REGISTERED COMPANY NUMBER: SC274276 (Scotland)
REGISTERED CHARITY NUMBER: 024876
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
FOR
NESS SPORTS AND RECREATION ASSOCIATION
CIB Services
Chartered Accountants
63 Kenneth Street
Stornoway
Isle of Lewis
Western Isles
HS1 2DS
NESS SPORTS AND RECREATION ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
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Page |
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Report of the Trustees |
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to |
3 |
Independent Examiner's Report |
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4 |
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Statement of Financial Activities |
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5 |
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Balance Sheet |
6 |
to |
7 |
Notes to the Financial Statements |
8 |
to |
16 |
NESS SPORTS AND RECREATION ASSOCIATION (REGISTERED NUMBER: SC274276)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2025
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreportwiththe financial
statementsofthecharityfortheyearended31October2025.ThetrusteeshaveadoptedtheprovisionsofAccounting and
ReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewith the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
ThemainobjectiveofthecharityistopromotethebenefitoftheinhabitantsoftheNess,IsleofLewisandthesurroundingarea by
advancingeducationandintheinterestsofsocialwelfaretoprovideorassistintheprovisionoffacilitiesforrecreationand other
leisure-time occupation so that the conditions of life of the aforementioned inhabitants may be improved.
Significant activities
Theprincipalactivityofthecharityduringtheyearunderreviewwasthemanagementandadministrationofthe 'Sporsnis'
communityfacilityatLionel,Ness,IsleofLewisandtheproductionofthe20-pagefortnightlycommunitynewspaper'fios'.The two
lanebowlingalley,mainsportshall,fitnessroom,softplayareaandmeetingroomscontinuetobeagoodsourceofincome. The
newspaper in particular has boosted our funds with increased advertising.
Volunteers
AsSporsnisstrivestobeasuccessful,professionallyrunbusiness,therecontinuestobelessinputfromvolunteersatreception but
thecharityreliesheavilyonvolunteermechanicstomaintainthebowlingmachinery.Wearealsofortunatetohavelocal skilled
tradesmen who `fix` things free of charge. Some staff and directors continue to freely contribute their time and energy.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
One staff member has qualified as a Personal Trainer and we have started to provide Personal Training services.
Unfortunately, our development trainee has decided to leave Spòrsnis to pursue her career elsewhere.
Gymnasticscontinuestoshowgrowth,butotheractivitieshaveshownareductioninattendancewhichisbeingaddressed by
launching new activities such as Lego club which has very good attendance.
Spòrsnis has now taken over running the Ploigh, holiday activity programme which is working well.
New equipment in the Weights gym has brought it up to a high standard and we have seen an increase in gym users as a result.
Internal and external factors
Thecharityisnowlessdependentuponthesupportofpublicfundingagenciestoassistintheongoingdeliveryoftheaims and
objectives of the organisation. The trustees are confident that the main objectives for the forthcoming year will be achieved.
FINANCIAL REVIEW
Principal funding sources
Inadditiontothefundsraisedthroughmembershipsubscriptions,admissionsandsaleofthenewspaper,thecharityis partially
dependentongrants,donationsandfundraisingtofunditsoperationalcosts.Fulldetailsofthecharity'sprincipalfunding sources
are included in the notes to the financial statements.
Investment policy and objectives
Thecharity'sreservesaremaintainedinbankaccountsasthecurrentlevelofreservesarerequiredtomeettheAssociation's short
term operational requirements.
Page 1
NESS SPORTS AND RECREATION ASSOCIATION (REGISTERED NUMBER: SC274276)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OCTOBER 2025
FINANCIAL REVIEW
Reserves policy
TheGeneralfundandDesignatedfundrepresentstheunrestrictedfundsfrompastoperatingresults.Italsorepresentsthe free
reservesofthecharity.ThecostoftheSporsnisfacilityisfundedbytheincomegeneratedfromtheuseofthefacilities, fundraising
activitiesandpublicgrants.Thetrusteesconsiderthatthelevelofunrestrictedreservesheldat31October2025,whichequates to
approximatelyfourmonthsoperatingexpenditure,issufficienttomeetthedaytodayactivitiesofthecharityaspresently structured.
