NAIRN COMMUNITYTRANSPORT SCIO TAUSTEES ANNUAL REPORT AND ACCOUNTS FOR THE YÉAR ENDED 31 MARCH 2016 Nalm Transport scio er15rervdSGoN15h GharttyND. SC036050 AnReport 2025. 2026
NAIRN COMMUNITYTRANSPORTSCIO TRUSTEESANNUAL REPORT AND ACCOUNT5 FOR THE YEAR ENDED 31 MARCH 2026 CONTENTS Page Ito4 Trustees Report Recetpts and Paymenis Account StitemeTrt of Balantes 7t09 Notes to the Account5 io Independent Examlnerfs Report Commumfy TrattspDrtscio Re$$#15Ch8ntyN0. SC036650 knnuJlRep0rf2025-29
NAIRN COMMUNITYTRANSPORT SCIO TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2026 The Trustee5 are pleased to present thelr report together wlth the flnancial statements Of the Charity for the year ended 31 March 2026. Reference and Adm5nlstratlve Deta515 Nalrn CommunltyTransport SCIO ottl$h Charlty No. 5C036650 Prlnclpal and Aeglstered Offi¢e Nairn Community & Arts Centre King Stieet Nalrn IV12 4BQ Trustee$ and Olll¢e Bearers Robert Ferenth Ichalrmanl Michael J Mitchell ISe¢retaryl Alastair G M Forsyth ITreasurerl Peter D Saggers Bankers 6&nk of Scotland Inverness Clty 2- 6 Ea5tgate Inverness IV2 3NA Independent Examlner fjrant Feasey- Ceng Oakhyrst Nairn IV12 SLE Status of Charlly and Governing Document Nalrn Community Transport SCIO, (Ncfsi 15 a reglstered Scottish charlty INumber SC0366501, governed by Its constitution. It was formerly a charitable Company limited by 8uarantee INurnber SC2816361 thal was converted to a SCIO on 20J3nuary 2016. TranspDrt scio R8gtslvd$tQN5h th8rtyNo. SCQ3fj&50 nReport&s. 2026
NAIRN COMMUNITY TRANSPORT SCIO TRUSTEE5 ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 1026 Icontlnuedl Trustees and Offlce Beaiers The Trustees of the charity, as dSsclosed on pa8e l. also form the Board of the charity. The Board Is made up of not less than three members. TheTrustees must elect a Chair. Treasurer and a Secretary. Responslblllty for the charity'5 day-to-day management is delegated via a 5erwce Level Agreementto the manager of Nairn Comrnunity & Arts Centre. NewTrustees can be appointed at aTrytlrne by way of a resolutlon passed by majot¥vOte at a Board meeting. One third of the charity Trustee5 shall retire from office at each Annual General Meetlng by rotation and can offer themselves lor re-election. They should be made conversant with the values and aims of the charity and be conversant with the day to day running of the charity. Their inductlon programme needs to be reviewed and. at 3 mlnlmum. should Indude an understanding of the statutory obllgatlon of Trustees. OtherTru5tee5 5ervin8 Ourlng Period None Alms and Afflllatlon The principal objective of the charity is to provide not-for-profit transport service5 to local cornmunitv 8roups. Servlces are provided to a wide range of people including Senior citizen5 and lunch clubs, care homes, dlsabled groups, churches and church groups, schools, youth groups and youth sports teams. Achievement5 znd Perlomiance Business O r(Ttions In the past year NCTS ha5 experienced a 51ight uptUTn in u5aEe. Wlth over 70 varied organlsations be5ng afflli3ted management are still confident that spare capaclty tan be utlllsed thou8h a more Intenslve marketing strategy emphasising the servtce provided by Ncrs. Overthe past year NCT5 has maintained its flEEt of 3 buses. This fleet is deemed adequate for the service provided by NCTS. Vehicles The West End Gara8e. Nairn continues to offer a good service to NCTS which enables the buses to keep runnlng 2nd who m3ke every effort to Ilmit off-road time. Each bu5 is deep cleaned every month to ensure customer satisfaction and additional cleaning is performed if required. We currently have no malortechnlcal or other Issues with any of OL¥r 3 buses. Our new bus has proved to be a valuable asset wlth not only reduced ongoing maintenance cost but also provides a more rnodern and comfortable vehlcle for hlreto our assoclatlon members. Sto ond Volunteers The Trustees are grateful to all the volunteer drivers who give up theirtirne to drive for usef5 unable to supply drivers. This service is Sreatly appreciated by these user8roups. To irnprove relationship wilh volunteer drlvers the Board has a designated member responsible for this rolè. NCTS are 8rateful for the contlnued support of Nairn Community & Arts Centre staff for their fulfilmeTht of the Service Level Agreetnent requirements. Navn C(unfflynrty TTonwrt SCIO Re$t£S[5GlP1N No. SC03S65Q AnnuolRoport2025. 2026
