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2025-12-31-accounts

Lewis Car Club

Charity No. SC032582

Company No. SC226126

Trustees' Report and Unaudited Accounts

31 December 2025

Lewis Car Club Contents

Pages
Trustees' Annual Report 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Summary Income and Expenditure Account 7
Balance Sheet 8
Notes to the Accounts 9 to 15
Detailed Statement of Financial Activities 16 to 17

Page 1

Lewis Car Club Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 December 2025.

The financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), the Companies Act 2006, the Memorandum and Articles of Association, and 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 (FRS102).

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. SC226126

Charity No. SC032582

Registered Office

13 Murdoch Place Stornoway Isle of Lewis HS1 2YA

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

Calum Aird Errol Chalmers John MacLeod (Resigned 20 November 2025) Roderick Matheson Charles Mcintosh Nathan Murray (Resigned 19 November 2025)

Company Secretary

Kaleigh Edwards

Accountants

Nicolson Accountancy PO Box 16336 Glasgow G13 9FA

Bankers

Bank of Scotland 47 Cromwell Street Stornoway Isle of Lewis HS1 2DE

Page 2

Lewis Car Club Trustees Annual Report

OBJECTIVES AND ACTIVITIES

The main objectives of the charity are the provision of recreational and educational facilities for motorsport and motoring activities on the island of Lewis.

During the year Lewis Car Club (LCC) have been holding regular/fortnightly track events. Attracting up to 10/15 members with an entry fee of £15.

Prices of cars and parts have increased dramatically since covid and that has affected the number of people who use the track due to the costs involved.

LCC had a great start of the year with a static car show on the 19th April 2025.

LCC hosted the second drift event in May 2025 with KDkustoms and Doifest. It was a great success and had a great response from the public and will be happening next year.

LCC held its annual transport show in July 2025. We will need to try and make it more family oriented to bring more people out to it.

LCC has made the space available to the fire department to practice RTA and we have set up various scenarios for them over the year.

LCC has also made the space available to other groups we also are getting involved with the police and the Council to hold programs for kids that involve car safety and some basic knowledge.

The contribution of volunteers (including trustees, members and individuals from the community) has been and continues to be, of immense benefit to the charity in the continuing development of its recreational facilities.

FINANCIAL REVIEW

The outcome for the year is as shown in the attached Statement of Financial Activities.

The General fund represents the unrestricted funds from past operating results. It also represents the free reserves of the charity. The trustees consider that the level of free reserves at the year end is sufficient to meet the charity's operational requirements given the ongoing fundraising events income being received.

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The trustees have assessed the major risks to which the charity is exposed, in particular those relating to the operations and finances of the charity, and are satisfied that systems are in place to mitigate their exposure to the major risks.

The charity is partially dependent upon the continuing support of public funding agencies to assist in the ongoing delivery of the aims and objectives of the organisation.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Page 3

Lewis Car Club Trustees Annual Report

The Association is a charitable company limited by guarantee, incorporated on 7 December 2001. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

The organisation is registered with the Scottish Charity Regulator and the Scottish Charity Number is SC032582.

The directors of the company are also charity trustees for the purpose of charity law.

Under the terms of the Memorandum and Articles of Association the Elected Directors are appointed by all the members at the Annual General Meeting. One third of the Elected Directors retire annually at each Annual General Meeting but are eligible for re-election.

The board consists of voluntary directors who manage the affairs of the charity through regular board meetings. The charity has reviewed its internal operational structure to assist in the effective management of the organisation. The board members are heavily involved in the day to day operations of the charity.

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.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

Signature: Calum Aird Calum Aird (Apr 19, 2026 18:06:11 GMT+1) Email: call04@hotmail.co.uk Trustee 10 April 2026

Page 4

Lewis Car Club Independent Examiners Report

Independent Examiner's Report to the trustees of Lewis Car Club

I report on the financial statements of Lewis Car Club for the year ended 31 December 2025 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.

