Inverclyda Car•r8 C•ntr• {A Cowy Lunited by Guarantsal Yeat Ar•d 31 March 2026 Charity Nunber SC038583 Company Nuthr SC312596
Charity In£ornati¢)n ARD OF TRUSTEES Francis Caldwell Christina Boyd James L3rnb sETARy Christina Boyd Tracey Orr Welsh Trlalker Ltd 179A Dalrwle Street Greenock PA15 IBX Bank of Scotland 64 166 Folest Blackhall Street Greer.ock PA15 IXG BEG18TERED OFFI Welsh Walker Ltd 179A DalryLrple Street Greenock EA15 IBX SC038583 SC312596
Trustees Repott IncoRTLe and Bxpenditure Account statement of Financial Activities Balanoe Sheet statement of Cashflow Notes to the Financial Statements 10-21 Independent Examiners Report 22
Page I TrUSTEES REPOR For the yaat #AA9 31 March 2026 The trustees aresent their annual report together with the financial statements of the charity for the yeai ending 31 March 2026 which are also prepared to meet the requirements for a directors, report and accounts for Cornpanies Act purpose8. The financial statements comply with the Charities and Trustees Lnvestment (Scotlandl Act 2005, the Char-tios Accounts IScotLarydl Regulations 2006 las ttrnendedl. the Co]tLpanies Act 2006, the MemoraThdurL and Articles of Association. and Ac-aunting and Reporting by Charitie5: Statenent of Recomutended Practice applicable to charities preparing their accounts in achjrddnce with the Financial Reporting Standard8 appLicable in the UK and the Republic of Ireland IFRS1021. Our puzposes and activitsas The PEincipal activ- ty ¢f Inverclyde Carers Centre is to prornote the benefit of carets in InvercLyde and its environs without distinction of sex. sexualityi poI.'tical, religlous OE othet opinions by associatiig the local statutory authorities, voluntary organisatlons and inhabltants in a comllLon Èf-crt to advance the education, further the health and reliev8 tho poverty and distress of such carers. At the end c>f J4pril 2024 we Lost the Inverclyde Health and Social Ca-e Partnership contract and ceased to trade in Na-ch 2026. RUlt £¢r y•ar The charity llLade the decision in July 2025 to cease to trade at the end of their financial yeai. 11 redundancy costs were paid to staff and all liabilities of the charity were settled. R084fvGfS Pollry Inverclyde Carers Centre Trustees ai]n to hold IT] reservés sufficient funds to cover six onths of expanditure within unrestricted reserves. The rea30ns for holding unrestiicted reserves are: The centre needs to hold reserves of three to six Thonth8 average expenditure as working capital to ensure positive cash flow. To facilitate unplanned or emergency maintenance costs in reLatlon to both building and other capital assets. Liabilities arising froNL ernployer payTrent8. ii. ILI. responsibilitie5 including tedundancy These reserves have allowed the redundancy costs of the e]tLployees to be paid.
Page 2 RUSTEKS REPORT Icontl dl For th8 year 8Thng 31 Ffarch 2026 Raf8rencè and Admi6at1v¢ detuls Charity number". CC038i83 Company nurnber: SC312596 Registered of f ice: Nelsh Walker Ltd, 179A DalrynFLe Street, GreÈnock, PA15 IBX OUE advisers Independent Examiner: Tiacey Orr. We15h Walker Ltd, 179A Dalrjryople Street, Gteenock, PA15 IBX Bankers: Bank of Scotland, 64/66 West Blackhall Street, Greenock, FA15 IXG Trustee Savings Bank, 22 Hamilton Gate, The Oak Mall, Greenock PA15 IJW DiroCtorB and Tru$tee8 The directors of the charitable company (the eharityl are its trustees fer the purpose of charity law. The trustees and officers serving during the year and since the year end weEe as follows: Trustees Francis Caldwell (Chairl Christina Boyd I Secretary) Ilizabeth (resigned 15tb Decernber 20251 James Lart) Sarah Anne G-aham (resigned 15th Decetrbor 20251 Irene O'Brien Ire8igDed 15th Decembè- 2D251 Key Managamant Porsonnel Kenny bScKe.Ina ICEO,, structure, Govèrnin Documgnt Inverclyde C.arors Centre is a registered Scottish Charlty undor the Office of the Scott15h Charity Regulator IOSCRI and a cotr.pany Illted by guarantee. As such Inverclyde Carers Centre is governed by its Memorandutn and Articles of A5sociatLOn. ointmènt of trii8tee8 I'he -r'Jsteos of the cTr.aritabLe Company are appointed in accordance with the Articles of Association. Th8 maxirnuTr nuThber of directors is twelve. At each AGM, all of the dixectors shall retire from office but shall then be eligible for re-election.