NAIRN COMMUNITYTRANSPORT SCIO TRUSTEESANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2026 Icontlnuedl Drlver uuli Icotions Nalrn Communlty Transport SCIO Is responsible for ensurlng the competency of all volunteer drivers wlth respect to driving abllity. vehicle and safety awareness and where appllcable. passenger accessabilitv. To achieve this NCT5 work closelywith Nairn Community and Arts Centre who offer both MtDAS and driver COFnpetency certification covrses. Flnanclal Revlew Princi Isources 0 Fundin Although experiencing an upturn in bus hiTe NCTS overall usage S currently being addressed through an increased marketing strategy. The main sources of income are the hire charges paid by user8roups. and the grant fundin8 from Hlshland Councll for the provlslon of agreed and deslsnated servlces. Ncrs rectsgnlses thar there Is spare capacSty withln the fleet and Is Wking wlrh the 5etvlce Level Provider to addre55 thi5 155ue. The maln expendlture5 are the running c05t5.' rnaintenance, 5ervlcin& In5urHnce and inspection of the vehicle5 together with the overhead5 for administration and support. Due ta the ever increasing costs of administration, particularly insurance provider requirements, and the consequeati31 increase of Nairn Community & Arts Centre staff time, the administration support fee has been maintained at £25.0 forthe current and subsequent finanical years. The Trustees are 8rateful forthe support of Highland Council and others for donations received and the many user8roups who hired our vehlcles. Ncfs maintained the hire rate overthe past year de5Plte escalating insurance, fuel and other cost5. It is proposed to keep the basic hire Yate at £1 per kilometer with enhananced ratesfor longer hires. This strategy. along Wlth increased rnarketing will hopefully encourage more use of our vehicles 8y keeping our rates a5 competitive as possible we hope to provide as much benefit as possible to our users. The Trustees are acutely aware of the need to malntaln Income and to minlmise costs In orderto continue to provSde the same levels ol servSce. N&m CoMmY Tran5POrtsuo Rwslarnd5colli5hch8rityNo. SCO650 AnThMIRBJ)Wf2025.207fj
NAIRN COMMUNITYTRANSPORTSCIO TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2026 Icontlnuedl Results r the Year The financial statements for the year are set out on page$ 5 to 9. The Recelpts and Payments Account page 5 reflects 3 deficit for the year of £11.71012025- EII.8201. Thls, whÈn deducted from the funds brought forward of £37.613. gives rise to a total of un¥estrScted general fund5 cèrrled forward of £25.903. Included in unrestricted funds is a designated fund of £1S,00012025- £15,000) lor the purchse of future buses. Reserves The Board conslders that there Is 5uffSclent level of funding available In order to meet the short term needs ol the charity. General fund5 have been kept in the form of bank deposits and represents over l year of operating costs. Regular costing reviews will result In approprlate and justlflable prl¢lng. Thls wlll help malntaln NCTS for the longer term. Slgnlfl¢ant Events Durlng The Year There We no si8Trilicanr events over the year. The new bu5 purchased IM 2024-2025 has been a signiticant enhancement to the fleet. Future Plans NCTS have Investlgated the purchase of an electrlc powered bu5 to rnake use of the charging facilltle5 recently built at Nairn Community & Arts Centre whlch would contrlbute to the green expectations of futu generatlons. At thSsluniture howeverthe requirements of Ncfs cannot be fully met by the purthase of an ele¢trf¢ PDwered vehicle. Thi5 Sltuation will be revsewed on a regular basls. Approved bythe Trustees and signed on thelr behalf on 15 June 2026 Treasurer Alastalr G M Forsyth R6gtsrefedSetsAtsh chRnYyNo S¢03fj6fj0 AnnvB1ReP 2025.2028
