REGISTERED CHARITY NUMBER: SC044983 ort of the Trustees and Unaudited Financial Statements for Ihe Year Ended 31 March 2028 for Helmsdale Communi Trans ort SCIO Mackay & Co Chartered Accountants Unil 8 Golspie Business Park Golspie Sulherland KW10 6UB
Helmsdale Communi Trans ort SCIO Contents of the Financial Statements for the Year Ended 31 March 2026 Page Report of the Truslees Independent Examiner's Report ststement of Financial Activilies Balance Sheet Notes to the Financial Statements 6 to 10 Detailed Statement of Financial Actlvilies
Helmsdale Communi Trans ort SCIO ort of the Trustees for the Year Ended 31 March 2026 The trustees present their report with the financial statements of the charity for the year ended 31 March 2026. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statemenl 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 Oblectives and aims The organisation's purpose is to advance citizenship and community development and to provide relief to the people resident in the Helmsdale Community, and their environs. who are in need by reason of age. ill health, disability, financial hardship or other disadvantage. In particular, but without prejudice to the geniality. 1.1 To provide and assist in the provision of not-for-profit community transport services serving the needs of such people, and of other community groups and members. 1.2 To operate community transport services and to encourage partnerships between community transport providers in Ihe area of benefit to provide a shared resource of community transport., 1.3 To make available to the general public the benefits and outputs of this work,. 1.4 To proactively and after consultations, bring the needs and wishes of the members and the general public to the attention of the statutory authorities; 1.5 To provide for a community transport service in a rural setting, that meets the needs of the community, its environs, and the needs of the general public. The Charity's main aims for the year are lo ensure that the above statements are achieved. FINANCIAL REVIEW PrincSpal funding sources All activities are conducted with the aim of generating income to meet the Statutory requirements and Community needs of running a minibus company. The are various fundraising events planned to enable us to meet the above criteria. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is conlrolled by its governing document, a deed of trust and constitutes an unincorporated charity. Recruitment. appointment, and induction of new trustees The Charitable organisation is self-funding and the aim of recruiting new Trustees is to have as broad a skill base as possible.This means that much of the day-to-day administration and maintenance can be undertaken by a Trustee on a voluntary basis. Potential Trustees are briefed on the Aims and Objectives of the SCIO. New Trustees have an informal Chat concerning the aims of the Organisation and their responsibilities as a Truslee. Any further training, if required, is then arranged. Page 1
Helmsdale Communi Trans ort SCIO Re ort of the Trustees for the Year Ended 31 March 2026 STRUCTURE, GOVERNANCE AND MANAGEMENT Organlsational structure The Helmsdale Community Transport was known as Helmsdale and District Community Bus Association and on the 25 March 2014 the Committee took the decision to become an incorporated organisation with Charitable slatus. It became a Scottish Charitable Incorporated Organisation on the 8 July 2014 and ils governing document is its Constitution. The Trustees meet on a monthly basis, following a set agenda (a quorum is five Trustees). Urgent itemslemergencies are dealt with by the Office Bearers and reported on at Ihe next monlhly meetin9. All decisions are taken at the monlhly Trustees meetings and any urgent itemslemergencies are dealt wilh as and when they arise la Quorum is five Trustees) and the full Board are advised as soon as possible. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number SC044983 Principal address 142 West Helmsdale Helmsdale Sutherland KW8 6HH Trustees Mrs R M Ellis Treasurer, Secretary G Lippitt Mrs l MacPherson Mrs R Shorrock {resigned 22.12.25) G Smith Chairperson G Maxwell Mrs G Stephenson (appointed 27.8.25) Independent Examlner Marcus D. Maclver CA Mackay & Co Chartered Accountants Unit 8 Golspie Business Park Golspie Sutherland KW10 6UB Approved by order of the board of trustees on 2 June 2026 and signed on its behalf by: G Smith - Trustee Page 2
Inde endent Examiner's Re Helmsdale Communi Trans ort to the Trustees of ort SCIO I report on the accounts for the year ended 31 March 2026 sel out on pages four to ten. Respective responsibilities of trustees and examlner The charity's trustees are responsible for the preparation of the accounts in accordance with the tems of the Charities and Trustee Investment {Scotland) Act 2005 and the Charities Accounts {Scotland) Regulations 2006 las amended). The charily's trustees consider that Ihe audit requirement of Regulation 10111{al to {cl of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 4411)Icl 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 Ihal would be required in an audit, and conseqL¢ently I do not express an audit opinion on the view given by the accounts. Independent examlnerfs statement In connection with my examination, no matter has come to my attention (11 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 lo 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. Marcus D. Maclver CA The Institute of Chartered Accoun ts of Scotland Mackay & Co Chartered Accountants Unit 8 Golspie Business Park Golspie Sulherland KW10 6UB 2 June 2026 Page 3
Helmsdale Communit Trans ort SCIO Statement of Financial Activities for the Year Ended 31 March 2026 31.3.26 Total funds 31.3.25 Total funds Unrestricted Restricted fund funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 3,080 9,500 12,580 12,290 Charitable actlvlties General 4,663 4,663 3,860 Inveslment income 181 181 172 Total 7,924 9,500 17.424 16,322 EXPENDITURE ON Charitable activities General 5,877 9,500 15,377 15,363 NET INCOME 2,047 2,047 959 RECONCILIATION OF FUNDS Totsl funds brought forward 26,562 26,562 25,603 TOTAL FUNDS CARRIED FORWARD 28,609 28,609 26,562 The notes form part of these financial statements Page 4
Helmsdale Communi Trans ort SCIO Balance Sheel 31 March 2026 31.3.26 Total funds 31.3.25 Total funds Unrestricted Restricted fund funds Notes CURRENT ASSETS Debtors Cash at bank and in hand 1,284 27,761 1,284 27,761 838 26,078 29,045 29,045 26,916 CREDITORS Amounts falling due within one year 1436) {436) (3541 NET CURRENT ASSETS 28,609 28,609 26,562 TOTAL ASSETS LESS CURRENT LIABILITIES 28,609 28,609 26,562 NET ASSETS 28,609 28,609 26,562 FUNDS Unrestricted funds 28,609 26,562 TOTAL FUNDS 28,609 26,562 The financial statements were approved by the Board of Trustees and authorised for issue on 2 June 2026 and were signed on its behalf by- G Smith - Trustee The notes form part of these financial statements Page 5
Helmsdale Communi Trans ort SCIO Notes to the Financial Stalements for the Year Ended 31 March 2026 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of Ihe charity, which is a public benefit entity under FRS 102. have been prepared in accordance wilh the Charities SORP {FRS 1021 'Accounting and Reporting by Charilies: Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities and Trustee Investment (Scotlandl 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. il 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 expendilure, 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 lo activities on a basis consistent with the use of resources. Tangible flxed assets Depreciation is provided at the following annual rales in order to write off each asset over its estimated useful life. Motor vehicles 25Vo on cost Computer equipment - 25/0 on cost Taxation The charity is exempt from tax on its charitable activities. Fund accountlng 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. Reslrictions 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. Page 6 continued...