page 3 INVERCLYDR CaRERS (INTRE TRUSTEES RKPORT (contl d. ) or the yèar •nded 31 March 2026 Rl8k mana ement Th8 organisation has a sk Policy which details its Risk manageThent strategy comprising: We review the prineipaL risks aid uncertainties that the charity facÈs. EstablishrneTht of poLicies, systems and prccedure5 to rnitigate thcse riBks identlfied IN reirlew. Trnplenentation of procedu-es designed to mininuse or manage any potential impact on the charity, should those risks materialise. The Rxsk RegistEE is reviewed at regular intervals. AttentiOTI 15 paid to non-financial risks ari8ing from fire and health and safety of staff and clients. These risks are nanaged by ensuring accreditation is up to date and having robust poLicies and procedures in place. ruotaas r•8pon8ibilzti•8 r•latson Èo the financial #tataLoJta The trustees Iwho are the diiectors of Inverclyde Carers Centre for the purp08e of Company lawl are responsible for preparing the Trustees ArLnual Repo-t and the financial statements in accordance with applicable Law ancl United Kingdom Accour_ting Standard$ Iunlted Kingdo Generally Accepted Accounting Practice I Cornpany law requires the trustee5 to prepare financxal statements for each financial year which give a true and fair Flew of the Btate of affairs of th8 charitable company and of the iDcoThe and expenditUEe of the clLaEltablÈ company for that period. In preparinq these financial StateerttS, the trustees are required to: Select SULtable accounting policies and then apply them consLStently,' Observe the nethcds ancl principles in the cha-ities SORP,. Make judgements and estimates that are roasonable and PEudent,' state whelh&r applicable UK Accounting Standards have been followed. subject to any material departures (Li5closed and explained in the financial statements: Prepare the Accounts on the goirLg eoncern basis unl&ss it is inappropriate to presume that the Conpany wilL continue in business. The trllstee5 are responsible for keeping proper accounting record5 that disclose wLth rea80nabLe accuracy at any tinLe the financial positiOTk of the charitable company and enable them to ensure that the financial statement5 cOPIY with the Conpanies Act 2006. They are also responsible for safeguarding the assets of the chaElty and honce for taking reasonable steps for the prevention and detection of fEaud and other irregularities. The trustees are responsible for the nwintenance and integrity of the corporate and f inancial information included OTh the charitable company, s website. Legi81ation in the United Kingdom goverp.ing the preparation and disserniThation of financial 8tateTnents nay dif f er from legislation in othei Jurisdictions. Indapandent Examxa•r The Independent Exate.iner* Tracey OrE> of We16h 51alker Ltd, Chartered AcGountant8h will not be reappointed as the charity ha8 ceased to trade and no further financlal $tatements will be prepared. Approved by order of the board of trustees on 30th June 2026 and signed on its behalf by: f.hristina Boyd rusts•
pagè 4 INVERCLYDE CARERS INCQME & E>TrENDITURE ACCOTJNT Yor thè year ended 31 blarch 2026 2026 2025 XNCOM Inverclyde Cowioil/HSCF HSCP Young Carers Shared Care Scotland TiTr.e to Live Mental Health & Wellbe-ng -und other Income Donations 27,263 2,883 68,044 14,694 303 2,230 5,320 5, 320 115, 417
page 5 INVERCLYDE CAPERS CRNTB2 INCOMK & IXPENDITURE Accouwr Icontfdl for the year anded 31 March 2026 2026 2025 EXPENDITUP Salarles lincluding redundancy c05t51 Pension Costs Rent Water Rate5 Heat & Light Cornputer Costs Maintenance ConttactB and Aealth & Insurance Broadband & Internet Publications & Subscriptions stationery Postage AdvertLSLng & Prornotional Costs Telephone5 Audit Accountancyi legal & professional f ee8 Payroll Costs Elospitality Bank Charges GeneraL Expenses Sitter Services Alarm Costs Caret ActiTrrities Other Services Costs Short Breaks Emotional Support Depreciation 95.673 3,568 19, 421 1.2DI 2. 932 7,936 274 1.851 1,792 740 73 86,623 2.370 16,700 1.050 5, 912 8,806 3,438 2,472 2,094 991 652 144 206 855 3,419 3,288 843 69 302 1.747 2,200 415 8, 024 311 51,358 163 2,009 66 368 4,616 800 L07 2,412 520 6,077 249 2,OD9 1 152, 685 1 1 206,461 1 (Defi¢itl for the year 1 147.365 1 1 91, 044 1
page 6 STATSMgNT OF FINANCIAL ACTIVITIES or the yaar artd 31 bfarcb 2026 Curr Yaar Unre8trictsd R88tsict8d Total 2026 2026 2026 Not8 Incom9 IncoThe frorn generated funds: Voluntary IncollLe 5. 320 5,320 otal Incorne 5,320 5,320 ExpantUr0 Charitable Activities 1 152. 685 1 1 152, 685 1 ransfeLs in the year 20, 042 1 20.042 1 Ngt Movement in funds 1 127,323 1 1 20,042 1 1 147,365 1 Reaonciliatxon of funds Total funds brought forward 12B, 579 20, 042 148, 621 Total funds carried forward 15 1,256 1,256 The Stat&Trent of Financial Activities includes all gains and losses in the year.
