**REGISTERED CHARITY NUMBER: SC002825** 

## Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 30 September 2025 

for 

Minginish Community Minibus Group SCIO 

Donald Rankin Business Services Tigh an Oisean Bridge Road PORTREE Isle of Skye Highland IV51 9ER 



Minginish Community Minibus Group SCIO 

## Report of the Trustees 

for the Year Ended 30 September 2025 

The trustees present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

To operate and maintain a wheelchair accessible minibus as a resource for the benefit of the Minginish community,  with the aims of relieving the social isolation caused by our geographical remoteness, and advancing the education and welfare of the more vulnerable sections of the community: young people, older people and people with disabilities. (b) To extend the availability of the bus to the wider community whenever possible. (c) To fundraise in order to replace the minibus as required. 

## **ACHIEVEMENTS AND PERFORMANCE** 

We continue to provide much needed transport for groups in our remote community. Our local primary school continue to use the bus on a regular basis for sports and educational events. The bus is also used by other local groups and families for social events. 

## **FINANCIAL REVIEW Reserves policy** 

The Trustees consider the general fund of £24,176 will enable the continuation of the Groups activities for the year ahead. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** 

The charity is controlled by its governing document, a deed of trust, and as a result of a change to SCIO on 30 June  2016 now constitutes an incorporated charity. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Registered Charity number** 

SC002825 

## **Principal address** 

1 Fernilea Carbost Isle of Skye IV47 8SJ 

## **Trustees** 

D MacKay (resigned 9.4.26) N MacKay (resigned 9.4.26) K J Gillies (resigned 9.4.26) B Green (resigned 9.4.26) D J MacKay (resigned 9.4.26) Ms S Curry (resigned 9.4.26) L Lankston (appointed 9.4.26) M Kahlil (appointed 9.4.26) M MacLeod (appointed 9.4.26) 

## **Independent Examiner** 

Fiona Maclean FCCA Donald Rankin Business Services Tigh an Oisean Bridge Road PORTREE Isle of Skye Highland IV51 9ER 

Page 1 



Minginish Community Minibus Group SCIO 

Report of the Trustees for the Year Ended 30 September 2025 

Approved by order of the board of trustees on 28 June 2026 and signed on its behalf by: 

L Lankston - Trustee 

Page 2 



Minginish Community Minibus Group SCIO 

## Statement of Financial Activities 

for the Year Ended 30 September 2025 

|||30.9.25|30.9.24|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies||132|267|
|Other trading activities|2|4,241|4,845|
|**Total**||4,373|5,112|
|**EXPENDITURE ON**||||
|**Charitable activities**||||
|Community Bus Service||6,779|7,512|
|**NET INCOME/(EXPENDITURE)**||(2,406)|(2,400)|
|**RECONCILIATION OF FUNDS**||||
|Total funds brought forward||26,582|28,982|
|**TOTAL FUNDS CARRIED FORWARD**||24,176|26,582|
|||||



The notes form part of these financial statements 

Page 4 



Minginish Community Minibus Group SCIO 

## Balance Sheet 

## 30 September 2025 

|||30.9.25|30.9.24|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|**FIXED ASSETS**||||
|Tangible assets|5|13,561|15,954|
|**CURRENT ASSETS**||||
|Debtors|6|2,046|1,605|
|Cash at bank and in hand||9,091|9,349|
|**CREDITORS**||11,137|10,954|
|Amounts falling due within one year|7|(522)|(326)|
|**NET CURRENT ASSETS**||10,615|10,628|
|**TOTAL ASSETS LESS CURRENT**||||
|**LIABILITIES**||24,176|26,582|
|**NET ASSETS**||24,176|26,582|
|**FUNDS**|8|||
|Unrestricted funds||24,176|26,582|
|**TOTAL FUNDS**||24,176|26,582|
|||||



The financial statements were approved by the Board of Trustees and authorised for issue on 28 June 2026 and were signed on its behalf by: 

L Lankston - Trustee 

The notes form part of these financial statements 

Page 5 



Minginish Community Minibus Group SCIO 

Notes to the Financial Statements 

for the Year Ended 30 September 2025 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Plant and machinery - 15% on reducing balance Minibus - 15% on reducing balance 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise 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. 

## **2. OTHER TRADING ACTIVITIES** 

Hire of minibus 

|30.9.25|30.9.24|
|---|---|
|£|£|
|4,241|4,845|



continued... 

Page 6 



Minginish Community Minibus Group SCIO 

Notes to the Financial Statements - continued 

for the Year Ended 30 September 2025 

## **3. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024. 

## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

|**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>Other trading activities<br>**Total**<br>**EXPENDITURE ON**<br>**Charitable activities**<br>Community Bus Service<br>**NET INCOME/(EXPENDITURE)**<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>**TOTAL FUNDS CARRIED FORWARD**<br>**TANGIBLE FIXED ASSETS**<br>Plant and<br>machinery<br>£<br>**COST**<br>At 1 October 2024 and 30 September 2025<br>2,640<br>**DEPRECIATION**<br>At 1 October 2024<br>1,921<br>Charge for year<br>108<br>At 30 September 2025<br>2,029<br>**NET BOOK VALUE**<br>At 30 September 2025<br>611<br>At 30 September 2024<br>719|Unrestricted<br>fund<br>£<br>267<br>4,845<br>5,112<br>7,512<br>(2,400)<br>28,982<br>26,582<br>Minibus<br>Totals<br>£<br>£<br>34,335<br>36,975<br>19,100<br>21,021<br>2,285<br>2,393<br>21,385<br>23,414<br>12,950<br>13,561<br>15,235<br>15,954|
|---|---|



## **5. TANGIBLE FIXED ASSETS** 

continued... 