Thetrusteeshaveanamountof£20,000inaDesignatedContingencyfundtoassistwithfutureoperating,repairand restructuring
costs.
Duringtheyearthecharity'sresourcesexpendedexceededincomingresourcesresultinginnetexpenditureof£64,845forthe period
(2024-netexpenditureof£55,897).Thisrepresentsanincreaseof£9,844inunrestrictedfundsandadecreaseof£74,689 in
restricted funds. The unrestricted general fund has as a result increased to
£83,270
Thedecreaseinrestrictedfundsrelatesmainlytothedepreciationchargefortheyearchargedtorestrictedfundsinrespectof the
Sporsniscommunityfacility,equipmentandfittings.TherestrictedSportsCentreandEquipmentfundsrepresentthefundsraised to
assistwiththebuildingofthecommunityfacilityandthepurchaseofequipmentandfittingsandareutilisedtofundthe future
depreciation of the capital expenditure.
FUTURE PLANS
NegotiationscontinuetowardsthemanagementoftheswimmingpoolonbehalfoftheCouncil;wecontinuetoawait their
engagement.
AnewwebsiteisbeingpreparedforFioswhichwillallowsubscriberstoaccesstheirpurchasedsubscriptiondirectlyandalso the
archive.
We are seeking funding for a bike shelter and new cardio gym equipment.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
TheAssociationisacharitablecompanylimitedbyguarantee,incorporatedon6October2004.Thecompanywasestablished under
aMemorandumofAssociationwhichestablishedtheobjectsandpowersofthecharitablecompanyandisgovernedunderits Articles
of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.
Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purposes of charity law.
UnderthetermsoftheMemorandumandArticlesofAssociationtheElectedDirectorsareappointedbythemembersatthe Annual
General Meeting. One third of the Elected Directors must retire by rotation at each Annual General Meeting.
TheBoardmayalsoinviteanyNominatedMemberofthecompanytonominaterepresentativestobeappointedas Nominated
Directors. Nominated Directors do not require to retire by rotation.
Organisational structure
Theboardconsistsofvoluntarydirectorswhomanagetheaffairsofthecharitythroughregularboardmeetings.Thecharity has
revieweditsinternaloperationalstructuretoassistintheeffectivemanagementoftheorganisation.SinceNovember2011 a
managerhasbeenplacetodealwithdaytodayoperations.Thecharityhastwofulltimeemployeeandtwelveparttime employees
who assist with running the centre and the bi weekly newspaper.
Induction and training of new trustees
The charity undertakes training for trustees to ensure awareness and understanding of:-
-
the responsibilities of directors;
-
the organisational structure of the charity;
-
the financial position of the charity; and
-
the future plans and objectives of the charity.
Page 2
NESS SPORTS AND RECREATION ASSOCIATION (REGISTERED NUMBER: SC274276)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Wider network
The charity has established links with other organisations and agencies to foster the aims and objectives of the organisation.
Related parties
Thecharity'swhollyownedsubsidiarycompany,SporsnisLimited,whichwasanon-trading/dormantcompany,wasdissolved during
the year.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
SC274276 (Scotland)
Registered Charity number
024876
Registered office
Sporsnis
Lionel
Port of Ness
Isle of Lewis
HS2 0XB
Trustees
R Morrison (resigned 1.10.25)
V M Russell
O L Van Voorst
A Macleod
J Murray (resigned 29.1.25)
B M Smith Retired (appointed 26.3.25)
R Smith Retired (appointed 26.3.25)
Independent Examiner
CIB Services
Chartered Accountants
63 Kenneth Street
Stornoway
Isle of Lewis
Western Isles
HS1 2DS
Bankers
The Co-operative Bank plc
1 Balloon Street
Manchester
M60 4EP
ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompaniesAct2006relatingto small
companies.
Approved by order of the board of trustees on 27 May 2026 and signed on its behalf by:
O L Van Voorst - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NESS SPORTS AND RECREATION ASSOCIATION
I report on the accounts for the year ended 31 October 2025 set out on pages five to sixteen.