page 7 INVRRCLYDE CARER8 CEWIRE 8TATEE4ENf OF FINANCIAL ACTIVITIES or the y8ar ond•d 31 blarch 2026 CoAparativ• Y•ar UrLr•8triatsd land8 2025 R•8trictod Total 2025 202S Not• InaoxL• Income frollL generated funds: Voluntary IncoJr.e Incorne f rom Charitable Actlvitlos 30,449 82, 738 113,187 2.230 2,230 Total Income 32.679 82,738 115,417 Kxpgnditure Charitable ActLVlties 1 131, 419 1 1 75, 042 1 1 206,461 1 ransfers in the yeat 17,116 1 17, 116 1 Nat Movomont in fund8 1 81,624 1 1 9,420 1 1 91,044 1 R¢conciliatitsn of £llnd8 Total funds brought forward 210.203 29,462 239, 665 Total funds carrled forward 15 128. 579 20,042 148, 621 The Statement of Pinanclal ActLVlties includes all gains and losses in the year. incaLlle and expenditure derive from continuing activities.
page 8 INVERCLYDE CARERS cRE BALhNCE SHEET As at 31 March 2026 Nots 2026 2025 FIXKD ASSETS 2,009 CURRENT ASSETS Debtors Cash at bank and in hand io li 6, 090 147, 972 2.450 2,450 154,062 2,450 156,071 CREDITORS: amounts falling dua vithin one yeaz 12 1 1, 194 1 CUP2ENT ASSETS ,256 148,621 RESERVES Unrestricted f Lnds Restrieted funds 14 14 1,256 128,579 20,042 ,256 148, 621 The charltable corn?any is entitled to exeThption from audit under Section 477 of the Companios Act 2006 tor the year ended 31 March 2026. The members have not required the charitable Company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordaDce with section 476 of the Colltpanies Act 2006. The trustees acknowledge their respoL]sibilities f or: lal Ensurinq that the oharitab-e cornpany keeps accounting records that coThply wlth sections 386 and 387 of the Companies Act 2006. and Ibl Preparing financial stateroents which give a tTue ard fair vie1 of the state of affairB of the charitable company as at the end of Èach financial year and of its surplus or deficit for eacFL finap.cial yeaT in accordance with the requirernents of sections 394 and 395 and which otheTrrise COTLpLy with the requirements of the Cortrpanies Act 2006 relating to financial statement5. $0 far as applicable to the oharitable coTrpany. The financial statement8 have been prepared in accordance with the Special provlsions of Part 15 of the Companie5 Act 2006 relating to 5Trall charitable companies. The financial statements were approved by the Board of Trustees on 30th June 2026 and wer8 signed on its beha_ by: ncis Caldliell ChaLrperson CoLpany Nurnb9t - SC312596
page 9 CASHFLI)W 8TATEbSWT A8 at 31 Mar¢)h 2026 Notea 2026 2Q25 R•e¢n¢&llation of Operating Defxoit to N•t Ca8h Outflow from Opstating Actsvits08 Operating Deficit Resources 1 147,365 1 1 91,044 1 DepreciatiOTL Charges 2,009 2,009 Decrease in Debtors 6,090 34,227 (Decrease) / Lncrease in Creditors 1 6,256 1 1 4, 639 1 Not Cash Outflow £rox Opsratlng Activities 1 145.522 1 1 59.447 1 R•eonri1at1On of Ca8h Flow in Cash 5kndB Decroaso in Net Cash Funds 1 145,522 1 1 59. 447 1 Opening Cash Funds 147. 972 207, 419 Closing Cash Funds 2.450 147. 972
page 10 Notes to the Acryount8 For Qnded 31 Mar¢h 2026 ACCoU1c POLICIKS The Registeted Office of the Charity is Welsh Walker Ltd, 179A Dalryrnple Straet, Greenock FA15 IBX. The principal a-counting polLCLe5 adopted, JudgeentS and key 50urce5 of estimation uncertainty in the preparation of the financial staternents are as follows: al Basi8 of aocounting The Accounts are prepared under the historical cost convention, and in accoEdance with applicable accountLf.g standards in the U.K.. the StateThent of Recon)mended Practice: 5¥c=ountiThg ana Reporting by Charities and the Financlal Reporting Standard AppLlcable in the UK and Republic of Ireland IFRS1021, the Charities and Trustee Invest&ment (Scotlandl Aot 2005 aEkd t.he Charitie8 Acoounts Iscotlandl Regulation5 