REGisfERED COMPANY NUMBER.. SC196243 Iscgtlandl REGISTERED CHARTIY NUMBER.. SC029027 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 FOR THE ARRAN ACCESS TRUST
ThE ARRAN ACCESS TRUST CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENIIED 30 SEPTEMBER 2025 Report of the Trustees Ito3 Independent Examiner's Report St3tement of Financial Activities Balance Sheet 6t07 statement of Cash Flow5 Notes to the Fin3ncial Statements 9t014
THE ARRAN ACCE55 TRUST REPORT OFTHE TRUSTEE5 FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trustees who 3re also director5 of the charity for the purposes of the Companles Act 26, presenttheir report with the financial statements of the charity forthe year ertdetl 30 Septèmber 2025. The trustees have adopted the provi5ion5 of the statement of Recommended Practlce ISORPI FR5102'Accounting and Reporting by Charities, (revised in 20151. REFERENCE AND ADMINISTrATIVE DEfAILS Registered Company Number SC1962431Scotlandl Registered Charity Numbei SC029027 Reglstered Offtce Arran Communty & voluntsry serVe Park Terrace Lamlash 151e of Arran KA27 ANB Trustees S R Blake K J Morrlson M Whitmore Dr K E Samp50n Attlng Chalrperson Treasurer Direttor Director Independenl examiner Arran Accountants AlÈxanders 8rodick Isle of Arran KA27 8AJ Bankers ank of Scotland 57 Dockhead Street Saltcoats KA215EY Solicltors Messrs J & H Mitchell 51 Atholl Rr&ad Pitlochry Perthshire PH16 5BU Page I
THE ARRAN ACCESS TRUST REPORTOF THE TRUSTEES FOR THÉ YEAR ENDED 30 SEPTEM8ER 2025 FINANCIAL REVIEW R•seYves pollcy Unrestricted funds.. these consist of funds which are available to the charity to use in lurtherance of achieving its objectives. The unrestricted fund balance of £24.443 represents the free reserves of the charlty arlslng from operatlng results. The trustees would lik• to apply "b4ist practko~ and have free reserves at a level wh5ch would cover at least three months operat1 3Ctlvlty. Restricted funds 8re those to whlch Income has been received with the condition that it be reserved lor particular purpose. At 30¢h September 2025, a total of £ll.000 ha5 been corried forward 35 restricted income. This was reived from Arran Community Council and Arran Trusttoward5 extensive repairs to the Goatfell footpath. Principal funding sources During the year, the Crity received donations and subscriptions. AATGenèral Work The volunteerfs groups have continuÈd to gwe coDsider8ble support to the Trust with work being completed all over the Island. FUTIJRE DEVELOPMENTS The Trust will continue to attempt to resolve any access issues brought to their attentlon. They w111 also continue to seek funding to create and maintain paths on the Isle of Arran in ¢onjun¢tion with blIandOWnerS and the neeL15 of the general Work will contlnue on the Coastal Way trails. The Arran Acte55 Trust will continue to work together with other organisation on Arran to achleve good managemtnt ol the island's footpath network. Approved by order of the board of trustees on 141h April 2026 and signed on its behalf by= K J Morrlson-Tru5tee Page 3
THE ARRAN ACCESS TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unrestri<ted funds Restricted Z025 Total 2024 Total fynd5 lunds fund5 Notes INCOME AND ENDOWMENTS FROM.. Donations ènd legacies 5,385 5,385 340 11,215 215 340 11,000 11,000 26,383 TOTAL INCOME 5,725 11,000 16,72S 37,813 EXPENDITUR£ ON.. Charitable activitÈS 4,716 4,716 48,982 TOTAL EXPENDITURE 4,716 4,716 48,982 NET INcoM£/IEXPENDUTRE 1,009 11.000 12,009 111.1691 Reconci11iatlon of funds.. TOTAL FUNDS BROUGHT FORWARD 23,434 23,434 34,603 FUND TRANSFERS TOTAL FUNDS CARRIED FORWARD 24,443 11,000 35,443 23,434 All the actwites of the charity relate to continuing attivltes. The notes form part of these financial statements Pa8e 5
THE ARRAN ACCESS TRUST BALANCE SHEET AS AT 30 SEPTEMSER 2025 FIXED sET$ Notes 2025 2024 Tangible a55ets 3,165 4,220 CURRENfA55ETS Cash at bank in hand 32,853 25 19,789 25 Prepayments 32,8?8 19,814 CREDITORS Amount5 falling due within one year io I6) 16(N)I NET CURRENT ASSETS 32.278 19.214 TOTAL ASSETS LESS CURRENT LIA81LITIES 35,443 23,434 NET ASSEYS 35,443 23,434 FUNDS Unrestricted funds 12,13 24,443 11,000 23,434 Restricted funds TOTAL FUNDS 35.443 23.434 Tho note5 form part of these financial statements Page 6