Respective responsibilities of trustees and examiner
Thecharity'strusteesareresponsibleforthepreparationoftheaccountsinaccordancewiththetermsoftheCharitiesand Trustee
Investment(Scotland)Act2005andtheCharitiesAccounts(Scotland)Regulations2006(asamended).Thecharity's trustees
considerthattheauditrequirementofRegulation10(1)(a)to(c)oftheAccountsRegulationsdoesnotapply.Itismy responsibility
toexaminetheaccountsasrequiredunderSection44(1)(c)oftheActandtostatewhetherparticularmattershavecometo my
attention.
Basis of the independent examiner's report
MyexaminationwascarriedoutinaccordancewithRegulation11oftheCharitiesAccounts(Scotland)Regulations2006. An
examinationincludesareviewoftheaccountingrecordskeptbythecharityandacomparisonoftheaccountspresentedwith those
records.Italsoincludesconsiderationofanyunusualitemsordisclosuresintheaccounts,andseekingexplanationsfromyou as
trusteesconcerninganysuchmatters.Theproceduresundertakendonotprovidealltheevidencethatwouldberequiredinan audit,
and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention :
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
-
to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
-
to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
John E Moffat BA FCA
The Institute of Chartered Accountants in England and Wales
CIB Services
Chartered Accountants
63 Kenneth Street
Stornoway
Isle of Lewis
Western Isles
HS1 2DS
27 May 2026
Page 4
NESS SPORTS AND RECREATION ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2025
Unrestricted
Restricted
funds
funds
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
3,899
-
Charitable activities
4
Charitable activities
201,239
13,500
Investment income
3
449
-
Total
205,587
13,500
EXPENDITURE ON
Raising funds
15,008
-
Charitable activities
Charitable activities
180,735
88,189
Total
195,743
88,189
NET INCOME/(EXPENDITURE)
9,844
(74,689)
RECONCILIATION OF FUNDS
Total funds brought forward
73,426
580,635
TOTAL FUNDS CARRIED FORWARD
83,270
505,946 |
31.10.25
31.10.24
Total
Total
funds
funds
£
£
3,899
6,031
214,739
179,383
449
42
219,087
185,456
15,008
11,269
268,924
230,084
283,932
241,353
(64,845)
(55,897)
654,061
709,958
589,216
654,061 |
|
|
The notes form part of these financial statements
Page 5
NESS SPORTS AND RECREATION ASSOCIATION (REGISTERED NUMBER: SC274276)
BALANCE SHEET
31 OCTOBER 2025
Notes
FIXED ASSETS
Tangible assets
9
CURRENT ASSETS
Debtors
10
Cash at bank
CREDITORS
Amounts falling due within one year
11
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
13
Unrestricted funds:
General fund
Designated Contingency fund
Restricted funds
TOTAL FUNDS |
31.10.25
£
523,166
15,305
58,369
73,674
(7,624)
66,050
589,216
589,216
63,270
20,000
83,270
505,946
589,216 |
31.10.24
£
594,871
6,856
60,290
67,146
(7,956)
59,190
654,061
654,061
53,426
20,000
73,426
580,635
654,061 |
|
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006fortheyear ended
31 October 2025.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyearended31October2025 in
accordance with Section 476 of the Companies Act 2006.
-
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 6
NESS SPORTS AND RECREATION ASSOCIATION (REGISTERED NUMBER: SC274276)
BALANCE SHEET - continued 31 OCTOBER 2025
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitablecompaniessubjectto the
small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon27May2026andweresignedon its
behalf by:
O L Van Voorst - Trustee
The notes form part of these financial statements
Page 7
NESS SPORTS AND RECREATION ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUK and
RepublicofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting
StandardapplicableintheUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancialstatementshave been
prepared under the historical cost convention.
Theseaccountsarepreparedinpoundsterlingwhichisthefunctionalcurrencyofthecharityandareroundedtothe nearest
£.