2006 las arnendedl The accounts are prepared in accordance with the Cornpanies Act 2006. The FinanciaL Statements are prepared in sterlingr which is -F.e functional currency of the Charity. Monetary arLounts in these Financial StateTheThts aEe rounded to the nearest £. b) Ptapatatxon of thg accounts AB the charity has now ceased to trade. the trustees do not consider it appropriate to adopt t.e going concern basis of accounting in prÈparing the financial statements. Actordingly the financial staknernent5 have been prepared an a basi$ other than going concetn. el Xncoma Incotne is Eecognised when the charity has entitlernent to the funds. any perfornance eonditlons atta-hed to the items of incorne have been et, it 15 probable that the income will be received and the amount can be measured reliably. Income from goretnment and other grant8, whether 'capital' grants oi grants, is recognised when the cfr_arity has entitlement to the funds. any perf ormance conditions attached to the grants have been Thet. Lt is probable that the income will be received and tb.e &lLOUllt can be measured reliably and is not deferred. revenue
page 11 Note3 to tho ALYrJount8 {c¢nt' d) For the year ¢ndgd 31 March 2026 dl EXptre and irrecoverable VAT Expenditure recognised once there is a legal or constructive obligation to make a pawftent to a thi-G partyi It is p-ob-ble that settlement will be reqired, and the amount of the obligation can be Teasured reliably. Expenditure is classifi2d under the f oLLowing actlVLty headings.. Charitable expenditure comprises those costs incurred by the charity in the delivery of its act-v-tids and 5e-yices for its ber.e_icia-ies. It inclJdÈs both costs that can be aLlocatEd directly to such activitiès a4ld Ihose costs of indlreet nature necessary to support then. This incluaes costs relating to the support of local carers and the costs of maintaining the centre. •) Tangxbl• fuod A8811ts Depreation Tangibl8 fixed a85ets are initlally measured at cost and subsequently measured at C05t or valuation, net of depreciation and any ipa1rnent losses. Depreciation is provided at rates calculated to write off the cost or valuatlon Less estLmated residual value of each asset over its expected useful life, as follows: Computer Equipment 25% Straight Line The gain or loss arising on the dL5posal of an asset is deterTrined as the difference between the sale £} Impaltment of FIX Assets t each reportlng date fixed assets are reviewed to determine whether ther8 is any indicatLofL that those assets have suffeEed an llllpaiTrnent Loss. If there is an indicatiorL of possible MTrpairment, the recoverable anount of any af£ected asset is estilllated and compared with its carrying amount. If e8tuated recoverable amount is lower, the carrying anount is reduced to it5 eStla-ed recoverle amount, and an uApairnent loss is iecogni5ed -nThediateLy in the Jr?fit and loss account. If an IPaIr]ent loss subsequently reverses, the carry amount of the a88et is increased to the revised estllnate 0£ its recoTretable amount, but not in excess of the amowit that would have been determined had no -mpairment loss been reeognisod for the asset in prLor years. reversal of an pa-rILeTht loss is r2cognised llomediately in the profit and logs account. gl DabtorB Trade and other debtors are recognised at the settlement arnount due. PrepayllLents are valued at the amount prepaid. h) Cash and Cash EqUva1t Cash at bank and in hand are bas. c f inancial assets and Lnclude Cash in hand, deposits held at calL wlth banks, otELer short-terrn liquid investroents WLth original rnatllrities of three mor.t.rys or less, and bank overdrafts. Bank overdrafts are shown within borrowirkgs curreit liabil ities.