THE ARRAN ACCESS TRUST BALANCE SHEET- CONTINUED AS AT 30 SEPTEMBER 2024 The charitable company is entitled to exetnption from audit under Sectlon 477 of the Companies Act 2006 relatin8 to sm411 Companles for the ye3r ended 30 September 2024. The members have not required the charitable cornpany to obtain an audit of Its finsntial statementg forthe year ended 30 September 2024 in accordanc& with Section 746 of the Companies Act 20Qb. The trustees acknowledge thelr responsibillties for.. lal en5urinE that the charitable company keeps accounting records ttst cornply wrth Sections 386 and 387 of the Companies Act 2006 and Ibl preparin8 financial statement5 whith give true and fair vlew 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 accordancè with the requirements of Sections 394 ènd 395 and whith otherwise comply with the requirements of the Companies 26 relating to financiè statements, so far as applicable to the charit3ble company. These financlal statements have een Prepared in accordance wrfch the 5peclal provisions of Part 15 of the Companies Act 2006 relating to small charrtbale companie5. The financial 5tatement5 wère approved by the Board ofTrustees on Ilth March 2025 and were slgned on its behalf bv.. K l Morrison- Trustee Company number- SC196243 The notes form part of these financial statements Page 7
THE ARRAN ACCESS TRUST STATEMENT OF CASH FLOWS FOR ThE YEAR ENDED 30 SEPTEMBER 2025 202S 2025 2024 ZO24 Cash flows from operatlng attivities Net lexpendktuiellincome for the period Depreciatlon tharges Increaselldecreasel In creditors 12,OD9 1,055 1,407 12.6921 C3sh prowded by operating activities 13,064 112,4541 Cash flowsfrom Investing activit5e5 IPurchasesl/Sale5 of fixed assèts Cash (used inl investing activities In¢rease/ldecreasel ifj cash aThd cash equivalents in the year 13,064 112,4541 Cash and cash equivalentsat the beEinThin8 of the year 19,789 32,243 Total cash and cash equivalents at the Ènd of the year 32,853 19,789 Cash and cash equlvalents comprlse.. Cash at bank and in hand 32,851 19.789 Page 8
THE ARRAN ACCESS TRVST NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ÉNDED 30 SEPTEMBER 2025 Accountlng Policies Ba515 of a£countin8 The financi31 statements h3ve been prepared on a going concern basis in accordance with applicable accounting 5tèndards and under the historical cost convention. The charity 15 a Public Benefit Entity company limited by guarantee, incorporated in Scotland with the registered office as noted on page l. The financial statements are compliant with the charitws constitution, the Companies Act 2006, the Charities and Trustee Investment Iscotlèndl Act 2005, the Charities Accounts (Scotlandl Regulations 2006 las amended), the statement ol Recommended Practice ISORPI FRS 102"Accounting and reportlng by Ch3rities" Irevlsed 20151, and in ccordance with Financial Reporting Standard 102 IFRS 1021. Incorne Income is retognised when the charity h35 entitlement to the funds, any perforfflance conditions 3tt3ched to the Item of income have been met, it Is probable that the income will be received and the amount can be measured reliably. For donations and legacies this is normally upon receipt-, for incorne from raising funds thls is normally when the good5 h3¥È been 501d or the Services delivered,. and for choritable grant Incorne thi5 is recognised in the year in which the charity 15 entitled to it. The value of services providÈd by volunteers has not been included. Expenditure Expenditure 15 recognised once there is a legal orconsrructive obligation to make a payment to 3 third party, it is probable th3t settlement will be required, and the amount can be me3sured reliably. Expenditure is accounted for on èn accrua15 b3sis and has been cla55ified under hea(lings that aggregate all cost rel3ted to the cate8ory. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basi5 con51Stent with the use of resources. Expenditure on ch8lltable purposes comprises those direct costs incurred by the charity in the fulfilment of Its charitable objectives, along with an alloc8tion of overhead support costs required to run the charity. Governance costs are those associated with me@ting the constitutional ènd statutory re9uiremÉnts ol the charity and include the independent @Xaminer's fees and cost9 linkod to the strèteEIC management of the ch8rity. As required by Charities SORP IFRS 1021 governance costs are included within expenditure on charlt3ble 3Ctivities. Tangible fixed assets Tangible fixed zssets are c3Pitali5ed ai cost. Depreciatlon is provided at the following 8nnuèl rates In orderto write off Èach asset over its estlFn3ted useful life. Plant and machinery Motor Vehicles Cornputer Equipment -25Yts on a reducing balance basls -25% on a reducing balance bèsis -33% on a straight-line ba51S Debtor5 Prepayments are valued at the amount prepaid net of any trade discounts due. The notes form part of these financial statements Page 9
THE ARRAN ACCESS TRUST NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 30 SEPTEMBER 2025 2. NEf INCOMEIIEXPENDITUREI Net incgme 15 Stated after changinpJlcreditingl'. 2025 2024 Depreciation owned assets Independent examiner'5 fee 1,055 600 1,407 600 3. DONATIONS AND LEGACIES Unrestrirted Restricted fund5 funds 2025 Total 2024 Total Donations Legacies Subscriptitsns 4,549 4,549 640 9,634 941 11,215 836 5,385 836 5,385 2024 donations. legacies and subscriptions were all unrestritted. Unrestrlrted Restrlcted funds funds Restrirted 2025 Total 2024 Total 4. RAISING FUNDS Guided walks Other Income 215 340 340 340 215 Unrestrlcted Restrlcted Funds Funds 5. CHARITABLE AcfiviTIES 2025 Total 2024 Total Grants from North Ayrshire Council Isle of Arran Community Council Arran Trust Others Naturescot 2,700 I,o(x) 10,0 1,000 io.ooo 6,857 16.826 11,000 11.000 26.383 Unrestrfcted Restricted Funds Fund5 6. EXPENDITURE ON CHARITABLE ACTIVITIES 2025 Total 2024 Total Direct Project Costs Wages & Salaries (notè 71 Support costs (note 81 33,583 6,422 8.977 4,716 4,716 4.716 4,716 48.982 The notes form part of these financial s13tements Pa8e 11
THE ARRAN ACCESS TRUST NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDEO 30 SEPTEMBER 2025 7. STAFF COSTS AND TRLISTEES, REMUNERATION 2025 2024 Wage5 and Salaries Pension costs Social Security Costs 5,923 499 6,422 The average monthly number ol ernployees during the year was a5 follows.. 2025 2024 Full-tim Part-time No employees revieved ernolurnents in excess of £60,000. The TrusteÈ5 are considered to be key management 3nd are not reumerated. They were no trustee5' remuneration or other beneftts for the year ended 30 Septernber 2025 nor lor thè year ended 30 September 2024. Trustee5' e¥penses There were no tru5tee5' expenses paid for the year ended 30 September 2025 nor 2024. Unrestrirted RestrTrcted Funds Funds 8. SUPPORT COSTS 2025 Total 2024 Total Postage and stationary Sundries Small Work5 Insurance Depretiation Governance costs Website and advert15ing Grants 141 71 2,339 loo 1,055 610 loo 300 141 71 2,339 loo 1,055 610 loo 300 168 460 5.507 543 1,407 613 279 4,716 4,716 8,977 Governance costs com Accountancy Legal fees 600 600 600 13 613 io 610 io 610 The notes form part of these financi215tatements Page 12
THE ARRAN ACCESS TRUST NOTESTO THE FINANCIAL STATEMENTS-CONTINUED FOR THE YEAR ENDED 305EPTEMBER 2025 11. MOVEMENT IN FIJNDS AtIOct24 Income Expenditure At 305ep 25 Unrestri£ted firrtds 23.434 5,725 14,7161 24,443 Restrirted funds Arr3n Community Council Arran Trust 1.000 10,000 1,000 10.000 23,434 16,725 14,7161 35.443 12. ANALYSIS OF NET ASSETS 8f(WEEN FLIi4DS Unrestrlcted Restrtcted Totsl fvnds lunds fvrtls Totalfvnds 1024 2025 Fixed Assets 3,165 21,878 16(K)I 24,443 3,165 32,878 16001 35,443 4,220 19.814 CurrentAssets Ji.000 Current liabikies 16001 23,434 11.000 All funds were unrestricted In 2024 14. ULMMATE CONfROLUIYG PARTY The charityTs constituted by its MemoFÈndum and ArtScles of Association and is controlled by Its appointed trustees. The note5 form part of these financial staternents Page 14