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Financial reporting standard 102 - reduced disclosure exemptions
Thecharitablecompanyhastakenadvantageofthefollowingdisclosureexemptioninpreparingthesefinancial statements,
as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
the requirements of Section 7 Statement of Cash Flows.
Preparation of consolidated financial statements
ThefinancialstatementscontaininformationaboutNessSportsandRecreationAssociationasanindividualcharityand do
notcontainconsolidatedfinancialinformationastheparentofagroup.ThecharityhastakentheoptionunderSection 398
oftheCompaniesAct2006andRegulation6oftheCharitiesAccounts(Scotland)Regulations2006notto prepare
consolidatedfinancialstatementsasthecharityanditssubsidiary,SporsnisLimited,qualifyasasmallgroupandthe gross
income of the group is below the charities group accounts preparation threshold.
Critical accounting judgements and key sources of estimation uncertainty
Thekeyassumptionsconcerningthefutureandotherkeysourcesofestimationuncertaintyatthereportingdatethathave a
significantriskofcausingamaterialadjustmenttothecarryingamountsofassetsandliabilitieswithinthenextfinancial year
relate to the useful economic lives and residual values of tangible fixed assets.
Theannualdepreciationchargefortangiblefixedassetsissensitivetochangesintheestimatedusefuleconomiclives and
residualvaluesoftheassets.Theyareamendedwhennecessarytoreflectcurrentestimates,futureinvestment, economic
utilisationandthephysicalconditionoftheassets.Detailsofthevaluesoftangiblefixedassetsareincludedinthenotes to
the financial statements..
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,itis probable
that the income will be received and the amount can be measured reliably.
GrantsgeneratedtosupporttheobjectsofthecharityandwithoutfurtherspecifiedpurposearetakentotheStatement of
FinancialActivitiesinthatperiod.Grantsreceivedwhicharerelatedtocapitalexpenditureorareforaspecifiedpurpose are
transferredtoRestrictedFundsandareutilisedtofundthefuturedepreciationoftherelatedcapitalexpenditureorfund the
costs relating to the specified purpose.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommittingthecharityto that
expenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandtheamountof the
obligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassified under
headingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticular headings
they have been allocated to activities on a basis consistent with the use of resources.
continued...
Page 8
NESS SPORTS AND RECREATION ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
1. ACCOUNTING POLICIES - continued
Raising funds
Costsofgeneratingfundscomprisethecostsassociatedwithattractingvoluntaryincomeandthecostsof fundraising
activities.
Charitable activities
Charitableexpenditurecomprisesthosecostsincurredbythecharityinthedeliveryofitsobjectsandactivities.It includes
bothcoststhatcanbeallocateddirectlytosuchactivitiesandthosecostsofanindirectnaturenecessarytosupport them.
The allocation of direct and support costs are analysed in the notes to the financial statements.
Governance costs
Governancecostsincludethosecostsassociatedwithmeetingtheconstitutionalandstatutoryrequirementsofthe charity
and include audit fees and costs linked to the strategic management of the charity.
Allocation and apportionment of costs
AllcostsareallocatedbetweentheexpenditurecategoriesoftheStatementofFinancialActivitiesonabasisdesigned to
reflecttheuseoftheresource.Costsrelatingtoaparticularactivityareallocateddirectly,othersareapportionedon an
appropriate basis e.g. estimated usage.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Buildings- 4% on cost
Bowling equipment- 10% on cost
Equipment and fittings- 20% on cost
Tangiblefixedassetsarestatedatcostlessaccumulateddepreciation.Thecostsofminoradditionsorthosecosting below
£100 are not capitalised.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity.Restrictionsarise when
specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Foreign currencies
Assetsandliabilitiesinforeigncurrenciesaretranslatedintosterlingattheratesofexchangerulingatthebalance sheet
date.Transactionsinforeigncurrenciesaretranslatedintosterlingattherateofexchangerulingatthedateof transaction.
Exchange differences are taken into account in arriving at the operating result.
Pension costs and other post-retirement benefits
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayabletothecharitable company's
pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Investments
Fixed asset investments in group undertakings are stated at cost less accumulated provision.
continued...