NAIRN COMMUNITYTRANSPORTSCIO RECEIPTS ANO PAYMENTSACCOUNT FOR THE YÉAR ÉNDED 31 MARCH 2026 Unrestrlcted Funds Deslgnated Funds 2026 Total 2025 Total Note Recelpt5 Donations Grants Gross Tradlng Recelpts Insurance 5ettlement- VEhltle Sale 35 5,984 29,617 800 35 5,984 29,617 800 57 49,913 19,329 5,000 Total Aecelpt5 36,436 36,436 74,299 Payments Gross Trading Payments Governance Costs () 48.146 48,146 86,119 Total Payment$ 48,146 48,146 86,119 Net Payments for Year 111.7101 111.7101 111,8201 Transferstol Ifroml Funds Defi¢lt for Yoar 111,7101 111,7101 111,8201 N&im COMMIY fmnsportscio R¢S¢ere$¢Oll1Sb ch&rftyNo. 08850 AnnvBIRgwt 2025.2026
NAIAN COMMUNITYTRANSPORTSCIO STATEMENT OF BALANCES FOR THE YÉAR ENDED 31 MARCH 2026 Unrestricted Fund5 Deslgnated Funds 2026 Total Z025 Total Note Cash Funds Cash and Bank Balances at l Aprll 2025 Surplus / (Deficit) Shown on Receipts and Payments Account 22,613 15,O¢J) 37,613 49.433 111,7101 111.7101 111,8201 Cash and 8ank Balances at 31 March 2026 10,903 15,000 25.903 37.613 Reserves Unrestricted Funds li 10,903 15,000 2S.903 37,613 Statement of Assets at 31 March 2026 2026 2Q25 The Ch3rSty currently owns 3 motor vehlcles used to deliver the servlces. The vehicles were valued by GM Mlnlbus Co. Newton Abbot in 2026 anl in 2025 by reference to Parkers Used Van Guide. WP17 WA66 MF74 11,400 13,500 44,970 8,700 8.702 41.652 69,870 59,054 Debtor5 due 1.699 7,418 1,699 7,418 Statement of Liabllities at 31 March 2026 Involces due for payrnenl 1,257 285 Approved by the Trustees and signed on their behalf on 15 June 2026 Treasurer Alastair G M Forsyth Nalm Crnnlty Transport scio Rw5tV¢*tsCOIftsh th8rityNo. SC036050
NAIRN COMMUNITYTRANSPORT SCIO NOTES TOTHE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2026 ount Atcountin Conventiojn The financial 5taternent5 have been prepared under th@ hlstorlcal cosi convention, and In accordance with the Char5tles Accounts (Scotlandl Regulatlons 2006 las arnendedl. Busis o Finufrpciulstot The financial statemÈnts have been prepared on a receipts and payments basls for thSs year. xotl The charlty Is exempt from tsx on its charitable actiwties. Recei ts and Po ment5 Account For the purpose of the Recelpis and Payments Account as shown on page 6. funds are defined as follows: Unrestrlcted funds Unrestricted funds are avallable for use at the discretion of the Trustees In furtherance ol the 8eneral objective5 of the charity. Desi nated funds DesiBnated funds have been set aslde out of unrestricted funds by the Trustees for partlcular pursx)ses. Donatl UDrestrl¢¢ed De$l8nated Funds 2026 Total 2025 Total Communlty Donations 3S 35 57 Income received from donatlons In the previous yearwas unrestricted. Grants Llnrestrlcted Funds De$lgnated Funds 2026 Total 2025 Total SGIUK Govt. Community Regeneratton Fund Highland Council 44.500 5,413 49,913 5.984 5,954 5.984 5.984 Community Regeneration Funding Is an urnbrella term to cover multiple community-led fundlng pro8rammes. administered bythe Highland Council. The funding source for the full grant award Is fronR the UK Shared ProsperSty Fund. Income recelved frorn grants in the Pfevious year was unrestricted. NehnCommty Trnnswl SCIO Reptslerndscohlsh ch8rRyNo. SCQ366SO AnnyJIRw12025. 2036
