund Kllfinan Fund Wolf80n Fund Robertson Fund - Minlbus Fund For Bute- Minibu8 Fund Dunlo88ht Islay Communty FurKI Age Scolland Robertson Tru8t - Minibus Fund Plugged In Commun1ts8 - Minibu8 Fund 314 (82) 262 24,550 (24.550) 2,5(K) 10.000 (10,000) (853) 2,500 3.411 1,573 168 <315) (34) 1,268 134 {25.000) (15.000) 10,000 15,000 (960) 51,811 (10.322) 41,289 -23- Cowal Elderly Befrlenders SCIO Noto8 to tho Flnanclal Statemonts Yoar ended 31 March 2026 20. Analy•l• ol eharltsbl• lund• (¢onllnw A + B Council CMHWB ABSTI S(x*ll8h Govemment 2 Foundalbon GCV Argyll & Bulè Coundl - Addlllon81 CMHWB A8STI Scottknh Government 3 ScolGov Impact Fundlng CMHiNB ABSTI Scottknh Governm8nt 4 Natlonal Lottery FurKI Da¥￿ Hlghgate Trust Argyll & 8ute Councll - Resprte A&BIS(x)tGovlABTSI Re8ilientX A&81ScotGovlABTSI Ra811￿nce - Caprtal {1) 39.900 (39.900) 0,187 (9.167) 122,274) 22.274 10,WO 51,396 5,SCK) (833) <21,415) (5.500) 9,167 29,981 15.000 (15.000) 4.139 14.139) 575 (115) (205.439) 118,946 188.784 102,292 At 1 Aprfl 2023 At Tran8fern 31 Marth 2024 Incom• Expendiiure Minlbus Furnl 2017118 Bank ol Scouand Foundation Fund H Fraser Fund Kllllnan Fund Wolfson Fund Roben8on Fund - Minibus Fund For 8ut8 - Mln*Jus Fund Dunlo88il1818y Communlty Fund Age Scouand Robert80n TfU8t - Minibui Fund 393 (79) 314 24.550 (22,504) {2,500) (10,880) (1.066) 24.550 2,500 1.197 5.330 12,183 2,500 4.284 (393) (42) 1.573 188 210 10.000 20.000 (5.000) <5.000) 6.00) 15.000 8,OlXI (1,200) 4.800 Cowal Elderly Befrienders SCIO Notog to th• Flnanclal Stat•mont• Year ended 31 March 2026 20. Anaty•l• of ¢harhabl• fund• i¢o•thw Plugged In Ccmmunlll88 Minibus Fund A + B Councll CMHWB ABSTI Scoiitsh Govefnmtnl 2 Foundation GCV Afgyll & Bute Coundl - Additional CMHW8 ABSTI Sc 15,0(Kl (15.OLYJ) 10.000 14,788 (833) (14,788> 9,187 130.094 115.481 (126.809) 118.946 21. Analy•l• of n•t ••••ts ts•t￿n fvnd• Unre8tncaed Re8tri¢#ed Tolal Fund• Funds Fund8 2025 Tanglble fixed a88ets Current a388ts Creditors le88 than 1 year N•t au•ts 12,887 3.286 (2,400) 13,553 63,311 rA,934 12,4001 116,846 51,648 102.292 unr88trK￿ R•8trKted Total Funds Funds Funds 2024 Tanglble fixed a888ts Current assets Creditors le58 than 1 year 14,235 62,730 $8,216 78,965 83.518 (2.500) 137,983 (2,500) 19,037 N•t a•Mt• 118.948 .28-