page 12 INVKRCLYDE CARERS CE Not•8 to tha Accounts loont'd) Fcr tha year eIad 31 bfarch 2026 i) Creditors al Pror1810n8 Creditors and PEOVLSLons are recognised where the charity ha8 a present obligation rèsulting from a past event that will probably resLIt in the transfer of funds to a third party and the amount due to settle tF.e obliga-ion can be LneaBured or estirnated reliably. Creditcrs ar.d provisions are normally recognised at their settlement amount after allowing for any discount due. j l Financial Instruments The charity has elèctÈd to apply the provisions of Section 11 Instruments, of FRS 102 to all of its financial in3trurnents. IBasic Financial Basic Fillanoxal A88•t8 Basia f inancial a8se which include debtOEE and cash and bank balances initially Measured at transaction pric iThcluding transaction costs and re SLtssequently ca--ied at amortised c08t using the ef fective interest xethod unlèss the arrangeent const-tutes a financing transaction. where the transaction is Thea5uEed at the present value of the future receipts discounted at a market rate of interest. are Financial assets classified as receivable within one year are not amortised. Financial a5setSi Other than those held at fair value through profit and loss. are as5e55ed for indicator8 of iJDpairnent at each reporting end date. Any iThpairLnent loss is recociised in the income aDd expenditure account. aDsequent reversa15 ate reversed recognised income and expencliture but nDt in Excess Gf th& amount that would have been determined had no irnpairJTLent Ioss been recognised for the asset in prior years. Cla33i£icatXgn 0£ Fitwicial Liab&litzes Financial liabilities and equity instrurnents are cLassif led according to the substance of the contractual arrangernents entered into. An equity InStruent any eontract that evidences a residual interest in the assets of the charity after dedueting all of its liabilities. Basic Financial Liabilit&es Basie f inanci81 liabilities. ittcluding creditors, bank loans, loans frorn fellow group entities and p-e£erence shares that are classified as debt, are initially recogrkised at tEanBact&on price uiless the arrangeLfLent constitutes a financing transactlOTIF where the debt instrument 15 ]lleasured at the present value of the future pallent$ discount8d at. a maEket. rate of ntereSt. Einancial liabilities olassified a8 payabl.e within one year are not amortised. Debt instruments are subsequently carried at amortised cost, uslng the ef£octivÈ interest rate ethOd. Trade cred-:to-s are obligatlDns to pay for goods or Services that have been acquired in the ordinary course of business from suppliers. Amoants payable are classi f led as current liabilities if payment is due within one year or less. J f not, they are presented as non-current liabilities. Trade creditors are re¢o¢Tnised initially at transaction price and subseqllentLy ineasured at amortised cost using the effective nterest method.
page 13 INVKRCLYDE ChRER8 CENTRZ Note8 to tha Accounts Icontldl For th• yaar •ndod 31 blaroh 2026 kl General Fund The Charity operateE a General Fllnd which is unrestricted in its use. The sub-division of the GeneraL ELd iikto designated funds is at the Trustees, discretLQTh. l) Pen8iona Paymènts to defined contribution retirement benefit schemes are charged a5 an expense as they fall due. ) RmFloymant B8n8fits The costs of short-term ernployee benefit8 including hoLiday pay are recogni$ed as a liability and an expense. In the application 0£ the Charity's accounting policies, the trustee5 are rewiied to make judgements, estiTtates and assJrnptions about the carrying amount of assèts and LiabilitLe5 that are not readi'y apparent frorn othe- sources. The estirnates and associated assum?tions are basea on historical experience and other factots that are considered to be relevant. Actual results may differ from these estimates. The estimates arjd underlying a55UJtiptiOD5 are reviewed on an ongoing basis. Revisions to accounting estiroates ale rettognised in the period in which the estlmate is revised where the revision affects only that period, 01 in the peiiod of the revision and future periods where the revision affects both current and future periods. Critical Judg8rn8nt8 The following judgernents lapart frorn those involving estiThatesl have had the m08t Significant effect on amounts recognised in the financial statements. Depr&ciation of fixed assets has been based on esti]Thated useful lives and residual values deerned a?propriato by the trustees. E5tirJated useful lives and residual values are reviewed annLGlly aThd revised as appropriate. Bad Debts Bad deat provisions are proFided at rates deemed appropriate by the trustees. Specific allowances are provided for when it Is known to the trustees that the debtor s not recoverable in part or in full. General allowances are provided based on the trustees, cumulativ8 knowledge and oxpÈrience of the Industry* where it Is deemed probable a portion of the debtors balance will become unrecoverable.