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAIICH 2026 Icontlnuedl Grom Tradln Re1 Unrestrlrted nds Deslgnated 2026 Total 2025 Total Bus Hlres 29.617 29.617 19.329 Income received from gross trading receipts In the prevlous yearwas unrestrlcred. In$ur¥n¢e Seltlement-Vehl¢le Sale Unre5trlcted Fund5 Desl8nated Funds 2026 Total 2025 Total DX13 BKL Bus Sold WP17 VEW Roof Damage 5,000 800 800 800 80D s,000 Income received from vehicle sale in the previous year was unrestrl¢teé. ross Tradln Unrestricted Funds Designated Funds 2026 Tota5 2025 Total New Bus Purchase Fuel Repairs and Maintenance Insurance Road T3X MOT Llft Inspectlon Training Cleanin8 Support Costs 2025126 Volunteer Driver Expenses Administration Sundry Expenses 64,390 3.967 4.059 10.972 3.582 7,117 9,036 876 3,582 7,117 9,036 876 540 640 300 25.OOQ 374 556 125 48,146 540 640 300 25,0 374 556 125 48,146 425 178 591 113 86,119 Expenditure on gross trading paymenis in previous yearwa5 un¥estricted. Governart¢e Costs VThrestrlcted Funds Deslgnated Funds 2026 Total 2025 Total Independent Examlnatlon Fee Expenditure on governance costs in the previous year was unrestrlrted. Nalm Trwnsport scio Rysl¢red&oW rh&rityNo. S¢036050 AftnuolRep0112025. 2026
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2026 Icontlnuedl Truslee5 Remuneration and Ex No remuneration directly or indirectly out of the funds of the chariiy was paid or repayable for rhe perlod to any Trustee or to any person or persons known to be connected wlth any of them. en5es No reirnbur5ement of expense5 has been rnade or 15 due to be rnade to anyof the trustees in respect of the perlod. taff Costs and Numbe Yhe Chèrity has no employees12025- nill but pays a fee to Nairn Cotnmvnity & Arts Centre for th@ provlslon of support serv(ces. io. Donated serces The charlty use5 volunteer driver5 to prowde the service that theyoffer. The Trustees have not quantified the value of this donated service. ii. rv Unre$trl¢ted Fund5 Oeslgnated Funds Total Fund5 at l Aprll 2025 Re£eipt5 Payments Transfer5 Funds at 31 March 2026 22,613 36.436 148.1461 15,00) 37.613 36.436 148,1461 10,903 Is,000 25,903 Unresrilcted funds are 8vallable for use at the disuetion of the Trustees in furtherance of the general objective5 of the charity. De5ign3ted funds have been set aside out of unrestricted fund5 by the Trustees to allowihe purthase of luture buses for the continued running of NCTS Services. N&eLunIIY TTanSPOrtSelQ Rw5tedSCth1lSh¢h&YN0. S¢O36650 knn¥8lRcport2025. 2036
NAIRN COMMUNITYTRANSPORT SCIO INDEPENDENT EXAMINER'S REPORTTOTHE TRUSTEES I report on the accounts of the charlty for the yearended 31 March 2026 whlch are set oul 0 page5 5 to g. Respe¢tlve ResponsibJlltSes of Trustees and Examlner The charity'5 tru5tee5 are responsible for the preparation of the iccounts in accordance with the terms ol the Charities and Trustee Investment (Scotlandl Act 2005 and the Charities Accounis Iscoilandl Regulations 2006 las amended). The charlty trustee5 consider that the audit requirement of Reeulation 10111 Idl of the 2006 Accounts Reeulations does not apply. It is my rÈsponsibslty to examine the accounts as required under section 4411) Icl of the Act and to state whether p3rticular matters have come to my aftentlon. Basls of Independent Emamlner's Statement My examination is carried out in accordance with Regulation IJ of the 2006 Accovnts Regulatlons. An examination indudes a review of the 3CCOUllting rÈtords kept by the charity and a compar150n of the accounts presented wlth those records. It a150 includes conslderatlon of any unusual items or dlsclosures in the accounts, and seeks explan3tions from the tIU5tees 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 opirslon on the vlew g*ven bv the accounts. Independent Examlnels Staternent In the course of my examination. no matter has come to my attention l. which 8ives me reasonable cause to belleve that in any material respect the reoulrements.. lal to keep accounting records Sn accDrdance wth Section 44111 lal of the 2005 Act and Regulation 4 of the 2006 Accounls Regulations. and Ibl to prepare accounts whi£h accord with the accounting records and comply with Regulation 9 of the 2006 Account5 Regulation5 have not been met. or 2. to which. in my opinion. attentlon should be drawn in order to enable 3 proper understandSng of the accounts to be reached. (.) s igned Date: z6171z Grant Feasey Chartered Englneor 08khyrst NAIRN IV12 SLE -io- Nalm COmmty TranspSC Rwtered8rolllshclwrtyNo. SC030650 nntJBJReptrrt 2025-2026