Page 9
NESS SPORTS AND RECREATION ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
2. DONATIONS AND LEGACIES
Donations
Gift aid
INVESTMENT INCOME
Bank account interest
All investment income arises from assets held within the UK.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Shop Income
Charitable activities
Newsletter income
Charitable activities
Rental income
Charitable activities
Grants
Charitable activities
Membership fees
Charitable activities
Sports and fitness income
Charitable activities
Bowling income
Charitable activities
Employment Allowance
Charitable activities
Showers/waste disposal income
Charitable activities
Printing income
Charitable activities
Renewables income
Charitable activities
Grants received, included in the above, are as follows:
Comhairle nan Eilean Siar
Comhairle nan Eilean Siar - CRF
Lewis and Harris Sports Council
Urras Oighreachd Ghabhsainn
National lottery fund
Sea Changers
The Scottish Beacon
CNES Community Transport |
31.10.25
31.10.24
£
£
3,558
5,392
341
639
3,899
6,031
31.10.25
31.10.24
£
£
449
42
31.10.25
31.10.24
£
£
9,813
7,077
44,490
42,738
20,814
19,476
63,990
35,263
3,215
3,096
35,214
28,286
21,467
23,935
8,100
4,919
5,231
4,795
875
609
1,530
9,189
214,739
179,383
31.10.25
31.10.24
£
£
-
1,800
11,100
-
-
1,747
45,000
30,870
3,640
-
-
846
750
-
3,500
-
63,990
35,263 |
31.10.25
31.10.24
£
£
3,558
5,392
341
639
3,899
6,031
31.10.25
31.10.24
£
£
449
42
31.10.25
31.10.24
£
£
9,813
7,077
44,490
42,738
20,814
19,476
63,990
35,263
3,215
3,096
35,214
28,286
21,467
23,935
8,100
4,919
5,231
4,795
875
609
1,530
9,189
214,739
179,383
31.10.25
31.10.24
£
£
-
1,800
11,100
-
-
1,747
45,000
30,870
3,640
-
-
846
750
-
3,500
-
63,990
35,263 |
|
|
35,263 |
3. INVESTMENT INCOME
4. INCOME FROM CHARITABLE ACTIVITIES
continued...
Page 10
NESS SPORTS AND RECREATION ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|
31.10.25 |
31.10.24 |
|
£ |
£ |
Depreciation - owned assets |
82,455 |
82,455 |
6. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31October2025norfortheyear ended
31 October 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024.
7.
STAFF COSTS
Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Charitable activities |
31.10.25
31.10.24
£
£
118,008
111,024
8,250
4,919
1,383
1,025
127,641
116,968
31.10.25
31.10.24
11
11 |
|
|
No employees received emoluments in excess of £60,000.
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
6,031
Charitable activities
Charitable activities
177,812
Investment income
42
Total
183,885
EXPENDITURE ON
Raising funds
11,269
Charitable activities
Charitable activities
149,783 |
Restricted
funds
£
-
1,571
-
1,571
-
80,301 |
Total
funds
£
6,031
179,383
42 |
|
|
185,456 |
|
|
11,269
230,084 |
continued...
Page 11
NESS SPORTS AND RECREATION ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
funds
£
Total
161,052
NET INCOME/(EXPENDITURE)
22,833
RECONCILIATION OF FUNDS
Total funds brought forward
50,593
TOTAL FUNDS CARRIED FORWARD
73,426
9.
TANGIBLE FIXED ASSETS
Bowling
Buildings
equipment
£
£
COST
At 1 November 2024
1,722,026
118,756
Additions
-
-
At 31 October 2025
1,722,026
118,756
DEPRECIATION
At 1 November 2024
1,169,036
100,297
Charge for year
68,880
2,930
At 31 October 2025
1,237,916
103,227
NET BOOK VALUE
At 31 October 2025
484,110
15,529
At 31 October 2024
552,990
18,459
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income |
Restricted
funds
£
80,301
(78,730)
659,365
580,635
Equipment
and
fittings
£
172,627
10,750
183,377
149,205
10,645
159,850
23,527
23,422
31.10.25
£
10,949
4,356
15,305 |
Total
funds
£
241,353
(55,897)
709,958
654,061
Totals
£
2,013,409
10,750
2,024,159
1,418,538
82,455
1,500,993
523,166
594,871
31.10.24
£
2,649
4,207
6,856 |
|
|
|
continued...