page 14 Not08 to tha ?aoUnt$ {oont'dl For the yaar ended 31 March 2026 LECAL STATU8 OF THK CHARITY The Charity is a coNKpany limited by guaEantee and has no share capital. INCONK - YO1RY/GBAN INCLI4E Unr8strict•d FuDd8 2026 R•atrict•d Total Funda 2026 2026 other Income 5, 320 5, 320 TOTAL INCO 5.320 5, 320 UDr•#triet8d Rastsictgd d$ 2025 Total 2025 2025 Inverclyde CounciL/HSCP Shared Care Scotland Tutte to live Mental Health elIbeIng FLmd HSCP Young Carers other Income 27, 263 27,263 68.044 14,694 2, 883 303 68,044 14,694 2. 883 303 30,449 82.738 113, 187 INCthE FROM CHARlmLE ACTVITIEs Unrestrictod Fund8 2025 RgÈtricted Total 2025 2025 Donatxons 2,230 2,230 2. 230 2,230 TOTAL INCOME 32,679 82,738 115,417
pag& 15 Notes to the Acoount8 (cont'd) tror tho yaar •nd•d 31 Haroh 2026 tJnr?$trioted Funds 2026 Restricted Total Funds 2026 DIRZCT CHARITABLE EXPENDITURE 2026 Salaries Pension Costs Rent Water Rates Heat & Light Cornputer Costs Maintenance Contracts & Health & Safety Insurance Broadband & Internet Publications & Subscriptions statLbtiéty Advertising & Prornotional Costs Telephone Accountancy¥ Legal & Prof essionaL Fees Payroll Costs Bank Charges General Expenses ALarrrL Costs Car8r ActivitleS Short Breaks Depreciation 95, 673 3, 568 19.421 1.201 2,932 7,936 274 1,851 1.792 740 73 66 368 4,616 800 95, 673 3,568 19,421 1,201 2,932 7,936 214 1,851 1,792 740 73 368 4,616 800 107 2,412 520 6,077 249 2,009 2,412 520 6,077 249 2, OD9 152, 685 152,685
page 16 Not•s to th• Aooount$ {oone' d> ror tha yoar ded 31 March 2026 TJDtrstriet8d R8Btrictsd Funds 2025 Total Funds 2025 DIRECT CHARITABLK EXPENDITURE 2025 Salaries Employers NT Pension Costs Rent Water Rate8 Heat & Light CoThputer Costs Maintenance Contracts & Health & Safety InBuranoe Broadband & internet Publxeatiotla & Subs-riptions Stationery Postage Advertising & Promotional Costs Telephone Audit Costs Accountancyp Legal & Professional Fees Payroll Costs HospitalLty Bank Char¢Jes General Expenses FJnotional Suppo-t Sitter Service8 Alarrn Costs Carer Activities Other Service Costs Short Breaks Depreciatlon 68,612 765 1,592 16,700 970 5,912 8,806 3,438 2,472 2,094 991 652 144 16,446 800 778 85,058 1,565 2,370 16,700 1,050 5,912 8,806 3,438 2,472 2,094 991 652 144 80 206 855 3,419 3,288 843 69 302 1,747 163 2.200 415 1,794 311 650 2. 009 206 855 3,419 3,288 843 69 302 1,747 163 2,200 415 8,024 311 51,358 2,009 6,23D 50,708 131.419 75.042 206,461
page 17 INVERCLYDE CARERS CENTRE Nota& to th• Accounts {aont' d. ) or th• y•ar and•d 31 fylarch 2026 OPEBATING DEFICIT The deficit for the year is stated after charging 2026 2025 Auditors, remuneratlon 3,419 TAXATION The charity is exempt fro]D tax on income and gains falling wlthin section 1177 of the Corporation Tax Act 2010 or Secknion 256 of the Taxa=ior. of Chargeable Gains ILct 1992 to the extenL that -hese are applied to its cnaritable objects. No tax charges have arisen in the c.iarity. FID A88ET8 Cornputar Xquipment Total C08t s at l April 2025 Disposals 8.D36 1 8,036 1 8,036 1 8,036 1 As at 31 March 2026 As at l April 2025 Charge for year Disposals 6,027 2,OD9 1 8, 036 1 6.027 2.009 1 8,036 1 A5 at 31 t¥krch 2026 Not b¢)ok valu8 As at 31 MarcbL 2026 As at 31 Narch 2025 2,C09 2,009