Respective responsibilities of trustees and examiner

The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the financial statements 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 trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial statements as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeks explanations from the 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:

have not been met: or

Signature:

Email: angus@nicolsonaccountancy.com

Angus Nicolson Nicolson Accountancy PO Box 16336 Glasgow G13 9FA 10 April 2026

Page 5

Lewis Car Club Statement of Financial Activities

for the year ended 31 December 2025

Notes
Income and endowments
from:
Donations and legacies
4
Charitable activities
5
Total
Expenditure on:
Other
7
Total
Net gains on investments
Net expenditure
8
Transfers between funds
Net expenditure before other
gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted
funds
2025
£
1
5,315
Restricted
funds
2025
£
-
-
Total funds
2025
£
1
5,315
Total funds
2024
£
-
5,715
5,316
8,551
-
-
5,316
8,551
5,715
8,846
8,551
-
-
-
8,551
-
8,846
-
(3,235)
-
-
-
(3,235)
-
(3,131)
-
(3,235)
-
-
-
(3,235) (3,131)
0 0
- -
(3,235)
1,433
-
69,077
(3,235)
70,510
(3,131)
73,641
(1,802) 69,077 67,275 70,510

Page 6

Lewis Car Club Summary Income and Expenditure Account

for the year ended 31 December 2025

Income
Gross income for the year
Expenditure
Depreciation and charges for
impairment of fixed assets
Total expenditure for the year
Net expenditure before tax for the year
Net expenditure for the year
2025
£
5,316
5,316
6,265
2,286
8,551
(3,235)
(3,235)
2024
£
5,715
5,715
6,560
2,286
8,846
(3,131)
(3,131)

Page 7

Lewis Car Club Balance Sheet

at 31 December 2025

Company No.
SC226126
Notes
2025
£
Fixed assets
Tangible assets
10
59,436
59,436
Current assets
Stocks
11
550
Debtors
12
2,150
Cash at bank and in hand
5,339
8,039
Creditors:Amount falling due within one year
13
(200)
Net current assets
7,839
Total assets less current liabilities
67,275
Net assets excluding pension asset or liability
67,275
Total net assets
67,275
The funds of the charity
Restricted funds
14
Restricted income funds
69,077
69,077
Unrestricted funds
14
General funds
(1,802)
(1,802)
Reserves
14
Total funds
67,275
2024
£
61,722
61,722
550
2,155
9,431
12,136
(3,348)
8,788
70,510
70,510
70,510
69,077
69,077
1,433
1,433
70,510

The trustees have prepared the accounts in accordance with section 44 of the Charities and Trustee Investment (Scotland) Act 2005 and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 10 April 2026

And signed on its behalf by:

Signature:

Calum Aird (Apr 19, 2026 18:06:11 GMT+1)

Calum Aird Email: call04@hotmail.co.uk

Trustee

10 April 2026

Page 8

Lewis Car Club Notes to the Accounts

for the year ended 31 December 2025

Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 9

Lewis Car Club Notes to the Accounts

Expenditure

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

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

Freehold property 2% Straight line Plant 10% Straight line Computer equipment 25% Straight line

==> picture [205 x 62] intentionally omitted <==

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 10

Lewis Car Club Notes to the Accounts

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for nay trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Page 11

Lewis Car Club Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

3 Statement of Financial Activities - prior year

Income and endowments from:
Charitable activities
Total
Expenditure on:
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
4
Income from donations and legacies
General donations
5
Income from charitable activities
Membership fees
Fundraising activities
Unrestricted
funds
2024
£
5,715
5,715
6,560
6,560
(845)
(845)
(845)
4,564
3,719
Unrestricted
£
1
1
Unrestricted
£
200
5,115
5,315
Restricted
funds
2024
£
-
-
2,286
2,286
(2,286)
(2,286)
(2,286)
69,077
66,791
Total
2025
£
1
1
Total
2025
£
200
5,115
5,315
Total funds
2024
£
5,715
5,715
8,846
8,846
(3,131)
(3,131)
(3,131)
73,641
70,510
Total
2024
£
-
-
Total
2024
£
220
5,495
5,715

Page 12

Lewis Car Club Notes to the Accounts

6
Analysis of grants
Activity or programme
WICCI
Activity or programme
WICCI
7
Other expenditure
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
8
Net expenditure before transfers
This is stated after charging:
Depreciation of owned fixed assets
9
Staff costs
No employee received emoluments in excess of £60,000.
Unrestricted
£
2,200
2,286
3,745
320
8,551
2025
£
2,286
Total
2025
£
-
Total
2025
£
-
Total
2025
£
2,200
2,286
3,745
320
8,551
Total
2024
£
-
Total
2024
£
-
Total
2024
£
2,574
2,286
3,736
250
8,846
2024
£
2,286