Page 12
NESS SPORTS AND RECREATION ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
VAT
Other creditors
Accrued expenses
12.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
funds
£
Fixed assets
21,262
Current assets
69,632
Current liabilities
(7,624)
83,270
13.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated Contingency fund
Restricted funds
Revenue Grants fund
Equipment fund
Sports Centre fund
TOTAL FUNDS |
Restricted
funds
£
501,904
4,042
-
505,946
At
1.11.24
£
53,426
20,000
73,426
-
27,645
552,990
580,635
654,061 |
31.10.25
£
3,184
-
1,304
367
2,769
7,624
31.10.25
Total
funds
£
523,166
73,674
(7,624)
589,216
Net
movement
in funds
£
9,844
-
9,844
4,042
(9,851)
(68,880)
(74,689)
(64,845) |
31.10.24
£
200
2,426
3,470
640
1,220
7,956
31.10.24
Total
funds
£
594,871
67,146
(7,956)
654,061
At
31.10.25
£
63,270
20,000
83,270
4,042
17,794
484,110
505,946
589,216 |
|
|
|
|
continued...
Page 13
NESS SPORTS AND RECREATION ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Revenue Grants fund
Equipment fund
Sports Centre fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Designated Contingency fund
Restricted funds
Equipment fund
Sports Centre fund
TOTAL FUNDS |
Incoming
resources
£
205,587
13,500
-
-
13,500
219,087
At
1.11.23
£
30,593
20,000
50,593
37,495
621,870
659,365
709,958 |
Resources
expended
£
(195,743)
(9,458)
(9,851)
(68,880)
(88,189)
(283,932)
Net
movement
in funds
£
22,833
-
22,833
(9,850)
(68,880)
(78,730)
(55,897) |
Movement
in funds
£
9,844
4,042
(9,851)
(68,880)
(74,689)
(64,845)
At
31.10.24
£
53,426
20,000
73,426
27,645
552,990
580,635
654,061 |
|
|
|
|
continued...
Page 14
NESS SPORTS AND RECREATION ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
13. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Revenue Grants fund
Equipment fund
Sports Centre fund
TOTAL FUNDS
FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
183,885
(161,052)
22,833
1,570
(1,570)
-
1
(9,851)
(9,850)
-
(68,880)
(68,880)
1,571
(80,301)
(78,730)
185,456
(241,353)
(55,897) |
|
|
General fund
The general fund represents unrestricted funds which the trustees are free to use in accordance with the charitable objects.
Designated Contingency fund
Thisrepresentsunrestrictedfundsdesignatedbythetrusteestoassistwithfutureoperating,repairandrestructuring costs.
Therewasatransferof£20,000fromthisfundtogeneralfundduringtheyearended31October2023toassistwith the
charity's costs during that year.
Revenue Grants fund
This represents grants received from public funding agencies and trusts in respect of specified revenue costs.
Equipment fund
Thisrepresentsthegrantsanddonationsreceivedinrespectofequipmentpurchasedforusebythecommunity.The funds
are utilised to fund the future depreciation of the capital expenditure.
Sports Centre fund
Thisrepresentsthefundsraisedfromvariousorganisationstoassistinthebuildingofamulti-purposecommunity facility.
The funds are utilised to fund the future depreciation of the capital expenditure.
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 October 2025.
continued...
Page 15
NESS SPORTS AND RECREATION ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
15. LIMITED BY GUARANTEE
Thecompanyislimitedbyguaranteeandhasnosharecapital.Theliabilityofeachmemberintheeventofthe company
being wound up is restricted to £1.
16. PERMANENT ENDOWMENTS
The charity does not have any permanent endowments.
Page 16