page 18 NoÈa8 to th& Aaoounts loont, d. ) For the year ended 31 bjarch 2026 2026 2025 10. DEEOR8 Trade Dèbtors Prepayrnents 137 5,953 6, 090 ii. Cash at Bank Cash in b.and 2,450 147, 964 2,450 147, 972 12. CBIDITORS - amount¥ falling du• withln ono y••r Ac¢ruaL8 other CreditorB 460 734 4,907 2, 543 1,194 7,450 13. ANALYSIS OF IAET ASSKTS BETPIEEN FVNDS Unre8trict•d Funds Restricted Fund Total Tangible assets CuLEÈnt assets Currènt Ilabllities 2, 450 1 1.194 1 2.450 1 1, 194 1 Net assets at 31 March 2026 1,256 1,256 Unr&str&ot•d ReBtricted Funds Total Tangible assets Current assets Current liabilities 2,009 18,033 2,009 154,062 1 7, 450 1 136, 029 1 7, 450 1 Net assets at 31 March 2025 128. 579 20,OL2 148, 621
pag6 19 INVERCLYDE CARERS CKWIB Not•8 to th8 Aa¢ount¥ (cont, d. ) For the year ended 31 Harch 2026 14. BISKRVES Unro8trict Restsictad Total 8aLance at l Ap-iL 2025 Transfer from Incone and Expenditure Account 128,579 20.042 148, 621 1 127,323 1 1 20,042 1 1 147, 365 1 BaLance at 31 March 2026 1.256 Unt&8trictsd Rtstricted Total Balance at l April 2024 Tran3fer from Tncorne and Expenditure Account 210,203 29.462 239, 665 1 81.624 1 1 9,420 1 1 91,044 1 Balance at 31 t4Jarch 2025 12B, 579 20,D42 148, 621 15. At l April 2025 At 31 March 2025 Incong Resources Outgoing R•$oure• Transfèrs Restricted Funds: Shared Care 4*CQtland Time to Live CVS Mental Health & Wellbeing E U4id Total Ro¥tri¢ted Funds 1.132 1 1,132 1 18, 910 1 18,910 1 20,042 1 20,042 ) Unre¥tri¢tod nd3. General Func I Centre Itkcome / Exp I Totsl Unre8tri¢t•d 128.579 5,320 1 152,685 1 20,042 1, 256 128,579 5,320 1 152.685 1 20,042 1,256 Total Funds 148,621 5,320 1 152,685 1 1,256
page 20 INVERCLYDE CASERS CENTRE Not•¥ t¢ th• Ac¢ount8 (contfd. ) For th8 year anded 31 E4arch 2026 15. IN FUNDS Ic¢nt'd. I At l April 2024 At Outgoing ko8OUtcos 31 Ttans£èrs 2025 RasttIot Funds: Shared Care Scotland TirtLe to Live Carer CapaEity Building Fund Young Start Cost of Llvir.g Fund STV ChiLdren' s Appeal LTU Programe Scotspirit Fund CVS Nental Health & Trlellbeing FLLncl Winter Fund Rernote Working Young Carets Festival Scotwest Cornrnwiity Fund stagecoach Conwiunlty Fund HSCP Young Ca-ers Total Rostrictsd Fmds 1,884 68,044 1 68,796 1 1, 132 3, 830 54 365 1 3,B30 1 1 365 1 1,.820 5.402 132 1 1,820 1 1 5,402 1 1 132 1 10, 462 526 990 14,694 1 6.246 1 18,910 1 526 1 1 990 1 244 1 244 1 523 1 523 1 274 2, 956 1 274 1 1 2, 956 1 29,462 82,738 { 75,042 ) ( 17,116 1 20,042 Unr¢strxct•d Yund8: Designated Core Funds Designated Fundraising General Fund Icentie Income / Expl otal Unrostrictad 8,268 } 8, 268 7,841 1 7, 841 1 210, 630 32,679 1 131,419 1 16,689 128,579 210,203 32,679 1 131,419 ) 17,116 128,579 Total Fund 239. 665 115.417 { 206,461 ) 148, 621