Helmsdale Communi Trans ort SCIO Notes to the Financial Statements - continued for the Year Ended 31 March 2026 INVESTMENT INCOME 31.3.26 31.3.25 Deposit account interest 181 172 INCOME FROM CHARITABLE ACTIVITIES 31.3.26 31.3.25 Activity General Bus hire Bus SeNice Operator's Grant 3.651 3,458 General 1,012 402 4,663 3,860 CHARITABLE ACTIVITIES COSTS Direct Costs Support costs Totals General 14,584 793 15,377 TRUSTEES, REMUNERATION AND BENEFITS Rona Ellis was paid £11,833.88 {2026) - £11,162.1612025) Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2026 nor for the year ended 31 March 2025. TANGIBLE FIXED ASSETS Motor vehicles Computer equipment Totals COST At 1 April 2025 and 31 March 2026 46,134 914 47,048 DEPRECIATION At 1 April 2025 and 31 March 2026 46,134 914 47,048 NET BOOK VALUE At 31 March 2026 At 31 March 2025 Page 7 continued...
Helmsdale Communit Trans ort SCIO Notes to the Financial Ststements - continued for the Year Ended 31 March 2026 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.26 31.3.25 Trade debtors 1.284 838 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.26 31.3.25 Other credilors 436 354 MOVEMENT IN FUNDS Net movement in funds At 31.3.26 At 1.4.25 Unrestricted funds General fund 26,562 2,047 28,609 TOTAL FUNDS 26,562 2,047 28,609 Net movement in funds, included in the above are as follows.. Incoming resources ReSoUrS Movement expended n funds Unrestricted funds General fund 7,924 15.877) 2,047 Restricted funds SSE Community Funds 9,500 19,500) TOTAL FUNDS 17,424 {15,377) 2,047 Page 8 continued...
Helmsdale Communi Trans ort SCIO Notes to the Financial Stslements continued for the Year Ended 31 March 2026 MOVEMENT IN FUNDS - continued Comparatives for movement in funds Nel movement in funds At 31.3.25 At 1.4.24 Unrestricted funds General fund 24,538 2,024 26,562 Restricted funds SSE Community Funds 1,065 {1,065) TOTAL FUNDS 25,603 959 26,562 Comparative net movement in funds. included in the above are as follows: Incoming ReSoUrS Movement resources expended in funds Unrestricted funds General fund 6.822 14,798) 2,024 Restricted funds SSE Community Funds 9,500 (10,565) {1,065) TOTAL FUNDS 16,322 (15,363) 959 A curreni year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 31.3.26 At 1.4.24 Unrestricted funds General fund 24,538 4,071 28,609 Restricted funds SSE Community Funds 1.065 11,065) TOTAL FUNDS 25,603 3,006 28,609 Page 9 continued...
Helmsdale Communi Trans ort SCIO Notes to the Financial Statements continued for the Year Ended 31 March 2026 MOVEMENT IN FUNDS- contlnued current year 12 months and prior year 12 months combined net movement in funds. included in the above are as follows= Incoming Resources Movement resources expended in funds Unrestricted funds General fund 14,746 110.675) 4,071 Restricted funds SSE Community Funds 19,000 {20,065) {1.065) TOTAL FUNDS 33,746 (30.740) 3.006 10. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2026. 11. ASSETS Assets Cost Current Value 2026 Current Value 2025 Oil tank 1,922 536 596 Current value is reduced annually by 100/0 to allow for depreciation in the value of the assels. Page 10
Helmsdale Communit Trans ort SCIO Detsiled Stalement of Financial Activities for the Year Ended 31 March 2026 31.3.26 31.3.25 INCOME AND ENDOWMENTS Donations and legacles Donations Grants 12,575 12,290 12,580 12,290 Investment Income Deposit account interest 181 172 Charitable activities Bus hire Bus Service Operatorfs Grant 3,651 1,012 3.458 402 4,663 3.860 Total incoming resources 17,424 16.322 EXPENDITURE Charitable actlvltles Wages Insurance Repairs Poslage and ststionery Sundries Motor expenses Depreciation - computer equipment 11,575 1,362 10,875 1.248 31 10 600 1,037 511 1,810 228 14.584 14,703 Support costs Finance Bank charges Governance costs Accountancy 792 660 Total resources expended 15,377 15,363 Net income 2,047 959 This page does not form part of the statutory financial statements Page11