Page 7 



Minginish Community Minibus Group SCIO 

Notes to the Financial Statements - continued for the Year Ended 30 September 2025 

## **6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|||||30.9.25|30.9.24|
|---|---|---|---|---|---|
|||||£|£|
||Trade debtors|||1,179|1,246|
||Other debtors|||-|140|
||VAT|||867|219|
|||||2,046|1,605|
|**7.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**|**YEAR**||||
||Trade creditors|||30.9.25<br>£<br>147|30.9.24<br>£<br>-|
||Other creditors|||375|326|
|||||522|326|
|**8.**|**MOVEMENT IN FUNDS**|||||
||**Unrestricted funds**|At<br>1.10.24<br>£||Net<br>movement<br>in funds<br>£|At<br>30.9.25<br>£|
||General fund|26,582||(2,406)|24,176|
||**TOTAL FUNDS**|26,582||(2,406)|24,176|
||Net movement in funds, included in the above are as follows:|||||
||**Unrestricted funds**|Incoming<br>resources<br>£||Resources<br>expended<br>£|Movement<br>in funds<br>£|
||General fund||4,373|(6,779)|(2,406)|
||**TOTAL FUNDS**||4,373|(6,779)|(2,406)|
||**Comparatives for movement in funds**|||||
||**Unrestricted funds**|At<br>1.10.23<br>£||Net<br>movement<br>in funds<br>£|At<br>30.9.24<br>£|
||General fund|28,982||(2,400)|26,582|
||**TOTAL FUNDS**|28,982||(2,400)|26,582|
|||||||



continued... 

Page 8 



Minginish Community Minibus Group SCIO 

Notes to the Financial Statements - continued for the Year Ended 30 September 2025 

## **8. MOVEMENT IN FUNDS - continued** 

Comparative net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|Movement|
|---|---|---|---|---|
||resources|expended|in funds||
||£|£||£|
|**Unrestricted funds**|||||
|General fund|5,112|(7,512)||(2,400)|
|**TOTAL FUNDS**|5,112|(7,512)||(2,400)|



A current year 12 months and prior year 12 months combined position is as follows: 

|**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**|Net<br>At<br>movement<br>At<br>1.10.23<br>in funds<br>30.9.25<br>£<br>£<br>£<br>28,982<br>(4,806)<br>24,176<br>28,982<br>(4,806)<br>24,176|
|---|---|



A current year 12 months and prior year 12 months combined net movement in funds, included in the above  are as follows: 

|**Unrestricted funds**|Incoming<br>Resources<br>resources<br>expended<br>£<br>£|Movement<br>in funds<br>£|
|---|---|---|
|General fund|9,485<br>(14,291)|(4,806)|
|**TOTAL FUNDS**|9,485<br>(14,291)|(4,806)|



## **9. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 30 September 2025. 

Page 9 



Minginish Community Minibus Group SCIO 

Detailed Statement of Financial Activities for the Year Ended 30 September 2025 

|Detailed Statement of Financial Activities<br>for the Year Ended 30 September 2025|||
|---|---|---|
||30.9.25|30.9.24|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|132|260|
|Bus Operator grant|-|7|
|**Other trading activities**|132|267|
|Hire of minibus|4,241|4,845|
|**Total incoming resources**|4,373|5,112|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Insurance|834|769|
|Postage and stationery|28|11|
|Sundries|63|-|
|Fuel|684|818|
|Repairs & renewals|2,092|2,538|
|Road tax & licences|171|165|
|Cleaning|92|32|
|Administration|12|18|
|Depn of plant & equipment|108|127|
|Depn of minibus|2,285|2,689|
|**Support costs**|6,369|7,167|
|**Governance costs**|||
|Accountancy fees|410|345|
|Total resources expended|6,779|7,512|
|**Net expenditure**|(2,406)|(2,400)|
||||



This page does not form part of the statutory financial statements 

Page 10 



Independent Examiner's Report to the Trustees of Minginish Community Minibus Group SCIO 

I report on the accounts for the year ended 30 September 2025 set out on pages four to nine. 

## **Respective responsibilities of trustees and examiner** 

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).  The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state  whether particular matters have come to my attention. 

## **Basis of the independent examiner's report** 

My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an 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. 

Fiona Maclean FCCA The Association of Chartered Certified Accountants 

Donald Rankin Business Services Tigh an Oisean Bridge Road PORTREE Isle of Skye Highland IV51 9ER 

29 June 2026 

Page 3 



Minginish Community Minibus Group SCIO 

Contents of the Financial Statements for the Year Ended 30 September 2025 

|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|2|
|Independent Examiner's Report||3||
|Statement of Financial Activities||4||
|Balance Sheet||5||
|Notes to the Financial Statements|6|to|9|
|Detailed Statement of Financial Activities||10||