page 2L INVERCLYDK CARERS CENTr3 Notas to the AccouutB Icontld. ) For the year er4ded 31 Maroh 2026 os• 0£ Restricted Funds Shared Cara ScOtlar 'Tim&) tr) lav#, Thls fund coitained a srnall anCilf.t of noney left over from the award and the Board agreed to transfer it to a general teserve. CVS Meratal Health and Wellbain Yund ThL5 tund conta-ned a EThLall arnount of rnoney left over froTh the award and the Board agreed to transfer it to a general reserve. 16. STAFF COSTS A14D NclER$ Staff costs were as follows 2026 2025 alarie5 and wages (including redundancy c08tsl SociaL Secarity costs Pension costs 95, 673 85, 058 11, 565 2, 370 3,568 99.241 98,993 No ellLpLoyee received ellLolurnents of Lllore than £60, 000 either in this year or the prèvious year. The average weekly nuThber of employees during the year was 3 12025 31 17. No trustees received any remuneration during the year. 18. PENSION SCHRNZ The Charitable Company operatES a def ined contribution Pension Scheme for its employees. The assets of the s-h*Te are held separately fro]n those of the Charitable Company in an independentLy administered fund. The unpaid contribution5 ou-"-ar.ding at the year end were £NIL 12025 2591 19. Remuneration to key manageTrent in the year was £3B.000 12025 £39,853> 20. At 31 March 2026 the company was coumitted to Thaking the following payments under non- cancellable operating leases the year to 31 March 2026: 2026 2025 Due in less thèn one yea Due between one and five years 17,000 51, 000 68,000
page 22 TIKLSH WALKER 175A DaLryrapl• Streat Gro•nock PA15 IBX T81. 01475 722233 Xxamin•r'8 Raport to the TruÈt••8 of Inverclyde Cater8 Centr8 Illthe charity") report on the accounts of the chaiity for the year ended 31 Match 2026. Respectiv• r•sponaibilitie8 oe tru$tsg$ and tixar The charity's trustees Iwho are also the directors of the cornpany for the purposes of company lawl are re8ponsibLe for the preparation of the accounts in accordance with the terThs of the Cha-i-ies and Trustee InvestThent IScotLandl Act 2005 and the CharitlES Accounts IS¢otlanal RegulatLons 2006 las amendedl. The cha-ity trustees consider that the audit reiwiternent of Regulation 10111 (al to Icl of the 2006 AccoJnts Règulat10Th5 does not apply. It is my respor.5ibility to exalune the accounts as rèquirÈd und8r section 44 111 Icl 0£ tho Act and to state whet.hei partiuular matters have come to my attention. Basis 0£ IndapgTrdt exaller. a $tate7llent My exarnination is carried out in accordance with Regulation 11 of the 2006 Accounts ReguLation5. An exam-'Thation incluces a review of the accounting records kept by the charity and a oornpatison of the accounts presented with those reccrds. It al so Includes consideration of any unusual items o- disclosures in the accounts, and seeks explanations frorn the truste2s conce=r.iig any such llLatters. The procedure5 undertaken do not provide all the evidence that WOU&d be required in an audit and, cor.sequentLyrt I do not expre3S an audit opinion on the view given by the accounts. Independènt •xamin8r' s stat9*¢ In the cour5E of my exa]natiOn no rnattei ha5 corne to my attention: 11 which gives ne re8SODable cause to belieFe that. requirements: in any materlal respect, the to keep accounting records in ac-ordance t4xth Section 4411) lal of the 2005 Act and R2gulation 4 of the 2006 Accounts Regulations. and to prepare accounts whlch accord with the Re<Julation 8 cf the 2006 Accounts Regulations accounting records and comply with have not been ]net: oi 21 to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Tracey Orr Chartered Accountant elsh Walker Ltd 179A DaLrympLe Street GPEENOCK PA15 IBX 30th June 2026