Page 13

Lewis Car Club Notes to the Accounts

10 Tangible fixed assets

Cost or revaluation
At 1 January 2025
At 31 December 2025
Depreciation and
impairment
At 1 January 2025
Depreciation charge for the
year
At 31 December 2025
Net book values
At 31 December 2025
At 31 December 2024
11 Stocks
Raw materials and consumables
Carrying value analysed by activities
0
12 Debtors
Prepayments and accrued income
13 Creditors:
amounts falling due within one year
Accruals
Deferred income
Land and
buildings
£
114,300
114,300
52,578
2,286
54,864
59,436
61,722
Plant
£
46,313
46,313
46,313
-
46,313
-
-
2025
£
550
550
2025
£
550
550
2025
£
2,150
2,150
2025
£
200
-
200
Computer
equipment
£
7,743
7,743
7,743
-
7,743
-
-
Total
£
168,356
168,356
106,634
2,286
108,920
59,436
61,722
2024
£
550
550
2024
£
550
550
2024
£
2,155
2,155
2024
£
100
3,248
3,348

Page 14

Lewis Car Club Notes to the Accounts

14 Movement in funds

Resources
expended
£
Gross
transfers
£
-
-
-
-
At 31
December
2025
£
69,077
-
-
(8,551)
(8,551)
69,077
(1,802)
67,275
Unrestricted
funds
£
-
5,748
5,748
At 1 January
2025
£
Restricted
funds
£
59,436
2,091
61,527
Cash flows
£
Total
£
59,436
7,839
67,275
At 31
December
2025
£
9,431 (4,092) 5,339
9,431
9,431
(4,092)
(4,092)
5,339
5,339
17 Related party disclosures
Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 15

Lewis Car Club Detailed Statement of Financial Activities

for the year ended 31 December 2025

Income and endowments from:
Donations and legacies
General donations
Charitable activities
Membership fees
Fundraising activities
Total income and endowments
Expenditure on:
Premises costs
Light, heat and power
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Plant
Depreciation of Computer
equipment
Bank charges
General insurances
Stationery and printing
Subscriptions
Sundry expenses
Legal and professional costs
Audit/Independent examination
fees fees
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net expenditure
Unrestricte
d funds
2025
£
1
1
200
5,115
5,315
5,316
1,410
790
2,200
2,286
-
-
2
2,960
114
500
169
6,031
320
320
8,551
8,551
-
(3,235)
2025
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
2025
£
1
1
200
5,115
5,315
5,316
1,410
790
2,200
2,286
-
-
2
2,960
114
500
169
6,031
320
320
8,551
8,551
-
(3,235)
Total funds
2024
£
-
-
220
5,495
5,715
5,715
1,140
1,434
2,574
2,286
-
-
-
2,885
248
585
18
6,022
250
250
8,846
8,846
-
(3,131)

Page 16

Lewis Car Club Detailed Statement of Financial Activities

Lewis Car Club
Detailed Statement of Financial Activities
Net expenditure before other
gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
(3,235)
-
(3,235)
1,433
(1,802)
-
-
-
69,077
69,077
(3,235)
-
(3,235)
70,510
67,275
(3,131)
-
(3,131)
73,641
70,510

Page 17

LewisCarClub_UTR_31-12-2025_Accounts

Final Audit Report

2026-04-19

Created: 2026-04-19 By: Angus Nicolson (angus@nicolsonaccountancy.com) Status: Signed Transaction ID: CBJCHBCAABAA1t_Lc9xbjr90-YqxMuYylKin865grqze

"LewisCarClub_UTR_31-12-2025_Accounts" History

Document created by Angus Nicolson (angus@nicolsonaccountancy.com)

2026-04-19 - 4:40:01 PM GMT- IP address: 80.46.45.56

Document emailed to Calum Aird (call04@hotmail.co.uk) for signature

2026-04-19 - 4:40:05 PM GMT

Email viewed by Calum Aird (call04@hotmail.co.uk)

2026-04-19 - 5:04:52 PM GMT- IP address: 86.130.85.235

Document e-signed by Calum Aird (call04@hotmail.co.uk)

Signature Date: 2026-04-19 - 5:06:11 PM GMT - Time Source: server- IP address: 86.130.85.235

Document emailed to Angus Nicolson (angus@nicolsonaccountancy.com) for signature 2026-04-19 - 5:06:12 PM GMT

Email viewed by Angus Nicolson (angus@nicolsonaccountancy.com)

2026-04-19 - 5:28:33 PM GMT- IP address: 82.132.184.190

Document e-signed by Angus Nicolson (angus@nicolsonaccountancy.com)

Signature Date: 2026-04-19 - 5:31:29 PM GMT - Time Source: server- IP address: 82.132.184.190

Agreement completed.

2026-04-19 - 5:31:29 PM GMT